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Page 1
 Annual Report




20
24




                            Strategic
                            Transformation
                            for Sustainable
                            and Inclusive
                            Growth

                            PT Bank KB Bukopin Tbk




Annual Report    2024   1                      PT Bank KB Bukopin Tbk
Page 2
Annual Report   2024   2   PT Bank KB Bukopin Tbk
Page 3
                                 ABOUT 2024 ANNUAL REPORT OF KB BANK


Welcome to 2024 Annual Report of KB Bank with the theme                  In addition, this Annual Report also aims to build understanding
"Strategic Transformation for Sustainable and Inclusive Growth".         and trust in KB Bank by providing accurate, balanced, and relevant
The theme was chosen based on the consideration that in 2024             information. Shareholders and all other stakeholders can obtain
one of KB Bank's focuses is to create sustainable and inclusive          adequate information regarding policies that have been and will
growth and to ensure that KB Bank continues to grow in the future.       be implemented as well as the success of KB Bank's achievements
                                                                         in 2024.
The main objective of compiling this Annual Report is to improve
the Company's information transparency to all stakeholders. KB           In accordance with applicable provisions, this 2024 Annual Report
Bank's Annual Report for the financial year ending December 31,          is presented in two languages, namely Indonesian and English
2024 is published in accordance with the Company's conditions            using easy-to-read font types and sizes and printed with good
throughout 2024 with reference to the provisions contained               quality. KB Bank's Annual Report can be viewed and downloaded
in the Financial Services Authority Regulation ("POJK") No. 29/          on the Company's official website www.kbbank.co.id.
POJK.04/2016 concerning the Annual Report of Issuers or Public
Companies and Circular Letter of the Financial Services Authority
Number 16/SEOJK.04/2021 concerning the Form and Content of
the Annual Report of Issuers or Public Companies

This 2024 Annual Report is a source of comprehensive
documentation containing information on the Company's
performance in a year. The information contains complete
documentation describing the Company's profile; operational,
marketing and financial performance; information on the duties,
roles, and structural functions of the Company's organization
that implements the concept of best practices and corporate
governance principles.




                                 DISCLAIMER AND LIMITATION OF LIABILITY

This annual report contains statements of financial conditions,          This annual report contains the words “KB Bank”, “Bank” and
results of operations, projections, plans, strategies, policies,         “Company” which are defined as PT Bank KB Bukopin Tbk which
and objectives of KB Bank, which are classified as forward-              carries out business activities in the banking sector. The mention
looking statements in the implementation of applicable laws              of currency units “Rupiah”, “Rp” or IDR refers to the official
and regulations, except for historical matters. These statements         currency of the Republic of Indonesia, while “US Dollar” or USD
have prospective risks, uncertainties, and may result in actual          refers to the official currency of the United States. All financial
developments that differ materially from those reported.                 information is presented in Rupiah currency in accordance with
                                                                         Indonesian Financial Accounting Standards.
The prospective statements in this annual report are made
based on various assumptions regarding the current and future
conditions of KB Bank and the business environment in which
the Company conducts its business activities. The Company does
not guarantee that these documents, the validity of which has
been confirmed, will provide the expected results.




Annual Report    2024                                                3                                            PT Bank KB Bukopin Tbk
Page 4
                                               NOTICE OF TABLES
                                                AND GRAPHICS
                            The tables and graphs in this Annual Report present numeric
                              data with writing standards following Indonesian language
                           rules. Numerical presentations in the text use Indonesian and
                                         English language rules according to the context.




Annual Report   2024   4                                         PT Bank KB Bukopin Tbk
Page 5
                                                                                                           FOREWORD

                        Strategic Transformation for Sustainable and Inclusive Growth
KB Bank continues to carry out strategic transformation to create sustainable and inclusive growth. Through the BISA strategy, the Bank
optimizes performance by expanding business segments, increasing operational efficiency, and strengthening asset quality. The focus
on digitalization is also further strengthened by the development of innovative technology infrastructure and financial ecosystems,
ensuring faster, safer, and more accessible services for customers. The success in expanding funding sources and strengthening
synergies with strategic partners is evidence of the fundamental strengthening efforts made. With these strategic steps, KB Bank
continues to strengthen its role as a financial institution that is not only oriented towards business growth, but also contributes to
                                    encouraging financial inclusion and economic welfare in general.




Annual Report    2024                                             5                                           PT Bank KB Bukopin Tbk
Page 6
THEME CONTINUITY




                                                                                          Sustainable Transformation
                                                                                                to be Financial Star
                                                                                 PT Bank KB Bukopin Tbk                                 Laporan Tahunan
                                                                                                                                                          2022
                                                                                                          Sustainable Transformation
                                                                                                            to be Financial Star                             1




                         2023                                                                        2022
    “Strengthening A Solid Business                                  “Sustainable Transformation To Be
              Foundation”                                                     Financial Star”
    To achieve the 2023 target, the Company has set                  In facing the business climate conditions that are
    strategic steps divided into 13 (thirteen) strategic             still full of uncertainty throughout 2022, Bank KB
    agendas with the aim of “Becoming the Main Choice                Bukopin is more careful in realizing its strategic role
    Financial Institution in Indonesia”. The title of the 2023       in the Indonesian banking industry. The Board of
    agenda strategy is "BISA" a reflection of the motivation         Directors together with the Company's Personnel have
    of the Company's people to continue to make changes              determined strategic steps divided into 20 (twenty)
    and continuous improvements with the aim of achieving            strategic agendas with the aim of "Becoming the Main
    mutual victory through 4 pillars, namely Boost Sales             Choice Financial Institution in Indonesia". This is in
    Performance, Innovation for Turnaround, Strengthening            line with the transformation carried out by the Bank
         the quality of Assets, Advanced IT & Digital.                                since previous years.

    The KB Bank transformation phase that is scheduled               Bank KB Bukopin began its transformation journey
    continues to follow the dynamics of existing business            which began in August 2020 which was marked by
    developments, where KB Bank is divided into 3 (three)            the entry of KB Kookmin Bank as the controlling
    stages according to the time projection. The first phase         shareholder. The transformation carried out was divided
    is rebuilding the business foundation through quality            into several stages where in stages 1 and 2 the focus
    asset growth, the second phase KB Bank is expected to            of the transformation was on solving fundamental
    be at a more stable stage to focus on the main business          problems. Until now, the transformation process is
    segments, namely (retail and MSMEs), and the third               still ongoing, entering stages 3 and 4 with a focus
    phase KB Bank is expected to be at a stage that is               on building strong fundamentals in preparation for
    fully ready "Becoming a Leading and Loved Bank in                the growth of good banks in the future. The Bank will
                          Indonesia".                                continue to carry out transformations that focus on
                                                                     change and innovation by actively involving employees
                                                                                         in the process.




Annual Report    2024                                            6                                                                     PT Bank KB Bukopin Tbk
Page 7
                                                                                   1


                                                                                                            PT Bank KB Bukopin, TBK




                                                                                                            Laporan Tahunan 2020

                                                                                                            Menempuh Babak Baru
                                                                                                            dengan Optimisme




                Memperkuat
                Transformasi,
                Kokohkan
                Sinergi



                PT Bank KB Bukopin Tbk               Laporan Tahunan
                                                                         2021
                                                Memperkuat Transformasi, Kokohkan Sinergi




                                         2021                                                                                     2020
    “Strengthening Transformation,                                                              “Entering a New Chapter with
         Strengthening Synergy"                                                                           Optimism”
    In line with Bank KB Bukopin's aspiration to become                                         The COVID-19 virus outbreak has rapidly disrupted
    a Leading Financial Institution in Indonesia by 2025,                                       the business sector and consumer activities globally
    Bank KB Bukopin needs to improve its performance                                            along with its health impacts. With the challenges and
    in all lines. One of them is by improving the quality                                       global and national crises ahead, we have prepared
    of business growth. Bank KB Bukopin believes that                                           several strategies, both immediate and long-term. Our
    improving the quality of business growth is an                                              strategic collaboration with KB Kookmin Bank this year
    important pillar to ensure the sustainability of Bank                                       has given us optimism in starting a new chapter in
                   KB Bukopin in the future.                                                    order to provide better performance and more added
                                                                                                                 value to stakeholders.
    The various efforts made throughout 2021 are outlined
    in the form of 12 (twelve) Strategic Policies that we have
    implemented with high commitment and consistency.                                           Despite the impact of COVID-19, in 2020, we focused
    The twelve Strategic Policies are focusing on the                                           on three main things as part of our transformation
    retail business, strengthening liquidity, improving                                         process including building strong fundamentals by
    credit quality, plans to increase capital, expanding                                        strengthening our core capabilities and expanding the
    into leading segments, developing fee-based income,                                         market, expanding our core business, and capturing
    making efficiency efforts, strengthening points of sales,                                   new markets through the use of digital banking. With
    developing information technology, strengthening                                            the ongoing transformation process, we are confident
    human resources, implementing quality risk                                                  and optimistic that this new chapter will take us to a
    management and internal control, and strengthening                                                   better direction and improvement.
             the role of the internal control system.




Annual Report    2024                                                                       7                                            PT Bank KB Bukopin Tbk
Page 8
KEY ACHIEVEMENTS
2024

                                   CREDIT SEGMENT PERFORMANCE




            MSMEs                         Consumer                     Wholesale

   IDR11.62                           IDR14.75                       IDR21.15
                   trillion                      trillion                    trillion



                                 TOTAL CREDIT SEGMENT PERFORMANCE




                                IDR47.53                 trillion



                                THIRD PARTY FUND PRODUCT PERFORMANCE




                Giro                        Savings                     Deposit

 IDR780.04                            IDR607.22                      IDR 5.12
                       Miliar                       Miliar                   trillion



                                TOTAL THIRD PARTY FUND PERFORMANCE




                                  IDR6.51             trillion

Annual Report   2024                            8                         PT Bank KB Bukopin Tbk
Page 9
                                                          FINANCIAL PERFORMANCE




    Cash and cash                                                           Credit Given
     equivalents

    IDR6.24
                                                                                  At the end of the 2024 fiscal year, the credit provided by


                                                              14.60%
                                                                                  the Bank was recorded at IDR 3.58 trillion, an increase
                                                                                  of IDR 456 billion or 14.60% compared to the previous
                                                                                  year's achievement which was recorded at IDR 3.12 trillion.


                      trillion




                Asset                                                Interest Income and Sharia


 IDR83.08
                                                                                  At the end of the 2024 fiscal year, the Bank's interest


                                                                    12,19%
                                                                                  and sharia income was recorded at IDR5.45 trillion, an
                                                                                  increase of IDR592 billion compared to the previous year's
                                                                                  achievement of IDR4.86 trillion.


                      trillion




                                                    Good Corporate Governance




                                                                                      Competency
                           Rank 2
                                                                                      Development

             “Good”                                                             IDR30.22
                                                                                                                 Miliar
         In 2024, the implementation of good corporate governance
                                                                             In 2024, the Bank has to realize cost education and
         at KB Bank will be KB Bank overall achieved rank 2 or
                                                                             training in frame development HR competency of IDR
         categorized as "Good". This is reflected from fulfilment
                                                                             30.22 billion which is 132% of the 2024 Training Budget.
                    sufficient GCG principles adequate.




Annual Report    2024                                                  9                                            PT Bank KB Bukopin Tbk
Page 10
TABLE OF CONTENTS

    3      ABOUT 2024 ANNUAL REPORT OF KB BANK                 110   BANK GROUP STRUCTURE
    3      DISCLAIMER AND LIMITATION OF LIABILITY                    INFORMATION ON MAJOR AND CONTROLLING
                                                               111
                                                                     SHAREHOLDERS
    4      NOTICE OF TABLES AND GRAPHICS
                                                                     INFORMATION ABOUT SUBSIDIARIES AND ASSOCIATED
    5      FOREWORD                                            113
                                                                     ENTITIES
    6      THEME CONTINUITY                                          CAPITAL MARKET SUPPORTING INSTITUTIONS AND
                                                               114
    8      KEY ACHIEVEMENTS 2024                                     PROFESSIONS
                                                               116   AWARDS AND CERTIFICATION
           Financial and Operational
  01       Data Highlights                                     118   INFORMATION ON THE BANK WEBSITE

                                                                     Management Analysis and
    10
    14
           TABLE OF CONTENTS
           FINANCIAL HIGHLIGHTS
                                                               04 Discussion
    19     OPERATIONAL REVIEW                                  122   GENERAL OVERVIEW

    20     CORPORATE ACTIONS LEADING                           126   BANK STRATEGY 2024

           INFORMATION ON TEMPORARY SUSPENSION OF              130   OPERATIONAL OVERVIEW PER BUSINESS SEGMENT
    21     STOCK TRADING AND/OR STOCK TRADING SANCTIONS              REVENUE, PROFITABILITY, AND FINANCIAL POSITION OF
           (DELISTING) OVERVIEW OF OTHER SECURITIES            149
                                                                     OPERATING SEGMENTS
           INFORMATION REGARDING SUKUK OR CONVERTIBLE                REVENUE, PROFITABILITY, AND FINANCIAL POSITION OF
    21                                                         151
           BONDS                                                     GEOGRAPHIC SEGMENTS
    21     INFORMATION ABOUT                                   153   FINANCIAL REVIEW
    21     OTHER FUNDING SOURCES                                     CAPACITY TO PAY DEBT AND LEVEL OF ACCOUNTS
                                                               163
                                                                     RECEIVABLE COLLECTABILITY
           Management
  02       Report                                              167   FINANCIAL RATIOS
                                                               169   BASE CREDIT INTEREST RATE
    36     REPORT OF THE BOARD COMMISSIONERS
                                                                     CAPITAL STRUCTURE AND MANAGEMENT POLICY ON
    42     REPORT OF THE BOARD OF DIRECTORS                    170
                                                                     CAPITAL STRUCTURE
    52     ANNUAL REPORT ACCOUNTABILITY
                                                                     MATERIAL COMMITMENTS RELATED TO CAPITAL GOODS
                                                               174
           Company                                                   INVESTMENTS
  03       Profile                                             175   REALIZATION OF CAPITAL GOODS INVESTMENT

    56     BANK IDENTITY                                             MATERIAL INFORMATION AND FACTS THAT OCCUR AFTER
                                                               175
                                                                     THE DATE OF THE ACCOUNTANT’S REPORT
    58     BRIEF HISTORY OF THE BANK
                                                               176   BUSINESS PROSPECT
           CERTIFICATE OF CHANGE OF NAME AND
    59                                                               TARGET ACHIEVEMENTS WITH REALIZATION AND
           STATUS OF LEGAL ENTITY                              178
                                                                     PROJECTIONS FOR THE NEXT YEAR
    60     MILESTONES BANK
                                                               180   MARKETING ASPECTS
    64     LINE OF BUSINESS
                                                               182   DIVIDEND POLICY AND DISTRIBUTION
           BUSINESS NETWORK AND BANK
    69                                                               INFORMATION ABOUT THE SHARE OWNERSHIP PROGRAM
           OPERATING AREAS                                     183
                                                                     BY EMPLOYEES AND/OR MANAGEMENT (ESOP/MSOP)
           VISION, MISSION, AND
    70                                                         184   INFORMATION REGARDING THE REALIZATION
           CULTURAL VALUES OF THE BANK
    72     ORGANIZATION STRUCTURE                              184   OF USE OF PUBLIC OFFERING PROCEEDS

    74     PROFILE OF BOARD OF COMMISSIONERS                         MATERIAL INFORMATION REGARDING INVESTMENT,
                                                               186   EXPANSION, DIVESTMENT, BUSINESS MERGER,
    79     DIRECTORS PROFILE                                         ACQUISITION, AND/OR DEBT/CAPITAL RESTRUCTURING
    85     SENIOR EXECUTIVE OFFICER PROFILE                          INFORMATION ON MATERIAL TRANSACTIONS
                                                                     CONTAINING CONFLICTS OF INTEREST AND/OR
    96     HUMAN RESOURCES                                     187
                                                                     TRANSACTIONS WITH AFFILIATED PARTIES/RELATED
   100     INFORMATION OF SHAREHOLDERS COMPOSITION                   PARTIES

   110     BANK STOCK SUSPENSION




Annual Report   2024                                      10                                     PT Bank KB Bukopin Tbk
Page 11
           CHANGES IN LEGISLATION THAT HAVE A SIGNIFICANT         419   INTERNAL AUDIT WORK UNIT
   191
           IMPACT ON THE COMPANY
                                                                  425   PUBLIC ACCOUNTANT
           CHANGES IN ACCOUNTING POLICIES AND THEIR IMPACT
   194                                                            427   RISK MANAGEMENT
           ON THE COMPANY
   195     COMMITMENTS AND CONTINGENCIES                          435   INTERNAL CONTROL SYSTEM

   197     DERIVATIVES AND HEDGING FACILITIES                     438   COMPLIANCE FUNCTION

   197     COMPANY HEALTH LEVEL                                   444   INFORMATION TECHNOLOGY GOVERNANCE

   198     BUSINESS CONTINUITY INFORMATION                              ANTI MONEY LAUNDERING, COUNTER TERRORISM
                                                                        FINANCING, AND COUNTER PROLIFERATION FINANCING
                                                                  447
   199     TAX ASPECTS                                                  OF WEAPONS OF MASS DESTRUCTION (AML, CFT AND
                                                                        CPF)
           THE IMPACT OF INTEREST RATE CHANGES ON BANK
   200
           PERFORMANCE                                                  LEGAL ISSUES/LITIGATION FOR COMPANIES AND
                                                                  449
                                                                        SUBSIDIARIES
           PROHIBITIONS, LIMITATIONS AND/OR SIGNIFICANT
   200     OBSTACLES TO TRANSFERRING FUNDS BETWEEN BANKS          450   IMPORTANT CASES
           AND OTHER ENTITIES IN A BUSINESS GROUP
                                                                  451   ACCESS TO CORPORATE INFORMATION AND DATA
   201     PERFORMANCE OF SUBSIDIARIES
                                                                  453   CODE OF CONDUCT
           Risk
  05       Management
                                                                  455
                                                                  455
                                                                        ANTI-CORRUPTION POLICY AND ITS OUTREACH
                                                                        GRATIFICATION CONTROL
           PUBLICATION RISK EXPOSURE AND CAPITALIZATION                 TRANSPARENCY OF THE COMPANY’S FINANCIAL AND
   204                                                            456
           REPORT                                                       NON-FINANCIAL CONDITIONS
           BANK CAPITAL STRUCTURE AND IMPLEMENTATION OF           456   BUYBACK OF KB BANK SHARES AND BONDS
   220
           RISK MANAGEMENT
                                                                  457   PROVIDING FUNDS FOR SOCIAL
   229     RISK EXPOSURE AND CAPITAL INFORMATION
                                                                  457   AND POLITICAL ACTIVITIES
   268     MARKET RISK
                                                                  457   PROVISION OF FUNDS TO RELATED PARTIES
   271     OPERATIONAL RISK
                                                                        CUSTOMER PROTECTION, ANTI FRAUD AND
   272     RISK OF LIKUIDITAS                                     458
                                                                        WHISTLEBLOWING SYSTEM

  06 Corporate Governance                                         458
                                                                        CONFLICT MANAGEMENT POLICY (INCLUDING INSIDER
                                                                        TRADING)
           DEVELOPMENT OF THE GOOD CORPORATE GOVERNANCE           459   IMPLEMENTATION OF ANTI FRAUD STRATEGY
   298
           PRINCIPLES IMPLEMENTATION
                                                                        VIOLATION REPORTING SYSTEM (WHISTLEBLOWING
           CONFORMITY OF GCG IMPLEMENTATION TO PUBLIC             463
   314                                                                  SYSTEM)
           COMPANY GOVERNANCE GUIDELINES
                                                                  467   TRANSPARENCY OF BAD GOVERNANCE PRACTICE
   319     CORPORATE GOVERNANCE STRUCTURE AND MECHANISM
   321     GENERAL MEETING OF SHAREHOLDERS                        07    Corporate Social Responsibility
   332     BOARD OF COMMISSIONERS                                 470   CORPORATE SOCIAL RESPONSIBILITY
   342     INDEPENDENT COMMISSIONER                               470   GOVERNANCE
   344     BOARD OF DIRECTORS                                     471   CSR PRINCIPLES AND LEGAL BASIS IN THE COMPANY
           DIVERSITY POLICY FOR THE BOARD OF COMMISSIONERS        472   CSR ORGANIZATION STRUCTURE OF THE COMPANY
   356
           AND DIRECTORS
                                                                  476   REALIZATION OF CSR FUND AND ACTIVITIES IN 2024
           REMUNERATION POLICY FOR THE BOARD OF
   360
           COMMISSIONERS AND DIRECTORS                                  STATEMENTS REGARDING CSR ACTIVITIES AS DISCLOSED
                                                                  478
                                                                        IN THE SUSTAINABILITY REPORT
           MEETING OF THE BOARD OF COMMISSIONERS AND
   365
                                                                  08 Financial Report
           DIRECTORS
   371     MAJOR AND CONTROLLING SHAREHOLDERS
           SUPPORTING ORGANS OF THE BOARD OF
   372
           COMMISSIONERS
   402     COMMITTEES UNDER THE BOARD OF DIRECTORS
   412     CORPORATE SECRETARY




Annual Report   2024                                         11                                     PT Bank KB Bukopin Tbk
Page 12
        Financial and Operational
        Data Highlights




Annual Report   2024                12   PT Bank KB Bukopin Tbk
Page 13
                       Financial and
                       Operational Data
                       Highlights
Annual Report   2024     13          PT Bank KB Bukopin Tbk
Page 14
           Financial and Operational
           Data Highlights



FINANCIAL HIGHLIGHTS


                           Consolidated Statement of Profit (Loss) and Other Comprehensive Income
                                                                                                (Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)

                            Description                            31 December 2024        31 December 2023                 31 December 2022
Interest and Sharia Income                                                    5.454.099                  4.861.636                          4.128.670
Interest and Sharia Expenses                                                 (4.301.374)               (4.052.754)                         (3.079.167)
Interest Income and Sharia – Net                                               1.152.725                   808.882                          1.049.503
Other Operating Income                                                         350.046                      456.527                           499.509
Provision of Allowance for Impairment Losses on Financial Assets
                                                                            (3.452.900)                 (5.537.792)                       (3.948.482)
– Net
Provision of Allowance for Impairment Losses on Non-Financial
                                                                              (798.341)                  (269.055)                            (81.325)
Assets – Net
Gain (Loss) from Foreign Exchange Transactions – Net                              6.180                        5.235                            (1.919)
Recovery from losses on commitments and contingencies – net                       5.385                        1.999                            (2.272)
Gain (Loss) from changes in fair value of financial assets                     (23.246)                    155.384                           (147.542)
Gain (Loss) from changes in fair value of financial assets                  (2.026.036)                (2.280.382)                        (2.424.240)
Gain (Loss) from changes in fair value of financial assets                   (4.786.187)               (6.659.202)                        (5.056.768)
Non-Operating Income (Expense) – Net                                          (118.033)                   (128.185)                          (88.888)
Income (Loss) Before Tax Expense                                            (4.904.220)                 (6.787.387)                        (5.145.656)
Income Tax Benefit (Expense) – net                                          (1.424.400)                     731.684                            113.152
Income Tax Benefit (Expense) – net                                          (6.328.620)                (6.055.703)                        (5.032.504)
•      Attributable to Owners of the parent entity                           (6.329.138)               (6.034.077)                        (5.027.460)
•      Attributable to Non-controlling interests                                    518                    (21.626)                            (5.044)
Other comprehensive income- net                                                 180.243                        9.922                            43.205
Total comprehensive income (loss) for the year                               (6.148.377)               (6.045.781)                        (4.989.299)
•      Attributable to Owners of the parent entity                          (6.148.908)                (6.024.463)                        (4.984.356)
•      Attributable to Non-controlling interests                                    531                     (21.318)                           (4.943)
Basic/diluted earnings per share (full amount)                                     (34)                          (61)                              (74)




                                             Consolidated Statement of Financial Position
                                                                                              (Presented in millions of Rupiah, unless stated otherwise)

                           Description                             31 December 2024        31 December 2023                31 December 2022
ASSETS
Cash                                                                           369.083                     289.184                            524.320
Current Account with Bank Indonesia                                           2.672.478                  3.205.619                          4.140.431
Current Account in Other Banks                                                 396.837                     342.581                            743.970
Placement in Bank Indonesia and Other Banks - Net                            2.798.303                   2.133.567                        12.180.830
Marketable Securities – ne                                                   21.766.831                 17.536.140                        12.009.878

Marketable securities receivables with agreement for resale                           -                  2.572.152                                    -

Marketable securities receivables with agreement for resale
                                                                                      -                            -                                  -
(repo)



Annual Report      2024                                            14                                                   PT Bank KB Bukopin Tbk
Page 15
                                            Consolidated Statement of Financial Position
                                                                                              (Presented in millions of Rupiah, unless stated otherwise)

                             Description                           31 December 2024        31 December 2023                31 December 2022
Derivative Receivables                                                           12.054                      3.040                               9.254
Loans and sharia financing/receivables – net                                44.535.289                 45.835.782                         48.956.758
Acceptance Receivables                                                           83.079                    130.964                              17.135
Investment in share                                                                   15                          15                                 15
Fix asset and use right assets                                               3.320.304                   3.233.675                         3.396.202
Deferred Tax Assets – Net                                                     1.258.561                  2.670.543                          1.942.151
Intangible Assets                                                              270.807                    285.585                             201.994
Other Assets – Net                                                            5.591.657                 6.068.453                           5.872.414

Total Assets                                                              83.075.298                84.307.300                         89.995.352


LIABILITY AND EQUITY
Liabilities
Liabilities immediately payable                                                401.263                     431.402                           388.522
Deposits from Customers                                                     46.593.158                 44.789.143                         51.962.370
Deposits from other Banks                                                     2.881.186                  7.886.721                        10.381.375
Marketable securities sold with agreements to repurchase – net                3.739.878                    219.631                                    -
Derivative Payables                                                               3.641                         808                            12.259
Acceptance Payables                                                              84.279                    132.577                             17.346
Borrowings                                                                  13.920.644                 11.704.492                          11.200.131
Marketable securities issued                                                  5.790.158                 3.397.588                           3.392.718
Taxes Payables                                                                  60.903                      64.635                             56.496
Other Liabilities                                                            1.638.402                   1.570.140                          1.367.530

Total Liabilities                                                           75.113.512                 70.197.137                        78.778.747


Equity
Equity attributed to the Equity Holders of the Parent Entity
Equity attributed to the Equity Holders of the Parent Entity                19.000.000                19.000.000                           7.000.000
Additional Paid-in Capital                                                    8.225.767                  8.225.767                         8.286.428
Capital paid in advance                                                                -                           -                      3.000.000
Asset revaluation surplus                                                     1.816.965                 1.603.893                          1.605.649
Unrealized gain (loss) on available-for-sale securities and fair
                                                                                (14.149)                      7.563                              2.625
value through other comprehensive income - after deferred tax
Retained earning                                                            (21.041.182)             (14.700.914)                        (8.673.269)
Total Equity attributable to owners of the parent entity                      7.987.401                14.136.309                          11.221.433
Non-Controlling Interests                                                      (25.615)                    (26.146)                           (4.828)

TOTAL EQUITY                                                                7.961.786                 14.110.163                        11.216.605
TOTAL LIABILITIES and EQUITY                                              83.075.298                84.307.300                         89.995.352




Annual Report       2024                                           15                                                  PT Bank KB Bukopin Tbk
Page 16
           Financial and Operational
           Data Highlights



          Total Assets                                                                        Total Liabilities
          (IDR-million)                                                                       (IDR-million)

                       83.075.298




                                            84.307.300




                                                                89.995.352




                                                                                                         75.113.512




                                                                                                                             70.197.137




                                                                                                                                                  78.778,747
                                    2024                 2023                2022                                     2024                2023                 2022



          Total Equities
          (IDR-million)
                       7.961.786




                                            14.110.163




                                                                11.216.605




                                    2024                 2023                2022




                                                          FINANCIAL RATIO AND OTHER IMPORTANT RATIOS
                                                                                                                                                                        (in %)

                                    Description                                     31 December 2024        31 December 2023                     31 December 2022
Capital
CAR by calculating credit risk                                                                  17,22%                       28,50%                                   20,13%
CAR by calculating credit risk and market risk                                                  17,11%                       28,37%                                   20,01%
CAR by calculating credit risk and operating risk                                               16,49%                       27,17%                                   19,19%
CAR by calculating credit risk, market risk and operating risk                                  16,38%                       27,05%                                   19,08%
Fixed Assets – Net to Main Capital                                                              91,39%                       38,51%                                   55,45%
Productive Assets
Non Performing Earning Assets and Non Earning Assets to Total
                                                                                                 5,01%                        6,27%                                    6,92%
Earning Assets and Non Earning Assets
Non-performing Assets to Total Earning Assets Ratio                                              3,00%                        6,37%                                   4,09%
Allowance for Impairment Losses (CKPN) of Financial Assets to
                                                                                                 4,47%                       4,80%                                     1,93%
Productive Assets
Non-perfoming credit to loans ratio - gross                                                      9,06%                        9,56%                                   6,56%
Non-perfoming credit to loans ratio - neto                                                       4,38%                        4,87%                                   4,84%




Annual Report     2024                                                              16                                                     PT Bank KB Bukopin Tbk
Page 17
                                           FINANCIAL RATIO AND OTHER IMPORTANT RATIOS
                                                                                                                          (in %)

                             Description                       31 December 2024       31 December 2023        31 December 2022
Profitability
Return on assets (ROA)                                                     -7,55%               -7,71%                  -6,27%
Return on equity (ROE)                                                   -154,60%              -61,38%                 -82,58%
Net interest income margin (NIM)                                            1,31%                0,78%                   1,17%
Ratio of operating expenses to operating income (BOPO)                    192,58%              223,24%                 226,22%
Cost to Income Ratio (CIR)                                                146,31%              170,20%                 193,05%
Profit (Loss) to income ratio                                            -116,03%             -124,56%                -121,89%
Profit (Loss) to total assets ratio                                        -7,62%               -7,18%                  -5,59%
Profit (Loss) to total equity ratio                                       -79,49%              -42,92%                 -44,87%
Liabilities to total assets ratio                                          90,42%              83,26%                   87,54%
Liabilities to total equity ratio                                         943,43%              497,49%                 702,34%
Liquidity
The ratio of the credit amount to the number of customer
                                                                          103,26%              113,18%                  98,48%
deposits (LDR)
Compliance
Percentage of LLL violation
Related partie                                                                    -                  -                        -
Unrelated parties                                                                 -                  -                        -
Percentage of exceeding LLL
Related partie                                                                    -                  -                        -
Unrelated parties*                                                          7,64%                    -                        -
Minimum Statutory Reserve:
Main Minimum Statutory Reserves in Rupiah
Daily Minimum Statutory Reserves                                            8,70%                7,05%                   8,53%
Average Minimum Statutory Reserves                                          8,74%                7,37%                   8,53%
Macroprudential Liquidity Buffer d/h Secondary MSR                         28,82%              35,08%                   13,87%
Foreign Currency Conventional MSR                                           4,02%               4,02%                    4,02%
Net Open Position (NOP)                                                     2,46%                1,62%                   1,59%
Growth
Asset growth ratio                                                         -1,46%               -6,32%                   0,87%
Liability growth ratio                                                      7,00%              -10,89%                   3,64%
Equity growth ratio                                                       -43,57%              25,80%                  -15,06%
Interest and sharia income growth ratio – net                              42,51%              -22,93%                  26,52%
Other operating income growth ratio                                       -23,32%               -8,60%                 230,44%
Other operating expense ratio                                              -11,15%              -5,93%                 -20,34%
Operating profit growth ratio                                               4,51%               20,33%                 118,59%
Net profit growth ratio




Annual Report       2024                                      17                                         PT Bank KB Bukopin Tbk
Page 18
        Financial and Operational
        Data Highlights



       ROA                                                              ROE
       %                                                                %

                   -7,75%




                                   -7,71%




                                                   -6,27%




                                                                               -154,60%




                                                                                                 -61,38%




                                                                                                                  -82,58%
                            2024            2023            2022                          2024             2023             2022



       NIM                                                              BOPO
       %                                                                %
                   1,318%




                                   0,78%




                                                   1,17%




                                                                               192,58%




                                                                                                 223,28%




                                                                                                                  226,22%
                            2024            2023            2022                          2024             2023             2022




Annual Report   2024                                               18                                       PT Bank KB Bukopin Tbk
Page 19
                                                            OPERATIONAL REVIEW


                                       Credit Segment
                                                                       (Presented in millions of Rupiah, unless stated otherwise)

                 Description   31 December 2024            31 December 2023                    31 December 2022
MSMEs                                             11.619                      15.633                                    18.397
Consumer                                          14.754                   12.458                                        13.474
Wholesale                                         21.154                      21.328                                     18.712

Total                                         47.527                      49.419                                      50.583


                                        Fund Segment
                                                                       (Presented in millions of Rupiah, unless stated otherwise)

                 Description   31 December 2024            31 December 2023                    31 December 2022
Retail                                            29.769                   30.008                                       37.889
Wholesale                                         16.824                      14.781                                    14.074

Total                                        46.593                       44.789                                       51.962


                                     Fee Based Segment
                                                                       (Presented in millions of Rupiah, unless stated otherwise)

                 Description   31 December 2024            31 December 2023                    31 December 2022
Public Service                                       69                          83                                         137
E-Channel                                             17                         20                                          20
Credit card & merchant                               32                          38                                          50
Trade Finance                                         6                           8                                            7
Bank Guarantee                                        2                           8                                           16
Others                                              182                         280                                         225

Total                                              308                         436                                         455




Annual Report      2024                       19                                              PT Bank KB Bukopin Tbk
Page 20
                Financial and Operational
                Data Highlights



SHARE HIGLIGHTS


                                                  Price per Share (IDR)                                   In circulation (in               Transactions (in                   Capitalization Market
      Description                                                                                       Thousands of Units)              Thousands of Units)                   Closing (IDR Million)
                                     Highest                    Lowest                 Closing
    2024
    Quarter IV                                   64                      51                        54               187.887.539.870                        122.109,03                            10.700.525
    Quarter III                                   75                     50                        64               187.887.539.870                        235.341,37                            11.281.952
    Quarter II                                    77                     50                        50               187.887.539.870                         94.255,67                            11.302.186
    Quarter I                                     87                     76                        76               187.887.539.870                         37.372,96                            14.969.490
    2023
    Quarter IV                                   94                      72                       80                187.887.539.870                        80.093,24                             15.415.763
    Quarter III                                  115                     92                        93               187.887.539.870                         91.718,59                            18.910.018
    Quarter II                                   118                     92                    102                  187.887.539.870                        134.682,09                            19.001.981
    Quarter I                                    140                 100                          110                67.887.540.178                        143.075,62                            7.899.044



2023                                                                                                         2024

160.000.000                                                                                   80             250.000,00                                                                                 120
                                                                                         76                                                                                                       110
140.000.000                                                                                   70                                                                               102
                                                  64                                                         200.000,00                                                                                 100
120.000.000                                                                                   60                                                           93
                                                                                                                                         80                                                             80
100.000.000                     54
                                                                                              50
                                                                    50                                       150.000,00
80.000.000                                                                                    40                                                                                                        60
                                                       134.682,09




                                                                          143.075,65




                                                                                                                            122.109,03




                                                                                                                                              235.341,37
                  80.093,24




                                                                                                                                                                94.255,67




                                                                                                                                                                                     37.372,96
                                     91.718,59




60.000.000                                                                                                   100.000,00
                                                                                              30                                                                                                        40
40.000.000                                                                                    20             50.000,00                                                                                  20
20.000.000                                                                                    10
0                                                                                                            0,00                                                                                       0
                                                                                              0

                     Triwulan             Triwulan         Triwulan           Triwulan                                          Triwulan           Triwulan         Triwulan             Triwulan
                        IV                   III               II                 I                                                IV                 III               II                   I

                                                                         Volume Transaksi                     Harga Saham




CORPORATE ACTIONS LEADING

On October 23, 2024, KB Bank successfully completed the pricing of its inaugural Senior Unsecured Notes (“Global Bonds”) listed on
the Singapore Stock Exchange (SGX-ST) with a nominal value of US$ 300 million and a coupon of 5.658% which will mature on October
30, 2027. The corporate action and the issuance of this global bond aims to diversify long-term funding and reduce dependence on
short-term foreign loans. The issuance of this Global Bond received.




Annual Report                 2024                                                                      20                                                                  PT Bank KB Bukopin Tbk
Page 21
          INFORMATION ON TEMPORARY SUSPENSION OF
    STOCK TRADING AND/OR STOCK TRADING SANCTIONS
            (DELISTING) OVERVIEW OF OTHER SECURITIES

Throughout 2024, KB Bank never received any sanctions that impacted its stock trading activities on the Stock Exchange where the Bank's
shares are listed and traded. The Bank also did not experience a temporary suspension of stock trading (suspension) or cancellation
of stock listing (delisting). Therefore, this Annual Report does not contain information regarding the impact of suspension or delisting.




                                                                INFORMATION REGARDING SUKUK
                                                                       OR CONVERTIBLE BONDS
                                                                                                                       Rating                                Status until
                        Exchange     Issuance     Tenor                Value       Maturity      Maturity
    Issuer Name                                            Currency                                                                           Trustee       December 31,
                          Name         Date     (months)              (million)     Date          Rate
                                                                                                                2024             2023                           2023


 Bank Bukopin
 Sustainable            Indonesia
                                    February                                      February 28.                                idAA        PT Bank Mandiri
 Subordinated           Stock                         84         Rp   1,405,000                       11%   *                                                 Paid off
                                    28. 2017                                         2024                                  (PEFINDO)       (Persero) Tbk
 Bonds II Phase         Exchange
 II 2017

 Bank KB Bukopin        Indonesia                                                                           AAA(idn)           AAA(idn)
                                    September                                      September                                              PT Bank Mandiri
 Sustainable Senior     Stock                         36         Rp   1,000,000                     6,25%   Fitch                Fitch                        Paid off
                                    9, 2021                                          9, 2024                                               (Persero) Tbk
 Bonds I Phase I 2021   Exchange                                                                            Rating              Rating

 KB Bukopin Bank III
 Sustainable            Indonesia                                                                           AA(idn)             AA(idn)
                                    September                                      September                                              PT Bank Mandiri
 Subordinated           Stock                         60         Rp     315,000                        8%   Fitch                Fitch                      Outstanding
                                    9, 2021                                          9, 2026                                               (Persero) Tbk
 Bonds Phase I 2021     Exchange                                                                            Rating              Rating
 Series A

 Bank KB Bukopin
 Sustainable
                        Indonesia                                                                           AA(idn)             AA(idn)
 Subordinated                       September                                      September                                              PT Bank Mandiri
                        Stock                         84         Rp     685,000                      8,9%   Fitch                Fitch                      Outstanding
 Bonds III Phase I                  9, 2021                                          9, 2028                                               (Persero) Tbk
                        Exchange                                                                            Rating              Rating.
 2021 Series B


                                                                                                            BBB
                        Indonesia
 Senior Unsecured                   October                                        October 30,              (stable)                      HSBC Hong Kong
                        Stock                         36        USD         300                    5,658%                  -                                Outstanding
 Notes                              30, 2024                                             2027               Fitch                         (Paying Agent)
                        Exchange
                                                                                                            Ratings




                                                                                           INFORMATION ABOUT
                                                                                       OTHER FUNDING SOURCES
In 2024, KB Bank did not issue Medium Term Notes (MTN) or other debt-based funding instruments. Therefore, this Annual Report
does not contain information related to other funding sources.




Annual Report           2024                                                      21                                                        PT Bank KB Bukopin Tbk
Page 22
        Financial and Operational
        Data Highlights



IMPORTANT EVENTS


                                         Holding an Extraordinary General Meeting of Shareholders (EGMS), PT
                                         Bank KB Bukopin Tbk (BBKP) Announces Changes in the Composition of
                                         the Board of Commissioners and Directors


                                         KB Bank held an Extraordinary General Meeting of Shareholders (EGMS)
                                         with the agenda of changing the composition of the Bank's management.
                                         In the meeting, through an acclamation decision, the EGMS approved the
                                         appointment of Seng Hyup Shin as Deputy President Commissioner and
                                         Im Jang Hyuk as Director of PT Bank KB Bukopin Tbk.




   January 24

                                         PT Bank KB Bukopin Tbk and the Government of Batam City Launch Fuel
                                         Card 3.0, Innovation for Better Subsidized Fuel Distribution


                                         KB Bank in collaboration with the Batam City Industry and Trade Agency
                                         (Disperindag) launched and reviewed the use of Fuel Card 3.0. This initiative
                                         was conducted to improve the efficiency and fairness of subsidized fuel
                                         distribution.




   February 16

                                         Completing the Transformation Journey, KB Bank Officially Becomes the
                                         Company's New Name and Logo


                                         PT Bank KB Bukopin Tbk officially introduced the change of brand and logo
                                         to KB Bank. This marks an important step in the transformation journey
                                         that began in 2021. This change also reflects the Bank's commitment to
                                         continue to grow and strengthen its position as a leading and trusted
                                         banking institution in Indonesia. The change does not affect the company's
                                         legal name, which remains PT Bank KB Bukopin Tbk.




   March 3




Annual Report   2024                22                                                  PT Bank KB Bukopin Tbk
Page 23
                            Fully Supporting MSME Growth, KB Bank Collaborates with OttoDigital
                            through People's Business Credit (KUR)


                            KB Bank continues to strengthen its commitment as a trusted bank
                            by supporting MSME growth through KUR distribution. As a concrete
                            manifestation, KB Bank collaborates with OttoDigital, a digital business
                            group in the Salim Group ecosystem through PT Reksa Transaksi Sukses
                            Makmur to facilitate KUR access for selected merchants and MSME
                            partners. This initiative is expected to encourage MSME business growth
                            and accelerate financial inclusion in Indonesia.




   March 6

                            Supporting the Improvement of Financial Literacy, KB Bank Collaborates
                            with ITB Ahmad Dahlan Through the “Star Edu” Program


                            KB Bank has established a partnership with ITB Ahmad Dahlan through
                            the “Star Edu” Program to improve financial literacy and inclusion. This
                            collaboration is realized in the “Beyond Excellent Trainers” program,
                            where KB Bank management becomes a teacher in the “Guiding Future
                            Banking Professionals” training on March 18–20, 2024, with 200 lecturers
                            and practitioners as participants. The signing of the MoU between
                            KB Bank Deputy President Director, Robby Mondong, and ITB Ahmad
                            Dahlan Chancellor, Dr. Yayat Sujatna, SE., MSi, was carried out at the
                            Kick-off Meeting in Jakarta, which was also enlivened by the seminar
                            “ESG Awareness: Sustaining in VUCA World.”

   March 15

                            Expanding Customer Access, KBstar Can Now Withdraw Cash Without a
                            Card at Indomaret Outlets Throughout Indonesia


                            KB Bank is expanding its digital services by presenting the "cardless
                            withdrawal" feature at 21,717 Indomaret outlets throughout Indonesia
                            through the KBstar application. Since its launch at the end of last year,
                            KBstar has made it easier for customers to make digital transactions,
                            including cardless cash withdrawals at ATMs. This innovation is part of
                            KB Bank's commitment to providing safe and easily accessible banking
                            services in the digital era. Deputy President Director of KB Bank, Robby
                            Mondong, stated that the collaboration with Indomaret aims to increase
                            the accessibility of banking services for the community more widely and
                            affordably.

   March 22




Annual Report   2024   23                                                PT Bank KB Bukopin Tbk
Page 24
        Financial and Operational
        Data Highlights




                                         KB Bank Holds Customer Gathering, Committed to Getting Closer to
                                         Customers


                                         KB Bank held a customer gathering "KB Bank Ramadan Safari" in Jakarta,
                                         which closed a series of events since March 18 in various cities. This event
                                         aims to strengthen relationships with customers, introduce rebranding,
                                         and discuss digital banking innovations. KB Bank President Director,
                                         Tom (Woo Yeul) Lee, emphasized the bank's commitment to supporting
                                         strategic sectors and presenting innovative digital credit products. KB
                                         Bank's transformation is strengthened by the adoption of Next Generation
                                         Banking System (NGBS) technology from KB Financial Group (KBFG), the
                                         controlling shareholder since 2020, to increase banking trust and services
                                         in Indonesia.

   March 25

                                         KB Bank Expands Access to Subsidized Diesel Fuel Cards in Bintan Regency,
                                         Riau Islands


                                         KB Bank in collaboration with the Transportation Agency of Bintan Regency
                                         launched the Subsidized Diesel Fuel Card in Bintan Regency, Riau Islands,
                                         as a solution to improve efficiency and equal distribution of subsidized
                                         fuel. With chip and hologram technology, the Fuel Card ensures that
                                         subsidized diesel is right on target, reduces queues at gas stations, and
                                         prevents hoarding by irresponsible parties. The launch event was attended
                                         by KB Bank President Director Tom (Woo Yeul) Lee, Bintan Regent Roby
                                         Kurniawan, and representatives from the Riau Provincial Government
                                         and Pertamina. KB Bank hopes that the public will make optimal use of
                                         this Fuel Card to support transparency and fairness in fuel distribution.

   April 1

                                         Fitch Ratings Maintains KB Bank's National Rating at AAA Level with
                                         Stable Outlook


                                         PT Fitch Ratings Indonesia has maintained KB Bank's AAA national
                                         rating, reflecting its financial stability and very low default risk. This
                                         rating is given to appreciate KB Bank's commitment to strengthening
                                         its business fundamentals and becoming a trusted banking institution
                                         in Indonesia. This announcement was made by Fitch after conducting a
                                         comprehensive evaluation of KB Bank's performance, which continues
                                         to strive to implement sustainable business practices. KB Bank Deputy
                                         President Director Robby Mondong said that this achievement reflects
                                         public trust in the Bank and its dedication to maintaining stability and
                                         healthy growth.

   April 18




Annual Report   2024                24                                                  PT Bank KB Bukopin Tbk
Page 25
                            Bank Holds Halal bihalal with Customers, Realizing Solid Synergy in
                            Banking Services


                            Still in Eid al-Fitr 1445 H vibe, KB Bank held a Halal bihalal event with its
                            loyal customers at each KB Bank branch office in Jakarta and 20 other
                            cities in Indonesia. This event aims to nurture friendship and provide
                            appreciation to customers as main partners. During the event, KB Bank
                            management, including Deputy President Director Robby Mondong,
                            interacted directly with customers, expressed their gratitude, and
                            introduced various digital banking service innovations. Through this
                            halal bihalal, KB Bank emphasized its commitment to supporting customer
                            financial growth and encouraging sustainable transformation in the
                            banking industry.

   April 25
                            KB Bank and Daimler Commercial Vehicles Indonesia Sign Dealer Financing
                            Cooperation


                            KB Bank signed a dealer financing cooperation with PT Daimler Commercial
                            Vehicles Indonesia (DCVI) at the Banking Hall, KB Bank Head Office. This
                            partnership aims to support the growth of the automotive industry,
                            especially in providing financing facilities for Mercedes-Benz truck and
                            bus commercial vehicle dealer partners. The event was attended by the
                            board of directors of both companies, including KB Bank Deputy President
                            Director Robby Mondong and DCVI President Director Naeem Hassim,
                            who emphasized the importance of this cooperation in strengthening a
                            sustainable automotive business ecosystem. With experience in the dealer
                            financing sector, KB Bank is optimistic that it can continue to drive new
                            credit growth of up to 25%, especially for the MSME and retail segments,
                            as part of its long-term business strategy.
   May 16

                            Supporting Food Self-Sufficiency, KB Bank Distributes Credit Financing
                            to Sugarcane Farmers


                            KB Bank has collaborated with PT Pabrik Gula Rajawali II (PG Rajawali II)
                            and PT Mata Langit Solusindo (MATA) to build a financial ecosystem for
                            sugarcane farming in Indonesia through credit financing facilities. This
                            initiative is part of KB Bank's support for the government's efforts to
                            realize national food security. Through this collaboration, KB Bank provides
                            productive financial support for more than 5,000 sugarcane plantations
                            that are members of Rajawali II by utilizing its financial technology.
                            Meanwhile, MATA presents a data-based solution that allows monitoring
                            of weather conditions, soil moisture, fertilizer amounts, and sugarcane
                            health through satellite technology, as well as providing estimates of
                            sugarcane production up to six months before harvest.
   May 16




Annual Report   2024   25                                                  PT Bank KB Bukopin Tbk
Page 26
        Financial and Operational
        Data Highlights




                                         Building Business Ecosystem Growth, KB Bank and APP Indonesia Sign
                                         Vendor Financing Cooperation


                                         KB Bank and PT APP Purinusa Ekapersada signed a vendor financing
                                         cooperation on May 27, 2024 at Sinarmas Land Plaza, Tower 2. This
                                         partnership aims to provide fast and easy financing access for APP
                                         Indonesia's business partners, supporting their business growth efficiently.
                                         This initiative is align with KB Bank's strategy in strengthening the business
                                         ecosystem and increasing the growth of the corporate segment. With this
                                         collaboration, KB Bank and APP Indonesia are committed to creating a
                                         sustainable business ecosystem and contributing to the national economy.




   May 27

                                         Encouraging Growth in the Railway Industry Ecosystem, KB Bank Continues
                                         Synergy with PT INKA Multi Solusi


                                         KB Bank has again collaborated with PT INKA Multi Solusi (PT IMS) in
                                         developing a business ecosystem through a vendor financing scheme.
                                         The signing of the cooperation agreement, which took place at the KB
                                         Bank Head Office, confirmed both parties' commitment to supporting
                                         access to financing for PT IMS' business partners, which are engaged in
                                         railway manufacturing and land transportation. Previously, KB Bank had
                                         provided financing facilities for train, Pertashop, and electric bus ordering
                                         projects, as well as various other funding solutions. This collaboration is
                                         in line with KB Bank's support for the growth of the land transportation
                                         sector, in line with the government's strategic agenda in developing
                                         national infrastructure.
   May 27

                                         KB Bank Distributes IDR 123 Billion in Partnership Financing Credit to
                                         Bank Perekonomian Rakyat


                                         KB Bank collaborates with PT BPR Modern Express in the Linkage Program
                                         scheme to expand access to financing for the MSME and consumer financing
                                         sectors. Through the executing scheme, KB Bank disburses financing of
                                         IDR 123 billion to BPR Modern Express, which is then forwarded to end
                                         customers, including the Civil Servant/Pensioner and MSME segments, to
                                         meet business capital needs and other needs. This collaboration reflects
                                         KB Bank's commitment to supporting inclusive MSME growth and increasing
                                         penetration and diversification of its financing in the productive sector.




   May 30




Annual Report   2024                26                                                   PT Bank KB Bukopin Tbk
Page 27
                            Fitch Rating Gives KB Bank International Rating Equal to Indonesia's
                            Sovereign Credit Rating


                            Fitch Ratings Indonesia assigns KB Bank's international rating at 'BBB'
                            with a stable outlook, equivalent to Indonesia's Sovereign Credit Rating.
                            Previously, Fitch also maintained KB Bank's national rating at the highest
                            level of 'AAA'. KB Bank's performance continues to improve with new credit
                            growth of 114.3% year-on-year, an increase in Net Interest Margin (NIM)
                            to 0.9%, and an improvement in the loan at risk (LAR) ratio from 50.3% to
                            26.9% until April 2024. With this achievement, KB Bank is optimistic about
                            expanding credit expansion in the corporate, MSME, and retail segments.




   June 6

                            Expanding Credit Expansion, KB Bank Signs Cooperation with Mayapada
                            Healthcare


                            KB Bank has distributed financing of more than IDR 700 billion to PT
                            Sejahteraraya Anugrahjaya Tbk for the construction of Mayapada Hospital
                            in IKN and Cakung, as well as the procurement of medical equipment.
                            KB Bank Deputy President Director Robby Mondong emphasized KB
                            Bank's support for the health sector to improve the quality of life of
                            the community. On the other hand, Mayapada Healthcare Chairman &
                            Group CEO Jonathan Tahir stated that this cooperation will accelerate the
                            expansion of health services. The signing of the cooperation took place
                            at the KB Bank Head Office on June 20, 2024.


   June 20

                            Holding an AGM, KB Bank Explains Performance Growth and Changes in
                            the Company's Management Composition


                            KB Bank successfully held an AGM for the 2023 Financial Year in Jakarta
                            which discussed various important agendas, including approval of the
                            annual report, appointment of a public accountant, and changes in the
                            management composition. KB Bank recorded new credit growth of 20%
                            to IDR 9 trillion, supported by operational efficiency that reduced cost
                            burdens by 9%. The AGM also approved changes in management, including
                            the resignation of several commissioners and directors, as well as the
                            reappointment of Robby Mondong as Deputy President Director and
                            Henry Sawali as Director.


   June 28




Annual Report   2024   27                                                 PT Bank KB Bukopin Tbk
Page 28
        Financial and Operational
        Data Highlights




                                         KB Bank becomes the Administrator Bank for Customer Fund Accounts
                                         (RDN Administrator Bank) and Payment Bank


                                         KB Bank has been officially appointed by PT Kustodian Sentral Efek
                                         Indonesia (KSEI) as one of the Administrator Banks for Customer Fund
                                         Accounts (RDN Administrator Bank) and Payment Bank.




   July 19

                                         Completing Transformation Journey, KB Bank Pioneers AI-Based Credit
                                         Assessment in Indonesia


                                         KB Bank collaborates with PFC Technologies from South Korea to present
                                         the first AI-based credit distribution model in Indonesia, aimed at pension
                                         and MSME loans. This collaboration was marked by the signing of an
                                         MoU in Jakarta attended by representatives of both companies. The
                                         implementation of AI is expected to optimize credit risk assessment,
                                         reduce high-risk debtors by 2%-3%, and increase the efficiency of the loan
                                         process through more sophisticated data analytics. KB Bank sees this step
                                         as a commitment to financial innovation, while PFC Technologies hopes
                                         to contribute to strengthening risk management technology in Indonesia.


   July 19

                                         Marking 20 Years of Synergy, KB Bank Receives Appreciation from the
                                         PRIMA Network


                                         KB Bank received an award from PT Rintis Sejahtera for its 20 years
                                         of cooperation and collaboration in providing payment infrastructure
                                         services for KB Bank customers through the PRIMA Network. This award
                                         was presented by Vice President Director of PT Rintis Sejahtera Suryono
                                         Hidayat and received by KB Bank Director Helmi Fahrudin at the KB Bank
                                         Head Office, Jakarta. This collaboration has resulted in various banking
                                         service innovations, including the development of cross-border transaction
                                         solutions in Southeast Asia through QRIS. In the future, KB Bank and the
                                         PRIMA Network will continue to strive to provide easier and more efficient
                                         services to meet customer needs.

   July 26




Annual Report   2024                28                                                 PT Bank KB Bukopin Tbk
Page 29
                            KB Bank Supports Literacy and Sports Festival to Commemorate the 79th
                            Anniversary of Indonesian Independence


                            To celebrate the 79th Anniversary of Indonesian Independence and
                            to contribute to the community, KB Kookmin Bank as the controlling
                            shareholder of KB Bank supports the implementation of the Literacy
                            and Sports Festival in Muktiwari Village, Bekasi Regency. In collaboration
                            with the Gugah Nurani Indonesia Foundation, this festival took place
                            from July 29 to August 18, 2024 and will involve more than 500 students.
                            With the concept of a Multicultural Library, this event combines literacy
                            competitions and physical activities to increase interest in reading and
                            support children's mental and physical health. KB Kookmin Bank has
                            also contributed to the development of the Multicultural Library as part
                            of its CSR commitment to advancing literacy and education in Indonesia.
   August 18

                            KB Bank Holds Financial Adventure with Elementary School Students
                            Through “Tour De Bank” Activity


                            KB Bank supports financial inclusion of the younger generation through
                            the “Tour De Bank” program at the KB Bank Head Office, involving 49
                            Sampoerna Academy students. This activity introduces the importance
                            of saving from an early age and shows firsthand banking operations
                            through a bank tour. In addition, there is a “Learning Korean” session
                            and nationalism-themed games in the context of the 79th Anniversary of
                            the Republic of Indonesia. This program is in line with KB Bank's efforts
                            to build children's financial literacy from an early age, supporting OJK's
                            financial inclusion initiative.


   August 21

                            Celebrating National Customer Day, KB Bank Holds 'Customer Visit Day'
                            to Tokopedia Office


                            In celebration of National Customer Day 2024, KB Bank held a "Customer
                            Visit Day" and "KB Bank Customer Saranghae" event to appreciate loyal
                            customers. KB Bank President Director, Tom (Woo Yeul) Lee emphasized
                            the Bank's commitment to providing excellent service and supporting
                            the growth of the digital economy in Indonesia. This activity included
                            a visit to Tokopedia and giving special awards to customers at KB Bank
                            branch offices. Through this momentum, KB Bank confirms its position
                            as a trusted financial partner that continues to innovate for customer
                            satisfaction and loyalty.


   September 4




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        Financial and Operational
        Data Highlights




                                         KB Bank Supports MSMEs to Upgrade through Financial Literacy in Bekasi
                                         Regency


                                         KB Bank is committed to improving financial literacy for MSMEs in
                                         Indonesia through the "Community Development, Improving Financial
                                         Literacy, and Empowering MSMEs" program held at the Multicultural Library,
                                         Muktiwari Village, Bekasi Regency, West Java. In collaboration with PPM
                                         School of Management and the Gugah Nurani Indonesia Foundation, KB
                                         Bank provides financial education for MSMEs to be more ready in facing
                                         business challenges. KB Bank Deputy President Director Robby Mondong
                                         emphasized the importance of financial literacy in making the right
                                         financial decisions. This program also supports the OJK's financial literacy
                                         initiative to build a stronger and more sustainable MSME ecosystem.

   September 7

                                         KB Bank and KBFG Affiliates in Indonesia Collaborate to Improve Nutrition
                                         for Underprivileged Children


                                         KB Bank and KBFG affiliates in Indonesia launched the “Bersama KB
                                         Indonesia, Berbagi Kebaikan” (Together with KB Indonesia, Share Kindness)
                                         program to improve nutrition for underprivileged children. Collaborating
                                         with Hungry Happy Center, this program supports the reduction of stunting
                                         rates through the provision of nutritious food and balanced nutrition
                                         education. KB Bank President Director Tom Lee, emphasized the Bank's
                                         commitment to building collective awareness of the importance of
                                         children's health. In the future, KB Bank will continue to integrate ESG
                                         values in its operations and social programs to create a sustainable
                                         impact on society.

   October 12

                                         KB Bank Successfully Issues First Global Bonds Worth USD 300 Million


                                         KB Bank has completed the pricing of its first US Dollar-denominated
                                         Senior Unsecured Notes (Global Bonds) worth USD 300 million on October
                                         23, 2024 in Singapore. This move aims to diversify long-term funding and
                                         reduce dependence on short-term loans. Listed on the Singapore Stock
                                         Exchange (SGX-ST) with a 3-year tenor, this issuance marks KB Bank's first
                                         step into the international capital market.




   October 25




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Page 31
                            Indonesian U20 National Team Player, Ji Da Bin Officially Appointed as
                            KBstar Brand Ambassador


                            KB Bank has appointed Ji Da Bin, a young player of the Indonesian
                            U-20 national team, as KBstar's brand ambassador. Ji Da Bin, who is of
                            Indonesian-South Korean blood and is known for his achievements in
                            leading the U-16 national team to win the 2022 AFF U-16 Cup, symbolizes
                            the values of innovation, dedication, and hard work carried by KBstar. This
                            appointment aligns with KBstar's vision to inspire young Indonesians, while
                            the digital application continues to grow with innovative features such
                            as cardless cash withdrawals at Indomaret and significant user growth.




   October 30

                            KB Bank's Controlling Shareholder Facilitates Free Heart Surgery in Korea
                            for Indonesian Children


                            As part of its CSR commitment and support for the Sustainable
                            Development Goals in the health sector, KB Kookmin Bank—KB Bank's
                            controlling shareholder—has provided medical assistance in the form of
                            surgery and treatment costs for underprivileged children with heart disease
                            in Indonesia. Ten children underwent free heart surgery at Samsung Seoul
                            Hospital, Korea, in collaboration with Samsung Medical Center, while
                            KB Bank supported post-surgery recovery with Hasan Sadikin Hospital
                            in Bandung. KB Bank's President Director, Tom Lee, emphasized that
                            children's health is the key to the nation's growth.


   November 7

                            Consistently Recording Business Growth, KB Bank Again Achieves AAA
                            Rating from PEFINDO


                            KB Bank has again maintained its idAAA rating from PEFINDO, the highest
                            rating that confirms its capacity to meet long-term financial commitments.
                            This achievement is in line with the continuous improvement of business
                            fundamentals, with significant support from KB Kookmin Bank as the
                            controlling shareholder since 2020.




   November 20




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        Financial and Operational
        Data Highlights




                                         Supporting Tripatra's Strategic Project, KB Bank Strengthens Partnership
                                         through Vendor Financing


                                         KB Bank strengthens its partnership with PT Tripatra Engineers and
                                         Constructors through a vendor financing program to provide working
                                         capital for vendors supporting strategic EPC projects. KB Bank Deputy
                                         President Director Robby Mondong, emphasized that the strategic
                                         partnership with Tripatra is a concrete manifestation of KB Bank's support
                                         for an inclusive and productive business ecosystem.




   December 18

                                         KB Bank Records Hyundai Car Pre-Order Financing of More Than IDR 2.1
                                         Trillion Throughout 2024


                                         KB Bank recorded Hyundai car pre-order financing worth IDR 2.1 trillion
                                         from January to November 2024, funding 5,164 units with a ceiling of more
                                         than IDR 779 billion for conventional and electric cars. This achievement
                                         confirms KB Bank's commitment, supported by KB Financial Group and
                                         KB Kookmin Bank, to provide innovative and sustainable financing
                                         solutions for Hyundai dealers, supporting the development of the national
                                         automotive industry and the transformation towards a green era. This step
                                         strengthens dealer operations, expands public access to quality vehicles,
                                         and is in line with the government's initiative to reduce carbon emissions,
                                         while opening up great opportunities for dealer development in 2025.

   December 12




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Annual Report   2024   33   PT Bank KB Bukopin Tbk
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        Management Report




Annual Report   2024        34   PT Bank KB Bukopin Tbk
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                       Management
                       Report

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        Management Report




REPORT OF THE BOARD COMMISSIONERS




                                 Jerry Marmen
                                 President Commissioner




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Page 37
Dear Shareholders and Stakeholders,

On this occasion, we would like to express our gratitude to God              The Indonesian economy in the fourth quarter of 2024 compared
Almighty because of His blessings, PT Bank KB Bukopin Tbk (KB                to the fourth quarter of 2023 experienced growth of 5.02 percent
Bank) can navigate 2024 pretty well despite challenges we faced.             (y-on-y). In terms of production, the Other Services Business
In running its strategic function, the Board of Commissioners had            Sector experienced the highest growth of 11.36 percent. Meanwhile,
carried out its duties to supervise and advise the Board of Directors        the Export Component of Goods and Services on the expenditure
in good faith, responsibly, and carefully for Bank goodness. The             side experienced the highest growth of 7.63 percent. However,
focus of supervision and advice by the Board of Commissioners in             the Indonesian economy in 2024 only recorded growth of 5.03
2024 included planning and implementation of the Bank's Business             percent, slowing down compared to the achievement in 2023 which
Plan (RBB), to follow-up and recommendations on decisions of                 experienced growth of 5.05 percent (c-to-c). In terms of production,
the General Meeting of Shareholders (GMS). Furthermore, allow                the highest growth occurred in the Other Services Business
me, on behalf of the entire Board of Commissioners, to convey the            Sector at 9.80 percent. Meanwhile, the highest growth in terms
main points of supervision throughout 2024 through this report.              of expenditure was achieved by the Consumption Expenditure
                                                                             Component of Non-Profit Institutions Serving Households (PK-
Macro-Economic Perspective                                                   LNPRT) at 12.48 percent.

As quoted from the 2024 Indonesian Economic Report released by               Supervisory Function and Working Relations with
Bank Indonesia, it explains that global political tensions, which            the Board of Directors
were still high in early 2024 due to the ongoing Russia-Ukraine
conflict, increased after Israel's attack on Palestine. Towards the          Throughout 2024, the Board of Commissioners had made its
end of 2024, the re-election of President Trump in the United                best efforts to ensure that the implementation of the Bank's
States (US) with the America First policy has again increased global         strategy was on the right track without neglecting compliance
uncertainty because of its potential to change the geopolitical              with applicable regulations, both legally and in existing norms.
and world economic landscape.                                                Particularly, the Board of Commissioners had improved its
                                                                             supervisory function by supervising various operational aspects
The rapidly changing dynamics of world geopolitics have                      through intensive communication with the Board of Directors,
influenced global economic developments throughout 2024, and                 especially in joint meetings and other non-formal sessions as well
are predicted to continue. Global economic growth in 2024 was                as asking for advice and recommendations from the committees
predicted to slow to 3.2% from 3.3% in 2023 and was projected                under the Board of Commissioners regarding the performance
to remain at 3.2% in 2025, and slow further to 3.1% in 2026. The             of the Board of Directors.
divergence of growth patterns between countries also continued
along with the increasing fragmentation of the global economy and            The Board of Commissioners routinely holds meetings with
trade. The US economy was predicted to remain strong in 2024 and             the Board of Directors to discuss various matters related to
2025 accompanied by the risk of economic warming originating                 the management of the Company carried out by the Board of
from the swelling fiscal deficit. Meanwhile, economic growth in              Directors in a joint meeting forum. In this forum, the Board of
China and the European Region was predicted to continue to slow              Commissioners can request an explanation from the Board of
along with weak domestic demand and the impact of trade tariff               Directors regarding the Company's performance achievements
policies implemented by the US Government. Meanwhile, the                    and various challenges faced. The Board of Commissioners also
Indonesian economy in 2024 also faced various challenges amid                always conveys its views and provides advice to the Board of
increasing global uncertainty. Based on a report from the Central            Directors regarding this matter.
Statistics Agency, the Indonesian economy in 2024, measured
by Gross Domestic Product (GDP) at current prices, reached IDR               Throughout 2024, 6 (six) meetings have been held with the Board
22,139.0 trillion and GDP per capita reached IDR78.6 million or              of Directors to discuss various matters related to the Bank's
USD4,960.3.                                                                  operational business. In these meetings, there were times when
                                                                             Bank officials related to the meeting material were involved.
                                                                             The Board of Commissioners also carries out direct supervision
                                                                             periodically to ensure the adequacy of supervision and to review
                                                                             the suitability of the work process and results with the established
                                                                             qualifications. These meetings and visits serve as a forum for the
                                                                             Board of Commissioners to monitor the Bank's performance and
                                                                             achievements throughout 2024.


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          Management Report



Board of Commissioners' Views on the Board of                                Views on Business Prospects Prepared by the
Directors' Performance                                                       Board of Directors

The Board of Commissioners understands that 2024 is a very                   As quoted from the Bank Indonesia Report entitled "Synergy to
challenging year for KB Bank; however, the Bank continues to                 Strengthen National Economic Stability and Transformation"
make efforts to achieve the targets that have been set. Based on             stated that the dynamics and direction of the global economy in
the performance in 2024, KB Bank continues to demonstrate its                2025-2026 and the next five years will have major implications for
resilience in facing existing challenges. It can be indicated from           the Indonesian economy, and therefore need to be anticipated
the achievement of several Bank growth indicators which are                  with an optimal national economic policy mix response.
relatively better compared to the Bank's Business Plan targets
in 2024. This performance is an acceleration of all Bank units               There are at least 5 (five) important aspects that need to be
harmonizing to achieve the best performance amidst global                    considered, namely:
economic uncertainty and a dynamic national business climate.                1. The importance of maintaining macroeconomic and financial
                                                                                system stability as the first and main defense in facing the
In order to accelerate normalization, KB Bank needs to                          dynamics of the global economy and finance that are changing
immediately address various strategic issues inhibiting factors                 rapidly and full of uncertainty.
in sales performance growth to reach a more optimal level.                   2. The need to continue to increase domestic growth sources,
Therefore, the Bank had formulated a comprehensive strategy                     especially consumption and investment, while continuing
that would be implemented throughout 2024 to accelerate                         to encourage exports through trade cooperation between
the increase in sales performance. This strategy was realized                   countries.
through four main agendas that focus on strengthening business               3. The need to accelerate real sector transformation policies
fundamentals, optimizing services and products, increasing digital              to increase competitiveness and productivity, both capital,
capabilities, and developing strategic networks and partnerships.               labor, and innovation as well as efficiency. Improvement of
By implementing a structured and results-oriented approach,                     the investment climate to be able to compete in attracting
KB Bank strives to ensure that every initiative taken can bring                 FDI, the ability to encourage growth in capital-intensive and
positive impacts on business growth while increasing the Bank's                 labor-intensive sectors, and increasing skills and certification
competitiveness in the increasingly dynamic banking industry.                   of the workforce profession are increasingly important.
                                                                             4. The need to increase the deepening of the financial market
On the other hand, KB Bank does not only focus on resolving                     for sources of financing for the national economy and to
strategic issues, but also strives to present innovation as the main            continue to attract foreign capital flows in the form of portfolio
driver of business transformation. In line with this, the Bank has              investment and FDI.
set a strategic agenda "Innovation for Turn Around", designed                5. The need to accelerate digitalization both in terms of the
to improve performance and optimize the implementation of                       payment system, the financial sector, and innovation in
efficiency initiatives. The Board of Commissioners assesses                     various economic and financial transactions nationally and
that the performance of the Board of Directors in 2024 is quite                 between countries. Digitalization will drive economic growth
good. The Board of Commissioners believes that the strategic                    with the increasing development of the financial services and
steps implemented by the Board of Directors have succeeded in                   intermediary sectors as well as with increasing efficiency and
improving the Bank's performance. The Board of Commissioners                    productivity of the national economy.
expresses its deepest appreciation for the commitment and hard
work of the Board of Directors in realizing this performance.                The Board of Commissioners has reviewed the Bank's 2025
                                                                             Business Plan prepared by the Board of Directors and believes
The Board of Commissioners, formally and informally, continues               that the assumptions are realistic. The targets can encourage the
to supervise and provide input to the Board of Directors in terms            Bank's business growth with the right strategic plan. The Board
of implementing the Bank's business plans and strategies. The                of Commissioners reminds us that one of the keys to achieving
Board of Commissioners is confident that the Board of Directors              this business plan is the synergy and determination of all Bank
can lead and navigate the Bank to continue growing in 2024 and               personnel to achieve the best goals and commit to continuing to
beyond. We hope that KB Bank can consistently maintain the                   implement good and sustainable Bank governance.
stability of financial ratios as a positive implication of the Bank's
performance and always increase the Bank's level of prudence
and develop innovations including increasing digitalization and
penetration in the banking market in Indonesia.




Annual Report     2024                                                  38                                             PT Bank KB Bukopin Tbk
Page 39
The Board of Commissioners also continues to support the Bank's           Governance Structure focuses on strengthening the organizational
efforts to continue developing various innovative products and            framework, Governance Process ensures that all operational
services and meeting customer needs contextually. In accordance           procedures run according to standards, while Governance
with its role, the Board of Commissioners will continue to provide        Outcome aims to achieve results that are in accordance with
motivation, direction, and input as part of efforts to encourage          good governance principles.
sustainable growth in the future. To that end, the Board of
Commissioners fully supports and will continue to provide                 To maintain consistency, KB Bank routinely evaluates the quality
encouragement so that these targets can be achieved properly.             of GCG, both through self-assessment and by involving third
                                                                          parties for more independent assessments. GCG monitoring is
Views on GCG Implementation                                               carried out in the following ways:

As a responsible financial institution, KB Bank understands               1. Monitoring the implementation of SEOJK recommendations
that a company's success is not only determined by financial                 to all related work units.
performance, but also by the implementation of transparent,               2. Conducting reminders of GCG implementation to all related
accountable, responsible, independent, and fair governance                   work units.
principles. Therefore, KB Bank integrates these principles into           3. Increasing socialization with Compliance Awareness to raise
all lines of the organization. This includes senior management               awareness to comprehend and comply to regulations.
to employees at all levels, and involves shareholders, the Board          4. On the other hand, the Board of Commissioners also plays
of Commissioners, the Board of Directors, and all employees in               a role in supervising and monitoring the implementation of
strategic decision making.                                                   an effective Whistleblowing System to prevent and detect
                                                                             Fraud. The Board of Commissioners ensures concern and
To ensure optimal GCG implementation, KB Bank implements                     anti-Fraud culture at all levels of the organization, through
three main pillars of corporate governance, namely Governance                an anti-Fraud declaration and plays an active role in efforts
Structure, Governance Process, and Governance Outcome.                       to prevent and eradicate Fraud.




Changes in the Composition of the Board of Commissioners

Throughout 2024, there were changes in the composition and number of members of the Board of Commissioners based on the Decision
of the Extraordinary General Meeting of Shareholders held on January 24, 2024, which honorably dismissed Nam Hoon Cho as Vice
President Commissioner, and appointed Seng Hyu Shin as Vice President Commissioner of the Company. In addition, based on the
Resolution of the Annual General Meeting of Shareholders held on June 28, 2024, Eugene K. Galbraith as Independent Commissioner
and Sukriansyah S. Latief, as Independent Commissioner of the Company were honorably dismissed.

Thus, the structure and composition of the active Board of Commissioners until December 31, 2024 are as follows:


                 Name                          Position                       Basis of Appointment                    Period
                                                                                                         2024-Annual GMS for Fiscal Year
 Jerry Marmen                      President Commissioner             Annual GMS on June 28, 2024
                                                                                                         2027
                                                                      Extraordinary GMS on January 24,   2024-Annual GMS for Fiscal Year
 Seng Hyup Shin                    Deputy President Commissioner
                                                                      2024                               2026
                                                                      Extraordinary GMS on August 25,    2020-Annual GMS for Fiscal Year
 Nanang Supriyatno                 Commissioner
                                                                      2020                               2024
                                                                      Extraordinary GMS on December      2020-Annual GMS for Fiscal Year
 Tippy Joesoef                     Independent Commissioner
                                                                      22, 2020                           2024
                                                                      Extraordinary GMS on August 25,    2020-Annual GMS for Fiscal Year
 Hae Wang Lee                      Independent Commissioner
                                                                      2020                               2024
                                                                      Extraordinary GMS on June 28,      2024-Annual GMS for Fiscal Year
 Stephen Liestyo                   Independent Commissioner
                                                                      2024                               2027


All members of the Board of Commissioners have adequate integrity, competence, and reputation in their respective fields and are
able to provide sufficient time in carrying out their duties, and do not have any conflict of interest nor family relationships up to the
second degree with fellow members of the Board of Commissioners and/or Directors.




Annual Report      2024                                              39                                          PT Bank KB Bukopin Tbk
Page 40
         Management Report




Closing

On this occassion, allow me to represent the entire Board of Commissioners to express our appreciation to the shareholders and
stakeholders for the trust and support given so far. Hopefully all efforts that have been made in 2024 and the challenges that await
in 2025 can be made it through together with positive and sustainable results. Our deepest appreciation and gratitude are also
addressed to all Directors, Management, and all employees for their hard work and dedication in efforts to develop the Bank to be
even better. We would also like to give our greatest appreciation to customers, business partners, and other stakeholders for their
support and trust in KB Bank.




                                                         Jakarta, 20 Maret 2025
                                                        Jakarta, March, 20 2025




                                                           Jerry Marmen
                                                       President Commissioner
                                                       PT Bank KB Bukopin Tbk.




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Page 41
Annual Report   2024   41   PT Bank KB Bukopin Tbk
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        Management Report




REPORT OF THE BOARD OF DIRECTORS




                                   Woo Yeul Lee
                                   President Director




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Page 43
Dear Shareholders and Stakeholders,                                       3.    Digital Transformation and Inclusive Finance: The acceleration
                                                                               of digitalization, especially in the banking sector, continues
Throughout 2024, all business sectors still faced challenges of                to grow with the increasing use of digital banking and
uncertainty, including the banking sector. However, PT Bank KB                 fintech services. KB Bank as part of the financial ecosystem
Bukopin Tbk (KB Bank) always strives optimally through various                 in Indonesia has also adapted by providing innovative digital
strategic policies in order to answer business challenges and                  solutions to increase financial inclusion.
achieve maximum results. This annual report is part of the
management's reporting on the Bank's strategy and performance             Macro Industry Review
throughout 2024, as well as documentation of the Company's
journey to achieve the vision and mission that have been set.             The banking industry in Indonesia in 2024 indicated significant
Furthermore, please allow us as KB Bank Management to convey              growth, driven by responsive monetary policy and improving
the Bank's management in the 2024 financial year.                         economic conditions. According to the Monetary Policy Report
                                                                          for Quarter IV 2024 from Bank Indonesia, Gross Domestic Product
Macroeconomic Analysis                                                    (GDP) growth was estimated to reach 5.31% in the fourth quarter of
                                                                          2024, up from 5.04% in the previous year. This reflects increasing
In recent years, geopolitical tensions have increased, which have         optimism among market players and consumers, which contributes
had a significant impact on global economic stability. Global             to increased demand for credit in the banking sector.
geopolitical tensions that occurred throughout 2024 also affected
Indonesia's economic conditions. Several main factors that impact         One important indicator of the banking industry health is the
the national economy include:                                             Non-Performing Loan (NPL) ratio. Data indicates that the NPL ratio
1. Global War and Tensions: The protracted conflict between               is at 2.5%, indicating stability in the banking assets quality. Bank
    Russia and Ukraine and tensions in the Middle East have               Indonesia recorded that despite global challenges, the banking
    caused instability in energy and food prices. As a country            industry was still able to maintain the NPL ratio below the set
    that still relies on imports of oil and some food ingredients,        threshold of 5%. This condition shows that banks in Indonesia
    Indonesia faces pressure on commodity prices, which                   have implemented good risk management in facing economic
    contribute to domestic inflation.                                     uncertainty.
2. China's Economic Slowdown: As one of Indonesia's largest
    trading partners, China's economic slowdown could impact              In terms of liquidity, total third party funds (TPF) experienced
    Indonesia's main commodity exports, such as coal and palm             positive growth, reaching IDR 6,500 trillion by the end of 2024.
    oil. The decline in demand from China has the potential to            This growth was driven by increased public trust in the banking
    reduce Indonesia's export revenues and affect the mining              system, as well as product innovations offered by banks. Bank
    and plantation sectors.                                               Indonesia reported that the average deposit interest rate was
                                                                          in the range of 4.5%, which attracted more customers to place
Amid global geopolitical challenges, the Indonesian economy               their funds in banks.
also faces various domestic dynamics, such as:
1. Inflation and Interest Rate Stability: Bank Indonesia (BI)             Credit distributed by banks also showed a positive trend, with
    continues to maintain a balance between inflation stability           total credit distribution reaching IDR 5,800 trillion. The sectors that
    and economic growth with a prudent monetary policy. BI's              received the most credit were the trade and manufacturing sectors,
    benchmark interest rate adjustments are made to respond               which absorbed 30% and 25% of the total credit, respectively. It is
    to global inflation and maintain the stability of the rupiah          in line with the government's efforts to encourage the growth of
    exchange rate against the US dollar.                                  the real sector through various incentives and stimulus programs.
2. Investment and Industrial Downstreaming: The government
    continues to encourage investment in the downstream sector,           On the other hand, the growth of the digital economy has also a
    especially in the mining and manufacturing industries. This           positive impact on the banking industry. The volume of electronic
    policy aims to increase the added value of exports and reduce         money and digital banking transactions has increased rapidly,
    dependence on raw material exports. However, regulatory               with the value of digital banking transactions reaching IDR1,200
    challenges and legal certainty remain a concern for foreign           trillion in 2024. Bank Indonesia noted that this growth was driven
    investors.                                                            by the increasingly widespread adoption of technology among
                                                                          the public, as well as the improvement of digital infrastructure
                                                                          that supports financial transactions.




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          Management Report



However, challenges remain, especially related to global                   On the other hand, KB Bank also implements various other
uncertainty that can affect capital flows and investment. The              strategic policies, including:
global uncertainty index shows significant fluctuations, with the          1. Diversification Strategy
US dollar exchange rate against the rupiah fluctuating in the range            Based on the results of measurements and the current
of IDR 14,500 to IDR 15,000. Bank Indonesia continues to monitor               economic situation, KB Bank has established a measurable
these developments and is ready to take the necessary steps to                 diversification strategy by strengthening financing in key
maintain economic stability.                                                   segments that have proven to be resilient amidst global
                                                                               economic pressures, including:
In order to support the banking industry growth, Bank Indonesia                a. Corporate Banking: The Corporate Banking segment
also implements an accommodative monetary policy. The current                      remains a key pillar for KB Bank in its business expansion
policy interest rate is at 5.75%, aiming to encourage credit and                   strategy, given its significant contribution to portfolio
investment growth. This policy is expected to provide the stimulus                 growth and profitability. However, amidst global economic
needed to maintain the momentum of economic growth amidst                          uncertainty and the dynamics of the ever-evolving industry,
existing challenges.                                                               KB Bank is implementing a more selective and cautious
                                                                                   approach in determining the business sectors to be
Overall, the national banking industry in 2024 showed solid                        financed. The main focus of financing is directed at sectors
performance with optimistic prospects. With the support of                         with strong economic fundamentals, sustainable growth
appropriate policies and adaptation to market changes, it is                       prospects, and measurable risks, such as infrastructure,
expected that the banking industry can continue to contribute                      health, renewable energy and other supporting industries.
to Indonesia's economic growth.                                                    Currently, KB Bank is starting to reduce the portion of
                                                                                   financing in the coal commodity sector and export-based
The Role of the Board of Directors in Implementing                                 manufacturing due to fluctuating supply and demand due
the Bank's Strategic Policies                                                      to price volatility. The selection of this sector is based on a
                                                                                   comprehensive analysis of industry resilience, government
In carrying out its role as the Bank's management, the Board                       policies, and macroeconomic trends that can affect the
of Directors and its staff continue to run business mitigation in                  stability and sustainability of customer businesses.
order to face the uncertainty of the business climate conditions               b. Pension Loan: KB Bank is also known as a credible pension
throughout 2024. KB Bank understands that in facing this dynamic,                  loan distribution partner bank and has quite a lot of
a responsive, adaptive, and strategic approach is required to                      customers, which has a positive impact on the bank's
remain competitive and continue to provide value to stakeholders.                  income which will reach IDR 12 trillion in 2023. The bank
To that end, KB Bank is taking strategic steps to mitigate this in                 has succeeded in expanding channeling cooperation with
order to ensure the continuity of the bank's business, including:                  various pension institutions and government agencies,
1. Adequate risk management: by strengthening the                                  strengthening trust, and expanding the reach of services
    organizational structure of the risk management work                           for pension customers
    unit, deepening the analysis of macroeconomic volatility,                  c. Mortgage: The mortgage business has very promising
    strengthening stress testing, and optimizing supervision of                    prospects, supported by the increasing need for housing
    liquidity and capital management so that it remains strong in                  and the growth of the middle class in Indonesia. Along
    various economic scenarios. The focus on maintaining liquidity                 with government policies that encourage home ownership
    is also carried out by adjusting credit and funding pricing                    through various incentives, such as competitive interest
    strategies to remain competitive amidst changes in monetary                    rates and housing subsidy programs, the demand for
    policy, so that it can still support healthy and sustainable                   home ownership loans (KPR) is projected to continue to
    business growth.                                                               increase. In addition, the development of infrastructure
2. Digital Transformation: KB Bank accelerates the digitalization                  in various regions and the expansion of urban areas
    of banking services through the development of Project                         create new opportunities for the property sector, which
    SHINE, namely a transformation to support the system and                       ultimately strengthens the potential of the mortgage
    readiness of information technology infrastructure to improve                  business. Seeing this phenomenon, KB Bank continues
    capabilities in the bank's business which has an impact on                     to expand in this business, one of which is by presenting
    increasing customer satisfaction. On the operational side,                     20 Mortgage Centers in Indonesia to expand the market.
    automation and process optimization are operated to increase               d. SME: The SME business at KB Bank continues to indicate
    operational efficiency and flexibility in responding to market                 positive growth, driven by a commitment to supporting
    changes.                                                                       small and medium enterprises as one of the main pillars
                                                                                   of the Indonesian economy. With a strategy focused on
                                                                                   upper-size SMEs, KB Bank presents appropriate financing
                                                                                   solutions, including flexible credit schemes, competitive
                                                                                   interest rates, and will develop digital-based services that




Annual Report    2024                                                 44                                               PT Bank KB Bukopin Tbk
Page 45
       facilitate access to capital for customers. In addition, KB          1. Credit Distribution
       Bank also strengthens synergies with various business                   Challenges: Economic slowdown can result in decreased
       ecosystems, including supply chain financing, to support                demand for credit, increased risk of bad debt, and customer
       cash flow and business sustainability of SME customers.                 selectivity in taking loans. In addition, tighter monetary policy
2. Pricing Strategy                                                            also has the potential to increase credit costs.
   KB Bank implements an adaptive and measurable Asset &                       Solutions:
   Liability Management (ALMA) strategy. This strategy aims to                 a. KB Bank implements a selective credit expansion strategy
   maintain a balance between profitability, liquidity, and risk                   with a focus on sectors that have strong and resilient
   in managing the bank's assets and liabilities:                                  economic fundamentals, such as infrastructure, health,
   a. Competitive & Risk-Based Interest Rate Adjustments                           renewable energy, and SMEs.
   b. Optimizing Cost of Fund (CoF) to Maintain Profitability                  b. In addition, the bank strengthens risk mitigation through
3. Optimizing Digital Banking                                                      stricter credit analysis and more flexible financing product
   KB Bank introduced the KB Star digital banking product in                       innovation to attract potential customers.
   September 2023. This application is designed to meet the                    c. KB Bank also adjusts credit pricing to be more conservative
   needs of customers' digital banking services with various                       but still profitable for the bank.
   superior features and is prepared to compete with competitor                d. Developing a scoring model to improve the accuracy of
   super app applications.                                                         credit risk assessments.
                                                                            2. Third Party Funds (TPF) Collection
Challenges and Solutions to Overcome Obstacles                                 Challenges: Competition in fund collection is getting tighter,
                                                                               especially with the increasing interest rates that encourage
Throughout 2024, the global business climate will still face                   customers to look for more profitable investment instruments
significant challenges due to geopolitical uncertainty, economic               compared to conventional banking deposits.
slowdown, and changes in monetary policy in various countries.                 Solutions:
Prolonged geopolitical conflicts, such as tensions in the Middle               a. KB Bank strengthens its fund collection strategy by
East and Eastern Europe, have an impact on the stability of                        increasing the portion of low-cost funds (CASA) through
financial markets, commodity prices, and global supply chains.                     digitalization of banking services, optimization of
In addition, high interest rate policies implemented by central                    competitive savings and current account products, and
banks in various countries in response to inflation also affect                    synergy with the business ecosystem to increase customer
liquidity and overall economic growth.                                             loyalty.
                                                                               b. KB Bank also adjusts the pricing of fund products to
In Indonesia, although economic growth remains positive, external                  remain stable and profitable.
pressures remain a factor to be concerned. Weakening global                    c. KB Bank also improves digital banking services and
demand can impact exports, while exchange rate uncertainty can                     customer loyalty programs Maintaining a balance of
affect import costs and domestic inflation. The financial sector                   liquidity and profitability with more dynamic supervision
also faces challenges due to tight competition in raising funds,                   of the Asset Liability Committee (ALCO)
adjustments to credit interest rates, and changes in customer                  d. Strengthening integration and partnerships with fintech
preferences for financial products.                                                and other digital ecosystems.

In this condition, the business world needs to adopt a more                 Performance in 2024 and Comparison to Targets
adaptive and prudent strategy to maintain business stability.
Diversification of revenue sources, optimization of operational             Throughout 2024, the Bank adjusted the Bank's targets 2 (two)
efficiency, and utilization of technology and digitalization are            times, namely the initial target prepared in November 2023 which
key factors in facing increasingly complex economic challenges.             then did the first revision in February 2024. Then, the second
                                                                            revision was prepared in June 2024. This target revision was based
Amidst economic uncertainty and global geopolitical dynamics,               on several considerations, including changes in macroeconomic
KB Bank faces several major challenges that affect business                 conditions as an impact of global economic conditions and
performance, especially in terms of credit, Third Party Funds (TPF),        government policies, as well as several concerns from regulators. In
and Fee-Based Income, with the following description:                       2024, the Bank planned to obtain several substantial components
                                                                            as a benchmark in assessing the Company's performance. The
                                                                            comparison between the plan and the realization is as follows:




Annual Report     2024                                                 45                                             PT Bank KB Bukopin Tbk
Page 46
          Management Report



Total Assets                                                                       b. Synergy with Supply Chain Finance: By strengthening
As of December 31, 2024, the Bank's KB Assets were recorded                            Supply Chain Finance services, KB Bank can increase
at 83.08 trillion or 93.78% of the target of Rp88.58 trillion. This                    involvement in the business ecosystem of large companies
achievement decreased by 1.46% compared to 2023, which                                 by providing more efficient financing solutions for their
amounted to Rp84.31 trillion. The equity amounted to Rp7.96                            suppliers and distributors.
trillion or 64.19% of the target of Rp12.40 trillion. This achievement        2.   Strengthening the SME Upper Size Segment
fell 43.57% compared to equity in 2023 which reached Rp14.11                       The SME Upper Size segment is one of the areas with high
trillion. Furthermore, KB Bank's total loans as of December 31, 2024               growth potential along with the development of the medium-
amounted to Rp47.53 trillion or 94.34% of the target of Rp50.38                    sized business sector which increasingly requires access to
trillion. This achievement decreased by 3.83% compared to 2023                     more complex financing and banking services.
which reached Rp49.42 trillion. Meanwhile, total customer deposits            3.   Sustainable Growth in the Mortgage Segment
in the reporting year amounted to Rp46.59 trillion, up 4.03%                       The Mortgage market in Indonesia still has great potential,
compared to 2023 which reached Rp44.79 trillion.                                   especially with the increasing need for home ownership for the
                                                                                   community. KB Bank will implement the following strategies:
Interest and Sharia Income                                                         a. Competitive Financing Scheme: KB Bank will present
As of December 31, 2024, total interest and sharia income was                          mortgage products with more flexible interest schemes
recorded at Rp5.45 trillion, an increase of Rp592 billion or 12.19%                    and attractive promotional programs to attract more
compared to 2023 which reached Rp4.86 trillion. Meanwhile, total                       customers.
interest and sharia expenses were recorded at Rp4.30 trillion, an                  b. Ease of Access through Digitalization: By utilizing digital
increase of Rp249 billion or 6.13% compared to the previous year of                    technology, KB Bank will increase the ease of applying
Rp4.05 trillion. This had an impact on the increase in net interest                    for home loans, both through mobile banking and
and sharia income from Rp808.88 billion in 2023 to Rp1.15 trillion                     collaboration with digital property platforms.
in 2024 or an increase of 42.51%. The increase was influenced by                   c. Expansion to Potential Markets: The focus of expansion
an increase in interest income on loans of Rp456 billion and an                        will be directed at areas with high property sector growth,
increase in interest income on securities of Rp195 billion.                            including developing cities and industrial areas.
                                                                              4.   Optimization of Pension Credit
Net Profit (Loss) for the Current Year                                             The pension credit segment remains one of the stable business
In 2024, KB Bank recorded a net loss for the year of Rp6.33 trillion,              lines with more controlled risks. To increase penetration in this
this amount increased by Rp272.92 billion or 4.51% from the                        segment, KB Bank will intensify the reach of services through
previous year which recorded a loss of Rp6.06 trillion. The main                   Channeling. KB Bank will expand the scope of pension services
cause of the increase in net loss for the year was because the                     by reaching more ASN, BUMN retirees, and institutions that
bank made an assessment of fiscal losses for the next 5 (years)                    have fixed pension schemes.
that were not realized using the assumption of RBB data for the               5.   Strengthening Supply Chain Finance as a Driver of Business
2024-2029 period.                                                                  Growth
                                                                                   KB Bank sees Supply Chain Finance as one of the great
Overview of Business Prospects                                                     opportunities to increase financing volume with more
                                                                                   measurable risks. The focus of its development includes:
Entering 2025, KB Bank is optimistic about the prospects of                        a. Expansion of Partnerships with Corporations and adding
the banking industry which is increasingly open along with the                         anchor companies: KB Bank will expand its corporate
national economy recovery, increased investment, and digital                           partner network to reach more suppliers and distributors
transformation acceleration in various sectors. Even though                            who need working capital financing support.
there are still challenges from global economic dynamics                           b. Product Diversification: KB Bank will develop various
and geopolitical uncertainty, Indonesia's strong economic                              financing schemes including invoice financing to increase
fundamentals and various strategic government policies in                              flexibility for business actors.
supporting the growth of the real sector are opportunities for                6.   Accelerating Digital Banking as a Pillar of Transformation
KB Bank to continue to expand and develop its business portfolio.                  Digitalization will continue to be one of KB Bank's main
                                                                                   priorities in strengthening competitiveness and increasing
In order to take advantage of this opportunity, KB Bank will                       financial inclusion. Digitalization is implemented through
implement a sustainable growth strategy with a focus on several                    Project SHINE, a major transformation initiative that covers
main business segments including:                                                  various aspects of the banking system, with the aim of
1. Corporate Banking will be one of the main pillars of KB                         improving operational efficiency, security, and customer
    Bank's growth in 2025. The focus of developing this segment                    experience. One of the focuses of SHINE is Core Banking
    is directed at:                                                                System Modernization, which is replacing the old core banking
    a. Financing in Strategic Sectors: KB Bank will strengthen its
        role in financing infrastructure projects, renewable energy,
        health, and export-based industries that have strong
        fundamentals and positive growth prospects.




Annual Report     2024                                                   46                                              PT Bank KB Bukopin Tbk
Page 47
   system with a new system that is more flexible, fast, and                 4. Implementation of the Governance process, namely meetings
   efficient in handling banking transactions.                                  of the Board of Commissioners, Board of Directors and/or
                                                                                Committees under the Board of Commissioners held routinely
   To achieve this, KB Bank has set a strategic step called MOVE,               in accordance with applicable regulations
   where in each strategic step there is an initiative to achieve            5. Strategic decision making by consensus and prioritizing the
   business targets according to business prospects in 2025.                    interests of the Bank.
   MOVE's strategic steps consist of:                                        6. No conflict of interest that could harm the Bank.
   a. Maximize Growth: Increase Net Interest Margin (NIM) by                 7. The implementation of the Compliance, Risk Management,
       expanding the quality loan portfolio, cost of funds (COF)                Internal Audit, and External Audit functions is running well.
       efficiency, and developing fee-based businesses. In this              8. Implementation of transparency in accordance with the
       strategic step there are 3 initiatives, namely:                          provisions of both published financial reports, as well as
       i) Strengthening core competencies in the wholesale                      product and service information supported by an adequate
            segment                                                             IT system.
       ii) Developing SME and Retail business capabilities                   9. Revamping policies/creating Internal Policies to accommodate
       iii) Activating Fee-Based Revenue through Cross-Sell &                   changes in external regulations, changes in the Bank's
            Specialist Support from Head Office                                 organizational structure and strategic policies, and updating
   b. On the Market: Strengthening brand image and customer                     policies.
       loyalty through digital service innovation, personalization,
       and effective communication. In this strategic step, there            In addition, management also makes efforts to improve the
       are 3 initiatives, such as:                                           implementation of governance for all employees by:
       i) Optimizing Troubled Asset Recovery                                 1. Human Capital Morning Quiz.
       ii) Improving Branch Models to Align with Business                    2. AML Awareness.
            Potential and Technology Trends                                  3. Security Awareness.
       iii) “Customer First” Mindset – Realizing Customer-                   4. Monitoring updates to Policies and Procedures.
            Centered Services.                                               5. Training and certification for all levels of employees.
   c. Versatile Talent: Developing employee skills through
       adaptive training and building a productive and innovative            Assessment of Committees under the Board of
       work culture. In this strategic step, there are 3 initiatives,        Directors
       namely:
       i) Preparing Human Capital for Digitalization and Aligning            To ensure smooth operations and compliance with applicable
            with Business Focus                                              regulations, KB Bank has 4 (four) committees under the Board of
       ii) Developing HR into Top Talent                                     Directors that have crucial roles in supporting various policies and
       iii) Risk and Compliance Culture.                                     strategies of the Company. These committees were established in
   d. Empowered Biz through Digital & IT: Encouraging digital                accordance with the provisions stipulated by the OJK, including
       transformation with the SHINE platform and KBStar                     the Risk Management Committee, Credit Committee, Assets
       application to increase efficiency and meet customer needs.           and Liabilities Committee (ALCO), and Information Technology
       In this strategic step, there are 2 initiatives as follows:           System Steering Committee. The Board of Directors assesses
       i) Implementation of NGBS with Proactive Support from                 that the committees formed have carried out their duties and
            All Employees                                                    responsibilities effectively throughout 2024. This evaluation
       ii) Maximizing IT & Digital Capabilities to Create a "KB              includes an assessment of the performance of the committees
            Ecosystem"                                                       in achieving their goals, as well as the effectiveness of the work
                                                                             process and its contribution to the overall performance of the
Consistent implementation of this strategy will support the                  company. Thus, the existence of these committees is expected
strengthening of KB Bank's position in the Indonesian banking                to improve overall corporate governance and support the
industry.                                                                    achievement of strategic business goals.

Development of Corporate Governance                                          Changes in the Composition of the Board of
Implementation                                                               Directors

Throughout 2024, the management has applied the implementation               In 2024, there were changes in the structure and composition of the
of governance, including:                                                    Board of Directors based on the Resolution of the Extraordinary
1. Completeness and competence of the governance structure,                  General Meeting of Shareholders held on January 24, 2024,
    namely the Board of Commissioners, Board of Directors,                   which honorably dismissed Seng Hyup Shin as Director of the
    Committees, Policies and Procedures, Work Units.                         Company, and appointed Jang Hyuk Im as Director of the Company.
2. Revamping the Company's Articles of Association to adjust to              In addition, the Resolution of the Annual General Meeting of
    the enactment of OJK Regulation Number 17 of 2023                        Shareholders held on June 28, 2024, which honorably dismissed
3. Formation of High Policies on Governance referring to OJK                 Young Eun Moon as Director of the Company and Yohanes Suhardi
    Regulation Number 17 of 2023 concerning the Implementation               as Director of the Company.
    of Governance for Commercial Banks.

Annual Report    2024                                                   47                                             PT Bank KB Bukopin Tbk
Page 48
          Management Report




The structure and composition of the Board of Directors in effect on December 31, 2024 can be seen as follows.


           Name                         Position              Basis of Appointment                                   Period
 Woo Yeul Lee                President Director           Annual GMS on May 25, 2022           2022-GMS in 2025
 Robby Mondong               Vice President Director      Annual GMS on June 28, 2024          2024-GMS in 2027
                                                          Extraordinary GMS on August
 Helmi Fahrudin              Director                                                          2020-GMS in 2025
                                                          25, 2020
                                                          Extraordinary GMS on
 Dodi Widjajanto             Director                                                          2021-GMS in 2025
                                                          November 19, 2021
 Henry Sawali                Director                     Annual GMS on June 28, 2024          2024-GMS in 2027
                                                          Extraordinary GMS on January
 Jung Ho Han                 Director                                                          2023-GMS in 2026
                                                          31, 2023
                                                          Extraordinary GMS on January
 Jang Hyuk Im                Director                                                          2024-GMS in 2026
                                                          24, 2024


Bank Organizational Structure in 2024
                                                                                  to sugarcane farmers. This product is intended for sugarcane
To strengthen competitiveness and improve operational                             farmers to ensure easy and affordable financing to increase
effectiveness, KB Bank made two adjustments to its organizational                 agricultural productivity. With a flexible financing scheme
structure during 2024. These adjustments were made to respond to                  and support from the sugar industry ecosystem, KB Bank
the dynamics of the banking industry, regulatory changes, and the                 contributes to strengthening national food security.
acceleration of digital transformation that continues to develop.
The first adjustment took place in February 2024 in accordance               2.    KB Star
with Decree No. 007 of 2024 and was added in March 2024 in                        To enhance the digital banking experience, KB Bank introduces
accordance with Decree No. 041 of 2024. The second adjustment                     KB Star, a digital banking platform that offers various financial
took place in September 2024 in accordance with Decree No.                        services in one application. With innovative features such
101 of 2024. The adjustments to the organizational structure are                  as personal financial management, investment, and cross-
aimed at the following.                                                           platform transactions, KB Star is designed to provide
1. Acceleration of the retail credit process, especially optimization             convenience and efficiency for retail and business customers.
    of mortgage business growth.
2. Acceleration of the adoption of new technology through the                3. Supply Chain Financing
    SHINE Project/NGBS and improving IT capabilities.                           a. KB Bank strengthens its support for the corporate and
3. Improve collection performance through coordination with                        SME sectors by expanding its Supply Chain Financing
    the Special Purpose Company (SPC)                                              services. This product is designed to improve working
4. Optimization of credit risk management and improving                            capital efficiency for companies by providing transaction-
    asset quality and improving the Early Warning System (EWS)                     based financing to suppliers and distributors. With this
    function.                                                                      solution, KB Bank helps improve the competitiveness of
5. Establishment of Personal Data Protection and IT Risk                           customers' businesses and accelerate cash flow in the
    Management to maintain the confidentiality of customer                         industrial supply chain.
    data. It is also a form of KB Bank's compliance with regulations
    from regulators regarding customer data protection.                           In addition, in the Dealer Financing scheme, KB Bank has
                                                                                  collaborated with Hyundai Motor Indonesia. Through this
Main Bank Activities in 2024                                                      collaboration, KB Bank provides financing facilities for vehicle
Throughout 2024, KB Bank continues to strengthen its position                     orders to official Hyundai dealers, as has been done with the
as a strategic financial partner with a focus on sustainable and                  Palembang branch. This step aims to ensure the availability
innovative business growth. KB Bank's main activities include                     of vehicle stock and support sales growth in the Hyundai
expanding financing in potential sectors, improving digital                       dealer network.
services, and developing products tailored to market needs.
                                                                                  KB Bank applies an Anchor Company-based approach, where
As part of its commitment to supporting national economic growth,                 financing is provided to the main company (anchor) along with
KB Bank has launched and developed several main products,                         its business ecosystem, including suppliers and distributors.
as follows:                                                                       This strategy allows KB Bank to build synergies in a strong
1. Sugarcane KUR                                                                  business ecosystem, optimize credit risk, and expand service
    KB Bank has established a strategic partnership with PT                       penetration to the corporate and SME segments in a more
    Pabrik Gula Rajawali II (PG Rajawali II) and PT Mata Langit                   measurable manner.
    Solusindo (MATA) to distribute People's Business Credit (KUR)

Annual Report      2024                                                 48                                              PT Bank KB Bukopin Tbk
Page 49
4. Customer Fund Account (RDN)                                             2. Future IT Strategic Policy.
   In supporting the development of the capital market in                     The strategy for information technology development carried
   Indonesia, KB Bank introduced the Customer Fund Account                    out by KB Bank in the future is:
   (RDN) service as part of the investment ecosystem in                       a. Implementation and operation of the SHINE system.
   collaboration with KB Valbury Securities. This product makes               b. Stabilizing the SHINE system.
   it easier for investors to conduct securities transactions with            c. Strengthening the system's operational capabilities
   faster, safer, and more transparent access, while supporting                   by prioritizing regular training, employee education
   the growth of financial inclusion in the capital market sector.                programs, and to maximize efficiency and performance.
                                                                              d. Automation in system operations to increase productivity.
5. Mortgage                                                                   e. Accelerating business innovation by utilizing all
   To meet the increasing need for home ownership, KB Bank                        technological capabilities that have been developed.
   strengthens its Mortgage product with a more competitive                   f. Increasing collaboration with third-party partners through
   and flexible financing scheme. Various innovations in home                     open systems.
   ownership credit (KPR) features, such as more competitive                  g. Building an ecosystem to facilitate collaboration with
   interest rates and a faster approval process through                           various stakeholders.
   digitalization, make it easier for people to own their dream
   home.                                                                   Types of Products and Services Offered

Information Technology Support                                             In accordance with the Company's Articles of Association No. 177
                                                                           dated June 28, 2024, Article 3 paragraph 1, the Bank is engaged
The banking information technology system currently owned by               in the banking services industry. The focus of banking services
KB Bank is required to meet the needs of rapid bank business               offered by the Bank is divided into three (3) segments, namely
development; hence, a transformation initiative is needed to               the Retail segment, the MSME segment, and the Wholesale
develop Core Banking, Digital, Accounting, Information Systems             segment. The Bank's Retail and MSME segments are supported
and new Infrastructure. Following up on this, KB Bank has                  by the Wholesale segment as a balance. All of these segments
established several strategic policies so that the bank has the            are supported by International Banking, Treasury, and fee-based
ability to meet the needs of rapid business development, namely:           services. Each of these businesses consists of credit distribution
                                                                           activities, fundraising, increasing fee-based income. and other
1. IT Strategic Policy 2024                                                service activities, all of which are carried out in accordance with
   The strategy for information technology development carried             existing values. The Bank's business is supported by competent
   out by KB Bank for 2024 is:                                             Human Resources (HR), the latest information technology and
   a. Focus on the development and completion of the SHINE                 reliable risk, and compliance management.
       Project.
   b. Apart from matters related to the SHINE Project,                     Interest Rate for Fund Collection and Provision
       development cannot be carried out yet. This is because
       almost the entire information system will be rejuvenated            In accordance with applicable provisions and regulations, the
       in the SHINE Project. However, this does not apply to               Bank publishes the Basic Credit Interest Rate (SBDK) which is an
       projects with the regulatory category, follow-up to external        indicator of the credit interest amount that will be charged to
       audit findings and development categorized as strategic             customers. The interest rate for collecting and providing funds for
       development.                                                        Rupiah currency in 2024 and its comparison with 2023 is as follows:


                                                      Rupiah Basic Credit Interest Rate Based on Segment
     Description                                                                                      Home Ownership         Non Home
                           Corporate Credit           Retail Credit              Micro Credit
                                                                                                          Credit           Ownership Credit
 2024
 December                       8.52%                    8.59%                      11.20%                  9.29%                9.74%
 2023
 December                        9.17%                   9.31%                      9.31%                   9.31%                9.31%



Network and Business Partners
In 2024, there were 6 Relocations of Assistant Branch Offices that will change to: KCP Soe Kupang, KCP Cilegon, KCP Trenggalek, KCP
Purwokerto Sudirman, Surabaya Bratang Binangun, and KCP Tasikmalaya Sutisna Senjaya. KB Bank also carried out 2 Closures, namely:
KCP Samsat Graha Kepri Batam and KCP Esa Unggul University.




Annual Report      2024                                               49                                            PT Bank KB Bukopin Tbk
Page 50
          Management Report



In addition, the Bank also opened a new Functional Office in Radio         Important Things Expected to Happen in the Future
Dalam, South Jakarta, and opened 11 new ATM units, including: ATM
KPO Banking Hall, ATM KPO Basement, ATM KCP S Parman, ATM KCP              The Bank's business development related to the economy
Sentraya, ATM KCU Mataram, ATM KCU Solo, ATM KCU Yogyakarta,               dynamics depends on the future dynamics occuring in the current
ATM KCU Surabaya, ATM KCU Lampung, ATM KCP SAHARJO, ATM                    year. In material terms, the Bank has not been able to convey
KCP West Bekasi, ATM KCP Cikarang, ATM KCP Kelapa Gading, ATM              important things that are expected to occur in the future.
KCP Gunung Sahari, ATM KCU Bogor, ATM KCU Bandung, ATM KCP
Kebon Jeruk, ATM KCU Malang, ATM KCP BSD CITY and 1 relocation             Bank Human Resource Development
unit of ATM KC Tanjung Pinang.
                                                                           KB Bank's Human Capital continuously carries out initiatives and
Ownership of Directors, Board of Commissioners,                            programs needed by employees, especially in supporting better
and Shareholders in the Bank Business Group                                business continuity and digital transformation. The focus of the
                                                                           programs being run are as follows:
KB Bank (the Company) is not part of the Bank Business Group               1. Competency development program that includes soft skills
(KUB) as regulated in OJK Regulation No.12/POJK.03/2020 therefore              and hard skills.
there is no policy regarding share ownership of the bank business          2. This development aims to improve employee skills, knowledge,
group. The policy related to the ownership of the Company's                    and behavior so that they can carry out their duties and
shares by the Board of Commissioners and Directors is regulated                responsibilities in accordance with minimum requirement
through the Decree of the Board of Directors No. 0056 of 2022. The             standards and increase employee productivity.
related description can be seen in the Company Profile chapter             3. For example: provision of NGBS training, retail academy, credit
under the sub-title "Purchase/Sale of Shares of the Board of                   culture, negotiation skills, etc.
Commissioners and Directors".                                              4. Leadership development program for employees and leaders
                                                                               which is the Human Capital focus area and is intended to train
Important Changes Occurring in the Bank and the                                and develop employees so that they can create competent
Bank's Business Group in the Current Year                                      and adaptive leaders.
                                                                           5. Creating a talent pool to identify, develop, and manage
On October 23, 2024, PT Bank KB Bukopin Tbk has completed the                  employees who have high potential so that they can form
pricing of its first Senior Unsecured Notes ("global bonds") worth             employee career paths. So far, Human Capital has carried out
300 million USD with a coupon of 5.658%, a three-year tenor and                internal promotions based on identification in the talent pool.
will mature on October 30, 2027. The issuance of the global bonds          6. Implementing a Performance Improvement Program (a
was on October 30, 2024. This issuance, which was oversubscribed               coaching mentoring program) especially for employees with
up to 4.5 times, aims to diversify long-term funding and reduce                business functions.
dependence on short-term foreign loans. After carrying out a               7. Launching an Anti-Fraud Campaign to prevent the risk of fraud
non-deal roadshow on October 16-18, 2024, KB Bank received a                   and abuse of authority in the work environment.
positive response from global investors. The bonds are listed on           8. Ensuring that new employees are the best talents and the
the Singapore Stock Exchange (SGX-ST) with the support of joint                hiring process is conducted more efficiently.
lead arrangers Crédit Agricole, HSBC, KB Securities Hong Kong,             9. Designing and implementing compensation and benefits
and Morgan Stanley. KB Bank, a subsidiary of KB Kookmin Bank                   according to employee performance (performance based)
(South Korea), achieved a BBB credit rating from Fitch Ratings, the            to increase employee engagement.
highest for an Indonesian issuer. This issuance is an important            10. Maximizing and improving employee services through digital
step for KB Bank in strengthening its position in the international            (ESS) so that the service process is faster.
capital market.                                                            11. Carrying out KYE through employee diplomas, sliks and THPs.
                                                                           12. Carrying out campaigns and implementing employee
                                                                               discipline and monitoring employee tardiness to improve
                                                                               work discipline.




Annual Report    2024                                                 50                                            PT Bank KB Bukopin Tbk
Page 51
Appreciation

For the performance achievements in 2024, allow me, on behalf of the Board of Directors of KB Bank to express my respect and
gratitude to the Board of Commissioners and Shareholders, stakeholders, as well as the management and employees, for all the
cooperation that has been well established. Hopefully KB Bank can continue to develop and grow to realize its vision, which will
ultimately contribute, build capacity, capability and innovate to become one of the leaders in Indonesia.



                                                       Jakarta, 20 Maret 2025
                                                      Jakarta, March, 20 2025




                                                         Woo Yeul Lee
                                                        President Director
                                                     PT Bank KB Bukopin Tbk.




Annual Report   2024                                           51                                       PT Bank KB Bukopin Tbk
Page 52
         Management Report




                       ANNUAL REPORT ACCOUNTABILITY
 Statement Letter of Members of the Board of Commissioners and Board of Directors Regarding Responsibility for the Correctness
                     of the Contents of the Annual Report of PT Bank KB Bukopin Tbk for Financial Year 2024

  We, the undersigned, declare that all information in the Annual Report of PT Bank KB Bukopin Tbk (the “Company”) for the year
 2024 has been presented in its entirety and we are fully responsible for the correctness of the contents of the Company’s Annual
                                   Report. This statement is true to the best of our knowledge.




                                                       Jakarta, April 21st, 2025

                                           BOARD OF COMMISSIONERS




                                                           Jerry Marmen
                                                  President Commissioners




            Seng Hyup Shin                              Nanang Supriyatno                                  Tippy Joesoef
 Deputy President Commissioner                          Commissioners                               Independent Commissioner




                                Stephen Liestyo                                           Hae Wang Lee
                        Independent Commissioner                                   Independent Commissioner




Annual Report   2024                                             52                                           PT Bank KB Bukopin Tbk
Page 53
                           ANNUAL REPORT ACCOUNTABILITY
 Statement Letter of Members of the Board of Commissioners and Board of Directors Regarding Responsibility for the Correctness
                     of the Contents of the Annual Report of PT Bank KB Bukopin Tbk for Financial Year 2024

  We, the undersigned, declare that all information in the Annual Report of PT Bank KB Bukopin Tbk (the “Company”) for the year
 2024 has been presented in its entirety and we are fully responsible for the correctness of the contents of the Company’s Annual
                                   Report. This statement is true to the best of our knowledge.




                                                       Jakarta, April 21st, 2025

                                                BOARD OF DIRECTORS




                                                           Woo Yeul Lee
                                                      President Director




            Robby Mondong                                 Helmi Fahrudin                                Henry Sawali
      Vice President Director                                Director                                     Director




            Dodi Widjajanto                                 Jung Ho Han                                 Jang Hyuk Im
                Director                                     Director                                     Director




Annual Report    2024                                            53                                       PT Bank KB Bukopin Tbk
Page 54
        Company Profile




Annual Report   2024      54   PT Bank KB Bukopin Tbk
Page 55
                            Company
                            Profile

Annual Report   2024   55             PT Bank KB Bukopin Tbk
Page 56
        Company Profile




BANK IDENTITY




                Company Name
                PT Bank KB Bukopin Tbk
                Call Name                                  Line of Business
                KB Bank                                    Banking Service
                Type/Company Legal Entity                  Date of Incorporation
                Public Listed Company                      10 July 1970


                Legal basis of Incorporation               Name Changes
                Indonesian Cooperative Commercial          PT Bank KB Bukopin Tbk - Approved by the
                Bank (BUKOPIN) was legalized as a legal    Extraordinary General Meeting of Shareholders on
                                                           December 22, 2020, based on the Deed of Meeting
                entity based on Decision Letter of the     Resolution dated December 22, 2020 No. 12 AHU-
                Directorate General for Cooperatives No.   0085571.AH.01.02 and a copy of the Decree of the
                13/Dirjen/ Kop/70 dated 10 July 1970 and   Deputy Commissioner for Banking Supervision I
                registered in the General List of          of the Financial Services Authority Number KEP-
                the Directorate General for Cooperatives   11/PB.1/2021 concerning the Determination of the
                                                           Use of Business License in the name of PT Bank
                No. 8251 on the same date.                 Bukopin Tbk to become a business license in the
                                                           name of PT Bank KB Bukopin Tbk.




Annual Report    2024                              56                                 PT Bank KB Bukopin Tbk
Page 57
                Ownership
                •     KB Kookmin Bank 66.88%
                •     STIC Eugene Star Holdings 16.98%
                •     Public / Society 16.14%




                            66,88%                               16,98%                                       16,14%




                Base Capital                       Exchange Name                               Subsidiaries
                IDR21,000,000,000,000,-            Indonesia Stock Exchange                    PT KB Bukopin Finance
                                                                                               Jl. Melawai Raya No. 66 Kebayoran Baru
                                                                                               South Jakarta 12160
                Issued and Fully Paid-up Capital   SWIFT Code                                  Telephone: +6221-72789683 -
                IDR18,999,999,969,200.-                                                        Office(021) 2793 6513
                                                   BBUKIDJA
                                                                                               PT Bank KB Bukopin Syariah
                Date of Initial Offering           Number of Employees as of                   Jl. Salemba Raya No. 55 Jakarta 10440
                                                   31 December 2024                            Telephone: +6221-2300912
                10 July 2006                                                                   Fax: +6221 3148401
                                                   2,898 people

                Ticker Code                        Corporate Secretary
                BBKP                               Ariz Dian Perkasa as of
                                                   31 December 2024




                Head Office Address                                          Contact Address
                KB Bank Building                                             Corporate Secretary
                Jl. M.T. Haryono Kav. 50-51                                  Jl. M.T. Haryono Kav. 50-51
                South Jakarta 12770                                          South Jakarta 12770
                Phone: +6221-7988266, 7989837                                Phone: +6221 7988266, 7989837
                                                                             Email: corsec@kbbank.co.id

                Social Media
                Youtube: KB Bank
                Facebook: KB Bank
                Instagram: kbbukopin
                X : kbbank_id
                TikTok : kbbank.id




Annual Report       2024                                        57                                            PT Bank KB Bukopin Tbk
Page 58
          Company Profile




BRIEF HISTORY OF THE BANK


PT Bank KB Bukopin Tbk (“Bank”) was founded in the Republic of                  KB Bank is also a shareholder in PT Indo Trans Buana Multi Finance
Indonesia on 10 July 1970 with the name Indonesian Cooperative                  which operates in the fields of investment financing, working
Commercial Bank (abbreviated as Bukopin) which was legalized                    capital financing and multi-purpose financing and then changed
as a legal entity based on Decree of the Directorate General of                 the name of the company to PT Bukopin Finance in 2008 as the
Cooperatives No. 13/Dirjen/Kop/70 and registered in the General                 controlling and major shareholder. In the same year, KB Bank
List of the Directorate General of Cooperatives No. 8251 on the                 made efforts to develop the company's business by acquiring
same date. The Bank began conducting commercial business as a                   PT Bank Persatuan Indonesia which had been under KB Bank's
cooperative commercial bank in Indonesia on 16 March 1971 with                  assistance for 3 years. In seeing business opportunities in sharia
permission from the Minister of Finance in Decree No. Kep-078/                  banking, PT Bank Persyarikatan Indonesia changed its business
DDK/II/3/1971 dated 16 March 1971.                                              direction from a Conventional Bank to a Sharia Bank and changed
                                                                                its name to PT Bank Syariah Bukopin.
Since its inception, the Bank has focused on the MSME (Micro,
Small and Medium Enterprises) segment, and has now grown and                    In 2018, KB Bank started synergy with KB Kookmin Bank through
developed into a bank that is included in the group of medium                   a corporate action in the form of Limited Public Offering (PUT) IV
banks in Indonesia in terms of assets. In line with the opening                 which resulted in KB Kookmin Bank owning 22% of the Company's
of opportunities and increasing ability to serve the needs of the               shares. KB Kookmin Bank.co, Ltd. or Kookmin Bank is one of
wider community, the Bank has expanded its business to the Retail               the banks in South Korea that has grown as a leading financial
and Consumer segments since the issuance of the Minister of                     institution that provides various financial products and services to
Finance's permit on 16 March 1971. The Bank's Retail Business has               the public and businesses. KB Kookmin Bank is part of the largest
developed along with the Commercial business as a balance, with                 financial conglomerate group in South Korea, KB Financial Group
various products and services offered as per the latest Articles of             (KBFG). The group was founded in 2008 to better serve clients,
Association. The Bank's Articles of Association have undergone                  enable growth, and provide value in a rapidly changing financial
several changes over time and the latest changes are stated in the              environment. KB Financial Group has 12 subsidiaries, namely: KB
Deed of Meeting Resolutions dated 30 November 2022 No.108 as                    Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, KB
received and recorded in the Legal Entity Administration System                 Life Insurance, KB Asset Management, KB Capital, KB Real Estate
database of the Ministry of Law and Human Rights of the Republic                Trust, KB Savings Bank, KB Investment, KB Data Systems and KB
of Indonesia dated 14 December 2022 No. AHU-0090647.AH.01.02                    Credit Information. With comprehensive products and services,
concerning Approval of Amendments to the Articles of Association                the KBFG network has spread to various countries including:
of the Limited Liability Company PT Bank KB Bukopin Tbk. and in                 China, Japan, Hong Kong, Cambodia, Thailand, Vietnam, Myanmar,
accordance with the latest composition of members of the Board                  Singapore, Laos, India, Indonesia, New York, London, and New
of Directors in the Deed of Meeting Resolutions dated 31 January                Zealand.
2023 No. 77, as received and
                                                                                In 2021, KB Bank officially changed the Company's name to PT
recorded in the Legal Entity Administration System database of                  Bank KB Bukopin Tbk or commonly called KB Bank along with
the Ministry of Law and Human Rights of the Republic of Indonesia               the presence of KB Kookmin Bank as the Controlling Shareholder
dated 10 February 2023 No. AHU-AH.01.09-0088669 Re: Receipt of                  of KB Bank.
Notification of Changes to Company Data PT Bank Bukopin Tbk.
The Bank also changed its legal status several times until it finally           Along with the development of the banking business industry, KB
became a Public Company in 2006. With an increasingly solid                     Bank continues to innovate by developing digital-based products
capital structure as a result of the Initial Public Offering (IPO) on 10        and services that are not owned by its competitors such as Flexy
July 2006, the Bank continues to develop its operational programs               Bill, Flexy Gas and Flexy Health which further strengthen KB Bank's
by implementing a priority scale according to a well-prepared                   position in the Banking business competition in Indonesia. Until
short-term strategy. The implementation of this strategy is aimed               the end of 2024, KB Bank operates in 21 provinces, has 1 head
at ensuring that comprehensive banking services are provided                    office operations, 29 branch offices, 141 sub-branch offices and
to customers through a network that is connected nationally                     2 functional offices.
and internationally, a variety of products and high-standard
service quality.




Annual Report      2024                                                    58                                             PT Bank KB Bukopin Tbk
Page 59
                                         CERTIFICATE OF CHANGE OF NAME AND
                                                     STATUS OF LEGAL ENTITY

                                           Decree of the Directorate General of Cooperatives No. 13/Dirjen/Kop/70 dated
Indonesian Cooperative Commercial Bank
                                           10 July 1970.



                                           Legalized as a legal entity based on the Decree of the Directorate General of Cooperatives No.
Cooperative Legal Entity
                                           13/Dirjen/Kop/70 dated 10 July 1970.



                                           Ratified in the Decree of the Director General of Cooperative Institutions
Bank Bukopin
                                           No. 06/KPTS/BLK/III/1990 dated 8 March, 1990.



Limited Liability Company                  Notary Deed No. 126 dated 25 February 1993 from Notary Muhani Salim, S.H., along with the
(PT Bank Bukopin Tbk)                      amendments thereto, with Notary deed No. 126. 118 dated 28 May 1993.



                                           Decree of the Senior Deputy Governor of Bank Indonesia No. 6 November KEP.DGS/2004 dated
Public Company PT Bank Bukopin, Tbk
                                           19 April 2004.



                                           Ratified at the Extraordinary General Meeting of Shareholders 22 December 2020, and
                                           based on the Deed of Statement of Meeting Resolutions dated 22 December 2020 No. 12 No.
                                           AHU-0085571.AH.01.02 and a copy of the Decree of the Deputy Commissioner for Banking
PT Bank Bukopin, Tbk
                                           Supervision I of the Financial Services Authority Number KEP-11/PB.1/2021 concerning the
                                           Determination of the Use of a Business License on behalf of PT Bank Bukopin Tbk to become a
                                           Business License on behalf of PT Bank KB Bukopin Tbk




Annual Report     2024                                         59                                                PT Bank KB Bukopin Tbk
Page 60
        Company Profile




MILESTONES BANK



     1970       Bank Umum Koperasi Indonesia (Bukopin) was established with a cooperative legal entity.




                •      Change of the name of Bukopin into Bank Bukopin.
     1989
                •      Issued Bonds for the first time.




                Change of the legal entity status into a Limited Liability Company under
     1993
                the name of PT Bank Bukopin Tbk.




     2003       Issuance of A Series Bonds, B Series Subordinated Bonds and Mudharabah Bonds




                •      Became a public company through IPO (Initial Public Offering).
                •      Acquisition of PT Bank Syariah Bukopin
     2006
                •      (previously PT Bank Persyarikatan Indonesia) amounted to 24.73%
                •      Share acquisition of PT Bukopin Finance (formerly PT Indo Trans Buana Multifinance).



                •      Share acquisition of PT Bank Syariah Bukopin’s to 65.44%.
     2008
                •      Repayment of A Series Bonds, B Series Subordinated Bonds and Mudharabah Bonds.




                •      First Limited Public Offering (PUT I).
     2009
                •      Spin off on Sharia business unit to Bank Syariah Bukopin, so Bank Bukopin has 65.4%.




                For the first time, PRIDE culture (Professionalism, Respect Other,
     2010
                Integrity, Dedicated to Customer, and Excellence) launched and informed internally in the Company.




                •      Implementation of Limited Public Offering (PUT) II.
     2011       •      Increased ownership in PT Bank Syariah Bukopin to 77.57%.




     2012       Issuance of Continuous Subordinated Bonds I Phase I of Bank Bukopin 2012.




     2013       Limited Public Offering (PUT) III




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Page 61
     2014       Increased ownership in PT Bank Syariah Bukopin by 86.82%




                •      PT Bosowa Corporindo became the controlling shareholder.
     2015       •      Issuance of Continuous Subordinated Bonds II of Bank Bukopin Phase I of 2015.
                •      Increased ownership in PT Bank Syariah Bukopin by 89.07%.



                •      Increased ownership in PT Bank Syariah Bukopin to 90.67%, and Bukopin Finance to 96.06%.
     2016       •      Issuance of Bank Bukopin;s 2016 Series B Medium Term Notes I.
                •      Issuance of Bank Bukopin’s Medium Term Notes in 2016.



                •      Initiated the establishment of BNV Labs as a startup incubator in the fintech field.
     2017       •      Launched Wokee digital savings account to strengthen the Company’s business in the digital banking segment.
                •      Issuance of Bank Bukopin Continuous Subordinated Bonds II Phase II 2017



                •      Implementation of Limited Public Offering (PUT) IV in order to strengthen the Company’s capital structure.
                •      KB Kookmin Bank is a shareholder of the Company with 22% ownership.
     2018       •      Bank Bukopin launched the Flexy Bill service in collaboration with PLN to facilitate electricity payments for business
                       actors.


                •      Launch of a new Vision, Mission and Corporate Culture, namely I CAN (Integrity, Competent, Care, Accountable, Never
                       Give Up).
     2019       •      Launch of Virtual Interactive Online Assistant or VIOLA service
                •      Completing the Flexy Bill bridging product line with Flexy Gas, Flexy Health, and Invoice Financing.

                •      The Company carried out corporate actions in order to strengthen its capital, namely Limited Public Offering V and
                       Private Placement.
     2020       •      KB Kookmin Bank became the Controlling Shareholder of the Company with 67.00%
                •      ownership.
                •      Changes in the name and logo of the Company as part of the transformation process into KB Bukopin.

                •      The Company has officially obtained the rights and permits from the Regulator regarding the change of brand identity.
                •      The Company uses the latest brand identity under the name PT Bank KB Bukopin Tbk as well as the use of the KB Star
     2021              logo.
                •      Implementation of Corporate Action in order to strengthen the Company’s capital through a Limited Public Offering
                •      • VI (PUT VI) and the issuance of bonds.



                Commencement of the Next Generation Banking System (NGBS) project in collaboration with Ernest and Young (EY) Indonesia
     2022
                as PMO and DXC as master contractor




                •      PT Bank KB Bukopin, Tbk (BBKP) has completed its rights issue on 31 May 2023, with proceeds of IDR 11.9 trillion. The
     2023              largest buyer of the rights issue was Bank KB Kookmin worth IDR 8.02 trillion or 80.2 billion shares.
                •      Bank KB Bank launched Mobile Banking ‘KBstar’ to meet customers’ digital banking service needs.



                •      KB Bank maintained idAAA rating with stable outlook from PEFINDO.
                •      Officially appointed as KSEI partner for RDN administration and payment banking.
     2024
                •      Fitch Rating awarded KB Bank an international rating equivalent to Indonesia's Sovereign Credit Rating
                •      Rebranding the company's brand and logo to KB Bank




Annual Report   2024                                                 61                                                PT Bank KB Bukopin Tbk
Page 62
         Company Profile




MEMBERSHIP
IN ASSOCIATION

Organization                                                   Membership
Name                                                             Status


Indonesia Corporate Secretary Association (ICSA)                 Member



PERBANAS                                                         Member



Deposit Insurance Agency                                         Member



Association of Indonesian Issuers (AEI)                          Member




Indonesian Payment Systems Association (ASPI)                    Member




Alternative Dispute Resolution Institute (LASP)                  Member




Banking Compliance Director Communication Forum (FKDKP)          Member




Annual Report     2024                                    62      PT Bank KB Bukopin Tbk
Page 63
INFORMATION BEHIND
THE BANK’S LOGO


Logo is a means of identity that reflects the character, products,
and services of a company so that it can convey information about
the company to the public, which a logo has many elements in
the form of shapes, colors, lines and types, all of which support
each other to influence the thoughts, views or public opinions
of the company and reflect the values, vision, and commitment
in providing the best service to customers.



SYMBOL
•   KB symbol reflects the company's ambition to become a
    leading financial brand in Indonesian Financial Industry by
    strengthening the "Korea Best" branding.
•   Star-b symbol has a star meaning, which shows future oriented
    perspective of KB Financial Group and its high desire to
    advance to the world class

VISUALISATION
•   Yellow color on the Company’s logo represents the new
    freshness that KB Kookmin Bank brings.
•   The latest technology and global network support become the
    strengths of KB Bank in providing the best financial services
    for Indonesia.




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Page 64
           Company Profile




LINE OF BUSINESS


In accordance with the Company’s Articles of Association, No. 177 dated June 28, 2024 article 3 paragraph 1, the Bank is engaged in
the banking services industry.

Business Activities Based on the Latest Articles of Association
and Business Activities Carried Out in 2024
                                                                                                  Business Activities Carried Out
        Business Activities Based on the Latest Articles of Association                                      in 2024
                                                                                              In Operation          Not Yet in Operation

 Collecting funds from the public in the form of deposits such as demand deposits,
                                                                                                   √                          -
 time deposits, certificate of deposits, savings, and/or other forms equivalent to it.

 Providing Loans                                                                                   √                          -

 Issuing Debt Certificates                                                                         √                          -



 •   Buying, selling, or guaranteeing on own risk or for the interest and upon its
     customers instruction;
 •   Money orders, including accredited money orders by the Bank in which the validity
     period is not longer than the custom of the trade of such papers;
 •   Debt certificates and other trade papers in which the validity period is not longer
                                                                                                   √                          -
     than the custom of the trade of such papers;
 •   State treasury bills and government guarantee letter;
 •   Bank Indonesia Certificate (SBI);
 •   Bonds;
 •   Trade letters with a term in accordance with statutory regulations



 Transferring money, both for own interest and for customers’ interest                             √                          -

 Placing funds in, borrowing funds from, or lending funds to other Banks, either by
                                                                                                   √                          -
 mail, telecommunication means, or sight draft, check, or other means.

 Receiving payments from receivables on securities and performing calculations with or
                                                                                                   √                          -
 between third parties.

 Providing place to store valuables and securities.                                                √                          -

 Conducting custodial activities for the benefits of others under a contract.                      √                          -

 Performing placement of funds from a customer to another customer in the form of
                                                                                                   √                          -
 securities not listed on the stock exchange

 Providing financing and/or carrying out other activities including carrying out activities
                                                                                                   √                          -
 - based on sharia principles

 Purchasing through a collateral, either in whole or in part, in the event that the debtor
 cannot meet its obligations to the Bank, provided that the purchased collateral must              √                          -
 be disbursed immediately

 Performing factoring activities, credit card business, and trustee activities.                    √                          -


 Conducting other activities commonly carried out by the Bank provided that they do
                                                                                                   √                          -
 not conflict with the applicable laws and regulations.




Annual Report      2024                                                    64                                      PT Bank KB Bukopin Tbk
Page 65
                                                                                                Business Activities Carried Out
       Business Activities Based on the Latest Articles of Association                                     in 2024
                                                                                            In Operation          Not Yet in Operation

 Performing activities in foreign currencies by meeting the provisions stipulated by
                                                                                                 √                          -
 Bank Indonesia



 Conducting equity participation in a bank or other company in the field of finance,
 such as capital lease companies, venture capital firms, securities companies, insurance
 companies, as well as                                                                           √                          -
 clearing institutions of depository and settlement, by complying with the provisions
 stipulated by Bank Indonesia.



 Conducting temporary capital investment activities to overcome the consequences of
 loan defaults, including financing default based on sharia principles with the condition        √                          -
 - must withdraw the investment in accordance with applicable regulations.



 Act as the founder of the Pension Fund and the Manager of the Pension Fund in
                                                                                                 √                          -
 accordance with the provisions of the applicable Pension Fund Legislation.


 Conducting financial services, commercial banking and other investment banking
                                                                                                 √                          -
 activities.


 Purchasing collateral in whole or in part through auction or other means in the event
 that the debtor does not fulfill its obligations to the Company, with the provision that        √                          -
 the collateral


 Conducting other activities that are usually done by banks as long as they do not
                                                                                                 √                          -
 conflict with applicable laws and regulations.




The focus of banking services offered by the Bank is divided into three (3) segments, namely the Retail segment, the MSME segment,
and the Wholesale segment. The Company's Retail and MSME segments are supported by the Wholesale segment as a balance. The
entire segments are supported by International Banking, Treasury, and fee-based services.

Each of these businesses consists of lending activities, raising fund, increasing fee-based income and other service activities, all of
which are carried out in accordance with existing values. The Company's business is supported by competent Human Resources (HR),
the latest information technology, and reliable risk and compliance management.



Bank Products and Services
The Bank’s business activities include Retail, MSME, and Wholesale segment products, which consist of various products and services,
namely savings products, loan products, as well as various services which are explained as follows:

Deposits

Deposit products are divided into Current Accounts, Savings, and Deposit products, including:
1. Current acounts products provided by the Company to customers are as follows:
   • KB Bank Rupiah Demand Deposits; and
   • KB Bank Forex Demand Deposits.
   • Customer Fund Account Current Account (RDN); and
   • DHE SDA Current Account.




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Page 66
         Company Profile




2. Saving products provided by the Company to customers are             WHOLESALE
   as follows:                                                          A. Basic Products
   • KB Bank Standby Savings;                                              1. investment Credit (KI)
   • KB Bank Cooperation Standby Savings;                                  2. Working Capital Credit (KMK):
   • KB Bank Plan Standby Savings;                                            a) Regular Credit Seting
   • KB Bank Business Standby Savings (Individuals and                        b) PRK Setting Credit
       Business Entities);                                                 3. KI and/or KMK with syndicated financing pattern
   • KB Bank Premium Alert Savings;                                     B. Program Products
   • KB Bank Savings on Currency Alert;                                    1. KPEI Intraday Current Account Loan
   • KB Bank Pension Standby Savings;                                   C. Supply Chain Financing Products
   • SIMPLE Savings;                                                       1. Vendor Financing Program Products
   • Wokee Digital                                                      D. Trade Finance Products
   • My Savings; and                                                       1. Letter of Credit;
   • Planning Account                                                      2. SKBDN; and
                                                                           3. Bank Guarantee, SBLC or Demand Guarantee.
3. Deposit products provided by the Company to customers
   are as follows:                                                      OTHER SERVICES
   • KB Bank Rupiah Deposits;
   • KB Bank Foreign Currency Deposits;                                 Fee Based Income
   • Merdeka Deposits; And                                              Fee Based Income activities originate from buying and selling
   • Deposits on Call;                                                  activities (trading) of Treasury products, Public Services, Trade
   • Time Deposit Online; and                                           Finance, Bank Guarantees, and agency services with increased
   • Deposit DHE SDA                                                    E-Banking facility services, Cash Management, Credit Card Fees,
                                                                        Custodian Services, Management and IT Services Swamitra
Loan                                                                    and Public Utilities. In line with the development of banking
                                                                        services, the Company also began selling investment and wealth
Loan products are divided based on segments, including:                 management based products. Details regarding Fee Based Income
                                                                        services are described as follows.
RETAIL
Retail loan products provided by the Company to Prospective             Trade Finance Service
Debtors are as follows:                                                 The services provided by the Company are to help customers
1. Pensioner Loan                                                       overcome transaction obstacles with foreign or domestic/domestic
2. Pre-Retirement Period (MPP) Loan;                                    parties due to differences in payment terms, fund transfers, and
3. Car Ownership Loan;                                                  trade regulations between countries. Various trade finance service
4. Home/Apartment Ownership Loan;                                       products include:
5. Multipurpose Loan(KSG);                                              1. Import Services, in the form of issuing a Letter of Credit (LC)
6. Back to Back Loans;                                                      or Letter of Credit with Domestic Documents (SKBDN) Sight,
7. Credit Card; And                                                         LC/SKBDN Usance, LC/SKBDN Usanse Payable at Sight and
8. Active Civil Servant Credit Products with BPR Channeling.                LC/SKBDN Usanse Payable at Usance;
                                                                        2. Documentary Collection, in the form of Inward Collection
MSMEs                                                                       Delivery Documents Against Payment and Outward Collection
The MSME loan products provided by the Company to Prospective               Delivery Documents Against Acceptance;
Debtors are as follows:                                                 3. Export Services, in the form of Assignment of Proceeds,
A. Generic Product:                                                         Discount on LC/SKBDN Notes and Negotiation of LC/Discount
   1. Investment Credit (IP)                                                Notes;
   2. Working Capital Loan (KMK)
B. Program Products:                                                    Remittance
   1. Equipment Financing                                               The Company’s services are provided to receive and/or send
   2. SME Mortgage                                                      money from and to various corners of the world supported by
   3. Supply Chain Financing which consists of Dealer Financing,        Correspondent Banks spread across various countries.
       Vendor Financing, Distributor Financing
   4. Current Account Loan (PRK)                                        Treasury Trading (Buying and Selling Foreign Exchange and
   5. Rural Bank Financing (BPR)                                        Securities)
   6. SKBF Fleet Channeling Financing                                   The Bank serves the sale and purchase of foreign exchange in
   7. People’s Business Credit (KUR)                                    the form of Telegraphic Transfer (TT) and bank notes as well as
   8. Swamitra Fixed Capital Loan                                       swap and forward contracts. In addition, the Bank also serves
   9. Non cash loan products: Bank Guarantee, L/C and SKBDN             the sale and purchase of securities, both government bonds and


Annual Report    2024                                              66                                            PT Bank KB Bukopin Tbk
Page 67
corporate bonds in Rupiah and foreign exchange. Transactions                 Services Via Host to Host System
are conducted as part of the service, as well as conducted with              The Company has been appointed by the Ministry of Finance to
other banks as an important part of the optimization of buying               provide services for receiving state deposits (tax and non-tax)
and selling income for banks in the framework of proprietary                 online. The Company does not charge fees for these services,
trading (buying and selling forex and securities with other banks            but benefits from access to funds collected from tax payment
and securities) is an important part of the optimization of buying           receipts within a certain period.
and selling income for banks.
                                                                             Mutual Fund Sales
Public Service Related Payee Services                                        The Company can act as a Selling Agent for mutual fund products
Services for accepting payments from the public include payment              (APERD) whose task is to market mutual fund products through the
of electricity bills, water bills, telephone bills, other bills based        Company’s distribution network in accordance with OJK provisions.
on the Company’s collaboration with other companies
                                                                             Bancassurance Sales
Electronic Banking (ATM and Internet Banking)                                The Company cooperates with PT MSIG Life Insurance Indonesia
Bill payment services that can be done through various distribution          in Bancassurance activities with a reference business model not
networks including ATM, Internet Banking and Phone Banking,                  within the framework of Company products (inbranch sales) to
so that customers can carry out banking transactions whenever                all Company customers.
and wherever they are.
                                                                             Sales of Government Bonds
Custodial Services                                                           The Company as Selling Agents for Government Bonds (SBN Retail)
The services provided are in the form of securities custody                  issued by the Government which are classified into 4 (four) types,
activities for the benefit of another party based on a contract.             namely Retail Savings Bonds (SBR), Retail State Bonds (ORI), Retail
This service is provided based on the approval of the Capital                Sukuk (SR) and Savings Sukuk (ST) which have been carried out
Markets and Financial Institutions Supervisory Agency (Bapepam-              since 2006.
LK) dated 3 July 2006. The services provided through this product
are securities storage services, transaction settlement, corporate           KB Bank Priority
action, proxy and mutual fund custodian services.                            KB Bank Priority is aimed at customers with savings balances
                                                                             above IDR 500 million. Each KB Bank Priority customer is served by
Trustee                                                                      a Relationship Officer who assists the customer in managing their
Services provided by the Company to act on behalf of investors               assets. The services offered by KB Bank Priority include customer
who hold debt securities. The Company’s trustee services include             management which is packaged in targeted financial planning
trustee services, collateral agent services, paying agent services           and can increase profits and a sense of security for customers.
and escrow account agent services.
                                                                             Swamitra Collaboration Services
Syndicated Credit Arranger and Agency Services                               The Company as the manager of Swamitra, which is a Cooperative
Arranger and syndicated credit agency services are provided to               Savings and Loans Business Unit, provides operational support
customers who need large amounts of financing so that joint                  in the form of a logo, management system, technology system
financing (syndication) is required by several banks. The agency             (Swasys and SIKM), operational systems and so on. For providing
services provide services in the form of:                                    this support, the Company received management services,
                                                                             partnership services and management services.
a. As a facility agent, namely organizing Credit administration
   as stipulated in the Syndicated Credit Agreement along with               International Banking
   other related agreements.                                                 International Banking Services is one of the Company’s mainstay
b. As a collateral agent, namely managing and administering                  businesses. Improving the quality of services and developing the
   collateral documents based on the provisions of the Syndicated            International Banking business continues to be improved in order
   Credit Agreement along with other related agreements.                     to gain customer trust and satisfaction in export, import and
c. As a holding agent, namely managing and administering escrow              foreign exchange transfer transactions, which are increasing every
   accounts based on the provisions of the Syndicated Credit                 year. With its increasing reputation, the Company is increasingly
   Agreement along with other related agreements, including                  able to collaborate with various correspondent banks at home and
   the process of disbursing syndicated credit (disbursement)                abroad with a total of almost 300 correspondent banks include
   and fulfilling all customer obligations to the bank until the
   syndicated credit is declared complete.

State Deposit Receipt Module (MPN)
The Company has been appointed by the Ministry of Finance to
provide services for receiving state deposits (tax and non-tax)
online. The Company does not charge fees for these services,
but benefits from access to funds collected from tax payment
receipts within a certain period.

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          Company Profile



nostro banks, correspondent banks and also counterparty banks               Business Innovation
spread across various big cities and trade centers in various parts
of the world in Asia, America, Europe and Africa.                           1. One KBFG
    International Banking business segmentation for individual                 KB Bank strengthens partnerships with strategic partners of
    customers and business entities using the following criteria:              affiliated companies of the KB Financial Group in the financial
    1. Exporters and importers;                                                sector, including through collaboration in the field of capital
    2. SOEs and their affiliates;                                              market securities with KB Valbury, motor vehicle financing
    3. Non-SOEs business entities (LOEs, PMA, National Private                 with Sunindo Kookmin Best Finance, multi-finance services
        Groups);                                                               and Co-Location with KB Finansia Multi Finance where the
    4. Individuals of foreign exchange transfer customers.                     collaboration. This is done to improve complete financial
                                                                               services for customers. Through various collaborations with
This segment has a business scale that is oriented towards import-             affiliated companies, KBFG is expected to encourage KB Bank
export trade transactions and domestic trade.                                  to provide integrated services in the future with one stop
                                                                               financial service.
Treasury
Treasury’s main task is to manage the Company’s liquidity. Liquidity        2. Social Bond
management is carried out in the context of implementing banking               KB Bank is a pioneer in social bonds as a private bank in
regulations in accordance with the rules of the Financial Services             Indonesia, where KB Bank has gained trust as the first bank
Authority (OJK) and Bank Indonesia (BI) and simultaneously                     in Indonesia to obtain a social bond worth US$300 million
optimizing the Company’s liquidity profile. In carrying out its                or the equivalent of IDR 4.41 trillion from a member of the
duties, the Treasury Division always coordinates with all business             World Bank Group, the International Finance Corporation (IFC).
units and supporting units. Coordination carried out includes                  These social bonds are dedicated to funding social initiatives
monitoring customer fund movements and the Bank’s internal                     that focus on dealing with the socio-economic impacts
financial data, as consideration in implementing daily liquidity               resulting from Covid-19 and financing in social segments,
management strategies.                                                         such as MSMEs, affordable housing, health care, education
                                                                               and infrastructure. As the Bank’s commitment to supporting
The role as liquidity manager is carried out simultaneously with               Social and Environmental Affairs, KB Bank also established an
the role as a profit center, namely optimizing interest income from            Environmental, Social and Government (ESG) unit to increase
money market and capital market transactions, as well as non-                  cooperation and support ESG implementation at KB Bank.
interest income (fee based income) from buying and selling foreign
exchange and securities. Transactions are carried out mainly                3. Supply Chain
with counterparties consisting of BI, other commercial banks,                  The Bank continues to develop its Supply Chain Financing (SCF)
securities and money brokers. Transactions with customers are                  business by adjusting existing products to align with market
carried out as part of the Bank’s services to the public, especially           dynamics and launching new SCF products and services as
related to buying and selling foreign currency, securities, as well            part of its growth strategy. The Bank also continues to build
as custodian and trustee services.                                             and strengthen relationships with large companies as Anchors
                                                                               and Spokes consisting of distributors, dealers, and suppliers.
Treasury products and services offered to customers include:                   Through Dealer Financing, Distributor Financing, and Vendor
1. Forex buying and selling transactions (Value Today, Tom,                    Financing products, the Bank provides financing solutions that
    Spot, Forward, Swap);                                                      support smooth cash flow, improve operational efficiency, and
2. Deposit on Call (DOC);                                                      strengthen the competitiveness of business partners. With
3. Bond trading (government and corporate);                                    SCF product and service innovations, the Bank is committed
4. Foreign Bank Notes;                                                         to providing flexible and sustainable financing access to drive
5. Placement with Bank Indonesia & Other Banks;                                business growth in various industrial sectors.
6. GMRA;
7. Repo & Reverse Repo;
8. Money Market Mutual Funds;
9. Interest Rate Swap;
10. Custody Services (administration of customer securities);
11. Trustee Services.




Annual Report     2024                                                 68                                            PT Bank KB Bukopin Tbk
Page 69
                                                                                   BUSINESS NETWORK AND BANK
                                                                                              OPERATING AREAS
                                 The Bank’s business network and operational areas in the last 5 (five) years

                 Office Type                                     2024                       2023           2022         2021              2020



Operational Head Office                                                        1                       1            1             1                1


Branch Office                                                                29                      29            41           42                42


Sub-Branch Office                                                           141                      143          231           310              173


Functional Office                                                              2                       1           3             4                 9


Cash Office *)                                                                 -                       -            -             -              169


Payment Point *)                                                               -                       -            -             -               25


ATM                                                                          30                       11          359           673              850

*) Adjustment to POJK 12 that as of October 2021 there are no Cash Office and Payment Point status




Annual Report          2024                                                                  69                                PT Bank KB Bukopin Tbk
Page 70
        Company Profile




VISION, MISSION, AND
CULTURAL VALUES OF THE BANK

                          The Bank has established a vision and mission which is used as a reference for the direction
                          of business development. The Company’s Vision and Mission are established through Board
                          of Commissioners Decree No. SKEP/001/D.KOM/VII/2013 concerning Completion of the Vision
                          and Mission of PT Bank Bukopin Tbk, dated 9 July 2013 and Directors’ Decree No.KEP/634/
                          DIR/VII/2013 dated 10 July 2013 which has been amended based on the Directors’ Decree
                          No. 1092 dated 24 June 2019 as follows:




                          Vision                                Becoming the First
                                                                Choice Financial
                                                                Institution in Indonesia


                          Mission                               Understanding and
                                                                Providing Solutions
                                                                to Customers


                                                             KB Bank always sets a Vision and
Review of the Company’s                                      Mission that is reviewed periodically by
Vision and Mission                                           involving the Board of Directors, Board of
                                                             Commissioners, and other management
                                                             levels to ensure its relevance to the Bank's
                                                             business development, stakeholder needs
                                                             and the direction of competition between
                                                             financial service business actors. Until the
                                                             end of 2024, the Board of Commissioners
                                                             and Board of Directors stated that KB
                                                             Bank's Vision and Mission are still relevant
                                                             to the direction of the Bank's current
                                                             business development.



Annual Report   2024                                    70                                           PT Bank KB Bukopin Tbk
Page 71
Bank Cultural Values
KB Bank upholds the Company's cultural values that are applied in internal operations and customer services. KB Bank has established
ICCAN as a value and philosophy that is believed to be the foundation and reference for achieving goals. The ICCAN Company values
that have been ratified according to the Directors’ Decree No. 1092 of 2019 include the following:


                                                            It is interpreted as prioritizing honesty, discipline and committed to build
                     Integrity                              customer trust. The main behavior that goes along with this value:
                                                            •      Honest
                         (Integritas)
                                                            •      Discipline and Committed
                                                            Defined as being proficient in carrying out tasks and making continuous

                  Competent
                                                            improvements to always be the best. The main behavior that goes along with
                                                            this value:
                         (Kompeten)                         •     Quick learner
                                                            •     Continuous improvement and refinement
                                                            Defined as caring and synergy for mutual progress. The main behaviors that
                          Care                              are in line with this value:
                                                            •     Sincere/empathy & caring
                           (Peduli)
                                                            •     Synergy/cooperation
                                                            Defined as taking full responsibility and mastering the work to achieve the
                 Accountable                                best results. The main behavior that goes along with this value:
                                                            •     Responsible
                        (Akuntabilitas)
                                                            •     Mastering the task
                                                            Defined as being able to think “out of the box” and never give up in the face

                Never Give Up
                                                            of challenges and obstacles to achieve the best results. The main behavior
                                                            that goes along with this value:
                  (Tidak Pernah Menyerah)                   •     Never give up
                                                            •     Thinking “out of the box”



ICCAN Corporate Values are expected to be implemented in daily behavior by all levels of management and employees in the Company
to realize the Company’s vision and mission.




Annual Report    2024                                           71                                                PT Bank KB Bukopin Tbk
Page 72
                     Company Profile




       ORGANIZATION                                                                                                     GENERAL MEETING
       STRUCTURE                                                                                                        OF SHAREHOLDERS



                                                                                                                              BOARD OF
       The Bank's Organizational Structure as of December 31,                                                               COMMISSIONERS
       2024, has been determined through the Decree of the
       Board of Directors No. 007 of 2024 dated date/month/year
       along with its addendum as attached below.                                                                             PRESIDENT
                                                                                                                              DIRECTOR




                                                          VICE PRESIDENT
                                                             DIRECTOR




                                                                                                                                     Corporate
                                                     Retail Business                              Sales Distribution                                                                                      Credit
                                                                                                                                     Business




        Branch Business                                                                             Regional Regional                  Corporate                SME & Commercial                       Special Asset
                                    Retail Product               Retail Credit Factory
       Perfomance & KPI                                                                                Office I - VII                  Business                 Credit Underwriting                  Management (SAM)



       Branch Performance                                                                                                                Corporate             Commercial Credit
                                      Personal Loan                    Retail Underwriting              Branch Office                                                                                        SAM I
        Management & KPI                                                                                                               Funding I & II              Analyst



                                   Deposit Product, WM                                                                                  Corporate               Credit Regional
                                                                   Retail Credit Support               SME Head Area                                                                                       Bulk Auction
                                       & Cards Biz                                                                                    Lending I II & II          Center (CRC)



                                       Marketing                                                    MSME Product &                    Commercial              Corporate & Korean Link                       AYDA/WO
                                     Communication                                                  Business Support                   Business                 Credit Underwritting                        Asset Sale
Corporate Relation


                                   Non Branch Channel                                                                                 Commercial                    Credit Analyst                      SAM II Wholesale
                                                                                                        MSME Product
                                                                                                                                     Business I & II



                                                                                                                                                                     SAM VI - SPC                         SAM Wholesale
                                        Mortgage                                                      MSME & Wholesale          Korean Link Business
                                                                                                      Portfolio & Support                                                                                      I

                                                                                                                                                                    Special Purpose
                                                                                                                                                                    Company (SPC) I
                                     Retail Business                                                  New Business                    Korean Link                    Management                           SAM Wholesale
                                       Specialist                                                       Solution                      Business III                                                             II
                                                                                                                                                                    Special Purpose
                                                                                                                                                                    Company (SPC) II
                                                                                                                                                                      Management
                                                                                                                                      Korean Link
                                                                                                      SME Business                   Business I & II                 Special Purpose                   SAM III Wholesale
                                                                                                                                                                    Company (SPC) III
                                                                                                                                                                      Management
          Supply Chain
            Finance
                                                                                                                                                                                                          SAM Wholesale
                                                                                                                                                                                                               III

          Trade Finance

                                                                              DPD & Portfolio                                                  SAM V Retail                         SAM IV SME            SAM Wholesale
                                               CI & Legal
                                                                               Management                                                                                                                      IV

         Corporate Credit
            Planning
                                                                          Credit Related Policy                                                 Retail Collection                 SAM SME Region I
                                         Credit Administration &             & Committee
                                                Reporting


                                                                              Asset Quality                                                     SAM Channeling,
                                                                                                                                                                                   SAM SME Region
                                                                              Management                                                        Join Financing &
                                                                                                                                                                                        II-III
                                                                                                                                                    Swamitra


                                                                                                                                           SAM Restructuring,                      SAM SME Region
                                                                                                                                             Performance                                IV-V
                                                                                                                                          Management & Policy



       Annual Report        2024                                                                    72                                                                    PT Bank KB Bukopin Tbk
Page 73
         REMUNERATION & NOMINATION
                COMMITTEE




         RISK MONITORING COMMITTEE




               AUDIT COMMITTEE



          GOVERNANCE OF FINANCIAL
         CONGLOMERATION INTEGRATED
                COMMITTEE




Compliance & Risk                 Finance                Strategy                                                                IT & Digital




                           Treasury & Capital
Compliance & QA                                     Corporate Strategy            Internal Audit       Human Capital        IT Planning & Operation        Digital
                                Market



                                                         Payment &                Channel & Special      Human Capital            IT Planning &         Digital Business &
  Quality Assurance                 Treasury
                                                         Settlement                    Audit            Business Partner          Customer First            Ecosystem



                               Capital Market          Corporate Strategy,
  Compliance Policy                                                                 Professional                                  IT Operation &       Digital Development
                             Service & Financial    Partnership & Subsidiary                           Talent Acquisition
      & GCG                                               Management               Practices Audit                                 Infrastructure           & Solution
                                 Institution


     Anti Money                                                                  HQ, IT & Subsidiary
                                  Finance            Transformation                                                            IT Development            IT Security
     Laundering                                                                         Audit


                                                       Transformation                                                               IT Digital &
  Corporate Legal &          Financial Planning            Office                                                                                     New Technology &
                                                                                                                                     Enterprise
      Litigation                                                                                                                                       Reengineering
                                                                                                                                   Development


                                   Regulatory
                                                          Insurance            Anti Fraud & Special                                Core System
Risk Management                  Reporting & MIS
                                                                                  Investigation                                    Development


     Personal Data                                   Channel Strategy,
                                  Tax Planning                                     Corporate
  Protection (PDP) &                               Procurement & Asset
 IT Risk Management                                                              Communication
                                                       Management


   Enterprise Risk        Financial Accounting         Channel Strategy          Corporate Secretary
    Management


     Operational,
                                 Finance Control        Procurement &
  Market &Liquidity                                                                 PD Secretary
                                                      Asset Management
  Risk Management


      Credit &                    Accounting &
                                                     Customer Experience
   Regulatory Risk                  Taxation
                                                       & Development
    Management


                                   Financial
                                  Management




      Annual Report        2024                                                        73                                           PT Bank KB Bukopin Tbk
Page 74
                  Company Profile




PROFILE OF BOARD OF COMMISSIONERS




Jerry Marmen                                                                                              Seng Hyup Shin
President Commissioner                                                                                    Deputy President Commissioner

 Age                                     59 years old                                                     Age                                     54 years old

 Nationality                             Indonesia                                                        Nationality                             Republic of Korea

 Domicile                                Jakarta, Indonesia                                               Domicile                                Jakarta, Indonesia

                                         Deed of GMS Resolution No. 27 dated                                                                      Deed of Resolution of Extraordinary GMS No. 67 dated
 Legal Basis of the First Appointment    08 December 2021                                                 Legal Basis of the First Appointment    August 25, 2020 (2021 Period-Extraordinary General
                                         (2021 Period-GMS 2024)                                                                                   Meeting of 2024)

                                         Deed of Annual GMS Resolution No 116 dated                       Legal Basis of the Recent Appointment   -
 Legal Basis of the Recent Appointment   28 June 2024
                                         (2024 Period-Annual GMS 2027)                                                                            •      Bachelor of Administration in Administration,
                                                                                                                                                         KyungPook National University (1995)
                                                                                                          Education Background
                                         •      Doctor of Philosophy at the Australian National                                                   •      Master of Administration in Administration,
                                                University (2012)                                                                                        KyungPook National University (1997)
                                         •      Master of Management at the Australian
 Education Background
                                                National University (2006)                                                                        •      Finance Director of KB Bank (2020-2024)
                                         •      Bachelor of Agribusiness at the Instutut                                                          •      Team Manager, KB Financial Group (2014-2016)
                                                Pertanian Bogor (1988)                                                                            •      Senior Deputy General Manager, KB Financial
                                                                                                          Work Experience
                                                                                                                                                         Group (2017)
                                         •      Assistant to the Special Staff of the President of                                                •      General Manager, KB Financial Group
                                                the Republic of Indonesia for Economic Affairs                                                           (2018- 2020)
                                                (2019-present)
                                         •      Head of the Professional Certification Institute                                                  •      Qualification 7 Risk Management Certification
                                                                                                          Certifications
                                                (LSP) for Governance, Risk, and Compliance                                                        •      Advanced Level Treasury Certification
                                                (TRK) (2021-present)
                                         •      Supervisory Commissioner of LSP-BSMR,                     Concurrent Position                     None
                                                Professional Certification Institute (LSP) Risk
                                                Management Certification Agency (BSMR)                    Share Ownership in the Company          2,300,000 (0.0012241%)
                                                (2021-2022)
                                                                                                          Affiliate Relations                     None
                                         •      Risk Policy Committee/Risk Monitoring
                                                Committee, PT. Asuransi Jasa Indonesia
 Work Experience
                                                (Persero) (2019-2021)
                                         •      Chief & Senior Consultant PT. Strategic
                                                Development Group (2018-2021)
                                         •      President Commissioner of PT Proteksi Antar
                                                Nusa (Insurance Brokerage) (2018-2021)
                                         •      President Commissioner of PT Proteksi Antar
                                                Nusa (Insurance Brokerage) (2012-2018)
                                         •      Director of Planning and Risk Management of
                                                PT Informasi Kredit Indonesia (2014-2019)
                                         •      President Director of PT Risk Frontier (2012-2021)
                                         •      Vice Rector of Perbanas School of Economics
                                                (PERBANAS Institute) (2000-2003)

 Certifications                          Qualification 7 Risk Management Certification

 Concurrent Position                     None

 Share Ownership in the Company          None

 Affiliate Relations                     None


Annual Report                2024                                                                    74                                                                PT Bank KB Bukopin Tbk
Page 75
Nanang Supriyatno                                                                               Tippy Joesoef
Commissioner                                                                                    Independent Commissioner

 Age                               55 years old                                                  Age                         60 years old

 Nationality                       Indonesia                                                     Nationality                 Indonesia

 Domicile                          Jakarta, Indonesia                                            Domicile                    Jakarta, Indonesia

 Legal Basis of the First          Deed of GMS Resolution No. 67 dated 25 August 2020            Legal Basis of the First    Deed of Extraordinary GMS Decision No. 13 dated 22
 Appointment                       (2020 Period -GMS Fiscal Year 2024)                           Appointment                 December 2020 (2020 Period-GMS Fiscal Year 2024)

 Legal Basis of the Recent                                                                       Legal Basis of the Recent
                                   -                                                                                         -
 Appointment                                                                                     Appointment

                                   Bachelor’s degree in Accounting from Jenderal                                             Bachelor’s degree in Economics from the Bandung
 Education Background                                                                            Education Background
                                   Soedirman University (1993)                                                               College of Economics (STIEB) (1990)

                                   •      President Director of PT Satu Gen Indonesia                                        •      Independent Audit Committee, American
                                          (2020-Present)                                                                            International Assurance (AIA) Financial
                                   •      Deputy Chief Executive Officer PT Bosowa                                                  (2019-Present)
                                          Property Group (2017-2022)                                                         •      Chief GRC, Fazz Financial Group (2019-2022)
                                   •      Director of Internal Audit Bosowa Group (2013-                                     •      Executive Director- Country Risk Management
                                          2022)                                                                                     Head, UOB Indonesia (2013-2016)
 Work Experience                                                                                                             •      SVP Global Consumer Group, Citibank NA (2013)
                                   •      President Director of PT Bosowa Beton
                                          Indonesia (2015-2018)                                                              •      SVP Risk Management, Bank Danamon (2011-
                                   •      Director of Risk Management PT Semen Bosowa            Work Experience                    2012)
                                          Maros (2015-2017)                                                                  •      Head of Country Operational Risk Management,
                                   •      Problem Loans Recovery and Restructuring PT                                               Basel 2 and Enterprise Risk Management –
                                          Bank Mandiri (Persero) Tbk (1994-2013)                                                    Maybank (2005- 2011)
                                                                                                                             •      Head of Compliance for Consumer &
 Certifications                    Qualification 5 Risk Management Certification                                                    Commercial Banking, ABN AMRO Bank (1999-
                                                                                                                                    2005)
                                   President Director of PT Satu Gen Indonesia                                               •      Credit Operations Manager, Standard Chartered
 Concurrent Position
                                   (2020-Present)                                                                                   Bank (1991-1999)

 Share Ownership in the                                                                          Certifications              Qualification 7 Risk Management Certification
                                   None
 Company
                                                                                                 Concurrent Position         None
 Affiliate Relations               None
                                                                                                 Share Ownership in the
                                                                                                                             None
                                                                                                 Company

                                                                                                 Affiliate Relations         None




Annual Report               2024                                                           75                                                     PT Bank KB Bukopin Tbk
Page 76
               Company Profile




Hae Wang Lee                                                                                     Stephen Liestyo
Independent Commissioner                                                                         Independent Commissioner

 Age                               56 years old                                                  Age                         60 years old

 Nationality                       Korea Selatan                                                 Nationality                 Indonesia

 Domicile                          Jakarta, Indonesia                                            Domicile                    Jakarta, Indonesia

 Legal Basis of the First          Deed of Extraordinary GMS Decision No.67 dated 25             Legal Basis of the First    Deed of GMS Resolution No. 29 dated 8 July 2021
 Appointment                       August 2020 (2020 Period-GMS Fiscal Year 2024)                Appointment                 (2021 Period-GMS of Fiscal Year 2023)

 Legal Basis of the Recent                                                                       Legal Basis of the Recent   Deed of Resolution of the Annual GMS No. 116 dated
                                   -                                                             Appointment                 28 June 2024 (Period 2024-GMS 2027)
 Appointment

                                   •      Bachelor’s degree in Law from Yonsei University                                    Masters in International Marketing, IPMI International
                                                                                                 Education Background
 Education Background                     (1991)                                                                             Business School, Jakarta (2002)
                                   •      Masters in Law from Yonsei University (1998)
                                                                                                                             •      President Commissioner of PT Sol Mitra Fintec,
                                   •      Member of Board of Directors Korean                                                       January 2016 – July 2021
                                          Association of Indonesia (2020-sekarang)                                           •      President Commissioner of PT Prismalink
                                   •      President Director LEENOH Consulting                                                      International, January 2014 - August 2021
                                          Indonesia (2019-sekarang)                                                          •      Independent Commissioner of PT.Indonesian
 Work Experience                   •      Foreign Lawyer MR&Partners Law Firm at Jakarta                                            Commercial KiosOn, February 2018 - April 2019
                                                                                                 Work Experience
                                          (2015-2019)                                                                        •      President Commissioner of PT Wahana
                                   •      Lawyer at APEX LLC Head of Jakarta Apex Office                                            Ottomitra Multiartha (WOM Finance),
                                          (2011-2014)                                                                               April 2010 - April 2015
                                   •      Lawyer at Law Firm C&K, LEX, APEX (2006-2011)                                      •      Director of Consumer Banking PT.Bank Maybank
                                                                                                                                    Indonesia Tbk, April 2009 - January 2013
 Certifications                    Risk Management Certification Lv. 2 Commissioners                                         •      Commissioner of BCA Finance (2000-2009)

                                   •      Member of Board of Directors Korean                    Certifications              Qualification 6 Risk Management Certification
                                          Association of Indonesia (2020-present)
 Concurrent Position                                                                             Concurrent Position         None
                                   •      President Director LEENOH Consulting
                                          Indonesia (2019-present)
                                                                                                 Share Ownership in the
                                                                                                                             None
 Share Ownership in the                                                                          Company
                                   None
 Company
                                                                                                 Affiliate Relations         None
 Affiliate Relations               None




Annual Report               2024                                                            76                                                    PT Bank KB Bukopin Tbk
Page 77
Sukriansyah S. Latief *)                                                                            Eugene K Galbraith *)
Independent Commissioner                                                                            Independent Commissioner

 Age                               55 years old                                                     Age                               72 years old

 Nationality                       Indonesia                                                        Nationality                       United States

 Domicile                          Jakarta, Indonesia                                               Domicile                          Jakarta, Indonesia

 Legal Basis of the First          Deed of GMS Resolution No. 27 dated 8 December 2021              Legal Basis of the First          Deed of GMS Resolution No. 27 dated 8 December 2021
 Appointment                       (Period 2021-GMS of Fiscal Year 2023)                            Appointment                       (Period 2021-GMS of Fiscal Year 2023)

 Legal Basis of the Recent                                                                          Legal Basis of the Recent
                                   -                                                                                                  -
 Appointment                                                                                        Appointment

 Education Background              Doctor of Law, Universitas Hasanudin (2009)                                                        PhD Anthropology Economics from John Hopkins
                                                                                                    Education Background
                                                                                                                                      University in 1983
                                   •      Special Staff of Vice President, Vice Presidential
                                          Palace (2019-present)                                                                       •      Director PT Sarana Menara Nusantara
                                   •      Commissioner of PT Pelindo Jasa Maritim                                                            (2020-present)
                                          (2021–2022)                                                                                 •      Senior Advisor Bank Pictet & Cie (Asia) Ltd,
 Work Experience                   •      Commissioner of PT Media Fajar Holding                                                             Singapore (2019-2021)
                                          Company (2015- 2022)                                                                        •      Senior Advisor, McKinsey and Company
                                   •      Lecturer at Fajar Educational Foundation of                                                        (2019-2021)
                                                                                                    Work Experience
                                          Ujungpandang (1998-present)                                                                 •      Deputy President Director Bank Central Asia
                                   •      Commissioner of PT Pelindo IV Makassar (2021)                                                      [IDX: BBCA] (2011-2019)
                                                                                                                                      •      President Commissioner Bank Central Asia [IDX:
 Certifications                    Level 2 Risk Management Certification                                                                     BBCA] (2002-2011)
                                                                                                                                      •      Deputy President Commissioner Bank OCBC
                                   •      Special Staff of Vice President Vice Presidential                                                  NISP (1998-2006)
                                          Palace (2019-present)
 Concurrent Position
                                   •      Lecturer at the Fajar Educational Foundation of           Certifications                    Lv.5 Risk Management Certification Commissioner
                                          Ujungpandang (1998-present)
                                                                                                    Concurrent Position               Director of PT Sarana Menara Nusantara (2020-present)
 Share Ownership in the
                                   None
 Company                                                                                            Share Ownership in the
                                                                                                                                      None
                                                                                                    Company
 Affiliate Relations               None
                                                                                                    Affiliate Relations               None
 *) No longer serves as Independent Commissioner as of 28 June 2024
                                                                                                    *) No longer serves as Independent Commissioner as of 28 June 2024




Annual Report               2024                                                               77                                                          PT Bank KB Bukopin Tbk
Page 78
         Company Profile




Statement of Independence of Independent Commissioners
During their tenure, all Independent Commissioners have fulfilled the independent criteria as regulated in the applicable regulations
and have been included in a statement letter signed by each Independent Commissioner.

An Independent Commissioner who has served for two terms of office can be reappointed in the next period as long as the Independent
Commissioner declares that he or she remains independent to the GMS. However, since the enactment of OJK Regulation no. 55/
POJK.03/2016 concerning the Implementation of Governance for Commercial Banks, there are no Independent Commissioners who
have served more than (2) two consecutive terms of office.



Chronology of Changes to the Board of Commissioners in 2024
Throughout 2024, there were changes to the composition of the Company's Board of Commissioners with the following chronology:


        Composition as of                Composition as of                 Composition as of
         1 January 2024                    28 June 2024                    1 December 2024
                                                                                                                  Note


 Jerry Marmen                     Jerry Marmen                      Jerry Marmen
                                                                                                                    -
 President Commissioner           President Commissioner            President Commissioner




 Seng Hyup Shin                   Seng Hyup Shin                    Seng Hyup Shin
                                                                                                                    -
 Deputy President Commissioner    Deputy President Commissioner     Deputy President Commissioner




 Nanang Supriyatno                Nanang Supriyatno                 Nanang Supriyatno
                                                                                                                    -
 Commissioner                     Commissioner                      Commissioner




 Tippy Joesoef                    Tippy Joesoef                     Tippy Joesoef
                                                                                                                    -
 Independent Commissioner         Independent Commissioner          Independent Commissioner




 Hae Wang Lee                     Hae Wang Lee                      Hae Wang Lee
                                                                                                                    -
 Independent Commissioner         Independent Commissioner          Independent Commissioner




 Stephen Liestyo                  Stephen Liestyo                   Stephen Liestyo
                                                                                                                    -
 Independent Commissioner         Independent Commissioner          Independent Commissioner



                                                                                                     Sukriansyah S. Latief no
 Sukriansyah S. Latief                                                                               longer serves as Independent
 Independent Commissioner                                                                            Commissioner of the Bank as of
                                                                                                     28 June 2024


                                                                                                     Eugene K Galbraith no longer
 Eugene K Galbraith                                                                                  serves as Independent
 Independent Commissioner                                                                            Commissioner of the Bank as of
                                                                                                     28 June 2024




Annual Report    2024                                             78                                        PT Bank KB Bukopin Tbk
Page 79
                                                                                                                          DIRECTORS PROFILE




Woo Yeul Lee                                                                                      Robby Mondong
President Director                                                                                Vice President Director

 Age                               60 years old                                                    Age                          56 years old

 Nationality                       Indonesia                                                       Nationality                  Indonesia

 Domicile                          Jakarta, Indonesia                                              Domicile                     Jakarta, Indonesia

                                   Deed of Resolution of Annual GMS No.37 dated May 25,            Legal Basis of the First     Deed of GMS Resolution No. 29 dated 8 July 2021
 Legal Basis of the First
                                   2022 (Period 2022-Closing of Annual GMS for Financial           Appointment                  (Period 2021-Year 2024)
 Appointment
                                   Year 2024)
                                                                                                   Legal Basis of the Recent    Deed of Annual GMS Resolution No. 116 dated 28 June
 Legal Basis of the Recent                                                                         Appointment                  2024 (Period 2024-GMS 2027)
                                   -
 Appointment
                                                                                                                                •      Degree in Finance and Banking, National
                                   •      Bachelor Degree in Agricultural Economics from                                               University San Diego CA USA (1992)
                                                                                                   Education Background
                                          Korea University (1998)                                                               •      MBA Degree in Marketing, Woodbury University
 Education Background
                                   •      Master of International Economics from Korea                                                 Burbank CA USA (1993)
                                          University (1990)
                                                                                                                                •      SEVP Head of Sales and Distribution PT Bank
                                   •      Senior Executive Vice President & Chief                                                      CIMB Niaga Tbk (Agustus 2019 – Juni 2021)
                                          Information Technology Officer KB Financial                                           •      EVP Head of Sales and Distribution PT Bank
                                                                                                   Work Experience
                                          Group (2020)                                                                                 CIMB Niaga Tbk (Oktober 2015 - Agustus 2019)
 Work Experience                   •      Senior Executive Vice President & Chief Human                                         •      SVP Head of Sales and Distribution PT Bank
                                          Resource Officer KB Financial Group (2021)                                                   CIMB Niaga Tbk (Juni 2013 - September 2015)
                                   •      Senior Executive Vice President & Chief Strategy
                                          Officer KB Financial Group (2022)                        Certifications               Qualification 7 Risk Management Certification

 Certifications                    Qualification 7 Risk Management Certification                   Concurrent Position          None

 Concurrent Position               None                                                            Share Ownership in KB Bank   11,801,000 (0.0062809%)

 Share Ownership in KB Bank        11,800,000 (0.0062804%)                                         Affiliate Relations          None

 Affiliate Relations               None




Annual Report               2024                                                             79                                                      PT Bank KB Bukopin Tbk
Page 80
               Company Profile




Helmi Fahrudin                                                                                   Dodi Widjajanto
Director                                                                                         Director

 Age                               49 years old                                                   Age                          58 Tahun

 Nationality                       Indonesia                                                      Nationality                  Indonesia

 Domicile                          Bekasi, Indonesia                                              Domicile                     Jakarta, Indonesia

                                   Deed of Resolution of Extraordinary GMS No. 67 dated           Legal Basis of the First     Deed of GMS Resolution No. 67 dated 25 August 2020
 Legal Basis of the First
                                   August 25, 2020 (Period 2020-Closing of Annual GMS for         Appointment                  (Period 2020-GMS 2024)
 Appointment
                                   Financial Year 2024)
                                                                                                  Legal Basis of the Recent
                                                                                                                               -
 Legal Basis of the Recent                                                                        Appointment
                                   -
 Appointment
                                                                                                                               •      Bachelor’s degree in Economics and
                                   •      Diploma (D-3) in Accounting Economics, STIE                                                 Development Studies, Sebelas Maret University
                                          Yogyakarta, (1997)                                      Education Background                (1990)
 Education Background
                                   •      Bachelor’s degree in Accounting Economics,                                           •      Master of Management in Agribusiness, Bogor
                                          Indonesian Christian University, (2003)                                                     Agricultural Institute (2002)

                                   •      Head of Corporate Strategic Planning Division                                        •      General Manager Hong Kong Branch Office
                                          (Executive Officer) PT Bank Bukopin Tbk,                                                    PT Bank Negara Indonesia (Persero) Tbk
                                          (2018-2019)                                                                                 Hong Kong Branch Office (2016-2018)
 Work Experience                   •      Head of SKAI (Executive Officer) PT Bank                                             •      Regional Office Leader, PT Bank Negara
                                          Bukopin Tbk (2019-2020)                                 Work Experience                     Indonesia (Persero) Tbk Palembang Regional
                                   •      Member of the Supervisory Board, Bank                                                       Office (2018-2020)
                                          Bukopin Pension Fund (2016-2020)                                                     •      Regional Office Leader, PT Bank Negara
                                                                                                                                      Indonesia (Persero) Tbk Bandung Regional
 Certifications                    Qualification 7 Risk Management Certification                                                      Office (2020)

 Concurrent Position               None                                                           Certifications               Qualification 7 Risk Management Certification

 Share Ownership in KB Bank        2,483,951 (0.0013220%)                                         Concurrent Position          None

 Affiliate Relations               None                                                           Share Ownership in KB Bank   2,000,088 (0.0010645%)

                                                                                                  Affiliate Relations          None




Annual Report               2024                                                            80                                                      PT Bank KB Bukopin Tbk
Page 81
Yohanes Suhardi *)                                                                               Henry Sawali
Director                                                                                         Director

 Age                                 59 years old                                                 Age                          56 years old

 Nationality                         Indonesia                                                    Nationality                  Indonesia

 Domicile                            Jakarta, Indonesia                                           Domicile                     Jakarta, Indonesia

 Legal Basis of the First            Deed of GMS Resolution No. 29 date 8 July 2021                                            Deed of Resolution of Annual GMS No. 29 dated July 8,
 Appointment                         (Period of 2021-GMS 2024)                                    Legal Basis of the First
                                                                                                                               2021 (period 2021-Closing of Annual GMS for Financial
                                                                                                  Appointment
                                                                                                                               Year 2024)
 Legal Basis of the Recent
                                     -
 Appointment                                                                                      Legal Basis of the Recent    Deed of GMS Resolution No. 116 dated 28 June 2024
                                                                                                  Appointment                  (Period 2024-GMS 2027)
                                     •      Bachelor of Economics, Management,
                                            Tarumanegara University (1998)                                                     •      Bachelor Degree in Finance, California State
 Education Background
                                     •      MBA Degree in Finance Oklahoma University,                                                University – Fresno (1986)
                                                                                                  Education Background
                                            USA, (1990)                                                                        •      Masters Degree in Business Administration,
                                                                                                                                      National University of San Diego USA (1992)
                                     •      Commissioner, PT Sahabat Financial Keluarga
                                            (2014-2021)                                                                        •      Head of Commercial and MSME Banking Credit
                                     •      EVP National Head SME Banking, PT Bank                                                    PT Bank CIMB Niaga Tbk (2017-2022)
                                            Permata Tbk (2013-2021)                                                            •      Senior Manager – SCO for Indonesia PT Bank
 Work Experience                                                                                  Work Experience
                                     •      SVP National Head SME Credit, PT Bank Permata                                             ANZ Indonesia (2016-2017)
                                            Tbk (2007-2013)                                                                    •      Senior Vice President – Head of Corporate
                                     •      VP Commercial & Corporate Team Leader, PT                                                 Credit Risk, PT Bank OCBC NISP Tbk (2010-2016)
                                            Bank OCBC Indonesia (2004-2007)
                                                                                                  Certifications               Level 7 Risk Management Certification
 Certifications                      Qualification 7 Risk Management Certification
                                                                                                  Concurrent Position          None
 Concurrent Position                 None
                                                                                                  Share Ownership in KB Bank   1,600,000 (0.0008516%)
 Share Ownership in KB Bank          574,800 (0.0003059%)
                                                                                                  Affiliate Relations          None
 Affiliate Relations                 None

 *) No longer serves as a Bank Director as of 28 June 2024




Annual Report               2024                                                            81                                                      PT Bank KB Bukopin Tbk
Page 82
               Company Profile




Young Eun Moon *)                                                                                 Jung Ho Han
Director                                                                                          Director

 Age                                 59 years old                                                 Age                          53 years old

 Nationality                         South Korea                                                  Nationality                  Republic of Korea

 Domicile                            Seoul, Republic of Korea                                     Domicile                     Jakarta, Indonesia

 Legal Basis of the First            Deed of GMS Resolution No. 27 dated                          Legal Basis of the First     Deed of Extraordinary GMS Decision No.77 dated
 Appointment                         08 December 2021 (Period 2022-GMS 2024)                      Appointment                  January 31, 2023 (Period 2023- GMS of 2025)

 Legal Basis of the Recent                                                                        Legal Basis of the Recent
                                     -                                                                                         -
 Appointment                                                                                      Appointment

                                     •      Bachelor in Public Administration, Yonsei                                          •      Master of Science Management Engineering,
                                            University (1992)                                                                         Korea Advanced Institute of Science and
 Education Background
                                     •      Master of Public Administration, Yonsei               Education Background                Technology (2002)
                                            University, Korea (1993)                                                           •      Bachelor Degree in Business Administration,
                                                                                                                                      University of Korea (1999)
                                     •      General Manager (Digital Strategy Department
                                            KB Kookmin Bank (2018- 2019)                                                       •      Chief Financial Officer / General Manager, KB
                                     •      General Manager (Future IT Implementation                                                 Securities Co., Ltd. (2017-2022)
 Work Experience
                                            Department KB Kookmin Bank (2019)                                                  •      Team Leader / Associate/Senior Deputy General
                                                                                                  Work Experience
                                     •      CISO / Managing Director (Information Security                                            Manager, KB Financial Group Inc. (2008-2017)
                                            Division) KB Kookmin Bank (2020                                                    •      Associate of Strategic Planning Department /
                                                                                                                                      Branch, KB Kookmin Bank (1999-2006)
 Certifications                      Qualification 7 Risk Management Certification
                                                                                                  Certifications               Qualification 7 Risk Management Certification
 Concurrent Position                 None
                                                                                                  Concurrent Position          None
 Share Ownership in KB Bank          None
                                                                                                  Share Ownership in KB Bank   11,983,400 (0.0063780%)
 Affiliate Relations                 None
                                                                                                  Affiliate Relations          None
 *) No longer serves as a Bank Director as of 28 June 2024




Annual Report               2024                                                             82                                                     PT Bank KB Bukopin Tbk
Page 83
Jang Hyuk Im
Director

 Age                               49 years old

 Nationality                       Republic of Korea

 Domicile                          Jakarta, Indonesia

 Legal Basis of the First          Deed of Extraordinary GMS Decision No. 57 dated
 Appointment                       24 January 2024 (Period 2024-GMS 2026)

 Legal Basis of the Recent
                                   -
 Appointment

                                   •      Master of Business Administration, Korea
                                          Advanced Institute of Science and Technology
 Education Background                     (2002)
                                   •      Bachelor Degree in Electrical & Computer
                                          Engineering, Inha University, Korea (2002)

                                   •      Director, Investment Banking Group, KB
                                          Securities Co., Ltd (2021-2023)
                                   •      Team Head, Financial Planning Department, KB
 Work Experience
                                          Financial Group (2016-2021)
                                   •      Senior Vice President, Strategic Planning
                                          Department, Hyundai Securities (2014-2016)

 Certifications                    Qualification 7 Risk Management Certification

 Concurrent Position               None

 Share Ownership in KB Bank        None

 Affiliate Relations               None




Annual Report               2024                                                         83   PT Bank KB Bukopin Tbk
Page 84
          Company Profile




Chronology of Changes in the Board of Directors in 2024
Throughout 2024, there were changes in the composition of the Bank's Board of Directors with the following chronology:


        Composition as of               Composition as of                Composition as of
          1 January 2024                  28 June 2024                   31 December 2024
                                                                                                               Note


 Woo Yeul Lee                    Woo Yeul Lee                     Woo Yeul Lee
                                                                                                                  -
 President Director              President Director               President Director




 Robby Mondong                   Robby Mondong                    Robby Mondong
                                                                                                                  -
 Vice President Director         Vice President Director          Vice President Director




 Helmi Fahrudin                  Helmi Fahrudin                   Helmi Fahrudin
                                                                                                                  -
 Director                        Director                         Director




 Dodi Widjajanto                 Dodi Widjajanto                  Dodi Widjajanto
                                                                                                                  -
 Director                        Director                         Director




                                                                                                  Yohanes Suhardi does no longer
 Yohanes Suhardi
                                                                                                  serve as the Bank Director as of
 Director
                                                                                                  28 June 2024




 Henry Sawali                    Henry Sawali                     Henry Sawali
                                                                                                                  -
 Director                        Director                         Director




                                                                                                  Young Eun Moon does no longer
 Young Eun Moon
                                                                                                  serve as the Bank Director as of
 Director
                                                                                                  28 June 2024




 Jung Ho Han                     Jung Ho Han                      Jung Ho Han
                                                                                                                  -
 Director                        Director                         Director




 Jang Hyuk Im                    Jang Hyuk Im                     Jang Hyuk Im
                                                                                                                  -
 Director                        Director                         Director




Annual Report      2024                                       84                                         PT Bank KB Bukopin Tbk
Page 85
                       SENIOR EXECUTIVE OFFICER PROFILE


                       ZICO HERNAWAN
                       SEVP SALES DISTRIBUTION


                       Age                          40 years old


                       Domicile                     East Jakarta


                       In office since              September 2, 2024


                       Last Education               Postgraduate Master’s Degree


                       Previous Position            Consumer Product Div Head




                       SUNGSOO LIM
                       SEVP SPECIAL ASSET MANAGEMENT


                       Age                          51 years old


                       Domicile                     Jakarta


                       In office since              September 2, 2024


                       Last Education               Postgraduate Master’s Degree

                                                    ADVISOR STRATEGIC TRANSFORMATION SAM/
                       Previous Position
                                                    CRC IMPLEMENTATION




                       HANDOJO WIDODO
                       SAM V RETAIL DIVISION HEAD


                       Age                          59 years old


                       Domicile                     Jakarta


                       In office since              November 1, 2023


                       Last Education               Bachelor’s Degree


                       Previous Position            -




Annual Report   2024                       85                                      PT Bank KB Bukopin Tbk
Page 86
        Company Profile




                          DRS. RIDWAN W. JULIANTO
                          SAM IV SME DIVISION HEAD


                          Age                              57 years old


                          Domicile                         Jakarta


                          In office since                  August 28, 2023


                          Last Education                   Bachelor’s Degree


                          Previous Position                -




                          IRAWAN BARNAS
                          SAM II WHOLESALE DIVISION HEAD


                          Age                              51 years old


                          Domicile                         Jakarta


                          In office since                  October 1, 2023


                          Last Education                   Bachelor’s Degree


                          Previous Position                SPECIAL ASSET MANAGEMENT I DIVISION HEAD




                          AGUSTINUS IWAN CHRISTANTO
                          CORPORATE STRATEGY DIVISION HEAD


                          Age                              54 years old


                          Domicile                         Jakarta


                          In office since                  September 16, 2020


                          Last Education                   Postgraduate Master’s Degree


                          Previous Position                HEAD OF COMPANY STRATEGIC PLANNING DIVISION




Annual Report   2024                          86                                          PT Bank KB Bukopin Tbk
Page 87
                       HERY BUDI PRASETYO
                       RETAIL CREDIT FACTORY DIVISION HEAD


                       Age                             63 years old


                       Domicile                        Jakarta


                       In office since                 February 26, 2024


                       Last Education                  Bachelor’s Degree


                       Previous Position               -




                       JIN HO ROH
                       KOREAN LINK BUSINESS DIVISION HEAD


                       Age                             54 years old


                       Domicile                        Jakarta


                       In office since                 March 1, 2024


                       Last Education                  Bachelor’s Degree


                       Previous Position               -




                       GI TAE PARK
                       NEW BUSINESS SOLUTION DIVISION HEAD


                       Age                             52 years old


                       Domicile                        Jakarta


                       In office since                 March 1, 2024


                       Last Education                  Bachelor’s Degree


                       Previous Position               -




Annual Report   2024                       87                              PT Bank KB Bukopin Tbk
Page 88
        Company Profile




                          SEGON PARK
                          CORPORATE COMMUNICATION DIVISION HEAD


                          Age                             47 years old


                          Domicile                        Jakarta


                          In office since                 March 1, 2024


                          Last Education                  Postgraduate Master’s Degree


                          Previous Position               -




                          JUNG HWAN KIM
                          TREASURY & CAPITAL MARKET DIVISION HEAD


                          Age                             44 years old


                          Domicile                        Jakarta


                          In office since                 March 1, 2024


                          Last Education                  Bachelor’s Degree


                          Previous Position               -




                          TUTWURI ANGGARWANI. K
                          COMPLIANCE & QA DIVISION HEAD


                          Age                             50 years old


                          Domicile                        Jakarta


                          In office since                 October 3, 2022


                          Last Education                  Bachelor’s Degree


                          Previous Position               EVP INTERNAL CONTROL




Annual Report   2024                          88                                         PT Bank KB Bukopin Tbk
Page 89
                       BUDHI DHARMA
                       SAM III WHOLESALE DIVISION HEAD


                       Age                               52 years old


                       Domicile                          Jakarta


                       In office since                   October 1, 2023


                       Last Education                    Postgraduate Master’s Degree

                                                         SUPPORT TEAM FOR DPD & PORTFOLIO, CREDIT
                       Previous Position
                                                         DIRECTORATE




                       SEUNGCHUL YI
                       IT PLANNING & OPERATION DIVISION HEAD


                       Age                               52 years old


                       Domicile                          Jakarta


                       In office since                   February 1, 2024


                       Last Education                    Postgraduate Master’s Degree


                       Previous Position                 ADVISOR NGBS




                       EKO BRAMANTYO
                       FINANCE DIVISION HEAD


                       Age                               51 years old


                       Domicile                          Jakarta


                       In office since                   November 16, 2022


                       Last Education                    Postgraduate Master’s Degree


                       Previous Position                 -




Annual Report   2024                       89                                           PT Bank KB Bukopin Tbk
Page 90
        Company Profile




                          SONG MOO HUR
                          TRANSFORMATION DIVISION HEAD


                          Age                            51 years old


                          Domicile                       Jakarta


                          In office since                Bachelor’s Degree


                          Last Education                 Sarjana S1

                                                         ADVISOR TRANSFORMATION - BUSINESS PROCESS
                          Previous Position
                                                         RESTRUCTURING




                          HUSNUL KHATIMAH
                          MSME PRODUCT & BUSINESS SUPPORT DIVISION HEAD


                          Age                            45 years old


                          Domicile                       Jakarta


                          In office since                June 23, 2023


                          Last Education                 Bachelor’s Degree


                          Previous Position              SME PORTFOLIO & SUPPORT DEPARTMENT HEAD




                          ROBY ENDRAMA PURBA
                          INTERNAL AUDIT DIVISION HEAD


                          Age                            44 years old


                          Domicile                       Jakarta


                          In office since                February 1, 2022


                          Last Education                 Bachelor’s Degree


                          Previous Position              -




Annual Report   2024                          90                                    PT Bank KB Bukopin Tbk
Page 91
                       KANGHYEON LEE
                       DIGITAL DIVISION HEAD


                       Age                            44 years old


                       Domicile                       Jakarta


                       In office since                February 1, 2024


                       Last Education                 Bachelor’s Degree


                       Previous Position              DIGITAL DEVELOPMENT & SOLUTION DEPARTMENT HEAD




                       HAN MING
                       SME & COMMERCIAL CREDIT UNDERWRITING DIVISION HEAD


                       Age                            40 years old


                       Domicile                       Jakarta


                       In office since                May 15, 2024


                       Last Education                 Bachelor’s Degree


                       Previous Position              CREDIT UNDERWRITING DIVISION HEAD




                       HARIS BUDIMAN
                       IT DEVELOPMENT DIVISION HEAD


                       Age                            42 years old


                       Domicile                       Jakarta


                       In office since                October 3, 2022


                       Last Education                 Postgraduate Master’s Degree


                       Previous Position              NEW TECHNOLOGY DIVISION HEAD




Annual Report   2024                       91                                        PT Bank KB Bukopin Tbk
Page 92
        Company Profile




                          LILIK PANGESTU
                          SAM I DIVISION HEAD


                          Age                           59 years old


                          Domicile                      Jakarta


                          In office since               October 1, 2023


                          Last Education                Postgradute Master’s Degree


                          Previous Position             AYDA & PORTFOLIO BULK SALES DEPARTMENT HEAD




                          FEISEL MARTHA
                          CORPORATE BUSINESS DIVISION HEAD


                          Age                           58 years old


                          Domicile                      Jakarta


                          In office since               March 22, 2024


                          Last Education                Postgraduate Master’s Degree


                          Previous Position             WHOLESALE BUSINESS DIVISION HEAD




                          GAMARIDHA AKHIRUL AR
                          HUMAN CAPITAL DIVISION HEAD


                          Age                           43 years old


                          Domicile                      Jakarta


                          In office since               February 27, 2023


                          Last Education                Postgraduate Master’s Degree

                                                        HUMAN CAPITAL STRATEGY, POLICY & SERVICES DEPARTMENT
                          Previous Position
                                                        HEAD




Annual Report   2024                          92                                       PT Bank KB Bukopin Tbk
Page 93
                       DAVID SURYANADIPUTRA
                       REGIONAL HEAD VII


                       Age                      53 years old


                       Domicile                 Makassar


                       In office since          February 23, 2023


                       Last Education           Bachelor’s Degree


                       Previous Position        BRANCH MANAGER JAKARTA SAHARJO




                       ELISABETH SUSILOWATI
                       REGIONAL HEAD V


                       Age                      57 years old


                       Domicile                 Surabaya


                       In office since          August 15, 2024


                       Last Education           Bachelor’s Degree


                       Previous Position        -




                       ESTHER
                       REGIONAL HEAD IV


                       Age                      50 years old


                       Domicile                 Semarang


                       In office since          May 20, 2024


                       Last Education           Bachelor’s Degree


                       Previous Position        -




Annual Report   2024                       93                             PT Bank KB Bukopin Tbk
Page 94
        Company Profile




                          IRENE INDRAWATY KESUMA
                          REGIONAL HEAD III


                          Age                      46 years old


                          Domicile                 Bandung


                          In office since          January 9, 2024


                          Last Education           Bachelor’s Degree


                          Previous Position        -




                          ADI HARIANTO
                          REGIONAL HEAD VI


                          Age                      45 years old


                          Domicile                 Medan


                          In office since          January 24, 2024


                          Last Education           Bachelor’s Degree


                          Previous Position        -




Annual Report   2024                          94                       PT Bank KB Bukopin Tbk
Page 95
                       DIDI SUDIRA
                       REGIONAL HEAD II


                       Age                      50 years old


                       Domicile                 Jakarta


                       In office since          February 27, 2023


                       Last Education           Bachelor’s Degree


                       Previous Position        BRANCH MANAGER JAKARTA S.PARMAN




                       ANDHY ZAKARIA
                       REGIONAL HEAD I


                       Age                      36 years old


                       Domicile                 Jakarta


                       In office since          September 1, 2024


                       Last Education           Bachelor’s Degree


                       Previous Position        BRANCH MANAGER JAKARTA SAHARJO




Annual Report   2024                       95                             PT Bank KB Bukopin Tbk
Page 96
             Company Profile




HUMAN RESOURCES


KB Bank views that Human Resources (HR) have a crucial role in carrying out business activities to improve the Bank's performance.
In order to realize the commitment to maintain operational effectiveness and quality, KB Bank carries out HR management aimed at
improving the competence and capabilities of all employees. KB Bank strives to create a conducive work environment. Each individual
can develop and contribute optimally to achieve common goals.

Employee Demographics
As of December 31, 2024, KB Bank has 2,898 employees, an increase of 10.70% compared to the number of employees as of December
31, 2023, amounted to 2,618 employees. The increase is more due to the needs of business and operational growth. However, in line
with the targets and plans for HR management, the Bank will increase the productivity and effectiveness of employee performance
in the future. Therefore, there is no increase in the Bank's HR.

Number of Employees by Organizational Level

                      Table of Number of Employees by Organizational Level for the 2024-2023 Period
                                                            (in person units)
                                                  2024                                                        2023
    Organizational
        Level               Male         Female          Total              %           Male         Female           Total         %

 Division Head
                                    22             2              24             0,83           15            2                17     0.65%
 EVP SVP
 Regional Head
                                    4              3               7             0,24            3             1               4      0.15%
 SVP REG BISNIS
 Dept Head VP                       59            19              78             2,69           53            10               63     2.41%
 Branch Manager                     29            11              40             1,38           29            6                35     1.34%
 Manager                           331         141               472            16,29          296        122                 418     1.34%
 Coordinator                       124         146               270             9,32          108        112                 220     8.40%
 Officer                           583        620            1.203              41,51          430        317                 747    28.53%
 Clerical                          454        350                804            27,74          570        544             1.114      42.55%
 Non Staff                          0              0               0                0           0             0                0         0
 Total                         1.606         1.292          2.898           100,00%       1.504          1.114           2.618      100,00%



Number of Employees based on Education Level

                          Number of Employees based on Education Level fot the 2024-2023 Period
                                                            (in person units)

                                                  2024                                                        2023
  Level of Education
                            Male         Female          Total              %           Male         Female           Total         %

 SMA                                7             6               13             0,45           8             6                14     0.53%
 Diploma - Sarjana             1.501         1.241           2.742              94,62      1.375         1.057           2.432       92.90%
 Pasca Sarjana -
                                   98             45             143             4,93          121            51              172     6.57%
 Doktoral
 Total                         1.606         1.292          2.898           100,00%       1.504          1.114           2.618      100,00%




Annual Report      2024                                                96                                            PT Bank KB Bukopin Tbk
Page 97
Number of Employees based on Employment Status

                    Table of Number of Employees based on Employment Status for the 2024-2023 Period
                                                            (in person units)

      Status                                      2024                                                        2023
    Employement
      Status                Male         Female          Total              %           Male         Female           Total         %


Permanent Employees            1.363         1.007          2.370               81.78      1.247          917             2.164      82.66%

Non-permanent
                                   243        285                528            18.22          257        197                 454    17.34%
Employee (Contract)
Total                          1.606         1.292          2.898           100,00%       1.504          1.114           2.618      100,00%



Number of Employees by Age Range

                           Table of Number of Employees by Age Range for the 2024-2023 Period
                                                            (in person units)

                                                  2024                                                        2023
        Age Range
                            Male         Female          Total              %           Male         Female           Total         %
20-24 years old                    120        209                329            11,35           73        100                 173     6.61%
25-29 years old                    294        339                633            21,84          258        322                 580    22.15%
30-34 years old                    344        274                618            21,33          386        264                 650    24.83%
35-39 years old                    380        215                595            20,53          341        188                 529    20.21%
40-44 years old                    246        152                398            13,73          238        142                 380    14.51%
45-49 years old                    132            78             210             7,25          123            79              202     7.72%
50-54 years old                     70            20             90              3,11           75            18               93     0.04%
>55 years old                       20             5              25            0,86            10             1               11    0.004%
Total                          1.606         1.292          2.898           100,00%       1.504          1.114           2.618      100,00%



Number of Employees based on Years of Service

                      Table of Number of Employees based on Years of Service for the 2024-2023 Period
                                                            (in person units)

                                                  2024                                                        2023
  Years of Service
                            Male         Female          Total              %           Male         Female           Total         %

< 5 years                          756        740           1.496               51,62          576        508            1.084       41.41%

> 5-10 years                       254         177               431            14,87          370        241                 611    23.34%

> 10-15 years                      344        186                530            18,29          299        161                 460    17.57%

> 15-20 years                      127            93             220             7,59          133        106                 239     9.13%

> 20-25 years                       74            74             148             5,11           77            66              143     5.46%

> 25-30 years                       41            19             60              2,07           35            23               58     2.22%

> 30 years                          10             3              13             0,45           14             9               23     0.88%

Total                          1.606         1.292          2.898           100,00%       1.504          1.114           2.618      100,00%



Annual Report     2024                                                 97                                            PT Bank KB Bukopin Tbk
Page 98
              Company Profile




Competency Development

Competency Development Policies

The Bank ensures the need for human resources with adequate competencies. The design of human capital training and development
is aligned with the Bank's strategy so that all programs/activities can be carried out efficiently, effectively, and integrated to support
the improvement of the Bank's performance.

This following is the initiatives to support the implementation of the bank's business strategy, especially in the Good Bank concept,
various initiatives have been prepared as follows:
a. Sharpening the Education and Training Program
    Alignment of training content with the direction of the bank's business strategy policy, with a focus on implementing the Good
    Bank concept.
b. Strengthening basic training for all employees by adding Anti-Money Laundering and Counter Terrorism Funding (AML CFT) and
    Anti-Fraud modules that must be followed by all levels of employees.
c. As part of the initiative to transfer the role of supporting officers to business officers, the bank also provides training that
    includes product understanding, improving sales skills, and credit and funding aspects. Development of Training implementation
    techniques are as follows:
    • Development of learning methods both online through e-learning or online meeting platforms and offline training.
    • Development of Trainers/Facilitators from Internal KB Bank.
    • Digitalization of evaluation methods for education and training activities by developing a Learning Management System.
d. Preparation of Talent and Successor Development Programs
    • Identification and development of successor competencies.
    • Identify and implement a more structured and strategic Next Generation Talent Program (NGTP).

The implementation of mandatory training for each job level in 2024 is as follows:


 Level Position                                Training Program                                Training Objectives        Total Participants

                     •     Rupiah Payment Management System (SPPUR) Certification
                     •     Risk Management Certification Level 4-7
                     •     Treasury Dealer Certification
                     •     Auditor Certification
                     •     Compliance Certification
                                                                                           Competency Improvement and
 All Levels          •     Mutual Fund Sales Agent Representative (WAPERD) Certification                                        5,910
                                                                                           Regulatory Policy Compliance
                     •     Securities Broker Representative (WPPE) Certification
                     •     APU PPT
                     •     IT Awareness
                     •     Certified Office Channelling
                     •     Human Capital Certification
                     •     Rupiah Payment Management System (SPPUR) Certification
                     •     Risk Management Certification Level 4
                     •     Treasury Dealer Certification                                   Competency Improvement and
 Staff                                                                                                                          4,007
                     •     AML CFT                                                         Regulatory Policy Compliance
                     •     IT Awareness
                     •     Certified Office Channelling
                     •     Rupiah Payment Management System (SPPUR) Certification
                     •     Risk Management Certification Level 5-7
 Coordinator,        •     Treasury Dealer Certification
 Manager,            •     Auditor Certification
 Department          •     Compliance Certification                                        Competency Improvement and
                                                                                                                                2,144
 Head, Division      •     Mutual Fund Sales Agent Representative (WAPERD) Certification   Regulatory Policy Compliance
 Head, Directors,    •     Securities Broker Representative (WPPE) Certification
 Commissioners       •     AMU CFT
                     •     IT Awareness
                     •     Human Capital Certification




Annual Report       2024                                              98                                             PT Bank KB Bukopin Tbk
Page 99
 Level Position                                  Training Program                               Training Objectives        Total Participants

 Relationship
                      •     Mutual Fund Sales Agent Representative (WAPERD) Certification
 Banking
                      •     Securities Broker Representative (WPPE) Certification           Competency Improvement and
 Officer, Priority                                                                                                                413
                      •     AML CFT                                                         Regulatory Policy Compliance
 Banking
                      •     IT Awareness
 Officer
                      •     Risk Management Certification Levels 4-7
 Treasury
                      •     Treasury Dealer Certification
 Function                                                                                   Competency Improvement and            47
                      •     AML CFT                                                         Regulatory Policy Compliance
 Employee
                      •      IT Awareness
                      •     Risk Management Certification Level 4-6
 HR function          •     Human Capital Certification                                     Competency Improvement and
                                                                                                                                  144
 employee             •     AML CFT                                                         Regulatory Policy Compliance
                      •     IT Awareness
                      •     Rupiah Payment Management System (SPPUR) Certification
 Operational
                      •     Risk Management Certification Level 4-6                         Competency Improvement and
 function                                                                                                                         591
                      •     AML CFT                                                         Regulatory Policy Compliance
 employee
                      •     IT Awareness
                      •     Rupiah Payment Management System (SPPUR) Certification
                      •     Risk Management Certification Level 4-7
                      •     Treasury Dealer Certification
                      •     Auditor Certification
                      •     Compliance Certification
                                                                                            Competency Improvement and
 All employees        •     Mutual Fund Sales Agent Representative (WAPERD) Certification                                        2898
                                                                                            Regulatory Policy Compliance
                      •     Securities Broker Representative (WPPE) Certification
                      •     AML CFT
                      •     IT Awareness
                      •     Certified Office Channelling
                      •     Human Capital Certification
                      •     IT Awareness
 Credit Function                                                                            Competency Improvement and
                      •     Risk Management Certification Levels 4-7                                                              871
 Employees                                                                                  Regulatory Policy Compliance
                      •     AML CFT
                      •     Rupiah Payment Management System (SPPUR) Certification
                      •     Risk Management Certification Level 5-7
                      •     Treasury Dealer Certification
                      •     Auditor Certification
 Managerial Level     •     Compliance Certification                                        Competency Improvement and
                                                                                                                                  369
 Employees            •     Mutual Fund Sales Agent Representative (WAPERD) Certification   Regulatory Policy Compliance
                      •     Securities Broker Representative (WPPE) Certification
                      •     AML CFT
                      •     IT Awareness
                      •     Human Capital Certification



Realization of Training and Competency Development Costs
According to the Decree of the Directors of Bank Indonesia No. 31/310/KEP/DIR/1999 concerning the Provision of Funds for the
Development of the Quality of Human Resources of Commercial Banks, that Banks are required to provide education funds (BPL) of
at least 3.5% of the current year's HR expenditure budget/Labor Costs (BTK).

The Bank has realized education and training costs in 2024 of IDR 30,216,501,131,- which is 13% of the 2024 Training Budget




Annual Report        2024                                              99                                             PT Bank KB Bukopin Tbk
Page 100
          Company Profile




INFORMATION OF SHAREHOLDERS COMPOSITION


                                           KB Bank Share Ownership
                                                As of 1 January 2024

       Share Ownership      Number of Shareholders               Number of Shares             Ownership Percentage %
NATIONAL INVESTOR
Indonesian Individuals                          73.808                      18.642.139.484                         9.92%

Cooperatives                                         30                       905.628.839                         0.48%

Cooperatives                                           3                         4.621.314                        0.00%

Pension Fund                                          9                         18.236.042                         0.01%

Insurance                                             4                         11.702.999                         0.01%

Bank                                                   2                        11.702.999                         0.01%

Limited Company                                      145                     4.412.078.401                         2.35%

Mutual Funds                                          4                         35.541.900                         0.02%

SUBTOTAL                                        74.005                       24.049.611.199                       12.80%

FOREIGN INVESTOR
Foreign Individuals                                  83                        119.260.685                        0.06%

Foreign Corporation                                   97                   163.718.667.986                        87.14%

SUBTOTAL                                             180                   163.837.928.671                         87.20

TOTAL                                           74.185                    187.887.539.870                          100%



                                           KB Bank Share Ownership
                                              as of 31 December 2024

       Share Ownership      Number of Shareholders               Number of Shares             Ownership Percentage %
NATIONAL INVENTOR
Indonesian Individuals                           71.218                     22.048.104.315                        11.73%

Cooperatives                                         30                       905.628.839                         0.48%

Foundation                                             2                         3.099.962                        0.00%

Pension Fund                                          8                         18.028.342                         0.01%

Insurance                                              5                        16.830.900                         0.01%

Bank                                                   2                        17.594.220                         0.01%

Limited Company                                      138                     4.515.688.346                         2.40%

Mutual Funds                                           1                        13.570.000                        0.00%

SUBTOTAL                                        71.404                      27.538.544.924                        14.66%

FOREIGN INVESTOR
Foreign Individuals                                  95                        168.810.385                        0.90%

Foreign Corporation                                   59                   160.180.184.561                        85.25%

SUBTOTAL                                             154                   160.348.994.946                        84.34%

TOTAL                                           71.558                    187.887.539.870                          100%




Annual Report     2024                                     100                                    PT Bank KB Bukopin Tbk
Page 101
Composition Of The 20 Largest Shareholders

                                     Composition of the 20 Largest Shareholders of KB Bank
                                                        as of 1 January 2024

          Shareholders’ Name                    Number of Shares           Percentage of Ownership %          Status
Kookmin Bank Co, Ltd.                                    125,655,736,951                      66.88%    Foreign Corporation

STIC Eugene Star Holding Inc                             31,900,000,000                        16.98%   Foreign Corporation

PT Jasa Investindo                                         1,164,017,200                       0.62%      Limited Company

JPMCB NA RE - Vanguard Emerging Markets
                                                           1,049,160,910                       0.56%    Foreign Corporation
Stock Index Fund
Bank of Singapore Limited                                   947,805,600                        0.50%    Foreign Corporation

JPMCB NA RE-Vanguard Total International
                                                           939,060,826                         0.50%    Foreign Corporation
Stock Index Fund
PT Perusahaan Pengelola Aset (Persero)                      678,875,412                        0.35%      Limited Company

KB Finansia Multi Finance. PT                              540,000,000                         0.29%      Limited Company

Koperasi Perkayuan APKINDO-MPI (KOPKAP
                                                            460,783,125                        0.25%        Cooperative
INDO)
JPMCB NA RE-Vanguard Fiduciary Trust
                                                            443,073,760                         0.24%   Foreign Corporation
Company Institutional Total International
General Resources Asia Limited                             436,038,500                         0.23%    Foreign Corporation

New Luck Holdings Limited                                   432,195,995                        0.23%    Foreign Corporation

Heru Budihartono                                            370,440,900                        0.20%    Indonesian Individual

PPA Investasi Efek (AFS)                                    360,093,219                         0.19%     Limited Company

KB Valbury Sekuritas. PT                                   360,000,000                          0.19%     Limited Company

Koperasi Simpan Pinjam Jasa                                 347,476,000                         0.18%       Cooperative

JPMCB NA RE - Blackrock INST TR CO N A
                                                           305,864,844                          0.16%   Foreign Corporation
Investment FDS For Employee Benefit Trust
BNYM RE VANGUARD FTSE ALL-WRLD EX-US
                                                            279,239,673                         0.15%   Foreign Corporation
SML
Alex Lissan                                                 217,500,000                         0.12%   Indonesian Individual

DRH. Allen Marbun                                          200,338,986                          0.11%   Indonesian Individual




                                     Composition of the 20 largest Shareholders of KB Bank
                                                       as of 31 December 2024

          Shareholders’ Name                    Number of Shares           Percentage of Ownership %          Status
Kookmin Bank Co, Ltd.                                    125,655,736,951                      66.88%           Foreign Corporation

STIC Eugene Star Holding Inc                             31,900,000,000                        16.98%          Foreign Corporation

PT Jasa Investindo                                         1,164,017,200                       0.62%             Limited Company

Bank of Singapore Limited                                   947,805,600                        0.50%           Foreign Corporation

PT Perusahaan Pengelola Aset (PERSERO)                      678,875,412                        0.36%             Limited Company

KB Finansia Multi Finance. PT                              540,000,000                         0.29%             Limited Company

Koperasi Perkayuan APKINDO-MPI (KOPKAP
                                                            460,783,125                        0.25%                   Cooperative
INDO)




Annual Report     2024                                         101                                      PT Bank KB Bukopin Tbk
Page 102
         Company Profile




                                      Composition of the 20 largest Shareholders of KB Bank
                                                        as of 31 December 2024

          Shareholders’ Name                     Number of Shares           Percentage of Ownership %           Status
General Resources Asia Limited                              436,038,500                           0.23%         Foreign Corporation

New Luck Holdings Limited                                    432,195,995                          0.23%         Foreign Corporation

Heru Budihartono                                             370,440,900                         0.20%         Indonesian Individual

PPA Investasi Efek (AFS)                                     360,093,219                          0.19%            Limited Company

KB Valbury Sekuritas. PT                                    360,000,000                           0.19%            Limited Company

Koperasi Simpan Pinjam Jasa                                  347,476,000                          0.18%                  Cooperative

Ki Sun Seo                                                   244,455,300                          0.13%        Indonesian Individual

Alex Lissan                                                  218,510,000                          0.12%        Indonesian Individual

PT Berlian Tambang Indonesia                                 201,329,300                          0.11%            Limited Company

DRH. Allen Marbun                                           200,338,986                           0.11%        Indonesian Individual

Nurwati B.                                                   195,590,600                          0.10%        Indonesian Individual

Go Kiong Hwoo                                                193,576,200                          0.10%        Indonesian Individual

BCSL Client A/C PB Cayman Clients                           180,344,200                           0.10%         Foreign Corporation




Composition of Shareholders with Share Ownership of 5% or more

                                 Composition of Shareholders with Share Ownership of 5% or more
                                                         as of 1 January 2024

          Shareholders’ Name                     Number of Shares            Percentage of Ownership            Status
Kookmin Bank Co, Ltd.                                     125,655,736,951                       66.88%          Foreign Corporation

STIC Eugene Star Holdings Inc.                            31,900,000,000                        16.98%          Foreign Corporation




                                 Composition of Shareholders with Share Ownership of 5% or more
                                                        as of 31 December 2024

          Shareholders’ Name                     Number of Shares            Percentage of Ownership            Status
Kookmin Bank Co, Ltd.                                     125,655,736,951                       66.88%          Foreign Corporation

STIC Eugene Star Holdings Inc.                            31,900,000,000                        16.98%          Foreign Corporation




Composition of Shareholders with Ownership of Less than 5%

                           Composition of Shareholders with Ownership of Less than 5% of Bank Shares
                                                         as of 1 January 2024

          Shareholders’ Name                     Number of Shares            Percentage of Ownership            Status
Indonesian Individual                                             73,808                  18,642,139,484                      9.92%

Cooperative                                                           30                    905,628,839                       0.48%

Foundation                                                             3                       4,621,314                      0.00%

Pension Fund                                                           9                     18,236,042                       0.01%




Annual Report     2024                                          102                                        PT Bank KB Bukopin Tbk
Page 103
                         Composition of Shareholders with Ownership of Less than 5% of Bank Shares
                                                         as of 1 January 2024

            Shareholders’ Name                Number of Shares              Percentage of Ownership                 Status
Insurance                                                             4                       11,702,999                         0.01%

Bank                                                                   2                      19,662,220                         0.01%

Limited Company                                                      145                   4,412,078,401                         2.35%

Mutual Funds                                                          4                       35,541,900                         0.02%

Sub Total                                                         74,005                  24,049,611,199                        12.80%
FOREIGN
Foreign Individual                                                   83                     119,260,685                          0.06%

Foreign Corporation                                                  95                    6,162,931,035                         3.28%

Sub total                                                           178                    6,282,191,720                         3.34%
Total                                                             74,183                 30,331,802,919                         16.14%



                         Composition of Shareholders with Ownership of Less than 5% of Bank Shares
                                                        as of 31 December 2024

                Shareholders               Number of Shareholders                Number of Shares          Percentage of Ownership %
Indonesian Individual                                             71,218                  22,048,104,315                         11.73%

Cooperative                                                          30                     905,628,839                          0.48%

Foundation                                                             2                      3,099,962                          0.00%

Pension Fund                                                          8                      18,028,342                          0.01%

Insurance                                                              5                     16,830,900                          0.01%

Bank                                                                   2                      17,594,220                         0.01%

Limited Company                                                     138                    4,515,688,346                         2.40%

Mutual Funds                                                           1                     13,570,000                          0.00%

Sub Total                                                         71,404                 27,538,544,924                         14.64%
FOREIGN
Foreign Individual                                                   95                     168,810,385                          0.90%

Foreign Corporation                                                   57                   2,624,447,610                         1.39%

Sub total                                                           152                    2,793,257,995                         2.29%
Total                                                             71,556                 30,331,802,919                         16.93%



Share Ownership by the Board of Commissioners and Directors

                      Share Ownership by Members of the Bank’s Board of Commissioners and Directors
                                                         as of 1 January 2024
                                                                                                            Percentage of Ownership
            Name of Shareholder                    Position                      Number of Shares
                                                                                                                       %
Board of Commissioners
Jerry Marmen                             President Commissioner                                        -                               -

                                         Deputy President
Seng Hyup Shin                                                                                2,300,000                      0.0012241%
                                         Commissioner
Nanang Supriyatno                        Commissioner                                                  -                               -

Tippy Joesoef                            Independent Commissioner                                      -                               -

Hae Wang Lee                             Independent Commissioner                                      -                               -




Annual Report     2024                                          103                                           PT Bank KB Bukopin Tbk
Page 104
             Company Profile




                            Share Ownership by Members of the Bank’s Board of Commissioners and Directors
                                                                                   as of 1 January 2024
                                                                                                                                   Percentage of Ownership
             Name of Shareholder                                           Position                       Number of Shares
                                                                                                                                              %
 Stephen Liestyo                                             Independent Commissioner                                          -                             -

 Sukriansyah S. Latief*                                      Independent Commissioner                                          -                             -

 Eugene K Galbraith**                                        Independent Commissioner                                          -                             -

 Directors
 Woo Yeul Lee                                                President Director                                        8,500,000                  0.0045240%

 Robby Mondong                                               Vice President Director                                   1,107,000                 0.0005892%

 Helmi Fahrudin                                              Directors                                                   482,951                  0.0002570%

 Dodi Widjajanto                                             Directors                                                 1,000,088                  0.0005323%

 Yohanes Suhardi***                                          Directors                                                   574,800                 0.0003059%

 Henry Sawali                                                Directors                                                  200,000                   0.0001064%

 Young Eun Moon****                                          Directors                                                         -                             -

 Jung Ho Han                                                 Directors                                                         -                             -

 Jang Hyuk Im                                                Directors                                                         -                             -
 * ) No longer serves as Independent Commissioner of the Bank as of 28 June 2024
 ** ) No longer serves as Independent Commissioner as of 28 June 2024
 *** ) No longer serves as Director of the Bank as of 28 June 2024
 **** ) No longer serves as Director of the Bank as of 28 June 2024




                            Share Ownership by Members of the Bank’s Board of Commissioners and Directors
                                                                               as of 31 December 2024
                                                                                                                                   Percentage of Ownership
             Name of Shareholder                                           Position                       Number of Shares
                                                                                                                                              %
 Board of Commissioners
 Jerry Marmen                                                President Commissioner                                            -                             -

 Seng Hyup Shin                                              Deputy President Commissioner                             2,300,000                  0.0012241%

 Nanang Supriyatno                                           Commissioner                                                      -                             -

 Tippy Joesoef                                               Independent Commissioner                                          -                             -

 Hae Wang Lee                                                Independent Commissioner                                          -                             -

 Stephen Liestyo                                             Independent Commissioner                                          -                             -

 Directors
 Woo Yeul Lee                                                President Director                                       11,800,000                 0.0062804%

 Robby Mondong                                               Vice President Director                                   5,107,000                  0.0027181%

 Helmi Fahrudin                                              Directors                                                 2,483,951                  0.0013220%

 Dodi Widjajanto                                             Directors                                                 2,000,088                  0.0010645%

 Henry Sawali                                                Directors                                                 1,600,000                  0.0008516%

 Jung Ho Han                                                 Directors                                                11,983,400                  0.0063780%

 Jang Hyuk Im                                                Directors                                                         -                             -


Purchase/Sales of Shares for the Board of
Commissioners and the Board of Directors
In accordance with Financial Services Authority Regulation No.11/POJK.04/2017 regarding Ownership Reports or Any Changes in
Ownership of Public Company Shares, each member of the Board of Commissioners and Directors is required to submit information
to the Bank regarding ownership and any changes in ownership of Bank shares.

As for 2024, the Bank has reported to the Financial Services Authority transactions for the purchase and/or sale of shares Bank owned
by the Board of Directors, with the following details:

Annual Report           2024                                                             104                                         PT Bank KB Bukopin Tbk
Page 105
                                                              Number          Number of                      Number of
                                                                                                                            Transaksi
                                                             of Shares        Purchase/       Share Price   Shares After
 No       Name              Position     Transactions                                                                      Transaction        Reporting
                                                               Before            Sales           (IDR)      Transaction
                                                                                                                              Date
                                                            Transaction        (shares)                       (shares)

                        President
1     Woo Yeul Lee                       -              -                 -               -                 -              -              -
                        Director

                        Vice President
2     Robby Mondong                      -              -                 -               -                 -              -              -
                        Director

3     Helmi Fahrudin    Directors        -              -                 -               -                 -              -              -

                                                                                                                                          Reported to OJK
                                                                                                                                          through letter No.
4     Dodi Widjajanto   Directors        Purchase       1.000.088         1.000.000       56                2.000.088      July 3, 2024   14620/SKPR/
                                                                                                                                          VII/2024 dated July
                                                                                                                                          3, 2025.

                                                                                                                                          Reported to OJK
                                                                                                                                          through letter No.
5     Henry Sawali      Directors        Purchase       200.000           1.400.000       50                1.600.000      July 3, 2024   14675/SKPR/
                                                                                                                                          VII/2024 dated July
                                                                                                                                          5, 2025.

                                                                                                                                          Reported to OJK
                                                                                                                                          through letter No.
6     Helmi Fahrudin    Directors        Purchase       482.951           2.000.000       54                2.482.951      July 5, 2024   14774/SKPR/
                                                                                                                                          VII/2024 dated July
                                                                                                                                          5, 2025.

                                                                                                                                          Reported to OJK
                                                                                                                                          through letter No.
                        President
7     Woo Yeul Lee                       Purchase       8.500.000         3.300.000       55                11.800.000     July 5, 2024   14970/SKPR/
                        Director
                                                                                                                                          VII/2024 dated July
                                                                                                                                          8, 2025.

                                                                                                                                          Reported to OJK
                                                                          2.000.000                                                       through letter No.
                                                                                                                           July 5, 2024
 8    Jung Ho Han       Directors        Purchase       0                                 55                3.633.100                     18944/SKPR/
                                                                                                                           July 6, 2024
                                                                          1.633.100                                                       VIII/2024 dated
                                                                                                                                          August 7, 2025.

                                                                                                                                          Reported to OJK
                                                                          6.849.300       73                                              through letter No.
                                                                                                                           August 23,
 9    Jung Ho Han       Directors        Purchase       3.633.100                                           10.483.400                    21282/SKPR/
                                                                                                                           2024
                                                                          1.000           64                                              VIII/2024 dated
                                                                                                                                          August 23, 2025.

                                                                                                                                          Reported to OJK
                                                                                                                                          through letter No.
                                                                                                                           August 26,
 10   Helmi Fahrudin    Directors        Purchase       2.482.951         1.000           54                2.483.951                     22687/SKPR/
                                                                                                                           2024
                                                                                                                                          IX/2024 dated
                                                                                                                                          September 3, 2025.

                                                                                                                                          Reported to OJK
                                                                                                                                          through letter No.
                                                                                                                           September 9,   23806/SKPR/
 11   Jung Ho Han       Directors        Purchase       10.483.400        1.500.000       65                11.983.400
                                                                                                                           2024           IX/2024 dated
                                                                                                                                          September 10,
                                                                                                                                          2025.




Annual Report        2024                                                     105                                                PT Bank KB Bukopin Tbk
Page 106
            Company Profile




Share Listing and/or Issuance Chronology

                                                             Share Listing and/or Issuance Chronology
                                                                                                                                Issued and Paid-Up Capital
                                    Corporate          Price Nominal    Offering Price      Published
     No.         Date                                                                                                                 Total Nominal          Total Offering
                                     Action                 (IDR)           (IDR)         Share Amount           Stock Amount
                                                                                                                                        Value(IDR)            Price (IDR)
                                  iInitial Public
1          30 June 2006                                           100               350          843,765,500         5,603,765,550        84,376,550,000        295,317925,000
                                  Offering

           30 exchange
2          days since July        MSOP                            100               370           47,864,000         5,651,629,550        47,864,000,000         17,709,680,000
           10, 2007

           30 exchange
           days since
3                                 MSOP                            100               370           39,370,500         5,691,000,050        39,370,500,000         14,567,085,000
           November 1,
           2007

           30 exchange
4          days since July        MSOP                            100               370              740,500         5,691,740,550           740,500,000            273,985,000
           10, 2008

           30 exchange
           days since
5                                 MSOP                            100               370              780,500         5,692,521,050           780,500,000           288,785,000
           November 1,
           2008

           30 exchange
6          days since July        MSOP                            100               370             7,156,500         5,699,677550         7,156,500,000          2,647905,000
           10, 2009

           30 exchange
           days since
7                                 MSOP                            100               370            1,092,000         5,700,769,550         1,092,000,000           404,040,000
           November 1,
           2009

           November 26,           Limited Public
8                                                                 100               415          286,050,768         5,986,820,318        28,605,076,800        118,711,068,720
           2009                   Offering (PUT) I

           30 exchange
9          days since July        MSOP                            100               370           129,687500          6,116,507,818      129,687500,000          47,984,375,000
           10, 2010

           30 exchange
           days since
10                                MSOP                            100               370           16,254,500          6,132,762,318       16,254,500,000          6,014,165,000
           November 1,
           2010

                                  Limited Public
11         January 26, 2011                                       100               520         1,787,960,495         7,920,722,813      178,796,049,500        929,739,457,400
                                  Offering (PUT) II

           30 exchange
                                                                                                                                                                 4,700,850,000
12         days since July        MSOP                            100               370           12,705,000          7,933,427,813       12,705,000,000
           10, 2011

           30 exchange
           days since
13                                MSOP                            100               370              269,000         7,933,696,813          269,000,000             99,530,000
           November 1,
           2011

           30 exchange
14         days since July        MSOP                            100               370           14,346,000         7,948,042,813        14,346,000,000         5,308,020,000
           10, 2012

           30 exchange
           days since
15                                MSOP                            100               370              680,500          7,948,723,313         680,500,000             251,785,000
           November 1,
           2012

           30 exchange
                                                                                                                      7,949,075,813
16         days since             MSOP                            100               370              352,500                                 352,500,000            130,425,000
           January 2, 2013

           30 exchange
17         days since May         MSOP                            100               370            9,954,500         7,959,030,313         9,954,500,000          3,683,165,000
           25, 2013

                                  Limited Public
18         January 7, 2014                                        100              660           1,106,252,141       9,065,282,454        110,625,214,100       730,126,413,000
                                  Offering (PUT) III

                                  Limited Public
19         July 27, 2018                                          100               570        2,565,288,316         11,651,908,748      256,528,831,600       1,462,214,340,120
                                  Offering (PUT) IV

                                  Limited Public
20         July 30, 2020                                          100               180        4,660,763,499         16,312,672,247      466,076,349,900        838,937,429,820
                                  Offering (PUT) V

           September 21,          Private                                                                                               1,636,057,894,700
21                                                                100               190        16,360,578,947        32,673,251,194                           3,108,509,999,930
           2020                   Placement




Annual Report              2024                                                          106                                                    PT Bank KB Bukopin Tbk
Page 107
                                                        Share Listing and/or Issuance Chronology
                                                                                                                      Issued and Paid-Up Capital
                                Corporate         Price Nominal    Offering Price      Published
  No.         Date                                                                                                          Total Nominal          Total Offering
                                 Action                (IDR)           (IDR)         Share Amount      Stock Amount
                                                                                                                              Value(IDR)            Price (IDR)
         November 8,          Limited Public
 22                                                          100              200    35,214,288,984        67,887,540,178    7,000,000,000,000      7,042,857,796,800
         2021                 Offering (PUT) VI

                              Limited Public
 23      May 5, 2023          Offering (PUT)                 100               100   119,999,999,692      187,887,539,870   18,999,999,969,200     11,999,999,969,200
                              VII




Chronology of Share Issuance
In July 2006, the Bank conducted an Initial Public Offering of                          On 20 December 2010, the Bank submitted a Registration Statement
843,765,500 Series B shares with a nominal value of IDR 100 (full                       in connection with the Limited Public Offering II to BAPEPAM-LK
value) per share with a selling price of IDR 350 (full value) per                       via letter No. 11754/DIR/XII/2010 in the context of issuing Pre-
share to the public through the capital market in accordance with                       emptive Rights (HMETD) to shareholders. The shares offered are
applicable statutory provisions. This Initial Public Offering of                        2,051,366,765 new class B ordinary shares (“New Shares”) with a
Series B shares to the public has received an effective statement                       nominal value of IDR 100 (full value) per share with an offering
from BAPEPAMLK through letter No.S-825/BL/2006 dated 30 June                            price of IDR 520 (full value) per share.
2006. The shares offered began trading on the Indonesia Stock
Exchange on 10 July 2006 and at the same time 99% of the Bank’s                         The Bank obtained an effective statement from BAPEPAM-LK
shares were also listed. All class A shares of 0.31% and class B                        to conduct Limited Public Offering II through letter No. S-771/
shares of 0.69% owned by Kopelindo and Kopkapindo respectively                          BL/2011 dated 26 January 2011. On 26 January 2011, the Bank held
were proportionally not listed in order to comply with government                       an Extraordinary General Meeting of Shareholders to approve the
regulations.                                                                            implementation of Limited Public Offering II for the purpose of
                                                                                        issuing HMETD. Limited Public Offering II was held on 10 February
On 26 October 2009, the Bank submitted a Registration Statement                         2011-17 February 2011. The amount of funds obtained from the
in connection with the Limited Public Offering I to BAPEPAM-LK                          Limited Public Offering II amounted to IDR 929.74 billion (for
via letter No. 7548/DIR/X/2009 in the context of issuing Pre-                           1,787,960,495 class B ordinary shares), of which IDR 921.10 billion
emptive Rights (HMETD) to shareholders. The shares offered are                          (for 1,771 ,342,921 class B ordinary shares) were obtained from
286,050,768 new class B ordinary shares (“New Shares”) with a                           the public and Rp. 8.6 billion (for 16,617,574 class B ordinary
nominal value of IDR 100 (full value) per share with an offering                        shares) were obtained from the Bank Bukopin Jakarta Employee
price of IDR 415 (full value) per share.                                                Cooperative (KKBJ) and the Indonesian Fisheries Cooperative
                                                                                        Parent (IKPI). The funds obtained from the Limited Public Offering
The Bank obtained an effective statement from BAPEPAMLK to                              II were received by the Bank in February 2011.
conduct Limited Public Offering I through letter No. S-10319/
BL/2009 dated 26 November 2009. On 26 November 2009, the
Bank held an Extraordinary General Meeting of Shareholders to                           On 28 October 2013, the Bank submitted a Registration Statement
approve the implementation of Limited Public Offering I for the                         in connection with the Limited Public Offering III to the Financial
purpose of issuing HMETD. Limited Public Offering I was held                            Services Authority via letter No. 13308/DIR/X/2013 in the context
from 4 December 2009 to 10 December 2009. The amount of funds                           of issuing Pre-emptive Rights (HMETD) to shareholders. The shares
obtained from the Limited Public Offering I amounted to IDR 118.71                      offered are a maximum of 2,659,505,614 new class B ordinary
billion (for 286,050,768 class B ordinary shares), of which IDR 62.95                   shares (“New Shares”) with a nominal value of IDR 100 (full value)
billion (for 151,699,698 class B ordinary shares) were obtained from                    per share with an offering price of IDR 660 (full value) per share.
the public and IDR 55.76 billion (for 134,351,070 class B ordinary                      The Bank obtained an effective statement from the Financial
shares) were obtained from the All Indonesia Bulog Employees                            Services Authority to conduct Limited Public Offering III through
Cooperative (Kopelindo) and the Bulog Bina Sejahtera Warga                              letter No. S-424/D.04/2013 dated 12 December 2013. On 11-13
Foundation (Yabinstra) who acted as buyers standby buyers with                          December 2013, the Bank held an Extraordinary General Meeting
respective proportions of 89.83% and 10.17%. The funds obtained                         of Shareholders to approve the implementation of Limited Public
from the Limited Public Offering I were received by the Bank in                         Offering III for the issuance of HMETD. Limited Public Offering III
December 2009.                                                                          was held on 30 December 2013-7 January 2014. The amount of
                                                                                        funds obtained from the Limited Public Offering III was IDR 730.13
                                                                                        billion (for 1,106,252,141 class B ordinary shares), of which IDR
                                                                                        9.29 billion (for 14,076,556 class B ordinary shares) was obtained
                                                                                        from the public, amounting to IDR 343.41 billion (for 520,319,150




Annual Report          2024                                                         107                                               PT Bank KB Bukopin Tbk
Page 108
          Company Profile



class B ordinary shares) was obtained from the Indonesian Bulog       On 25 August 2020, the Bank held an Extraordinary General
Employees Cooperative (Kopelindo) and IDR 377.42 billion (for         Meeting of Shareholders to approve the implementation of Capital
571,856,435 class B ordinary shares) from PT Bosowa Corporindo.       Increases Without Pre-emptive Rights (“PMTHMETD”). Furthermore,
The funds obtained from this Limited Public Offering III have         on 2 September 2020, the Company issued PMTHMETD of
been received by the Bank up to 31 December 2013 amounting            16,360,578,947 (sixteen billion three hundred sixty million five
to IDR 587.49 billion and up to 9 January 2014 amounting to IDR       hundred seventy eight thousand nine hundred forty seven) class B
730.13 billion.                                                       shares with a nominal value of Rp. 100 (one hundred Rupiah) per
                                                                      share with offering price IDR 190 (one hundred and ninety Rupiah)
On 4 May 2018, the Bank submitted a Registration Statement in         per share. The amount of PMTHMETD is IDR 3,108,509,999,930 (three
connection with the Limited Public Offering IV to the Financial       trillion one hundred eight billion five hundred nine million nine
Services Authority via letter No. 06529/ DIR/V/2018 in the context    hundred ninety-nine thousand nine hundred and thirty Rupiah)
of issuing Pre-emptive Rights (HMETD) to shareholders. The shares     and has been listed on the IDX.
offered are a maximum of 2,565,288,316 new class B ordinary
shares (“New Shares”) with a nominal value of IDR 100 (full value)    On 8 November 2021, the Bank received an Effective Statement
per share with an offering price of IDR 570 (full value) per share.   regarding Limited Public Offering (PUT) VI from the Financial
The Bank obtained an effective statement from the Financial           Services Authority (OJK). PUT VI itself has issued 35,214,288,984
Services Authority to conduct Limited Public Offering IV through      new class B ordinary shares (“New Shares”) with a nominal value
letter No. S-92/D.04/2018 dated 29 June 2018.                         of IDR 100 (one hundred) per share.

On 22 May 2018, the Bank held an Annual General Meeting of            On 30 November 2022, the Bank held an Extraordinary General
Shareholders to approve the implementation of Limited Public          Meeting of Shareholders to approve the implementation of Capital
Offering IV for the purpose of issuing HMETD. Limited Public          Increases using the Pre-emptive Rights (HMETD) scheme, by issuing
Offering IV was held on 13 July 2018-25 July 2018. The amount of      a maximum of 120,000,000,000 (one hundred and twenty billion)
funds obtained from the Limited Public Offering IV amounted to        Class B Shares with a nominal value of IDR 100 .00 (one hundred
IDR 1,462 billion, of which IDR 1,460 billion was obtained from KB    Rupiah) per share. Then in 2023, the Bank submitted a Registration
Kookmin Bank as a standby buyer, amounting to IDR 1.3 billion was     Statement in connection with Limited Public Offering VII (PUT
obtained from the public. The funds obtained from this Limited        VII) in the context of issuing Pre-emptive Rights (HMETD) to the
Public Offering IV have been received by the Bank until 25 July       Financial Services Authority (OJK) in Jakarta with letter No. 02441/
2018 amounting to IDR 1,462,214,340,120.                              DIR/II/2023 dated 10 February 2023. The Bank has obtained
                                                                      approval regarding the PUT VII plan as stated in the Deed of
On 24 October 2019, the Bank held an Extraordinary General            Meeting Decision Statement No. 109 dated 30 November 2022,
Meeting of Shareholders to approve the implementation of Limited      made before Aulia Taufani, S.H., Notary in the Administrative City
Public Offering V with Pre-emptive Rights. The shares offered         of South Jakarta (Deed No. 109/2022), which essentially approved
are a maximum of 4,660,763,499 new class B ordinary shares            the Bank’s plan to carry out LPO VII by granting Preemptive Rights,
(“New Shares”) with a nominal value of IDR 100 (full value) per       by issuing class B shares up to a maximum of 120,000,000,000
share and an offering price of IDR 180 (one hundred and eighty        shares with a nominal value of IDR 100,- per share.
Rupiah) per share. The amount of the Limited Public Offering V
is IDR 838,937,429,820 (eight hundred thirty-eight billion nine       The Bank conducted PUT VII in order to issue HMETD to the
hundred thirty-seven million four hundred twenty nine thousand        Bank’s shareholders for a maximum of 119,999,999,692 class B
eight hundred and twenty Rupiah) and has been listed on the           shares with a nominal value of IDR 100 per share offered through
IDX (“PUT V”).                                                        Capital Increase with Pre-emptive Rights (PMHMETD). HMETD was
                                                                      distributed to registered Bank shareholders on 17 May 2023 where
                                                                      each owner of 100,000,000 old Bank shares received 176,762,922
                                                                      HMETD. Every 1 (one) HMETD can be used to purchase 1 (one)
                                                                      class B share by paying an exercise price of IDR 100 per share.
                                                                      Thus, the Bank obtained funds of
                                                                      IDR 11,999,999,969,200.-.




Annual Report    2024                                             108                                           PT Bank KB Bukopin Tbk
Page 109
Chronology of Issuance and/or Listing of Other Securities

   Name of Bonds            Issuance        Maturity     Tenor                             Nominal (in               Rating
                                                                    Coupon      Currency
     and Sukuk                Date           Date        (Year)                            Billion IDR)      2024              2023
Bond Issuance              31 May 1989    25 May 1994      6            -       Rupiah         30               -                 -

Bank Bukopin II Series                    10 July 2008
                           30 June 2003                    5            -       Rupiah         319             *                  *
A Bonds Year 2003
Bank Bukopin II Series
B Subordination            30 June 2003   10 July 2008    10            -       Rupiah         236             *                  *
Bonds Year 2003
Bank Bukopin
Syariah Mudharabah         30 June 2003   10 July 2008     6            -       Rupiah         45              *                  *
Bonds Year 2003
Shelf-registered
Subordination
Bonds I Bank               6 March 2012   6 March 2019     7       9,25% p.a    Rupiah        1.500            *                  *
Bukopin Trance I
Year 2012
Shelf-registered
Subordination
Bonds II Bank              30 June 2003   30 June 2022     7        12% p.a     Rupiah         400             *                  *
Bukopin Trance I
Year 2015
Shelf-registered
Subordination
                           28 February    28 February                                                                           idAA
Bonds II Bank                                              7        11% p.a     Rupiah        1,405            *
                           2017           2024                                                                                (Pefindo)
Bukopin Trance II
Year 2017
SHELF-REGISTERED
SUBORDINATION                                                                                                                 idnAAA
                           9 September    9 September                                                       AAA(idn)
BONDS I BANK                                               3       6,25% p.a    Rupiah        1,000                            (Fitch
                           2021           2024                                                            Fitch Rating
BUKOPIN TRANCE I                                                                                                              Ratings)
YEAR 2021
SHELF-REGISTERED
SUBORDINATION                                                                                                                  idnAA
                           9 September    9 September                                                        AA(idn)
BONDS III BANK                                             5         8% p.a     Rupiah         315                             (Fitch
                           2021           2026                                                            Fitch Rating
BUKOPIN TRANCE I                                                                                                              Ratings)
YEAR 2021 SERIES A
SHELF-REGISTERED
SUBORDINATION                                                                                                                  idnAA
                           9 September    9 September                                                        AA(idn)
BONDS III BANK                                             7       8,90% p.a    Rupiah         685                             (Fitch
                           2021           2028                                                            Fitch Rating
BUKOPIN TRANCE I                                                                                                              Ratings)
YEAR 2021 SERIES B
Senior Unsecured           30 Oktober     30 Oktober                                                      BBB (stable)
                                                           3       5,658% p.a     USD          0.3                                -
Notes                      2024           2027                                                            Fitch Ratings
* ) Already Paid




Annual Report       2024                                          109                                        PT Bank KB Bukopin Tbk
Page 110
         Company Profile




BANK STOCK SUSPENSION


Throughout 2024, no Bank shares will be suspended, so information related to this cannot be presented in this annual report.




BANK GROUP STRUCTURE
                                                                                     100%


                                                                                 KB Financial
                                                                                  Group Inc.




                                                                                    66.88%


          STIC Eugene                                                                                                         Public
        Star Holding Inc                                                                                                      <5%


            16,98%                                                                                                            16,14%




              KB
        Bukopin Finance                                                                                                     KB Bank Syariah


             95.92%                                                                                                             99.24%



                                            The composition of KB Bank Shareholders up to the fiscal year
                                                     ending December 31, 2024, is as follows:

                                                                Number of Shares                 Nominal Amount
                  Shareholder Name                                 (Sheets)                           (IDR)
                                                                                                                          %

          KB Kookmin Bank                                                  125,655,736,951         Rp12,565,573,695,100          66.88%

          STIC Eugene Star Holding Inc.                                    31,900,000,000         Rp3,190,000,000,000             16.98%

          Public <5%*                                                       30,331,802,919         Rp3,244,426,274,100            16.14%

          Total Paid-up and Issued Capital                                187,887,539,870         Rp18,999,999,969,200             100%

          *) Including Shares of Members of the Board of Commissioners & Directors of the Bank




Annual Report      2024                                                               110                                 PT Bank KB Bukopin Tbk
Page 111
                          INFORMATION ON MAJOR AND CONTROLLING
                                                 SHAREHOLDERS

The major and controlling shareholder of KB Bank is Kookmin Bank Co., Ltd., a banking company from South Korea. KB Kookmin Bank
is part of the KB Financial Group, one of the largest financial groups in South Korea. This Korean-based bank was recorded as the
bank with the largest net income achievement in Korea throughout 2019. KB Financial Group shares have been listed on the Korea
Exchange (KRX) since 10 October 2008 and on the New York Stock Exchange (NYSE) since 29 September 2008. KB Financial Group’s
total assets as of December 31 2019 reached KRW789.6 trillion (or around IDR 9,326 trillion). The company has expanded its wings into
the global market with a network spread across the UK, United States, India, China, Hong Kong, Japan and New Zealand. In Southeast
Asia, Kookmin expanded to Cambodia, Vietnam, Laos, Myanmar and Indonesia.


                                          Kookmin Bank Management Board

                             Name                                                              Position


 Lee Jae Keun                                                                              President Director


 Kim Yeong Ki                                                                          Executive Audit Committee


 Son Seog Ho                                                                                    Director


 An Gang Hyeon                                                                           Non-executive Director


 Yoo Yong Keun                                                                           Non-executive Director


 Seo Tae Jung                                                                            Non-executive Director


 Moon Sue Bok                                                                            Non-executive Director


 Kang Nam Che                                                                           Senior Managing Director


 Kang Soon Bae                                                                          Senior Managing Director


 Kwak San Up                                                                            Senior Managing Director


 Kim Jin Sam                                                                            Senior Managing Director


 Kim Jin Young                                                                          Senior Managing Director


 Maeng Jin Gyu                                                                          Senior Managing Director


 Park Ki Eun                                                                            Senior Managing Director




Annual Report    2024                                          111                                              PT Bank KB Bukopin Tbk
Page 112
         Company Profile




                                     Kookmin Bank Management Board

                              Name                                      Position


Pak Byoung Gon                                                   Senior Managing Director


Pak Young Sei                                                    Senior Managing Director


Park Chan Yong                                                   Senior Managing Director


Seo Young Ik                                                     Senior Managing Director


Oh Sang Won                                                      Senior Managing Director


Lew Chang Beom                                                   Senior Managing Director


Yook Chang Hwa                                                   Senior Managing Director


Lee Seong Hee                                                    Senior Managing Director


Lee Youung Jig                                                   Senior Managing Director


Lee Jong Min                                                     Senior Managing Director


Lee Taek Yeon                                                    Senior Managing Director


Lee Hyeok                                                        Senior Managing Director


Jang Yeon Soo                                                    Senior Managing Director


Jeong Mun Cheol                                                  Senior Managing Director


Jeong Jin Ho                                                     Senior Managing Director


Choi Seok Mun                                                    Senior Managing Director


Head Office
Yeoido Office
#26, Gukjegeumyung-ro 8-gil
Yeongdeungpo-gu
Seoul. Tel ; 82-2-2073-7114




Annual Report   2024                              112                                  PT Bank KB Bukopin Tbk
Page 113
      INFORMATION ABOUT SUBSIDIARIES AND ASSOCIATED
                                            ENTITIES

                                                                               The
           Name of        Establishment                       Line of       Company’s
 No      Subsidiaries          Year
                                          Acquiring Year
                                                             Business       Ownership
                                                                                             Status            Address & Contact
                                                                               (%)
                                                                                                         Jl. Melawai No. 66, Kramat Pela,
                                                                                                         Kebayoran Baru District
                                                                                                         South Jakarta – 12160
       PT KB Bukopin
 1                        1983            1994             Financing       99,24%        Operating
       Finance                                                                                           Phone: (021) 2793 6558 – Office
                                                                                                         (021) 2793 6513
                                                                                                         Email: bufincare@
                                                                                                         bukopinfinance.co.id

                                                                                                         Jl. Salemba Raya No. 55
                                                                                                         Central Jakarta 10440
       PT Bank KB                                          Islamic based
 2                        1990            2008                             95,92%        Operating
       Bukopin Syariah                                     banking                                       Phone: +6221 2300912
                                                                                                         Fax: +6221 3148401




SUBSIDIARY ENTITY PROFILE
PT KB Bukopin Finance

PT KB Bukopin Finance is a Subsidiary Entity of KB Bank which was established based on Deed No. 5 dated 11 March 1983 made
before Tan A. Sioe, S.H., Notary in Jakarta. This deed of establishment has been approved by the Minister of Justice of the Republic of
Indonesia in Decree No. C2-5233.HT.01.01. TH83 dated 29 July 1983 and announced in the State Gazette of the Republic of Indonesia
No. 26, along with Supplement No. 432 dated 1 April 1986. The Company obtained a business license as a Financing Company from
the Minister of Finance of the Republic of Indonesia in accordance with Decree No. 66/KMK.017/1994 dated 5 March 1994.
The Articles of Association of KB Bukopin Finance underwent several changes, including changing the name to PT Indo Trans Buana
Multi Finance in accordance with Deed No. 99 dated 3 May 1991 and the entry of PT Bank Bukopin as a Shareholder in accordance with
Deed No. 181 dated 26 December 1994. Furthermore, according to the results of the Extraordinary General Meeting of Shareholders on
7 May 2008, it was approved to change the name from PT Indo Trans Buana Multi Finance to PT Bukopin Finance as stated in the Deed
of Notary Amastasia Dau, SH with Deed No. 1 dated 9 June 2008. Based on the results of the Company's Extraordinary General Meeting
of Shareholders on 7 May 2008, the name change from PT Indo Trans Buana Multi Finance to PT Bukopin Finance was approved, as
stated in the Notarial Deed of Amastasia Dau, SH with Deed Number: 1 dated 9 June 2008.

Based on Notarial Deed Number 6 dated 27 July 2021, the Company PT Bukopin Finance changed its name to PT KB Bukopin Finance.

PT KB Bukopin Finance is engaged in finance lease financing and multifinance. KB Bank's ownership portion in PT KB Bukopin Finance
is currently 97.03%.

PT Bank KB Bukopin Syariah

PT Bank KB Bukopin Syariah (hereinafter referred to as the Company) as a bank operating on sharia principles which began with the
entry of the PT Bank Bukopin, Tbk consortium into the acquisition of PT Bank Persyarikatan Indonesia (a conventional bank) by PT
Bank Bukopin, Tbk., the acquisition process took place in stages from 2005 to 2008, where PT Bank Persyarikatan Indonesia which
was previously called PT Bank Swansarindo Internasional was established in Samarinda, East Kalimantan based on Deed Number
102 dated 29 July 1990, is a general bank that obtained the Decree of the Minister of Finance number 1.659/KMK.013/1990 dated 31
December 1990 concerning the Granting of a Merger Permit for 2 (two) Market Banks and the Upgrade of Status to a General Bank under
the name of PT Bank Swansarindo Internasional which obtained operational activities based on Bank Indonesia (BI) letter number
24/1/UPBD/PBD2/Smr dated 1 May 1991 concerning the Granting of a Bank Business License General and Relocation of Bank Offices.

PT Bank KB Bukopin Syariah is engaged in Islamic-based banking. KB Bank's ownership portion in PT Bank KB Bukopin Syariah is
currently 92.78%.

Annual Report    2024                                           113                                            PT Bank KB Bukopin Tbk
Page 114
           Company Profile




CAPITAL MARKET SUPPORTING INSTITUTIONS AND
PROFESSIONS

                  Public Accounting Firm (KAP)                                                                  Trustee
                 KAP Mirawati Sensi Idris (Firm Member of the Moore           Nama
Firm Name                                                                                       PT Bank KB Bukopin Tbk
                 Indonesia Network)                                           Lembaga
                 Intiland Tower 7th Floor, Jl. Jend. Sudirman Kav. 32         Alamat            MT Haryono Street Kav 50-51 South Jakarta
Addresss
                 Jakarta, Central Jakarta
                                                                                                License as Trustee from the Ministry of Finance
Public                                                                        Surat             of the Republic of Indonesia Capital Market
                 Denny Susanto
Accountant                                                                    Penunjukan        Supervisory Agency through letter Number S-2356/
                                                                                                PM/2025 dated August 26, 2005
Assignment
                 2024
Period                                                                        Periode
                                                                                                August 26, 2025 to present
                                                                              Penunjukan
Auditing
Service          Audit of Consolidated Financial Statements                   Jasa yang
                                                                                                Trustee Service
Provided                                                                      Diberikan
Auditing                                                                      Biaya Jasa        N/A
                 IDR2,400,000,000
Service Fee
                                                                                            Trading Information and Stock Listing
Non-Auditing
Service          -                                                            Institution
Provided                                                                                        PT Kustodian Sentral Efek Indonesia
                                                                              Name

                Securities Administration Bureau                                                Jakarta Stock Exchange Building Tower I, 5th Floor,
                                                                              Address
                                                                                                South Jakarta
Institution
                 PT Datindo Entrycom                                          Assignment
Name                                                                                            During 2024
                                                                              Period
Address          Jl. Hayam Wuruk No.28, Central Jakarta
                                                                              Services
                                                                                                Trading and Stock Listing Services
Assignment                                                                    Provided
                 During 2024
Period
                                                                                                       Legal Consultant
Services
                 Stock Administration Recording
Provided                                                                      Institution
                                                                                                Gani Djemat & Partners
                                                                              Name
                            Rating Institution
                                                                                                Equity Tower, Senayan, Kebayoran Baru, South
                                                                              Address
Institution                                                                                     Jakarta City, Jakarta 12190
                 Fitch Ratings Indonesia
Name
                                                                              Assignment
                                                                                                2024 - 2025
                 DBS Bank Tower 24th Floor, Suite 2403, Jl. Prof. DR.         Period
                 Satrio No.Kav 3-5, RT.11/RW.4, Kuningan, Karet,
Address                                                                       Services
                 Kuningan, Kota Jakarta Selatan, Daerah Khusus                                  Legal Service
                 Ibukota Jakarta 12940                                        Provided

Assignment
                 2023 – 2026                                                                           Legal Consultant
Period
                                                                              Institution       Soewito Suhardiman Eddy Murthy Kardono (SSEK
Services                                                                      Name              Law Firm)
                 Corporate Rating
Provided
                                                                                                Mayapada Tower I, 12th and 14th Floor
                             Rating Agency                                    Address           Jl. Jend. Sudirman Kav. 28
                                                                                                Jakarta, 12920
Institution
                 PT Pemeringkat Efek Indonesia (PEFINDO)                      Assignment
Name                                                                                            2024 - 2025
                                                                              Period
                 Equity Tower 30th Floor
                 Sudirman Central Business District (SCBD) Lot 9              Services
Address                                                                                         Legal Service
                 Jl. Jend. Sudirman Kav.52-53                                 Provided
                 Jakarta 12190, Indonesia
Assignment
                 During 2024
Period
Services
                 Corporate Rating
Provided




Annual Report        2024                                               114                                                  PT Bank KB Bukopin Tbk
Page 115
                                                         Legal Consultant
Institution Name           LSW & Barun
                           Graha Surveyor Indonesia, Lt 19
Address
                           Jl. Gatot Subroto.Kavling 56 Jakarta Selatan
Assignment Period          2024 - 2025
Services Provided          Legal Service


                                                               Notary
Institution Name           Aulia Taufani S,H.
                           Sudirman Tower 18th Floor ABD, Street. Jend. Sudirman, 5, RT.5/RW.3, Senayan, Kebayoran Baru, South Jakarta
Address
                           City, Jakarta 12190
Assignment Period          2022 – 2024
Services Provided          Legal Services for Assistance and Preparation of Deeds for GMS and EGMS




Annual Report       2024                                        115                                           PT Bank KB Bukopin Tbk
Page 116
        Company Profile




AWARDS AND CERTIFICATION




                          Award Name   Companies to Watch in 2024


                          Category     Top 20 Companies to Watch in 2025


                          Organizer    Bloomberg Technoz


   25 April 2024




                                       Best Corporation in Transparent Emission
                          Award Name
                                       Reduction Practices


                                       Transparency in Emission Reduction
                          Category
                                       (Green Category)


                          Organizer    Investortrust.id



   29 May 2024




                                       Best Corporation in Transparent Emission
                          Award Name
                                       Reduction Practices


                                       Transparency in Emission Calculation
                          Category
                                       (Silver Category)


                          Organizer    Investortrust.id



   29 May 2024




Annual Report   2024      116                              PT Bank KB Bukopin Tbk
Page 117
                       Award Name         Anugerah Ekonomi Hijau


                                          Supporting the Growth of the Electric
                       Category
                                          Vehicle Ecosystem


                       Organizer          Detik Network



   30 July 2024




                                          CNBC Indonesia Communication
                       Award Name
                                          Strategists Awards


                       Category           The Strategic Communication Excellence


                       Organizer          CNBC Indonesia




   20 November 2024




                       Certificate Name   ISO 27001


                       Category           IT Security Management Systems


                       Organizer          Bureau Veritas Indonesia


                       Valid Until        May 2025




Annual Report   2024   117                                     PT Bank KB Bukopin Tbk
Page 118
          Company Profile




INFORMATION ON THE BANK WEBSITE




KB Bank has an official website at www.kbbank.co.id. This website is the Bank's official portal that can be accessed for everyone,
anytime, and anywhere, easily and simply, with the aim of providing comprehensive, accurate, and up-to-date information about the
Bank to the wider public. The Bank's official website, which is presented in two languages, namely Indonesian and English, is also
in accordance with the Financial Services Authority Regulation (POJK) No. 8/POJK.4/2015 concerning the Website of Issuers or Public
Companies, which requires the submission of information regarding, among others:

1.   General information on the issuer or public company;
2.   Information for financiers or investors;
3.   Corporate governance information;
4.   Corporate social responsibility information

KB Bank website consists of 6 (six) channels with the following content:


        Channel name                                                        Content
                               •   Your Daily Solution                           •    Solutions for Your Business
                                   • Credit Card                                      • MSME
                                   • Debit Card                                       • Commercial
                                   • KB Bank Prioritas                           •    The Best Service for You
 Solution for You              •   Your Future Solution                               • Individual Service
                                   • Savings                                          • Business Service
                                   • Loans                                       •    Promotion
                                   • Wealth Management




Annual Report       2024                                       118                                            PT Bank KB Bukopin Tbk
Page 119
          Channel name                                                   Content
                             •   KB Bank Profile                              •    Investors
                                 • Our History                                     • Investor Relations
                                 • Vision & Mission                           •    Social Responsibility
                                 • Business Segments                               • Corporate Social Responsibility Policy
                                 • Subsidiaries                                    • Implementation of Corporate Social
                                 •   Corporate Culture                                 Responsibility
                                 • Awards                                     •    • Corporate Governance
                                 • Correspondent Bank                              • About Corporate Governance
 About Us                        • Company Professional Institutions               • Charter
                                 • Contact Us                                      • Guidelines
                             •   Management Structure                              • Governance Report
                                 • Board of Commissioners                          • Code of Ethics
                                 • Board of Directors                              • Whistleblowing System
                                 • Committees                                      • Privacy Notice
                                 • Corporate Secretary
                                 • Organizational Structure

                             •   EXCHANGE RATE
                             •   Basic Credit Interest Rate (SBDK)
                             •   • Newsroom
 Newest Info                     • Press Release
                                 • News
                             •   Announcement


                             •   KB Bank Office Network
                             •   KB Bank ATM Network
 Network



                             •   Work at KB Bank
                             •   Job Vacancies
 Career



                             •   Complaints Service
                             •   Transaction Service
 Customer Service




The Company always updates the information presented on the website periodically to provide the most updated information for
all stakeholders and the general public. The Company also has social media accounts as part of the openness of information and
communication to all stakeholders, including Facebook, X/Twitter, Instagram, and Youtube.




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        Management Analysis and Discussion




Annual Report 2024                       120   PT Bank KB Bukopin Tbk
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                     Management Analysis
                     and Discussion
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           Management Analysis and Discussion




GENERAL OVERVIEW


Global Economic Analysis                                                         National Economic Analysis
As cited from the 2024 Indonesian Economic Report released by                    The Indonesian economy in 2024 remains hindered from various
Bank Indonesia, it explains that global political tensions that                  challenges amid increasing global uncertainty. Based on a report
were still high in early 2024 due to the ongoing Russia-Ukraine                  from the Central Statistics Agency, the Indonesian economy in
conflict, increased after Israel's attack on Palestine. Towards the              2024, measured by Gross Domestic Product (GDP) at current prices,
end of 2024, the re-election of President Trump in the United                    reached IDR22,139.0 trillion and GDP per capita reached IDR78.6
States (US) with the America First policy again increased global                 million or USD4,960.3.
uncertainty because it has the potential to change the geopolitical
and economic landscape of the world.                                             The Indonesian economy in the fourth quarter of 2024 compared
                                                                                 to the fourth quarter of 2023 experienced growth of 5.02 percent
Various developments related to the results of the General Election              (y-on-y). In terms of production, the Other Services Business
in the US have risked increasing fragmentation of world trade and                Sector experienced the highest growth of 11.36 percent. Meanwhile,
investment, reducing world economic growth, and then further                     the Export Component of Goods and Services on the expenditure
increasing uncertainty in global financial markets. The rapidly                  side experienced the highest growth of 7.63 percent. However,
changing dynamics of world geopolitics have influenced global                    the Indonesian economy in 2024 was only recorded to grow by
economic developments throughout 2024, and are predicted to                      5.03 percent, slowing down compared to the achievement in 2023
continue. Global economic growth in 2024 is projected to slow                    which experienced growth of 5.05 percent (c-to-c). In terms of
to 3.2% from 3.3% in 2023 and is projected to remain at 3.2% in                  production, the highest growth occurred in the Other Services
2025, and slow further to 3.1% in 2026.                                          Business Sector at 9.80 percent. Meanwhile, the highest growth in
                                                                                 terms of expenditure was achieved by the Household Non-Profit
The divergence of growth patterns between countries also                         Institution Consumption Expenditure Component (PK-LNPRT) at
continues along with increasing fragmentation of the global                      12.48 percent.
economy and trade. The US economy is projected to remain strong
in 2024 and 2025 accompanied by the risk of economic warming                     On the other hand, the Indonesian economy in the fourth
originating from the swelling fiscal deficit. Meanwhile, economic                quarter of 2024 grew by 0.53 percent (q-to-q) compared to
growth in China and the European Region is projected to continue                 the previous quarter. In terms of production, the Government
to slow down along with weak domestic demand and the impact                      Administration, Defense, and Compulsory Social Security Business
of trade tariff policies implemented by the US Government. On the                Sector experienced the highest growth of 16.63 percent. In terms
other hand, the economic growth prospects for India, Indonesia,                  of expenditure, the Government Consumption Expenditure
and a number of Emerging Market Economies (EMEs) are projected                   Component (PK-P) experienced the highest growth of 38.58
to remain positive, driven by domestic demand, despite facing the                percent.
potential for slowing exports due to declining global economic
growth and fragmentation of world trade.                                         Throughout 2024, the group of provinces in Java Island colored the
                                                                                 structure and performance of the Indonesian economy spatially
                                                                                 with a contribution of 57.02 percent and economic performance
                                                                                 that recorded growth of 4.92 percent (c-to-c)

                                     Indonesia's Economic Growth in the Fourth Quarter of 2024

       Q-TO-Q      Y-ON-Y          C-TO-C          GROSS DOMESTIC PRODUCT (GDP) AT CURRENT PRICES          GDP PER CAPITA 2024
       0,53%       5,02%           5,03%           IDR22,139.0 Trillion                                    IDR78,617,420 (US$ 4,960.3)

    GROSS DOMESTIC PRODUCT (GDP) GROWTH 2015-2024
    (Percent)                                                                                                       5,05         5,03
                                            5,07         5,17       5,02                              5,31
                 4,88       5,03
                                                                                          3,70




                                                                              -2,07




                    2015      2016          2017        2018       2019       2020       2021       2022          2023           2024




Annual Report 2024                                                         122                                                          PT Bank KB Bukopin Tbk
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   GDP GROWTH BY BUSINESS FIELD 2024                                                                      GDP GROWTH BY EXPENDITURE 2024
   (percent)                                                                                              (Percent)
                                                                                                                                 12,48

                                                                                                                                                                                                    7,95
                                                       7,02
                                                                                                                                                   6,61                          6,51
                                                                                6,30
                           4,90                                      4,86                                             4,04
                                         4,43                                                                                                                    4,61




           0,67




                                                                                etc


        Agriculture      Mining and   Processing    Construction   Trade and   Others                            Household      NPISHs         Government        GFCF           Export             Import
                         Quarrying     industry                      Repair                                                   Consumption
                                                                                                                Consumption                    Consumption




                                                                                        Sumatera
                                                                                        22,12%               Kalimantan                     Sulawesi
                                                                                        4,45%                   8,24%                       7,12%
                                                                                                                5,52%                                                    Maluku & Papua
                                                                                                                                            6,18%
                                                                                                                                                                            2,69%
                  GRDP GROWTH AND CONTRIBUTION                                                                                                                              7,81%
                        BY REGION (percent)

                   Java Island contributes 57.02 percent to
                  the Indonesian economy with a growth of
                                 4.92 percent

                                                                                                                                                                                                   Contribution
                                                                                           Java                                                                                                    Growth
                                                                                                 57,02%                              Bali & Nusa Tenggara
                                                                                                 4,92%                                 8,24%
                                                                                                                                       5,52%




                                                                               Source: Badan Pusat Statistik


Banking Industry Analysis
                                                                                                           Non-Performing Loan (NPL) Ratio
                                                                                                                                                                                                   %
The Indonesian banking industry in 2024 shows significant growth,                                                                                                                                   5
driven by responsive monetary policy and improving economic
conditions. According to the Monetary Policy Report for Quarter IV                                                                                                                                  4

                                                                                                                                                             Gross NPL
2024 from Bank Indonesia, Gross Domestic Product (GDP) growth                                                                                                                                       3
is estimated to reach 5.31% in the fourth quarter of 2024, up from                                                                                                                          2,19
                                                                                                                                                                                                    2
5.04% in the previous year. This reflects increasing optimism
among market players and consumers, which contributes to                                                                                                     Net NPL                       0,75
                                                                                                                                                                                                    1

increased demand for credit in the banking sector.                                                                                                                                                  0
                                                                                                            1 4 7 10 1 4 7 10 1 4 7 10 1 4 7 10 1 4 7 10 1 4 7 10
                                                                                                                2019          2020          2021          2022           2023            2024
One important indicator of the health of the banking industry
is the non-performing loan (NPL) ratio. Data shows that the NPL                                             Source: Bank Indonesia, OJK

ratio is at 2.5%, indicating stability in the quality of banking
assets. Bank Indonesia noted that despite global challenges, the                                          In terms of liquidity, total third party funds (TPF) experienced
banking industry was still able to maintain the NPL ratio below                                           positive growth, reaching IDR6,500 trillion by the end of 2024.
the set threshold of 5%. This shows that banks in Indonesia have                                          This growth was driven by increased public trust in the banking
implemented good risk management in the face of economic                                                  system, as well as product innovations offered by banks. Bank
uncertainty.                                                                                              Indonesia reported that the average deposit interest rate was
                                                                                                          in the range of 4.5%, which attracted more customers to place
                                                                                                          their funds in banks.




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             Management Analysis and Discussion



Credit disbursed by banks also showed a positive trend, with          uncertainty that can affect capital flows and investment. The
total credit disbursement reaching IDR5,800 trillion. The sectors     global uncertainty index shows significant fluctuations, with the
that received the most credit were the trade and manufacturing        US dollar exchange rate against the rupiah fluctuating in the range
sectors, which absorbed 30% and 25% of total credit respectively.     of IDR14,500 to IDR15,000. Bank Indonesia continues to monitor
This is in line with the government's efforts to encourage the        these developments and is ready to take the necessary steps to
growth of the real sector through various incentives and stimulus     maintain economic stability.
programs.
                                                                      In order to support the growth of the banking industry, Bank
On the other hand, the growth of the digital economy has also had     Indonesia also implements an accommodative monetary policy.
a positive impact on the banking industry. The volume of electronic   The current policy interest rate is at 5.75%, which aims to encourage
money and digital banking transactions has increased rapidly,         credit and investment growth. This policy is expected to provide
with the value of digital banking transactions reaching IDR1,200      the stimulus needed to maintain the momentum of economic
trillion in 2024. Bank Indonesia noted that this growth was driven    growth amidst existing challenges.
by the increasingly widespread adoption of technology among
the public, as well as the improvement of digital infrastructure      Overall, the national banking industry in 2024 showed solid
that supports financial transactions.                                 performance with optimistic prospects. With the support of
                                                                      appropriate policies and adaptation to market changes, it is
However, challenges remain, particularly related to global            hoped that the banking industry can continue to contribute to
                                                                      Indonesia's economic growth.



KB Bank’s Position in the Banking Industry

                           KB Bank’s Position Based on Performance in the Indonesian Banking Industry
                                                                                             (In billions of Rupiah, unless otherwise stated)

          DESCRIPTION                                   KB BANK                                             INDUSTRY

 Main Indicator (Growth)
 Asset                                                                         83.075                                             12.460.955
 Credit                                                                         47.527                                             7.942.947
 Third Party Fund                                                              46.593                                              8.837.242
 - Giro                                                                         6.289                                               2.751.373
 - Savings                                                                       6.916                                             2.850.242
 - Deposits                                                                    33.388                                              3.235.627
 Equity                                                                          7.962                                             1.852.494
 Profit before Tax                                                             (4.904)                                               323.216
 Profit after Tax                                                              (6.329)                                               255.200
 Interest Income                                                                5.454                                              1.084.816
 Interest Expense                                                              (4.301)                                               535.059
 Financial Ratio (Position)
 NIM                                                                            1,31%                                                 4,62%
 ROA                                                                           -7,55%                                                 2,69%
 CASA                                                                          29,54%                                                63,39%
 CAR                                                                           16,38%                                                26,69%
 LDR                                                                          103,26%                                                88,57%
 BOPO                                                                         192,58%                                                81,30%
 NPL gross                                                                      9,06%                                                 2,03%




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                                         KB Bank’s Position towards Peers Group

                        Assets                        Credit                  Third Party Fund              Profit after Tax
   Rank
               Bank      Rp(Tn)   Rank       Bank      Rp(Tn)     Rank     Bank     Rp(Tn)       Rank    Bank     Rp(Tn)       Rank

     1         Bank X      82,3    1        Bank X      46,8          1   Bank X      64,0        1     Bank X      1,5         1

     2        KB Bank      75,4    2        Bank X      46,2          2   Bank X      48,8        2     Bank X      0,8         2


     3         Bank X      66,2    3        Bank X      45,8          3   KB Bank     40,1        3     Bank X      0,5         3


     4         Bank X      58,7    4        KB Bank      41,4         4   Bank X      35,1        4     Bank X      0,2         4

     5         Bank X      44,4    5        Bank X      13,4          5   Bank X      31,9        5     KB Bank     (7,1)       5




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         Management Analysis and Discussion




BANK STRATEGY 2024


To accelerate normalization, KB Bank needs to immediately                   •   [Health Industry] Proactively participating in the
address various strategic issues that are inhibiting factors in                 ecosystem as a provider of banking services in
sales performance growth in order to achieve a more optimal                     hospitals, especially collaborating with the captive
level. Therefore, the Bank has formulated a comprehensive                       market of KB Bank Syariah, namely Muhammadiyah-
strategy that will be implemented throughout 2024 to accelerate                 owned hospitals, and so on.
the increase in sales performance. This strategy is realized            d. Establishing Customer Profitability Management and
through four main agendas that focus on strengthening business              developing a return on risk adjusted capital method
fundamentals, optimizing services and products, improving digital           per product or customer for a more timely and better
capabilities, and developing strategic networks and partnerships.           negotiation process.
By implementing a structured and results-oriented approach,          2. Increasing sales through CPC restructuring.
KB Bank strives to ensure that every initiative taken can have a        a. Segmenting branches
positive impact on business growth while increasing the Bank's          b. Building a focused business in each branch by selecting the
competitiveness in the increasingly dynamic banking industry.               right people and products according to the characteristics
                                                                            and micro market industry according to each region
1. Deepening the wholesale and anchor-linked SME and Retail             c. Products that have a specific focus
   businesses.                                                          d. The Bank will focus on targeting businesses that have
   a. Seeking growth opportunities in the commercial segment,               become the Bank's mainstay and targeting retail credit
      namely by redefining the wholesale business segment                   based on cooperation.
      into 2, namely the corporate segment and the commercial               • Auto Loan: Channeling with SKBF has been running.
      segment. This initiative requires network expansion,                  • Personal Loan: Targeting payroll loan cooperation
      human resources, and incentive schemes to drive and                       through the Paywatch platform.
      activate it, with the hope that this segment can provide              • Mortgage Loan: Mortgage strategy is carried out
      relatively higher margins and greater cross-selling                       through takeover.
      opportunities compared to the corporate segment which             e. Redesigning all problematic processes to increase sales
      is currently the bank's mainstay.                                     cadence and TAT
   b. Activating cross-selling activities in the wholesale segment          • Introducing the RM - AO concept.
      to get a follow-on effect on the retail segment, both                 • Sales Cadence: Reimplementing the Sales Stimulation
      funding and lending                                                       Program tool that has been adopted but has not been
      • Target a minimum acquisition of 2-5 anchor companies                    met at a certain desired level.
          per branch through institutional relationships with               • Conducting regular benchmarking and reducing
          BUMN Companies, core debtors and local champions.                     unnecessary processes compared to market practice.
      • Create bundling product promotions with transactional           f. Activating business that can generate fee income driven
          banking products and capabilities                                 by the head office through B2B partnerships so that it can
      • Promote incentives and closely monitor sales and                    create a trickle down effect for branches.
          cross-selling activities in the SME & Retail business         g. Proactively promoting fee income products that are
          segments connected to the anchor companies                        oriented towards branch sales such as Wealth Management,
      • Transform all sales staff to be oriented towards cross-             loan related fee income such as trade finance and bank
          selling activities in all segments                                guarantees, transactions such as PPOB and Mini ATM, etc.
   c. Building a new business ecosystem, for example in the             h. Restructuring coverage on SME and Mortgage
      Electric Vehicle, Agriculture, & Health Industry ecosystems.          • Reducing SME Centers to 24 and Mortgage Centers
      • [EV Business] Collaboration with INDIKA Group, and                      to 19.
          other related companies in the supply chain and value         The operating model must also be changed in line with the
          chain                                                         New Branch Model
      • [Agricultural Industry] Capturing every potential            3. Redesigning the performance-oriented corporate culture.
          opportunity through potential segmentation analysis           a. Formation and Internalization of a Performance-Oriented
          (sugar, rice, etc.) in the supply chain and value chain           Corporate Culture
                                                                            • Implementing different reward systems, such
                                                                                as performance bonuses, based on individual
                                                                                performance.




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       •    Implementing a flexible salary table with a focus on         c. Establishment of Contract Management System & Budget
            performance-oriented compensation.                              Management System
        • Operating an incentive system, such as employee
            stock ownership, that can motivate employees based       Pursuing cost efficiency from idle real estate through the transfer
            on improved business performance.                        of remaining lease rights for offices with long remaining lease
   b. Regularly organizing low-performing employees                  terms, sale of idle real estate through cooperation with property
        • Timely budget and target distribution.                     agents and auction companies, synergy cooperation with
        • Ownership of KPIs through signing of early year            subsidiaries and affiliates in office use, and issuing DIRE (Real
            commitments.                                             Estate Investment Fund) through cooperation with securities
        • Implementation of Performance Improvement Plan.            company VCM (Valbury Capital Management)
4. Conduct profitable promotions and collaborations with KBFG        1. Increasing Manpower capacity and capability
   affiliates and subsidiaries                                           a. RM capability enhancement
   a. Promotion of Substantially Profitable Collaboration                    • Preparing learning syllabus and minimum standard
        between KB Financial Group Affiliates through Channeling                 certification – capability per sales function
        (with KB FMF, SKBF, KBBF, KBBS) and Introduction of Mutual           • Increasing the number of qualified employees and
        Fund Business and Sales (with KB Valbury, VCM).                          provide periodic training to further increase qualified
   b. Changes in Insurance Management Structure                                  employees
        • •Reducing dependence on insurance brokers by                       • Education and examination programs must be
            expanding direct cooperation and only working with                   reflected in RM promotion and assessment
            bona fide insurance partners.                                b. Establishment of a separate recruitment engine
        • •Updates to the Credit Life Insurance pattern on                   department to handle two functions separately (1) HR
            Pension Loans to increase income and improve credit              evaluation and restructuring; (2) Recruitment and talent
            risk management.                                                 reallocation.
   Utilization of customer information sharing for Marketing             c. Building an Efficient Human Resource Operation System
   purposes.                                                                 through HR IT System Improvement
                                                                     2. Outlet Strategy Changes
KB Bank not only focuses on resolving strategic issues, but also         a. Radical changes in outlet strategy
strives to present innovation as the main driver of business                 • Breaking the Main Branch-Sub Branch model and
transformation. In line with this, the Bank has set a strategic                  becoming a self-discretion model like other banks.
agenda "Innovation for Turn Around", which is designed to improve            • New branch model to support Business Center (SME
performance and optimize the implementation of efficiency                        & Mortgage).
initiatives. Through this strategy, KB Bank is committed to                  • Expanding the application and utilization of co-
implementing four main agendas in 2024, namely:                                  location for idle real estate by subsidiaries or affiliated
1. Continuing cost hunt initiatives and terminating contracts                    companies.
    that are detrimental to the Bank.                                        • Identifying the possibility of using AYDA as a branch
    a. Identifying and implementing new cost hunting initiatives                 office to reduce capital reduction factors.
        • Negotiating existing contracts and seek new vendors            b. Expansion into high potential areas based on micro market
            to obtain the best market price that is comparable to            industry and considering expanding into Jabodetabek
            the company's profit                                             area to increase branch footprint
        • Arranging routine restructuring processes after the        3. Conducting Innovation before NGBS Implementation (SHINE)
            2nd restructuring: regular layoffs and branch closures       a. Process simplification through Business Process
            to refine and increase branch footprints                         Restructuring – before NGBS adoption through market/
        • Planning for centralization of operations before/after             competitor benchmarking.
            NGBS implementation.                                         b. Higher level of centralization of operations & credit
    b. Continuous improvement of unfair contracts and                        support
        termination of transactions with companies involved                  • Centralization of regional back office from 6 regions
        in unfair contracts and improve contract procedures to                   to be centered in Jakarta.
        prevent unfair contracts in the future.                              • Centralization of credit support function (loan
                                                                                 disbursement) from main branch to be centered in
                                                                                 Jakarta. However, document and collateral storage
                                                                                 function remains in the branch.




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          Management Analysis and Discussion



    c. Elimination of unnecessary functions                               c. Implementing an Information Technology System for
       • Continuing work-load analysis to identify unnecessary               daily performance monitoring needs to monitor the
           and redundant functions.                                          effectiveness of AO SAM activities.
    d. Eliminating unnecessary functions and merging tasks                d. Increasing collaboration between Head Office and Branch
       and responsibilities.                                                 Offices to control and mitigate Operational Risks on
                                                                             pension loans: Flagging, Minus Salary, death insurance
As part of the transformation and performance optimization                   claims, etc.
efforts, KB Bank is also committed to improving asset quality and         e. Accelerating the GO Live process from the retail collection
strengthening risk monitoring mechanisms. In order to ensure the             monitoring application
sustainability of a healthy and competitive business, the Bank            f. Establish cooperation with the best Collection Agency
has formulated three main agendas in 2024 which are focused                  to improve the capabilities of external parties in retail
on improving asset quality and strengthening the monitoring                  collection.
function of the second line of defense.                                   g. Need to prepare disincentive factors for shifting the good
1. Strengthening Risk and Compliance Functions                               bank portfolio to bad bank. Portfolio transfer policies
    a. Revamping Internal Capital Management System                          must be accompanied by knowledge transfer for a better
         • Risk Appetite that focuses on CAR management                      understanding of the debtor's "condition"
             through the implementation of a limit management          3. Prepare preventive actions in connection with the end of
             system in each segment group.                                Covid-19 relaxation
         • Implementing early warning indicators for proactive            a. Cooperation between Risk Management and SAM to
             response.                                                       conduct stress tests and periodic debtor assessments.
         • Encouraging the improvement and automation of the              b. Preparing internal guidelines and periodic restructuring
             risk indicator calculation process.                             processes to prevent new NPLs and the impact of further
    b. Strengthening the fundamental competitiveness of the                  capital reduction.
         risk management organization                                     c. Sales of Individual Non-Performing Loans: Focus on
         • Building a risk management system to enable diverse               hanging the “low hanging fruits” portfolio
             limit management and monitoring of implementation            d. Mapping all good Loan collateral in each branch/head
             before/after.                                                   office by making a list of debtors who have high collateral
         • Strengthening employee capabilities through                       liquidation value, high selling power and have no legal
             recruitment of talented employees and conducting                problems
             internal development through training and                    e. Creating a detailed action plan in each branch and monitor
             certification programs.                                         its progress according to the target date
    c. Expanding the Scope of Advanced Credit Risk Management             f. Using external capabilities: cooperation with property
         Models                                                              agents for Good Mortgage collateral
         • Implementing a sophisticated Risk Model through                g. Continuing to use the strategies that have been
             the use of internal and external data for credit rating         implemented: ABS schemes 1 and 2 (mixing balance sheets
             modeling needs to expand the scope of credit rating             and off-balance sheets to avoid large discount factors)
             model implementation.
         • Exploring the existing Risk Model for Unsecured Credit      In 2024, KB Bank has set strategic steps to increase brand
             products.                                                 awareness and accelerate the digitalization process, the Bank has
    d. Strengthening Pre and Post Monitoring to Build Compliance       formulated three main agendas in 2024 which aim to strengthen
         Culture                                                       competitiveness in the increasingly dynamic banking industry.
         • Building a Continuous Quality Assurance Monitoring          1. Increasing brand awareness through brand and logo changes.
             System to Prevent Financial Incidents & strengthen            a. Forming TFT Brand and Logo Changes (estimated time
             the “ZERO DEFECT” campaign.                                      8 months)
         • Conducting pre-assessment and periodic monitoring                  • Analysis of the brand and logo change process
             of key tasks in the head office department.                          through Customer Surveys, New Name Surveys, Activity
         • Enforcing strict disciplinary actions and encouraging                  Timelines, and Cost Analysis.
             regular ethics training.                                         • Registration of the Company's brand and logo change
2. Strengthening Special Asset Management (SAM) and Day Past                      initiative through the RBB to the OJK.
    Due (DPD)                                                                 • Approval from the OJK & Kemenkumham.
    a. Increasing the number of AO SAM in a measurable manner,                • Public Announcement
         and conducting training to improve AO SAM capabilities.
    b. Remapping the Man Power Planning Field Collection
         combined with hiring more collection agents on the
         mortgage & pension loan portfolio.




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Page 129
   b. Implementation of Brand and Logo Changes (estimated                   •   Implementation of TUNTAS QRIS as an alternative
       time 8 months)                                                           solution for customer transaction channels
       • Physical touch point → outlet rebranding.                          •   Utilizing Digital Applications for Integrated Business
       • Credit Cards/Debit Cards.                                              Collaboration with Affiliates and Subsidiaries
       • E-channel → logo rebranding and UI Design.                     b. Implementation of TUNTAS QRIS as an alternative solution
       • Marketing Communication Activities → Above the line               for customer transaction channels
           (TVC, Billboard, etc.) and Below the line (Customer          c. Utilizing Digital Applications for Integrated Business
           Gathering, souvenirs, etc.).                                    Collaboration with Affiliates and Subsidiaries.
       • Corporate Communication.                                    3. Ensure that the SHINE Project can be completed and
       • Books & Stationery (ID Cards, Business Cards, etc.).           implemented properly.
2. Developing applications that support the Digital ecosystem           The implementation of the SHINE Project aims to achieve the
   through B2B and B2C collaborations.                                  Bank's aspirations, namely:
   a. Retail Digital Apps: Enhance KBStar as one of the leading         a. [Customer] "Providing easier and more convenient banking
       digital applications for customers by increasing the                services"
       number of billers.                                                  • Even without visiting a branch, Can Provide the same
       • Obtaining new billers either directly or through B2B                  complete banking services.
           partnerships with aggregator companies.                         • By integrating branch business processing terminals,
       • Accelerating the launch of digital applications to start              So that it can increase the speed of the service process.
           sales activities (Android and iOS registration stages).      b. [Employee] "Improvement by increasing digital-based
       • Corporate Digital Application: Maximize sales through             business support"
           cross-sell product bundling and feature enhancements            • By automating manual processing, Increasing work
           according to customer needs (full features will be                  productivity and eliminating operational risks.
           available in M18)                                               • Easy, fast and reliable integrated Data Search/
       • Head Office-Branch Collaboration to engage in new                     Analysis/Utilization.
           B2B & B2C partnerships:                                      c. [Bank] "Securing the right infrastructure for a leap forward"
       • Exploring new business models with B2B partnerships,              • To enable One-Stop Banking Service, Integrated &
           such as New Collection Agent partnerships for PPOB                  Automated for key processes.
           and Mini ATMs, Korean remittance via POS, etc.                  • By internalizing tasks that have so far relied on
       • Creating new delivery channels as alternative                         outsourcing, Improving the maintenance cost structure
           transaction channels (Indomaret/Alfamart, etc.).             d. To respond to changes that may occur in the future,
       • Selectively enriching features on delivery channels               Building an open system architecture
           through direct or aggregators to increase fee income
           (BPJS, e-money, e-commerce, p2p lending, etc.).
       • Optimizing Open Banking (Open API) in line with B2C
           partnerships.




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          Management Analysis and Discussion




OPERATIONAL OVERVIEW PER
BUSINESS SEGMENT

A business segment is a group of assets and operational activities             addition, Pensioner Credit is also equipped with optimal
that provide products or services with different risk characteristics          protection through insurance.
and return rates compared to other segments. KB Bank classifies                The main features offered include a loan ceiling starting
business segments based on applicable accounting policies,                     from IDR 1 million to IDR 300 million, as well as a flexible
namely into Operating Segments and Geographical Segments.                      tenor from 1 to 15 years, with a maximum age limit at the
                                                                               time of repayment reaching 75 years.
In this case, the Company applies PSAK No. 5 (Revised 2009) to            b.   Pre-Retirement Credit (MPP)
ensure transparency in disclosing information, so that users of                Pre-Retirement Credit (MPP) is a loan facility provided
financial statements can assess the characteristics and financial              to Civil Servants (PNS) who are entering the retirement
impacts of business activities and the economic conditions in                  preparation period, namely up to two years before
which KB Bank operates.                                                        retirement. This product is designed as a financial solution
                                                                               to prepare for the future with optimal protection through
In running its business, KB Bank focuses on collecting funds,                  insurance.
distributing credit, and providing banking services by developing              The advantages of MPP Credit include easy application
products that are oriented to customer needs.                                  process, light requirements, and competitive interest
                                                                               rates. Installment payments can be made both before
In the banking sector, production refers to the achievements                   and after retirement. The available loan ceiling starts
obtained from marketing products and services carried out by the               from IDR 1 million to IDR 300 million, with a maximum
Bank. In this report, the production performance of KB Bank as                 term of 15 years.
the main entity will be described, while the achievements of the          c.   Car Ownership Credit
Conventional Segment and Sharia Segment as Subsidiaries will                   Car Ownership Credit is a loan facility intended for
be further explained in the analysis and management discussion                 customers to purchase four-wheeled vehicles, both new
in this annual report.                                                         and used cars. This product offers a fast application
                                                                               process, light requirements, and flexible payment
Overall, KB Bank's business segments are divided into two                      schemes, making it easier for customers to own their
main categories, namely Operating Segments and Geographical                    dream vehicle.
Segments. Where the Operating Segment includes the                        d.   Home/Apartment Ownership Credit
Conventional, Financing, and Sharia groups. Geographical                       Home/Apartment Ownership Credit is a loan facility
Segments are classified based on operational areas, namely                     provided to customers to meet various needs, such as
Java, Sumatra, Kalimantan, and other areas.                                    purchasing, renovating, or increasing the utility value
                                                                               of houses and apartments. This product offers a fast
Operating Segment                                                              application process, easy requirements, and flexible
                                                                               payment schemes, helping customers realize their dream
Conventional Banking Segment                                                   homes more easily.
                                                                          e.   Multipurpose Credit (KSG)
Conventional Banking consists of Credit products, Fund Products                Multipurpose Credit (KSG) is a loan facility provided to
and Other Services.                                                            customers who are employees in companies with payroll
                                                                               services at KB Bank. This loan can be used for various
Credit Products                                                                purposes, such as education costs, weddings, medical
                                                                               care, travel, purchasing household appliances, and other
KB Bank offers various credit products, including Retail Credit,               consumer needs.
MSME Credit, and Wholesale Credit.                                        f.   Back to Back Credit
                                                                               Back to Back Credit is a loan facility provided to customers
Retail Credit                                                                  with collateral in the form of savings, deposits, or checking
                                                                               accounts, thus offering a safe and flexible financing
1. Retail Credit                                                               solution.
   a. Pensioner Credit
      KB Bank offers Pensioner Credit as a business capital
      loan solution for retirees and widows/widowers of
      retirees who receive monthly pensions. This product
      is designed to support them to remain productive with
      various advantages, such as a fast application process,
      easy requirements, and competitive interest rates. In

Annual Report 2024                                                  130                                          PT Bank KB Bukopin Tbk
Page 131
   g. Credit Card                                                                operational activities of the company, down payments,
      KB Bank provides a variety of Credit Card options, including               cash reserves, or other working capital components
      VISA, MASTERCARD, and private label (KB Bank Card), which                  according to the character of the debtor's business
      are designed to meet shopping and cash transaction                         with a maximum repayment period of 1 (one) year.
      needs easily and conveniently. With low and competitive               ii) Investment Credit (KI)
      interest rates, KB Bank credit cards provide flexibility                   Is a medium-term and long-term credit facility
      without interest rate differences between shopping and                     provided to debtors to finance the procurement of
      cash withdrawal transactions. Currently, KB Bank offers                    fixed assets and/or to finance the need for capital
      various types of credit cards that can be adjusted to                      goods, including for rehabilitation, modernization,
      customer needs, including:                                                 expansion, new projects, takeovers and refinancing
      i) Infinite Credit Card;                                                   with a repayment period of between 3 (three) to 10
      ii) World Credit Card;                                                     (ten) years that have derivative products.
      iii) Platinum Credit Card;                                         b. Non-Cash Loan Products
      iv) Business Credit Card;                                             Non-Cash Loan Products include Letter of Credit (L/C),
      v) Customized Credit Card;                                            Domestic Documented Credit Letter (SKBDN) and Bank
      vi) Gold Credit Card;                                                 Guarantee/SBLC/Demand Guarantee.
      vii) Classic Credit Card;                                             i) Letter of Credit (L/C)
      viii) Private Label KB Bank Card.                                          Is an instrument or written promise issued by a Bank
   h. Active Civil Servant Credit Channeling BPR                                 (issuing Bank) at the request and written instructions
      Active Civil Servant Credit Channeling BPR is a loan facility              of the Debtor/customer (applicant).
      provided to active Civil Servants through cooperation                 ii) Domestic Documented Credit Letter (SKBDN)
      between KB Bank and BPR owned by Regional Government/                      Commonly known as Domestic “Letter of Credit”
      City Government throughout Indonesia. This product is                      (SKBDN) is any written promise based on a written
      designed to assist Civil Servant in opening a business                     request from the applicant that binds the opening
      or meeting various other needs, with the advantage of                      Bank.
      wide reach to remote areas according to the location                  iii) Bank Guarantee
      of the BPR. This credit offers a fast application process,                 Is a promise with certain terms and conditions
      easy requirements, and optimal protection through                          regulated and stipulated in the Bank guarantee
      insurance guarantees. Available features include a loan                    agreement between the Bank and the Debtor/Principal
      ceiling ranging from IDR 1 million to IDR 200 million, with                stating that upon the Principal's request, for a certain
      a maximum tenor of 15 years or until retirement age.                       period of time, a certain amount and certain purposes,
                                                                                 the Bank will pay the Principal's obligations to the
MSME Credit                                                                      Obligee, if the Principal defaults (breaks the promise)
                                                                                 to the Obligee.
KB Bank provides MSME products in two segments, namely Small          2. Micro Credit
and Medium Enterprises (SME) Credit and Micro Credit.                    a. People's Business Credit (KUR)
1. SME Credit                                                               People's Business Credit (KUR) is a financing facility
   UMKM Credit is a financing facility that includes two types of           intended for micro, small, medium enterprises, and
   products, namely Cash Loan and Non-Cash Loan. Cash Loan                  cooperatives that have feasible business potential but
   products consist of Working Capital Credit, Investment Credit,           do not yet fully meet banking requirements (bankable).
   and various derivative products or programs developed from               This credit can be used for working capital or investment,
   these generic products. This credit is designed to support the           with a direct or indirect financing scheme (linkage), and
   growth and development of small and medium enterprises                   is equipped with a guarantee from the Credit Guarantee
   with a flexible financing scheme and according to business               Institution.
   needs.                                                                b. Swamitra Non-Fixed Capital Credit
   a. Cash Loan Products                                                    Swamitra is a form of cooperation between KB Bank and
       i) Working Capital Credit (KMK)                                      cooperatives in developing and modernizing Savings and
           Is a short-term credit facility provided to debtors to           Loan Businesses (USP) through the use of technology and
           finance the procurement of current assets and/or                 management system support. This partnership allows USP
           replace trade debts, temporarily finance routine (daily)         to provide broader financial transaction services, while




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           Management Analysis and Discussion



         still complying with applicable laws and regulations. Non-Fixed Capital Credit (MTT) is a loan facility provided by KB Bank to
         cooperatives as working capital to support the operational activities of Swamitra savings and loan businesses.

Wholesale Credit

Wholesale Credit is a credit facility provided with a credit limit of more than IDR200 billion. In this segment, there are three main
types of products, namely Working Capital Credit, Investment Credit, and Syndicated Credit.
1. Working Capital Credit
   Working Capital Credit is a short-term financing facility provided to meet the debtor's working capital needs, with a maximum
   repayment period of one year. This credit is designed to help customers increase liquidity, meet funding needs, and run the
   company's daily operations optimally.
2. Investment Credit
   Investment Credit is a medium and long-term financing facility provided to debtors to support the procurement of fixed assets,
   development of facilities, or construction of projects that support the smooth running of the business. This credit aims to fund
   business operations, production of goods or services, with a return of funds sourced from the commercialization of the project.
   The repayment period for this credit ranges from 3 to 10 years.
3. Syndicated Credit
   Syndicated Credit is a financing facility provided to debtors through cooperation between several banks to jointly fund a project.
   This scheme allows for large-scale funding with risks distributed among lenders.

Credit Product Profitability

As of December 31, 2024, total credit disbursed by KB Bank was recorded at IDR47.53 trillion, indicating a decrease of 3.83% or a
decrease of IDR1.89 trillion. The decrease was due to the Company's strategy to reduce poor quality portfolios, namely reducing LAR
through various schemes, covering intensive collection, portfolio sales and write-offs.


                                                       Credit Product Performance
                                                                                                                                         (in billion Rupiah)
                                             2024                                        2023                            Increase (Decrease)
         Product                Total           Composition               Total              Composition             Nominal               Percentage
                                (IDR)              (%)                    (IDR)                 (%)                   (IDR)                    (%)

 MSME Credit                        11.619                   24,45%             15.633                  31,63%           (4.014)                   -25,68%

 Consumer Credit                    14.754                   31,04%             12.458                  25,21%             2.296                    18,43%

 Wholesale Credit                   21.154                   44,51%             21.328                  43,16%             (173)                    -0,81%

 Total                             47.527               100,00%                 49.419                100,00%            (1.891)                   -3,83%

                                                    Retail Credit Product Performance
                                                                                                                                         (in billion Rupiah)

                                                        2024                                     2023                      Increase (Decrease)
                Product                        Total           Composition               Total        Composition       Nominal              Percentage
                                               (IDR)              (%)                    (IDR)           (%)             (IDR)                   (%)
 MSME Credit                                        11.619             44,06%                15.633         55,65%             (4.014)             -25,68%
 Consumer Credit                                    14.754             55,94%               12.458          44,35%              2.296               18,43%

 TOTAL                                              26.373            100,00%              28.091         100,00%              (1.718)              -6,12%

In 2024, retail credit performance decreased by 6.12% or decreased by IDR1.72 trillion when compared to the previous year which was
recorded at IDR28.10 trillion. The descrease was due to the Company's strategy to reduce poor quality portfolios, namely reducing
LAR through various schemes, covering intensive collection, portfolio sales and write-offs.




Annual Report 2024                                                       132                                                   PT Bank KB Bukopin Tbk
Page 133
Credit Card

KB Bank has been developing the Credit Card business since 2003, making it one of the mature business segments. This business
remains a promising choice with bright prospects in providing easy services for customers.

Through KB Bank VISA, MASTERCARD, and private label (KB Bank Card) Credit Cards, customers can enjoy various conveniences,
including shopping transactions and cash withdrawals. In addition, this credit card offers low and competitive interest rates for all
types of transactions.

Currently, the Company provides various types of credit cards, including:
1. Infinite Credit Card;
2. World Credit Card;
3. Platinum Credit Card;
4. Business Credit Card;
5. Customized Credit Card;
6. Gold Credit Card;
7. Classic Credit Card;
8. Private label KB Bank Card.

Credit Card Business Performance

The Company is one of the banks in Indonesia that has a license as a Credit Card issuer and card payment recipient through EDC
machines. In addition, the Company also has a license to issue private label cards known as KB Bank Card. With the support of
regulations and available infrastructure, the Company's credit card business has a great opportunity to continue to grow.

Throughout 2024, KB Bank continues to strive for credit card business growth and payment acceptance by implementing the following
strategies:
1. Focus on acquiring Infinite & World Card Credit Cards for Priority customers
2. Distribution of Business Card Credit Cards for the Bank's Strategic Partners, especially corporate customers and subsidiaries &
    affiliates
3. EDC machine marketing is more focused on Korean Merchants including Restaurants, Supermarkets, Clinics, Cinemas & Car Dealers
    while other segments focus on anchor merchants and chain stores


                                          2023-2024 Credit Card Business Performance
                                                                                                                      Growth
                   Description                               2024                    2023
                                                                                                         Difference          Percentage (%)
 Total Cardholders                                                    538.783             553.842               (15.059)                 -2,72%
 Card User (billion IDR)                                                  515                 623                 (108)                 -17,34%
 Credit Issued (billion IDR)                                              380                 457                     (77)              -16,78%
 Fee-based Credit Card (billion IDR)                                       29                 38                       (9)             -23,68%
 Sales Volume of Merchant (billion IDR)                                   229                 359                 (130)                 -36,21%
 Fee-based Merchant (billion IDR)                                             4                  4                      -                0,00%


MSMEs Credit
                                              MSMEs Credit Product Performance
                                                                                                                                 (in billion IDR)
                                                        2024                              2023                        Increase (Decrease)
                   Product                     Total          Composition         Total       Composition        Nominal         Percentage
                                               (IDR)             (%)              (IDR)          (%)              (IDR)              (%)
 SMEs Credit                                      10.861             93,47%          14.609           93,45%           (3.749)          -25,66%
 Micro Credit                                          759            6,53%           1.024            6,55%             (266)          -25,94%

 Total                                            11.619            100,00%          15.633          100,00%          (4.014)         -25,68%




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          Management Analysis and Discussion



KB Bank recorded MSMEs Credit performance in 2024 of IDR11.62 trillion, which is a decrease of 25.68% or equivalent to IDR4.01 trillion
when compared to the previous year which was recorded at IDR15.63 trillion. This decline was mainly due to the transfer of problematic
SME credit portfolios to other departments or those written off.

SMEs Credit
                                                                                                                             (in billion IDR)

                                                            2024                            2023                  Increase (Decrease)

                  Product                      Total              Composition    Total           Composition    Nominal      Percentage
                                               (IDR)                 (%)         (IDR)              (%)          (IDR)           (%)

 Working Capital Loan                                  4.708           43,35%        5.000            34,23%         (292)           -5,84%
 Investment Loan                                       1.862            17,15%           2.762         18,91%        (900)          -32,58%
 Equipment Financing                                        64          0,59%             125          0,85%          (61)         -48,88%
 Dealer Financing                                       512             4,72%             640          4,38%         (127)          -19,89%
 Other                                                 3.714            34,19%       6.082             41,63%      (2.369)          -38,94%

 Total                                               10.861           100,00%       14.609          100,00%        (3.749)        -25,66%


By the end of 2024, total SMEs credit was IDR10.86 trillion, which is a decrease of 25.66% or equivalent to IDR3.75 trillion when compared
to the position at the end of 2023 which reached IDR14.61 trillion. This was mainly influenced by the transfer of problematic debtors
and SME debtors who were written off.

Micro Credit
                                                                                                                             (in billion IDR)
                                                            2024                           2023                   Increase (Decrease)
                 Product                      Total              Composition     Total           Composition    Nominal      Percentage
                                              (IDR)                 (%)          (IDR)              (%)          (IDR)           (%)

 People’s Business Credit                                   86          0,74%             110          0,71%          (24)          -21,78%

 Swamitra Non-Fixed Capital Credit                      672             5,79%             914          5,85%         (242)          -26,44%

 Total                                                  759             6,53%        1.024            6,55%         (266)         -25,94%


The amount of micro credit in 2024 reached IDR759 billion, which is a decrease of IDR266 billion or equivalent to 25.94% when compared
to the position in 2023 which was recorded at IDR1.02 trillion. This was influenced by the bank's policy not to increase Swamitra's
current credit exposure, while for People’s Business Credit (KUR) products, the decrease was due to the elimination of KUR Center
and RM KUR in 2024, so that business units carried out more non-KUR credit processes.

Fee based Income Non Cash Loan
                                                                                                                             (in billion IDR)
                                                        2024                                2023                  Increase (Decrease)
                 Product                    Total                Composition     Total           Composition    Nominal      Percentage
                                            (IDR)                   (%)          (IDR)              (%)          (IDR)           (%)

 Trade Finance                                        5,9               80,22%           7.070           62%        -1.170          -16,55%
 Bank Guarantee                                     1.455               19,78%       11.398              38%        -9.943          -87,23%

 Total                                           7.355                   100%       18.468             100%        -11.113         -60,17%


KB Bank recorded Total Fee Based Income Non Cash Loan as of December 31, 2024 of Rp7.36 trillion, a decrease of 60.17% or equivalent
to Rp11.11 trillion when compared to the position as of December 31, 2023 which was recorded at Rp18.47 trillion. This is due to
restrictions on the issuance of Bank Guarantees (BG) in 2024, namely the issuance of BG only for PLN projects guaranteed by PT
Asuransi Perisai Listrik Nasional (APLN).




Annual Report 2024                                                     134                                        PT Bank KB Bukopin Tbk
Page 135
Wholesale Credit
The description of the performance of each product during the fiscal year period is as follows.
                                                   Wholesale Product Performance
                                                                                                                          (in billion IDR)
                                                       2024                             2023                  Increase (Decrease)
               Product                    Total              Composition     Total           Composition    Nominal       Percentage
                                          (IDR)                 (%)          (IDR)              (%)          (IDR)            (%)

 Working Capital Loan                             8.461            40,00%       10.361            48,58%       (1.900)           -18,34%
 Investment Loan                                  5.873             27,76%           6.415        30,08%         (542)            -8,45%

 SIndication Credit                            6.820                32,24%       4.551            21,34%         2.269           49,86%

 Total                                        21.154              100,00%       21.328          100,00%          (173)           -0,81%

The amount of Wholesale credit until the end of 2024 was recorded at IDR21.15 trillion, which is a decrease of IDR173 billion due to
the inclusion of SAM or equivalent to -0.81% when compared to 2023 which was recorded at IDR21.33 trillion. This decrease occurred
due to loan expansion.

Wholesale Credit
                                                                                                                          (in billion IDR)
                                                          2024                          2023                  Increase (Decrease)
               Product                     Total             Composition     Total           Composition    Nominal        Percentage
                                           (IDR)                (%)          (IDR)              (%)          (IDR)             (%)

 Koreanlink                                        6.312            29,87%           4.242        19,89%         2.069            48,77%

 Non-Korean                                    14.843               70,16%       17.085            80,11%       (2.242)           -13,12%

 Total                                         21.154             100,00%       21.328          100,00%          (173)           -0,81%

Throughout 2024, KB Bank recorded a wholesale credit of IDR21.15 trillion, which is a decrease of IDR173 billion or -0.81% compared
to the previous year which reached IDR21.33 trillion. This was mainly influenced by remittance/repayment.

Fund Products

The fund products offered by the Company consist of Retail and Wholesale fund products.
1. Retail Segment
   The Retail business segment includes funding for MSMEs and consumers, which are combined to create greater opportunities for
   marketing funding. This change allows KB Bank to expand funding potential not only from individual customers, but also from
   business entities or companies.
   The main focus of this segment is to increase the number of customers in the mass affluent (middle) category, build a funding
   structure with a stable composition of low-cost funds, and encourage an increase in the number of transactions. The Retail
   funding business strategy is also strengthened by an integrated marketing program that is not only aimed at selling products,
   but also strengthening KB Bank's image.
   The following are the funding products offered in the Retail business:
   a. Current Account
   b. Third party fund savings that can be withdrawn using an ATM card (individual), check, current account bill, or other equivalent
       order. The types of current account provided by KB Bank to customers are:
       • General Current Account
           Savings in Rupiah currency to meet the company's daily transaction needs.
       • Foreign Currency Current Account
           Savings in foreign currency to meet the company's daily foreign currency transaction needs.
   c. Savings
       KB Bank offers various types of savings products designed to meet the various needs of customers, both for daily transactions,
       future financial planning, investments to optimize interest income, to preparing funds for business and religious needs. The
       following are the types of savings available at KB Bank:
       • KB Bank Tabungan Siaga Savings
           Savings whose withdrawal can only be made according to certain agreed conditions, and cannot be withdrawn by check/
           current account bill or equivalent.

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           Management Analysis and Discussion



       •  KB Bank Tabungan Siaga Cooperation                                     Term deposits in foreign currency for individual
          Savings cooperation designed specifically for                          customers and business entities that can only be
          cooperation between PT Bank KB Bukopin Tbk and                         withdrawn at certain times according to the agreement.
          companies in the context of payroll (employee                      •   Merdeka Deposits
          salary payment) or other cooperation that has the                      Term deposits that can be withdrawn at any time
          characteristic of collective savings opening.                          according to the agreement between the customer
      • KB Bank Business Tabungan Siaga Savings (Individuals                     and the Company, with the added value of being free
          and Business Entities)                                                 of penalty fees if cashed before maturity.
          Savings intended for individuals and business entities             •   Online Deposits
          that are legal entities or not. This savings provides                  Term deposits for individual customers that can
          convenience for customers in monitoring their                          only be withdrawn at certain times according to the
          business transactions printed in the savings book.                     agreement in rupiah currency and can only be accessed
          The services provided to business savings account                      online through the KB Bank digital application.
          holders are very attractive, including the availability
          of ATM cards, e-banking, and automatic fund transfer        2. Wholesale
          facilities from savings to current accounts or vice versa      The Wholesale fund business acts as a balancing segment in
          (SiAgamatic).                                                  the growth of third-party funds and the Company's liquidity
      • KB Bank Premium Tabungan Siaga Savings                           needs. This segment targets state-owned and national private
          Savings with interest equivalent to deposits that have         companies by implementing a follow the money strategy and
          various services, conveniences, and flexibility.               increasing depositor loyalty through operational banking
      • KB Bank Savings Plan                                             cooperation as the basis for fund placement.
          Savings intended for individuals to meet future needs          The products and services offered are packaged in an
          with a fixed deposit amount each month and can                 integrated service system, including cash management,
          only be withdrawn at certain times according to the            host to host (H2H) payments, virtual accounts, and various
          agreement.                                                     other transaction services. The main source of funds in the
      • KB Bank Dollar Tabungan Siaga Savings                            Wholesale business comes from current accounts and deposits
          Savings in foreign currency for customer transaction           with competitive interest rates. Following are the details of
          needs.                                                         Wholesale business fund products:
      • Tabunganku                                                       a. Currect Account
          Savings which are a Government program intended                    • General Currect Account
          for individuals without administrative fees.                           Deposits in Rupiah currency to meet the company's
      • Siaga Retirement Savings                                                 daily transaction needs.
          Savings intended to collect funds from retirees
          including pension payments.                                        • Foreign Currency Currect Account
      • SIMPEL Savings (Student Savings)                                       Deposits in foreign currency to meet the company's
          Savings for students issued nationally by banks in                   daily foreign currency transaction needs.
          Indonesia, with easy and simple requirements and               b. Deposit
          attractive features, in the context of education and              • KB Bank Rupiah Deposit
          inclusion to encourage a culture of saving from an                   Term deposits for individual customers and business
          early age.                                                           entities whose withdrawals can only be made at
      • SiAga Digital Savings (KBstar)                                         certain times according to the agreement in Rupiah
          Digital-based individual savings where account                       currency.
          opening can be done only through an application                   • Foreign Currency Deposits
          that contains various features that can be accessed                  Term deposits in foreign currency for individual
          to carry out various transactions.                                   customers and business entities whose withdrawals
   d. Deposit                                                                  can only be made at certain times according to the
      KB Bank provides deposit products as a term deposit                      agreement.
      solution that offers more competitive interest rates than             • On Call Deposits
      savings and current accounts. This product is designed                   Term deposits whose withdrawals can only be made
      to meet the needs of customers who want savings with                     with prior notification according to the agreement
      a certain period of time and more optimal returns. In the                between the customer and the bank.
      Retail business segment, KB Bank offers various deposit
      options as follows:
      • General Deposits
          Term deposits for individual customers and business
          entities whose withdrawals can only be made at
          certain times according to the agreement in rupiah
          currency.
      • Foreign Currency Deposits

Annual Report 2024                                                136                                         PT Bank KB Bukopin Tbk
Page 137
Fund Product Productivity

The total number of accounts collected by KB Bank as of December 31, 2024 was recorded at 440,657 units, which is a decrease of
-103,783 units or equivalent to -19.06% when compared to 2023 which was recorded at 544,440 units. This was due to the closure of
dormant accounts with a balance of 0.


                                                         Number of Fund Product Accounts
                                                                                                                                            (in account units)
                                                2024                                            2023                          Increase (Decrease)

           Product                      Total            Composition              Total                 Composition        Nominal            Percentage
                                        (IDR)               (%)                   (IDR)                    (%)              (IDR)                 (%)

 Retail                                     438.531               99,52%                542.626                99,67%         (104.095)               -19,18%

 Wholesale                                      2.126              0,48%                  1.814                0,33%                  312              17,20%

 Total                                     440.657               100,00%            544.440                 100,00%           (103.783)             -19,06%

Meanwhile, in 2024, KB Bank recorded funds of Rp46.59 trillion, an increase of 4.03% or equivalent to Rp1.8 trillion when compared to
2023 which reached Rp44.79 trillion. This is the Bank's strategy to increase low-cost funds and reduce COF from third-party placements.


                                                           Total Fund of the Fund Product
                                                                                                                                               (in billion IDR)
                                                        2024                                       2023                        Increase (Decrease)

             Product                       Total               Composition              Total             Composition       Nominal            Percentage
                                           (IDR)                  (%)                   (IDR)                (%)             (IDR)                 (%)

Retail                                           29.769              63,89%                    30.008           67,00%              (240)              -0,80%
Wholesale                                        16.824               36,11%                   14.781           33,00%             2.044               13,83%

Total                                           46.593              100,00%                44.789             100,00%              1.804               4,03%

Retail Funds

The Retail business funding segment is obtained through various savings, checking, and deposit products offered to individuals and
business entities. The following is a summary of the Company's Retail fund product performance:


                                                           Number of Retail Fund Account
                                                                                                                                               (in billion IDR)
                                   2024                                                 2023                                Increase (Decrease)
    Product            Total               Composition                 Total                   Composition               Nominal              Percentage
                       (IDR)                  (%)                      (IDR)                      (%)                     (IDR)                   (%)

 Current
                               13.089                   2,98%                  13.650                      2,52%                   (561)               -4,11%
 Account
 Savings                    409.311                     93,34%               512.298                      94,41%              (102.987)               -20,10%

 Deposit                       16.131                   3,68%                  16.678                      3,07%                   (547)               -3,28%

 Total                     438.531                 100,00%                 542.626                      100,00%              (104.095)               -19,18%


The number of third-party fund accounts in the KB Bank Retail fund segment was recorded to have decreased by 104,095 units compared
to 2023 which was recorded at 542,626 units to 438,531 units in 2024. This decrease occurred due to the number of third-party fund
accounts in the KB Bank Retail fund segment was recorded to have decreased by 105,984 units from 2023 which was recorded at
542,626 units to 436,642 units in 2024. The decrease occurred due to a decrease in accounts caused by accounts with dormant status
and the balance in the account was IDR 0.


Annual Report 2024                                                             137                                                 PT Bank KB Bukopin Tbk
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           Management Analysis and Discussion




                                            Total Third Party Funds from Retail Segment
                                                                                                                                      (in billion IDR)
                                                             2024                                2023                   Increase (Decrease)
               Product                       Total                 Composition       Total              Composition   Nominal         Percentage
                                             (IDR)                    (%)            (IDR)                 (%)         (IDR)              (%)
 Current Account                                     3.358                11,28%             1.763            5,88%        1.594             90,42%
 Savings                                             5.468                18,37%            5.056            16,85%         412                8,16%
 Deposit                                            20.943                70,35%           23.189            77,28%      (2.246)              -9,69%

 Total                                              29.769              100,00%        30.008              100,00%        (240)             -0,80%


KB Bank recorded the Total Third Party Funds of the Retail Segment in 2024 at IDR29.77 trillion, which is a decrease of 0.80% or
equivalent to IDR240 billion when compared to the previous year which was recorded at IDR30.01 trillion. This decrease was mainly
due to withdrawals from the bank's large customers.

Current Account

As of December 31, 2024, the number of checking accounts in the KB Bank Retail fund segment reached 13,089 units, which is a
decrease of 4.11% or equivalent to 561 units when compared to the previous year's achievement of 13,650 units. This was influenced
by a decrease in business activity (banking transactions) due to the impact of the limited number of bank branch offices.


                                                     Number of Retail Current Accounts
                                                                                                                                   (in account units)
                                                          2024                                   2023                   Increase (Decrease)
              Product                      Total               Composition         Total             Composition      Nominal         Percentage
                                           (IDR)                  (%)              (IDR)                (%)            (IDR)              (%)
 General Current Account                        12.625                  96,46%        13.127                 96,17%        (502)              -3,82%
 Foreign Currency Current Account                   464                  3,54%             523                3,83%         (59)             -11,28%

 Total                                         13.089                  100,00%       13.650                100,00%         (561)              -4,11%



                                                     Total Retail Current Account Funds
                                                                                                                                      (in billion IDR)
                                                            2024                                 2023                   Increase (Decrease)
              Product                       Total                Composition        Total            Composition      Nominal           Percentage
                                            (IDR)                   (%)             (IDR)               (%)            (IDR)                (%)
 General Current Account                            3.140                 93,51%           1.722            97,63%           1.418            82,37%
 Foreign Currency Current Account                    218                   6,49%              42             2,37%              176          422,28%

 Total                                             3.358                100,00%            1.763          100,00%           1.594            90,42%


By the end of 2024, the total funds from current account products in the KB Bank Retail fund segment reached IDR3.36 trillion, which is
an increase of 90.42% or equivalent to IDR1.59 trillion when compared to the position at the end of 2023 which reached IDR1.76 trillion.

Savings

As of December 31, 2024, the number of savings product accounts in the Retail fund segment reached 409,311 units, which is a decrease of
20.10% or a decrease of 102,987 units when compared to the previous year's achievement of 512,298 units. This decrease was mainly due to the
competition with competitors over the existence of digital services that make it easier for customers to transact through digital applications.




Annual Report 2024                                                       138                                            PT Bank KB Bukopin Tbk
Page 139
                                                  Number of Retail Savings Accounts
                                                                                                                                       (in account units)
                                                    2024                                   2023                        Increase (Decrease)
                 Product                  Total              Composition      Total           Composition            Nominal               Percentage
                                          (IDR)                 (%)           (IDR)              (%)                  (IDR)                    (%)
 SiAga KB Bank                               57.266               13,99%        65.924                  12,87%             (8.658)               -13,13%
 SiAga KB Bank Cooperation                    56.713              13,86%        53.385                  10,42%                 3.328               6,23%
 SiAga KB Bank Plan                            3.997               0,98%         5.187                   1,01%              (1.190)              -22,94%

 SiAga KB Bank Individual Business             7.391               1,81%         8.463                   1,65%              (1.072)              -12,67%

 SiAga KB Bank Business Entity                 5.120               1,25%         7.194                  1,40%               (2.074)              -28,83%
 SiAga KB Bank Premium                         1.436               0,35%         1.488                  0,29%                   (52)              -3,49%
 SiAga KB Bank Foreign Currency                   343              0,08%          283                   0,06%                    60               21,20%
 SiAga KB Bank Retirement                   200.093               48,89%       190.276                  37,14%                 9.817               5,16%
 SIMPEL                                      33.533                8,19%        32.705                  6,38%                   828                2,53%
 Tabungan Rakyat Savings                      3.630                0,89%         3.632                   0,71%                   (2)              -0,06%
 SiAga Digital (KBstar)                      152.681              37,30%        98.671                 19,26%               54.010                54,74%
 TabunganKu                                  43.389               10,60%        48.722                   9,51%             (5.333)               -10,95%
 Other Savings                                     30              0,01%               -                0,00%                     30                     -

 Total                                      409.311              100,00%      512.298               100,00%             (102.987)               -20,10%


                                             Total Funds for Retail Savings Products
                                                                                                                                           (in billion IDR)
                                                         2024                                  2023                      Increase (Decrease)
                  Product                   Total             Composition         Total               Composition     Nominal              Percentage
                                            (IDR)                (%)              (IDR)                  (%)           (IDR)                   (%)
 SiAga KB Bank                                     1.144            20,92%                   922            18,23%              222               24,09%
 SiAga KB Bank Cooperation                          195              3,57%                   207            4,09%               (12)               -5,66%
 SiAga KB Bank Plan                                  59              1,08%                    85             1,68%              (26)             -30,46%
 SiAga KB Bank Individual Business                  497              9,09%                   487             9,63%               10                 2,03%
 SiAga KB Bank Business Entity                     1.027            18,78%                   942            18,64%               85                 8,99%
 SiAga KB Bank Premium                             1.254            22,93%                  1.433           28,35%             (179)              -12,50%
 SiAga KB Bank Foreign Currency                      82              1,50%                    54             1,06%               28               52,66%
 SiAga KB Bank Retirement                           381              6,97%                   344            6,80%                 37               10,87%
 SIMPEL                                                 2            0,04%                     3            0,05%                (1)              -20,14%
 Tabungan Rakyat Savings                      184.301             3.370,42%            266.083           5.262,95%        (81.782)                -30,74%
 SiAga Digital (KBstar)                           24.983           456,88%                 19.995          395,49%             4.988               24,95%
 TabunganKu                                             75           1,37%                    87             1,73%              (12)              -14,20%
 Other Savings                               (208.532)            -3813,54%           (285.585)          -5648,70%         77.054                -26,98%

 Total                                            5.468            100,00%                 5.056         100,00%                412                8,16%


The total savings product funds in the Retail fund segment up to December 31, 2024 were recorded at IDR5.47 trillion, which an increase
of IDR412 billion or 8.16% compared to the position on December 31, 2023, which reached IDR5.06 trillion. This was mainly driven by
the CASA campaign program in 2024.




Annual Report 2024                                                    139                                                 PT Bank KB Bukopin Tbk
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          Management Analysis and Discussion



Deposit

Up to December 2024, the number of deposit product accounts in the Retail fund segment was recorded at 16,131 units, which is a
decrease of 547 units or 3.28% compared to the position on December 31, 2023, which reached 16,678 units. This was mainly due to a
decrease in customer fund placements in deposit products, which affected deposit accounts.


                                            Number of Retail Deposit Product Accounts
                                                                                                                                       (in account units)
                                                   2024                                       2023                      Increase (Decrease)
           Product                   Total                Composition           Total            Composition         Nominal             Percentage
                                     (IDR)                   (%)                (IDR)               (%)               (IDR)                  (%)
 General Deposit                             12.766               79,14%           14.004                 83,97%          (1.238)                 -8,84%
 Foreign Currency Deposit                         243              1,51%                269                1,61%               (26)               -9,67%

 Merdeka Deposit                              3.106              19,25%             7.533                 45,17%          (4.427)                -58,77%

 Business Entity Deposit                            -             0,00%             2.195                 13,16%          (2.195)              -100,00%

 Deposit on Call (DOC)                             16             0,10%                  10               0,06%                  6               60,00%

 Total                                       16.131             100,00%           16.678                100,00%               (547)              -3,28%


                                                    Total Retail Deposit Product Funds
                                                                                                                                          (in billion IDR)
                                                   2024                                         2023                    Increase (Decrease)
          Product                 Total                   Composition              Total             Composition    Nominal            Percentage
                                  (IDR)                      (%)                   (IDR)                (%)          (IDR)                 (%)
 General Deposit                      19.589                          93,53%            14.447            62,30%        5.142                     35,59%
 Foreign Currency Deposit                 1.122                       5,36%                984             4,25%          138                     13,97%
 Merdeka Deposit                           232                          1,11%              348             1,50%         (116)                   -33,31%
 Business Entity Deposit                      -                       0,00%              6.771            29,20%       (6.771)                 -100,00%
 Deposit on Call (DOC)                        -                       0,00%                639             2,76%        (639)                  -100,00%

 Total                                20.943                     100,00%                23.189          100,00%       (2.246)                    -9,69%

KB Bank recorded the amount of deposit product funds in the Retail fund segment in 2024 at IDR20.94 trillion, a decrease of IDR2.25
trillion or 9.69% compared to 2023 which was recorded at IDR23.19 trillion. This was mainly driven by the bank's strategy to increase
low-cost funds and reduce COF from the third fund placement while maintaining total managed funds stable.

Wholesale Funds

In the Wholesale business segment, the Company offers three types of savings products for Wholesale customers, namely Current
Accounts, Savings, and Deposits. The Company proactively utilizes the network of Korean companies operating in Indonesia to
encourage the growth of Wholesale funds. The following are details of the performance of Wholesale fund products successfully
collected by this business segment:


                                                   Number of Wholesale Fund Accounts
                                                                                                                                       (in account units)
                                              2024                                         2023                          Increase (Decrease)
          Product                 Total                 Composition             Total                Composition      Nominal             Percentage
                                  (IDR)                    (%)                  (IDR)                   (%)            (IDR)                  (%)
 Current Account                          1.133                53,29%                   1.135              62,57%                (2)              -0,18%
 General Current Account                     941               44,26%                    945               52,09%                (4)              -0,42%
 Foreign Currency Current
                                             192                9,03%                    190               10,47%                 2                1,05%
 Account


Annual Report 2024                                                       140                                               PT Bank KB Bukopin Tbk
Page 141
                                                    Number of Wholesale Fund Accounts
                                                                                                                                           (in account units)
                                               2024                                        2023                            Increase (Decrease)
            Product                 Total             Composition               Total              Composition           Nominal              Percentage
                                    (IDR)                (%)                    (IDR)                 (%)                 (IDR)                   (%)
 Savings                                     270                 12,70%                   132               7,28%                  138              104,55%
 Deposits                                    723               34,01%                     547              30,15%                  176                32,18%
 Rupiah Deposits                             618               29,07%                     510              28,11%               108                   21,18%
 Foreign Currency Deposits                    84                 3,95%                    29                1,60%                   55              189,66%
 Deposits on Call (DOC)                       21                 0,99%                     8                0,44%                   13              162,50%

 Total                                      2.126             100,00%                   1.814            100,00%               312                   17,20%


By the end of 2024, the number of product accounts in the Wholesale fund segment was recorded at 2,126 units, which is an increase
of 312 units or 17.20% compared to the previous year's position which reached 1,814 units. The increase in the number of accounts
occurred because NTB (New To Bank) increased, in line with the achievement of the set business targets. The increase in NTB (New To
Bank) itself was influenced by new loan transactions that used the DPK (Third Party Funds) component, hence it had a direct impact
on the increase in accounts.


                                                              Total Wholesale Fund
                                                                                                                                              (in billion IDR)
                                                          2024                                      2023                     Increase (Decrease)
                Product                       Total            Composition               Total           Composition       Nominal            Percentage
                                              (IDR)               (%)                    (IDR)              (%)             (IDR)                 (%)
 Current Account                                      2.931               17,42%                 1.414         9,57%               1.517             107,27%
 General Current Account                              2.324               13,82%                1.005          6,80%           1.320                 131,39%
 Foreign Currency Current Account                      607                 3,61%                  410            2,77%              197               48,14%
 Savings                                              1.447               8,60%                  1.817        12,30%               (370)            -20,36%
 Deposits                                           12.446                73,97%                11.549         78,14%               897                7,76%
 Rupiah Deposits                                     10.327               61,38%                 8.787        59,45%           1.540                  17,52%
 Foreign Currency Deposits                            1.782               10,59%                2.466         16,68%           (683)                 -27,72%
 Deposits on Call (DOC)                                336                2,00%                   296          2,00%                 40               13,60%

 Total                                              16.824            100,00%               14.781          100,00%            2.044                13,83%

The Company recorded the amount of funds in the Wholesale fund segment of IDR16.82 trillion, which is an increase of IDR2.04 trillion
or 13.83% compared to 2023 which was recorded at IDR14.78 trillion. This was driven by an increase in third-party funds.

Fee Based Income

The Company's Fee Based Income comes from various activities, including trading in Treasury products, Public Services, Trade Finance,
Bank Guarantees, and agency services. In addition, there was also an increase in e-banking services, corporate internet banking -
KBstarbiz, credit card fees, custodian services, management, IT Swamitra, and public utilities. In line with the development of banking
services, the Company also presents investment products and wealth management services for its customers.

The details of fee based income services are explained as follows:

Capital Market and Financial Institution Services

Capital Market and Financial Institution Services are one of the Company's main business lines. The Company continues to improve the
quality of services and develop various initiatives to strengthen customer trust and satisfaction in using the services of Trustees and
Custodians of PT Bank KB Bukopin Tbk. The provision of these services, including Trustee and Custodian Sales services, contributes
to the increase in the Company's fee-based income.


Annual Report 2024                                                        141                                                PT Bank KB Bukopin Tbk
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             Management Analysis and Discussion



                    Fee Based Income Trustee of KB Bank                                                            Fee Based Income Custodian of KB Bank
  No        Period                     Cumulative Fee Based Income                              No      Period                        Cumulative Fee Based Income
   1     Jan-24                                                               456.042.500       1      Jan-24                                                                    395.175.515

   2     Feb-24                                                              1.275.549.500      2      Feb-24                                                                    581.631.722

   3     Mar-24                                                              2.997.602.500      3      Mar-24                                                                 1.025.935.020

   4     Apr-24                                                             3.580.067.540       4      Apr-24                                                                 1.286.213.406

   5     May-24                                                              4.989.297.200      5      May-24                                                                 1.690.707.438

   6     Jun-24                                                               5.797.113.150     6      Jun-24                                                                  1.784.451.024

   7     Jul-24                                                             7.954.248.600       7      Jul-24                                                                 2.086.152.090

   8     Aug-24                                                              9.616.650.750      8      Aug-24                                                                 2.366.871.857

   9     Sep-24                                                             10.415.365.700      9      Sep-24                                                                  2.566.131.057

  10     Oct-24                                                              12.867.121.150     10     Oct-24                                                                 2.800.356.948

  11     Nov-24                                                             14.335.201.850      11     Nov-24                                                                 2.910.832.320

  12     Dec-24                                                             15.663.916.800      12     Dec-24                                                                 3.009.386.801


With the support of the Majority Shareholder, Kookmin Bank Seoul, the Company continues to strengthen its reputation. This is reflected
in the increasingly extensive cooperation with almost 600 correspondent banks, both domestically and abroad. This partnership
supports the Company's business expansion, especially in international money transfer services (remittance), export-import trade,
and various other transactions that contribute to increasing fee-based income. The Company's Financial Institution & Correspondent
Bank products include the issuance of Demand Guarantees, KB Bank IDR Vostro Accounts, Rediscounting Money Order transactions,
and Banker's Acceptance.

KB Bank Trade Finance

KB Bank Trade Finance is a trade financing service offered by the Company to support transactions for the sale and purchase of
goods between sellers and buyers, both domestically and internationally. This product includes various services, including Export,
Import, Domestic Documented Letter of Credit (SKBDN), Bank Guarantee, Standby L/C, and Flexy Bill. The following are details of the
performance of the KB Bank Trade Finance product.


                                                         Number of KB Bank Trade Finance Transactions
                                                                                                                                                                          (in account units)
                                                         2024                                                   2023                                    Increase (Decrease)
          Product                          Total                 Composition                        Total               Composition               Nominal                   Percentage
                                           (IDR)                    (%)                             (IDR)                  (%)                     (IDR)                        (%)
 Export Service                                        45                       0,26%                       153                  0,64%                         (108)               (70,59)%
 Import Service                                        49                       0,28%                       115                  0,48%                          (66)               (57,39)%
 Remittance                                        17.227                      99,46%                   23.529                   98,87%                   (6.302)                  (26,78)%

 Total                                             17.321                        100%                  23.797                    100%                     (6.476)                  -27,21%
 Note: All Flexy + Invoice Financing products do not have new issuance transactions but only renewals so they are not included in the number of transactions


                                                                Performance of KB Bank Trade Finance
                                                                                                                                                                             (in million IDR)
                                                                            2024                                          2023                                 Increase (Decrease)
                   Product                                  Total               Composition                     Total         Composition              Nominal               Percentage
                                                            (IDR)                  (%)                          (IDR)            (%)                    (IDR)                    (%)
 Export Service                                                      261                       4,42%                2.026              24,00%                   (1.765)             -87,12%
 Import Service                                                     1.239                     20,96%                1.406              16,66%                    (167)              -11,88%
 Remittance                                                         4.410                     74,62%                5.009              59,34%                    (599)              -11,96%

 Total                                                           5.910                         100%                8.441            100,00%                    (2.531)             -29,98%



Annual Report 2024                                                                            142                                                              PT Bank KB Bukopin Tbk
Page 143
Treasury

The Company manages liquidity in accordance with the regulations of the Financial Services Authority (OJK) and Bank Indonesia (BI),
while continuing to optimize profitability. Treasury coordinates with business and support units to monitor daily cash flow, including
the movement of large customer funds and daily trends, in order to develop an effective liquidity management strategy.

As a liquidity manager, the Company acts as a profit center by maximizing interest income and fee-based income. Transactions are
carried out with various parties, including Bank Indonesia, commercial banks, securities, and money brokers. The main focus lies on
foreign exchange trading activities to strengthen the role of treasury as a center of profitability. The following are treasury products
and services offered to customers:

1. Forex trading transactions (value today, tom, spot, forward, swap);
2. Deposit on Call (DOC);
3. Bond trading transactions (government and corporate).


                                                      Treasury Transaction Volume
                                                                                                                                 (in million IDR)
                                                    2024                                  2023                   Increase (Decrease)
             Product                      Total               Composition      Total            Composition     Nominal            Percentage
                                          (IDR)                  (%)           (IDR)               (%)           (IDR)                 (%)
 Capital Market                             247.952.441            61,96%     242.148.600            70.98%        5.803.841              2,40%
 Foreign Currency                           144.864.150            36,20%      88.405.596            25.91%       56.458.554             63,86%
 Marketable Securities                        7.359.000             1,84%       10.610.727             3.11%       (3.251.727)          -30,65%

 Total Treasury Transaction
                                           400.175.591            100,00%     341.164.923             100%       59.010.668             17,30%
 Volume



                                                           Treasury Interest Income
                                                                                                                                 (in million IDR)
                                                           2024                            2023                   Increase (Decrease)
                  Product                    Total            Composition        Total           Composition    Nominal           Percentage
                                             (IDR)               (%)             (IDR)              (%)          (IDR)                (%)

 Interest Income from Bank Indonesia               84.844             8,47%         213.933            22.01%     (129.089)             -60,34%
 Interest Income from Other Banks                  124.383           12,41%            78.925           8.12%       45.458               57,60%
 Bond Interest Income                              792.808           79,12%         679.262            69.87%      113.546               16,72%

 Total Treasury Interest Income               1.002.035               100%         972.120              100%       29.915                3,08%


                                                      Treasury Non-Interest Income
                                                                                                                                  (in million IDR)
                                                    2024                                  2023                    Increase (Decrease)
             Product                     Total               Composition       Total             Composition    Nominal            Percentage
                                         (IDR)                  (%)            (IDR)                (%)          (IDR)                 (%)
 Foreign Currency Transactions                    22.656          55,85%               12.979         52.51%           9.677              74,56%
 Securities and Mutual Fund
                                                  17.908           44,15%              11.740         47.49%           6168               52,54%
 Transactions

 Total Treasury Interest Income               40.564               100%            24.719              100%         15.845               64,10%

Services and Other Services

In 2024, the Company offers various services and services, including Card Business, E-Banking, KB Bank Priority, corporate internet
banking - Kbstarbiz, State Revenue Module, and various other banking services.


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             Management Analysis and Discussion



Business Card
                                                                  Business Card Product Performance
                                                                                                                                    (in billion Rupiah, except transaction amounts)

                                                                             December 31, 2024                                              December 31, 2023
                    Description
                                                             Number of Transactions                Nominal                 Number of Transactions                  Nominal
 KB Bank Credit Card                                                              816.571                           516                         907.838                       623
 Notes: number of credit card transactions in a year

E-Banking
                                                                      E-Banking Product Performance
                                                                                                                           (in billion Rupiah, except transaction amounts)
                                                        December 31, 2024                         December 31, 2023                                     Growth

            Description                          Number of                                    Number of                                      Number of
                                                                          Nominal                                         Nominal                                  Nominal
                                                Transactions                                 Transactions                                   Transactions

 ATM                                                        213.767           132.781               1.470.465               1.043.231            (1.256.698)          (910.450)
 KBstar Digital Application                                 537.114          487.483                       8.076                7.313                529.038            480.170

KB Bank Priority
                                                                       KB Bank Priority Performance
                                                                                                                            (in billion Rupiah, except transaction amounts)
                                                  December 31, 2024                                December 31, 2023                                      Growth
       Description                  Number of                                                Number of                                       Number of
                                                                   Nominal                                            Nominal                                      Nominal
                                   Transactions                                             Transactions                                    Transactions
 KB Bank Priority                               9.095                            3.980              7.250                           3.073            1.845                    907

Corporate Internet Banking
                                                       Corporate Internet Banking Performance - KBstarbiz
                                                                                                                            (in billion Rupiah, except transaction amounts)
                                                        December 31, 2024                         December 31, 2023                                       Growth
           Description                           Number of                                     Number of                                      Number of
                                                                          Nominal                                         Nominal                                     Nominal
                                                Transactions                                  Transactions                                   Transactions
 Corporate Internet Banking                                  51.282              13.281                     3.791                800                      47.491           12.481

State Revenue Module (MPN)
                                                            State Revenue Module (MPN) Performance
                                                                                                                           (in billion Rupiah, except transaction amounts)
                                                       December 31, 2024                        December 31, 2023                                      Growth
           Description                        Number of                                      Number of                                       Number of
                                                                       Nominal                                        Nominal                                        Nominal
                                             Transactions                                   Transactions                                    Transactions

 State Revenue Module (MPN)                               8.958              1.408                    11.297                 1.565                      (2.339)             (157)


Other Banking Services
                                                                  Other Banking Services Performance
                                                                                                                            (in billion Rupiah, except transaction amounts)
                                                         December 31, 2024                        December 31, 2023                                       Growth
             Description                            Number of                                  Number of                                     Number of
                                                                           Nominal                                        Nominal                                    Nominal
                                                   Transactions                               Transactions                                  Transactions
 Listrik Prabayar (Prepaid)                                 102.925.137          9.803             33.057.890                  3.289               69.867.247                6.514
 Virtual Account Giro KB Bank                                     5.404              15                4.556                        14                    848                     1
 EDC                                                        25.025.879           19.665                25.117                       20             25.000.762              19.645

Annual Report 2024                                                                        144                                                       PT Bank KB Bukopin Tbk
Page 145
Financing Segment
In the Financing segment, products and services provided through KB Bukopin Finance include Investment Financing, Working Capital
Financing, and Multipurpose Financing.

Financing Segment Productivity

On balance sheet financing products were recorded at IDR721.73 billion in 2024, an increase of 165.13% or IDR449.52 billion compared
to the previous year's position of IDR220.10 billion. Meanwhile, joint financing products decreased by IDR532.26 billion from 2023
which was recorded at IDR569.85 billion to IDR37.59 billion in 2024.

The details of the performance of on balance sheet and joint financing products are presented as follow:

Financing Products (On Balance Sheet)
                                         Financing Products Performance (On Balance Sheet)
                                                                                                                         (in million IDR)
                                                        2024                           2023                  Increase (Decrease)
                Product                        Total         Composition    Total            Composition   Nominal        Percentage
                                               (IDR)            (%)         (IDR)               (%)         (IDR)             (%)
 Investment Financing                             685.675         95,00%       237.008            87,07%      448.667           189,30%
 Working Capital Financing                         25.000          3,46%        28.413            10,44%       (3.413)           -12,01%
 Multipurpose Financing                                433         0,06%            1.503          0,55%       (1.070)           -71,16%
 Sales and Purchase Financing (Sharia)             10.624           1,47%           5.294          1,94%        5.330           100,68%

 Total                                            721.732        100,00%      272.218           100,00%      449.515           165,13%


Financing Products (Joint Financing)
                                         Financing Product Performance (On Balance Sheet)
                                                                                                                         (in million IDR)
                                                        2024                          2023                   Increase (Decrease)
                Product                        Total         Composition    Total           Composition    Nominal        Percentage
                                               (IDR)            (%)         (IDR)              (%)          (IDR)             (%)
 Investment Financing                             18.589          49,46%       354.581            62,22%    (335.992)           -94,76%
 Working Capital Financing                              6          0,01%             294           0,05%        (288)           -98,11%
 Multipurpose Financing                            18.751         49,89%       189.123            33,19%     (170.371)          -90,09%
 Sales and Purchase Financing (Sharia)                 242         0,64%        25.852             4,54%      (25.610)          -99,06%

 Total                                            37.588         100,00%     569.849            100,00%     (532.261)          -93,40%

Sharia Segment
Products and services in the financing segment are provided by KB Bank Syariah, a subsidiary of the Company. The products offered
include various types of sharia-based financing, funding products in accordance with sharia provisions, and various other services
designed to meet financial needs in accordance with sharia principles.

Sharia Segment Productivity

The productivity of the sharia segment, which includes financing products, funding products and fee-based income, is presented as
follows:




Annual Report 2024                                                145                                        PT Bank KB Bukopin Tbk
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            Management Analysis and Discussion



Financing Products


In 2024, the Bank's sharia financing segment recorded total financing of IDR6.00 trillion, an increase of IDR342.75 billion or around
6.05% compared to the previous year which reached IDR5.63 trillion. The following are details of KB Bank sharia financing product
performance:
                                                     Financing Product Performance
                                                                                                                   (in million IDR, unless otherwise stated)
                                                         2024                                     2023                           Increase (Decrease)
                   Product                       Total          Composition           Total             Composition           Nominal             Percentage
                                                 (IDR)             (%)                (IDR)                (%)                 (IDR)                  (%)
 Agriculture                                       150.699              2,51%                157.705              2,79%              (7.006)             -4,44%
 Mining                                              10.951             0,18%                 97.617               1,72%         (86.666)               -88,78%
 Manufacture                                       646.994             10,78%               409.679               7,24%           237.315                57,93%
 Electricity                                        225.041             3,75%               289.156                5,11%          (64.115)              -22,17%
 Construction                                       216.182             3,60%               255.092               4,51%          (38.910)               -15,25%
 Trade                                            1.038.353            17,29%              1.256.280              22,19%         (217.927)              -17,35%
 Transportation                                     476.877             7,94%               510.052               9,01%           (33.175)               -6,50%
 Business Services                                  561.731             9,36%               487.534               8,61%               74.197             15,22%
 Social Services                                  2.136.329            35,58%              1.854.148          32,75%                 282.181             15,22%
 Others                                             541.382             9,02%               344.522               6,09%          196.860                 57,14%

 Total                                           6.004.539            100,00%          5.661.785            100,00%             342.754                  6,05%


Funding Products

In 2024, the number of Bank sharia funding accounts reached 75,343 units, an increase of 170 units or around 4.96% compared to the
previous year which recorded 22,496 account units.



                                                 Number of Third Party Fund Products
                                                                                                                                               (in account units)
                                          2024                                        2023                                    Increase (Decrease)
          Product             Total               Composition              Total              Composition                  Nominal               Percentage
                              (IDR)                  (%)                   (IDR)                 (%)                        (IDR)                    (%)
 Current Account                      6.608                   8,77%                6.249                  2,72%                      359                   5,74%
 Savings                              65.136              86,45%                 219.818                 95,78%               (154.682)                  -70,37%

 Deposits                              3.599                  4,78%                3.429                  1,49%                       170                 4,96%

 Total                                75.343             100,00%                229.496                100,00%               (154.153)                  -67,17%


                                                 Third Party Fund Product Performance
                                                                                                                                                 (in million IDR)
                                                          2024                                    2023                           Increase (Decrease)
                   Product                       Total          Composition            Total             Composition          Nominal             Percentage
                                                 (IDR)             (%)                 (IDR)                (%)                (IDR)                  (%)
 Current Account                                    780.039             11,98%               459.743               7,65%          320.296                69,67%
 Savings                                            607.224             9,32%                477.692               7,95%             129.532              27,12%
 Deposits                                          5.124.920            78,70%             5.068.360          84,39%                 56.560                1,12%

 Total                                             6.512.183          100,00%          6.005.795            100,00%             506.388                  8,43%


Annual Report 2024                                                      146                                                       PT Bank KB Bukopin Tbk
Page 147
Fee Based Income

Throughout 2024, the Company's fee-based income was recorded at IDR23.85 billion, decreased to IDR8.88 billion compared to the
previous year which reached IDR32.73 billion.
                                                            Fee Based Income
                                                                                                                              (in million IDR)
                                                       2024                               2023                  Increase (Decrease)
                  Product                   Total             Composition      Total            Composition   Nominal          Percentage
                                            (IDR)                (%)           (IDR)               (%)         (IDR)               (%)
 Bank Guarantee                                     2.570          10,78%              4.221         12,90%       (1.651)             -39,11%
 Admin-Financing                                11.671             48,94%         18.466             23,42%      (6.795)             -36,80%
 Customer Service                                       -           0,00%              1.512          4,62%       (1.512)            100,00%
 Admin-DPK                                          3.756           15,75%             2.573          7,86%        1.183              45,98%
 PLN                                                1.681           7,05%            2.363            7,22%        (682)             -28,86%
 Bancassurance                                        274            1,15%              514           1,57%        (240)             -46,69%
 FBI-ATM                                                -           0,00%               308           0,94%        (308)             100,00%
 Sales Asset Management                                 -           0,00%               327           1,00%        (327)             100,00%
 Gold Pawn                                              -           0,00%                 11          0,03%          (11)            100,00%
 Syndication                                            -           0,00%                 1           0,00%             (1)          100,00%
 Telecommunication                                      -           0,00%                12           0,04%         (12)             100,00%
 FBI-Other                                          3.897          16,34%              2.423          7,40%        1.474              60,83%

 Total                                         23.849             100,00%         32.731           100,00%      (8.882)              -27,14%



Geographic Segment
KB Bank’s geographical segments are differentiated based on economic regions, such as Java, Sumatra, Kalimantan and other regions.
Each region has different risks and rewards in producing banking services.

Geographic Segment Productivity

Geographic segment productivity includes loans granted and customer deposits which are presented as follows:

Loans
                                      Geographical Segment Operational Performance
                                                                                                                              (in billions IDR)
                                                       2024                              2023                   Increase (Decrease)
                 Product                    Total           Composition      Total             Composition    Nominal          Percentage
                                            (IDR)              (%)           (IDR)                (%)          (IDR)               (%)
 Java                                          40.003              84,17%         40.813             82,59%        (810)               -1,98%
 Sumatera                                           2.780           5,85%            3.130            6,33%        (350)               -11,17%
 Kalimantan                                          653            1,37%               983           1,99%        (330)              -33,57%
 Others                                             4.092           8,61%          4.494              9,09%        (402)               -8,94%

 Total                                          47.527            100,00%        49.419            100,00%       (1.891)              -3,83%




Annual Report 2024                                                 147                                          PT Bank KB Bukopin Tbk
Page 148
         Management Analysis and Discussion




Customer Savings

                           Geographical Segment Operational Performance
                                                                                                          (in billion IDR)
                                          2024                          2023                 Increase (Decrease)
              Product          Total           Composition   Total           Composition   Nominal        Percentage
                               (IDR)              (%)        (IDR)              (%)         (IDR)             (%)
Java                              38.409            82,44%      37.960            84,75%         450               1,18%
Sumatera                               2.499         5,36%       2.488             5,56%             11            0,44%
Kalimantan                             3.946         8,47%           2.333         5,21%        1.613             69,13%
Others                                 1.739         3,73%       2.008             4,48%        (270)            -13,43%

Total                             46.593           100,00%     44.789           100,00%        1.804              4,03%




Annual Report 2024                                  148                                      PT Bank KB Bukopin Tbk
Page 149
                                  REVENUE, PROFITABILITY, AND FINANCIAL
                                      POSITION OF OPERATING SEGMENTS

KB Bank classifies business segments based on accounting policies into Operating Segments and Geographical Segments. The following
is information on revenue, profitability and financial position of the Bank and its subsidiaries by Operating Segment.

Consolidated Interest Income
                                                   Consolidated Interest Income
                                                                                                   (in millions IDR, unless otherwise stated)
                                                      2024                            2023                        Increase (Decrease)
                Product                    Total            Composition     Total           Composition        Nominal         Percentage
                                           (IDR)               (%)          (IDR)              (%)              (IDR)              (%)
 Conventional Banking                       4.902.013            89,80%      4.355.568             89,70%          546.445            12,55%
 Financing                                     34.260              0,63%        12.935              0,27%           21.325           164,86%
 Sharia                                       522.826             9,58%       486.942              10,03%           35.884             7,37%
 Total before Elimination                   5.459.099            100,00%     4.855.445            100,00%          603.654            12,43%
 Elimination                                  (5.000)                               6.191                           (11.191)        -180,76%
 Consolidated Interest Income               5.454.099                        4.861.636                             592.463            12,19%



Consolidated Operating Profit (Loss)
                                            Consolidated Operating Profit (Loss)
                                                                                                    (in millions IDR, unless otherwise stated)
                                                       2024                            2023                        Increase (Decrease)
                 Product                    Total            Composition    Total             Composition       Nominal         Percentage
                                            (IDR)               (%)         (IDR)                (%)             (IDR)              (%)
 Conventional Banking                       (4.816.462)          100,62%    (6.088.071)             91,41%        1.271.609           -20,89%
 Financing                                      14.439            -0,30%        (17.443)             0,26%           31.882          -182,78%
 Sharia                                            15.182          -0,32%     (554.401)              8,32%          569.583          -102,74%
 Total before Elimination                   (4.786.841)          100,00%    (6.659.915)           100,00%          1.873.074          -28,12%
 Elimination                                         654                              713                               (59)           -8,27%
 Operating Profit (Loss)                    (4.786.187)                     (6.659.202)                            1.873.015          -28,13%



Consolidated Net Profit (Loss)
                                                   Consolidated Net Profit (Loss)
                                                                                                    (in millions IDR, unless otherwise stated)
                                                      2024                             2023                       Increase (Decrease)
                 Product                   Total            Composition     Total             Composition      Nominal         Percentage
                                           (IDR)               (%)          (IDR)                (%)            (IDR)              (%)
 Conventional Banking                      (7.378.803)           100,28%    (5.510.780)            90,99%       (1.868.023)           33,90%
 Financing                                         9.478          -0,13%       (18.571)             0,31%           28.049           -151,04%
 Sharia                                         11.242            -0,15%      (527.065)             8,70%          538.307           -102,13%
 Total before Elimination                  (7.358.083)           100,00%    (6.056.416)           100,00%       (1.301.667)           21,49%
 Elimination                                 1.029.463                               713                          1.028.750       144284,71%
 Consolidated net profit (loss)            (6.328.620)                      (6.055.703)                           (272.917)             4,51%



Annual Report 2024                                                 149                                             PT Bank KB Bukopin Tbk
Page 150
         Management Analysis and Discussion




Total Consolidated Assets
                                         Total Consolidated Assets
                                                                                        (in millions IDR, unless otherwise stated)
                                          2024                             2023                       Increase (Decrease)
               Product          Total         Composition       Total             Composition      Nominal         Percentage
                                (IDR)            (%)            (IDR)                (%)            (IDR)              (%)
Conventional Banking            75.458.349            89,01%    78.842.594             90,39%       (3.384.245)           -4,29%
Financing                        8.644.907            10,20%       459.661              0,53%         8.185.246         1780,71%
Sharia                             667.749             0,79%     7.920.474              9,08%       (7.252.725)           -91,57%
Total before Elimination        84.771.005           100,00%    87.222.729            100,00%        (2.451.724)           -2,81%
Elimination                     (1.695.707)                     (2.915.429)                           1.219.722          -41,84%

Total Consolidated Assets       83.075.298                     84.307.300                          (1.232.002)            -1,46%



Total Consolidated Liabilities
                                        Total Consolidated Liabilities
                                                                                        (in millions IDR, unless otherwise stated)
                                          2024                             2023                        Increase (Decrease)
               Product          Total            Composition    Total             Composition       Nominal         Percentage
                                (IDR)               (%)         (IDR)                (%)             (IDR)              (%)
Conventional Banking             67.894.901           89,37%    64.080.008              89,95%        3.814.893             5,95%
Financing                         7.864.525           10,35%            10.277           0,01%        7.854.248        76425,49%
Sharia                             208.927             0,28%      7.151.658             10,04%       (6.942.731)          -97,08%
Total before Elimination         75.968.353          100,00%     71.241.943           100,00%         4.726.410             6,63%
Elimination                       (854.841)                     (1.044.806)                             189.965           -18,18%

Total Consolidated Liabilites    75.113.512                     70.197.137                           4.916.375             7,00%




Annual Report 2024                                     150                                              PT Bank KB Bukopin Tbk
Page 151
                                    REVENUE, PROFITABILITY, AND FINANCIAL
                                       POSITION OF GEOGRAPHIC SEGMENTS

KB Bank has classified business segments based on accounting policies into Operating Segments and Geographical Segments.
The following is information related to the revenue, profitability, and financial position of the Bank and its Subsidiaries based on
geographic segment.

Consolidated Interest Income
                                                   Consolidated Interest Income
                                                                                                  (in billions IDR, unless otherwise stated)
                                                    2024                            2023                       Increase (Decrease)
                Product                    Total          Composition     Total            Composition     Nominal          Percentage
                                           (IDR)             (%)          (IDR)               (%)           (IDR)               (%)
 Jabodetabek                                4.229.067           77,47%      3.381.976           69,65%          847.091             25,05%
 Java outside Jabodetabek                     497.017            9,10%       654.485            13,48%        (157.468)            -24,06%
 Sumatera                                     291.576            5,34%       324.025             6,67%         (32.449)             -10,01%
 Kalimantan                                    76.354            1,40%        90.653             1,87%         (14.299)             -15,77%
 Others                                       365.085            6,69%       404.306             8,33%         (39.221)              -9,70%
 Total before elimination                   5.459.099          100,00%     4.855.445           100,00%         603.654              12,43%
 Elimination                                   (5.000)                            6.191                         (11.191)          -180,76%
 Consolidated Interest Income               5.454.099                      4.861.636                           592.463               12,19%


Consolidated Operating Profit (Loss)

                                             Consolidated Operating Profit (Loss)
                                                                                                  (in billions IDR, unless otherwise stated)
                                                     2024                            2023                       Increase (Decrease)
                Product                    Total           Composition     Total            Composition      Nominal         Percentage
                                           (IDR)              (%)          (IDR)               (%)            (IDR)              (%)
 Jabodetabek                                (2.656.256)         55,49%     (4.450.328)           66,82%         1.794.072          -40,31%
 Java outside Jabodetabek                   (1.070.081)         22,35%      (1.513.717)          22,73%          443.636           -29,31%
 Sumatera                                     (340.145)           7,11%      (265.686)            3,99%          (74.459)           28,03%
 Kalimantan                                   (211.334)          4,41%        (88.722)            1,33%         (122.612)          138,20%
 Others                                      (509.025)          10,63%       (341.468)             5,13%        (167.557)           49,07%
 Total before elimination                   (4.786.841)        100,00%      (6.659.921)         100,00%        1.873.080            -28,12%
 Elimination                                       654                               713                             (59)           -8,27%
 Consolidated Operating Profit (Loss)       (4.786.187)                    (6.659.208)                          1.873.021           -28,13%




Annual Report 2024                                               151                                             PT Bank KB Bukopin Tbk
Page 152
         Management Analysis and Discussion




Consolidated Net Profit (Loss)
                                         Consolidated Net Profit (Loss)
                                                                                       (in billions IDR, unless otherwise stated)
                                          2024                            2023                       Increase (Decrease)
               Product           Total          Composition      Total           Composition      Nominal         Percentage
                                 (IDR)             (%)           (IDR)              (%)            (IDR)              (%)
Jabodetabek                      (5.433.505)          73,84%     (4.067.817)           67,17%     (1.365.688)            33,57%
Java outside Jabodetabek          (932.965)           12,68%     (1.349.764)          22,29%          416.799           -30,88%
Sumatera                           (337.443)           4,59%       (269.318)           4,45%          (68.125)           25,30%
Kalimantan                         (211.083)           2,87%        (88.786)            1,47%        (122.297)          137,74%
Others                            (443.088)            6,02%       (280.731)           4,64%         (162.357)           57,83%
Total before elimination         (7.358.084)         100,00%     (6.056.416)         100,00%       (1.301.668)           21,49%
Elimination                       1.029.464                              713                         1.028.751      144284,85%
Consolidated Net Profit (Loss)   (6.328.620)                     (6.055.703)                         (272.917)            4,51%


Total Consolidated Assets
                                           Total Consolidated Assets
                                                                                        (in billions IDR, unless otherwise stated)
                                           2024                           2023                       Increase (Decrease)
               Product           Total           Composition     Total           Composition      Nominal          Percentage
                                 (IDR)              (%)          (IDR)              (%)            (IDR)               (%)
Jabodetabek                      62.304.706           73,50%      61.507.271          70,52%          797.435              1,30%
Java outside Jabodetabek          9.488.028            11,19%    11.298.679           12,95%       (1.810.651)           -16,03%
Sumatera                           5.371.607           6,34%      5.807.490            6,66%        (435.883)              -7,51%
Kalimantan                         1.171.399           1,38%      1.492.026             1,71%       (320.627)             -21,49%
Others                             6.435.265           7,59%       7.117.263           8,16%        (681.998)             -9,58%
Total before elimination         84.771.005          100,00%     87.222.729          100,00%       (2.451.724)             -2,81%
Elimination                       (1.695.707)                    (2.915.429)                        1.219.722            -41,84%

Total Consolidated Asset         83.075.298                     84.307.300                       (1.232.002)              -1,46%


Total Consolidated Liabilities
                                         Total Consolidated Liabilities
                                                                                        (in billions IDR, unless otherwise stated)
                                           2024                           2023                       Increase (Decrease)
               Produk            Total           Composition     Total           Composition      Nominal          Percentage
                                 (IDR)              (%)          (IDR)              (%)            (IDR)               (%)
Jabodetabek                      44.983.807            59,21%    39.617.023           55,61%        5.366.784             13,55%
Java outside Jabodetabek         12.065.299           15,88%      14.171.176          19,89%       (2.105.877)           -14,86%
Sumatera                           6.302.577           8,30%      6.251.866            8,78%           50.711              0,81%
Kalimantan                         4.643.401            6,11%     3.033.770            4,26%        1.609.631             53,06%
Others                             7.973.269          10,50%       8.168.108           11,47%       (194.839)              -2,39%
Total before elimination         75.968.353          100,00%      71.241.943         100,00%        4.726.410              6,63%
Elimination                        (854.841)                     (1.044.806)                          189.965             -18,18%

Total Consolidated Liabilities    75.113.512                     70.197.137                        4.916.375              7,00%


Annual Report 2024                                      152                                           PT Bank KB Bukopin Tbk
Page 153
                                                                                        FINANCIAL REVIEW

Information Presentation Standards and Conformity
to Financial Accounting Standards
The analysis and discussion of financial performance in this Annual Report refers to the Consolidated Financial Statements of PT Bank
KB Bukopin Tbk for the years ended December 31, 2024 and 2023. The report has been audited by Public Accounting Firm Mirawati
Sensi Idris (Moore Global) with an opinion of "Presented Fairly (formerly Unqualified)".

The presentation and disclosure of the Company's Financial Statements refers to the Financial Accounting Standards (SAK) in Indonesia,
including the Statements of Financial Accounting Standards (PSAK) and Interpretations of Financial Accounting Standards (ISAK)
issued by the Financial Accounting Standards Board - Indonesian Accountants Association (DSAK-IAI). The discussion of financial
performance is presented by taking into account the explanation in the notes to the Consolidated Financial Statements audited by
external auditors, which are an integral part of this Annual Report.

Consolidated Statements of Financial Position
                                                                                                 (in billions IDR, unless otherwise stated)

                                                                           December 31,     December 31,                Growth
                                  Description                                  2024             2023            IDR              %
 Assets
 Cash                                                                                369             289               80          27,63%
 Current Account in Bank Indonesia                                                  2.672          3.206           (533)          -16,63%
 Current Account with other banks-net                                                397             343               54          15,84%
 Placement with bank Indonesia and other banks-net                                  2.798           2.134             665            31,16%
 Securities-net                                                                    21.767         17.536           4.231             24,13%

 Receivables Securities purchased with an agreement to resell-net                       -           2.572        (2.572)         -100,00%

 Securities purchased with an agreement to resell (repo)                                -               -                -              n.a
 Derivative receivables                                                                12              3                9         296,51%
 Credit provided and Sharia financing/receivables-net                              44.535         45.836         (1.300)           -2,84%
 Acceptance receivables                                                               83             131              (48)        -36,56%
 Share investments                                                                     0               0                 -           0,00%
 Fixed assets and right of use assets-net                                           3.320          3.234               87            2,68%

 Deferred tax assets-net                                                            1.259           2.671                         -52,87%
                                                                                                                 (1.412)

 Intangible assets-net                                                                271            286                             -5,17%
                                                                                                                      (15)

 Other assets-net                                                                   5.592          6.068                           -7,86%
                                                                                                                   (477)

 Total Assets                                                                     83.075         84.307         (1.232)            -1,46%
 Liabilities and Equities
 Liabilities
 Immediate Liabilities                                                               401             431              (30)         -6,99%
 Customer Savings                                                                  46.593         44.789          1.804              4,03%
 Current Account                                                                    6.289           3.178          3.112           97,92%
 Savings                                                                            6.916          6.873               42            0,62%
 Deposits                                                                          33.388         34.738         (1.350)           -3,89%
 Savings from other banks                                                           2.881          7.887         (5.006)          -63,47%
 Current Account and Savings                                                          94              37               57         153,41%


Annual Report 2024                                                  153                                        PT Bank KB Bukopin Tbk
Page 154
            Management Analysis and Discussion



                                                                                                             (in billions IDR, unless otherwise stated)

                                                                                       December 31,     December 31,                   Growth
                                  Description                                              2024             2023             IDR                %
Time Deposit and Interbank call money                                                          2.787             7.850        (5.062)            -64,49%
Securities sold with an agreement to repurchase-net                                            3.740                  220      3.520            1602,80%
Derivative liabilities                                                                             4                    1              3         350,62%
Acceptabce liabilities                                                                            84                  133          (48)          -36,43%

Loan                                                                                          13.921            11.704         2.216              18,93%

Securities issued                                                                              5.790             3.398         2.393              70,42%
Tax payables                                                                                      61                   65           (4)             -5,77%
Other liabilities                                                                              1.638              1.570             68              4,35%

Total Liabilities                                                                             75.114           70.197         4.916               7,00%
Equities
Equity attributable to equity owners of the parent entity
Issued and fully deposited capital                                                           19.000            19.000                  -            0,00%
Additional paid-in capital                                                                     8.226             8.226                 -            0,00%
Capital paid in advanced                                                                            -                    -             -               n.a
Asset revaluation surplus                                                                      1.817             1.604             213            13,28%

Unrealized gain (loss) on available-for-sale securities and fair value through
                                                                                                 (14)                   8          (22)         -287,08%
other comprehensive income - after deferred tax

Retain earning                                                                               (21.041)         (14.701)        (6.340)             43,13%
Total Equity attributable to owners of the parent entity                                       7.987            14.136        (6.149)            -43,50%
Non-controlling interests                                                                       (26)                  (26)             1          -2,03%

Total Equity                                                                                   7.962           14.110        (6.148)            -43,57%
Total Liabilities and Equities                                                               83.075           84.307         (1.232)             -1,46%




           Total Assets                                     Total Liabilities                                 Total Equities
           (in billion IDR)                                 (in billion IDR)                                  (in billion IDR)
                         83.075




                                                           70.197




                                                                            75.114




                                                                                                             14.110




                                                                                                                               7.962
       84.307




                2023          2024                                  2023             2024                             2023             2024




Annual Report 2024                                                         154                                               PT Bank KB Bukopin Tbk
Page 155
Financial Assets
                                                                                                (in billions IDR, unless otherwise stated)
                                                                                                       Increase (Decrease)
                            Description                           2024           2023                                   Percentage
                                                                                                 Nominal
                                                                                                                            (%)
 Cash                                                                     369           289                  80                   27,63%
 Current account with Bank Indonesia                                     2.672      3.206                  (533)                 -16,63%
 Current account with other banks - net                                   397           343                   54                  15,84%
 Placements in Bank Indonesia and other banks - net                    2.798         2.134                  665                    31,16%

 Securities - net                                                     21.767        17.536                 4.231                   24,13%

 Receivables Securities purchased with an agreement to resell
                                                                             -       2.572               (2.572)                -100,00%
 – net
 Securities Purchased with an Agreement to Resell (Repo)                     -            -                    -                       n.a
 Derivative bills                                                          12             3                    9                 296,51%
 Loans and Sharia financing/receivables – net                         44.535       45.836                (1.300)                  -2,84%
 Acceptance receivables                                                    83           131                 (48)                 -36,56%
 Shares                                                                     0            0                     -                   0,00%

 Total                                                               72.634        72.049                   585                   0,81%


As of December 31, 2024, KB Bank's Total Assets were recorded at IDR72.63 trillion, an increase of 0.81% or IDR585 billion compared
to the position of December 31, 2023, which was recorded at IDR72.05 trillion. This was mainly due to an increase in securities-net
by IDR4.23 trillion or 24.13% and placements with Bank Indonesia and other banks-net by IDR665 billion or 31.16%. In addition, there
was a decrease in Receivables from securities purchased under resale agreements-net by IDR2.57 trillion or 100% and Loans and
financing/sharia payables-net by IDR1.30 trillion or 2.84%.

Non-Financial Assets
                                                                                                 (in billions IDR, unless otherwise stated)
                                                                                                        Increase (Decrease)
                            Description                           2024           2023                                     Percentage
                                                                                                 Nominal
                                                                                                                              (%)
 Fixed assets and right of use - net                                     3.320       3.234                     87                    2,68%
 Deferred tax asset – net                                                1.259       2.671                 (1.412)                 -52,87%
 Intangible asset - net                                                    271          286                   (15)                   -5,17%
 Other assets – net                                                      5.592      6.068                    (477)                  -7,86%

 Total Non-Financial Assets                                           10.441       12.258                  (1.817)                -14,82%


The company recorded non-financial assets worth IDR10.44 trillion in December 2024, a decrease of14.82% or IDR1.82 trillion compared
to the end of 2023 which reached IDR12.26 trillion. This was mainly due to a decrease in net deferred tax assets by IDR1.41 trillion or
52.87%, net other assets by IDR477 billion or 7.86% and net intangible assets by IDR15 billion or 5.17%.




Annual Report 2024                                              155                                                PT Bank KB Bukopin Tbk
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              Management Analysis and Discussion



Liabilities

Financial Liabilities
                                                                                                         (in billions IDR, unless otherwise stated)

                                                                                                                  Increase (Decrease)
                            Description                                   2024            2023
                                                                                                          Nominal              Percentage (%)
 Immediate liabilities                                                           401              431                 (30)                   -6,99%
 Customer savings                                                              46.593          44.789               1.804                    4,03%
 Current account                                                                6.289           3.178                3.112                   97,92%
 Savings                                                                        6.916           6.873                    42                  0,62%
 Deposit                                                                       33.388          34.738              (1.350)                   -3,89%
 Savings from other banks                                                       2.881           7.887              (5.006)                  -63,47%
 Securities sold under an agreement to repurchase - net                         3.740            220                3.520               1602,80%
 Derivative liabilities                                                             4               1                     3                 350,62%
 Acceptance liabilities                                                            84             133                 (48)                  -36,43%
 Loan                                                                          13.921          11.704               2.216                    18,93%
 Securities issued                                                              5.790           3.398               2.393                    70,42%
 Other liabilities                                                              1.638           1.570                    68                  4,35%

 Total Financial Liabilities                                                   75.053          70.133              4.920                     7,02%

By the end of 2024, Total Financial Liabilities were recorded at IDR75.05 trillion, an increase of IDR4.92 trillion or 7.02% compared to
the previous year of IDR70.13 trillion. This increase was due to the increase in Securities sold under repurchase agreements net of
IDR 3.52 trillion or 1602.80% and Customer Deposits of IDR 1.8 trillion or 4.03%. On the other hand, there was a decrease in Deposits
from other banks of IDR 5.01 trillion or 63.47%.

Non-Financial Liabilities
                                                                                                         (in billions IDR, unless otherwise stated)
                                                                                                                          Growth
                       Description                        December 31, 2024    December 31, 2023
                                                                                                             IDR                      (%)
 Tax Payables
 Income tax – article 29                                                   -                        -                     -                        -
 Pajak penghasilan Lainnya:
 Article 23 and 4(2)                                                  46.685                   38.148                8.537                   22,38%
 Article 21                                                            2.150                    7.670              (5.520)                   -71,97%
 Value added tax                                                       1.278                   6.006               (4.728)                   -78,72%
 Others                                                               10.790                   12.811               (2.021)                  -15,78%

 Total                                                                60.903               64.635                  (3.732)                   -5,77%


As of December 31, the amount of non-financial liabilities recorded by KB Bank was IDR 60.903 billion, decreasing by IDR 3.732 billion
or -5.77% compared to the position on December 31, 2023, which reached IDR 64.64 billion. This decrease was due to a decline in the
number of employees and fee base in 2024.

Equity
                                                                                                         (in billions IDR, unless otherwise stated)
                                                                                                               Increase (Decrease)
                           Description                                 2024             2023
                                                                                                        Nominal               Percentage (%)
 Equity attributable to the equity holders of the parent entity
 Issued and fully paid capital                                            19.000         19.000                      -                       0,00%


Annual Report 2024                                                   156                                                 PT Bank KB Bukopin Tbk
Page 157
                                                                                                                   (in billions IDR, unless otherwise stated)
                                                                                                                           Increase (Decrease)
                              Description                              2024              2023
                                                                                                                Nominal                   Percentage (%)
 Equity attributable to the equity holders of the parent entity
 Additional paid in capital                                                   8.226             8.226                           -                         0,00%
 Paid in capital advance payment                                                  -                     -                       -                            n.a
 Asset revaluation surplus                                                    1.817             1.604                        213                      13,28%

 Unrealized gain on fair value through other comprehensive
                                                                               (14)                    8                     (22)                    -287,08%
 income marketable securities – net of deferred tax

 Retained loss                                                           (21.041)             (14.701)                    (6.340)                      43,13%
 Total equity attributable to equity holders of the parent entity             7.987            14.136                     (6.149)                    -43,50%
 Non-controlling interest                                                      (26)                  (26)                       1                      -2,03%

 Total Equity                                                                 7.962            14.110                     (6.148)                    -43,57%


The Company's total Equity as of December 31, 2024 was recorded at IDR7.96 trillion, a decrease of IDR6.15 trillion or 43.57% compared
to the position on December 31, 2023 which reached IDR14.11 trillion. This was mainly driven by a decrease of IDR 6,34 trillion or 43.13%.

Consolidated Statement of Profit (Loss) and other Comprehensive Income
                                                                                                                    (in billions IDR, unless otherwise stated)
                                                                                                                                    Increase (Decrease)
                                  Description                                         2024                  2023
                                                                                                                             Nominal           Percentage (%)

 Interest and Sharia Income                                                              5.454                 4.862                    592               12,19%
 Interest Expense and Sharia Changes                                                    (4.301)              (4.053)                  (249)                6,13%
 Interest and Sharia Income – Net                                                            1.153                 809                  344               42,51%
 Other Operating Incomes                                                                      350                  457                (106)           -23,32%
 Provision of Allowance for Impairment Losses on Non-financial Assets – Net             (3.453)              (5.538)                  2.085            -37,65%
 Beban penyisihan kerugian penurunan nilai atas aset non-keuangan - neto                 (798)                 (269)                  (529)           196,72%
 Gain (Loss) from Foreign Exchange Transactions – Net                                           6                    5                    1               18,05%
 Recovery of estimated losses on commitments and contingencies – Net                            5                    2                    3           169,38%
 Gain (loss) from Changes in Fair Value of Financial Assets                                   (23)                 155                 (179)          -114,96%
 Other Operating Expenses                                                               (2.026)              (2.280)                    254               -11,15%
 Operational Loss                                                                       (4.786)              (6.659)                  1.873            -28,13%
 Non Operating Income (loss) – Net                                                           (118)             (128)                     10               -7,92%
 Income (Loss) before Income Tax                                                        (4.904)               (6.787)                 1.883            -27,75%
 Income Tax Benefit (Expense) - net                                                     (1.424)                    732               (2.156)         -294,67%
 Income (Loss) for the Year                                                             (6.329)              (6.056)                   (273)               4,51%
 Attributable to Equity Holders of the Parent Entity                                    (6.329)              (6.034)                  (295)               4,89%
 Attributable to Non-controlling Interest                                                       1                  (22)                  22          -102,40%
 Other Comprehensive Income – neto                                                            180                   10                  170          1716,60%
 Total Comprehensive Income (Loss) for the Year                                         (6.148)              (6.046)                  (103)                1,70%
 Attributable to Equity Holders of the Parent Entity                                    (6.149)              (6.024)                   (124)               2,07%
 Attributable to Non-controlling Interest                                                       1                  (21)                  22          -102,49%
 Profit (Loss) per Share Basic/Diluted (Full Amount)                                         (34)                  (61)                  27           -44,26%




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          Management Analysis and Discussion



Interest and Sharia Income
                                                                                                                 (in billions IDR, unless otherwise stated)
                                                                                                                        Increase (Decrease)
                          Description                                  2024                  2023
                                                                                                                  Nominal              Percentage (%)
 Interest and Sharia Income                                                  5.454             4.862                           592                  12,19%
 Interest Income                                                              4.931             4.375                          557                 12,72%
     Loans                                                                    3.576             3.120                         456                  14,60%
     Marketable Securities                                                    1.124                 929                        195                 20,99%
     Placement with Bank Indonesia and Other Banks                             162                  172                       (10)                 -5,96%
     Current Accounts with Bank Indonesia                                       25                   28                         (3)               -10,09%
     Current Accounts with Other Banks                                             1                  1                         (1)               -41,44%
     Marketable Securities Purchased with Agreements to Resell                  43                  123                       (81)                -65,37%
     Other Receivables                                                             1                  0                          0                 52,36%
 Sharia Income                                                                 523                  487                         36                   7,37%
 Interest and Sharia Expenses                                               (4.301)           (4.053)                        (249)                   6,13%
 Interest Expense                                                           (3.965)            (3.747)                       (218)                  5,83%
     Current Account                                                           (76)                 (37)                      (38)                102,28%
     Saving Account                                                           (261)             (193)                         (68)                 35,24%
     Time Deposit                                                           (1.854)            (1.871)                          16                 -0,88%
     Marketable Securities Issued                                             (210)             (308)                           98                 -31,77%
     Deposit from Other Banks                                                (409)              (442)                           33                  -7,46%
     Borrowings                                                             (1.104)             (891)                        (213)                 23,86%
     Marketable Securities Sold with Agreements to Repurchase                  (51)                  (5)                      (47)               1036,53%
 Sharia Expense                                                               (336)             (306)                         (30)                  9,84%
 Interest and Sharia Income - Net                                             1.153                 809                       344                  42,51%


KB Bank's Net Interest and Sharia Income until December 31, 2024 was recorded at IDR1.15 trillion, an increase of IDR344 billion or
42.51% compared to the position on December 31, 2023 which reached IDR809 billion. The increase was due to an increase in interest
income on loans of IDR 456 billion or 14.60% and securities of IDR 195 billion or 20.99%.

Other Operating Income (Expenses)
                                                                                                                 (in billions IDR, unless otherwise stated)
                                                                                                                          Increase (Decrease)
                              Description                                   2024               2023
                                                                                                                    Nominal             Percentage (%)
 Other Operating Income                                                            350                 457                    (106)                -23,32%
 Other Fees and Commissions                                                        230                 334                    (104)                -31,10%
 Administrative Service Charges                                                         47                 94                  (48)               -50,59%
 Service fee                                                                           126                 152                 (27)                -17,41%
 Merchant Commissions                                                                   5                   6                   (1)               -20,82%
 Others                                                                                53                  81                  (28)               -34,84%
 Gain on Sale of Marketable Securities – net                                            2                  (9)                  10                -117,82%
 Gain on Foreign Exchange – net                                                        40                  29                    11                 38,31%
 Others                                                                                78              102                     (24)                -23,81%
 Other Operating Expenses                                                      (6.289)              (7.925)                  1.636                -20,64%
 Provision of Allowance for Impairment Losses on Financial Assets –
                                                                               (3.453)              (5.538)                  2.085                 -37,65%
 Net




Annual Report 2024                                                    158                                                      PT Bank KB Bukopin Tbk
Page 159
                                                                                                                         (in billions IDR, unless otherwise stated)
                                                                                                                                  Increase (Decrease)
                             Description                                       2024                 2023
                                                                                                                              Nominal                Percentage (%)
 Provision of Allowance for Impairment Losses on Non-financial
                                                                                       (798)               (269)                        (529)                 196,72%
 Assets – Net
 Gain (Loss) from Foreign Exchange Transactions – Net                                     6                      5                          1                  18,05%
 Recovery of estimated losses on commitments and contingencies –
                                                                                          5                      2                          3                 169,38%
 Net
 Gain (Loss) from Changes in Fair Value of Financial Assets                             (23)                   155                      (179)                -114,96%
 General and Administrative Expenses                                              (1.120)                 (1.372)                        252                  -18,37%
 Salary and Allowance                                                                  (824)               (810)                         (14)                   1,76%
 Premium of Government Guarantee Program                                                (82)                   (99)                        17                 -16,86%
 Total other Operating Income (Expense) - net                                     (5.939)                 (7.468)                    1.529                    -20,48%


The Bank recorded an improvement in Other Operating Income (Expenses) - net of IDR 1.53 trillion or 20.48% compared to 2023 which
was recorded at IDR 7.47 trillion. This improvement occurred because the Bank implemented a series of efficiency initiatives, especially
in terms of operational costs, continuing the branch optimization initiative carried out since mid-2023.

Income (Loss) from Operations
                                                                                                                        (in billions IDR, unless otherwise stated)
                                                                                                                                     Increase (Decrease)
                                 Description                                              2024                  2023
                                                                                                                                Nominal              Percentage (%)
 Interest and Sharia Income - Net                                                                1.153                 809                 344                 42,51%
 Other Operating Income                                                                           350                  457               (106)                -23,32%
 Reversal/(Provision) of Allowance for Impairment Losses on Financial Assets
                                                                                               (3.453)            (5.538)               2.085                 -37,65%
 – Net
 Provision of Allowance for Impairment Losses on Non Financial Assets – Net                     (798)                 (269)              (529)                196,72%
 Gain (Loss) from Foreign Exchange Transactions – Net                                               6                    5                      1              18,05%
 Recovery of estimated losses on commitments and contingencies – net                                5                    2                      3            169,38%
 Gain (Loss) from Changes in Fair Value of Financial Assets                                       (23)                 155               (179)               -114,96%
 Other Operating Expenses                                                                      (2.026)            (2.280)                  254                 -11,15%
 Income (Loss) from Operations                                                                 (4.786)            (6.659)                1.873                -28,13%



In 2024, KB Bank's Operational Loss was recorded at minus IDR 4.79 trillion, decreased of IDR 1.87 trillion or decreased of 28.13%
compared to 2023 which was recorded at minus IDR 6.66 trillion. This was due to the burden of provision for impairment losses on
net financial assets experiencing an improvement of IDR 2.09 trillion or 37.65% compared to 2023.

Non-Operational Income (Expense) - Net
                                                                                                                        (in billions IDR, unless otherwise stated)
                                                                                                                                Increase (Decrease)
                          Description                                  2024                    2023
                                                                                                                        Nominal                     Percentage (%)
 Gain from the sale of Foreclosed Assets                                        (44)                     (6)                       (38)                      668,73%
 Gain (Loss) from the Sale of Fixed Assets                                       (8)                     (6)                         (3)                       47,02%
 Others – Net                                                                   (66)                (117)                            51                       -43,47%
 Other Non-operating Income (Expenses) - net                                   (118)                (128)                            10                        -7,92%

The Company recorded Other Non-Operational Income (Expenses) - net in 2024 of minus IDR 118 billion or increased by 7.92% compared
to 2023 which was recorded at minus IDR 128 billion. This increase was due to other nets of IDR 51 billion.




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            Management Analysis and Discussion



Profit (Loss) before Income Tax
                                                                                                          (in billions IDR, unless otherwise stated)
                                                                                                                Increase (Decrease)
                            Description                               2024              2023
                                                                                                          Nominal                Percentage (%)
 Operating Profit (Loss)                                                 (4.786)          (6.659)                   (1.873)                  (28.%)
 Non-operating Income (Expense)                                              (118)          (128)                      (10)                    (8%)
 Loss before income Tax                                                  (4.904)          (6.787)                   (1.833)                   (28%)


Loss before income tax until December 31, 2024 was recorded at minus IDR 4.90 trillion, a decrease of IDR 1.83 trillion or 28% compared
to the position on December 31, 2023 which reached minus Rp6.79 trillion. This was mainly influenced by profit before tax improving
from last year.

Income Tax Benefit (Expenses)
                                                                                                          (in billions IDR, unless otherwise stated)
                                                                                                                Increase (Decrease)
                            Description                               2024              2023
                                                                                                          Nominal               Percentage (%)
 Current                                                                        (3)              -                    (3)                        n.a
 Deferred                                                                   (1.421)            732                (2.153)                 -294,24%
 Income Tax Benefit (Expense) - Net                                         (1.424)            732                (2.156)                 -294,67%


BThe bank recorded a decrease in Income Tax Benefit (Expense) of minus IDR 2.16 trillion to minus IDR1.42 trillion in 2024. The previous
year Income Tax Benefit (Expense) reached IDR 732 billion. This decrease occurred because the bank conducted an assessment of
unrealized fiscal losses for the next 5 (years) using the assumption of RBB data for the 2024-2029 period.

Net Loss for the Year
                                                                                                          (in billions IDR, unless otherwise stated)
                                                                                                                 Increase (Decrease)
                            Description                              2024               2023
                                                                                                           Nominal               Percentage (%)
 Attributable to the equity holders of the Parent Entity            (6.329.138)         (6.034.077)              (295.061)                   4,89%
 Attributable to the non-controlling Interest                                518           (21.626)                  22.144               -102,40%
 Loss for the Year                                                  (6.328.620)        (6.055.703)                (272.917)                   4,51%



In 2024, KB Bank recorded a net loss for the current year of IDR 6.33 trillion, an increase of IDR 272.92 billion or 4.51% from the previous
year which recorded a loss of IDR 6.06 trillion. The main cause of the increase in net loss for the current year was because the bank
conducted an assessment of unrealized fiscal losses for the next 5 (years) using the assumption of RBB data for the 2024-2029 period.

Other Comprehensive Loss

                                                                December 31,          December 31,                  Increase (Decrease)
                           Description                              2024                  2023                Nominal             Percentage (%)
 Items that would never be reclassified to profit or loss:
 Remeasurement of loss on a defined benefit program                     (14.252)                 8.640               (22.892)             -264,95%
 Changes in fixed assets revaluation surplus                            213.072                 (1.756)              214.828            -12233,94%
 Income tax related to items that would never reclassified to
                                                                            3.135               (1.900)                 5.035             -265,00%
 profit or loss




Annual Report 2024                                                  160                                                     PT Bank KB Bukopin Tbk
Page 161
                                                              December 31,         December 31,                      Increase (Decrease)
                         Description                              2024                 2023                     Nominal              Percentage (%)
 Items that would be reclassified to profit or loss:
 Changes in the fair value of available for sale marketable
 securities and fair value through other comprehensive                  (27.836)              6.330                   (34.166)              -539,75%
 income
 Income tax related to items that would never be
                                                                           6.124             (1.392)                      7.516             -539,94%
 reclassified to profit or loss


 Other comprehensive income (loss) - net                                180.243               9.922                    170.321              1716,60%



Total Comprehensive Income (Loss) of the Year
                                                                                                          (in millions IDR, unless otherwise stated)
                                                                                                                   Increase (Decrease)
                           Description                             2024              2023
                                                                                                            Nominal                 Percentage (%)

 Attributable to the Equity holder of the Parent entity           (6.148.908)       (6.024.463)                    (124.445)                   2,07%
 Attributable to the non-controlling interest                              531          (21.318)                     21.849                 -102,49%
 Total Comprehensive Income (Loss) of the Year                     (6.148.377)       (6.045.781)                   (102.596)                   1,70%

The Company recorded Total Comprehensive Income (Loss) for the Current Year of minus IDR 6.15 trillion, an increase of IDR 102.60
billion or 1.70% compared to the previous year which reached minus IDR 6.05 trillion. This increase was due to a decrease attributable
to owners of the parent entity of IDR 124 billion.

Basic/Diluted Profit (Loss) per Share
                                                                                                          (in millions IDR, unless otherwise stated)
                                                                                                                    Increase (Decrease)
                          Description                            2024                2023
                                                                                                               Nominal              Percentage (%)

 Comprehensive Loss for the Year Attributable to Equity
                                                                (6.329.138)            (6.034.077)                  (295.061)                  4,89%
 Holders of the Parent Entity
 Weighted average number of basic shares                                   -        98.277.584.070           (98.277.584.070)               -100,00%
 Basic/diluted Loss per Share (full value)                              (34)                      (61)                        27             -44,26%


Consolidated Statements of Cash Flows
                                                                                                         (in millions IDR, unless otherwise stated)
                                                                                                                 Increase (Decrease)
                           Description                             2024             2023
                                                                                                           Nominal                 Percentage (%)
 Net cash provided by (used in) operating activities              (7.445.488)      (10.165.808)                  2.720.320                  -26,76%
 Net cash from (for) Investing Activities                             276.851      (11.595.208)                 11.872.059                 -102,39%
 Net cash from funding activities                                   7.778.066        9.663.331                 (1.885.265)                  -19,51%
 Net (Decrease) Increase in Cash and Cash Equivalents                609.429       (12.097.685)                  12.707.114                -105,04%
 Effect of Changes in Foreign Exchange Rates                        (326.679)          492.085                   (818.764)                 -166,39%
 Cash and Cash Equivalents at Beginning of Year                     5.953.951       17.559.551                (11.605.600)                 -66,09%
 Cash and Cash Equivalents at the End of Year                       6.236.701        5.953.951                     282.750                    4,75%


At the end of the 2024 fiscal year, the Bank's cash and cash equivalents balance was recorded at IDR6.24 trillion, an increase of IDR282.75
billion or 4.75% compared to the position at the beginning of the year which reached IDR5.95 trillion. This was due to an increase in
Net Cash from operating and investing activities.




Annual Report 2024                                                161                                                     PT Bank KB Bukopin Tbk
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          Management Analysis and Discussion




Cash Flow from Operating Activities

As of December 31, 2024, the Company recorded Cash Flow from Operating Activities of minus IDR7.44 trillion, an increase of IDR2.72
trillion or a decrease of 26.76% compared to the previous year which was recorded at minus IDR10.17 trillion. This is due to the collection
of third party funds being better compared to the 2023 period.

Cash Flow Used for Investment Activities

Cash Flow from Investment Activities until the end of 2024 was recorded at IDR276.85 billion or an increase of IDR11.87 trillion compared
to 2023 which was recorded at minus IDR11.60 trillion. This was mainly due to increased receipts/payments from securities maturing
in 2024 compared to 2023.

Cash Flow from Funding Activities

Throughout 2024, KB Bank recorded Cash Flow from Funding Activities of IDR7.78 trillion, a decrease of IDR1.89 trillion or a decrease
of 19.51% compared to the previous year which reached IDR9.66 trillion. This was mainly influenced by increased payments from
securities issued.




Annual Report 2024                                                162                                            PT Bank KB Bukopin Tbk
Page 163
                                        CAPACITY TO PAY DEBT AND LEVEL OF
                                      ACCOUNTS RECEIVABLE COLLECTABILITY

Ability to Pay Debt
KB Bank's ability to meet obligations or pay debts is assessed through a number of financial ratios, including liquidity, solvency, and
profitability. In terms of liquidity, KB Bank recorded a Loan to Deposit Ratio (LDR) of 103.26% in 2024, a decrease compared to 113.18%
in 2023. Meanwhile, in terms of solvency, the Bank's Capital Adequacy Ratio (CAR) reached 16.38%, exceeding the minimum limit set
by the regulator of 12.5%, which reflects capital resilience in facing credit, market, and operational risks. In the profitability ratio, ROA
was recorded at -7.55%, ROE at -154.60%, NIM at 1.31%, and BOPO at 192.58%. ROA, NIM, and BOPO improved compared to the previous
year, while ROE actually decreased significantly compared to 2023.

The Bank's profitability in 2023 and 2024 is indicated in the table below:


                                                                                                                                   Growth
                                    Description                                               2024             2023
                                                                                                                                      %
 Return on Asset (ROA)                                                                          -7,55%                -7,71%                 0,16%
 Return on Equity (ROE)                                                                       -154,60%              -61,38%                -93,22%
 Net Interest Margin (NIM)                                                                       1,31%                0,78%                 0,53%
 Operating expenses to operating income ratio (BOPO)                                           192,58%              223,28%                -30,66%


Ability to Pay Debt from Securities Issued
A company's ability to pay its debts can be measured through the rating of the debt securities or bonds it issues. A rating agency such
as Pefindo gave this rating to assess the eligibility level of the bonds. The quality of a bond is largely determined by the company's
capacity to meet debt repayment obligations when due and pay interest or coupons in accordance with the agreement during the
bond's validity period. Generally, bonds issued are listed on the Indonesia Stock Exchange.

                                              Ability to Pay Debt from Securities Issued

                                                                                                           Rating
                              Description
                                                                                 2024                        2023                    2022
 Bonds
 Subordinated Shelf-Registration Bonds II Bank Bukopin Phase I Year 2015           *                           -                       -
 Subordinated Shelf-Registration Bonds II Bank Bukopin Phase II Year
                                                                                   *                     idAA (Pefindo)          idA- (Pefindo)
 2017
                                                                                AAA(idn)                    AAA(idn)                AAA(idn)
 Subordinated Bonds I Bank KB Bukopin Tranche I Year 2021
                                                                              Fitch Rating                Fitch Rating            Fitch Rating
 Shelf-registered Subordinated bonds III Bank KB Bukopin Tranche I Year          AA(idn)                     AA(idn)
                                                                                                                                 idAA (Pefindo)
 2021 Serie A                                                                 Fitch Rating                Fitch Rating
 Shelf-registered Subordinated bonds III Bank KB Bukopin Tranche I Year          AA(idn)                     AA(idn)
                                                                                                                                 idAA (Pefindo)
 2021 Serie B                                                                 Fitch Rating                Fitch Rating
                                                                              BBB (stable)
 Senior Unsecured Notes                                                                                        -                       -
                                                                              Fitch Ratings




Annual Report 2024                                                     163                                                PT Bank KB Bukopin Tbk
Page 164
           Management Analysis and Discussion




                                                               Rating Definition

        Rating Agency                      Rating                                                Rating Definition
                                                                  Obligors rated idA have a strong capacity to meet their long-term financial
                                                                  commitments compared to other Indonesian obligors. However, the Obligor is
                                                                  somewhat more vulnerable to adverse effects from changes in circumstances
                                            idA+
                                                                  and economic conditions than higher-rated Obligors. The Plus (+) sign
                                                                  indicates that the rating is relatively strong within its respective rating
                                                                  category.
                                                                  Indicates that the obligor's ability to meet long-term financial commitments
                                                                  on the debt instrument, compared to other obligors in Indonesia, is strong.
                                             idA                  However, the obligor's ability may be affected by adverse changes in
 PEFINDO                                                          circumstances and economic conditions, compared to debt instruments with
                                                                  higher ratings.
                                                                  Obligors rated idAA differ from the highest-rated obligors only to a small
                                            idAA                  extent, and have a very strong capacity to meet their long-term obligations.
                                                                  The term of their financial commitments relative to other Indonesian obligors.
                                                                  An obligor rated idBBB has adequate capacity to meet its long-term financial
                                                                  commitments relative to other Indonesian bonds. However, adverse economic
                                            idBBB
                                                                  conditions or changing circumstances are more likely to weaken the obligor's
                                                                  capacity to meet its financial commitments.
                                                                  The National Long-Term Rating ‘AAA’ is the highest rating assigned by Fitch
 Fitch Rating                                AAA                  on the National Rating scale. This rating is given to issuers with the lowest
                                                                  default expectations compared to other similar issuers.



Receivables Collectibility
The consolidated credit quality, classified by type, currency, and collectibility, is presented in the following table:


                                                   December 31, 2024 (Consolidated)
                                                                                                        (in millions IDR, unless otherwise stated)
                                                                                                           Non-
    Description           Current        Special Mention        Substandard          Doubtful
                                                                                                        performing                Total
 Rupiah:
 Working Capital            8.586.568              1.342.083           24.387               123.647          1.261.388                  11.338.073
 Investment                  8.951.563              649.760           107.337                95.849            790.115                 10.594.624
 Consumption                12.644.879              358.749             51.219               85.861          1.575.387                  14.716.095
 Government
                               79.900                   577                   -                 964              4.802                     86.243
 Program
 Syndication                3.534.954                      -                  -                    -                  -                 3.534.954
 Board of Directors
                               30.272                      -               36                      -                  -                    30.308
 and Employees
 Other Banks                         -                     -                  -                    -                  -                           -
 Sub Total IDR              33.828.136             2.351.169          182.979               306.321          3.631.692                 40.300.297
 Allowances for
                             (519.858)             (291.896)         (121.716)            (103.485)        (1.854.587)                 (2.891.542)
 impairment losses
 Net                       33.308.278              2.059.273           61.263               202.836           1.777.105                37.408.755




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Page 165
                                                 December 31, 2024 (Consolidated)
                                                                                                            (in millions IDR, unless otherwise stated)
                                                                                                              Non-
   Description         Current            Special Mention       Substandard              Doubtful
                                                                                                           performing                    Total
Foreign Currency:
Working Capital          2.491.788                        -                   -                     -                14.514                  2.506.302
Investment                 688.171                 130.584                    -                     -                      -                      818.755
Consumption                  2.149                        -                   -                     -                      -                         2.149
Syndication              3.899.983                        -                   -                     -                      -                 3.899.983
Sub Total of Foreign
                         7.082.091                 130.584                    -                     -                14.514                      7.227.189
Currency
Allowance for
                          (64.040)                 (32.873)                   -                     -                (3.742)                     (100.655)
Impairment Loss
Net                      7.018.051                  97.711                    -                     -                10.772                      7.126.534
Total                   40.326.329               2.156.984             61.263                 202.836              1.787.877                44.535.289
Composition                90,55%                   4,84%              0,14%                   0,46%                 4,01%                       100,00%




                           Collectability Based on Currency, Type, and Collectability in 2023
                                                      December 31, 2023 (Consolidated)
                                                                                                                         Non-
   Description         Current              Special Mention         Substandard                 Doubtful
                                                                                                                      performing
                                                                                                                                            Total

IDR:
Working Capital           12.700.942                 2.778.896                     86.298                 27.551           1.385.015         16.978.702
Investment                12.421.537                   955.853                     45.904                15.666            1.036.580         14.475.540
Consumption               10.407.855                   444.975                     76.048                117.965           1.699.974         12.746.817
Government
                              98.757                     1.035                           -                1.306                 4.044              105.142
Program
Syndication                      3.544                        122                        -                  221                    39                3.926
Board of Directors
                                 76.516                         -                        -                     -                2.152              78.668
and Employees
Other Banks                           -                         -                        -                     -                     -                   -
Sub Total IDR             35.709.151                 4.180.881                    208.250               162.709            4.127.804         44.388.795
Allowances
forimpairment              (591.000)                  (752.511)                   (44.807)              (56.860)         (2.069.484)         (3.514.662)
losses
Net                        35.118.151                3.428.370                    163.443               105.849            2.058.320         40.874.133
Foreign Currency:
Working Capital            3.355.300                            -                        -                     -               13.821            3.369.121
Investment                 1.658.515                            -                        -                     -                     -           1.658.515
Consumption                       2.185                         -                        -                     -                     -               2.185
Syndication                           -                         -                        -                     -                     -                   -
Sub Total of Foreign
                           5.016.000                            -                        -                     -               13.821            5.029.821
Currency

Allowance for
                            (64.311)                            -                        -                     -               (3.861)            (68.172)
Impairment Loss




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        Management Analysis and Discussion




                        Collectability Based on Currency, Type, and Collectability in 2023
                                             December 31, 2023 (Consolidated)
                                                                                                  Non-
   Description       Current        Special Mention       Substandard           Doubtful
                                                                                               performing
                                                                                                                Total

Net                     4.951.689                     -                  -                 -          9.960      4.961.649
Total                 40.069.840            3.428.370              163.443           105.849      2.068.280     45.835.782
Composition               87,42%               7,48%                0,36%              0,23%         4,51%        100,00%




Annual Report 2024                                        166                                       PT Bank KB Bukopin Tbk
Page 167
                                                                                               FINANCIAL RATIOS


The following are KB Bank's financial ratios and other important indicators for the 2023 to 2024 financial years.


                                             Financial Ratios and Other Significant Ratios
                                                                                                   (In percentage, unless otherwise stated)

                                           Description                                          December 31, 2024     December 31, 2023
 Capital
 CAR by calculating credit risk                                                                              17,22%                28,50%
 CAR by taking into account credit risk and market risk                                                      17,11%                28,37%
 CAR by taking into account credit risk and operational risk                                                16,49%                  27,17%

 CAR by Calculating Credit Risk, Market Risk, and Operational Risk                                          16,38%                 27,05%

 Net Fixed Assets to Core Capital                                                                           91,39%                  38,51%
 Earning Asset
 Non-performing Earning Assets and Non-performing Non-earning Assets to Total Earning Assets
                                                                                                              5,01%                  6,27%
 and Non-Earning Assets
 Non-performing Earning Assets to Total Earning Assets                                                       3,00%                   6,37%

 Allowance for Impairment Losses (CKPN) of Financial Assets to Earning Assets                                 4,47%                 4,80%

 NPL Gross                                                                                                   9,06%                  9,56%
 NPL Nett                                                                                                    4,38%                  4,87%
 Profitability
 ROA                                                                                                         -7,55%                 -7,71%
 ROE                                                                                                      -154,60%                 -61,38%
 NIM                                                                                                          1,31%                 0,78%
 BOPO                                                                                                      192,58%                223,28%
 Cost to Income Ratio (CIR)                                                                                146,31%                170,20%
 Profit (Loss) Ratio to Interest Income                                                                    -116,03%               -124,56%
 Profit (Loss) to Total Assets Ratio                                                                         -7,62%                 -7,18%
 Profit (Loss) to Total Equity Ratio                                                                        -79,49%                -42,92%
 Liabilities to Total Assets Ratio                                                                          90,42%                 83,26%
 Liabilities to Total Equity Ratio                                                                         943,43%                497,49%
 Liquidity
 LDR                                                                                                       103,26%                 113,18%
 Compliance
 Percentage of LLL Violation
       Related Parties                                                                                            -                       -
       Non-related Parties                                                                                        -                       -
 Percentage of LLL Excess
       Related Parties                                                                                            -                       -
       Non-related Parties*                                                                                   7,64%                       -
 Minimum Reserve Requirement (MRR):
 Main MRR in Rupiah



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         Management Analysis and Discussion




                                            Financial Ratios and Other Significant Ratios
                                                                                                        (In percentage, unless otherwise stated)

                                          Description                                               December 31, 2024       December 31, 2023
    Daily MRR                                                                                                      8,70%                  7,05%
    Average MRR                                                                                                    8,74%                  7,37%
Macroprudential Liquidity Buffer d/h Secondary MRR                                                                28,82%                 35,08%
GWM konvensional valuta asing                                                                                      4,02%                  4,02%
Net Open Position                                                                                                  2,46%                  1,62%

*) On December 31, 2020 there was an Legal Lending Limit (LLL) overlimit related to credit guarantees in the context of implementing Credit Risk
Management techniques. This LLL overlimit is the impact of the decline in Core Capital experienced by the Bank. This LLL overlimit has been
resolved in accordance with Bank Letter No.04380/DIR/III/2021 dated March 8, 2022
*) As of December 31, 2019, there was Legal Lending Limit (LLL) overlimit due to changes in regulations, where the previous regulations based on
PBI No.7/3/PBI/2005 and No.8/13/PBI/2008 have been updated with POJK NO. 32/POJK.03/2018 concerning LLL for Commercial Banks. The LLL
exceedance that occurred was related to the maximum credit guarantee limit within the framework of Credit Risk Management Techniques (MRK).
As of March 2020, this LLL overlimit has been resolved.




Annual Report 2024                                                    168                                               PT Bank KB Bukopin Tbk
Page 169
                                                                BASE CREDIT INTEREST RATE


As a conventional commercial bank operating in Indonesia, KB Bank is obliged to report and publish the Basic Credit Interest Rate
(SBDK) in Indonesian Rupiah currency. This obligation is in accordance with OJK Regulation (POJK) No. 37/POJK.03/2019 on Transparency
and Publication of Bank Reports and OJK Circular Letter (SEOJK) No. 9/SEOJK.03/2020 concerning Transparency and Publication of
Conventional Commercial Bank Reports.

Meanwhile, disclosure of SBDK is an important step to strengthen the implementation of GCG and encourage healthy competition,
which in turn creates better market discipline. In addition, SBDK reporting provides clear information, making it easier for customers
to understand the benefits, costs, and risks of the credit offered, so that customers can make more informed and wise decisions in
choosing credit products that suit their needs.

The following is comparative information on Bank SBDK for 2024 and 2023:


                                                           Rupiah Basic Credit Interest Rate Based on Segment
         Description                                                                               Household Loan       Non- Household
                                 Corporate Credit        Retail Credit         Micro Credit
                                                                                                       Credit             Loan Credit
                                                                 2024
 December                                     8.52%                8.59%                11.20%                  9.29%            9.74%
                                                                 2023
 December                                     9.17%                 9.31%                9.31%                  9.31%            9.31%




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Page 170
           Management Analysis and Discussion




CAPITAL STRUCTURE AND MANAGEMENT
POLICY ON CAPITAL STRUCTURE

Capital Structure Management Policy
KB Bank is committed to maintaining a healthy capital structure balance to support business continuity and optimize returns for
shareholders. In addition, in accordance with the provisions of the Limited Liability Company Law which has been in effect since August
16, 2007, KB Bank is required to allocate up to 20% of the issued and fully paid-up share capital into a non-distributable reserve fund.
External provisions related to this capital will be one of the considerations in the upcoming General Meeting of Shareholders (GMS).

In managing its capital structure, KB Bank always adjusts its policies based on the dynamics of economic conditions. To maintain capital
balance, steps that can be taken include adjusting dividend policies, providing capital rewards to shareholders, or issuing new shares.

Throughout the period ending December 31, 2024, there were no changes in KB Bank's objectives, policies, or capital management
processes. The policies implemented remain focused on maintaining a healthy capital structure in order to ensure access to funding
sources at competitive costs.



Company Capital Structure
KB Bank determines the composition of its capital structure that aims to achieve optimal value and support business sustainability.
In this effort, KB Bank implements a balanced capital structure in order to maximize the company's value. The following is the
composition of the capital structure for 2024 and its comparison with 2023:


                             Summary of Quantitative Data on KB Bank Capital Management 2024-2023
                                                                                                              (in million IDR, unless otherwise stated)
                                                                                31 December                                31 December

                     Capital Component                                                  2024                                      2023

                                                                       INDIVIDUAL         CONSOLIDATION         INDIVIDUAL          CONSOLIDATION
 A.   EQUITY TIER (Tier 1)                                                                                           7.847.606               9.813.056
      1.    Common Equity Tier (CET 1)                                     3.410.320             5.401.050           7.847.606               9.813.056

            1,1    Paid-Up Capital (net of Treasury Stock)                                     19.000.000                                  19.000.000
                                                                         19.000.000                                 19.000.000

            1,2    Disclosed Reserved                                                          (12.069.567)                                (6.230.802)
                                                                         (12.615.080)                               (5.726.387)
                   1,2,1     Additional Factors                            9.995.144            10.181.385            9.792.829             10.001.143
                                       Other comprehensive
                             1,2,1,1                                        1.769.377            1.955.618            1.567.062               1.775.376
                                       income
                                                   Difference
                                                   in Financial
                                       1,2,1,1,1                                    -                     -
                                                   Statements
                                                   Disclosure
                                                   Potential profit
                                                   from an increase
                                                   in fair value of
                                       1,2,1,1,2                                    -              138.653               9.696                 171.483
                                                   financial assets
                                                   in ready for sale
                                                   category




Annual Report 2024                                                      170                                                  PT Bank KB Bukopin Tbk
Page 171
                       Summary of Quantitative Data on KB Bank Capital Management 2024-2023
                                                                                                           (in million IDR, unless otherwise stated)
                                                                            31 December                                 31 December

                 Capital Component                                                  2024                                       2023

                                                                   INDIVIDUAL         CONSOLIDATION          INDIVIDUAL          CONSOLIDATION
                                             Fixed assets
                                 1,2,1,1,3   revaluation               1.769.377              1.816.965            1.557.366              1.603.893
                                             surplus balance

                       1,2,1,2   Other Disclosed Reserves              8.225.767              8.225.767            8.225.767              8.225.767

                                 1,2,1,2,1   Agio                      8.225.767              8.225.767            8.225.767              8.225.767
                                 1,2,1,2,2   General Reserves                   -                      -

.                                1,2,1,2,3   Past years profit                  -                      -

                                 1,2,1,2,4   Profit for the year                -                      -

                                             Paid-up capital
                                 1,2,1,2,5                                      -                      -                   -                       -
                                             funds
                                 1,2,1,2,6   Others                             -                      -

               1,2,2   Deduction Factors                                                   (22.250.952)         (15.519.216)            (16.231.945)
                                                                     (22.610.224)

                                 Other comprehensive
                       1,2,2,1                                          (28.478)                       -
                                 income
                                             Difference
                                             in financial
                                 1,2,2,1,1                                      -                      -
                                             statement
                                             disclosure
                                             Potential
                                             Loss from an
                                             impairment of
                                 1,2,2,1,2   fair value of              (28.478)                       -
                                             financial assets in
                                             available for sale
                                             category

                       1,2,2,2   Other Disclosed Reserves                                  (22.250.952)         (15.519.216)            (16.231.945)
                                                                     (22.581.746)

                                 1,2,2,2,1   Disagio                            -                      -                   -                       -

                                 1,2,2,2,2   Past years losses                             (14.864.834)                                 (8.830.450)
                                                                     (14.172.960)                                (8.662.180)
                                             Losses for the
                                 1,2,2,2,3                                                   (6.329.151)                                (6.034.384)
                                             year                     (7.378.803)                                (5.510.779)
                                             Deficit between
                                             Provisions of
                                             Asset Allowance
                                             (PPA) and
                                 1,2,2,2,4                                                    (263.414)                                   (254.447)
                                             Allowance for             (361.658)                                   (367.039)
                                             Impairment
                                             Losses (CKPN) of
                                             earning assets




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          Management Analysis and Discussion




                          Summary of Quantitative Data on KB Bank Capital Management 2024-2023
                                                                                                            (in million IDR, unless otherwise stated)
                                                                              31 December                                31 December

                    Capital Component                                                 2024                                      2023

                                                                     INDIVIDUAL         CONSOLIDATION         INDIVIDUAL          CONSOLIDATION
                                                 Deficit in the
                                                 amount of
                                                 adjustments to
                                     1,2,2,2,5   the fair value                   -                     -
                                                 of financial
                                                 instruments in
                                                 the Trading Book
                                                 PPA of non-
                                                 productive assets
                                     1,2,2,2,6                                                 (793.553)                                  (1.112.664)
                                                 that must be            (668.325)                                  (979.218)
                                                 established
                                     1,2,2,2,7   Others                           -                     -

                  Non-Controlling Interests that can be taken
           1,3
                  into account

           1,4    Common Equity Tier 1 Deduction Factors                                      (1.529.383)                                 (2.956.142)
                                                                       (2.794.600)                                (5.426.007)

                  1,4,1   Deferred tax calculation                                            (1.258.561)                                 (2.670.542)
                                                                        (1.150.806)                               (2.558.815)
                  1,4,2   Goodwill                                                -            (189.482)                    -              (189.482)
                  1,4,3   All other intangible assets                     (80.652)               (81.325)            (95.241)                (96.103)
                          Participation that is calculated as a
                  1,4,4                                                 (1.178.142)                  (15)                                        (15)
                          deduction factor                                                                        (2.206.951)
                  1,4,5   Lack of capital in insurance subsidiary                 -                     -

                  1,4,6   Securitization exposures                                -                     -

                          Other deduction factors of common
                  1,4,7                                                                                 -                                           -
                          equity tier 1                                  (565.000)                                 (565.000)
                                     Placement of funds in AT I
                          1,4,7,1    instrument and/or Tier 2 at                                        -                                           -
                                                                         (565.000)                                 (565.000)
                                     other banks
                                     Cross ownership in other
                                     entities that is obtained
                          1,4,7,2                                                 -                     -
                                     based on transfer by law,
                                     grant, or probate grant
                                     Exposures that give rise to
                                     Credit Risk due to failure
                          1,4,7,3    in settlement (settlement                    -                     -
                                     risk) - Non Delivery Versus
                                     Payment
                                     Exposures in Subsidiary
                                     Companies that carry out
                          1,4,7,4                                                 -                     -
                                     business activities based on
                                     sharia principles (if any)
     2.    Additional Tier 1 ( (AT - 1)
           2,1    Instruments that fulfil AT 1 requirements
           2,2    Agio/Disagio
                  Deduction Factors: Investment in AT1 and Tier
           2,3
                  2 instruments at other banks
                          Placement of funds in AT I instrument
                  2,3,1
                          and/or Tier 2 at other banks




Annual Report 2024                                                    172                                                  PT Bank KB Bukopin Tbk
Page 173
                           Summary of Quantitative Data on KB Bank Capital Management 2024-2023
                                                                                                           (in million IDR, unless otherwise stated)
                                                                             31 December                                31 December

                       Capital Component                                             2024                                      2023

                                                                    INDIVIDUAL         CONSOLIDATION         INDIVIDUAL          CONSOLIDATION
                           Cross ownership in other entities that
                  2,3,2    is obtained based on transfer by law,
                           grant, or probate grant
B.   SUPPLEMENTARY CAPITAL (Tier 2)                                     3.410.320             4.099.247            4.317.559              4.392.073

            Capital instruments in the form of shares or other
     1.                                                                 3.252.830             3.602.830            3.798.018              3.848.018
            forms that fulfill the Requirements of Tier 2

     2.     Agio/disagio                                                         -                     -

            General reserves of PPA for earning assets that
     3.     must be established (maximum 1,25% of Credit Risk            157.490                496.417              519.541               544.055
            RWA)
     4.     Deduction Factors of Tier 2 Capital 1)
            4,1   Sinking Fund

                  Investment in AT1 and Tier 2 instruments at
            4,2
                  other banks 2)

                  Cross ownership in other entities that is
            4,3   obtained based on transfer by law, grant, or
                  probate grant
TOTAL CAPITAL                                                          6.820.640              9.500.297           12.165.165             14.205.129
RISK WEIGHTED ASSETS

     CREDIT RISK RWA 3)                                                39.598.647            45.189.096           42.683.771            48.289.880


     MARKET RISK RWA                                                     268.195                168.195              197.195                197.195

     OPERATIONAL RISK RWA                                               1.771.508             1.987.358           2.098.314               2.344.395
     TOTAL RWA                                                         41.638.350            47.444.649          44.979.280              50.831.470
CAR RATIO ACCORDING TO RISK PROFILE                                        9,00%                 9,00%              10,00%                  10,00%
CAR RATIO
     CET 1 Ratio (%)                                                       8,19%                11,38%               17,45%                 19,31%
     Tier 1 Ratio (%)                                                      8,19%                11,38%               17,45%                 19,31%
     Tier 2 Ratio (%)                                                      8,19%                 8,64%                9,60%                  8,64%
     RWA Ratio (%)                                                        16,38%                20,02%               27,05%                 27,95%
CET 1 FOR BUFFER (%)                                                       2,19%                 5,38%               11,45%                  13,31%
PERCENTAGE OF BUFFER THAT MUST BE FULFILLED BY THE BANK
                                                                          2,500%                2,500%              2,500%                  2,500%
(%)
     Capital Conservation Buffer (%)                                      2,500%                2,500%              2,500%                  2,500%
     Countercyclical Buffer (%)                                          0,000%                0,000%               0,000%                  0,000%
     Capital Surcharge for systemic banks (%)                            0,000%                0,000%               0,000%                  0,000%




Annual Report 2024                                                   173                                                  PT Bank KB Bukopin Tbk
Page 174
          Management Analysis and Discussion




To ensure operational sustainability, KB Bank has the responsibility   In managing its capital structure, the Bank implements the
to manage its capital optimally. This management is not only           following policies:
based on the Company's obligation to provide returns to                1. Optimizing the use of capital to support business growth,
shareholders, but also to create added value and benefits for              especially in new financing and future investments (New
other stakeholders. The capital structure applied reflects the             Generation Banking System, outlet development, and others).
balance between equity, which consists of the Company's equity,        2. Providing reserves for credit losses, which are sourced from
and external capital which includes liabilities. External capital          income from recovery efforts (turn-around).
can come from various sources, such as bank loans, trade debt,         3. Managing RWA and capital charges through collateral
or other forms of financing, while equity is obtained through              restructuring, as well as resolving problem loans and
capital placement and annual comprehensive income.                         foreclosed assets (AYDA).




MATERIAL COMMITMENTS RELATED TO
CAPITAL GOODS INVESTMENTS

Referring to the Financial Services Authority Regulation (POJK)        Throughout 2024, the Bank has no material commitments for
No. 17/POJK.04/2020 concerning Material Transactions and               capital goods investment. Thus, information related to this cannot
Changes in Business Activities, Article 3 paragraph (1) stipulates     be submitted.
that a transaction is categorized as a material transaction if the
transaction value reaches or exceeds 20% of the equity of the
Public Company.




Annual Report 2024                                                 174                                          PT Bank KB Bukopin Tbk
Page 175
                         REALIZATION OF CAPITAL GOODS INVESTMENT


Throughout 2024, PT Bank KB Bukopin Tbk continues to implement investment strategies in capital goods to improve performance
and create added value in the future. The following is the realization of the Bank's capital goods investment for 2023 and 2024:


                                       Realization of Capital Goods Investment 2024-2023
                                                                                              (in millions IDR, unless otherwise stated)
                                                     December 31          December 31                         Growth
                       Description
                                                         2024                2023                  IDR                      %
 Land                                                                 -              8.175                (8.175)               -100,00%
 Building                                                       2.054                5.561                (3.507)               -63,06%
 Furniture and Office supplies                                  47.138              14.084                33.054                234,69%
 Motor Vehicle                                                     250              26.749               (26.499)                -99,07%
 Building Facilities                                                  -                 351                 (351)               -100,00%

 Assets under Constructions                                      2.219               5.846                (3.627)                -62,04%

 Total Capital Expenditure                                      51.661              60.766                (9.105)                -14,98%
 Payment Cash Flow for Capital Expenditure                      51.661              60.766                (9.105)                -14,98%


Until December 31, 2024, the capital goods investment realized by KB Bank showed a decline, from IDR 60.77 billion in 2023 to IDR
51.66 billion in 2024.




                 MATERIAL INFORMATION AND FACTS THAT OCCUR
                 AFTER THE DATE OF THE ACCOUNTANT’S REPORT

There is no material information and facts that occurred between the end of the reporting period of December 31, 2024 and the date
of the accountant's report on March 12, 2025. Therefore, this information cannot be submitted.




Annual Report 2024                                              175                                          PT Bank KB Bukopin Tbk
Page 176
          Management Analysis and Discussion




BUSINESS PROSPECT


As quoted from the Bank Indonesia Report entitled "Synergy to          In response to future challenges, KB Bank continues to encourage
Strengthen National Economic Stability and Transformation"             synergy between the parent company and its subsidiaries which
explains that, The dynamics and direction of the global economy        aims to create mutually beneficial cooperation while continuing
in 2025-2026 and the next five years will have major implications      to strengthen the supervisory function through integrated
for the Indonesian economy, and therefore need to be anticipated       governance. Increasing business development is carried out
with an optimal national economic policy mix response.                 through the concept of synergy between the parent company
                                                                       and its subsidiaries with the theme "Strengthening Synergy and
There are at least 5 (five) important aspects that need to be          Collaboration" which is aligned with the implementation of POJK
considered, namely:                                                    28/POJK.03/2019 concerning Banking Synergy in One Ownership
1. The importance of maintaining macroeconomic and financial           for the Development of Sharia Banking.
   system stability as the first and main defense in facing the
   dynamics of the global economy and finance that are changing        There are 3 (three) main areas that are the focus of strengthening
   rapidly and full of uncertainty.                                    Synergy and Collaboration, including Delivery Channel, E-channel,
2. The need to continue to increase domestic growth sources,           IT, and Digital Ecosystem, with the following development
   especially consumption and investment, while continuing             perspective concepts:
   to encourage exports through trade cooperation between              1. Delivery Channel Synergy
   countries.                                                              • Increasing the number and distribution by adding General
3. The need to accelerate real sector transformation policies                 Bank Sharia Service (LSBU) points
   to increase competitiveness and productivity, both capital,             • Increasing HR competency in carrying out LSBU functions
   labor, and innovation and efficiency. Improving the investment             and cross-selling of sharia products by Bank officers
   climate to be able to compete in attracting foreign direct                 through a referral scheme
   investment, the ability to encourage growth in capital-                 • Increasing service capacity at LSBU outlets
   intensive and labor-intensive sectors, as well as improving             • Mini ATM business cooperation with banks
   skills and certification of workforce professions is increasingly       • Co-Location through the Type A pattern: Full relocation,
   important.                                                                 Type B: Placement of sales functions at bank outlets and
4. The need to increase the deepening of the financial market                 Type C: conventional LSBU
   for sources of financing for the national economy and to                • Carrying out promotional activities by placing KB Bank
   maintain the attractiveness of foreign capital flows in the                Syariah marketing staff at KB Bank outlets for the sale of
   form of portfolio investment and PMA.                                      gold financing during a certain period.
5. The need to accelerate digitalization in terms of payment               • Use of ex-closed outlets from KB Bank as new outlets
   systems, the financial sector, and innovation in various                   and relocation of KB Bank Syariah in the context of
   economic and financial transactions nationally and                         implementing banking synergy, for example: use of ex-
   internationally. Digitalization will drive economic growth                 KCU Banda Aceh in the context of implementing qonun
   with the increasing development of the financial services                  Aceh, use of ex-KCP Antapani in the context of relocating
   and intermediary sectors as well as increasing the efficiency              KCU for efficiency, and plans to use other closed ex-outlets
   and productivity of the national economy.                                  according to the needs of the subsidiary's business
                                                                              development adjusted to the cost benefit analysis.
                                                                           • Utilization of part of the KB Bank Building area by the
                                                                              Subsidiary to be used for product sales activities and
                                                                              other business activities.




Annual Report 2024                                                 176                                          PT Bank KB Bukopin Tbk
Page 177
2. E-Channel Synergy                                                 4. Strengthening PT KB Bukopin Finance through Company
   • Review of features on sharia mobile banking, namely                consolidation
       M-BISA, or development of sharia digital banking services        • Currently, the core capabilities of the financial group will
       through synergy with the Wokee / KB Star application                 be focused on the growth of the parent company, namely
   • Synergy in the use of BI-FAST & QRIS payment networks                  BBKP, as its main priority.
       through M-BISA                                                   • At the same time, KBBF is directed to improve the
   • Attracting Muhammadiyah students to use M-BISA                         company's financial structure through capital reduction,
   • Cooperation in the Mini ATM business, PPOB and utilization             this is necessary to create a strategic and financial
       of Bank E-channel services.                                          foundation to attract potential investors who have
   • Use of KBBS cash withdrawal transactions at KB Bank                    experience in running a better financing company
       ATMs with the “on US” scheme                                         business.
3. IT and Digital Ecosystem Synergy
   • Utilization of the parent company's capabilities related
       to E-KYC to improve customer experience
   • Implementation of Know Your Customer (KYC) procedures
       to support the implementation of the APU, PPT and
       PPPSPM Programs through the use of Dow Jones licensed
       applications
   • Reviewing the use of KB Star for the sale of sharia products.




Annual Report 2024                                               177                                         PT Bank KB Bukopin Tbk
Page 178
           Management Analysis and Discussion




TARGET ACHIEVEMENTS WITH REALIZATION
AND PROJECTIONS FOR THE NEXT YEAR

Entering 2024, the Bank has formulated and set various targets to be achieved, which are then outlined in the Bank Business Plan
(RBB). The preparation of these targets is carried out by considering the dynamics that occur, both in the economic sector and
the banking industry in Indonesia. The following are the Company's achievements on the targets that have been set for 2024 and
projections for 2025:


                                            Achievement of Realization of the 2023 Target
                                                                                                 (in million IDR, unless otherwise stated)
                                                                      Realization               Bank’s Business
                            Description                                  2024                     Plan (RBB)
                                                                                                                       Achievements (%)

 Financial Position
 Total Assets                                                                  75.458.349               79.568.054                94,83%
 Placement with Bank Indonesia and Other Banks                                  1.594.828                 3.329.691               47,90%
 Securities                                                                     21.107.351              20.249.586               104,24%
 Loans                                                                          41.456.215              43.228.510                95,90%
 Other Asset Components                                                         11.299.955               12.760.267               88,56%
 Total Liabilities                                                              57.894.471              68.376.894                84,67%
 Total Customer Saving                                                          40.147.845               43.511.886               92,27%
 Securities Issued                                                                  5.790.158            5.540.458               104,51%
 Other Liabilities Components                                                  11.956.468               19.324.550                 61,87%
 Total Equities                                                                     7.563.879            11.191.160               67,59%
 Paid-up Capital and Additional Paid-up Capital                                 27.225.767               27.699.744               98,29%
 Profit/Loss Accummulation                                                     (21.417.116)            (18.165.306)               84,82%
 Other Equity Components                                                            1.755.228             1.656.721              105,95%
 Profit/Loss
 Income and Interest Expense
 Interest Income                                                                    4.877.943            4.685.562                104,11%
 Interest Expense                                                              (3.969.035)              (3.750.398)               94,49%
 Interest Income – Net                                                               908.908                935.164                97,19%
 Operating Income and Expenses Other than Interest
 Operating Income Other Than Interest                                                318.964               643.881                49,54%
 Operating Expenses other than Interest                                        (1.796.458)               (2.129.776)             118,55%
 - General and Administrative Expenses                                          (1.088.119)              (1.196.547)             109,96%
 - Labor Burden                                                                     (708.339)             (933.229)               131,75%
 Operating Income (Expenses) Other Than Interest - net                          (1.477.494)             (1.485.895)              100,57%
 (Expense) CKPN Recovery                                                       (4.247.876)              (3.909.321)               92,03%
 Operating Profit (Loss)                                                       (4.816.462)              (4.460.052)               92,60%
 Non-Operating Income (Expense) – Net                                           (1.145.292)               (658.341)               57,48%
 Profit before tax Income                                                       (5.961.753)              (5.118.393)              85,85%
 Income Tax Benefits (Expense)                                                  (1.417.050)               1.126.046               -79,46%
 Net Profit                                                                    (7.378.803)              (3.992.346)                54,11%




Annual Report 2024                                              178                                            PT Bank KB Bukopin Tbk
Page 179
                                                2025 Projection on 2024 Realization
                                                                                                    (in millions IDR, unless in percentage)

                                                                                      Realization                        RBB
                                  Description                                            2024                            2025
Financial Position
Total Assets                                                                                  75.458.349                        79.859.254
Loans                                                                                         41.456.215                        46.531.650
Total Customer’s Saving                                                                       40.147.845                        44.879.813
Total Equities                                                                                 7.563.879                         8.066.295
Loss/Profit
Interest income – net                                                                          4.877.943                          5.163.371
Operating income other than Interest                                                                318.964                        484.771
Operating Expenses other than Interest                                                        (1.796.458)                       (2.028.000)
(Expense) CKPN Recovery                                                                       (4.247.876)                       (1.054.096)
Non-Operating Income (Expense) – Net                                                          (1.145.292)                        1.282.950
Net Profit                                                                                    (7.378.803)                          205.695
BASIC FINANCIAL RATIO
NIM                                                                                                  1,31%                           2,19%
CAR                                                                                                 16,38%                         20,46%
NPL-Net                                                                                              4,38%                           4,02%




Annual Report 2024                                             179                                             PT Bank KB Bukopin Tbk
Page 180
          Management Analysis and Discussion




MARKETING ASPECTS


In running its business, marketing aspect is the key factor for           in all segments. Acceleration of AYDA sales is carried out by
the Company. This aspect aims to map market share to support              socializing incentive programs for AYDA sales with attractive
business growth, as well as analyze market needs to align                 schemes for employees who succeed in selling AYDA which
marketing strategy implemented with existing demand. The                  have been socialized through KB Bank's internal information
following are the marketing strategies implemented by KB Bank             channels.
throughout 2024:                                                          The Bank has also strengthened the Special Asset Management
                                                                          function to optimize collection and settlement of bad banks
Management Strategy                                                       which of course avoids settlement options that create a
                                                                          burden for the Bank. In addition, the Bank will periodically
Based on current conditions both internally and externally, and           restructure to prevent new NPLs and their impact on the
in order to achieve the targets that have been set, KB Bank has           Bank's capital.
identified the stages in achieving its targets, namely making             Still in order to strengthen asset quality, the bank continues
improvements and fundamental updates to the Bank, preparing               to improve the credit process to be more centralized and
a catch-up strategy by implementing market best practices and             systematic, one of which is implemented through LOAS (Loan
increasing bank competency through innovation.                            Origination Application System).
                                                                       4. Advanced IT and Digital
To support the targeted growth, there are 4 (four) pillars that            Strengthening digital positioning in the market is carried out
need to be achieved, namely:                                              through information and digital technology transformation
1. Boost Sales Performance                                                through SHINE and the launch of digital apps, namely KBStar.
    Synergy between business segments is essential to create              The Bank will focus on developing applications to form a
    a good business ecosystem for the Bank. By deepening the              digital ecosystem that aims to expand cooperation, maximize
    wholesale business to strengthen positioning in the market            sales and be able to meet customer needs. In addition, the
    and acting as an anchor that provides opportunities for MSME          Bank will rebrand through changes to the brand and logo
    & Retail businesses to enter. In addition, the Bank will improve      which aims to improve the bank's reputation and as an effort
    products, processes, and manpower and collaborate with                to strengthen customer trust.
    KBFG affiliates and subsidiaries so that the bank's business
    can grow sustainably.                                              Market Share
2. Innovation
    Innovation carried out by the bank must be in line with the        KB Bank continues to strive to improve its competitiveness against
    direction of the business strategy so that it can provide added    peer groups in facing competition in all aspects, especially in terms
    value for customers but also as an efficiency step for the         of competence. Changes in the dynamics of banking business in
    Bank so that the business process becomes more effective           the Banking Industry affect KB Bank's peer group, so the Bank
    and efficient. The innovation carried out also aims for cost       re-evaluates the peer group based on banking rankings in the
    efficiency by simplifying and centralizing, reducing manual        aspects; financial performance (common equity, Assets, DPK, KYD),
    processes, manpower and outlet optimization strategies.            distribution of the number of branch offices in each province,
3. Strengthening Asset Quality                                         similarity of bank business criteria, and based on the proximity
    To prevent a decline in credit quality, this is done through       of the market penetration matrix. This business competition can
    strengthening DPD management, the Bank also continues              be seen, among others, based on the number of Assets owned,
    to improve asset quality through Sukuk and ABS schemes in          the amount of Third Party Funds (DPK) that have been collected,
    selling AYDA and continues to optimize collection activities       the amount of Credit Given (KYD), the Bank's Net Income (Net
                                                                       Income) and the Bank's NPL ratio.




Annual Report 2024                                                 180                                           PT Bank KB Bukopin Tbk
Page 181
                               KB Bank Market Share in the Indonesian Banking Industry
                                                                                    (in trillion IDR, unless otherwise stated)

                                                               December 31        December 31             December 31
                         Description
                                                                  2024               2023                      2022
                     Banking Industry                                    12.461              11.766                     11.113
 Total Assets        KB Bank                                                 83                 84                         90
                     Market Share                                        0,67%               0,72%                     0,81%
                     Banking Industry                                    8.837               8.458                      8.154
 Total Third Party
                     KB Bank                                                 47                  45                        52
Fund (DPK)
                     Market Share                                        0,53%               0,53%                     0,64%
                     Banking Industry                                    7.943                7.187                     6.498
Total Loans (KYD)    KB Bank                                                 48                  49                        51
                     Market Share                                        0,60%               0,69%                     0,78%




Annual Report 2024                                     181                                       PT Bank KB Bukopin Tbk
Page 182
           Management Analysis and Discussion




DIVIDEND POLICY AND DISTRIBUTION


Basis of Dividend Distribution Policy
Referring to the provisions in the Bank's Articles of Association regarding the Use of Profit and Dividend Distribution, the dividend
policy implemented is adjusted to the Bank's capabilities and is determined through a decision at the General Meeting of Shareholders
(GMS). This policy is determined by considering financial conditions, financial health levels, and regulations related to capital and
laws and regulations applicable in the banking sector. Dividend distribution also depends on the performance and financial condition
of KB Bank.



Dividend Distribution and Payment in the Last 3 Years

                                        Dividend Distribution and Payment for the Last 3 Years
                                   Description                                2024                2023                  2022
 Fiscal year                                                                  2023                2022                  2021
 Announcement Date
 Payment Date
 Dividend Sharing Policy (%)
                                                                                                   NONE
 Cash Dividend Distributed (IDR)
 Dividend per share (IDR/share)
 Dividend Distribution Ratio (%)




Annual Report 2024                                              182                                         PT Bank KB Bukopin Tbk
Page 183
                                  INFORMATION ABOUT THE SHARE
                          OWNERSHIP PROGRAM BY EMPLOYEES AND/
                                    OR MANAGEMENT (ESOP/MSOP)
Based on the decision of the General Meeting of Shareholders          (HMETD) to existing shareholders. The granting of the first stage
held on April 20, 2005, as stated in deed No. 26 made by Notary       of stock options was carried out simultaneously with the initial
Lindasari Bachroem, S.H., shareholders approved the issuance          public offering (IPO). Until July 6, 2013, which was the deadline for
of stock options to be carried out in three stages. These stock       the execution, there were stock options that were not executed
options are given to directors and employees in certain positions     because they had passed their implementation period. Therefore,
who meet the established criteria. The number of shares issued        the reserve for expired stock options worth IDR 8,599 million has
in the stock option program from the first stage to the third stage   been recorded as additional paid-up capital.
is set at a maximum of 5% of the Bank's paid-up capital within
a period of three years, without providing Pre-emptive Rights




Annual Report 2024                                                183                                           PT Bank KB Bukopin Tbk
Page 184
          Management Analysis and Discussion




INFORMATION REGARDING THE REALIZATION
OF USE OF PUBLIC OFFERING PROCEEDS

 Public Offering Fund Realization Report

       Type of Limited Offering                Effective Date             Limited Offer Amounts                Limited Offer Fees

         Limited Public Offering VI          November 8, 2021                          7.042.857.796.800                   4.252.382.010

        Limited Public Offering VII              May 5, 2023                          11.999.999.969.200                   60.661.014.127



In 2021, the Bank carried out a corporate action in the form of a       Then in 2023, the Bank carried out a corporate action in the
Limited Public Offering VI (“PUT VI”) which obtained an Effective       form of Limited Public Offering VII (“PUT VII”) which obtained
Letter from the Financial Services Authority (OJK) on November          an Effective Letter from the Financial Services Authority (OJK)
8, 2021. From this corporate action, the Bank managed to raise          on May 5, 2023, from this corporate action the Bank managed to
funds of IDR 7,042,857,796,800, - before being reduced by the PUT VI    raise funds of IDR 11,999,999,969,200, - before being reduced by
emission costs of IDR 4,252,382,010, - so that the net funds received   the PUT VII issuance costs of Rp60,661,014,127, - so that the net
by the Bank were IDR 7,038,605,414,790, - which was used 16% for        funds received by the Bank were IDR 11,939,338,955,073, - which
investment in relation to development in the IT sector and 84%          were used for additional investment in Subsidiaries and used
for expansion of new good quality credit which will be focused          to expand new good quality credit, which will be focused on
on the retail segment and SME, Commercial, and Indonesia-Korea          the retail, SME, wholesale, and Indonesia-Korea business link
Business Link business links. As of December 31, 2024, the total        segments. As of December 31, 2024, the total remaining funds
remaining funds from PUT VI were still IDR 69,838,222,207.              from PUT VII were still IDR 18,000,000,000, -.




Annual Report 2024                                                  184                                         PT Bank KB Bukopin Tbk
Page 185
                     Working Capital of Bank Financing Business                            Remaining Proceeds From Limited
  Net Proceeds
                                      Activities
                                                                               Total                   Offering

 7.038.605.414.790                                7.038.605.414.790   7.038.605.414.790                        69.838.222.207

11.939.338.955.073                               11.939.338.955.073   11.939.338.955.073                      18.000.000.000




Annual Report 2024                                             185                                   PT Bank KB Bukopin Tbk
Page 186
          Management Analysis and Discussion




MATERIAL INFORMATION REGARDING INVESTMENT,
EXPANSION, DIVESTMENT, BUSINESS MERGER,
ACQUISITION, AND/OR DEBT/CAPITAL RESTRUCTURING

Material Information Regarding Investment

                                                                                                            Rate
                    Description                             Maturity Date
                                                                                                      December 31, 2024

 KB Finansia Multi Finance Bond II 2023 Series B                Juni 27, 2026                                AAA

 Sukuk Wakalah BI-Al Istitsmar Jk. Panjang
 Conducted Without Going Through Public Offering I        September28, 2037                                 BBB-
 PT Perusahaan Pengelola Aset 2022

 KIK EBA Bank Bukopin 2019                                September 4, 2026                                  AAA

 IDR-Linked Step-Up Fixed Rate Guaranteed Bond
                                                                June 21, 2027                                A+
 IDMB United Pte Ltd
 IDR-Linked Step-Up Fixed Rate Guaranteed Bond
                                                                June 212030                                  A+
 SMMK United Pte Ltd
 IDR-Linked Step-Up Fixed Rate Guaranteed Bond
                                                            March 28, 2029                                   A+
 TLDC United Pte Ltd

 Government Bond – Rupiah                                       April 15, 2040                            No Rating


 Indonesian Government Sukuk Ijarah Bonds                       April 15, 2043                            No Rating




Material Information                                                 Material Information
Regarding Expansion                                                  Regarding Acquisition
In 2024, the Bank did not undertake any material expansion,          In 2024, the Bank did not conduct any material acquisition, so
hence this information cannot be provided.                           this information cannot be submitted.

Material Information                                                 Material Investment Regarding
Regarding Divestment                                                 Debt/Capital Restructuring
In 2024, the Bank did not conduct any material divestment, so        In 2024, the Bank did not carry out any material debt/capital
this information cannot be submitted.                                restructuring, so this information cannot be provided.
                                                                     .
Material Information Regarding
Merger/Amalgamation
In 2024, the Bank did not conduct any material merger/
amalgamation, so this information cannot be submitted.




Annual Report 2024                                          186                                            PT Bank KB Bukopin Tbk
Page 187
                            INFORMATION ON MATERIAL TRANSACTIONS
                             CONTAINING CONFLICTS OF INTEREST AND/
                                  OR TRANSACTIONS WITH AFFILIATED
                                          PARTIES/RELATED PARTIES

Conflict of Interest Transactions and/                                           entity (or an associate or joint venture of a member of a
or Transactions with Affiliated Parties                                          group of which the other entity is a member);
                                                                            c.   The two entities are joint ventures of the same third party;
A Conflict of Interest occurs when there is a difference between            d.   An entity is a joint venture of a third entity and the other
the Company's economic interests and the personal economic                       entity is an associate of the third entity;
interests of members of the Board of Directors, members of the              e.   The entity is a post-employment benefit plan for employee
Board of Commissioners, or major shareholders, which has the                     benefits of either the reporting entity or an entity related
potential to harm the Company.                                                   to the reporting entity. If the reporting entity is the entity
                                                                                 that administers the plan, the sponsoring entity is also
Meanwhile, Affiliated Transactions refer to transactions conducted               related to the reporting entity;
by the Company or Subsidiaries with parties that have an affiliated         f.   An entity that is controlled or jointly controlled by a person
relationship, either with the Company itself or with members of                  identified in number i); or
the Board of Directors, members of the Board of Commissioners,              g.   The person identified in (i)(a) has significant influence
or major shareholders of the Company.                                            over the entity or is a member of the key management
                                                                                 personnel of the entity (or of a parent of the entity);
Related Party Transactions                                                  h.   The entity, or a member of a group of which the entity is a
The Bank and its subsidiaries conduct transactions with related                  member, provides key management personnel services to
parties. In this consolidated financial statement, the term related              the reporting entity or to a parent of the reporting entity.
party is in accordance with the Statement of Financial Accounting
Standards (PSAK) 224 concerning "Related Party Disclosures". A
related party is a person or entity that is related to the entity that   Name of Transacting Parties, Nature
prepares its financial statements (the reporting entity). Related        of Affiliate Relationship, Nature of
parties are as follows:                                                  Transaction, and Reason for Transaction
1. Person or close family member has a relationship with the
    reporting entity if the person:                                      This transaction is conducted based on terms agreed by both
    a. Has control or joint control over the reporting entity;           parties, where such terms may not be the same as transactions
    b. Has significant influence over the reporting entity; or           conducted with unrelated parties. Based on these provisions,
    c. Is a member of the key management personnel of the                the related parties and the nature of their relationship with the
         reporting entity or of a parent of the reporting entity.        Bank are described as follows:
2. An entity is related to the reporting entity if the entity:
    a. The entity and the reporting entity are members of the
         same group (meaning that the parent, subsidiary and
         subsequent subsidiary are related to the other entity);
    b. An entity is an associate or joint venture of the other




Annual Report 2024                                                   187                                            PT Bank KB Bukopin Tbk
Page 188
         Management Analysis and Discussion



                  Nature of Relationship                                                   Related Parties
Controlling Shareholders                                   KB Kookmin Bank Co., Ltd.
                                                           PT Haka Sarana Investama
                                                           Kopelindo Infrastruktur Indonesia
                                                           PT Bosowa Berlian Motor
                                                           PT Bosowa Amal Taksi
                                                           PT Mallomo
                                                           PT Bosowa Utama
Controlled/under the significant influence of one of the   PT Makassar Capital
Bank's main shareholders
                                                           PT Bosowa Tambang Indonesia
                                                           PT KB Finansial Multi Finance
                                                           PT Sunindo KB Finance

                                                           PT Kurnia Oryza Abadi



                                                           PT KB Valbury Sekuritas
Related party                                              -
                                                           Dinasti Batubara Indonesia
Same key management
                                                           PT Gerin Surya Gemilang
Bank pension fund                                          Pension Fund of Bank KB Bukopin
                                                           Board of Directors, Board of Commissioners, Sharia Supervisory Board, and
Management and key employees
                                                           Executive Officers


Realization of Related Party Transactions

                                      Realization of Related Party Transactions in 2024-2023
                                                                                                 (in millions IDR, unless otherwise stated)


                                            Description                                                 2024                  2023


Assets
Current Account in other Banks
KB Kookmin Bank                                                                                                10.585                  6.377
Loans and Sharia financing/receivables - gross
PT KB Finansia Multi Finance                                                                                 249.989               499.791
PT Haka Sarana Investama                                                                                           0                      0
PT Sunindo KB Finance                                                                                          59.850              119.988
PT Dalle Mineral Papua                                                                                             0                      0
Dinasti Batubara Indonesia                                                                                         0                      0
PT Bosowa Amal Taksi                                                                                               0                      0
PT Bosowa Utama                                                                                                    0                      0
PT Mallomo                                                                                                         0                      0
PT Bosowa Berlian Motor                                                                                            0                      0
Kopelindo Infrastruktur Indonesia                                                                                  0                      0

PT Makassar Capital                                                                                                0                      0

PT Kurnia Oryza Abadi                                                                                              0                      0
PT Gerin Surya Gemilang                                                                                            0                      0


Annual Report 2024                                             188                                              PT Bank KB Bukopin Tbk
Page 189
                                         Realization of Related Party Transactions in 2024-2023
                                                                                                (in millions IDR, unless otherwise stated)


                                              Description                                              2024                  2023


 PT Bosowa Tambang Indonesia                                                                                      0                     0
 PT Merpati Wahana Taksi                                                                                          0                     0
 PT Karya Ratu Mulia                                                                                              0                     0
 PT Legalino Lines                                                                                                0                     0
 PT Oto Rental Nusantara                                                                                          0                     0
 PT Anisbi Nunggal Bhakti                                                                                         0                     0
 PT Bantimurung Indah                                                                                             0                     0
 Board of Directors, Board of Commissioners, Sharia Supervisory Board, and Executive Officers                 30.144                21.226
 Total Assets for the related parties                                                                       350.568               647.023
 Percentage of Total Asset                                                                                    0,42%                 0,77%
 Liabilities
 Savings from Other Banks                                                                                 2.710.649              7.699.413
 Borrowings                                                                                                6.557.175            6.544.886
 Timed Deposits                                                                                               42.412                40.311
 Current Account                                                                                               3.203                9.094
 Savings                                                                                                      45.260                18.491
 Issued Securities                                                                                                0                     0
 Post-employment benefits                                                                                         0                     0
 KB Bukopin Bank Pension Fund                                                                                     0                 61.700
 Board of Directors, Board of Commissioners, Sharia Supervisory Board, and Executive Officers                 28.211                    0
 Total Liabilities for related parties                                                                    9.386.910            14.373.895
 Percentage of total liabilities                                                                              12,50%              20,48%
 Interest and Sharia income from related parties                                                              24.469                22.592
 Percentage against interest and Sharia                                                                       0,45%                 0,46%
 Other operating income
 Other income and commissions from related parties                                                                0                     0
 Percentage of other operating income                                                                         0,00%                 0,00%
 Interest and Sharia expenses from related parties                                                              664                   899
 Percentage of interest and Sharia expenses                                                                   0,02%                 0,02%
 Other operational expenses

 Salaries and benefits of employees, management and executive officers                                        58.740                67.460

 Percentage of other operations                                                                               2,90%                 2,96%



Explanation Regarding Transaction Fairness
KB Bank conducts transactions with related parties substantially with normal requirements as those conducted with unrelated parties
and is treated as a transaction in accordance with the standards of Financial Accounting Standards Statement (PSAK) 224 concerning
Disclosure of Related Parties.

KB Bank conducts transactions with related parties based on market prices. Transactions between the Company and SOEs are treated
as transactions with related parties in accordance with Financial Accounting Standards Statement (PSAK) 224 concerning Disclosure
of Related Parties.


Annual Report 2024                                                   189                                        PT Bank KB Bukopin Tbk
Page 190
          Management Analysis and Discussion




Statement of the Board of                                              Compliance with Related
Directors Regarding the Principle                                      Regulations and Provisions
of Fair Transactions
                                                                       Compliance with related regulations and provisions, namely
The Board of Directors is committed to upholding the arm's length      Financial Accounting Standards (SAK) in Indonesia is carried out
principle (ALP) which is a principle that regulates that if the        through efforts to disclose the Financial Accounting Standards
conditions in a transaction conducted between parties that have a      Statement (PSAK) 224 concerning Disclosure of Related Parties
Special Relationship are the same or comparable to the conditions      in the Company's 2024 Financial Statements which have been
in a transaction conducted between parties that do not have a          audited by the Public Accounting Firm (KAP) Mirawati Sensi Idris
Special Relationship as a comparison, then the price or profit in      (Moore Global). All transactions carried out with related parties,
the transaction conducted between parties that have a Special          whether carried out with conditions and requirements with third
Relationship must be the same as or within the range of the price      parties or not, are disclosed in the financial statements.
or profit in the transaction conducted between parties that do not
have a Special Relationship as a comparison. In principle, based
on the norm that the price or profit on transactions carried out
with affiliated parties is determined by market forces, so that the
transaction can reflect a fair market price (Fair Market Value/FMV).

The Role of the Board of Commissioners
and the Audit Committee in Fulfilling
the Principle of Fair Transactions
The Board of Commissioners together with the Audit Committee
are committed to upholding the arm's length principle (ALP). The
KB Bank review mechanism for transactions with Related Parties
is carried out through an audit process, especially an audit that
has been carried out by a public accountant and published,
where this mechanism is stated in the Financial Accounting
Standards Statement (PSAK) 224 concerning Disclosure of Related
Parties. In principle, based on the norm that the price or profit
on transactions carried out with affiliated parties is determined
by market forces, so that the transaction can reflect a fair market
price (Fair Market Value/FMV).

Throughout 2024, the Bank did not violate any laws and regulations
related to transactions with related parties and there were no
transactions containing a conflict of interest.




Annual Report 2024                                                 190                                          PT Bank KB Bukopin Tbk
Page 191
                                       CHANGES IN LEGISLATION THAT HAVE A
                                       SIGNIFICANT IMPACT ON THE COMPANY

KB Bank is committed to complying with all applicable laws and regulations. Therefore, KB Bank always concerns any changes in
laws and regulations that can be implemented in its business activities. The following are changes in laws and regulations that will
impact the company in 2024:
                                                  Table of Changes to Legislation
  No           Legislation                         Change Points                     Impact to the Bank           Mitigation Efforts
        POJK Number 4 of 2024
        concerning Reports        1.   Addition of obligation to submit report on
                                                                                    It has a quantitative   1.   Conducting socialization
        on Ownership or Any            activities of pledging shares to OJK.
                                                                                    impact on                    to stakeholders.
        Changes in Ownership      2.   Change in percentage of obligation to
                                                                                    shareholders and        2.   Adjusting Internal Policy
   1    of Shares of Public            submit report on changes in ownership of
                                                                                    does not have a              on reporting share
        Companies and Reports          voting rights over shares.
                                                                                    significant impact on        ownership.
        on Activities of Pledge   3.   Change in time of Submission of share
                                                                                    the Company.
        of Shares of Public            ownership report.
        Companies
        POJK Number 5 of                                                                                    1.   Forming TFT in designing
        2024 concerning                                                             It has a qualitative         the Recovery Action Plan.
        Determination of          1.   Non-Systemic Commercial Banks are            and quantitative        2.   Policy Making
   2
        Supervision Status and         required to submit a Recovery Action Plan    impact on the           3.   Submission of the
        Handling of Commercial                                                      Company.                     Recovery Action Plan to
        Bank Problems                                                                                            OJK and LPS on time
                                                                                                            1.   Conduct socialization to
                                                                                                                 related work units.
        PLPS Number 1 of 2024
                                  1.   The obligation to pay PRP (Banking           Has a quantitative      2.   Make PRP (Banking
        concerning Banking
   3                                   Restructuring Program) premiums is paid 2    impact on the                Restructuring Program)
        Restructuring Program
                                       (two) times a year.                          company.                     Premium Payments
        Premiums
                                                                                                                 according to the
                                                                                                                 provisions.
        PADG Number 4 of
        2024 concerning                                                                                     1.   Conduct socialization to
                                                                                    It has a qualitative
        Amendments to Member      1.   The addition of 5certain sectors provided                                 related work units.
                                                                                    and quantitative
   4    Regulations concerning         by KLM from Bank Indonesia to the Bank.                              2.   Implement KLM
                                                                                    impact on the
        the Implementation        2.   KLM percentage change in certain sectors.                                 incentives in GWM
                                                                                    Company.
        of Macroprudential                                                                                       calculations
        Incentive Policies
        PLPS Number 2 of 2024                                                       It has a qualitative    1.   Forming TFT in designing
                                  1.   Mewajibkan Bank non sistemik untuk
        concerning Resolution                                                       and quantitative             Resolution Plan.
   5                                   menyusun dan menyampaikan Rencana
        Plans for Commercial                                                        impact on the           2.   Submission of Resolution
                                       Resolusi kepada LPS.
        Banks                                                                       Company.                     Plan to LPS on time




Annual Report 2024                                                191                                            PT Bank KB Bukopin Tbk
Page 192
        Management Analysis and Discussion




                                                    Table of Changes to Legislation
  No         Legislation                             Change Points                        Impact to the Bank          Mitigation Efforts
                                                                                                                1.   Conducting socialization
                                   Requires companies to:
                                                                                                                     regarding this
                                   1. Have a financial reporting process
                                                                                                                     regulation.
                                      work unit with integrity to ensure the
                                                                                                                2.   Readjusting the Bank's
       POJK Number 15 of 2024         truth, accuracy, and transparency 7of              It has a qualitative
                                                                                                                     internal provisions
       concerning the Integrity       the Financial Information and Financial            and quantitative
  6                                                                                                                  regarding internal
       of Bank Financial              Reports produced.                                  impact on the
                                                                                                                     control over financial
       Reporting                   2. Establish a special work unit responsible          Company.
                                                                                                                     reporting.
                                      for preventing fraud or manipulation in
                                                                                                                3.   Creation of ICOFR
                                      financial information and/or bank financial
                                                                                                                     functional units
                                      reports.
                                                                                                                4.   Make timely reports


       POJK Number 19 of 2024
       concerning Amendments
       to Financial Services
                                                                                                                1.   Conduct socialization to
       Authority Regulation                                                              It has a qualitative
                                                                                                                     related work units.
       Number 42/                                                                        and quantitative
  7                                Determine the assets included in HQLA                                        2.   Adjust the LCR
       POJK.03/2015 concerning                                                           impact on the
                                                                                                                     calculation according to
       the Obligation to Fulfill                                                         Company.
                                                                                                                     the latest provisions.
       the Liquidity Coverage
       Ratio for Commercial
       Banks




       POJK Number 20 of 2024
       concerning Amendments
       to Financial Services
                                                                                                                1.   Conduct socialization to
       Authority Regulation        All banks are required to monitor NSFR                It has a qualitative
                                                                                                                     related work units.
       Number 50/                  compliance, submit NSFR calculation reports,          and quantitative
  8                                                                                                             2.   Adjust the NFSR
       POJK.03/2017 concerning     and publish NSFR reports, both individually           impact on the
                                                                                                                     calculation according to
       the Obligation to Fulfill   and consolidated.                                     Company.
                                                                                                                     the latest provisions.
       the Net Stable Funding
       Ratio for Commercial
       Banks




                                   1.   Banks can invest capital in other companies
                                        that support the banking industry.
                                   2.   Commercial Banks can accept transfer of
                                        receivables.                                                            1.   Conducting socialization
                                   3.   Banks are required to adjust their policies                                  and appointing the
       POJK Number 26 of 2024           and procedures regarding carrying out and/                                   Department in Charge
                                                                                         Has a quantitative
       concerning Expansion             or receiving the transfer of receivables.                                    who will carry out the
  9                                                                                      impact on the
       of Banking Business         4.   Banks are required to have policies and                                      obligations of this POJK.
                                                                                         Company.
       Activities                       procedures related to risk management of                                2.   Making adjustments to
                                        guarantee/security services.                                                 several internal policies
                                   5.   The obligation to have policies and
                                        procedures for the use of Electronic
                                        Signatures in the event that the Bank utilizes
                                        the use of electronic signatures.




Annual Report 2024                                                  192                                              PT Bank KB Bukopin Tbk
Page 193
                                                 Table of Changes to Legislation
  No         Legislation                          Change Points                      Impact to the Bank          Mitigation Efforts
                                 1.   This POJK regulates the “Perpetrator”
                                      Information System which contains the                                1.   Conduct socialization
                                      perpetrator's Track Record (as regulated in                               and determine the
       POJK Number 28 of 2024         this POJK), which can be accessed / used                                  Department in Charge
       concerning Management          by LJK and parties engaged in the financial                               that will carry out the
       of Information on the          services sector.                                                          obligations of this POJK.
                                                                                    Has a quantitative
       Track Records of Actors   2.   The “Perpetrator” system is not mandatory                            2.   Internal Policy Making
  10                                                                                impact on the
       Through the Actors             for the Bank, but if the Bank will use this                          3.   Submit User Access to
                                                                                    Company.
       Information System in          system, the Bank is required to appoint its                               OJK
       the Financial Services         employees/officials as “Applicants” and                              4.   Manage SIPELAKU
       Sector                         “Verifiers” who will represent the Bank                                   data according to the
                                      in accessing the system and the Bank is                                   provisions.
                                      required to have and implement a policy
                                      Procedure related to SIPELAKU.


                                                                                                           1.   Coordinate with PSP
                                 PSP and/or PSPT that meet the criteria for                                     and PSPT regarding the
       POJK Number 30 of 2024    financial conglomerates as regulated in this                                   formation of PIKK.
                                                                                    It has a qualitative
       concerning Financial      POJK, are required to form a PIKK (Financial                              2.   The formation of PIK is
                                                                                    and quantitative
  11   Conglomerates and         Conglomerate Holding Company), and are                                         a maximum of 6 (six)
                                                                                    impact on the
       Financial Conglomerate    required to submit to the OJK no later than 6                                  months from the time
                                                                                    Company.
       Holding Companies         (six) months after meeting the conditions as a                                 this Financial Services
                                 financial conglomerate.                                                        Authority Regulation
                                                                                                                comes into effect.




Annual Report 2024                                              193                                             PT Bank KB Bukopin Tbk
Page 194
         Management Analysis and Discussion




CHANGES IN ACCOUNTING POLICIES AND
THEIR IMPACT ON THE COMPANY

As a form of commitment to compliance with laws and regulations, KB Bank continuously monitors any changes in regulations to be
implemented in its business activities. Throughout 2024, there were changes in accounting policies and disclosures.

The following are revisions, amendments and adjustments to Financial Accounting Standards (SAK) that are effective for the financial
year beginning on or after January 1, 2024, namely:
• The Indonesian Financial Reporting Standards Framework ("KSPKI") and changes in PSAK and ISAK numbers in the Indonesian
   Financial Accounting Standards (formerly Financial Accounting Standards), effective January 1, 2024. KSPKI regulates the pillars
   of SAK applicable in Indonesia, criteria, and transfers between SAK pillars, while changes in numbers regulate the provisions for
   numbering PSAK and ISAK that refer to IFRS Accounting Standards, local accounting standards, and sharia accounting standards;
• Amendments to PSAK 201: "Presentation of Financial Statements" related to the classification of liabilities as short-term or long-term;
• Amendment to PSAK 116: “Lease” related to lease liabilities in sale and leaseback transactions;
• Amendment to PSAK 207 and PSAK 107 related to “Supplier Financing Arrangements”; and
• Amendment to PSAK 409: “Accounting for Zakat, Infak, and Sedekah” and PSAK 401: “Presentation of Sharia Financial Statements”.

The implementation of these standards does not have a significant impact on the amounts reported in the current period or the
previous year.




Annual Report 2024                                               194                                           PT Bank KB Bukopin Tbk
Page 195
                                                COMMITMENTS AND CONTINGENCIES


The following table presents the commitment and contingency projections for 2024-2026.


                                       Projected Commitments and Contingencies 2024-2026
                                                                                                   (in millions of Rupiah, unless otherwise stated)
                       Realization                                                    Projection
      Basic
    Financial             Sep            Dec               Mar          June              Sep              Dec                   Dec           Dec
      Posts               2023           2023              2024         2024              2024            2024               2025              2026
 Commitment
 Receivables
 Outstanding
 spot and
 derivatives                419.133        595.901         1.999.330     2.006.779        2.014.228         625.696               656.981      689.830
 purchase
 positions
 Commitment
 liabilities
 Letter of Credit           226.552         88.205            21.810         22.913          24.015           92.615               97.246      102.108
 Withdrawal
 Allowance on             5.240.160      4.822.935         4.128.899     4.189.185        4.249.472        5.068.546             5.321.750    5.587.614
 Debtors
 Spot and
 derivative sales         2.304.362        971.552         4.667.268     4.679.412        4.691.557        1.020.129             1.071.136    1.124.692
 positions
 Contingent
 Liabilities
 Bank guarantee             831.843        751.120           684.119      693.508           702.897          788.676              828.110      869.515
 Contingent
 Receivables
 Outstanding
                          4.453.830      4.038.667         4.707.702    4.556.252         4.404.802        3.432.867         3.226.895       2.904.205
 Interest Income


                                                             Based on the Parties
                                                                                                      (in millions Rupiah, unless otherwise stated)

                                             Description                                               December 31, 2024           December 31, 2023
 Commitment
 Commitment Receivables
 Outstanding spot and derivative purchases                                                                             808.182                  595.903

 Commitment Liabilities

 Unused loans and Sharia financing/receivable facilities
     Related parties                                                                                                         -                         -
     Third party                                                                                                 (4.282.285)                 (4.822.935)




Annual Report 2024                                                     195                                                PT Bank KB Bukopin Tbk
Page 196
         Management Analysis and Discussion




                                                        Based on the Parties
                                                                               (in millions Rupiah, unless otherwise stated)

                                          Description                           December 31, 2024       December 31, 2023
Outstanding SKBDN                                                                                   -                      -
Outstanding irrevocable L/C
    Related parties                                                                                 -                      -
    Third party                                                                             (90.095)               (88.205)
Outstanding spot and derivative purchased                                                 (1.621.857)              (971.552)

Total Commitment Liabilities                                                             (5.994.237)      (5.882.692)
Total Commitments - net                                                                  (5.186.055)      (5.286.789)
Contingency
Contingent Receivables

Interest Income on non-performing loans                                                     5.123.131             4.038.667

Contingent Liabilities
Bank guarantee
    Related parties                                                                                 -                      -
    Third party                                                                             (582.778)            (1.337.709)
    Others                                                                                          -                      -

Total Contingent Liabilities                                                               (582.778)      (1.337.709)

Total Contingent - Net                                                                    4.540.353        2.700.958
Total Commitment and Contingency Liabilities - Net                                         (645.702)      (2.585.831)




Annual Report 2024                                             196                               PT Bank KB Bukopin Tbk
Page 197
                                               DERIVATIVES AND HEDGING FACILITIES


As of December 31, 2023 and 2024, there were derivative receivables and liabilities with transaction details as follows:


                                        Derivative Transactions on Foreign Currency Swaps

                                                                                                         (in millions IDR, unless otherwise stated)


                                                December 31, 2024                                         December 31, 2023
             Parties
                                Contract        Fair       Derivatice     Derivatice      Contract                     Derivatice     Derivatic
                                                                                                         Fair Value
                                 Value         Value        Charge       Receivables       Value                        Charge       Receivables

 Third Parties
 Foreign currency swap transactions:
 US Dollar                       2.414.892      12.054         (3.641)          2.389        1.543.614        2.389          3.040           (808)

 Japanese Yen                              -           -             -              -                -            -              -                -

 Total                           2.414.892     12.054          (3.641)          2.389        1.543.614        2.389          3.040           (808)




                                                                                 COMPANY HEALTH LEVEL

The measurement of the company's health level carried out                    From the results of the quarterly risk profile self-assessment
by PT Bank KB Bukopin Tbk is guided by the Financial Services                submitted to the Financial Services Authority, for the position of
Authority Circular Letter No. 14/SEOJK.03/2017 dated March 17, 2017          December 2024, the Bank's overall risk is at the risk level of PK-2.
concerning the Assessment of the Health Level of Commercial
Banks using a risk approach (Risk-based bank rating) which
includes four factors, namely:
1. Risk Profile;
2. Good Corporate Governance (GCG);
3. Earnings;
4. Capital.




Annual Report 2024                                                       197                                            PT Bank KB Bukopin Tbk
Page 198
         Management Analysis and Discussion




BUSINESS CONTINUITY INFORMATION


Matters That Potentially Have
a Significant Impact on the                                          Assumptions Used by Management
Bank's Business Continuity                                           in Conducting Assessments
in the Last Fiscal Year
                                                                     Several factors considered by management in conducting
KB Bank's management has assessed the Bank's ability to              assessments of business continuity include financial performance,
continue its business continuity and believes that the Bank has      liquidity, solvency, internal problems, and legal cases. Regarding
the resources to continue its business in the future. In addition,   the geopolitical impact of the Russia-Ukraine war, the heating up
the Bank's management does not see any material uncertainties        situation in the Middle East, and the trade war between major
that could raise significant doubts about the Bank's ability to      countries, management will continue to monitor this and address
continue its business.                                               the risks and uncertainties related to this in the future. This
                                                                     includes the following aspects:
Management's Assessment of Matters                                   • Financial aspects
That Potentially Have a Significant                                      - Comparing the 2024 realization balances with the audited
Impact on Business Continuity                                                Financial Statements.
                                                                         - Recalculating the percentage of fluctuations reported by
KB Bank's management has assessed the Bank's ability to                      Management between the 2024 actual balances with the
continue its business continuity and believes that the Bank has              2024 budget/RKAP targets and the 2023 actual balances.
the resources to continue its business in the future. In addition,   • The Company's business development
the Bank's management does not see any material uncertainties            - Comparing the 2023 and 2024 financial information with
that could raise significant doubts about the Bank's ability to              the audited Financial Statements.
continue its business.                                                   - Recalculating and comparing the 2023 and 2024 financial
                                                                             ratio information.




Annual Report 2024                                               198                                          PT Bank KB Bukopin Tbk
Page 199
                                                                                                      TAX ASPECTS


Tax Payment Publication
Compliance in tax payments and the implementation of good corporate governance play a crucial role in the bank's contribution to the
country. By ensuring compliance with tax regulations and transparency in management, banks can ensure that their contributions are
not limited to certain products, but are spread more evenly. This has the potential to increase more stable and sustainable fee-based
income for banks, while also supporting infrastructure development and the provision of public services funded by the government.
Thus, in addition to fulfilling corporate social responsibility, banks also play a role in encouraging sustainable economic growth.

Tax Payments
The total tax payments by banks for the period january to december 2023 and 2024 are as follows:


                                                      Tax Payment Fulfillment
                                                                                                    (in full IDR, unless otherwise stated)
                                                                                                 Increase (Decrease)
            Description                    2024                  2023
                                                                                         Nominal                   Percentage(%)

 Corporate Income Tax                                   -                     -                            -                             -

 Individual Income Tax                     77.115.524.312        64.930.679.520              12.184.844.792                       18,77%
 VAT                                      16.851.268.534         18.404.235.074             (1.552.966.540)                       -8,44%
 Other Taxes
 Income Tax Article 23                    11.669.450.943         15.584.706.000              (3.915.255.057)                      -25,12%
 Income Tax Article 26                  100.380.021.542         124.005.791.747            (23.625.770.205)                      -19,05%

 Income Tax Article 4 paragraph 2        379.076.094.747       404.045.662.323             (24.969.567.576)                       -6,18%

 Others (Revaluation)                     1.748.852.000           1.031.740.000                 717.112.000                       69,51%

 Total Tax Payment                      586.841.212.078      628.002.814.664              (41.161.602.586)                       -6,55%




Annual Report 2024                                             199                                             PT Bank KB Bukopin Tbk
Page 200
         Management Analysis and Discussion




THE IMPACT OF INTEREST RATE CHANGES
ON BANK PERFORMANCE

KB Bank achieved solid growth in credit distribution and Third Party Funds collection by continuing to maintain sustainable profitability
and expansion of good and healthy quality credit amidst high interest rates. Credit and Third Party Funds growth was influenced by
several factors, including the increase in Bank Indonesia's benchmark interest rate reaching 6.25% in the first semester of 2024, and
was only reduced by 25 basis points in September 2024, it is expected that the decline in the interest rate trend in 2024 can increase
financing expansion in 2025 and improve the funding structure through the strategy of launching several funding programs, especially
those that increase the composition of CASA.




PROHIBITIONS, LIMITATIONS AND/OR SIGNIFICANT
OBSTACLES TO TRANSFERRING FUNDS BETWEEN
BANKS AND OTHER ENTITIES IN A BUSINESS GROUP


In carrying out its business activities, KB Bank has established a
clear policy related to the limitations in making fund transfers,     2. KB Bank refers to the LLL regulations related to transactions
which are described as follows:                                          for inter-Bank placement from KB Bank to Other Banks and
1. KB Bank has no limitations in its operational procedures              Entities in one business group.
    related to customer fund transfers, both incoming and
    outgoing transfers between banks and other entities in one
    business group. The number and value of transactions refer
    to the provisions of the regulator regarding the Maximum
    Credit Grant Limit (BMPK).




Annual Report 2024                                               200                                           PT Bank KB Bukopin Tbk
Page 201
                                                      PERFORMANCE OF SUBSIDIARIES




In its business structure, KB Bank has two Subsidiaries whose performance is consolidated, namely PT Bank KB Bukopin Syariah and
PT KB Bukopin Finance. Explanations regarding the Subsidiaries are presented in the Profile section of this Annual Report.



PT Bank KB Bukopin Syariah
                               Financial Performance of PT Bank KB Bukopin Syariah
                                                                                       (In billions of rupiah, unless otherwise stated)
                                                                                                Increase (Decrease)
               Description                     2024                   2023
                                                                                        Nominal                  Percentage(%)
 Asset                                                8.644,9                7.920,5               724,4                         9,15%
 Liabilities                                          7.864,5                7.151,7               712,9                         9,97%
 Equity                                                780,4                  768,8                 11,6                         1,50%
 Net profit                                              11,2                (527,1)               538,3                       102,13%



PT KB Bukopin Finance
                                     Financial Performance of PT KB Bukopin Finance
                                                                                       (In billions of rupiah, unless otherwise stated)
                                                                                                Increase (Decrease)
               Description                     2024                   2023
                                                                                       Nominal                  Percentage(%)
 Asset                                                 667,7                  459,7                208,1                       45,27%
 Liabilities                                           208,9                   10,3                198,7                     1933,03%
 Equity                                                458,8                  449,4                  9,4                        -2,10%
 Net profit                                              9,5                  (18,6)                28,0                      151,04%




Annual Report 2024                                              201                                        PT Bank KB Bukopin Tbk
Page 202
        Risk Management




Annual Report 2024        202   PT Bank KB Bukopin Tbk
Page 203
                     Risk
                     Management

Annual Report 2024     203        PT Bank KB Bukopin Tbk
Page 204
           Risk Management




PUBLICATION RISK EXPOSURE AND
CAPITALIZATION REPORT
General
Consolidated Key Metrics Report
PT. Bank KB Bukopin, Tbk
Report Date : December 31, 2024


                                                                                                                                 (In million IDR)


                                                            a                b                 c                d                 e

  No.                  Description                     T                     T-1             T-2               T-3                T-4
                                                  (December 31,          (September        June 30,         (March 31,       (December 31,
                                                     2024)                30, 2024)         2024)             2024)              2023)

           Available Capital (value)                                                      Consolidation

      1    Common Equity Tier (CET1)                      5.401.051,57     6.308.592,30      5.946.164,00     8.187.244,00       9.813.056,00
      2    Equity Tier (Tier 1)                           5.401.051,57     6.308.592,30      5.946.164,00     8.187.244,00       9.813.056,00
      3    Total Capital                                  9.500.298,20    10.444.309,96     10.125.508,00   12.480.600,00       14.205.129,00
           Risk Weighted Assets (Value)

      4    Total Risk Weighted Assets (RWA)           47.444.648,23       47.690.734,68     48.813.197,00   50.498.605,00       50.831.470,00

           Risk Based Capital Ration in the form of percentage of RWA

      5    CET 1 Ratio (%)                                      11,38%           13,23%            12,18%           16,21%              19,31%

      6    TIER 1 Ratio (%)                                     11,38%           13,23%            12,18%           16,21%              19,31%

      7    Total Capital Ratio (%)                              20,02%           21,90%            20,74%           24,71%             27,95%

           Additional CET1 functioning as a buffer in the form of a percentage of ATMR
           Capital conservation buffer (2.5%
      8                                                         2,50%            2,50%             2,50%            2,50%               2,50%
           from ATMR) (%)
           Countercyclical Buffer (0 - 2.5%
      9                                                         0,00%            0,00%             0,00%            0,00%               0,00%
           from ATMR) (%)
           Capital Surcharge for Systemiq
  10                                                            0,00%            0,00%             0,00%            0,00%               0,00%
           Bank (1% - 2.5%) (%)
           Total CET1 as buffer (Line 8 + Line
      11                                                        2,50%            2,50%             2,50%            2,50%               2,50%
           9 + Line 10)

      12   CET1 Component for buffer                            5,38%             7,23%             6,18%           10,21%              13,31%

           Leverage Ration in accordance with Basel III
 13        Total Exposure                             81.790.804,80       80.936.715,00     80.469.176,00    80.721.305,54      82.244.071,64
           Leverage Ratio Value, excluding
           the impact of the adjustment
           towards temporary exemptions on
      14                                                        6,60%             7,79%            7,39%            10,37%             12,20%
           current account placements in Bank
           Indonesia in order to meet Statutory
           Reserve provisions (if any)
           "Leverage Ratio Value, including
           impact from the adjustment
           towards temporary exemptions on
           current account placements in Bank
           Indonesia in order to meet Statutory
  14b                                                           6,60%             7,79%            7,39%            10,37%             12,20%
           Reserve provisions (if any), which
           has inputed the average value of
           the listed value of the Securities
           Financing Transaction (SFT) assets
           on a gross bas"

Annual Report 2024                                                       204                                          PT Bank KB Bukopin Tbk
Page 205
                                                                                                                                              (In million IDR)


                                                                    a                    b                c                 d                  e

  No.                      Description                              T                  T-1               T-2               T-3                 T-4
                                                               (December 31,       (September          June 30,         (March 31,        (December 31,
                                                                  2024)             30, 2024)           2024)             2024)               2023)

            "Leverage Ratio Value, excluding
            the impact of the adjustment
            towards temporary exemptions
            in current account placements in
            Bank Indonesia in order to meet
  14c       Statutory Reserve provisions                                 6,60%                7,79%             7,39%           10,37%              12,20%
            (if any), which has inputed the
            average value of the listed value of
            the Securities Financing
            Transaction (SFT) assets on a gross
            basis"




  14d       Liquidity Coverage Ratio (LCR)                               6,60%                7,79%             7,39%           10,37%              12,20%




            Total High Quality Liquid Assets (HQLA)

  15        Total Net Cash Outflow                                  15.402.876           17.295.674      16.845.797        14.825.530           15.043.596

  16        LCR (%)                                                  10.729.751          10.827.349      10.795.991        13.268.319           12.236.932

   17       Net Stable Funding Ratio (NSFR)                             143,55%              159,74%          156,04%           111,74%            122,94%

            Total Available Stable Funding (ASF)
            Total Required Stable Funding
  18                                                                 77.233.312          75.491.085      76.839.952        73.833.785           74.367.444
            (RSF)

  19        NSFR (%)                                                 76.321.023          73.938.692       74.826.119       73.820.372           71.426.243

  20        NSFR (%)                                                    101,20%              102,10%       102,69%           100,02%               104,12%

                                                                             Qualitative Analysis

 As of December 2024, the Bank’s ratios, both consolidated and individual, including the total capital ratio, leverage ratio, LCR and
                                             NSFR have met regulatory requirements.

*T is a quarterly period, T-1 is 1 previous quarterly period




Annual Report 2024                                                                 205                                            PT Bank KB Bukopin Tbk
Page 206
             Risk Management



Difference between Consolidation Coverage under
Accounting Standards and Prudential Provisions
Table of Differences between Consolidation Coverage according to Accounting Standards with Prudential Provisions as of December 31, 2024
                                                                                                                                      (In million IDR)


                                                                                   December 2024

                                          a/b                     c                d                e              f                  g

                                                                                       The carrying amount of each risk
                                  Carrying amount
                                    as stated in                                    In
                                                                 In                                 In            In
                                   the published                               accordance                                    Not refer to capital
                                                            accordance                          accordance accordance
                                      financial                                    with                                       requirements or
                                                                with                               with          with
                                   statements (in                             counterparty                                    based on capital
                                                             credit risk                       securitization market risk
                                      millions)                                 credit risk                                       reduction
                                                             framewor                           framework     framework
                                                                               framework
                                  consolidation
                                  balance sheet
 Assets
 Cash                                       369.082,94         369.082,94

 Placement with Bank Indonesia            5.360.305,76       5.360.305,76

 Placement with Other Banks                  507.612,16         507.612,16
 Spot and derivatives
                                             12.054,00                    -        12.054,00
 receivables
 Securities                               21.767.111,38      21.422.354,69                         119.600,00   225.156,69
 Securities sold under
                                                    0,00
 repurchase agreements (repo)

 Receivables from securities
 purchased under re-sell                           -0,00              -0,00
 agreement (reverse repo)

 Acceptances receivables                     84.278,57          84.278,57
 Loans                                   41.522.947,05       41.522.947,05
 Sharia financing                         6.004.539,21       6.004.539,21
 Equity capital                                     14,77             14,77

 Other financial assets                     803.139,42         803.139,42

 Allowance for impairment in of
                                                        -                 -
 financial assets

 a. Marketable securities -                       -279,94                 -

 b. Loans and Sharia financing            -2.992.196,91       -384.228,48

 c. Others                                              -                 -
 Intangible assets                          636.119,22          636.119,22
 Accumulated amortization of
                                           -365.312,34        -365.312,34
 intangible assets
 Fixed assets and inventories             4.776.998,23        4.776.998,23
 Accumulated depreciation of
                                          -1.456.694,23      -1.456.694,23
 fixed assets and inventories

 Non-productive assest                                  -

 a. Abandoned properties                     21.679,64           21.679,64

 b. Foreclosed collaterals                 1.799.894,77       1.799.894,77

 c. Suspended accounts                                  -                 -



Annual Report 2024                                                      206                                            PT Bank KB Bukopin Tbk
Page 207
                                                                                                                                    (In million IDR)


                                                                                December 2024

                                         a/b                   c                d                 e              f                  g

                                                                                    The carrying amount of each risk
                                   Carrying amount
                                     as stated in                                In
                                                               In                                 In            In
                                    the published                           accordance                                     Not refer to capital
                                                          accordance                          accordance accordance
                                       financial                                with                                        requirements or
                                                              with                               with          with
                                    statements (in                         counterparty                                     based on capital
                                                           credit risk                       securitization market risk
                                       millions)                             credit risk                                        reduction
                                                           framewor                           framework     framework
                                                                            framework

 d. Inter-branch assets                               -                -

 Other assets                            4.224.003,53       3.073.197,77
 Total assets                           83.075.297,22      84.175.929,14        12.054,00        119.600,00   225.156,69                          -

 Liabilities

 Current account                         6.289.248,04                                                                              6.289.248,04

 Saving account                          6.915.502,07                                                                               6.915.502,07

 Time deposits                          33.388.408,24                                                                             33.388.408,24

 Electronic money                                     -                                                                                           -

 Liabilities to Bank Indonesia -                      -                                                                                           -

 Interbank liabilities                   2.881.185,56                                                                               2.881.185,56

 Spot and derivative liabilities               3.641,40                                                                                  3.641,40

 Liabilities on securities sold
 under repurchase agreement              3.739.877,93                                                                               3.739.877,93
 (repo)

 Acceptances liabilities                    84.278,57                                                                                   84.278,57

 Issued securities                       5.790.158,36                                                                               5.790.158,36

 Borrowings                             13.920.643,95                                                                              13.920.643,95

 Security deposits                          20.965,38                                                                                   20.965,38

 Inter-branch liabilities                             -                                                                                           -

 Other liabilities                       2.079.601,61                                                                               2.079.601,61

 Minority interest -                                  -                                                                                           -

 Total liabilities                        75.113.511,11                -                 -                -            -             75.113.511,11

 Paid-up capital

 a. Authorized capital                  18.999.999,97

 b. Unpaid capital -/-                                -

 c. Shares repurchased (treasury
                                                      -
 stock) -/-

 Additional paid-in capital                           -

 a. Agio                                  8.225.767,12

 b. Disagio -/-                                       -

 c. Donated capital                                   -

 d. Capital deposit funds                             -

 e. Other                                             -




Annual Report 2024                                                   207                                             PT Bank KB Bukopin Tbk
Page 208
             Risk Management



                                                                                                                                        (In million IDR)


                                                                                 December 2024

                                            a/b                  c                d                 e               f                   g

                                                                                      The carrying amount of each risk
                                   Carrying amount
                                     as stated in                                 In
                                                                 In                                In            In
                                    the published                            accordance                                       Not refer to capital
                                                            accordance                         accordance accordance
                                       financial                                 with                                          requirements or
                                                                with                              with          with
                                    statements (in                          counterparty                                       based on capital
                                                             credit risk                      securitization market risk
                                       millions)                              credit risk                                          reduction
                                                             framewor                          framework     framework
                                                                             framework

 Other Comprehensive Income                             -

 a. Profit                                   1.982.639,50

 b. Loss                                       -52.635,97

 Reserve                                                -

 a. General reserves                                    -

 b. Destination Reserve                                 -

 Profit and loss                                        -

 a. Past years                             -14.864.834,20

 b. Current year                            -6.329.150,32

 c. Dividends paid -/-                                  -



 Total Equity                                7.961.786,11

                                                                Qualitative Analysis
 The difference between the carrying value based on the Financial Publications Report and the credit risk framework is in terms of the Allowance
   for Impairment Losses (CKPN) in the credit risk framework which is calculated only Stage II and Stage III CKPN. In addition, in terms of credit
 items, the difference is due to the existence of credit recognized as a deduction factor for core capital, namely placement of funds in Additional
                                     Core Capital instruments and/or Supplementary Capital with Other Banks.


Source of Key Differences between Exposures under Prudential Provisions
and Carrying Values under Financial Accounting Standards
Table of Sources of Key Differences between Exposures under Prudential Provisions and Carrying Values under Financial Accounting
Standards as of December 31, 2024


                                                                                                                                       (In million IDR)


                                                                                December 2024

                                     a                      b                      c                          d                         e
                                                                                        Items according to:

                                   Total              Credit Risk           Securitization             Counterparty               Market risk
                                                      Framework              Framework             credit risk framework          framework


 Asset carrying value
 amount under scope of
                                     83.075.297              84.175.929                  119.600                     12.054                   225.157
 regulatory consolidation
 (as per template LI1)




Annual Report 2024                                                        208                                            PT Bank KB Bukopin Tbk
Page 209
                                                                                                                                          (In million IDR)


                                                                                 December 2024

                                     a                     b                         c                          d                          e
                                                                                         Items according to:

                                   Total             Credit Risk              Securitization             Counterparty                Market risk
                                                     Framework                 Framework             credit risk framework           framework

 Liabilities carrying value
 amount under regulatory
                                      75.113.511
 scope of consolidation (as
 per template LI1)

 Total net amount under
 regulatory scope of                  7.961.786             84.175.929                    119.600                       12.054                  225.157
 consolidation

 Off-balance sheet
                                      4.706.819                4.706.819
 amounts

 Differences in valuations                    -

 Differences due to
 different netting rules,
                                              -
 other than those already
 included in row 2
 Differences due to
 consideration of                             -
 provisions
 Differences due to
                                              -
 prudential filters


 Exposure amounts
 considered for regulatory          12.668.605              88.882.748                    119.600                       12.054                  225.157
 purposes

                                                                 Qualitative Analysis

 The difference between the carrying value based on the Financial Publications Report and the credit risk framework is in terms of the Allowance
   for Impairment Losses (CKPN) in the credit risk framework which is calculated only Stage II and Stage III CKPN. In addition, in terms of credit
 items, the difference is due to the existence of credit recognized as a deduction factor for core capital, namely placement of funds in Additional
                                     Core Capital instruments and/or Supplementary Capital with Other Banks.




Explanation of the Difference between Exposure Values in accordance
with Financial Accounting Standards and OJK Provisions (LIA)
The difference between the asset value recorded in the published financial statements and the asset value based on the risk framework
is as follows:


 Banks must explain the origin of the difference between the recorded
 value in accordance with financial accounting standards, as reported
 in the financial statements and the exposure value in accordance with
 prudential provisions, as contained in templates LI1 and LI2.
                                                                             The difference between the carrying value based on the Financial
                                                                             Publications Report and the credit risk framework is in terms of the
                                                                             Allowance for Impairment Losses (CKPN) in the credit risk framework
 (a) The bank must explain the source of significant differences between     which is calculated only for Stage II and Stage III CKPN. In addition, in
 the values in columns (a) and (b) in LI1                                    terms of credit items, the difference is due to the existence of credit
                                                                             recognized as a deduction factor for core capital, namely placement of
                                                                             funds in Additional Core Capital instruments and/or Supplementary
                                                                             Capital with Other Banks.




Annual Report 2024                                                         209                                             PT Bank KB Bukopin Tbk
Page 210
          Risk Management



                                                                            The difference between the carrying value based on the Financial
                                                                            Publications Report and the credit risk framework is in terms of the
                                                                            Allowance for Impairment Losses (CKPN) in the credit risk framework
 (b) The Bank must explain the source of the difference between the         which is calculated only for Stage II and Stage III CKPN. In addition, in
 recorded value and the value used for regulatory purposes listed in LI2.   terms of credit items, the difference is due to the existence of credit
                                                                            recognized as a deduction factor for core capital, namely placement of
                                                                            funds in Additional Core Capital instruments and/or Supplementary
                                                                            Capital with Other Banks.
 (c) In accordance with the implementation of the guidance on
 prudential valuation, banks must explain the systems and controls to
 ensure prudential and reliable valuation estimates. Disclosures must
 include:
                                                                            1.   The Bank uses the Mark-to-market Valuation method for assets in
                                                                                 the Fair Value Level 1 category, where there is a price in the market.
                                                                            2.   The Bank uses the Mark-to-model method for financial assets in
                                                                                 the Fair Value Level 2 category, where the assets are not listed on
                                                                                 the stock exchange but there are similar assets that can be used as
 (i) Valuation methodology, including an explanation of the extent of            a reference for assessment. To determine the mark-to-model, the
 mark-to-market and mark-to-model methodologies use.                             Bank makes a model by considering the advice of consultants who
                                                                                 have competence in the field.
                                                                            3.   For assets in the Fair Value Level 3 category, the assets are not
                                                                                 listed on the stock exchange and have very specific characteristics,
                                                                                 in the following cases, the bank uses the services of an appraiser/
                                                                                 consultant to determine the fair value of the assets
                                                                            The Bank uses consultants in determining the Fair Value of Assets for
                                                                            Level 2 and 3, and uses information available in the Market (eg: IBPA -
                                                                            Indonesian Bond Price Agency) as a comparison of values that will be
 (ii) Description of the independent price verification process.
                                                                            used as mark-to-market material, where in its operational process the
                                                                            Bank has a maker checker approval procedure in terms of transaction
                                                                            bookkeeping.
                                                                            FVPL Asset Category: The Bank adjusts the difference between the
                                                                            recorded value and the market value to Profit and Loss.
 (iii) Procedures for adjusting valuations or reserves (including a         FVOCI Asset Category: The Bank adjusts the difference between the
 description of the process and methodology for valuing trading             recorded value to Equity.
 positions by instrument type).                                             AC Asset Category: The Bank can use the assessment results or prices in
                                                                            the market as considerations in forming reserves for asset impairment
                                                                            losses.



Capital Composition (Audited)
Table of Capital Composition as of December 31, 2024


                                                                                    December 2024                           December 2023

                                                                                                     Ref. No.                               Ref. No.
                                                                                                     derived                                derived
                             Components
                                                                            Amount (In              from the          Amount (In           from the
                                                                            Million IDR)          Consolidated        Million IDR)       Consolidated
                                                                                                    Balance                                Balance
                                                                                                     Sheet1)                                Sheet1)

 CET 1: Instruments and Additional Paid-in Capital
 Common stock (including stock surplus)                                             27.225.767              16, 17         27.225.767           16, 17

 Retained earning                                                                  (21.193.985)             19, 20       (14.864.834)           19, 20

 Accumulated other comprehensive income (and other reserves)                         1.955.618                 18           1.775.376              18
 The capital that including phase out from CET1                                              -                                       -
 Non-Controlling Interests that can be taken into account                                    -                 21                    -              21

 CET1 beforeregulatory adjustment                                                    7.987.401                             14.136.309

 CET 1: Reducing Factor (Regulatory Adjustment)




Annual Report 2024                                                      210                                                PT Bank KB Bukopin Tbk
Page 211
                                                                                December 2024                        December 2023

                                                                                                   Ref. No.                         Ref. No.
                                                                                                   derived                          derived
                              Components
                                                                          Amount (In              from the     Amount (In          from the
                                                                          Million IDR)          Consolidated   Million IDR)      Consolidated
                                                                                                  Balance                          Balance
                                                                                                   Sheet1)                          Sheet1)

  The difference less the amount of the fair value adjustment of
 financial instruments in trading book

 Goodwill                                                                        (189.482)                14        (189.482)              14

 Other intangible assets (other thanMortgage Servicing Rights )                   (81.325)                14         (96.103)              14

 Deferred tax assets arising from future profitability

 Cash flow hedge reserve

 Shortfall on provisions to expected losses

 Gains on sale of assets in securitization transactions

 Increase/decrease in fair value of financial liabilities (DVA)

 Defined benefit pension assets

 Invest in your own shares (if you haven't already included in net in
 capital in the Statement of Financial Position)
 Cross-holdings in CET 1 instruments in other entities
 Investments in bank capital, financial entities, and insurance
 outside the scope of consolidation by regulation, net position short
 allowed, where the Bank does not have more than 10% of the issued
 share capital (the amount above the 10% limit)
 Significant investments in ordinary shares of Banks, financial, and
 insurance entities outside the scope of consolidation by regulation,
 net position shortpermitted (amount above the 10% limit)
 Mortgage servicing rights
 Deferred tax assets arising from temporary differences (amounts
 above the 10% threshold, netfrom tax obligations)

 Amount exceeding the 15% limit of:

 significant investment in common stockfinancial

 mortgage servicing rights

 deferred tax from temporary differences

 Adjustments based on national specific provisions

 Difference between PPKA and CKPN                                                (263.414)                          (254.447)

 Non-productive PPKA                                                             (793.553)                         (1.112.664)

 Deferred Tax Assets                                                            (1.258.561)               17      (2.670.542)              17

 Inclusion                                                                               (15)             11              (15)             11

 Lack of capital in insurance subsidiary companies

 Securitization exposure

 Other
  Adjustments to CET 1 due to AT 1 and Tier2 is smaller than the
 reduction factor
 The amount of reduction (regulatory adjustment) against CET 1                 (2.586.349)                        (4.323.252)
 CET 1 amount after reduction factor                                             5.401.052                          9.813.056
 Additional Core Capital (AT 1): Instrument




Annual Report 2024                                                      211                                        PT Bank KB Bukopin Tbk
Page 212
          Risk Management




                                                                                 December 2024                     December 2023

                                                                                                 Ref. No.                          Ref. No.
                                                                                                 derived                           derived
                              Components
                                                                           Amount (In           from the     Amount (In           from the
                                                                           Million IDR)       Consolidated   Million IDR)       Consolidated
                                                                                                Balance                           Balance
                                                                                                 Sheet1)                           Sheet1)

 AT 1 instruments issued by the Bank (including stock surplus)

 Classified as equity based on accounting standards

 Classified as a liability based on accounting standards

 Capital which include phase out from AT 1

 AT 1 instruments issued by Subsidiaries that are recognized in the
 calculation of KPMM on a consolidated basis

 Instruments issued by Subsidiaries which includephase out

 Number of AT 1 beforeregulatory adjustment                                               -                                 -
 Additional Core Capital: Reducing Factor (Regulatory Adjustment)

 Invest in AT 1 instruments yourself

 Cross-holdings in AT 1 instruments in other entities
  Investments in bank capital, financial entities and insurance
 outside the scope of consolidation by regulation, net position
 shortwhich is permitted, where the Bank does not have more than
 10% of the issued share capital (the amount above the 10% limit)
 Significant investments in the capital of Banks, financial and
 insurance entities outside the scope of consolidation by regulation (
 net position shortwhich is permitted)

 Adjustments based on national specific provisions

 Placement of funds in AT 1 instruments at other banks

 Adjustments to AT 1 due toTier 2 is smaller than the reduction factor

 Total reducing factors (regulatory adjustment) against AT 1                              -                                 -
 Total AT 1 after the reduction factor                                                    -                                 -
 Total Common Equity (Tier 1) (CET 1 + AT 1)                                      5.401.052                       9.813.056
 Supplementary Capital (Tier 2): Instruments and reserves

 Instrument Tier 2 issued by the Bank (including stock surplus)

 The capital including phase out fromTier 2                                      3.602.830                       3.848.018

 Instrument Tier 2issued by a Subsidiary Entity which is recognized in
 the calculation of KPMM on a consolidated basis

 Capital issued by Subsidiaries including phase out

 PPKA's general reserves for productive assets must be calculated at
                                                                                   496.417
 a maximum of 1.25% of ATMR for Credit Risk.                                                                       544.055

 Total Supplementary Capital (Tier 2) before the reducing factor                  4.099.247                       4.392.073
 Supplementary Capital (Tier 2): Reducing Factor (Regulatory
 Adjustment )

 Investment in instrumentsTier 2 alone


Annual Report 2024                                                       212                                     PT Bank KB Bukopin Tbk
Page 213
                                                                                December 2024                     December 2023

                                                                                                Ref. No.                          Ref. No.
                                                                                                derived                           derived
                               Components
                                                                          Amount (In           from the     Amount (In           from the
                                                                          Million IDR)       Consolidated   Million IDR)       Consolidated
                                                                                               Balance                           Balance
                                                                                                Sheet1)                           Sheet1)

 Cross-ownership of instruments Tier 2 on other entities
 Investments in TLAC liabilities of bank capital, financial and
 insurance entities outside the scope of consolidation by regulation,
 net short positions permitted, where the Bank does not have more
 than 10% of issued share capital; the previous value was set with
 a threshold of 5% but no longer meets the criteria (for Systemic
 banks)
 Investments in other TLAC liabilities of banking, financial and
 insurance entities that are outside the scope of regulatory
 consolidation and, for which the bank does not hold more than
 10% of the entity's issued ordinary shares: amounts previously
 designated for the 5% limit but which no longer qualify (only for
 Systemic Banks)
 Significant investments in capital or instruments of TLAC Bank,
 financial and insurance entities outside the scope of consolidation
 by provision (net position shortwhich is permitted)
 Adjustments based on national specific provisions

 Sinking fund

 Placement of funds in instruments Tier 2 at other banks

 Total reducing factors (regulatory adjustment) Supplementary
                                                                                         -                                 -
 Capital

 Total Supplementary Capital (Tier 2) afterregulatory adjustment                 4.099.247                       4.392.073

 Total Capital (Common Equity + Supplementary Capital)                          9.500.298                       14.205.129

 Total Risk Weighted Assets (RWA)                                              47.444.648                       50.831.470

 Minimum Capital Adequacy Ratio (KPMM) and Additional Capital
 (Capital Buffer)
 Ratio CET 1 (percentage of ATMR)                                                  11,38%                          19,31%

 Core Capital Ratio Tier 1 (percentage of ATMR)                                    11,38%                          19,31%

 Total Capital Ratio (percentage of ATMR)                                         20,02%                           27,95%

 Buffer (percentage of ATMR)

 Capital Conservation Buffer

 Countercyclical Buffer

 higher loss absorbency requirement

 For conventional commercial banks: CET 1 available to meet the
 Buffer (percentage of ATMR) For branches of banks domiciled
 abroad: Portion of Business Funds placed in CEMA (expressed as
 a percentage of ATMR) available to meet the Buffer (percentage of
 ATMR) Buffer.
 National minimum (if different from Basel 3)

 National CET 1 lowest ratio (if different from Basel 3)

 Lowest ratio Tier 1 national (if different from Basel 3)


Annual Report 2024                                                      213                                     PT Bank KB Bukopin Tbk
Page 214
           Risk Management




                                                                                      December 2024                       December 2023

                                                                                                   Ref. No.                          Ref. No.
                                                                                                   derived                           derived
                              Components
                                                                               Amount (In         from the        Amount (In        from the
                                                                               Million IDR)     Consolidated      Million IDR)    Consolidated
                                                                                                  Balance                           Balance
                                                                                                   Sheet1)                           Sheet1)

 The lowest ratio of total national capital (if different from Basel 3)

 Total below reduction limit (before risk weighting)

 Non-significant investments in capital or other liabilities of TLAC in
 other financial entities

 Significant investments in common shares of financial entities

 Mortgage servicing rights (net of tax liabilities)

 Deferred tax assets arising from temporary differences (net from tax
 obligations)
 The stamp imposed for the provision on Tier 2
 Provisions that can be recognized asTier 2 according to exposure
 based on the standard approach (before being subject tostamp )
 Stamp on the provisions recognized asTier 2 based on standard
 approach
 Provisions that can be recognized asTier 2 according to exposure
 based on the IRB approach (before being imposedstamp)
 Stamp on the provisions recognized asTier 2 based on the IRB
 approach
 Capital Instruments Including phase out (only valid between 1 Jan
 2018 to 1 Jan 2022)
 Stamp at CET 1 which includes phase out
 The amount excluded from CET 1 due to the presence ofstamp
 (advantages above)stamp afterredemption Andmaturity )
 Stamp on AT 1 which includesphase out
 The amount excluded from AT 1 due to the presence of stamp
 (advantages above)stamp after redemption Andmaturity)
 Stamp onTier 2 which are includedphase out
 Amount excluded from Tier 2 because of the existence ofstamp
 (advantages above)stamp afterredemption Andmaturity )

Capital Reconciliation (Audited)
Capital Reconciliation Table as of December 31, 2024

                                                                                        Consolidated                           Consolidated
                                                                                        Balance Sheet                          Balance Sheet
                                                                 Publication          with consolidation    Publication      with consolidation
                                                                  Balance              coverage based        Balance          coverage based
  No                          Posts                                                     on prudential                          on prudential
                                                                                          provisions                             provisions

                                                                                        December 31,        December 31,
                                                            December 31, 2024                                                December 31, 2023
                                                                                           2024                 2023

         ASSETS

   1     Cash                                                              330.502                369.083          254.501                289.184
   2     Placement to Bank Indonesia                                      3.896.827             5.360.306        3.394.382             4.929.237
   3     Interbank placement                                               502.578                507.612          367.341                752.831
   4     Spot and derivative claims                                         12.054                 12.054           3.040                  3.040



Annual Report 2024                                                        214                                         PT Bank KB Bukopin Tbk
Page 215
                                                                               Consolidated                               Consolidated
                                                                               Balance Sheet                              Balance Sheet
                                                         Publication         with consolidation      Publication        with consolidation
                                                          Balance             coverage based          Balance            coverage based
  No                         Posts                                             on prudential                              on prudential
                                                                                 provisions                                 provisions

                                                                               December 31,          December 31,
                                                      December 31, 2024                                                 December 31, 2023
                                                                                  2024                   2023
  5    Securities owned                                         21.107.351              21.767.111       17.608.965              17.536.248
       Securities sold under repurchase agreement
  6                                                                                                                 -                     -
       (repo)                                                           0                       0
       Claims on securities bought under reverse
   7                                                                     -                      -          2.572.152              2.572.152
       repo
  8    Acceptance claims                                           84.279                  84.279            132.577                132.577
  9    Loans                                                   41.456.215              41.522.947        44.183.228              43.786.019
  10   Sharia financing 1)                                               -             6.004.539                    -             5.632.597

  11   Equity investment                                         1.178.142                     15         2.206.951                      15

  12   Other Financial Assets                                     856.612                 803.139           809.362                833.692

       Allowance for impairment on financial assets
  13
       -/-

       a. Securities                                                (280)                   (280)              (109)                  (109)

       b. Loans and sharia financing                           (2.746.625)             (2.992.197)       (3.353.299)            (3.582.834)

       c. Others                                                         -                  (300)                   -                 (300)

  14   Intangible assets                                         338.304                  636.119           338.304                 635.815

       Accumulated amortization of intangible
                                                                 (257.651)              (365.312)         (243.063)               (350.230)
       assets -/-

  15   Fixed assets and equipment                               4.457.237               4.776.998         4.322.260              4.646.734

       Accumulated depreciation of fixed assets and
                                                               (1.340.634)            (1.456.694)        (1.300.473)             (1.413.059)
       equipment -/-

  16   Non-productive assets

       a. Abandoned property                                       21.680                  21.680            22.395                  22.395

       b. Foreclosed collateral                                 1.674.666               1.799.895         2.370.014               2.503.459

       c. Suspense account                                               -                      -                   -                     -

       d. Inter-branch assets                                            -                      -                   -                     -

  17   Other assets                                             3.887.094              4.224.303          5.154.066               5.377.837

       TOTAL ASSETS                                            75.458.349             83.075.297        78.842.593             84.307.299
       LIABILITIES AND EQUITY

   1   Current account                                          5.526.910              6.289.248          2.733.688               3.177.648

  2    Savings                                                  6.333.647               6.915.502         6.395.495               6.873.184

  3    Time Deposit                                            28.287.288             33.388.408          29.907.451             34.738.311

  4    Electronic Money                                                  -                      -                   -                     -

  5    Liabilities to Bank Indonesia                                     -                      -                   -                     -

  6    Interbank liabilities                                    2.826.678               2.881.186          7.761.176              7.886.721

   7   Spot and derivative liabilities                              3.641                   3.641               808                    808

       Liabilities for securities sold under
  8                                                             3.229.437               3.739.878                   -               219.631
       repurchase agreement (repo)




Annual Report 2024                                              215                                             PT Bank KB Bukopin Tbk
Page 216
        Risk Management




                                                                             Consolidated                              Consolidated
                                                                             Balance Sheet                             Balance Sheet
                                                       Publication         with consolidation     Publication        with consolidation
                                                        Balance             coverage based         Balance            coverage based
  No                          Posts                                          on prudential                             on prudential
                                                                               provisions                                provisions

                                                                             December 31,         December 31,
                                                    December 31, 2024                                                December 31, 2023
                                                                                2024                  2023

  9    Acceptance liability                                      84.279                 84.279           132.577                 132.577

  10   Issued securities                                      5.790.158               5.790.158          998.737                998.737

  11   Loans/financing received                               13.775.967            13.920.644         11.654.712             11.704.492
  12   Security deposit                                          10.625                 20.965            15.531                 30.830
  13   Inter-branch liabilities 2)                                     -                      -                  -                     -

  14   Other liabilities                                      2.025.840              2.079.602         4.479.696               4.434.197

  15   Minority interest                                               -                      -

       TOTAL LIABILITIES                                     67.894.471              75.113.511      64.079.872              70.197.137
  16   Paid-in capital
       a. Authorized capital                                 19.000.000             19.000.000        19.000.000             19.000.000
       b. Unpaid capital -/-                                                                                                           -

       c. Shares bought back (treasury stock) -/-                                                                                      -

  17   Additional paid-in capital
       a. Agio                                                8.225.767               8.225.767        8.225.767               8.225.767
       b. Disagio -/-

       c. Donated capital                                                                                                              -

       d. Fund for paid up capital                                                                                                     -
       e. Others                                                                                                                       -

  18   Other comprehensive income

       a. Gain                                                1.942.000              2.008.254          1.743.730              1.809.192

       b. Loss                                                  (52.126)               (52.636)          (33.816)               (33.816)

  19   Reserves                                                                                                                        -

       a. General reserves                                                                                                             -

       b. Appropriated reserves                                                                                                        -

  20   Gain/Loss                                                                                                                       -

       a. Previous years                                    (14.172.960)           (14.864.834)       (8.662.180)            (8.830.450)

       b. Current years                                      (7.378.803)            (6.329.150)       (5.510.779)            (6.034.384)

       c. Dividends paid -/-                                                                                                           -

       TOTAL EQUITIES ATTRIBUTABLE TO
                                                              7.563.879              7.987.401       14.762.722             14.136.309
       OWNERS
                                                                                             -
  21   Minority interest                                                                                                        (26.146)
                                                                       -                25.615

       TOTAL EQUITIES                                         7.563.879              7.961.786       14.762.722              14.110.163

       TOTAL LIABILITUES AND EQUITIES                        75.458.349             83.075.297       78.842.593             84.307.299




Annual Report 2024                                            216                                            PT Bank KB Bukopin Tbk
Page 217
Key Features of Bank Capital
Table of Key Features of Bank Capital as of December 31, 2024


                                                                   December 24

                                                    Continuous Subordinated       Continuous Subordinated
                                                                                                               Kookmin Bank Hong Kong
 No                                                 Bond III Phase I Year 2021    Bond III Phase I Year 2021
                                                                                                               Branch Subordinated Loan
                                                             Series A                       Series B

 1    Issuer                                       PT Bank KB Bukopin Tbk        PT Bank KB Bukopin Tbk        PT Bank KB Bukopin Tbk
 2    Identification Number                        IDA0001176A9                  IDA0001176B7
 3    Hukum yang digunakan                         Indonesian Law                Indonesian Law                UK Law

      Means that enable the achievement of
      implementation of obligations on
 3a   Section 13 of the TLAC Term Sheet (for
      other valid TLAC instruments governed by
      foreign law)

      Instrument treatment based on CAR
 4    During the transition period                 N/A                           N/A                           N/A
 5    After transition                             Tier 2                        Tier 2                        Tier 2
      Is the instrument eligible for Solo/Group
 6                                                 Individual                    Individual                    Individual
      or Group and Solo
                                                   Subordinated Marketable       Subordinated Marketable       Subordinated Marketable
 7    Type of instrument
                                                   Securities                    Securities                    Securities
 8    KPMM Amount recognized in CAR                231.000                       685.000                       3.000.000
 9    Par value of instrument                      315.000.000.000               685.000.000.000               3.000.000
 10   Accounting classification                    Liability                     Liability                     Liability
 11   Issue date                                   09/09/21                      09/09/21                      30/06/22
 12   No due date (perpetual) or with due date     With due date                 With due date                 With due date
 13   Due date                                     09/09/26                      09/09/28                      29/06/29
      Execution of a call option on the approval
 14   of the Financial Services Authority (OJK)    No                            No                            No


      Call option date, amount of withdrawal
 15   and other requirements of call option        N/A                           N/A                           N/A
      (if any)
 16   Subsequent call option                       N/A                           N/A                           N/A
      Coupon/dividend
      floating Fixed or floating coupon/
 17                                                fixed                         fixed
      dividend
 18   The coupon rate or other reference index     8%                            8,90%                         8,52%
      Whether or not dividend stopper
 19                                                N/A                           N/A                           N/A
      available
 20   Fully discretionary; partial or mandatory    Mandatory                     Mandatory                     N/A
      Is there any step up feature or other
 21                                                N/A                           N/A                           N/A
      incentive
 22   Noncumulative or cumulative                  Cumulative                    Cumulative

 23   Convertible or nonconvertible                Cannot be converted           Cannot be converted           Convertible to Common Stock




Annual Report 2024                                                    217                                            PT Bank KB Bukopin Tbk
Page 218
         Risk Management



                                                                 December 24

                                                    Continuous Subordinated           Continuous Subordinated
                                                                                                                       Kookmin Bank Hong Kong
 No                                                 Bond III Phase I Year 2021        Bond III Phase I Year 2021
                                                                                                                       Branch Subordinated Loan
                                                             Series A                           Series B


                                                                                                                       Possible to convert into
                                                                                                                       ordinary shares in the event
                                                                                                                       that PT Bank KB Bukopin Tbk
                                                                                                                       has the potential to disrupt
 24   If convertible, what is the trigger point    N/A                               N/A
                                                                                                                       its business continuity (point
                                                                                                                       of non viability) referring to
                                                                                                                       OJK Circular Letter No. 20/
                                                                                                                       SEOJK.03/2016

      If convertible, whether full or partial                                                                          (ii) the possibility of being
 25                                                N/A                               N/A
                                                                                                                       converted in full or in part

                                                                                                                       Conversion Formula:
                                                                                                                       a. the average closing price
                                                                                                                       on the IDX regular market of
                                                                                                                       ordinary shares during the
                                                                                                                       twenty-five (25) IDX trading
                                                                                                                       day period immediately
                                                                                                                       before the date on which
                                                                                                                       the application for listing
                                                                                                                       the Convertible Shares is
      If convertible, what is the conversion                                                                           submitted to the IDX; or,
 26   rate                                         N/A                               N/A                               b. if the conversion is carried
                                                                                                                       out to improve the financial
                                                                                                                       position in accordance with
                                                                                                                       POJK 32/2015, the fair market
                                                                                                                       price of the ordinary shares
                                                                                                                       will be determined by a third
                                                                                                                       party appraiser registered
                                                                                                                       with the OJK who will be
                                                                                                                       appointed based on a mutual
                                                                                                                       agreement between PT Bank
                                                                                                                       KB Bukopin Tbk & KBHK

      If convertible, mandatory or optional                                                                            Mandatory, if a trigger event
 27                                                N/A                               N/A
                                                                                                                       occurs

      If convertible, what is the instrument                                                                           It Converts into Common
 28                                                N/A                               N/A
      conversion type                                                                                                  Shares

       Jika dapat dikonversi, sebutkan issuer of                                                                       It Converts into Common
 29                                                N/A                               N/A
      instrument it converts into                                                                                      Shares

 30   Write-down feature                           Yes                               Yes                               No
                                                   Subordinated bonds can
                                                                                     Subordinated bonds can
                                                   be written down without
                                                                                     be written down without
                                                   compensation if the
                                                                                     compensation if the OJK
                                                   OJK determines that the
                                                                                     determines that the company
                                                   company has the potential
                                                                                     has the potential to be
                                                   to be disturbed by its
      If write-down; what is the trigger                                             disturbed by its business
 31                                                business continuity (point                                          N/A
                                                                                     continuity (point of non-
                                                   of non-viability) in
                                                                                     viability) in accordance with
                                                   accordance with the
                                                                                     the provisions of Article 19 of
                                                   provisions of Article 19 of the
                                                                                     the regulation of the financial
                                                   regulation of the financial
                                                                                     services authority no. 34 /
                                                   services authority no. 34 /
                                                                                     POJK.03 / 2016
                                                   POJK.03 / 2016
 32   If write-down; whether full or partial       N/A                               N/A                               N/A
      If write-down, is it permanent or
 33                                                N/A                               N/A                               N/A
      Temporary
      If temporary writedown, Explain write-up
 34   mechanism                                    N/A                               N/A                               N/A




Annual Report 2024                                                    218                                                    PT Bank KB Bukopin Tbk
Page 219
                                                                December 24

                                                   Continuous Subordinated       Continuous Subordinated
                                                                                                              Kookmin Bank Hong Kong
 No                                                Bond III Phase I Year 2021    Bond III Phase I Year 2021
                                                                                                              Branch Subordinated Loan
                                                            Series A                       Series B

 34a   Type of subordination                      Junior Bond                   Junior Bond                   Subordinated Loans

                                                                                                              Ranks at least pari passu
                                                                                                              in payment priority and
                                                  The rights of the             The rights of the             in all other respects with
       Hierarchy of instruments at the time of    Subordinated Bondholders      Subordinated Bondholders      all unsecured and other
 35
       liquidation                                are paripassu without         are paripassu without         subordinated debts of PT
                                                  preferential rights           preferential rights           Bank KB Bukopin Tbk except
                                                                                                              those that take precedence
                                                                                                              by law

 36    Are there features that are noncompliant   N/A                           N/A                           N/A
       If yes, explain for noncompliant
 37                                               N/A                           N/A                           N/A
       features




Annual Report 2024                                                 219                                              PT Bank KB Bukopin Tbk
Page 220
          Risk Management




BANK CAPITAL STRUCTURE AND
IMPLEMENTATION OF RISK MANAGEMENT

Capital                                                                  In addition, the Company periodically carries out the Internal Capital
                                                                         Adequacy Assessment Process (ICAAP) to evaluate capital adequacy
Management Policy and Policy Selection Basis of                          based on the risk profile faced. Through this process, the Company
Capital Structure                                                        can identify potential risks, adjust capital strategies, and ensure
                                                                         readiness to face market dynamics and regulatory changes in the
Implementation of the capital plan includes:                             future.
1. Maintaining a minimum capital adequacy ratio above 16.5%, and
   ensuring a minimum capital level equal to the provisions of the       Risk Management Implementation
   Financial Services Authority (OJK) to support the development
   of the company's business and maintain the composition of             Risk Management plays an important role in banking operations
   Tier 1 and Tier 2 capital in accordance with Basel III provisions.    and strategic decision-making to achieve business targets. Its
2. Capital management policy:                                            implementation covers various aspects, from identification,
   a. Utilizing capital efficiently for business growth, especially      assessment, measurement, evaluation, monitoring, to risk control.
       new financing and future investments (New Generation              In addition, the development of technology and management
       Banking System, Outlet Development, etc.)                         information systems in each risk category and increasing the
   b. Credit loss reserves for efforts to resolve problematic loans      competence of human resources in risk management are also
       will come from income from Turn-around efforts (own profits)      important parts of this process.
   c. management of ATMR and capital charges (management of
       capital reduction factors through collateral cracking) and        The implementation of risk management is carried out proactively to
       settlement of problematic loans and AYDA                          create added value for shareholders, manage capital comprehensively,
                                                                         and maintain profitability and sustainable business growth. KB Bank
Capital Structure Component                                              implements risk management based on national regulations and
                                                                         international standards, such as the Financial Services Authority
KB Bank is committed to maintaining a strong and healthy capital         Regulation (POJK), Financial Services Authority Circular (SEOJK),
structure as the main foundation in driving sustainable business         Financial Accounting Standards Statement (PSAK), Basel Committee
growth. In this effort, KB Bank calculates capital adequacy based        on Banking Supervision (BCBS) documents, and International
on the provisions of POJK No. 34/POJK.03/2016 dated September 26,        Financial Reporting Standards (IFRS) 9.
2016, which is an amendment to POJK No. 11/POJK.03/2016 concerning
the Minimum Capital Requirement for Commercial Banks. In 2024,           Furthermore, all employees within the Bank have the responsibility
the Company's consolidated capital structure consists of:                to implement risk management. The Bank continues to strengthen
1. Modal Inti;                                                           risk management practices as part of its work culture to ensure
2. Modal Pelengkap;                                                      sustainable, transparent, and healthy business growth. In supporting
3. Total Modal.                                                          the transformation and increasing the effectiveness of the risk
                                                                         management process, the Bank has established four main stages
Management Policy on Capital Structure                                   in its development, namely:
                                                                         1. Establishing the basis/foundation;
The risk management policy related to capital structure is reflected     2. Increasing understanding;
in the Minimum Capital Requirement (KPMM) ratio, which is the main       3. Proper execution;
indicator of the Bank's capital adequacy. The Company ensures            4. Adequate monitoring and control.
an adequate level of capital to support sustainable business
growth, both for the Company and its subsidiaries, and to maintain       Determination of Risk Profile Model and Interaction
stakeholder trust.
                                                                         In line with the implementation of risk management, the Bank's
The Company always maintains a capital adequacy ratio above the          business model is designed in accordance with its risk profile, which
minimum limit set by the regulator to ensure financial resilience and    reflects various risks related to the Bank's business activities and
the ability to face various risks. In 2024, the Company's consolidated   operational functions. The main risks taken into considerations
KPMM ratio reached 20,02%, reflecting its commitment to maintaining      include economic projections, business growth, risk appetite levels,
financial stability and competitiveness in the banking industry.         and targets set in the Bank's Business Plan (RBB). Determination of
                                                                         the business model and interaction with the risk profile are also
                                                                         align with the Bank's Vision and Mission.




Annual Report 2024                                                   220                                            PT Bank KB Bukopin Tbk
Page 221
To ensure comprehensive and sustainable risk management, the Bank            All functions in this line of defense are clearly structured within the
periodically evaluates the effectiveness of the implementation of            organization and their authority has been determined in the job
risk management in each of its business activities. If ineffectiveness       description of each work unit.
is found in the implementation of risk management, the Bank
immediately makes improvements to the established control                    Risk Management Communication Media
mechanisms so that the company's goals can still be achieved.
                                                                             As part of the strategy to strengthen risk awareness and knowledge,
In maintaining risk at a tolerable level, the Bank determines and            the Company has designed various comprehensive learning
reviews its risk appetite according to its capacity. Risk appetite is        initiatives. These initiatives include training programs to align
the level of risk that is acceptable to achieve management targets,          employee competencies in risk management, making quizzes related
reflecting the extent to which the bank is willing to take, hold, or avoid   to risk management to test understanding, and supporting relevant
risks to achieve its business goals, strategies, and capital planning.       certifications in this field.
The Bank determines its risk appetite in line with the management
of ICAAP related to capital adequacy. For other risk management,             In addition, to broaden understanding of risk, the Company
the limit and warning trigger amounts are proposed by the relevant           distributes educational materials through internal communication
Department, which are then reviewed by Risk Management before                channels, such as Bukopin Office Communication. With these steps,
obtaining approval from the Board of Directors.                              the Company ensures that employees continue to improve their
                                                                             insight into risk and the important role of risk management in the
The Bank's risk management strategy is designed for a long term              sustainability of the company's operations.
to ensure business sustainability and capital adequacy. In addition,
this strategy is designed to control risk effectively by considering         Risk Measurement System
various factors, including economic development, human resource
adequacy, infrastructure, and the Bank's financial condition.                Risk measurement at the Bank is adjusted to the characteristics and
                                                                             complexity of the business activities carried out. Accuracy in this
Risk Governance Structure                                                    process is an important factor in ensuring effective risk management.
                                                                             Risk evaluations are also carried out periodically, covering products,
The risk management framework and governance at KB Bank are                  portfolios, and all Bank activities, with the aim of assessing risk
reflected in the risk management organization aligned with the               exposure comprehensively.
Bank's business objectives, business policies, scale, complexity, and        The risk measurement system serves as a guideline in identifying
capabilities. Each work unit has a clear organizational structure with       and managing risks, as well as being the basis for implementing
a specific division of tasks and responsibilities, both in general and       optimal control. Adjustments in measurement methods are made
in the application of risk management.                                       in line with significant changes in business activities, products,
                                                                             transactions, and related risk factors.
KB Bank implements effective risk management practices across
all work units through the Three Lines of Defense approach in                In addition, risk measurement procedures are evaluated and
accordance with the Organizational Structure of PT Bank KB Bukopin           updated periodically, at least once a year or as needed to ensure
Tbk. Credit Risk Management is divided based on the following                data accuracy, fairness, and integrity are maintained. Thus, the
principles:                                                                  risk measurement methods used remain relevant and in line with
1. 1st Line of Defense: Risk Taking Unit, which includes business            industry developments and the latest regulations.
    and support teams (including the credit team), is responsible
    for managing risk in operational activities.                             Stress Test
2. 2nd Line of Defense: Risk Group and Compliance, which plays
    a role in supervising and ensuring the implementation of risk            The Bank regularly and continuously conducts stress tests to
    management policies and procedures in accordance with                    anticipate potential changes in economic conditions in the future
    regulations and internal standards.                                      that could impact the Bank's financial stability. This stress test aims
3. 3rd Line of Defense: Internal Audit, which conducts an                    to assess the Bank's capital readiness in facing the possibility of
    independent evaluation of the effectiveness of risk management           major losses and to formulate mitigation measures to maintain a
    and compliance across all work units                                     healthy capital level.




Annual Report 2024                                                       221                                             PT Bank KB Bukopin Tbk
Page 222
           Risk Management




In general, scenarios in the stress test consider various                   In addition, the Risk Management Division also prepares a quarterly
macroeconomic variables, such as changes in interest rates, inflation       Risk Profile Report, which provides a comprehensive overview of all
rates, Gross Domestic Product (GDP), exchange rates, and other              the main risks managed by the Company. This report is reviewed by
factors. The Bank applies stress tests to measure credit, market,           the Board of Commissioners, Board of Directors, and Risk Monitoring
and liquidity risks to ensure resilience to various crisis scenarios        Committee before being reported to the regulator. The evaluation
1. Credit Risk Resilience Test                                              carried out by the Board of Commissioners and Board of Directors
    This test aims to assess the impact of the crisis on asset quality      will be followed up by the relevant units, with periodic monitoring
    and capital adequacy. Its implementation is adjusted to the             of the implementation of the recommendations given.
    dynamics of the business sector and economic conditions,
    including the possibility of a decline in credit quality due to         The Bank always maintains transparency and communication with
    external shocks.                                                        key stakeholders in every reporting process. In addition, the Bank
2. Liquidity Risk Resilience Test                                           periodically submits various reports required by the regulator, both
    This evaluation is conducted to measure the Bank's ability to           through the reporting portal and directly to the relevant regional
    maintain financial stability when facing liquidity pressures. The       office.
    assessment includes aspects such as changes in the structure,
    scale, and complexity of the Bank's business, market dynamics,          In addition, the Bank also provides a Weekly Risk Report to the
    and the Bank's historical experience in handling crisis situations.     President Director to provide weekly updates on the risk parameters
3. Market Risk Resilience Test                                              being managed, ensuring that risk monitoring is carried out
    This test aims to anticipate the worst-case scenario that can affect    proactively and in an integrated manner.
    market risk exposure, especially in exchange rate and interest
    rate fluctuations. The analysis is carried out by considering the
    maximum exposure limits to market risk, including Net Open              Risk Management Strategy
    Position (NOP) and securities.
                                                                            The Bank's risk management strategy is designed to ensure long-
With this series of resilience tests, the Bank ensures capital readiness    term business sustainability, maintain adequate capital, and manage
in facing various challenges, as well as identifying the right strategies   and control risks comprehensively. In its preparation, this strategy
to reduce risk and maintain financial stability.                            considers various factors, including economic dynamics, human
                                                                            resource and infrastructure readiness, the Bank's financial condition,
                                                                            portfolio diversification, and the application of sustainable finance
Risk Information Reporting Process                                          principles.

The risk information reporting process is carried out routinely and         This approach is in line with the Company's overall business strategy,
in a structured manner, with the submission of monthly reports              while still referring to the established Risk Appetite. The goal is
in the form of a Monthly Risk Management Report to the Board of             to maintain operational stability, ensure sustainable profitability,
Directors and a Monthly Risk Oversight Report to the Commissioners,         and make a positive contribution to sustainable economic growth.
prepared by the Risk Management Division. This report includes
monitoring of the overall risk appetite and management of the main
risks faced by the Company.




Annual Report 2024                                                      222                                            PT Bank KB Bukopin Tbk
Page 223
Total of Exposure in Leverage Ratio
Bank Name       : PT. Bank KB Bukopin Tbk. (Individu)
Report Date     : December 2024 (Audited)

LR1: Summary of the Comparision of Accounting Asset vs Leverage Ratio Exposures

                                                                                                                                                 (In million IDR)


 No                                                               Item                                                                       Individu

      Total assets on the balance sheet in the published financial statements (gross value before deducting CKPN-
  1                                                                                                                                                78.276.525
      Allowance for Impairment Losses)

      Adjustments for the value of investments in banks, financial institutions, insurance companies, and/or other
  2   entities that based on financial accounting standards must be consolidated but are outside the scope of                                                  -
      consolidation based on the provisions of the Financial Services Authority.


      Adjustment for the value of the underlying financial asset pool that has been transferred in an asset securitization
  3   that meets the outright sale requirements as stipulated in OJK laws and regulations concerning the principle of                                (610.919)
      prudence in Asset Securitization Activities for Commercial Banks.

      Adjustment to temporary exceptions for placement of demand deposits at Bank Indonesia in order to meet the
  4                                                                                                                                                            -
      minimum reserve requirements (if any).
      Adjustment for fiduciary assets that are recognized as a component of the balance sheet under financial accounting
  5                                                                                                                                                            -
      standards but are excluded from the calculation of total exposure in the Leverage Ratio.

  6   Adjustment for the value of regular purchases or sales of financial assets using the trade date accounting method.                                       -

      Adjustments for cash pooling transaction values that
                                                      ​​   meet the requirements as stipulated in this Financial Services
  7                                                                                                                                                            -
      Authority Regulation.
  8   Adjustment for derivative transaction exposure value.                                                                                             26.198

  9   Adjustment for Securities Financing Transaction (SFT) exposure value for example Reverse Repo transactions.                                              -

      Adjustment for the exposure value of Administrative Account Transactions (TRA) which has been multiplied by the
 10                                                                                                                                                    829.611
      Credit Conversion Factor (FKK).

 11   Prudent valuation adjustment in the form of capital reduction factors and Allowance for Impairment Losses (CKPN).                            (5.792.775)

 12   Other Adjustments                                                                                                                                        -

 13   Total exposure in Leverage Ratio calculation                                                                                               72.728.639

                                                                    Qualitative Analysis

  Total assets in the financial position report in the published financial statements (before deducting CKPN) amounted to IDR78.28 trillion. After being
  added with derivative transaction exposure, TRA and prudential assessment adjustments, the Total Exposure in the calculation of the Leverage Ratio
                                                       individually (bank only) became IDR72.73 trillion.

 With a Total Leverage Ratio Exposure of IDR72.73 trillion and a Total Core Capital of IDR3.41 trillion, the Leverage Ratio in Quarter IV 2024 was 4.69%. The
       Leverage Ratio of PT. Bank KB Bukopin Tbk. individually (bank only) is above the minimum Leverage Ratio value set by the Regulator (3%).




Annual Report 2024                                                         223                                                   PT Bank KB Bukopin Tbk
Page 224
          Risk Management



LR2: Leverage Ratio Disclosure
                                                                                                                                      (In million IDR)

                                                                                                                    Period
                                             Item                                                       T                           T–1
                                                                                                 (December 31, 2024)        (September 30, 2024)

 Asset Exposure in the Statement of Financial Position (Balance Sheet)
        Asset Exposure in the Statement of Financial Position (Balance Sheet) includes
 1      collateral assets, but excludes derivative transaction exposure and SFT exposure.                   74.429.656                  79.002.139
        *Gross value before deducting CKPN

        The re-additional value for derivative collateral delivered to the counterparty and
 2      the provision of such collateral results in a decrease in the total asset exposure in                          -                            -
        the balance sheet due to the application of accounting standards.
        (Reduction of receivables related to cash variation margin provided in derivative
 3                                                                                                                     -                            -
        transactions)

 4      (Adjustment for securities received in SFT exposure recognized as assets)                                      -                            -

        Allowance for Impairment Losses (CKPN) on these assets in accordance with
 5                                                                                                           -2.818.175                 -2.653.290
        applicable accounting standards.
        (Assets that have been calculated as a factor reducing Core Capital (Tier 1) as
 6      referred to in the Financial Services Authority Regulation governing the obligation to              -2.974.600                   -6.165.943
        provide minimum capital for commercial banks.)
        Total Asset Exposure in the Statement of Financial Position (Financial)
 7                                                                                                         68.636.880                   70.182.906
        (Summation of rows 1 to 6)
 Derivative Transaction Exposure
        Replacement Cost (RC) value for all derivative transactions, whether there is a
 8      variation margin that meets the requirements or there is an offsetting agreement                        16.876                    1603,756
        that meets certain requirements.
        The added value which is the Potential Futures Exposures (PFE) for all derivative
 9                                                                                                              21.377                   19313,489
        transactions.
        (except for exposure to derivative transactions settled through a central
 10                                                                                                                    -                            -
        counterparty (CCP)).
 11     Adjustment for the effective notional value of credit derivatives.                                             -                            -
        (Adjustment for effective notional value offsetting and adding-on reductions for
 12                                                                                                                    -                            -
        derivative credit sales transactions).
        Total Derivative Transaction Exposure
 13                                                                                                             38.252                       20.917
        (Summation of rows 8 to 12).
 Securities Financing Transaction (SFT) Exposure
 14     Gross SFT Value                                                                                      3.223.896                   1.468.932
 15     (Net value between cash liabilities and cash receivables)                                                      -                            -
        Credit Risk due to counterparty failure related to SFT assets referring to the Current
 16     Exposure calculation as regulated in Attachment I of this Financial Services Authority                         -                            -
        Regulation.
 17     Exposure as an SFT agent                                                                                       -                            -
        Total SFT Exposure
 18                                                                                                          3.223.896                   1.468.932
        (Summation of rows 14 to 17)
 Administrative Account Transaction (TRA) Exposure
        The total value of commitment obligations or contingent liabilities.
 19                                                                                                          4.706.819                   4.372.855
        *Gross value before deducting CKPN
        (Adjustment to the result of multiplying the value of commitment obligations or
 20     contingent obligations and the Credit Conversion Factor (FKK) then reduced by                       -3.877.209                  -3.544.513
        CKPN)
        (Allowance for Impairment Losses (CKPN) on the TRA is in accordance with
 21                                                                                                                    -                            -
        applicable accounting standards).




Annual Report 2024                                                      224                                                PT Bank KB Bukopin Tbk
Page 225
                                                                                                                                                 (In million IDR)

                                                                                                                              Period
                                               Item                                                            T                            T–1
                                                                                                        (December 31, 2024)         (September 30, 2024)

        Total Administrative Account Transaction (TRA) Exposure
22                                                                                                                       829.611                       828.341
        (Summation of lines 19 to 21)
Capital and Total Exposure
23      Core Capital (Tier 1)                                                                                          3.410.320                    4.338.090
24      Total exposure (Summation of rows 7, 13, 18, and 22)                                                          72.728.639                   72.501.097
Leverage Ratio
        Leverage Ratio Value, including the impact of adjustments to temporary exemptions
25      on placement of demand deposits at Bank Indonesia in order to meet the minimum                                    4,69%                          5,98%
        reserve requirement (if any)
        Leverage Ratio Value, excluding the impact of adjustments to temporary exceptions
25a     to current account placements at Bank Indonesia in order to meet minimum reserve                                  4,69%                          5,98%
        requirements (if any)
26      Minimum Leverage Ratio Value                                                                                        3.00                           3.00
27      Buffer against Leverage Ratio value                                                                                 0.00                           0.00
Disclosure of Average Value
        The average value of the gross carrying value of SFT assets, after adjustment for sale
28      accounting transactions calculated net of cash liabilities in SFT and cash receivables                         3.223.896                    1.468.932
        in SFT

        The end of quarterly reporting value of the gross carrying value of SFT assets, after
29      adjustment for sale accounting transactions calculated net of cash liabilities in SFT                          3.223.896                    1.468.932
        and cash receivables in SFT

        Total Exposure, including the impact of adjustments to temporary exemptions on
        placement of demand deposits with Bank Indonesia in order to meet the minimum
30                                                                                                                    72.728.639                   72.501.097
        reserve requirement (if any), which has included the average value of the gross
        recorded value of SFT assets as referred to in line 28.
        Total exposure, excluding the impact of adjustments to temporary exemptions on
        current account placements with Bank Indonesia in order to meet the minimum
30a                                                                                                                   72.728.639                   72.501.097
        reserve requirement (if any), which has included the average value of the gross
        recorded value of SFT assets as referred to in line 28.
        Leverage Ratio Value, including the impact of adjustments to temporary exemptions
        on current account placements at Bank Indonesia in order to meet the minimum
31                                                                                                                        4,69%                          5,98%
        reserve requirement (if any), which has included the average value of the gross
        recorded value of SFT assets as referred to in line 28.

        Leverage Ratio Value, excluding the impact of adjustments to temporary exemptions
        on current account placements at Bank Indonesia in order to meet the minimum
31a                                                                                                                       4,69%                          5,98%
        reserve requirement (if any), which has included the average value of the gross
        recorded value of SFT assets as referred to in line 28.

                                                                    Qualitative Analysis

  Total assets in the financial position report in the published financial statements (before deducting CKPN) amounted to IDR78.28 trillion. After being
  added with derivative transaction exposure, TRA and prudential assessment adjustments, the Total Exposure in the calculation of the Leverage Ratio
                                                       individually (bank only) became IDR72.73 trillion.

 With a Total Leverage Ratio Exposure of IDR72.73 trillion and a Total Core Capital of IDR3.41 trillion, the Leverage Ratio in Quarter IV 2024 was 4.69%. The
       Leverage Ratio of PT. Bank KB Bukopin Tbk. individually (bank only) is above the minimum Leverage Ratio value set by the Regulator (3%).




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Page 226
             Risk Management




Leverage Ration Calculation Report
Table of Exposure Total in Leverage Ratio as of December 31, 2024
Bank Name 		          : PT. Bank KB Bukopin Tbk. (Konsolidasi)
Report Position       : December 2024 (Audited)


 LR1: Summary of the Comparision of Accounting Asset vs Leverage Ratio Exposures
                                                                                                                                           (in million IDR)


 No                                                           Item                                                               Consolidation

 1         Total balance sheet assets in the published financial statements (gross value before deduction of CKPN)                        86.069.274
           Adjustments for the value of investments in banks, financial institutions, insurance companies, and/or
 2         other entities that based on financial accounting standards must be consolidated but are outside the                                      -
           scope of consolidation based on the provisions of the Financial Services Authority.

           Adjustment for the value of the underlying financial asset pool that has been transferred in an asset
 3         securitization that meets the outright sale requirements as stipulated in OJK laws and regulations                               (610.919)
           concerning the principle of prudence in Asset Securitization Activities for Commercial Banks.

           Adjustment to temporary exceptions for placement of demand deposits at Bank Indonesia in order to
 4                                                                                                                                                   -
           meet the minimum reserve requirements (if any).
           Adjustment for fiduciary assets that are recognized as a component of the balance sheet under financial
 5                                                                                                                                                   -
           accounting standards but are excluded from the calculation of total exposure in the Leverage Ratio.
           Adjustment for the value of regular purchases or sales of financial assets using the trade date accounting
 6                                                                                                                                                   -
           method.
           Adjustments for cash pooling transaction values that
                                                           ​​   meet the requirements as stipulated in this
 7                                                                                                                                                   -
           Financial Services Authority Regulation.
 8         Adjustment for derivative transaction exposure value.                                                                              26.198
           Adjustment for Securities Financing Transaction (SFT) exposure value for example Reverse Repo
 9                                                                                                                                                   -
           transactions.
           Adjustment for the exposure value of Administrative Account Transactions (TRA) which has been
 10                                                                                                                                          829.611
           multiplied by the Credit Conversion Factor (FKK).
           Prudent valuation adjustment in the form of capital reduction factors and Allowance for Impairment
 11                                                                                                                                       (4.523.359)
           Losses (CKPN).

 12        Other Adjustments                                                                                                                         -

 13        Total exposure in Leverage Ratio calculation                                                                                   81.790.805
                                                                   Qualitative Analysis

     Total assets in the financial position report in the published financial statements (before deducting CKPN) amounted to IDR 86.07 trillion. After
      being added with derivative transaction exposure, TRA and prudential assessment adjustments, the Total Exposure in the calculation of the
                                              Leverage Ratio individually (bank only) became IDR81.79 trillion.

  With a Total Leverage Ratio Exposure of IDR 81.79 trillion and a Total Core Capital of IDR 5.40 trillion, the Leverage Ratio in Quarter IV 2024 was
 6,60%. The Leverage Ratio of PT. Bank KB Bukopin Tbk. individually (bank only) is above the minimum Leverage Ratio value set by the Regulator
                                                                         (3%).


 LR2: Leverage Ratio Disclosure
                                                                                                                                           (in million IDR)

                                                                                                                        Period
                                              Item                                                       T                           T–1
                                                                                                 (December 31, 2024)         (September 30, 2024)

 Asset Exposure in the Statement of Financial Position (Balance Sheet)

         Asset Exposure in the Statement of Financial Position (Balance Sheet) includes
 1       collateral assets, but excludes derivative transaction exposure and SFT exposure.                      82.222.405                    85.115.123
         *Gross value before deducting CKPN




Annual Report 2024                                                        226                                                PT Bank KB Bukopin Tbk
Page 227
LR2: Leverage Ratio Disclosure
                                                                                                                                 (in million IDR)

                                                                                                                Period
                                          Item                                                       T                        T–1
                                                                                             (December 31, 2024)      (September 30, 2024)
     The re-additional value for derivative collateral delivered to the counterparty and
2    the provision of such collateral results in a decrease in the total asset exposure in                        -                            -
     the balance sheet due to the application of accounting standards.

     (Reduction of receivables related to cash variation margin provided in derivative
3                                                                                                                 -                            -
     transactions)

4    (Adjustment for securities received in SFT exposure recognized as assets)                                    -                            -

     Allowance for Impairment Losses (CKPN) on these assets in accordance with
5                                                                                                        -2.993.977               -2.800.535
     applicable accounting standards.
     (Assets that have been calculated as a factor reducing Core Capital (tier 1) as
6    referred to in the Financial Services Authority Regulation governing the obligation                 -1.529.382               -3.696.064
     to provide minimum capital for commercial banks.)
     Total Asset Exposure in the Statement of Financial Position (Financial)
7                                                                                                       77.699.046                 78.618.524
     (Summation of rows 1 to 6)
Derivative Transaction Exposure
     Replacement Cost (RC) value for all derivative transactions, whether there is a
8    variation margin that meets the requirements or there is an offsetting agreement                       16.876                     1604,0
     that meets certain requirements.
     The added value which is the Potential Futures Exposures (PFE) for all derivative
9                                                                                                            21.377                    19313,0
     transactions.
     (except for exposure to derivative transactions settled through a central
10                                                                                                                -                            -
     counterparty (CCP)).
11   Adjustment for the effective notional value of credit derivatives.                                           -                            -
     (Adjustment for effective notional value offsetting and adding-on reductions for
12                                                                                                                -                            -
     derivative credit sales transactions).
13   Total Derivative Transaction Exposure (Summation of rows 8 to 12).                                     38.253                      20.917
Securities Financing Transaction (SFT) Exposure
14   Gross SFT Value                                                                                   3223895,718               1468932,091
15   (Net value between cash liabilities and cash receivables)                                                    -                            -
     Credit Risk due to counterparty failure related to SFT assets referring to the
16   Current Exposure calculation as regulated in Attachment I of this Financial Services                         -                            -
     Authority Regulation.
17   Exposure as an SFT agent                                                                                     -                            -
     Total SFT Exposure
18                                                                                                       3.223.896                  1.468.932
     (Summation of rows 14 to 17)
Administrative Account Transaction (TRA) Exposure

19   The total value of commitment obligations or contingent liabilities.                              4706819,309               4372854,584
     *Gross value before deducting CKPN

     (Adjustment to the result of multiplying the value of commitment obligations or
20                                                                                                      (3.877.209)             (3544513,442)
     contingent obligations and the Credit Conversion Factor (FKK) then reduced by CKPN)
     (Allowance for Impairment Losses (CKPN) on the TRA is in accordance with
21                                                                                                                -                            -
     applicable accounting standards).




Annual Report 2024                                                     227                                            PT Bank KB Bukopin Tbk
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           Risk Management




LR2: Leverage Ratio Disclosure
                                                                                                                                                  (in million IDR)

                                                                                                                             Period
                                               Item                                                            T                          T–1
                                                                                                       (December 31, 2024)        (September 30, 2024)
       Total Administrative Account Transaction (TRA) Exposure
22                                                                                                                      829.611                        828.341
       (Summation of lines 19 to 21)
Capital and Total Exposure
23     Core Capital (Tier 1)                                                                                          5.401.052                     6.308.592
24     Total exposure (Summation of rows 7, 13, 18, and 22)                                                          81.790.805                    80.936.715
Leverage Ratio
       Leverage Ratio Value, including the impact of adjustments to temporary
25     exemptions on placement of demand deposits at Bank Indonesia in order to meet                                     6,60%                            7,79%
       the minimum reserve requirement (if any)
       Leverage Ratio Value, excluding the impact of adjustments to temporary exceptions
25a    to current account placements at Bank Indonesia in order to meet minimum                                          6,60%                            7,79%
       reserve requirements (if any)
26     Minimum Leverage Ratio Value                                                                                      3,00%                           3,00%

27     Buffer against Leverage Ratio value                                                                                 0,00                            0,00

Disclosure of Average Value

       The average value of the gross carrying value of SFT assets, after adjustment for sale
28                                                                                                                    3.223.896                      1.468.932
       accounting transactions calculated net of cash liabilities in SFT and cash receivables in SFT


       The end of quarterly reporting value of the gross carrying value of SFT assets, after
29     adjustment for sale accounting transactions calculated net of cash liabilities in SFT and                      3.223.896                      1.468.932
       cash receivables in SFT

       Total Exposure, including the impact of adjustments to temporary exemptions on
       placement of demand deposits with Bank Indonesia in order to meet the minimum
30                                                                                                                   81.790.805                    80.936.715
       reserve requirement (if any), which has included the average value of the gross
       recorded value of SFT assets as referred to in line 28.
    Total exposure, excluding the impact of adjustments to temporary exemptions on
    current account placements with Bank Indonesia in order to meet the minimum
30a                                                                                                                  81.790.805                    80.936.715
    reserve requirement (if any), which has included the average value of the gross
    recorded value of SFT assets as referred to in line 28.
       Leverage Ratio Value, including the impact of adjustments to temporary exemptions on
       current account placements at Bank Indonesia in order to meet the minimum reserve
31                                                                                                                       6,60%                            7,79%
       requirement (if any), which has included the average value of the gross recorded value
       of SFT assets as referred to in line 28.
       Leverage Ratio Value, excluding the impact of adjustments to temporary exemptions on
       current account placements at Bank Indonesia in order to meet the minimum reserve
31a                                                                                                                      6,60%                            7,79%
       requirement (if any), which has included the average value of the gross recorded value of
       SFT assets as referred to in line 28.

                                                                      Qualitative Analysis

  Total assets in the financial position report in the published financial statements (before deducting CKPN) amounted to IDR86.07 trillion. After being
  added with derivative transaction exposure, TRA and prudential assessment adjustments, the Total Exposure in the calculation of the Leverage Ratio
                                                       on a consolidated basis became IDR81.79 trillion.

 With a Total Leverage Ratio Exposure of IDR 82.17 trillion and a Total Core Capital of IDR5.40 trillion, the Leverage Ratio in Quarter IV 2024 was 6.60%. The
        Leverage Ratio of PT. Bank KB Bukopin Tbk. on a consolidated basis is above the minimum Leverage Ratio value set by the Regulator (3%).



Annual Report 2024                                                            228                                                 PT Bank KB Bukopin Tbk
Page 229
                             RISK EXPOSURE AND CAPITAL INFORMATION


In accordance with Financial Services Authority Regulation (POJK)           of this strategy considers various factors, including economic
Number 32/POJK.03/2016 which is an amendment to POJK Number                 development, availability of human resources, infrastructure,
6/POJK.03/2015 concerning Transparency and Publication of                   and financial conditions.
Bank Reports, Article 13A stipulates that Banks are required to
include quantitative information related to risk exposure in the            The Bank is committed to accelerating the timely settlement
Publication Report. This provision is also reinforced through               of non-performing assets in order to strengthen the capital
Financial Services Authority Circular Letter (SEOJK) Number 9/              structure and improve financial stability (soundness).
SEOJK.03/2020 concerning Transparency and Publication of                    This effort is supported by increased productivity through
Conventional Commercial Bank Reports, as well as POJK Number                strengthening organizational capabilities and developing
18/POJK.03/2016 concerning Implementation of Risk Management.               information technology (IT) infrastructure. In addition, the
                                                                            Bank focuses on increasing profitability, optimizing the asset
Risk Profile and Management                                                 portfolio, and strengthening the capital structure to create
                                                                            a sustainable growth cycle. The Bank's Strategic Direction
KB Bank implements comprehensive risk management to ensure                  in 2024:
the stability and sustainability of its operations. The bank's              a. Capital Structure Advancement. Strengthening the capital
risk profile covers various aspects, including credit, market,                   structure and ensuring compliance with regulations
liquidity, operational, legal, reputational, and strategic risks.                through increasing profitability and initiatives to save
To manage these risks, KB Bank implements a Three Lines of                       capital reduction factors and implementing credit risk
Defense principle-based approach, where business units act                       mitigation techniques.
as the front line in risk taking, followed by risk management               b. Portfolio Improvement. Settlement of bad assets, building
and compliance functions as independent supervisors, and                         a new sales model by focusing on businesses that the
internal audits that ensure the effectiveness of risk control.                   bank has mastered, forming a good asset portfolio
In addition, KB Bank periodically reviews its risk management                    through business expansion and recomposition of DPK
policies and procedures, in accordance with Financial Services                   and increasing CASA, strengthening credit management
Authority (OJK) regulations and market dynamics. With a strict              c. Productivity Enhancement. Efficiency continues to be
monitoring system and targeted mitigation strategies, KB Bank                    carried out both in terms of reducing overhead costs,
is committed to maintaining a balance between business growth                    improving infrastructure and bank management systems
and healthy risk management in order to create long-term value                   and innovation to create a capable organization.
for all stakeholders.                                                       The Bank's transformation is designed to take place sustainably,
                                                                            in line with the dynamics of business development. This
Credit Risk                                                                 process is divided into three stages based on time projections:
                                                                            • First phase (2023-2024): Focus on restoring basic
Credit Risk - General Qualitative Disclosures                                    fundamentals to strengthen the Bank's business and
                                                                                 operational foundations.
Based on the Risk Management Policy (internal), Credit Risk is              • Second phase (2025-2026): Adapting strategies and
the risk arising from the failure of debtors and/or other parties                best practices from market leaders, while building and
to fulfill their obligations to the Bank and/or Subsidiaries. These              strengthening the Bank's competitiveness in the banking
risks include debtor failure, credit concentration risk, counterparty            industry.
credit risk, settlement risk, and country risk.                             • Third phase (2027 and beyond): Transitioning towards a
                                                                                 position as a market leader by highlighting innovation as
To improve the prudential aspect in Credit Risk management,                      a main competitive advantage.
the Bank has established an organizational structure that clearly
separates functions into three lines of defense, namely the first       2. Criteria and Approaches for Credit Risk Management Policy
line of defense, the second line of defense, and the third line            The preparation of strategies, policies, procedures, and
of defense.                                                                limit determination must be align with the Bank's vision,
                                                                           mission, and business strategy. This process is carried out by
1. Reflection of Business Model in Bank Credit Risk Profile                considering various aspects, such as the type and complexity
   Components                                                              of the business, risk profile, tolerable risk level, and applicable
   The Bank's Credit Risk management strategy is designed                  laws and regulations in Indonesia.
   for a long term to ensure business sustainability, capital
   adequacy, and effective risk management. The preparation




Annual Report 2024                                                  229                                            PT Bank KB Bukopin Tbk
Page 230
         Risk Management




   To support the implementation of Credit Risk management,          4. Relationship between Credit Risk Management, Risk Control,
   the Bank has established a Risk Management Policy, Credit            Compliance, and Internal Audit Functions
   Risk Management Policy, and Risk Management Committee                In accordance with the Three Lines of Defense principle, the
   Charter. The Credit Risk Management Policy serves as an              Compliance and Risk Management Group acts as the 2nd Line
   umbrella in managing Credit Risk, while the Product Program          of Defense, which is tasked with carrying out independent
   policy becomes the standard for business units in developing         monitoring. The Risk Management Group is responsible
   banking products.                                                    for designing, reviewing, and updating policies, risk limits,
                                                                        and risk management tools on a regular basis. In addition,
3. Credit Risk Management Structure and Organization and                this group also supervises and provides direction to the 1st
   Control Functions                                                    Line of Defense in implementing risk management in each
   Active supervision by the Board of Directors (BOD) and Board         work unit. Meanwhile, the Compliance Division ensures that
   of Commissioners (BOC) of Credit Risk is carried out through         all operational activities of the Bank at every level of the
   various committees that function consistently. Discussions           organization are in accordance with the regulations set by
   generally include quarterly credit risk profile evaluations and      Bank Indonesia (BI), the Financial Services Authority (OJK),
   monthly monitoring of credit ratios, with limits that have           and other relevant authorities.
   been set in accordance with applicable internal policies.
   In addition to the Risk Management Committee (RMC) and               On the other hand, Internal Audit functions as the 3rd Line
   the Risk Monitoring Committee (ROC), the Bank also has a             of Defense with the main task of conducting independent
   Credit Committee that is responsible for the credit process.         evaluations of the implementation of risk management in the
   This committee holds regular meetings in accordance with             First and 2nd Line of Defense. This evaluation aims to assess
   the applicable charter and conducts additional studies if            the effectiveness and suitability of the implementation of
   necessary based on internal needs.                                   risk management with applicable policies and procedures.
                                                                        Internal control is carried out through the routine work
   The latest organizational structure is stated in Decree No. 101      program of the Internal Audit Work Unit (SKAI), which carries
   of 2024 dated September 2, 2024 concerning the Organizational        out comprehensive audits as part of the 3rd Line of Defense.
   Structure of Bank KB Bukopin Tbk. Credit Risk Management is
   implemented based on the Three Lines of Defense principle,           Monitoring of the Bank's credit quality is carried out by the
   where the Risk Taking Unit, including the business and credit        Enterprise Risk Management Department and the Credit Risk
   teams, acts as the 1st Line of Defense. Meanwhile, the Risi          Management Department as part of the 2nd Line of Defense,
   Group and Compliance act as the 2nd Line of Defense, and             which collaborates with the Risk Taking Unit in the 1st Line
   Internal Audit functions as the 3rd Line of Defense. This            of Defense to ensure segregation of duties. In addition to
   organizational structure reflects the division of tasks and          these units, various other departments also support the
   authorities that have been adjusted to the job descriptions          implementation of effective Credit Risk management.
   of each function.
                                                                     5. Main Information on Credit Risk Exposure Reports
   To strengthen the risk control system, the Bank has added            The Risk Group routinely reports risk developments to the
   the position of Risk Management Division Head to its                 Board of Directors through the Risk Management Committee
   organizational structure. In the future, the Bank will continue      and to the Board of Commissioners through the Risk Monitoring
   to make adjustments to ensure the adequacy of organizational         Committee. In addition, improvements to governance in the
   devices in supporting operational effectiveness                      end-to-end credit process continue to be carried out, including
                                                                        through monitoring the overall credit ratio (bankwide) and
                                                                        various other strategic steps.




Annual Report 2024                                               230                                          PT Bank KB Bukopin Tbk
Page 231
Net Billings Disclosure By Region - Bank Individually

                                   Additional Disclosures regarding the Quality of Credit on Assets (CRB)
a) Qualitative

1.       Past Due Receivables, refers to the portfolio category of overdue receivablesas in Appendix A of Financial Services Authority Circular Letter
         No. SEOJK 24/SEOJK.03/2021.
2.       Impaired Receivables, receivables that are at stage 2 (less good assets) and stage 3 (bad assets)
3.       Evaluation of impairment is carried out on credits granted in classifications and measurements other than fair value through profit and loss.
         The purpose of impairment is to recognize expected credit loss over the life of all financial instruments that have experienced a significant
         increase in credit risk since initial recognition, whether assessed individually or collectively by considering all reasonable and supporting
         information, including forward-looking information.


                        Disclosure Table of Net Receivables by Region - Individual Banks as of December 31, 2024
                                                                                                                                             (in million IDR)


                                                         December 31, 2024                                      December 31, 2023
                                                             (Audited)                                              (Audited)
 No.         Portofolio Category
                                                        Net Billings By Region                                 Net Billings By Region

                                           Java         Sumatera       Others        Total        Java         Sumatera         Others          Total

     a                  b                    c               d           e             f            i              j              m                n
            Receivables from
1                                         16.364.694               -            -   16.364.694    16.432.697               -             -      16.432.697
            Government

            Receivables from Public
2                                           3.291.165            164            -    3.291.329    2.996.050             355              -      2.996.405
            Sector Entities

            Receivables from
            Multilateral Development
3                                                   -              -            -            -             -               -             -                 -
            Banks and International
            Institutions

4           Receivables from Banks           495.509         14.553             5      510.067      367.285              53              4         367.342

            Receivables in the form of
5                                                   -              -            -            -             -               -             -                 -
            a Covered Bond

            Receivables from
            Securities Companies and
6                                            908.081               -            -     908.081      1.522.780           2.193             -       1.524.972
            Other Financial Services
            Institutions

            Receivables in the form of
            Securities/Subordinated
7                                             50.000               -            -      50.000        50.000                -             -          50.000
            Receivables, Equity and
            Other Capital Instruments

            Residential Property
8                                          2.689.472        279.808      337.579    3.306.858      3.272.634      532.882         614.502        4.420.018
            Secured Loans

            Commercial Property
9                                           6.102.422        274.763     362.067     6.739.252     9.332.327      596.499        1.170.748      11.099.573
            Secured Loans

            Credit for Land
            Acquisition, Land
10                                                  -              -            -            -             -           600               -              600
            Processing, and
            Construction

            Employee or Pensioner
11                                         5.842.925       1.225.492    3.155.775   10.224.191     5.265.610     1.199.709       2.723.110       9.188.429
            Credit




Annual Report 2024                                                           231                                               PT Bank KB Bukopin Tbk
Page 232
          Risk Management




                    Disclosure Table of Net Receivables by Region - Individual Banks as of December 31, 2024
                                                                                                                                                                          (in million IDR)


                                                         December 31, 2024                                                        December 31, 2023
                                                             (Audited)                                                                (Audited)
 No.     Portofolio Category
                                                     Net Billings By Region                                                      Net Billings By Region

                                        Java             Sumatera           Others            Total            Java          Sumatera                   Others               Total

    a               b                     c                 d                 e                 f                i                   j                    m                     n
        Receivables on Micro
        Businesses, Small
12                                      1.352.905            61.162           92.654          1.506.721        1.968.052            155.655               258.257             2.381.963
        Businesses, and Retail
        Portfolio

        Receivables on
13                                      16.751.553           70.337           86.299         16.908.189       12.823.215            318.674               181.581           13.323.469
        Corporations

        Other Overdue
14                                      4.947.546           359.127           417.342         5.724.015        4.225.728            225.339               306.907             4.757.974
        Receivables

15      Other Assets                    7.528.535                   -                -        7.528.535         7.435.101                     -                   -            7.435.101

         Total                         66.324.806         2.285.405         4.451.721        73.061.932       65.691.479          3.031.958             5.255.108           73.978.544


Disclosure of Net Receivables by Region - Bank on Consolidated Basis with Subsidiaries
                                            Net Receivables Disclosure Table by Region -
                                 Bank on Consolidated Basis with Subsidiaries as of December 31, 2024
                                                                                                                                                                            (in million IDR)


                                                           December 31, 2024                                                         December 31, 2023
                                                               (Audited)                                                                 (Audited)
 No.      Portofolio Category
                                                          Net Billings By Region                                                   Net Billings By Region

                                          Java           Sumatera           Others              Total                Java          Sumatera              Others                Total

    a                  b                      c              d                 e                    f                  i                 j                    m                     n
        Receivables from
1                                       16.364.694                      -                -     16.364.694        17.656.442                        -                  -       17.656.442
        Government
        Receivables from Public
2                                         3.387.612               164                    -       3.387.776       2.996.050                    355                 217           2.996.622
        Sector Entities
        Receivables from
        Multilateral Development
3                                                    -                  -                -                -                  -                     -                  -                      -
        Banks and International
        Institutions

4       Receivables from Banks             495.509              14.553                   5          510.067           401.412                     57                  7             401.476

        Receivables in the form of a
5                                                    -                  -                -                -                  -                     -                  -                      -
        Covered Bond
        Receivables from
        Securities Companies and
6                                          908.081                      -                -          908.081          1.522.780               2.193                    -         1.524.972
        Other Financial Services
        Institutions
        Receivables in the form of
        Securities/Subordinated
7                                             50.000                    -                -          50.000             50.000                      -                  -             50.000
        Receivables, Equity and
        Other Capital Instruments




Annual Report 2024                                                                232                                                                  PT Bank KB Bukopin Tbk
Page 233
                                             Net Receivables Disclosure Table by Region -
                                  Bank on Consolidated Basis with Subsidiaries as of December 31, 2024
                                                                                                                                       (in million IDR)


                                                       December 31, 2024                                   December 31, 2023
                                                           (Audited)                                           (Audited)
 No.       Portofolio Category
                                                      Net Billings By Region                              Net Billings By Region

                                          Java        Sumatera     Others       Total         Java        Sumatera        Others          Total

    a                   b                   c            d            e            f            i             j              m              n
         Residential Property
8                                         2.731.513     341.448      345.843     3.418.805    3.327.290      601.335        626.448       4.555.073
         Secured Loans
         Commercial Property
9                                        6.660.835       276.125     364.700     7.301.660    9.879.549     597.886        1.173.460    11.650.895
         Secured Loans
         Credit for Land Acquisition,
10       Land Processing, and                     -            -            -            -            -           600              -              600
         Construction
         Employee or Pensioner
11                                       5.908.625     1.249.012    3.167.833   10.325.470    5.309.659    1.221.607       2.734.552      9.265.818
         Credit
         Receivables on Micro
         Businesses, Small
12                                        1.823.037      162.601     142.595     2.128.233    2.432.902      278.027        321.641       3.032.569
         Businesses, and Retail
         Portfolio
         Receivables on
13                                       20.415.318     802.310      387.100    21.604.728   15.787.726    1.080.900        595.460     17.464.086
         Corporations

14       Other Overdue Receivables        5.255.637     409.660     460.404      6.125.701   4.349.540       252.481        376.532       4.978.553

15       Other Assets                     7.528.535            -            -    7.528.535    7.845.225       13.390         113.215      7.971.830

 Total                                  71.529.396     3.255.873   4.868.481    79.653.749   71.558.573   4.048.831       5.941.531    81.548.936




Annual Report 2024                                                    233                                               PT Bank KB Bukopin Tbk
Page 234
             Risk Management




Disclosure of Net Billings Based on Remaining Contract Term - Bank Individually
Table of Net Receivables Disclosure based on Remaining Contract Term - Bank Individually as of December 31, 2024


 1)Disclosure of Net Receivables Based on Remaining Contract Period – Bank by individual

                                                                                 December 31, 2024 (Audited)

                  Portfolio                                       Net Receivables based on Remaining Contract Period
  No.
                  Category
                                                                                                                                     Non
                                              < 1 year              > 1 to 3 years         > 3 to 5 years       > 5 years                            Total
                                                                                                                                  Contractual

   a                    b                          c                        d                     e                 f                 g                h
           Receivables from
    1                                              9.499.200                     792.111           2.311.657        3.761.725                   -     16.364.694
           Government
           Receivables from
    2                                                  390.476                1.176.601                11.053        1.713.199                  -      3.291.329
           Public Sector Entities
           Receivables
           from Multilateral
    3      Development Banks                                  -                        -                    -                 -                 -                -
           and International
           Institutions
           Receivables from
    4                                                      476                         -               81.318                 -           428.273          510.067
           Banks
           Receivables in the
    5      form of a Covered                                  -                        -                    -                 -                 -                -
           Bond
           Receivables
           from Securities
    6      Companies and                               503.718                  364.363               40.000                  -                 -          908.081
           Other Financial
           Services Institutions
           Receivables in the
           form of Securities/
           Subordinated
    7                                                         -                 50.000                      -                 -                 -          50.000
           Receivables, Equity
           and Other Capital
           Instruments
           Residential Property
    8                                                  975.927                  114.709               847.787       1.368.434                   -      3.306.858
           Secured Loans
           Commercial Property
    9                                               2.830.775                1.592.290             1.451.337            864.850                 -      6.739.252
           Secured Loans
           Credit for Land
           Acquisition, Land
   10                                                         -                        -                    -                 -                 -                -
           Processing, and
           Construction
           Employee or
   11                                                  124.617                  447.910               641.732       9.009.933                   -      10.224.191
           Pensioner Credit
           Receivables on Micro
           Businesses, Small
   12                                                  974.011                  258.835               138.488           135.387                 -       1.506.721
           Businesses, and
           Retail Portfolio
           Receivables on
   13                                               4.276.881                3.390.721             3.570.910        5.669.677                   -     16.908.189
           Corporations
           Other Overdue
   14                                               1.287.772                1.221.536             1.685.531        1.529.176                   -       5.724.015
           Receivables

   15      Other Assets                                       -                        -                    -                 -        7.528.535       7.528.535

 Total                                         20.863.853                  9.409.077             10.779.813      24.052.381          7.956.808       73.061.932




Annual Report 2024                                                                         234                                            PT Bank KB Bukopin Tbk
Page 235
                                                                                                                             (in million IDR)

                                                       31 Desember 2023 (Audited)

                                          Net Receivables based on Remaining Contract Period

       < 1 year             > 1 to 3 years         > 3 to 5 years          > 5 years            Non Contractual            Total

          i                       j                      k                     l                      m                      n

               6.959.641              1.236.459              2.034.420              6.036.312              165.865               16.432.697


                  210.323                    355             1.151.665              1.634.061                     -              2.996.405



                        -                      -                     -                      -                     -                        -



                        1                      -                     -                      -              367.341                  367.342


                        -                      -                     -                      -                     -                        -




                1.031.775               491.002                      -                  2.195                     -               1.524.972




                        -                      -               50.000                       -                     -                 50.000




                 645.694                691.187              1.496.383              1.586.754                     -              4.420.018


               3.310.880              1.444.408              1.966.623              4.377.662                     -              11.099.573



                     600                       -                     -                      -                     -                    600



                  94.664                373.268               624.755               8.095.742                     -               9.188.429



               1.081.042                443.464               248.817                 268.112             340.528                 2.381.963



                4.857.337               669.673              3.290.327              4.490.271               15.861               13.323.469


                  941.756               768.656              1.007.048              2.040.513                     -               4.757.974

                        -                      -                     -                      -             7.435.101                7.435.101

              19.133.714              6.118.473          11.870.037           28.531.623                8.324.697            73.978.544




Annual Report 2024                                                  235                                           PT Bank KB Bukopin Tbk
Page 236
          Risk Management




2)Disclosure of Net Receivables Based on the Remaining Term of Contract - Consolidated Bank with Subsidiaries


                                                                December 31, 2024 (Audited)

              Portfolio
 No.                                               Net Receivables based on Remaining Contract Period
              Category
                                                                                                                    Non
                                  < 1 year           > 1 to 3 years       > 3 to 5 years       > 5 years                             Total
                                                                                                                 Contractual

  a                b                 c                     d                     e                 f                 g                 h
         Receivables from
   1                                 9.499.200                  792.111           2.311.657        3.761.725                   -      16.364.694
         Government
         Receivables from
   2                                     390.476            1.176.601                 11.053      1.809.646                    -        3.387.776
         Public Sector Entities
         Receivables
         from Multilateral
   3     Development Banks                     -                     -                     -                 -                 -                 -
         and International
         Institutions
         Receivables from
   4                                         476                     -                81.318                 -           428.273           510.067
         Banks
         Receivables in the
   5     form of a Covered                     -                     -                     -                 -                 -                 -
         Bond
         Receivables
         from Securities
   6     Companies and                   503.718               364.363               40.000                  -                 -           908.081
         Other Financial
         Services Institutions
         Receivables in the
         form of Securities/
         Subordinated
   7                                           -               50.000                      -                 -                 -           50.000
         Receivables, Equity
         and Other Capital
         Instruments
         Residential Property
   8                                     994.971               129.242               860.371       1.434.221                   -       3.418.805
         Secured Loans
         Commercial Property
   9                                  2.849.837             1.632.147             1.510.381        1.309.294                   -       7.301.660
         Secured Loans
         Credit for Land
         Acquisition, Land
  10                                           -                     -                     -                 -                 -                 -
         Processing, and
         Construction
         Employee or
  11                                     141.214               472.703               661.935       9.049.615                   3       10.325.470
         Pensioner Credit
         Receivables on Micro
         Businesses, Small
  12                                  1.279.469                351.754               191.510           305.500                 -        2.128.233
         Businesses, and
         Retail Portfolio
         Receivables on
  13                                  5.102.772            4.746.241             4.356.409         7.398.921                385       21.604.728
         Corporations
         Other Overdue
  14                                  1.326.490             1.346.122             1.754.113        1.593.076             105.900        6.125.701
         Receivables

  15     Other Assets                          -                     -                     -                 -        7.528.535         7.528.535

 Total                             22.088.622            11.061.286             11.778.747      26.661.997          8.063.097        79.653.749




Annual Report 2024                                                        236                                             PT Bank KB Bukopin Tbk
Page 237
                                                                                                                              (in million IDR)



                                                        31 Desember 2023 (Audited)


                                           Net Receivables based on Remaining Contract Period

       < 1 year             > 1 to 3 years          > 3 to 5 years          > 5 years            Non Contractual            Total

          i                       j                       k                     l                      m                      n

              7.244.528                1.236.459              2.034.420              6.036.312             1.104.723              17.656.442


                  210.323                    376              1.151.665              1.634.061                  196               2.996.622



                        -                      -                      -                      -                     -                        -



                   34.135                      -                      -                      -              367.341                  401.476


                        -                      -                      -                      -                     -                        -




              1.031.775                 491.002                       -                  2.195                     -               1.524.972




                        -                      -                50.000                       -                     -                 50.000




                  645.739               692.047               1.499.188              1.586.754              131.345                4.555.073


              3.314.608                1.450.615              1.991.320              4.377.662              516.690               11.650.895



                     600                       -                      -                      -                     -                    600



                   94.681               374.566                 632.113              8.095.742               68.715               9.265.818



              1.205.685                  614.452               380.625                 268.112              555.149               3.024.023



              5.105.517                 1.178.221             3.764.467              4.490.271             2.936.391              17.474.866


                  970.215               820.460               1.081.244              2.041.615               65.085               4.978.620

                        -                      -                      -                      -             7.971.831                7.971.831

          19.857.807                  6.858.199          12.585.040            28.532.725               13.717.467            81.551.238




Annual Report 2024                                                   237                                           PT Bank KB Bukopin Tbk
Page 238
             Risk Management


Disclosure of Net Billings by Economic Sector - Banks Individually
Table of Net Receivables Disclosure by Economic Sector - Bank Individually as of December 31, 2024


 1) Disclosure of Net Billings by Economic Sector - Banks Individually


                                                                                                                                                            "Receivables
                                                                                                                                            "Receivables     in the form
                                                                                      "Receivables
                                                                                                                                             Securities           of
                                                                                          from                               "Receivables
                                                              "Receivables                                                                      from         Securities/
                                      "Receivables                                     Multilateral                           in the form
              Economic                                         from Public                                 "Receivables                      Companies      Subordinated
 No.                                      from                                        Development                                  of
               Sector                 Government"
                                                                  Sector
                                                                                       Banks and
                                                                                                           from Banks"
                                                                                                                               Covered
                                                                                                                                             and Other      Receivables,
                                                                 Entities"                                                                    Financial         Equity
                                                                                      International                             Bonds"
                                                                                                                                              Services        and Other
                                                                                      Institutionsl"
                                                                                                                                            Institutions"      Capital
                                                                                                                                                            Instruments"

     a               b                         c                         d                  e                   f                 g              h               i

         December 31, 2024 (Audited)

         Agriculture,
 1       Forestry, and                                   -                        -                    -                 -              -               -                 -
         Fisheries
         Mining and
 2                                                       -               668.066                       -                 -              -               -                 -
         Excavation
         Processing
 3                                                       -               490.059                       -                 -              -               -                 -
         Industry
         Electricity, Gas,
         Steam/Hot and
 4                                                       -               508.076                       -                 -              -               -                 -
         Cold Water, Waste
         Water
         Water
         Management,
         Waste Water
 5       Management,                                     -                        -                    -                 -              -               -                 -
         Waste
         Management and
         Recycling

 6       Construction                                    -                        -                    -                 -              -               -                 -

         Wholesale and
         retail trading; Car
 7       and Motorcycle                                  -                        -                    -                 -              -               -                 -
         Reparation and
         Maintenance
         Transportation
 8                                                       -               199.998                       -                 -              -               -                 -
         and Warehousing
         Transport and
         Warehouse
 9       Accomodation,                                   -                        -                    -                 -              -               -                 -
         food and beverage
         supply
         Information and
 10                                                      -                        -                    -                 -              -               -                0
         Communication
         Finance and
 11      Insurance                                       -                   11.053                    -            81.318              -         746.085            50.000
         Activities

 12      Real Estate                                     -                        -                    -                 -              -               -                 -

         Professional,
 13      Scientific, and                                 -                        -                    -                 -              -               -                 -
         Technical Activities




Annual Report 2024                                                                         238                                                PT Bank KB Bukopin Tbk
Page 239
                                                                                                                                   (in million IDR)



                                                                        "Receivables
                                          "Credit                           from
                       "Credit           for Land                         on Micro
    "Credit                                             "Creditby
                       Secured          Acquisition,                      Business,        "Receivables
  Secured by                                           Employees                                                Overdue
                        from               Land                            Small               from                             Other Assets
  Residential                                               or                                                Receivables
                     Commercial         Processing                        Business         Corporates"
  Properties"                                           Retirees"
                      Property"             and                              and
                                       Construction"                       Retail
                                                                         Portfolio"


       j                 k                   l             m                 n                  o                 p                   q




            12.129           119.447               -                -            75.170               0               152.952                    -


             9.756             1.779               -                -             2.149                   2           148.243                    -


            50.219       2.488.893                 -                1             3.130                   3           239.107                    -



              262             13.216               -                -                  -                  1        208.636                       -




                 -             1.522               -                -                  -              0                 1.502                    -




           316.981           597.457               -                -            13.713               0           1.082.538                      -



           699.366        1.157.114                -            196              35.572               0               622.147                    -



           50.506            114.130               -                -             1.581                   1           183.749                    -



            37.155           562.052               -                -             8.395               0           1.067.633                      -



           532.933            9.380                0                0              748                0                 6.771                    -


               257            76.287               -                -            68.553                   1           354.627                    -


           169.651        346.828                  -                -             2.627               0             830.730                      -


              422            657.907               -                -             9.102               0                19.661                    -




Annual Report 2024                                                  239                                               PT Bank KB Bukopin Tbk
Page 240
            Risk Management



1) Disclosure of Net Billings by Economic Sector - Banks Individually


                                                                                                                                                       "Receivables
                                                                                                                                       "Receivables     in the form
                                                                                    "Receivables
                                                                                                                                        Securities           of
                                                                                        from                            "Receivables
                                                             "Receivables                                                                  from         Securities/
                                     "Receivables                                    Multilateral                        in the form
             Economic                                         from Public                                "Receivables                   Companies      Subordinated
 No.                                     from                                       Development                               of
              Sector                 Government"
                                                                 Sector
                                                                                     Banks and
                                                                                                         from Banks"
                                                                                                                          Covered
                                                                                                                                        and Other      Receivables,
                                                                Entities"                                                                Financial         Equity
                                                                                    International                          Bonds"
                                                                                                                                         Services        and Other
                                                                                    Institutionsl"
                                                                                                                                       Institutions"      Capital
                                                                                                                                                       Instruments"

  a                 b                         c                         d                 e                   f              g              h               i
         Rental and Leasing
         Activities without
         Option Rights,
14       Employment,                                    -                      -                     -            475              -               -              -
         Travel Agencies,
         and Other
         Business Support
         Government
         Administration,
15       Defence, and                                   -                      -                     -              -              -               -              -
         Mandatory Social
         Security

16       Education                                      -                      -                     -              -              -               -              -

         Human Health
17       Activities and                                 -                    164                     -              -              -               -              -
         Social Activities
         Arts,
18       Entertainment,                                 -                      -                     -              -              -               -              -
         and Recreation
         Other Services
19                                                      -                      -                     -              -              -               -              -
         Activities
         Household
         as Employer
         Activities:
         Activities that
20       produce goods                                  -                      -                     -              -              -               -              -
         and services by
         households that
         are used to meet
         their own needs
         International
         and Other Extra
21                                                      -                      -                     -              -              -               -              -
         International
         Activities

22       Household                                      -                      -                     -              1              -               -              -

         Non-Business
23                                                      -                      -                     -              -              -               -              -
         Activities

24       Others                             16.364.694                  1.413.912                    -        428.273              -         161.996              -

 Total                                   16.364.694                3.291.329                     -           510.067               -        908.081         50.000




Annual Report 2024                                                                       240                                             PT Bank KB Bukopin Tbk
Page 241
                                                                                                                                  (in million IDR)



                                                                       "Receivables
                                         "Credit                           from
                      "Credit           for Land                         on Micro
    "Credit                                            "Creditby
                      Secured          Acquisition,                      Business,        "Receivables
  Secured by                                          Employees                                                Overdue
                       from               Land                            Small               from                             Other Assets
  Residential                                              or                                                Receivables
                    Commercial         Processing                        Business         Corporates"
  Properties"                                          Retirees"
                     Property"             and                              and
                                      Construction"                       Retail
                                                                        Portfolio"


       j                k                   l             m                 n                  o                 p                   q




           40.521            27.650               -                -             8.034               0                21.597                    -




                -                 -               -                -                  -              0                     -                    -



            9.752           353.494               -                -              5.746              0               28.293                     -


            1.492           149.433               -                -              1.499              0                14.162                    -



           9.920              6.423               -            130                6.945              0                 3.772                    -


             340               502                -                -             5.809               0                 7.327                    -




             659                  -               -                -                  -              0                  445                     -




                -                 -               -                -                  -              0                     -                    -


      1.360.983              55.738               -      10.223.662             728.379              0               728.681                    -

            3.552                 -               -            202                2.170              0                 1.444                    -

                -                 -               -                -            527.400                  7                 -         7.528.535

     3.306.858         6.739.252                  -     10.224.191         1.506.721                17          5.724.015          7.528.535




Annual Report 2024                                                 241                                               PT Bank KB Bukopin Tbk
Page 242
           Risk Management




                                                                                                                               "Receivables
                                                                                                                 "Receivables
                                                                "Receivables                                                   in the form of
                                                                                                                  Securities
                                                                    from                                                         Securities/
                                              "Receivables                                      "Receivables         from
                               "Receivables                      Multilateral                                                  Subordinated
            Economic                           from Public                       "Receivables   in the form of    Companies
 No.                               from                         Development                                                     Receivables,
             Sector            Government"
                                                  Sector
                                                                 Banks and
                                                                                 from Banks"       Covered        and Other
                                                                                                                                   Equity
                                                 Entities"                                          Bonds"         Financial
                                                                International                                                    and Other
                                                                                                                   Services
                                                                Institutionsl"                                                     Capital
                                                                                                                 Institutions"
                                                                                                                               Instruments"


    a            b                    c            d                  e               f               g               h               i

        December 31, 2023 (Audited)

        Agriculture,
1       Forestry, and                     -                 -                -              -                -                -                -
        Fisheries
        Mining and
2                                         -         895.422                  -              -                -                -                -
        Excavation
        Processing
3                                         -         446.566                  -              -                -                -                -
        Industry
        Electricity, Gas,
        Steam/Hot and
4                                         -        300.000                   -              -                -                -                -
        Cold Water, Waste
        Water
        Water
        Management,
        Waste Water
5       Management,                       -                 -                -              -                -                -                -
        Waste
        Management and
        Recycling

6       Construction                      -                 -                -              -                -                -                -

        Wholesale and
        retail trading; Car
7       and Motorcycle                    -                 -                -              -                -            2.193                -
        Reparation and
        Maintenance
        Transportation and
8                                         -            20.000                -              -                -                -                -
        Warehousing
        Transport and
        Warehouse
9       Accomodation,                     -                 -                -              -                -                -                -
        food and beverage
        supply
        Information and
10                                        -                 -                -              -                -                -                -
        Communication
        Finance and
11                                        -                 -                -              -                -        1.110.784           50.000
        Insurance Activities

12      Real Estate                       -                 -                -              -                -                -                -

        Professional,
13      Scientific, and                   -                 -                -              -                -                -                -
        Technical Activities
        Rental and Leasing
        Activities without
        Option Rights,
14      Employment,                       -                 -                -              -                -                -                -
        Travel Agencies,
        and Other
        Business Support




Annual Report 2024                                                  242                                           PT Bank KB Bukopin Tbk
Page 243
                                                                                                                                           (in million IDR)



                                                                                  "Receivables
                                               "Credit                                from
                            "Credit           for Land                              on Micro
         "Credit                                                 "Creditby
                            Secured          Acquisition,                           Business,        "Receivables
       Secured by                                               Employees                                                  Overdue           Other
                             from               Land                                 Small               from
       Residential                                                   or                                                  Receivables         Assets
                          Commercial         Processing                             Business         Corporates"
       Properties"                                               Retirees"
                           Property"             and                                   and
                                            Construction"                            Retail
                                                                                   Portfolio"


            j                 k                   l                 m                  n                  o                  p                   q




                40.564            234.392                   -           4.674               71.125            387.063            146.901                 -


                 17.450            20.961                   -                 -              7.904            554.552            577.256                 -


                253.455       1.685.717                     -                11            173.455        2.823.209               63.596                 -



                112.205            97.864                   -                86                  -         1.123.981             184.576                 -




                  4.742             2.832                   -                 -                  -             43.096                  -                 -




                770.133        1.107.412              600                     -             55.672            192.932         1.132.071                  -



                755.027       2.388.242                     -            558               134.183            524.250            608.378                 -



                190.326           939.850                   -           1.232              246.083            309.797            501.357                 -



                413.615       2.670.778                     -                36              9.517             60.920            282.765                 -



                561.121            31.178                   -                 -               100             120.802              2.939                 -


                 19.176            28.556                   -                 -            363.668            528.366            206.442                 -

                361.928           804.276                   -             111                1.903             19.700            198.959                 -


                 20.196           176.604                   -                 -              5.654              7.980             21.495                 -




                 75.149            38.642                   -            241                15.481            485.934              6.687                 -




Annual Report 2024                                                  243                                                 PT Bank KB Bukopin Tbk
Page 244
            Risk Management




                                                                                                                                       "Receivables
                                                                                                                         "Receivables
                                                                    "Receivables                                                       in the form of
                                                                                                                          Securities
                                                                        from                                                             Securities/
                                                   "Receivables                                         "Receivables         from
                                  "Receivables                       Multilateral                                                      Subordinated
             Economic                               from Public                      "Receivables       in the form of    Companies
 No.                                  from                          Development                                                         Receivables,
              Sector              Government"
                                                       Sector
                                                                     Banks and
                                                                                     from Banks"           Covered        and Other
                                                                                                                                           Equity
                                                      Entities"                                             Bonds"         Financial
                                                                    International                                                        and Other
                                                                                                                           Services
                                                                    Institutionsl"                                                         Capital
                                                                                                                         Institutions"
                                                                                                                                       Instruments"


  a                b                   c                d                 e               f                   g               h               i
         Government
         Administration,
15       Defence, and                          -                -                -                  -                -               -              -
         Mandatory Social
         Security

16       Education                             -                -                -                  -                -               -              -

         Human Health
17       Activities and                        -             355                 -                  -                -               -              -
         Social Activities
         Arts,
18       Entertainment, and                    -                -                -                  -                -               -              -
         Recreation
         Other Services
19                                             -                -                -                  -                -               -              -
         Activities
         Household
         as Employer
         Activities: Activities
         that produce
20                                             -                -                -                  -                -               -              -
         goods and services
         by households that
         are used to meet
         their own needs
         International
         and Other Extra
21                                             -                -                -                  -                -               -              -
         International
         Activities

22       Household                             -                -                -                  1                -               -              -

         Non-Business
23                                             -                -                -                  -                -               -              -
         Activities

24       Others                       16.432.697        1.334.061                -            367.341                -         411.996              -

 Total                              16.432.697        2.996.405                  -        367.342                    -      1.524.972         50.000




Annual Report 2024                                                      244                                               PT Bank KB Bukopin Tbk
Page 245
                                                                                                                                           (in million IDR)



                                                                                  "Receivables
                                               "Credit                                from
                            "Credit           for Land                              on Micro
         "Credit                                                 "Creditby
                            Secured          Acquisition,                           Business,        "Receivables
       Secured by                                               Employees                                                  Overdue           Other
                             from               Land                                 Small               from
       Residential                                                   or                                                  Receivables         Assets
                          Commercial         Processing                             Business         Corporates"
       Properties"                                               Retirees"
                           Property"             and                                   and
                                            Construction"                            Retail
                                                                                   Portfolio"


            j                 k                   l                 m                  n                  o                  p                   q



                      -                 -                   -                 -                  -                  -                  -                 -



                23.797            511.335                   -                 -             14.986            41.520              22.657                 -


                16.308            106.597                   -                34              1.960            4.000                7.162                 -



                12.850            137.566                   -            301                12.365                  -              3.392                 -


                 10.110           20.458                    -             111               8.650             13.848              6.334                  -




                   809               583                    -                 -                  -                  -                  -                 -




                      -                 -                   -                 -                  -                  -                  -                 -


                715.106            95.729                   -       9.180.807              729.689                  -            782.581                 -

                      -                 -                   -                 -                  -                  -                  -                 -

                      -                 -                   -                 -            524.834        6.081.521                    -       7.435.101

          4.374.066         11.099.573                600          9.188.202          2.377.230         13.323.469          4.755.548        7.435.101




Annual Report 2024                                                  245                                                 PT Bank KB Bukopin Tbk
Page 246
             Risk Management




Disclosure of Net Receivables by Economic Sector - Bank
on Consolidated Basis with Subsidiaries
Table of Net Receivables by Economic Sector - Bank on a Consolidated Basis with Subsidiaries as of December 31, 2024
 2) Disclosure of Net Receivables by Economic Sector - Bank on Consolidated Basis with Subsidiaries


                                                                                                                                                              "Receivables
                                                                                                                                              "Receivables     in the form
                                                                                      "Receivables
                                                                                                                                               Securities           of
                                                                                          from
                                                              "Receivables                                                   "Receivables         from         Securities/
                                       "Receivables                                    Multilateral
                                                               from Public                                 "Receivables      in the form of    Companies      Subordinated
 No.      Economic Sector                  from
                                                                  Sector
                                                                                      Development
                                                                                                           from Banks"          Covered        and Other      Receivables,
                                       Government"                                     Banks and
                                                                 Entities"                                                       Bonds"         Financial         Equity
                                                                                      International
                                                                                                                                                Services        and Other
                                                                                      Institutionsl"
                                                                                                                                              Institutions"      Capital
                                                                                                                                                              Instruments"

  a                  b                          c                      d                       e                f                  g               h               i

         December 31, 2024 (Audited)

         Agriculture,
   1     Forestry, and                                    -                     -                      -                 -                -               -                 -
         Fisheries
         Mining and
   2                                                      -            668.066                         -                 -                -               -                 -
         Excavation

   3     Processing Industry                              -            586.506                         -                 -                -               -                 -

         Electricity, Gas,
         Steam/Hot and
   4                                                      -             508.076                        -                 -                -               -                 -
         Cold Water, Waste
         Water
         Water
         Management, Waste
   5     Water Management,                                -                     -                      -                 -                -               -                 -
         Waste Management
         and Recycling

   6     Construction                                     -                     -                      -                 -                -               -                 -

         Wholesale and
         retail trading; Car
   7     and Motorcycle                                   -                     -                      -                 -                -               -                 -
         Reparation and
         Maintenance
         Transportation and
   8                                                      -             199.998                        -                 -                -               -                 -
         Warehousing
         Transport and
         Warehouse
   9     Accomodation,                                    -                     -                      -                 -                -               -                 -
         food and beverage
         supply
         Information and
  10                                                      -                     -                      -                 -                -               -                 -
         Communication
         Finance and
  11                                                      -                11.053                      -            81.318                -         746.085            50.000
         Insurance Activities

  12     Real Estate                                      -                     -                      -                 -                -               -                 -

         Professional,
  13     Scientific, and                                  -                     -                      -                 -                -               -                 -
         Technical Activities




Annual Report 2024                                                                          246                                                PT Bank KB Bukopin Tbk
Page 247
                                                                                                                                   (in million IDR)



                                                                        "Receivables
                                          "Credit                           from
                       "Credit           for Land                         on Micro
    "Credit                                             "Creditby
                       Secured          Acquisition,                      Business,        "Receivables
  Secured by                                           Employees                                                Overdue
                        from               Land                            Small               from                             Other Assets
  Residential                                               or                                                Receivables
                     Commercial         Processing                        Business         Corporates"
  Properties"                                           Retirees"
                      Property"             and                              and
                                       Construction"                       Retail
                                                                         Portfolio"


       j                 k                   l             m                 n                  o                 p                   q




            12.129           119.447               -                -             77.240            477.375           156.615                    -


             9.756             1.779               -                -              2.149        2.106.536             148.621                    -

            50.219       2.488.931                 -                1             32.118       3.830.389            244.320                      -


              262             13.216               -                -              7.419        1.062.119             248.592                    -




                 -             1.522               -                -                13             182.528             1.502                    -



           317.224           657.142               -                -             77.693            118.185        1.113.161                     -



           713.385       1.187.891                 -            196              221.783         910.896              750.759                    -



           50.506            119.733               -                -             32.861        1.623.951             188.624                    -



            37.155        625.580                  -            476               70.252            147.296       1.085.946                      -



           532.933            9.380                -                -              1.139         462.858                6.771                    -


              257             76.287               -                -            107.328         831.500           358.940                       -

           169.651        346.828                  -                -             22.164            197.727        835.685                       -


              772            657.907               -                -              9.957              9.175            23.028                    -




Annual Report 2024                                                  247                                               PT Bank KB Bukopin Tbk
Page 248
            Risk Management



2) Disclosure of Net Receivables by Economic Sector - Bank on Consolidated Basis with Subsidiaries


                                                                                                                                                          "Receivables
                                                                                                                                          "Receivables     in the form
                                                                                     "Receivables
                                                                                                                                           Securities           of
                                                                                         from
                                                             "Receivables                                                "Receivables         from         Securities/
                                      "Receivables                                    Multilateral
                                                              from Public                                 "Receivables   in the form of    Companies      Subordinated
 No.     Economic Sector                  from
                                                                 Sector
                                                                                     Development
                                                                                                          from Banks"       Covered        and Other      Receivables,
                                      Government"                                     Banks and
                                                                Entities"                                                    Bonds"         Financial         Equity
                                                                                     International
                                                                                                                                            Services        and Other
                                                                                     Institutionsl"
                                                                                                                                          Institutions"      Capital
                                                                                                                                                          Instruments"

  a                 b                          c                      d                       e                f               g               h               i
         Rental and Leasing
         Activities without
         Option Rights,
 14      Employment, Travel                              -                     -                      -            475                -               -              -
         Agencies, and
         Other Business
         Support
         Government
         Administration,
 15      Defence, and                                    -                     -                      -              -                -               -              -
         Mandatory Social
         Security

 16      Education                                       -                     -                      -              -                -               -              -

         Human Health
 17      Activities and                                  -                  164                       -              -                -               -              -
         Social Activities
         Arts, Entertainment,
 18                                                      -                     -                      -              -                -               -              -
         and Recreation
         Other Services
 19                                                      -                     -                      -              -                -               -              -
         Activities
         Household as
         Employer Activities:
         Activities that
         produce goods
 20                                                      -                     -                      -              -                -               -              -
         and services by
         households that
         are used to meet
         their own needs
         International
         and Other Extra
 21                                                      -                     -                      -              -                -               -              -
         International
         Activities

 22      Household                                       -                     -                      -              1                -               -              -

         Non-Business
 23                                                      -                     -                      -              -                -               -              -
         Activities

 24      Others                             16.364.694                1.413.912                       -        428.273                -         161.996              -

 Total                                    16.364.694               3.387.776                          -       510.067                 -        908.081         50.000




Annual Report 2024                                                                         248                                             PT Bank KB Bukopin Tbk
Page 249
                                                                                                                                  (in million IDR)



                                                                       "Receivables
                                         "Credit                           from
                      "Credit           for Land                         on Micro
    "Credit                                            "Creditby
                      Secured          Acquisition,                      Business,        "Receivables
  Secured by                                          Employees                                                Overdue
                       from               Land                            Small               from                             Other Assets
  Residential                                              or                                                Receivables
                    Commercial         Processing                        Business         Corporates"
  Properties"                                          Retirees"
                     Property"             and                              and
                                      Construction"                       Retail
                                                                        Portfolio"


       j                k                   l             m                 n                  o                 p                   q




           40.521           30.283                -                -             22.713            536.552           40.866                     -




                -                 -               -                -                  -                  -                 -                    -



           10.482           537.257               -                -            123.753            817.093           28.470                     -


            1.492           365.813               -                -             24.391            740.547            74.745                    -


            9.920             6.423               -            130               6.945                858              3.772                    -


           10.095              502                -                -              9.607             70.170            7.809                     -




             659                  -               -                -                  -            48.645               445                     -




                -                 -               -                -                  -                  -                 -                    -


       1.447.786             55.738               -      10.316.024             747.537             17.657         805.587                      -

            3.552                 -               -           8.642               3.771               532             1.444                     -

                -                 -               -                -            527.402         7.412.141                  -         7.528.535

     3.418.756         7.301.660                  -    10.325.470          2.128.233        21.604.728          6.125.701          7.528.535




Annual Report 2024                                                 249                                               PT Bank KB Bukopin Tbk
Page 250
          Risk Management




                                                                                                                                    "Receivables
                                                                                                                  "Receivables       in the form
                                                               "Receivables
                                                                                                                   Securities             of
                                                                   from                            "Receivables
                                             "Receivables                                                             from           Securities/
                              "Receivables                      Multilateral                        in the form
           Economic                           from Public                           "Receivables                   Companies        Subordinated
 No.                              from                         Development                               of
            Sector            Government"
                                                 Sector
                                                                Banks and
                                                                                    from Banks"
                                                                                                     Covered
                                                                                                                   and Other        Receivables,
                                                Entities"                                                           Financial           Equity
                                                               International                          Bonds"
                                                                                                                    Services          and Other
                                                               Institutionsl"
                                                                                                                  Institutions"        Capital
                                                                                                                                    Instruments"

    a           b                  c              d                  e                   f              g              h                 i

        December 31, 2023 (Audited)

        Agriculture,
1       Forestry, and                    -                 -                    -              -              -                 -                 -
        Fisheries
        Mining and
2                                        -         895.422                      -              -              -                 -                 -
        Excavation
        Processing
3                                        -         446.566                      -              -              -                 -                 -
        Industry
        Electricity, Gas,
        Steam/Hot and
4                                        -        300.000                       -              -              -                 -                 -
        Cold Water, Waste
        Water
        Water
        Management,
        Waste Water
5       Management,                      -                 -                    -              -              -                 -                 -
        Waste
        Management and
        Recycling

6       Construction                     -                 -                    -              -              -                 -                 -

        Wholesale and
        retail trading; Car
7       and Motorcycle                   -                 -                    -              -              -            2.193                  -
        Reparation and
        Maintenance
        Transportation
8                                        -            20.000                    -              -              -                 -                 -
        and Warehousing
        Transport and
        Warehouse
9       Accomodation,                    -                 -                    -              -              -                 -                 -
        food and
        beverage supply
        Information and
10                                       -                 -                    -              -              -                 -                 -
        Communication
        Finance and
11      Insurance                        -                 -                    -              -              -         1.110.784            50.000
        Activities

12      Real Estate                      -                 -                    -              -              -                 -                 -

        Professional,
        Scientific,
13                                       -                 -                    -              -              -                 -                 -
        and Technical
        Activities




Annual Report 2024                                                  250                                            PT Bank KB Bukopin Tbk
Page 251
                                                                                                                                  (in million IDR)



                                                                       "Receivables
                                        "Credit                            from
                     "Credit           for Land                          on Micro
  "Credit                                             "Creditby
                     Secured          Acquisition,                       Business,        "Receivables
Secured by                                           Employees                                                 Overdue
                      from               Land                             Small               from                             Other Assets
Residential                                               or                                                 Receivables
                   Commercial         Processing                         Business         Corporates"
Properties"                                           Retirees"
                    Property"             and                               and
                                     Construction"                        Retail
                                                                        Portfolio"


     j                 k                   l             m                  n                  o                 p                   q




         40.564            234.392               -           4.674               74.344            541.543           146.987                    -


          17.450            20.961               -                 -              7.904            651.982           577.618                    -


         253.455       1.686.185                 -                11         203.046           3.202.093              64.636                    -



         112.205           97.864                -             86                 4.332        1.409.177             184.576                    -




           4.742             2.832               -                 -                  -            43.096                  -                    -




         776.076        1.181.719              600                 -            114.006            251.470        1.157.579                     -



         769.720       2.424.048                 -            558            330.882           1.201.763          638.836                       -



         190.326           946.215               -           1.232              275.080            763.341         504.087                      -



         413.615       2.736.113                 -                36            109.727            139.482           285.635                    -



         561.121            31.178               -                 -               100             120.802             2.939                    -


          19.176           28.556                -                 -         408.332            644.780              207.864                    -


         362.432           811.691               -             111               33.303            314.805        209.540                       -


          20.196           176.604               -                 -              5.654              7.980            21.495                    -




Annual Report 2024                                                 251                                                PT Bank KB Bukopin Tbk
Page 252
           Risk Management




                                                                                                                                         "Receivables
                                                                                                                      "Receivables        in the form
                                                               "Receivables
                                                                                                                       Securities              of
                                                                   from                                "Receivables
                                              "Receivables                                                                from            Securities/
                              "Receivables                      Multilateral                            in the form
            Economic                           from Public                          "Receivables                       Companies         Subordinated
 No.                              from                         Development                                   of
             Sector           Government"
                                                  Sector
                                                                Banks and
                                                                                    from Banks"
                                                                                                         Covered
                                                                                                                       and Other         Receivables,
                                                 Entities"                                                              Financial            Equity
                                                               International                              Bonds"
                                                                                                                        Services           and Other
                                                               Institutionsl"
                                                                                                                      Institutions"         Capital
                                                                                                                                         Instruments"

  a               b                c               d                 e                   f                  g              h                  i
         Rental and
         Leasing Activities
         without
         Option Rights,
14                                        -                -                    -                  -              -                  -              -
         Employment,
         Travel Agencies,
         and Other
         Business Support
         Government
         Administration,
15       Defence, and                     -                -                    -                  -              -                  -              -
         Mandatory Social
         Security

16       Education                        -                -                    -                  -              -                  -              -

         Human Health
17       Activities and                   -             355                     -                  -              -                  -              -
         Social Activities
         Arts,
18       Entertainment,                   -                -                    -                  -              -                  -              -
         and Recreation
         Other Services
19                                        -                -                    -                  -              -                  -              -
         Activities
         Household
         as Employer
         Activities:
         Activities that
20       produce goods                    -                -                    -                  -              -                  -              -
         and services by
         households that
         are used to meet
         their own needs
         International
         and Other Extra
21                                        -                -                    -                  -              -                  -              -
         International
         Activities

22       Household                        -             196                     -                  1              -                  -              -

         Non-Business
23                                        -              21                     -                  -              -                  -              -
         Activities

24       Others                  17.656.442        1.334.061                    -            401.476              -            411.996              -

 Total                          17.656.442       2.996.622                      -        401.476                  -       1.524.972           50.000




Annual Report 2024                                                  252                                                PT Bank KB Bukopin Tbk
Page 253
                                                                                                                                              (in million IDR)



                                                                                   "Receivables
                                                    "Credit                            from
                                 "Credit           for Land                          on Micro
              "Credit                                             "Creditby
                                 Secured          Acquisition,                       Business,        "Receivables
            Secured by                                           Employees                                                 Overdue
                                  from               Land                             Small               from                             Other Assets
            Residential                                               or                                                 Receivables
                               Commercial         Processing                         Business         Corporates"
            Properties"                                           Retirees"
                                Property"             and                               and
                                                 Construction"                        Retail
                                                                                    Portfolio"


                 j                 k                   l             m                  n                  o                 p                   q




                      75.149            38.642               -             241               15.481            485.934             6.687                    -




                           -                 -               -                 -                  -                  -                 -                    -



                     24.284            693.689               -                 -             78.376            777.312           30.828                     -


                     16.380            285.870               -                34             11.562            423.822           36.345                     -



                      14.114           137.566               -             301               16.743            174.288             3.392                    -


                      10.110            20.458               -              111              8.650              13.848             6.334                    -




                        809               583                -                 -                  -             49.483                 -                    -




                           -                 -               -                 -                  -                  -                 -                    -


                     818.952            95.729               -       9.242.600              747.629             24.670           816.326                    -

                      8.244                  -               -           15.596                842              54.059              473                     -

                           -                 -               -                 -            524.834        6.081.521                   -          7.971.831

4.509.121       4.509.121        11.650.895                600     9.265.591          2.970.828          17.377.250         4.902.177           7.971.831




            Annual Report 2024                                                 253                                                PT Bank KB Bukopin Tbk
Page 254
             Risk Management




Disclosure of Billings and Reserves by Region - Bank Individually
Table of Receivables and Reserves Disclosure by Region - Bank Individually as of December 31, 2024
 1) Disclosure of Net Receivables by Region- Bank Individually                                                                                                              (in million IDR)


                                                                            December 31, 2024                                            December 31, 2023
                                                                                (Audited)                                                    (Audited)
 No.                  Description
                                                                                    Regions                                                        Regions

                                                            Java           Sumatera          Others         Total          Java         Sumatera             Others              Total

     a                        b                                  c              d                e            h                 i              j                   k                 n

     1     Receivables                                    68.049.057         2.549.151       4.810.513     75.408.721    62.469.306        3.275.166          5.591.413
                                                                                                                                                                              71.335.885

     2     Impaired Receivables                             7.784.248          728.929         941.845      9.455.022     8.573.894           412.375          670.399        9.656.668

           a. Non-Past Due                                 1.250.208           118.371          179.675     1.548.253     2.261.363            50.415             90.738       2.402.516

           b. Past Due                                      6.534.041         610.558           762.171     7.906.769     6.312.530           361.960             579.661       7.254.152

     3     CKPN - Stage 1                                        369.466          31.142         70.778      471.386        384.774            32.677             55.647         473.098

     4     CKPN - Stage 2                                        351.491          17.521         15.392      384.403        784.033                5.168            7.042        796.244

     5     CKPN - Stage 3                                   1.372.760         246.226          343.400      1.962.386      1.741.708          125.237             271.356      2.138.301

     6     Written-Off Receivables                                                                         15.035.697                                                         12.523.033



Disclosure of Receivables and Reserves by Region - Bank
on Consolidated Basis with Subsidiaries
Table of Receivables and Reserves Disclosure by Region - Bank on a Consolidated Basis with Subsidiaries as of December 31, 2024


 2) Disclosure of Receivables and Reserves by Region - Bank on a Consolidated Basis with Subsidiaries                                                                     (in million IDR)


                                                                           December 31, 2024                                            December 31, 2023
                                                                               (Audited)                                                    (Audited)
 No.                  Description
                                                                                  Regions                                                          Regions

                                                           Java            Sumatera        Others          Total          Java         Sumatera            Others             Total

     a                        b                              c                d                e             h              i             j                   k                  n

 1        Receivables                                    73.280.173         3.521.580       5.228.659     82.030.412    68.345.464      4.307.231          6.253.584        78.906.278

 2        Impaired Receivables                           8.380.648           882.692        1.009.723     10.273.063     8.586.416       443.536             711.242          9.741.194

          a. Non-Past Due                                  1.519.121         219.640          203.134      1.941.895     2.633.965        110.173            150.211         2.894.348

          b. Past Due                                     6.861.527          663.052          806.589      8.331.168     6.481.087       408.621             655.690         7.545.398

 3        CKPN - Stage 1                                     419.121          39.874            74.207      533.202       440.700         41.905             317.388            799.993

 4        CKPN - Stage 2                                    383.495            19.267          15.604       418.367       805.880             5.933               8.124         819.937

 5        CKPN - Stage 3                                  1.504.222          259.033          357.426      2.120.681     1.822.385       142.407             319.660         2.284.452

 6        Written-Off Receivables                                                                         15.323.020                                                          13.111.741




Annual Report 2024                                                                          254                                                       PT Bank KB Bukopin Tbk
Page 255
Disclosure of Receivables and Reserves by Economic Sector - Bank Individually
Table of Receivables and Provisions Disclosure by Economic Sector - Bank Individually as of December 31, 2024
 1) Disclosure of Receivables and Provisions by Economic Sector - Banks Individually                                                                               (in million IDR)




                                                                                       Impaired Receivables

                                                                                                                      CKPN           CKPN           CKPN          Written-Off
 No.                   Economic Sector                          Receivables
                                                                                                                     Stage 1        Stage 2        Stage 3        Receivables
                                                                                       Non-past
                                                                                                      Past Due
                                                                                         Due


   a                               b                                    c                 d              e              f             g               h                 i

          December 31, 2024 (Audited)

   1      Agriculture, Forestry, and Fisheries                           755.807              7.867      216.267            5.941          448        63.267

   2      Mining and Excavation                                       2.643.599                   -      157.587       30.643             1.862           7.482

   3      Processing Industry                                         6.684.449           217.625       364.803         48.235         56.812         89.975

          Electricity, Gas, Steam/Hot and Cold
   4                                                                   1.635.790            2.263        281.979        16.731         26.249         47.438
          Water, Waste Water
          Water Management, Waste Water
   5      Management, Waste Management and                               185.608                  -          1.558          2.213           56                -
          Recycling
   6      Construction                                                 2.189.907          103.871      1.218.904        10.818        44.639          97.105
          Wholesale and retail trading; Car
   7      and Motorcycle Reparation and                                 3.175.851         138.027       868.260         27.521        56.205         195.647
          Maintenance
   8      Transportation and Warehousing                               1.706.930           18.492       265.070         17.344            3.074       79.084
          Transport and Warehouse
   9      Accomodation, food and beverage                              1.849.611          151.935      1.233.676            5.859     39.966         132.784
          supply

  10      Information and Communication                                  919.398            5.269            8.140      11.100             341            1.201

  11      Finance and Insurance Activities                              2.177.172          47.499        570.742       20.950          32.642        200.421

  12      Real Estate                                                  1.453.410         200.867        912.033             4.190     70.486          14.088
          Professional, Scientific, and Technical
  13                                                                    700.598               5.615       25.575            8.228          244            5.782
          Activities

          Rental and Leasing Activities without
  14      Option Rights, Employment, Travel                             520.598           26.344         30.050             5.908         1.564        7.809
          Agencies, and Other Business Support

          Government Administration, Defence,
  15                                                                             -                -              -              -             -               -
          and Mandatory Social Security

  16      Education                                                      410.756          319.464        31.594              830      10.868           2.603

          Human Health Activities and Social
  17                                                                    362.506           18.406         17.503             4.042          855            3.143
          Activities

  18      Arts, Entertainment, and Recreation                             28.582               359           5.115           340            48         1.344

  19      Other Services Activities                                         31.097         6.053         23.964               12           368        16.751

          Household as Employer Activities:
          Activities that produce goods and
  20                                                                        1.296              696            600               -           37             155
          services by households that are used
          to meet their own needs
          International and Other Extra
  21                                                                             -                -              -              -             -               -
          International Activities



Annual Report 2024                                                                         255                                                    PT Bank KB Bukopin Tbk
Page 256
            Risk Management



1) Disclosure of Receivables and Provisions by Economic Sector - Banks Individually                                                                                (in million IDR)




                                                                                      Impaired Receivables

                                                                                                                       CKPN           CKPN           CKPN         Written-Off
 No.                  Economic Sector                          Receivables
                                                                                                                      Stage 1        Stage 2        Stage 3       Receivables
                                                                                      Non-past
                                                                                                      Past Due
                                                                                        Due


     a                            b                                    c                  d               e              f              g              h                i

     22   Household                                                 14.084.934           275.624        1.671.601       224.938         37.326        950.118

     23   Non-Business Activities                                           7.814             1.978           1.750            49            139           307

     24   Others                                                    33.883.007                    -               -      25.494              175       45.881

 Total                                                              75.408.721         1.548.253       7.906.769        471.386       384.403       1.962.386       15.035.697



                                                                                                                                                                   (in million IDR)



                                                                                      Impaired Receivables
                                                                                                                       CKPN           CKPN           CKPN         Written-Off
 No.                 Economic Sector                           Receivables
                                                                                                                      Stage 1        Stage 2        Stage 3       Receivables
                                                                                      Non-past
                                                                                                      Past Due
                                                                                        Due

     a                           b                                     c                 d               e               f             g              h                 i

          December 31, 2023 (Audited)

1         Agriculture, Forestry, and Fisheries                          924.532                968       186.681        10.038          29.913          9.953

2         Mining and Excavation                                      2.355.983               3.407           3.407      18.980              130       282.307

3         Processing Industry                                         5.557.796          108.910         108.910        68.876          38.442         70.782

          Electricity, Gas, Steam/Hot and Cold
4                                                                     1.837.904                  -               -       20.781          9.554         8.859
          Water, Waste Water

          Water Management, Waste Water
 5        Management, Waste Management and                                 50.799          1.828           1.828               617          137             43
          Recycling

6         Construction                                                3.633.799         486.028         486.028          25.235        301.130        90.043

          Wholesale and retail trading; Car
7         and Motorcycle Reparation and                               4.929.221          230.421         230.421         49.441        117.602        267.298
          Maintenance

 8        Transportation and Warehousing                              2.341.064           20.612          20.612         21.642         23.160        154.331

          Transport and Warehouse
 9        Accomodation, food and beverage                             3.625.104         1.113.269       1.113.269        29.243        180.175            7.016
          supply

 10       Information and Communication                                 718.492                  -               -           9.017             -          1.326

 11       Finance and Insurance Activities                           2.926.984            30.651          30.651         31.939            3.023      80.453

 12       Real Estate                                                 1.430.061            4.893           4.893         15.114         11.962         31.188

          Professional, Scientific, and Technical
 13                                                                     243.984            6.969           6.969             2.601             -       10.318
          Activities

          Rental and Leasing Activities without
 14       Option Rights, Employment, Travel                            632.048               5.736           5.736           8.087           511       14.857
          Agencies, and Other Business Support

          Government Administration, Defence,
 15                                                                             -                -               -               -             -              -
          and Mandatory Social Security


Annual Report 2024                                                                        256                                                      PT Bank KB Bukopin Tbk
Page 257
                                                                                                                                                                                     (in million IDR)



                                                                                      Impaired Receivables
                                                                                                                             CKPN               CKPN                CKPN            Written-Off
 No.                 Economic Sector                          Receivables
                                                                                                                            Stage 1            Stage 2             Stage 3          Receivables
                                                                                      Non-past
                                                                                                         Past Due
                                                                                        Due

     a                           b                                     c                    d                  e                  f                 g                 h                    i

 16      Education                                                     620.510                      -                  -              7.900              403              5.333

         Human Health Activities and Social
 17                                                                    150.070               4.609              4.609                 1.819                   -          13.875
         Activities

 18      Arts, Entertainment, and Recreation                           229.681             189.380           189.380                   439          59.999                 774

 19      Other Services Activities                                         61.393                   -                  -               685                    -           1.636

         Household as Employer Activities:
         Activities that produce goods and
 20                                                                         1.478               878                878                    8               86                    -
         services by households that are used
         to meet their own needs
         International and Other Extra
 21                                                                             -                   -                  -                  -                   -                 -
         International Activities

 22      Household                                                 12.569.498              191.479             191.479            107.780           19.747          1.075.953

 23      Non-Business Activities                                                -                   -                  -                  -                   -                 -

 24      Others                                                     22.329.722                      -                  -          42.639                 239             11.466

 Total                                                              67.170.123         2.400.037           2.585.749          472.882            796.212            2.137.811         12.523.033




Disclosure of Receivables and Reserves by Economic Sector
- Bank on a Consolidated Basis with Subsidiaries
Table of Receivables and Reserves Disclosure by Economic Sector - Bank on a Consolidated Basis with Subsidiaries as of
December 31, 2024
 2) Disclosure of Receivables and Provisions by Economic Sector - Bank Consolidated with Subsidiaries                                                                                 (in million IDR)




                                                                                    Impaired Receivables
                                                                                                                            CKPN               CKPN                CKPN             Written-Off
 No.                Economic Sector                        Receivables
                                                                                                                           Stage 1            Stage 2             Stage 3           Receivables
                                                                                Non-past
                                                                                                        Past Due
                                                                                  Due

     a                          b                                  c                   d                   e                  f                 g                    h                    i

          December 31, 2024 (Audited)

 1        Agriculture, Forestry, and Fisheries                     907.180                 7.867          220.566                 7.420                 448          63.953

 2        Mining and Excavation                                   2.951.541                8.637          160.638             36.478                2.285            10.028

 3        Processing Industry                                    7.381.458             222.016             371.617            55.213             56.903              91.754

          Electricity, Gas, Steam/Hot and
 4                                                               1.913.388                 2.263           321.952            19.107             26.249              47.854
          Cold Water, Waste Water
          Water Management, Waste Water
 5        Management, Waste Management                             186.402                      -              2.339              2.213                  56               781
          and Recycling
 6        Construction                                           2.425.520             128.069            1.250.171           12.687             44.961              101.162

          Wholesale and retail trading; Car
 7        and Motorcycle Reparation and                          4.041.716            289.802            1.001.508            33.538             64.707             251.524
          Maintenance


Annual Report 2024                                                                          257                                                                   PT Bank KB Bukopin Tbk
Page 258
            Risk Management



2) Disclosure of Receivables and Provisions by Economic Sector - Bank Consolidated with Subsidiaries                                                                       (in million IDR)




                                                                                Impaired Receivables
                                                                                                                       CKPN             CKPN              CKPN           Written-Off
 No.               Economic Sector                        Receivables
                                                                                                                      Stage 1          Stage 2           Stage 3         Receivables
                                                                               Non-past
                                                                                                  Past Due
                                                                                 Due

    a                          b                                  c                  d                   e                f                g                h                  i

         December 31, 2024 (Audited)

8        Transportation and Warehousing                         2.301.525             18.492             272.198          23.497               3.074        85.693

         Transport and Warehouse
9        Accomodation, food and beverage                        2.140.263            218.923           1.251.989              8.056        40.640           137.675
         supply

10       Information and Communication                           1.015.123               5.269               8.416        12.030                341             1.477

11       Finance and Insurance Activities                       2.495.939             82.214             575.158          23.748           51.800          202.555

12       Real Estate                                             1.656.731          200.867             917.090               5.736        70.486            16.933

         Professional, Scientific, and
13                                                                706.866                5.615           28.942               8.257             244             5.935
         Technical Activities
         Rental and Leasing Activities
         without Option Rights,
14                                                                683.390             53.980             51.480               7.119            1.841         11.346
         Employment, Travel Agencies, and
         Other Business Support
         Government Administration,
15       Defence, and Mandatory Social                                   90                  -                 90                 -                -               90
         Security

16       Education                                              1.530.765            332.893             32.009           11.813           11.018               2.904

         Human Health Activities and Social
17                                                               1.211.296             67.917            78.233           11.496               4.611         17.036
         Activities
         Arts, Entertainment, and
18                                                                    29.439              359                5.115             349               48             1.344
         Recreation

19       Other Services Activities                                122.043                8.727           30.231               1.031             434         22.728

         Household as Employer Activities:
         Activities that produce goods and
20                                                                 50.049                 696                 709              486               37              264
         services by households that are
         used to meet their own needs
         International and Other Extra
21                                                                       42                  -                 42                 -                -               42
         International Activities

22       Household                                             14.377.809            283.979           1.748.536         227.374           39.045          999.281

23       Non-Business Activities                                      18.393           3.308                 1.756             438              152              313

24       Others                                               33.883.390                     -                381         25.494                175         46.262

 Total                                                    82.030.360           1.941.895         8.331.167           533.578          419.557          2.118.933        15.323.020




Annual Report 2024                                                                        258                                                           PT Bank KB Bukopin Tbk
Page 259
                                                                                                                                               (in million IDR)



                                                                   Impaired Receivables
                                                                                                   CKPN           CKPN          CKPN          Written-Off
 No.              Economic Sector               Receivables
                                                                                                  Stage 1        Stage 2       Stage 3        Receivables
                                                                   Non-past
                                                                                   Past Due
                                                                     Due

   a                       b                         c                 d              e              f             g              h                 i

         December 31, 2023 (Audited)

    1    Agriculture, Forestry, and Fisheries       1.082.237         158.586        186.768         11.562        29.966          9.953

    2    Mining and Excavation                      2.456.787         100.653          6.804         19.953             465     285.094

    3    Processing Industry                        5.988.110         517.090        110.300         72.388        38.892         71.079

         Electricity, Gas, Steam/Hot and
    4                                               2.127.060         289.156                -      23.650             9.557       8.859
         Cold Water, Waste Water

         Water Management, Waste Water
    5    Management, Waste Management                    50.799         1.828           1.828             617           137             43
         and Recycling

    6    Construction                               3.860.327         683.241         514.795       26.902         301.597        93.295
         Wholesale and retail trading; Car
    7    and Motorcycle Reparation and              5.941.039        1.125.783       346.886        56.807         120.114       276.630
         Maintenance

   8     Transportation and Warehousing             2.862.916         440.216         40.639         26.218         24.095       168.982

         Transport and Warehouse
    9    Accomodation, food and beverage            3.873.627        1.357.092       1.117.970       31.679        180.175         7.803
         supply
   10    Information and Communication                790.011           71.519                -          9.733             -          1.326
   11    Finance and Insurance Activities           3.089.305          191.417        32.206         33.190          3.384       80.586
   12    Real Estate                                1.594.703         165.316             9.112      16.609         11.971        31.415
         Professional, Scientific, and
   13                                                 263.370          20.777          12.546            2.737             -      10.496
         Technical Activities
         Rental and Leasing Activities
         without Option Rights,
   14                                                 792.707         161.780          10.350            9.482          661       14.976
         Employment, Travel Agencies, and
         Other Business Support
         Government Administration,
   15    Defence, and Mandatory Social                         -               -              -              -             -              -
         Security
   16    Education                                  1.607.499         986.812              177       17.464             519           5.339
         Human Health Activities and Social
   17                                                 792.818         611.390          35.182            7.301          792       14.434
         Activities
   18    Arts, Entertainment, and Recreation          255.387         190.086        189.380             1.068      59.999             774
   19    Other Services Activities                       241.812      178.782             1.639          2.439           26           3.193
         Household as Employer Activities:
         Activities that produce goods and
   20                                                    50.792        50.192              878            502            86               -
         services by households that are
         used to meet their own needs
         International and Other Extra
   21                                                          -               -              -              -             -              -
         International Activities
   22    Household                                 12.835.876         397.361         251.976      109.560          20.011      1.100.247

   23    Non-Business Activities                         78.952         78.157             795            329            15            123

   24    Others                                    22.384.411              3.393       52.199        42.650             239       66.952

 Total                                             73.020.545       7.780.625       2.922.428      522.837        802.702      2.251.600        12.523.033




Annual Report 2024                                                         259                                                 PT Bank KB Bukopin Tbk
Page 260
         Risk Management




Counterparty Credit Risk Disclosure

                                   Indonesia
                            Bank should provide:
(a)Risk management objectives and policies related to counterparty credit risk,
including:
(b)Method used to apply operating limits defined on internal capital for counterparty
credit exposures and for CCP exposures;                                               For both Repo and Reverse Repo Transactions, KB Bank refers to
                                                                                      OJK Circular Letter No.24/SEOJK.03/2021 concerning Guidelines for
(c)Policies relating to guarantees and risk mitigation as well as assessment of Calculating Risk-Weighted Assets for Credit Risk using a standard
counterparty risk, including exposure towards CCPs;                                   approach.
(d)Policy regarding wrong-way risk exposure;

(e)Impact on the value of collateral required to provide credit rating downgrade.


Net Receivables Analysis Credit Risk due to counterparty failure based on the approach used

                                                          Potential                                Alpha is
                                   Replacement             Future                                  used for             Net
 No                                 Cost (RC)             Exposure
                                                                                 EEPE
                                                                                                regulatory EAD      Receivables
                                                                                                                                           ATMR
                                                            (PFE)                                calculations

1     SA-CCR (for derivatives)               12.054              15.269                                      1,4            38.252                7.650
      Internal Model Method
2     (for derivatives and                                                                                                    N/A                  N/A
      SFTs)
      Simple Approach for
3     credit risk mitigation                                                                                                  N/A                  N/A
      (for SFTs)

      Comprehensive
4     Approach for credit risk                                                                                                N/A                  N/A
      mitigation (for SFTs)

 5     VaR for SFTs                                                                                                           N/A                  N/A

6     Total                                                                                                                                       7.650


                                                                 Qualitative Analysis

 In accordance with SEOJK Number 48/SEOJK.03/2017, the Calculation of Credit Risk ATMR due to counterparty failure with the Standard Approach
   Method for Bank Derivative Transactions uses the Replacement Cost calculation analysis method for derivative transactions without margin.



CCR Exposure by Portfolio Category and Risk Weight

                      Table of CCR Exposure by Portfolio Category and Risk Weight as of December 31, 2024
                                               a           b           c          d         e           f           g          h              i

              Risk Weight                                                                                                              Total of Net
                                               0%         10%         20%        50%       75%        100%         150%    Others
                                                                                                                                       Receivables

Portfolio Category                                                                                                                                    -

Receivables from Government                           -                                                                                               -

Receivables from Public Sector Entities                                                                                                               -
Receivables from Multilateral
Development Banks and International                                                                                                                   -
Institutions



Annual Report 2024                                                         260                                              PT Bank KB Bukopin Tbk
Page 261
                    Table of CCR Exposure by Portfolio Category and Risk Weight as of December 31, 2024
                                              a          b              c          d         e         f          g               h            i

             Risk Weight                                                                                                                  Total of Net
                                             0%         10%            20%        50%       75%       100%       150%       Others
                                                                                                                                          Receivables

Receivables from Banks                                                                                                                               -

Receivables from Securities Companies                                                                                                                -

Receivables on Corporations                                                                                                                          -

Receivables on Micro Businesses, Small
                                                                                                                                                     -
Businesses, and Retail Portfolio

 Other assets                                                                                                                                        -

Total                                             -           -              -          -         -          -          -             -              -

                                                                  Qualitative Analysis

    Counterparty Credit Risk exposure in December 2024 comes from repo and reverse repo instruments, classified in the category of Government
    Receivables portfolio with a risk weight of 0%. In December 2024, PT Bank KB Bukopin, Tbk does not have repo and reverse repo instruments.



Net Credit Derivatives Receivables (CCR 6)

                             Table of Credit Derivative Net Receivables (CCR 6) as of December 31, 2024
                                                                   a                                                        b
                                                       Protection bought                                          Protection sold
Notional Value
Single-name credit default swaps

Index credit default swaps

Total return swaps
Credit options

Derivatif kredit lainnya

Total of Notional Value
Fair value
Positive Fair Value(asset)

Negative Fair Value (obligation)
                                                                  Qualitative Analysis

          As of December 31, 2024, PT Bank KB Bukopin, Tbk did not have any net credit derivative receivables (counterparty credit risk).




Annual Report 2024                                                          261                                                 PT Bank KB Bukopin Tbk
Page 262
          Risk Management



Qualitative Disclosures Regarding Securitization Exposures (SECA)

                              Qualitative Disclosure

 A) Banks should describe the risk management objectives and policies for
 securitization activities and the main features of these activities based on the
 framework below. If the bank has securitization positions on the statement of
 financial position and off-balance sheet transactions, the bank should explain
 the points below with different activities in each regulatory book.




                                                                                       As an effort to diversify risk, the Company places a number of
                                                                                       portfolios in the form of securitization or Collective Investment
                                                                                       Contracts for Asset-Backed Securities (KIK EBA). The Company
 The bank's objectives related to securitization and re-securitization activities, has carried out the first securitization of a collection of pension
 including the activity of transferring credit risk from the underlying securitization credit receivables which were then transferred to the Collective
 exposure from the bank to another entity, the type of risk assumed and the type Investment Contract for Asset-Backed Securities Bahana PT
 of risk retained.                                                                     Bank KB Bukopin Tbk - Collection of Transferred Pension Credit
                                                                                       Receivables (KIK EBA BB). Furthermore, KIK-EBA BB issued Asset-
                                                                                       Backed Securities (EBA) which is a form of participation in joint
                                                                                       ownership of the Collection of Receivables




Securitization Exposure in Banking Book
Table of Securitization Exposure in Banking Book as of December 31, 2024


                                    a              b            c             e               f          g             i                j            k

                                    Bank acts as originator                       Bank acts as sponsor                     Banks acts as investor
 No
                                                                                                                                                    Sub-
                              Tradisional     Synthetic     Subtotal     Tradisional      Synthetic   Subtotal   Tradisional        Synthetic
                                                                                                                                                    total
       Retail (total) – of
 1                                        -             -            -                -           -          -         119.600              -       119.600
       which
       residential
 2
       mortgage

 3     credit card

       other retail
 4                                                                                                                     119.600                      119.600
       exposures

 5     re-securitisation

       Wholesale (total) –
 6                                        -             -            -                -           -          -                  -           -               -
       of which

 7     loans to corporates

       commercial
 8
       mortgage
       lease and
 9
       receivables

 10    other wholesale

 11    re-securitisation



                                                                 Qualitative Analysis

          As of December 2024, the Bank's entire securitization exposure will only be in the Banking Book where the Bank is an investor.




Annual Report 2024                                                       262                                                  PT Bank KB Bukopin Tbk
Page 263
Securitization Exposure in Trading Book
Table Securitization Exposure in Trading Book as of December 31, 2024
                                 a             b             c             e               f          g            i             j          k

                                  Bank acts as originator                      Bank acts as sponsor                Banks acts as investor
 No
                                                                                                                                         Sub-
                             Tradisional    Synthetic    Subtotal     Tradisional      Synthetic   Subtotal   Tradisional    Synthetic
                                                                                                                                         total
      Retail (total) – of
 1                                      -            -           -                 -           -          -              -           -           -
      which

 2    residential mortgage

 3    credit card

      other retail
 4
      exposures

 5    re-securitisation

      Wholesale (total) –
 6                                      -            -           -                 -           -          -              -           -           -
      of which

 7    loans to corporates

      commercial
 8
      mortgage
      lease and
 9
      receivables

 10   other wholesale

 11   re-securitisation

                                                            Qualitative Analysis

                             As of December 2024, the Bank has no securitization exposure in the Trading Book




Annual Report 2024                                                   263                                               PT Bank KB Bukopin Tbk
Page 264
         Risk Management




Securitization exposure in the banking book when the bank is
the originator or sponsor and its capital requirements
Table of Securitization Exposures in the Banking Book and Related Capital Requirements - Banks Acting as Originators or
Sponsors as of December 31, 202
                              a             b           c             d              e               f           g            h         i

                                                                                                             Exposure Values
                                     Exposure Values (based on Risk Weight)
                                                                                                      (based on regulatory approach)

 No                                                                ">100%
                                         ">20% to   ">50% to
                           "≤20%                                      to           "1250%         "IRB RBA
                                           50%        100%                                                                                          "IRB
                            Risk                                   <1250%            Risk        (including   IRB SFA       SA/SSFA   1250%
                                           Risk        Risk                                                                                     (includin
                           Weight"                                   Risk          Weight"          IAA)"
                                          Weight"    Weight"
                                                                   Weight"



 1    Total exposure                 -          -             -              -               -                          -         -         -

      Traditional
 2
      securitisation
      Of which
 3
      securitisation

 4    retail

 5    non-retail

      Of which re-
 6
      securitisation

 7    Senior

 8    Non-Senior

      Synthetic
 9
      securitisation
      Of which
 10
      securitisation

 11   retail

 12   Non-retail

      Of which re-
 13
      securitisation

 14   Senior

 15   Non-senior

                                                            Qualitative Analysis

                            As of December 2024, the Bank has no securitization exposure in the banking book
                                  when the bank is the originator or sponsor and its capital requirements




Annual Report 2024                                                264                                                PT Bank KB Bukopin Tbk
Page 265
                  j                 k                l                   m              n         o                  p                q

                                           ATMR
                                                                                                 Capital charge after cap
                                (based regulatory approach)




RBA                                                                   "IRB RBA
               IRB SFA          SA/SSFA            1250%                              IRB SFA   SA/SSFA            1250%            1250%
ng IAA)"                                                          (including IAA)"




                                           -                  -                  -                        -                   -              -




           Annual Report 2024                                                   265                                      PT Bank KB Bukopin Tbk
Page 266
           Risk Management




                                a             b           c             d                e           f             g           h            i

                                                                                                                Exposure Values
                                        Exposure Values (based on Risk Weight)
                                                                                                         (based on regulatory approach)


 No                                                                  ">100%
                                          ">20% to    ">50% to
                              "≤20%                                     to        "1250%          "IRB RBA
                                            50%         100%                                                                                            "IRB
                               Risk                                  <1250%         Risk         (including     IRB SFA     SA/SSFA     1250%
                                            Risk         Risk                                                                                       (includin
                              Weight"                                  Risk       Weight"           IAA)"
                                           Weight"     Weight"
                                                                     Weight"



1       Total exposure                            -           -             -                -                         -           -            -
                          -
        Traditional
2
        securitisation
        Of which
3
        securitisation

4       retail                                                                      119.600                                               119.600

5       non-retail

        Of which re-
6
        securitisation

7       Senior

8       Non-Senior

        Synthetic
9
        securitisation
        Of which
10
        securitisation

11      retail

12      Non-retail

        Of which re-
13
        securitisation

14      Senior

15      Non-senior


                                                                  Qualitative Analysis

    In December 2024, the Bank's entire securitization exposure will have a weighting of 1250% with ATMR calculation using the standard method.




Annual Report 2024                                                       266                                               PT Bank KB Bukopin Tbk
Page 267
                  j                  k                 l            m               n           o                 p                   q

                                           ATMR
                                                                                             Capital charge after cap
                                (based regulatory approach)




RBA                                                               "IRB RBA
               IRB SFA          SA/SSFA            1250%                          IRB SFA   SA/SSFA            1250%             1250%
ng IAA)"                                                      (including IAA)"




                                 -                 -                    -                   -                 -                  -




                                                                   59.800                                                     5.980




           Annual Report 2024                                               267                                       PT Bank KB Bukopin Tbk
Page 268
          Risk Management




Market Risk


Market Risk - General Qualitative Disclosure
The market risk management structure as the Second Line of            In measuring IRRBB, the Bank uses 2 (two) complementary
Defense is under the Operational, Market and Liquidity Risk           methods, namely Economic Value of Equity (EVE) and Net Interest
Management Department in the Compliance and Risk Directorate,         Income (NII) which include interest rate shock scenarios and stress
which collaborates with Compliance, and coordinates with Internal     scenarios with a wide and precise range. Measurement based on
Audit as the Third Line of Defense. The main role of this unit        changes in EVE is a method that measures the impact of changes
is to support the First Line of Defense in managing the Bank's        in interest rates on the economic value of the Bank's equity.
exposure to market risk.                                              Measurement based on EVE is the management of long-term
                                                                      interest rate risk based on the remaining term until maturity. While
Identification and measurement of the Bank's market risk              measurement based on changes in Nll is a method that measures
exposure, which includes exchange rate risk and interest rate         the impact of interest rate changes on the Bank's profitability
risk, are carried out through various methods, such as sensitivity    (earnings), these interest rate changes can occur gradually or
to market risk reports, calculation of Market Risk Weighted Assets    at one time with a large nominal shock. Measurement based on
(RWA), and monitoring of Mark to Market Trading Securities and        Nll is the management of interest rate risk with a short-term to
Available for Sale (AFS) using the DV01 calculation. In addition,     medium-term estimation period with the assumption that the
the Bank periodically monitors potential gains or losses (Potential   Bank is able to continue its operational business (going concern
Gain/Loss), supervises the composition of Securities based on         perspective).
classification and tenor, and reports daily net foreign exchange
position to Bank Indonesia and/or the Financial Services Authority    In order to control the IRRBB risk, the Bank monitors the IRRBB
through the Regulatory Reporting and Management Information           ratio (especially in the EVE method) in accordance with the
System Department.                                                    provisions of the regulator (Risk assessment limits as per SEOJK
                                                                      Number 12/SEOJK.03/2018). This needs to be done to anticipate the
In facing global and domestic market dynamics, KB Bank                achievement of the maximum limit, in order to prevent exceeding
implements a prudent trading book exposure management                 the limits set by the regulator.
strategy and Net Foreign Exchange Position, ensuring that exposure
remains within the established limits by considering market price     The Bank simulates shocks in calculating the IRRBB. Measurement
volatility. In addition, to strengthen risk management, the Bank      of IRRBB exposure is carried out based on 6 (six) interest rate
conducts stress tests with scenarios of changes in interest rates     shock scenarios as follows:
and exchange rates to evaluate their impact on Market RWA and
the Bank's capital.                                                   1. Parallel shock up interest rate;
                                                                      2. Parallel shock down interest rate;
Implementation of Risk Management                                     3. Steepener shock with a combination of short-term interest
for Interest Rate Risk in Banking Book                                   rates decreasing and long-term interest rates increasing (short
                                                                         rates down and long rates up);
Qualitative Analysis                                                  4. Flattener shock with a combination of short-term interest
                                                                         rates increasing and long-term interest rates decreasing (short
PeImplementation of Risk Management for IRRBB, in addition               rates up and long rates down);
to referring to the general Risk Management implementation            5. Short-term interest rate shock up; and
guidelines as stipulated in the Financial Services Authority          6. Short-term interest rate shock down
provisions governing the implementation of risk management
for commercial banks, the Bank adds a risk management aspect
for IRRBB.

The risk identification process adjusted to IRRBB is inherent in
the Bank's products and activities. The Bank ensures that the
process has adequate procedures and monitoring. The IRRBB
identification process includes identification of IRRBB sources
such as gap risk, basis risk and option risk that can affect the
Bank's interest income and the economic value of the Bank's
financial position, as well as the capital available to anticipate
the impact of IRRBB.


Annual Report 2024                                                268                                           PT Bank KB Bukopin Tbk
Page 269
The shock simulation in the calculation of IRRBB using the EVE method is based on the 6 (six) shock scenarios. Meanwhile, the shock
simulation in the calculation of IRRBB using the Nll method is based on 2 (two) shock scenarios, namely a parallel upward interest
rate shock (parallel shock up) and a parallel downward interest rate shock (parallel shock down).

The Bank Consolidated uses an internal method to calculate the average maturity of NMD by considering the behavior of Non-Maturity
Deposits (NMD). The Bank uses a simple statistical approach to determine the amount of run of rate, volatility and sensitivity of NMD
to changes in interest rates.



IRRBB Calculation Report
Bank Name 		             : PT Bank KB Bukopin Tbk (Individual)
Report Position          : December 2024
Currency		               : IDR


                 In Million IDR                                    Δ EVE                                       Δ NII

                    Period                           Dec-24                Jun-24               Dec-24                 Jun-24
 Parallel up                                                  -98.585                28.607          -453.824                   -463.635
 Parallel down                                                -145.215              -132.279             453.824                463.635
 Steepener                                                    864.368                734.671
 Flattener                                                    -397.491              -383.313
 Short rate up                                             -392.689                 -343.170
 Short rate down                                              373.048               485.928
 Negative Maximum Value (absolut)                             397.491               383.313              453.824                463.635
 Tier 1 Capital (for ΔEVE) or Projected Income
                                                          3.674.512             3.867.165            2.109.398              3.276.908
 (for Δ NII)

 Maximum Value divided by Tier 1 Capital (for
                                                              10,82%                  9,91%              21,51%                  14,15%
 ΔEVE) or Projected Income (for Δ NII)


Bank Name 		             : PT Bank KB Bukopin Tbk (Individual)
Report Position          : December 2024
Currency		               : US Dollar


                 In Million IDR                                    Δ EVE                                       Δ NII

                    Period                           Dec-24                Jun-24               Dec-24                 Jun-24
 Parallel up                                                  -168.163                -7.272              93.140                -121.457
 Parallel down                                                124.331               494.402              -93.140                 121.457
 Steepener                                                    -84.646                  -763
 Flattener                                                     -9.507                -33.573
 Short rate up                                                -73.466               -28.461
 Short rate down                                               22.538                -14.417
 Negative Maximum Value (absolut)                             168.163                33.573               93.140                 121.457




Annual Report 2024                                                  269                                        PT Bank KB Bukopin Tbk
Page 270
             Risk Management




                 In Million IDR                                    Δ EVE                                      Δ NII

                    Period                           Dec-24                Jun-24              Dec-24                 Jun-24

 Tier 1 Capital (for ΔEVE) or Projected Income
                                                          3.674.512             3.867.165          1.033.640                    437.175
 (for Δ NII)
 Maximum Value divided by Tier 1 Capital (for
                                                               4,58%                 0,87%               9,01%                  27,78%
 ΔEVE) or Projected Income (for Δ NII)


Bank Name 		             : PT Bank KB Bukopin Tbk (Consolidation)
Report Position          : December 2024
Currency		               : IDR


                 In Million IDR                                    Δ EVE                                      Δ NII

                    Period                           Dec-24                Jun-24              Dec-24                 Jun-24
 Parallel up                                                  -156.748               80.341         -586.313                -565.340
 Parallel down                                                 -27.656              -170.738            586.313                565.340
 Steepener                                                    565.289               815.246
 Flattener                                                    -377.056          -382.908
 Short rate up                                             -428.769             -333.090
 Short rate down                                               410.175              514.949
 Negative Maximum Value (absolut)                             428.769               382.908             586.313                565.340
 Tier 1 Capital (for ΔEVE) or Projected Income
                                                          5.401.052             5.946.311          2.530.918               3.835.887
 (for Δ NII)
 Maximum Value divided by Tier 1 Capital (for
                                                                7.49%                 6,44%             23,17%                  14,74%
 ΔEVE) or Projected Income (for Δ NII)



Bank Name 		             : PT Bank KB Bukopin Tbk (Consolidation)
Report Position          : Desember 2024
Currency		               : US Dollar


                 In Million IDR                                    Δ EVE                                      Δ NII

                    Period                           Dec-24                Jun-24              Dec-24                 Jun-24
 Parallel up                                                  -334.758                -7.272             93.140                -144.067
 Parallel down                                                118.289               494.402             -93.140                144.067
 Steepener                                                     -81.679                 -763
 Flattener                                                     -10.967               -33.573
 Short rate up                                                 -72.221              -28.461
 Short rate down                                                21.123               -14.417
 Negative Maximum Value (absolut)                             334.758                33.573              93.140                144.067
 Tier 1 Capital (for ΔEVE) or Projected Income
                                                          5.401.052             5.946.311          1.033.640                   478.498
 (for Δ NII)
 Maximum Value divided by Tier 1 Capital (for
                                                                6,20%                0,56%               9,01%                  27,78%
 ΔEVE) or Projected Income (for Δ NII)




Annual Report 2024                                                  270                                       PT Bank KB Bukopin Tbk
Page 271
                                                                                                Operational Risk


Operational risk is the risk arising due to inadequacy or failure of internal processes, human error, system disruptions, and external
factors that can affect the continuity of the company's operations. Operational risk management is carried out through an organizational
structure that includes the Risk Management Work Unit, Compliance Work Unit, Quality Assurance Work Unit, and Internal Audit Work
Unit. Each of these units operates independently from business and operational units to ensure the effectiveness of risk control and
compliance with applicable policies and regulations.

Operational Risk Disclosure - Bank Individually

                                                                                                                                (in million IDR)

                                               December 31, 2024                                        December 31, 2023

              Approach          Business
                                                                                     Gross Income
 No.                           Indicators          Capital
                Used                                                 RWA            (Average of last     Capital Charges        RWA
                              (Average of          Charges
                                                                                        3 years)
                             last 3 years)

     (1)           (2)           (3)                  (4)             (5)                 (6)                  (7)               (8)
           Basic Indicator
 1                                141.720,60          141.720,60     1.771.507,50          167.865,14          167.865,14       2.098.314,20
           Approach


           Total                 141.720,60          141.720,60     1.771.507,50         167.865,14           167.865,14      2.098.314,20



Operational Risk Disclosure – Bank on a Consolidated Basis with Subsidiaries
                                                                                                                                (in million IDR)

                                               December 31, 2024                                        December 31, 2023

              Approach          Business
                                                                                     Gross Income
 No.                           Indicators          Capital
                Used                                                 RWA            (Average of last     Capital Charges        RWA
                              (Average of          Charges
                                                                                        3 years
                             last 3 years)

     (1)           (2)           (3)                  (4)             (5)                 (6)                  (7)               (8)
           Basic Indicator
 1                                158.988,65          158.988,65     1.987.358,13          187.551,61           187.551,61      2.344.395,10
           Approach


           Total                158.988,65           158.988,65     1.987.358,13         187.551,61           187.551,61      2.344.395,10




Annual Report 2024                                                 271                                               PT Bank KB Bukopin Tbk
Page 272
          Risk Management




RISK OF LIKUIDITAS


Liquidity risk is the risk arising due to the Bank's inability to meet maturing obligations through cash flow funding sources or high-
quality liquid assets that can be pledged, without disrupting financial and operational stability. To ensure liquidity resilience, the Bank
implements a liquidity management policy that is periodically reviewed and adjusted to internal conditions and current regulations.
Liquidity management includes monitoring various limits, such as the Minimum Reserve Requirement (GWM), Liquidity Coverage Ratio

(LCR), and Net Stable Funding Ratio (NSFR). The Bank also has an Emergency Funding Plan that establishes mitigation measures in
dealing with changes in daily liquidity conditions in order to continue to meet financial obligations in a timely manner and maintain
business continuity.

Liquidity risk measurement is carried out through Cash Flow Projections, while daily liquidity management is the responsibility of the
Treasury Unit. Changes in external and macroeconomic conditions are actively monitored, with internal strategies and policies set
through the Asset and Liabilities Committee (ALCO) mechanism. Furthermore, evaluation and monitoring of liquidity limits are carried
out periodically, adjusting to the Bank's conditions and regulatory provisions. In addition, the Bank also conducts stress tests with
fund withdrawal scenarios based on historical data to measure the ability to face crisis situations and maintain liquidity stability.




Annual Report 2024                                                272                                            PT Bank KB Bukopin Tbk
Page 273
Annual Report 2024   273   PT Bank KB Bukopin Tbk
Page 274
         Risk Management



Liquidity Coverage Ratio Obligation Calculation Report

Bank Name      : PT Bank KB Bukopin Tbk.
Report Position : Quarter IV - 2024
           Table of Liquidity Coverage Ratio Fulfillment Obligation Calculation Report as of December 31, 2024
                                                                                   INDIVIDUAL
                                               Quarter IV - 2024 Position                           Quarter III - 2024 Position


                                        "Outstanding
                                                          "HQLA value after haircut      "Outstanding
                                            value of                                                          "HQLA value after haircut or
 No           Component                                   or outstanding obligations        value of
                                          obligations                                                                 outstanding
                                                              and commitments           obligations and
                                              and                                                            obligations and commitments
                                                              Nmultiplied by run-       commitments/
                                        commitments                                                           multiplied by run-off rate or
                                                            off rate or contractual         value of
                                           / value of                                                        contractual receivables value
                                                             Nreceivables valueN           contractual
                                          contractual                                                              times inflow rate"
                                                               times inflow rate"         receivables"
                                         receivables"


      Number of Points data used in
 1.                                                                          64 days                    0                           65 days
      the calculation of LCR
 HIGH QUALITY LIQUID ASSET (HQLA)
      Total High Quality Liquid Asset
 2.                                                                        14.687.549                   0                         15.615.507
      (HQLA)
 CASH OUTFLOWS

      Individual Deposit and SME
 3.                                                                          843.845          10.606.468                            876.599
      Deposit, consist of:                   10.185.593

      a. Stable Deposits                                                      174.715           3.680.950                           184.048
                                             3.494.296

      b. Non-stable Deposits                                                 669.130             6.925.518                           692.552
                                             6.691.298
      Funding originating from
 4.   corporate customers consists                                          4.344.322           10.561.007                         3.605.500
                                             11.738.783
      of:

      a. Operational Deposits                                               1.346.999           6.058.084                          1.291.430
                                             5.922.608
      b. Non Operational Deposit
      and/or liabilities which are                                          2.997.323           4.502.923                          2.314.071
                                              5.816.175
      non operational
      c. Bonds issued (unsecured
                                                                                    -                    -                                 -
      debt)                                           -

 5.   Secured funding                                                               -                                                      -

      Additional Requirement Cash
 6.                                                                        8.306.830            12.725.758                         7.959.638
      Outflow, consist of::                  12.746.327

      a. Derivative Cash Outlfow                                             824.439              446.219                            446.219
                                               824.439
      b. Cash Outflow due to an
                                                                                    -                    -                                 -
      increased in liquidity demand                   -
      c. Cash Outflow due to loss of
                                                                                    -                    -                                 -
      Funding                                         -
      d. Cash Outflow due to
      withdrawal from credit facility                                          70.972             578.860                             57.886
                                               709.719
      and liquidity facility




Annual Report 2024                                                 274                                             PT Bank KB Bukopin Tbk
Page 275
                                                           CONSOLIDATION
                           Quarter IV - 2024 Position                                           Quarter III - 2024 Position


                                                                                      "Outstanding       "HQLA value after haircut or
                                                                                          value of       outstanding obligations and
       "Outstanding value           "HQLA value after haircut or outstanding
                                                                                     obligations and     commitments multiplied by
        of obligations and          obligations and commitments multiplied
                                                                                      commitments         run-off rate or contractual
      commitments/value of          by run-off rate or contractual receivables
                                                                                         / value of           receivables value
     contractual receivables"                    value times inflo"
                                                                                        contractual              times inflow
                                                                                       receivables"                  rate"



                                                                        64 days                     0                           65 days




                                                                      16.206.230                    0
                                                                                                                              17.032.528



                      12.850.891                                       1.038.202           13.251.855
                                                                                                                               1.073.218

                        4.937.739                                       246.887             5.039.353
                                                                                                                                251.968

                        7.913.152                                        791.315            8.212.502
                                                                                                                                821.250


                       13.671.455                                      5.497.252           11.958.487
                                                                                                                              4.396.372


                       6.635.949                                       1.459.287            6.597.215
                                                                                                                               1.367.326


                       7.035.506                                       4.037.964             5.361.271
                                                                                                                              3.029.046


                                -                                                -                   -
                                                                                                                                        -

                                                                                 -
                                                                                                                                        -

                       12.754.563                                      8.315.066            12.725.761
                                                                                                                               7.959.641

                         824.439                                        824.439               446.219
                                                                                                                                446.219

                                -                                                -                   -
                                                                                                                                        -

                                -                                                -                   -
                                                                                                                                        -


                         709.719                                          70.972             578.860
                                                                                                                                 57.886




Annual Report 2024                                            275                                             PT Bank KB Bukopin Tbk
Page 276
             Risk Management




               Table of Liquidity Coverage Ratio Fulfillment Obligation Calculation Report as of December 31, 2024
                                                                                                                       INDIVIDUAL
                                                                   Quarter IV - 2024 Position                                                 Quarter III - 2024 Position


                                                      "Outstanding
                                                                               "HQLA value after haircut                     "Outstanding
                                                          value of                                                                                        "HQLA value after haircut or
 No                 Component                                                  or outstanding obligations                       value of
                                                        obligations                                                                                               outstanding
                                                                                   and commitments                          obligations and
                                                            and                                                                                          obligations and commitments
                                                                                   Nmultiplied by run-                      commitments/
                                                      commitments                                                                                         multiplied by run-off rate or
                                                                                 off rate or contractual                        value of
                                                         / value of                                                                                      contractual receivables value
                                                                                  Nreceivables valueN                          contractual
                                                        contractual                                                                                            times inflow rate"
                                                                                    times inflow rate"                        receivables"
                                                       receivables"


        e. Cash Outflow due to
        contractual obligation on                                                                                      -                            -                                                  -
                                                                           -
        channeling Funds
        f. Cash Outflow due to
                                                                                                                 21.377                  4.273.626                                              28.480
        Contingency                                             3.822.127

        g. Contractual cash outflow                                                                         7.390.043                     7.427.053                                          7.427.053
                                                                7.390.043

7.      CASH OUTFLOWS                                                                                      13.494.997                                                                       12.441.738

ARUS KAS MASUK (CASH INFLOWS)
        Deposit with Secured Lending
8.                                                                                                                     -                            -                                                  -
        Collateral                                                         -

        Inflows from Fully Performing
9.                                                                                                           2.770.118                   4.442.201                                          3.440.385
        Exposures                                               3.707.164

10.     Contractual Cash Inflow                                                                             2.368.661                       528.319                                            528.319
                                                                2.368.661

11.     CASH INFLOWS                                                                                       5.138.779                   4.970.521                                          3.968.704
                                                              6.075.825

                                                                                   TOTAL ADJUSTED VALUE¹                                                        TOTAL ADJUSTED VALUE¹


12.     TOTAL HQLA                                                                                      14.687.549                                                                       15.615.507

13.     NET CASH OUTFLOWS                                                                                 8.356.218                                                                       8.473.033

14.     LCR (%)                                                                                               175,77%                                                                        184,30%
Note: ¹ Adjusted value is calculated after applying haircuts, run-off rates and inflow rates as well as maximum limits for HQLA components, for example maximum limits for HQLA Level 2B and HQLA Level 2
as well as maximum current limits. incoming cash that can be taken into account in LCR.
The outstanding value for the 4th Quarter 2024 Position is the average LCR during working days from October to December 2024 (64 data points).
The circulating value for the 3rd Quarter 2024 position is the average LCR during working days from July to September 2024 (65 data points).
The calculation of the Liquidity Coverage Ratio above is based on POJK No. 42/POJK.03/2015 and its amendments to the Financial Services Authority Regulation No. 19 of 2024 concerning the Obligation to
Fulfill the Liquidity Coverage Ratio for Commercial Banks and Financial Services Authority Regulation Number 37/POJK.03/2019 concerning Transparency and Publication of Bank Reports and is presented
in accordance with the Financial Services Authority Circular Letter Number 9/SEOJK.03/2020 concerning Transparency and Publication of Conventional Commercial Bank Reports.




Annual Report 2024                                                                             276                                                                  PT Bank KB Bukopin Tbk
Page 277
                                                           CONSOLIDATION
                          Quarter IV - 2024 Position                                            Quarter III - 2024 Position


                                                                                      "Outstanding      "HQLA value after haircut or
                                                                                          value of      outstanding obligations and
       "Outstanding value           "HQLA value after haircut or outstanding
                                                                                     obligations and    commitments multiplied by
        of obligations and          obligations and commitments multiplied
                                                                                      commitments        run-off rate or contractual
      commitments/value of          by run-off rate or contractual receivables
                                                                                         / value of          receivables value
     contractual receivables"                    value times inflo"
                                                                                        contractual             times inflow
                                                                                       receivables"                 rate"



                                -                                                -                  -
                                                                                                                                        -


                        3.822.127                                          21.377           4.273.626
                                                                                                                                  28.480

                       7.398.279                                        7.398.279           7.427.056
                                                                                                                                7.427.056

                                                                       14.850.520
                                                                                                                               13.429.230



                                -                                                -                  -
                                                                                                                                        -

                        3.770.154                                       2.801.612           4.498.092
                                                                                                                                3.468.330

                       2.368.661                                        2.368.661            528.319
                                                                                                                                 528.319

                      6.138.814                                        5.170.273
                                                                                           5.026.411                          3.996.650

                                              TOTAL ADJUSTED VALUE¹                                        TOTAL ADJUSTED VALUE¹


                                                                      16.206.230
                                                                                                                              17.032.528

                                                                      9.680.246
                                                                                                                               9.432.581
                                                                         167,42%                                                 180,57%




Annual Report 2024                                            277                                             PT Bank KB Bukopin Tbk
Page 278
           Risk Management




Bank Name                 : PT Bank KB Bukopin Tbk.
Report Position           : Quarter IV - 2024


                                                                      Individual Analysis


   Calculation of Liquidity Coverage Ratio (LCR) of PT Bank KB Bukopin Tbk. (Individual) for Quarter IV - 2024 period using average daily position data
    during October to December 2024. LCR of PT Bank KB Bukopin Tbk. individually for Quarter IV - 2024 was 175.77%, down 8.53% when compared to
   LCR in Quarter III - 2024 which was 184.30%. This ratio is above the provisions that have been set as stipulated in POJK No.42/POJK.03/2015 and its
  amendments to Financial Services Authority Regulation No. 19 of 2024 concerning the Obligation to Fulfill the Liquidity Coverage Ratio for Commercial
                                                                   Banks, which is 100%.

 The composition of High Quality Liquid Assets (HQLA) owned by the Bank on average throughout Quarter IV - 2024 was dominated by Placements with
    Bank Indonesia (BI) of 23.67% and Securities issued by the Central Government and Bank Indonesia of 74.47%. Compared to Quarter III - 2024, total
 HQLA decreased by IDR 927.95 billion (5.94%) from IDR 15.61 trillion in Quarter III - 2024 to IDR 14.68 trillion in Quarter IV - 2024, mainly due to a decrease
  in Securities issued by the Central Government and Bank Indonesia by IDR 1.32 trillion (10.80%) but also influenced by an increase in Placements with
                                                      Bank Indonesia by IDR 401.20 billion (13.05%).

  Net Cash Outflow on average throughout Quarter IV - 2024 was IDR 8.35 trillion, a decrease of IDR. 116.81 billion (1.38%) compared to Quarter III - 2024.
 The decrease in Net Cash Outflow was mainly due to an increase in Cash Inflow. Cash Inflow increased by IDR 1.17 trillion (29.48%), which was caused by
 an increase in Derivative Transactions of IDR 1.84 trillion (348.34%) (value after run-off rate), and a decrease in Counterparty Receivables Placement with
 Other Banks of IDR 605.49 billion (24.83%). Meanwhile, Cash Outflow increased by IDR 1.05 trillion (8.47%), which was caused by an increase in Corporate
                                              Deposits of IDR 738.82 billion (20.49%) (value after run-off rate).

   The composition of Third Party Funds (TPF) based on the LCR working paper owned by the Bank is diversified into funding for wholesale, retail, and
 SME customer segments almost evenly. The Bank internally monitors the funding concentration ratio and continues to diversify funding as a mitigation
  measure to maintain DPK stability, especially to increase medium-term to long-term funding and by reducing the types of DPK that have high interest
 rates (such as time deposits and savings / current accounts with premium interest rates). This diversification program has been carried out by PT Bank
                         KB Bukopin Tbk. since last year and will continue in 2024 in accordance with the Bank's Business Plan.

  In managing liquidity, the Bank has identified, measured, monitored and controlled liquidity risks periodically, by involving other related work units,
  such as Treasury, Wholesale Business, Retail, and SME. As part of the implementation of liquidity risk management in various conditions, PT Bank KB
   Bukopin Tbk. also has a Contingency Funding Plan policy which contains steps that must be taken by PT Bank KB Bukopin Tbk. in anticipating and
                                     dealing with changes in liquidity conditions and monitoring carried out daily.

      In general, based on the calculations and comparisons above, the short-term liquidity risk is relatively small (LCR ratio is quite far above 100%
       according to regulatory provisions). However, we see that the potential risk remains where the trend of Bank DPK movements is an important
                                                                     component in LCR.

  Therefore, the Bank needs to maintain a balance in the balance sheet structure, especially in the composition of short-term tenors and diversify Third
                      Party Funds in business segments that have a smaller run-off rate (to increase LCR by reducing Cash Outflow).




Annual Report 2024                                                           278                                                    PT Bank KB Bukopin Tbk
Page 279
Bank Name                  : PT Bank KB Bukopin Tbk.
Report Position            : Quarter IV - 2024


                                                                    Consolidated Analysis


 Calculation of Liquidity Coverage Ratio (LCR) of PT Bank KB Bukopin Tbk. (Consolidation) for the period of Quarter IV - 2024 using average daily position
  data during October to December 2024. LCR of PT Bank KB Bukopin Tbk. on a consolidated basis for Quarter IV - 2024 was 167.42%, down 13.15% when
 compared to LCR in Quarter III - 2024 which was 180.57%. This ratio is above the provisions that have been set as stipulated in POJK No.42/POJK.03/2015
    and its amendments to Financial Services Authority Regulation No. 19 of 2024 concerning the Obligation to Fulfill the Liquidity Coverage Ratio for
                                                            Commercial Banks, which is 100%.

  The composition of High Quality Liquid Assets (HQLA) owned by the Bank on average throughout Quarter IV - 2024 was dominated by Placements with
    Bank Indonesia (BI) of 26.53% and Securities issued by the Central Government and Bank Indonesia of 71.33%. Compared to Quarter III - 2024, total
 HQLA decreased by IDR 826.29 billion (4.85%) from IDR 17.03 trillion in Quarter III - 2024 to IDR 16.20 trillion in Quarter IV - 2024, mainly due to a decrease
   in ownership of Securities issued by the Central Government and Bank Indonesia by IDR 1.40 trillion (10.85%), but also influenced by an increase in
                                              Placements with Bank Indonesia by IDR 661.11 billion (18.17%).

 Net Cash Outflow on average throughout Quarter IV - 2024 was IDR 9.68 trillion, an increase of IDR. 247.66 billion (2.63%) compared to Quarter III - 2024.
 The increase in Net Cash Outflow was mainly due to an increase in Cash Outflow. Cash Outflow increased by Rp. 1.42 trillion (10.58%), which was caused
   by an increase in Corporate Deposits by Rp. 1.10 trillion (25.04%) (value after run-off rate), an increase in Other Cash Outflows related to Derivative
 Transactions by Rp. 378.22 billion (84.76%), and a decrease in Other Contractual Cash Outflows by Rp. 28.77 billion (value after run-off rate). Meanwhile,
  Cash Inflow increased by Rp. 1.17 trillion (29.37%), which was caused by an increase in Derivative Transactions by Rp. 1.84 trillion (348.34%) (value after
      run-off rate), and a decrease in Counterparty Receivables Placement with Other Banks by Rp. 605.49 billion (24.83%) (value after run-off rate).

  Consolidated LCR is dominated by HQLA and Net Cash Outflow of PT Bank KB Bukopin Tbk. as the controlling shareholder. The average HQLA and Net
  Cash Outflow of PT Bank KB Bukopin Tbk. are in the range of 80% to 90%. Therefore, the movement of the LCR component of PT Bank KB Bukopin Tbk.
 is the main determinant in the increase or decrease of Consolidated LCR. Thus, going forward as stated in the Individual LCR analysis, diversification of
                            DPK of PT Bank KB Bukopin Tbk. remains the recommended action plan in order to improve LCR.

                                        In general, the analysis per subsidiary, for each component is as follows:
    • PT Bank KB Bukopin Syariah from the HQLA side is dominated by Placements with Bank Indonesia and Securities issued by the Government and
    Bank Indonesia (Sukuk), while from the Net Cash Outflow side it is determined more by Cash Outflow in the SME and Corporate customer Deposit
                                                                       components.

 • PT KB Bukopin Finance from the HQLA side is dominated by Cash and Cash Equivalents, while from the Net Cash Outflow side it is determined more by
                                           Cash Outflow in the Other contractual cash outflow component.

   In managing liquidity, the Bank has identified, measured, monitored and controlled liquidity risks periodically, by involving other related work units
                           and through coordination with subsidiaries (PT Bank KB Bukopin Syariah and PT KB Bukopin Finance).




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Page 280
            Risk Management




Net Stable Funding Ratio Fulfillment Obligation Report

Bank Name 		                 : PT Bank KB Bukopin Tbk (Individual)
Report Position              : December 2024


                            Table of Report on Obligations to Fulfill the Net Stable Funding Ratio as of December 31, 2024

                                Report Date Position (Quarter III - 2024)                           Report Date Position (Quarter IV - 2024)

                                                                                                     Carrying Amount Based on Remaining
                              Carrying Amount Based on Remaining Term
                                                                                      Total                          Term                                  Total
                                           (In Million IDR)
      ASF Component                                                                  Weighted                   (In Million IDR)                          Weighted
                                                                                     Amount                                                               Amount
                                                            ≥6                                                                   ≥6
                                             <6                                                                   <6
                              No Term¹                   months -     ≥ 1 year                      No Term¹                  months -     ≥ 1 year
                                            months                                                               months
                                                         < 1 year                                                             < 1 year

 1      Capital:              28.836.822             -            -   4.058.182       32.895.004    28.995.144            -            -   3.410.320       32.405.463

        Capital
 2      according to          28.836.822             -            -   4.058.182       32.895.004    28.995.144            -            -   3.410.320       32.405.463
        POJK KPMM

        Other capital
 3                                     -             -            -              -              -            -            -            -              -              -
        instruments


        Deposits from
        individual
        customers and
 4      funding from            5.679.121   13.632.480     661.460     419.832        18.615.720    6.008.428    12.854.878    1.112.889    410.446        18.624.175
        micro and
        small business
        customers:


        Stable deposit
 5                             2.868.620     1.473.048      60.992      34.581         4.217.108    3.394.483     1.195.034     113.539         675         4.468.578
        and finding

        Less stable
 6      deposit and            2.810.500    12.159.432     600.468     385.252        14.398.612     2.613.946   11.659.844     999.351      409.771       14.155.597
        finding

        Funding from
 7      corporate              4.798.833    15.103.060     416.372     309.500         8.639.843     5.852.129   13.146.774     579.801     182.500         7.801.849
        customers:

        Operational
 8                             2.293.189      322.570       20.056               -     1.317.907     2.375.539      133.158      71.249               -     1.289.973
        Deposits

        Other funding
 9      from corporate         2.505.644    14.780.490     396.316     309.500         7.321.935     3.476.590   13.013.617     508.551     182.500         6.511.876
        customers

        Liabilities that
        have a pair of
 10                                    -             -            -              -              -            -            -            -              -              -
        interdependent
        assets

        Other liabilities
 11                               96.027     5.340.193   11.363.930   4.545.441       10.227.406            0            0            0           0                  0
        and equities :

        NSFR derivative
 12
        liabilities




Annual Report 2024                                                         280                                                      PT Bank KB Bukopin Tbk
Page 281
                           Table of Report on Obligations to Fulfill the Net Stable Funding Ratio as of December 31, 2024

                               Report Date Position (Quarter III - 2024)                          Report Date Position (Quarter IV - 2024)

                                                                                                   Carrying Amount Based on Remaining
                             Carrying Amount Based on Remaining Term
                                                                                    Total                          Term                                 Total
                                          (In Million IDR)
     ASF Component                                                                 Weighted                   (In Million IDR)                         Weighted
                                                                                   Amount                                                              Amount
                                                          ≥6                                                                  ≥6
                                           <6                                                                  <6
                             No Term¹                  months -     ≥ 1 year                      No Term¹                 months -     ≥ 1 year
                                          months                                                              months
                                                       < 1 year                                                            < 1 year

       Other equities
       and liabilities
13     that are not              96.027    5.340.193   11.363.930    4.545.441      10.227.406      97.408    6.901.822     7.118.331   9.624.568        13.183.733
       included in the
       above categories

14     Total ASF                                                                    70.377.972                                                          72.015.221
       Total HQLA
15     in order to                                                                     601.817                                                             529.377
       calculate NSFR

       Deposits with
       other financial
16     institutions for          57.466            -            -              -        28.733      56.600             -            -              -        28.300
       operational
       purposes

       Loans with
       Current and
17     Special Mention          203.697    7.652.592    3.369.426   35.359.971      34.339.815      371.674   5.825.355     5.813.123   35.994.709      35.623.833
       categories
       (performing)

       To financial
       institutions
18                                    -            -            -      103.178         103.178            -            -            -      98.443           98.443
       guaranteed by
       HQLA Level 1

       To financial
       institutions that
       are guaranteed
       not with
       HQLA Level
19                              203.697     659.085       192.140      941.725        1.167.212     371.674    353.862       515.340      934.350        1.300.851
       1 and loans
       to financial
       institutions
       without
       collateral

       To non-financial
       corporations,
       retail customers
       and micro and
       small business
       customers,
       the central
       government,
20                                    -    5.450.718    2.661.693   23.268.212      22.859.186            -   4.501.045    4.182.624    23.967.902      23.857.955
       governments of
       other countries,
       Bank Indonesia,
       central banks of
       other countries
       and public
       sector entities,
       which include:




Annual Report 2024                                                        281                                                    PT Bank KB Bukopin Tbk
Page 282
           Risk Management




                          Table of Report on Obligations to Fulfill the Net Stable Funding Ratio as of December 31, 2024

                              Report Date Position (Quarter III - 2024)                         Report Date Position (Quarter IV - 2024)

                                                                                                 Carrying Amount Based on Remaining
                            Carrying Amount Based on Remaining Term
                                                                                  Total                          Term                               Total
                                         (In Million IDR)
     ASF Component                                                               Weighted                   (In Million IDR)                       Weighted
                                                                                 Amount                                                            Amount
                                                         ≥6                                                                ≥6
                                          <6                                                                <6
                            No Term¹                  months -    ≥ 1 year                      No Term¹                months -    ≥ 1 year
                                         months                                                            months
                                                      < 1 year                                                          < 1 year

        meet the
       qualifications
       to receive a
       risk weight of
21                                  -       621.226     385.490     461.641         803.425            -     313.268      718.074      51.484          549.135
       35% or less, in
       accordance with
       SE OJK ATMR for
       Credit Risk

       Credit secured
       by a residential
       home that is
22                                  -        10.116       2.409     514.199         443.331            -       47.413     198.019   1.161.502        1.109.992
       not being used
       as collateral,
       including:

        meet the
       qualifications
       to receive a
       risk weight of
23                                  -      404.445      127.694   1.617.733        1.317.596           -      416.277     199.065   1.114.602        1.032.163
       35% or less, in
       accordance with
       SE OJK ATMR for
       Credit Risk

       Securities in
       the Current and
       Less Current
       (performing)
       categories that
       are not being
24     pledged, are not             -       507.001           -   8.453.283        7.645.887           -     193.490            -   8.666.426        7.675.294
       in default, and
       are not included
       as HQLA,
       including shares
       traded on the
       stock exchange.

       Aassets that
       have a pair of
25                                  -             -           -              -              -          -            -           -              -              -
       interdependent
       liabilities

26     Other Assets :               -    31.726.180      74.105   1.561.747       33.362.032           -   32.853.770     54.849    1.292.192       34.200.820

       Physical
       commodities
27                                  -                                                       -          -                                                      -
       that are traded,
       including gold




Annual Report 2024                                                     282                                                   PT Bank KB Bukopin Tbk
Page 283
                          Table of Report on Obligations to Fulfill the Net Stable Funding Ratio as of December 31, 2024

                              Report Date Position (Quarter III - 2024)                      Report Date Position (Quarter IV - 2024)

                                                                                              Carrying Amount Based on Remaining
                            Carrying Amount Based on Remaining Term
                                                                               Total                          Term                           Total
                                         (In Million IDR)
     ASF Component                                                            Weighted                   (In Million IDR)                   Weighted
                                                                              Amount                                                        Amount
                                                         ≥6                                                             ≥6
                                          <6                                                             <6
                            No Term¹                  months -    ≥ 1 year                   No Term¹                months -   ≥ 1 year
                                         months                                                         months
                                                      < 1 year                                                       < 1 year

       Cash,
       marketable
       securities and
       other assets
       recorded as
       initial margin
       for derivative
28     contracts                                                                                                 -                                     -
       and cash or
       other assets
       submitted as
       default funds
       to the central
       counterparty
       (CCP)

       NSFR derivative
29                                                                                                               -                                     -
       assets

       NSFR derivative
       payables before
30                                                                                                               -                                     -
       deducting
       variation margin

       All other assets
       that are not
31                                  -    31.726.180      74.105   1.561.747     33.362.032          -   32.853.778     54.849   1.292.192    34.200.820
       included in the
       above categories

       Administrative
32                                                                                                                              4.706.819        47.114
       Account

33     Total RSF                                                              68.380.297                                                    70.429.444
       Net Stable
34     Funding Ratio                                                            102,92%                                                       102,25%
       (%)




Annual Report 2024                                                     283                                                PT Bank KB Bukopin Tbk
Page 284
             Risk Management




                                                                  Individual Analysis


  Net Stable Funding Ratio (NSFR) of PT. Bank KB Bukopin, Tbk individually as of December 2024 was 102.25%, decreased 0.67% compared to the
  position at the end of September 2024 with an NSFR value of 102.92%. In December 2024, the Individual NSFR of PT. Bank KB Bukopin, Tbk was
 above the regulator's provisions (100%) in accordance with Financial Services Authority Regulation No. 50/POJK.03/2017, and its amendments to
  Financial Services Authority Regulation No. 20 of 2024 concerning the Obligation to Fulfill the Net Stable Funding Ratio for Commercial Banks.

 Total Available Stable Funding (ASF) at the end of December 2024 was IDR72.02 trillion (weighted value) with the largest component coming from
 Deposits from individual customers and micro and small businesses amounting to IDR 18.62 trillion (25.86%) (weighted value) and Capital of IDR
                                                      32.41 trillion (45.00%) (weighted value).

          Compared to the position at the end of September 2024, the total ASF increased by IDR 1.64 trillion (2.33%) which was mainly due to:
                                    • An increase in equity and other liabilities of IDR 2.96 trillion (weighted value)
                               • A decrease in funding from corporate customers of IDR810.05 billion (weighted value).
                                              • A decrease in capital of IDR 489.54 billion (weighted value)

 Total Required Stable Funding (RSF) at the end of December 2024 was IDR70.43 trillion (weighted value) with the largest components coming from
  loans in the current and special mention categories (performing) and securities that were not in default of IDR 35.62 trillion (50.83%) (weighted
                                 value) and other assets amounting to IDR 34.20 trillion (48.56%) (weighted value).



          Compared to the position at the end of September 2024, the total RSF increased by IDR 2.05 trillion (3.00%) which was mainly due to:
                                  • An increase in the Other Assets component by IDR 838,.9 billion (weighted value).
      • An increase in the components of Current and Special Mention Loans (performing) and securities that are not in default by IDR 1.28 trillion
                                                                   (weighted value).

     During this period, the Bank did not have an interdependent composition of assets and liabilities and interrelationships between transactions.

     The Bank still needs to maintain a balance in the balance sheet structure, especially in the composition of medium-long-term funding sources,
      and diversify Third Party Funds in business segments that have a higher ASF Factor weight (to increase NSFR). Meanwhile, from the RSF side,
                       credit quality management is also expected to increase the NSFR ratio by increasing Current Quality Credit.




NET STABLE FUNDING RATIO FULFILLMENT OBLIGATION REPORT

Bank Name                  : PT Bank KB Bukopin Tbk (Consolidation)
Report Position            : December 2024
                             Report Date Position (Quarter III - 2024)                        Report Date Position (Quarter IV - 2024)

                           Carrying Amount Based on Remaining Term                           Carrying Amount Based on Remaining Term
                                        (In Million IDR)                       Total                      (In Million IDR)                        Total
      ASF Component                                                           Weighted                                                           Weighted
                                                                              Amount                                     ≥6                      Amount
                                                       ≥6
                                         <6                                                    No          <6          months
                          No Term¹                   months -    ≥ 1 year                                                         ≥ 1 year
                                        months
                                                     < 1 year
                                                                                              Term¹       months           -
                                                                                                                       < 1 year

 1       Capital:          30.438.411                             4.138.300     34.576.710 30.533.662              -          -    3.485.617     34.019.278
                                                 -           -
         Capital
 2       according to      30.438.411                             4.138.300     34.576.710 30.533.662              -          -    3.485.617     34.019.278
         POJK KPMM
                                                 -           -

         Other capital
 3                                                                                                    -            -          -              -              -
         instruments                -            -           -            -              -




Annual Report 2024                                                       284                                                PT Bank KB Bukopin Tbk
Page 285
                             Report Date Position (Quarter III - 2024)                        Report Date Position (Quarter IV - 2024)

                           Carrying Amount Based on Remaining Term                           Carrying Amount Based on Remaining Term
                                        (In Million IDR)                       Total                      (In Million IDR)                         Total
     ASF Component                                                            Weighted                                                            Weighted
                                                                              Amount                                     ≥6                       Amount
                                                       ≥6
                                         <6                                                    No          <6          months
                           No Term¹                  months -     ≥ 1 year                                                         ≥ 1 year
                                        months
                                                     < 1 year
                                                                                              Term¹       months           -
                                                                                                                       < 1 year

       Deposits from
       individual
       customers and
4      funding from        6.285.022    15.798.021     829.516     419.832     21.341.297    6.671.999    14.879.840   1.346.664    410.446       21.333.720
       micro and
       small business
       customers:

       Stable deposit
5                           3.213.177    2.618.199     171.829      34.581      5.737.625    3.764.285     2.196.924     331.212       674,5       5.978.474
       and finding


       Less stable
6      deposit and          3.071.845   13.179.822     657.688     385.252     15.603.671     2.907.715   12.682.916   1.015.452     409.771      15.355.246
       finding


       Funding from
7      corporate            5.163.801   17.748.651     666.372     309.500     9.283.846     6.624.886    15.510.412   1.225.439    182.500        8.633.132
       customers:

       Operational
8                          2.567.949      490.765       22.056                 1.540.385      2.777.115     440.651       79.249              -    1.648.508
       Deposits                                                           -

       Other funding
9      from corporate      2.595.852    17.257.887     644.316     309.500      7.743.461     3.847.771   15.069.762   1.146.190    182.500        6.984.624
       customers

       Liabilities that
       have a pair of
10                                                                                                    -            -           -              -              -
       interdependent               -            -            -           -              -
       assets


       Other liabilities
11                                       6.337.314   11.388.021   4.595.221    10.289.232             -    8.178.528   7.145.668   9.674.348       13.247.182
       and equities :               -


       NSFR derivative
12
       liabilities

       Other equities
       and liabilities
       that are not
13                                       6.337.314   11.388.021   4.595.221    10.289.232                  8.178.528   7.145.668   9.674.348       13.247.182
       included in                  -
       the above
       categories

14 Total ASF                                                                  75.491.085                                                          77.233.312

       Total HQLA
15     in order to                                                               636,773                                                             567.941
       calculate NSFR




Annual Report 2024                                                       285                                                PT Bank KB Bukopin Tbk
Page 286
           Risk Management




                             Report Date Position (Quarter III - 2024)                       Report Date Position (Quarter IV - 2024)

                           Carrying Amount Based on Remaining Term                          Carrying Amount Based on Remaining Term
                                        (In Million IDR)                       Total                     (In Million IDR)                         Total
     ASF Component                                                            Weighted                                                           Weighted
                                                                              Amount                                    ≥6                       Amount
                                                      ≥6
                                        <6                                                    No          <6          months
                           No Term¹                 months -     ≥ 1 year                                                         ≥ 1 year
                                       months
                                                    < 1 year
                                                                                             Term¹       months           -
                                                                                                                      < 1 year

       Deposits with
       other financial
16     institutions for      80,642             -            -            -       40,321       73.567             -           -              -      36.784
       operational
       purposes

       Loans with
       Current and
17     Special Mention       203,697    8,324,350    3,661,739   40,371,942   39,032,588      371.674    6.194.018    6.238.452   41.398.008     40.601.104
       categories
       (performing)

       To financial
       institutions
18                                 -            -            -      113,471       113,471            -            -           -      111.132        111.132
       guaranteed by
       HQLA Level 1

       To financial
       institutions that
       are guaranteed
       not with
       HQLA Level
19                           203,697      774,306      193,751    1,056,437    1,300,013      371.674     355.129      631.505     1.037.641      1.462.414
       1 and loans
       to financial
       institutions
       without
       collateral

       To non-financial
       corporations,
       retail customers
       and micro and
       small business
       customers,
       the central
       government,
20                                 -    5,946,140   2,837,206 28,015,869       27,230,161            -   4.835.727    4.469.605   29.107.809     28.537.707
       governments of
       other countries,
       Bank Indonesia,
       central banks of
       other countries
       and public
       sector entities,
       which include:

       meet the
       qualifications
       to receive a
       risk weight of
21                                 -      676,737     499,093      492,796      908,233              -    343.057       739.873      90.259        600.133
       35% or less, in
       accordance with
       SE OJK ATMR for
       Credit Risk




Annual Report 2024                                                       286                                               PT Bank KB Bukopin Tbk
Page 287
                            Report Date Position (Quarter III - 2024)                       Report Date Position (Quarter IV - 2024)

                          Carrying Amount Based on Remaining Term                          Carrying Amount Based on Remaining Term
                                       (In Million IDR)                      Total                      (In Million IDR)                        Total
     ASF Component                                                          Weighted                                                           Weighted
                                                                            Amount                                     ≥6                      Amount
                                                     ≥6
                                       <6                                                    No          <6          months
                          No Term¹                 months -    ≥ 1 year                                                         ≥ 1 year
                                      months
                                                   < 1 year
                                                                                            Term¹       months           -
                                                                                                                     < 1 year

       Credit secured
       by a residential
       home that is
22                                -       10,116       2,409     514,199        443,331             -       47.413    198.019    1.161.502      1.109.992
       not being used
       as collateral,
       including:

        meet the
       qualifications
       to receive a
       risk weight of
23                                -       410,05      129,28   1,725,887       1,391,492            -     419.202     199.449   1.223.240       1.104.432
       35% or less, in
       accordance with
       SE OJK ATMR for
       Credit Risk

       Securities in
       the Current and
       Less Current
       (performing)
       categories that
       are not being
       pledged, are
24                                -      507,001           -   8,453,283      7,645,887             -     193.490           -   8.666.426       7.675.294
       not in default,
       and are not
       included as
       HQLA, including
       shares traded
       on the stock
       exchange.

       Aassets that
       have a pair of
25                                -            -           -            -              -            -            -          -              -              -
       interdependent
       liabilities

26     Other Assets :             -   32,232,228      79,148   1,794,379      34,105,755            -   33.342.782     66.067   1.585.203      34.994.052
       Physical
       commodities
27                                -                                                    -            -                                                     -
       that are traded,
       including gold

       Cash,
       marketable
       securities and
       other assets
       recorded as
       initial margin
       for derivative
28     contracts
       and cash or
       other assets
       submitted as
       default funds
       to the central
       counterparty
       (CCP)

       NSFR derivative
29
       assets



Annual Report 2024                                                      287                                               PT Bank KB Bukopin Tbk
Page 288
           Risk Management




                            Report Date Position (Quarter III - 2024)                       Report Date Position (Quarter IV - 2024)

                          Carrying Amount Based on Remaining Term                          Carrying Amount Based on Remaining Term
                                       (In Million IDR)                     Total                       (In Million IDR)                     Total
     ASF Component                                                         Weighted                                                         Weighted
                                                                           Amount                                      ≥6                   Amount
                                                     ≥6
                                       <6                                                    No          <6          months
                          No Term¹                 months -    ≥ 1 year                                                         ≥ 1 year
                                      months
                                                   < 1 year
                                                                                            Term¹       months           -
                                                                                                                     < 1 year

       NSFR derivative
       payables before
30     deducting
       variation
       margin

       All other assets
       that are not
31     included in                -   32.232.228      79.148   1.794.379      34,105,755            -   33.342.782     66.067   1.585.203   34.994.052
       the above
       categories

       Administrative
32                                                             5.879.976        123.255                                         6.187.356      121.141
       Account

33 Total RSF                                                               73,938,692                                                       76.321.023

       Net Stable
34     Funding Ratio                                                            102.10%                                                       101,20%
       (%)




Annual Report 2024                                                      288                                               PT Bank KB Bukopin Tbk
Page 289
                                                                 Consolidated Analysis


 Net Stable Funding Ratio (NSFR) of PT. Bank KB Bukopin, Tbk on a consolidated basis as of the end of December 2024 was 101.20%, decreased by 0.90%
  compared to the position at the end of September 2024 with a Consolidated NSFR value of 102.10%. In December 2024, the Bank's consolidated NSFR
  was above the regulator's provisions (100%) in accordance with Financial Services Authority Regulation No. 50/POJK.03/2017, and its amendments to
      Financial Services Authority Regulation No. 20 of 2024 concerning the Obligation to Fulfill the Net Stable Funding Ratio for Commercial Banks.

Total Available Stable Funding (ASF) at the end of December 2024 was IDR 77.23 trillion (weighted value) with the largest component coming from Capital
   of IDR 34.01 trillion (44.05%) (weighted value) and Deposits from individual customers and micro and small businesses of IDR 21.33 trillion (27.62%)
                                                                     (weighted value).

                    Compared to the position at the end of September 2024, the total ASF increased by IDR 1.74 trillion mainly due to:
                            • An increase in the Liabilities and other equity components of IDR 2.95 trillion (weighted value);
                                       • A decrease in the Capital component of IDR 557.43 billion (weighted value)
                        • A decrease in the Deposit component from corporate customers of IDR 650.71 billion (weighted value)

  The total Required Stable Funding (RSF) at the end of December 2024 was IDR 76.32 trillion (weighted value) with the largest component coming from
 loans in the current and special mention category (performing) and securities that are not in default of IDR 40.60 trillion (53.20%) (weighted value) and
                                               other assets of IDR 34.99 trillion (45.85%) (weighted value).

                     Compared to the position at the end of September 2024, the total RSF increased by IDR 2.28 trillion, mainly due to:
   • An increase in the components of loans in the current and special mention category (performing) and securities that are not in default of IDR 1.56
                                                                 trillion (weighted value).
                                  • An increase in the components of other assets of IDR888.29 billion (weighted value).

    During this period, the Bank did not have an interdependent composition of assets and liabilities and interrelationships between transactions.

  On a consolidated basis, NSFR is dominated by ASF and RSF of PT. Bank KB Bukopin, Tbk as the controlling shareholder. The average composition of
 ASF and RSF of PT. Bank KB Bukopin, Tbk to the consolidated figure is more than 90%. Therefore, the movement of the NSFR component of PT. Bank KB
 Bukopin, Tbk is the main determinant in the increase/decrease of the Consolidated NSFR. Thus, in the future as stated in the Individual NSFR analysis,
  diversification of DPK PT. Bank KB Bukopin, Tbk in medium-term tenors and in certain segments, is a recommended action plan in order to maintain
   NSFR in the future. However, PT Bank KB Bukopin Syariah as a subsidiary that has quite good Third Party Fund potential, is expected to support the
                                increase in Consolidated NSFR through increasing stable funding sources based on Sharia.




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Page 290
          Risk Management




Encumbrance Assets

                                         Table of Encumbrance Assets as of December 31, 2024
                                                                                                                                             in million IDR

                                                    a                               b                                c                        d


                                                                        assets held or contracted
                                              Encumbered              with the central bank but not          unencumbered                   Total
                                                                      yet used to generate liquidity


 Assets in the statement of financial
                                                                -                          15.750.672            3.167.386
 position                                                                                                                             18.918.058
                                                                    Qualitative Analysis
  Encumbered assets are bank assets that are limited to liquidity needs, legally and contractually by the Bank when stressful conditions occur.
 Encumbered Assets do not include assets that are deposited or agreed upon with Bank Indonesia but have not been used to generate liquidity.
                               The Bank did not have any restricted assets in the position of Quarter IV - 2024.

 Referring to the explanation of POJK No. 42/POJK.03/2015 concerning the Obligation to Fulfill the Liquidity Coverage Ratio for Commercial Banks,
    Article 9 paragraph (3) letter a, an example of assets deposited or agreed upon with Bank Indonesia but have not been used for generating
 liquidity is the secondary minimum reserve requirement (now Macroprudential Liquidity Buffer). As of December 2024, the Bank (Consolidated)
   has a Primary Statutory Reserve of IDR 2.67 trillion and a Secondary Statutory Reserve or Macroprudential Liquidity Buffer (PLM) of IDR 13.08
                                            trillion, which is all government securities owned by the Bank.

  Unrestricted assets are assets that meet the qualifications as HQLA as referred to in the Financial Services Authority Regulation concerning the
  obligation to fulfill the liquidity coverage ratio (Liquidity Coverage Ratio). Currently, the Bank (consolidated) has unrestricted assets in the form
                               of Cash, Placements with Bank Indonesia other than GWM and Securities of IDR 3.17 trillion.


LIQA - Liquidity Risk Management

Table of Qualitative Disclosure


                                                         LIQA - Liquidity Risk Management

                                                               Qualitative Disclosure

     Liquidity risk management, including: risk tolerance; liquidity risk management structure and responsibilities; internal liquidity reporting;
 1
     and communication of liquidity risk strategy, policies and practices across business lines and with the board of directors.
     a.     Risk Tolerance

            The formulation of PT. Bank KB Bukopin, Tbk Risk Appetite and Risk Tolerance of Liquidity Risk is adjusted to the strategic objectives
            and complexity of the Bank's business activities. Determination of Risk Appetite and Risk Tolerance limits is carried out so that the
            Bank can manage liquidity in normal and crisis conditions. Determination of the amount of Risk Appetite and Risk Tolerance limits
            is proposed by the Risk Management Work Unit (SKMR) and approved by the Board of Directors and Commissioners through the Risk
            Management Committee (KMR). Furthermore, if there is an excess of the limit, the Risk Management Work Unit (SKMR) will coordinate
            with the relevant Business Unit to prepare an action plan.

     b.     Liquidity Risk Management Structure and Responsibilities

            The Bank has set the organizational structure, adequacy of devices and completeness of functions/units related to the
            implementation of liquidity risk management in accordance with the characterization and complexity of the Bank's business
            activities. The functions or units involved in liquidity risk management, both business and supporting, are depicted in the
            organizational structure and the authority of each function has been stated in the job description for each function. The person
            responsible for managing Liquidity Risk is the Business Unit that has activities directly exposed to Liquidity Risk. Furthermore,
            the Risk Management Work Unit (SKMR) carries out the process of identifying, measuring, monitoring, and reporting Liquidity Risk
            independently. The Board of Directors and Commissioners are responsible for ensuring that the implementation of Liquidity Risk
            Management is in accordance with strategic targets, characteristics and complexity of the business, and the Liquidity Risk Profile.



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                                                        LIQA - Liquidity Risk Management

                                                              Qualitative Disclosure

     c.    Internal Liquidity Reporting and Strategy Communication

           The Bank has an adequate Risk Management Information System for reporting purposes related to Liquidity Risk. In general, the Bank
           has submitted and reported information related to risk management for Liquidity Risk which consists of: liquidity ratios, cash flow
           and maturity profiles, liquidity stress testing, Liquidity Risk Profiles, as well as other information related to the Bank’s Liquidity
           position and Bank compliance with Liquidity Risk policies and procedures. All information is submitted to the relevant Business
           Units as well as the Board of Directors and Board of Commissioners through the Bank’s internal information system and regular
           Risk Management Committee (KMR) and Risk Monitoring Committee (KPR) meetings. The Risk Management Unit (SKMR) will then
           coordinate periodically with the relevant Business Units that manage Liquidity Risk in the event of a policy or limit for Liquidity Risk
           being exceeded, and develop an action plan.

     d.    Liquidity Risk Policies and Practices Across Business Lines and with the Board of Directors


           The liquidity risk management strategy policy is contained in KB Bank Risk Management Policy, KB Bank Market and Liquidity Risk
           Management Policy and Emergency Funding Plan Policy as well as other separate provisions at the risk-taking unit level. Business
           Units exposed to Liquidity Risk will convey information regarding the condition of macroeconomic indicators and business
           projections through the Asset and Liability Committee (ALCO) meeting, then a liquidity risk strategy will be determined through the
           ALCO and Risk Management Committee meeting mechanisms. The liquidity risk management policy in the form of ALCO and Risk
           Management Committee decisions will be submitted to other relevant Branches and Divisions. The Board of Directors performs active
           supervision on a daily basis and ensures that the implementation of risk management for Liquidity Risk has been operated according
           to its objectives with the assistance of the Risk Management Unit. Monitoring is carried out on a daily or monthly basis on liquidity
           conditions, including monitoring of ratios related to liquidity risk through reports submitted by the relevant divisions, as well as
           evaluating the adequacy of information presented for assessing liquidity conditions.


     Funding strategy, including diversification source policy and funding tenor, and whether the funding strategy is
 2
     centralized or decentralized

     In general, access to funding sources that can be utilized by the Bank includes inter-bank loans, securities repo, FX SWAP, sale of securities,
     and loans from other parties. Since mid-December 2013, KB Bank has become one of the participating banks in signing the Mini Master Repo
     Agreement (MRA) which will further expand alternative access to non-TPF funding sources to strengthen liquidity management. In addition,
     the signing of Indonesia’s Global Master Repurchase Agreement (GMRA) with several banks will also expand alternative access to non-TPF
     funding sources.

 3   Liquidity Risk Mitigation Techniques

     The Bank mitigates liquidity risk by periodically monitoring the liquidity risk limits that have been determined in the policy. If the limit
     is exceeded, the Risk Management Work Unit will coordinate with the Business Unit regarding the action plan that will be carried out to
     improve the condition so that it returns to compliance with the limit provisions. In addition, the Bank reviews or updates limits, policies and
     procedures to adapt to updates to regulatory regulations or strategies and the complexity of the Bank’s business activities.

 4   Explanation of How Stress-test is Implemented

     Liquidity Stress Testing is implemented to measure the resilience of capital and the Bank’s ability to meet liquidity needs in crisis conditions
     by using stress test scenarios specifically (Bank specific scenario) and stress on the market (general market stress scenario). There are
     Guidelines for the Implementation of the Liquidity Risk Stress Test as well as directions from the Board of Directors on the implementation
     of the Liquidity Stress Test which is manifested in the approval and response to the Liquidity Stress Test Report.

 5   Outline of the Bank’s Urgent Funding Plan
     To control liquidity in crisis conditions, the Bank continuously monitors the Bank's liquidity conditions carried out by the Department that
     manages the market & liquidity risk management function. If the Bank's liquidity conditions are in a crisis condition, the Bank will activate
     the Emergency Funding Plan. The Emergency Funding Plan contains steps that must be taken by the Bank in order to anticipate and deal
     with changes in liquidity conditions so that the Bank can continue to fulfill all agreed financial obligations in a timely manner and maintain
     the continuity of the Bank's business processes.




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          Risk Management




Operational Risk – General                                                a. Implementation of Risk Management related to product
Qualitative Disclosures                                                      and/or service implementation plans.
                                                                          b. Operational risk control by issuing a study/opinion after
Operational Risk is the risk resulting from inadequate and/or                conducting a review related to policies, procedures,
non-functioning internal processes, human error, system failure,             cooperation agreements, operational issues, product
and/or external events that affect the Bank’s operations. The Bank           and/or service implementation plans, and Information
has an operational risk management organization consisting of                Technology.
the Risk Management Work Unit, Compliance Work Unit, Quality              c. Observations conducted by the Quality Assurance Work
Assurance Work Unit and Internal Audit Work Unit functions that              Unit.
are independent of both business units and operational units              d. Having several provisions (procedures) that function to
Operational Risk is the risk resulting from inadequate and/or                mitigate operational risks including Business Continuity
non-functioning internal processes, human error, system failure,             Management (BCM).
and/or external events that affect the Bank’s operations. The Bank        e. General Bank Reports (LBU) especially related to collateral.
has an operational risk management organization consisting of             f. Quality of Financial Information Service System (SLIK)
the Risk Management Work Unit, Compliance Work Unit, Quality                 reports.
Assurance Work Unit and Internal Audit Work Unit functions that           g. Implementation of the Risk Management Support
are independent of both business units and operational units.                Committee related to new products and activities.
Operational Risk Management is carried out through 4 (four)               h. Operational risk control by issuing a study/opinion after
stages as follows:                                                           conducting a review related to policies, procedures,
1. Identification of risks that are inherent in a product and/or             new activities, cooperation agreements, products, and
    service and the processes carried out by considering internal            Information Technology.
    and external factors including identifying controls that will         i. Operational risk control including legal, compliance,
    be used for mitigation.                                                  strategic, and reputational risks based on bank risk
2. Operational risk measurement is carried out based on risk                 profile data.
    identification data, including:                                       j. Control every operational activity by implementing Control
    a. Loss Events by taking into account the frequency and                  Self-Assessment by RTU on RCSA application. Review
        impact of activities that can affect the Bank’s income               and update operational risk management policies/
    b. Risk assessment of new product and/or service plans                   guidelines including legal, compliance, strategic, and
        and/or development or evaluation of new products and/                reputational risks according to internal needs and external
        or services that have been launched.                                 developments.
    c. Self-Assessment of the Bank's health level by creating a           k. Increase risk awareness to all levels of the company
        Bank Risk Profile report.                                            organization.
    d. Calculation of capital adequacy for operational risk               l. Evaluation results from the Internal Control Forum.
        (regulatory capital charge) using the Standard Approach           m. Implement the principle of three lines of defense, where
        (SA) in order to calculate Risk Weighted Assets (RWA) for            the risk taking unit is the first line function that carries
        operational risk.                                                    out direct risk management, the second line function is
3. Monitoring of risks that have been identified and measured                carried out by the risk management work unit, while the
    against the potential for occurrence is carried out at all times         third line function is carried out by the internal audit work
    in each work unit in accordance with applicable provisions.              unit to provide assurance on the implementation of overall
    This also includes monitoring of indicators or early warning             risk management policies implemented in the Company.
    systems or existing devices/reporting. Operational risk
    monitoring includes the following:                                 Legal Risk – General
    a. Monitoring function of several Risk Indicators to determine     Qualitative Disclosure
        the potential for increased risk that may occur
    b. Conducting operational risk analysis regarding: Human           Legal Risk is the risk resulting from lawsuits and/or weaknesses
        Capital, IT System error, Fraud Cases, Dormant Accounts,       in legal aspects. Legal Risk can originate from, among others,
        Operational Loss Data, Complexity of business processes        weaknesses in legal aspects caused by weak obligations made
        and diversity of Bank products, Corporate Action,              by the Bank, the absence and/or changes in laws and regulations
        Development of new Bank businesses, and External events        that cause a transaction that has been carried out by the Bank to
        that affect the Bank's operational activities                  be inconsistent with existing provisions, and litigation processes
4. Operational risk control and risk mitigation based on the           arising from lawsuits by third parties against the Bank or the
    magnitude of potential risk for operational activities, will be    Bank against third parties.
    carried out, among others, on the following matters:

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Page 293
Legal risk identification is carried out in all functional activities of   2. Monitoring the credibility and other events that affect the
the Bank including identification of possible legal risks arising from        Bank's reputation.
product and/or service implementation plans, Bank agreements               3. Regular monitoring of the frequency and materiality of
with debtors/other third parties, legal case handling strategies,             handling and resolving customer complaints.
and other operational and business activities of the Bank.                 4. Use of the Complaint Tracking System (CTS) to manage the
                                                                              resolution of customer complaints
In the legal risk management organization, there is a legal function       5. Implementation of the Service Level Agreement (SLA) to ensure
at the Head Office and Branches to mitigate potential or Legal                the standard time for resolving customer complaints.
Risks inherent in the Bank's activities and to coordinate with the         6. Continuously carry out employee training to improve service
Company's Legal Department and external parties in resolving                  quality.
legal issues, especially lawsuits and summonses, as well as
monitoring and analyzing cases faced by the Company that are               In order to monitor and control reputation risk, the Bank evaluates
in the court process.                                                      the implementation of risk management related to reputation risk
                                                                           including a study of the root cause of reputation risk, evaluation
Legal risk measurement and monitoring is carried out through               of the implementation of complaint management/handling,
risk calculations based on the nominal potential loss of each              customer complaints and negative news in the mass media.
case faced by the Bank, monitoring the costs of handling legal
cases, losses faced by the Bank due to a final decision, monitoring        Evaluation of customer satisfaction assessments on a monthly
updates on handling legal cases, and other measurements through            basis is carried out by the department in charge of Customer
legal risk profile parameters. Legal risk control is carried out           Quality Development (CEXD) of the Service Quality unit and
by issuing a study and/or opinion after conducting a review                is conveyed through an internal memo from Bukopin Office
of policies, procedures, cooperation agreements, operational               Communication (BOC) or Outlook Email to all Bank employees.
issues and legal issues that occur due to the Bank's business              The Bank also manages and administers Reputation Risk such
and operational activities.                                                as negative news related to the company which is one of the
                                                                           roles of the Customer Development and Experience Department,
                                                                           Corporate Secretary and Marketing Communication Department
Reputation Risk – General                                                  and related departments.
Qualitative Disclosure
                                                                           As a financial services institution, the Company needs a good image
Reputation risk is the risk resulting from a decrease in the level         and publication regarding business activities and performance.
of stakeholder trust that stems from negative perceptions of the           The Company always maintains its reputation at the best level to
Company, which among other things are caused by events that can            provide products and services to its customers. The Company's
harm the Bank's reputation, such as negative news in the mass              failure to maintain its reputation can create a negative perception
media, violations of business ethics, customer complaints, and             of the Company. This can lead to a loss of customer trust and will
other things that can cause reputation risk, such as weaknesses in         have a direct impact on the decline in the number of customers
governance, corporate culture, and the Bank's business practices.          which ultimately has an impact on the decline in the Company's
Reputation risk is managed through monitoring, supervision,                revenue and activity volume.
handling, and resolution mechanisms that are coordinated and
supported by related departments with reference to internal                Strategic Risk – General
provisions and applicable laws.                                            Qualitative Disclosure
Identification of reputation risk is carried out periodically in           Strategic Risk is the risk resulting from inaccuracy in making and/
accordance with past loss experiences caused by reputation                 or implementing a strategic decision and failure to anticipate
risk. Reputation risk assessment is carried out qualitatively,             changes in the business environment. Strategic risk control is
among other things, from negative news that arises from the                carried out through monitoring the Bank's position both among
public/customers and customer complaints. To ensure control of             the banking industry and among peer groups, monitoring the
reputation risk, the Bank has taken the following steps:                   achievement of the realization of the Target (business plan) and
1. Monitoring the handling of the frequency and materiality of             other measurements through strategic risk profile parameters,
    negative news and comments about the Bank in the mass                  followed by mitigation of factors causing failure and monitoring
    media, social media and other online media.                            the development of macroeconomic conditions that may have an




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          Risk Management




impact on the Bank's business. Then monitoring the achievement           others). This is to ensure that the impact of the risk that occurs
of the realization of the budget (business plan) and continued           due to corporate actions has been accepted and is in accordance
with mitigation of factors causing failure, as well as monitoring        with the level of risk to be taken (risk appetite).
the development of macroeconomic conditions that may have
an impact on the Bank's business.                                        Compliance Risk – General
                                                                         Qualitative Disclosure
The strategic risk management organization is stated in Decree
Number 101 of 2024 concerning the Organizational Structure of PT.        Compliance risk is the risk that occurs because the Bank does
Bank Bukopin Tbk dated September 2, 2024, this is in the context         not fulfill and/or does not implement internal provisions, laws
of increasing the function of the Human Capital Group through the        and regulations and other applicable provisions. The compliance
establishment of the Talent Acquisition Department to support            risk management organization consists of the Compliance Policy
the Bank's sustainable transformation process.                           & Governance Department, the Quality Assurance Department,
                                                                         and the Anti-Money Laundering Department. In addition, in
The Company identifies and manages deviations or deviations              order to strengthen the compliance function, a Compliance
as a result of the unrealization or ineffective implementation           Development Unit has been formed. Each function has policies
of business strategies or business plans that have been set,             and procedures that regulate the limits of authority over activities.
especially those that have a significant impact on the bank's            The Compliance Risk Management Organization is adequately
capital. In addition, the bank conducts strategic risk analysis on       reflected in the clarity of authority and responsibility and is
strategies that require resources and/or are high risk, such as          supported by the function of the Risk Management Work Unit. In
strategies to enter new market share, acquisition strategies, or         practice, compliance risk is inherent in the Bank's risk related to
diversification strategies in the form of products and services.         laws and regulations, prudential provisions and other applicable
                                                                         provisions, including but not limited to:
The Company currently has two subsidiaries, namely PT Bank
KB Bukopin Syariah (formerly PT. Bank Persyarikatan Indonesia)           1. Credit risk related to the provisions of Asset Quality, net NPL,
and PT KB Bukopin Finance (formerly PT Indo Trans Buana                     Allowance for Impairment Losses (CKPN), and Maximum Credit
Multi Finance). There are risks in the implementation of share              Limit (BMPK).
participation, including the risk of unexpected liabilities related to   2. Market risk related to the provisions of Net Open Position
business activities that may only be known after the merger and             (PDN).
acquisition of the business, the risk of future funding obligations      3. Liquidity risk related to the provisions of the Minimum Reserve
including funding required by the Company's shareholders to                 Requirement (GWM), Liquidity Coverage Ratio (LCR), and Net
maintain the Company's capital adequacy, the risk of failure to             Stable Funding Ratio (NSFR).
coordinate marketing and sales efforts, the risk of not focusing         4. Operational risk related to the fulfillment of provisions
on the main business, and the risk of investment write-offs.                related to the implementation of the Know Your Customer
                                                                            (KYC) principle and Anti-Money Laundering and Prevention
Strategic risk measurement can use indicators in the form of the            of Terrorism Funding (APU and PPT).
Company's business strategy complexity level, the Company's              5. Minimum Capital Requirement (KPMM) for Banks.
business position in the banking industry, and the achievement
of the business plan. In addition, the Company conducts stress
testing on the implementation of the strategy in order to identify
every event and change in the business environment that can have
a negative impact on the fulfillment of the initial assumptions of
the strategic plan and measure the potential negative impact of
the event in question on the Company's business performance,
both financially and non-financially.

In addition, adequate risk identification and analysis are also
carried out on every corporate action carried out (such as asset
sales, sub-loan issuance, capital participation in subsidiaries, and




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Page 295
Identification and measurement of compliance risk are carried        The back-up system and procedure to anticipate disruptions
out periodically, which among others are based on past loss          in the risk monitoring process refers to the Disaster Recovery
experiences caused by compliance risk through risk calculations      Plan (DRP) Procedure for the system and procedures will be
based on accounting loss data and other measurements through         checked and re-evaluated periodically. Monitoring and control
compliance risk profile parameters.                                  of compliance risk using an internal model includes the use of
In order to effectively monitor and control compliance risk, the     tools, early identification of changes in the risk profile caused by
Company, among others, carries out:                                  potential or actual decreases in compliance risk, and the resulting
1. Collection of operational loss items on a regular basis (daily,   reports are submitted periodically to the Board of Directors.
    monthly, quarterly, and annually);
2. Periodic analysis and review of the factors that cause            If there is a violation of applicable laws and regulations and/or
    operational risk and other risks and the losses that can be      provisions, the risk that may occur is a sanction for the Company
    incurred.                                                        which can be in the form of financial sanctions in the form of
                                                                     material fines or non-financial sanctions in the form of written
Monitoring and control of compliance risk exposure is carried out    warnings, sanctions for ineligibility and inability for the Company's
by the Risk Management Work Unit, Compliance Work Unit and           management or freezing of the Company's business activities.
other implementing work units periodically and continuously with
the parameters and limitations that have been set. The work unit
in charge of compliance risk management prepares a Compliance
Risk Profile Report periodically for the purpose of monitoring and
controlling compliance risk exposure, including identification of
causal factors to be submitted to the risk management committee
and the board of directors as joint evaluation material.




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        Corporate Governance




Annual Report   2024           296   PT Bank KB Bukopin Tbk
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                       Corporate
                       Governance
Annual Report   2024     297        PT Bank KB Bukopin Tbk
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          Corporate Governance




DEVELOPMENT OF THE GOOD CORPORATE
GOVERNANCE PRINCIPLES IMPLEMENTATION

In the increasingly dynamic banking industry, the implementation       Basics of Implementing
of good corporate governance (GCG) is a fundamental aspect. Not        Corporate Governance
only it ensures compliance with regulations, but also strengthens
public and stakeholder trust. KB Bank is committed to continuing       The implementation of GCG at KB Bank refers to several regulations
to strengthen the governance system by instilling a conducive          issued by the government and regulators, including:
corporate culture. This step aims to support business sustainability
and create added value for all related parties.                        Constitution:
                                                                       1. Law of the Republic of Indonesia No. 10 of 1998 on Amendments
As a responsible financial institution, KB Bank understands that          to Law No. 7 of 1992 on Banking;
the success of a company is not only determined by financial           2. Law the Republic of Indonesia No. 40 of 2007 on Limited
performance, but also by the implementation of transparent,               Liability Companies.
accountable, responsible, independent, and fair governance
principles. Therefore, KB Bank integrates these principles into        OJK Regulations (POJK):
all lines of the organization. This includes senior management         1. OJK Regulation No.18/POJK.03/2014 concerning Implementation
to employees at all levels, and involves shareholders, the Board           of Integrated Governance for Financial Conglomerates
of Commissioners, the Board of Directors, and all employees in         2. OJK Regulation No. 33/POJK.04/2014 concerning the Board of
strategic decision making.                                                 Directors and Board of Commissioners of Issuers or Public
                                                                           Companies
To ensure optimal implementation of GCG, KB Bank implements            3. OJK Regulation No. 34/POJK.04/2014 concerning the Nomination
three main pillars of corporate governance, namely Governance              and Remuneration Committee of Issuers or Public Companies
Structure, Governance Process, and Governance Outcome.                 4. OJK Regulation No. 35/POJK.04/2014 concerning Corporate
Governance Structure focuses on strengthening the organizational           Secretary of Issuers or Public Companies
framework, Governance Process ensures that all operational             5. OJK Regulation No. 8/POJK.04/2015 concerning Website of
procedures run according to standards, while Governance Outcome            Issuers or Public Companies
aims to achieve results that are in accordance with the principles     6. OJK Regulation No. 21/POJK.04/2015 dated 16 November 2015
of good governance.                                                        concerning Implementation of Guidelines for Public Company
                                                                           Governance
As part of the corporate culture strengthening strategy, KB            7. OJK Regulation No. 31/POJK.04/2015 concerning Disclosure of
Bank internalizes the ICCAN values ​​- Integrity, Competent,               Material Information or Facts by Issuers or Public Companies
Care, Accountable, and Never Give Up. These values ​​are the           8. OJK Regulation No. 55/POJK.04/2015 concerning Establishment
foundation for all employees in carrying out the Bank's duties             & Guidelines for Implementation of Audit Committee Work
and responsibilities. Not just a slogan, the ICCAN principles are      9. OJK Regulation No. 56/POJK.04/2015 concerning Formation &
applied in policies, work procedures, as well as human resource            Charter of Internal Audit Unit
management systems. Hence, these values ​​shape the mindset            10. OJK Regulation No.4/POJK.03/2016 concerning Assessment of
and behavior of employees so that they are always in line with             Public Bank Health Level
business ethics norms and applicable regulations.                      11. POJK No. 18/POJK.03/2016 concerning the Implementation of
                                                                           Risk Management for Commercial Banks
Through ongoing efforts to improve corporate governance, KB Bank       12. POJK No. 29/POJK.04/2016 dated July 29, 2016 concerning the
is committed to maintaining transparency and accountability in             Annual Report of Issuers or Public Companies
every aspect of operations. This approach not only strengthens         13. POJK No. 46/POJK.03/2017 dated July 12, 2017 concerning the
the company's competitiveness in the banking industry, but also            Implementation of the Compliance Function of Commercial
makes a positive contribution to the national economy. With                Banks
strong governance principles, KB Bank continues to strive to be        14. POJK No. 37/POJK.03/2019 dated December 20, 2019 concerning
a trusted financial partner for the community.                             Transparency and Publication of Bank Reports
                                                                       15. POJK N0. 15/POJK.04/2020 dated April 21, 2020 concerning the
                                                                           Planning and Implementation of the GMS of Public Companies
                                                                       16. POJK No. 17 of 2023 concerning Implementation of Governance
                                                                           for Commercial Banks
                                                                       17. POJK No. 5 of 2024 concerning Determination of Supervision
                                                                           Status and Handling of Commercial Bank Problems
                                                                       18. POJK No. 30 of 2024 concerning Financial Conglomerates and
                                                                           Financial Conglomerate Holding Companies


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Page 299
OJK Circular Letters (SEOJK):                                               Commitment to Sustainable
1. OJK Circular Letter No. 15/SEOJK.03/2015 dated 25 May 2015               Implementation of
   concerning Implementation of Integrated Governance for                   Corporate Governance
   Financial Conglomerates
2. OJK Circular Letter No. 32/SEOJK.04/2015 dated 17 November               KB Bank strengthens its commitment to implementing the
   2015 concerning Guidelines for Governance of Public                      principles of Good Corporate Governance (GCG) consistently
   Companies                                                                and sustainably in every aspect of daily activities. This includes
3. OJK Circular Letter No. 30/SEOJK.04/2016 dated 3 August 2016             compliance with applicable laws and regulations as well as
   concerning Form and Content of Annual Reports of Issuers                 openness to improvements in accordance with best practices.
   or Public Companies                                                      The goal is to be in line with KB Bank's vision, mission, and
4. OJK Circular Letter No. 34/SEOJK.03/2016 on the Implementation           objectives, and to be able to grow healthily and create added
   of Risk Management for Commercial Banks                                  value for shareholders and other stakeholders.
5. OJK Circular Letter No. 13/SEOJK.03/2017 dated March 17, 2017
   on the Implementation of Governance for Commercial Banks                 GCG is placed as an important foundation in achieving sustainable
6. OJK Circular Letter No. 9/SEOJK.03/2020 dated June 30, 2020              business growth, by strengthening the structure and mechanism
   on Transparency and Publication of Conventional Commercial               of GCG and implementing KB Bank's cultural values, namely ICCAN
   Bank Reports and the changes.                                            (Integrity, Competent, Care, Accountable, Never Give Up) which
                                                                            is a guide for management and employees in work and behave.
Others:
1. Other provisions related to the Capital Market and others;               The signing of the Integrity Pact and Gratification and Anti-Bribery
2. General Guidelines for GCG Indonesia, National Committee                 Declaration signifies the commitment. The Integrity Pact contains
   for Governance Policy                                                    a statement or promise to oneself regarding the commitment to
3. KB Bank Articles of Association                                          carry out all duties, functions, responsibilities, authority, and roles
                                                                            in accordance with laws and regulations and the commitment
The actualization of GCG as the company's culture is carried out            not to commit acts of fraud, corruption, collusion, and nepotism
through an internal mechanism involving all levels, from the                towards the Board of Commissioners, Directors, and all KB Bank
Board of Commissioners, Directors, to employees. This synergy               employees.
encourages the creation of a healthy work environment, increases
professionalism, and strengthens the Bank's competitiveness.


                                                                 INTEGRITY PACT
                                                            PT. BANK KB BUKOPIN TBK
 I, the undersigned,
 I hereby declare that I have read the KB Bank Code of Conduct and understand the obligation as a Commissioner to comply with the policies and
 regulations contained therein, including any changes made by KB Bank.
 Therefore, I swear and declare that I am willing to:
 1. Commence every task with good intentions and working solely for the interests of the Company and not harming other people and
      Stakeholders, based on sincerity and good faith.
 2. Maintain and improve personal integrity in carrying out duties by not abusing authority and work responsibilities.
 3. Comply with and implement the rules and/or provisions as stipulated in the Code of Ethics, Company Culture, Employee Disciplinary
      Regulations, Collective Labor Agreement and other regulations set by the Company.
 4. Will not perform any form of Fraud, Corruption, Collusion and Nepotism, play an active role in efforts to prevent, eradicate and report/
      convey information on Fraud, Corruption, Collusion and Nepotism in the Company environment.
 5. Committed to eradicating illegal activities and will not be involved in any illegal activities including conventional gambling and online
      gambling through websites, applications or other platforms. Partaking a proactive role in efforts to prevent and eradicate the use of banking
      payment systems in illegal transactions including online gambling.
 6. Do not request and/or receive any form of gift either directly or indirectly in the form of Money and/or Gifts and/or Souvenirs and/or
      Gratifications in any form related to Position and Work, thereby causing a conflict of interest.
 7. Convey information to the Whistleblowing System regarding violations or unlawful acts, unethical/immoral acts or other acts that can harm
      the Company.
 8. Understand and partake an active role in implementing the Company's Strategy.
 9. Accept the consequences in the form of sanctions according to the Company's provisions, compensate for losses incurred due to fraudulent
      actions or other violations of provisions that occur, as well as legal consequences from the Police and/or other Authorities.

 Thus, this Integrity Pact was issued and signed with full awareness and understanding without coercion from any party.

 (place), (date/month/year)
 Declarer,

 Name
 (Position)




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          Corporate Governance




Company Commitment and Policy in Implementing
Corporate Governance and Governance Outcomes
KB Bank also positioned corporate governance as the main foundation in running a sustainable business. By providing the best
service to customers and prioritizing strong governance principles, the bank is committed to creating transparent, accountable, and
integrity-based operations.

As a form of compliance with governance standards, KB Bank refers to the General Guidelines for Indonesian Corporate Governance
(PUGKI) 2021, which is an improvement on PUGKI 2019, known as TARIF. This principle is applied comprehensively in the Bank's culture,
decision-making process, and information disclosure.

With good governance, KB Bank strives to strengthen business stability, build solid relationships with stakeholders, and maintain its
reputation as a trusted financial institution.

In carrying out its operations, KB Bank refers to the following four main pillars of corporate governance:


                                                                   Ethical Behavior
 Definition:
 In performing its activities, the Corporation always prioritizes honesty, treats all parties with respect, fulfills commitments, builds and maintains
 moral values and beliefs consistently. The corporation pays attention to the interests of shareholders and other stakeholders based on the
 principle of fairness and is managed independently so that each organ of the company does not dominate the other and cannot be intervened
 by other parties.

 Application within the scope of the Company:
 At KB Bank, every level of our organization, from the Commissioners and Directors to Executive Officers and employees, is deeply committed to
 upholding our Code of Ethics. This commitment is exemplified by our unwavering dedication to compliance with all relevant regulations and
 laws. Moreover, we embrace and embody our company's core values of Integrity, Competence, Care, Accountability, and Perseverance in every
 aspect of our work.
                                                                    Accountability
 Definition:
 Corporations can account for their performance in a transparent and fair manner. For this reason, corporations must be managed properly,
 measurably and in accordance with corporate interests while taking into account the interests of shareholders and stakeholders. Accountability is
 a prerequisite needed to achieve sustainable performance.

 Application within the scope of the Company:
 All levels at KB Bank, starting from the Commissioners, Directors, Executive Officers and employees, perform their mandatory duties to be
 accountable for their actions in accordance with the lines of authority established by the company, by improving governance aspects through
 stakeholder participation by covering all important aspects of the company.
                                                                    Transparency
 Definition:
 To maintain objectivity in conducting business, the corporation provides material and relevant information in a way that is easily accessible and
 understandable to stakeholders. Corporations take the initiative to disclose not only issues required by laws and regulations, but also important
 matters for decision making by shareholders, creditors and other stakeholders.

 Application within the scope of the Company:
 Communicate with Shareholders or Investors through effective and continuous communication. As well as implementing information disclosure
 in an accurate and timely manner.
                                                                    Sustainability
 Definition:
 The corporation complies with laws and regulations and is committed to do their responsibilities towards society and the environment in order
 to contribute to sustainable development by working with all relevant stakeholders to improve their lives in a way that is aligned with business
 interests and the sustainable development agenda.

 Application within the scope of the Company:
 KB Bank has a strong commitment to building honest and open communication with shareholders and the community, including by respecting
 community culture, involving itself in social activities, and preserving the environment which is a shared responsibility.




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Apart from implementing the 4 main pillars of corporate governance, KB Bank also adopted 8 comprehensive corporate governance
principles. These principles include the rights of shareholders, stakeholders, basic rules regarding management, and supervision
of corporate management in Indonesia. These principles also pay attention to aspects of ethics, risk management and disclosure.
The eight principles of corporate governance are divided into 3 (three) groups:
1. Corporate Management and Supervision Function
    These principles regulate the roles and responsibilities of the Board of Directors and Board of Commissioners. The main focus is
    on decision-making mechanisms, monitoring and supervision of corporate activities.
2. Process and Output from the Board of Directors and Board of Commissioners
    This group of principles regulates the processes used by the Board of Directors and Board of Commissioners in making decisions
    and the results resulting from these processes. This includes performance evaluation criteria, strategic planning, and transparent
    financial reporting.
3. Resource Owner
    These principles regulate how shareholders and other stakeholders will receive benefits from the implementation of corporate
    governance. This involves shareholder rights, protection of stakeholder interests, and fair allocation of dividends.

As part of its commitment to implementing good corporate governance, KB Bank strives to ensure that all corporate management
processes are implemented with strong principles and in accordance with applicable standards. The application of these principles
aims to strengthen integrity and transparency in every step taken, as well as maintain the Bank's credibility and reputation in front
of shareholders, stakeholders, and the wider community. The following are 8 (eight) principles of corporate governance and their
application within the Company, as attached below.


                         Principle 1: Roles and Responsibilities of the Board of Directors and Board of Commissioners
 Definition
 The Board of Directors and Board of Commissioners conduct their roles and responsibilities independently to create sustainable value for the
 long¬term best interests of the corporation and shareholders, taking into account the interests of stakeholders.

 Explanation
 Principle 1 relates to the roles and responsibilities of the Board of Directors in conducting corporate management and the roles and
 responsibilities of the Board of Commissioners in supervising the management of the corporation by the Board of Directors. In addition, this
 Principle regulates the performance assessment of the Board of Directors and the Board of Commissioners and their respective members,
 handling conflicts of interest that occur to members of the Board of Directors and members of the Board of Commissioners and increasing the
 competence of members of the Board of Directors and members of the Board of Commissioners.
                     Principle 2: Composition and Remuneration of the Board of Directors and Board of Commissioners
 Definition
 Members of the Board of Directors and members of the Board of Commissioners are selected and determined in such a way that the composition
 of the Board of Directors as the management organ and the composition of the Board of Commissioners as the supervisory organ are diverse and
 each consists of Directors and Commissioners who have the commitment, knowledge, ability, experience and expertise needed to appropriately
 fulfill the management role of the Board of Directors and the supervisory role of the Board of Commissioners.

 Remuneration is designed to effectively align the interests of members of the Board of Directors and members of the Board of Commissioners
 with the long-term interests of the corporation and sustainable value creation.

 Implementation in Company Scope
 Principle 2 requires that the selection and appointment of members of the Board of Directors and members of the Board of Commissioners
 be executed in such a way that the Board of Directors and the Board of Commissioners as management and supervisory organs, respectively,
 have a composition of members with the required knowledge, abilities and expertise in accordance with their respective roles. In addition, this
 Principle emphasizes the importance of remuneration policies to encourage members of the Board of Directors and members of the Board
 of Commissioners to prioritize the long-term interests of the corporation based on the principle of sustainability, and requires disclosure of
 remuneration policies and information received by the Board of Directors and Board of Commissioners in a transparent and accountable manner.
                     Principle 3: Working Relationship between the Board of Directors and the Board of Commissioners
 Definition
 The Board of Directors and the Board of Commissioners have a close, open, constructive, professional and trusting working relationship for the
 best interest of the corporation.

 Implementation in Company Scope
 Principle 3 emphasizes the importance of a close, open, constructive, professional, trusting working relationship between the Board of
 Directors and the Board of Commissioners in achieving the best interests of the corporation. Principle 3 also regulates the need for the Board
 of Commissioners to access complete information and the importance of members of the Board of Directors and the Board of Commissioners
 understanding the implications of the ownership structure of the corporation on the implementation of their roles.




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          Corporate Governance



                                                           Principle 4: Ethical Behavior
 Definition:
 The Corporation is committed to acting ethically and responsibly, upholding the values and culture of the organization.

 Implementation in Company Scope
 Principle 4 requires corporations to make periodic statements about the corporation's commitment not only to comply with applicable laws and
 regulations, but also a commitment to act in an ethical and responsible manners.
                                        Principle 5: Risk Management, Internal Control and Compliance
 Definition:
 Corporation conduct corporate governance practices that are integrated with the implementation of internal control and risk management
 systems, as well as effective compliance management systems in order to support the achievement of corporate goals, vision, mission,
 objectives, and performance targets in conducting business with integrity.

 Implementation in Company Scope
 Principle 5 requires the Board of Directors to implement governance, internal control and risk management systems, and compliance
 management systems in an integrated manner as part of the strategies, management tools, and practices carried out by the corporation in
 doing business responsibly (responsible business) as a good corporate citizen. The Board of Commissioners monitors and provides input on
 the effectiveness of the implementation of governance, internal control and risk management systems, and corporate compliance management
 systems implemented in an integrated manner by the Board of Directors.
                                                    Principle 6: Disclosure and Transparency
 Definition:
 The corporation makes accurate and timely disclosures regarding all material matters concerning the corporation.

 Implementation in Company Scope
 Principle 6 requires corporation to have a governance framework capable of providing assurance that can result in accurate and timely disclosure
 of all material matters about the corporation, which includes financial condition and performance, ownership of the corporation, and corporate
 governance.
                                                         Principle 7: Shareholder Rights
 Definition:
 The Corporation protects and facilitates the exercise of shareholder rights and ensures fair treatment of shareholders, including minority
 shareholders. All shareholders have the opportunity to obtain effective redress for violations of their rights.

 Implementation in Company Scope
 Principle 7 describes the fulfillment of shareholder rights and fair treatment for shareholders, how active cooperation between the corporation
 and its shareholders is carried out and the effective exercise of some shareholder rights through the GMS.
                                                         Principle 8: Stakeholder Rights
 Definition:
 The corporation recognizes the rights of stakeholders stipulated in applicable laws and regulations or an agreement agreed upon by the
 corporation and encourages active cooperation with stakeholders in creating wealth, employment, and financially sound business sustainability.

 Implementation in Company Scope
 Principle 8 explains the role of the Board of Directors and Board of Commissioners in integrating sustainability aspects in the corporate business
 model, conducting stakeholder engagement, and ensuring the protection of stakeholders' rights. The Board of Commissioners monitors the
 integration of all aspects mentioned above by the Board of Directors.


Governance Framework
The Bank implements the 4 pillars of corporate governance in a comprehensive and structured manner on the three aspects of
governance, namely:
1. Governance structure Governance structure shows the adequacy of the Bank's governance structure and infrastructure so that
   the process of implementing good governance principles produces outcomes that are in line with the expectations of the Bank's
   stakeholders. Included in the Bank's governance structure are the Board of Directors, Board of Commissioners, Committees and Work
   Units at the Bank. What is included in the Bank's governance infrastructure includes Bank policies and procedures, management
   information systems and the main tasks and functions of each organizational structure.
2. Governance process Governance process reflects the effectiveness of the process of implementing good governance principles
   which is supported by the adequacy of the Bank's governance structure and infrastructure, resulting in outcomes that are in line
   with the expectations of stakeholders.
3. Governance outcomes (governance outcomes) Governance outcomes are demonstrated by the quality of outcomes that meet
   the expectations of Bank stakeholders which are the result of the process of implementing good governance principles and are
   supported by the adequacy of the Bank's governance structure and infrastructure.




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Governance Outcome
As a positive impact of the manifestation of the implementation        The internalization of various laws and regulations and guidelines
and enforcement of governance towards creating a work culture          with national and international standards into KB Bank internal
and business continuity, the Bank always maintains the trust of        policies is a commitment from the Board of Commissioners and
controlling shareholders and external parties. This is realized by     Directors along with all KB Bank personnel. This commitment is
the results of the implementation of good corporate governance         translated into the Company's vision, mission and values and is
at KB Bank which is generally good as reflected in the adequate        expected to be integrated into the daily behavior of all KB Bank
fulfillment of the principles of good corporate governance. In 2024,   employees.
KB Bank GCG ranking based on self-assessment is Rank 2 (Good).
                                                                       GCG Implementation Assessment
Quality Standards for Implementing
Corporate Governance                                                   KB Bank consistently improves the quality of Good Corporate
                                                                       Governance (GCG) implementation which is reflected in the increase
KB Bank implements Good Corporate Governance (GCG) standards           in governance outcomes from year to year. This improvement can
by integrating the company's vision and mission which are realized     be seen in operational and financial performance which shows
through the Company's Cultural Values, known as ICCAN (Integrity,      sustainable growth as a result of GCG implementation.
Competent, Care, Accountable, & Never Give Up). ICCAN is a guide
for all levels of management and employees in carrying out their       To maintain this consistency, the Bank regularly measures the
duties and behaving.                                                   quality of GCG implementation, both through self-assessment
                                                                       and collaboration with third parties, in order to obtain more
Implementing GCG is considered a long-term process that aims           independent assessment results. The implementation of
to generate sustainable value. GCG is a culture that is instilled      monitoring GCG implementation is carried out by:
through an internal process that involves all levels of the Board      1. Monitoring the implementation of SEOJK recommendations
of Directors, Board of Commissioners and employees.                       to all related work units.
                                                                       2. Provide reminders about the implementation of GCG to all
GCG implementation standards regulate the role of the Board of            related work units.
Commissioners in executing its supervisory function to ensure that     3. Increase socialization with Compliance Awareness. What is
the management of the Company by the Board of Directors is in             meant is awareness that there are regulations by all parties
accordance with applicable regulations. The Board of Directors is         along with an understanding of the regulations.
responsible for conducting management functions in a trustworthy
and professional manner, and avoiding conflicts of interest. All       GCG Self Assessment
GCG organs work synergistically to ensure that all Bank operational
activities comply with applicable legal provisions.                    The Bank applies GCG Implementation Quality standards, including
                                                                       the following:
In addition, as a business entity whose shares are listed on the       1. Ensure that the basic principles of governance are implemented
Indonesian Stock Exchange and supervised and supervised by                 comprehensively.
the Indonesian Financial Services Authority, GCG implementation        2. Monitoring weaknesses in the GCG implementation process.
standards at KB Bank also refer to Financial Services Authority        3. Improve coordination and communication with related
Regulation No. 21/POJK.04/2015 concerning Implementation                   departments/units to play an active role in implementing GCG.
of Public Company Governance Guidelines and POJK No. 17 of             4. Improve the quality and role of organs in the GCG organization
2023 concerning Implementation of Governance for Commercial                to implement a culture of GGC implementation at all levels
Banks. To further improve the quality of GCG implementation, KB            of the organization.
Bank also reviews and aligns best practices that apply globally,
including:                                                             As a mean to improve and increase the quality of GCG
1. Corporate Governance Principles for Stated Owned Companies          implementation and based on OJK Regulation No. 17 of 2023
    developed by the Organization for Economic Co-operation and        regarding Implementation of Governance for Commercial Banks;
    Development (OECD), namely the ASEAN Corporate Governance          Banks must carry out a comprehensive self-assessment every
    Scorecard;                                                         semester in order to determine a follow-up plan that includes
2. Corporate Governance Perception Index (CGPI) organized by           corrective action (if necessary) taking into account 11 (eleven)
    The Indonesian Instituter for Corporate Governance (IICG). CGPI    assessment factors, namely:
    is a research and ranking program for the implementation of        1. Implementation of the duties and responsibilities of the Board
    GCG in companies in Indonesia;                                         of Directors;
3. Principles for Enhancing Corporate Governance published by          2. Implementation of the duties and responsibilities of the Board
    the Basel Committee on Banking Supervision; And                        of Commissioners;
4. ESG or Environment, Social, and Governance.                         3. Completeness and implementation of committee duties;
                                                                       4. Handling conflicts of interest;
                                                                       5. Implementation of compliance functions;
                                                                       6. Implementation of the internal audit function;

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           Corporate Governance



7. Implementation of the external audit function;
8. Implementation of risk management including an internal control system;
9. Provision of funds to related parties and provision of large funds (large exposure);
10. Transparency of the Bank's financial and non-financial conditions, reports on the implementation of governance and reporting
    internal;
11. Bank strategic plan.

The following are the results of the self-assessment of GCG implementation at KB Bank as of December 2024:
                                     Good Corporate Governance Self-Assessment Result
                                                                                   Rank Definition
                                  Rank             (Based on OJK Regulation No. 13/SEOJK.03/2017 concerning the Implementation of
                                                                         Governance for Commercial Banks)
                                                KB Bank has implemented Governance which is generally Fair. This is reflected in the adequate
                                                fulfillment of the principles of Governance. In the event that there are weaknesses in the
 Individual                 2                   implementation of Governance principles, in general these weaknesses are quite significant
                                                and require adequate attention from the Bank's management. Thus, KB Bank GCG rating is
                                                Rank 2.
                                                The implementation of KB Bank good corporate governance in a consolidated is Fair, the
 Consolidation              2                   GCG assessment of PT Bank Syariah Bukopin and PT Bukopin Finance as Subsidiaries has no
                                                impact or influence that may cause a decline in KB Bank GCG assessment.



Analysis

Strength of Governance Implementation
1. Governance Structure
    a. The Annual GMS implementation is in accordance with the                 Quality Assurance Work Unit, and Internal Audit Work Unit
       provisions of OJK Regulation 15/POJK.04/2020 concerning                 (SKAI). Each of these work units has adequate composition,
       the Planning and Implementation of General Meetings                     competence, and criteria so that they are able to work
       of Shareholders of Public Companies. In addition, the                   independently of the business and operational work units
       Board of Commissioners and Board of Directors have                      and carry out their duties in accordance with applicable
       been accountable for the implementation of their duties                 provisions.
       to shareholders and have been approved by the GMS as a               f. Having committees to support the performance of the
       form of implementing good corporate governance.                         Board of Directors, namely: Risk Management Committee,
    b. One of the GMS agendas is the Approval of Amendments to                 Asset and Liabilities Committee, Credit Committee,
       the Articles of Association, this is a form of implementing             Remedial Committee, IT Steering Committee, IT Support
       good governance and the Bank's compliance with OJK                      Committee, Integrated Risk Management Committee,
       Regulation No. 17 of 2023 concerning the Implementation                 Internal Control and Anti-Fraud Committee, Employee
       of Governance for Commercial Banks.                                     Discipline Committee (KDK), Human Capital Committee
    c. The member and composition of the Board of                              and Procurement of Goods and Services Committee.
       Commissioners and Board of Directors are in accordance               g. Having committees formed in order to support the
       with the provisions of applicable laws and regulations by               implementation of the duties and responsibilities of
       considering the scale and complexity of the business and                the Board of Commissioners. Consisting of the Audit
       paying attention to background experience, education and                Committee, Risk Monitoring Committee, Remuneration
       training to meet the requirements, integrity, competence,               & Nomination Committee, and Integrated Governance
       independence and adequate financial reputation to                       Committee. The establishment of these Committees is in
       support the realization of KB Bank's corporate plan.                    accordance with the provisions and needs of the Bank and
    d. All members of the Board of Directors and Board of                      the implementation of the committee's duties is equipped
       Commissioners have passed the Fit and Proper Test for                   with policies and work procedure guidelines (charter).
       the Main Parties of Financial Services Institutions.                 h. KB Bank has prepared Recovery Plan Guidelines, has sent
    e. The duties and responsibilities implementation of the                   Recovery Plan and Resolution Plan Reports to comply with
       Board of Directors, particularly in the implementation and              Regulatory provisions, especially OJK Regulation No. 5 of
       fulfillment of GCG principles, has been adequate. This is               2024 concerning Determination of Supervision Status and
       reflected in the completeness of the structure in the form              Handling of General Bank Problems and PLPS 2 of 2024
       of the Compliance Work Unit, Risk Management Work Unit,                 concerning Resolution Plans for General Banks.




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   i. KB Bank has prepared and implemented the Bank's                             challenges. The information systems that are already
      Financial Reporting Integrity Policy, as a form of                          running include the E-Flow System, Microfinance
      implementation of the Regulation of the Financial Services                  Information System (SIKM), BukiSys (AS400), go-AML,
      Authority of the Republic of Indonesia Number 15 of 2024                    Silverlake, SME Credit Tools (SCT), and Loan Origination
      concerning the Integrity of Bank Financial Reporting                        System (LOS), Sanction Screening, Anti Money Laundering
   j. The Board of Directors and Board of Commissioners have                      (AML) Monitoring System, and Enysis.
      implemented the principle of prudence in providing Funds                 l. Developing and strengthening an organizational structure
      to Related Parties and Provision of Large Funds quite well.                 that is in line with the company's strategy, including
      Submission of Transparency of Financial and Non-Financial                   accelerating business performance in branches in
      Conditions, GCG Implementation Reports and Internal                         one line of command that focuses on sales activities,
      Reporting are in accordance with applicable provisions                      strengthening regulatory reporting, strengthening the
      and ensure the realization of achievements against the                      function of the DPD, increasing SLA in the credit process,
      Bank's Strategic Plan and report it to the OJK through the                  the organizational structure has been refined through
      realization of a monthly action plan.                                       Decree 101 of 2024.
   k. The Bank owns an information system to support business                  m. An initiative has been taken to update existing policies,
      activities and operational activities as well as to support                 identify policy owners, separate policies (whether it is still
      the implementation of internal control. The Bank is                         valid or not), and at the end of the second semester of
      committed to always developing a sustainable information                    2024 there will be 145 (One Hundred and Forty Five) new
      system in accordance with business developments and                         internal provisions and/or revamps as follows:



                                                             Title                                                          Policy Number

        Process SOP For Retail Products Using The Insurance Portal                                                                102

        Channeling Kopnus / Mechanism Guidelines on Pension Credit Switching / Take Over Process through Kopnus
                                                                                                                                  103
        Channeling Cooperation

        Pension, Pre-Retirement & Payroll Loan Program Products                                                                   104

        Technical Instructions regarding Standardization of Mandatory Documents and Covenants for SME Segment
                                                                                                                                  105
        Credit
        Technical Instructions on Centralization of Bank Guarantee Submission with Counter Bank Guarantee (KBG)
                                                                                                                                  106
        Collateral Specifically for SME Debtors / Principals Segment through the SME Partnership Department
        Program Product Regarding Customer Fund Account (RDN) KB Bank                                                             107


        Policy on Consumer Protection Code of Ethics PT. Bank KB Bukopin, Tbk                                                     108


        Standard Operational Procedures Regarding Auto Loan Channeling in Collaboration with Multi Finance
                                                                                                                                  109
        Companies

        Standar Operation Procedures on Customer Fund Account (RDN) KB Bank                                                       110


        Policy on Employee Appointment of PT Bank KB Bukopin Tbk                                                                  111


        Guidelines Concerning Treasury Dealer Limit Management PT Bank KB Bukopin Tbk                                             112


        Policy Concerning Global Treasury PT Bank KB Bukopin Tbk                                                                  113

        Policy on Business Travel                                                                                                 114

        Guidelines of Credit Collateral Management at PT Multifilling Mitra Indonesia                                             115


        Standard Operating Procedure on VIP Referral & Reward Priority Program                                                    116


        Guidance Mechanism on Opening a Pension Standby Account Without Attendance for etirees of Dapen Partners                  117


        Organization Roles and Responsibilities Policy PT. Bank KB Bukopin Tbk                                                    118

        Technical Instructions on Patch Management                                                                                119



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        Corporate Governance




                                                             Title                                                         Policy Number

        Technical Instructions for Teleworking                                                                                  120
        Technical Instructions for User Access Management                                                                       121

        Guideline of Office Inventory Write Off & Sale in PT Bank KB Bukopin Tbk                                                122

        High-level Policy of KB Bank Governance                                                                                 123

        INTRADAY KPEI Current Account Loan Program Product                                                                      124


        Standard Operating Procedures of Intraday KPEI Current Account Loan                                                     125

        Guidelines on Building Safety                                                                                           126

        Information Security Management System Policy                                                                           127


        Standard Operational Procedure Regarding Airport Executive Lounge & Airport Handling                                    128

        Guideline on Withholding of Retirement Benefits for Pension Credit Installments with Withholding Assistance
                                                                                                                                129
        Partners (Banpot Partners) and Withholding Through KOPNUS

        Take Over Pension Credit through Channeling Cooperation                                                                 130


        Policy on Consumer Protection and Society PT Bank KB Bukopin Tbk                                                        131

        Guidance on Transaction Without Customer
                                                                                                                                132
        Presence

        Guidelines of Management of AO Code and Transfer of Portfolio                                                           133


        Policy on Basic Salary Scale for Employees of PT Bank KB Bukopin Tbk                                                    134

        Policy on Remuneration of Foreign Workers                                                                               135

        Policy on Regulation of Spiritual Travel Facilities for Employees of PT Bank KB Bukopin Tbk                             136

        Standard Operational Procedure on Application Of Speciment And Photos In Handling Customer Complaints &
                                                                                                                                137
        Savings Transactions

        Standard Operational Procedure on Procedure onsh in Transit                                                             138


        Standard Operating Procedure on Debit Card Stock App                                                                    139

        Standard Operational
                                                                                                                                140
        Procedure on Pension Customer Authentication

        Policy on Employee Leave PT Bank KB Bukopin Tbk                                                                         141

        Policy on Education Support                                                                                             142
        Guidelines on the Implementation of Business and Control Units in the Quality Control Department of PT Bank
                                                                                                                                143
        KB Bukopin Tbk

        Pension Fund Regulation of KB Bukopin Bank Pension Fund                                                                 144


        Standard Operating Procedure on Global Bonds                                                                            145


        Standard Operating Procedure on Money Market                                                                            146

        Halo KB Bank 14005 Guidelines                                                                                           147
        Guidelines on Special Forms                                                                                             148




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Page 307
                                                             Title                                                  Policy Number

        KB Bank's Loan at Risk Portfolio Management Policy                                                               149

        SME Loan Take Over Guidelines                                                                                    150

        Guidelines for the Use of Approved List of Suppliers and Buyers                                                  151

        Guidelines on Current Account Analysis                                                                           152
        Standart Operating Procedure on Fuel Card                                                                        153

        Policy Regarding Outsource Management of PT Bank KB Bukopin Tbk                                                  154


        Policy on Collective Loan at Risk PT Bank KB Bukopin Tbk                                                         155


        Technical Instruction of Data Deletion and Factory Reset Windows OS                                              156


        Standard Operating Procedure on the Implementation of Personal Loan Restructuring                                157


        Standard Operating Procedures On The Implementation of Consumer Credit Restructuring                             158

        Marketable Securities Guidelines                                                                                 159

        Guidelines on Cancellation of Retirement Business Credits                                                        160

        Policy on Making Agreements and Power of Attorney Agreements                                                     161

        Guidelines on SME Credit Process through Credit Regional Center (CRC)                                            162


        Technical Guidance on Cybersecurity Management                                                                   163


        Technical Guidance on Statement of Applicability of Information Management System ISO/IEC 27001:2013             164


        Technical Guidance on the Business Impact Analysis Form                                                          165


        Technical Guidelines on Information Technology Service Continuity Management                                     166


        Technical Guidelines on ITSCM Organization Role & Function Mapping                                               167


        Guidelines on Cash Collateralized Loans (Back to Back Loan)                                                      168

        Standard Operating Procedure for Current Account                                                                 169
        Bank Syariah Service Guidelines                                                                                  170

        Guidelines on the Implementation of Know Your Employee PT Bank KB Bukopin Tbk                                    171

        Technical Guidance About Win 2016 Member Server OS Security System                                               172


        Technical Guide to Linux Operating System Configuration                                                          173


        Technical Instructions on Windows 10 Operating System Security Configuration                                     174


        Technical Guidelines on User Management and Password Management                                                  175


        Technical Guidance on Mapping the Tasks and Responsibilities of the ISMS Management Organization                 176


        Technical Guidelines on Information Security Incident Management                                                 177


        Technical Guidelines on Information Security Incident Management                                                 178




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         Corporate Governance




                                                            Title                                                        Policy Number

        Technical Guidelines on Desktop/ Laptop Software                                                                      179


        Standar Operating Procedure on Transaction Codes without Customer Presence                                            180


        Technical Guidance on Selection of Fronting Vendors for Pension Credit                                                181


        Technical Guidelines on Payment of Fronting Fees                                                                      182


        Guidelines regarding Loan Temporary Extension Process (TE)                                                            183


        Technical Guidelines Regarding DPD Retail Credit Portfolio Management                                                 184

        Kebijakan Tentang Penerapan APU, PPT, dan PPPPSPM                                                                     185

        Guideline on Write Off PT Bank KB Bukopin, Tbk                                                                        186


        Technical Instruction of DTI Document, Recording and Data Log Retention                                               187


        Standard Operationg Procedure About QRIS Management PT Bank KB Bukopin, Tbk                                           188

        Policy on Office Network Classification                                                                               189

        Guidelines Regarding Credit SME, Commercial, Corporate, and Korean Link PT. Bank KB Bukopin, Tbk                      190


        Standard Operating Procedures On Credit Card Collection                                                               191


        Standard Operating Procedure regarding Dormant Account                                                                192


        Standart Operating Procedure of Fraud Detection System                                                                193

        KBStar Application                                                                                                    194

        Policy concerning Approval of Allowance for Impairment Losses Determination                                           195


        Standard Operating Procedure on KB Bank Debit Card                                                                    196


        Standard Operating Procedure on KB Bank Credit Card                                                                   197

        Policy on Holiday Allowance (THR) for PT Bank KB Bukopin Tbk Employees                                                198

        Policy of Training, Workshop and Socialization Implementation for Employees PT Bank KB Bukopin Tbk                    199


        Standard Operating Procedure on Compensation for Delayed Fund Transfers                                               200

        Guidelines on EDC and Merchant Services                                                                               201

        Guidelines on Insurance Management in the Framework of Credit & Asset Support for PT Bank KB Bukopin, Tbk             202


        Technical Guidelines on ATM/Debit Card and Electronic Channel Fraud Control                                           203


        Technical Guidelines on Credit Card and Fraud Control                                                                 204


        Technical Guidelines on High Privilege User Management                                                                205


        Technical Guidelines on Finger Print Access Management                                                                206

        Technical Guidelines on Data Center Access                                                                            207




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                                                             Title                                                      Policy Number

        Anti Fraud Strategy Policy                                                                                           208
        Guidelines on KB Bank Activities as Mutual Fund Selling Agents (APERD)                                               209

        Guidelines on Foreclosed Collateral PT Bank KB Bukopin Tbk                                                           210


        Program Products on Debtor Current Account Loans MSME, Wholesale & Korean Link PT. Bank KB Bukopin, Tbk              211

        Program Products about Payroll Loan                                                                                  212

        Guidance regarding Term Loan Review Process PT Bank KB Bukopin Tbk                                                   213

        Guidelines on the Implementation of Thematic Unit in the Quality Assurance Departement PT Bank KB Bukopin,
                                                                                                                             214
        Tbk

        Techinichal Instructions of Source Code Control                                                                      215

        Guidance on Implementation for Budget PIC                                                                            216
        Guidelines on Bancassurance Activities Reference Business Model Outside the Framework of Bank Products
                                                                                                                             218
        (Telemarketing)
        Guidelines on the Implementation of Anti-Money Laundering (AML), Prevention of Terrorism Financing (PPT)
                                                                                                                             219
        and Prevention of Weapons of Mass Destruction Proliferation (PPPSPM) Programs
        Guidelines on Individual and Consolidated Risk Profile Assessment                                                    220
        Accounting Guidelines on Foreclosed Assets (AYDA) PT Bank KB Bukopin Tbk                                             221
        Policy on Operational Risk Management of PT Bank KB Bukopin Tbk                                                      222
        Policy on Risk Appetite of PT Bank KB Bukopin, Tbk                                                                   223

        High Level Policy Regarding Risk Management PT Bank KB Bukopin, Tbk                                                  224


        Policy on Recovery Action Plan of PT Bank KB Bukopin, Tbk                                                            225

        Standard Operational Procedure for Forex and Money Market Transaction Mechanisms on the Opics Application            226
        Standard Operatioanl Procedures on Senior Bonds                                                                      227

        Standard Operational Procedure Regarding Branch Development                                                          228

        Swamitra Standard Operating Procedure                                                                                229
        Swamitra Loan Standard Operating Procedure                                                                           230

        Technical Guidelines on Cooperation and Collection of Retail Loans by Third Parties                                  231


        Technical Guidelines Regarding Stress Test Implementation for Risk Management                                        232


        Policy on Utilization of Expatriates, Knowledge Transfer Program and Business Visits                                  5


        Guidelines for SME Business Transaction at the End of the Month                                                      29


        Standard Operational Procedure for KB Bank Current Account                                                           30


        Policy Regarding Credit Committee Institution And Authority PT Bank KB Bukopin Tbk                                   32


        Guidelines About Bank Indonesia Real Time Gross Settlement (BI-RTGS) System                                          34


        Technical Instructions Regarding Calculating Allowance of Impairment Credit PT Bank KB Bukopin Tbk                   37

        Technical Instructions regarding Foreclosed Assets (AYDA)                                                            38

        SME Credit Rating Guidelines PT. Bank KB Bukopin, Tbk.                                                               46




Annual Report    2024                                                309                                           PT Bank KB Bukopin Tbk
Page 310
          Corporate Governance




                                                             Title                                                          Policy Number

         Guidelines for Wholesale & Commercial Credit Rating PT Bank KB Bukopin, Tbk.                                             47

         Standard Operating Procedure on Complain Tracking System (CTS) Application                                               49

         Complain Tracking System (CTS) Application Guidelines                                                                    50

         Product Program About Mortgage Express Take Over and Top Up From Take Over (Second Extension)                            63

         Service Guidelines and Customer Complaint Resolution                                                                     69

         Guidelines regarding The Guarantee and Credit Collateral of KB Bank                                                      94

         Guidelines Regarding KB Bank Savings                                                                                     100




2. Governance Process
   a. The Board of Directors carries out the governance process                c. KB Bank is carrying out several programs in order
      in accordance with the principles of GCG in carrying out                    to strengthen corporate culture, Compliance, APU
      its duties and responsibilities according to its authority,                 PPT, and Anti-Fraud, including the implementation of
      including:Menerapkan prinsip GCG berupa Transparency,                       E-Learning Human Capital Morning Quiz, periodic branch
      Accountability, Responsibility, Independency dan Fairness.                  socialization, and APU PPT training attended by the Board
      i) Implementing the principles of GCG in the form                           of Commissioners, Directors, and Executive Officers.
            of Transparency, Accountability, Responsibility,                   d. Monitoring of macroprudential ratios and their fulfillment
            Independence and Fairness.                                            has been carried out.
      ii) Making strategic decisions based on the decisions of                 e. Strengthening the Bank's compliance function by
            the Board of Directors Meeting which are stated in                    making various efforts including reducing regulatory
            the minutes of the meeting and are well documented.                   fines, fulfilling commitments to regulators, socializing
      iii) Holding several meetings together with the Board                       new regulations through Bukopin Office Communication
            of Commissioners, Committees under the Board of                       (BOC), IGRC, Focus Group Discussion (FGD), discussions in
            Directors, and with related work units to discuss                     the Board of Directors meeting forum, discussions in the
            strategic issues and find solutions for improvement                   Risk Monitoring Committee (ROC/Audit Committee) forum,
            steps.                                                                as well as monitoring the fulfillment of commitments,
      iv) Having prepared the Bank's action plan requested by                     monitoring reports and fines by the Compliance
            the OJK and has made a report on the realization of                   Department.
            the action plan to the OJK in a timely manner.                     f. Carrying out credit examination activities both regularly
      v) Preparing a comprehensive Quarterly Bank Business                        in several branches and for special credit examinations.
            Realization Report.                                                g. The Board of Commissioners has carried out the
      vi) Conducting a series of stress tests as the Bank's                       supervision process for the duties and responsibilities
            anticipatory steps towards future conditions, including:              of the Board of Directors, including:
            the end of the Covid restructuring and its impact on                  i) Conducting periodic evaluations and monitoring of
            the Bank's liquidity and capital ratios, increasing GWM                    financial performance.
            and DPK withdrawal simulations, conducting periodic                   ii) Discussing the Bank's strategic policies.
            NSFR and LCR calculations.                                            iii) Ensuring follow-up to SKAI findings, follow-up to
      vii) Following up on findings and recommendations from                           external audit reports, results of supervision by
            the results of SKAI examinations, External Audits,                         authorized authorities and matters relating to the
            and supervision by authorized authorities, including                       Board of Directors' commitment to implementing GCG
            preparing an action plan for the prevention and                            principles.
            resolution of non-compliance event problems.                       h. All Committees supporting the implementation of the
      viii) Carrying out other duties and responsibilities based on               Board of Commissioners' duties have carried out their
            recommendations from the Regulator and direction/                     duties well and acted independently, namely by:
            advice from the Board of Commissioners while still                    i) Provide recommendations to the Board of
            referring to the provisions of the Company's Articles                      Commissioners based on adequate analysis.
            of Association and applicable laws and regulations.                   ii) Coordination between the Committees under the
   b. KB Bank is in the process of forming a special work unit                         Board of Commissioners with SKAI, Risk Management
      responsible for prevention, fraud, and manipulation of                           Work Unit and Compliance Work Unit is running well,
      financial information.                                                           this is reflected in the discussions carried out in order
                                                                                       to evaluate the findings of SKAI, the implementation of


Annual Report     2024                                               310                                             PT Bank KB Bukopin Tbk
Page 311
            Risk Management and monitoring the implementation             j. KB Bank received the CNBC Indonesia Communication
            of the Compliance Function towards fulfilling                    Strategists Awards in the Strategic Communication
            commitments to the results of the OJK and Bank                   Excellence category.
            Indonesia examinations.                                       k. The Bank continues to build a compliance culture and
       iii) There has been a firmness in sanctions for violations            risk culture by strengthening the Compliance Function,
            to create a Compliance Culture                                   Risk Management, Internal Audit Function and Quality
                                                                             Assurance at all levels of the organization, including
3. Governance Outcome                                                        fulfilling and following up on the findings of internal and
   a. The existence of the Company's Articles of Association that            external auditors and other supervisory authorities.
      are in accordance with applicable provisions.                       l. The Bank has implemented transparency of Financial and
   b. Disclosure of the 2023 Annual Report which contains                    Non-Financial Reports periodically in accordance with
      information disclosure related to financial, non-financial             applicable regulations and has provided and/or conveyed
      reports, and implementation of governance that has been                information regarding products and/or services that are
      approved by the GMS on June 28, 2024.                                  accurate, honest, and clear, both through the KB Bank
   c. The Board of Commissioners and Directors of the Bank                   website and/or print media.
      have carried out their duties and held meetings both                m. The Internal Audit Work Unit and the Anti-Fraud Work
      individually and jointly in accordance with applicable                 Unit have carried out independent and continuous audits
      provisions and administered each document of the                       and monitoring in accordance with the annual audit work
      minutes of the Meeting.                                                plan / risk-based audit and the established Anti-Fraud
   d. The Bank reported the Report on the Use of Funds from                  strategy plan.
      PUT VI and PUT VII for the period of June 2024 on time              n. External Audit has acted objectively in conducting audits
      in July 2024.                                                          so that the audit results submitted to Management have
   e. As of December 2024, the Bank has realized the use of                  described the KB Bank problems that will be followed up
      funds from the Limited Public Offering VI amounting to                 by KB Bank Management. The submission of the external
      Rp6,968,767,192,583 with the following details:                        audit results is submitted in a timely manner to the OJK.
      i) Investment related to IT development IDR                         o. Carrying out continuous business process improvements,
           1,056,338,644,159;                                                one of which is by regulating the credit approval process
      ii) expansion of new good quality credit of IDR                        through Committee decisions. This is intended to improve
           5,912,428,548,424                                                 the implementation of risk management at all levels of
   f. As of December 2024, the Bank has realized the use of funds            the organization involved in the Bank's credit activities
      from the Limited Public Offering VII of Rp11,921,338,955,073           and prevent abuse of authority or fraudulent actions by
      with the following details:                                            Employees.
      i) additional investment to KB Bank Finance of IDR                  p. The Bank follows up on the results of the OJK and
           592,000,000,000;                                                  Bank Indonesia examinations in accordance with the
      ii) additional investment to KB Bank Syariah of IDR                    commitment for the position of December 2024, with
           698,000,000,000;                                                  achievements according to the Bank's assessment as
      iii) expansion of new good quality credit of IDR                       follows:
           10,649,338,955,073;                                               i) Examination by OJK in 2024, Total achievement of
   g. The bank's fundamental financial ratios are still well                      Examination Follow-up for the position of December
      maintained and in accordance with applicable regulations,                   2024 is 100%.
      namely as follows:                                                     ii) Audit by Bank Indonesia in 2024, Total achievement of
                                                                                  Audit Follow-up as of December 2024 is 100%.
         NO         Description       Parameter   December 2024           q. The Bank fulfills data requests from OJK in the context of
                                                                             supervision carried out daily.
                Capital
          1                           CAR         16.87%                  r. The Bank follows up on the resolution of consumer
                Strengthening
                                                                             complaints and periodically reports on consumer
                Liquidity                                                    complaints to OJK.
          2                           LCR         146.84%
                strengthening
          3     Liquidity stability   NSFR        102.44%             Weaknesses in Implementing Governance
          4     Credit Quality        NPL Net     4.38%               1. Governance Structure
                                                                         a. There are still PKO/SOPs that still need updating in
   h. The Bank received an idAAA rating with a stable outlook               connection with new regulations, changes in business
      from the credit rating agency Pefindo and AAA(idn) from               processes and periodically the provisions require updating.
      Fitch Rating. This achievement shows that the Bank has             b. There are several positions that are still held by alternates,
      reliability in terms of financial strength, stability, and            and certification has not been fulfilled.
      various other advantages.
   i. KB Bank received the Green Economy Award from Detik
      Network for its role in supporting the Growth of the Electric
      Vehicle Ecosystem.

Annual Report     2024                                            311                                           PT Bank KB Bukopin Tbk
Page 312
          Corporate Governance



    Problems Identification / Root causes are:                         3. Governance Outcome
    a. There are changes in systems and organizations and                 a. There are several strategic targets of the Bank that have
       policies that are very numerous to be updated, priorities             not been achieved, including:
       and human resources are needed.                                       i) Settlement of Bad Assets
    b. There are changes in organizational structures and                    ii) Improvement of Good Bank
       employees who are entering retirement.                                iii) Development of office network technology
                                                                                  infrastructure and HR
    In connection with this, the Bank has done the following to              iv) Increase in Bank capital
    improve:                                                              b. There are still fines as a result of inaccurate and imprecise
    a. Ensuring SOPs are in accordance with the latest regulations           reporting to regulators.
        by continuously monitoring and mapping the PIC policy             c. There is an excess of BMPK until December 2024.
        owners and submissions for updating with time targets.            d. There is a delay in the Audited Financial Report for the
    b. Fulfillment of human resource needs through internal                  2023 fiscal year
        talent or external hire                                           e. There is a delay in the NGBS (SHINE) project

2. Governance Process                                                     Problems Identification / Root causes are:
   a. The fulfillment of the Bank's commitment to the Regulator           a. Lack of evaluation of the implementation and improvement
      needs to be improved, including accuracy and speed that                of strategies and business processes to ensure the Bank's
      require Active Supervision from the Board of Directors                 performance is in accordance with the Bank's Business
      and Board of Commissioners.                                            Plan.
   b. he realization of the RBB is still not optimal to fulfill the       b. Need to improve the quality of the Bank's information
      regulator's commitment.                                                system management and monitoring through supervision.
   c. There are still errors/corrections made in filling out reports      c. Replacement of Public Accounting Firm
      to the OJK, including reporting the Integrated General Bank         d. The old contractor was unable to complete the work
      Report (LBUT) and APOLO. As well as delays in responding               according to the agreed timeline at the beginning, so as
      quickly to letters regarding the action plan from the OJK.             a solution, the contractor was replaced

    Problems Identification / Root causes are:                            In connection with this, the Bank has done the following to
    a. Lack of compliance culture from employees and less than            improve:
       optimal sanctions.                                                 a. The latest Bank Business Plan for 2024 has been prepared
    b. Lack of monitoring strategy for achieving the realization              and submitted to the OJK, including preparing an action
       of the RBB.                                                            plan for resolving low-quality credit to the OJK
    c. Human error, manual processes, lack of supervision.                b. Data input and reporting have been suggested in the SHINE
                                                                              project, so that all data is integrated with each other.
    In connection with this, the Bank has done the following to           c. Establishing a strategy for core capital recovery and
    improve:                                                                  reducing BMPK through an action plan that has been
    a. Socialization of Guidelines for fulfilling data and                    submitted to the OJK in May 2024, the commitment to
        information requests for supervision and inspection and               complete the BMPK excess was completed in December
        socialized to employees to be understood, and the Board               2024, but until the completion deadline (December 2024)
        of Directors through Board of Directors meetings monitors             it has not been fulfilled. The Bank has made a request
        the fulfillment of all Bank commitments to the Regulator              for an extension of the fulfillment period until June 2025
        so that they are fulfilled on time.                                   through letter No. 32963/PDI/XII/2024 dated December 6,
    b. Strict monitoring, improvement of KPIs, and increasing                 2024 by creating a more detailed and detailed action plan.
        rewards and punishments for employees
    c. Improving coordination and communication between
        units by conducting focus group discussions and good
        monitoring.




Annual Report     2024                                             312                                          PT Bank KB Bukopin Tbk
Page 313
Results of Self-Assessment on Implementation of Governance
In 2024, based on the findings and results of the analysis as described above, the implementation of good corporate governance
at KB Bank is categorized as “Good”. This is as reflected in adequate compliance with the principles of good corporate governance.
Weaknesses found in the implementation of good corporate governance in general are less significant and can be resolved with
normal actions by Bank Management. Thus, KB Bank GCG rating is Rank 2 (Good)

Soundness Rating of Banks
The Bank's soundness level reflects the results of an assessment of the Company's condition regarding the Bank's risks and performance
which can be seen from the final ranking of the assessment results based on OJK Regulation No. 17 of 2023 concerning the Implementation
of Governance for Commercial Banks, and OJK Circular No. 14/SEOJK.03/2017 dated March 17, 2017 regarding Assessment of the Soundness
Level of Commercial Banks using a risk approach (Risk-based bank rating) which includes four factors, namely:
1. Risk Profile;
2. Good Corporate Governance;
3. Profitability;
4. Capital.

Risk profile report is one of the important factors in assessing the health level of a Bank. Every bank is required to submit quarterly
risk profile reports in March, June, September, and December to the Financial Services Authority. The report is prepared using a
self-assessment using a risk approach (risk based Bank rating), as regulated in Financial Services Authority Circular Letter No. 14/
SE0JK.03/2017 dated March 17, 2017 concerning the Assessment of the Soundness Level of Commercial Banks. From the results of the
quarterly risk profile self-assessment submitted to the Financial Services Authority, for December 2024, the Bank's overall composite
risk rating is at P2.




Annual Report    2024                                           313                                           PT Bank KB Bukopin Tbk
Page 314
         Corporate Governance




CONFORMITY OF GCG IMPLEMENTATION TO
PUBLIC COMPANY GOVERNANCE GUIDELINES

Based on OJK Regulation no. 21/POJK.04/2015 concerning Public Company Governance and OJK Circular Letter No. 32/SE0JK.04/2015,
there are 5 aspects, 8 principles and 25 recommendations for implementing Good Corporate Governance. These recommendations
serve as standards that must be applied by the Company in implementing aspects and principles of Good Corporate Governance in
accordance with the Governance Guidelines.


                                                                                    Explanation of Implementation at KB
 No.            Principles                       Recommendations
                                                                                                    Bank
                                                                                                                               Description

       Aspect 1: Public Company Relations with Shareholders in guaranteeing the rights of Shareholders
                                                                                   The Bank regulates the mechanism
                                     1.   Company has a method or technical        or procedure for collecting votes in
                                          procedure for voting (open or closed     the Company's Articles of Association
                                          voting) that prioritizes independence,   which prioritizes the independence and     Fulfilled
                                          and the interests of shareholders.       interests of shareholders in accordance
                                                                                   with the POJK General Meeting of
                                                                                   Shareholders
       Principle 1 Increasing the    2.   All members of the Board of Directors
       Value of Holding a GMS                                                      All Directors and Board of Commissioners
                                          and Board of Commissioners of the
                                                                                   were present at the Annual GMS, either   Fulfilled
                                          Public Company are present at the
                                                                                   face-to-face and/or via video conference
                                          Annual GMS

                                     3.   A summary of GMS minutes is available    The Bank has provided the minutes of
                                          on the Public Company Website for at     the GMS on the website in the Investor     Fulfilled
   I                                      least 1 (one) year.                      Relations section



                                                                                   The Bank has special communication
                                     4.   Public Company has a communication       facilities for shareholders and other
                                                                                                                              Fulfilled
                                          policy with shareholders or investors.   stakeholders in the form of corporate
                                                                                   secretary e-mail and investor relations.
       Principle 2 Improving the
       Quality of Public Company
       Communication with
       Shareholders or Investors.
                                                                                   The bank has included the corporate
                                     5.   The Public Company discloses the
                                                                                   secretary and investor relations
                                          Public Company's communication
                                                                                   e-mail on the website as a means of        Fulfilled
                                          policy with shareholders or investors
                                                                                   communication between the company
                                          on the Website
                                                                                   and stakeholders.




Annual Report    2024                                               314                                              PT Bank KB Bukopin Tbk
Page 315
                                                                                   Explanation of Implementation at KB
 No.            Principles                       Recommendations
                                                                                                   Bank
                                                                                                                               Description

       Aspect 2: Function and Role of the Board of Commissioners
                                     6.   Determination of the total of members   The Company determines the number of
                                          of the Board of Commissioners           members of the Board of Commissioners
                                                                                                                              Fulfilled
                                          considers the condition of the Public   in accordance with POJK Governance and
                                          Company.                                other applicable regulations
       Principle 3 Strengthening
       the Membership and                                                         The company determines the
       Composition of the Board of   7.   Determination of the composition        member composition of the Board of
       Commissioners                      of the members of the Board of          Commissioners takes the diversity,
                                          Commissioners takes into account the    expertise, knowledge and experience         Fulfilled
                                          diversity of expertise, knowledge and   required into account in accordance with
                                          experience required.                    POJK Governance and other applicable
                                                                                  regulations.
                                                                                  In accordance with Decree No. 005 of
                                                                                  2021 concerning Guidelines and Work
                                                                                  Rules for the Board of Commissioners of
                                     8.   The Board of Commissioners has          PT. Bank KB Bukopin Tbk dated 29 June
                                          a Self Assessment policy to assess      2021 that the Board of Commissioners is
                                                                                                                              Fulfilled
                                          the performance of the Board of         obliged to carry out a self-assessment
                                          Commissioners.                          which has been described in the
                                                                                  performance assessment section of the
                                                                                  Board of Commissioners of this Annual
                                                                                  Report.
                                     9.   Self-assessment policy to assess        Self-assessment to assess the
                                          the performance of the Board of         performance of the Board of
                                          Commissioners, is disclosed through     Commissioners is disclosed in the
                                                                                                                              Fulfilled
                                          the Annual Report of the Public         performance assessment section of the
                                          Company.                                Board of Commissioners of this Annual
  II                                                                              Report.
                                                                                  Any proposal for appointment and/
                                                                                  or replacement of members of the
                                                                                  Board of Commissioners/Directors to
       Principle 4 Improving                                                      the GMS must take into account the
       the Quality of Duties                                                      recommendations of the Remuneration
       and Responsibilities                                                       and Nomination Committee and obtain
                                     10. The Board of Commissioners has
       Implementation of the Board                                                approval as regulated in Decree 0272 of
                                         a policy regarding the resignation
       of Commissioners                                                           2017 concerning PT Bank KB Bukopin Tbk
                                         of members of the Board of                                                           Fulfilled
                                                                                  Good Corporate Governance Guidelines
                                         Commissioners if they are involved in
                                                                                  dated 10 February 2017. Explained in the
                                         financial crimes.
                                                                                  provisions that members of the Board
                                                                                  of Commissioners/ Board of Directors
                                                                                  must never be punished for committing
                                                                                  a criminal act that is detrimental to the
                                                                                  State's finances and/or the financial
                                                                                  sector.
                                                                                  The appointment and dismissal of the
                                                                                  Company's Directors is carried out based
                                                                                  on the principles of professionalism and
                                     11. The Board of Commissioners or            GCG. The Company refers to Financial
                                         the Committee that carries out the       Services Authority Regulation Number
                                         Nomination and Remuneration              17 of 2023 concerning Implementation of
                                                                                                                              Fulfilled
                                         function shall formulate a succession    Governance for the Public.
                                         policy in the process of nominating      A description of the succession policy
                                         members of the Board of Directors.       in the nomination process for members
                                                                                  of the Company's Directors has been
                                                                                  disclosed in the Directors' Succession
                                                                                  section of this Annual Report.




Annual Report   2024                                               315                                              PT Bank KB Bukopin Tbk
Page 316
         Corporate Governance



                                                                                       Explanation of Implementation at KB
 No.             Principles                        Recommendations
                                                                                                       Bank
                                                                                                                                     Description

        Aspect 3: Function and Role of Board of Directors
                                                                                      All members of the board of directors
                                                                                      have adequate competence and are
                                                                                      relevant to their position to carry
                                                                                      out their duties and responsibilities
                                                                                      in carrying out their duties and
                                                                                      responsibilities. Based on observations
                                        12. Determination of the total of members
                                                                                      of the curriculum vitae of members of
                                            of the Board of Directors considers the
                                                                                      the board of directors, it appears that the   Fulfilled
                                            condition of the Public Company and
                                                                                      directors have integrity and competence
                                            its effectiveness in decision making.
                                                                                      that supports the implementation of
                                                                                      their duties as bank directors. One of the
                                                                                      ways this is revealed is the track record
                                                                                      of a clear career path at the bank and
                                                                                      participation in various training and
                                                                                      certifications.
                                        13. Determination of the composition of       The company's financial reports are
  III   Principle 5 Strengthening the       members of the Board of Directors         prepared by referring to generally
        Membership and Composition          pays attention to the diversity of        accepted financial accounting standards       Fulfilled
        of Board of Directors.              expertise, knowledge, and experience      in Indonesia and have been signed by
                                            needed.                                   the Company's Board of Directors.
                                                                                      All members of the board of
                                                                                      directors have adequate and relevant
                                                                                      competencies for their position to carry
                                                                                      out their duties and responsibilities
                                                                                      in carrying out their duties and
                                                                                      responsibilities. Based on observation of
                                        14. Members of the Board of Directors
                                                                                      the curriculum vitae of members of the
                                            in charge of the field accounting
                                                                                      board of directors, it appears that the     Fulfilled
                                            or finance have expertise and/or
                                                                                      directors have integrity and competence
                                            knowledge in accounting.
                                                                                      that supports the implementation of
                                                                                      their duties as bank directors. One of the
                                                                                      ways this is revealed is the existence of a
                                                                                      track record of a clear career path at the
                                                                                      bank and participation in various training
                                                                                      and certifications.




Annual Report     2024                                                316                                                PT Bank KB Bukopin Tbk
Page 317
                                                                                    Explanation of Implementation at KB
 No.             Principles                      Recommendations
                                                                                                    Bank
                                                                                                                                 Description

                                                                                   Referring to Decree No.0404 of 2020
                                                                                   dated 30 December 2020, the Board
                                                                                   of Directors is obliged to carry out a
                                      15. The Board of Directors has the Self-
                                                                                   Self-Assessment Policy through the Key
                                          Assessment policies to assess the                                                     Fulfilled
                                                                                   Performance Indicator (KPI) assessment
                                          performance of the Board of Directors.
                                                                                   system as described in the Directors'
                                                                                   performance assessment section of this
                                                                                   Annual Report.
                                      16. The self-assessment policies to assess   The self-assessment of the directors'
        Principle 6 Improving the
                                          the performance of the Board of          performance has been disclosed in
        Quality of Implementation                                                                                               Fulfilled
                                          Directors are disclosed through the      the directors' performance assessment
        of Directors' Duties and
        Responsibilities                  annual report of the Public Company.     section of this annual report.
                                                                                   The policy regarding the resignation
                                                                                   of members of the Board of Directors
                                                                                   is regulated in Decree 0272 of 2017
                                      17. The Board of Directors has policies
                                                                                   concerning PT Bank KB Bukopin Tbk
                                          related to the resignation of members
                                                                                   Good Corporate Governance Guidelines         Fulfilled
                                          of the Board of Directors when
                                                                                   dated 10 February 2017. (*will be updated
                                          involved in financial
                                                                                   in accordance with POJK No. 17 of 2023
                                                                                   concerning the Implementation of
                                                                                   Governance for Commercial Banks.
                                                                                   Policies related to Insider Trading are
                                      18. Public Company has a policy to           regulated Fulfilled in Decree 0056 of 2022
                                          prevent Corporate Governance insider     concerning Share Ownership Policy for        Fulfilled
  III                                     trading.                                 Directors, Board of Commissioners and
                                                                                   Employees of PT Bank KB Bukopin, Tbk
                                                                                   KB Bank has an anti-fraud policy and
                                                                                   other policies related to anti-corruption,
                                      19. Public Company has anti-corruption
                                                                                   including Decree No.0165 of 2021             Fulfilled
                                          and anti-fraud policies.
                                                                                   concerning anti-bribery and Corruption
                                                                                   Policy dated December 3, 2021.
                                                                                   The Company has a policy regarding the
                                                                                   selection and improvement of vendor
        Principle 7 Improving                                                      capabilities through the Operational
        Corporate Governance          20. Public Company has a policy regarding
                                                                                   Activity Guidelines. The guidelines are
        Aspects through Stakeholder       the selection and enhancement of the                                                  Fulfilled
                                                                                   Circular Letter No.164/DIR/VI/2020
        Participation                     capability of suppliers or vendors.
                                                                                   concerning Guidelines for Operational
                                                                                   Activities - Procurement of Goods and
                                                                                   Services.
                                                                                   The Company has established
                                      21. Public Company has a policy regarding
                                                                                   Whistleblowing Fulfilled Guidelines          Fulfilled
                                          the fulfillment of creditor rights.
                                                                                   through Decree No. 1291/2018.
                                                                                   Decree No.0205 of 2023 on
                                      22. Public Company has a Whistleblowing
                                                                                   Whistleblowing Fulfilled System (WBS)        Fulfilled
                                          system policy.
                                                                                   Policy dated November 9, 2023
                                      23. Public Companies have a long-term
                                          incentive policy for Directors and       None                                         Unfulfilled
                                          employees.




Annual Report    2024                                              317                                                PT Bank KB Bukopin Tbk
Page 318
        Corporate Governance



                                                                                    Explanation of Implementation at KB
 No.            Principles                      Recommendations
                                                                                                    Bank
                                                                                                                              Description

       Aspect 5: Information Disclosure

                                     24. Public Company makes greater use of
                                                                                   The company has social media accounts.
                                         information technology in addition
                                                                                   They are the Newspapers and the           Fulfilled
                                         to the Website as a medium for
                                                                                   Indonesian Stock Exchange Website
                                         information disclosure.




  V    Principle 8 Improving         25. The Annual Report of Public Company
       the Implementation of             discloses the ultimate beneficial
       Information Disclosure            owner in the ownership of a Public
                                                                                   KB Bank every month reports share
                                         Company share of at least 5% (five
                                                                                   ownership of more than 5% to the Stock
                                         percent), in addition to the disclosure                                             Fulfilled
                                                                                   Exchange Authority and has disclosed it
                                         of the ultimate beneficial owner in
                                                                                   in this Annual Report.
                                         the ownership of the shares of the
                                         Public Company through the main and
                                         controlling shareholders




Annual Report   2024                                               318                                              PT Bank KB Bukopin Tbk
Page 319
                                                                    CORPORATE GOVERNANCE
                                                                  STRUCTURE AND MECHANISM

The Corporate Governance Structure of KB Bank follows the Law of the Republic of Indonesia no. 40 of 2007 concerning Limited
Liability Companies (UU PT). The Company's organs consist of the General Meeting of Shareholders (GMS), Board of Commissioners
and Directors. The management system adopts a two-tier system, namely the Board of Commissioners and Directors, which has clear
authority and responsibility in accordance with statutory regulations.

Each organ has an important role in implementing GCG and carrying out its functions, duties and responsibilities for the benefit of
the Company. To maximize the function of the main organ, KB Bank is supported by supporting organs, including Committees under
the Board of Commissioners, Company Secretary, Internal Audit Unit (SKAI), and Directors Committee under the Board of Directors.

The Board of Commissioners Committee which was formed to assist and improve the supervisory function carried out by the Board
of Commissioners, consists of:
1. Audit Committee;
2. Risk Monitoring Committee;
3. Remuneration & Nomination Committee;
4. Integrated Governance Committee.

Meanwhile, the Board of Directors together with the Bank's management are tasked with managing, controlling and being responsible
for the implementation of governance at KB Bank, assisted by the Corporate Secretary, Internal Audit (SKAI) and the Board of Directors
Committee, consisting of:
1. Risk Management Committee;
2. Asset and Liability Committee (ALCO);
3. Information Technology Steering Committee;
4. Credit Restructuring Committee;
5. Problem Loan Settlement Committee;
6. Credit Committee;
7. Foreign Exchange Committee;
8. IT Support Committee;
9. Internal Control and Anti-Fraud Committee.

                                                         KB Bank Governance Structure



              Main Organ                                       Support Organs                                          Infrastructure



                                                                                                                      Company Regulations,
                                                                   1.   Audit Committee
                                                                   2.   Risk Monitoring Committee                   Code of Ethics & Personnel
                                                                   3.   Remuneration & Nomination                     Behavior, Policies and
                                Board of Commissioners
                                                                        Committee                                          Procedures
                                                                   4.   Integrated Governance
                                                                        Committee

        General Meeting
        of Shareholders


                                                                   1.   Risk Management Committee
                                                                   2.   Asset and Liability Committee (ALCO)
                                                                   3.   Information Technology Steering Committee
                                      Directors                    4.   Remedial Committee
                                                                   5.   Integrated Credit Committee




                                                                               Business Unit




Annual Report     2024                                              319                                                     PT Bank KB Bukopin Tbk
Page 320
          Corporate Governance




The following is a list of policies and SOPs owned by KB Bank:


                  Policy/SOP                                                            Description
                                              •   Policy Number 108 of 2024 concerning the Consumer Protection Code of Ethics of PT Bank
                                                  KB Bukopin Tbk
                                              •   Decree of the Board of Directors No. 004 of 2023 concerning the Code of Ethics of PT Bank
 Code of Ethics
                                                  KB Bukopin Tbk
                                              •   Decree of the Board of Directors No. 0158 of 2022 concerning the Treasury Code of Ethics of
                                                  PT Bank KB Bukopin Tbk
                                              Guideline No. 190 of 2024 on SME, Commercial, Corporate, and Korean Link Credit of PT Bank KB
 Credit Lending Guidelines
                                              Bukopin Tbk
                                              •   Decree of the Board of Commissioners Number 005 of 2021 concerning Guidelines and Work
                                                  Rules of the Board of Commissioners
                                              •   Decree of the Board of Commissioners No. 004 of 2019 concerning Guidelines and Work
 Board of Commissioners & Supporting              Rules of the Audit Committee of PT Bank Bukopin Tbk
 Committee Work Guidelines                    •   Decree of the Board of Commissioners No. 005 of 2019 concerning Guidelines and Work
                                                  Rules of the Risk Monitoring Committee of PT Bank Bukopin Tbk
                                              •   Decree of the Board of Commissioners No. 001 of 2019 concerning Guidelines and Work
                                                  Rules of the Remuneration and Nomination Committee of PT Bank Bukopin Tbk
                                              •   Board of Directors Circular Letter Number SE/196/DIR/XII/2022 concerning Guidelines and
                                                  Work Rules of the Board of Directors of PT Bank KB Bukopin Tbk
                                              •   Policy Number 032 of 2024 concerning Institutions and Authorities of the Credit Committee
                                              •   Board of Directors Circular Letter Number SE/183/DIR/IX/2018 concerning the Bank Bukopin
 Board of Directors Work Guidelines               Credit Policy Committee
                                              •   Board of Directors Decree Number 0128 of 2023 concerning the Risk Management Committee
                                                  Charter of PT Bank KB Bukopin Tbk
                                              •   Policy Number 102/K-ITGV/DTI of 2023 concerning the Information Technology Steering
                                                  Committee
                                              Board of Directors Decree No. 0146 of 2022 on the Internal Audit Charter of PT Bank KB Bukopin
 Internal Audit Charter
                                              Tbk
 Risk Management Guidelines                   High Level Policy No. 224 of 2024 on Risk Management of PT Bank KB Bukopin Tbk
 Gratification Management Guidelines          Board of Directors Decree No. 0165 of 2020 on Anti-Bribery and Corruption Policy

 Whistleblowing System                        Guideline No. 095 of 2024 on the Whistleblowing System (WBS) of PT Bank KB Bukopin Tbk

                                              •   Articles of Association, PT Bank KB Bukopin Tbk
 Other Guidelines                             •   Policy No. 001 of 2023 on Hierarchy & Governance of Internal Provisions of PT Bank KB
                                                  Bukopin Tbk



Corporate Governance Mechanism
KB Bank is committed to implementing GCG principles as part             evaluation process involves various parties within the company
of its operational foundation. This commitment is manifested            to ensure that the policies implemented remain relevant and
through policies and procedures that are consistently applied           provide optimal benefits.
in every aspect of the Company's operations.
                                                                        More than just implementation, KB Bank also emphasizes the
The implementation of GCG is not just compliance with regulations,      importance of communication and socialization of GCG policies
but has become a work culture that is inherent in all levels of the     to all employees. Various initiatives such as training, internal
organization. From management to employees, every individual            discussions, and the use of company communication media are
has the responsibility to understand and apply GCG principles in        carried out to strengthen the understanding and application
every decision and activity.                                            of GCG principles in every line of business. Thus, KB Bank can
                                                                        continue to maintain transparency, accountability, and the trust
To maintain the effectiveness of the policy, KB Bank routinely          of stakeholders.
evaluates and adjusts to stay in line with industry dynamics, the
latest regulations, and best practices in the banking sector. This


Annual Report       2024                                          320                                               PT Bank KB Bukopin Tbk
Page 321
                                             GENERAL MEETING OF SHAREHOLDERS


The General Meeting of Shareholders (GMS) at KB Bank serves as the highest forum equipped with special rights and authority, in
accordance with the provisions stipulated in statutory regulations and the Bank's Articles of Association. Its main function is as an
effective communication medium between the Board of Directors, Board of Commissioners and shareholders.

In each GMS, shareholders have the opportunity to ask questions and get answers to various issues related to the Bank's policies,
performance and strategic direction. This allows shareholders to gain a deeper understanding of the various aspects that influence
the Bank's performance and prospects. Apart from being a means for communication, the GMS is also an opportunity to maintain
transparency and accountability of Bank management to shareholders. In this way, decisions taken by the Board of Directors and
Board of Commissioners can be accounted for clearly and in accordance with the interests of shareholders.

The entire GMS process also reflects the Bank's commitment to ensuring that the principles of good corporate governance are applied
consistently, ensuring that all parties involved in decision making are within the established corridors, and ensuring that the interests
of shareholders are well safeguarded.

The Company's GMS is held with reference to provisions including:
1. Law No. 40 of 2007 concerning Limited Liability Companies;
2. OJK Regulation No. 15/P0JK.04/2020 dated April 20, 2020 concerning Plans and Implementation of the General Meeting of
   Shareholders of Public Companies;
3. OJK Regulation No. 16/P0JK.04/2020 dated April 20, 2020 concerning the Implementation of Electronic General Meetings of
   Shareholders of Public Companies; And
4. OJK Regulation No. 17 of 2023 concerning Implementation of Governance for Commercial Banks.

Shareholders
Shareholders are individuals or legal entities who legally own Bank shares. Shareholders do not intervene in the functions, duties and
authority of the Board of Commissioners and Directors. As of December 31, 2024, the composition of KB Bank Shareholders is as follows:



                                                           KB Financial Group Inc.


                                                                       100%




                 STIC Eugene Star Holdings
                                                                                                        Public < 5%
                           Inc.

                             16.98%                                     66.88%                                  16.14%




Annual Report    2024                                             321                                            PT Bank KB Bukopin Tbk
Page 322
          Corporate Governance




Type of GMS                                                            Shareholder Rights
In the Articles of Association of the Company, it is stated that       Shareholder rights in accordance with Law No. 40 of 2007 are as
there are 2 (two) types of GMS in the Company:                         follows: :
1. Annual GMS                                                          1. Receiving stock dividends on terms and conditions in
    This GMS is held no later than 6 (six) months after the end of         accordance with the resolution of the GMS.
    the fiscal year. The main agenda of the Annual GMS consists        2. Participating in making decisions at the GMS based on the
    of submitting the Financial Statement and Annual Report                applicable terms and conditions and the GMS Rules.
    from the Board of Directors to be ratified and approved by         3. Obtaining information regarding the GMS Rules and voting
    Shareholders, appointing a Public Accounting Firm for the next         procedures in the GMS.
    year, deciding on the use of profits, appointing or dismissing
    members of the Board of Directors or members of the Board          Procedure For Holding GMS
    of Commissioners and deciding on other matters required.
2. Extraordinary GMS                                                   1. Extraordinary General Meeting of Shareholders (hereinafter
    The implementation of the Extraordinary GMS can be held at            referred to as “Meeting”) will be held in Indonesian language.
    any time according to the needs of the Company by the Board of
                                                                       2. In accordance with Article 12 paragraph 7 of the Company’s
    Directors or the Board of Commissioners, at the request of the
    Shareholders.                                                         Articles of Association, the Meeting will be chaired by a
                                                                          Member of the Board of Commissioners appointed by the
                                                                          Company’s Board of Commissioners.
Authority of GMS                                                       3. All meetings are discussed on an ongoing basis.
                                                                       4. After finishing discussing each meeting, the Chairperson of
The GMS has authority not given to the Board of Directors or the          the Meeting will provide the opportunity for shareholders
Board of Commissioners, within the limits specified in Law No. 40 of      or their proxies to submit questions opinions, proposals or
2007 concerning Limited Liability Companies and/or the Company's          suggestions before voting on matters relating to the Meeting
articles of association. The authority of the GMS includes:               event discussed.
1. Evaluating the performance of the Board of Commissioners            5. The right to ask for questions and/or opinions at the Meeting
    and the Board of Directors.                                           are only the shareholders of the Company or their legal proxies
2. Approving amendments to the Articles of Association.                   whose names are registered in the Register of Shareholders
3. Approving the Board of Directors' Report, the Board of                 of the Company the day before the notice date of GMS.
    Commissioners' Supervisory Report and the Company's                6. Questions: Shareholders who want to ask questions, are
    Financial Statement.                                                  welcome to raise their hands and fill out the question form
4. Determining the allocation of profit use.                              that has been distributed. The clerk will collect the form that
5. Appointing and determining the cost of public accountant               has been filled out by the questioner, which includes the name,
    services.                                                             total of shares owned or represented and the questions. After
6. Determining the amount and type of compensation and                    the questioner has asked questions through the form, the
    facilities for management.                                            Chairperson will answer or respond. Questions that will be
7. Approving the Annual Report including the Company's                    answered are questions that are directly related to the Meeting.
    Financial Statement and the Supervisory Report of the              7. Voting Rights
    Board of Commissioners of the Company and providing                   a. Only the Company’s shareholders whose names are
    compensation and discharge of responsibility (acquit et                   recorded in the Register of Shareholders of the Company
    decharge) to members of the Board of Directors and the Board              one day prior to the notice date or their attorney are
    of Commissioners for the management and supervision actions               entitled to vote.
    that have been carried out by each.                                   b. Each share gives the holder the right to issue 1 (one) vote.
8. Granting power and authority to the Board of Directors to
    determine and pay final dividends.                                 Meeting Resolutions are made by deliberation to reach consensus.
9. Making decisions regarding the organizational structure, for        If deliberations to reach consensus are not reached, a vote will
    example changes to the Articles of Association, mergers,           be held later.
    amalgamations, separations, dissolutions and liquidations
    of the Company.
10. Appointing and/or changing the composition of the members
    of the Board of Directors and Board of Commissioners.
11. Deciding on remuneration, namely: determination of salaries,
    other allowances, and honorariums of the Company's Board
    of Directors and Board of Commissioners.
12. Approving transactions that contain conflicts of interest.
13. Granting power and authority to the Board of Commissioners
    to appoint a Public Accounting Firm (KAP) by considering the
    recommendations of the Audit Committee.

Annual Report     2024                                               322                                        PT Bank KB Bukopin Tbk
Page 323
Quorum Terms
A General Meeting of Shareholders can be held if it is attended by Shareholders representing more than ½ (one half) of the total of
shares with valid voting rights issued by the Company. If the quorum as intended is not achieved, a second GMS shall be called. The
second GMS shall be valid and entitled to make binding decisions if attended by Shareholders representing at least 1/3 (one third)
of the total of shares with valid voting rights issued by the Company.

Implementation of the 2024 GMS
KB Bank has submitted the GMS notification to OJK, as attached below:
1. Letter No. 19416/DIR/XII/2022 dated December 11, 2022 regarding Notification of the Agenda of the Extraordinary General Meeting
   of Shareholders (LB GMS) of PT Bank KB Bukopin Tbk and Letter No. 00014/DIR/I/2024 dated January 02, 2024 regarding Notification
   of Amendments to the Explanation of the Agenda of the Extraordinary General Meeting of Shareholders (LB GMS) of PT Bank KB
   Bukopin Tbk.
2. Letter No. 08931/DIR/V/2024 dated May 15, 2024 regarding the Notice of Agenda for the 2024 Annual General Meeting of Shareholders
   (AGM) of PT Bank KB Bukopin Tbk.

2024 Annual GMS
In 2024, KB Bank held an Annual GMS on June 28, 2024 and the implementation process was in accordance with the mechanisms stated
in POJK No. 15/POJK.04/2020 dated April 20, 2020 concerning the Plans and Implementation of General Meetings of Shareholders of
Public Companies and No.16/POJK.04/2020 dated April 20, 2020 concerning the Implementation of Electronic General Meetings of
Shareholders of Public Companies as well as the provisions of the Articles of Association of KB Bank

Resolution of the 2024 Annual GMS

The main resolution of KB Bank 2024 Annual General Meeting of Shareholders are as follows:
         Notification            Announcement                 Notice                   Implementation               Results and Resolutions




                              KB Bank has                                                                          Summary of the Minutes of
 KB Bank has submitted                                KB Bank has made          KB Bank held its Annual GMS
                              announced the Annual                                                                 the Annual GMS has been
 notification of the agenda                           notice for the Annual     on Friday, June 28, 2024 at the
                              GMS on May 22, 2024                                                                  announced on July 2, 2024
 of the Annual GMS to OJK                             GMS on June 6, 2024 on    Best Western Premier Hotel
                              on the Company’s                                                                     on the Company's website,
 on date/month/year as                                the Company’s website,    The Hive Dorsata 1-2 Meeting
                              website, Stock                                                                       the Stock Exchange website
 stated in letter No 08931/                           Stock Exchange Web        Room, 3rd Floor, Jalan DI.
                              Exchange Web and                                                                     and the e-GMS provider
 DIR/V/2024                                           and e-GMS website         Panjaitan Kav. 3-4, East Jakarta
                              e-GMS website                                                                        website.




                              Approval of the Company's Annual Report including the Supervisory Duty Report carried out by the Board of
                              Commissioners for the 2023 Fiscal Year and ratification of the Consolidated Financial Statements for the 2023
 First Meeting Agenda         Financial Year, as well as granting full release and discharge (acquit et de charge) to the Company's Board of
                              Commissioners and Board of Directors for the supervisory and management actions carried out in the 2023 Fiscal
                              Year.

 Number of Shareholders       Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder
 Asking Questions             Representatives.

                              By Voting

                                                                                Total (Shares)                          (Percentage)

                               Present Votes                                               160,973,246,476                      100.0000000%

 Decision Making               Disagreeing Votes                                                       300                        0.0000002%
                               Abstain Votes                                                         8,423                        0.0000052%
                               Agreeing Votes                                              160,973,237,753                        99.9999946%
                               Total Agreeing Votes                                        160,973,246,176                        99.9999998%




Annual Report      2024                                           323                                                PT Bank KB Bukopin Tbk
Page 324
         Corporate Governance



                         1.   Approve and accept the Company's Annual Report including the Supervisory Duty Report carried out by
                              the Board of Commissioners for the Fiscal Year ending on December 31, 2023 and ratify the Consolidated
                              Financial Statements for the Fiscal Year ending on December 31, 2023 which have been audited by the
                              Mirawati Sensi Idris Public Accounting Firm, in accordance with Report No. 00388/3.0478/AU.1/07/1671-
                              3/1/V/2024 dated May 20, 2024 with a Fair Opinion in All Material Matters, the financial position of PT Bank KB
                              Bukopin, Tbk and its subsidiaries as of December 31, 2023 and the consolidated financial performance and
Meeting Resolution            cash flow for the year ended on that date, in accordance with Financial Accounting Standards in Indonesia.
                         2.   Grant full release and discharge (acquit et decharge) to the Company's Board of Commissioners and Board
                              of Directors for the supervisory and management actions that have been carried out during the fiscal year
                              ending on December 31, 2023, to the extent that such actions do not constitute a criminal act and such
                              actions are reflected in the Company's Annual Report and Consolidated Financial Statements for the fiscal
                              year ending on December 31, 2023.


Follow up/Realization    Has been realized


                         Appointment of Public Accountant and/or Public Accounting Firm to Audit the Company's Financial Report for the
Second Meeting Agenda
                         2024 Fiscal Year along with the determination of their honorarium.
Number of Shareholders   Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder
Asking Questions         Representatives.
                         By Voting
                                                                    Total (Shares)                    (Percentage)
                          Present Votes                                     160,973,246,476                   100.0000000%

Decision Making           Disagreeing Votes                                       2,059,978                      0.0012797%
                          Abstain Votes                                                8,623                     0.0000054%
                          Agreeing Votes                                     160,971,117,875                    99.9987149%
                          Total Agreeing Votes                              160,973,186,498                     99.9987203%

                         1.   Approving to delegate authority to the Company's Board of Commissioners to appoint a Public Accountant
                              and/or Public Accounting Firm to conduct an Audit of the Company's Consolidated Financial Statements
                              for the 2024 Fiscal Year and/or other periods in the 2024 Fiscal Year for the purposes and interests of the
                              Company.
                         2.   Approve the granting of authority and power to the Company's Board of Commissioners to determine the
                              amount of audit service fees, additional scope of work required and other reasonable requirements for the
Meeting Resolution
                              Public Accountant and/or Public Accounting Firm.
                         3.   3Grant authority and power to the Company's Board of Commissioners to appoint a replacement Public
                              Accountant and/or Public Accounting Firm in the event that the appointed Public Accountant and/or Public
                              Accounting Firm for any reason cannot complete the audit of the Company's and Subsidiaries' Consolidated
                              Financial Statements for the 2024 Fiscal Year, including determining the audit service fees and other
                              requirements for the replacement Public Accounting Firm.
Follow up/Realization    Has been realized


                         Approval of the determination of honorarium, salary and/or allowances for the Company's Board of
Third Meeting Agenda
                         Commissioners and Directors for the 2024 Fiscal Year.
Number of Shareholders   Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder
Asking Questions         Representatives.
                         By Voting

                                                                    Total (Shares)                    (Percentage)

                          Present Votes                                     160,973,246,476                   100.0000000%

Decision Making           Disagreeing Votes                                          318,300                     0.0001977%
                          Abstain Votes                                                8,423                     0.0000052%
                          Agreeing Votes                                     160,972,919,753                    99.9997970%

                          Total Agreeing Votes                               160,972,928,176                    99.9998023%




Annual Report     2024                                          324                                                PT Bank KB Bukopin Tbk
Page 325
                         Approved to delegate authority to the Company's Board of Commissioners to determine the Remuneration
                         package for Members of the Company's Board of Commissioners and the Company's Board of Directors with
                         a maximum total amount of IDR 20,000,000,000 (twenty billion Rupiah) per fiscal year for all members of
Meeting Resolution       the Board of Commissioners and with a maximum total amount of IDR 89,000,000,000 (eighty-nine billion
                         Rupiah) per fiscal year for all members of the Board of Directors, the allocation of which is delegated to the
                         Board of Commissioners by considering the Company's performance and financial condition as well as the
                         recommendations of the Remuneration and Nomination Committee.
Follow up/Realization    Has been realized


Fourth Meeting Agenda    Report on Realization of Use of Limited Public Offering Funds.
Number of Shareholders   Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder
Asking Questions         Representatives.
Decision Making          Considering that the Fourth Meeting Agenda is a report, no decisions were taken.
Meeting Resolution       -
Follow up/Realization    Has been realized



Fifth Meeting Agenda     Approval of Amendments to the Company's Articles of Association
Number of Shareholders   Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder
Asking Questions         Representatives.
                         By Voting

                                                                       Total (Shares)                           (Percentage)

                             Present Votes                                        160,973,246,476                          100.0000000%
Decision Making              Disagreeing Votes                                       3,323,103,224                             2.0643823%
                             Abstain Votes                                                   8,823                             0.0000055%
                             Agreeing Votes                                        157,650,134,429                             97.9356122%
                             Total Agreeing Votes                                  157,650,143,252                             97.9356177%

                         1.    Approving the amendment to the Company's Articles of Association in order to comply with the Financial
                               Services Authority Regulation Number 17 of 2023 concerning the Determination of Governance for
                               Commercial Banks and based on proposals from Shareholders.
                         2.    Granting power and authority to the Company's Board of Directors with the right of substitution to re-draft
Meeting Resolution             all provisions of the Company's Articles of Association and take all actions in connection with matters
                               relating to the amendment to the Articles of Association by taking into account the Company's Articles of
                               Association and applicable laws and regulations and stating the decisions of the Meeting in a separate
                               official deed before a Notary including but not limited to obtaining approval from and/or notifying the
                               results of the Meeting's decisions to the Minister of Law and Human Rights.
Follow up/Realization    Already realized in accordance with the Company's Articles of Association No.177 Dated 28 June 2024



Sixth Meeting Agenda     Approval of Amendments to the Company's Articles of Association.
Number of Shareholders   Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder
Asking Questions         Representatives.
                         By Voting
                                                                         Total (Shares)                           (Percentage)
                             Present Votes                                            160,973,246,476                       100.0000000%

Decision Making              Disagreeing Votes                                               2,059,978                           0.0012797%
                             Abstain Votes                                                       8,423                          0.0000052%
                             Agreeing Votes                                             160,971,178,075                         99.9987151%
                             Total Agreeing Votes                                     160,971,186,498                          99.9987203%




Annual Report     2024                                          325                                                PT Bank KB Bukopin Tbk
Page 326
          Corporate Governance




                            1.   Approving the respectful resignation of Mr. Eugene K. Galbraith as Independent Commissioner and end the
                                 term of office of Mr. Sukriansyah S. Latief, as Independent Commissioner effective as of the Closing of the
                                 Meeting, giving the highest gratitude and appreciation for all services and dedication that have been given
                                 to the Company.
                            2.   Approving the reappointment of Mr. Jerry Marmen as President Commissioner and Mr. Stephen Liestyo as
                                 Independent Commissioner of the Company, for a period of 3 (three) years from the closing of the Meeting
                                 until the closing of the Annual General Meeting of Shareholders in 2027.
                            3.   Respectfully approving the resignation of Mr. Young Eun Moon as Director of the Company and Mr. Yohanes
                                 Suhardi as Director of the Company, effective as of the closing of the Meeting, giving the highest gratitude
                                 and appreciation for all services and dedication that have been given to the Company.
                            4.   Approving the reappointment of Mr. Robby Mondong as Deputy President Director of the Company and Mr.
                                 Henry Sawali as Director of the Company, for a period of 3 (three) years from the closing of the Meeting until
                                 the closing of the Annual General Meeting of Shareholders in 2027.
                            5.   Furthermore, the composition of the members of the Board of Commissioners and Board of Directors of the
                                 Company is as follows:
                                 Board of Commissioners
                                 President Commissioner: Jerry Marmen
                                 Deputy President Commissioner: Seng Hyup Shin*
                                 Commissioner: Nanang Supriyatno
                                 Independent Commissioner: Stephen Liestyo
                                 Independent Commissioner: Tippy Joesoef
                                 Independent Commissioner: Hae Wang Lee
 Meeting Resolution
                                 Board of Directors
                                 President Director: Woo Yeul Lee
                                 Vice President Director: Robby Mondong
                                 Director: Dodi Widjajanto
                                 Director: Henry Sawali
                                 Director: Jung Ho Han
                                 Director: Jang Hyuk Im*
                                 Director: Helmi Fahrudin
                                 *) With the provision that Mr. Seng Hyup Shin and Mr. Jang Hyuk Im are considered effective since being
                                 appointed by the Company after fulfilling all requirements stipulated in POJK Number 27/POJK.03/2016
                                 concerning the Assessment of Capability and Properness for Main Parties of Financial Services Institutions,
                                 POJK Number 37/POJK.03/2017 concerning the Utilization of Foreign Workers and Knowledge Transfer
                                 Programs in the Banking Sector and/or other applicable laws and regulations.

                            6.   Granting power to the Board of Directors with the right of substitution, to state the decisions of the Meeting
                                 regarding changes in the composition of the Company's Board of Directors, with a separate official deed
                                 before a Notary including but not limited to notifying the results of the Meeting's decisions to the Minister of
                                 Law and Human Rights.
                            7.   Granting authority to the Board of Commissioners to determine the division of duties and authorities of each
                                 member of the Board of Directors based on Article 15 paragraph (9) of the Company's Articles of Association.


                            Mr. Seng Hyup Shin and Mr. Jang Hyuk Im have obtained the results of the fit and proper assessment from the
 Follow Up/Realization      Financial Services Authority in accordance with the Decree of the Members of the Board of Commissioners of the
                            Financial Services Authority Number KEPR-111/D.03/2024 and Number KEPR-125/D.03/2024.



Extraordinary GMS
In 2024, KB Bank held 1 (one) Extraordinary GMS on January 24, 2024 and the implementation process was in accordance with the
mechanism stated in POJK No. 15/POJK.04/2020 dated April 20, 2020 concerning the Planning and Implementation of General Meetings
of Shareholders of Public Companies and No. 16/POJK.04/2020 dated April 20, 2020 concerning the Implementation of Electronic
General Meetings of Shareholders of Public Companies as well as the provisions of the Articles of Association of KB Bank.




Annual Report     2024                                             326                                                PT Bank KB Bukopin Tbk
Page 327
      Notification             Announcement                    Notice                      Implementation                 Results and Resolutions

 KB Bank has submitted      KB Bank has announced      KB Bank has issued
                                                                                                                          Summary of the Minutes
 notification of            the Extraordinary          a summons for an
                                                                                  KB Bank held an Extraordinary           of the Extraordinary GMS
 the agenda of the          General Meeting of         Extraordinary General
                                                                                  General Meeting of Shareholders         has been announced on
 Extraordinary General      Shareholders on            Meeting of Shareholders
                                                                                  on Friday, January 24, 2024 at the      January 26, 2024 on the
 Meeting of Shareholders    December 18, 2023 on       on January 2, 2024 on
                                                                                  Auditorium of the KB Bank Building,     Company's website, the
 to the OJK on the date/    the Company's website,     the Company's website,
                                                                                  3rd Floor, Jalan MT. Haryono Kav.       Stock Exchange website
 month/year as stated       the Stock Exchange         the Stock Exchange
                                                                                  50-51 South Jakarta 12770               and the e-GMS provider
 in letter No. 19416/DIR/   website and the e-GMS      website and the e-GMS
                                                                                                                          website.
 XII/2022                   provider website.          provider website.




Extraordinary GMS Agenda       Changes to the Company's Management Composition
Number of Shareholders         Throughout the Meeting Agenda, there were no questions from Shareholders and/or Proxies/Shareholder
Asking Questions               Representatives.
                               By Voting
                                                                              Total (Shares)                            (Percentage)
                                Present Votes                                           161.343.119.244                                100,0000%

Decision Making                 Disagreeing Votes                                                 32.912                               0,00002%
                                Abstain Votes                                                  2.736.200                                0,00170%
                                Agreeing Votes                                          161.340.350.132                                99,99828%
                                Total Agreeing Votes                                    161.343.086.332                                99,99998%

                               1.   Approving the respectful resignation of Mr. Seng Hyup Shin as Director of the Company and Mr. Nam Hoon
                                    Cho as Deputy President Commissioner of the Company, effective as of the closing of this Meeting, giving the
                                    highest gratitude and appreciation for all services and dedication that have been given to the Company.
                               2.   Granting full release and discharge of responsibility (acquit et de charge) to Mr. Seng Hyup Shin as
                                    Director of the Company and Mr. Nam Hoon Cho as Deputy President Commissioner of the Company for
                                    the management and supervision actions that have been carried out during their respective terms as
Meeting Resolution
                                    Director of the Company and Deputy President Commissioner, to the extent that such actions are reflected
                                    in the Annual Report and Consolidated Financial Statements of the Company for the fiscal year ending on
                                    December 31, 2023 and do not constitute a criminal act.
                               3.   Appreciating Mr. Seng Hyup Shin and Mr. Nam Hoon Cho for all work results achieved based on the
                                    provisions and capabilities of the Company, the authority to determine the amount of which is delegated to
                                    the Board of Commissioners of the Company.




Annual Report     2024                                                  327                                               PT Bank KB Bukopin Tbk
Page 328
         Corporate Governance




                             4.   Appointing Mr. Jang Hyuk Im as Director of the Company and Mr. Seng Hyup Shin as Deputy President
                                  Commissioner of the Company, for a period of 3 (three) years from the closing of this Meeting until the
                                  closing of the Annual General Meeting of Shareholders for the Fiscal Year 2026.
                             5.   Furthermore, the composition of the members of the Board of Commissioners and Board of Directors of the
                                  Company is as follows:
                                  Board of Commissioners
                                  President Commissioner: Jerry Marmen
                                  Deputy President Commissioner: Seng Hyup Shin*)
                                  Commissioner: Nanang Supriyatno
                                  Independent Commissioner: Tippy Joesoef
                                  Independent Commissioner: Hae Wang Lee
                                  Independent Commissioner: Stephen Liestyo
                                  Independent Commissioner: Sukriansyah S. Latief
                                  Independent Commissioner: Eugene K. Galbraith

                                  Board of Directors
                                  President Director: Woo Yeul Lee
                                  Vice President Director: Robby Mondong
                                  Director: Helmi Fahrudin
 Meeting Resolution               Director: Dodi Widjajanto
                                  Director: Yohanes Suhardi
                                  Director: Henry Sawali
                                  Director: Young Eun Moon*)
                                  Director: Jung Ho Han
                                  Director: Jang Hyuk Im*)
                                  *) With the provision that Mr. Young Eun Moon, Mr. Jang Hyuk Im and Mr. Seng Hyup Shin are effective since
                                  being determined by the Company after fulfilling all the requirements stipulated in Financial Services
                                  Authority Regulation Number 27/POJK.03/2016 concerning the Assessment of Capability and Properness
                                  for Main Parties of Financial Services Institutions, Financial Services Authority Regulation Number 37/
                                  POJK.03/2017 concerning the Utilization of Foreign Workers and Knowledge Transfer Programs in the Banking
                                  Sector and/or other applicable laws and regulations.
                             6.   Granting power to the Board of Directors with the right of substitution, to state the decisions of the Meeting
                                  regarding changes in the composition of the Company's Board of Directors, with a separate official deed
                                  before a Notary including but not limited to notifying the results of the Meeting's decisions to the Minister
                                  of Law and Human Rights.
                             7.   Granting authority to the Board of Commissioners to determine the division of duties and authorities
                                  of each member of the Board of Directors based on Article 15 paragraph (9) of the Company's Articles of
                                  Association.



 Follow Up/Realization       Has been realized


Extraordinary GMS Resolution of the Previous Year
In 2023, the Bank has held 1 (one) Annual GMS on June 30, 2023 and 1 (one) Extraordinary GMS on January 31, 2023, and the implementation
process has been in accordance with the mechanisms stated in POJK No. 15/POJK.04/2020 dated April 20, 2020 concerning the
Planning and Implementation of General Meetings of Shareholders of Public Companies and No. 16/POJK.04/2020 dated April 20,
2020 concerning the Implementation of Electronic General Meetings of Shareholders of Public Companies as well as the provisions
the Articles of Association of KB Bank.




Annual Report    2024                                               328                                               PT Bank KB Bukopin Tbk
Page 329
2023 Annual GMS

The Annual GMS was held on Friday, June 30, 2023, at the Auditorium of the KB Bank Building, 3rd floor, Jalan MT. Haryono Kav. 50-51
South Jakarta 12770.


  No.                Meeting Agenda                                           Resolution                                   Realization
                                                        1.   Approving and accepting the Company's Annual
                                                             Report including the Supervisory Duty Report
                                                             carried out by the Board of Commissioners for
                                                             the Fiscal Year ending on December 31, 2022 and
                                                             ratify the Consolidated Financial Statements for
                                                             the Fiscal Year ending on December 31, 2022 which
                                                             have been audited by the Public Accounting Firm
        Approval of the Company's Annual Report              Kosasih, Nurdiyaman, Mulyadi, Tjahyo, and Rekan,
        including the Supervisory Duty Report                in accordance with Report No. 00328/2.1051/
        carried out by the Board of Commissioners            AU.1/07/1671-2/1/III/2023 dated March 31, 2023
        for the Fiscal Year ending on December 31,           with a Fair Opinion in All Material Matters, the
        2022 and ratification of the Consolidated            financial position of PT Bank KB Bukopin, Tbk and
        Financial Statements for the Fiscal Year             its subsidiaries as of December 31, 2022 and the
   1    ending on December 31, 2022, as well as              consolidated Financial performance and cash flow     Has been realized
        granting full release and discharge (acquit          for the year ended on that date, in accordance
        et de charge) to the Board of Commissioners          with Financial Accounting Standards in Indonesia.
        and the Board of Directors of the Company       2.   Granting full release and discharge of
        for the supervisory and management                   responsibility (acquit et de charge) to the Board
        actions carried out in the Fiscal Year ending        of Commissioners and Board of Directors of the
        on December 31, 2022.                                Company for the supervisory and management
                                                             actions that have been carried out during the
                                                             financial year ending on December 31, 2022, to
                                                             the extent that such actions do not constitute
                                                             a criminal act and such actions are reflected in
                                                             the Company's Annual Report and Consolidated
                                                             Financial Statements for the fiscal year ending on
                                                             December 31, 2022.
                                                        1.   Appointing Public Accounting Firm Tanudiredja,
                                                             Wibisana, Rintis & Partners (a member firm of
                                                             the PwC global network) as the Public Accounting
                                                             Firm that will audit the Consolidated Financial
                                                             Statements of the Company and Subsidiaries for
                                                             the 2023 Fiscal Year.
                                                        2.   Approving the granting of authority and power to
                                                             the Company's Board of Commissioners to appoint
                                                             a Public Accounting Firm and/or Public Accountant
                                                             to conduct an audit of the Company's Consolidated
                                                             Financial Statements for other periods in the
                                                             2023 Fiscal Year if necessary for the purposes and
        Appointment of Public Accounting Firm to             interests of the Company.
        Examine the Company's Financial Report for      3.   Granting the delegation of authority to the
   2                                                                                                             Has been realized
        the 2023 Fiscal Year and Determination of            Company's Board of Commissioners to determine
        Honorarium                                           the amount of audit service fees, additional
                                                             scope of work required and other reasonable
                                                             requirements for the Public Accounting Firm.
                                                        4.   Granting the authority and power to the Company's
                                                             Board of Commissioners to appoint a replacement
                                                             Public Accounting Firm in the event that the Public
                                                             Accounting Firm Tanudiredja, Wibisana, Rintis &
                                                             Partners for any reason cannot complete the audit
                                                             of the Consolidated Financial Statements of the
                                                             Company and Subsidiaries for the 2023 Fiscal Year,
                                                             including determining the audit service fees and
                                                             other requirements for the replacement Public
                                                             Accounting Firm.




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Page 330
         Corporate Governance




  No.                Meeting Agenda                                           Resolution                                     Realization
                                                       1.   Approving and determining the amount of
                                                            salary, honorarium and/or allowances for the
                                                            Company's Board of Commissioners and Board of
                                                            Directors in the 2023 Fiscal Year, which remains in
                                                            accordance with the maximum nominal amount
                                                            of the remuneration package approved by the
                                                            Extraordinary General Meeting of Shareholders on
        Approval of the determination of
                                                            December 22, 2020.
        honorarium, salary and/or allowances for
   3                                                   2.   Approving to delegate authority to the Board of         Has been realized
        the Company's Board of Commissioners and
                                                            Commissioners to determine the allocation of the
        Board of Directors.
                                                            amount of salary, honorarium and/or allowances
                                                            for each member of the Board of Commissioners
                                                            and each member of the Board of Directors
                                                            by considering the performance and financial
                                                            condition of the Company and taking into account
                                                            the recommendations of the Remuneration and
                                                            Nomination Committee.
        Report on the Realization of the Use of
        Proceeds from the Continuous Public            Considering that the Fourth Meeting Agenda is a report,
   4                                                                                                           Has been realized
        Offering of Bonds and Limited Public           no decisions were taken.
        Offering VI in 2021.



Extraordinary GMS 2023

In 2023, KB Bank held 1 (one) Extraordinary GMS on January 31, 2023, and the process was conducted based on the mechanism stated
in POJK No. 15/POJK.04/2020 dated April 20, 2020 concerning the Planning and Implementation of General Meetings of Shareholders
of Public Companies and No. 16/POJK.04/2020 dated April 20, 2020 concerning the Implementation of Electronic General Meetings of
Shareholders of Public Companies as well as the provisions of the Articles of Association of KB Bank.


  No,       Meeting Agenda                                           Resolution                                              Realization
                                    1.   Accepting the respectful resignation of Mr. Jin Bum Kim as Director of
                                         the Company, effective as of the closing of the Meeting, sending the
                                         highest gratitude and appreciation for all services and dedication that
                                         have been given to the Company.
                                    2.   Granting full release and discharge of responsibility (acquit et
                                         de charge) to Mr. Jin Bum Kim as Director of the Company for the
                                         management actions that have been carried out during his tenure as
                                         Director of the Company, to the extent that such actions are reflected
                                         in the Annual Report and Consolidated Financial Statements of the
                                         Company for the fiscal year ending on December 31, 2022 and do not
                                         constitute a criminal act.
                                    3.   Appreciating Mr. Jin Bum Kim for all work results achieved based on
                                                                                                                    Mr. Jung Ho Han, Mr. Wong
                                         the provisions and capabilities of the Company, while the authority to
                                                                                                                    Eung Moon have received the
                                         determine the amount is delegated to the Board of Commissioners of
                                                                                                                    results of the fit and proper
                                         the Company.
                                                                                                                    assessment from the Financial
        Changes to the              4.   Appointing Mr. Jung Ho Han as Director of the Company, for a period of
   1                                                                                                                Services Authority for Foreign
        Company’s Management             3 (three) years from the closing of the Meeting until the closing of the
                                                                                                                    Work and Knowledge Transfer
                                         Annual General Meeting of Shareholders for 2025 Fiscal Year.
                                                                                                                    Program in the Banking Sector
                                    5.   Furthermore, the composition of the members of the Board of
                                                                                                                    and/or other applicable laws
                                         Commissioners and Board of Directors of the Company is as follows:
                                                                                                                    and regulations.
                                         Board of Commissioners
                                         President Commissioner Jerry Marmen
                                         Deputy President Commissioner Nam Hoon Cho
                                         Commissioner Nanang Supriyatno
                                         Independent Commissioner Tippy Joesoef
                                         Independent Commissioner Hae Wang Lee
                                         Independent Commissioner Stephen Liestyo
                                         Independent Commissioner Sukriansyah S. Latief
                                         Independent Commissioner Eugene K. Galbraith

                                         Board of Directors
                                         President Director Woo Yeul Lee




Annual Report    2024                                                 330                                                PT Bank KB Bukopin Tbk
Page 331
 No,       Meeting Agenda                                       Resolution                                               Realization




                                    Vice President Director Robby Mondong
                                    Director Helmi Fahrudin
                                    Director Dodi Widjajanto
                                    Director Seng Hyup Shin
                                    Director Yohanes Suhardi
                                    Director Henry Sawali
                                    Director Young Eun Moon**)
                                    Director Jung Ho Han**)
                                    **) With the provision that Mr. Young Eun Moon, and Mr. Jung Ho Han
                                                                                                                Mr. Jung Ho Han, Mr. Wong
                                    are effective since being determined by the Company after fulfilling all
                                                                                                                Eung Moon have received the
                                    the requirements stipulated in Financial Services Authority Regulation
                                                                                                                results of the fit and proper
                                    Number 27/POJK.03/2016 concerning the Assessment of Capability and
                                                                                                                assessment from the Financial
        Changes to the              Properness for Main Parties of Financial Services Institutions, Financial
   1                                                                                                            Services Authority for Foreign
        Company’s Management        Services Authority Regulation Number 37/POJK.03/2017 concerning the
                                                                                                                Work and Knowledge Transfer
                                    Utilization of Foreign Workers and Knowledge Transfer Programs in the
                                                                                                                Program in the Banking Sector
                                    Banking Sector and/or other applicable laws and regulations.
                                                                                                                and/or other applicable laws
                               6.   Granting power to the Board of Directors with the right of substitution,
                                                                                                                and regulations.
                                    to state the decisions of the Meeting regarding changes in the
                                    composition of the Company's Board of Directors, with a separate
                                    official deed before a Notary including but not limited to notifying the
                                    results of the Meeting's decisions to the Minister of Law and Human
                                    Rights.
                               7.   Granting authority to the Board of Commissioners to determine
                                    the division of duties and authorities of each member of the Board
                                    of Directors based on Article 15 paragraph (9) of the Articles of
                                    Association of the Company




Annual Report   2024                                             331                                                 PT Bank KB Bukopin Tbk
Page 332
          Corporate Governance




BOARD OF COMMISSIONERS
As an integral part of the Bank's organizational structure, the       8. Division of Work and Working Hours of the Board of
Board of Commissioners has a strategic role in overseeing                 Commissioners;
the company's operations. Its main function is to ensure that         9. Secretariat of the Board of Commissioners and Secretary of
the Bank's management policies are in line with the Articles              the Board of Commissioners;
of Association and the vision and mission that have been set.         10. Work Ethics of the Board of Commissioners and Prohibitions;
In addition, the Board of Commissioners functions to provide          11. Transparency;
direction and input to the Board of Directors to support the          12. Closing.
achievement of the Company's goals.
                                                                      Board of Commissioners Criteria
In carrying out its responsibilities, the Board of Commissioners of
KB Bank emphasizes transparency, accountability, and compliance       The criteria for members of the Board of Commissioners are as
with GCG principles. Effective and independent supervision carried    follows:
out by the Board of Commissioners contributes to increasing           1. Have good morals, ethics and integrity.
stakeholder trust. Thus, in addition to strengthening the Bank's      2. Capable of carrying out legal acts.
competitiveness, this also maintains the company's reputation         3. In the 5 (five) years prior to appointment and during his/her
and credibility in the long term                                          term of office:
                                                                          a. Never been declared bankrupt;
Legal Basis                                                               b. Never been a member of the Board of Directors and/or a
                                                                              member of the Board of Commissioners who was found
The legal basis governing the appointment of the Board of                     guilty of causing a Company to be declared bankrupt;
Commissioners is as follows:                                              c. Never been convicted of committing a crime that is
1. Law No. 40 of 2007 concerning Limited Liability Companies;                 detrimental to state finances and/or related to the
2. Financial Services Authority Regulation No. 33/POJK.04/2014                financial sector;
   concerning the Board of Directors and Board of Commissioners           d. d. Never been a member of the Board of Directors and/
   of Issuers or Public Companies;                                            or a member of the Board of Commissioners who during
3. Financial Services Authority Regulation No. 17 of 2023                     his/her term of office:
   concerning the Implementation of Governance for Commercial                 i) Never held an Annual GMS;
   Banks;                                                                     ii) His/her accountability as a member of the Board
4. Work Guidelines for the Board of Commissioners of KB Bank.                      of Directors and/or a member of the Board of
                                                                                   Commissioners has never been accepted by the GMS
Board of Commissioners                                                             or has never provided accountability as a member of
Work Guidelines/Charter                                                            the Board of Directors and/or a member of the Board
                                                                                   of Commissioners to the GMS;
KB Bank has prepared work guidelines for the Board of                         iii) Have ever caused a Company that has obtained a
Commissioners as a guide in performing its duties and                              permit, approval or registration from the Financial
responsibilities. These guidelines are regulated in the Decree                     Services Authority to fail to fulfill its obligation to
of the Board of Commissioners No. 015 of 2019 concerning the                       submit an annual report and/or financial report to
Guidelines and Work Rules of the Board of Commissioners of PT                      the Financial Services Authority.
Bank Bukopin Tbk, stipulated on August 5, 2019.                       4. Have a commitment to comply with laws and regulations.
                                                                      5. Have the willingness and ability to carry out continuous
These guidelines are prepared to ensure that every decision               learning in order to improve knowledge about banking and
and action taken by the Board of Commissioners aligns with                the latest developments related to the financial sector and
the regulations, articles of association, and principles of good          other fields that support the implementation of their duties
corporate governance. These guidelines include:                           and responsibilities.
1. Introduction containing the Legal Basis;                           6. Have knowledge and/or expertise in the fields required by
2. Structure of the Board of Commissioners;                               the Company.
3. Requirements for Members of the Board of Commissioners;            7. All members of the Board of Commissioners have adequate
4. Independent Commissioners;                                             integrity, competence and financial reputation.
5. Appointment and Dismissal of Members of the Board of               8. Members of the Board of Commissioners are prohibited from
    Commissioners;                                                        having family relationships up to the second degree with fellow
6. Duties, Authorities, Obligations and Responsibilities;                 members of the Board of Commissioners and/or members of
7. Meetings of the Board of Commissioners and Joint Meetings              the Board of Directors.
    of the Board of Commissioners with the Board of Directors;        9. Members of the Board of Commissioners must meet the
                                                                          requirements for a fit and proper assessment in accordance
                                                                          with the Financial Services Authority Regulation concerning
                                                                          the Fit and Proper Assessment.

Annual Report    2024                                             332                                           PT Bank KB Bukopin Tbk
Page 333
Term of Office Provisions
The terms of office provisions in article 111 paragraph (3) of Law no. 40 of 2007 stipulates that members of the Board of Commissioners
are appointed for a certain period of time and can be reappointed. This is further regulated in article 17 paragraph 3 of the Company’s
Articles of Association which stipulates that members of the Board of Commissioners are appointed by the General Meeting of
Shareholders, each for a period of 3 (three) years starting from the date determined at the GMS until the closing of the annual GMS.
fifth after the year of appointment, without reducing the right of the GMS to terminate at any time by stating the reasons. If his/her
term of office has ended, he can be reappointed for only 1 (one) term of office.

Members of the Board of Commissioners can also be terminated at any time in a GMS resolution based on the facts of the members
of the Board of Commissioners concerned, including:
1. Not/inadequately able to fulfill the obligations agreed upon in the management contract;
2. Unable to conduct his/her duties properly;
3. Violate the provisions of the Articles of Association and/or applicable laws and regulations.
4. Violate the ethics and/or propriety that should be respected as a member of the Board of Directors;
5. Being involved in actions that are detrimental to the Company and/or the country;
6. Being declared guilty by a court decision that has permanent legal force;
7. Resign;
8. Other reasons deemed appropriate by the GMS for the interests and objectives of the Company.

Composition and Basis for Appointment of Members
of the Board of Commissioners in 2024
The composition and number of members of the Board of Commissioners is determined by the GMS by taking into account the Company’s
vision, mission and strategic plans to enable effective, precise and fast decision making, as well as being able to act independently.

Throughout 2024, there will be changes in the composition and number of members of the Board of Commissioners based on the
Resolution of the Extraordinary General Meeting of Shareholders held on January 24 2024, which honorably dismissed Nam Hoon Cho
as Deputy President Commissioner, and appointed Seng Hyu Shin as Deputy President Commissioner of the Company. In addition
the Resolution of the Annual General Meeting of Shareholders held on June 28, 2024 respectfully dismissed Eugene K. Galbraith as
Independent Commissioner and Sukriansyah S. Latief, as Independent Commissioner of the Company.

The composition and structure of the Board of Commissioners who are still active until December 31, 2024 is illustrated in the table below.
            Name                           Position                     Basis of Appointment                         Period
                                                                                                        2024-Closing of Annual General
 Jerry Marmen                   President Commissioner          Annual GMS on June 28, 2024
                                                                                                        Meeting of Shareholders 2027
                                Deputy President                                                        2024-Closing of Annual General
 Seng Hyup Shin                                                 Extraordinary GMS on January 24, 2024
                                Commissioner                                                            Meeting of Shareholders 2026
                                                                                                        2024-Closing of Annual General
 Nanang Supriyatno              Commissioner                    Extraordinary GMS on August 25, 2020
                                                                                                        Meeting of Shareholders 2024
                                                                Extraordinary GMS on December 22,       2024-Closing of Annual General
 Tippy Joesoef                  Independent Commissioner
                                                                2020                                    Meeting of Shareholders 2024
                                                                                                        2024-Closing of Annual General
 Hae Wang Lee                   Independent Commissioner        Extraordinary GMS on August 25. 2020
                                                                                                        Meeting of Shareholders 2024
                                                                                                        2024-Closing of Annual General
 Stephen Liestyo                Independent Commissioner        Annual GMS on June 28, 2024
                                                                                                        Meeting of Shareholders 2027


Fit and Proper Test
In accordance with Financial Services Authority Regulation no. 27/POJK.03/2016 concerning Fit and Proper Test for Main Parties of
Financial Services Institutions states that prospective members of the Board of Commissioners are required to obtain approval from
the Financial Services Authority before carrying out their actions, duties and functions as Board of Commissioners. Members of the
Board of Commissioners who have passed fit and proper without records and have received approval from the Financial Services
Authority, indicate that each member of the Board of Commissioners has adequate integrity, competence, and financial reputation.


Annual Report      2024                                           333                                            PT Bank KB Bukopin Tbk
Page 334
          Corporate Governance




Share Ownership of the Board of Commissioners
As a form of implementation of the principle of transparency in Bank governance, all members of the Board of Commissioners of KB
Bank revealed that not a single member owns shares, either in the Company or even in banks and other companies in accordance
with OJK regulations stated in POJK No. 17 of 2023 concerning Implementation of Governance for Commercial Banks.

Members of the Board of Commissioners are required to disclose share ownership of 5% (five percent) or more, both in the bank
concerned and in other banks and companies, domiciled at home and abroad.


                                                                                        Share Ownership (shares)

        Name                        Position                                                              Non-Bank
                                                                  KB Bank             Other Banks          Financial       Other Companies
                                                                                                          Institution
 Jerry Marmen             President Commissioner          None                       None             None                 None
 Seng Hyup Shin           Deputy President Commissioner   2,300,000 (0.0012241%)     None             None                 None
 Nanang Supriyatno        Commissioner                    None                       None             None                 None
 Tippy Joesoef            Independent Commissioner        None                       None             None                 None
 Hae Wang Lee             Independent Commissioner        None                       None             None                 None
 Stephen Liestyo          Independent Commissioner        None                       None             None                 None


Policy Regarding Concurrent Positions of the Board of Commissioners
1. Members of the Board of Commissioners are prohibited from holding concurrent positions as members of the Board of Directors,
   members of the Board of Commissioners or Executive Officers:
   a. at financial institutions or financial companies, whether banks or non-banks;
   b. in more than 1 (one) non-financial institution or non-financial company, whether domiciled at home or abroad.
2. Does not include concurrent positions as intended in paragraph (1) in the case of:
   a. members of the Board of Commissioners serve as members of the Board of Directors, members of the Board of Commissioners
      or Executive Officers who carry out supervisory functions in 1 (one) non-bank subsidiary company controlled by the Bank;
   b. Non-Independent Commissioners conduct the functional duties of Bank shareholders in the form of legal entities in the
      Bank’s business group; and/or
   c. Members of the Board of Commissioners hold positions in non-profit organizations or institutions.
3. Duties in the position and function as intended in paragraph (2) can be carried out as long as the person concerned does not
   neglect the implementation of their duties and responsibilities as a member of the Bank’s Board of Commissioners.


        Name                             Position                                  Position in Other Companies/Institutions

 Jerry Marmen             President Commissioner              -
 Seng Hyup Shin           Deputy President Commissioner       Global Growth Supporting Division Head (Managing Director)
 Nanang Supriyatno        Commissioner                        -
 Tippy Joesoef            Independent Commissioner            -
 Hae Wang Lee             Independent Commissioner            -
 Stephen Liestyo          Independent Commissioner            -



Board of Commissioners Affiliate Relations
Regarding the affiliate relationship of the Bank’s Board of Commissioners, it is in accordance with POJK No. 17 of 2023 concerning the
Implementation of Governance for Commercial Banks. The detailed information is available in the following table:




Annual Report      2024                                            334                                              PT Bank KB Bukopin Tbk
Page 335
                                            Financial Relation With                          Family Relation with
                                                                                                                               Management
                                     Board of       Board of                      Board of         Board of                     Relation
   Nama             Jabatan
                                   Commissioner     Directors
                                                                Shareholder
                                                                                Commissioner       Directors
                                                                                                               Shareholder

                                    Yes      No    Yes    No    Yes     No      Yes     No        Yes    No    Yes      No      Yes      No
 Jerry          President
                                             √             √                √            √                √             √                 √
 Marmen         Commissioner
 Seng Hyup      Deputy President
                                             √             √      √                      √                √             √        √
 Shin           Commissioner
 Nanang
                Commissioner                 √             √                √            √                √             √                 √
 Supriyatno
 Tippy          Independent
                                             √             √                √            √                √             √                 √
 Joesoef        Commissioner
 Hae Wang       Independent
                                             √             √                √            √                √             √                 √
 Lee            Commissioner
 Stephen        Independent
                                             √             √                √            √                √             √        √
 Liestyo        Commissioner



Duties, Rights, and Obligations                                         5. In performing supervision as intended in point 3 (three), the
                                                                            Board of Commissioners is prohibited from participating in
A description of the duties, rights, and obligations of the Board of        decision making on the Company’s operational activities,
Commissioners have been regulated in the Board of Commissioners             except:
Work Guidelines. The following is a further explanation of these            a. Provision of funds to related parties as regulated in the
duties, rights, and obligations.                                                provisions regarding the loan maximum limit of the Public
                                                                                Company;
Duties                                                                      b. Other matters stipulated in the Company’s Articles of
                                                                                Association or applicable laws and regulations.
In the Board of Commissioners’ Work Guidelines and Regulations,         6. Decision making for the Company’s operational activities by
the Board of Commissioners is tasked with supervising                       the Board of Commissioners as referred to in point 5 is part of
management policies and the overall running of management. The              the supervisory duties of the Board of Commissioners, so that
Board of Commissioners provides advice to the Board of Directors            it does not negate the responsibility of the Board of Directors
in accordance with the Company’s objectives and applicable laws             for the implementation of the Company’s management;
and regulations. The Board of Commissioners also ensures that all       7. Carrying out a self-assessment to assess the performance of
Directors’ decisions are in accordance with the company’s values            the Board of Commissioners in accordance with applicable
and support the achievement of the Company’s long-term goals.               laws and regulations;
                                                                        8. Ensuring that the Board of Directors has followed up on audit
In the Board of Commissioners’ Work Guidelines and Regulations,             findings and recommendations from the Company’s internal
the Board of Commissioners is tasked with supervising                       audit work unit, external auditors, results of supervision by
management policies and the course of management in general,                the Financial Services Authority and/or results of supervision
as well as providing advice to the Board of Directors, in accordance        by other authorities;
with the Company’s aims and objectives as well as applicable            9. Reporting to the Financial Services Authority no later than 7
laws and regulations.                                                       (seven) working days after discovery:
                                                                            a. Violation of laws and regulations in the financial and
In completing its duties, the Board of Commissioners is obliged                 banking sector;
and responsible for:                                                        b. Circumstances or predicted conditions that could endanger
1. Conducting duties and responsibilities independently and in                  the continuity of the Company’s business.
    good faith, with full responsibility and prudence;                  10. Providing sufficient time to carry out duties and responsibilities
2. Ensuring that Good Governance is implemented in every                    optimally;
    Company business activity at all organizational levels;             11. Under certain conditions, the Board of Commissioners is
3. Conducting supervision over the implementation of the duties             obliged to hold an Annual GMS and other GMS in accordance
    and responsibilities of the Board of Directors and provide              with its authority as regulated in statutory regulations and
    advice to the Board of Directors;                                       the Articles of Association;
4. In performing supervision as referred to in point 3 (three),         12. In order to support the effective implementation of its duties
    the Board of Commissioners is obliged to direct, monitor                and responsibilities, the Board of Commissioners is obliged
    and evaluate the implementation of the Company’s strategic              to form at least:
    policies;                                                               a. Audit Committee;
                                                                            b. Risk Monitoring Committee;
                                                                            c. Remuneration and Nomination Committee;

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          Corporate Governance



    d. Integrated Governance Committee;
    e. Other Committees if required by statutory regulations. Appointment of committee members as referred to in point 12 (twelve),
         must be carried out by the Board of Directors based on the decision of the Board of Commissioners meeting.
13. Ensuring that the committee formed as intended in point 12 (twelve) carries out its duties effectively;
14. Each member of the Board of Commissioners is jointly and severally responsible for losses to the Company caused by errors or
    negligence of members of the Board of Commissioners in completing their duties;
15. Members of the Board of Commissioners cannot be held responsible for the Company’s losses as referred to in point 15 (fifteen)
    if they can prove:
    a. The loss was not due to his/her fault or negligence;
    b. Has carried out management in good faith, full responsibility and prudence for the benefit and in accordance with the aims
         and objectives of the Company;
    c. Have no conflict of interest, either directly or indirectly, regarding management actions that result in losses.
16. Have taken action to prevent the occurrence or continuation of such losses.

Rights and Authorities of the Board of Commissioners

The Board of Commissioners has the authority to:
1. Check books, documents of evidence, inventory of goods, check and match the condition of cash (for verification purposes) and
   other securities and find out all actions that have been carried out by the Board of Directors;
2. Entering buildings and grounds or other places used or controlled by the Company. Request information/ explanations from the
   Directors and/or other officials regarding all issues relating to the management of the Company. Know all policies and actions
   that have been and will be implemented by the Board of Directors;
3. Request the Board of Directors and/or other officials under the Board of Directors with the knowledge of the Directors to attend
   the Board of Commissioners Meeting;
4. Temporarily suspend members of the Board of Directors in accordance with the provisions of the Articles of Association;
5. Establish an Audit Committee, Remuneration and Nomination Committee, Risk Monitoring Committee, and Financial Conglomeration
   Integrated Governance Committee and other committees if deemed necessary taking into account applicable regulations;
6. Use experts for certain matters and within a certain period of time at the Company’s expense, if deemed necessary and taking
   into account applicable regulations;
7. Conduct the Company’s management in certain circumstances for a certain period of time in accordance with the provisions of
   the Company’s Articles of Association;
8. Attend meetings of the Board of Commissioners and provide views on matters discussed;
9. Carry out other supervisory authority as long as it does not conflict with statutory regulations, the Articles of Association and/
   or GMS resolutions.

Division of Duties of the Board of Commissioners
The division of duties among members of the Board of Commissioners ensures optimal focus in decision making and company
supervision. Each member is responsible for a specific area, ensuring the implementation of tasks runs smoothly and efficiently, as
well as creating clarity about their respective roles both collectively and individually.


                 Name                          Position                                        Task Field
                                                                    •   Member of the Risk Monitoring Committee
 Jerry Marmen                       President Commissioner
                                                                    •   Member of the Remuneration & Nomination Committee
                                                                    •   Member of the Risk Monitoring Committee
 Seng Hyup Shin                     Deputy President Commissioner
                                                                    •   Member of the Remuneration & Nomination Committee
                                                                    •   Member of the Risk Monitoring Committee
 Nanang Supriyatno                  Commissioner
                                                                    •   Member of the Remuneration & Nomination Committee
                                                                    •   Member of the Audit Committee
 Tippy Joesoef                      Independent Commissioner        •   Chairman of the Risk Monitoring Committee
                                                                    •   Member of the Remuneration & Nomination Committee
                                                                    •   Chairman of the Remuneration & Nomination Committee
 Hae Wang Lee                       Independent Commissioner
                                                                    •   Member of the Integrated Governance Committee
                                                                    •   Chairman of the Audit Committee
 Stephen Liestyo                    Independent Commissioner        •   Chairman of the Integrated Governance Committee
                                                                    •   Member of the Risk Monitoring Committee




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Page 337
                                                                        Throughout 2024, the Board of Commissioners has provided
Independence of the Board                                               recommendations and carried out the duties and responsibilities
of Commissioners                                                        of the Board of Commissioners through forums, including:
                                                                        1. Board of Commissioners meetings which may also invite the
In carrying out its functions, duties and responsibilities, the Board       Directors);
of Commissioners of KB Bank always prioritizes the principle of         2. Joint meetings between the Board of Commissioners and the
independence and upholds the interests of the Bank above their              Board of Directors.
own personal interests. The Board of Commissioners ensures that         3. Committee meetings are under the supervision of the Board
in doing its duties, it is not influenced by any party.                     of Commissioners, consisting of Audit Committee Meetings,
                                                                            Risk Monitoring Committee Meetings, Integrated Governance
This principle of independence is the main basis for decision               Committee Meetings and Remuneration and Nomination
making and supervision of the Board of Commissioners. The                   Committee Meetings. At the Committee Meeting, the Directors
Board of Commissioners acts neutrally and objectively, without              or members of the Board of Directors may also be invited.
any influence from external or internal parties that could disrupt
the integrity and credibility of the decisions taken.                   Management of Conflicts of Interest
                                                                        of the Board of Commissioners
By prioritizing the interests of the Bank, the Board of Commissioners
ensures that all decisions taken have a positive impact on              Conflict of interest in the Board of Commissioners’ Guidelines
the growth and business continuity of KB Bank. The Board of             and Regulations is explained as a situation where the interests of
Commissioners is committed to acting fairly and transparently           individual members of the Board of Commissioners may conflict
in every aspect of company management, so as to strengthen              with the Company’s interests in achieving company goals. This
the trust of stakeholders and maintain the good reputation of           includes increasing profits, company value, achieving the vision,
the Bank.                                                               completing the mission, and implementing the resolutions of the
                                                                        General Meeting of Shareholders.
Decisions that Require Approval
from the Board of Commissioners                                         Management of conflicts of interest is strictly regulated in these
                                                                        guidelines. The Board of Commissioners is required to avoid
During 2024, the Board of Commissioners has carried out its duties      conflicts of interest in various ways, including:
and responsibilities in the context of carrying out supervision         1. Other parties or personal initiatives that can be categorized
as follows:                                                                as efforts to utilize the Bank for personal, family and/or other
1. Direct and evaluate the preparation of the Bank’s strategic             party interests that can harm or reduce the Bank’s profits;
    policies, including the Corporate Strategy and Bank Business        2. Other parties or personal initiatives that could potentially
    Plan (RBB) for the 2024-2026 period;                                   be categorized as taking and/or receiving personal benefits
2. Evaluate the implementation of the Bank’s strategic policies            from the Bank other than remuneration and other facilities
    in 2024, the achievement of the Bank’s Business Plan (RBB)             determined by the General Meeting of Shareholders;
    and monthly Financial Performance in 2024;                          3. Decision making where personally or in any way, either
3. Approval of the appointment of a Public Accounting Firm in              directly or indirectly, members of the Board of Directors have
    accordance with the Decision of the 2024 Annual General                a personal interest in it.
    Meeting of Shareholders;
4. Provide approval for the provision of credit facilities, credit      Risk Management Certificate
    restructuring, and investment above a certain limit as well
    as the provision of credit facilities to related parties, which     In facing increasingly complex risks in banking activities, it is
    is the authority of the Board of Commissioners.                     important for the Company to have bank administrators and
5. Approving policies and policy changes as a part of the Board         officials who have competence in risk management. In accordance
    of Commissioners’ authority.                                        with Bank Indonesia Regulation no. 11/19/PBI/2009, the Board
                                                                        of Commissioners and the Board of Directors must have a Risk
The Board of Commissioners of KB Bank not only supervises, but          Management Certificate issued by a Professional Certification
also provides active advice to the Board of Directors. The Board of     Institute, with the following classification:
Commissioners ensures that supervisory and advisory decisions
become more effective by interacting regularly in formal meetings
and informal dialogue with all Directors or certain members
of the Board of Directors. By providing continuous advice, the
Board of Commissioners helps the Board of Directors formulate
effective business strategies, identify risks, and maintain the
Bank’s operations according to standards.




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          Corporate Governance




                                    Position                                                          Level                         Valid Period
 Board of Commissioner                                                                  At least level 1                     4 years
 Board of Commissioner                                                                  At least level 2                     4 years
 Board of Commissioner and Board of Director with assets of 1 to 10 T                   4                                    2 years


In the event that the validity period of the certification has expired, a periodic Refreshment Program must be carried out at least once
every four years for level 1 and 2; or one time in two years for level 3, 4 and 5.

This following table explains the risk management certificate owned by the Board of KB Bank in 2024.
         Name                            Position                       Qualification                      Institution Issuing the Certificate
 Jerry Marmen               President Commissioner                            7                 Risk Management Certification Body (BSMR)
 Seng Hyup Shin             Deputy President Commissioner                     7                 Risk Management Certification Body (BSMR)
 Nanang Supriyatno          Commissioner                                      6                 Risk Management Certification Body (BSMR)
 Tippy Joesoef              Independent Commissioner                          6                 Risk Management Certification Body (BSMR)
 Hae Wang Lee               Independent Commissioner                          6                 Risk Management Certification Body (BSMR)
 Stephen Liestyo            Independent Commissioner                          6                 Risk Management Certification Body (BSMR)



Company Introduction Program for New Commissioners
The Introduction Program for newly appointed Board of Commissioners aims to provide an in-depth understanding of the Company. This
includes an understanding of the duties and responsibilities of the Board of Commissioners as well as the business processes carried
out by the Board of Directors. The ultimate goal is for the Board of Commissioners to work in harmony with other Company Organs.

In this program, the new Board of Commissioners will be introduced to the Company's operations, vision and strategy led by the Board
of Directors. They will also study the regulatory framework, internal policies and best practices used by the Company.

In addition, the Introduction Program aims to facilitate interaction between the Board of Commissioners and other Company Organs.
With a comprehensive understanding of the Company, the Board of Commissioners can contribute effectively in strategic decision
making and supervision, as well as maintaining harmony between various organs in achieving common goals. The Company's
introduction program includes:
1. Introduction to the business and divisions in the Company;
2. Introduction to Company culture;
3. The Company participates in training programs in areas appropriate to the supervision concerned;
4. Submission of Company documents, including; Annual Report, Bank Business Plan (RBB).

In connection with the change in the composition of the Board of Commissioners, KB Bank carried out an introduction program for
the new member of the Board of Commissioners, namely Seng Hyup Shin on January 24, 2024, in Jakarta.

Training and Competency Development Program in 2024
KB Bank is committed to implementing training and competency development programs for all members of the Board of Commissioners.
This aims to strengthen the role and effectiveness of the supervisory function carried out by the Board of Commissioners, as well as
ensure the sustainability of good governance in all aspects of the Bank's operations. The training and competency development of
the Board of Commissioners during 2024 are as follows:




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Page 339
    Name and          Education and
                                            Education and Training Materials                  Venue/Date                      Organizer
     Position         Training Types

                                        •   Kick Off RKA SKAI                                                            •   Internal Training
                                                                                    •   Jakarta, March 21, 2024
                                        •   Refresher Workshop RKA SKAI                                                  •   Internal Training
 Jerry Marmen                                                                       •   Jakarta, July 26,2024
                     Training and       •   National Convention Draft RSKKNI BID                                         •   OJK
 (President                                                                         •   Surabaya, July 8, 2024
                     Workshop               SMR                                                                          •   OPPA ACADEMY
 Commissioner)                                                                      •   Jakarta, October 4, 2024
                                        •   Korean Language Training                                                     •   Rinto Teguh
                                                                                    •   Jakarta, May 11, 2024
                                        •   Online APU PPT For Executive
 Seng Hyup Shin
 (Deputy President   Training           Online APU PPT For Executive                Jakarta, November 5, 2024            Rinto Teguh
 Commissioner)
                                        •   Anti-Corruption and Anti-Fraud
                                                                                    •   Jakarta, July 19, 2024           •   AAFM
 Nanang                                     Training
                                                                                    •   Jakarta, July 9, 2024            •   IRPA & BSMR
 Supriyatno          Training           •   BSMR Commissioner Recertification
                                                                                    •   Jakarta, October 4, 2024         •   OPPA ACADEMY
 (Commissioner)                         •   Korean Language Training
                                                                                    •   Jakarta, November 5, 2024        •   Rinto Teguh
                                        •   Online APU PPT For Executive
                                        •   Kick Off RKA SKAI                       •   Jakarta, March 21, 2024          •   Internal Training
                                        •   RKA SKAI Refresher Workshop             •   Jakarta, July 26, 2024           •   Internal Training
 Tippy Joesoef
                     Training and       •   Anti-Corruption & Anti-Fraud Training   •   Jakarta, July 19, 2024           •   AAFM
 (Independent
                     Workshop           •   SMR J6 Exam (Commissioner)              •   Jakarta, September 27, 2024      •   LSPP
 Commissioner)
                                        •   Korean Language Training                •   Jakarta, October 4, 2024         •   OPPA ACADEMY
                                        •   Online APU PPT For Executive            •   Jakarta, November 5, 2024        •   Rinto Teguh
                                        •   Anti-Corruption and Anti-Fraud          •   Jakarta, July 19, 2024           •   AAFM
 Hae Wang Lee                               Training                                •   Jakarta, July 9, 2024            •   IRPA & BSMR
 (Independent        Training           •   BSMR Commissioner Recertification       •   Jakarta, November 5, 2024        •   Rinto Teguh
 Commissioner)                          •   Online APU PPT For Executive            •   Jakarta, December 11, 2024       •   Webinar FKDKP
                                        •   FKDKP Webinar
                                        •   Kick Off RKA SKAI                       •   Jakarta, March 21, 2024          •   Internal Training
                                        •   RKA SKAI Refresher Workshop             •   Jakarta, July 26, 2024           •   Internal Training
 Stephen Liestyo                        •   Anti-Corruption & Anti-Fraud Training   •   Jakarta, July 19, 2024           •   AAFM
                     Training and
 (Independent                           •   Commissioner Smr Recertification        •   Jakarta, July 9, 2024            •   IRPA & BSMR
                     Workshop
 Commissioner)                          •   Korean Language Training                •   Jakarta, October 4, 2024         •   OPPA ACADEMY
                                        •   Online APU PPT For Executive            •   Jakarta, November 5, 2024        •   Rinto Teguh
                                        •   FKDKP Webinar                           •   Jakarta, December 11, 2024       •   FKDKP


Mechanism for Resignation and Dismissal of The Board of Commissioners
A member of the Board of Commissioners may resign before the end of his/her term of office by notifying the Company in writing
of his/her intention with a copy to the Shareholders, Directors and other members of the Board of Commissioners at least 30 (thirty
days) before the date of his/her resignation and the Company is required to hold a GMS within a period of no later than 90 (ninety)
days after receipt of the Letter of Resignation, to follow up on the matter or if not, the resignation will be considered valid without
requiring GMS approval. Before the resignation becomes effective, the relevant Board of Commissioners is still obliged to complete
its duties and responsibilities in accordance with the Articles of Association.

Board of Commissioners Performance Assessment
There are several types of assessment procedures to view the performance of the Board of Commissioners, two of which are described
as follows:

Performance Assessment of The Board of Commissioners by the GMS

Every year, the performance of the Board of Commissioners is assessed at the General Meeting of Shareholders. The assessment is
carried out based on the duties and obligations regulated in the Legislative Regulations and Articles of Association, as well as the
mandate of Shareholders.

Evaluation criteria are submitted openly to the Board of Commissioners since their appointment. The evaluation results, both overall and
individual, become an integral part of the Board of Commissioners' compensation and incentive scheme. Evaluation of individual performance
is an important consideration for Shareholders when considering the dismissal or reappointment of members of the Board of Commissioners.

The results of the performance evaluation of the Board of Commissioners, both collectively and individually, are used as a tool for
evaluating and improving the effectiveness of the Board of Commissioners' performance as a whole.

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         Corporate Governance



                                                                     Procedures for Implementing the Board of
Procedures for Implementing the Performance                          Commissioners' Performance Self-Assessment
Assessment of the Board of Commissioners
                                                                     Implementation of the GCG Self-Assessment for the performance
The performance of the Board of Commissioners is reported to         of the Board of Commissioners begins with a self-assessment of
Shareholders through the GMS based on the Board Manual and           each member's performance by filling in a performance sheet
the performance targets of the Board of Commissioners.               template and the results will be provided to shareholders at the
                                                                     Annual GMS for evaluation and used as a basis for determining
Board of Commissioners Performance Evaluation                        the dismissal and/or reappointment of members of the Board
Criteria                                                             of Commissioners.

The General Meeting of Shareholders determines the performance       Board of Commissioners Performance Evaluation
criteria for the Board of Commissioners and individual members of    Criteria
the Board of Commissioners. Criteria for evaluating the individual
performance of the Board of Commissioners include:                   The GCG Self Assessment is carried out using the criteria of SE
1. Level of attendance at Board of Commissioners Meetings and        OJK No. 13/SEOJK.03/2017 of 2017 concerning the Implementation
     meetings with existing committees;                              of Governance for Commercial Banks. The assessment of the
2. Contribution to the Company's supervision process;                performance of the Board of Commissioners includes the following
3. Involvement in certain assignments;                               matters:
4. Commitment to advancing the Company's interests;                  1. Personal Evaluation;
5. Achieving the realization of the annual work program;             2. Competency Evaluation;
6. Compliance with applicable laws and regulations and Company       3. Performance of Board of Commissioners Committees and
     policies.                                                           recommendations for necessary improvements (if any);
                                                                     4. Effectiveness of Implementation of Responsibilities and Work
The Party Conducting the Assessment                                      Processes of the Board of Commissioners;
                                                                     5. Effectiveness of Board of Commissioners Meetings.
The party that assesses the performance of the Board of
Commissioners is the Shareholders at the GMS.                        The Party Conducting the Assessment

Board of Commissioners Performance Assessment                        The party that carries out the assessment of the performance
Results                                                              of the Board of Commissioners is the Compliance Group as the
                                                                     work unit that carries out assessments of GCG implementation
Throughout 2024, the Board of Commissioners has carried out          factors in the Company.
its role in overseeing the running of the Company in accordance
with applicable regulations. To ensure the effectiveness of          Performance Assessment of Committees under
supervision, the Board of Commissioners first prepares an Annual     The Board of Commissioners
Work Plan which serves as a guideline for each of its members.
This work plan is prepared by considering the duties, authorities,   The Board of Commissioners has supporting committees which
and responsibilities carried out by the Board of Commissioners.      have duties and responsibilities to support the performance
Throughout 2024, by adhering to these guidelines, the Board of       of the Board of Commissioners. These committees have clear
Commissioners is able to carry out its duties well.                  work guidelines, so that the implementation of their duties
                                                                     can be directed and effective. The committees under the Board
Performance Assessment of the Board of                               of Commissioners are the Audit Committee, Risk Monitoring
Commissioners using the GCG Self-Assessment                          Committee, Remuneration and Nomination Committee and
Method                                                               Integrated Governance Committee.

The performance assessment of the Board of Commissioners             Audit Committee
is carried out regularly 2 (two) times a year, namely in June
and December. The performance assessment of the Board of             The Audit Committee has duties and responsibilities to supervise
Commissioners is carried out through Self Assessment based           the effectiveness of the internal control system, risk management,
on Financial Services Authority Regulation No. 17 of 2023 and        internal audit, financial reporting processes. The Board of
Financial Services Authority Circular No. 13/SEOJK.03/2017 which     Commissioners assesses that the Audit Committee has carried
requires Commercial Banks to carry out an assessment of the          out its duties and responsibilities well.
implementation of Bank governance.
                                                                     The assessment criteria used by the Board of Commissioners
                                                                     include:
                                                                     1. Attendance and activeness in meetings;
                                                                     2. Recommendations given to the Board of Commissioners;
                                                                     3. Timely reporting.

Annual Report    2024                                            340                                          PT Bank KB Bukopin Tbk
Page 341
Risk Monitoring Committee

Risk monitoring committee supports the effective implementation of the duties and responsibilities of the Board of Commissioners
related to risk supervision. The Board of Commissioners assesses that the Risk Monitoring Committee has carried out its duties and
responsibilities well.

The assessment criteria used by the Board of Commissioners include:
1. Attendance and activeness in meetings;
2. Recommendations given to the Board of Commissioners;
3. Timely reporting.

Remuneration and Nomination Committee

Remuneration and Nomination Committee carry out the functions and duties of the Board of Commissioners related to remuneration
and nomination of members of the Board of Directors and members of the Board of Commissioners. The Board of Commissioners
assesses that the Remuneration and Nomination Committee has carried out its duties and responsibilities well.

The assessment criteria used by the Board of Commissioners include:
1. Attendance and activeness in meetings;
2. Recommendations given to the Board of Commissioners;
3. Timely reporting.

Integrated Governance Committee

Integrated Governance Committee assists the Board of Commissioners in evaluating the implementation of Integrated Governance
at least through assessing the adequacy of internal control and implementing the compliance function in an integrated manner.

The assessment criteria used by the Board of Commissioners include:
1. Attendance and activeness in meetings;
2. Recommendations given to the Board of Commissioners;
3. Timely reporting.




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          Corporate Governance




INDEPENDENT COMMISSIONER


Independent Commissioners, as members of the Board of Commissioners, have an important role in ensuring transparency, accountability
and sustainability of the Company's operations. Independent Commissioners have no financial, management, share ownership or
family relationships with the Board of Directors, other members of the Board of Commissioners, controlling shareholders or with the
Bank itself which could interfere with their independence in making decisions.

In 2024, KB Bank have 3 (three) Independent Commissioners, in accordance with POJK provisions, whose duty is to supervise the Company's
activities independently and safeguard the interests of all stakeholders. Through the presence of Independent Commissioners, KB
Bank strengthens its commitment to good corporate governance practices and supports sustainable growth.

Criteria for Determining Independent Commissioners
The requirements for appointing members of the Independent Board of Commissioners are at least the same as the requirements
for appointing non-Independent Board of Commissioners members plus several other rules in OJK Regulation No. 33/POJK.04/2014
as follows:


                                                                                                                Independent Commissioners

                                                 Criteria                                                                Hae
                                                                                                               Tippy                Stephen
                                                                                                                         Wang
                                                                                                              Joesoef               Liestyo
                                                                                                                          Lee
 Not a person who works or has the authority and responsibility to plan, lead, control or supervise the
 activities of the Issuer or Public Company within the last 6 (six) months, except for reappointment as         √          √           √
 an Independent Commissioner of the Issuer or Public Company in the following period.
 Does not own shares, either directly or indirectly, in the Issuer or Public Company.                           √          √           √
 Has no affiliation with the Issuer or Public Company, members of the Board of Commissioners,
                                                                                                                √          √           √
 members of the Board of Directors, or Major Shareholders of the Issuer or Public Company.
 Has no direct or indirect business relationship related to the business activities of the Issuer or Public
                                                                                                                √          √           √
 Company.


Statement of Independence of Each Independent Commissioner
A statement of independence from members of the Independent Board of Commissioners stating that they have no affiliation with
the Company will then be submitted to the OJK.

The following is proof of the statement of independence of the Independent Board of Commissioners of KB Bank:




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Page 343
Annual Report   2024   343   PT Bank KB Bukopin Tbk
Page 344
         Corporate Governance




BOARD OF DIRECTORS


The Board of Directors plays an important role in the Company's     8. Sanctions
managerial structure, fully responsible for the Bank's operations   9. Others
and strategies. The Board of Directors' main task is to ensure      10. Conclusion.
that the policies taken are in line with the Bank's vision and
mission. As a party representing the Bank, the Board of Directors   Directors' Criteria
has the authority to act on behalf of the Bank, both in legal
and business matters, in accordance with the provisions of the      The criteria for the Company's Directors are adjusted to Financial
articles of association. The existence of the Board of Directors    Services Authority Regulation no. 33/POJK.04/2014 concerning
greatly determines the achievement of the Bank's goals, which       Directors and Board of Commissioners of Issuers or Public
include financial achievements and compliance with applicable       Companies. In addition, the Company also sets additional criteria,
regulations.                                                        namely:
                                                                    1. Have experience in the operational field as a Bank Executive
Legal Basis                                                             Officer for at least 5 years;
                                                                    2. Prepared by the Remuneration and Nomination Committee
1. Law No. 40 of 2007 concerning Limited Liability Companies;           which is approved by the Board of Commissioners.
2. OJK Regulation No. 33/POJK.04/2014 concerning Directors
   and Board of Commissioners of Issuers or Public Companies;       Terms of Office
3. OJK Regulation No. 17 of 2023 concerning Implementation of
   Governance for Commercial Banks;                                 Apart from being determined at the GMS, the Board of Directors'
4. Articles of Association of PT Bank KB Bukopin Tbk.               work guidelines also determine the term of office of appointed
                                                                    Directors for a period of 3 (three) years from the closing of the
Directors' Work Guidelines/Charter                                  GMS when appointed, and if there are members of the Board of
                                                                    Directors whose term of office has ended they can be reappointed
The Board of Directors Charter is prepared as a guideline for       in accordance with the Company's Articles of Association.
carrying out the duties and responsibilities of the Board of
Directors efficiently, effectively, transparently, competently,     Composition and Basis for
independently and accountably so that it can be accepted by all     Appointment of Members of The
interested parties and in accordance with statutory regulations.    Board of Directors in 2024
The Board of Directors' Charter is regularly reviewed to adapt to
current conditions. The Board of Directors' Work Guidelines and     In 2024, there was a change in the composition of the Board of
Regulations (Charter) currently in effect are based on Decree No.   Directors based on the Resolution of the Extraordinary General
28 of 2022 concerning Guidelines and Work Rules for the Board of    Meeting of Shareholders held on January 24, 2024, which honorably
Directors of KB Bank, which covers aspects regarding:               dismissed Seng Hyup Shin as Director of the Company, and
1. Introduction;                                                    appointed Jang Hyuk Im as Director of the Company. In addition,
2. Composition of the Board of Directors;                           the Resolution of the Annual General Meeting of Shareholders
3. Work Ethics;                                                     held on June 28, 2024, honorably dismissed Young Eun Moon as
4. Working Time;                                                    Director of the Company and Yohanes Suhardi as Director of the
5. Board of Directors Meeting                                       Company.
6. Implementation of GCG Corporate Governance;
7. Leave/temporary absence




Annual Report    2024                                           344                                          PT Bank KB Bukopin Tbk
Page 345
The composition and composition of the Board of Directors in effect on December 31, 2024 can be viewed as follows.


     Name                  Position                Basis of Appointment                                    Period
                                                                               2022-Closing of the Annual General Meeting of Shareholders for
 Woo Yeul Lee       President Director         Annual GMS on May 25, 2022
                                                                               the 2024 Fiscal Year

 Robby Mondong      Vice President Director    Annual GMS on June 28, 2024     2024-Closing of the 2027 Annual General Meeting of Shareholders

                                               Extraordinary GMS on August     2020-Closing of the Annual General Meeting of Shareholders for
 Helmi Fahrudin     Director
                                               25, 2020                        the Fiscal Year 2024
                                               Extraordinary GMS on August     2020-Closing of the Annual General Meeting of Shareholders for
 Dodi Widjajanto    Director
                                               25, 2020                        the Fiscal Year 2024
 Henry Sawali       Director                   Annual GMS on June 28, 2024     2024-Closing of the 2027 Annual General Meeting of Shareholders
                                               Extraordinary GMS on January    2023-Closing of the Annual General Meeting of Shareholders for
 Jung Ho Han        Director
                                               31, 2023                        the 2025 Fiscal Year
                                               Extraordinary GMS on January    2024-Closing of Annual General Meeting of Shareholders for
 Jang Hyuk Im       Director
                                               24, 2024                        Financial Year 2026



Fit and Proper Test
OJK Regulation no. 27/P0JK.03/2016 concerning the Fit and Proper Test for Main Parties of Financial Services Institutions, which states
that the managers or managers of financial institutions must meet the fit and proper criteria to serve as members of the Board of
Directors and Board of Commissioners. This assessment covers several aspects, namely integrity, financial suitability or reputation,
and the competency of prospective bank administrators. In this context, integrity refers to honesty and trustworthiness, financial
worthiness or reputation refers to financial and professional track record, while competence includes technical and managerial
abilities relevant to carrying out the duties and functions assigned to the Board of Directors and Board of Commissioners. This
assessment is key in ensuring that the managers or administrators of financial institutions have adequate capacity to carry out the
responsibilities of the Board of Directors and Board of Commissioners effectively and responsibly.


                    Name                                    Position                     OJK Approval                    Effective Date
 Woo Yeul Lee                                   President Director              KEP-4/D.03/2023                  January 5, 2023
 Robby Mondong                                  Vice President Director         KEP-65/D.03/2022                 April 28, 2022
 Helmi Fahrudin                                 Director                        KEP-35/D.03/2021                 April 22, 2021
 Dodi Widjajanto                                Director                        KEP-120/D.03/2021                August 19, 2021
 Henry Sawali                                   Director                        KEP-26/D.03/2022                 August 3, 2022
 Jung Ho Han                                    Director                        KEPR-150/D.03/2023               January 10, 2024
 Jang Hyuk Im                                   Director                        KEPR-125/D.03/2024               December 16, 2024


Board of Directors' Share Ownership
Members of the Board of Directors are required to disclose share ownership of 5% (five percent) or more, both in the bank concerned
and in other banks and companies, domiciled at home and abroad. The following is a description of the share ownership of members
of the Board of Directors of KB Bank until the end of 2024:
                                                                                     Share Ownership (Share)
      Name                      Position                                                             Non-Bank Financial               Other
                                                               KB Bank              Other Bank
                                                                                                         Solution                   Companies
 Woo Yeul Lee        President Director              11,800,000 (0.0062804%)        None           None                           None
 Robby Mondong       Vice President Director         5,107,000 (0.0027181%)         None           None                           None
 Helmi Fahrudin      Director                        2,483,951 (0.0013220%)         None           None                           None
 Dodi Widjajanto     Director                        2,000,088 (0.0010645%)         None           None                           None
 Henry Sawali        Director                        1,600,000 (0.0008516%)         None           None                           None
 Jung Ho Han         Director                        11,983,400(0.0063780%)         None           None                           None
 Jang Hyuk Im        Director                        None                           None           None                           None

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            Corporate Governance



Concurrent Board of Directors Position
The guidelines and work procedures for the Board of Directors of KB Bank prohibit members of the Board of Directors from holding
concurrent positions as:
1. Member of the Board of Directors, member of the Board of Commissioners or Executive Officer at a bank, company and/or other
   institution;
2. Political party administrators, members of the DPR, DPD, DPRD Level I, and DPRD Level II and/or regional heads;
3. Other positions in accordance with the provisions in the Legislative Regulations.


       Name                         Position              Position in Other Company/Institution            Name of Other Company/Institution

 Woo Yeul Lee            President Director                                  None                                          None
 Robby Mondong           Vice President Director                             None                                          None
 Helmi Fahrudin          Director                                            None                                          None
 Dodi Widjajanto         Director                                            None                                          None
 Henry Sawali            Director                                            None                                          None
 Jung Ho Han             Director                                            None                                          None
 Jang Hyuk Im            Director                                            None                                          None


Directors' Affiliate Relations
The Articles of Association state that the General Meeting of Shareholders (GMS) has the authority to dismiss members of the Board
of Directors if there is a family relationship up to the third degree between members of the Board of Directors or between members
of the Board of Directors and members of the Board of Commissioners. This family relationship includes straight-line and side-line
relationships, including those that arise as a result of marriage.


                                                   Financial Relation with                          Family Relation with
                                                                                                                                       Management
    Name               Position           Board of        Board of                      Board of         Board of                       Relation
                                                                      Shareholder                                     Shareholder
                                        Commissioner      Director                    Commissioner       Director

                                          Yes      No     Yes   No    Yes      No      Yes     No        Yes    No     Yes        No   Yes     No
                   President
 Woo Yeul Lee                                       x            x              x               x               x                 x            x
                   Director
 Robby             Vice President
                                                    x            x              x               x               x                 x            x
 Mondong           Director
 Helmi
                   Director                         x            x              x               x               x                 x            x
 Fahrudin
 Dodi
                   Director                         x            x              x               x               x                 x            x
 Widjajanto
 Henry Sawali      Director                         x            x              x               x               x                 x            x
 Jung Ho Han       Director                         x            x              x               x               x                 x            x
 Jang Hyuk Im      Director                         x            x              x               x               x                 x            x


Duties, Obligations and Responsibilities
                                                                               4. Follow up on audit findings and recommendations from the
Based on the Board of Directors' Guidelines and Regulations, the                  Company's Internal Audit Work Unit, external auditors, Bank
Board of Directors has full duties and responsibilities as follows:               Indonesia supervision results and/or supervision results from
1. Implementation of Company management;                                          other authorities;
2. Manage the Company in accordance with its authority and                     5. In order to implement GCG principles, the Board of Directors
   responsibilities as regulated in the Articles of Association                   is at least obliged to establish:
   and applicable laws and regulations;                                           a. Internal Audit Work Unit;
3. Implement GCG principles in every Company business activity                    b. Risk Management Work Unit and Risk Management
   at all organizational levels;                                                      Committee; And
                                                                                  c. Compliance Work Unit.


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Page 347
6. Accountable for the implementation of his duties to Shareholders through the General Meeting of Shareholders;
7. Carry out the appointment of members of the Audit Committee, Risk Monitoring Committee and Remuneration and Nomination
    Committee based on the decision of the Board of Commissioners meeting;
8. Disclose to employees regarding the Company's strategic policies in the field of personnel;
9. Directors are prohibited from using individual advisors and/or professional services as consultants unless they meet the following
    requirements:
    a. Projects are special;
    b. Based on a clear contract, which at least includes the scope of work, responsibilities and work period as well as costs;
    c. Consultants are Independent Parties and have the qualifications to work on special projects as referred to in the previous point.
10. Provide accurate, relevant and timely data and information to the Board of Commissioners;
11. Have work guidelines and rules that are binding for each member of the Board of Directors;
12. All decisions taken by the Board of Directors in accordance with the work guidelines and regulations are binding and the responsibility
    of all members of the Board of Directors;
13. Members of the Board of Directors are prohibited from granting general power of attorney to other parties which results in the
    transfer of the duties and functions of the Board of Directors.

Rights and Authorities of Directors
Based on the Articles of Association, the rights and authority of the Board of Directors are as follows:
1. The Board of Directors has the right to represent the Company inside and outside the court on all matters and in all cases bind
   the Company, with other parties, and carry out all actions, both regarding management and ownership;
2. The President Director or 2 (two) Directors together have the right and authority to act for and on behalf of the Board of Directors
   and represent the Company;
3. For certain actions, the Board of Directors also has the right to appoint one or more people as their representatives or proxies by
   giving them the powers regulated in the power of attorney;
4. The Board of Directors can appoint either individuals or 1 (one) group of people in the form of a committee to carry out the
   management of certain business activities of the Company.

Duties and Responsibilities of Each Director
The division of duties and authority of each member of the Board of Directors is determined by the General Meeting of Shareholders
(GMS) and regulated in the Board of Directors' work procedures guidelines. This guideline provides specific direction regarding the
responsibilities of each member of the Board of Directors based on their expertise, experience and company goals. The division of
duties and authority of each member of the Board of Directors is as follows:


      Name                Position                                                       Work Field
                                         Coordinating all functions and groups/divisions including Internal Audit, Anti Fraud, Corporate
 Woo Yeul Lee       President Director
                                         Communication and Human Capital.
                                         •   Sales planning and management of Retail, Micro, and SME segments.
                                         •   Sales function of Retail, Micro, and SME segment products.
                                         •   Development of Retail, Micro, and SME segment products.
                                         •   Partnership of Retail, Micro, and SME segments.
                                         •   Managing portfolio and supporting sales for micro and SME segments.
                                         •   Business function, Development and support of sales and operations of trade finance products.
                                         •   Management of operational risk of SME credit.
                                         •   Sales planning and management of commercial, corporate, and Korean-link segments.
                                         •   Sales function and partnership of commercial, corporate, and Korean-link segments.
                                         •   Development of transactional products and solutions in commercial, corporate, and Korean-link
                                             segments.
                    Vice President
 Robby Mondong                           •   Participating in global syndicated loans, international banking loans to large companies, as well as
                    Director
                                             financing and cross-selling services.
                                         •   Development of new business solutions and supply chains.
                                         •   Function of policy development and business process restructuring related to credit.
                                         •   Managing KPI of commercial, corporate, and Korean-link business segments.
                                         •   Handling business performance management and Branch KPI.
                                         •   Planning and implementing incentives and sales promotions to increase branch sales.
                                         •   Handling media relations and corporate marketing communications.
                                         •   Handling investor relations. Coordinating the implementation of group retail business, small and
                                             medium enterprises and wholesale, corporate relations, to maintaining KPI of branch office business
                                             performance.




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        Corporate Governance




     Name                Position                                                            Work Field
                                           •   Retail segment sales planning and management.
                                           •   Branch customer service.
                                           •   Retail segment sales function.
                                           •   Product development and portfolio management for the retail segment consisting of Pension Credit, Home
                                               Ownership Credit (KPR), Motor Vehicle Ownership Credit (KPM), Credit Cards, Wealth Management, Fund
                                               Products, and other products.
                                           •   Strategic partners and retail product sales strategy.
                    Director of
Helmi Fahrudin                             •   Marketing communications.
                    Operation
                                           •   Manage the retail credit factory in the retail segment related to credit analysis for the retail segment and
                                               operations related to the credit document compliance process, credit investigation and disbursement in
                                               the retail segment as well as third party management.
                                           •   Operations on electronic channels of credit cards, payment systems, trade finance and treasury.
                                           •   Development of services and operations to improve customer service.
                                           •   Business Process Restructuring.
                                           •   Strengthening insurance partnerships
                                           •   Regulations and compliance policies.
                                           •   Monitoring corporate governance.
                                           •   Single point of contact with regulator.
                                           •   Customer introduction.
                                           •   Anti-money laundering and transaction monitoring.
                                           •   Corporate legal functions and litigation.
                                           •   Monitoring, analysis and assessment of credit portfolios and credit collectability, providing
                                               assessment/rating models.
                    Director of            •   Credit risk control
Dodi Widjajanto     Compliance and         •   Enterprise Risk Management
                    Risk                   •   Market & Liquidity Risk Management
                                           •   Operational Risk Management and others
                                           •   Information Technology Risk Management
                                           •   Personal data protection.
                                           •   Customer Protection.
                                           •   Reporting and monitoring daily activities and preparing all policies and SOPs for the Treasury Middle
                                               Office.
                                           •   Conducting Credit Stress Tests to ensure and manage regulatory capital adequacy and compliance
                                               policies.
                                           •   Credit analysis for corporate, commercial and Korean Link segments.
                                           •   Manage the Credit Regional Center for the MSME segment.
                                           •   Manage bad banks, credit restructuring for MSME, corporate, commercial and Korean Link segments.
                                           •   Managing Foreclosed Assets (AYDA) and conducting bulk sales.
                                           •   Manage assets and/or Bank portfolios that have been sold, as well as manage ABS and Sukuk.
Henry Sawali        Director of Credit
                                           •   Rite segment credit billing.
                                           •   Operation of legal credit processing, credit investigation and disbursement in the MSME, corporate,
                                               commercial and Korean Link segments.
                                           •   Manage all asset quality in the Bank and act as a control tower to improve asset quality.
                                           •   Billing, maintenance and settlement for Swamitra
                                           •   Planning and managing company strategy.
                                           •   Subsidiary management.
                                           •   Driving business growth through strategic partnerships.
                                           •   Strategy and optimization of physical sales channels / branch office outlets, sub-branch offices, cash
Jung Ho Han         Director of Strategy
                                               offices and ATMs.
                                           •   Driving transformation and as a project management office.
                                           •   Procurement and management of fixed assets.
                                           •   Encourage implementation and monitoring of efficiency strategies through cost hunting.
                                           •   Treasury and liquidity management.
                                           •   Custody and trustee business.
                                           •   Corporate financial strategy and planning and budget.
                                           •   Management Information System and performance management.
Jang Hyuk Im        Financial Director
                                           •   Accounting, tax and Internal Control Over Financial Report.
                                           •   Financial transactions in the procurement process.
                                           •   Managing ALCO.
                                           •   Managing KPI at corporate, group to department levels.
                                           •   Digital IT development and IT-based service development for customers.
                                           •   Information Technology (IT) policy and strategy.
                                           •   IT infrastructure reliability and availability.
                    Director Alt           •   IT application development.
Jung Ho Han         Information &          •   IT security for the Bank's cyber resilience and security.
                    Digital Technology     •   New Generation Banking System (NGBS).
                                           •   Incubation and development of digital solutions.
                                           •   Business development and digital ecosystem.
                                           •   Process improvement and IT and Digital competency enhancement.

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Page 349
Management of Conflicts of Interest of Directors
In the event of a conflict of interest, members of the Board of Directors are prohibited from taking actions that could harm the Bank
or reduce the Bank's profits and are required to disclose conflicts of interest in every decision, so that to carry out legal actions in
the form of transactions that contain a conflict of interest between the personal economic interests of the members of the Board of
Directors, approval from the GMS is required based on majority vote from shareholders who have no conflict of interest.

Decree and Implementation of Directors' Duties
In 2024, the Bank's Board of Directors effectively carried out its role and responsibilities in directing strategic and operational policies.
The main task of the Board of Directors is to ensure that the policies implemented support the Bank's development, especially in
implementing the long-term vision. One of the prominent achievements is the Bank's increasingly strong focus on the Retail segment,
along with steps that support government programs. In addition, the Board of Directors also updated the Bank's identity by launching
a rebranding that includes updating the logo and brand.

Throughout 2024, several policies and strategic decisions issued by the Board of Directors include:


   Policy Number/
                                                                       Subject                                               Date Stipulated
   Letter Number
           7              General Policy Quality Assurance PT. Bank KB Bukopin, Tbk                                        20-Dec-23

          26              Policy on Position Description, Task & Signature List                                            05-Mar-24

        32 (V2)           Policy Regarding Credit Committee Institution And Authority PT Bank KB Bukopin Tbk               16-Apr-24

           71             Policy regarding Write Off and Claims Write Off PT. Bank KB Bukopin, Tbk.                        17-May-24

           81             Policy regarding Environment And Social Risk Policy                                              03-Jun-24

          85              Policy on Provisions for the Implementation of Regional Human Capital Transactions               04-Jun-24


          108             Policy on Consumer Protection Code of Ethics PT Bank KB Bukopin Tbk                              15-Jul-24


          111             Policy on Employee Appointment of PT Bank KB Bukopin Tbk                                         24-Jul-24


        113 (V2)          Policy Concerning Global Treasury PT Bank KB Bukopin Tbk                                         05-Dec-24

          114             Policy on Business Travel                                                                        31-Jul-24
          123             High-level Policy of KB Bank Governance                                                          23-Aug-24
          127             Information Security Management System Policy                                                    02-Sep-24

          131             Policy on Consumer Protection and Society PT Bank KB Bukopin Tbk                                 26-Sep-24

          134             Policy on Basic Salary Scale for Employees of PT Bank KB Bukopin Tbk                             30-Sep-24

          135             Policy on Remuneration of Foreign Workers                                                        30-Sep-24

          136             Policy on Regulation of Spiritual Travel Facilities for Employees of PT Bank KB Bukopin Tbk      09-Oct-24

          141             Policy on Employee Leave PT Bank KB Bukopin Tbk                                                  10-Oct-24

          142             Policy on Education Support                                                                      10-Oct-24




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          Corporate Governance




   Policy Number/
                                                                      Subject                                               Date Stipulated
   Letter Number

           149             KB Bank's Loan at Risk Portfolio Management Policy                                             17-Oct-24


           154             Policy Regarding Outsource Management of PT Bank KB Bukopin Tbk                                24-Oct-24


           155             Policy on Collective Loan at Risk PT Bank KB Bukopin Tbk                                       25-Oct-24

           161             Policy on Making Agreements and Power of Attorney Agreements                                   31-Oct-24

           185             Policy on the Implementation of APU, PPT, and PPPPSPM                                          06-Dec-24

           189             Policy on Office Network Classification                                                        28-Nov-24

           195             Policy concerning Approval of Allowance for Impairment Losses Determination                    29-Nov-24

           198             Policy on Eid Mubarak Allowance (THR) for PT Bank KB Bukopin Tbk Employees                     04-Dec-24

                           Policy of Training, Workshop and Socialization Implementation for Employees PT Bank KB
           199                                                                                                            29-Nov-24
                           Bukopin Tbk

          208              Anti Fraud Strategy Policy                                                                     12-Dec-24


           222             Policy on Operational Risk Management of PT Bank KB Bukopin Tbk                                31-Dec-24

           223             Risk Appetite Policy of PT Bank KB Bukopin, Tbk                                                30-Dec-24


           224             High Level Policy Regarding Risk Management PT Bank KB Bukopin, Tbk                            30-Dec-24

           225             Policy Regarding Recovery Action Plan of PT Bank KB Bukopin, Tbk                               31-Dec-24


Risk Management Certification
As regulated in Bank Indonesia Regulation no. 11/19/PBI/2009 concerning Risk Management Certification for Management and
Officials of Commercial Banks, Board of Commissioners and Directors are required to have a Risk Management Certificate issued by
a Professional Certification Institute, with the following classification


                                     Position                                                 Level                      Valid Period

 Board of Commissioner                                                                  At least Level 1                    4 Years

 Board of Commissioner                                                                  At least Level 2                    4 Years
 President Director and Board of Director with assets of 1 to 10 T                             4                            2 Years



If the certification period has expired, a periodic Maintenance Program (Refreshment) must be carried out. This program must be
carried out at least 1 (one) time in 4 (four) years for levels 1 and 2; or 1 (one) time in 2 (two) years for levels 3, 4 and 5.

The following table describes the risk management certification held by the KB Bank Board of Directors in 2024.


        Name                               Position                     Qualification                      Certification Body
 Woo Yeul Lee             President Director                                    7          Risk Management Certification Body (BSMR)
 Robby Mondong            Vice President Director                               7          Risk Management Certification Body (BSMR)
 Helmi Fahrudin           Director                                              7          Risk Management Certification Body (BSMR)

 Dodi Widjajanto          Director                                              7          Risk Management Certification Body (BSMR)

 Henry Sawali             Director                                              7          Risk Management Certification Body (BSMR)
 Jung Ho Han              Director                                              7          Risk Management Certification Body (BSMR)
 Jang Hyuk Im             Director                                              7          Risk Management Certification Body (BSMR)


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Page 351
Company Introduction Program for New Directors
The Induction Program for newly appointed Directors has the main objective of introducing the Company's structure and dynamics
as a whole. This is expected to accelerate the Board of Directors' understanding of various important aspects of the organization,
including the roles and responsibilities to be carried out, as well as the business flow and processes carried out. As part of this effort,
the Corporate Secretary is tasked with designing and compiling relevant materials for the induction program. These materials include
various information about the Company, including:
1. Explanation of the duties, responsibilities and authority of members of the Board of Directors;
2. Introduction and explanation of Company Culture and Organizational Structure;
3. Explanation of the Company's Work Plan and Budget (RKAP) and Bank Business Plan (RBB), Guidelines for the Board of Directors'
    Work Rules, and the Company's Articles of Association;
4. Participate in training programs in fields appropriate to the duties and functions concerned. As well as other important things
    that can be provided in the form of presentations, meetings, visits to the Company and review of documents or other programs.

In connection with the change in the composition of the Board of Directors, KB Bank carried out an introduction program for the new
member of the Board of Directors, namely Jang Hyuk Im on January 24, 2024 in Jakarta.



Training and Competency Development Program in 2024
All members of the KB Bank Board of Directors are committed to continuously improving their professional competence and capacity
to support the implementation of their duties and responsibilities optimally. The training and competency development of the Board
of Directors during 2024 are as follows:


  Name and         Education and
                                           Education and Training Materials                  Venue/Date                     Organizer
   Position        Training Types

                                     •   SME Plan Workshop                         •   Jakarta, January 25, 2024      •   Internal Training
                                     •   Marathon Kick Off Workshop                •   Jakarta, February 1, 2024      •   Internal Training
                                     •   RKA SKAI Kick Off                         •   Jakarta, March 21, 2024        •   Internal Training
 Woo Yeul Lee
                 Training and        •   Anti Fraud Workshop                       •   Jakarta, June 27, 2024         •   Internal Training
 (President
                 Workshop            •   Anti-Corruption & Anti-Fraud Training     •   Jakarta, July 19, 2024         •   AAFM
 Director)
                                     •   SND Kick Off                              •   Jakarta, August 2, 2024        •   Internal Training
                                     •   SMR J7 certification                      •   Jakarta, October 29, 2024      •   IRPA & BSMR
                                     •   Online APU PPT For Executive              •   Jakarta, November 5, 2024      •   Rinto Teguh
                                     •   SME Plan Workshop                         •   Jakarta, January 25, 2024      •   Internal Training
                                     •   Marathon Kick Off Workshop                •   Jakarta, February 1, 2024      •   Internal Training
 Robby                               •   Snd Senior Leader Talk Workshop           •   Jakarta, July 19, 2024         •   Internal Training
 Mondong                             •   SND Kick Off                              •   Jakarta, August 2, 2024        •   Internal Training
                 Training and
 (Vice                               •   VPD Workshop                              •   Jakarta, October 16, 2024      •   Internal Training
                 Workshop
 President                           •   SMR J7 certification                      •   Jakarta, October 1, 2024       •   IRPA & BSMR
 Director)                           •   Smr J7 Certification                      •   Jakarta, October 23, 2024      •   IRPA & BSMR
                                     •   Online APU PPT For Executives             •   Jakarta, November 5, 2024      •   Rinto Teguh
                                     •   Product Business Workshop                 •   Jakarta, December 11, 2024     •   Internal Training
                                     •   SME Plan Workshop                         •   Jakarta, January 25, 2024      •   Internal Training
                                     •   Kick Off Marathon Workshop                •   Jakarta, February 1, 2024      •   Internal Training
                                     •   IAI Membership Extension                  •   Jakarta, February 2, 2024      •   IAI
                                     •   Anti-Corruption & Anti-Fraud Training     •   Jakarta, July 19, 2024         •   AAFM
 Helmi
                 Training dan        •   SND Senior Leader Talk Workshop           •   Jakarta, July 19,2024          •   Internal Training
 Fahrudin
                 Workshop            •   SND Kick Off                              •   Jakarta, August 2, 2024        •   Internal Training
 (Director)
                                     •   VPD Workshop                              •   Jakarta, October 16, 2024      •   Internal Training
                                     •   SMR J7 Certification                      •   Jakarta, October 23, 2024      •   IRPA & BSMR
                                     •   Online APU PPT For Executive              •   Jakarta, November 5, 2024      •   Rinto Teguh
                                     •   Product Business Workshop                 •   Jakarta, December 11, 2024     •   Internal Training
                                     •   Anti-Corruption and Anti-Fraud Training   •   Jakarta, July 19, 2024         •   AAFM
 Dodi
                                     •   SMD Kick Off                              •   Jakarta, August 2, 2024        •   Internal Training
 Widjajanto      Training
                                     •   SMR J7 Certification                      •   Jakarta, October 23, 2024      •   IRPA & BSMR
 (Director)
                                     •   Online APU PPT For Executive              •   Jakarta, November 5, 2024      •   Rinto Teguh




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         Corporate Governance




  Name and        Education and
                                          Education and Training Materials                    Venue/Date                    Organizer
   Position       Training Types

                                     •   SME Plan Workshop
                                                                                    •   Jakarta, January 25, 2024     •   Internal Training
                                     •   BOD J7 Alignment
                                                                                    •   Jakarta, March 27, 2024       •   IRPA
                                     •   Anti-Corruption and Anti-Fraud Training
 Henry Sawali   Training and                                                        •   Jakarta, July 19, 2024        •   AAFM
                                     •   SND Kick Off
 (Director)     Workshop                                                            •   Jakarta, August 2, 2024       •   Internal Training
                                     •   Online APU PPT For Executive
                                                                                    •   Jakarta, November 5, 2024     •   Rinto Teguh
                                     •   Mitigation & Evaluation Workshop SAM
                                                                                    •   Jakarta, December 5, 2024     •   Internal Training
                                         IV SME
                                     •   SME Plan Workshop                          •   Jakarta, January 25, 2024     •   Internal Training
                                     •   Anti-Corruption and Anti-Fraud Training    •   Jakarta, July 19, 2024        •   AAFM
 Jung Ho Han    Training and
                                     •   SND Kick Off                               •   Jakarta, August 2, 2024       •   Internal Training
 (Director)     Workshop
                                     •   SMR J7 Certification                       •   October 29, 2024              •   IRPA & BSMR
                                     •   Online APU PPT For Executive               •   Jakarta, November 5, 2024     •   Rinto Teguh
 Jang Hyuk Im                        •   SMR J7 Certification                       •   Jakarta, August 1, 2024       •   IRPA & BSMR
                Training
 (Director)                          •   Treasury J7 Certification                  •   Jakarta, October 30, 2024     •   APUVINDO


Mechanism for Resignation and Dismissal of Directors
A member of the Board of Directors may resign by notifying the             people, then the resignation is valid if it has been determined
Bank of his intention in writing, with a copy to the Shareholders,         by the GMS and a new member of the Board of Directors has
Directors and other members of the Board of Commissioners                  been appointed so that it meets the minimum requirements
at least 30 (thirty) days before the date of his resignation. The          for the number of members of the Board of Directors;
Company must hold a General Meeting of Shareholders (GMS)               8. The terms of office of a member of the Board of Directors
within 90 (ninety) days after receiving the resignation letter of          ends if:
a member of the Board of Directors to follow up on the matter.             a. Resign;
Otherwise, the resignation will be considered valid without GMS            b. No longer meets applicable statutory requirements;
approval. Before the resignation becomes effective, the relevant           c. Pass away;
member of the Board of Directors is still obliged to complete              d. Dismissed based on GMS resolution.
his duties and responsibilities in accordance with the Articles of
Association. The mechanism is as follows:                               Directors' Performance Assessment
1. Proposals for dismissal and/or replacement of members of the
    Board of Directors will be decided at the GMS by taking into        Based on Law No. 40 of 2007 concerning Limited Liability
    account recommendations from the Board of Commissioners             Companies specifies that if the Board of Directors functions of 2
    or the committee carrying out the nomination function;              (two) or more Directors, the Directors' responsibilities apply jointly
2. The decision to dismiss a member of the Board of Directors           and severally. There are 2 (two) types of procedures for assessing
    is taken after the relevant member of the Board of Directors        the performance criteria of the Board of Directors as follows:
    is given the opportunity to defend himself at the GMS. Such
    dismissal takes effect from the closing of the GMS which            Performance Assessment by GMS
    decides the dismissal, unless another date of dismissal is
    determined by the GMS. Providing an opportunity to defend           Evaluation of the Board of Directors and each Member of the Board
    oneself is not necessary if the member of the Board of              of Directors is conducted annually by the Board of Commissioners
    Directors voluntarily resigns from his/her position and/or          as part of accountability. This evaluation includes the overall
    does not object to the dismissal;                                   performance results of the Board of Directors, both collegially and
3. Members of the Board of Directors whose term of office has           individually. The results of the evaluation will be submitted to
    ended may be reappointed for only 1 (one) term of office;           Shareholders at the General Meeting of Shareholders (GMS). This
4. A member of the Board of Directors has the right to resign           evaluation is one of the factors for consideration by shareholders
    from his position by notifying the Company in writing of his        in the decision to dismiss and/or reappoint members of the
    intention at least 30 (thirty) calendar days before the date        Board of Directors.
    of his resignation;
5. A member of the Board of Directors who resigns will only be          Implementation Procedures of Performance
    relieved of his responsibilities if the GMS releases him from       Assessments for the Board of Directors
    his responsibilities during his term of office;
6. The Company is obliged to hold a GMS no later than 90                Every year, members of the Board of Directors carry out a
    (ninety) days after receiving the resignation letter to decide      self-assessment to evaluate the performance of the Board of
    on the request for resignation of the member of the Board           Directors in a collegial manner. This aims to encourage positive
    of Directors;                                                       contributions from each member of the Board of Directors in
7. In the event that a member of the Board of Directors resigns         improving performance on an ongoing basis. Proposals for the
    resulting in the number of Directors being less than 2 (two)

Annual Report    2024                                                352                                            PT Bank KB Bukopin Tbk
Page 353
performance achievements of the Board of Directors are submitted      Director of Credit
by the Board of Commissioners and Directors at the General            1. Achieving targeted financial performance;
Meeting of Shareholders (GMS). The GMS provides exemption             2. Increasing credit growth through expansion of new debtors;
from responsibility to members of the Board of Directors for the      3. Improving asset quality and credit management effectiveness
management carried out during the previous fiscal year, unless            – Managing the ratio of non-performing loans and increasing
there are acts of embezzlement, fraud or other criminal acts which        collection effectiveness;
are reflected in the Annual Report and Financial Statements.          4. Implementing operational cost efficiency and asset
                                                                          optimization;
Board of Directors' Performance Evaluation Criteria                   5. Implementing strategic initiatives to support business growth
                                                                          and the Company’s competitiveness.
The performance assessment of the Directors is measured based
on the key performance indicators that have been determined           Director of Compliance and Risk
for each Director, namely:                                            1. Ensuring regulatory compliance and minimizing sanctions
                                                                          from regulators;
President Director                                                    2. Conducting legal cost efficiency and increasing successful
1. Achieving targeted financial performance;                              case resolution;
2. Conducting healthy credit expansion and maintain asset             3. Implementing strategic initiatives to support business growth
   quality;                                                               and corporate competitiveness;
3. Increasing low-cost funds to strengthen funding structures         4. Increasing the effectiveness of fraud control and prevention;
   and support sustainable business growth;                           5. Increasing the completeness of policies and procedures in
4. Ensuring adequate capital to support business expansion                supporting good risk governance.
   and maintain the bank's financial stability;
5. Implementing strategic initiatives to support business growth      Director of Strategy
   and the company's competitiveness;                                 1. Achieving targeted financial performance;
6. Managingand increasing the company's stock value;                  2. Expanding market share by increasing the number of active
7. Improving risk management and regulatory compliance.                   customers and new credit growth;
                                                                      3. Conducting healthy credit expansion and maintaining asset
Vice President Director                                                   quality;
1. Achieving targeted financial performance;                          4. Optimizing sales productivity to gain customer trust and
2. Expanding market share by increasing the number of active              loyalty;
    customers and new credit growth;                                  5. Implementing strategic initiatives to support business growth
3. Optimizing low-cost fund collection to strengthen funding              and company competitiveness.
    structure and support sustainable business growth;
4. Increasing operational cost efficiency and reducing Cost of        Director of Finance
    Fund to support profitability.                                    1. Achieving targeted financial performance;
5. Improving asset quality through healthy credit growth and          2. Conducting operational cost efficiency and asset optimization;
    decreasing Loan at Risk (LAR);                                    3. Ensuring adequate capital to support business expansion
6. Implementing strategic initiatives to support business growth          and maintaining the bank's financial stability;
    and the Company's competitiveness;                                4. Implementing strategic initiatives to support business growth
7. Improving risk management and regulatory compliance.                   and the Company's competitiveness.

Retail Business Director                                              Director of IT
1. Achieving targeted financial performance;                          1. Achieving targeted financial performance;
2. Expanding market share by increasing the number of active          2. Expanding market share by increasing the number of digital
   customers and new credit growth;                                       customers;
3. Optimizing low-cost fund collection to strengthen funding          3. Carrying out operational cost efficiency and improve asset
   structure and support sustainable business growth;                     quality;
4. Increasing operational cost efficiency to support profitability.   4. Increasing Information Technology support in services and
5. Improving asset quality through healthy credit growth and              operations to support business.
   decreasing in Loan at Risk (LAR);                                  5. Implementing strategic initiatives to support business growth
6. Implementing strategic initiatives to support business growth          and the Company's competitiveness.
   and the Company's competitiveness;
7. Improving risk management and regulatory compliance.




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         Corporate Governance



Director of Operations                                              Criteria for Adequacy of Governance Implementation
1. Achieving targeted financial performance;                        Criteria for Self Assessment of the Duties and Responsibilities
2. Carrying out operational cost efficiency and improving asset     Implementation of the Board of Directors are divided into
    quality;                                                        3 (three) aspects, namely Governance Structure, Governance
3. Increasing customer loyalty towards the Company's products;      Process, and Governance Outcome. Governance Structure consists
4. Increasing product effectiveness according to customer needs;    of 16 (sixteen) indicators, Governance Process consists of 14
5. Improving the quality of Human Resources and employee            (fourteen) indicators while Governance Outcome consists of 10
    engagement.                                                     (ten) indicators.

Director of SME Business                                            Parties Conducting the Assessment
1. Achieving targeted financial performance;                        The assessment is carried out by the Compliance, Policy & Good
2. Efficient operating costs and improving asset quality;           Corporate Governance Department as the work unit that carries
3. Expanding market share and increase customer loyalty towards     out assessments of GCG implementation factors in the Company.
    the Company's products;
4. Optimizing sales productivity to gain customer trust and         Performance Assessment of
    loyalty.                                                        Committees and Work Units
                                                                    under The Board of Directors
Parties Conducting the Assessment
                                                                    In carrying out its management duties, the Board of Directors
The performance assessment of the Board of Directors is carried     recognizes the importance of forming committees under it. The
out by the Board of Commissioners and Shareholders at the General   formation of these committees is adjusted to the Company's
Meeting of Shareholders (GMS), in accordance with the obligations   business needs and applicable regulatory provisions. The main
stipulated in applicable laws and the provisions contained in       purpose of forming these committees is to create effectiveness
the company's Articles of Association. This assessment process      and efficiency in company operations.
also follows the mandate given by Shareholders, which can be
manifested in the resolutions taken at the GMS. The Board of        These committees can cover various areas such as audit, risk,
Commissioners is responsible for ensuring that the performance      remuneration, nominations, and so on, depending on the needs
assessment of the Board of Directors is carried out objectively     and characteristics of the company. Each committee has specific
and transparently, in accordance with established standards.        responsibilities in accordance with its respective functions,
                                                                    such as supervising operational policies and practices, ensuring
Meanwhile, Shareholders have an important role in determining       compliance with regulations, or providing recommendations
company direction and policies, including evaluating the            regarding remuneration policies and appointment of members
performance of the Board of Directors in achieving company goals.   of the Board of Directors.
Thus, the Board of Directors performance assessment process
becomes an integral part of good corporate governance, which        In 2024, the Board of Directors assesses that the committees formed
aims to increase accountability, transparency and accountability    have carried out their duties and responsibilities effectively. This
at the highest leadership level.                                    evaluation includes an assessment of the performance of the
                                                                    committees in achieving their goals, as well as the effectiveness of
Self-Assessment of Duties and Responsibilities and                  work processes and their contribution to the overall performance
Adequacy of Board Governance Implementation                         of the company. Thus, the existence of these committees is
                                                                    expected to improve overall corporate governance and support
The performance assessment of the Board of Directors is also        the achievement of strategic business goals.
carried out using the self-assessment method in accordance with
SEOJK No. 13/SEOJK.03/2017 of 2017 concerning the Implementation    Risk Management Committee
of Governance for Commercial Banks.
                                                                    Optimal risk management is one of the key elements in maintaining
Self-Assessment Implementation Procedure                            the stability and sustainability of the Company's operations. To
                                                                    support this, KB Bank has a Risk Management Committee as part
Self-assessment is conducted in the period of June and              of an effort to ensure that any risks that arise can be identified,
December each year. The Bank conducts the assessment based          analyzed, and managed properly.
on the working paper in accordance with Attachment III of SEOJK
No. 13/SEOJK.03/2017 of 2017 concerning the Implementation          The Risk Management Committee plays an important role in
of Governance for Commercial Banks, indicators of the               developing and overseeing the implementation of a risk
Implementation of Duties and Responsibilities of the Board of       management system that is aligned with the company's business
Directors.                                                          strategy. Through a structured and integrated approach, the Risk
                                                                    Management Committee contributes to increasing the company's
                                                                    resilience to potential risks that can affect performance and the
                                                                    achievement of business goals.


Annual Report    2024                                           354                                           PT Bank KB Bukopin Tbk
Page 355
Throughout 2024, an evaluation of the performance of the Risk           Credit Restructuring Committee
Management Committee showed that the committee had carried
out its duties effectively. The Board of Directors assessed that the    Credit restructuring is a strategic step aimed at improving the
steps taken by the committee, from mapping to risk mitigation,          Company's credit portfolio and reducing the risk of non-performing
had a positive impact on maintaining business continuity. In            loans. In this process, the Credit Restructuring Committee has a
addition, the Risk Management Committee also ensures that risk          primary role in assessing, recommending, and deciding on credit
management policies remain relevant and able to adapt to the            restructuring in accordance with its authority.
dynamics of the business environment.
                                                                        The Credit Restructuring Committee is responsible for restructuring
ALCO Committee                                                          credit with quality 1 and 2 for debtors included in the monitoring
                                                                        category (watch list). In addition, the Credit Restructuring
Asset and liability management is a crucial aspect in maintaining       Committee also handles the restructuring and recovery efforts
the Bank's business balance and profitability. In this regard, the      of quality 3, 4, and 5 credits after restructuring. Decisions taken
ALCO Committee acts as a strategic decision maker that considers        by the Credit Restructuring Committee are based on an in-depth
business growth and operational sustainability. Throughout              analysis of the debtor's financial condition and its potential impact
2024, the meetings and policies set by ALCO were considered             on the Company.
effective by the Board of Directors. This reflects strict supervision
of the financial portfolio and an adaptive response to changing         Throughout 2024, the Board of Directors assessed that the Credit
market conditions. ALCO decisions contribute significantly to risk      Restructuring Committee had carried out its duties optimally. Every
management and the achievement of long-term financial targets.          decision made has contributed significantly to reducing credit
Thus, the role of ALCO is key in ensuring the Bank's business           risk and maintaining the company's financial stability. With its
stability and growth in a sustainable manner.                           strategic role, this committee plays an important role in ensuring
                                                                        healthy and sustainable credit management.
Information Technology Steering Committee
                                                                        Non-Performing Loans Settlement Committee
In the Company's ecosystem that is increasingly dependent on
technology, information technology management must be carried           In managing non-performing loans, an effective mechanism is
out in a focused and strategic manner. To that end, the Information     needed to ensure that every decision taken can minimize the risk
Technology Steering Committee acts as the main entity that              for the Bank. The Non-Performing Loan Settlement Committee
provides direction and recommendations to the Board of Directors        plays a crucial role in handling loans with an unusual status
and Board of Commissioners in overseeing the implementation             ranging from substandard to non-performing, including through
and readiness of information technology infrastructure.                 steps such as collateral takeover (AYDA), write-offs of books, and
                                                                        write-offs of bills.
The Information Technology Steering Committee is responsible for
reviewing information technology needs, formulating strategies          As part of the settlement process, the Non-Performing Loans
that are in line with the company's interests, and ensuring             Settlement Committee is responsible for analyzing the financial
compliance with IT security policies and standards. During 2024,        condition of the debtor, assessing collateral, and considering
the Information Technology Steering Committee carried out its           existing risks before recommending or determining a final
duties in accordance with the established work plan. Its success        decision. Throughout 2024, the Board of Directors assessed that
in supporting the implementation of information technology in           the Non-Performing Loans Settlement Committee had carried
the company reflects a commitment to efficiency, security, and          out its duties well, based on the reports and recommendations
relevance of IT infrastructure to business needs.                       provided. This evaluation ensures that the credit settlement policy
                                                                        has a positive impact on the Bank's financial stability. With its
Thus, the existence of this Committee plays a crucial role in           strategic role, the Non-Performing Loans Settlement Committee
ensuring that information technology becomes the main driving           is a key element in maintaining the quality of the credit portfolio
force for achieving the Company's vision and goals.                     and supporting the bank's financial health.




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         Corporate Governance




DIVERSITY POLICY FOR THE BOARD OF
COMMISSIONERS AND DIRECTORS

Public Company Governance Guidelines from the Financial Services Authority in the Attachment to the Financial Services Authority
Circular Letter No. 32/ SEOJK.04/2015 concerning Public Company Governance Guidelines emphasizes the importance of diversity in
the composition of members of the Board of Commissioners and Directors.

The diversity in an organization does not only include individual differences, but also includes the management of structures that
support optimal performance. In this case, the appointment of members of the Board of Commissioners and Board of Directors must
be carried out by considering relevant expertise and experience. The right selection will ensure that each member can carry out their
duties and responsibilities effectively, so that they can support the achievement of the Company's overall goals.

The diversity of the composition of the Board of Commissioners and Board of Directors is explained in the following table:
                                              Age
    Name           Position      Gender      (Years         Education                     Work Experience                       Expertise
                                              old)
 Board of Commissioners

                                                                             •   Assistant to the Special Staff of the
                                                                                 President of the Republic of Indonesia
                                                                                 for Economic Affairs (2019-present)
                                                                             •   Head of the Professional Certification
                                                                                 Institute (LSP) for Governance, Risk, and
                                                                                 Compliance (TRK) (2021-present)
                                                                             •   Supervisory Commissioner of LSP-BSMR,
                                                                                 Professional Certification Institute (LSP)
                                                                                 Risk Management Certification Agency
                                                                                 (BSMR) (2021-2022)
                                                                             •   Risk Policy Committee/Risk Monitoring
                                                                                 Committee, PT. Asuransi Jasa Indonesia
                                                                                 (Persero) (2019-2021)
                                                      Doctor of Philosophy                                                    GRC Specialist
                                                                             •   Chief & Senior Consultant PT. Strategic
                President                             at the Australian                                                       for Banking
 Jerry Marmen                  Male         59                                   Development Group (2018-2021)
                Commissioner                          National University                                                     & Financial
                                                                             •   President Commissioner of PT Proteksi
                                                      (2012)                                                                  Institutions
                                                                                 Antar Nusa (Insurance Brokerage) (2018-
                                                                                 2021)
                                                                             •   President Commissioner of PT Proteksi
                                                                                 Antar Nusa (Insurance Brokerage) (2012-
                                                                                 2018)
                                                                             •   Director of Planning and Risk
                                                                                 Management of PT Informasi Kredit
                                                                                 Indonesia (2014-2019)
                                                                             •   President Director of PT Risk Frontier
                                                                                 (2012-2021)
                                                                             •   Vice Rector of Perbanas School of
                                                                                 Economics (PERBANAS Institute) (2000-
                                                                                 2003)

                                                                             •   Global Growth Supporting Division Head
                                                                                 (Managing Director) (2024-present)
                                                      Master of
                                                                             •   General Manager, KB Financial Group
                Deputy                                Administration in
 Seng Hyup                                                                       (2018- 2020)
                President      Male         54        Administration,                                                         Finance
 Shin                                                                        •   Senior Deputy General Manager, KB
                Commissioner                          KyungPook National
                                                                                 Financial Group (2017)
                                                      University (1997
                                                                             •   Team Manager, KB Financial Group
                                                                                 (2014-2016)




Annual Report    2024                                          356                                               PT Bank KB Bukopin Tbk
Page 357
                                           Age
    Name          Position      Gender    (Years        Education                      Work Experience                    Expertise
                                           old)
                                                                          •   Deputy Chief Executive Officer PT
                                                                              Bosowa Property Group (2017-2022)
                                                                          •   Internal Audit Director Bosowa Group
                                                   Master of Business
                                                                              (2013-2022)
                                                   Administration in
                                                                          •   President Director PT Bosowa Beton
Nanang                                             Economics and
                Commissioner   Male      55                                   Indonesia (2015-2018)                     Finance
Supriyatno                                         Business from Gadjah
                                                                          •   Risk Management Director PT Semen
                                                   Mada University
                                                                              Bosowa Maros (2015-2017)
                                                   (2023)
                                                                          •   Recovery and Restructuring of problem
                                                                              loans PT Bank Mandiri (Persero) Tbk
                                                                              (1994-2013)
                                                                          •   Member of the Audit Board, Financial
                                                                              Services Authority (2023-Present)
                                                                          •   Independent Audit Committee,
                                                                              American International Assurance (AIA)
                                                                              Financial (2019-Present)
                                                                          •   Chief GRC, Fazz Financial Group (2019-
                                                                              2022)
                                                                          •   Executive Director- Country Risk
                                                                              Management Head, UOB Indonesia
                                                   Bachelor of                (2013-2016)
                                                   Economics from         •   SVP Global Consumer Group, Citibank
                Independent                                                                                             Risk
Tippy Joesoef                  Male      60        Bandung College of         NA (2013)
                Commissioner                                                                                            Management
                                                   Economics (STIEB)      •   SVP Risk Management, Bank Danamon
                                                   (1990)                     (2011-2012)
                                                                          •   Head of Country Operational Risk
                                                                              Management, Basel 2 and Enterprise
                                                                              Risk Management – ​​Maybank (2005-
                                                                              2011)
                                                                          •   Head of Compliance for Consumer &
                                                                              Commercial Banking, ABN AMRO Bank
                                                                              (1999-2005)
                                                                          •   Credit Operations Manager, Standard
                                                                              Chartered Bank (1991-1999)
                                                                          •   Member of Board of Directors Korean
                                                                              Association of Indonesia (2020-present)
                                                                          •   President Director LEENOH Consulting
                                                                              Indonesia (2019-present)
                                                   Master of Laws from
                Independent                                               •   Foreign Lawyer MR&Partners Law Firm
Hae Wang Lee                   Male      56        Yonsei University                                                    Legal
                Commissioner                                                  at Jakarta (2015-2019)
                                                   (1998)
                                                                          •   Lawyer at APEX LLC Head of Jakarta
                                                                              Apex Office (2011-2014)
                                                                          •   Lawyer at Law Firm C&K, LEX, APEX
                                                                              (2006-2011)
                                                                          •   President Commissioner, PT Sol Mitra
                                                                              Fintec (2016-2021)
                                                                          •   President Commissioner, PT Prismalink
                                                                              International (2014-2021)
                                                   Masters in             •   Independent Commissioner of PT.
                                                   International              KiosOn Commercial Indonesia, February
Stephen         Independent                        Marketing, IPMI            (2018 - 2019)
                               Male      60                                                                             Finance
Liestyo         Commissioner                       International          •   President Commissioner of PT Wahana
                                                   Business School,           Ottomitra Multiartha (WOM Finance),
                                                   Jakarta (2002)             (2010 - 2015)
                                                                          •   Director of Consumer Banking, PT Bank
                                                                              Maybank Indonesia Tbk (2009-2013)
                                                                          •   Commissioner of BCA Finance (2000-
                                                                              2009)




Annual Report    2024                                       357                                             PT Bank KB Bukopin Tbk
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           Corporate Governance



                                             Age
    Name             Position     Gender    (Years        Education                        Work Experience                     Expertise
                                             old)
Board of Directors


                                                     •   Master of
                                                         International        •   Senior Executive Vice President & Chief
                                                         Economics from           Strategy Officer KB Financial Group
                                                         Korea University         (2022)
                                                         (1990)               •   Senior Executive Vice President & Chief
                President
Woo Yeul Lee                     Male      60        •   Bachelor Degree          Human Resource Officer KB Financial        Finance
                Director
                                                         in Agricultural          Group (2021)
                                                         Economics from       •   Senior Executive Vice President & Chief
                                                         Korea University         Information Technology Officer KB
                                                         (1998)                   Financial Group (2020)



                                                     •   MBA Degree
                                                         in Marketing,
                                                         Woodbury
                                                         University           •   SEVP Head of Sales and Distribution PT
                                                         Burbank CA USA           Bank CIMB Niaga Tbk (2019 – 2021)
Robby           Vice President                           (1993)               •   EVP Head of Sales and Distribution PT
                                 Male      56                                                                                Finance
Mondong         Director                             •   Degree in                Bank CIMB Niaga Tbk (2015 – 2019)
                                                         Finance and          •   SVP Head of Sales and Distribution PT
                                                         Banking, National        Bank CIMB Niaga Tbk (2013 – 2015)
                                                         University San
                                                         Diego CA USA
                                                         (1992)
                                                     •   Bachelor in
                                                         Accounting
                                                                              •   Head of SKAI (Executive Officer) PT Bank
                                                         Economics,
                                                                                  Bukopin Tbk (2019-2020)
                                                         Indonesian
                                                                              •   Head of Corporate Strategic Planning
Helmi                                                    Christian
                Director         Male      49                                     Division (Executive Officer) PT Bank       Finance
Fahrudin                                                 University, (2003)
                                                                                  Bukopin Tbk, (2018-2019)
                                                     •   Diploma (D-3)
                                                                              •   Member of the Supervisory Board, Bank
                                                         in Accounting
                                                                                  Bukopin Pension Fund (2016-2020)
                                                         Economics, STIE
                                                         Yogyakarta, (1997)


                                                     •   Master of
                                                                            •     Head of Regional Office, PT Bank Negara
                                                         Management in
                                                                                  Indonesia (Persero) Tbk Bandung
                                                         Agribusiness,
                                                                                  Regional Office (2020)
                                                         Bogor Agricultural
                                                                            •     Head of Regional Office, PT Bank Negara
                                                         University, (2002)
Dodi                                                                              Indonesia (Persero) Tbk Palembang
                Director         Male      58        •   Bachelor of                                                         Finance
Widjajanto                                                                        Regional Office (2018-2020)
                                                         Economics and
                                                                            •     General Manager of Hong Kong Branch
                                                         Development
                                                                                  Office, PT Bank Negara Indonesia
                                                         Studies, Sebelas
                                                                                  (Persero) Tbk Hong Kong Branch Office
                                                         Maret University,
                                                                                  (2016-2018)
                                                         (1990)


                                                     •   Masters Degree
                                                         in Business
                                                                              •   Head of Commercial and MSME Banking
                                                         Administration,
                                                                                  Credit PT Bank CIMB Niaga Tbk (2017-
                                                         National
                                                                                  2022)
                                                         University of San
                                                                              •   Senior Manager – SCO for Indonesia PT
Henry Sawali    Director         Male      56            Diego USA (1992)                                                    Finance
                                                                                  Bank ANZ Indonesia (2016-2017)
                                                     •   Bachelor Degree
                                                                              •   Senior Vice President – Head of
                                                         in Finance,
                                                                                  Corporate Credit Risk, PT Bank OCBC
                                                         California State
                                                                                  NISP Tbk (2010-2016)
                                                         University –
                                                         Fresno (1986)




Annual Report    2024                                         358                                               PT Bank KB Bukopin Tbk
Page 359
                                          Age
    Name           Position    Gender    (Years        Education                       Work Experience                      Expertise
                                          old)
                                                  •   Master of Science
                                                      Management
                                                      Engineering,        •   Chief Financial Officer/General Manager,
                                                      Korea Advanced          KB Securities Co., Ltd. (2017-2022)
                                                      Institute of        •   Associate/Team Manager/Senior Deputy
                                                      Science and             General Manager, KB Financial Group
Jung Ho Han     Director      Male      53                                                                                Management
                                                      Technology (2002)       Inc. (2008-2017)
                                                  •   Bachelor Degree     •   Associate of Strategic Planning
                                                      in Business             Department / Branch, KB Kookmin Bank
                                                      Administration,         (1999-2006)
                                                      University of
                                                      Korea (1999)
                                                                          •   Director, Investment Banking Group, KB
                                                  •   Master of
                                                                              Securities Co., Ltd (2021-2023)
                                                      Business
                                                                          •   Financial Planning Team Manager, KB
                                                      Administration,
                                                                              Finansial Holdings (2019-2021)
                                                      Korea Advanced
                                                                          •   Financial Pelanning Associate, KB
                                                      Institute of
                                                                              Finansial Holdings (2017-2019)
                                                      Science and
                                                                          •   Senior Vice President, Strategic Planning
Jang Hyuk Im    Director      Male      49            Technology (2002)                                                   FInancial
                                                                              Department, Hyundai Securities (2014-
                                                  •   Bachelor Degree
                                                                              2016)
                                                      in Electrical
                                                                          •   Senior Vice President, Strategic Planning
                                                      & Computer
                                                                              Office, Hyundai Group HQ, (2011-2014)
                                                      Engineering, Inha
                                                                          •   Vice President, Strategic Planning
                                                      University, Korea
                                                                              Department, Hyundai Securities (2001-
                                                      (2002)
                                                                              2011)




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           Corporate Governance




REMUNERATION POLICY FOR THE BOARD
OF COMMISSIONERS AND DIRECTORS

Remuneration for the Company's Board of Commissioners and Directors is based on the provisions contained in OJK Regulation No.
45/POJK.03/2015 on the Implementation of Governance in Providing Remuneration for Commercial Banks, as well as Financial Services
Authority Circular Letter No. 40/ SEOJK.03/2016 on the Implementation of Governance in Providing Remuneration for Commercial
Banks. Apart from that, decisions regarding remuneration are also discussed and agreed upon at the Annual General Meeting of
Shareholders (GMS). Reviews of the remuneration and worker welfare systems are carried out regularly and continuously. The factors
considered in the assessment include:
1. Bank Financial Performance;
2. Worker competency and performance;
3. Remuneration practices applicable in the market.

KB Bank emphasizes its commitment to implementing a competitive, fair and balanced remuneration system for all workers. This bank
ensures that no workers receive compensation under the provisions set by the Government. In addition, KB Bank periodically reviews
and updates its remuneration policy so that it is in line with industry developments and the company's business strategy. This is done
to ensure that the remuneration system remains relevant and complies with applicable banking regulations.

Remuneration of The Board of Commissioners
The amount of remuneration and other facilities provided to the Board of Commissioners will be determined at the Annual GMS by
Shareholders taking into account recommendations from the Remuneration and Nomination Committee.

Procedure for Determining Remuneration for The Board of Commissioners
The procedure for determining the remuneration of the Company's Board of Commissioners is as follows:
1. Shareholders hold discussions at the GMS;
2. The GMS gives authority and power to the Board of Commissioners to determine the amount of remuneration;
3. The Remuneration and Nomination Committee conducts studies and evaluations to determine remuneration for the Board of
   Commissioners;
4. The Remuneration and Nomination Committee provides recommendations to the Board of Commissioners;
5. The Board of Commissioners discusses the recommendations of the Remuneration and Nomination Committee and then proposes
   them by letter to the Controlling Shareholders;
6. Letter of Determination by the Controlling Shareholder to the Board of Commissioners;
7. Letter from the Board of Commissioners to the Board of Directors regarding Determination of Remuneration for the Board of
   Commissioners and Directors.

Indicators for Determining Remuneration for The Board of Commissioners

The indicators used in determining the Remuneration of members of the Board of Commissioners are as follows:
1. Remuneration that applies to the banking industry and the business scale of KB Bank in the banking industry;
2. The duties, responsibilities and authorities of members of the Board of Directors and/or members of the Board of Commissioners
   are related to achieving the objectives and performance of KB Bank;
3. Performance targets or performance of each member of the Board of Directors and/or members of the Board of Commissioners;
4. Balance of allowances between fixed and variable benefits.


                         Remuneration Policy for the Board of Commissioners and Board of Directors

     No.          Remuneration/Facility Type                                             Description

                                                      In accordance with the provisions of the Board of Commissioners' Honorarium Scale
 1         Honorarium                                 after obtaining approval from the General Meeting of Shareholders or determined by
                                                      the Board of Commissioners




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Page 361
                         Remuneration Policy for the Board of Commissioners and Board of Directors

 No.              Remuneration/Facility Type                                             Description

        Allowance                                    Provided in accordance with the following internal provisions:
        Housing & Utilities Allowance                • For the Board of Commissioners, refer to the Board of Commissioners Decree No.
        Vehicle Allowance                                SKEP/016-DKOM/XI/2021 concerning Refinement of Remuneration Policy in the
2       Religious Holiday allowance                      Form of Honorarium and other Benefits for the Board of Commissioners.
        Health care benefits                         • For the Board of Directors, refer to the Decree of the Board of Commissioners No.
        Glasses Reimbursement                            SKEP/001-DKOM/II/2023 concerning Refinement of Remuneration Policy in the
        Educational Aid                                  Form of Honorarium, Variable Remuneration and other Benefits for Directors.

        Facilities                                   Provided in accordance with the following internal provisions:
        Telephone Credit Facility                    • For the Board of Commissioners, refer to the Board of Commissioners Decree No.
        Mobile Telephone Facility                        SKEP/001-DKOM/II/2021 concerning Refinement of Remuneration Policy in the
3       Business Travel Pocket Money                     Form of Honorarium and other Benefits for the Board of Commissioners.
        Life insurance                               • For the Board of Directors, refer to the Decree of the Board of Commissioners No.
        Post-Employment Insurance                        SKEP/001-DKOM/II/2023 concerning Refinement of Remuneration Policy in the
        Legal Aid                                        Form of Honorarium, Variable Remuneration and other Benefits for Directors

4       Tantiem/Bonuses/Incentives                   In accordance with the GMS Resolutions

                                                     Provided in accordance with the following internal provisions:
                                                     • For the Board of Commissioners, refer to the Board of Commissioners Decree No.
                                                         SKEP/001-DKOM/II/2021 concerning Refinement of Remuneration Policy in the
5       Appreciation for completion of work period       Form of Honorarium and other Benefits for the Board of Commissioners.
                                                     • For the Board of Directors, refer to the Decree of the Board of Commissioners No.
                                                         SKEP/001-DKOM/II/2023 concerning Refinement of Remuneration Policy in the
                                                         Form of Honorarium, Variable Remuneration and other Benefits for Directors.


Nominal/Remuneration Components for each Board of Commissioners

                                                                                              Amount Received in 1 Year
                Amount of Remuneration and Other Facilities
                                                                                  People                    Amount (in IDR)

Honorarium                                                                           7                                        7,575,468,728
Allowance
Housing & Utilities Allowance                                                        7                                        1,515,093,750
Vehicle Allowance                                                                    7                                        1,136,320,298
Religious Holiday allowance                                                          6                                          861,904,730
Health care benefits                                                                 6                                          225,786,958
Glasses Reimbursement                                                                2                                            5,000,000
Educational Aid                                                                      7                                           731,299,188
Facilities
Telephone Credit Facility                                                            7                                            97,988,188
Mobile Telephone Facility                                                            2                                           24,000,000
Business Travel Pocket Money                                                         4                                           43,565,300
Life insurance                                                                       0                                                     0
Post-Employment Insurance                                                            2                                        1,152,000,000
Legal Aid                                                                            0                                                     0
Tantiem/Bonuses/Incentives                                                           0                                                    0
Appreciation for completion of work period                                           0                                                    0
Total                                                                                                                      13,368,427,140

                          Group Table for the Remuneration Amount for the Board of Commissioners
                         Total Remuneration                                        Number of the Board of Commissioners
Above IDR 2 Billion                                                                                    1
Above IDR 1 Billion-IDR 2 Billion                                                                      5
Above IDR 500 Million-IDR 1 Billion                                                                    1
IDR 500 Million and below                                                                              0




Annual Report     2024                                         361                                             PT Bank KB Bukopin Tbk
Page 362
          Corporate Governance



Stock Options for The Board of Commissioners                        Nominal Amount/Components of Directors'
                                                                    Remuneration
In accordance with the General Meeting of Shareholders on April
20, 2005, shareholders approved the issuance of option shares for   OJK Regulation No. 45/P0JK.03/2015 and Financial Services Authority
members of the Board of Commissioners, Directors and employees      Circular No. 40/SEOJK.03/2016 provides guidelines for providing
of the Company who meet the requirements. However, in 2024,         remuneration to the Board of Commissioners and Directors of
the Company will not have a stock option program.                   Commercial Banks. Disclosure of remuneration components is an
                                                                    important part of transparency and accountability in corporate
Remuneration of Directors                                           governance.

Procedure for Determining Directors' Remuneration                   The remuneration components for the Board of Commissioners
                                                                    can consist of various elements, including basic salary, incentives,
The amount of remuneration for the Board of Directors is            allowances and other facilities. The nominal amount or amount
determined by taking into account the GMS resolutions and           of this remuneration component is usually adjusted to the
applicable regulations. The Company will pay attention to           responsibilities and contributions of each member of the Board
profit achievement targets, the ability to maintain continuity      of Commissioners, as well as the company's financial condition
and business development carried out in accordance with the         and performance.
results of the analysis and recommendations of the Remuneration
and Nomination Committee. The Remuneration and Nomination           Details of the remuneration components are usually disclosed in
Committee then proposes to the Board of Commissioners to then       the company's annual report or sustainability report. This aims
be proposed at the GMS.                                             to provide clear and transparent information to stakeholders
                                                                    regarding remuneration management in the company, as well as
Indicators for Determining Directors' Remuneration                  to ensure that the process of providing remuneration is carried
                                                                    out in accordance with statutory provisions and good governance
The indicators used in determining the Remuneration of members      principles.
of the Board of Commissioners are as follows:
1. Key Performance Indicator (KPI) or results of the performance
    and achievement assessment of the Board of Commissioners;
2. The Company's financial performance and capabilities;
3. Business development banks;
4. Comparative results of banking industry remuneration;
5. Consideration of the Company's long-term targets and
    strategies.

The nominal amount/components of the Directors' remuneration are as follows:
                                                                                           Amount Received in 1 Year
              Amount of Remuneration and Other Facilities
                                                                               People                     Amount (in IDR)
 Honorarium                                                                       8                                      19,188,666,667
                                                                                  0                                                   0
 Allowance                                                                        8                                       3,837,733,333
 Housing & Utilities Allowance                                                    7                                      2,028,300,000
 Vehicle Allowance                                                                7                                         541,384,975
 Religious Holiday allowance                                                      5                                         15,000,000
 Health care benefits                                                             8                                      1,900,250,000
 Glasses Reimbursement                                                            7                                      1,695,250,000
 Educational Aid                                                                  8                                       5,372,826,667
                                                                                  0                                                   0


 Facilities                                                                       0                                                     0
 Telephone Credit Facility                                                        2                                            24,000,000
 Mobile Telephone Facility                                                        0                                                     0
 Business Travel Pocket Money                                                     3                                         1,091,296,190
 Life insurance                                                                   -                                                     -
 Post-Employment Insurance                                                        -                                                     -
 Legal Aid                                                                        -                                                     -
                                                                                  2                                         1,152,000,000
 Tantiem/Bonuses/Incentives                                                       6                                         8,997,787,608
 Appreciation for completion of work period                                       2                                       2,615,000,000

 Total                                                                                                                 48,459,495,440


Annual Report     2024                                          362                                           PT Bank KB Bukopin Tbk
Page 363
                               Group Table for the Remuneration Amount for the Board of Directors
                             Total Remuneration                                                 Number of the Board of Commissioners
 Above IDR 2 Billion                                                                                                7
 Above IDR 1 Billion-IDR 2 Billion                                                                                  1
 Above IDR 500 Million-IDR 1 Billion                                                                               0
 IDR 500 Million and below                                                                                         0


Board of Directors Succession Policy
KB Bank has implemented a continuous employee development program to prepare for future leadership regeneration. This program
targets potential employees included in the Talent Pool, providing them with the opportunity to participate in training or activities
related to management, business strategy, strategic planning, risk analysis and business potential, operational and financial performance
analysis, and other similar programs.

With this program, the Bank has internal reserves that may be considered as candidates for members of the Board of Directors if
needed, in accordance with the recommendations of the Remuneration and Nomination Committee. The nomination process is carried
out transparently and in accordance with the conditions and needs of the Bank, and based on applicable laws and regulations.

In addition to internal candidates, the Bank may also consider qualified external candidates, such as those obtained through references
from Shareholders or Bank Management, or through cooperation with other third parties. This is regulated in the Decree of the Board
of Commissioners No. 002 of 2019 concerning Nomination Guidelines, thus allowing the Bank to have various options in selecting the
best candidates for members of the Board of Directors.

Ratio of the Highest and Lowest Salary

                                                 Description                                                            2024                  2023
 Highest and lowest employee salaries                                                                                           77:1                   68:1
 Highest and lowest Directors' salaries                                                                                     1.68:1                   1.69:1
 Highest and lowest Commissioners salaries                                                                                  1.39:1                   1.39:1
 Highest salaries for Directors and employees                                                                               1.46:1                   1.46:1


Variable Remuneration for Employees
                                                                        Amount Received by Employees in 1 year

      Variable Remuneration                                     2024                                                     2023

                                                 People                  IDR (million)                   People                        IDR (million)

 Total                                                      2,436              26,135,613,636                       2,340                11,680,412,056


Deferred Variable Remuneration
The total deferred variable remuneration, consisting of payments in cash and/or shares or share-based instruments issued by KB
Bank, and will be applied to payments in 2024, is as follows:


   Remuneration Type                   Amount (in IDR or % of Variable Remuneration)                              Payment Scheme

 Deferred Cash                   1,328,581,760(10% of Variable Remuneration)                      Paid in 3 installments over 3 years (2025 – 2027)
 KB Bank Shares                  33,758,906 shares (20% of Variable Remuneration)                 Paid in 3 installments over 3 years (2025 – 2027)




Annual Report      2024                                                363                                                  PT Bank KB Bukopin Tbk
Page 364
          Corporate Governance




Total Compensation Given to Employees Affected by
Termination of Employment and Total Nominal Paid

                       Nominal amount of compensation paid   2024         2023

IDR Billion                                                     12,61            22,62
Number of People                                                    55            490




Annual Report   2024                               364         PT Bank KB Bukopin Tbk
Page 365
                                                              MEETING OF THE BOARD OF
                                                          COMMISSIONERS AND DIRECTORS

The implementation of Board of Commissioners meetings refers to Financial Services Authority Regulation No. 33/POJK.04/2014 dated
December 8, 2014 concerning the Board of Directors and Board of Commissioners of Issuers or Public Companies and the Company's
Articles of Association, which are again confirmed in the Guidelines and Work Rules for the Board of Commissioners and Directors.

Board of Commissioners Meeting
Board of Commissioners Work Guidelines and Regulations No. 015 of 2019, regulates the provisions for meetings of the Board of
Commissioners and meetings of the Board of Commissioners with the Board of Directors, including as follows:
1. Every policy and strategic decision must be decided at a meeting of the Board of Commissioners with due observation of the
   prevailing regulations;
2. The Board of Commissioners must hold regular meetings at least 1 (one) time in 2 (two) months, or the Board of Commissioners
   meeting can be held at any time if deemed necessary by the President Commissioner or 2 (two) or more members of the Board
   of Commissioners or by the Board of Directors;
3. In addition, the Board of Directors together with the Board of Commissioners shall periodically hold joint meetings at least 1 (one)
   time in 4 (four) months;
4. The Meeting of the Board of Commissioners must be attended physically by all members of the Board of Commissioners at least
   2 (two) times a year;
5. The summons for a meeting of the Board of Commissioners shall be made in writing by the President Commissioner or one of
   the members of the Board of Commissioners through the Secretary of the Board of Commissioners by stating the agenda, date,
   time and place of the meeting;
6. The decision of the Board of Commissioners meeting shall be taken based on deliberation for consensus. In the event that a
   decision based on deliberation for consensus is not reached then the decision is taken by a vote based on a vote agreeing more
   than ½ (half) part of the number of members of the Board of Commissioners present;
7. The results of the meeting of the Board of Commissioners including the joint meeting of the Board of Commissioners and Board of
   Directors shall be set forth in the minutes of the meeting, signed by all members of the Board of Commissioners and/or Directors
   present and delivered to all members of the Board of Commissioners and/or Board of Directors;
8. All decisions of the Board of Commissioners are binding on all members of the Board of Commissioners. Dissenting opinions that
   occur in the meeting of the Board of Commissioners must be clearly stated in the minutes of the meeting along with the reasons
   for the dissent;
9. Minutes of meetings of the Board of Commissioners are recorded and documented by the Secretary of the Board of Commissioners
   and/or the Corporate Secretary.

Internal Meeting of The Board of Commissioners
Throughout 2024, the KB Bank Board of Commissioners has held 15 (fifteen) internal meetings. The average attendance rate of members
of the Board of Commissioners in these meetings reached 90%. The details of the meeting agenda are as follows:


     No.         Date                                                     Agenda                                              Meeting Participant
                               •   Approval of the Remuneration and Nomination Committee Recommendation regarding
 1         January 15, 2024        the Deputy President Commissioner Candidate                                                  12 Participants
                               •   Approval of the Finance Director's Retirement Package
                               Approval of Remuneration and Nomination Committee Recommendation for Finance
 2         January 22, 2024                                                                                                     14 Participants
                               Director Retirement Package
                               •   Approval of Extension of Credit Facility of PT KB Finansia Multifinance
 3         February 1, 2024                                                                                                     20 Participants
                               •   Approval of Extension of Credit Facility of PT KB Valbury Sekuritas.
 4         February 22, 2024   Discussion of Approval of Revised Bank Business Plan (RBB) 2024-2026                             20 Participants
 5         April 1, 2024       Discussion of Plan to Terminate PWC Audit Services Contract and Appointment of New KAP           16 Participants
 6         April 12, 2024      Approval of Appointment of New KAP                                                               20 Participants
                               •   Approval of Changes to the Write-Off of Book and Write-Off of Bills Policy of PT Bank KB
                                   Bukopin Tbk.
 7         May 17, 2024                                                                                                         24 Participants
                               •   Discussion of Consumer Protection of Bank KB
                               •   Discussion of Customer Complaints Service of Bank KB

Annual Report        2024                                               365                                               PT Bank KB Bukopin Tbk
Page 366
            Corporate Governance




     No.         Date                                                    Agenda                                               Meeting Participant
                               •   Discussion of BOD and BOC Contract Evaluation
                               •   Discussion of BOD and BOC Retirement Packages
                               •   Discussion of BOD and BOC Remuneration Budget 2024
                               •   Discussion of Changes in Foreign Worker Remuneration
 8         June 20, 2024       •   Approval of the Revised Bank Business Plan for 2024-2026                                      24 Participants
                               •   Discussion of Realization of PT Bank KB Bukopin Tbk's Financial Performance in May
                                   2024
                               •   Discussion of Update on Completion of the NGBS Project
                               •   Discussion of Update on the Settlement of the Inter-Office Account (RAK) Hacking Case
 9         August 22, 2024     Loan Extension Approval of PT Sunindo Kookmin Best Finance (SKBF)                                  17 Participants
           September 19,
 10                            Approval of New Credit Facility to PT KB Bukopin Finance                                          18 Participants
           2024
 11        October 24, 2024    Approval of Changes to PT Bank KB Bukopin Tbk's Outsourcing Management Policy                     14 Participants
           November 19,        •   Request for Approval for AML, PPT, and CPF Policy Updates
 12                                                                                                                              16 Participants
           2024                •   Discussion of AML, CFT, and CPF Implementation Activity Reports
           November 21,        •   Request for Approval in Principle and Additional Costs to Continue the SHINE Project
 13                                                                                                                              37 Participants
           2024                •   Discussion of SHINE Project Progress Update and Implementation Plan
           November 28,        Discussion on Roles and Responsibilities Adjustment of the Board of Directors Based on the
 14                                                                                                                              40 Participants
           2024                Development of the New Organizational Structure
           December 12,        Adjustment Approval for Director Duties and Responsibilities in Connection with
 15                                                                                                                              18 Participants
           2024                Development of New Organizational Structure



Joint Meeting
Throughout 2024, the KB Bank Board of Commissioners has held meetings by inviting the Board of Directors 6 (six) times. The details
of the meeting agenda are as follows:


     No.              Date                                               Agenda                                           Meeting Participant
 1         January 22, 2024             Report on the Implementation of the EGMS Approval of the Meeting Chair               26 Participants
                                        •   Report and Discussion of Company Performance Realization for
                                            Quarter 4 of 2023
 2         January 24, 2024             •   Report and Discussion of Risk Base Bank Rating (RBBR) Semester II                23 Participants
                                            2023
                                        •   Report and Discussion of Rebranding Project
                                        Discussion of Company Performance Realization for the First Quarter of
 3         April 25, 2024                                                                                                    32 Participants
                                        2024
                                        Approval of Appointment of Chairman of the 2024 Annual General
 4         June 24, 2024                                                                                                     25 Participants
                                        Meeting of Shareholders
                                        •   Determination of Company KPI Target Setting
                                        •   Approval of Master Contractor Replacement and Extension of SHINE
 5         July 31, 2024                    Project Time                                                                     33 Participants
                                        •   Realization of Company Performance June 2024 & RBBR Semester I
                                            2024
                                        •   Application for Approval of PT Bank KB Bukopin Tbk RBB 2025-2027
 6         November 28, 2024            •   Application for Approval of KB Bank's Recovery Plan and Resolution               40 Participants
                                            Plan


Frequency of Meetings and Attendance Level of The Board of Commissioners in 2024
The Board of Commissioners Meetings during 2024 were held 15 (fifteen) times. Meanwhile, Joint Meetings of the Board of Commissioners
with the Board of Directors during 2024 were held 6 (six) times. The frequency of Attendance at Board Meetings and Joint Meetings of
the Board of Commissioners with the Board of Directors is as follows:




Annual Report        2024                                              366                                                 PT Bank KB Bukopin Tbk
Page 367
                                                                                                                                     Joint meeting of Board commssioners and
                                                                        Board of Commissioners Meeting
                                                                                                                                                      Directors
     No.                          Name
                                                                   Total              Attendance             Attendance                Total              Attendance              Attendance
                                                                  Meeting             Frequency                 Rate                  Meeting             Frequency                  Rate
        1.       Jerry Marmen                                         15                     15                   100%                     6                     6                    100%
        2.       Seng Hyup Shin*                                      13                     9                     69%                     6                      5                    83%
        3.       Nanang Supriyatno                                    15                     15                   100%                     6                     6                    100%
        4.       Tippy Joesoef                                        15                     15                   100%                     6                     6                    100%
        5.       Hae Wang Lee                                         15                     12                    92%                     6                     6                    100%
        6.       Stephen Liestyo                                      15                     14                    93%                     6                     6                    100%
        7.       Sukriansyah S. Latief**                               8                     8                    100%                     4                     4                    100%
        8.       Eugene K. Galbraith**                                 8                     5                     62%                     4                      3                    75%

 *) Effective since being determined by the Bank after fulfilling all requirements stipulated in POJK No. 27/POJK. 03/2016, No. 37/POJK.03/2017 and/or other applicable laws and regulations.
 **) No longer serves as Independent Commissioner as of June 28, 2024


Board of Directors Meeting
Board of Directors meetings are meetings held by the Board of Directors to make various business decisions, evaluate the Company's
performance and determine various policies in managing the Company. Board of Directors meetings are held based on the following
principles:
1. The Board of Directors is obliged to hold regular Board of Directors Meetings at least 1 (one) time every month and chaired by
    the President Director;
2. The Board of Directors is obliged to hold regular Board of Directors and Board of Commissioners meetings at least once every 4
    (four) months;
3. Board of Directors Meetings can be held at any time if:
    a. deemed necessary by one or more members of the Board of Directors;
    b. Upon written request from one or more members of the Board of Commissioners.
4. Calls for Board of Directors Meetings must be made by members of the Board of Directors who have the right to represent the
    Board of Directors according to the provisions of the Articles of Association;
5. Decision making is carried out by deliberation to reach consensus and/or voting, and will be considered valid if the meeting is
    attended by more than half of the Board of Directors;
6. Minutes of meetings are drawn up by the Corporate Secretary and signed by all members of the Board of Directors present to be
    kept and made available at any time requested by the Board of Commissioners;
7. Dissenting opinions that occur at the meeting must be included in the minutes of the meeting along with the reasons.

Internal Board of Directors Meeting
Throughout 2024, the Board of Directors of KB Bank held Board of Directors meetings 51 (fifty one) times. The meeting agenda is as
follows:


  No.                     Date                                                                    Agenda                                                         Meeting Participant
    1        January 8, 2024                        PWC Pending Audit Data Update Report                                                                              49 participants
                                                    •    Approval of Bulk Sale ABS III
                                                    •    Approval of Customer Complaints
    2        January 15, 2024                                                                                                                                         45 participants
                                                    •    Results of the Review of the Determination of Covid 19 Restructuring
                                                         of Debtors of PT. Bintang Gasing Lestari (Follow-up to OJK Findings)
                                                    •    Approval and Report of EGMS (Radirkom)
                                                    •    Approval of RBBR 2023
    3        January 22, 2024                                                                                                                                         49 participants
                                                    •    Financial Performance Report December 2023
                                                    •    4. Audit Progress Report January 2024
                                                    •    Approval of ICAAP Report based on Risk Profile Term II 2023
    4        January 29, 2024                       •    Audit Progress Report January 2024 (Continued from BOD Meeting                                               19 participants
                                                         January 22, 2024)
                                                    •    Approval of SPC Asset Management Incentive Scheme
    5        February 5, 2024                                                                                                                                         28 participants
                                                    •    Report and Approval of Swamitra Incentive Program
                                                    •    Approval of Recruitment Process Proposal
    6        February 12, 2024                                                                                                                                        36 participants
                                                    •    Bad Loan Campaign Progress Report

Annual Report            2024                                                                 367                                                                PT Bank KB Bukopin Tbk
Page 368
         Corporate Governance




 No.               Date                                     Agenda                                   Meeting Participant
                            •   Approval of the Revised RBB 2024-2026
   7    February 19, 2024   •   Financial Performance Report January 2024                              54 participants
                            •   NGBS Progress Report and Data Cleansing
  8     February 20, 2024   Approval of Revised RBB 2024-2026 (Re-Approval)                            22 participants
                            •   Approval of US$ 300 Million Loan Facility from Korea Development
                                Bank (“KDB”) Singapore Branch.
        February 26, 2024                                                                              34 participants
   9                        •   Approval of Recruitment Process
                            •   Audit Progress Report February 2024
  10    March 4, 2024       Shine Progress Update to BOD                                               29 participants
                            •   LAR Reduction Steps due to the end of Covid 19 Restructuring
                            •   Cardless withdrawal cooperation via Indomaret
  11    March 18, 2024                                                                                 53 participants
                            •   Kick off resourcing audit
                            •   March 2024 Audit Progress Report

  12    March 25, 2025      Financial Performance Report in February 2024                              43 participants

                            •   Financial Performance Q1 2024
                            •   Activity and Formation of TFT Data Cleansing
  13    April 22, 2024                                                                                 42 participants
                            •   Handover of NPL Debtors for Retail Credit
                            •   Progress Audit April 2024
                            •   Marcomm Budget Report Q1 2024 and YG K-Pop Concert Sponsorship
  14    April 29, 2024                                                                                 49 participants
                            •   Credit Administration & Payment System Report
                            •   LAR Handling Guidelines
  15    May 6, 2024         •   Progress Report on Loan Administration Issues: Mortgage &              49 participants
                                Extension of Wholesale & SME Working Capital Credit
  16    May 13, 2024        Approval of the 2023 Fiscal Year GMS Plan                                  11 participants
  17    May 15, 2024        Financial Audit Activity Progress Report 2023 by KAP Moore                 36 participants
                            •   Analysis of SME Normal Loan Decline
  18    May 20, 2024                                                                                   54 participants
                            •   April 2024 Financial Performance Report

  19    May 27, 2024        Balikpapan Legal Case Report                                               22 participants

                            •   Approval & Current Status Report of Major Account Differences
                                between GL and Product Ledger and Arrangement Plan
                            •   Approval of LAR, NPL and Write-Off Discount Program
  20    June 3, 2024                                                                                   49 participants
                            •   Paywatch Progress Report
                            •   Report on Plan to Submit Summons for 2024 AGMS
                            •   Audit Progress Report for May 2024
                            •   Approval of KPI Results 2H23 & KPI Policy & Scorecard 2024
  21    June 5, 2024                                                                                   20 participants
                            •   Balikpapan Legal Case Report
                            •   Marcom Budget Report April 2024
        June 10, 2024                                                                                  35 participants
  22                        •   Digital Channel Update Report (KB Star & PPOB)
                            •   Approval of KPI Policy & Scorecard 2024
  23    June 12, 2024                                                                                  20 participants
                            •   Approval of Revised RBB 2024-2026
                            •   Approval and Report of AYDA Portfolio & Incentive Scheme
  24   June 19, 2024                                                                                   33 participants
                            •   Approval of Revised RBB 2024-2026
                            •   Approval of the Chairman of the 2024 Annual General Meeting of
  25   June 24, 2024            Shareholders (Radirkom)                                                51 participants
                            •   Financial Performance Report May 2024
                            •   Approval Regarding Reversal of Cost Reserves
                            •   Approval of Existing Loan Data Normalization Methodology for NGBS
  26   June 26, 2024            Migration Purposes                                                     27 participants
                            •   Intermediate Level Credit Culture Exercise Report
                            •   May 2024 Audit Progress Report
                            •   Approval of the Issuance of KB Bank Global Bank US$ 300 Million in
                                2024
  27   July 1, 2024                                                                                    40 participants
                            •   Update Report on the Progress of Handover of NPL Debtors in Retail
                                Credit
  28   July 3, 2024         Approval of Changes to Organizational Structure                            10 participants




Annual Report     2024                                     368                                       PT Bank KB Bukopin Tbk
Page 369
 No.               Date                                       Agenda                                    Meeting Participant
                             •   Approval of Draft Response to KAP Moore Management Letter 2023
                             •   Current Status Report of Important Information Report
  29    July 8, 2024                                                                                      84 participants
                             •   Customer Fund Account Report (RDN)
                             •   BI Audit Result Report 2024
  30    July 12, 2024        Loan Repayment Agreement via PT Mandiri West Madura Cessie                   12 participants
                             Report on the Execution of Waryono Karno's Lawsuit (regarding the
  31    July 15, 2024        Settlement of Kembang 88 Assets) and Application for Approval of             10 participants
                             Submission of AJB and Submission of Legal Efforts for Judicial Review
                             •   RBBR Approval Semester 1 2024
                             •   Compliance Report
  32    July 22, 2024                                                                                     32 participants
                             •   PPOB Update Report: KB Bank x PLN
                             •   SKAI Monthly Progress Report
                             •   Implementation of Personal Data Protection (PDP)
  33    August 5, 2024                                                                                    36 participants
                             •   Treasury Borrowing Status
                             •   Report of KAP Moore 2024 Kick Off Meeting
                             •   Discussion of Procedures and Flow of Board of Commissioners &
  34    August 12, 2024                                                                                   113 participants
                                 Committee Meetings
                             •   Monthly Report of Marcom & Incentive Budget May-July 2024
  35    August 19, 2024      Financial Performance Report July 2024                                       39 participants
                             •   Monthly Audit Progress Report July 2024
                             •   KBees Report, Company Profile Video
  36    August 26, 2024                                                                                   22 participants
                             •   Report on Balikpapan Case Handling Strategy (Fictitious Deposit) and
                                 Implementation of Decision Contents
  37    August 28, 2024      Approval of Interim Audit Results June 2024                                  41 participants
  38    September 18, 2024   Report on the Implementation of the Preparation of the 2025 - 2027 RBB       21 participants
                             •   Financial Performance Report August 2024
                             •   Approval of Changes in Policy on Institutions and Authorities of the
  39    September 23. 2024       Credit Committee                                                         73 participants
                             •   Approval of Rebranding: Change of Entity Name
                             •   Audit Progress Report August 2024
                             Agreement on Development of Local Currency Transaction Indonesia -
  40    September 30. 2024                                                                                23 participants
                             South Korea
  41    October 21, 2024     Financial Performance Report September 2024                                  43 participants
                             •   Monthly Progress Report Audit July 2024
  42    October 28, 2024                                                                                  23 participants
                             •   Shine Progress Report
                             •   Approval of RBB 2025-2027
  43    November 11, 2024    •   Approval of Tax Audit Results for Fiscal Year 2021                       35 participants
                             •   Approval of Reporting Fines
                             •   RBB Report 2025-2027
                             •   Financial Performance Report October 2024
  44    November 18, 2024    •   Approval of Adjustment of Business Unit Organizational Structure         68 participants
                             •   Approval of Recovery Plan and Resolution Plan
                             •   Approval of Principle and Additional Costs to Continue Shine Project
                             •   Approval of RBB 2025-2027
  45    November 25, 2024    •   Approval of Recovery Plan and Resolution Plan                            29 participants
                             •   Audit Progress Report October 2024 & Audit Plan 2025
                             •   Approval of Revamp Vision and Mission of KB Bank
  46    December 2, 2024     •   Compliance Update Report                                                 21 participants
                             •   AML, CFT and CPF Implementation Activity Report
                             •   Approval of Public Expose Plan and Presentation Materials
                             •   Report on the Socialization of the Draft OJK Regulations regarding
  47    December 9, 2024                                                                                  20 participants
                                 Financial Conglomerates and Financial Conglomerate Holding
                                 Companies
                             •   Financial Performance Report November 2024
  48    December 16, 2024                                                                                 46 participants
                             •   Audit Progress Report
  49    December 18, 2024    Regulatory Fine Prevention and Mitigation Agreement                          15 participants




Annual Report     2024                                       369                                        PT Bank KB Bukopin Tbk
Page 370
         Corporate Governance




 No.               Date                                                Agenda                                              Meeting Participant
                                      •   SME Banking Deep Change Approval
  50    December 23, 2024             •   Marcom Monthly Report and Incentive Budget September- November                     41 participants
                                          2024
                                      Approval of Internal Control Policy Over Financial Report of PT Bank KB
  51    December 30, 2024                                                                                                    20 participants
                                      Bukopin, Tbk



Board of Directors Meeting Frequency and Attendance Level in 2024

  No.                              Name                                  Total Meeting         Attendance Frequency             Attendance Rate
   1     Woo Yeul Lee                                                                     51                         46                          90.2%
   2.    Robby Mondong                                                                    51                          42                         82.4%
   3.    Helmi Fahrudin                                                                   51                         46                          90.2%
   4.    Dodi Widjajanto                                                                  51                         45                          88.2%
   5.    Yohanes Suhardi**                                                                26                          19                         73.1%
   6.    Henry Sawali                                                                     51                          47                         92.2%
   7.    Young Eun Moon**                                                                 26                          16                         61.5%
   8.    Jung Ho Han                                                                      51                          43                         84.3%
   9.    Jang Hyuk Im*                                                                    48                          43                         89.6%
*) Effective since being determined by the Bank after fulfilling all requirements stipulated in POJK No. 27/POJK.03/2016, No. 37/POJK.03/2017 and/or
other applicable laws and regulations.
**) No longer serves as Director as of June 28, 2024




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Page 371
                              MAJOR AND CONTROLLING SHAREHOLDERS


The major and controlling shareholder of KB Bank is Kookmin Bank Co., Ltd., a banking company from South Korea. KB Kookmin Bank
is part of the KB Financial Group, one of the largest financial groups in South Korea.

This Korean-based bank has the largest net income achievement in Korea throughout 2019. KB Financial Group shares have been
listed on the Korea Exchange (KRX) since October 10, 2008 and on the New York Stock Exchange (NYSE) since September 29, 2008. KB
Financial Group's total assets as of December 31, 2019 reached KRW789.6 trillion (or around IDR 9,326 trillion).

The company has expanded its wings into the global market with a network spread across the UK, United States, India, China, Hong
Kong, Japan and New Zealand. In Southeast Asia, Kookmin expanded to Cambodia, Vietnam, Laos, Myanmar and Indonesia.




                                                          KB Financial Group Inc.


                                                                      100%




                STIC Eugene Star Holdings
                                                                                                      Public < 5%
                          Inc.

                            16.98%                                     66.88%                                 16.14%




                                              99.24%                                         95.92%

                                     KB Bukopin Finance                             KB Bank Syariah




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Page 372
         Corporate Governance




SUPPORTING ORGANS OF THE
BOARD OF COMMISSIONERS

In carrying out supervision, the Board of Commissioners of KB        Audit Committee Work Guidelines/Charter
Bank is assisted by Committees at the Board of Commissioners
level, consisting of:                                                The Audit Committee Charter serves as a guideline in carrying
1. Audit Committee;                                                  out the duties and responsibilities of the Committee members.
2. Remuneration and Nomination Committee;                            This charter has been ratified through the Decree of the Board of
3. Risk Monitoring Committee;                                        Commissioners No. 002 of 2024 concerning the Audit Committee
4. Integrated Governance Committee                                   Charter of PT Bank KB Bukopin Tbk.

Each committee is chaired by an Independent Commissioner             The charter includes rules related to membership, duties and
to ensure objectivity and independence in decision-making.           responsibilities, authority, reporting, and implementation of Audit
The implementation of its duties is based on the Committee's         Committee meetings. All of these matters are explained in more
Guidelines and Work Procedures which are in line with regulations    detail in the Audit Committee Guidelines and Work Procedures.
in Indonesia and best practices that are continuously updated
periodically.                                                        Criteria For Audit Committee Members

Audit Committee                                                      Audit Committee members are required to fulfill the following
                                                                     requirements and criteria:
The Audit Committee was established with the aim of supporting       1. Must have high integrity, good morals and character, ability,
the implementation of the Board of Commissioners' function               knowledge, experience in accordance with the field of work,
in monitoring the effectiveness of the implementation of the             and be able to communicate well;
Internal Control System and increasing its active role in ensuring   2. Not a person who works or has the authority and responsibility
corrective actions against the Bank's issues that could reduce the       to plan, lead, control or supervise the Company's activities
effectiveness of the Internal Control System.                            within the last 6 (six) months except for Independent
                                                                         Commissioners;
The formation of the Audit Committee is based on the rules and       3. Not someone who is internal in a Public Accounting Firm,
regulations applicable in Indonesia, including:                          Legal Consultant Firm, Public Appraisal Services Firm or other
1. Jakarta Stock Exchange Regulation Number-Kep-305/ BEJ/07              party providing assurance services, non-assurance services,
   dated July 19, 2004 concerning Regulation Number I-A                  appraisal services and/or other consulting services to the
   concerning the Listing of Shares and Equity Securities Other          Company within the last 6 (six) months;
   than Shares Issued by Listed Companies;                           4. Must understand financial reports, the Company's business,
2. Bapepam Regulation No.IX.I.5 dated September 24, 2004                 especially those related to the Company's services or business
   concerning the Establishment and Guidelines for the                   activities, audit processes, risk management, and laws and
   Implementation of Audit Committee Work;                               regulations in the Capital Market sector as well as other related
3. POJK No. 21/POJK.04/2015 concerning Implementation of Public          laws and regulations;
   Company Governance Guidelines;                                    5. Must comply with the Audit Committee code of ethics
4. POJK No. 55/POJK.04/2015 concerning the Establishment and             established by the Company;
   Guidelines for Implementing the Work of the Audit Committee;      6. Willing to continuously improve competence through
5. POJK No. 17 of 2023 concerning Implementation of Commercial           education and training;
   Bank Governance;                                                  7. Does not have direct or indirect shares in the Company;
6. POJK No. 13/POJK.03/2017 concerning the Use of Public             8. In the event that a member of the Audit Committee acquires
   Accounting Services and Public Accounting Firms in Financial          Company shares, either directly or indirectly, as a result of a
   Services Activities;                                                  legal event, the shares must be transferred to another party
7. SEOJK No. 13/SEOJK.03/2017 concerning Implementation of               within a maximum period of 6 (six) months after acquiring
   Governance for Commercial Banks;                                      the shares;
8. SEOJK No. 36/SEOJK.03/2017 concerning Procedures for Using        9. Has no affiliation with members of the Board of Commissioners,
   the Services of Public Accountants and Public Accounting              members of the Board of Directors, or Major Shareholders of
   Firms in Financial Services Activities;                               the Company;
9. POJK No. 01/POJK.03/2019 concerning Implementation of the         10. Has no direct or indirect business related relationships to the
   Internal Audit Function in Commercial Banks.                          Company's business activities.




Annual Report    2024                                            372                                           PT Bank KB Bukopin Tbk
Page 373
Membership Structure and Expertise of The Audit Committee

1. Members of the Audit Committee are appointed and dismissed by the Company's Directors based on the decision of the Board
   of Commissioners meeting.
2. The number of members and composition of the Audit Committee membership of PT Bank KB Bukopin Tbk is as follows:
   a. The Audit Committee consists of at least 1 (one) member who is an Independent Commissioner and 2 (two) people from
       independent parties from outside the Company, where 1 (one) person has expertise in the field of finance and accounting
       for at least 5 (five) years and 1 (one) person who has expertise in the field of law and/or banking for at least 5 (five) years;
   b. The audit committee is chaired by an Independent Commissioner who is also a member;
   c. The Chair of the Audit Committee can only hold concurrent positions as Chair of another Committee on at most 1 (one) other
       committee;
   d. One member of the Audit Committee is appointed as Committee Secretary;
   e. The appointment and dismissal of Audit Committee members is reported to the OJK within a maximum period of 2 (two)
       working days after the appointment or dismissal;
   f. Information regarding appointment and dismissal as referred to above is contained on the stock exchange website and the
       Company's website.

Terms of Office Provisions

Referring to the Audit Committee Work Implementation Guidelines, it is explained that the term of office of Audit Committee members
cannot be longer than the term of office of the Board of Commissioners as regulated in the Articles of Association and can only be
re-elected for 1 (one) subsequent period.

Structure, Number, Composition, and Basis for Appointment of The Audit Committee

The membership of the Audit Committee which has been ratified through Decree No. 107 of 2024 dated September 12, 2024, has the
following composition and number of members:


                                Positions in
         Name                   Committee
                                                        Position in KB Bank                        Expertise                         Period


 Stephen Liestyo            Chairman                Independent Commissioner        Banking, GCG and Financial Audit           2024-2027

                                                                                    Banking, GCG, Risk management and
 Tippy Joesoef              Member                  Independent Commissioner                                                   2023-2024
                                                                                    Financial Audit
 Dewi Anggesty Sah
                            Member                  Independent Party               Banking and Financial Auditing             2022-2025
 Bandar
 Jacobus Sindu
                            Member                  Independent Party               Banking and Financial Auditing             2022-2025
 Adisuwono


Profile of Audit Committee Members

The profiles of Stephen Liestyo, Tippy Joesoef are available in the Profile of the Board of Commissioners section in this Annual Report.
The profiles of members who are independent parties are as follows:



 Dewi Anggesty Sah Bandar
 Audit Committee Member (Independent Party)

 Age                                           59 Years old
 Nationality                                   Indonesia
 Domicile                                      Bekasi
                                               •   Bachelor (Ir) in Agricultural Economics (Agribusiness), Bogor Agricultural University (1988)
 Education History
                                               •   Master Management (MM) in Finance, Gadjah Mada University (1993)
                                               •   Head of Quality Management Biz Retail Banking - BTPN (2012-2017);
 Employments History                           •   Independent Commissioner of PT DMS Modal Ventura (2019-present);
                                               •   Senior Partner of PT INOFIN Consulting (2018-present).
                                               •   Independent Commissioner of PT DMS Modal Ventura (2019-present)
 Other Position
                                               •   Senior Partner of PT INOFIN Consulting (2018-present

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Page 374
          Corporate Governance




    Dewi Anggesty Sah Bandar
    Audit Committee Member (Independent Party)
    Legal Basis for Appointment                      Board of Directors Decree No. 0040 of 2023 dated March 30, 2023
    Qualification                                    Banking and Financial Audit




    Jacobus Sindu Adisuwono
    Bachelor of Economics Accounting, Parahyangan Catholic University


    Age                                          62 Years Old
    Nationality                                  Indonesia
    Domicile                                     Jakarta
    Education History                            Bachelor of Economics Accounting, Parahyangan Catholic University
                                                 •   Secretary General of the Bank Internal Auditors Association as a professional association (2011-
                                                     2014)
    Employments History                          •   Chairman of the Bank Internal Auditors Association (2014-2017);
                                                 •   Member of the Supervisory Board - Bank Internal Auditors Association (2017-2020);
                                                 •   Chairman of the Audit Committee of the Institute of Internal Auditors Indonesia (2018-present).
                                                 •   Commissioner of PT Asuransi Umum BCA (August 2021-present)
                                                 •   Member of the Audit Committee and Risk Monitoring Committee of PT Bank Ina Perdana, Tbk.
    Other Position
                                                     (2021-present)
                                                 •   Member of the Audit Committee of PT Bank BCA Syariah (2017-present)
    Legal Basis for Appointment                  Board of Directors Decree No. 0040 of 2023 dated March 30, 2023
    Qualification                                Banking and Financial Audit


   Certifications Obtained by Committee Members

   The Audit Committee continues to strive to improve the professional standards of its members through various certification and
   training programs. By participating in nationally and internationally recognized certifications, Audit Committee members can ensure
   that their competence is always up to date. The following is a list of certifications that have been obtained until 2024.


                  Name                    Position                                 Audit Committee Professional Certification Types

    Stephen Liestyo                   Chairman                 Risk Management - Qualification VI
    Tippy Joesoef                     Member                   Risk Management - Qualification VI
                                                               Risk Management - Qualification VII
    Dewi Anggesty Sah Bandar          Member
                                                               Qualification VI KKNI Audit Manager
                                                               Risk Management - Qualification VI
    Jacobus Sindu Adisuwono           Member
                                                               Certification in Audit Committee Practices



   Audit Committee Education and/or Training

                                    Education and
      Name and Position             Training Types
                                                           Education and Training Materials                   Venue/Date                   Organizer

                                                           •      Kick Off RKA SKAI
                                                           •      RKA SKAI Refresher Workshop        •   Jakarta, March 21, 2024      •   Internal Training
                                                           •      Anti-Corruption & Anti-Fraud       •   Jakarta, July 26, 2024       •   Internal Training
                                                                  Training                           •   Jakarta, July 19, 2024       •   AAFM
    Stephen Liestyo               Training and
                                                           •      SMR Commissioner                   •   Jakarta, July 09, 2024       •   IRPA & BSMR
    (Chairman)                    Workshop
                                                                  Recertification                    •   Jakarta, October 04, 2024    •   Oppa Academy
                                                           •      Korean Language Training           •   Jakarta, November 05, 2024   •   Rinto Teguh
                                                           •      Online APU PPT For Executive       •   Jakarta, December 11, 2024   •   FKDKP
                                                           •      FKDKP Webinar




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Page 375
                                 Education and
   Name and Position             Training Types
                                                      Education and Training Materials             Venue/Date                    Organizer

                                                      •   Kick Off RKA SKAI
                                                                                         •   Jakarta, March 21, 2024       •    Internal Training
                                                      •   RKA SKAI Refresher Workshop
                                                                                         •   Jakarta, July 26, 2024        •    Internal Training
                                                      •   Anti-Corruption & Anti-Fraud
                               Training and                                              •   Jakarta, July 19, 2024        •    AAFM
 Tippy Joesoef (Member)                                   Training
                               Workshop                                                  •   Jakarta, September 27, 2024   •    LSPP
                                                      •   SMR J6 Exam (Commissioner)
                                                                                         •   Jakarta, October 04, 2024     •    Oppa Academy
                                                      •   Korean Language Training
                                                                                         •   Jakarta, November 05, 2024    •    Rinto Teguh
                                                      •   Online APU PPT For Executive
 Dewi Anggesty Sah Bandar      Training and           •   Skai Workshop Refresher RKA    •   Jakarta, July 26, 2024        •    Internal Training
 (Member)                      Workshop               •   Online APU PPT For Executive   •   Jakarta, November 5, 2024     •    Rinto Teguh
                                                                                         •   Jakarta, March 21, 2024
                                                      •   Kick Off RKA SKAI                                                •    Internal Training
 Jacobus Sindu Adisuwono       Training and                                              •   Jakarta, July 26, 2024
                                                      •   RKA SKAI Refresher Workshop                                      •    Internal Training
 (Member)                      Workshop                                                  •   Jakarta, November 05, 2024
                                                      •   Online APU PPT For Executive                                     •    Rinto Teguh



Independence of Audit Committee Members

All members of the Audit Committee are independent parties who have no financial relationships, share ownership, or interests with
the Company, the Board of Commissioners, Directors, or Shareholders. The Audit Committee is also not permitted to serve as members
of other committees. This independence is regulated in OJK Regulation No. 55/POJK.04/2015 to ensure that Audit Committee members
can provide their opinions freely without being influenced by personal or external interests in carrying out their duties.


                                                                           Stephen        Tippy         Dewi Anggesty          Jacobus Sindu
                       Independence Aspect                                 Liestyo       Joesoef         Sah Bandar              Adisuwono
 Has no financial relationship with the Board of Commissioners and
                                                                               √             √                 √                     √
 Directors
 Has no management relationship in the company, its subsidiaries, or
                                                                               √             √                 √                     √
 affiliated companies
 Has no management relationship in the company, its subsidiaries, or
                                                                               √             √                 √                     √
 affiliated companies
 Does not have family relations with the Board of Commissioners,
 Directors, and/ or fellow members of the Nomination, Remuneration             √             √                 √                     √
 and GCG Committee
 Does not serve as a manager of Political parties, officials and
                                                                               √             √                 √                     √
 government



Duties and Responsibilities

The Audit Committee has the following duties and responsibilities:
1. Review financial information that will be released by the Bank to the public and/or authorities, including financial reports,
    projections and other reports related to the Bank's financial information;
2. Review compliance with laws and regulations relating to Bank activities;
3. Provide independent opinions in the event of differences of opinion between Management and Accountants regarding the services
    provided;
4. Provide recommendations to the Board of Commissioners regarding the appointment of Public Accountants and Public Accounting
    Firms based on independence, scope of assignment and fees for audit services;
5. Monitor and evaluate the implementation of the duties of the Internal Audit Work Unit (SKAI);
6. Monitor and evaluate the conformity of audit implementation by Public Accountants with applicable audit standards;
7. Monitor and evaluate the implementation of follow-up actions by the Board of Directors regarding the findings of the Internal
    Audit Work Unit, Public Accountants, and the results of supervision by the Financial Services Authority;
8. Review complaints related to the Company's accounting and financial reporting processes;
9. Review and provide advice to the Board of Commissioners regarding potential conflicts of interest;
10. Assess the adequacy of internal control;
11. Carry out other tasks assigned by the Board of Commissioners.




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           Corporate Governance



Authority of The Audit Committee

In carrying out its duties and responsibilities, the Audit Committee has the following authorities:
1. Access Bank documents, data and information regarding employees, funds, assets and required Company resources;
2. Communicate directly with employees including the Board of Directors and parties carrying out internal audit, risk management
    and Accountant functions regarding the duties and responsibilities of the Audit Committee;
3. Involve independent parties outside the Audit Committee members who are needed to assist in carrying out their duties (if necessary).

Audit Committee Responsibilities in Providing Recommendations for The Appointment and Dismissal
of External Auditors

The Audit Committee continues to provide independent opinions in the event of differences of opinion between Management
and Accountants regarding the services they provide. In addition, the Audit Committee also supports the duties of the Board of
Commissioners by providing recommendations regarding the appointment of Public Accountants and Public Accounting Firms based
on independence, scope of assignment and compensation for audit services.

Audit Committee Meeting

Audit Committee meetings are chaired by the Chair of the Audit Committee and attended by all committee members. Meeting procedures
have been regulated in the Audit Committee Work Guidelines. Meetings are held at least once a month with decisions made through
deliberation for consensus or majority voting. Each decision is recorded in a minute signed by all members of the Audit Committee,
then submitted to the Board of Commissioners.

Throughout 2024, the KB Bank Audit Committee has held meetings as follows (composition of the Audit Committee according to Decree
No. 107 of 2024 dated September 12, 2024) :
                                                                                                                                 :
                                                                                               Attendance

        Date                               Agenda                                                              Dewi         Jacobus
                                                                         Stephen    Tippy    Eugene K.
                                                                                                            Anggesty Sah     Sindu
                                                                         Liestyo   Joesoef   Galbraith*
                                                                                                              Bandar       Adisuwono
                       •    Discussion of ATM Difference
                            Reconciliation Report.
                       •    Discussion of HC Division Work Program
 January 26, 2024           Based on Unsatisfactory Rating Audit            √        √           √               √             √
                            Results
                       •    Discussion of Internal Audit Work Program
                            Realization Up to Quarter IV of 2023
                       •    Discussion of the Update of the Follow-up
                            Report on the Management Letter of KAP
                            Crowe 2022
                       •    Discussion of the Report on the
                            Implementation of the Compliance
 February 23, 2024                                                          √        √           x               √             √
                            Function for the Fourth Quarter of 2023
                       •    Discussion of the Quality Assurance Work
                            Plan for 2024
                       •    Discussion of the Realization of the Audit
                            Work Program until February 12, 2024
                       Discussion of Audit Progress Update by PWC
 March 20, 2024                                                             √        √           √               √             √
                       Report KAP
                       •    Discussion of Status, Concept and
                            Progress of Migration Data on NGBS
 March 22, 2024             Project.                                        √        √           √               √             √
                       •    Discussion of Realization of Audit Work
                            Program until March 15, 2024
                       •    Discussion of Audit Delay in the Financial
                            Report for Fiscal Year 2023.
 March 28, 2024                                                             √        √           √               √             √
                       •    2. Discussion of Audit Progress 2023 and
                            Next Plan
 April 12, 2024        Discussion on New KAP Appointment                    √        √           x               √             √




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Page 377
                                                                                              Attendance

       Date                              Agenda                                                               Dewi         Jacobus
                                                                        Stephen    Tippy    Eugene K.
                                                                                                           Anggesty Sah     Sindu
                                                                        Liestyo   Joesoef   Galbraith*
                                                                                                             Bandar       Adisuwono
                     •    Discussion and Settlement of Suspend
                          Account/Open Item/
                     •    Discussion of Pension Loan Business
April 26, 2024            Model Progress as a Follow-up to                 √        √           x               √             √
                          Improvement of SKAI Audit Results
                     •    Discussion of Audit Work Program
                          Realization for Quarter I of 2024
                     Discussion on the Audit Work Program
May 31, 2024                                                               √        √           √               √             √
                     Realization for April 2024


                     •    Discussion of the Internal Audit Work
                          Program Realization until June 14, 2024
June 27, 2024        •    Discussion of the Update on the Progress         √        √           √               √             √
                          of Completing Suspended Accounts/Open
                          Items


                     •    Discussion of the Audit Work Program
                          Realization until Semester I of 2024
                     •    Discussion of the Anti-Fraud Performance
                          Report for Semester I of 2024
                     •    Discussion of the Compliance Function
July 25, 2024                                                              √         x          -               √             √
                          Report for Semester I of 2024
                     •    Discussion of Updates on the Progress
                          of Real Open Items that are Routine and
                          Open Items that have Potential Loss/that
                          have outstanding to be used as Assets
                     •    Discussion of the Audit Work Program
                          Realization until July 2024.
                     •    Discussion of Updates on the
                          management of assets after the closure
August 29, 2024           of the Branch                                    √        √           -               √             √
                     •    Discussion of Updates on the progress of
                          the settlement of Open Items.
                     •    Discussion of the Interim Audit of the
                          Financial Report as of June 2024.
                     •    Discussion of Audit Work Program
                          Realization until August 2024
September 26,        •    Discussion of follow-up status on OJK
                                                                           √        √           -               √             √
2024                      audit results
                     •    Discussion of follow-up status update of
                          KAP Moore's 2023 management letter
                     •    Audit Work Program Realization until
                          September 2024
                     •    Following up on the approach and review
                          related to the NGBS Audit according to
                          OJK's concerns
October 31, 2024                                                           √        √           -               √             √
                     •    Renewal of the Pension Credit Business
                          Process Including Price & Profitability and
                          SKAI Recommendations on the Pension
                          Credit Business Based on SKAI Audit
                          Results
                     •    Discussion of 2025 Audit Plan
November 28,              Recommendations
                                                                           √        √           -               √             √
2024                 •    Discussion of Audit Work Program
                          Realization until October 2024




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Page 378
           Corporate Governance



                                                                                               Attendance

        Date                               Agenda                                                              Dewi         Jacobus
                                                                         Stephen    Tippy    Eugene K.
                                                                                                            Anggesty Sah     Sindu
                                                                         Liestyo   Joesoef   Galbraith*
                                                                                                              Bandar       Adisuwono
                       •    Discussion of the Audit Work Program
                            Realization until November 2024
                       •    Progress of Improvement and Business
 December 19, 2024                                                          √         x          -               √             √
                            Model of Non-Retail Credit Segments
                            (Korean Link, Corporate, Commercial and
                            SME) based on Internal Audit Results
 *) No longer in office since July 2024


Throughout 2024, KB Bank's Audit Committee has also attended meetings held by other work units to discuss materials related to
assignments to the Audit Committee. The meetings are as follows (composition of the Audit Committee according to Decree No. 107
of 2024 dated September 12, 2024) :


                                                                                               Attendance

        Date                               Agenda                                                              Dewi         Jacobus
                                                                         Stephen    Tippy    Eugene K.
                                                                                                            Anggesty Sah     Sindu
                                                                         Liestyo   Joesoef   Galbraith*
                                                                                                              Bandar       Adisuwono
                       •    Discussion of ATM Difference
                            Reconciliation Report.
                       •    Discussion of HC Division Work Program
 January 26, 2024           Based on Unsatisfactory Rating Audit            √        √           √               √             √
                            Results
                       •    Discussion of Internal Audit Work Program
                            Realization Up to Quarter IV of 2023
                       •    Discussion of the Follow-up Report
                            Update on the Management Letter of KAP
                            Crowe 2022
                       •    Discussion of the Report on the
                            Compliance Function Implementation for
 February 23, 2024                                                          √        √           x               √             √
                            the Fourth Quarter of 2023
                       •    Discussion of the Quality Assurance Work
                            Plan for 2024
                       •    Discussion of the Audit Work Program
                            Realization until February 12, 2024
                       Discussion of Audit Progress Update by PWC
 March 20, 2024                                                             √        √           √               √             √
                       Report KAP
                       •    Discussion of Status, Concept and
                            Progress of Migration Data on NGBS
 March 22, 2024             Project.                                        √        √           √               √             √
                       •    Discussion of Audit Work Program
                            Realization until March 15, 2024
                       •    Discussion of Audit Delay in the Financial
                            Report for Fiscal Year 2023.
 March 28, 2024                                                             √        √           √               √             √
                       •    Discussion of Audit Progress 2023 and
                            Next Plan
 April 12, 2024        Discussion on New KAP Appointment                    √        √           x               √             √
                       •    Discussion and Settlement of Suspend
                            Account/Open Item
                       •    Discussion of Pension Loan Business
 April 26, 2024             Model Progress as a Follow-up to                √        √           x               √             √
                            Improvement of SKAI Audit Results
                       •    Discussion of Audit Work Program
                            Realization for Quarter I of 2024
                       Discussion on the Audit Work Program
 May 31, 2024                                                               √        √           √               √             √
                       Realization for April 2024




Annual Report        2024                                                378                                    PT Bank KB Bukopin Tbk
Page 379
                                                                                                   Attendance

        Date                             Agenda                                                                      Dewi          Jacobus
                                                                        Stephen      Tippy       Eugene K.
                                                                                                                  Anggesty Sah      Sindu
                                                                        Liestyo     Joesoef      Galbraith*
                                                                                                                    Bandar        Adisuwono
                     •    Discussion on the Internal Audit Work
                          Program Realization until June 14, 2024
June 27, 2024        •    Discussion on the Progress Update of             √          √              √                 √              √
                          Completing Suspended Accounts/Open
                          Items
                     •    Discussion on the Audit Work Program
                          Realization until Semester I of 2024
                     •    Discussion of the Anti-Fraud Performance
                          Report for Semester I of 2024
                     •    Discussion of the Compliance Function
July 25, 2024                                                              √           x             -                 √              √
                          Report for Semester I of 2024
                     •    Discussion on the Progress Updates of
                          Real Open Items that are Routine and
                          Open Items that have Potential Loss/that
                          have outstanding to be used as Assets
                     •    Discussion of the Audit Work Program
                          Realization until July 2024.
                     •    Discussion of Updates on the assets
                          management after the Branch closure
August 29, 2024                                                            √          √              -                 √              √
                     •    Discussion on the progress Updates of the
                          Open Items settlement.
                     •    Discussion of the Interim Audit of the
                          Financial Report as of June 2024.
                     •    Discussion of Audit Work Program
                          Realization until August 2024
September 26,        •    Discussion of follow-up status on OJK
                                                                           √          √              -                 √              √
2024                      audit results
                     •    Discussion of follow-up status update of
                          KAP Moore's 2023 management letter
                     •    Audit Work Program Realization until
                          September 2024
                     •    Following up on the approach and review
                          related to the NGBS Audit according to
                          OJK's concerns
October 31, 2024                                                           √          √              -                 √              √
                     •    Renewal of the Pension Credit Business
                          Process Including Price & Profitability and
                          SKAI Recommendations on the Pension
                          Credit Business Based on SKAI Audit
                          Results
                     •    Discussion of 2025 Audit Plan
November 28,              Recommendations
                                                                           √          √              -                 √              √
2024                 •    Discussion of Audit Work Program
                          Realization until October 2024
                     •    Discussion of the Audit Work Program
                          Realization until November 2024
                     •    Progress of Improvement and Business
December 19, 2024                                                          √           x             -                 √              √
                          Model of Non-Retail Credit Segments
                          (Korean Link, Corporate, Commercial and
                          SME) based on Internal Audit Results

Total                Total Meeting                                             15           15                9              15             15
                     Total Attendance                                          15           13                6              15             15
                     Attendance Rate                                      100%             87%           67%               100%           100%
*) No longer serves since July 2024




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          Corporate Governance



Implementation of Audit Committee Duties

The duties and responsibilities of the Audit Committee have been carried out in accordance with the Work Program that has been approved
by the Board of Commissioners by referring to the Audit Committee Charter and the Audit Committee’s Work Guidelines and Rules.

Realization of Audit Committee Activities

In accordance with the 2024 Audit Committee Work Program, the following activities have been carried out:
1. Review the financial reports that will be published
2. Review the Compliance Function Implementation Report which is submitted quarterly by the Compliance Director to the President
    Director and Board of Commissioners of the Company and semi-annually to the OJK which contains the Company’s compliance
    with laws and regulations relating to the Bank’s activities.
3. Monitor and evaluate the implementation of the tasks of the Internal Audit Work Unit (SKAI) and the progress of follow-up to the results
    of the SKAI Audit during 2023 as well as evaluate the performance achievements of SKAI periodically through joint meetings with SKAI.
4. Monitor and evaluate the implementation of follow-up actions by the Board of Directors regarding the results of the supervision
    of the Financial Services Authority through meetings with the Compliance Division.

Policy And Amount Of Remuneration For Noncommissioner Audit Committee

 No.       Description                                                          Remark
  1.   Salary/Honorarium      Granted in accordance with the provisions in the Decree of Board of Commissioners No.SKEP/0005-DKOM/05/2018
       Religious Holiday
  2.                          1 (one) time salary
       Allowance
  3.   Education Allowance    1 (one) time basic salary/basic honorarium
  4.   Utilities Allowance    Granted in accordance with the provisions in the Decree of Board of Commissioners No.SKEP/0005-DKOM/05/2018
       Fasilitas Perjalanan
  5.                          Granted in accordance with the provisions in the Decree of Board of Commissioners No.SKEP/0005-DKOM/05/2018
       Dinas
  6.   Health Care Benefits   Granted in accordance with the provisions in the Decree of Board of Commissioners No.SKEP/0005-DKOM/05/2018
                              Granted in accordance with the provisions in the Decree of Board of Commissioners No.SKEP/0005-DKOM/05/2018
  7.   Bonus/Tantiem
                              while taking into account the fairness and capability of the Company


Remuneration and Nomination Committee
The Company has a Remuneration and Nomination Committee to ensure the implementation of tasks related to the remuneration and
nomination of members of the Board of Directors and the Board of Commissioners. The Remuneration and Nomination Committee is
directly responsible to the Board of Commissioners. The Bank's obligation to establish a Remuneration and Nomination Committee
is based on various regulations, including:
1. PBI No. 8 April PBI/2006 dated January 30, 2006 concerning the Implementation of Good Corporate Governance for Commercial
    Banks, as amended by Bank Indonesia Regulation No. 8/14/PBI/2006 dated October 5, 2006, and refined with Financial Services
    Authority Regulation no. 17 of 2023 concerning Implementation of Governance for Commercial Banks.
2. POJK No. 34/POJK.04/2014 concerning the Nomination and Remuneration Committee of Issuers or Public Companies;
3. POJK No. 45/POJK.03/2015 concerning Implementation of Governance in Providing Remuneration for Commercial Banks;
4. POJK No. 17 of 2023 concerning Implementation of Governance for Commercial Banks;
5. SEOJK No. 13/SEOJK.03/2017 concerning Implementation of Governance for Commercial Banks.

As well as other policies that the Company has regarding the Remuneration and Nomination Committee:
1. Decree No. 0272 of 2017 concerning Good Corporate Governance Guidelines for KB Bank;
2. Decree No. 1805 of 2016 dated December 22, 2016 concerning Remuneration Policy of PT Bank Bukopin Tbk;
3. Decree no. 001 of 2019 dated January 28, 2019 concerning Guidelines and Work Rules for the Remuneration and Nomination
    Committee of PT Bank Bukopin Tbk.

Remuneration and Nomination Committee Work Guidelines/Charter

To strengthen the implementation of its duties and responsibilities, the Remuneration and Nomination Committee of KB Bank has
been provided with Work Guidelines and Rules prepared based on the Decree of the Board of Commissioners No. 001 of 2019. These
guidelines regulate various aspects, including duties, authority, organization structure, code of ethics, work schedules, meetings,
reporting, as well as remuneration and work facilities.

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Page 381
Each member of the Remuneration and Nomination Committee                       c. 1 (one) executive officer in charge of Human Resources
is obliged to comply with the provisions contained in these                        or one employee representative.
guidelines, as an effort to support the effective implementation of       2.   The appointment of members of the Remuneration and
the duties and responsibilities of the Board of Commissioners. This            Nomination Committee as referred to in point 1 must be
is in accordance with the principles of Good Corporate Governance              carried out by the Board of Directors based on the decision
which are upheld by KB Bank. By having clear work guidelines and               of the Board of Commissioners;
regulations, it is expected that the Remuneration and Nomination          3.   The Remuneration and Nomination Committee is chaired by
Committee can carry out its role professionally and transparently,             an Independent Commissioner;
and make a positive contribution to the company’s success.                4.   The Chair of the Remuneration and Nomination Committee as
                                                                               referred to in point 3 is prohibited from holding concurrent
Remuneration and Nomination Committee                                          positions as chair of more than 1 (one) committee in other
                                                                               committees;
In POJK No. 34/POJK.04/2014 concerning the Nomination and                 5.   Members of the Board of Directors are prohibited from being
Remuneration Committee of Issuers or Public Companies explains                 members of the Remuneration and Nomination Committee;
the requirements for being a member of the Committee, namely:             6.   In the event that the members of the Remuneration and
1. Has no affiliation with the Issuer or Public Company,                       Nomination Committee are determined to be more than
    members of the Board of Directors, members of the Board                    3 (three) people, then the members of the Independent
    of Commissioners, or Major Shareholders of the Issuer or                   Commissioner will be at least 2 (two) people;
    Company;                                                              7.   Executive officials in charge of human resources or employee
2. Have experience related to Nomination and/or Remuneration;                  representatives are officials who report directly to the Board
3. Do not hold concurrent positions as members of other                        of Directors or have influence on the company’s operational
    committees owned by the Issuer or the Company;                             policies;
4. Have expertise in the banking sector;                                  8.   Executive officials in charge of human resources or employee
5. Have adequate knowledge of capital market regulations and                   representatives must have knowledge of the company’s
    other regulations and have experience related to Nomination                remuneration and/or nomination system as well as the
    and/or Remuneration.                                                       company’s succession plan.

Apart from that, the criteria for members of the Remuneration             Term of Office Provision
and Nomination Committee according to the work guidelines
are as follows:                                                           The term of office of members of the Remuneration and
1. The Remuneration and Nomination Committee consists of at               Nomination Committee is determined in the appointment
    least 3 (three) people, namely:                                       decree, in accordance with POJK No. 34/ POJK.04/2014 concerning
    a. 1 (one) Independent Commissioner;                                  Nomination and Remuneration Committees for Issuers or Public
    b. 1 (one) Commissioner;                                              Companies



Structure, Number, Composition and Basis for Appointment of the remuneration and Nomination
Committee

The composition and number of members of the Remuneration and Nomination Committee as of December 31, 2024, which has been
ratified in Decree No. 108 of 2024 dated September 12, 2024, are as follows:


                              Position in the
          Name                 Committee
                                                    Position in KB Bank                     Expertise                       Period

                                                  Independent
 Hae Wang Lee              Chairman                                            Law                                  2021-2024
                                                  Commissioner
 Jerry Marmen              Member                 President Commissioner       Risk Management and GCG              2024-2027
                                                  Independent                  Banking, GCG, Risk Management and
 Tippy Joesoef             Member                                                                                   2021-2024
                                                  Commissioner                 Financial Audit
 Nanang Supriyatno         Member                 Commissioner                 Banking, GCG, and Financial Audit    2021-2024
 Gamaridha Akhirul AR      Member                 Acting HC Division           Banking, Management                  2022-2025



Remuneration and Nomination Committee Profile

The profiles of Hae Wang Lee, Jerry Marmen, Tippy Joesoef, and Nanang Supriyanto is described in the Board of Commissioners Profile
section in this Annual Report book. The profile of Gamaridha Akhirul AR is as follows.


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            Corporate Governance




 Gamaridha Akhirul AR
 Member of the Remuneration and Nomination Committee
 Age                                        44 Years old
 Nationality                                Indonesia
 Domicile                                   Bandung
 Education History                          Master of Management (S2) Parahyangan Catholic University Bandung
                                            •   Senior HR Consultant at SEVERAL COMPANY
                                            •   General Manager HR at PT SHINHAN BANK INDONESIA
 Employments History                        •   Head of the Remuneration Department at WOORI SAUDARA BANK
                                            •   Accounting Officer at BANK BTPN
                                            •   Equipment Control Data at PT. ZHONGHAI INDO SHIPPING
 Other Position                             HC Strategy, Policy, Development & Service Department Head perseroan
 Legal Basis for Appointment                Decree No. 0088 dated July 15, 2022
 Qualification                              Banking and Management



Certification Owned by Committee Members

The Remuneration and Nomination Committee is committed to maintaining the quality and expertise of its members through
continuous competency development. One of the efforts is by encouraging participation in professional certification and training
programs. By obtaining certification acknowledged at the national and international levels, members of the Remuneration and
Nomination Committee can ensure that their competencies remain relevant and in accordance with current standards. The following
are certifications that have been achieved until 2024.


               Name                  Position              Types of Professional Certification of Remuneration and Nomination Committee
 Hae Wang Lee                    Chairman           Risk Management - Qualification VI
 Jerry Marmen                    Member             Risk Management - Qualification VII
 Tippy Joesoef                   Member             Risk Management - Qualification VII
 Nanang Supriyatno               Member             Risk Management - Qualification VI
 Gamaridha Akhirul AR            Member             Risk Management - Qualification VI


Training for Remuneration and Nomination Committee Members

  Name and           Education and
                                            Education and Training Materials                     Place/Date                    Administrator
   Position             Training
                                     •    Anti-Corruption and Anti-Fraud Training         •   Jakarta, July 19, 2024    •     AAFM
 Hae Wang Lee                        •    BSMR Commissioner Recertification               •   Jakarta, July 9,2024      •     IRPA & BSMR
                  Training
 (Chairman)                          •    Online APU PPT For Executive                    •   Jakarta, Nov 5,2024       •     Rinto Teguh
                                     •    FKDKP Webinar                                   •   Jakarta, Dec 11, 2024     •     Webinar FKDKP
                                     •    Kick Off RKA SKAI                               •   Jakarta, March 21, 2024   •     Internal Diklat
                                     •    Workshop Refresher RKA SKAI                     •   Jakarta, July 26, 2024    •     Internal Diklat
 Jerry Marmen     Training and
                                     •    National Convention Draft RSKKNI BID SMR        •   Surabaya, July 08, 2024   •     OJK
 (Member)         Workshop
                                     •    Korean Language Training                        •   Jakarta, Oct 04, 2024     •     Oppa Academy
                                     •    Online APU PPT For Executive                    •   Jakarta, Nov 05, 2024     •     Rinto Teguh
                                     •    Kick Off RKA SKAI                               •   Jakarta, March 21, 2024   •     Internal Diklat
                                     •    RKA SKAI Refresher Workshop                     •   Jakarta, July 26,2024     •     Internal Diklat
 Tippy Joesoef    Training and       •    Anti-Corruption & Anti-Fraud Training           •   Jakarta, July 19, 2024    •     AAFM
 (Member)         Workshop           •    SMR J6 Exam (Commissioner)                      •   Jakarta, Sept 27, 2024    •     LSPP
                                     •    Korean Language Training                        •   Jakarta, Oct 04, 2024     •     Oppa Academy
                                     •    Online Apu Ppt For Executive                    •   Jakarta, May 11, 2024     •     Rinto Teguh
                                     •    Anti-Corruption and Anti-Fraud Training         •   Jakarta, July 19, 2024    •     AAFM
 Nanang
                                     •    BSMR Commissioner Recertification               •   Jakarta, July 09, 2024    •     IRPA & BSMR
 Supriyatno       Training
                                     •    Korean Language Training                        •   Jakarta, Oct 04, 2024     •     Oppa Academy
 (Member)
                                     •    Online APU PPT For Executive                    •   Jakarta, Nov 05, 2024     •     Rinto Teguh




Annual Report        2024                                             382                                                   PT Bank KB Bukopin Tbk
Page 383
                                        •   SME Plan 2024 Workshop                        •   Jakarta, Jan 25, 2024    •     INTERNAL HOUSE
                                        •   National Convention for RSKKNI BID.SMR        •   Jakarta, July 08, 2024         (DIKLAT)
 Gamaridha                                  Draft                                         •   Jakarta, Aug 02, 2024    •     OJK
                  Training and
 Akhirul AR                             •   Kick Off S N D                                •   Jakarta, Aug 27, 2024    •     Internal House (Diklat)
                  Workshop
 (Anggota)                              •   SMR Recertification Level 6 (Provision)       •   Jakarta, Sept 13, 2024   •     BSMR
                                        •   Online APU PPT For Executive                  •   Jakarta, Nov 5, 2024     •     Rinto Teguh
                                        •   E Learning APU PPT Th 2024 (Aug)              •   Jakarta, Aug 05, 2024    •     Internal House (Diklat)




Independence of Remuneration and Nomination Committee Members

All members of the Remuneration and Nomination Committee who are independent parties have no financial, management, share
ownership and/or family relationships with the Board of Commissioners, Directors and/or Controlling Shareholders or relationships
with banks, which could affect their ability to act independently.


                                                                   Hae Wang        Jerry            Tippy           Nanang            Gamaridha
                   Independent Aspects                               Lee          Marmen           Joesoef         Supriyatno         Akhirul AR
 Has no financial relationship with the Board of
                                                                      √               √               √                √                   √
 Commissioners and Directors
 Has no management relationship in the company, its
                                                                      √               √               √                √                   √
 subsidiaries, or affiliated companies
 Does not have family relations with the Board of
 Commissioners, Directors, and/or fellow members of the               √               √               √                √                   √
 Nomination, Remuneration, and GCG Committee
 Does not serve as a manager of political parties, officials and
                                                                      √               √               √                √                   √
 government



Duties and Responsibilities

Related to the Remuneration Functions

1. Evaluate the Remuneration policy based on performance, risk, fairness with peer groups, targets and long-term strategies of the
   Bank, as well as the fulfillment of reserves as regulated in statutory regulations and the Bank’s potential income in the future.
2. Submit evaluation results and recommendations to the Board of Commissioners regarding::
   a. Remuneration Policy for Directors and Board of Commissioners to be submitted to the General Meeting of Shareholders;
   b. The Remuneration Policy for employees as a whole is to be submitted to the Board of Directors.
3. Ensure that the Remuneration policy is in accordance with applicable regulations.
4. Conduct regular annual evaluations of the implementation of Remuneration policies.
5. Provide recommendations to the Board of Commissioners regarding:
   a. Remuneration Structure;
   b. Remuneration Policy; And
   c. Amount of Remuneration.
6. Assist the Board of Commissioners in conducting performance assessments in accordance with the remuneration received by each
   member of the Board of Directors and/or members of the Board of Commissioners

Related to the Nomination Function

1. Provide recommendations to the Board of Commissioners regarding:
   a. Composition of positions of members of the Board of Directors and/or members of the Board of Commissioners;
   b. Policies and criteria required in the Nomination process; and
   c. Performance evaluation policy for members of the Board of Directors and/or members of the Board of Commissioners.
2. Assist the Board of Commissioners in assessing the performance of members of the Board of Directors and/or members of the
   Board of Commissioners based on benchmarks that have been prepared as evaluation material;
3. Provide recommendations to the Board of Commissioners regarding capacity development programs for members of the Board
   of Directors and/or members of the Board of Commissioners;




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Page 384
           Corporate Governance



4. Prepare and provide recommendations regarding systems and procedures for selecting and/or replacing members of the Board
   of Directors and members of the Board of Commissioners to the Board of Commissioners;
5. Provide proposals for candidates who meet the requirements of the Financial Services Authority as members of the Board of
   Directors and/or members of the Board of Commissioners to the Board of Commissioners to be submitted to the GMS;
6. Provide recommendations regarding Independent Parties who will become members of Committees under the coordination of
   the Board of Commissioners.

Authority of the Remuneration and Nomination Committee

The authority of the Remuneration and Nomination Committee is:
1. Obtain full, free and unlimited access to information about employees, funds, assets and other Company resources related to the
   implementation of their duties;
2. Must collaborate with the Directorate in charge of Human Resources and other units deemed necessary;
3. Carry out duties carefully and well;
4. Prepare an annual activity plan approved by the Board of Commissioners;
5. Prepare a year-long activity report which is submitted to the Board of Commissioners;
6. Coordinate with the Audit Committee, Risk Monitoring Committee and other Committees in accordance with applicable statutory
   provisions, to avoid overlapping duties between committees under the Board of Commissioners;
7. Regarding fixed remuneration, the Remuneration and Nomination Committee prepares policies that at least take into account
   business scale, business complexity, peer group, inflation rate, financial conditions and capabilities, and do not conflict with
   applicable laws and regulations;
8. Regarding variable remuneration, apart from paying attention to point 7, the policies formulated must also encourage prudent
   risk taking.

Remuneration and Nomination Committee Meeting

Committee meetings are held periodically at least 1 (one) time in 4 (four) months, attended by the chairman and the majority of the
members. Decisions are taken by deliberation to reach consensus or based on majority vote according to a predetermined mechanism.
The results of the meeting must be included in the minutes to be kept and reported to the Board of Commissioners.

Throughout 2024, the KB Bank Remuneration and Nomination Committee has held meetings as follows (composition of the Audit
Committee according to Decree No. 068 of 2024 dated May 15, 2024):


                                                                               Attendance
     Date                   Agenda           Hae Wang    Jerry   Nam Hoon      Tippy         Nanang      Sukriansyah   Gamaridha
                                               Lee      Marmen     Cho*       Joesoef       Supriyatno     S. Latief   Akhirul AR
                 •     Interview of Deputy
                       Commissioner
 January 11,
                       Candidates               √         √            -         √              √            √             √
 2024
                 •     Discussion of CFO
                       Pension Package

 January 19,     Retirement Package for
                                                √         √            -         √              √            √             √
 2024            Finance Director

                 •     Discussion
                       of changes
                       in committee
                       membership
                       under the Board of
                       Commissioners
                 •     Discussion of
 April 3, 2024                                  √         √            -         √              √            √             √
                       Changes in
                       Foreign Worker
                       Remuneration
                 •     Discussion of 2023
                       BOD KPI Results
                       and 2024 KPI &
                       Scorecard Policy




Annual Report        2024                                        384                                       PT Bank KB Bukopin Tbk
Page 385
                                                                                      Attendance
     Date                       Agenda           Hae Wang    Jerry    Nam Hoon         Tippy        Nanang      Sukriansyah   Gamaridha
                                                   Lee      Marmen      Cho*          Joesoef      Supriyatno     S. Latief   Akhirul AR
                     •     Results of
                           Discussion of BOD
                           KPI and BOD KPI
                           Scorecard for 2024
 June 14, 2024       •     BOD Performance             √      √            -             √             √            √             √
                           Evaluation
                     •     Discussion of
                           Foreign Worker
                           Remuneration
                     Discussion of the
                     Increase in Basic Salary
 September 12,
                     for Employees to the              √      √            -             √             √            √             √
 2024
                     2024 Minimum Wage
                     Basic Salary
                     Evaluation of
                     Committee Member
 December 12,
                     Contracts under                   √      √            -             √             √            √             √
 2024
                     the Board of
                     Commissioners
                                                              x= absent/v = present
 *) No longer serves since January 2024



Throughout 2024, the KB Bank Remuneration and Nomination Committee has also attended meetings held by other work units to discuss
materials related to assignments to the Remuneration and Nomination Committee. The meetings are as follows (the composition of
the Remuneration and Nomination Committee according to Decree No. 108 of 2024 dated September 12, 2024):


                                                                                      Attendance
    Date                    Agenda              Hae Wang     Jerry     Nam Hoon         Tippy       Nanang      Sukriansyah   Gamaridha
                                                  Lee       Marmen       Cho*          Joesoef     Supriyatno     S. Latief   Akhirul AR
                 •       Interview of Deputy
                         Commissioner
 January 11,
                         Candidates                √          √                -         √             √            √             √
 2024
                 •       Discussion of CFO
                         Pension Package
 January 19,     Retirement Package for
                                                   √          √                -         √             √            √             √
 2024            Finance Director
                 •       Discussion
                         of changes
                         in committee
                         membership
                         under the Board of
                         Commissioners
                 •       Discussion of
 April 3, 2024                                     √          √                -         √             √            √             √
                         Changes in
                         Foreign Worker
                         Remuneration
                 •       Discussion of 2023
                         BOD KPI Results
                         and 2024 KPI &
                         Scorecard Policy




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Page 386
            Corporate Governance



                                                                                  Attendance
    Date               Agenda             Hae Wang      Jerry        Nam Hoon       Tippy         Nanang      Sukriansyah    Gamaridha
                                            Lee        Marmen          Cho*        Joesoef       Supriyatno     S. Latief    Akhirul AR
               •   Results of
                   Discussion of BOD
                   KPI and BOD KPI
                   Scorecard for 2024
 June 14,
               •   BOD Performance           √            √               -           √              √            √              √
 2024
                   Evaluation
               •   Discussion of
                   Foreign Worker
                   Remuneration
               Discussion of the
               Increase in Basic Salary
 September
               for Employees to the          √            √               -           √              √            √              √
 12, 2024
               2024 Minimum Wage
               Basic Salary
               Evaluation of
               Committee Member
 December
               Contracts under               √            √               -           √              √            √              √
 12, 2024
               the Board of
               Commissioners

 Total         Number of Meetings                6              6             2              6            6              6            6
               Attendance Rate                   6              6             0              6            6              6            6
               Average Attendance             100%         100%               0       100%            100%            100%        100%
 *) No longer serves since January 2024



Implementation of the Duties of the Remuneration and Nomination Committee

In 2024, the Remuneration and Nomination Committee has performed its role in supporting the sustainability of good corporate
governance. One of its main tasks is to prepare and provide recommendations regarding candidates for members of the Board of
Commissioners and Directors to the Board of Commissioners before being submitted to the GMS. These recommendations are made
based on established policies and criteria, taking into account the company's strategic needs. This process includes candidate selection,
qualification analysis, and evaluation of suitability with the Company's vision and mission.

In addition, the Remuneration and Nomination Committee is also responsible for designing remuneration policies for the Board
of Directors and Board of Commissioners throughout 2024. The remuneration system set includes salaries, allowances, and other
incentives, which are designed to ensure a balance between competitive remuneration packages and compliance with the principles
of good corporate governance.

Risk Monitoring Committee
The Risk Monitoring Committee plays a role in ensuring that risk management in the Bank operates optimally. In carrying out its duties,
the Risk Monitoring Committee is responsible for reviewing the effectiveness of the risk identification, measurement, monitoring, and
mitigation processes. Currently, the Risk Monitoring Committee continues to coordinate with the Risk Management Committee and
the Risk Management Work Unit to maintain the balance and sustainability of risk management in the Bank's environment.

Legal Basis

The Risk Monitoring Committee is a committee established by the Board of Commissioners in order to support the effective implementation
of its duties and responsibilities, in accordance with:
1. Financial Services Authority Regulation no. 18/POJK.03/2016 dated March 16, 2016 concerning the Implementation of Risk Management
     for Commercial Banks;
2. Financial Services Authority Regulation no. 17 of 2023 concerning Implementation of Governance for Commercial Banks;
3. Financial Services Authority Circular (SEOJK) No. 13/SEOJK.03/2017 dated March 17, 2017 concerning the Implementation of Governance
     for Commercial Banks.




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Page 387
Work Guidelines/Charter of Risk Monitoring Committee

As a part of its efforts to maintain compliance with current regulations and conditions, the Bank routinely updates and refines the
Risk Monitoring Committee Work Guidelines. The last update was made in 2019, marked by the issuance of the Decree of the Board
of Commissioners No. 005 of 2019 concerning the Risk Monitoring Committee Work Guidelines and Rules on March 28, 2019. The
guidelines regulate matters related to:
1. Duties and Responsibilities;
2. Authority;
3. Membership Structure;
4. Membership Structure;
5. Working Hours;
6. Meetings;
7. Reporting;
8. Concurrent Position of Committee Chairperson;
9. Remuneration and Work Facilities;
10. Performance Assessment

Criteria of Risk Monitoring Committee Members

In accordance with Financial Services Authority regulations, the requirements for becoming a member of the Risk Monitoring Committee
must be from an independent party with the aim of being objective in carrying out the duties and responsibilities they carry out.

The Risk Monitoring Committee guidelines also state the membership code of ethics, including:
1. Carry out duties and responsibilities independently;
2. Be professional, honest, and objective in every decision making by paying attention to the precautionary principle;
3. Be professional, honest, and objective in every decision making by paying attention to the precautionary principle;
4. Uphold and maintain the image (vision and mission of the company), honor, and dignity of the company as well as personal
   honor and dignity;
5. Be prudent in using and safeguarding the information obtained;
6. Committee members are required to have good integrity, character, and morals;
7. Do not use information for personal or other interests unless there is a legal obligation or professional obligation;
8. Maintain and keep the confidentiality of all Company documents, data and information in its possession.

Structure, Number, Composition, and Basis for Appointment of the Risk Monitoring Committee

The composition and number of members of the Risk Monitoring Committee as of 31 December 2024, which has been ratified in Decree
No. 069 Year 2024 dated May 15, 2024 is as follows:


         Name             Position in Committee    Position in KB Bank                  Expertise                      Period
                                                  Independent
 Tippy Joesoef            Chairman                                         Banking, GCG, and Financial Audit   2021-2024
                                                  Commissioner
 Jerry Marmen             Member                  President Commissioner   Risk Management and GCG             2024-2027
 Nanang Supriyatno        Member                  Commissioner             Banking, GCG, and Financial Audit   2023-2024
                                                  Independent
 Stephen Liestyo          Member                                           Banking, GCG, and Financial Audit   2024-2027
                                                  Commissioner
 Togar Natigor Siregar    Member                  Independent Party        Accounting and Risk Management      2022-2025
 Rahardja Alimhamzah      Member                  Independent Party        Banking, GCG, and Financial Audit   2022-2025


Risk Monitoring Committee Profile

The profiles of Tippy Joesoef, Jerry Marmen, Nanang Supriyatno, and Stephen Liestyo is illustrated in the Board of Commissioners
Profile section in this Annual Report book. The profiles of independent members are as follows:




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            Corporate Governance




 Togar Natigor Siregar
 Member of the Remuneration and Nomination

 Age                                     60 Years old
 Nationality                             Indonesia
 Domicile                                Jakarta
                                         •   Bachelor of Laws, University of North Sumatra (USU) Medan (1988)
 Education
                                         •   Master of Business Law, University of Indonesia (2008)
                                         •   Head of the Credit Legal Administration Department of the Indonesian Export Financing
                                             Institution (LPEI) Bank Exim Indonesia (2020-2022)
                                         •   Head of Credit Control Unit, PT. Bank DBS Indonesia (June 4, 2010 – August 31, 2019)
                                         •   Head of Bank Barclays Indonesia Risk Control Unit (July 16, 2009- May 31, 2010)
 Work Experience                         •   Head of Administration & Credit Control Division of Bank Internasional Indonesia (BII) (October
                                             29, 2007- July 15, 2009)
                                         •   Head of Risk & Credit Control – Standard Chartered Bank (December 2005 – October 23, 2007)
                                         •   Senior Manager of Risk Management & Compliance-Bank Standard Chartered (March
                                             2002-November 2005)
 Concurrent Position                     Lecturer of Faculty of Law and Head of Law Laboratory in University of Juanda (2022-present)
 Legal Basis of Appointment              Board of Directors Decree No. 0003 of 2022 Dated January 20, 2022
 Qualification                           Accounting and Risk Management




 Rahardja Alimhamzah
 Member of the Remuneration and Nomination


 Age                                     58 Years old
 Nationality                             Indonesia
 Domicile                                Jakarta
                                         •   Bachelor of Mechanical & Industrial Engineering at the University of New South Wales, Sydney-
 Education                                   Australia (1986-1989)
                                         •   Masters in Financial Management & Accounting at the University of Indonesia (1992-1994)
                                         •   Independent Commissioner and Chairman of the Audit Committee and Head of Risk
                                             Management of PT Radana Bhaskara Finance Tbk (2021-Present);
                                         •   Technical Advisor of PT ABI Komoditi Berjangka (2020-Present);
                                         •   Independent Commissioner and Chairman of the Audit Committee of PT Sompo Insurance
                                             Indonesia (2020-Present);
 Work Experience
                                         •   President Commissioner of PT CIMB Niaga Sekuritas (March 2018 - August 2020);
                                         •   Director of Non-Retail Business of PT Bank Cimb Niaga (March 2016 - April 2020);
                                         •   Director of Corporate Banking of PT Bank DBS Indonesia (May 2014- August 2014);
                                         •   Director of Corporate Banking of PT Bank DBS Indonesia (April 2009- April 2014);
                                         •   Director of Corporate Banking PT Bank Rabobank International (April 2003 -April 2009)
                                         •   Independent Commissioner and Chair of the Audit Committee and Chair of Risk Management PT
                                             Radana Bhaskara Finance Tbk (2021-Present);
 Concurrent Position                     •   Technical Advisor to PT ABI Komoditi Berjangka (2020-Present);
                                         •   Independent Commissioner and Chair of the Audit Committee of PT Sompo Insurance Indonesia
                                             (2020-Present).
 Legal Basis of Appointment              Board of Directors Decree No. 0003 Year 2022 Dated January 20, 2022
 Qualification                           Banking, GCG, and Risk Management


Certification Owned by Committee Members

The Risk Monitoring Committee always focuses on developing the quality and capabilities of its members through various relevant
training programs. In this effort, the Risk Monitoring Committee provides various educational opportunities that support the improvement
of the professionalism of its members, including certification training that is recognized both nationally and internationally. The
following is a list of professional certifications that have been achieved by members of the Risk Monitoring Committee until 2024.




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             Name                       Position                    Types of Risk Monitoring Committee Professional Certification

 Tippy Joesoef                      Chairman           Risk Management - Qualification VII

 Jerry Marmen                       Member             Risk Management - Qualification VII
 Nanang Supriyatno                  Member             Risk Management - Qualification VI
 Stephen Liestyo                    Member             Risk Management - Qualification VI
 Togar Natigor Siregar              Member             Risk Management - Qualification VII
 Rahardja Alimhamzah                Member             Risk Management - Qualification VII


Training for Risk Monitoring Committee Members

    Name and               Education and
                                                   Education and Training Material                Place/Date                  Organizer
     Position                 Training
                                               •     KICK OFF RKA SKAI
                                                                                        •    Jakarta, March 21, 2024   •   Internal Training
                                               •     WORKSHOP REFRESHER RKA SKAI
                                                                                        •    Jakarta, July 26, 2024    •   Internal Training
                                               •     ANTI CORRUPTION & ANTI FRAUD
 Tippy Joesoef           Training and                                                   •    Jakarta, July 19, 2024    •   AAFM
                                                     TRAINING
 (Chairman)              Workshop                                                       •    Jakarta, Sept 27, 2024    •   LSPP
                                               •     SMR J6 EXAM (COMMITENER)
                                                                                        •    Jakarta, Oct 04, 2024     •   OPPA ACADEMY
                                               •     KOREAN LANGUAGE TRAINING
                                                                                        •    Jakarta, Nov 05, 2024     •   Rinto Teguh
                                               •     ONLINE APU PPT FOR EXECUTIVE
                                               •     KICK OFF RKA SKAI
                                                                                        •    Jakarta, March 21, 2024   •   Internal Training
                                               •     WORKSHOP REFRESHER RKA SKAI
                                                                                        •    Jakarta, July 26, 2024    •   Internal Training
 Jerry Marmen            Training and          •     NATIONAL CONVENTION OF
                                                                                        •    Surabaya, July 08, 2024   •   FSO
 (Member)                Workshop                    RSKKNI BID SMR DESIGN
                                                                                        •    Jakarta, Oct 04, 2024     •   OPPA ACADEMY
                                               •     KOREAN LANGUAGE TRAINING
                                                                                        •    Jakarta, Nov 05, 2024     •   Rinto Teguh
                                               •     ONLINE APU PPT FOR EXECUTIVE
                                               •     ANTI CORRUPTION AND ANTI
                                                     FRAUD TRAINING                     •    Jakarta, July 19, 2024    •   AAFM
 Nanang Supriyatno                             •     BSMR COMMISSIONER                  •    Jakarta, July 09, 2024    •   IRPA & BSMR
                         Training
 (Anggota)                                           RECERTIFICATION                    •    Jakarta, Oct 04, 2024     •   OPPA ACADEMY
                                               •     KOREAN LANGUAGE TRAINING           •    Jakarta, Nov 05, 20244    •   Rinto Teguh
                                               •     ONLINE APU PPT FOR EXECUTIVE
                                               •     KICK OFF RKA SKAI
                                               •     WORKSHOP REFRESHER RKA SKAI        •    Jakarta, March 21, 2024   •   Internal Training
                                               •     ANTI CORRUPTION & ANTI FRAUD       •    Jakarta, July 26, 2024    •   Internal Training
                                                     TRAINING                           •    Jakarta, July 19, 2024    •   AAFM
 Stephen Liestyo         Training and
                                               •     SMR COMMISSIONER                   •    Jakarta, July 09, 2024    •   IRPA & BSMR
 (Member)                Workshop
                                                     RECERTIFICATION                    •    Jakarta, Oct 04, 2024     •   OPPA ACADEMY
                                               •     KOREAN LANGUAGE TRAINING           •    Jakarta, Nov 05, 2024     •   Rinto Teguh
                                               •     ONLINE APU PPT FOR EXECUTIVE       •    Jakarta, Dec 11, 2024     •   FKDKP
                                               •     FKDKP WEBINAR
                                               •     SMR CERTIFICATION LEVEL 6                                         •   MAISA EDUKASI &
                                                     (PROVISION)                        •    Jakarta, Oct 14, 2024         LSPP
 Togar Natigor
                         Training              •     ONLINE APU PPT FOR EXECUTIVE       •    Jakarta, Nov 05, 2024     •   Rinto Teguh
 Siregar (Member)
                                               •     SMR CERTIFICATION J7               •    Jakarta, Nov 19, 2024     •   MAISA EDUKASI &
                                                     (PROVISION)                                                           LSPP
 Rahardja                                      •     ONLINE APU PPT FOR EXECUTIVE                                      •   Rinto Teguh
                                                                                        •    Jakarta, Nov 05, 2024
 Alimhamzah              Training              •     SMR J7 CERTIFICATION                                              •   MAISA EDUKASI &
                                                                                        •    Jakarta, Nov 19, 2024
 (Member)                                            (PROVISION)                                                           LSPP

Independence of Risk Monitoring Committee Members

All members of the Risk Monitoring Committee who are independent parties have no financial, management, share ownership and/or
family relationships with the Board of Commissioners, Directors and/or Controlling Shareholders or relationships with banks, which
could affect their ability to act independently.




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          Corporate Governance



                                                                                                          Togar
                                                      Tippy     Jerry       Nanang         Stephen                        Rahardja
             Independence Aspect                     Joesoef   Marmen      Supriyatno      Liestyo
                                                                                                         Natigor
                                                                                                                        Alimhamzah
                                                                                                         Siregar
 Has no financial relationship with the Board of
                                                       √         √             √               √            √                √
 Commissioners and Directors
 Has no management relationship in the company,
                                                       √         √             √               √            √                √
 its subsidiaries, or affiliated companies
 Does not have family relations with the Board of
 Commissioners, Directors, and/or fellow members
                                                       √         √             √               √            √                √
 of the Nomination, Remuneration, and GCG
 Committee
 Does not serve as a manager of political parties,
                                                       √         √             √               √            √                √
 officials and government
 Has no financial relationship with the Board of
                                                       √         √             √               √            √                √
 Commissioners and Directors



Duties and Responsibilities

The Risk Monitoring Committee has the main responsibility in supporting the Board of Commissioners in carrying out an effective
supervisory function over the Board of Directorsin managing the company. They act in accordance with the principles of Good Corporate
Governance, especially those relating to risk management.

The main duty of this committee is to provide professional opinions on reports or problems submitted by the Board of Directors to
the Board of Commissioners. The Risk Monitoring Committee carries out a comprehensive evaluation of the policies, procedures and
risk management practices
implemented by the Board of Directors.

Apart from that, the Risk Monitoring Committee is also tasked with identifying matters that require special attention from the Board of
Commissioners, especially those related to the risks faced by the company. Thus, the Risk Monitoring Committee plays an important
role in ensuring that risk management in the company runs in accordance with established standards and can identify and handle
risks that may affect the company’s performance and business continuity effectively.

In addition to these duties and responsibilities, the Risk Monitoring Committee is required to:
1. Create a work program or annual plan for the Risk Monitoring Committee and send it to the Board of Commissioners for approval;
2. Evaluate the suitability of risk management policies with the implementation of Company policies;
3. Monitor and evaluate the implementation of the duties of the risk management committee and risk management work unit;
4. Evaluate the Company’s risk management policies at least once a year together with the Board of Commissioners;
5. Evaluate the implementation of the Company’s risk management policies at least once every 3 months with the Board of
    Commissioners;
6. Evaluate the Governance Implementation Self Assessment Report;
7. Create, review, and update the Risk Monitoring Committee Work Guidelines and Rules of Conduct periodically;
8. Carry out other tasks assigned by the Board of Commissioners to the Risk Monitoring Committee in accordance with its duties
    and functions from time to time as needed.

Authority of the Risk Monitoring Committee

In accordance with the Work Guidelines and Rules that have been established in carrying out its duties and responsibilities, the Risk
Monitoring Committee has the authority to:
1. In accordance with the Work Guidelines and Rules that have been established in carrying out its duties and responsibilities, the
    Risk Monitoring Committee has the authority to:
    a. Company parties (including Company employees);
    b. Other interested parties.
2. Obtain input and/or suggestions from parties outside the Company related to their duties.




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Page 391
Risk Monitoring Committee Meeting

The Risk Monitoring Committee meeting must be held at least 4 (four) times a year, in accordance with the regulations contained in
the KB Bank Risk Monitoring Committee Guidelines for 2019. The following are details of the Risk Monitoring Committee meetings
throughout 2024 (the composition of the Risk Monitoring Committee based on Decree No. 069 of 2024, dated May 15, 2024):


                                                                                     Attendance

     Date                    Agenda                                                                       Togar
                                                    Tippy     Jerry   Seng Hyup    Nanang      Stephen                Rahardja
                                                                                                         Natigor
                                                   Joesoef   Marmen      Shin     Supriyatno   Liestyo              Alimhamzah
                                                                                                         Siregar
                •     Update on SAM Progress
                      Collection;
                •     Discussion of OJK Progress
 January 5,           Follow Up Findings;
                                                     √         √          -           x           √        √             √
 2024           •     Discussion of Bank KB
                      Bukopin Risk Profile
                      Assessment Report
                      November 2023.
                •     Discussion of CIF Update
                      and Cleansing Data;
                •     Discussion of Follow-up
                      - Request from the Risk
 January 25,          Monitoring Committee
                                                     √         √          -           √           √        √             √
 2024                 dated January 5, 2024;
                •     Discussion of Bank KB
                      Bukopin Risk Profile
                      Assessment Report Q4
                      2023
                •     Discussion of the Follow-
                      up Request from the Risk
                      Monitoring Committee
 February 29.
                      dated January 25, 2024         √         x          -           √           √        √             √
 2024
                •     b. Discussion of the Risk
                      Profile Assessment Report
                      for January 2024.
                •     Discussion of the Follow-
                      up Request from the Risk
                      Monitoring Committee
 March 28,
                      dated February 29, 2024.       √         x          -           √           √        √             √
 2024
                •     Discussion of the Risk
                      Profile Assessment Report
                      for February 2024.




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          Corporate Governance



                                                                                        Attendance

    Date                      Agenda                                                                         Togar
                                                       Tippy     Jerry   Seng Hyup    Nanang      Stephen               Rahardja
                                                                                                            Natigor
                                                      Joesoef   Marmen      Shin     Supriyatno   Liestyo             Alimhamzah
                                                                                                            Siregar
                 •     Discussion of the Follow-
                       up Request from the Risk
                       Monitoring Committee
                       dated March 28, 2024,
                       namely:
                       a. Update on the
                            Development of New
                            Regulations (OJK/BI).
                       b. Discussion of Credit
                            Quality and Adequacy
                            of CKPN After the End
                            of Covid-19 Relaxation.
                       c. Presentation by:
                            Financial Planning
                            Department Head
                       d. Discussion of DPD
April 25, 2024              Credit Monitoring.          √         √         √            √           √        √            √
                       e. Update on Fulfillment
                            of Critical Position
                            position in April 2024.
                       f. Credit Risk Mitigation
                            for Reducing RWA
                            Credit specifically for
                            Group Debtors and
                            Discussion of the
                            Causes of Differences
                            in Recording of
                            Channeling Credit at
                            KB Bukopin Finance.
                 •     Discussion of the Risk
                       Profile Assessment Report
                       for the First Quarter of
                       2024




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Page 393
                                                                                      Attendance

    Date                     Agenda                                                                        Togar
                                                     Tippy     Jerry   Seng Hyup    Nanang      Stephen               Rahardja
                                                                                                          Natigor
                                                    Joesoef   Marmen      Shin     Supriyatno   Liestyo             Alimhamzah
                                                                                                          Siregar
                •     Discussion of the Risk
                      Profile Assessment Report
                      for April 2024
                •     Discussion of the Follow-
                      up Request from the Risk
                      Monitoring Committee
                      dated April 25, 2024,
                      namely:
                      a. Update on the
                           Realization of the
                           formation of CKPN for
                           the position of April
                           2024.
                      b. Discussion of the
                           Action Plan Collection
                           & Settlement of
                           Covid 19 Restructured
                           Debtors.
                      c. PIC: SAM
May 30, 2024               Restructuring,             √         √         √            √           √        √            √
                           Performance
                           Management & Policy
                           Department Head
                      d. Update on the
                           Progress of the
                           Reconciliation of KB
                           Bank and KB Bukopin
                           Finance Mirroring
                           Data.
                      e. Update on the Plan for
                           Changes in Structure,
                           Especially related
                           to the Operational
                           Department.
                      f. Discussion of the Plan
                           to Add ATM Machines.
                      g. Discussion of
                           Monitoring of AYDA
                           and the formation of
                           CKPN for AYDA.
                •     Discussion of the Risk
                      Profile Assessment Report
                      for May 2024
                •     Discussion of the Follow-
                      up Request from the Risk
                      Monitoring Committee
                      dated May 30, 2024
                      a. Discussion of
                          the blueprint for
                          managing credit
                          guarantee documents
June 27, 2024             and/or security             √         √         √            √           √        √            √
                          documents
                      b. Discussion of the
                          evaluation of the
                          underwriting process
                          flow for credit
                          applications
                      c. Discussion of
                          Strategies for
                          Continuous
                          Improvement of
                          Insurance Business
                          Processes




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          Corporate Governance



                                                                                      Attendance

    Date                     Agenda                                                                        Togar
                                                     Tippy     Jerry   Seng Hyup    Nanang      Stephen               Rahardja
                                                                                                          Natigor
                                                    Joesoef   Marmen      Shin     Supriyatno   Liestyo             Alimhamzah
                                                                                                          Siregar
                •     Discussion of the Risk
                      Profile Assessment Report
                      for Semester I of 2024
                •     Discussion of the Follow-
                      up Request from the Risk
                      Monitoring Committee
                      dated June 27, 2024,
                      namely:
                      a. Discussion of the
                           Capital Management
                           Mandatory To Do List
                           Progress Update
July 25, 2024         b. 2. Discussion of the         √         √          x           √           √        √            √
                           Addition of RWA (Risk-
                           Weighted Assets)
                           to the Business
                           Dashboard to Address
                           Capital and Execution
                           Challenges
                      c. Discussion of the
                           Action Plan for
                           Document Deficiencies
                           and List of Pending
                           Credit Guarantee
                           Documents from Each
                           Business Unit
                •     Discussion of the Risk
                      Profile Assessment Report
                      for July 2024.
                •     Discussion of the Follow-
                      up Request from the Risk
                      Monitoring Committee
                      dated July 25, 2024,
                      namely:
August 29,            a. Discussion of
                           Increasing Risk            √         √          √           √           √        √            √
2024
                           Awareness and
                           Internal Control in
                           Fine Mitigation and
                           Root Cause Analysis
                           2021-2024.
                      b. Discussion of the
                           revamp of the credit
                           document discrepancy
                           policy.
                •     Discussion of the Risk
                      Profile Assessment Report
                      for August 2024.
                •     Discussion of the Follow-
                      up Request from the Risk
                      Monitoring Committee
                      dated August 29, 2024,
                      namely:
September 26,         a. Discussion of the
                           Post Approval Review       √         √          X           √           X        √            √
2024
                           Mortgage Process
                           and Evaluation of
                           Employee Adequacy in
                           the Risk Team.
                      b. Discussion of the
                           Impact and Mitigation
                           of Exchange Rates
                           on Market and Credit
                           Risk.




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Page 395
                                                                                          Attendance

     Date                    Agenda                                                                                Togar
                                                    Tippy      Jerry     Seng Hyup      Nanang       Stephen                   Rahardja
                                                                                                                  Natigor
                                                   Joesoef    Marmen        Shin       Supriyatno    Liestyo                 Alimhamzah
                                                                                                                  Siregar
                •     Request for
                      Recommendation for
                      Changes to Risk Appetite
                      Policy, Risk Management
 October 31,
                      Policy, and Capital            √          √           √              √            √           √            x
 2024
                      Management Policy
                •     Discussion of KB Bank Risk
                      Profile Assessment Report
                      for Quarter III of 2024
                Discussion of KB Bank Risk
 November 28,
                Profile Assessment Report in         √          √            X             √            √           √            √
 2024
                October 2024
                Discussion of KB Bank Risk
 December 19,
                Profile Assessment Report in         X          √            X             √            √           √            √
 2024
                November 2024

 Total          Number of Meetings                       13         13             9            13           13         13             13
                Attendance Rate                          12         11             5            12           12         13             13
                Average Attendance                    92%       85%              55%           92%          92%      100%            100%



Implementation of the Duties of the Risk Monitoring Committee

The Risk Monitoring Committee has an inseparable role in supporting the Board of Commissioners to ensure that the Company's risk
management is carried out in accordance with applicable principles. The main task of the Risk Monitoring Committee is to provide
assurance that risk management is conducted carefully and refers to proper standards, so that every company activity remains within
the framework of acceptable risk. The Risk Monitoring Committee is also responsible for monitoring and evaluating the implementation
of risk policies at the operational level.

In carrying out its role, the Risk Monitoring Committee regularly evaluates the Company's risk management system, ensuring that the
approach used in identifying, measuring, managing, and monitoring risks is in line with industry best practices. It aims to ensure that
the Company can continue to identify potential threats early on and manage them effectively as well as minimizing possible impacts.
In addition, the Risk Monitoring Committee also functions to ensure that the control measures implemented by the Board of Directors
are running well and providing optimal results in reducing risk.

With continuous monitoring, the Risk Monitoring Committee ensures that every step taken by the Company in managing risk remains
within a safe corridor. Through this important role, the Risk Monitoring Committee helps maintain the stability and sustainability of
the Company's operations, ensuring that the challenges faced can be overcome wisely.
Throughout 2024, the Risk Monitoring Committee has carried out various activities to implement the 2024 Work Program, including:
Pemantauan Risiko dengan melakukan review dan evaluasi atas berbagai laporan risiko dari Direktoran Kepatuhan dan Risiko yang
dilakukan secara Bulanan
1. Risk Monitoring by reviewing and evaluating various risk reports from the Compliance and Risk Directorate which are carried out
    monthly
2. Monitoring Meetings for the Risk Profile Report received from the Compliance and Risk Directorate are carried out quarterly
3. Participating in Seminars/Workshops or Training/Education Training activities held for each member of the Risk Monitoring Committee




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         Corporate Governance



Remuneration Policy and Amount for the Risk Monitoring Committee

   No.             Description                                                         Remark
                                          Given in accordance with the provisions of the Board of Commissioners' Decree No. SKEP/0005-
    1.    Salary/Honorarium
                                          DKOM/05/2018
    2.    Religious Holiday allowance     1 (one) time Wage
    3.    Education Allowance             1 (one) time basic salary/basic honorarium
                                          Given in accordance with the provisions of the Board of Commissioners' Decree No. SKEP/0005-
    4.    Utilities Allowance
                                          DKOM/05/2018
                                          Given in accordance with the provisions of the Board of Commissioners' Decree No. SKEP/0005-
    5.    Business Travel Facilities
                                          DKOM/05/2018
                                          Given in accordance with the provisions of the Board of Commissioners' Decree No. SKEP/0005-
    6.    Health Care Benefits
                                          DKOM/05/2018

                                          Given in accordance with the provisions of the Board of Commissioners' Decree No. SKEP/0005-
    7.    Bonus/Tantiem
                                          DKOM/05/2018 while still concerning to the fairness and capabilities of the Company


Committee for Integrated Governance
The Integrated Governance Committee, Financial Conglomerate is established to support the role of the Board of Commissioners in
ensuring the implementation of effective governance in the Company. The main focus of this committee is to evaluate the suitability
and effectiveness of internal control and the implementation of integrated compliance functions throughout the Company.

As part of its responsibilities, this Committee conducts a comprehensive evaluation of the Company's compliance with applicable
regulations and standards, and ensures that internal controls are implemented properly and appropriately. This Committee has a
duty to ensure that the compliance function is fully integrated into various aspects of the Company's operations.

With a comprehensive approach, the Integrated Governance Committee, Financial Conglomerate, plays a vital role in ensuring that the
Company remains in compliance with applicable regulations and that internal controls function in accordance with the principles of
good governance. It does not only reduce risks related to compliance, but also contributes to increased efficiency and effectiveness
in the Company's operations as a whole.

Legal Basis

1. Financial Services Authority Regulation no. 18/POJK.03/2014 dated November 18, 2014 concerning the Implementation of Integrated
   Governance for Financial Conglomerates;
2. Financial Services Authority Regulation no. 21/POJK.04/2015 dated November 16, 2015 concerning Implementation of Public
   Company Governance Guidelines;
3. Financial Services Authority Regulation no. 17 of 2023 concerning Implementation of Governance for Commercial Banks;
4. Financial Services Authority Circular No. 15/ SEOJK.03/2015 dated May 20, 2015 concerning the Implementation of Integrated
   Governance for Financial Conglomerates;
5. Decree of the Board of Commissioners of PT Bank Bukopin Tbk No. SKEP/016-KOM/VIII/2019 dated August 13, 2019 concerning
   Completion of the Formation of the Integrated Governance Committee of the PT Bank Bukopin Tbk Financial Conglomerate.

Work Guidelines/Charter for the Integrated Governance Committee

To ensure the effective implementation of Integrated Governance, the Financial Conglomerate has established structured and detailed
guidelines, following the provisions of the Financial Services Authority Regulation No. 18/POJK.03/2014. These guidelines are not just
rules, but also serve as an important reference for the Integrated Governance Committee in carrying out its roles and functions properly.

This document explains in depth the duties and responsibilities of the Integrated Governance Committee, as well as the authority
granted in managing and monitoring governance practices across all financial conglomerate entities. With these guidelines, it is
expected that a transparent and accountable oversight mechanism can be realized in the implementation of good governance.

Furthermore, these guidelines also provide practical guidance in terms of identifying, assessing, and managing various risks that
have the potential to affect the smooth implementation of Integrated Governance. Procedures related to reporting, discussion, and
follow-up on evaluation results are also an integral part of these guidelines, ensuring that there are concrete steps in addressing
findings or recommendations that arise.

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Page 397
                                                                           Criteria for Committee Members
Overall, the Guidelines and Work Procedures of the Integrated
Governance Committee aim to improve the effectiveness of                   The Integrated Governance Committee’s work guidelines and
governance implementation, while ensuring that every decision              regulations also state the membership requirements, including:
and action taken is within the corridor in accordance with                 1. The committee consists of at least:
applicable regulations. In this case, the guidelines have a very              a. Independent Commissioner who is Chair of one of the
important role in providing clear and precise direction for all                    committees of the Main Entity;
committee members.                                                            b. Independent Commissioners who represent and are
                                                                                   appointed by the LJK in the Financial Conglomerate whose
The following are the main points covered in the Guidelines                        number is adjusted to the needs;
and Work Procedures of the Integrated Governance Committee,                   c. Independent Party from Main Entity Committee Members
Financial Conglomerate:                                                            and Sharia Supervisory Board Members.
1. Committee Membership;                                                   2. The Committee is chaired by an Independent Commissioner
2. Committee Term of Office;                                                  who is Chair of one of the Main Entity committees.
3. Committee Authority and Responsibility;                                 3. Determination of Committee Members from each LJK in the
4. Committee Meetings;                                                        Financial Conglomeration is regulated in a separate decree
5. Reporting;                                                                 made and stipulated by each LJK Financial Conglomeration.
6. Self-Assessment                                                         4. Committee members are required to have good integrity,
                                                                              morals and character and have the ability, knowledge,
                                                                              experience in accordance with their field and be able to
                                                                              communicate well.
                                                                           5. Committee members are willing to continuously improve their
                                                                              competence through education and/or training.

                                                                           Term of Office Provisions

                                                                           The term of office of Committee members may not be longer than
                                                                           the term of office of the Board of Commissioners as regulated in
                                                                           the Articles of Association of each Entity and may be re-elected.

Membership Structure and Expertise

The composition and number of the Integrated Governance Committee members as of December 31, 2024, which has been approved
through the Decree of the Board of Directors No. 109 of 2024 dated September 12, 2024, are as follows:


                     Name                         Position in the Committee          Position in KB Bank                    Expertise
                                                                                                               Banking, GCG, and Financial
 Stephen Liestyo                                 Chairman                       Independent Commissioner
                                                                                                               Audit
 Hae Wang Lee                                    Member                         Independent Commissioner       Law
 Dinan Sufendi Rae                               Member                         Independent Party              Banking, GCG

Training for Integrated Governance Committee Members

                            Types of Education
 Name and Position             and Training
                                                          Education and Training Material            Place/Date              Administrator

                                                    •   KICK OFF RKA SKAI
                                                                                                                        •    Internal Training
                                                    •   WORKSHOP REFRESHER RKA SKAI            •    Jakarta, October
                                                                                                                        •    Internal Training
                                                    •   TRAINING ANTI CORRUPTION & ANTI             4, 2024
                                                                                                                        •    AAFM
 Stephen Liestyo                                        FRAUD                                  •    Jakarta, November
                          Training                                                                                      •    IRPA & BSMR
 (Chairman)                                         •   SMR COMMISSIONER RECERTIFICATION            5, 2024
                                                                                                                        •    OPPA ACADEMY
                                                    •   KOREAN LANGUAGE TRAINING               •    Jakarta, December
                                                                                                                        •    Rinto Teguh
                                                    •   ONLINE APU PPT FOR EXECUTIVE                11, 2024
                                                                                                                        •    FKDKP
                                                    •   FKDKP WEBINAR




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            Corporate Governance



                           Types of Education
 Name and Position            and Training
                                                         Education and Training Material               Place/Date                 Administrator

                                                                                                  •   Jakarta, July 19,
                                                                                                      2024
                                                    •    ANTI CORRUPTION AND ANTI FRAUD                                       •   AAFM
                                                                                                  •   Jakarta, July 9,
                                                         TRAINING                                                             •   IRPA & BSMR
 Hae Wang Lee                                                                                         2024
                          Training                  •    SMR COMMISSIONER RECERTIFICATION                                     •   Rinto Teguh
 (Member)                                                                                         •   Jakarta, November
                                                    •    ONLINE APU PPT FOR EXECUTIVE                                         •   Webinar FKDKP
                                                                                                      5, 2024
                                                    •    WEBINAR FKDKP
                                                                                                  •   Jakarta, December
                                                                                                      11, 2024
                                                                                                  •   Jakarta, July 9,
                                                    •    ANTI CORRUPTION AND ANTI FRAUD
                                                                                                      2024                    •   AAFM
 Dinan Sufendi Rae                                       TRAINING
                          Training                                                                •   Jakarta, November       •   Rinto Teguh
 (Member)                                           •    ONLINE APU PPT FOR EXECUTIVE
                                                                                                      5, 2024




Independence of Integrated Governance, Financial Congloromeration Committee Members

All members of the Integrated Governance Committee who come from independent parties do not have any financial, management,
share ownership and/or family relationships with the Board of Commissioners, Board of Directors and/or Controlling Shareholders
or relationships with banks, which may affect their ability to act independently.


                                                                                                                    Hae Wang
                                            Independence Aspect                                                       Lee
                                                                                                                                     Dinan Sufendi

 Has no financial relationship with the Board of Commissioners and Board of Directors                                     √                √
 Has no management relationship in the company, its subsidiaries, or affiliated companies                                 √                √
 Has no management relationship in the company, its subsidiaries, or affiliated companies                                 √                √
 Does not have family relations with the Board of Commissioners, Directors, and/ or fellow members of the
                                                                                                                          √                √
 Nomination, Remuneration and GCG Committee
 Does not serve as a manager of political parties, officials, and government                                              √                √



Profile of Integrated Governance Committee Members

Hae Wang Lee profile can be seen in the Board of Commissioners Profile section contained in this Annual Report book. The profile
of Dinan Sufendi Rae is as follows:



 Dinan Sufendi Rae
 Integrated Governance Committee Member
 Age                                         58 Years old
 Nationality                                 Indonesia
 Domicile                                    Bandung, Jawa Barat
                                             •    Master of Laws - LLM. International Trade and Banking Law, Bandung Law Institute (2017)
 Education                                   •    Bachelor of Laws - LLB. International Trade and Banking Law, Padjadjaran University (1990)
                                             •    Bachelor of International Relations. International Politics, Padjadjaran University (1988)
                                             •    Vice President, Legal and Compliance PT Bank Tabungan Pensiunan Nasional Tbk (2007-2013)
                                             •    Legal Counsel PT Perusahaan Pengelola Aset (Persero) (2004-2007)
                                             •    Assistant Vice President, Legal Commercial Division of the Indonesian Bank Restructuring Agency
 Work Experience
                                                  (IBRA) (1999-2004)
                                             •    Credit Manager PT Bank Subentra (BBO) (1992-1997)
                                             •    Legal Officer, Credit Support Department PT IBJ Indonesia Bank (1990-1991)
                                             •    Sr. Vice President/Risk Management Division Head Bank PT Bank Pembangunan Daerah Jawa
                                                  Barat dan Banten Tbk (2018-present)
 Concurrent Position
                                             •    Assistant Vice President PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk
                                                  (2013-present)
 Legal Basis of Appointment                  Board of Directors Decree No. 109 of 2024 dated September 12, 2024
 Qualification                               Banking, GCG



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Certifications Achieved by Committee Members

The Integrated Governance Committee is committed to continuously improving the capabilities and competencies of its members in
facing increasingly complex global challenges. Therefore, various education and training initiatives have been developed with the aim of
providing relevant knowledge and skills. One of the attempt is by providing certification programs that can improve the professionalism
of members, with broad recognition, both nationally and internationally. The following is a list of professional certifications that have
been successfully achieved by members of the Integrated Governance Committee until 2024.


            Name                   Position                 Integrated Governance Committee Professional Certification Types
 Stephen Liestyo                Chairman         Risk Management - Qualification VI
 Hae Wang Lee                   Member           Risk Management - Qualification VI
 Dinan Sufendi Rae              Member           Risk Management - Qualification VII



Duties and Responsibilities of the Integrated Governance Committee

The Integrated Financial Governance Committee has several duties and responsibilities as follows:
1. Evaluating the implementation of Integrated Governance at least through an assessment of the adequacy of internal control and
   the implementation of integrated compliance functions;
2. In conducting the evaluation, the Integrated Governance Committee, Financial Conglomerate obtains information in the form of
   evaluation results on the implementation of internal audits and compliance functions of each Financial Services Institution from
   members of the Board of Commissioners of each Financial Services Institution who are members of the Integrated Governance
   Committee, Financial Conglomerate;
3. Providing recommendations to the Board of Commissioners of PT Bank KB Bukopin Tbk as the Main Entity in the Financial
   Conglomerate for the improvement of the Integrated Governance Guidelines.

Authorities of Integrated Governance Committee

The following are the authorities of the Integrated Governance Committee:
1. The Integrated Governance Committee may request explanations or necessary information regarding employees, funds, assets,
   and other resources related to the implementation of its duties to the Financial Services Institutions in the financial conglomerate
   of PT Bank KB Bukopin Tbk, while still obeying the applicable regulations. The Committee is required to report the written results
   to the Board of Commissioners of the Main Entity;
2. Members of the Integrated Governance Committee are authorized to communicate directly with parties related to the duties of
   the Integrated Governance Committee;
3. To carry out its duties, the Integrated Governance Committee may cooperate or coordinate with the Committees under the Board
   of Commissioners of other Main Entities, as well as relevant divisions/units/work units in the Main Entity or in other Financial
   Services Institutions in the Financial Conglomerate of PT Bank KB Bukopin Tbk

Integrated Governance Committee Meeting

The following are the details of the Integrated Governance Committee meetings throughout 2024 (the composition of the Integrated
Governance Committee based on Decree No. 109 of 2024, dated September 12, 2024):




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          Corporate Governance



                                                                                                    Attendance
     Date                      Agenda                    Sukriansyah        Tippy         Stephen         Eugene K.       Hae Wang      Dinan
                                                           S. Latief       Joesoef        Liestyo         Galbraith         Lee      Sufendi Rae
                •     Discussion of matters arising
                      from the previous meeting,
                      namely November 22, 2023
                      a. Update on the progress of
                           follow-up from KBBS and
                           KBBF on Internal Audit
                           findings and OJK Audit
                           Results for 2023.
                      b. b. Update on the progress
                           related to changes/
                           adjustments to AML
                           policies at KBBS and KBBF.
                      c. Update on the progress
                           related to the plan to sell
 May 30, 2024              KBBF to KB Capital.           √             √              -               √               √              √
                      d. Update on the use of the
                           former Antapani KCP office
                           by KBBS.
                      e. Update on the progress
                           of the use of funds for
                           Capital Deposits to KBBS.
                •     Discussion of the Financial
                      Group Report and GRC
                      Implementation for Semester
                      II 2023
                •     Discussion of KB Bank's
                      Strategic Financial Group Issue
                      for 2023 and Action Plan for
                      2024.
                •     Pembahasan Laporan Financial
                      Group dan Implementasi GRC
                      Semester I 2024
 August 22,
                •     Pembahasan Strategic               -             -              √               -               √              √
 2024
                      Financial Group Issue KB Bank
                      dan Action Plan Semester I
                      tahun 2024
                Discussion of PT Bank KB Bukopin
 November 21,
                Tbk Stress Test Report on a              -             -              -               √               √              √
 2024
                Consolidated Basis
                                                              x= absent/v = present




Implementation of the Duties of the Integrated Governance Committee

In 2024, the Integrated Governance Committee has carried out its duties with full responsibility. With a composition of members who
meet the requirements in accordance with statutory provisions and maintain independence, this committee has carried out various
activities that support the implementation of good and sustainable governance. The duties and responsibilities that have been
carried out are as follows:
1. Evaluating the implementation of Integrated Governance by assessing the implementation of the Compliance Function at each
    Financial Services Institution (LJK) in the Financial Conglomerate and ensuring the adequacy of internal control carried out by
    the Integrated Internal Audit Work Unit
2. Providing recommendations to the Board of Commissioners of the Main Entity for the improvement of the Integrated Governance
    Guidelines
3. Coordinating with the Financial Conglomerate organs, namely the Integrated Compliance Work Unit (SKKT), Integrated Internal
    Audit Work Unit (SKAIT) and Integrated Risk Management Work Unit




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Evaluation of Board of Commissioners Committee Performance in 2024
The Board of Commissioners plays an important role in monitoring and directing the Company's policies by involving supporting
committees that function to improve the effectiveness and accountability of the Company's operations. Each committee has clear
work guidelines, which allow the implementation of tasks to run in a focused and measurable manner. The committees under the
Board of Commissioners include the Audit Committee, the Risk Monitoring Committee, the Remuneration and Nomination Committee,
and the Integrated Governance Committee.

The Board of Commissioners has assessed that these committees have successfully carried out their functions, duties, and responsibilities
well, which is reflected in two main things:
1. Achievement of all Committee Work Plans/Programs established in early 2024;
2. Implementation of Committee Meetings and the level of attendance of Committee members

The implementation of the plans and work programs of the committees is carried out through a series of meetings involving the
relevant Directorates, followed by an in-depth evaluation outside the meeting. The results of each meeting are then submitted in
writing to the Board of Commissioners for follow-up.

The Audit Committee carries out its functions by providing professional opinions on financial statements, checking compliance with
applicable regulations, and evaluating the performance of external auditors. Meanwhile, the Nomination and Remuneration Committee
focuses on policies related to nomination and remuneration for members of the Board of Directors and Board of Commissioners in
accordance with applicable regulations.

The Risk Monitoring Committee is tasked with ensuring continuous improvement in the Company's risk management, while the
Integrated Governance Committee focuses on evaluating the implementation of good governance principles at all levels of the Company.

The Board of Commissioners periodically evaluates the performance of these committees, and in 2024, the performance of the
committees was considered to be running well, based on the frequency of meetings, attendance, and reports submitted.




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             Corporate Governance




COMMITTEES UNDER THE BOARD OF DIRECTORS


To ensure smooth operations and compliance with applicable            supervision, the Risk Management Committee contributes to
regulations, KB Bank has 4 (four) committees under the Board of       ensuring that the bank can continue to manage risk effectively and
Directors that have important roles in supporting various policies    ensure that good governance practices continue to run optimally.
and strategies of the Company. These committees are formed in
accordance with the provisions stipulated by the OJK including:       Committee Guidelines
1. Risk Management Committee;                                         The Company's Risk Management Committee has been ratified
2. Credit Committee;                                                  based on the Decree of the Board of Directors No. 0156 of 2022
3. Assets And Liabilities Committee (ALCO);                           dated December 30, 2022 concerning the Risk Management
4. Information Technology System Steering Committee;                  Committee Charter. In addition, the establishment of this Risk
                                                                      Management Committee is also based on:
                                                                      1. POJK No. 18/POJK.03/2016 dated March 16, 2016 concerning the
Risk Management Committee                                                Implementation of Risk Management for Commercial Banks;
                                                                      2. SEOJK No. 34/SEOJK.03/2016 dated September 1, 2016
The Risk Management Committee in the Company is crucial in risk          concerning the Implementation of Risk Management for
management covering various aspects such as Credit, Operational,         Commercial Banks;
Market, Liquidity, Compliance, Strategic, Legal, and Reputation.      3. POJK No. No. 17 of 2023 concerning the Implementation of
The Risk Management Committee is responsible for conducting              Governance for Commercial Banks;
periodic evaluations of the policies and procedures implemented       4. SEOJK No. 13/SEOJK.03/2017 dated March 17, 2017 concerning
in risk management, as well as ensuring that the steps taken are         the Implementation of Governance for Commercial Banks;
in accordance with applicable regulations. Through systematic         5. Risk Management Policy of PT Bank KB Bukopin Tbk;
                                                                      6. Decree No. 0110 of 2022 dated September 30, 2022 concerning
                                                                         Improvement of the Organizational Structure of PT Bank KB
                                                                         Bukopin Tbk;
                                                                      7. Articles of Association of PT Bank KB Bukopin Tbk.



Committee Member Structure
The Risk Management Committee membership consists of various parties who have competence, such as Division Head, Department
Head, Regional Head, and/or other parties relevant to the meeting topic. Committee meetings can be held with the presence of the
Committee Chair or Alternate Chair, and a minimum of 51% of permanent members to achieve a quorum. Meetings can be held in
person or online, so it can be more flexible in communicating; hence, ensuring risk management to run effectively and efficiently.


                                             Risk Management Committee Structure
 Chairman (also member)                                President Director
 Substitute Chairman (also member)                     Director of Compliance & Risk Management
 Secretary                                             Enterprise Risk Management Department Head
 Permanent Member                                      Directors
                                                       Division Head, Department Head, Regional Head and/or other parties who are related
 Invitee
                                                       to the topic of the meeting


Duties, Authorities, and Responsibilities
The duties, authorities and responsibilities of the Risk Management Committee include the following:
1. Recommend and/or approve the preparation of risk management frameworks, policies, and procedures as well as changes thereto,
   including risk management strategies, determining limits along with determining the level of risk taken and risk tolerance, as well
   as contingency plans to anticipate the occurrence of abnormal conditions.
2. Improvement of the risk management process periodically or incidentally as a result of changes in the Bank’s external and internal
   conditions which affect the Bank’s capital adequacy, risk profile, and ineffective implementation of risk management based on
   evaluation results.


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Page 403
3. Determination of policies and/or business decisions that              9. Ensure that all business and operational activities are in line
   deviate from normal procedures, such as exceeding significant             with applicable regulations, risk policies, and procedures,
   business expansion compared to the Bank’s previously                      with approval and monitoring of exceptions, deviations and
   determined business plan or taking risk positions/exposures               violations that may occur.
   that exceed predetermined limits.                                     10. Assessment of various existing and emerging risks faced by
4. Conduct regular discussions or reports on the Bank’s risk                 the Bank, including (but not limited to)):
   profile before the risk profile report is submitted to the                a. Credit Risk,
   Regulator.                                                                b. Market and Liquidity Risk;
5. Develop a risk awareness culture and foster commitment to                 c. Operational Risks including Fraud;
   managing risk bankwide.                                                   d. Reputation Risk;
6. Conduct discussions regarding risk appetite, as well as                   e. Information Security and Information Technology Risks;
   monitor and manage the Bank’s risks so that they are within               f. Legal and Litigation Risk;
   predetermined risk limits.                                                g. Compliance Risk;
7. Conduct a study of the Stress Test including scenarios,                   h. Strategic Risk;
   assumptions, methodology, results and risk mitigation follow-             i. Other significant risk issues (beyond those mentioned
   up to be carried out, as well as contingency plans if necessary.              above) periodically.
8. Ensure good corporate governance in the implementation                11. Implementation of risk management processes and
   of risk management, with an appropriate framework for                     improvements in line with external and internal changes
   timely identification, measurement and escalation of risks,               that can affect the capital adequacy ratio by assessing and
   and approval of exposure to related parties as well as policy             evaluating the Bank’s internal capital adequacy, to ensure the
   deviations and/or business decisions.                                     Bank has sufficient capital based on its risk profile.
                                                                         12. Monitor and evaluate the performance of the Risk Management
                                                                             Division.



Implementation of Duties and Frequency of Committee Meeting
The Risk Management Committee is responsible for conducting regular evaluations of the risk profile and issues related to its
management. Therefore, meetings are held at least 4 (four) times in 1 (one) year with discussion agendas including risk profile reports,
as well as issues related to risk management implementation activities, namely identification, measurement, monitoring and control.
Risk Management Committee meetings can be held offline or in person or online and/or hybrid, held if attended by the Committee
Chairperson/Alternate Chairperson (if the Committee Chairperson is unable to attend) and at least 51% (fifty one percent) of the quorum
of the total number of permanent members (Board of Directors including the Committee Chairperson and Alternate Chairperson) both
face-to-face and/or online. This approach ensures consistent evaluation and informed decision making.

Throughout 2024, the Risk Management Committee has held eleven meetings both offline and online with the following agendas:
     No.               Date                                                           Agenda
                                     •   Matters Arrising from previous RMC (information).
 1         January 17, 2024          •   Q4-2023 Risk Profile Report (approval).
                                     •   Strengthening NSFR Management (information)
                                     •   Matters Arriving from previous RMC (information).
                                     •   Quarterly Credit, Market & Liquidity Stress Test (Q4 2023) (approval).
                                     •   Monitoring of RWA Limit Pilot Project (approval).
 2         February 21, 2024
                                     •   Plan to update Business Continuity Management (BCM) policy (approval).
                                     •   Liquidity Strengthening Management (information).
                                     •   Monthly Risk Report January 2024 (information)
                                     •   Q1 2024 Risk Profile Report (approval).
 3         April 24, 2024
                                     •   Strengthening NSFR Management (information)
                                     •   Bottom Up Stress Test Period March 2024 (approval).
                                     •   Stress Test Quarter 1 2024 (approval).
 4         May 29, 2024
                                     •   Liquidity Strengthening Management April 2024 (information).
                                     •   Monthly Risk Report April 2024 (information)
                                     •   ICAAP (Capital Management) – (approval).
 5         June 25, 2024             •   Credit Examination (report).
                                     •   Monthly Risk Report May 2024 (information)
                                     •   Individual Risk Profile Report Q2 2024 (approval).
                                     •   KPMM Report based on Q2-2024 Risk Profile (approval).
 6         July 17, 2024
                                     •   Follow-up on Credit RWA Optimization (information).
                                     •   Strengthening Liquidity Management (information)



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              Corporate Governance




     No.                    Date                                                                         Agenda
                                                      •     Market Stress Test & Liquidity Q2 2024 (approval).
                                                      •     Credit Examination Semester I 2024 (information).
 7          August 21, 2024
                                                      •     Liquidity Strengthening Management August 2024 (information).
                                                      •     Monthly Risk Report July 2024 (information)
                                                      •     Matters Arising from previous RMC (information).
                                                      •     Policy Changes (approval).
 8          24 September 2024
                                                      •     Capital Management (information).
                                                      •     Liquidity Strengthening Management September 2024 (information)
                                                      •     Risk Profile Report Q3 2024 (approval).
 9          October 14, 2024                          •     Liquidity Strengthening Management October 2024 (information).
                                                      •     Matter Arising Related to Collateral File Storage & Credit Documents (information)
                                                      •     Market Stress Test & Liquidity Q3 2024 (approval).
                                                      •     Capital Management (information).
 10         November 22, 2024
                                                      •     Liquidity Strengthening Management November 2024 (information).
                                                      •     Risk Report October 2024 (information)
                                                      •     Matters Arrising from previous RMC (information).
 11         December 18, 2024
                                                      •     Risk Appetite Limit – ICAAP Management (approval

During 2024, the Risk Management Committee has held 11 (eleven) meetings. The following is the meeting attendance list of the Risk
Management Committee members:


              Name of the Director/Participant/Position                                   Number of Obligatory Meetings              Number of Attendance
 Lee Woo Yeul/President Director                                                                          11                                     4
 Robby Mondong/Vice President Director                                                                    11                                     6
 Jung Ho Han/Finance Director*                                                                            11                                     9
 JangHyuk Im / Finance Director**                                                                          1                                     0
 Yohanes Suhardi/Wholesale & SME Banking Director**                                                       6                                      3
 Dodi Widjajanto/Compliance & Risk Director                                                               11                                     10
 Helmi Fahrudin/Retail & Operations Director                                                              11                                     8
 Henry Sawali/Credit Group Director                                                                       11                                     10
 Jung Ho Han/Strategic Director                                                                           11                                     9
 Jung Ho Han/ IT & Digital Director****                                                                   6                                      1
 Young Eun Moon*****                                                                                      4                                      1
 *) Served as the Bank Alternate Director of Finance as of January 17, 2024
 **) Served as the Bank Director of Finance as of December 16, 2024
 ***) No longer serve as Director of the Bank as of June 28, 2024
 ****) Served as Alternate Director of IT & Digital of the Bank as of July 1, 2024
 *****) No longer serve as Director of the Bank as of June 28, 2024


Risk Management Committee Performance Assessment by the Board of Directors
Throughout 2024, the Risk Management Committee has shown solid performance in supporting the Company's risk management.
The Board of Directors appreciates the ongoing efforts in improving the quality of the materials presented and the quick response
to various concerns and input from committee members. It reflects a strong commitment to keep improving the risk management
system to support the achievement of the Company's goals.

Credit Committee
Credit Committee is an institution that has the task of evaluating, considering, and having the authority to provide decisions (approval
or rejection) on Credit applications submitted by (potential) Debtors to the Bank, taking into account the development of the Bank’s
Credit Committee can be done through:
1. Meeting
2. Circulate

Approving/rejecting KB Bank Credit is carried out in the Credit Committee Institution according to its segments consisting of:
1. Corporate & Korean Link Credit
2. Commercial Credit,


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Page 405
3.   SME Credit,                                                             e. Ensure that the implementation of Credit granting is in
4.   Retail Credit                                                              accordance with the KPB and the Credit or Financing
5.   Financial Institution (FI),                                                Implementation Guidelines;
6.   Limit Supply Chain Finance,
7.   Credit managed by Special Asset Management (SAM)                        Making decisions on credit eligibility should be based on
8.   Other Credit                                                            these following principles :
                                                                             a. Integrity & Honesty
Committee Guidelines                                                         b. Professionalism
                                                                             c. Competence
The Company's Credit Committee Guidelines are ratified through               d. Independence
Policy No. SK 032 Version 3.0 of 2024 Concerning the Institution             e. Objectivity
and Authority of the Credit Committee of PT. Bank KB Bukopin, Tbk            f. Principle of Bank prudence (prudential banking)
for the Corporate, Commercial, and SME segments and Policy No.               g. Provisions on healthy credit requirements and Bank
257 Concerning the Institution and Authority of the Retail Credit               Operational provisions.
Committee of PT. Bank KB Bukopin, Tbk
                                                                         Credit Committee Institution Membership
1. Credit Committee Institution has a function among others:             Credit Committee institution Membership can be appointed,
   a. Deciding on the provision of Credit (new, additional,              assigned or changed by the Board of Directors based on a Decree
       reduction, change of terms and/or extension) managed              of the Board of Directors, including through this Decree of the
       by the Business Unit according to the authority limit,            Board of Directors. Officials/Positions mentioned in this Decree
       including the determination/change of Credit structure in         of the Board of Directors, do not need to submit an application
       the Non-Restructure category, Credit Structure including          to become members of the Credit Committee with or without the
       but not limited to Credit limit, purpose/object of financing,     authority to decide on Credit.
       type of Credit, nature of Credit, Credit term, portion of         1. The participants of credit committee institution:
       financing, Credit terms/covenant, and collateral.                     a. Chairman/Chairperson of the Credit Committee
   b. Deciding on actions taken by the Bank in the context                       A Credit Committee participant who plays a role in leading
       of Credit Repair, Recovery, and settlement, both Credit                   the Credit Committee meeting based on the Committee
       Repair, Recovery and Settlement that are still under the                  class is also included as a Credit Committee Member with
       management of the Business Unit and Credit Repair,                        the authority to decide on Credit.
       Recovery or settlement managed by the Business Unit                   b. Credit Committee Member with the authority to decide
       or Special Asset Management (SAM).                                        on Credit
   In terms of granting Credit decisions, the Credit committee                   A Credit Committee participant who has the right to vote
   institution must at least fulfill the following matters:                      in making decisions on approval, rejection or abstention
   a. Provide approval or rejection of Credit or Financing                       on Credit applications submitted by the committee.
       according to the authority limit or type of Credit or                 c. Credit Committee Member without the authority to decide
       Financing determined by the board of directors; and                       on Credit (non-voting members)
   b. Coordinate with the Assets and Liabilities Committee                       A Credit Committee participant who does not have the
       (ALCO) in the aspect of Credit or Financing funding. In the               right to vote in making decisions on approval or rejection
       event that ALCO does not yet exist, the Credit Committee                  of submitted Credit applications.
       must evaluate the funding aspects of the Credit or                    d. Credit Committee Management
       Financing and periodically report in writing to the Board                 A Credit Committee participant who plays a role or
       of Directors.                                                             functions as the secretary of the Credit Committee
   c. If necessary, it can coordinate with units/functions within                where in the implementation of the Credit Committee
       the Bank related to its competence                                        the Credit Committee management function is included
                                                                                 as a Committee Member without the authority to decide.
2. Duties and Responsibilities of the Credit Committee:                      e. Minutes taker/Notary
   a. Carry out tasks especially in the process of granting Credit               A Credit Committee member without the authority to
      approval based on their competence honestly, objectively,                  decide on Credit who is appointed and tasked with
      carefully, and thoroughly; and                                             documenting/making minutes at the Credit Committee
   b. Reject requests and/or influences from interested parties                  meeting. Minutes at the committee meeting are made
      with Credit applicants to grant Credit or Financing approval               by an official at the Manager level from the Credit Group.
      that is merely a formality.                                                Furthermore, this matter refers to the provisions stipulated
   c. Ensure that every Credit granted has complied with                         by the Credit Group.
      banking provisions and is in accordance with sound credit              f. Presenter
      principles;                                                                Presenter Is a work unit/individual member of the Credit
   d. Members of the Credit Committee are responsible for the                    Committee whose function is to present the results of the
      quality of Credit eligibility at the time the Credit application           Credit Analysis to the Credit Committee.
      is decided.


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          Corporate Governance



   g. Invited Credit Committee Members                                            the authority to decide on Credit in accordance with
      Credit Committee members who are not members of the                         the level of limitation and authority regulated in the
      Credit Committee may attend or participate in the Credit                    policy attachment.
      Committee if invited and their presence is required by                vi) Division Head Special Asset Management
      the Chairman through the Credit Committee Secretary.                        Acts as Chairman of the Credit Committee on the
      The participant's role is to provide opinions, additional                   Restructuring Credit Committee managed at SAM,
      information, and explanations according to their capacity                   the Credit Settlement Committee managed at SAM,
      and competence as considerations for deciding on the                        AYDA sales committee, WO collection committee and
      Credit for the Credit that is being committed.                              participates as a member of the committee with the
   h. Credit Committee Recommendator                                              authority to decide on Credit in accordance with the
      A recommender is a member of the Credit Committee                           level of limitation and authority regulated in the policy
      without the authority to decide/vote who recommends                         attachment.
      granting Credit to members of the Credit Committee based              vii) Department Head Corporate & Korean Link Credit
      on the results of the analysis of business proposals and                    Analyst
      Credit Analyst Memorandums (CAMs). The recommender                          Acts as Chairman of the Credit Committee on the New/
      is responsible for the recommendation for granting                          Top Up/Extension/Change Restructuring committee
      Credit and the accuracy of the information submitted.                       and participates as a member of the committee with
      Business proposals, SAM Proposals (for Credit managed                       the authority to decide on Credit in accordance with
      by SAM) and Credit Analyst Memorandums (CAMs) or                            the level of limitation and authority regulated in the
      Documents applicable in the Credit Group must receive                       policy attachment.
      recommendations and be signed by the recommender                      viii) Department Head Commercial Credit Analyst
      from both the business function and the Credit function                     Acts as Chairman of the Credit Committee on the New/
      as part of the first line of defense principle.                             Top Up/Extension/Restructuring Changes Committee
2. Roles and Functions of PT Bank KB Bukopin Tbk Officials in                     and participates as a member of the committee with
   Credit Committee                                                               the authority to decide on Credit in accordance with
   a. Credit Committee Chairman                                                   the level of limitation and authority stipulated in the
      i) Credit Director                                                          policy attachment.
           Acts as Chairman of the Credit Committee at the                  ix) Department Head CRC
           Director level or on the Board of Directors Committee,                 Acts as Chairman of the Credit Committee on the New/
           and participates as a member of the Committee with                     Top Up/ Extension/Changes Credit Committee and R&R
           the authority to decide on Credit at the Director and                  Committee Meeting and participates as a member of
           Board of Directors levels.                                             the committee with the authority to decide on Credit
      ii) SAM SEVP                                                                in accordance with the level of limitation and authority
           Acts as Chairman of the Credit Restructuring Committee,                stipulated in the Policy attachment.
           Credit Settlement Committee, AYDA Sales Committee,               x) Department Head SAM Restructuring, Performance
           WO Collection Committee, Auction Limit Committee                       Management & Policy
           and participates as a member of the committee with                     Acts as Chairman of the Credit Committee on the Credit
           the authority to decide on Credit in accordance with                   Restructuring Committee and the Credit Settlement
           the level of limitation and authority regulated in the                 Committee and participates as a member of the
           policy attachment.                                                     committee with the authority to decide on Credit in
      iii) Division Head Corporate & Korean Link Credit                           accordance with the level of limitation and authority
           Underwriting                                                           stipulated in the Policy attachment.
           Acts as Chairman of the Credit Committee on the new              xi) Department Head SAM SME Region
           Credit/top up/extension/Change, R&R committee and                      Acts as Chairman of the Credit Committee on the
           participates as a member of the committee with the                     Credit Restructuring Committee and participates as a
           authority to decide on Credit in accordance with the                   member of the committee with the authority to decide
           level of limitation and authority regulated in the policy              on Credit in accordance with the level of limitation
           attachment.                                                            and authority stipulated in the Policy attachment.
      iv) Division Head Commercial Credit Underwriting                      xii) Department Head AYDA/Write-off Assets Sales
           Acts as Chairman of the Credit Committee on the new                    Acts as Chairman of the Credit Committee on the
           Credit/top up/extension/Change, R&R committee and                      AYDA Sales Committee and serves as a member of the
           participates as a member of the committee with the                     committee with the authority to decide in accordance
           authority to decide on Credit in accordance with the                   with the level of limitations and authority as stated
           level of limitation and authority regulated in the policy              in the policy attachment
           attachment.                                                   b. Members of the Credit Committee with the authority to
      v) Division Head SME Credit Underwriting                              decide institutionally/Forum/group/Credit ommittee
           Acts as Chairman of the Credit Committee on the New              based on the level of authority limit determined and
           Credit/Top Up/ Extension/Change, R&R committee                   regulated by the Board of Directors
           and participates as a member of the committee with

Annual Report     2024                                             406                                          PT Bank KB Bukopin Tbk
Page 407
       i)  Board of Directors                                           d. Members of the Credit Committee without the authority
           • Vice President Director                                       to decide on Credit
           • Retail Business Director;                                     i) 1. President Director
           • Credit Director;                                              ii) 2. Director of Risk & Compliance
           • Finance Director;                                             iii) 3. Secretary of the Credit Committee
           • Strategy Director;                                            iv) 4. Invited Credit Committee Participants
           • IT & Digital Director                                         v) 5. Recommendator Function
           The number of Directors who are counted as members
           of the Credit Committee are Directors who have OJK       Types of Credit Committee Institution
           permits.                                                 Credit Committee institution consists of several committee types
      ii) Credit Function                                           based on their function, such as:
           • SEVP SAM                                               1. Credit Committee for New and Existing Credit
           • Division Head Corporate & Korean Link Credit              The function is to evaluate, consider, and authorized to
               Underwriting                                            decide on the eligibility of a credit application and the credit
           • Division Head SME & Commercial Credit                     requirements submitted at the time of the Credit Committee
               Underwriting                                            for a Credit Proposal or Credit application or new, additional
           • Division Head SAM                                         and/or extension credit application, including (determination,
           • Department Head Corporate & Korean Link Credit            arrangement, change, deletion, exemption).
               Analyst;                                             2. Rescheduling & Restructuring (R&R) Committee and Credit
           • Department Head Commercial Credit Analyst                 Restructuring Committee
           • CRC Department Head;                                      a. In line with the bank effort to improve credit activities,
           • Department Head SAM Restructuring, Performance                 the Reschedule and Restructure (R&R) Committee has a
               Management & Policy;                                         function to make improvements in credit activities or assist
           • Department Head SAM SME Region;                                Debtors who perform well but are potentially exposed
           • Department Head SAM Wholesale;                                 to problematic credit with the aim that the debtor can
           • Department Head SAM Channeling, Join Financing,                maintain their good performance.
               & Swamitra                                              b. The Credit Restructuring Committee functions to
           • Department Head AYDA/Write-off Assets Sale;                    make decision in the context of credit recovery for
           • Department Head Bulk Auction                                   all segments in terms of evaluating, considering, and
           • Department Head Retail Collection                              having the authority to decide on the eligibility of a Credit
           • Manager Regional SME Credit Analyst (CRC                       Restructuring application submitted for a Debtor Portfolio
               Manager);                                                    managed by a Business Unit or a portfolio managed by
           • Manager SAM                                                    the SAM function which will be further regulated in the
      iii) Business Functions                                               policy attachment.
           • SEVP Sales Distribution                                3. Restructuring & Settlement (R&S) Committee and Problematic
           • Division Head Corporate Business;                         Credit Settlement Committee:
           • Division Head Korean Link Business;                       a. Restructuring & Settlement (R&S) Committee
           • Division Head Commercial Business;                             Has a function for decision-making in the context of Credit
           • Division Head Treasury and International Banking;              Restructuring/Settlement with DPD ≤ 90 days (BAST has not
           • Division Head Finance;                                         been carried out to SAM) or decision-making on Debtors
           • Division Head SME Business;                                    who no longer have business prospects to be managed by
           • Department Head Corporate Business;                            SAM and later SAM will take steps to handle problematic
           • Department Head Korean Link Business;                          credit in accordance with applicable provisions.
           • Department Head Commercial Business                       b. Credit Settlement Committee
           • SME Area Head                                                  Functions to make decisions in the context of resolving
           • BSSM                                                           problematic credits in terms of evaluating, considering,
   c. Member of the Credit Committee with the authority to                  and having the authority to decide on the feasibility of
      decide on Retail Credit and/or Other Credit with Individual           applications for resolving problematic credits submitted
      and/or Position authority.                                            for portfolios managed by SAM or portfolios managed by
      i) For certain types of Retail Credit or mass product                 the SAM Retail function which will be further regulated in
           Credit, where credit decision-making is carried out              the policy attachment.
           with the authority of individual decision makers and/       c. Decision-making by the Restructure & Settlement (R&S)
           or positions, those who can become Members of the                Committee and the Credit Settlement Committee includes:
           Retail Credit Committee include: Division Head Retail            i) Determination of execution or liquidation of Credit
           Credit Factory                                                        collateral;
      ii) Division Head Retail Product                                      ii) Determination of Credit collateral to become AYDA;
      iii) Department Head Retail Credit Underwriting                       iii) Approval of redemption/sale of collateral;
      iv) Manager Retail Credit Underwriting                                iv) Termination of Subrogation of Non-Performing Loan
      v) Coordinator Retail Credit Underwriting

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           Corporate Governance



         v) Determination of cession;                                    9. Supply Chain Finance Limit Committee
         vi) Credit settlement through legal channels;                      The Supply Chain Finance (SCF) Committee is a committee
         vii) Approval of use of third party services;                      institution that functions to make decisions related to the
         viii) Write off problematic Credit Book;                           determination of Umbrella Limits and Credit Limits for SCF
         ix) Write off problematic Credit Collection;                       facilities, including but not limited to Dealer Financing,
         x) Other decisions related to the settlement of Non-               Distributor Financing and Vendor Financing products and
               Performing Loan.                                             changes thereto to (prospective) Principals/Anchors or
4.   AYDA Sales Committee                                                   (prospective) Debtors. This committee is tasked with evaluating,
     The function is for decision-making in the context of the              considering, and having the authority to make decisions
     sale of Foreclosed Assets (AYDA) in terms of considering and           (approval or rejection) on applications for determination
     having the authority to decide on the feasibility of selling AYDA      or review of umbrella limits submitted by (prospective)
     managed by the SAM AYDA/Write-off assets Sales function                Principals/Anchors or credit limits submitted by (prospective)
     which will be regulated in the policy attachment.                      Debtors from Corporate, Korean Link, Commercial & SME, by
5.   Write-off Settlement Committee                                         considering the development of the Bank's Business without
     Has the function of making settlement decisions in terms of            abandoning the principle of prudence.
     evaluating, considering, and having the authority to decide
     on the eligibility of a Write-Off application for a portfolio       Committee Membership Structure
     that has been/is being managed by the Special Asset
     Management function with Write-Off status in accordance             Based on the Credit Committee Institutional Policy, the following
     with the applicable policy which will be regulated in the policy    is the structure of the Credit Committee for Corporate & Korean
     attachment.                                                         Link Credit, Commercial, SME, Retail, Financial Institution (FI) &
6.   Write-off Committee                                                 Supply Chain Finance as follows:
     Has a function to make decisions to resolve Non-Performing          1. The Board of Commissioners has a special function to provide
     Loan through Write-Off without removing the Bank's Right to              approval for all credit applications including restructuring
     Collect from debtors for portfolios that have been/under the             and settlement of Non-Performing Loan for facilities owned
     management of the Special Asset Management function with                 by related parties of PT Bank KB Bukopin Tbk.
     Write-Off status in accordance with applicable policies that        2. The Executive Credit Committee is the highest level Credit
     will be regulated in the policy attachment                               Committee that includes the Board of Directors and officers
7.   SAM Auction Limit Committee                                              at the executive level, where the committee is generally held
     The function is to make decisions in the context of                      for the implementation of the Restructuring and Settlement
     implementing auctions in terms of evaluating, considering,               of Non-Performing Loan for Credits previously decided by
     and having the authority to decide on the feasibility of setting         the A-level committee.
     auction limits, determining approval of auction prices/re-          3. The A1 Category Level Committee functions as a Credit
     auctions of Credit collateral for assets that have been/under            decision maker for Commercial, including the restructuring
     the management of the Special Asset Management function                  and Settlement of Problematic Credits committee, where the
     in accordance with applicable policies that will be regulated            A1 level committee plays a role in providing Credit decisions
     in the policy attachment.                                                for limits above the A-level Committee.
8.   Financial Institutions Committee                                    4. The A-level Committee functions as a Credit decision maker
     The Financial Institutions (FI) Committee is a committee                 for the Corporate & Korean Link, Commercial, SME & Retail
     institution that functions to make decisions related to                  segments, including the restructuring committee, Settlement
     Money Market (MM), Foreign Exchange (FX), Trade Finance                  of Problematic Credits & WO and Sales of Foreclosed Assets,
     (TF), Securities (Sec) facilities and changes to counter parties/        where the A-level committee plays a role in providing Credit
     Correspondent Banks/Financial Institutions/Corporates.                   decisions for limits above the B-level Committee.
     Considers and has the authority to decide on the feasibility of     5. The B-level Committee functions as a Credit decision maker
     applications submitted by the Financial Institutions committee           for the Corporate & Korean Link, Commercial, SME & Retail
     presenter for:                                                           segments, including the restructuring committee, Settlement
     a. Determination of Money Market Lines                                   of Non-Performing Loan & WO and Sales of Foreclosed Assets,
     b. Approval of Depository Correspondent / Non-Depository                 where the A-level committee plays a role in providing Credit
         Correspondent                                                        decisions for limits above the C-level Committee.
     c. Determination of Foreign Exchange (FX) Line                      6. The C-level Committee functions as a Credit decision maker
     d. Determination of Trade Finance Line                                   for the Corporate & Korean Link segment, Commercial, SME &
     e. Determination of Trade Securities Line                                Retail, including the restructuring committee, Settlement of
     f. Determination of Insurance/Guarantee Company Line                     Non-Performing Loan & WO and Sales of AYDA in accordance
     g. Determination of Corporate Line                                       with the level of limitation and authority stipulated in this
     h. Other decisions related to International Banking, Treasury            guideline.
         and Counterparty Risk                                           7. Category D Level Committee functions as a Credit decision
                                                                              maker for the Retail segment, including the restructuring




Annual Report      2024                                              408                                          PT Bank KB Bukopin Tbk
Page 409
   committee and Settlement of Non-Performing Loan & WO where the level D committee plays a role in providing Credit decisions
   for limits above the Level E Committee.
8. Category E Level Committee functions as a Credit decision maker for the Retail segment, including the restructuring committee
   and Settlement of Non-Performing Loan & WO in accordance with the level of limitation and authority stipulated in this guideline.

Task Implementation and Committee Meeting Frequency
Throughout 2024, the Credit Committee has conducted a face-to-face meeting once every 2 weeks on Mondays and Thursdays, while
the circulation committee will meet every working day and during the committee's working hours, which include new/extension/
modification/Top Up committees as well as credit restructuring and settlement

Assets and Liabilities Committee (ALCO)
The Assets and Liabilities Management Committee (ALCO) was formed by the Company’s Directors based on Directors’ Circular Letter
No. SE/197/DIR/X/2018 dated October 16, 2018 concerning Assets and Liabilities Management Committee Policy. ALCO is responsible
for discussing and making strategic decisions regarding the management of product assets and liabilities, taking into account growth,
business continuity and profitability. ALCO decisions can only be changed through ALCO meetings.

ALCO was formed to anticipate developments in the money market, interest rates, exchange rates, and the banking sector, especially
regarding collecting public funds and channeling funds to productive assets.

Committee Guidelines

The ALCO guidelines were ratified through the Decree of the Board of Directors No. 070 dated 26/Nov/2024 concerning the Asset and
Liabilities Management Committee Policy. In addition, the establishment of this ALCO is also based on:
1. Decree of the Board of Directors No. 0030 of 2022 concerning the Market Risk Management and Liquidity Policy of PT Bank KB
    Bukopin, Tbk
2. Circular of the Board of Directors No. SE/189/IR/XII/2022 concerning the Liquidity Management Guidelines of PT Bank KB Bukopin, Tbk
3. Decree of the Board of Directors No. 101 of 2024 concerning the Organizational Structure of PT. Bank KB Bukopin, TBK
4. Decree of the Board of Directors No. 0052 of 2023 concerning the Policy on Organizational Duties and Responsibilities of PT. Bank
    KB Bukopin, TBK
5. Decree of the Board of Commissioners No. 003 of 2024 concerning the Division of Duties and Responsibilities and Alternate
    Directors of PT. Bank KB Bukopin, Tbk

Committee Membership Structure

 Chairman                President Director

 Vice Chairman           Director in charge of finance

 Secretary               The work unit in charge of financial planning function

                         •   Director in charge of business functions, namely Consumer, MSME, and Commercial and Vice President Director
                         •   Director in charge of risk functions
 Members
                         •   Director in charge of strategy functions
                         •   Director in charge of credit functions



Duties, Authorities, and Responsibilities

The Assets and Liabilities Committee (ALCO) has the authority and responsibility for the following matters:
1. Evaluate and control risks over the position of liquidity risk and market risk, as well as determine the company’s Asset and Liabilities
   Management (ALMA) management policies and strategies, which include liability management, liquidity management, liquid asset
   management, credit management (KYD), administrative post management and hedging strategies;
2. Review deviations between actual results and bank budget projections and business plans;
3. Review the pricing policy for assets and liabilities as well as fee based income and ensure that the pricing policy can support the
   Bank’s Asset and Liabilities Management (ALMA) strategy and liquidity management;
4. Convey information to the Board of Directors regarding any developments in current conditions as well as developments in related
   provisions and regulations that influence ALMA’s strategy and policies;
5. Evaluate emergency funding plans;
6. Continuing the policies that have been established to the relevant work units so that they can be implemented as well as possible;
7. Evaluate ALCO policies and decisions that have been taken.

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            Corporate Governance



Implementation of Duties and Committee Meeting Frequency

During 2024, ALCO has carried out its duties by providing recommendations to the Board of Directors and has held 12 (twelve) meetings
with the following agendas


     No.                   Date                                                             Agenda

 1         February 7, 2024                     1. ALM 2.Funding 3.Lending 4.NSFR 5.Proposal Business
 2         February 28, 2024                    1. ALM 2.Funding 3.Lending 4.NSFR 5.Dealer Financing
 3         April 3, 2024                        1. ALM 2.Funding 3.Lending 4.NSFR 5.Star Program
 4         May 8, 2024                          1. ALM 2.Funding 3.Lending 4.NSFR 5.Star Pension Program
 5         May 29, 2024                         1. ALM 2.Funding 3.Lending 4.NSFR 5.Channeling Program


During 2024, ALCO has held 12 (twelve) meetings. The following is a list of ALCO members' attendance at the meetings:


     Name of Director/Participant/Position                 Number of Mandatory Meeting                     Number of Attendance

 Woo Yeul Lee/Chairman/President Director                                 12                                        9
 Jung Ho Han/Vice Chairman/Acting Director of
                                                                          12                                        11
 Finance
 Robby Mondong/Member/Vice President
                                                                          12                                        11
 Director
 Helmi Fahruding/Member/Retail Business
                                                                          12                                        11
 Director
 Henri Sawali/Member/Credit Director                                      12                                        11
 Dodi Widjajanto/Member/Risk Director                                     12                                        9


Information Technology Systems Steering Committee
The Information Technology Steering Committee is the main committee in information technology management. Its main task is to
provide recommendations and support the Board of Directors and the Board of Commissioners in monitoring the implementation of
activities and the readiness of information technology infrastructure.

Committee Guidelines

KB Bank has prepared work guidelines for the Information Technology Steering Committee in Information Technology Guidelines No.
102/K-ITGV/DTI concerning the Information Technology Steering Committee Policy in 2023. These guidelines contain:
1. General Provisions
2. Scope of Discussion of the IT Steering Committee
3. IT Steering Committee Charter
4. Membership of the IT Steering Committee
5. Organization of the IT Steering Committee

Committee Membership Structure
Membership of the IT Steering Committee is appointed and assigned by the Board of Directors. The organizational structure of the
IT Steering Committee is as follows.
1. The Chair of the IT Steering Committee is the Director in charge of Information Technology.
2. IT Steering Committee Members:
    a. Director in charge of the Risk Management Work Unit
    b. The highest official under the Director in charge of Information Technology at the level of Head of Division.
    c. The highest official under the Director who oversees Services as the main user of IT at the level of Division Head.
    d. Head of the Corporate Strategic Planning Division whose job is to align Corporate strategies and initiatives with IT strategies
        and initiatives.
    e. Head of the Financial Planning and Accounting Division who is tasked to evaluate the Bank’s budget, especially investment
        or IT operational costs.




Annual Report        2024                                             410                                         PT Bank KB Bukopin Tbk
Page 411
    f. Other related departments can become participants in             2. Carry out a Management Review on the implementation of
       the IT Steering Committee by considering their suitability          the service management system at least once a year every
       such as relevance to the discussion material, as resource           March as well as on other strategic, critical and urgent matters
       persons and so on.                                                  related to IT implementation and infrastructure activities
    g. Head of Department in charge of IT Strategy and Planning            that cannot be resolved through the IT Support Committee
       who is tasked to evaluate IT project management and              3. The IT Steering Committee can order the IT Support Committee
       Secretary of the IT Steering Committee.                             to hold a committee meeting if there are technical matters
                                                                           that must be resolved immediately and/or become input for
Duties, Authorities, and Responsibilities                                  the IT Steering Committee in making recommendations to the
                                                                           Board of Directors.
In general, the duties and responsibilities of the IT Steering
Committee are:                                                          Implementation of Duties and Committee Meeting
1. Provide recommendations to the Board of Directors as follows:        Frequency
    a. IT strategic plan (IT Strategic Plan) which is in accordance
       with the strategic plan for the Company’s business activities    The implementation of the duties of the Information Technology
       (Business Plan). The things that must be considered when         Steering Committee is conducted in accordance with applicable
       providing these recommendations are as follows:                  provisions, namely at least 2 (two) times in 1 (one) year and/or
       i) Implementation plan (roadmap) to achieve IT needs             if there is something urgent and must be decided immediately
            that support the Company’s business strategy. The           by the IT Steering Committee. The IT Steering Committee has the
            roadmap consists of the current condition (current          duty and responsibility to provide recommendations to the Board
            state), the condition to be achieved (future state) and     of Directors regarding the implementation of strategic plans,
            the steps that will be taken to achieve the future state;   adjustments to IT policies, strategic IT projects and evaluation
       ii) Resources required;                                          of IT performance in the Management Review agenda. Based on
       iii) Profits/benefits that will be obtained when the plan        this, the role of the Information Technology Steering Committee
            is implemented.                                             is to ensure that IT implementation is in accordance with the
    b. Formulating key IT policies and procedures such as IT            company's objectives in achieving business goals.
       security policies and risk management related to IT use;
    c. Conformity of approved IT projects with applicable IT            The Information Technology Steering Committee has carried out its
       strategic plans and corporate plans;                             duties more than 2 times in 1 year with several recommendations
    d. The steering committee can also determine the priority           regarding IT support in the Company, including:
       status of IT projects that are critical (have a significant          a. Recommends carrying out IT infrastructure rejuvenation
       impact on the Company’s operational activities);                         projects while adhering to the principle of caution, but
    e. Compatibility of IT with management information system                   also concerning the suitability of the implementation time
       needs that support the management of the Company’s                       target and results that are in accordance with expectations.
       business activities;                                                 b. In connection with the IT infrastructure rejuvenation plan,
    f. The effectiveness of risk minimization measures for the                  the steering committee recommends carrying out the
       Company’s investments in the IT sector and that these                    Freeze Period Development with exceptions for strategic,
       investments contribute to achieving the Company’s                        regulatory and compliance projects.
       business objectives;
    g. Monitoring IT performance and efforts to improve it,
       for example by detecting IT finances and measuring the
       effectiveness and efficiency of implementing IT security
       policies.




Annual Report     2024                                              411                                           PT Bank KB Bukopin Tbk
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             Corporate Governance




CORPORATE SECRETARY


The Corporate Secretary plays a strategic role in maintaining a harmonious relationship between KB Bank and the parties who have an
interest in the Company. In his/her capacity, the Corporate Secretary not only serves as a liaison between the Company, Shareholders,
and other Stakeholders, but also ensures that all Company activities are carried out in accordance with applicable capital market
regulations. Other responsibilities include organizing meetings with Shareholders and facilitating transparent communication between
all related parties. Furthermore, the Corporate Secretary also plays a role in ensuring the implementation of good governance principles
and compliance with all relevant legal provisions.

The formation, appointment, and implementation of the functions and duties of the Corporate Secretary, among others, refer to:
1. Financial Services Authority Regulation No. 35/POJK.04/2014 concerning Corporate Secretaries of Issuers or Public Companies;
2. Decree of the Board of Directors of PT Bursa Efek Indonesia No. Kep00001/BEI/01-2014 Concerning Amendments to Regulation
   No. I-A: Concerning Listing of Shares and Equity Securities Other Than Shares Issued by Listed Companies.



Profile of Corporate Secretary Officer




                                                       Yocky Eko Wicaksono*




 Age                                                   41 Years old

 Nationality                                           Indonesia

 Domicile                                              Jakarta

 Education                                             Bachelor of Law, Brawijaya University, Malang

                                                       •   Secretary of the Board of Commissioners
 Work Experience                                       •   Regulation Manager and Policy of PT Bank KB Bukopin Tbk
                                                       •   Senior Staff of Corporate Law and Policy of PT Bank KB Bukopin Tbk

 Concurrent Position                                   -

 Legal Basis of Appointment                            SKEP /0118-DIR/VIII/2023
 *) In office since 8 August 2023 – 1 September 2024




                                                       Ariz Dian Perkasa




 Age                                                   35 Years old

 Nationality                                           Indonesia

 Domicile                                              Jakarta

 Education                                             Bachelor of Law, University National (2012)




Annual Report            2024                                                           412                                     PT Bank KB Bukopin Tbk
Page 413
                                    •   Management Trainee (Management Development Program), PT Bank KB Bukopin Tbk (2012)
                                    •   Auditor Internal (2013-2017)
 Work Experience                    •   Operations Risk Management (2017-2019
                                    •   Branch Operation Manager (2020-2022)
                                    •   Business Strategic Partnership (2023-2024)

 Concurrent Position                -

 Legal Basis of Appointment         SKEP/131-DIR/XI/2024



Duties and Responsibilities                                            The function of the Corporate Secretary according to Financial
                                                                       Services Authority Regulation No. 35/POJK/.04/2014 carries out
The Corporate Secretary has broad and important duties in              at least the following tasks:
maintaining the image of KB Bank. This includes building the           1. Following developments in the Capital Market, especially the
company’s image through public relations, investor and secretarial         laws and regulations applicable in the Capital Market sector;
functions. The Corporate Secretary is responsible for ensuring         2. Providing input to the Board of Directors and Board of
that all meeting results are properly documented and conveyed              Commissioners of the Issuer or Public Company to comply
to related parties. The Corporate Secretary also ensures effective         with the provisions of laws and regulations in the Capital
communication with stakeholders, including providing relevant              Market sector;
and timely information about the company’s performance.                3. Assisting the Board of Directors and Board of Commissioners
                                                                           in implementing Corporate governance which includes:
In addition, he/she is a liaison between the company and capital           a. Disclosure of information to the public, including the
market authorities, shareholders, investors and the media.                     availability of information on the Issuer or Public Company
Information regarding company performance is conveyed through                  Website;
various media, such as GMS, financial reports, press releases,             b. Submission of reports to the Financial Services Authority
meetings with analysts, and through the Company’s website,                     on time;
namely www.kbbank.co.id.                                                   c. Organizing and documenting General Meetings of
                                                                               Shareholders;
The Corporate Secretary is also responsible for ensuring the               d. Organizing and documenting Board of Directors and/or
Company’s compliance with applicable capital market regulations.               Board of Commissioners Meetings;
With these strategic duties and responsibilities, the Corporate            e. Implementing orientation programs for the Company for
Secretary is directly responsible to the President Director                    new Directors and/or Board of Commissioners.
and reports the implementation of his duties to the Board of           4. As a liaison between the Issuer or Public Company and the
Commissioners.                                                             Shareholders of the Issuer or Public Company, the Financial
                                                                           Services Authority, and other stakeholders.




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          Corporate Governance




Corporate Secretary Organizational Structure

                                     Corporate Communication




                                           Corporate Secretary




                            Secretariat & Protocol Unit                   BoC Support Unit                      BoD Support Unit




                                      Secretariat &                                                               BoD Support Staff
                                      Protocol Staff                     BoC Support Staff




                                       Secretary To
                                     Director Section



                                           Secretary
                                          To Director




                           Corporate Communication Unit




                                       Corporate
                                   Communication Staff



Implementation of Duties in 2024

During 2023, the Company’s Corporate Secretary has carried out several duties, including:
1. Organizing Board of Directors, Board of Commissioners Meetings, and Joint Meetings between Board of Directors and Board of
   Commissioners;
2. Preparing Minutes of each Meeting;
3. Organizing Annual and Extraordinary General Meetings of Shareholders (GMS);
4. Managing information disclosure to the public and regulators;
5. Following developments in the capital market, especially those related to capital market regulations, and conveying information
   on such developments to the Board of Commissioners, Board of Directors and Stakeholders;
6. Carrying out various activities related to the formation of the Company's image.

Competency Development

Skill developement through education and training for the Corporate Secretary is an important step to support his/her role as the
main liaison between the Company and external parties. Throughout 2024, the Corporate Secretary actively participated in various
training activities, workshops, and seminars that were relevant to his/her duties and responsibilities, including:


              Training Name                                       Date                          Organizer                             Place
 Anti-Corruption and Anti-Fraud Training          July 19, 2024                       AAFM                              Jakarta
 Training Finance Budget                          July 4, 2024                        Internal House (Diklat)           Jakarta
 SMR Level 4 & 5 Recertification                  August 2, 2024                      BSMR                              Jakarta
 Induction                                        October 17, 2024                    Internal House (Diklat)           Jakarta
 E Learning AML CFT yerar 2024 (Aug)              August 5, 2024                      Internal House (Diklat)           Jakarta


Annual Report      2024                                                    414                                                PT Bank KB Bukopin Tbk
Page 415
2024 Information Disclosure

Throughout 2024, the Company's communication with the public has been carried out regularly and transparently. The Corporate
Secretary ensures that relevant information is conveyed to the public through various channels, including mass media, the IDX website,
and the KB Bank website, in 2 (two) languages, namely Indonesian and English. In addition, periodic and incidental reports have also
been submitted to the IDX and OJK, as follows:


                 Type of Report                                     Objectives                                    Period of Report
 Monthly Report of Securities Holder
                                                      OJK & BEI                                    Monthly
 Registration
 Consolidated Financial Statements of Bank
                                                      OJK & BEI                                    Quarterly
 and Subsidiaries (Unaudited)
 Annual Financial Report (Audited)                    OJK & BEI                                    Annually
 Annual Report                                        OJK & BEI                                    Annually
 Sustainability Report                                OJK & BEI                                    Annually
 Annual Ranking Results Report                        OJK & BEI                                    Annually


Incidental Report

       Date                             Addressed to                                                   Matters
                                                                    Report on the Effective Appointment of Jung Ho Han as Strategy Director of PT
 January 16, 2024      Financial Services Authority (OJK)
                                                                    Bank KB Bukopin Tbk
                       Financial Services Authority (Financial      Submission of Minutes Summary of the Deed of Decision of the Extraordinary
 January 26, 2024
                       Services Authority (OJK) & IDX               General Meeting of Shareholders (EGMS)
                                                                    Submission of Evidence of Advertisement Summary of Minutes of the Deed of
 January 26, 2024      Financial Services Authority (OJK) & IDX
                                                                    Decision of the Extraordinary General Meeting of Shareholders (EGMS)
 January 29, 2024      Financial Services Authority (OJK)           Submission of Incidental Reports
                                                                    Effective Report on Re-Operation of Medan Branch Office of PT Bank KB
 January 31, 2024        Financial Services Authority (OJK)
                                                                    Bukopin Tbk
 February 6, 2024        Financial Services Authority (OJK)         PT Bank KB Bukopin Tbk Brand and Logo Change Plan
 February 7, 2024        Financial Services Authority (OJK)         Extraordinary General Meeting of Shareholders (EGMS)
 February 7, 2024        Financial Services Authority (OJK) & IDX   Changes in Shareholder Structure
                                                                    Submission of Minutes of the Deed of Decision of the Extraordinary General
 February 16, 2024       Financial Services Authority (OJK)
                                                                    Meeting of Shareholders 2024 (EGMS)
                                                                    PT KB Bukopin Finance Capital Reduction Plan in the Framework of Company
 February 19, 2024       Financial Services Authority (OJK)
                                                                    Consolidation
 February 22, 2024       Financial Services Authority (OJK)         Planning Account-KBstar Product Evaluation Report
 February 22, 2024       Financial Services Authority (OJK)         Planning Account-KBstar Product Realization Report
                                                                    Material Information or Facts Report on the Settlement of Bank Bukopin's
 February 28, 2024       Financial Services Authority (OJK)
                                                                    Continuous Subordinated Bonds II Phase II in 2017
                                                                    Submission of Publication Evidence of Settlement of Bank Bukopin's
 February 28, 2024       Financial Services Authority (OJK) & IDX
                                                                    Continuous Subordinated Bonds II Phase II of 2017
                                                                    Submission of Publication Evidence of Settlement of Bank Bukopin's
 February 29, 2024       Financial Services Authority (OJK) & IDX
                                                                    Continuous Subordinated Bonds II Phase II of 2017
 March 1, 2024           Financial Services Authority (OJK) & IDX   Announcement of Bank Brand and Logo Change
                                                                    Effective Appointment Report as Director of Information Technology & Digital
 March 5, 2024           Financial Services Authority (OJK)
                                                                    of PT Bank KB Bukopin Tbk
                                                                    Submission of Realization of Implementation of Brand and Logo Changes of PT
 March 5, 2024           Financial Services Authority (OJK)
                                                                    Bank KB Bukopin Tbk
                                                                    Submission of Changes to the Board of Directors and/or Board of
 March 8, 2024           Financial Services Authority (OJK)         Commissioners of KB Kookmin Bank Co.Ltd as the Controlling Shareholder of PT
                                                                    Bank KB Bukopin Tbk




Annual Report        2024                                             415                                                PT Bank KB Bukopin Tbk
Page 416
           Corporate Governance




        Date                       Addressed to                                                     Matters
March 13, 2024      Financial Services Authority (OJK)         Reporting of Brand and Logo Changes of PT Bank KB Bukopin Tbk
March 15, 2024      Financial Services Authority (OJK)         Information on the planned transfer of the NTT Branch Office (KCP) Address
                                                               Request for Hearing Regarding Plans for Material Transactions and Disclosure
March 21, 2024      Financial Services Authority (OJK) & IDX
                                                               of Information
March 28, 2024      Financial Services Authority (OJK)         Information on the Plan the Ciceri/Cijawa Branch Office Address Change
March 28, 2024      Financial Services Authority (OJK)         Information on the Plan of Trenggalek KCP Address Change
                                                               Notification of Late Submission of Audited Consolidated Financial Statements
April 1, 2024       Financial Services Authority (OJK) & IDX   of PT Bank KB Bukopin Tbk (“BBKP”) and Subsidiaries for the Year Ended
                                                               December 31, 2023
 April 3, 2024      Financial Services Authority (OJK)         Material Transaction Report of PT Bank KB Bukopin Tbk
                                                               Report of Material Information or Facts Related to Events Causing an Increase
 April 3, 2024      Financial Services Authority (OJK)
                                                               in Financial Obligations
 April 3, 2024      Financial Services Authority (OJK) & IDX   Announcement of Bank Brand and Logo Change
 April 3, 2024      Financial Services Authority (OJK)         Submission of Advertising Evidence
                                                               Notification of General Meeting of Sukuk Mudharabah Holders ( RUPSu) Sukuk
 April 4, 2024      Financial Services Authority (OJK)
                                                               Mudharabah IV Year 2019 PT HK Realtindo
                                                               Notification of the General Meeting of Medium-Term Notes (MTN) Holders
 April 4, 2024      Financial Services Authority (OJK)
                                                               (RUPMTN) MTN I Year 2019 PT HK Realtindo
 April 5, 2024      Financial Services Authority (OJK)         Report on Activities Carried Out for the Bank's Own Interests
                                                               Notification of the Results of the General Meeting of Holders of Medium-Term
 April 16, 2024     Financial Services Authority (OJK)
                                                               Notes (MTN) I HK Realtindo in 2019
                                                               Notification of the Results of the General Meeting of Sukuk Holders
 April 16, 2024     Financial Services Authority (OJK)
                                                               MUDHARABAH IV HK REALTINDO YEAR 2019
                                                               Transparency of information regarding the replacement of Accountants who are
 April 16, 2024     Financial Services Authority (OJK)
                                                               currently assigned to audit Issuers or Public Companies
                                                               Report of Material Information or Facts on the Resignation of the Company's
 April 16, 2024     Financial Services Authority (OJK)
                                                               Independent Commissioner
 April 17, 2024     Financial Services Authority (OJK) & IDX   Submission of Advertising Evidence
                                                               Response to OJK letter regarding Request for Data and Information related to
 April 25, 2024     Financial Services Authority (OJK) & IDX   the confiscation/blocking of Mutual Fund Securities accounts in Handling Legal
                                                               Cases
                                                               Explanation of Replacement of Public Accountant according to S-434/
 April 26, 2024     Financial Services Authority (OJK)
                                                               PM.211/2024 04-22-2024
                                                               Report on the Appointment of a Replacement Public Accountant for the Audit
 April 26, 2024     Financial Services Authority (OJK)         of the Annual Historical Financial Information at PT Bank KB Bukopin Tbk for
                                                               the 2023 Financial Year
 April 26, 2024     Financial Services Authority (OJK)         Request for Change of Username for Consumer Protection Portal Application
 May 14, 2024       Financial Services Authority (OJK) & IDX   Announcement of the Agenda of the 2024 AGM of PT Bank KB Bukopin Tbk
 May 15, 2024       Financial Services Authority (OJK)         PT Bank KB Bukopin IT Incident Initial Notification Report
                                                               Report on the Realization of the Implementation of Bancassurance Cooperation
 May 21, 2024       Financial Services Authority (OJK)
                                                               Reference Business Models in the Framework of Bank Products
 May 21, 2024       Financial Services Authority (OJK)         IT Incident Report PT Bank KB Bukopin Tbk
                                                               Report of Material Information or Facts on the Resignation of the Company's
 June 4, 2024       Financial Services Authority (OJK) & IDX
                                                               Directors
                                                               Submission of Invitation to Annual General Meeting of Shareholders (“AGMS”)
 June 6, 2024       Financial Services Authority (OJK) & IDX
                                                               2024 PT Bank KB Bukopin Tbk
                                                               Submission of Evidence of Publication of Invitation to the Annual General
 June 6, 2024       Financial Services Authority (OJK) & IDX
                                                               Meeting of Shareholders (“AGM”) of PT Bank KB Bukopin Tbk 2024
                                                               Submission of Publication Evidence of Resignation of Director of PT Bank KB
 June 6, 2024       Financial Services Authority (OJK) & IDX
                                                               Bukopin Tbk
                                                               Application for Approval of the Fit and Proper Assessment of Candidates for
 June 7, 2024       Financial Services Authority (OJK)
                                                               Deputy President Commissioner of PT. Bank KB Bukopin Tbk
 June 14, 2024      Financial Services Authority (OJK)         Information on the Management Change Plan



Annual Report     2024                                           416                                                PT Bank KB Bukopin Tbk
Page 417
        Date                          Addressed to                                                   Matters
                                                                  Report of Material Information or Facts on the Resignation of the Company's
June 19, 2024          Financial Services Authority (OJK) & IDX
                                                                  Director
                                                                  Submission of Publication Evidence of Information Disclosure on the
June 19, 2024          Financial Services Authority (OJK) & IDX
                                                                  Resignation of the Director of PT Bank KB Bukopin Tbk
July 2, 2024           Financial Services Authority (OJK) & IDX   Submission of Summary of Minutes of the 2024 AGM of PT Bank KB Bukopin Tbk
                                                                  Submission of Publication Evidence of Minutes Summary s of the 2024 AGM of
July 2, 2024           Financial Services Authority (OJK) & IDX
                                                                  PT Bank KB Bukopin Tbk
                                                                  Submission of Completeness of Documents for Application for Fit and Proper
July 2, 2024           Financial Services Authority (OJK)         Assessment (PKK) for Appointment of Deputy President Commissioner of PT
                                                                  Bank KB Bukopin Tbk
July 2, 2024           Financial Services Authority (OJK) & IDX   Submission of Incidental Reports
                                                                  Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin
 July 3, 2024          Financial Services Authority (OJK) & IDX
                                                                  Tbk an Dodi Widjajanto
                                                                  Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin
 July 3, 2024          Financial Services Authority (OJK) & IDX
                                                                  Tbk an Robby Mondong
                                                                  Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin
 July 3, 2024          Financial Services Authority (OJK) & IDX
                                                                  Tbk an Henry Sawali
 July 3, 2024          Financial Services Authority (OJK)         Management Report of Subsidiary Company of PT Bank KB Bukopin TBk
                                                                  Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin
 July 5, 2024          Financial Services Authority (OJK) & IDX
                                                                  Tbk an Helmi Fahrudin
                                                                  Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin
 July 5, 2024          Financial Services Authority (OJK) & IDX
                                                                  Tbk an Woo Yeul Lee
                                                                  Correction of Ownership Report or Any Change in Share Ownership of PT Bank
 July 8, 2024          Financial Services Authority (OJK) & IDX
                                                                  KB Bukopin Tbk an Helmi Fahrudin
                                                                  Other Material Facts Information - Press Release "Company Performance
 July 8, 2024          Financial Services Authority (OJK) & IDX
                                                                  Continues to Improve, KB Bank Board of Directors Increases Share Ownership"
                                                                  Request for information to OJK Capital Market regarding the Global Bond
 July 17, 2024         Financial Services Authority (OJK) & IDX
                                                                  Issuance Plan
                                                                  Submission of Statement Deed of Meeting Resolutions No. 116 Dated June 28,
 July 23, 2024         Financial Services Authority (OJK)
                                                                  2024
                                                                  Submission of Completeness of Documents for Application for Fit and Proper
 July 23, 2024         Financial Services Authority (OJK)         Assessment (PKK) for the Appointment of Deputy President Commissioner of PT
                                                                  Bank KB Bukopin Tbk – Alignment of Risk Management Certification
                                                                  Submission of the Resolutions Deed Minutes of the 2024 Annual General
 July 26, 2024         Financial Services Authority (OJK) & IDX
                                                                  Meeting of Shareholders (AGM)
                                                                  Submission of the Resolutions Deed Minutes of the 2024 Annual General
 July 26, 2024         Financial Services Authority (OJK) & IDX
                                                                  Meeting of Shareholders (AGM)
                                                                  Readiness of Funds for Repayment of Bank KB Bukopin's Continuous Bonds I
 July 30, 2024         Financial Services Authority (OJK)
                                                                  Phase I in 2021
                                                                  Material Facts Other Information - Press Release "KB Bank Optimistic to Achieve
 August 1, 2024        Financial Services Authority (OJK) & IDX   Positive Performance with Several Significant Improvements Throughout
                                                                  Semester I 2024"
                                                                  Ownership Report or any changes in share ownership of PT Bank KB Bukopin
 August 7, 2024        Financial Services Authority (OJK) & IDX
                                                                  Tbk
                                                                  Report on the Appointment of Public Accountants and/or Public Accounting
 August 8, 2024        Financial Services Authority (OJK)         Firms for the Audit of PT. Bank Kb Bukopin's Financial Statements for the 2024
                                                                  Fiscal Year
                                                                  Ownership Report or Any Changes in Share Ownership of PT Bank KB Bukopin
 August 22, 2024       Financial Services Authority (OJK) & IDX
                                                                  Tbk (Jung Ho Han)
 August 23, 2024       Financial Services Authority (OJK) & IDX   Request for Explanation regarding BBKP Securities Volatility
                                                                  Application for Approval of the Fit & Proper Assessment of the Candidate
 August 29, 2024       Financial Services Authority (OJK)         for Finance Director of PT Bank KB Bukopin Tbk - Seng Hyup Shin (Deputy
                                                                  President Commissioner)
                                                                  Notification of Resignation of Corporate Secretary of PT Bank KB Bukopin Tbk -
 September 2, 2024     Financial Services Authority (OJK) & IDX
                                                                  Yocky E Wicaksono




Annual Report        2024                                           417                                                PT Bank KB Bukopin Tbk
Page 418
          Corporate Governance




       Date                           Addressed to                                                   Matters
                                                                  Increasing the Implementation of APU PPT and PPPSPM Programs as Mitigation
September 2, 2024      Financial Services Authority (OJK)
                                                                  of Economic Crimes, Especially Online Gambling Transactions
                                                                  Information on the Address Change Plan of the Assistant Branch Office (“KCP”) -
September 3, 2024      Financial Services Authority (OJK)
                                                                  KCP Dolog to KCP Bratang
                                                                  Information on the Address Change Plan of the Assistant Branch Office (“KCP”) -
September 4, 2024      Financial Services Authority (OJK)
                                                                  Purbalingga to Purwokerto
                                                                  Material Information or Fact Report regarding the settlement of Bank KB
September 9, 2024      Financial Services Authority (OJK) & IDX
                                                                  Bukopin's Continuous Bonds I Phase I of 2021
                                                                  Submission of Document Completeness for Application for Fit and Proper
September 9, 2024      Financial Services Authority (OJK)         Assessment (PKK) for Appointment of Finance Director of PT Bank KB Bukopin
                                                                  Tbk
September 17, 2024     Financial Services Authority (OJK) & IDX   Changes in Audit Committee Members of PT Bank KB Bukopin Tbk
 September 24,                                                    Information on the Plan to Close the Assistant Branch Office (KCP) - Univ Esa
                       Financial Services Authority (OJK)
 2024                                                             Unggul Tomang
                                                                  Submission of Document Completeness for Application for Fit and Proper
 October 14, 2024      Financial Services Authority (OJK)         Assessment (PKK) for Appointment of Finance Director of PT Bank KB Bukopin
                                                                  Tbk (Jang Hyuk Im)
                                                                  Submission of Material Facts Information Press Release "Strengthening Long-
 October 14, 2024      Financial Services Authority (OJK) & IDX
                                                                  Term Funding Structure, KB Bank Issues Global Bonds"
                                                                  Report on the Management of Subsidiary Companies of PT Bank KB Bukopin
 October 22, 2024      Financial Services Authority (OJK)
                                                                  Tbk
                                                                  Delivery of Material Facts Information Press Release "Global Investors Respond
 October 25, 2024      Financial Services Authority (OJK) & IDX
                                                                  Positively
 November 1, 2024      Financial Services Authority (OJK) & IDX   Regarding KB Bank's Initial Global Bond Issuance Plan"
                                                                  Submission of Material Factual Information Press Release Until Q3 2024, KB
 November 4, 2024      Financial Services Authority (OJK) & IDX
                                                                  Bank Records Net Interest Income Growth of 84.15 Percent
                                                                  Temporary Replacement Report for the Position of Director in Charge of
 November 7, 2024      Financial Services Authority (OJK)
                                                                  Compliance Function
 November 6, 2024      Financial Services Authority (OJK)         Submission of the KB Bank LSBU Addition Synergy Report
                                                                  Information on the Address Change Plan of the Purbalingga Sub-Branch Office
 November 20, 2024     Financial Services Authority (OJK) SPE
                                                                  (KCP) to the Tasikmalaya KCP Sutisna
                                                                  Submission of Material Factual Information Press Release Consistently Records
 December 2, 2024      Financial Services Authority (OJK) & IDX
                                                                  Business Growth, KB Bank Again Achieves AAA Rating from PEFINDO
 December 2, 2024      Financial Services Authority (OJK) & IDX   Notice of Appointment of Corporate Secretary of PT Bank KB Bukopin Tbk
                                                                  Advertisement evidence of Affiliate Transaction Report and Material
 December 2, 2024      Financial Services Authority (OJK) & IDX
                                                                  Transaction of PT Bank KB Bukopin Tbk
 December 10, 2024     Financial Services Authority (OJK) & IDX   Evidence of Advertisement for Change of Corporate Secretary
                                                                  Submission of Supporting Documents for KB Bank's 2023 Annual Publication
 December 12, 2024     Financial Services Authority (OJK)
                                                                  Report
 December 12, 2024     Financial Services Authority (OJK)         Notification of the results of the IV Waskita Karya Bond RUPO in 2022
                                                                  Notification of the results of the 2022 Waskita Karya Sukuk Mudharabah I
 December 13, 2024     Financial Services Authority (OJK)
                                                                  RUPSU
 December 16, 2024     Financial Services Authority (OJK)         Report on Affiliated Transactions of PT Bank KB Bukopin Tbk
 December 19, 2024     SPE IDX                                    Policy Adjustment on PT Bank KB Bukopin Tbk's anti-fraud strategy
                                                                  Submission of Material Fact Information Press Release "Supporting Tripatra's
 December 19, 2024     Financial Services Authority (OJK)
                                                                  Strategic Project, KB Bank Strengthens Partnership Through Vendor Financing"
                                                                  Effective Appointment Report as Finance Director of PT Bank KB Bukopin Tbk
 December 20, 2024     SPE IDX
                                                                  (Jang Hyuk Im)
                                                                  Submission of Material Fact Information Press Release "Explaining Company
 December 20, 2024     Financial Services Authority (OJK)
                                                                  Performance, BBKP Targets Turnaround in 2025"
 December 24, 2024     SPE IDX                                    PT Bank KB Bukopin Tbk KBBF Affiliate Transaction Report
                                                                  Submission of Material Fact Information Press Release "Supporting National
 December 17, 2024     Financial Services Authority (OJK)
                                                                  Strategic Industry, KB Bank Strengthens PT Inka's Working Capital"




Annual Report        2024                                           418                                                PT Bank KB Bukopin Tbk
Page 419
                                                                                   Internal audit work unit


Internal Audit Work Unit is an independent work unit that has the task and responsibility to carry out the internal audit function. It
is stated in the Decree of the Board of Directors No. 101 of 2024 concerning the Organizational Structure of PT Bank KB Bukopin Tbk,
where the Internal Auditor Work Unit (SKAI) is structurally responsible and has a direct administrative reporting line to the President
Director and a functional reporting line to the Board of Commissioners and the Audit Committee.

Internal Audit Work Unit plays a role in providing an assurance function by analyzing in depth the root of the audit findings and
a proactive consulting/advisory function by providing constructive suggestions for improvement to independent and objective
stakeholders who can provide added value in order to help the Bank achieve its corporate goals.

The purpose of the audit is to ensure that the company's activities are in accordance with the established strategic plan and its
implementation has been accompanied by good governance, risk management, and adequate internal control processes.

Internal Audit Charter
In carrying out the duties and functions of Internal Audit, SKAI adheres to the Internal Audit Charter dated December 14, 2022, which was
stipulated by the President Director after obtaining approval from the Board of Commissioners by considering the recommendations
of the Audit Committee. The Internal Audit Charter is a guideline/basis for SKAI's work which contains the structure and position of
SKAI, duties and responsibilities, authority, vision, mission, functions, objectives, and scope of work.

Profile of the Head of the Internal Audit Work Unit




                                            Roby Endrama Purba
                                            Head of the Internal Audit Work Unit




 Age                                        45 Years old

 Nationality                                Indonesia

 Domicile                                   Jakarta

 Education                                  Bachelor of Accounting, Airlangga University, Surabaya

                                            Head of Internal Audit PT AXA Mandiri Financial Service (2019-2022)
 Work Experience                            Head of Internal Audit IPC Investment Company (2018- 2019)
                                            Head Office Audit Group Head PT Bank CIMB Niaga Tbk (2016- 2018)

 Concurrent Position                        -

 Legal Basis of Appointment                 SKEP/0015-DIR/II/2022 dated February 2, 2022




Party Appointing and Dismissing the Head of the Internal Audit Work Unit

In accordance with Financial Services Authority (OJK) Regulation No. 1/POJK.03/2019, POJK No. 56/POJK.04/2015, and Internal Audit
Charter of PT Bank KB Bukopin Tbk, the Head of Internal Audit Work Unit is appointed and dismissed by the President Director with
the approval of the Board of Commissioners and the recommendation of the Audit Committee. The dismissal of the Head of Internal
Audit Work Unit can be carried out by the President Director after the approval of the Board of Commissioners, if he/she does not
meet the auditor requirements or does not carry out his/her duties properly.




Annual Report      2024                                             419                                           PT Bank KB Bukopin Tbk
Page 420
         Corporate Governance



DUTIES AND RESPONSIBILITIES                                          Internal Audit Organizational
                                                                     Structure and Number of Employees
In the Company's Internal Control Structure, the Internal Audit
Work Unit (SKAI) has a primary role in supporting the Board          Internal Audit Work Unit is the Company is divided into 3 (three)
of Commissioners and President Director in achieving the             Departments, namely:
Company's objectives. SKAI conducts independent assessments          1. Channel & Special Audit
of risk management, control, and governance processes. This              a. Region I-V Audit Unit;
assessment is carried out through analysis and research in various       b. Region I-V Auditor;
fields such as finance, accounting, and operations, which are            c. Special Audit Unit;
carried out through on-site inspections and remote monitoring            d. Special Auditor.
(off-site). SKAI also provides recommendations for improvement       2. Professional Practices Audit
and objective information to management. In addition, SKAI's             a. Quality Assurance, Development & Data Analytics Unit;
responsibilities include ensuring that the internal audit function       b. Quality Assurance, Development & Data Analytics
runs in accordance with the Internal Audit Professional Standards           Specialist;
and the Internal Audit Code of Ethics.                                   c. Audit Methodology, Reporting & Support Unit;
                                                                         d. Audit Methodology, Reporting & Support Specialist
Authority of the Internal Audit Work Unit                            3. 3.HQ, IT & Subsidiary Audit
                                                                         a. HQ Business Audit Unit;
1. Access all relevant information about the Bank related to the         b. HQ Business Auditor;
   duties and functions of SKAI;                                         c. Enablers & Risk Management Audit Unit;
2. Communicate directly with the Board of Directors, Board of            d. Enablers & Risk Management Audit Auditor;
   Commissioners, and Audit Committee;                                   e. Finance & Subsidiary Audit Unit;
3. Hold regular and incidental meetings with the Board of                f. Finance & Subsidiary Auditor;
   Directors, Board of Commissioners, and Audit Committee;               g. IT Assurance Audit Unit;
4. Coordinate activities related to supervision with external            h. IT Assurance Auditor;
   auditors;                                                             i. IT Development Audit Unit;
5. Attend strategic meetings without having voting rights;               j. IT Development Auditor.
6. Propose changes to the Internal Audit Charter in accordance
   with environmental developments related to internal audit to      Each Department is led by a Department Head who is located at
   the President Director and Board of Commissioners;                the Head Office, with the number of staff adjusted based on needs.
7. Allocate internal auditor resources;                              .
8. Propose transfers, participate in education & training and
   professional certification programs for internal auditors;
Use experts/specialists from outside the Company if necessary.

Scope of Internal Audit

The scope of SKAI's work includes examination and evaluation
of the Company's activities which include:
1. Effectiveness, efficiency, and adequacy of the internal control
    system, risk management, and governance on an ongoing
    basis.
2. Reliability, effectiveness, integrity of the process and
    information management system, including relevance,
    accuracy, completeness, availability, and confidentiality of
    data.
3. Compliance with the provisions of laws and regulations.
4. Quality of organizational performance.
5. SKAI activities as referred to in number 1 apply to the Company
    as a whole including Subsidiaries, Branch Offices, and Company
    activities that are outsourced to external parties.




Annual Report    2024                                            420                                          PT Bank KB Bukopin Tbk
Page 421
                                                             President Director




                                                                 Internal Audit




                   Channel & Special Audit                 Professional Practices Audit             HQ, IT & Subsidiary Audit



                                                                 Quality Assurance
                      Region I-V Audit Unit                     Development & Data                    HQ Business Audit Unit
                                                                   Analytics Unit


                                                                    Quality Assurance
                          Region I-V Auditor
                                                                   Development & Data                      HQ Business Auditor
                                                                   Analytics Specialist



                                                                 Audit Methodology                       Enablers & Risk
                       Special Audit Unit                                                             Management Audit Unit
                                                              Reporting & Support Unit



                                                                    Audit Methodology                       Enablers & Risk
                           Special Auditor                         Reporting & Support                    Management Auditor
                                                                        Specialist



                                                                                                       Finance & Subsidiary
                                                                                                            Audit Unit



                                                                                                          Finance & Subsidiary
                                                                                                                Auditor




                                                                                                      IT Assurance Audit Unit




                                                                                                           IT Assurance Auditor




                                                                                                       IT Development Audit
                                                                                                                Unit




                                                                                                         IT Development Auditor




Position of the Internal Audit Unit in Organizational Structure
Internal Audit Unit (SKAI) is an independent function that is directly responsible to the President Director and the Board of Commissioners
through the Audit Committee. SKAI is one of the elements of the Internal Control System that is in the third layer in the three Lines
of Defense which has the function of assisting Management in achieving the Company's goals through independent assessment of
internal control, risk assessment and corporate governance.




Annual Report     2024                                              421                                              PT Bank KB Bukopin Tbk
Page 422
            Corporate Governance



SKAI Personnel Composition
The Internal Audit Unit has 43 (forty three) employees as follows
                                Position                                                            Number of Personnel
 Head of SKAI                                                                                                  1
 Head of Department                                                                                           3
 Manager                                                                                                      12
 Auditor                                                                                                      24
 Professional Practices Audit Specialist                                                                      3

 Total                                                                                                        43

Certification as an Internal Audit Profession
                                                                   Certification                                            Number of People
                          Audit Internal Certification
                          Qualified Internal Auditor Advanced Level                                                                 2
                          Qualified Internal Auditor Managerial Level                                                               4
 National
                          Certified Banking Internal Audit Auditor Level                                                            13
                          Certified Banking Internal Audit Supervisor Level                                                         4
                          Risk Management Certification
                          Risk Management Certification Level 4                                                                     17
                          Risk Management Certification Level 5                                                                     14
                          Risk Management Certification Level 6                                                                     1
                          Forensic Audit Certification
                          Certified Forensic Auditor (CFrA)                                                                         3
                          Audit Information System Certification
                          Certified Information System Auditor (CISA)                                                               2
 International
                          Cyber ​​Security Certification
                          Certified Ethical Hacker (CEH)                                                                            1


Auditor Code of Conduct
In carrying out its functions and duties, SKAI also complies with the         3. Objectivity
Auditor Code of Conduct stated in the Internal Audit Charter. This               Internal auditors are free from conflicts of interest over the
Internal Auditor Code of Conduct contains norms and principles                   objects or activities being audited.
related to propriety and appropriateness that must be adhered                 4. Confidentiality
to and implemented by internal auditors, which at least includes                 Internal auditors respect the value and ownership of the
the code of ethics for implementing internal audits as determined                information they receive and do not disclose such information
by the internal audit professional association.                                  without legitimate authority, unless required by law or
1. Independence                                                                  profession.
    Internal auditors have independence in carrying out audit                 5. Competence
    activities and investigative activities, expressing views and                Internal auditors apply the knowledge, skills, and experience
    thoughts in accordance with their profession and applicable                  required in providing internal audit services.
    standards.                                                                6. Professionalism
2. Integrity                                                                     Professionalism is a reference in audit activities, hence, internal
    Internal auditors must carry out their work honestly, carefully,             auditors should have integrity, independent mental attitude,
    and responsibly.                                                             reliability, assertiveness, honesty, and trustworthiness.




Annual Report      2024                                                 422                                              PT Bank KB Bukopin Tbk
Page 423
Internal Audit Competency Development
Along with the new challenges faced by the Company, it is increasingly important to improve the competence of the Internal Audit team.
The Company's SKAI has prepared a competency improvement program through training, workshops, and professional certification,
both nationally and internationally, to ensure better audit quality.


     No.               Training Name                              Date                      Organizer                            Place
 1         MS Excel LV. Advance                       February 2024            Learning Center KB Bank              Sentraya Jakarta Tower
           Negotiating with Confidence: Building
 2                                                    March 2024               Bank Internal Auditors Association   Webinar
           Assetiveness Skill for Auditors
           Fussion Essence Functional Training
           Swamitra, Fussion Trade Finance
 3                                                    March 2024               DXC                                  Sentraya Jakarta Tower
           Innovation, Fusion Essence Functional
           Training Opics
           Basel III Reform for Credit & Market
 4                                                    April 2024               Bank Internal Auditors Association   Webinar
           Risk
 5         Bank Digital Maturity Level Assessment     May 2024                 Intellectualbiz                      Kuningan Jakarta
 6         Finance Budget                             July 2024                Learning Center KB Bank              Sentraya Jakarta Tower
           Elevating Internal Audit as a Value
 7         Driver: Achieving Business Resilience in   July 2024                YPIA                                 Yogyakarta
           the Era of Digitalization
 8         ITIL V4 Fundamental                        July 2024                PT. Andalan Teknologi Inovasi        Jakarta
 9         APU PPT                                    September 2024           Learning Center KB Bank              Sentraya Jakarta Tower
 10        Personal Data Protection (PDP)             October 2024             Learning Center KB Bank              Teams
 11        Audit Report Writing                       October 2024             Bank Internal Auditors Association   Sentraya Jakarta Tower
 12        Risk & Governance Summit 2024              November 2024            FSO                                  Webinar
           Economic Prospects for 2025 Achieving                               Banking Compliance Director
 13                                                   December 2024                                                 WebinarI
           Golden Indonesia 2045                                               Communication Forum


Implementation of Duties and Audit Findings in 2024
Audit Method

SKAI carries out internal oversight functions in accordance with the 2024 Audit Plan which has been prepared with a Risk Based Audit
approach. The main focus of this audit is on business processes and inherent risks, with audit implementation focused on high-risk
areas that have the potential to hinder the achievement of business targets or operational activities.

Implementation of Audit Activities in 2024
The following is a description of the implementation of the 2024 audit::


                  Audit Area                                      Plan                       Realization                          %
 Planned Audit:
 Branch Regional                                                   97                            97                              100%
 Group/Department                                                  25                            27                              108%
 IT                                                                5                              5                              100%
 Subsidiary                                                        1                              1                              100%
 Total Planned Audit                                              128                            130                             102%
 Unplanned Audit:
 IT                                                                                               2

 Total                                                            128                            132                             103%


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          Corporate Governance




                  Audit Type                           Plan                       Realization                        %
 Planned Audit:
 General Audit                                          112                           112                           100%
 Thematic Audit                                         4                              4                            100%
 Special Audit                                          12                             14                           117%
 Total Planned Audit                                   128                            130                           102%
 Unplanned Audit:
 Thematic Audit                                                                        2

 Total                                                 128                            132                          103%


Audit Findings and Follow-up Results
KB Bank has followed up on the results of the Internal Audit examination during 2024 with a follow up percentage rate of 90%.

Internal Audit Work Unit Performance Evaluation
The evaluation and review have been conducted by Parker Russell International Accounting Firm, registered as a Public Accountant.
This review process covers the period from July 1, 2020 to July 30, 2020, with the aim of ensuring and convincing that SKAI's internal
audit activities comply with POJK No. 1/POJK.03/2019, International Professional Practices Framework (IPPF).
The results of the assessment of compliance with POJK and IPPF that the Conclusion of the implementation of the Internal Audit
function of PT Bank KB Bukopin, Tbk from 15 (fifteen) sub-areas reviewed, 11 (eleven) of which were concluded Generally Conform
(GC), 3 (three) of which were concluded Partially Conform (PC), and 1 (one) was concluded Not Applicable (N/A) because the sub-area
was not implemented. The next review period will be carried out in 2026.




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                                                                                    PUBLIC ACCOUNTANT


To maintain financial transparency and accountability, the Bank implements an independent monitoring system through an audit by
an External Auditor. This audit is conducted by a Public Accounting Firm (KAP) appointed based on the decision of the Annual General
Meeting of Shareholders (GMS), taking into account recommendations from the Board of Commissioners and the Audit Committee.

The External Auditor selection process is carried out strictly in accordance with applicable procurement procedures, in order to
ensure independence and optimal audit quality. For the 2024 financial year, KB Bank appointed Public Accounting Firm Mirawati Sensi
Idris (Moore Global), & Partners, which has been registered with Bank Indonesia and OJK, as the party responsible for auditing the
Company's financial statements.

Public Accountant Appointment Policy
In order to maintain transparency and accountability of banking financial reports, the Financial Services Authority (OJK) has established
provisions regarding financial report audits by Public Accountants. Based on Article 6 of OJK Regulation No. 6/POJK.03/2015, financial
reports as of December 31 that are published quarterly and annually must go through an audit process by a Public Accountant
registered with OJK.

 In addition, in order to ensure the independence and quality of the audit, OJK limits the use of the same Public Accountant services
for annual financial report audits for a maximum of three consecutive years. This provision is regulated in OJK Regulation No. 13/
POJK.03/2017 concerning the Use of Accountant Services and Public Accounting Firms in Financial Services Activities, which came into
effect on March 27, 2017.

Name and Year of Public Accounting Firm and Public Accountant that Audited Annual Financial Reports for the Last 5 (Five) Years


                                       Name of Public
                     Public              Accountant
        Year     Accountant Firm        (Accountable
                                                                Periode             Fee (Rp)           Opinion              KAP Permit
                                          Partner)
                Mirawati Sensi                                                                    Fair in all material
 2024                               Denny Susanto          1 Year              2,400,000,000                             No.327/KM.1/2023
                Idris                                                                             respects
                Mirawati Sensi                                                                    Fair in all material
 2023                               Denny Susanto          1 Year              2,430,000,000                             No.327/KM.1/2023
                Idris                                                                             respects
                Kosasih,
                Nurdiyaman,                                                                       Fair in all material
 2022                               Denny Susanto          1 Year              1,700,000,000                             No. 854/KM.1/2015
                Mulyadi, Tjahjo &                                                                 respects
                Rekan
                Kosasih,
                Nurdiyaman,                                                                       Fair in all material
 2021                               Denny Susanto          1 Year              1,600,000,000                             No. 854/KM.1/2015
                Mulyadi, Tjahjo &                                                                 respects
                Rekan
                                                                                                  Fair in all material
                                                           1 Year              1,600,000,000                             No. 854/KM.1/2015
                Kosasih,                                                                          respects
                Nurdiyaman,
 2020                               Mulyadi                30 September
                Mulyadi, Tjahjo &                                                                 Fair in all material
                Rekan                                      2020 (Limited       1,100,000,000                             No. 854/KM.1/2015
                                                                                                  respects
                                                           Review)




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         Corporate Governance




Other Services Provided by Public Accounting Firms and Public Accountants
Apart from Annual Financial Report Audit Services in the Last Fiscal Year

As of December 31, 2024, there were no other services provided by the Mirawati Sensi Idris Public Accounting Firm (Moore Global)
other than the audit services for the 2024 Financial Statements.

Coordination of External Auditor and Audit Committee
During the audit period, the Bank implements open communication by providing complete audit information and data to the external
auditor for audit purposes. Close collaboration is carried out to discuss the latest accounting policies and tax policy developments
so that the Bank’s Financial Reports can be presented fairly and accurately. Thus, an effective framework is established between the
Bank and external auditors to ensure integrity and transparency in the audit process.
This is in line with the Audit Committee Charter, Duties and Responsibilities of the Audit Committee, which, among other things, states:
1. Provide independent opinions in the event of differences of opinion between Management and Accountants regarding the services
    provided;
2. Provide recommendations to the Board of Commissioners regarding the appointment of Public Accountants and Public Accounting
    Firms based on independence, scope of assignment and fees;
3. Review the implementation of audits by internal auditors (Internal Audit Work Unit), external auditors (Public Accounting Firm)
    and Bank supervisory institutions (BI, OJK or other Authority Institutions) and supervise the implementation of follow-up actions
    by the Board of Directors regarding these findings.




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                                                                                       RISK MANAGEMENT


Company's ability to manage various risks that may arise highly       Determination of Risk management
impacts business sustainability. Therefore, risk management is a      Policies and Procedures
crucial aspect of the Company's strategy to maintain operational
stability and face uncertainty in the future. With a systematic       In implementing business activities, the Company always concerns
approach, the Company can identify and anticipate potential risks,    on risks that may arise. In order to manage the risks, the Company
thereby supporting sustainable business growth and providing          uses these following guidelines:
added value to stakeholders.                                          8. KB Bank Risk Management Policy is the highest rule in
                                                                          implementing risk management in all KB Bank business
In facing increasingly complex economic challenges, both on a             activities. (Decree Letter No. 0149 of 2022 concerning KB Bank
national and global scale, the Company needs to implement an              Risk Management Policy).
integrated and effective risk management system. This process         9. Internal policies and guidelines relating to risk management
includes the stages of identification, analysis, monitoring, and          include:
risk mitigation in every aspect of the business. In addition,             a. KB Bank Credit Risk Management Policy;
the Company also continues to strengthen its technological                b. KB Bank Market Risk and Liquidity Management Policy;
infrastructure and improve the competence of human resources              c. KB Bank Operational Risk Management Policy;
so that the implementation of risk management is increasingly             d. KB Bank Compliance Risk Management Guidelines;
optimal.                                                                  e. KB Bank Legal Risk Management Guidelines;
                                                                          f. KB Bank Reputation Risk Management Guidelines;
By implementing risk management consistently, the Company can             g. KB Bank Strategic Risk Management Guidelines;
ensure that every business activity runs in accordance with the           h. Guidelines for Implementing Credit Risk Stress Tests;
established risk management standards. It does not only maintain          i. Guidelines for Implementing Market Risk Stress Tests;
the stability of the Company, but also supports sustainable growth        j. Guidelines for Implementing Liquidity Risk Stress Tests;
in the long term.                                                         k. Guidelines for the Obligation to Fulfill the Liquidity
                                                                              Coverage Ratio;
Basis for Risk Management                                                 l. Guidelines for Implementing the Calculation of the
Implementation                                                                Obligation to Fulfill the Net Stable Funding Ratio;
                                                                          m. KB Bank Risk Appetite Policy;
In implementing risk management, the Company is guided by                 n. Mechanism for Measuring Risk for Providing Bank Products;
external regulations, including:                                          o. KB Bank Program Product Policy;
1. Financial Services Authority Regulation (POJK) No. 18/                 p. KB Bank Risk Management Committee Charter;
    POJK.03/2016 dated March 16, 2016 concerning the                      q. KB Bank Capital Management Policy;
    Implementation of Risk Management for Commercial Banks;
2. Financial Services Authority Circular Letter (SEOJK) No. 34/       Risk Management
    SEOJK.03/2016 dated September 1, 2016 concerning the              Organization Structure
    Implementation of Risk Management for Commercial Banks;
3. Financial Services Authority Regulation No. 38/POJK.03/2017        The organizational structure and role of Risk Management at
    dated July 12, 2017 concerning the Implementation of              KB Bank are designed to ensure effective and integrated risk
    Consolidated Risk Management for Banks that Control               management. The following is the organizational structure and
    Subsidiaries;                                                     main functions in KB Bank Risk Management
4. Financial Services Authority Circular Letter No. 43/
    SEOJK.03/2017 dated July 19, 2017 concerning the Principle of
    Prudence and Reports in the Framework of the Implementation
    of Consolidated Risk Management for Banks that Control
    Subsidiaries;
5. Financial Services Authority Circular Letter No. 27/
    SEOJK.03/2016, dated July 14, 2016 concerning Commercial
    Bank Business Activities Based on Core Capital;
6. Financial Services Authority Regulation No. 36/POJK.03/2017
    dated July 12, 2017 concerning Prudential Principles in Capital
    Participation Activities;
7. Financial Services Authority Regulation No. 12/POJK.03/2021
    dated July 30, 2021 concerning Commercial Banks.


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           Corporate Governance




                                                                        Risk Management




         Personal Data Protection                                                    Operational, Market & Liquidity     Credit & Regulatory Risk
                                            Enterprise Risk Management
       (PDP) & IT Risk Management                                                          Risk Management                     Management


             PDP Governance &                                                                 Operational Risk                   Risk Policy &
                                                  Risk Modelling Unit
                Policy Unit                                                                   Management Unit                  Assessment Unit


             PDP Governance & Policy                  Wholesale & SME                           Operational Risk             Risk Policy & Assessment
                      Staff                            Modelling Staff                          Management Staff                        Staff



                                                    Retail Modelling Staff                   Business Continuity         Credit Examination Planning &
             PDP & Security Unit
                                                                                              Management Unit                     Analytics Unit

                                                        Monitoring &
                                                   Development Modelling                        Business Continuity             Credit Examination
               PDP & Security Staff
                                                           Staff                                 Management Staff            Planning & Analytics Staff



                                                 RMC & Risk Analytics
                                                                                             Market & Liquidity               Credit Examination
             PDP Operation Unit                         Unit
                                                                                           Risk Management Unit                      I Unit


                                                          RMC Staff                          Market & Liquidity Risk
               PDP Operation Staff                                                                                           Credit Examination I Staff
                                                                                            Management Control Staff


                                                     Risk Analytics Staff                   Market & Liquidity Risk
            IT Risk Management                                                                                                Credit Examination
                                                                                           Management Analytics Staff
                    Unit                                                                                                             II Unit


                                                       Reporting Staff                     Treasury Middle Office
             IT Risk Management Staff                                                               Unit                     Credit Examination II Staff


                                                                                              Treasury Middle Office
                                                                                                                              Credit Examination
                                                                                                      Staff
                                                                                                                                    III Unit


                                                                                                                               Credit Examination III
                                                                                                                                        Staff




To implement risk management effectively, the Company has                        With a strong and integrated organizational structure, the Company
designed a detailed organizational structure with clear duties                   can manage risks more effectively in various aspects of business
and responsibilities in each section. This structure is adjusted                 activities and ensure compliance with applicable regulations.
to the objectives, business policies, and scale and complexity of
the Company's business activities.                                               The Risk Management Division functions as the Risk Management
                                                                                 Work Unit in the Company and is led by the Division Head, who
The Company understands that risk management must be                             reports to the Director of Compliance and Risk Management.
implemented at all levels and work units. Therefore, the organizational          This division consists of several Departments/Units, as follows:
structure built is inclusive, covering various entities, such as the             1. Personal Data Protection (PDP) & IT Risk Management.
Risk Monitoring Committee, Risk Management Committee, Risk                           a. PDP Governance & Policy Unit
Management Work Unit, Risk Taking Unit, and Internal Audit Work Unit.                b. PDP & Security Unit
                                                                                     c. PDP Operation Unit
In the Bank's organizational structure, there is a Risk Management                   d. IT Risk Management Unit
Work Unit and a Compliance Work Unit that operate independently                  2. Enterprise Risk Management Department
from business groups, operations, and other supporting divisions                     a. Risk Modelling Unit
or departments (Risk Taking Unit). Both of these work units have a                   b. RMC & Risk Analytics Unit
strategic role in identifying, measuring, monitoring, and controlling            3. Operational, Market & Liquidity Risk Management Department
risks arising from business activities.                                              a. Operational Risk Management Unit
                                                                                     b. Business Continuity Management Unit
In addition, the Internal Audit Work Unit is responsible for internal                c. Market & Liquidity Risk Management Unit
control. This unit ensures that internal control standards and                       d. Treasury Middle Office Unit
procedures are applied consistently throughout the organization
and conducts independent evaluations of the effectiveness of
the control system.

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4. Credit & Regulatory Risk Management Department
   a. Risk Policy & Assesment Unit
   b. Credit Examination Planning & Analytics Unit
   c. Credit Examination I Unit
   d. Credit Examination II Unit
   e. Credit Examination III Unit

The Risk Management Work Unit has the main task of forming risk management policies and procedures. In addition, this work unit
is also responsible for collecting, testing, and reporting risk measurements submitted by risk owners. The process of establishing
policies in the implementation of risk management is carried out through the approval of the Board of Directors.

Duties and Responsibilities of the Risk Management Work Unit
The authority and responsibilities of the Risk Management Work Unit include:
1. Develop and periodically review the overall risk management strategy and framework including risk management policies,
   procedures, and processes;
2. Monitor the implementation of risk management strategies, frameworks and policies recommended by the Risk Management
   Committee and approved by the Board of Directors;
3. Recommend portfolio limits and ensure compliance with these limits;
4. Monitor overall risk exposure and per risk type;
5. Conduct stress testing to determine the impact of significant changes in macro conditions on the portfolio or overall Bank
   performance;
6. Assess the risks of proposed bank products;
7. Evaluation of the internal accuracy of the model and validation of data used to measure risk;
8. Provide recommendations to business groups, operational groups and other supporting groups/divisions/departments (Risk
   Taking Unit) and/or to the Risk Management Committee, according to their authority;
9. Prepare and submit risk profile reports to the Director of Compliance and Risk Management, President Director and Risk Management
   Committee on a regular basis.

Competency Development in the Field of Risk Management
The competency development that members of the Risk Management Work Unit will participate in during 2024 is as follows:


     No.                   Training Name                        Period                   Organizer                    Location
 1         Training Key User Training (KUT) Loas      Feb 5, 2024                DXC                        JAKARTA
 2         Legal Sharing                              March 7, 2024              AULIA TAUFANI              JAKARTA
 3         Maturitas Digital Bank                     May 7, 2024                IBC                        JAKARTA
 4         IFRS & CIT FE System NGBS                  August 7, 2024             INTERNAL HOUSE (DIKLAT)    JAKARTA
 5         Online APU PPT For Executive               Nov 5, 2024                RINTO TEGUH                JAKARTA


Sertifikasi Manajemen Risiko

                 Certification Level                                  Position                        Number of Employees
 Risk Management - Qualification IV                Staff and Manager                                                              19
 Risk Management - Qualification V                 Manager and Departemen Head                                                     9


Risk Management System
The risk management system is implemented in an integrated manner through 4 pillars, namely:

Pillar 1 Active Supervision of the Board of Commissioners and Directors

The implementation of Bank risk management, both individually and consolidated with Subsidiaries, involves active monitoring
and supervision from the Bank’s Board of Directors and Board of Commissioners. To support the effective implementation of risk
management, the Board of Directors and Board of Commissioners must understand risk, develop a risk culture and ensure that the
implementation of risk management is in accordance with the characteristics and complexity of the Bank’s and Subsidiaries’ businesses.


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          Corporate Governance



Based on Directors’ Decree No. 005 of 2019 concerning Guidelines      The relationship between the various Risk management functions
and Work Rules for the Risk Monitoring Committee of PT Bank KB        is regulated in detail in Risk Governance. The aim is to ensure
Bukopin Tbk. The duties of the Risk Monitoring Committee include:     that every decision related to Risk is considered comprehensively,
1. Create a work program or annual plan for the Risk Monitoring       taking into account its impact on the entire Company. Equally
   Committee and send it to the Board of Commissioners for            important, the policies required for effective Risk management
   approval;                                                          are also established and implemented in accordance with the
2. Evaluate the suitability of risk management policies with the      principles in Risk Governance that have been determined.
   implementation of company policies;
3. Monitor and evaluate the implementation of the duties of the       Supervision of the Board of Directors
   Risk Management Committee and Risk Management Work Unit;
4. Evaluate the company’s management policies at least once           The Board of Directors' supervisory function is carried out through
   a year with the Board of Commissioners;                            the Board of Directors Meeting (Radir) and Risk Management
5. Evaluate the implementation of the company’s risk                  Committee Meeting (KMR) forums, with the following explanations:
   management policy at least once every 3 months together            1. KMR January 17, 2024 with the agenda:
   with the Board of Commissioners;                                      a. Matters Arising from the previous RMC (for information).
6. Evaluate the Governance Implementation Self-Assessment                b. Q4-2023 Risk Profile Report (for approval).
   Report;                                                               c. Strengthening NSFR Management (for information).
7. Create, review and update the Risk Monitoring Work Committee       2. KMR February 21, 2024 with the agenda:
   Work Guidelines and Rules periodically;                               a. Matters Arising from the previous RMC (for information)
8. Carry out other duties other than those mentioned above as            b. Quarterly Credit, Market, Liquidity Stress Test (Q4 2023)
   assigned by the Board of Commissioners to the Risk Monitoring             (for approval)
   Committee in accordance with its duties and functions from            c. Monitoring of the RWA Limit Pilot Project (for approval)
   time to time as needed.                                               d. Plan for Business Continuity Management (BCM) Policy
                                                                             Update (for approval).
The implementation of the supervisory function of the Board              e. Liquidity Strengthening Management (for information).
of Commissioners is carried out through the Joint Meeting of             f. Monthly Risk Report January 2024 (for information)
Directors and Commissioners forum, as well as in meetings of the      3. KMR April 24, 2024 with the agenda:
Risk Monitoring Committee, Integrated Governance Committee               a. Risk Profile Report Q1 2024 (for approval).
and Audit Committee.                                                     b. Strengthening NSFR Management (for information).
                                                                      4. KMR May 29, 2024 with the agenda:
In connection with this, the Risk Monitoring Committee periodically      a. Bottom Up Stress Test Period March 2024 (approval).
holds meetings and provides recommendations for improvements             b. Stress Test Quarter 1 2024 (approval).
stated in the minutes. The Risk Monitoring Committee meetings            c. Liquidity Strengthening Management April 2024 (for
with discussions on the Risk Profile Report have been held 4                 information).
(four) times for individual risk profiles and 4 (four) times for         d. Monthly Risk Report April 2024 (for information).
consolidated risk profiles throughout 2024. In addition to            5. KMR June 25, 2024 with the agenda:
discussing the Risk Profile, discussions were also held on issues        a. ICAAP (Capital Management) (as approval)
related to the implementation of Risk management activities              b. Credit Examination (as report)
including approving policies, strategies and risk management             c. Monthly Risk Report May 2024 (as information)
frameworks that are in accordance with the level of risk to be        6. KMR July 17, 2024 with the agenda:
taken (Risk Appetite) and risk tolerance (Risk Tolerance) and            a. Individual Risk Profile Report Quarter II 2024 (as approval).
conducting periodic evaluations of Risk management activities.           b. KPMM Report based on Risk Profile Q2-2024 (as approval).
                                                                         c. Follow-up on Optimization of Credit RWA (as information).
To ensure that Risk Management is implemented effectively, the           d. Strengthening Liquidity Management (as information)
Company refers to the established Risk Governance. This Risk          7. KMR August 21, 2024 with the agenda:
Governance serves as a clear basis for determining roles and             a. Market & Liquidity Stress Test Quarter II 2024 (as approval).
responsibilities, decision-making processes, and relationships           b. Credit Examination Semester I 2024 (as information).
between various Risk management functions throughout the                 c. Liquidity Strengthening Management August 2024 (as
Company.                                                                     information).
                                                                         d. Monthly Risk Report July 2024 (as information).
Within the Risk Governance framework, each function has a             8. KMR 24 September 2024 with the agenda:
clearly defined role in Risk management. It includes the stages          a. Matters Arising from the previous RMC (for information).
of identification, assessment, monitoring, and control of Risk at        b. Policy Changes (for approval).
various levels and work units. In addition, Risk Governance also         c. Capital Management (for information).
regulates structured and coordinated decision-making procedures          d. Liquidity Strengthening Management September 2024
to ensure effective Risk management.                                         (for information).




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9. KMR 14 October 2024 with the agenda:                                  3. Determination of Risk Limits
    a. Risk Profile Report Q3 2024 (for approval).                          a. Risk Appetite Statement
    b. Liquidity Strengthening Management October 2024 (for                     The Bank has limits set in accordance with the level of
       information).                                                            risk to be taken, risk tolerance and business strategy in
    c. Matters Arising Regarding the Storage of Collateral Files                the form of a Risk Appetite Statement and has received
       & Credit Documents (for information).                                    approval from the Board of Commissioners.
10. KMR 22 November 2024 with the agenda:                                   b. Limits
    a. Market Stress Test & Liquidity Q3 2024 (for approval).                   Determination of risk limits includes, among others:
    b. Capital Management (for information).                                    i) Overall limit;
    c. Liquidity Strengthening Management November 2024 (for                    ii) Limits per risk type; and
       information).                                                            iii) Limits per certain functional activities that have risk
    d. Risk Report October 2024 (for information).                                   exposure.
11. KMR 18 December 2024 with the agenda:                                   c. Implementation of Policies, Procedures and Limit
    a. Matters Arising from the previous RMC (for information).                 Determination
    b. Risk Appetite Limit – ICAAP Management (for approval)             4. Risk awareness and compliance with policies, procedures, and
                                                                            risk limits must be the way of thinking of all parties involved
Pillar II Adequacy of Policies, Procedures, and Limit                       in implementing the risk management framework.
Determination
                                                                         Pillar III Adequacy of Risk Identification,
PILLAR II Adequacy of Policies, Procedures and Determination             Measurement, Monitoring and Control Processes,
of Limits Formulation of Adequacy of Policies, Procedures, and           As Well As Risk Management Information Systems
Determination of Limits is available and in line with the Bank’s
vision, mission and business strategy, and is carried out by taking      This process must be supported by a timely management
into account, among other things, the type and complexity of             information system and accurate and informative reports regarding
business, risk profile, level of risk to be taken and risk tolerance     the bank’s risk exposure, functional activity performance, and
as well as statutory regulations and other provisions that do not        financial condition.
conflict with applicable regulations in Indonesia, which have been       1. Identify Risks
stipulated in the Decree concerning KB Bank Risk Management                  The steps in risk identification include:
Policy.                                                                      a. Understand the business and analyze various inherent
1. Bank Risk Management Strategy                                                 risks.
    The Bank’s risk management strategy, both individually and               b. Identify potential sources of risk in Bank products and
    consolidated, is prepared for long-term objectives to ensure                 activities on a regular basis.
    business continuity, achieve expected capital adequacy and               c. Evaluate the likelihood and impact of losses.
    comprehensively control and manage the Bank’s risks. The                 d. Ensure the availability of methods or systems to identify
    Bank’s risk management strategy is prepared by considering                   risks.
    economic development factors, adequacy of human resources            2. Risk Measurement
    & infrastructure, the Bank’s financial condition, diversification        Risks must be measurable so that the adequacy of reserves
    of the Bank’s portfolio, as well as the application of sustainable       and the ability of capital to absorb the resulting risks can
    finance principles. The Bank periodically reviews its risk               be determined. The important steps to establish a risk
    management strategy.                                                     measurement process are:
                                                                             a. Place officials who are experts and experienced in
2. Risk Management Policies and Procedures                                       determining how risk is measured.
   The Bank’s Risk Management Policy was established to ensure               b. Create an appropriate methodology or model for each type
   that the Bank maintains risk exposure that is consistent                      of risk. The methodology or model must be documented.
   with internal policies and procedures as well as external                 c. Have adequate risk measurement applications and also
   regulations, laws, regulations and other related provisions,                  know the limitations of the technology.
   and is managed by officials who have knowledge, skills, and               d. Test actual results compared to predicted results to
   expertise in risk management, in line with level of business                  validate the methodology or model.
   complexity.                                                               e. Conduct regular reviews regarding the suitability of
                                                                                 assumptions, data sources and procedures used to
    Risk management policies for each type of risk are made by                   measure risk.
    referring to the Bank’s Risk Management Policy document,                 f. Make improvements to the measurement methodology
    OJK regulations and other provisions. The Risk Management                    if there are significant changes to material factors that
    Division is responsible for coordinating it centrally. Meanwhile,            influence risk.
    risk management procedures and guidelines must be created
    by work units in the Bank and prepared in accordance with
    the Bank’s risk management policy, prudential principles, and
    relevant applicable regulations.


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         Corporate Governance



   g. Performing regular stress testing, namely a process of         5. Risk Management Information System
       estimating potential economic losses in abnormal market          Banks individually and consolidated with Subsidiaries must
       conditions, which allows the Bank to assess the impact           have an adequate risk management information system to
       on the Bank’s income and capital.                                carry out the process of identifying, measuring, monitoring,
   h. Carrying out regular Backtesting to test the Bank’s internal      controlling and reporting risk exposure, both in aggregate/
       models.                                                          composite and risk exposure based on the type of risk inherent
   i. Have a measurement or assessment mechanism for the                in business activities and Bank operations. This system must
       materiality of increased risk exposure from Bank Product         be documented and reviewed periodically.
       development
3. Risk Monitoring                                                   Pillar IV Internal Control System
   In monitoring risk, each work unit in the Bank must do the
   following:                                                        The application of internal control in risk management includes:
   a. Have a clear procedure to monitor risk exposure, risk          1. Suitability of the internal control system with the type and
       tolerance, limits, Stress Testing results and consistent          level of risk inherent in the Bank’s business activities.
       implementation of established policies and procedures.        2. Determination of authority and responsibility for monitoring
   b. Have an early warning system to identify changes in risk           compliance with risk management policies and procedures,
       profile or exceedance of limits so that corrective action         as well as determining risk limits.
       can be taken immediately to minimize potential losses.        3. Establishment of reporting lines and clear separation of
   c. Report monitoring results including portfolio reviews              functions from operational work units to work units that
       to Bank management periodically in the context of risk            carry out control functions.
       mitigation.                                                   4. Organizational structure that clearly describes the Bank’s
   d. Improve the reporting process if there are material changes        business activities.
       to the Bank’s business activities, products, transactions,    5. Accurate and timely reporting of financial and operational
       risk factors, information technology, and risk management         activities.
       information systems.                                          6. Adequacy of procedures to ensure the Bank’s compliance
   e. Have an effective back-up system and procedures to                 with regulations and legislation.
       prevent disruptions in the risk monitoring process. Backup    7. Effective, independent and objective review of the Bank’s
       systems and procedures are reviewed periodically.                 operational activity assessment procedures.
                                                                     8. Adequate testing and review of the risk management
4. Risk Control                                                          information system.
   In controlling risk, each work unit in the Bank must do the       9. Complete and adequate documentation of operational
   following:                                                            procedures, scope and audit findings, as well as Bank
   a. Have a control process to manage certain risks that can            management responses based on audit results.
       endanger business continuity.                                 10. Periodic and continuous verification and review of the
   b. The risk control process implemented must be adjusted              Bank’s handling of material weaknesses and the actions of
       to risk exposure, Risk Appetite and Risk Tolerance.               the Bank’s management to correct deviations that occur.
   c. Ensure the availability of policies and procedures to
       manage and control risks.                                     Basel Implementation
   d. Ensure that all new products and/or developments
       will only be marketed after going through an adequate         Pillar 2 Basel II
       review of all risk areas and documented in the Product
       program and only if regulatory approval has been obtained     As part of the implementation of Pillar 2 of Basel II, KB Bank has
       (especially products that require approval from the           carried out an internal capital adequacy assessment process
       regulator).                                                   (ICAAP) which is submitted every semester, namely in the form
   e. Have a back-up system and procedures to handle and             of a KPMM Calculation Report according to the Risk Profile. In
       monitor risks in the event of system failure.                 addition, KB Bank has carried out a self-assessment of the Bank’s
   f. Assets and Liabilities Management (ALMA) is implemented        Health Level using a Risk-based Bank Rating (RBBR) approach with
       by the Bank to control interest rate risk, exchange rate      the scope of the assessment covering the following factors: Risk
       risk and liquidity risk                                       Profile, Good Corporate Governance (GCG), Profitability (Earnings),
   g. Other risk controls can be carried out through the             and Capital (Capital) to produce a Bank Health Composite Rating.
       mechanism of board of directors meetings through the
       Risk Management Committee (KMR), or through other
       discussion meetings.




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In implementing Pillar 2 of Basel II, the compatibility of            concerning the Guidelines for the Obligation to Fulfil the Liquidity
measurements carried out by the Bank (with the Internal Capital       Coverage Ratio dated January 14, 2019 and the Net Stable Funding
Adequacy Assessment Process/ICAAP framework) with the                 Ratio (NSFR) Calculation Guidelines as stated in the Board of
Financial Services Authority (with the Supervisory Review and         Directors Circular Letter No. SE/241/DIR/XII/2018 concerning
Evaluation Process/SREP framework) is something that needs to         Guidelines for the Implementation of Calculation of Obligations
be considered to minimize assessment gaps and further improve         to Fulfil the Net Stable Funding Ratio dated December 21, 2018.
the risk management process.
                                                                      The obligation to fulfill the LCR is carried out in stages, where the
KB Bank continues to make improvements, including through             stages for Banks included in the BUKU 3 group are 70% (seventy
reviewing the determination of ranking categorization in              percent) since June 30, 2016; 80% (eighty percent) since June 30,
each assessment of parameters/indicators for each type of             2017; 90% (ninety percent) since December 31, 2017; and 100%
risk, ensuring the data sources used for each assessment of           (one hundred percent) since December 31, 2018.
parameters/indicators for each type of risk and reviewing the         KB Bank has submitted monthly LCR reports (individual and
level of significance of an event or findings/examination and its     consolidated) to the Financial Services Authority and published
impact on the overall Risk Profile Rating.                            quarterly LCR reports (individual and consolidated) on the KB
                                                                      Bank website. In addition, KB Bank has managed and monitored
In general, KB Bank KPMM level is always managed carefully            the level of liquid assets and Liquidity Coverage Ratio (LCR) on a
to be able to mitigate the level of risk faced in all conditions,     daily basis by considering the limit as part of the implementation
through implementing effective risk management in accordance          of liquidity risk management.
with business developments and business complexity as well as
ensuring the establishment of strategies to maintain adequate         Matters of concern in the implementation of measurements
capital levels at KB Bank. to support business continuity, business   according to the Basel III framework include the readiness of the
development and growth in profit levels.                              information system and the availability of the database, periodic
                                                                      reviews of policies and procedures at the Bank in implementing
Pillar 3 Basel II                                                     the measurement and monitoring of the liquidity ratio based on
                                                                      the Basel III framework.
By paying attention to Financial Services Authority Regulation
no. 6/POJK.03/2015 concerning Transparency and Publication            In accordance with POJK No. 50/POJK.03/2017 concerning the
of Bank Reports and Financial Services Authority Regulation           Obligation to Fulfill the Net Stable Funding Ratio, starting from
no.32/POJK.03/2016 concerning Amendments to Financial Services        January 2018 KB Bank has monitored the fulfillment of the net
Authority Regulation No.6/POJK.03/2015 concerning Transparency        stable funding ratio.
and Publication of Bank Reports, there is several report contents,
especially those related to risk management, including disclosure     The implementation of the NSFR framework is inseparable from
of each type of risk, potential losses (risk exposures) faced by      the LCR framework and is complementary as a tool to measure
the Bank, risk management practices implemented by the Bank,          the Bank's liquidity risk, where the fulfillment of the LCR standard
and disclosure of liquidity adequacy ratio reports. In general,       aims to improve the short-term resilience of KB Bank's liquidity risk
KB Bank has disclosed this in the KB Bank annual report and           profile by ensuring that KB Bank has sufficient High Quality Liquid
publications on the KB Bank website. The Bank will continue to        Assets (HQLA) to survive during a significant stress scenario period
improve database development, information systems, and risk           in the next 30 days, while the fulfillment of the NSFR standard
management so that it can produce increased disclosure and            aims to reduce funding risk for a longer period by requiring banks
comply with pillar 3 of Basel II.                                     to fund their activities with adequate stable sources of funds in
                                                                      order to mitigate the risk of pressure on funding in the future.
Basel III-Liquidity Coverage Ratio dan Net Stable
Funding Ratio                                                         In order to improve the quality and quantity of capital in accordance
                                                                      with the implementation of Basel III, especially the aspects of
In connection with the implementation of Basel III, the Financial     common equity tier I, conservation buffer, countercyclical buffer
Services Authority has issued Financial Services Authority            and leverage ratio, KB Bank has prepared strategic steps in order
Regulation No. 42/POJK.03/2015 dated December 23, 2015                to strengthen capital to support the achievement of the business
concerning the Obligation to Fulfil the Liquidity Coverage Ratio      plan.
for Commercial Banks and Financial Services Authority Regulation
No. 32/POJK.03/2016 concerning Amendments to Financial Services
Authority Regulation No. 6/POJK.03/2015 concerning Transparency
and Publication of Bank Reports. The Company has reviewed the
Liquidity Coverage Ratio (LCR) Calculation Guidelines as stated
in the Board of Directors Circular Letter No. SE/004/DIR/I/2019




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          Corporate Governance




Basel III – Interest Rate Risk in the Banking Book                     Review of the Effectiveness of the Risk
(IRRBB)                                                                Management System Implementation
In order to improve KB Bank's ability to manage market risk,           The Company keeps striving to improve the effectiveness of the
especially interest rate risk, namely risk originating from interest   risk management system through periodic evaluations. This step
rate movements in the market that are contrary to the banking          is taken to ensure that every policy and strategy implemented
book position having the potential to impact the Bank's capital        is in line with the Company's long-term goals. In supporting the
and income, both now and in the future (Interest Rate Risk in          implementation of the strategic plan, the Company takes the
The Banking Book/IRRBB), KB Bank has currently calculated and          following steps:
implemented IRRBB, which is reported quarterly to the OJK.             1. Reviewing the Risk Appetite policy related to capital
                                                                            adequacy by establishing an ICAAP (internal Capital Adequacy
Efforts to Improve Risk Culture                                             Assessment Process) system and internal limits adjusted to
                                                                            the current bank conditions.
KB Bank is committed to strengthening corporate governance             2. Reviewing high-level risk management policies.
through strengthening risk management. In this effort, the role        3. Reviewing the capital management policy of PT Bank KB
of the Risk Monitoring Committee continues to be optimized                  Bukopin Tbk.
to improve the effectiveness of supervision by the Board of            4. Reviewing policies related to PT Bank Bukopin Tbk's
Commissioners. In addition, the Company also ensures that the               Product Programs.
Risk Management Committee at the Board of Directors level, along       5. Forming technical instructions regarding the Stress Test for
with its supporting committees, function optimally in managing              risk management.
and mitigating the various risks faced.                                6. Reviewing policies related to risk profiles.
                                                                       7. Forming policies related to the Recovery Plan.
Risk Management Implementation                                         8. Forming technical instructions for RWA Limit Monitoring.
Strategy Initiative in 2024                                            9. Reviewing policies related to operational risk management.
                                                                       10. Reviewing policies and limits for market and liquidity risk
The Company is committed to improving the implementation of                 management.
risk management in all operational aspects to ensure that risks        11. Forming global treasury policy.
remain under control in accordance with the business strategies        12. Updating dealer limit guidelines.
and objectives set out in the Bank's 2024 Business Plan. To support    13. Conducting a review of emergency funding plan policy.
the achievement of targets set out in the plan, the Company will       14. Forming appetite limits for LCR and NSFR.
implement a number of risk management strategies that are in           15. Forming technical guidelines related to SME, Wholesale, Retail
line with efforts to achieve the 2024 budget targets, including:            and Knock out Credit Ratings.
1. Strengthening the adequacy of the risk management
    framework.                                                         Management Statement on
2. Strengthening the implementation of risk management by              the Adequacy of the Risk
    establishing a management system that is in accordance with        Management System
    the bank's conditions.
3. Increasing risk awareness by disseminating knowledge                KB Bank has conducted a review of the risk management system
    about risk management (RWA concept, ICAAP, etc.)                   effectiveness throughout 2024. This evaluation covers various
4. Encouraging a risk culture in line with efforts to achieve the      aspects, including:
    Bank's business strategy in 2025-2027.                             1. The Board of Directors evaluates the adequacy of risk
                                                                           management through regular reviews of the applicable risk
                                                                           management policies and procedures, the adequacy of the risk
                                                                           management system, risk exposure reports, and assessment
                                                                           of KB Bank's risk profile.
                                                                       2. The Board of Directors evaluates the adequacy of risk
                                                                           management through regular reviews of the applicable risk
                                                                           management policies and procedures, the adequacy of the risk
                                                                           management system, risk exposure reports, and assessment
                                                                           of KB Bank's risk profile

                                                                       .


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                                                                 INTERNAL CONTROL SYSTEM


KB Bank emphasizes the effective Internal Control System as a        6. Intended to increase effectiveness and efficiency in the use
part of its commitment to managing risk and ensuring optimal            of assets and other resources in order to protect KB Bank
operational sustainability. This system is the main foundation          from the risk of loss;
in maintaining integrity and transparency in every aspect of the     7. Increasing the Effectiveness of Risk Culture in the KB Bank
Bank's operational activities.                                          Organization as a Whole (Risk Culture Objective);
                                                                     8. Intended to identify weaknesses and assess deviations early
The Internal Control System implemented by KB Bank is designed          as well as reassess the reasonableness of existing policies
not only to achieve the bank's long-term goals, but also to ensure      and procedures at KB Bank on an ongoing basis
compliance with good governance standards, as well as reduce
potential losses arising from non-compliance or operational risks.   Control Activities
In this case, the internal control system functions as a tool to
maintain compliance with applicable laws, as well as to increase      The control environment is the basis for effective operational
added value for all stakeholders.                                    management. The commitment and attention of the Board of
                                                                     Directors and the Board of Commissioners highly influence proper
KB Bank adopts the COSO (Committee of the Sponsoring                 control. Several important elements in the control environment
Organizations of the Treadway Commission) - Internal                 at KB Bank include:
Control Integrated Framework as a basis for compiling and            1. Adequate organizational structure;
implementing the Internal Control System. This framework             2. KB Bank's leadership style and management philosophy;
provides comprehensive guidelines in managing aspects related        3. Integrity and ethical values and
                                                                                                     ​​  competence of all employees;
to operational control, financial reporting, and compliance with     4. KB Bank's human resource policies and procedures;
relevant regulations.                                                5. Attention and direction from KB Bank's management and other
                                                                         committees, such as the Risk Management Committee; and
By following the principles in the COSO framework, KB Bank           6. External factors that affect KB Bank's operations and the
ensures that the internal controls implemented cover all the             implementation of Risk Management
essential elements needed to comprehensively mitigate risks,
improve operational efficiency, and ensure the achievement of        Control Assessment
high compliance standards in accordance with the applicable laws.
                                                                     Risk assessment at KB Bank is a process involving the Board of
Control Objectives                                                   Directors to identify, analyze, and evaluate the risks faced, with
                                                                     the aim of supporting the achievement of the targets that have
1. Compliance with Provisions and Legislative Regulations            been set out. The bank continuously identifies and evaluates risks
   (Compliance Objectives);                                          that have the potential to affect the achievement of these goals.
2. Intended to ensure that all KB Bank business activities are
   carried out in accordance with statutory provisions and           In addition to the Board of Directors, internal auditors also
   regulations, both provisions issued by the government, the        participate in the risk assessment process to ensure that the
   Financial Services Authority and internal policies, provisions    audit coverage covers all aspects of risk comprehensively. This
   and procedures stipulated by KB Bank;                             risk assessment process includes identifying the type of risk,
3. Availability of Complete, Accurate, Appropriate and Timely        determining risk limits, and implementing appropriate risk
   Financial and Management Information or Information               control techniques. The risk assessment methodology is used
   Objectives;                                                       as a reference in preparing a risk profile, which is documented
4. Intended to ensure the availability of complete, accurate,        periodically to ensure that relevant and up-to-date data is
   effective, and timely reports necessary for appropriate and       available to support appropriate decision making
   accountable decision making;                                      .
5. Effectiveness and Efficiency in KB Bank Business Activities
   (Operational Objectives);




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          Corporate Governance




Control Activities                                                      Submission of internal audit assessments by the Internal Audit
                                                                        Work Unit is submitted directly to the President Director, Board
Control activities at KB Bank involve all employees, including the      of Commissioners, Audit Committee and Director in charge of the
Board of Directors, to ensure effectiveness in controlling the risks    compliance function. Weaknesses in internal control, whether
that have been identified. Controls that are well planned and           identified by the Operational Work Unit (risk taking unit), SKAI, or
implemented will provide confidence to officials and employees          other parties, will be immediately reported to authorized officials
that the directions of the Board of Directors and Board of              and/or Directors for attention and corrective action to be taken.
Commissioners have been implemented effectively.                        Material internal control weaknesses must be reported to the
                                                                        Board of Commissioners.
This control includes policies, procedures and practices designed
to provide confidence to all Bank staff that instructions and           Implementation of the Internal Control
decisions from top management have been implemented properly.           System and Compliance with the
Control activities are implemented at all functional levels in          COSO Internal Control Framework
accordance with the organizational structure of KB Bank, ensuring
that every part of the Bank is involved in comprehensive risk           The Company has work reference standards that apply to all
control efforts, which at least include:                                divisions and functions in the Company as the party responsible for
1. Management Review (Top Level Reviews);                               implementing internal control in daily operational activities. The
2. Management Reviews (Top Level Reviews);                              Bank’s internal control system currently running is in accordance
3. Operational Performance Review (Functional Review);                  with the COSO Framework, internal control involves all parties in
4. Information System Control;                                          the Company starting from employees, officials to the Directors
5. Control of Physical Assets;                                          and Board of Commissioners.
6. Documentation
                                                                         The internal control implemented aims to reach effectiveness
Information and Communication                                           and efficiency of operational activities, reporting objectives
                                                                        relating to reliable, timely and transparent financial reporting
The Information System must be able to produce reports regarding        as determined by regulators as well as compliance objectives
business activities, financial conditions, implementation of Risk       relating to compliance with regulations, and applicable legislation.
Management, and fulfillment of provisions that support the              These three objectives are achieved through 5 (five) internal
implementation of the duties of the Board of Directors and Board        control components, namely:
of Commissioners. The information includes:                             1. Control Environment which is a set of standards, processes and
1. Sufficient and comprehensive internal and external information           structures that provide the basis for implementing internal
    necessary for appropriate and accountable decision making;              control throughout the organization;
2. Reliable information regarding all functional activities of          2. Risk Assessment, which is a dynamic and interactive process
    KB Bank;                                                                for identifying and assessing risks to achieving objectives;
3. The security of the systems used, both storage systems and           3. Control activities carried out at all levels of the entity which
    use of electronic data, must be guaranteed, monitored by an             include determination;
    independent party (internal auditor), and supported by an           4. Policies, provisions, procedures and compliance in
    adequate contingency program;                                           implementation in all operational activities;
4. Availability of adequate evidence and documents to support           5. Information and Communication, namely a communication
    the audit trail process                                                 mechanism that involves all parties which is carried out
                                                                            continuously in sharing relevant and quality information from
Monitoring Activities                                                       both internal and external sources to support internal control;
                                                                        6. Monitoring, is an evaluation activity carried out on an ongoing
Continuous monitoring is carried out on the overall effectiveness           basis to provide confidence in the adequacy of internal control.
of the implementation of internal control through three lines of
defenses. Monitoring of the Bank’s main risks must be prioritized
and function as part of the Bank’s daily activities including regular
evaluation, both by operational work units (risk taking units)
and by SKAI.




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Page 437
Evaluation of the Implementation of the Internal Control System
In order to ensure the effectiveness of the internal control system, KB Bank continuously evaluates the mechanisms implemented. This
evaluation is carried out by the supervisory units at the second and third levels, including the Compliance Work Unit, Risk Management
Work Unit, Quality Assurance Division, and Internal Audit Work Unit. Each unit has a strategic role in identifying and assessing potential
risks that can affect the stability of the Bank's operations.

Throughout 2024, KB Bank has implemented various improvement measures to strengthen the internal control system. These efforts
include policy updates, procedure adjustments, and system development to improve risk mitigation and supervision effectiveness. The
evaluation conducted by the Internal Audit Work Unit is also an important input for the Board of Commissioners, especially through
the Audit Committee, in determining strategic steps going forward.

Based on the evaluation results, the internal control system at KB Bank is considered to have met the established standards, reflecting
the Bank's seriousness in maintaining good governance. This confirms KB Bank's commitment to creating a safe, controlled, and
efficient operational environment to support sustainable growth.




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         Corporate Governance




COMPLIANCE FUNCTION


The Position of the Compliance Function in the Organization
KB Bank's Compliance Function plays a role in ensuring compliance with applicable regulations in accordance with POJK No. 46/
POJK.03/2017 concerning the Compliance Function of Commercial Banks. As part of good governance, this function is responsible for
implementing preventive measures to ensure that the Bank's policies, systems, and procedures are in line with the provisions set by
the regulator.

In carrying out its duties, the Compliance Function monitors and evaluates KB Bank's commitments to the Financial Services Authority
and other relevant authorities. In addition, this function also provides direction to business and operational units so that the Bank's
business activities remain in accordance with applicable regulations. Through this role, KB Bank not only maintains compliance with
regulations, but also protects its reputation and integrity in the eyes of regulators and the public.

Compliance Operational Guidelines
As part of efforts to strengthen good corporate governance, KB Bank has established various operational guidelines that serve as the
basis for implementing the Compliance Function. These internal provisions are designed to ensure that all banking activities are in
line with compliance principles and applicable regulations, including:
1. SEDIR No. SE/086/DKH/IX/2023 Concerning Guidelines for Fulfilling Data and Information Requests for Supervision and Inspection
    of PT Bank KB Bukopin Tbk;
2. Decree No. SK 0125 of 2022 concerning the Policy for Implementing the Compliance Function of PT Bank KB Bukopin Tbk;
3. Circular No. SE/281/DIR/XI/2021 concerning Instructions for Implementing the Compliance Work Unit Function in Ensuring the
    Implementation of the Fulfillment of Audit Result Commitments to the Financial Services Authority, Bank Indonesia, Regulators
    and/or Competent Authorities;
4. Board of Directors Circular No. SE/155/DIR/VIII/2018 concerning Implementation of the Compliance Function of the Compliance
    Work Unit in Credit.
5. Decree of the Board of Commissioners No. 001 of 2017 concerning Guidelines for Supervision of the Board of Commissioners on
    the Implementation of the Compliance Function at PT Bank KB Bukopin Tbk;
6. Board of Directors Circular Letter No. SE/054/DIR/V/2017 concerning Compliance Risk Management Guidelines for Bank KB Bukopin;
7. Board of Directors Circular Letter No. SE/009/DIR/IV/2013 concerning Implementation of Compliance Work Unit Functions in
    Compliance Checklist.

Compliance Organizational Structure
The Compliance Work Unit is independent and is not influenced by other work units. The purpose of establishing the Compliance
Work Unit is to support the implementation of tasks and be directly responsible to the Director of Compliance, who is the Director in
charge of the Compliance Function at KB Bank. The Compliance Work Unit has a position at the Department level.




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                                                                   Compliance & Risk




                                                                    Compliance & QA




                                                                 Compliance Policy & GCG




          Business                  Operation & IT                                                                             GCG Monitoring &
                                                                                           Regulatory & Policy Unit
       Compliance Unit             Compliance Unit                                                                         Regulator Engagement Unit




                                                                                                                               GCG Monitoring & Regulator
   Business Compliance Staff        Operation Compliance Staff                                 Regulatory & Policy Staff
                                                                                                                                   Engagement Staff




                                           IT Compliance Staff




Directors in Charge of Compliance Function
The Director in charge of the Compliance Function is Mr. Dodi Widjajanto as the Compliance Director. A brief profile can be seen in
the Board of Directors Profile section. The appointment of the Director in charge of the Compliance function has gone through a fit
and proper test process in accordance with the provisions of the Regulator.

Profile of the Head of the Compliance Work Unit
The appointment and dismissal of the Head of the Compliance Work Unit refers to KB Bank Compliance Policy and is reported
to the Regulator, and is carried out by the President Director on the recommendation of the Board of Directors and then reports
directly to the Compliance Director.




                                       Kimin
                                       Compliance , Policy & GCG Department Head




 Age                                   54 Years old

 Nationality                           Indonesia

 Domicile                              South Jakarta

 Education                             Bachelor of Economics from Tujuh Belas Agustus University, Semarang

                                       •       Semarang KC Operations Coordinator (August 2010-July 2013)
                                       •       Magelang KC Service Coordinator (August 2013-January 2014)
                                       •       Service & Operations Manager Magelang KC (January 2014-November 2014)
 Work Experience                       •       Service & Operations Manager KC Sidoarjo (November 2014-December 2016)
                                       •       Yogyakarta KC Service & Operations Manager (January 2017-December 2017)
                                       •       Makassar KC Service & Operations Manager (January 2018-February 2019)
                                       •       Head of Head Office Compliance, Policy & Governance Department (February 2019-present)

 Concurrent Position                   -

 Legal Basis of Appointment            Decree No. SKEP/0161-DIR/II/2019 dated February 11, 2019

                                       •       BSMR Level IV
 Qualification
                                       •       Compliance Certification Level II




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            Corporate Governance




Duties and Responsibilities of the Head of the Compliance Work Unit
Based on POJK No. 46/POJK.03/2017 concerning the Implementation of Compliance Functions for Commercial Banks, it is explained
that the Duties and Responsibilities of the Compliance Work Unit are as follows:
Take steps to support the creation of a Compliance Culture in all Bank business activities at every level of the organization;
1. Identify, measure, monitor and control Compliance Risk by referring to the provisions of the Financial Services Authority which
    regulate the implementation of risk management for commercial banks;
2. Assess and evaluate the effectiveness, adequacy and conformity of the Bank’s policies, provisions, systems and procedures with
    the provisions of laws and regulations;
3. Review and/or recommend updating and improving policies, provisions, systems and procedures owned by the Bank so that they
    comply with the provisions of the Financial Services Authority and statutory regulations;
4. Make efforts to ensure that the Bank’s policies, provisions, systems and procedures, as well as business activities are in accordance
    with the provisions of the Financial Services Authority and statutory regulations;
5. Perform other duties related to the Compliance Function.

Compliance Function Competency Development

     No.               Training Name                          Date                          Organizer                              Place
 1         Consumer Protection Training              March 6, 2024           Surya Indonesia Training                    Jakarta
 2         Anti-Corruption and Anti-Fraud Training   July 19. 2024           AAFM                                        Jakarta

 3         Finance Budget Training                   July 4, 2024            Internal House (Education and Training)     Jakarta

 4         Anti Fraud Workshop                       August 22, 2024         Internal House (Education and Training)     Jakarta
 5         Governance Risk Compliance                December 6, 2024        Internal House (Education and Training)     Jakarta


Compliance Principles
The implementation of the Bank's Compliance Function refers to POJK No. 46/POJK.03/2017 concerning the Compliance Function of
Commercial Banks, namely managing ex-ante (preventive) steps to ensure that policies, provisions, systems and procedures, and
business activities carried out by the Bank are in accordance with the provisions of the Regulator and applicable laws and regulations,
as well as ensuring the Bank's compliance with the commitments made by the Bank to the Financial Services Authority and/or other
authorized supervisory authorities.

Compliance Work Unit Work Plan
Realizing the implementation of Compliance Culture at all levels of the organization
1. Conducting a socialization program through the Compliance Campaign. The Compliance Department coordinates with the Anti-
   Fraud, Anti-Money Laundering, Risk Management, and Information Security (IT) Departments, in conducting a program to improve
   the culture of compliance, namely blast post master via email media, including:
   a. Anti Money Laundering (AML) Awareness- Excluded Cash Transactions
   b. Anti Money Laundering (AML) Awareness- Opening a Special Campaign Fund Account (RKDK)
   c. Anti Money Laundering (AML) Awareness- Be Careful of Getting Trapped in Online Gambling
   d. Security Awareness: Ransomware is a Real Threat, Prevent It Now!
   e. Security Awareness: Maintain Data Security in the Work Environment!
   f. Anti Money Laundering (AML) Awareness-Business Email Compromise (BEC)
   g. Security Awareness: Recognize the Characteristics of Phishing Emails!
   h. Operational Risk Awareness: Beware of Illegal Loans
   i. Anti Money Laundering (AML) Awareness- Sanction / Prohibited Country
   j. Beware of the Art of Deceiving the Eyes with the Homograph technique

      Socialization is delivered to all employees regarding knowledge about scams and input on how to avoid and mitigate the risk
      of fraud that occurs through information technology. In addition to the technology side, it also focuses on campaigning for the
      whistle blower mechanism, with the hope that employees can play an active role in supervising the work environment.




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Page 441
2. Conducting socialization of regulations issued by regulators          2. Managing internal policies in the IGRC Portal and monitoring
   and internal provisions to all Branches/Divisions and related            its updates.
   units both in direct meetings and through media including             3. Conduct compliance risk assessment on new products and/or
   IGRC.                                                                    increased exposure to the level of compliance risk developed,
3. Direct discussion/Focus Group Discussion with/Division/                  including:
   Work Unit related to regulations, commitments or certain                 a. Risk Composite for Contactless Credit Card Project & EDC
   provisions, some important policies that are discussed include                Credit Card
   but are not limited to:                                                  b. Risk Assessment Enhancement Core Banking System and
   a. Discussion of the Progress of Fulfillment of the SHINE PG                  Surrounding Payment System (Shine Project)
       1 Project Licensing Documents to Bank Indonesia                      c. Risk Assessment Product Program Regarding Payroll Loan
   b. Invitation to Discussion Meeting on Policy Review                     d. RSA Electronic Mutual Fund Transaction Services through
       Commitment                                                                KB Star
   c. Invitation to Discussion Meeting on Policy Review                  4. Examination of assessment on the readiness of the application
       Commitment                                                           documents for approval to the OJK (Compliance Checklist),
   d. Lesson Learn & Mitigation of Compliance Risk for reporting            including::
       fines                                                                a. Compliance Checklist for New Activity Product Approval
   e. Lesson Learn & Mitigation of Compliance Risk for reporting            b. Compliance Checklist Fit and Proper Test BOD and BOC
       fines                                                             5. Preparation of reports in order to help ensure the
   f. Invitation to Discussion Meeting on Reporting Fines                   implementation of compliance risk management including
   g. Invitation to Online Meeting for Follow-up on Fulfillment             reporting:
       of OJK Audit Commitments in 2024                                     a. Quarterly Compliance Function Report
   h. Invitation to Meeting and 2nd Socialization of Compliance             b. Semester Compliance Function Report
       Obligation Checklist Bank Indonesia Regulation Number                c. Self-Assessment Report on the Implementation of
       5 of 2024                                                                 Governance
   i. Invitation to Zoom Meeting for Follow-up on Fulfillment               d. Submission of Action Plan Realization Report
       of OJK LHP Commitments in 2024 2024 KC Batam.
   j. In addition, the Compliance Department is also actively            6. Delivering and coordinating with the Department and related
       involved in the discussion of the SHINE Project/NGBS.                sections on the follow-up to the Warning Letter and/or fines
                                                                            from the Authorized Agency.
4.    Acting as a Liaison Officer or liaison, coordinating between the
     Regulator and related sections at Bank KB Bank in the context       Ensuring Policies, provisions, systems, and procedures as
     of Bank supervision, including data requests and monitoring         well as business activities in line with the provisions of the
     their fulfillment and matters that need to be coordinated/          Financial Services Organization
     consulted and require discussion with the Regulator.                To ensure that the policies, provisions, systems, and procedures
                                                                         as well as business activities carried out by Bank KB Bank in line
Carrying out Compliance Risk management, including:                      with the provisions of the Financial Services Authority, Bank
1. As an effort to manage Bank Compliance Risk that results in           Indonesia and applicable laws and regulations, hence, KB Bank
   fines, the Compliance Department has taken several steps:             has done several things, namely:
   a. Creating a matrix of reports that must be sent to the              1. The Compliance Department has initiated as PIC who
       regulator, and always providing monthly reminders for                 coordinates and monitors the updating of policies that have
       reports that must be sent by each Department.                         expired, with the aim that these policies are always updated
   b. If there is a fine, the Compliance Department coordinates              in accordance with the latest regulations and can support the
       with the risk taking unit to investigate the root cause of            Bank's business and operations. At this time, mapping and
       the fine.                                                             communication have been carried out to each Department and
   c. Delivering the results of the investigation so that the risk           then in the monitoring process, including making an action
       taking unit carries out an action plan for risk mitigation            plan for updating policies within the Compliance Department.
       steps so that in the future the fine will not happen again.       2. Providing opinions on draft business and/or non-business
   d. Taking fines into account in the assessment of the                     provisions/policies, draft Operational Activity Guidelines
       compliance index through the assessment of the Key                    (PKO), Bank business activity plans and plans or drafts of
       Performance Indicator (KPI) of each Department.                       Cooperation Agreements (PKS) through a testing/evaluation
                                                                             process for compliance with the provisions of applicable laws
                                                                             and regulations.
                                                                         3. Delivering reminders regarding reporting obligations, product
                                                                             issuance implementation, bank business activities, bank
                                                                             operations, policy reviews and fine warnings as a form of
                                                                             compliance risk management.




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Ensuring the Bank's compliance with the commitments made                     i)   Foster working relationships with internal parties, in
by the Bank to Bank Indonesia and/or applicable authorities                       monitoring and coordinating the implementation of
1. Monitoring the follow-up of Commitments to regulators                          APU PPT and PPPSPM program policies.
    (Financial Services Authority, Bank Indonesia and other                 ii) Coordinating with related units, third party
    competent authorities), one of which is by conveying a                        correspondence and Regulators, regarding the
    reminder to the relevant Division/Branch regarding the                        implementation of the APU PPT and PPPSPM programs,
    fulfillment of the Follow-up to the Audit Findings Commitment.                including:
2. Submitting the Audit Findings Commitment Follow-up Report                      • Requests for updating Customer data for the
    to the Financial Services Authority, Bank Indonesia.                               preparation of reports on plans and realization
                                                                                       of data updates to the Financial Services Authority
From the results of the monitoring and follow-up reports above,                        (OJK).
the results of the fulfillment of the OJK and BI commitments at                   • Requests for improvements to the filling in of
the Head Office & Branch Offices according to the Bank's internal                      complete Customer data for SIPESAT reporting to
assessment have reached 100% until the commitment maturity                             the Financial Transaction Reports and Analysis
date of December 31, 2024.                                                             Center (PPATK) to operational work units
                                                                                       throughout Indonesia.
Implementation of Compliance Function Duties for the                              • Following up on requests for blocking, unblocking,
Implementation of Anti-Money Laundering & Prevention of                                termination and postponement of transactions
Terrorism Financing (APU & PPT)                                                        at the request of investigators or Regulators at
1. Ensuring IT and Systems can support reporting obligations                           Branch Offices and Head Offices.
    to PPATK and Monitoring Transactions and customer data,                       • Reporting the List of Suspected Terrorists and
    this is done by:                                                                   Terrorist Organizations (DTTOT) and the List of
    a. Development of AML Transaction Monitoring System                                Proliferation of Weapons of Mass Destruction
        i) Development of an AML system that can detect                                (DPSPM) to the Special Detachment 88 (Densus
             suspicious transactions, cash financial transactions,                     88) and OJK as well as maintaining DTTOT and
             transactions from and to abroad, and other functions                      DPSPM into the AML System.
             that support the implementation of the APU and PPT                   • Reporting based on KPK's request with the
             program, has gone live as of August 10, 2023.                             contents of Customer profile data that matches
        ii) Currently, the AML system is still being refined                           the request to the PEDAL application.
             regarding the functions of all modules by the Bank's                 • Creating materials and test questions for training
             internal parties and vendors, while the customer                          related to APU PPT and PPPSPM, both online,
             transaction monitoring module can be used and is                          offline and e-learning organized by the APU
             running well.                                                             Department, HR Development Division, and/or
        iii) By using the AML system, it is expected to further                        other Departments.
             strengthen customer transaction monitoring activities                • Requesting data to the relevant Department
             by generating adequate alerts to meet the needs of                        related to the preparation of APU PPT reporting
             suspicious financial transaction reports and other                        for Commercial Banks and other ad hoc reports.
             reports according to the reporting criteria that will                • Following up on requests for information and
             be sent to the Regulator.                                                 documents regarding third party correspondence
                                                                                       related to APU PPT and PPPSPM.
   b. Monitoring Customer Profile Updates and Customer                      iii) Maintaining PEP Customer Data at the Bank.
      Transaction Profiles:                                                 iv) Acting as a help desk for the Jakarta Branch and Area
      i) Determine the criteria for customer data update plans                    in terms of implementing APU PPT and PPPSPM, both
           by measuring urgency based on customer profiles                        via voice call and WhatsApp group, email, and BOC.
           using a risk-based approach.                                     v) Making TPPU/TPPT/PPSPM risk assessments at Branch
      ii) Coordinate with the Customer Development and                            Offices for 2024
           Service Department (DPNS) to distribute data and                 vi) Updates to technical instructions for implementing
           monitor the implementation process of data update                      the APU PPT and PPPSPM Programs.
           plans carried out by branches.                                   vii) Creating a campaign related to the implementation
      iii) Provide reminders to branches to ensure the                            of the APU PPT and PPPSPM programs via postmaster
           implementation of customer risk profiles based on                      email and BOC (internal bank communication media)
           the Risk Based Approach (RBA) in accordance with                       sent at the beginning of each month.
           the provisions.                                                  viii) Providing opinions related to new Bank products and
      iv) Continuously monitor customer transactions and                          activities related to the implementation of the APU,
           activities and fulfill reporting to regulators related to              PPT and PPPSPM programs.
           STR, CTR, IFTI and other reports.                             d. Conducting analysis and submitting the Cash Transaction
   c. Coordinate and monitor the implementation of the APU                  Report (LTKT) / Cash Transaction Report (CTR) online no
      PPT and PPPSPM programs with related work units:                      later than 14 (fourteen) working days using the GoAML
                                                                            application:

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      i) January 111 times.                                             n. Reporting CAT (Collaborative Analysis Team) of Regional
      ii) February 100 times.                                              Elections to PPATK routinely daily and monthly.
      iii) March 73 times.                                              o. Monitoring that there is a good communication mechanism
      iv) April 83 times.                                                  from each related work unit to the special work unit or
      v) May 76 times.                                                     to the official responsible for the implementation of
      vi) June 94 times.                                                   the APU PPT and PPPSPM programs by maintaining the
      vii) July 95 reports.                                                confidentiality of information:
      viii) August 79 reports.                                          p. Training needs for APU and PPT programs for Bank
      ix) September 111 reports.                                           employees:
      x) October 93 reports.                                               i) Reviewing training and socialization materials as well
      xi) November 86 reports.                                                  as questions for pre & post tests.
      xii) December 171 reports.                                           ii) Conducting training and socialization related to the
   e. Conduct analysis and submit Financial Transaction Reports                 implementation of the APU PPT and PPPSPM programs,
      that indicate Suspicious (LTKM) / Suspicous Transaction                   both at the head office, branch offices, or other related
      Report (STR) online no later than 3 (three) working days                  units, new employees and existing employees with
      using the GoAML application:                                              materials containing Customer identification &
      i) January as many as 1 Report.                                           verification, CDD, EDD, screening, regulator reporting,
      ii) February as many as 0 Reports.                                        and other matters related to the implementation of
      iii) March as many as 1 Report.                                           the APU PPT and PPPSPM programs.
      iv) April as many as 1 Report.                                       iii) Running an e-learning training program for each
      v) May as many as 1 Report.                                               employee regarding the implementation of the APU
      vi) June as many as 2 Reports.                                            PPT and PPPSPM programs.
      vii) July as many as 6 Reports.                                      iv) Implementing executive training attended by Directors,
      viii) August as many as 4 Reports.                                        Commissioners, and all Division Heads.
      ix) September as many as 3 Reports.                                  v) Attending seminars, outreach, and/or coordination
      x) October as many as 1 Report.                                           meetings held by OJK, PPATK and other institutions
      xi) November as many as 2 Reports.                                        related to the APU PPT and PPPSPM programs
      xii) December as many as 8 Reports.
   f. Conduct analysis and submit Financial Transaction Reports
      from and to Abroad (LTKL) / International Funds Transfer
      Instruction (IFTI) online no later than 14 (fourteen) working
      days using the GoAML applicatio :
      i) January as many as 1436 Reports.
      ii) February as many as 1205 Reports.
      iii) March as many as 887 Reports.
      iv) April as many as 847 Reports.
      v) May as many as 1042 Reports.
      vi) June as many as 1381 Reports.
      vii) July as many as 1,339 Reports.
      viii) August as many as 1,421 Reports.
      ix) September as many as 1,320 Reports.
      x) October as many as 1,581 Reports.
      xi) November as many as 1,636 Reports.
      xii) December as many as 1,518 Reports.
   g. Reporting related to the implementation of the APU
      and PPT programs on a monthly basis to KB Kookmin
      (Headquarter).
   h. Reporting SIPESAT related to new Customer data.
   i. Reporting SIGAP based on OJK's request.
   j. Reporting SIPENDAR based on PPATK's request.
   k. Reporting PEDAL based on KPK's request with the contents
      of Customer profile data that matches the request.
   l. Reporting the 2025 Data Update Plan to OJK.
   m. Reporting APU PPT of General Banks through APOLO OJK.




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INFORMATION TECHNOLOGY GOVERNANCE


In the deveoping digital era, information technology plays a crucial   1. Core Banking
role in the banking industry, especially in improving operational          Issues related to G/L and account management issues that
efficiency and service quality for customers. Nowadays, digital            occurred in the old system are quickly resolved by introducing
transformation is the main strategy for banks in facing market             a modern core banking package.
dynamics and competition in the financial sector.                      2. Transportation Layer
                                                                           Modernizing the current fragmented transportation layer
Through technology strengthening initiatives, banks are trying             architecture through middleware enhancements and
to rebuild core banking, information systems, and technology               architectural refactoring.
infrastructure to create more modern, secure, and efficient            3. Management Information System (MIS)
services. This step is also in line with compliance with regulations       EDW significantly enhanced by introducing new functions
set by the Financial Services Authority (OJK), Bank Indonesia (BI),        such as RDM, CRM, audit, profitability and KPI and compliance
and applicable information technology governance standards.                response.
                                                                       4. New Loan Origination and Admin
In addition to focusing on technological innovation, system                Can contribute to credit risk mitigation and increase recovery
strengthening also includes improving application architecture             rate by mechanizing manual screening, evaluation, and post-
and strengthening security systems. The implementation of good             management processes.
information technology governance is expected to increase market       5. Payment Gateway
share, expand customer coverage, and increase profitability                For timely launch of digital convergence products, payments,
through operational cost efficiency.                                       approvals, regulatory responses, reconciliation functions for
                                                                           each payment network are integrated into one system.
In 2024, it will be an important milestone in stabilizing and          6. Digital First
optimizing the new system that has been developed. With a more             All-in-one digital infrastructure is used to minimize the impact
robust system and an increasingly prepared organization, the               on legacy systems to realize the bank's digital transformation
banking sector is expected to be able to face the challenges of            strategy more securely and efficiently.
the increasingly complex financial industry and strengthen its         7. General Affairs
position in the national market                                            Gain visibility into internal operations by computerizing
                                                                           Target and expenditure execution processes, deed inventory
                                                                           management, and fixed asset management.
Policies and Strategies in Information                                 8. IT Operation
Technology Management                                                      Able to significantly improve service availability and quality
                                                                           by introducing modern ITSM.
KB Bank applies various policies in information technology             9. Banking Terminal
management strategies to support efficient and innovative                  Able to solve current productivity issues by introducing an
operations. KB Bank's information technology management                    integrated terminal system with improved UI/UX and usability
policies and strategies in 2024 are as follows:                            that has a single sign on feature.
1. Focus on the development and completion of the SHINE                10. Credit Card
    Project.                                                               Able to attract wealthy customers by improving the
2. In addition to matters relating to the SHINE Project, the bank          functionality of outdated cards through licensing upgrades,
    still develops projects with regulatory categories as well as          integration with new core banking and providing new digital
    follow-up on external audit findings and developments                  credit card services.
    categorized as strategic development.                              11. Anti Money Laundering (AML) System and Fraud Detection
                                                                           System (FDS)
IT Disruption                                                              Significantly reduce the risk of large penalties and reputation
                                                                           by introducing an agile compliance response system and
Information technology plays a very important role in the banking          implementing a fraud monitoring system.
industry, especially in increasing competitiveness and operational     12. Software
efficiency. Along with the rapid development of technology, the            Improve the availability and quality of banking services
Company continues to innovate to face challenges and take                  through modernization of infrastructure software.
advantage of existing opportunities. By utilizing technological        13. Enterprise Authentication
advances, the Company can remain relevant and flexible in facing           A new authentication system based on various biometrics
market dynamics. Some of the development steps taken by the                such as fingerprint, iris or facial recognition is provided.
bank include the following:


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14. Device Refreshment                                                  k. Integrated audit log to record access types such as users
    Replacement and rejuvenation of devices in all Branch Offices          and objects.
    to support the implementation of the SHINE system in the            l. Database access control system to control user database
    banking line.                                                          access based on authority.
                                                                        m. Database encryption system to protect against external
Cyber Security                                                             database intrusions, internal user authorization errors,
                                                                           and malicious access.
1. Administrative Security
   a. Systematic Security Organization and definition of roles       Disaster Recovery
      and distribution of experts.
   b. Security Incident and Response training for experts on         The Information Technology Continuity Management Policy aims
      a regular basis.                                               to ensure the continuity of IT service operations in unexpected
   c. Increasing information security awareness (IT Security         situations. This policy is an integral part of the implementation
      Awareness) for executives and employees and conducting         of KB Bank's IT Strategic Plan, which supports the sustainability
      regular training.                                              and stability of the information technology system. The scope of
   d. Implementation of systematic information system security       this policy includes:
      guidelines                                                     1. General Policy.
2. Physical Security                                                 2. Business Impact Analysis Policy.
   a. Implementation of storage media control systems in offices     3. Risk Assessment Policy.
      and security maintenance facilities.                           4. Disaster Recovery Policy.
   b. Creating PC document security to prevent confidential          5. Disaster Recovery Center Facility Policy.
      leaks.                                                         6. Trial Policy.
   c. Creating PC security patch management, for the latest          7. Training and Awareness Policy.
      security patches and updates.                                  8. Review and Audit Policy.
   d. Implementation of an illegal Software blocking system to       9. Third Party DRC Service Provider Policy.
      identify software assets (Software Maintenance).
3. Technology Security                                               Identification and Management of Major
   a. Detection system to monitor suspicious activity in network     Risks Reported to the Board of Directors
      traffic.
   b. Malicious site blocking system to block access to sites        Identification and management of major risks reported to the
      that distribute code and malicious sites that can leak         Board of Directors is conducted through a systematic and ongoing
      internal information                                           process. Every incident or indication of risk or weakness detected
   c. Access control system to control network access by             by risk tools will be immediately followed up with corrective
      checking Security Policy before accessing the internal         measures. The reporting and escalation process starts from
      network.                                                       each business unit and supporting unit until it reaches the Risk
   d. Implementing a web firewall to protect web applications.       Management Committee.
   e. DDoS system to respond to DDoS attacks.
   f. Implementation of Threat Management System (TMS) to            Certifications Held by the
      protect internal information assets from various threats.      Company's IT Personnel
   g. Integrated Source Code and Repository Management to
      manage change points such as documents, blueprints,            KB Bank's Information Technology Group is committed to
      and source code.                                               maintaining system quality and security through continuous
   h. Integrated authentication management system for Single         competency development. To support these efforts, various
      Sign On (SSO).                                                 trainings and certifications are administered to ensure reliable
   i. Mobile application forgery detection system to block illegal   infrastructure and maximum data protection. The following is a list
      changes to mobile applications.                                of Information Technology Group personnel who have participated
   j. Weblog analysis system for improving system errors and         in the certification program:
      security.




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           Corporate Governance




     No.                        Certification                                  Organizer                           Participant
 1         Oracle & Linux                                       INIXINDO                                It Operation & Infrastructure
                                                                                                        It Planning & Customer First,
                                                                                                        Digital Development & Solution,
                                                                                                        Retail Collection, Core System
                                                                                                        Development, It Operation
 2         SMR Certification Level 4, 5 & 6                     BSMR
                                                                                                        & Infrastructure, It Digital &
                                                                                                        Enterprise Development, It
                                                                                                        Operation & Infrastructure, Core
                                                                                                        System Development


Future IT Development Plan
Along with the rapid advancement of digital technology, the banking sector is now increasingly dependent on information technology
systems to support operational sustainability and efficiency. Information Technology no longer functions merely as a tool, but as a
strategic component that supports the achievement of larger business goals. Realizing this, KB Bank has formulated an Information
Technology development plan integrated with the bank's business vision, with a focus on implementing innovation and digitalization.
The following is the Information Technology development plan that will be implemented in the future:
IT Roadmap


                      2025                                         2026                                         2027
                                                Strengthening the System's Independent
 SHINE Project Completion                                                                  Maximizing In-house Development
                                                Operation Capabilities
                                                                                           Accelerate business innovation by utilizing
 SHINE System Implementation
                                                Improve system operating processes to      existing technological capabilities.
 SHINE system Stabilization
                                                increase efficiency and performance.       Increase collaboration with third parties
 Conduct regular training and coaching
                                                Automate system operations to increase     through Open Systems.
 programs to improve system operating
                                                productivity                               Build an ecosystem to facilitate collaboration
 capabilities.
                                                                                           with various stakeholders.




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                                  ANTI MONEY LAUNDERING, COUNTER
                                TERRORISM FINANCING, AND COUNTER
                            PROLIFERATION FINANCING OF WEAPONS OF
                               MASS DESTRUCTION (AML, CFT AND CPF)




Anti-Money Laundering, Prevention of Terrorism Financing, and          KB Bank continues to optimize the AML, CFT, and CPF programs with
Prevention of Proliferation of Weapons of Mass Destruction             a high commitment to improving the quality of its implementation.
Funding Program at KB Bank are implemented based on regulations        Nevertheless, the Bank is aware that the practices of money
issued by the Financial Services Authority, namely POJK No. 8 of       laundering, terrorism financing, and financing of proliferation of
2023, which regulates this matter in the financial services sector,    weapons of mass destruction are still a threat, especially with
especially banking.                                                    advances in technology and developments in the business world
                                                                       that encourage the emergence of new modes. Therefore, KB Bank
KB Bank has established an Anti-Money Laundering (AML)                 focuses on improving risk mitigation efforts that may arise in the
Department at the head office. The AML Department is responsible       future, one of which is through the development of information
for the implementation of the AML, CFT, and CPF programs across        technology, improving transaction monitoring systems, filtering
all KB Bank entities. The AML Department has an analysis and           sanctions, and updating internal policies to remain effective and
reporting function whose task is to supervise the Bank’s financial     in accordance with existing regulatory developments.
transactions and activities to detect potential of money laundering,
terrorism financing, and proliferation financing of weapons of         The AML, PPT, and PPPSPM programs at KB Bank are implemented
mass destruction.                                                      by the AML Department, which is responsible for supervising and
                                                                       ensuring the fulfillment of obligations related to Anti-Money
In 2024, KB Bank carried out a self-assessment of risk exposure        Laundering, Prevention of Terrorism Financing, and Prevention
to money laundering, terrorism financing, and financing of             of Proliferation of Weapons of Mass Destruction (AML, CFT, CPF).
proliferation of weapons of mass destruction on a Bank Wide            Some of the activities carried out by this department include:
basis with a final risk assessment of Medium. The results take         1. Ensuring that KB Bank's AML, CFT, and CPF policies and
into consideration the risk exposure to customers, countries               procedures are adequate and improving the implementation
or geographic areas, products and services, transactions or                of the AML, CFT, and CPF programs in accordance with changes
distribution networks (delivery channels) by also considering              and developments in applicable provisions and other technical
calculations from the National Risk Assessment (NRA) and Sectoral          policies that function to assist in the implementation of AML,
Risk Assessment (SRA).                                                     CFT, and CPF monitoring.
                                                                       2. Ensuring that the structure and organization of the department
KB Bank as a Commercial Bank also plays a role as a Financial              that carries out monitoring and AML, CFT, and CPF programs
Services Provider in the Capital Market Sector because in                  are adequate.
practice KB Bank also carries out Custodian and Trustee function;      3. Identify, assess and understand the risk of Money Laundering
therefore, it is deemed necessary to conduct a separate study and          and/or Terrorism Financing related to customers, countries
assessment of the risks of money laundering, terrorism financing,          or geographic areas, products, services, transactions or
and financing of proliferation of weapons of mass destruction at           distribution networks (delivery channels) through Bank Wide
the Custodian Bank and Trustee. KB Bank as a Custodian Bank and            Risk Assessment (Individual Risk Assessment) AML, CFT, and
Trustee has also conducted a self-assessment of the risks of money         CPF.
laundering, terrorism financing, and financing of proliferation of     4. Monitor the implementation of the AML, CFT, and CPF programs
weapons of mass destruction by using an approach method that               in every work unit activity carried out by branches and head
is not much different from that applied to commercial banks on             offices.
a Bank Wide basis with a final risk assessment, namely for the         5. Analyze and compile reports related to customer transactions
Custodian Bank is Medium and for the Trustee is Low.                       (LTKT, LTKL, and LTKM) and other regulatory reporting in
                                                                           accordance with applicable laws and regulations.




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         Corporate Governance




6. Monitor and report the Customer Data Update Plan and Realization submitted to the Financial Services Authority (OJK).
7. Provide training in the form of socialization related to the implementation of the AML, CFT, and CPF programs periodically to all
    Bank employees in order to improve employee knowledge, insight, and understanding of the AML, CFT, and CPF programs and
    implement them in all work units.
8. Ensure that KB Bank's AML application system can identify transactions outside the profile and provide effective monitoring and
    reporting in an effort to strengthen the AML, CFT, and CPF functions.
9. Ensure that there is a screening process for Prospective Customers, Customers, WIC and transactions from and to the Bank in an
    effort to ensure that the Bank is not used for cross-border crimes and national and international sanctions.
10. Continuously provide adequate AML, CFT, and CPF training for employees in accordance with priority/risk-based approach.




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                                                             LEGAL ISSUES/LITIGATION FOR
                                                             COMPANIES AND SUBSIDIARIES

Throughout 2024, civil and criminal legal issues that have been resolved (have permanent legal force) or are still in the process of
being resolved are presented in the following table:


                                              KB Bank Civil Law Issues Until December 2024

     No.                                 Information                          Common Civil          Bankrupt/PKPU Debtor Cases

 1          Settled Law Cases up to December 2024                                  109                            24
 2          In the settlement process                                              68                             57
 3          2a. Cases in first level (District Court)                              34
 4          2b. Cases in appeal (High Court)                                       10
 5          2c. Cases in cassation (Supreme Court)                                 20
 6          2d. Cases in judicial review (Supreme Court)                            3
 7          2e. Arbitrase                                                           1

 Total                                                                             177                           81




                                           KB Bank Criminal Law Cases Until December 20244
     No.                                  Information                           In process                     Settled
 1           WHISTLEBLOWER                                                           3                            -
 2           REPORTED                                                                4                            2
 3           WITNESS                                                                58                            4

 Total                                                                              65                            6




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         Corporate Governance




IMPORTANT CASES


Important Cases Currently Facing the Company
The following are important cases (civil lawsuit cases) in 2024 which are considered to have the potential to have a material
impact on the Bank:
1. PT. Nur Kencana Lestari Inti
2. PT. Mitra Usaha Sarana
3. DXC
4. PT. Cipta Diamond Property
5. PT. Patibrata

Important Cases Currently Facing Subsidiaries
During 2024 there are no legal problems faced by the Company’s Subsidiaries.

Legal Issues Currently Faced by Current Members of the
Bank’s Board of Commissioners and Directors
In 2024 there was 1 (one) Lawsuit from Debtor in the name of PT Digital Network Aestetik against Mr Woo Yeul Lee (President Director) -
as Defendant II and PT Bank KB Bukopin Tbk - as Defendant I in case No. 209/Pdt.G/2024/PN Jkt.Sel at the South Jakarta District Court.

The lawsuit was filed in connection with the plan for the Execution Auction of Mortgage Rights carried out by PT Bank KB Bukopin
Tbk against the Debtor's facility guarantee. Regarding the lawsuit, the South Jakarta District Court on January 7, 2025 has issued a
Decision which in essence the Plaintiff's Lawsuit is Inadmissible. Until this report was made, the Plaintiff had not filed an appeal, so
that the case has permanent legal force.

Administrative Sanctions from the Relevant Authorities
During 2024, there are no material administrative sanctions that affect the continuity of the Bank’s business or administrative sanctions
for members of the Board of Directors and members of the Board of Commissioners of the Bank given by the regulator.




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Page 451
                ACCESS TO CORPORATE INFORMATION AND DATA


KB Bank is consistently committed to implementing GCG values         15. Until Quarter III 2024, KB Bank Records Net Interest Income
in every aspect of its operations. One implementation of these           Growth of 84.15 Percent
 values is through information disclosure, both internally and       16. Consistently Recording Business Growth, KB Bank Again
externally. The Bank recognizes the importance of managing and           Achieves AAA Rating from PEFINDO
disclosing information about the company to build a positive         17. KB Bank Prints Hyundai Car Pre-Order Financing of More Than
image in the eyes of the public, especially shareholders and             IDR 2.1 Trillion Throughout 2024
other stakeholders.                                                  18. Supporting Tripatra's Strategic Project, KB Bank Strengthens
                                                                         Partnerships through Vendor Financing
In an effort to ensure optimal information disclosure, KB Bank       19. Presenting Company Performance, BBKP Targets Turnaround
routinely provides actual and useful information to stakeholders         in 2025
through various communication channels. This information is          20. Holding EGMS, Bank KB Bukopin (BBKP) Announces Changes
conveyed through press releases, print media, social media, and          Composition of the Board of Commissioners and Directors
electronic media. The Bank always pays attention to the provisions   21. Supporting Food Self-Sufficiency, KB Bank Distributes Credit
related to the confidentiality of company data that have been            Financing to Sugarcane Farmers
established, so that the information submitted remains relevant
and on target. To obtain further information, the Bank has various   DIGITAL NEWSLETTER
facilities that can be accessed, including:
                                                                     Digital transformation has brought significant changes in the way
Press Conference                                                     Bank KB manages internal communication. KB Bank has a monthly
                                                                     magazine as a means of communication with an integrated digital
Through 2024, KB Bank has issued the following press release         platform called Bukopin Office Communication (BOC). With BOC, KB
as follows::                                                         Bank employees can now access the latest information, breaking
1. Complete the Transformation Journey, KB Bank Officially           news, and various important materials related to the Company
    Becomes the Company's New Name and Logo                          and the industry. This digital platform provides convenience
2. KB Bank Partners with United Tractors to Distribute Credit for    and speed for employees to connect with the latest information
    the Purchase of Heavy Equipment                                  about the Company's activities, initiatives, developments, as well
3. Strengthening Funding Structure, KB Bank Receives Long-Term       as opportunities and events held in the internal environment.
    Loan Facility from Korea Development Bank
4. Building Business Ecosystem Growth, KB Bank and APP               Moreover, BOC also offers space for employees to interact more
    Indonesia Sign Vendor Financing Cooperation                      actively. The available comment and feedback features allow
5. KB Bank Distributes Partnership Financing Credit of IDR 123       them to participate in discussions, provide input, and share useful
    Billion to Bank Perekonomian Rakyat                              experiences and ideas.
6. KB Bank Records Two-Fold Growth for New Credit Throughout
    the First Quarter of 2024
7. Fitch Rating Gives KB Bank an International Rating Equivalent
    to Indonesia's Sovereign Credit Rating
8. Providing Convenience and Flexibility for Customers, KB Bank
    Launches KBstar Debit Card
9. Holding an AGMS, KB Bank Explains Performance Growth to
    Changes in the Company's Management Structure
10. Celebrating Its 54th Anniversary, KB Bank Spreads Discounts
    of up to 54%, Shopping, Eating and Vacationing Become Even
    More Economical
11. Company Performance Continues to Improve, KB Bank Board
    of Directors Increases Share Ownership
12. Complete Transformation Journey, KB Bank Pioneers AI-Based
    Credit Assessment in Indonesia
13. KB Bank Optimistic to Achieve Positive Performance with
    Several Significant Improvements Throughout Semester I 2024
14. Strengthening Long-Term Funding Structure, KB Bank Issues
    Global Bonds




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          Corporate Governance




Electronic Media
By referring to OJK regulation no. 8/POJK.04/2015 concerning issuer or public company websites, the Company Website provides
important information such as Information regarding Shareholders, Information regarding the GMS, Company group structure, financial
performance analysis, financial reports for the last 5 years, profiles of the Board of Commissioners and Directors as well as the Charter/
Charter of the Board of Commissioners, Directors, Committees and Internal Audit Unit.

The Company’s official website www.kbbank.co.id can be accessed 24 hours a day and the information presented is always updated
periodically so that the public and stakeholders always get the latest news from KB Bank. Other sites that
can be used to search for information about KB Bank are the OJK and Capital Market sites (www.ojk.go.id and www.idx.co.id).

Social Media
The rapid development of information technology requires the Company to keep adapting so the Company is not left behind. One
of the most effective ways to achieve this goal is through the use of social media, which is now the main communication tool that is
easily accessible to all levels of society. In response to this need, KB Bank is here to provide various information through available
technology applications, such as:


                                                            Facebook @KB Bank
                                                               X @kbbank_id
                                                          Instagram @kbbukopin
                                                              YouTube KB Bank
                                                              TikTok kbbank.id



Print Media
In this increasingly developing digital era, access to information becomes easier with various online platforms. However, amidst this
progress, print media still plays an important role in disseminating information to the public, especially for people who are not yet
fully connected to digital technology. KB Bank continues to utilize print media as a means to convey information to customers and
the wider community. KB Bank collaborates with a number of print media such as Bisnis Indonesia, Investor Daily, and Kontan to
broadcast news.

To obtain more complete information, customers can contact the KB Bank call center at 14005 which operates 24 hours a day. In
addition, further information can also be obtained by visiting the nearest branch office. For investors and prospective investors, more
detailed information is available through Investor Relations which can be contacted via e-mail at investor.relations@kbbank.co.id.




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                                                                                          CODE OF CONDUCT


The Company's Code of Ethics plays a crucial role in maintaining the integrity and consistency of every aspect of the Company's
operations. As a guideline that directs behavior, the Code of Ethics is not just a written regulation, but also a reflection of the noble
values ​​that are upheld in the Company's work culture. Every decision taken, whether on a small or large scale, must always refer to
the principles contained in this Code of Ethics.

The Company's Code of Ethics does not only for daily reference, but also serves as a guide in building healthy and respectful professional
relationships. With the Code of Ethics, it is expected that every individual can contribute to creating a conducive work environment,
where decisions and behaviors taken are always in line with the values ​​of integrity and social responsibility carried by the Company.

Commitment to this Code of Ethics is also manifested by every element in the Company, from the Board of Commissioners to operational
employees, showing that values such
                                ​​     as transparency and accountability are prioritized in every line of the Company's busines.

Code of Ethics Guidelines
The Code of Ethics Guidelines are prepared as guidelines that apply to all levels of the Company, including the Board of Commissioners,
Supporting Organs of the Board of Commissioners, Directors, Management, and all employees, regardless of function, rank, or position.
These guidelines must be followed by all parties and will continue to be evaluated periodically to adjust to the development and
needs of the Company.

KB Bank's Code of Conduct (Code of Ethics) is discussed in 7 (seven) parts, namely:


 Section I                  Obedience
 Section II                 Protecting Company Assets
 Section III                Conflict of Interest
 Section IV                 Leaders as a Role Models
 Section V                  Relationship with Customers, Partners, and Competitors
 Section VI                 Relations with the Company and Fellow Employees
 Section VII                Relations with Shareholders and the Community



Principal/Core of KB Bank Code of Conduct
Principal/core of KB Bank Code of Conduct:                              9. Not to commit disgraceful acts that could harm the image of
1. To obey and comply with applicable laws and regulations;                 the profession and the image of the Company;
2. To make correct records regarding all transactions related to        10. Not to be involved in practical political activities that can
    the Company’s activities;                                               directly or indirectly harm the Company;
3. To avoid unhealthy competition;                                      11. No bad credit
4. Not to abuse authority for personal, family or group interests;
5. Not to be involved in decision making that contains a conflict       Disclosure of Compliance that
    of interest;                                                        the Code of Conducts Applies to
6. To maintain customer and Company confidentiality;                    All Levels of the Organization
7. To take into account the detrimental impact of each policy
    determined by the Company on the economic, social and               All members of the Board of Commissioners, members of the
    environmental situation;                                            Board of Directors, Committee members, permanent workers
8. Not to accept gifts or rewards, either directly or indirectly,       and contract workers in accordance with applicable provisions
    related to the duties and authority carried out;                    are required to comply with and implement the Bank’s Code of
                                                                        Conduct which is marked by the affixing of signatures by all KB
                                                                        Bank Personnel on a Statement of Compliance with the KB Bank
                                                                        Personnel Code of Conduct KB Bank is a concrete manifestation
                                                                        of commitment in implementing the KB Bank Code of Conduct.


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          Corporate Governance




Socialization and Dissemination                                        The successful implementation of the Code of Conduct is not
of the Code of Conduct                                                 only the responsibility of the management team, but also the
                                                                       collective responsibility of all levels of the Company, from the
                                                                       personal level to the work unit level. By internalizing the values
To disseminate KB Bank Code of Conduct, the Board of Directors         of the Code of Conduct, every employee of KB Bank is expected to
and Board of Commissioners ensure that the dissemination of            be able to use ethical principles as a guide in every operational
the Code of Conduct to all Company employees has been carried          activity, so that as a whole the Company can achieve the vision,
out in several ways, including:                                        mission, and goals that have been set.
1. Company website;
2. Internal Memorandum;                                                One form of individual responsibility is in reporting violations of
3. Internal Media;                                                     the Code of Conduct. The Company emphasizes the importance of
4. Ask unit leaders to always remind their personnel to conduct        openness and the obligation to report any actions suspected of
    their activities by respecting the Code of Conduct.                violating the Code of Conduct, whether committed by colleagues
                                                                       or other employees. By providing support and protection for
Efforts to Implement and                                               whistleblowers, the Company creates a safe environment for each
Enforce the Code of Conduct                                            individual to provide reports regarding violation that they know.

The implementation of the Code of Conduct at all levels of the         Consistency and firmness in enforcing the rules are also important
Company emphasizes that every individual has an important role         aspects in implementing the Code of Ethics. The Company shows
in creating a work environment with integrity and responsibility.      its commitment by implementing strict sanctions for every
Awareness of the importance of the Code of Conduct lies not only       violation, so that ethical values ​​can continue to be maintained
in collective understanding, but also in the personal responsibility   in all operational aspects
of each employee in ensuring that every action taken is in line
with the values and principles stated in the Code of Conduct.



Number of Violations in 2024
Non-compliance with the provisions in the Company Code of Conduct Guidelines is categorized as a violation which will be subject to
sanctions in accordance with the regulations as a corrective action taken by the Company. The following is a table that explains the
types of violations and sanctions given by the Company:


                      Type of Sanction Letter                                               Number of Sanctions
 1st Warning Letter                                                                                    7
 2nd Warning Letter                                                                                    1
 3rd Warning Letter                                                                                   30
 Reprimand Letter                                                                                      3
 Total                                                                                                41




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                        ANTI-CORRUPTION POLICY AND ITS OUTREACH


Corruption brings detrimental impact on the economy, both in the public and private sectors. This practice hinders investment, slows
economic growth, and increases social inequality and poverty levels. One of the main causes of corruption is weak individual integrity
and the lack of an effective supervisory system.

As a financial institution that upholds the principles of good governance, KB Bank is committed to running its business honestly,
ethically, and free from bribery and corruption. Trust from all stakeholders is the main foundation in every activity of the Company.

In an effort to strengthen this commitment, KB Bank has established an Anti-Bribery and Corruption Policy based on Decree No.
0165 of 2021. This policy is designed as a guideline for all employees in preventing, identifying, and rejecting all forms of bribery and
corruption that can harm the Company or related parties.’

To ensure effective implementation, this policy has been disseminated to all employees through various internal media, such as
Bukopin Office Communication (BOC) and postmaster email. With this step, KB Bank confirms its commitment to creating a work
environment with integrity, transparency, and free from corruption.




                                                                              GRATIFICATION CONTROL


KB Bank confirms its commitment to the principle of Zero Tolerance        As part of efforts to strengthen this policy, KB Bank has
towards all forms of bribery, corruption and gratification. In line       implemented various supporting policies, including:
with this, the Bank strives to act professionally, fairly and with        1. Decree No. 0382 of 2020 Concerning the Code of Ethics of PT
integrity in every aspect of its business activities and relationships.      Bank KB Bukopin Tbk.
Awareness of the importance of control related to gratuities              2. Guideline No. 095 of 2024 concerning the Whistleblowing
encouraged the Bank to formulate an Anti-Bribery and Corruption              System (WBS) Guidelines of PT Bank KB Bukopin Tbk dated
Policy in accordance with Decree No. 0165 of 2021.                           June 24, 2024.
                                                                          3. Policy No. 208 of 2024 Concerning the Anti-Fraud Strategy
This policy was not only prepared, but also widely socialized                Policy of PT Bank KB Bukopin Tbk. December 12, 2024.
through various internal Bank communication media. In addition,
regular training is held to ensure every employee’s understanding         Through these policies, KB Bank is committed to creating a work
and awareness of the importance of complying with the policy.             environment with integrity and transparency, and continues
These steps were taken to maintain the integrity and trust in KB          to strive to prevent any form of irregularities in its business
Bank and ensure that all parties involved understand and adhere           operations.
to high standards in its business practices.

In the case of gratification related to position and contrary to
obligations or duties, all members of the Board of Commissioners,
Directors, and employees are obliged to reject it. KB Bank also
supervises the implementation of the Anti-Bribery and Corruption
Policy, including ensuring compliance with the code of ethics and
Employee Disciplinary Guidelines. Any violation of this policy will
be prosecuted in accordance with applicable provisions.




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         Corporate Governance




TRANSPARENCY OF THE COMPANY’S FINANCIAL
AND NON-FINANCIAL CONDITIONS

KB Bank has implemented transparency obligations and published information related to financial and non-financial conditions in
accordance with applicable regulations. The submission and publication of this information is carried out through various media,
including print media and the Bank's website, as explained below:
1. Quarterly Financial Report to regulators, which is also published through print media and the Bank's website;
2. KB Bank's Annual Report which is prepared and presented in accordance with the provisions and submitted to regulators, rating
    agencies, banking development institutions, research agencies/institutions and financial magazines and published through the
    Bank's website;
3. Corporate Governance Information, including the Annual Report on Corporate Governance, Vision, Mission, Company Values,
    Composition and Profile of the Board of Commissioners and Directors, as well as internal provisions related to governance ranging
    from the Articles of Association to the Charters of the Committees which are also published through the Bank's website;
4. Information on the Company's Products and Services, including office networks, is published through the Annual Report and the
    Bank's website, so that customers, investors and the wider community can easily access information on the Bank's products and
    services;
5. Information on Complaint Submission Procedures, Information Security Policies and Tips for Customers in using banking services
    published through the Bank's website for the implementation of consumer protection provisions;
6. Other information aimed at supporting information transparency, financial education and services to the public.




BUYBACK OF KB BANK SHARES AND BONDS

During 2024, there are no share buybacks or bond buybacks.




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                                                                PROVIDING FUNDS FOR SOCIAL
                                                                   AND POLITICAL ACTIVITIES

KB Bank has an internal policy that strictly prohibits the involvement of the Company, including all employees, in political activities.
This prohibition includes the provision of funds for political interests. This policy is implemented to maintain the independence and
professionalism of the Bank and its employees, so that the Bank can remain focused on its business without being influenced by
political interests that have the potential to affect its performance and integrity.

On the other hand, KB Bank believes that social activities have a significant positive impact on society in the long term. Therefore, KB
Bank actively participates in various social programs as a form of corporate social responsibility. The implementation of these social
activities is clearly regulated and reported in detail in the Corporate Social Responsibility section of this Annual Report.




                                PROVISION OF FUNDS TO RELATED PARTIES


Policy
Provision of Funds to Related Parties, the Bank refers to the Financial Services Authority Regulation No. 32/POJK.03/2018 concerning
the Maximum Credit Limit and Provision of Large Funds for Commercial Banks. As amended by Financial Services Authority Regulation
No. 38/POJK.03/2019 concerning Amendments to Financial Services Authority Regulation No. 32/POJK.03/2018 concerning the Maximum
Credit Limit and Provision of Large Funds for Commercial Banks. Provision of funds to Related Parties must be approved by the Board
of Commissioners and the procedures for the approval process and its implementation are regulated in the Board of Directors' Circular
No. SE/106/DIR/V/2019 concerning Addendum 1 to the BMPK Policy and Procedures.

Throughout 2024, provisions for related parties and large exposure funds can be conveyed as follows:


    Provision of Fund for Related Party            2024 (Rp billion)    2023 (Rp billion)                 Nature of Relationship
 Credit provided and financing/sharia                                                       Controlled/under significant influence of one of the
                                                          40                  275
 receivables-gross                                                                          Major Shareholders
 Board of Directors, Board of Commissioners,
                                                          24                   20           Management and Key Employees
 Sharia Supervisory Board and Executive Officers
                                                                                            Controlled/under significant influence of one of the
 Others                                                    0                    0           Major Shareholders, and/or Management and Key
                                                                                            Employees




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         Corporate Governance




CUSTOMER PROTECTION, ANTI FRAUD
AND WHISTLEBLOWING SYSTEM

Customer Protection Policy
KB Bank improves services to customers by implementing an integrated, online and reliable customer complaint handling policy.
Every complaint is resolved quickly to protect customers’ rights. If a settlement cannot be reached, customers can choose out-of-court
settlement through LAPSPI, in accordance with OJK regulation No.1/POJK.07/2014.

Protection Of Creditor Rights
KB Bank implements an honest and transparent information disclosure policy to protect creditors’ rights. Every creditor is treated fairly
without discrimination. With information disclosure, creditors and business partners have the right to obtain relevant information
according to their needs. Creditors’ rights are regulated in the agreed agreement, and the Bank is obliged to fulfill its obligations on
time, and strive to prevent negligence or omissions that could be detrimental to both parties.




CONFLICT MANAGEMENT POLICY
(INCLUDING INSIDER TRADING)

KB Bank does not yet have a policy to prevent insider trading. However, in preparing publication documents so far, information has
been strictly localized in the relevant departments.




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                             IMPLEMENTATION OF ANTI FRAUD STRATEGY


KB Bank implements the Anti-Fraud Strategy Implementation                  c. Anti-Fraud Awareness Campaign through company
Guidelines as a commitment to controlling fraud through an                      communication media (e-mail, posters, brochures or
effective and sustainable control system. This strategy requires                electronic media) containing anti-fraud messages.
adequate resource allocation for effective implementation. The             d. Publication of fraud incidents along with sanctions given
main objective is to prevent risk deviations, especially the risk               to fraud perpetrators.
of fraud which can harm customers and the Bank, as well as              3. Customer Awareness.
increasing the effectiveness of Good Corporate Governance.                 This program aims to increase awareness and awareness
                                                                           of customers, depositors, as well as vendors and other
The guidelines aim not only at prevention, but also detection,             stakeholders, regarding the possibility of fraud and to support
investigation, and system improvement as an integral part                  the Bank’s efforts to uphold an anti-fraud culture. This program
of fraud control. This policy is regulated in Decree No. 208 of            is organized in the form of making and distributing anti-fraud
2024. The hope is that the implementation of the Anti-Fraud                posters/brochures, written explanations, electronic media,
Strategy Implementation Guidelines will improve the Bank’s                 and the use of other means.
Internal control, which in turn will improve the business and
operational performance of KB Bank and provide added value              Fraud Prevention Commitment
for all stakeholders.
                                                                        1. Every employee, Director, Commissioner and member of
Prevention                                                                 the committee formed by the Board of Commissioners is
                                                                           required to understand and comply with the Code of Ethics
Implementing prevention functions can reduce the potential for             and Company Culture as well as all regulations relevant to
fraud. The devices used in implementing prevention are as follows:         the work in question.
                                                                        2. Every employee is required to understand and comply with
Anti fraud Awareness                                                       Company Regulations/Collaborative Employment Agreements.
                                                                        3. Every employee, Director, Commissioner, and committee
Anti Fraud Awareness is KB Bank policy or effort to raise awareness        member formed by the Board of Commissioners is obliged
regarding the importance of preventing fraud by all related parties.       to carry out their duties and responsibilities in accordance
To raise Anti-Fraud Awareness, KB Bank does the following:                 with the work guidelines that have been determined.
1. Preparation and Outreach on Anti-Fraud Statements;                   4. Creating a conducive work environment based on morality,
    One of KB Bank’s educational efforts aimed at all employees            integrity, and loyalty to the company.
    is to provide direction in internalizing an anti-fraud culture      5. Provide facilities/media to convey suggestions for
    and to be able to increase vigilance and increase awareness            improvements related to fraud prevention.
    of the potential risk of fraud in every Bank activity as well       6. Establish active communication between management and
    as KB Bank’s policy and commitment to not tolerate acts of             internal audit, compliance, risk management and related
    fraud (zero tolerance).                                                internal control functions in Fraud prevention efforts.
2. Employee Awareness Program;
    This program is implemented in the form of socialization and        Control Activities
    publication/sustainable internal fraud prevention campaign
    through media in the Bank, for example:                             Fraud control mechanisms are implemented at all functional
    a. Carrying out training activities, both offline (face to face),   levels according to KB Bank's organizational structure, which at
         online and via E-Learning related to Anti-Fraud Awareness      least include:
         material which is held in collaboration with Human Capital     1. Review of the Board of Directors and Board of Commissioners
         and/or with related work units.                                    The Board of Directors and Board of Commissioners periodically
    b. Introduction to company culture and code of ethics                   review the realization of work plans and budgets to detect
         through E-Learning Induction.                                      problems such as control weaknesses, misrepresentation of
                                                                            financial statements, and others.
                                                                        2. Operational Review
                                                                            a. Reviews are carried out by the internal audit function
                                                                                periodically.
                                                                            b. The operational review mechanism is regulated in separate
                                                                                guidelines.




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          Corporate Governance



3. Information System Control                                            f. Assessment of the adequacy of credit documentation and
   a. General control includes control over data center                     monitoring of debtors after credit disbursement.
       operations, software procurement and maintenance                  g. Other business activities that may give rise to significant
       systems, access security, and development and                        conflicts of interest.
       maintenance of existing application systems. This                 h. Independence of Compliance Function, Risk Management,
       general control is applied to mainframes, servers, and               and Internal Audit of KB Bank.
       user workstations, as well as internal-external networks.
   b. Application control is applied to programs used by KB Bank      Provisions regarding rotation, transfer, and leave are applied in
       in processing transactions that are correct, accurate, and     the framework of the internal control system including to prevent
       have been properly authorized. In addition, application        and detect Fraud. Provisions regarding transfer, rotation and leave
       control must be able to ensure the availability of an audit    are regulated in separate provisions.
       trail so that the audit process can run effectively and to
       check the accuracy of the audit process in question.           Accounting, Information, and
4. Asset Control (Physical);                                          Communication Systems
   a. Asset control is implemented to ensure the implementation
       of physical security for KB Bank assets.                       1. Adequate accounting, information and communication systems
   b. This activity includes securing assets, records, and limited       aim to minimize the occurrence of fraud.
       access to computer programs and data files, as well as         2. The accounting system includes methods and records in order
       comparing the value of KB Bank assets and liabilities             to identify, group, analyze, classify, record/book, and report
       with the values ​​listed in the control records, especially       Bank transactions.
       checking the asset value periodically.                         3. The Bank Information System produces reports regarding
5. Documentation.                                                        business activities, financial conditions, implementation
   a. All provisions, policies and procedures are adequately             of risk management and compliance with regulations that
       documented.                                                       support the implementation of the duties of the Board of
   b. Documents are reviewed and updated periodically to                 Commissioners and Directors.
       describe KB Bank's actual operational activities and are       4. These matters are of concern in implementing Fraud control
       informed to Employees, Directors, and Commissioners as            related to the implementation of information systems and
       well as members of the committee formed by the Board              technology:
       of Commissioners                                                  a. Availability of accurate and up-to-date records of every
                                                                             KB Bank transaction and assets.
Separation of Functions to                                               b. Availability of adequate evidence and documents to
Avoid Conflicts of Interest                                                  support the audit trail process.
                                                                         c. Implementation of control over computer systems and
The application of the principle of separation of functions (four            their security (general control) as well as control over
eyes principle) aims to ensure that every person in position                 software applications and other manual procedures
does not have the opportunity to commit and hide mistakes or                 (application controls).
irregularities in the implementation of their duties at all levels       d. Relevance of accuracy, timeliness, availability of access for
of the organization and in all operational activity steps.                   interested parties and consistency of presentation format.
Avoid giving authority and responsibility which could give rise to       e. Transaction recording retention procedures and schedules.
various conflicts of interest. The steps for separating functions     5. The availability of effective communication channels
include:                                                                 between supervisors and subordinates and vice versa, as
1. Determine certain functions or tasks that must be separated           well as across work units, aims to ensure that all officials/
    or allocated to several people and/or separate the functions         employees understand and comply with applicable policies
    of administering and storing goods in order to reduce the            and procedures, including policies for preventing fraud.
    risk of manipulation of financial/wealth data or misuse of
    KB Bank assets.                                                   Know Your Employee (KYE)
2. Separation of functions is not limited to front office and back-
    office activities, but also in the context of controlling:        1. All elements of the KB Bank organization apply the “Know
    a. Approval of the purchase and/or sale of goods or services.        Your Employee” principle, namely that each supervisor must
    b. Approval of disbursement of funds and realization of              fully recognize each of his subordinates.
        expenditure.                                                  2. Employee recruitment is carried out using effective recruitment
    c. Customer accounts and Bank owner accounts.                        systems and procedures (pre-recruitment screening), which
    d. Transactions in Bank bookkeeping.                                 can provide a complete and accurate picture of prospective
    e. Providing information to Bank customers.                          employees’ track records.
                                                                      3. Carry out post-recruitment controls including rotation systems,
                                                                         transfers, mandatory leave, promotions by considering
                                                                         employee track records.




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4. The pre-employment screening method is adapted to the              2. Surprise Audits
   needs and complexity of KB Bank’s business activities by using        a. Surprise audit is an audit activity carried out suddenly
   a selection system equipped with appropriate qualifications               on certain business units that are at high risk or prone
   taking into account risks, and determined objectively and                 to fraud.
   transparently. This system must cover the implementation of           b. Surprise audits can be carried out by the Internal Audit
   promotions and transfers, including placement in positions                Work Unit (SKAI).
   with special skills.                                               3. Surveillance System
5. Supervision must recognize employees, including character,            a. The Surveillance System aims to monitor and test the
   integrity, relationships, behavior, lifestyle, problems being             effectiveness of anti-fraud policies.
   faced and placement in positions that suit their desires and          b. Implementation of the Surveillance System can be carried
   abilities.                                                                out by independent parties and/or internal parties at KB
6. Supervision periodically carries out coaching and counselling             Bank without the party being tested or inspected knowing
   for subordinates with the aim of identifying and solving                  or realizing it.
   problems that occur so that in the end they can create a              c. Carried out in situations and conditions where the
   healthy and conducive work environment and high work                      objectives of testing and inspection can only be achieved
   motivation.                                                               if the assessor/examiner knows directly/gets a true and
7. Documentation and updating of employee data, including                    real picture/information regarding the subject and/or
   creating a database containing a negative list of employees               object of the audit.
   related to fraud cases.                                               d. The 3 (three) main components/tools for testing in
8. Know Your Employee provisions and mechanisms are regulated                Surveillance System activities are:
   in separate provisions.                                                   i) Internal Control System;
                                                                             ii) Risk Management;
Vulnerabilities Identification                                               iii) Compliance.
                                                                      4. Fraud Detection System
Vulnerability identification aims to identify, analyze, and assess       The system used by the Bank to monitor transactions, accounts
the risk of fraud inherent in every activity that has the potential      and networks in the Bank’s payment system. Monitoring is
to harm KB Bank in the following way:                                    carried out in order to detect transaction anomalies, the
1. Identification of vulnerabilities through Operational Risk and        channels monitored are as follows:
    Fraud studies includes the process of identifying, analyzing,        a. E-Channel,
    and assessing potential risks in each Bank activity/product as       b. Credit card,
    well as providing recommendations on how to mitigate them.           c. Debit Card.
2. Identification is carried out through a study of program and          d. ATM
    service product documents or other formal media of the
    same level. In the event that the information is not sufficient   Investigation, Reporting and
    to provide a study, the Anti-Fraud & Special Investigation        Sanctions Investigation
    Department may request other supporting documents or
    explanations through discussions/meetings.                        The Investigation, Reporting and Sanctions pillar contains steps for
Provisions regarding Vulnerability Identification are regulated in    investigations, reporting systems and the imposition of sanctions
separate provisions                                                   on Fraud incidents which include:

Detection                                                             Investigation
Pilar Deteksi memuat langkah untuk mengidentifikasi dan               Investigations are carried out to collect evidence related to
menemukan Fraud dalam kegiatan usaha Bank yang meliputi:              incidents that should be suspected of being an act of fraud. The
1. Whistleblowing System (WBS)                                        standard fraud investigation policy aims to reveal the amount of
    a. As a means for all stakeholders to report violations of        loss, place of occurrence, perpetrator, mode and cause of fraud
       the code of ethics, employee discipline guidelines, and        in the context of implementing an Anti-Fraud Strategy.
       conflicts of interest committed by both employees and
       Directors of KB Bank.                                          Reporting Investigation Results
    b. The Whistleblowing System (WBS) channel consists of;
       Email, Whatsapp, SMS, Letter, Face to Face & Website           The results of the investigation will be reported to the President
       E-Form.                                                        Director and copied to the Director of Compliance, Anti Fraud &
    c. The bank provides a guarantee for the confidentiality          Special Investigation Department, President Commissioner, Chair
       of the reporter’s identity and the contents of the report      of the Audit Committee and Related Directors.
       submitted.
    d. The policies and mechanisms for implementing the
       Whistleblowing System (WBS) are regulated in separate
       provisions.


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            Corporate Governance



Reporting to Authorities                                                 Monitoring, Evaluation, and Follow-Up
1. Report on Changes in Anti-Fraud Strategy                              The Monitoring, Evaluation and Follow-up Pillar contains steps
2. In the event that there are changes to the anti-fraud strategy        for monitoring and evaluating and following up on fraud, which
   that have been submitted to the Financial Services Authority          includes:
   (OJK), the Bank is obliged to submit changes to the anti-fraud
   strategy no later than 7 (seven) working days after the changes       Monitoring
   are made.                                                             Monitoring of follow-up actions carried out on fraud incidents is
3. The Bank reports the implementation of the Anti-Fraud                 carried out by the Anti-Fraud & Special Investigation Department
   Strategy every semester for the end of June and the end of            based on the results of recommendations for assessments/
   December, in accordance with the format determined by the             examinations that have been carried out by the Examination Team.
   Financial Services Authority (OJK).
4. The Bank submits a Fraud Report that has a significant impact         Evaluation
   to the Financial Services Authority (OJK) no later than 3 (three)     KB Bank maintains fraud incident data (fraud profiling) to support
   working days after the Bank becomes aware of the occurrence           the implementation of evaluations which include data and
   of Fraud which is decided by the Employee Disciplinary                information regarding the type of fraud, date of fraud, work unit
   Committee.                                                            where the fraud occurred, parties involved, position, losses in
5. What is meant by Fraud that has a significant impact is as            rupiah, actions of KB Bank, weaknesses/ causes of fraud, follow-
   follows:                                                              up/repair, and chronology of fraud incidents.
   a. Has an actual loss impact of ≥ Rp. 1 billion.
   b. Become public attention in the mass media on a national            Based on fraud incident data and the results of the evaluation,
       scale.                                                            weaknesses, and causes of fraud can be identified and necessary
   c. There are ≥ 5 (five) similar incidents with a total of ≥ Rp.       handling and improvement steps can be determined, including
       1 billion.                                                        strengthening the internal control system.
6. Reporting the results of the investigation will be reported to the
   President Director and copied to the Board of Commissioners,          Evaluation is also carried out on the activities of the prevention
   Compliance Director, relevant Directors, and SKAI and/or the          pillar, detection pillar, investigation pillar, reporting and
   Anti-Fraud & Special Investigation Department.                        sanctions. Evaluation of these three pillars is carried out through
                                                                         a fraud overview every 6 months to assess the effectiveness of
Sanctions                                                                its implementation. The results of the fraud overview will be
                                                                         submitted to the President Director to improve the implementation
KB Bank has a policy of imposing sanctions on perpetrators who           of the anti-fraud strategy.
are proven to have committed fraud, which aims to provide a
deterrent effect and reduce the losses incurred.                         Follow-up
                                                                         To improve weaknesses and strengthen the internal control system
The decision to impose sanctions on fraud perpetrators will be           so that it can prevent the recurrence of fraud due to similar
decided through the Employee Disciplinary Committee. Provisions          weaknesses, KB Bank has a follow-up mechanism based on the
relating to the imposition of sanctions are regulated in detail in       results of evaluations of fraud incidents.
the provisions of the Employee Disciplinary Regulation.



Internal Fraud
Internal Fraud Violation Data Exceeds IDR 100 Million
Deviations/fraud committed by management, permanent employees and non-permanent employees (honorary and outsourced)
related to the company’s work processes and operational activities which have an impact on financial losses or which do not result
in direct financial losses, are reflected in the following table:


                                                                                 Number of Cases Committed by

              Internal Fraud in Period                        Management              Permanent Employee         Non-Permanent Employee
                                                           2024          2023          2024          2023          2024           2023
 Number of Fraud                                                   0            0             6              9             0             0
 Resolved                                                          0            0             5              8             0             0
 In Process of Resolution by the Bank’s Internal                   0            0              1             0             0             0
 No Resolution has been Made                                       0            0             0              0             0             0
 Has been Followed-Up through the Legal Process                    0            0             0              1             0             0


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                                                               VIOLATION REPORTING SYSTEM
                                                                  (WHISTLEBLOWING SYSTEM)

Trust and credibility are the main foundations in maintaining            4. To speed up and simplify the complaint follow-up process,
the sustainability of the banking business. KB Bank realizes that           the Whistleblower can report indications of fraud through
the reliability of the internal control system is a key factor in           the disclosure/complaint channels that have been available
ensuring clean and integrity-based business practices. As part              within 2x24 hours since the indication of fraud was discovered.
of its commitment to GCG principles and Anti-Fraud strategy, KB          5. Provide information regarding the Whistleblower's identity
Bank has developed a Whistleblowing System (WBS). This system               to facilitate communication with the reporter, which at least
allows reporting of violations through a secure, independent, and           includes the following information:
confidential communication channel, with full protection for the            a. The Whistleblower name or anonymous information;
reporter (Whistleblower).                                                   b. Telephone number and email address that can be
                                                                                contacted.
 The WBS policy is designed to ensure that the management of             6. 6.Submission of reports of alleged violations committed by
violation reports runs effectively, covering all employees, Directors,      the Whistleblower must provide clear information, evidence,
Commissioners, and committee members under the Board of                     or allegations of the reported violation and at least fulfill the
Commissioners. The implementation of this system strengthens                elements of 4W1H, including:
a culture of transparency and builds a professional and ethical             a. What: What alleged violations are known;
work environment. The policy related to WBS has been regulated              b. Where: Where the violation occurred/was committed;
in Guideline No. 095 of 2024 concerning the Whistleblowing System           c. When: When was the violation committed;
(WBS) Guidelines of PT Bank KB Bukopin Tbk, which is a guideline            d. Who: Anyone involved in the law violation;
in maintaining responsible corporate governance.                            e. How: How the violation was committed.
                                                                         7. The reports submitted must relate to:
Whistleblowing System Management                                            a. Fraud,
                                                                            b. Violations other than fraud,
Mechanism                                                                   c. Proposed improvements,
                                                                            d. Violations of applicable employment provisions and
1. The mechanism for submitting complaints by the Whistleblower                 regulations,
   can be done through the WBS media. Complaints reported                   e. Customer complaints,
   by the Whistleblower must be accountable, based on the                   f. Other matters outside of those mentioned above that can
   principle of good faith, not for personal interests or revenge               be equated with that.
   and not defamation.                                                   8. Anti Fraud & Special Investigation Department as the WBS
2. The Anti Fraud & Special Investigation Department receives               manager periodically or at least once every 6 months makes
   complaint reports related to irregularities committed by                 a report to the President Director on the follow-up to the
   Employees, Directors, Commissioners, and members of the                  implementation of WBS, including:
   committee formed by the Board of Commissioners;                          a. Number of complaints;
3. The reporting process of KB Bank Whistleblowing System                   b. Complaint categories;
   Complaint can be carried out in the following ways:                      c. Channels used by the Whistleblower;
   a. If the complaint report relates to violations committed by            d. Handling of complaints that are followed up or cannot
       all employees from Staff Level to Division Head or other                 be followed up.
       positions under the Board of Directors, Directors, Board of       9. Commissioners and the Board of Directors have the authority
       Commissioners, and Committee Members, the complaint                  to check all incoming WBS reports.
       report will be submitted to the President Director;
   b. If the complaint report relates to violations committed
       by the President Director, the complaint report will be
       submitted to the President Commissioner;




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             Corporate Governance




The Handling of Complaints
1. The Whistleblower makes a complaint and sends it to KB Bank via the following means/media:


     Email                          pedulikbbank@kbbank.co.id

     Face to face                   Submit a complaint to the Anti Fraud & Special Investigation Department

     Whatsapp                       08119714005

     SMS                            08119714005

     Letter                         Addressed to Anti Fraud & Special Investigation, KB Bank Building Jl. MT. Haryono Kav. 50-51 Jakarta 12770

     E-Form Website                 http://bit.ly/PortaIWBSKBBank


2. WBS Manager receives complaints, records and documents                           iii) Incoming complaints regarding customer information
   all the information. The documents that must be created                               and complaints regarding products and services
   are as follows:                                                                       (including office and ATM networks) are directed to
   a. Whistleblowing System (WBS) complaint report;                                      submit complaints to Customer Care Email and KB
   b. Notes/recap of complaints submitted according to the                               Bank Call Center.
        complaint scope category.                                                   iv) Investigation Team to carry out investigations (if the
3. The WBS Manager immediately reports the complaint to                                  WBS report is included in the fraud category).
   the Anti Fraud & Special Investigation Department Head,                 6.   The results of the investigation are stated in the form of
   followed by an analysis of the complaint based on evidence                   an investigation report and submitted to the President
   and supporting documents and provides recommendations                        Director and copied to the Relevant Director and the Board
   on whether the complaint needs to be followed up or not.                     of Commissioners.
4. Complaints submitted via WBS media must be submitted                    7.   The results of the inspection and all WBS documents are
   to the Anti-Fraud & Special Investigation Department Head                    documented by the Anti Fraud & Special Investigation
   and it will be decided whether or not they will be examined                  Department and are categorized as confidential documents.
   (investigated)/forwarded to the relevant work unit within 10            8.   Management of WBS facilities/media applies the dual control
   (ten) working days.                                                          principle with a direct appointment mechanism by the Anti
5. Anti Fraud & Special Investigation Department Head decides                   Fraud & Special Investigation Department Head.
   to process the complaint report based on consideration of               9.   Document Maintenance
   information received via WBS media. The recommendations                      a. Anti Fraud & Special Investigation Department acts
   given are as follows:                                                            as document custodian and is responsible for storing
   a. Discontinued, due to incomplete information and                               documents in accordance with Policies/Procedures related
        supporting documents;                                                       to archives.
        i) Followed up in accordance with the recommendations                   b. A review of this Policy can be carried out at any time
            of the Anti Fraud & Special Investigation Department                    in accordance with the scope of risks, needs and
            Head by informing:                                                      developments of the Bank.
        ii) Related Work Unit (If the WBS report is included in
            the category of violations other than fraud, proposals
            for improvement, violations of applicable labor rules
            and regulations, and other matters outside those
            mentioned above that can be equated with that).




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Page 465
                                                               Flow Chart Whistleblowing


                                                   Anti Fraud
                                                                                                  Customer Care
                                                   & Special
        Whistleblower       WBS Manager                              Related Work Units          dan Call Center KB    Investigation Team   President Director
                                               Investigation Dept
                                                                                                       Bank
                                                      Head




            Start




                           Receive Complaint
          Submitting a
                               from the
           Complaint
                             Complainant
                                                                        If the report falls
                                                                       under the category
                                                                           of violations
                                                                        other than fraud,
                                                                         suggestions for
                                                                          improvement,
                                                                           violations of
                                                                        applicable labor
                                                    Followed up           provisions and
                                                                         regulations and
                                                                          other matters
                                                                                                       If the report
                                                                                                      is categorized
                                                                                                      as a customer
                                                                                                        complaint

                                                                          Followed up
                                                                                                                           If the report
                               Validate                                                                                       falls into
                                                    Follow-up                           Followed up                          the fraud
                                                                                                                              category




                                                     Stopped




                                                      End



                                                     Receive
                                                  Investigation
                                                     Report
                                                     Results

                                                                                                                                              Receive the results
                                                                                                                                              of the investigation
                                                                                                                                                     report




Protection for Whistleblowers                                                   Types of Reports that Can be Reported
1. KB Bank will provide guarantees and protection to the reporter               The scope of complaints that will be followed up through WBS
   against the possibility of threats, intimidation, punishment or              includes but is not limited to:
   other unpleasant actions from any party as long as the reporter              1. Acts of Fraud
   maintains the confidentiality of the complaint submitted                         Acts of deviation or omission that are intentionally carried
   to any party and the report submitted is not in the form of                      out to deceive, defraud or manipulate the Bank, customers or
   slander.                                                                         other parties, which occur within the Bank and/or using Bank
2. The protection as referred to above includes all legal, physical                 facilities, resulting in the Bank, customers or other parties
   and psychological protection if the reporter experiences                         suffering losses and/ or the perpetrator of the fraud obtains
   threats, intimidation, punishment or any other unpleasant                        financial benefits either directly or indirectly;
   action.                                                                      2. All forms of violations other than fraud with examples of
3. The protection as referred to above also applies to the                          actions including:
   investigation team and parties who provide information                           a. Disclosing Bank secrets for personal interests,
   related to complaints.                                                           b. Sexual harassment and immoral acts inside and outside
                                                                                        the Bank,

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           Corporate Governance




     c.  Engaging in prohibited community activities,                         Whistleblowing System Socialization
     d.  Conflict of interest,
     e.  Norms and Ethics (Code of Conduct),                                  Awareness of fraud risk is a crucial aspect in maintaining
     f.  Violations of the Bank’s internal regulations and applicable         operational integrity at KB Bank. Therefore, the Anti Fraud &
         external regulations,                                                Special Investigation Department together with the Related Work
     g. Acts that violate criminal or civil law or other statutory            Units continue to educate employees about fraud prevention and
         regulations,                                                         the Whistleblowing System mechanism.
     h. Actions endanger work safety and environment, endanger
         bank security, including endanger third party/customer               As a preventive measure, various routine socialization programs
         assets.                                                              are held to increase employee understanding of the potential for
3.   Proposed Improvements                                                    financial crime. Educational materials cover various fraud modes
     Provide suggestions to the Bank regarding gaps in procedures,            and mitigation steps that need to be taken. The dissemination
     suggestions for system improvements or other suggestions.                of this information is strengthened through internal media such
4.   Violation of applicable labor provisions and regulations.                as Bukopin Office Communication (BOC) and postmaster email,
5.   Customer Complaints                                                      so that all employees can be more aware of the threat of fraud
     Customer complaints regarding products, services (including              in the work environment.
     office and ATM networks) or other complaints.
6.   Other things apart from those mentioned above that can be                With this approach, KB Bank ensures that every employee is
     equated with it.                                                         ready to recognize and prevent fraud risks, in order to support
                                                                              the creation of a safer and more trusted work environment..




Number of Complaints
Implementation of the Whistleblower policy as one way to reveal/disclose fraud that occurs. Throughout 2024, there were 24 (Twenty
Four) pieces of information reported through the Whistleblowing System, with details in the following table:


                                                                                                                                 OTHERS
                            EMAIL                FAX                    SMS              WHATSAPP            MAILBOX         (PHONE/OTHER
                                                                                                                              INFORMATION)
 Number of WBS
                              4                   0                      0                    6                  1                 13
 reported in 2024


The follow-up process can be seen in the table below:


                                         Internal WBS Report                                                              2024
 Total Report                                                                                               24

 Completed                                                                                                  23

 Proven                                                                                                     0

 Not Proven                                                                                                 8

 Information/Complaint in nature                                                                            13

 Data is Incomplete and the Whistleblower does not Provide Additional Information/Data Requested            2

 In Process of Completion                                                                                   1




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Page 467
                   TRANSPARENCY OF BAD GOVERNANCE PRACTICE


KB Bank continues to strive to strengthen proper GCG in order to maintain business sustainability and stakeholder trust. Every year, GCG
implementation policies and mechanisms are evaluated and refined to remain in line with regulatory developments and best practices.

Awareness of the negative impacts of weak governance drives KB Bank to always comply with the main principles of GCG, namely
transparency, accountability, independence, and fairness. With a strong commitment to good governance standards, KB Bank ensures
that all of its operational activities are carried out in accordance with applicable regulations. The following is the implementation of
the GCG principles applied:


     No.                                                  Information                                                       Practice
 1         Report on Company Activities that Pollute the Environment                                                         None
           Important cases being faced by the Bank, subsidiaries, members of the Board of Directors and/or
 2                                                                                                                           None
           members of the Board of Commissioners who are currently serving are not disclosed in the Annual Report
 3         Non-compliance in disclosing the fulfillment of tax obligations                                                   None
           Inconsistency in the presentation of the Annual Report and Financial Reports with applicable regulations
 4                                                                                                                           None
           and SAK
 5         Cases Related to Workers and Employees                                                                            None
 6         There is no disclosure of operating segments in the Financial Report                                              None
 7         There is a discrepancy between the Annual Report Book and the Digital Annual Report                               None




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        Corporate Social Responsibility




Annual Report   2024                      468   PT Bank KB Bukopin Tbk
Page 469
                       Corporate Social
                       Responsibility
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Page 470
         Corporate Social Responsibility




CORPORATE SOCIAL RESPONSIBILITY
GOVERNANCE

KB Bank is always committed to implementing the Corporate Social and Environmental Responsibility (CSR) program with a structured,
systematic, integrated, and sustainable approach. This commitment is in line with the company's mission to provide optimal benefits
for stakeholders, including shareholders, employees, and the wider community, while still prioritizing concern for the environment.
KB Bank also supports the United Nations resolution on October 21, 2015, which has established the Sustainable Development Goals
(SDGs) as a global agenda.

Fundamentally, the Bank's CSR commitment and implementation refer to the principles of Good Corporate Governance and Good
Corporate Responsibility. The Bank's compliance with regulations covering economic, social, and environmental aspects is the main
indicator in measuring the effectiveness of the CSR program.

The implementation of the KB Bank CSR program is also a form of support for various strategic initiatives, namely:
1. Indonesian government has signed the Paris Agreement, an agreement in the Framework Convention;
2. United Nations Framework Convention on Climate Change (UNFCCC), regarding greenhouse gas (GHG) emission mitigation, adaptation,
   and finance. Through the Paris Agreement, Indonesia is committed to supporting the reduction of climate change and preventing
   global warming. This implementation must be carried out together throughout the world by ensuring the implementation of
   development with low greenhouse gas (GHG) emissions and providing financing that is environmentally, socially and governance
   (ESG) sound;
3. Instructions from the President of the Republic of Indonesia, Financial Services Authority (OJK) Regulations and OJK Circulars
   regarding literacy and education as well as financial inclusion for the community;
4. National Strategy for Financial Inclusion (SNKI) which was inaugurated by the President of the Republic of Indonesia on 18
   November 2016;
5. OJK Regulation no. 51/POJK.03/2017 regarding the implementation of Sustainable Finance for Financial Services Institutions,
   Issuers and Public Companies. Commitment to conducting CSR activities that support the implementation of sustainable finance.

KB Bank realizes that a financial institution has a moral obligation to provide benefits for the community, including increasing
access for financial service to improve better economy, social conditions and quality of life. For this reason, KB Bank is committed in
continuing the CSR program consistently to strive a balance between business growth and social contribution to create sustainable
positive impacts.

KB Bank has formulated Sustainability Banking Principles as the main principles for managing the Company’s activities in the aspects:
customer, business strategy, banking operations, risk management, human capital and community development.




                                                                                Sustainable
                                                                                Pertumbuhan
                                                                             economic     growth
                     Implementation                                                Ekonomi
                      of Sustainable
                                Penerapan                                      by   balancing
                                                                                Berkelanjutan
                      Finance inKeuangan
                                 the                                         economic,
                                                                                    dengan social,
                            Berkelanjutan pada
                         Company                                            andMenyelaraskan
                                                                                 environmental
                                Perseroan                                        Kepentingan
                                                                                   interest
                                                                             Ekonomi,  Sosial dan
                                                                               Lingkungan Hidup




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Page 471
           CSR PRINCIPLES AND LEGAL BASIS IN THE COMPANY


In general, the implementation of the KB Bank CSR program refers   5. Regulation of the Minister of Social Affairs of the Republic
to applicable laws and regulations, including:                        of Indonesia no. 13 of 2012 regarding the Business World
1. Law no. 40 of 2007 regarding Limited Liability Companies,          Responsibility Forum in Implementing Social Welfare;
    especially Article 1 paragraph 3;                              6. Government Regulation No. 47 of 2012 regarding Social and
2. Law no. 8 of 1995 regarding Capital Markets;                       Environmental Responsibility;
3. Law no. 25 of 2007 regarding Capital Investment;                7. Financial Services Authority Regulation no. 51/POJK.03/2017
4. Law no. 32 of 2009 regarding Environmental Protection and          regarding the Implementation of Sustainable Finance for
    Management;                                                       Financial Services




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         Corporate Social Responsibility




CSR ORGANIZATION STRUCTURE OF THE COMPANY


The implementation of CSR activities is coordinated by the Communication Work Unit. The person responsible for managing the CSR
program at KB Bank is in the Corporate Secretary Department under the supervision of the President Director. In its implementation,
CSR activities are often conducted in collaboration with other departments, branch offices, KB Kookmin Bank, KB Financial Group,
Subsidiary Companies, Baitul Maal KB Bank, KB Bank Club, KB Bank Employee Welfare Foundation, KB Bank Employee Cooperative,
Mosque Council, or other institutions.

As of 31 December 2024, the organization structure of the KB Bank CSR is as follows:



                                                                                                                                           Board of Commissioners




                                                                                                                                               President Director




                                    Internal Audit                                                                                          Corporate Communication




          Channel & Special           Professional          HQ, IT & Subsidiary         Anti Fraud & Special        President Director
                                                                                                                                                                  Corporate Secretary
               Audit                 Practices Audit               Audit                   Investigation                Secretary



                                                                                                                    President Director           Secretariat & Protocol
            Region I-V Audit Unit                            HQ Business Audit Unit         Anti Fraud Unit
                                      Quality Assurance,                                                              Secretary Unit                      Unit
                                     Development & Data
                                        Analytics Unit
              Region I-V Auditor                                                                                   President Director               Secretariat &
                                                               HQ Business Auditor            Anti Fraud Staff
                                                                                                                     Secretary Staff                Protocol Staff


                                       Quality Assurance,                                 Special Investigation                                  Secretary to Director
             Special Audit Unit                                Enablers & Risk                                        ESG & CSR Unit
                                        Development &                                              Unit                                                Section
                                                            Management Audit Unit
                                        Data Analytics
                                           Specialist
                                                                                                                                                   Secretary to
                                                                 Enablers & Risk           Special Investigation
                Special Auditor                                                                                         CSR Unit                     Director
                                                               Management Auditor                  Staff



                                     Audit Methodology,                                                                 ESG Unit
                                                              Finance & Subsidiary
                                     Reporting & Support           Audit Unit
                                             Unit

                                                               Finance & Subsidiary                                Liaison Officer Staff
                                                                     Auditor

                                            Audit
                                         Methodology,
                                         Reporting &         IT Assurance Audit Unit
                                       Support Specialist


                                                               IT Assurance Auditor



                                                             IT Development Audit
                                                                      Unit


                                                                 IT Development
                                                                     Auditor




Annual Report       2024                                                          472                                                            PT Bank KB Bukopin Tbk
Page 473
                                                                                                 Human Capital




                                                                                                  Human Capital
                                        Talent Acquisition
                                                                                                 Business Partner



     Corporate             Talent Acquisition &         Man Power                                                                                                    HC Services &
                                                                           Talent Management       Career, Reward     Industrial Relation
  Communication Unit        Employer Branding         Reallocation &                                                                            Learning &        Information System
                                                                             & HC Policy Unit      & Performance         & Employee
                                   Unit                Transfer Unit                                                                         Development Unit            Unit
                                                                                                  Management Unit      Management Unit
       Corporate
                             Talent Acquisition
   Communication Staff                                    Man Power              Talent                                                                               HCIS Section
                                & Employer
                               Branding Staff           Reallocation &      Management & HC         Career, Reward                               Learning &
                                                       Transfer Section                                                Industrial Relation
                                                                             Policy Section         & Performance                               Development
                                                                                                                          & Employee
   BoC Support Unit                                                                                  Management           Management               Section
                                                                                                       Section                                                          HCIS Officer
                                Talent Acquisition        Man Power                                                         Section
                                     Officer            Reallocation &            Talent
                                                                                                                                                  Learning &
                                                        Transfer Officer        Management
                                                                                                                                                 Development
    BoC Support Staff                                                           & HC Policy                                  Industrial                               HCIS Services
                                                                                                                                                    Officer
                                                                                  Officer            Career, Reward       Relation Officer                              Section
                                   Employer               Man Power                                  & Performance
                                Branding Officer        Reallocation &                                Management                                 Development
   BoD Support Unit                                    Transfer Support                                  Officer           Outsourcing          Program Officer        HCIS Services
                                                             Staff                 Talent                                  Management                                     Officer
                                                                                Management                                   Officer
                                     Talent                                     & HC Policy
                                   Acquisition                                 Support Officer                                                                         HCIS Services
    BoD Support Staff                                                                                                                             Learning &
                                   & Employer                                                                                                                          Support Staff
                                                                                                                                                 Development
                                    Branding                                                                             Foreign Handling
                                                                                                                                                 Support Staff
                                  Support Staff                                                                               Officer

                                                                                                                                                                       MIS Analyst

                                                                                                                           Employee
                                                                                                                         Recognition &                                  MIS Analyst
                                                                                                                       Discipline Section                                 Officer


                                                                                                                            Employee
                                                                                                                           Recognition
                                                                                                                           & Discipline
                                                                                                                           Management
                                                                                                                             Officer




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          Corporate Social Responsibility




VISION AND MISSION OF CORPORATE SOCIAL
RESPONSIBILITY

On the other hand, KB Bank has arranged the Sustainable Finance Roadmap Phase I to support the Bank's CSR program. This roadmap
has resulted in various initiatives that act as a basis for encouraging changes of business actors' mindset. As an initial step, referring
to the OJK guidelines, there are eight principles of Sustainable Finance introduced as guidelines for financial services institutions in
implementing the Sustainable Finance Plan, namely:



                           Responsible Investment                                     Coordination and Colaboration




        Social and Environmental Risk                                                                           Inclusive
                 Management

                                                           PRINCIPLES OF
                                                           SUSTAINABLE
                                                              FINANCE
          Informative Communication                                                                            Governance




           Development of Priority Leading Sectors                                    Sustainable Business Strategies and Practices




Referring to the guidelines, the Bank has formulated four              The Sustainable Finance Roadmap Phase II (2021-2025) is expected
main pillars in the Sustainable Finance Plan with the following        to be a guideline for the financial services sector and a reference
objectives:                                                            for related Ministries/Institutions (K/L) in developing innovative
1. KB Bank Untuk Negeri aims to support the distribution of            financing schemes. Based on the Sustainable Finance Roadmap
   government program credit, financial inclusion, and improving       Phase II (2021-2025), the following are the main priorities in its
   the quality of human resources for Indonesian children.             development:
2. KB Bank Care aims to increase the concern of KB Bank                1. Development of a green taxonomy that aims to classify
   employees for the environment and natural resources in                   sustainable financing and investment activities in Indonesia.
   every step of the Bank's business and operational activities.            These 16 (sixteen) classifications are the basis for all
3. KB Bank Dari Kita Untuk Kita aims to support the development             stakeholders in Indonesia in sustainable economic activities.
   of quality and competitive internal KB Bank human resources.        2. Implementation of ESG (Environmental, Social, and
4. KB Bank Satu aims to improve organizational adjustments                  Governance) aspects into risk management with the aim of
   by considering sustainable aspects related to social and                 increasing resilience and mitigating environmental and social
   environment.                                                             risks that can affect the financial industry business process.
                                                                            This effort is carried out through reporting on environmental,
To support the implementation of the Sustainable Finance                    social, and governance aspects, developing key performance
Roadmap, the Bank continues to adhere to the main pillars that              indicators and supported by increasing the capacity of human
have been set by adjusting various supporting initiatives. The              resources as a whole.
Sustainable Finance Roadmap Phase II focuses on the formation          3. Development of real programs is intended to provide
of a more comprehensive sustainable finance ecosystem, involving            successful examples of innovative development of green
various stakeholders, and encouraging strengthening cooperation             schemes to increase the role of the financial industry in
with external parties.                                                      sustainable financing. Implementation of real programs is
                                                                            carried out through collaboration with related ministries/

Annual Report    2024                                             474                                           PT Bank KB Bukopin Tbk
Page 475
   institutions and other stakeholders. This effort is in line with the development of the government's leading economic sectors
   and is the basis for developing a green financing scheme.
4. Innovation of sustainable financial products and services in order to accelerate the financial industry's transition towards
   sustainability is conducted by developing innovative schemes for financing/funding sustainable projects. Aspects that need to be
   considered in innovative schemes include information transparency, inclusiveness, expert support, long-term goals, and credibility.
5. A national campaign for sustainable finance that aims to build understanding of the importance of activities that consider
   environmental, social, and governance aspects. This effort is carried out through the formation of a communication strategy and
   various educational and socialization activities.




Annual Report    2024                                           475                                          PT Bank KB Bukopin Tbk
Page 476
             Corporate Social Responsibility




REALIZATION OF CSR FUND AND ACTIVITIES IN 2024


The implementation of CSR (Corporate Social Responsbility) program at KB Bank is carried out comprehensively and sustainably,
covering the planning, implementation, and evaluation stages. Each program is designed based on mapping the social, economic,
and environmental impacts resulting from the Bank's operational and business activities. This analysis is the basis for preparing a
plan while still considering the Bank's capacity and sustainability.

As a form of commitment to CSR, in 2024 the Bank allocated a budget of IDR 900,000,000 to support various CSR initiatives. The funds
are focused on four main areas, namely education, empowerment, society, social, and religion. In addition, in order to improve the
competence of human resources, the Bank also budgets 3.5% of the Employment Cost (BTK). Besides, the Bank has allocated budgets
of IDR 30,216,501,131 to develop better quality and competence of Human Resources development as part of efforts to develop more
qualified and competitive human resources. This budget is divided into several categories, namely Mandatory Training, Non-Mandatory
Training, and training operational budget.

In more detail, the following is the allocation of funds that have been budgeted by KB Bank to support the implementation of the CSR
program and HR development throughout 2024. In the Mandatory Training category, the budget allocated for Certification Competencies
is IDR 4,233,416,269 and Core Competencies is IDR 228,553,778, with a total of IDR 4,461,970,047. Meanwhile, in Non-Mandatory Training,
the largest allocation is given to Technical Competencies of IDR 24,141,681,796, followed by Soft Competencies of IDR 180,003,770 and
Managerial Competencies of IDR 31,474,895, with a total of IDR 24,353,160,461. In addition, the Bank also budgeted IDR 1,411,370,623 for
training operations. With this allocation, the Bank is committed to improving HR competencies through various training programs that
include technical, managerial, and certification skills in order to create a competitive and professional workforce, and also contribute
significantly to improving community welfare and preserving the environment.

The following is more detailed information of funds allocation that have been budgeted by KB Bank to support the implementation
of the TJSL program throughout 2024.


 No.                                  Scope                                                       Nominal
   1       Education                                                                                                       IDR 130,000,000
  2        Community Empowerment                                                                                            IDR 50,000,000
  3        Social                                                                                                           IDR 94,786,799
  4        Religious Affairs                                                                                               IDR 432,000,000


Align with the vision of sustainability initiated by the government, KB Bank's CSR program in 2024 is directed to contribute to realizing
this vision. The implementation of the program continues to consider the dynamics of the national economy and the company's
internal conditions so that its implementation runs effectively and sustainably.

In an effort to provide a broader positive impact, KB Bank presents various superior initiatives in the CSR program throughout 2024.
These programs are designed to address social, economic, and environmental needs that are relevant to current developments,
while strengthening the Bank's role in encouraging inclusive and sustainable development. Some of the main programs that are the
focus in 2024 include:


                                                Sustainable Development
   No.                 CSR Activity Type
                                                         Goals
                                                                                  Explanation                     Achievement

                                                                          Budget Allocation IDR
              Distribution of Support for                                                                Distribution of Takjil and dinner
                                                                          147,000,000
              Ramadhan Activities (Iftar                                                                 for residents and drivers passing
       1                                        SDGs No.2 – Zero Hunger
              together) through Ar Ridho & Al                                                            Ar Ridho & Al Ikhlas mosque
                                                                          Implementation period: March
              Ikhlas Mosque.                                                                             area
                                                                          13 – April 05, 2024




Annual Report          2024                                         476                                         PT Bank KB Bukopin Tbk
Page 477
                                             Sustainable Development
  No.            CSR Activity Type
                                                      Goals
                                                                                    Explanation                     Achievement

         Distribution of Qurban animals
                                                                            Budget Allocation IDR
         to residents who are entitled
                                                                            275,000,000
         to receive them around Cikoko,                                                                   A total of 10 cows are distributed
   2                                         SDGs No.2 – Zero Hunger
         Teber, S.Parman, Darus Saadah                                                                    for Qurban
                                                                            Implementation period: June
         Sentul Foundation and proposal
                                                                            17, 2024
         submitted.
                                                                            Budget Allocation IDR         The purpose of this Social
         Support for the Social Service
                                                                            20,000,000                    Service Program focuses on
         Activity “Blood Donation and        SDGs No. 3- Healthy Life and
   3                                                                                                      ensuring healthy lives and
         Mass Circumcision” carried out by   Well-Being
                                                                            Implementation Period:        supporting well-being for all
         Alumni of SMP XIII Jakarta.
                                                                            June 22, 2024                 ages.
                                                                                                          This program aims to assist the
                                                                                                          government's program to reduce
                                                                            Budget Allocation IDR         stunting rates in Indonesia while
                                                                            7,000,000                     strengthening a culture of care
         CSR Activity “Sharing Kindness
   4                                         SDGs No.2 – Zero Hunger                                      among KB Bank employees and
         with KB Bank Indonesia”.
                                                                            Implementation Period:        KBFG affiliates in Indonesia.
                                                                            October 12, 2024              The activity was carried out in
                                                                                                          a marginal area in Rawa Indah,
                                                                                                          North Jakarta.
                                                                                                          Represents the values ​​of
                                                                            Budget Allocation IDR
         Educational Scholarship Support                                                                  innovation, hard work, and
                                                                            100,000,000,-
         for Ji Da Bin, a talented young     SDGs No. 4 – Quality                                         inclusivity which are in line
   5
         football athlete of Indonesian-     Education                                                    with KB Bank's commitment to
                                                                            Implementation Period:
         South Korean blood.                                                                              inspire the young generation of
                                                                            October 18, 2024
                                                                                                          Indonesia.




Annual Report   2024                                                477                                          PT Bank KB Bukopin Tbk
Page 478
          Corporate Social Responsibility




STATEMENTS REGARDING CSR ACTIVITIES AS
DISCLOSED IN THE SUSTAINABILITY REPORT

Information regarding KB Bank’s Social and Environmental               4. Explanation from the Board of Directors;
Responsibility (CSR) program in 2024 has been comprehensively          5. Sustainability Governance;
disclosed in the Bank’s Sustainability Report for the 2024 Financial   6. Sustainability Performance (economic, social, and
Year which is presented separately. However, the information              environmental);
is an inseparable part of this Annual Report as directed by the        7. Written Verification from an Independent Party;
Financial Services Authority Circular Letter No. 16/SEOJK.04/2021.     8. Readers’ Feedback Sheet; And
                                                                       9. Company Responses to Previous Year’s Report Feedback.
The contents of the KB Bank Sustainability Report for the 2024
Financial Year include the points as directed by SEOJK No. 16/         The Bank’s CSR program is always aligned with the company’s
SEOJK.04/2021, namely as follows:                                      vision and mission as stated in the RAKB which is implemented in
1. Explanation of Sustainability Strategy;                             a strategic, systematic, and sustainable manner. Apart from being
2. Overview of Sustainability Aspects (economic, social, and           expected to improve its corporate image, the CSR Bank program
    environmental);                                                    is also aimed at providing a positive impact on society and the
3. Brief Company Profile;                                              environment in order to achieve the Sustainable Development
                                                                       Goals.




Annual Report     2024                                             478                                         PT Bank KB Bukopin Tbk
Page 479
Annual Report   2024   479   PT Bank KB Bukopin Tbk
Page 480
        Laporan Manajemen




Laporan Tahunan 2024        480   PT Bank KB Bukopin Tbk
Page 481
                       Financial
                       Report

Laporan Tahunan 2024     481       PT Bank KB Bukopin Tbk
Page 482
PT Bank KB Bukopin Tbk
Dan Entitas Anak/And Subsidiaries
Laporan Keuangan Konsolidasian/
Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir pada
Tanggal 31 Desember 2024 dan 2023/
For theYears Ended as at
December 31, 2024 and 2023
Page 483
PT BANK KB BUKOPIN TBK DAN ENTITAS ANAK/AND SUBSIDIARIES
DAFTAR ISI/TABLE OF CONTENTS


                                                                                              Halaman/
                                                                                                Page

Laporan Auditor Independen/Independent Auditors’ Report

Surat Pernyataan Direksi tentang Tanggung Jawab atas Laporan Keuangan Konsolidasian
PT Bank KB Bukopin Tbk dan Entitas Anak untuk Tahun-tahun yang Berakhir 31 Desember
    2024 dan 2023/
The Directors’ Statement on the Responsibility for Consolidated Financial Statements of
PT Bank KB Bukopin Tbk and Subsidiaries for the Years Ended December 31, 2024 and 2023

LAPORAN KEUANGAN KONSOLIDASIAN - Untuk Tahun-tahun yang Berakhir 31 Desember
   2024 dan 2023/
CONSOLIDATED FINANCIAL STATEMENTS - For the Years Ended December 31, 2024 and
   2023

    Laporan Posisi Keuangan Konsolidasian/Consolidated Statements of Financial
    Position…………………………………………………………………………………………………                                                1-2

    Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian/Consolidated
        Statements of Profit or Loss and Other Comprehensive Income…………………………...                 3-4

    Laporan Perubahan Ekuitas Konsolidasian/Consolidated Statements of Changes in
        Equity………………………………………………………………………………………………                                               5-6

    Laporan Arus Kas Konsolidasian/Consolidated Statements of Cash Flows……………………                 7-8

    Catatan atas Laporan Keuangan Konsolidasian/Notes to Consolidated Financial
        Statements………………………………………………………………………………………..                                           9-224

    Informasi Tambahan/Additional Information………………………………………………………..                           225-233

                                                                                               Lampiran/
                                                                                              Attachment

Laporan Posisi Keuangan Entitas Induk/Statements of Financial Position of Parent Entity……….       1

Laporan Laba Rugi dan Penghasilan Komprehensif Lain Entitas Induk/Statements of Profit or
Loss and Other Comprehensive Income of Parent Entity……………………………………………..                           2

Laporan Perubahaan Ekuitas Entitas Induk/Statements of Changes in Equity of Parent
Entity………………………………………………………………………………………………………...                                                  3

Laporan Arus Kas Entitas Induk/Statements of Cash Flows of Parent Entity……………………….                4

Pengungkapan Lainnya/Other Disclosures………………………………………………………………                                    5
Page 484

          
Page 485

          
Page 486

          
Page 487

          
Page 488

          
Page 489

          
Page 490

          
Page 491
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Laporan Posisi Keuangan Konsolidasian                                       Consolidated Statements of Financial Position
Tanggal 31 Desember 2024                                                                         As at December 31, 2024
(Angka-angka disajikan dalam jutaan Rupiah, kecuali                       (Figures are presented in million Rupiah, unless
dinyatakan lain)                                                                                          otherwise stated)



                                                           Catatan/
                                            2024            Notes           2023

ASET                                                                                       ASSETS
Kas                                           369.083       3,46,51           289.184      Cash
Giro pada Bank Indonesia                    2.672.478       4,46,51         3.205.619      Current accounts with Bank Indonesia
Giro pada bank lain:                                        5,46,38                        Current accounts with other banks:
   Pihak berelasi                              10.585                           6.377        Related party
   Pihak ketiga                               386.552                         336.504        Third parties
Dikurangi: Cadangan                                                                        Less: Allowance for
   kerugian penurunan nilai                        (300)                           (300)     impairment losses

                                                                                           Current accounts with
Giro pada bank lain - neto                   396.837                          342.581         other banks - net
Penempatan pada Bank Indonesia                                                             Placements with Bank Indonesia
   dan bank lain:                                           6,46,51                           and other banks:
   Pihak ketiga                             2.798.303                       2.133.567         Third parties
Surat-surat berharga:                                       7,46,51                        Marketable securities:
   Diukur pada nilai                                                                          Fair value through
      wajar melalui laba rugi               7.467.153                       5.322.930            profit or loss
   Diukur pada nilai                                                                          Fair value through
      wajar melalui penghasilan                                                                  other comprehensive
      komprehensif lain                     4.345.452                       3.067.387            income
   Diukur pada biaya                                                                          Measured at
      perolehan diamortisasi                9.954.506                       9.145.932            amortized cost

                                           21.767.111                      17.536.249
Dikurangi: Cadangan                                                                        Less: Allowance for
   kerugian penurunan nilai                        (280)                           (109)     impairment losses

Surat-surat berharga - neto                21.766.831                      17.536.140      Marketable securities - net
Surat-surat berharga                                                                       Marketable securities
   yang dibeli dengan janji                                                                  purchased with agreements
   dijual kembali - neto                            -       8,46,51         2.572.152        to resell - net
Tagihan derivatif                              12.054      11,46,51             3.040      Derivative receivables
Kredit yang diberikan dan
   pembiayaan/piutang                                                                      Loans and sharia
   syariah:                                                9,40,46,51                      financing/receivables:
   Pihak berelasi                             339.983          38             641.005         Related parties
   Pihak ketiga                            47.187.503                      48.777.611         Third parties
Dikurangi: Cadangan                                                                        Less: Allowance for
   kerugian penurunan nilai                (2.992.197)                      (3.582.834)       impairment losses

Kredit yang diberikan dan
   pembiayaan/piutang                                                                      Loans and sharia
   syariah - neto                          44.535.289                      45.835.782        financing/receivables - net
Tagihan akseptasi                              84.279      10,40,46           132.577      Acceptance receivables
Dikurangi: Cadangan                                                                        Less: Allowance for
   kerugian penurunan nilai                    (1.200)                          (1.613)      impairment losses

Tagihan akseptasi - neto                       83.079                          130.964     Acceptance receivables - net
Penyertaan saham                                   15        12,46                  15     Investments in shares
Aset tetap dan aset hak guna                4.776.998         13             4.646.734     Fixed assets and right of use assets
Dikurangi: Akumulasi penyusutan            (1.456.694)                      (1.413.059)    Less: Accumulated depreciation

                                                                                           Fixed assets and right of use
Aset tetap dan aset hak guna - neto         3.320.304                       3.233.675         assets - net
Aset pajak tangguhan - neto                 1.258.561         21            2.670.543      Deferred tax assets - net
Aset takberwujud                              636.119         14              635.815      Intangible assets
Dikurangi: Akumulasi                                                                       Less: Accumulated
   amortisasi dan                                                                             amortization and
   penurunan nilai                           (365.312)                       (350.230)        impairment losses

Aset tak berwujud - neto                      270.807                         285.585      Intangible assets - net
Aset lain-lain - neto                       5.591.657      15,46,51         6.068.453      Other assets - net

TOTAL ASET                                 83.075.298                      84.307.300      TOTAL ASSETS




Lihat Catatan atas laporan keuangan konsolidasian yang                  See accompanying Notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan                    statements which are an integral part of the consolidated
keuangan konsolidasian.                                                 financial statements.

                                                               -1-
Page 492
PT BANK KB BUKOPIN TBK                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                        AND SUBSIDIARIES
Laporan Posisi Keuangan Konsolidasian                                                           Consolidated Statements of
Tanggal 31 Desember 2024 (lanjutan)                                                           Financial Position (continued)
(Angka-angka disajikan dalam jutaan Rupiah, kecuali                                                As at December 31, 2024
dinyatakan lain)                                                            (Figures are presented in million Rupiah, unless
                                                                                                            otherwise stated)



                                                           Catatan/
                                            2024            Notes             2023

LIABILITAS DAN EKUITAS                                                                      LIABILITIES AND EQUITY

LIABILITAS                                                                                  LIABILITIES
Liabilitas segera                            401.263        16,46,51            431.402     Liabilities immediately payable
Simpanan nasabah:                                        17,18,19,46,51                     Deposits from customers:
Giro:                                                          17                           Demand deposits:
   Pihak berelasi                               3.203          38                 9.094        Related parties
   Pihak ketiga                             6.286.045                         3.168.554        Third parties
Tabungan :                                                    18                            Saving deposits:
   Pihak berelasi                              45.260         38                 18.491        Related parties
   Pihak ketiga                             6.870.242                         6.854.693        Third parties
Deposito berjangka:                                           19                            Time deposits:
   Pihak berelasi                              42.412         38                 40.311        Related parties
   Pihak ketiga                            33.345.996                        34.698.000        Third parties
Simpanan dari bank lain:                                     20,46                          Deposits from other banks:
   Pihak berelasi                           2.710.649         38              7.699.413        Related parties
   Pihak ketiga                               170.537                           187.308        Third parties
Surat-surat berharga                                                                        Marketable securities
   yang dijual dengan janji                                                                    sold with agreements
   dibeli kembali - neto                    3.739.878       22,46               219.631        to repurchase - net
Liabilitas derivatif                            3.641      11,51,46                 808     Derivative payables
Liabilitas akseptasi                           84.279      10,46,51             132.577     Acceptance payables
Pinjaman yang diterima:                                    23,46,51                         Borrowings:
   Pihak berelasi                           6.557.175         38              6.544.886        Related parties
   Pihak ketiga                             7.363.469                         5.159.606        Third parties
Surat berharga yang diterbitkan             5.790.158        24,46            3.397.588     Marketable securities issued
Utang pajak                                    60.903         21a                64.635     Tax payables
Liabilitas lain-lain                        1.638.402        26,51            1.570.140     Other liabilities

TOTAL LIABILITAS                           75.113.512                        70.197.137     TOTAL LIABILITIES

EKUITAS YANG DAPAT                                                                          EQUITY ATTRIBUTABLE TO
  DIATRIBUSIKAN KEPADA                                                                         HOLDERS OF
  PEMILIK ENTITAS INDUK                                                                        THE PARENT ENTITY
Modal saham                                                                                 Share capital
  Saham biasa kelas A - niIai                                                                  Common A shares -
  nominal Rp10.000 (nilai penuh)                                                               Rp10,000 (full amount) par value
  Saham biasa kelas B -                                                                        Common B shares -
  niIai nominal Rp100 (nilai penuh)                                                            Rp100 (full amount) par value
Modal dasar                                                                                 Authorized capital
  Saham biasa kelas A -                                                                        Common A shares -
  21.337.978 saham                                                                             21,337,978 shares
  Saham biasa kelas B -                                                                        Common B shares -
  207.866.202.200                                                                              207,866,202,200 shares
Modal ditempatkan dan                                                                       Issued and fully paid
  disetor penuh                                                                                capital
  Saham biasa kelas A -                                                                        Common A shares -
      21.337.978 saham                                                                            21,337,978 shares
  Saham biasa kelas B -                                                                        Common B shares -
      187.866.201.892 saham per                                                                   187,866,201,892 shares
      31 Desember 2024                                                                            as at December 31, 2024
      dan 2023                             19.000.000         27a            19.000.000           and 2023
Tambahan modal disetor                      8.225.767         27b             8.225.767     Additional paid-in capital
Surplus revaluasi aset                      1.816.965          13             1.603.893     Asset revaluation surplus
Keuntungan (kerugian) yang belum
  direalisasi atas surat-surat                                                              Unrealized gain (loss)
  berharga dalam kelompok                                                                     on fair value through other
  nilai wajar melalui penghasilan                                                             comprehensive income
  komprehensif lain -                                                                         marketable securities -
  setelah pajak tangguhan                     (14.149)                             7.563      net of deferred tax
Akumulasi defisit                         (21.041.182)                       (14.700.914)   Accumulated deficit

                                            7.987.401                        14.136.309
Kepentingan non-pengendali                    (25.615)        28                (26.146)    Non-controlling interest

TOTAL EKUITAS                               7.961.786                        14.110.163     TOTAL EQUITY

TOTAL LIABILITAS DAN EKUITAS               83.075.298                        84.307.300     TOTAL LIABILITIES AND EQUITY



Lihat Catatan atas laporan keuangan konsolidasian yang                    See accompanying Notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan                      statements which are an integral part of the consolidated
keuangan konsolidasian.                                                   financial statements.

                                                               -2-
Page 493
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Laporan Laba Rugi dan Penghasilan                                           Consolidated Statements of Profit or Loss
Komprehensif Konsolidasian                                                          and Other Comprehensive Income
Untuk Tahun yang Berakhir Pada Tanggal-tanggal                                For the Years Ended December 31, 2024
31 Desember 2024                                                      (Figures are presented in million Rupiah, unless
(Angka-angka disajikan dalam jutaan Rupiah, kecuali                                                   otherwise stated)
dinyatakan lain)




                                                         Catatan/
                                            2024          Notes         2023

PENDAPATAN DAN BEBAN                                                                  INCOME AND EXPENSES
  OPERASIONAL                                                                            FROM OPERATIONS
Pendapatan bunga dan syariah                               29                         Interest and sharia income
Pendapatan bunga                            4.931.273                   4.374.694     Interest income
Pendapatan syariah                            522.826                     486.942     Sharia income

Total pendapatan bunga
  dan syariah                               5.454.099                   4.861.636     Total interest and sharia income

Beban bunga dan syariah                                    30                         Interest expense and sharia charges
Beban bunga                                (3.965.208)                  (3.746.710)   Interest expense
Beban syariah                                (336.166)                    (306.044)   Sharia charges

Total beban bunga dan                                                                 Total interest expense
  syariah                                  (4.301.374)                  (4.052.754)     and sharia charges

Pendapatan bunga                                                                      Interest and sharia
  dan syariah - neto                        1.152.725                     808.882        income - net

Pendapatan operasional lainnya                                                        Other operating income
Provisi dan komisi lainnya                   229.948       31             333.732     Other fees and commissions
Keuntungan                                                                            Gain on foreign
   selisih kurs - neto                         40.476                      29.265       exchange - net
Keuntungan (kerugian) atas penjualan                                                  Gain (loss) on sale of marketable
   surat-surat berharga - neto                  1.586                      (8.899)      securities - net
Lain-lain                                      78.036                     102.429     Others

Total pendapatan                                                                      Total other operating
  operasional lainnya                        350.046                      456.527       income

Penyisihan kerugian penurunan nilai                                                   Provision of allowance for impairment
   atas aset keuangan - neto               (3.452.900)     32           (5.537.792)      losses on financial assets - net
Keuntungan transaksi                                                                  Gain from foreign
   mata uang asing - neto                       6.180                       5.235        exchange transactions - net
Penyisihan estimasi keuntungan                                                        Provision for gain
   atas komitmen dan                                                                     on commitments
   kontinjensi - neto                           5.385      25               1.999        and contingencies - net
Beban penyisihan                                                                      Provision of allowance
   kerugian penurunan nilai atas                                                         for impairment losses
   aset non-keuangan - neto                  (798.341)                   (269.055)       on non-financial assets - net
Keuntungan (kerugian) dari                                                            Gain (loss) from changes
   perubahan nilai wajar aset                                                            in fair value of financial
   keuangan                                   (23.246)                    155.384        assets
Beban operasional lainnya:                                                            Other operating expenses:
Umum dan administrasi                      (1.119.658)     33           (1.371.594)   General and administrative
Gaji dan tunjangan karyawan                  (824.226)     34             (809.976)   Salaries and employee benefits
Premi program                                                                         Premium on government
   penjaminan pemerintah                      (82.152)     30              (98.812)      guarantee program

Total beban operasional Iainnya            (2.026.036)                  (2.280.382)   Total other operating expenses

RUGI OPERASIONAL                           (4.786.187)                  (6.659.202)   LOSS FROM OPERATIONS

BEBAN NON-                                                                            NON-OPERATING
  OPERASIONAL - NETO                         (118.033)     35            (128.185)      EXPENSE - NET

RUGI SEBELUM                                                                          LOSS BEFORE
  BEBAN PAJAK PENGHASILAN                  (4.904.220)                  (6.787.387)     INCOME TAX EXPENSE




Lihat Catatan atas laporan keuangan konsolidasian yang              See accompanying Notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan                statements which are an integral part of the consolidated
keuangan konsolidasian.                                             financial statements.

                                                            -3-
Page 494
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Laporan Laba Rugi dan Penghasilan                                            Consolidated Statements of Profit or Loss
Komprehensif Konsolidasian (lanjutan)                                    and Other Comprehensive Income (continued)
Untuk Tahun yang Berakhir Pada Tanggal-tanggal                                 For the Years Ended December 31, 2024
31 Desember 2024                                                       (Figures are presented in million Rupiah, unless
(Angka-angka disajikan dalam jutaan Rupiah, kecuali                                                    otherwise stated)
dinyatakan lain)



                                                          Catatan/
                                            2024           Notes         2023

MANFAAT (BEBAN)
   PAJAK PENGHASILAN                                                                   TAX BENEFIT (EXPENSE)
Kini                                           (3.159)      21b                  -     Current
Tangguhan                                  (1.421.241)      21b            731.684     Deferred

(Beban) Manfaat pajak penghasilan
   - neto                                  (1.424.400)                     731.684     (Expense) Income tax benefit - net

RUGI TAHUN BERJALAN                        (6.328.620)                   (6.055.703)   LOSS FOR THE YEAR

PENGHASILAN (RUGI)                                                                     OTHER COMPREHENSIVE
  KOMPREHENSIF LAIN:                                                                      INCOME (LOSS):
Pos yang tidak akan                                                                    Item that will not be reclassified
  direklasifikasi ke laba rugi:                                                           to profit or loss:
Pengukuran kembali keuntungan                                                          Remeasurement of
  (kerugian) atas                                                                         gain (loss) on defined
  program imbalan pasti                       (14.252)      37               8.640        benefit plans
Perubahan surplus
  (defisit) revaluasi aset                   213.072        13               (1.756)   Revaluation surplus (deficit)
Pajak penghasilan terkait pos                                                          Income tax related to item
  yang tidak akan direklasifikasi                                                         that will not be reclasified
  ke laba rugi                                  3.135       21c              (1.900)      to profit or loss
Pos-pos yang akan direklasifikasi                                                      Items that may be reclassified
  ke laba rugi:                                                                           subsequently to profit or loss:
Perubahan nilai wajar                                                                  Changes in fair value
  surat-surat berharga dalam                                                              of fair value through
  kelompok nilai wajar melalui                                                            other comprehensive income
  penghasilan komprehensif lain               (27.836)                       6.330        marketable securities
Pajak penghasilan terkait pos                                                          Income tax related to item
  yang akan direklasifikasi                                                               that will be reclassified
  ke laba rugi                                  6.124       21c              (1.392)      to profit or loss

Penghasilan (Beban)                                                                    Other comprehensive
  komprehensif lain - neto                    180.243                        9.922       income (loss) - net

Total rugi komprehensif                                                                Total comprehensive
   tahun berjalan                          (6.148.377)                   (6.045.781)     loss for the year

Rugi tahun berjalan yang                                                               Loss for the year
  dapat diatribusikan kepada:                                                            attributable to:
                                                                                         Equity holders of the
  Pemilik entitas induk                    (6.329.138)                   (6.034.077)     parent entity
  Kepentingan non-pengendali                      518                       (21.626)     Non-controlling interest

                                           (6.328.620)                   (6.055.703)

Total rugi komprehensif tahun                                                          Total comprehensive
  berjalan yang dapat                                                                    loss for the year
   diatribusikan kepada:                                                                 attributable to:
                                                                                         Equity holders of the
  Pemilik entitas induk                    (6.148.908)                   (6.024.463)     parent entity
  Kepentingan non-pengendali                      531       28              (21.318)     Non-controlling interest

                                           (6.148.377)                   (6.045.781)

RUGI PER SAHAM                                                                         LOSS PER SHARE
Dasar/dilusian (nilai penuh)                       (34)     48                  (61)   Basic/diluted (full amount)




Lihat Catatan atas laporan keuangan konsolidasian yang               See accompanying Notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan                 statements which are an integral part of the consolidated
keuangan konsolidasian.                                              financial statements.

                                                             -4-
Page 495
PT BANK KB BUKOPIN TBK                                                                                                                                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                                                                                                      AND SUBSIDIARIES
Laporan Perubahan Ekuitas Konsolidasian                                                                                                                                                    Consolidated Statements of Changes In Equity
Untuk Tahun yang Berakhir Untuk tanggal-tanggal pada 31 Desember 2024 dan 2023                                                                                                          For the Years Ended December 31, 2024 and 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                                    (Figures are presented in million Rupiah, unless otherwise stated)




                                                                                                                              Keuntungan (kerugian)
                                                                                                                                   yang Belum
                                                                                                                                    Direalisasi
                                                                                                                                atas Surat-Surat
                                                                                                                                Berharga Dalam
                                                                                                                                Kelompok Nilai
                                                                                                                                  Wajar melalui
                                                                                                                                   Penghasilan
                                                                                                                              Komprehensif Lain
                                                                                                                                 - Setelah Pajak
                                                                                                                                   Tangguhan/
                                                                                                                                    Unrealized
                                                 Modal                                                                        Gains (loss) on and
                                             Ditempatkan                                                                      Fair Value through
                                             dan Disetor          Tambahan              Uang Muka             Surplus                 Other                                                     Kepentingan
                                                Penuh/              Modal             Setoran Modal/       Revaluasi Aset/      Comprehensive          Akumulasi                               Non-Pengendali/
                                              Issued and           Disetor/            Advance for             Asset          Income Marketable         defisit/                                     Non-
                                  Catatan/     Fully Paid         Additional          Future Shares         Revaluation         Securities - Net      Accumulated                                Controlling         Total Ekuitas/
                                   Notes        Capital         Paid-in Capital        Subscription           Surplus           of Deferred Tax          deficit               Total               Interest           Total Equity

                                                                                                                                                                                                                                         Balance as at
Saldo per 1 Januari 2023                         7.000.000             8.286.428             3.000.000           1.605.649                2.625          (8.673.269)           11.221.433               (4.828)           11.216.605        January 1, 2023


Realisasi uang muka setoran                                                                                                                                                                                                              Realization of advance for
   modal                            27           3.000.000                      -           (3.000.000)                  -                    -                     -                   -                    -                      -      future shares
Penerimaan dana PUT VII             27           9.000.000               (60.661)                    -                   -                    -                     -           8.939.339                        -          8.939.339    Receipt of LPO VII funds
Keuntungan yang belum
   direalisasi atas surat-surat
   berharga dalam                                                                                                                                                                                                                        Unrealized income on
  kelompok nilai wajar                                                                                                                                                                                                                      fair value through other
  diukur melalui penghasilan                                                                                                                                                                                                                comprehensive income
  komprehensif lain -                                                                                                                                                                                                                       marketable securities -
  setelah pajak tangguhan                                   -                     -                    -                 -                4.938                     -                  4.938                 -                  4.938       net of deferred tax
                                                                                                                                                                                                                                         Derecognition of fixed asset
Penghentian revaluasi aset tetap    13                      -                     -                    -            (1.756)                   -                     -               (1.756)                  -                 (1.756)      revaluation
Pengukuran kembali                                                                                                                                                                                                                       Remeasurement
   atas program imbalan pasti -                                                                                                                                                                                                             on defined benefit plans -
   setelah pajak tangguhan                                  -                     -                    -                 -                    -               6.432                  6.432                 308                  6.740       net of deferred tax
Rugi tahun berjalan                                         -                     -                    -                 -                    -          (6.034.077)            (6.034.077)            (21.626)            (6.055.703)   Loss for the year

                                                                                                                                                                                                                                         Balance as at
Saldo per 31 Desember 2023                      19.000.000             8.225.767                       -         1.603.893                7.563         (14.700.914)           14.136.309             (26.146)            14.110.163        December 31, 2023




Lihat Catatan atas laporan keuangan konsolidasian yang merupakan bagian yang tidak terpisahkan dari                                         See accompanying Notes to the consolidated financial statements which are an integral part of the
laporan keuangan konsolidasian.                                                                                                             consolidated financial statements.

                                                                                                                              -5-
Page 496
PT BANK KB BUKOPIN TBK                                                                                                                                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                                                                                                     AND SUBSIDIARIES
Laporan Perubahan Ekuitas Konsolidasian (lanjutan)                                                                                                                            Consolidated Statements of Changes In Equity (continued)
Untuk Tahun yang Berakhir Untuk tanggal-tanggal pada 31 Desember 2024 dan 2023                                                                                                         For the Years Ended December 31, 2024 and 2023
(Angka-angka disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                                   (Figures are presented in million Rupiah, unless otherwise stated)
                                                                                                                             Keuntungan (kerugian)
                                                                                                                                  yang Belum
                                                                                                                                   Direalisasi
                                                                                                                               atas Surat-Surat
                                                                                                                               Berharga Dalam
                                                                                                                               Kelompok Nilai
                                                                                                                                 Wajar melalui
                                                                                                                                  Penghasilan
                                                                                                                             Komprehensif Lain
                                                                                                                                - Setelah Pajak
                                                                                                                                  Tangguhan/
                                                                                                                                   Unrealized
                                                 Modal                                                                       Gains (loss) on and
                                             Ditempatkan                                                                     Fair Value through
                                             dan Disetor          Tambahan              Uang Muka             Surplus                Other                                                    Kepentingan
                                                Penuh/              Modal             Setoran Modal/       Revaluasi Aset/     Comprehensive          Akumulasi                              Non-Pengendali/
                                              Issued and           Disetor/            Advance for             Asset         Income Marketable         defisit/                                    Non-
                                  Catatan/     Fully Paid         Additional          Future Shares         Revaluation          Securities Net -    Accumulated                               Controlling      Total Ekuitas/
                                   Notes        Capital         Paid-in Capital        Subscription           Surplus          of Deferred Tax          deficit               Total              Interest        Total Equity
                                                                                                                                                                                                                                    Balance as at
Saldo per 1 Januari 2024                        19.000.000             8.225.767                       -         1.603.893               7.563         (14.700.914)           14.136.309             (26.146)        14.110.163        January 1, 2024
Kerugian yang belum
   direalisasi atas surat-surat
   berharga dalam                                                                                                                                                                                                                   Unrealized loss on
   kelompok nilai wajar                                                                                                                                                                                                                fair value through other
   diukur melalui penghasilan                                                                                                                                                                                                          comprehensive income
   komprehensif lain -                                                                                                                                                                                                                 marketable securities -
   setelah pajak tangguhan                                  -                     -                    -                 -             (21.712)                    -             (21.712)                  -             (21.712)      net of deferred tax
Revaluasi aset tetap                13                      -                     -                    -          213.072                    -                     -             213.072                   -            213.072     Fixed asset revaluation
Pengukuran kembali                                                                                                                                                                                                                  Remeasurement
   atas program imbalan pasti -                                                                                                                                                                                                        on defined benefit plans -
  setelah pajak tangguhan                                   -                     -                    -                 -                   -             (11.130)               (11.130)               13              (11.117)      net of deferred tax
Rugi tahun berjalan                                         -                     -                    -                 -                   -          (6.329.138)            (6.329.138)              518           (6.328.620)   Loss for the year
                                                                                                                                                                                                                                    Balance as at
Saldo per 31 Desember 2024                      19.000.000             8.225.767                       -         1.816.965             (14.149)        (21.041.182)            7.987.401             (25.615)          7.961.786       December 31, 2024
Lihat Catatan atas laporan keuangan konsolidasian yang merupakan bagian yang tidak terpisahkan dari                                        See accompanying Notes to the consolidated financial statements which are an integral part of the
laporan keuangan konsolidasian.                                                                                                            consolidated financial statements.
                                                                                                                             -6-
Page 497
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Laporan Arus Kas Konsolidasian                                               Consolidated Statements of Cash Flows
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Angka-angka disajikan dalam jutaan Rupiah, kecuali                                                  otherwise stated)
dinyatakan lain)




                                                         Catatan/
                                            2024          Notes         2023

ARUS KAS DARI                                                                           CASH FLOWS FROM
  AKTIVITAS OPERASI                                                                       OPERATING ACTIVITIES
Penerimaan bunga                            4.703.334                    4.445.205      Receipts from interest
Penerimaan pendapatan syariah                 522.826                      486.942      Receipts from sharia income
Pembayaran bunga                           (3.534.442)                  (4.109.898)     Payment of interest
Pembayaran beban syariah                     (336.166)                    (306.044)     Payments of sharia charges
Pendapatan (beban)                                                                      Other operating income
  operasional Iainnya                        326.801                      351.755         (expense)
Penerimaan kembali kredit                                                               Recoveries from written-off
  yang telah dihapusbukukan                  111.243       9p             177.584         loans
Pembayaran gaji dan                                                                     Payments of salaries and
  tunjangan karyawan                         (821.006)                    (937.763)       employee benefits
Beban operasional Iainnya                  (2.046.652)                  (1.237.851)     Other operating expense
Beban (pendapatan)                                                                      Non - operating
  non operasional                            (109.653)                   (123.249)        expenses (income)
Pembayaran pajak                                                                        Payments of corporate
  penghasilan badan                            (3.159)                              -     income taxes

Pengeluaran kas sebelum                                                                 Cash payments before changes
  perubahan dalam aset dan                                                                in operating assets
  liabilitas operasi                       (1.186.874)                  (1.253.319)       and liabilities

Perubahan dalam aset dan                                                                Changes in operating assets
  liabilitas operasi:                                                                      and liabilities:
                                                                                        Decrease (increase) in operating
Penurunan (kenaikan) aset operasi:                                                         assets:
Penempatan pada Bank Indonesia                                                          Placements with Bank Indonesia
   dan bank lain yang jatuh tempo                                                          and other banks with original
   lebih dari 3 bulan                                                                      maturities of more than 3
   sejak tanggal perolehan                          -                      (17.000)        months from acquisition date
Surat-surat berharga -                                                                  Marketable securities -
   diukur pada nilai wajar                                                                 at fair value through
   melalui laba rugi                        1.367.969                   2.929.462          profit or loss
Surat-surat berharga - diukur pada                                                      Marketable securities -
   biaya perolehan diamortisasi              187.066                      495.880          amortized cost
Kredit yang diberikan dan                                                               Loans and sharia
   pembiayaan/piutang syariah              (2.263.650)                  (3.134.725)        financing/receivables
Tagihan akseptasi                             (47.885)                     113.829      Acceptances receivable
Aset lain-lain                             (2.200.695)                    (492.929)     Other assets
Kenaikan (penurunan)                                                                    Increase (decrease)
   liabilitas operasi:                                                                     in operating liabilities:
Liabilitas segera                             (30.140)                     42.880       Liabilities immediately payable
Simpanan nasabah:                                                                       Deposits from customers:
   Giro                                     3.111.600                     (400.279)        Current accounts
   Tabungan                                    42.318                      (82.600)        Savings deposits
   Deposito berjangka                      (1.349.903)                  (6.690.348)        Time deposits
Simpanan dari bank lain                    (5.005.535)                  (2.494.654)     Deposits from other banks
Liabilitas akseptasi                          (48.298)                     115.231      Acceptances payable
Utang pajak                                    (3.732)                       8.139      Tax payables
Liabilitas lain-lain                          (17.729)                     694.625      Other liabilities

Kas neto digunakan                                                                      Net cash used in
  untuk aktivitas operasi                  (7.445.488)                 (10.165.808)       operating activities

ARUS KAS DARI                                                                           CASH FLOWS FROM
  AKTIVITAS INVESTASI                                                                     INVESTING ACTIVITIES
Penerimaan dari penjualan
  surat-surat berharga -                                                                Receipts from sale of
  diukur pada nilai wajar                                                                 marketable securities -
  melalui penghasilan                                                                     fair value through other
  komprehensif lain                         2.422.243                     260.000         comprehensive income
Penerimaan dari surat-surat                                                             Receipts from matured
  berharga yang jatuh tempo                63.346.749                  11.725.517         marketable securities
Pembelian surat-surat berharga -
  diukur pada nilai wajar                                                               Purchase of marketable
  melalui penghasilan                                                                     securities - fair value
  komprehensif lain dan                                                                   through other
  diukur pada biaya perolehan                                                             comprehensive income
  diamortisasi                            (68.040.087)                 (20.804.241)       and amortized cost




Lihat Catatan atas laporan keuangan konsolidasian yang              See accompanying Notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan                statements which are an integral part of the consolidated
keuangan konsolidasian.                                             financial statements.

                                                             -7-
Page 498
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Laporan Arus Kas Konsolidasian (lanjutan)                           Consolidated Statements of Cash Flows (continued)
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Angka-angka disajikan dalam jutaan Rupiah, kecuali                                                    otherwise stated)
dinyatakan lain)



                                                         Catatan/
                                            2024          Notes           2023

Penerimaan dari surat-surat                                                             Receipts from matured marketable
  berharga yang dibeli dengan janji                                                        securities purchased with
  dijual kembali yang jatuh tempo          27.260.447                    57.780.679        agreements to resell
Pembayaran atas surat-surat                                                             Payments of marketable
  berharga yang dibeli dengan                                                              securities purchased with
  janji dijual kembali                    (24.688.295)                   (60.352.831)      agreements to resell
Pembelian aset tetap                          (51.661)     13                (60.766)   Purchase of fixed assets
Hasil penjualan aset tetap                     27.759      13                  7.200    Proceeds from sale of fixed assets
Pembelian piranti lunak                          (304)     14               (150.766)   Purchase of software

Kas neto diperoleh dari (digunakan)                                                     Net cash provided by (used in)
  untuk aktivitas investasi                  276.851                     (11.595.208)     investing activities

ARUS KAS DARI                                                                           CASH FLOWS FROM
  AKTIVITAS PENDANAAN                                                                     FINANCING ACTIVITIES
Penerimaan dari surat-surat                                                             Receipts from marketable
  berharga yang dijual dengan                                                             securities sold with agreements
  janji dibeli kembali                     64.573.590                     9.127.534       to repurchase
Pembayaran atas surat-surat                                                             Payments of
  berharga yang dijual                                                                    matured marketable
  dengan janji dibeli kembali                                                             securities sold with
  yang jatuh tempo                        (61.385.463)                    (8.907.903)     agreements to repurchase
Penerimaan dari pinjaman
  yang diterima                             6.406.032                     1.246.416     Proceeds from borrowings
Pembayaran pinjaman yang diterima          (4.205.755)                     (742.055)    Payment of borrowings
Penerimaan modal dari Penawaran                                                         Receipt from Limited
  Umum Terbatas VII                                 -      27             8.939.339        Public Offering VII
Penerimaan atas global                                                                  Receipts of global
  obligasi senior                           4.794.662                              -       bonds issuance
Pembayaran atas penerbitan                                                              Payment of marketable
  Surat berharga yang diterbitkan          (2.405.000)                             -       securities issued

Kas neto diperoleh dari                                                                 Net cash provided by
  aktivitas pendanaan                       7.778.066                     9.663.331       financing activities

PENINGKATAN (PENURUNAN)                                                                 NET INCREASE (DECREASE)
  NETO KAS DAN                                                                            IN CASH AND CASH
  SETARA KAS                                 609.429                     (12.097.685)     EQUIVALENTS

Pengaruh perubahan kurs                                                                 Effects of foreign currency
  mata uang asing                            (326.679)                      492.085        exchange rate changes

KAS DAN SETARA KAS                                                                      CASH AND CASH EQUIVALENTS AT
  AWAL TAHUN/PERIODE                        5.953.951                    17.559.551       BEGINNING OF THE YEAR

KAS DAN SETARA KAS                                                                      CASH AND CASH EQUIVALENTS
  AKHIR TAHUN                               6.236.701                     5.953.951       AT END OF THE YEAR

Kas dan setara kas terdiri dari:                                                        Cash and cash equivalents consist of:
Kas                                          369.083        3               289.184     Cash
                                                                                        Current accounts with
Giro pada Bank Indonesia                    2.672.478       4             3.205.619        Bank Indonesia
                                                                                        Current accounts with
Giro pada bank lain                          396.837        5               342.581        other banks
Penempatan pada Bank Indonesia                                                          Placement with Bank Indonesia and
   dan bank lain yang jatuh tempo                                                          other banks with original maturities
   dalam 3 bulan atau kurang sejak                                                         of 3 months or less
   tanggal perolehan                        2.798.303       6             2.116.567        from acquisition date

Total                                       6.236.701                     5.953.951     Total




Lihat Catatan atas laporan keuangan konsolidasian yang                See accompanying Notes to the consolidated financial
merupakan bagian yang tidak terpisahkan dari laporan                  statements which are an integral part of the consolidated
keuangan konsolidasian.                                               financial statements.

                                                             -8-
Page 499
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)



1.   Umum                                                         1.   General

     a.   Pendirian Bank                                               a.   Establishment of the Bank

          PT Bank KB Bukopin Tbk (“Bank”) didirikan di                      PT Bank KB Bukopin Tbk (the “Bank”) was
          Republik lndonesia pada tanggal 10 Juli 1970                      established in the Republic of Indonesia on
          dengan nama Bank Umum Koperasi Indonesia                          July 10, 1970 as Bank Umum Koperasi
          (disingkat Bukopin) yang disahkan sebagai                         Indonesia (abbreviated to Bukopin) based on
          badan hukum berdasarkan Surat Keputusan                           Decision Letter No. 13/Dirjen/Kop/70 of the
          Direktorat Jenderal Koperasi No. 13/Dirjen/                       Directorate General for Cooperatives and was
          Kop/70 dan didaftarkan dalam Daftar Umum                          registered in the General List of the Directorate
          Direktorat Jenderal Koperasi No. 8251 pada                        General for Cooperatives No. 8251 on the same
          tanggal yang sama. Bank mulai melakukan                           date. The Bank started its commercial
          usaha komersial sebagai Bank umum koperasi                        operations as a cooperative Bank in Indonesia
          di Indonesia sejak tanggal 16 Maret 1971                          on March 16, 1971 upon the approval of the
          dengan izin Menteri Keuangan dalam Surat                          Ministry of Finance in its Decision Letter
          Keputusan No. Kep-078/DDK/II/3/1971 tanggal                       No. Kep-078/DDK/II/3/1971 dated March 16,
          16 Maret 1971.                                                    1971.

          Menurut Anggaran Dasar, usaha Bank                                According to its Articles of Association, the
          mencakup segala kegiatan Bank umum                                Bank’s scope of activities includes all
          sebagaimana dimaksud dalam Undang-                                commercial Banking activities as defined in the
          Undang Perbankan dengan tujuan utama                              Banking Law, with the main objective of
          memperhatikan dan melayani kepentingan                            providing services to cooperatives in Indonesia
          gerakan koperasi di Indonesia sesuai dengan                       in accordance with the Law on Cooperatives.
          Undang-Undang Perkoperasian yang berlaku.                         During its growth, the Bank merged with certain
          Dalam    perkembangannya,       Bank     telah                    cooperative Banks. The change in the name
          melakukan penggabungan usaha dengan                               from Bank Umum Koperasi Indonesia (Bukopin)
          beberapa Bank umum koperasi. Perubahan                            to Bank Bukopin was approved during the
          nama Bank Umum Koperasi Indonesia                                 Cooperative Members’ Meeting of Bank Umum
          (Bukopin) menjadi Bank Bukopin disahkan                           Koperasi Indonesia as stated in letter
          dalam Rapat Anggota Bank Umum Koperasi                            No. 03/RA/XIl/89 dated January 2, 1990.
          Indonesia yang dituangkan dalam surat
          No. 03/RA/XII/89 tanggaI 2 Januari 1990.

          Dalam Rapat Khusus Anggota Bank, yang                             During the Special Meeting of the Members of
          dinyatakan dengan akta notaris No. 4 tanggal                      Bank, the minutes of which were covered by
          2 Desember 1992 dari Notaris Muhani Salim,                        notarial deed No. 4 dated December 2, 1992 of
          S.H., para anggota menyetujui untuk                               Notary Muhani Salim, S.H., the cooperative
          mengubah status badan hukum Bank dari                             members agreed to change the Bank’s legal
          koperasi menjadi perseroan terbatas. Akta                         entity from a cooperative to a limited liability
          pendirian yang berkaitan dengan perubahan                         company. The Bank’s deed of establishment
          status badan hukum Bank dinyatakan dengan                         and the amendment relating to the change in
          akta notaris No. 126 tanggal 25 Februari 1993                     legal entity were covered by notarial deed
          dari Notaris Muhani Salim, S.H., beserta                          No. 126 dated February 25, 1993 of Notary
          pembetulannya, dengan akta notaris No. 118                        Muhani Salim, S.H., and notarial deed No. 118
          tanggal 28 Mei 1993 dari notaris yang sama.                       dated May 28, 1993 of the same notary,
                                                                            respectively.

          Perubahan ini telah disahkan oleh Menteri                         These changes were approved by the Minister
          Kehakiman Republik lndonesia dalam Surat                          of Justice of the Republic of Indonesia in its
          Keputusan       No.  C2-5332.HT.01.01.TH.93                       Decision Letter No. C2-5332.HT.01.01.TH.93
          tanggal 29 Juni 1993 serta diumumkan dalam                        dated June 29, 1993 and were published in
          Berita Negara Republik Indonesia No. 3633                         Supplement No. 64 of State Gazette No. 3633
          tambahan No. 64 tanggal 10 Agustus 1993.                          dated August 10, 1993. The changes were also
          Perubahan ini juga telah disetujui oleh Menteri                   approved by the Minister of Finance of the
          Keuangan Republik Indonesia dalam Surat                           Republic of Indonesia in its Decision
          Keputusan No. S-1382/MK.17/1993 tanggal                           Letter    No.    S-1382/MK.17/1993      dated
          28 Agustus 1993. Bank memulai kegiatan                            August 28, 1993. The Bank started commercial
          usaha dalam bentuk perseroan terbatas pada                        operations as a limited liability company on
          tanggal 1 Juli 1993.                                              July 1, 1993.




                                                            -9-
Page 500
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)



1.   Umum (lanjutan)                                               1.   General (continued)

     a.   Pendirian Bank (lanjutan)                                     a.     Establishment of the Bank (continued)
          Berdasarkan anggaran dasar PT Bank KB                                Based on the articles of association of PT Bank
          Bukopin Tbk, Akta Pernyataan Keputusan                               KB Bukopin Tbk, Deed of Statement of Meeting
          Rapat Perubahan Anggaran Dasar tertanggal                            Resolution on the Amendments to the Articles of
          28 Juni 2024 dengan No. 117 sebagaimana                              Association dated on June 28, 2024 No. 117 as
          telah diterima dan dicatat di dalam database                         received and recorded in the Legal Entity
          Sistem      Administrasi    Badan     Hukum                          Administration System database of the Ministry
          Kementerian Hukum Dan Hak Asasi Manusia                              of Law and Human Rights of the Republic of
          RI tertanggal 12 Juli 2024 dengan No. AHU-                           Indonesia dated July 12, 2024 No. AHU-
          AH.01.03-0171361       Perihal:   Penerimaan                         AH.01.03-0171361 Concerning: the Receipt of
          Pemberitahuan Perubahan Anggaran Dasar                               Notification of Amendments to the Articles of
          PT Bank KB Bukopin Tbk, dan susunan                                  Association of PT Bank KB Bukopin Tbk, and
          terakhir Dewan Komisaris beserta Anggota                             the latest composition of the Board of
          Direksi. Akta Pernyataan Keputusan Rapat                             Commissioners and Board of Directors. Deed of
          tertanggal 28 Juni 2024 dengan No. 116,                              Statement of Meeting Resolutions dated
          sebagaimana telah diterima dan dicatat di                            June 28, 2024, No. 116, as received and
          dalam database Sistem Administrasi Badan                             recorded in the Legal Entity Administration
          Hukum Kementerian Hukum Dan Hak Asasi                                System database of the Ministry of Law and
          Manusia RI tertanggal 12 Juli 2024 dengan                            Human Rights of the Republic of Indonesia on
          No.       AHU-AH.01.09-0225584       Perihal:                        July 12, 2024, with No. AHU-AH.01.09-0225584
          Penerimaan Pemberitahuan Perubahan Data                              concerning: the Receipt of Notification of
          Perseroan PT Bank KB Bukopin Tbk oleh                                Corporate Data Changes of PT Bank KB
          karena itu sah dan berwenang bertindak untuk                         Bukopin Tbk, are therefore valid and
          dan atas nama PT Bank KB Bukopin Tbk                                 authorized to act for and on behalf of
                                                                               PT Bank KB Bukopin Tbk.

          Entitas induk sekaligus pemegang saham                               The     parent   entity   as    well   as  the
          pengendali Bank adalah Kookmin Bank Co.,                             controlling shareholder of the Bank is Kookmin
          Ltd.                                                                 Bank Co., Ltd.

          Kantor pusat Bank beralamat di Jalan                                 The Bank’s head office is located at Jalan
          M.T. Haryono Kav. 50-51, Jakarta 12770,                              M.T. Haryono Kav. 50-51, Jakarta 12770,
          Indonesia.                                                           Indonesia.

          Pada tanggal 31 Desember 2024 dan 2023,                              As at December 31, 2024 and 2023, the Bank
          Bank memiliki kantor pusat operasi, kantor                           has operations headquarter, branches, sub-
          cabang, kantor cabang pembantu, kantor                               branches, functional office and ATM’s as follow:
          fungsional dan ATM sebagai berikut:

                                                 2024                        2023

          Kantor pusat operasi                            1                           1   Operations headquarter
          Kantor cabang                                  29                          29   Branches
          Kantor cabang pembantu                        141                         143   Sub-branches
          Kantor fungsional                               2                           1   Functional offices
          ATM                                            30                          11   ATM

     b.   Susunan Pengurus Bank                                          b. Composition of the Bank’s Management

          Pada tanggal 31 Desember 2024 dan 2023,                              As at December 31, 2024 and 2023, the Bank
          jumlah karyawan Bank, termasuk karyawan                              has total employees, including non-permanent,
          tidak tetap, masing-masing adalah sebesar                            of 2,898 and 2,618, respectively (unaudited).
          2.898 dan 2.618, (tidak diaudit).

          Personil manajemen kunci mencakup Dewan                              Key management personnel consists of the
          Komisaris, Direksi, dan pejabat eksekutif yaitu                      Board of Commissioners, Directors, and key
          pejabat yang bertanggung jawab langsung                              executives who have direct responsibility to the
          kepada Direksi.                                                      Directors.




                                                          - 10 -
Page 501
PT BANK KB BUKOPIN TBK                                                                           PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                         AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                   Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                              For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                    (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                           otherwise stated)
lain)



1.   Umum (lanjutan)                                                   1.   General (continued)

     b.   Susunan Pengurus Bank (lanjutan)                                  b.   Composition of the Bank’s Management
                                                                                 (continued)

          Susunan Dewan Komisaris dan Direksi Bank                               The members of the Bank’s Board                 of
          pada tanggal 31 Desember 2024 adalah                                   Commissioners    and     Directors as           at
          sebagai berikut:                                                       December 31, 2024, are as follows:
                                                           31 Desember/
                                                         December 31, 2024
          Dewan Komisaris:                                                               Board of Commissioners:
          Komisaris Utama                                   Jerry Marmen                 President Commissioner
          Wakil Komisaris Utama                            Seng Hyup Shin*               Deputy President Commissioner
          Komisaris                                       Nanang Supriyanto              Commissioner
          Komisaris Independen                             Stephen Liestyo               Independent Commissioner
          Komisaris Independen                              Tippy Joesoef                Independent Commissioner
          Komisaris Independen                              Hae Wang Lee                 Independent Commissioner

          Direksi:                                                                       Board of Directors:
          Direktur Utama                                       Woo Yeul Lee              President Director
          Wakil Direktur Utama                                Robby Mondong              Deputy President Director
          Direktur Bisnis Retail & Service                    Helmi Fahrudin             Retail Business & Services Director
          Direktur Kepatuhan dan Risiko                       Dodi Widjajanto            Compliance and Risk Director
          Direktur Keuangan                                    Jang Hyuk Im              Finance Director
          Direktur Kredit                                      Henry Sawali              Credit Director
          Direktur Strategi                                    Jung Ho Han               Strategic Director

          *)   Terhitung efektif sejak ditetapkan oleh Bank                      *)   Shall be effective as stipulation specified by
               setelah memenuhi semua persyaratan yang                                Bank    after     fulfilling all  requirements
               diatur dalam POJK No. 27/POJK.03/2016,                                 governed by POJK No. 27/POJK.03/2016,
               No. 37/POJK.03/2017 dan/atau peraturan                                 No. 37/ POJK.03/2017 and/or other applicable
               perundang-undangan lainnya yang berlaku.                               laws and regulations.

          Susunan Dewan Komisaris dan Direksi Bank                               The members of the Bank’s Board of
          pada tanggal 31 Desember 2024 adalah                                   Commissioners      and     Directors    as     at
          berdasarkan Rapat Umum Pemegang Saham                                  December 31, 2024 is based on Extraordinary
          Luar Biasa tanggal 28 Juni 2024 yang                                   General Meeting of Shareholders            dated
          dituangkan dalam akta notaris No. 116                                  June 28, 2024 as stated in notarial deed No.
          tanggal 12 Juli 2024 dan Surat Keputusan                               116 dated July 12, 2024 and Decree of the
          Dewan      Komisaris    No.    SKEP/162-                               Board of Commissioners No. SKEP/162-
          DKOM/VII/2024 tentang Pembagian Tugas,                                 DKOM/VII/2024 concerning Distribution of
          Tanggung Jawab dan Alternate Direksi                                   Roles, Responsibilities and Alternate the Board
          PT Bank KB Bukopin Tbk.                                                of Directors PT Bank KB Bukopin Tbk.

          Susunan Dewan Komisaris dan Direksi Bank                               The members of the Bank’s Boards of
          pada tanggal 31 Desember 2023 adalah                                   Commissioners and Board of Directors as at
          sebagai berikut:                                                       December 31, 2023, are as follows:
                                                           31 Desember/
                                                         December 31, 2023
          Dewan Komisaris:                                                               Board of Commissioners:
          Komisaris Utama                                   Jerry Marmen                 President Commissioner
          Wakil Komisaris Utama                           Nam Hoon Cho ***)              Deputy President Commissioner
          Komisaris                                       Nanang Supriyatno              Commissioner
          Komisaris Independen                              Tippy Joesoef                Independent Commissioner
          Komisaris Independen                              Hae Wang Lee                 Independent Commissioner
          Komisaris Independen                             Stephen Liestyo               Independent Commissioner
          Komisaris Independen                           Sukriansyah S. Latief           Independent Commissioner
          Komisaris Independen                          Eugene Keith Galbraith           Independent Commissioner




                                                              - 11 -
Page 502
PT BANK KB BUKOPIN TBK                                                                            PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                          AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                    Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                               For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                     (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                            otherwise stated)
lain)



1.   Umum (lanjutan)                                                    1.   General (continued)

     b.   Susunan Pengurus Bank (lanjutan)                                   b.    Composition of the Bank’s Management
                                                                                   (continued)
          Direksi:                                                                          Board of Directors:
          Direktur Utama                                     Woo Yeul Lee                   President Director
          Wakil Direktur Utama                             Robby Mondong                    Deputy President Director
          Direktur Kepatuhan dan Risiko                     Dodi Widjajanto                 Compliance and Risk Director
          Direktur Bisnis Retail & Service                  Helmi Fahrudin                  Retail Business & Services Director
          Direktur Keuangan                               Seng Hyup Shin **)                Finance Director
          Direktur Bisnis UKM & Wholesale                  Yohanes Suhardi                  SME & Wholesale Business Director
          Direktur Kredit                                    Henry Sawali                   Credit Director
          Direktur Teknologi Informasi & Digital          Young Eun Moon *)                 Information Technology & Digital Director
          Direktur Strategi                                 Jung Ho Han *)                  Strategic Director

          *)    Terhitung efektif sejak ditetapkan oleh Bank                       *)    Shall be effective as stipulation specified by
                setelah memenuhi semua persyaratan yang                                  Bank    after     fulfilling all  requirements
                diatur dalam POJK No. 27/POJK.03/2016,                                   governed by POJK No. 27/POJK.03/2016,
                No. 37/POJK.03/2017 dan/atau peraturan                                   No. 37/POJK.03/2017 and/or other applicable
                perundang-undangan lainnya yang berlaku.                                 laws and regulations.

          **)   Bank menerima surat pengunduran diri pada                          **)   The Bank received a letter of resignation on
                tanggal 8 Desember 2023.                                                 December 8, 2023.

          ***) Bank menerima surat pengunduran diri pada                           ***) The Bank received a letter of resignation on
               tanggal 29 Desember 2023.                                                December 29, 2023.

          Susunan Dewan Komisaris dan Direksi Bank                                The composition of the Bank's Board of
          pada tanggal 31 Desember 2023 adalah                                    Commissioners and Board of Directors as of
          berdasarkan Rapat Umum Pemegang Saham                                   December 31, 2023 was based on the
          Luar Biasa tanggal 31 Januari 2023 yang                                 Extraordinary General Meeting of Shareholders
          dituangkan dalam akta notaris No. 77 tanggal                            on January 31, 2023 as set forth in notarial
          31 Januari 2023 dan Surat Keputusan Dewan                               deed No. 77 dated January 31, 2023
          Komisaris    No.    SKEP/002-DKOM/II/2023                               and Decree of the Board of Commissioners
          tentang Pembagian Fungsi Direktorat dalam                               No.     SKEP/002-DKOM/II/2023       concerning
          Struktur Organisasi serta Pembagian Tugas                               Distribution of Directorate Functions in the
          dan Wewenang Anggota Direksi PT Bank KB                                 Organizational Structure and the Distribution of
          Bukopin Tbk.                                                            Duties and Authorities for Members of the
                                                                                  Board of Directors of PT Bank KB Bukopin Tbk.

          Susunan Komite Audit Bank pada tanggal                                  The composition of the Bank’s Audit Committee
          31 Desember 2024 dan 2023, adalah sebagai                               as at December 31, 2024 and 2023, were as
          berikut:                                                                follows:

                                                   2024                                  2023

           Ketua                          Stephen Liestyo                         Stephen Liestyo                  Chairman
           Anggota                         Tippy Joesoef                         Tippy Joesoef **)                 Member
           Anggota                   Dewi Anggesty Sah Bandar                 Eugene Keith Galbraith               Member
           Anggota                   Jacobus Sindu Adisuwono                 Dewi Anggesty Sah Bandar              Member
           Anggota                               -                           Jacobus Sindu Adisuwono               Member

          **)   Terhitung efektif sejak ditetapkan oleh Bank                      **)    Shall be effective as stipulation specified by Bank
                setelah diperolehnya persetujuan Kemampuan                               after obtaining approval for fit and proper by OJK.
                dan Kepatutan (fit and proper) dari Otoritas
                Jasa Keuangan.




                                                               - 12 -
Page 503
PT BANK KB BUKOPIN TBK                                                                             PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                           AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                     Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                      (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                             otherwise stated)
lain)



1.   Umum (lanjutan)                                                     1.   General (continued)

     b.   Susunan Pengurus Bank (lanjutan)                                    b. Composition of the Bank’s Management
                                                                                 (continued)

          Susunan Komite Pemantau Risiko pada                                     The composition of the Bank’s Risk Monitoring
          tanggal 31 Desember 2024 dan 2023, adalah                               Committee as at December 31, 2024 and 2023,
          sebagai berikut:                                                        are as follows:

                                                2024                                       2023

           Ketua                           Tippy Joesoef                          Tippy Joesoef                      Chairman
           Anggota                         Jerry Marmen                          Jerry Marmen *)                     Member
           Anggota                       Seng Hyup Shin *)                      Stephen Liestyo                      Member
           Anggota                        Stephen Liestyo                      Nanang Supriyatno                     Member
           Anggota                      Togar Natigor Siregar                 Togar Natigor Siregar                  Member
           Anggota                      Rahardja Alimhamzah                   Rahardja Alim Hamzah                   Member
           Anngota                       Nanang Supriyatno                              -                            Member

          *)     Terhitung efektif sejak ditetapkan oleh Bank                    *)        Shall be effective as stipulation specified by the
                 setelah memenuhi semua persyaratan yang                                   Bank after fulfilling all requirements governed by
                 diatur dalam POJK No. 27/POJK.03/2016,                                    POJK No. 27/POJK.03/2016, No. 37/POJK.03/
                 No. 37/POJK.03/2017, dan/atau peraturan                                   2017, and/or other applicable laws and
                 perundang-undangan lainnya yang berlaku.                                  regulations.

          Susunan Komite Remunerasi dan Nominasi                                 The composition of the Bank’s Remuneration
          pada tanggal 31 Desember 2024 dan 2023,                                and Nomination Committee as at December 31,
          adalah sebagai berikut:                                                2024 and 2023, are as follows:

                                                2024                                        2023

           Ketua                          Hae Wang Lee                             Hae Wang Lee                         Chairman
           Anggota                        Jerry Marmen                              Jerry Marmen                        Member
           Anggota                      Seng Hyup Shin *)                          Nam Hoon Cho                         Member
           Anggota                        Tippy Joesoef                          Nanang Supriyatno                      Member
           Anggota                      Nanang Supriyatno                           Tippy Joesoef                       Member
           Anggota                     Gamaridha Akhirul A.R                     Sukriansyah S Latief                   Member
           Anngota                              -                               Gamaridha Akhirul A.R                   Member

          *)    Terhitung efektif sejak ditetapkan oleh Bank                          *)   Shall be effective as stipulation specified by the
                setelah memenuhi semua persyaratan yang                                    Bank after fulfilling all requirements governed by
                diatur dalam POJK No. 27/POJK.03/2016,                                     POJK No. 27/POJK.03/2016, No. 37/POJK.
                No. 37/POJK.03/2017 dan/atau peraturan                                     03/2017 and/or other applicable laws and
                perundang-undangan lainnya yang berlaku.                                   regulations.

          Susunan Komite Tata Kelola dan Terintegrasi                             The composition of the Bank’s Integrated
          pada tanggal 31 Desember 2024 dan 2023,                                 governance committee as at December 31,
          adalah sebagai berikut:                                                 2024 and 2023, are as follows:

                                                2024                                        2023

           Ketua                          Stephen Liestyo                      Sukriansyah S. Latief **)                Chairman
           Anggota                         Hae Wang Lee                        Eugene Keith Galbraith                   Member
           Anggota                       Dinan Sufendi Rae                         Hae Wang Lee                         Member
           Anggota                               -                               Dinan Sufendi Rae                      Member

          **)   Terhitung efektif sejak ditetapkan oleh Bank                      **)      Shall be effective as stipulation specified by
                setelah diperolehnya persetujuan Kemampuan                                 Bank after obtaining approval for fit and proper
                dan Kepatutan (fit and proper) dari Otoritas Jasa                          by OJK.
                Keuangan.




                                                                - 13 -
Page 504
PT BANK KB BUKOPIN TBK                                                                              PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                            AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                      Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                 For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                       (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                              otherwise stated)
lain)


1.   Umum (lanjutan)                                                   1.     General (continued)
     b.   Susunan Pengurus Bank (lanjutan)                                     b. Composition          of    the   Bank’s        Management
                                                                                  (continued)

          Berdasarkan     Surat  Keputusan    Direksi                               Based on the Company’s Directors Decision
          Perseroan No. SKEP/131-DIR/XI/2024 tanggal                                Letter   No.   SKEP/131-DIR/XI/2024     dated
          29 November 2024, Sekretaris Perusahaan                                   November 29, 2024, the Corporate Secretary of
          Bank pada tanggal 31 Desember 2024 adalah                                 the Bank as at December 31, 2024 is Ariz Dian
          Ariz Dian Perkasa.                                                        Perkasa.
          Berdasarkan    Surat   Keputusan     Direksi                              Based on the Company’s Directors Decision
          Perseroan No. SKEP/0015-DIR/II/2022 tanggal                               Letter    No. SKEP/0015-DIR/II/2022       dated
          2 Februari 2022, Kepala Satuan Kerja Audit                                February 2, 2022, the Internal Audit Task Force
          Internal  (Kepala    SKAI)  pada    tanggal                               Head (Chief of IATF) as at December 31, 2024
          31 Desember 2024 dan 2023 adalah Roby                                     and 2023 is Roby Endrama Purba.
          Endrama Purba.

     c.   Entitas anak                                                        c. Subsidiaries
          Entitas anak yang tercakup dalam laporan                                  The subsidiaries included in the consolidated
          keuangan konsolidasian tahun yang berakhir                                financial statements for the years ended
          pada tanggal 31 Desember 2024 dan 2023                                    December 31, 2024 and 2023, are as follows:
          adalah:
                                                        Tahun
                                                      Beroperasi
                                       Kegiatan       Komersial/                         Persentase Kepemilikan/        Jumlah Aset/
                                        Usaha/          Year of                          Percetage of Ownership         Total Assets
              Nama Perusahaan/         Business       Commercial            Domisili/
               Company Name             Activity       Operation            Domicile        2024         2023        2024              2023

          PT KB Bukopin Finance         Pembiayaan/
                                          Financing          1983              Jakarta      99.24%       99.24%       667.748           459.661
          PT Bank KB Bukopin Syariah     Perbankan/
                                            Banking          1990              Jakarta      95.92%       95.92%      8.644.906         7.920.474


          PT KB Bukopin Finance (“KBBF”)                                           PT KB Bukopin Finance (“KBBF”)

          PT KB Bukopin Finance (“KBBF”) didirikan                                 PT KB Bukopin Finance (“KBBF”) was
          pada tanggal 11 Maret 1983 berdasarkan akta                              established on March 11, 1983 by notarial deed
          notaris No. 5 dari Notaris Tan A Sioe, S.H., dan                         No. 5 of Notary Tan A Sioe, S.H., and is
          bergerak dalam bidang leasing (perusahaan                                engaged in leasing activities. The Company’s
          pembiayaan). Anggaran dasar Perusahaan                                   Articles of Association have been amended
          telah mengalami beberapa kali perubahan,                                 several times, the last of which was made by
          terakhir dengan Akta Notaris Linsia, S.H.,                               Notarial Deed No. 1092 of Linsia, S.H., M.Kn.,
          M.Kn., No. 1092 tanggal 25 Oktober 2023,                                 dated October 25, 2023, in connection with
          sehubungan dengan peningkatan modal                                      increase in the Company’s issued and paid-up
          ditempatkan dan disetor Perusahaan.                                      capital.

          Rapat Umum Pemegang Saham Luar Biasa                                     The     Extraordinary  General     Meeting     of
          (RUPSLB) menyetujui untuk melakukan                                      Shareholders (EGMS) agreed to change the
          perubahan nama Perseroan dari PT Bukopin                                 name of the Company from PT Bukopin Finance
          Finance menjadi PT KB Bukopin Finance                                    to PT KB Bukopin Finance (“KBBF”) which was
          (“KBBF”) yang dituangkan ke dalam Akta                                   stated in the Deed No. 06 dated June 28, 2021
          No. 06 tanggal 28 Juni 2021 dan telah                                    and has received approval from the Ministry of
          mendapat persetujuan dari Kementerian                                    Law and Human Rights of the Republic of
          Hukum Dan Hak Asasi Manusia RI                                           Indonesia through the decision of the Minister of
          melalui   Keputusan    Menteri    Hukum                                  Law And Human Rights number AHU-
          Dan Hak Asasi Manusia nomor AHU-                                         0041490.AH.01.02.TAHUN 2021.
          0041490.AH.01.02.TAHUN 2021.




                                                              - 14 -
Page 505
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)


1.   Umum (lanjutan)                                             1.     General (continued)

     c.   Entitas anak (lanjutan)                                       c.   Subsidiaries (continued)
          PT KB Bukopin Finance (“KBBF”)                                     PT KB Bukopin Finance (“KBBF”)

          Berdasarkan    akta  No.     1092  tanggal                         Based on deed No. 1092 dated October 25,
          25 Oktober 2023 dari Notaris Linsia, S.H.,                         2023 from Notary Linsia S.H., M.Kn., the
          M.Kn., Perusahaan menambah setoran modal                           Company increased its capital deposit in KBBF
          pada KBBF sebesar 118.580 saham dengan                             by 118,580 shares with a total nominal value of
          nilai    nominal    seluruhnya    sebesar                          Rp592,900,000,000     thus     increasing   the
          Rp592.900.000.000 sehingga meningkatkan                            Company's ownership percentage in KBBF
          persentase kepemilihan perusahaan pada                             from 97.03% to 99.24%.
          KBBF dari 97,03% menjadi 99,24%.

          PT Bank KB Bukopin Syariah (“KBBS”)                                PT Bank KB Bukopin Syariah (“KBBS”)

          PT Bank Persyarikatan Indonesia (“BPI”)                            PT Bank Persyarikatan Indonesia (“BPI”) was
          didirikan pada tanggal 29 Juli 1990                                established on July 29, 1990 by notarial deed
          berdasarkan akta notaris No. 102 dari Notaris                      No. 102 of Notary Dr. Widjojo Wilami, S.H., and
          Dr. Widjojo Wilami, S.H., yang bergerak dalam                      is engaged in Banking activities. Based on
          bidang perbankan. Berdasarkan akta notaris                         notarial deed No. 28 of Notary Adrian Djunaini,
          No. 28 dari Notaris Adrian Djunaini, S.H.,                         S.H., dated March 31, 2008, BPI has changed
          tanggal 31 Maret 2008, BPI telah berubah                           its name to PT Bank Syariah Bukopin (“BSB”).
          nama menjadi PT Bank Syariah Bukopin                               The status of BSB changed from Conventional
          (“BSB”). Status BSB berubah dari Bank                              Bank to Sharia Bank as stated in Bank
          Konvensional     menjadi      Bank    Syariah                      Indonesia (BI) decision letter No. 10/69/
          sebagaimana dinyatakan dalam persetujuan                           KEP.GBI/DpG/2008 dated October 27, 2008.
          Bank Indonesia (BI) No. 10/69/KEP.GBI/
          DpG/2008 tanggal 27 Oktober 2008.

          Pada tanggal 30 Juni 2021 Rapat Umum                    v.         On the June 30, 2021 Extraordinary General
          Pemegang Saham Luar Biasa (RUPSLB)                                 Meeting Shareholders (EGMS) agreed to
          menyetujui untuk melakukan perubahan nama                          change the company name from BSB into
          Perseroan dari BSB menjadi PT Bank KB                              PT Bank KB Bukopin Syariah (“KBBS“) which
          Bukopin Syariah (“KBBS”) yang dituangkan ke                        set forth into the Deed No. 02 dated July 6,
          dalam Akta No. 02 tanggal 6 Juli 2021 dan telah                    2021 and has been approved for keeping the
          mendapat persetujuan Penetapan Penggunaan                          use of Bank License under new name from
          Izin Usaha Bank dengan Nama Baru                                   Authority     Financial   Services    based
           dari Otoritas Jasa Keuangan berdasarkan surat                     on SR-27/PB.101/2021 dated August 12, 2021
          nomor SR-27/PB.101/2021 tanggal 12 Agustus                         and KEP-53/PB.1/2021 dated August 10, 2021.
          2021      dan     KEP-53/PB.1/2021      tanggal
          10 Agustus 2021.

          Berdasarkan akta No. 04 tanggal 16 Oktober              vi.        Based on deed No. 04 dated October 16, 2023
          2023 dari Notaris Hasnah, S.H., Modal Dasar                        from Notary Hasnah, S.H., the current
          yang    dimiliki KBBS     saat   ini   adalah                      authorized      capital   of      KBBS       is
          Rp3.000.000.000.000    yang    terbagi   atas                      Rp3,000,000,000,000         divided        into
          56.690.737.000 saham dan terdiri dari saham                        56,690,737,000 shares and consists of Series
          Seri A, Seri B, dan Seri C. Terdapat                               A, Series B, and Series C shares. There is an
          penambahan kepemilikan Perusahaan pada                             increase in the Company's ownership in Series
          Seri C Sebesar 13.600.000.000 saham dengan                         C of 13,600,000,000 shares with a total nominal
          nilai    nominal     seluruhnya      sebesar                       value of Rp638,000,000,000. This affected the
          Rp638.000.000.000. Hal ini memengaruhi                             Company's ownership percentage in KBBS from
          persentase kepemilikan Perusahaan pada                             92.78% to 95.92%.
          KBBS dari 92,78% menjadi 95,92%.




                                                        - 15 -
Page 506
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


1.   Umum (lanjutan)                                             1.   General (continued)

     d.   Penawaran umum obligasi dan penawaran                       d.   Public offering of the Bank’s bonds and
          umum saham Bank                                                  shares

          Penawaran umum obligasi                                          Public offering of bonds

          Pada tanggal 21 April 2015, Bank telah                           On April 21, 2015, the Bank submitted a
          menyampaikan       Pernyataan     Pendaftaran                    Statement of Registration in connection with the
          sehubungan dengan Penawaran Umum                                 Shelf Public Offering of Shelf-registered
          Berkelanjutan       Obligasi      Subordinasi                    Subordinated Bonds II Bank KB Bukopin
          Berkelanjutan II Bank Bukopin Tahap I Tahun                      Tranche I Year 2015 (Shelf Public Offering)
          2015 (Penawaran Umum Berkelanjutan)                              through letter No. 05630/DIR/IV/2015 to
          kepada Otoritas Jasa Keuangan (“OJK”) melalui                    Financial Services Authority (“OJK”) in relation
          surat No. 05630/DIR/IV/2015 dalam rangka                         with the Shelf Public Offering of Shelf-registered
          Penawaran Umum Berkelanjutan Obligasi                            Subordinated Bonds II Bank KB Bukopin
          Subordinasi Berkelanjutan II Bank KB Bukopin                     amounting to Rp2,000,000, whereby at first
          dengan jumlah sebesar Rp2.000.000, dimana                        tranche the Bank issued and offered the Shelf-
          pada tahap pertama Bank menerbitkan dan                          registered Subordinated Bonds II Bank KB
          menawarkan         Obligasi       Subordinasi                    Bukopin Tranche I Year 2015 (Subordinated
          Berkelanjutan II Bank KB Bukopin Tahap I                         Bonds) amounted to Rp400,000.
          Tahun 2015 (Obligasi Subordinasi) dengan
          jumlah pokok sebesar Rp400.000.

          Obligasi Subordinasi tersebut diterbitkan tanpa                  The Subordinated Bonds issued were scripless,
          warkat, ditawarkan dengan nilai 100% dari nilai                  offered at 100% of nominal value, with 7
          nominal, berjangka waktu 7 (tujuh) tahun                         (seven) years tenor and fixed interest rate of
          dengan tingkat bunga tetap sebesar 12,00%                        12.00% per annum and will be paid quarterly
          per tahun dan dibayarkan setiap triwulan dan                     and mature on June 30, 2022.
          akan jatuh tempo pada tanggal 30 Juni 2022.

          Bank memperoleh pernyataan efektif dari OJK                      The Bank received the effective statement from
          untuk     melakukan     Penawaran       Umum                     OJK to conduct Shelf Public Offering through its
          Berkelanjutan melalui suratnya No. S-26/D.04/                    letter No. S-26/D.04/2015 dated June 23, 2015.
          2015 tanggal 23 Juni 2015 dilaksanakan pada                      The Shelf Public Offering was held on
          24 - 25 Juni 2015. Dana Berkelanjutan ini telah                  June 24 - 25, 2015. The proceeds from the
          diterima oleh Bank pada 30 Juni 2015 yang                        Shelf Public Offering were received by the Bank
          diperoleh dari Penawaran Umum Juni 2015.                         on June 30, 2015 from Public Offering in June
                                                                           2015.

          Pada    11    Januari    2017,   Bank    telah                   On January 11, 2017, the Bank submitted a
          menyampaikan      Pernyataan      Pendaftaran                    Statement of Registration in connection with the
          sehubungan dengan Penawaran Umum                                 Shelf Public Offering of Shelf-registered
          Berkelanjutan      Obligasi        Subordinasi                   Subordinated Bonds II Bank KB Bukopin
          Berkelanjutan II Bank KB Bukopin Tahap II                        Tranche II Year 2017 (Shelf Public Offering)
          Tahun 2017 (Penawaran Umum Berkelanjutan)                        through letter No. 00455/DIR/I/2017 to Financial
          kepada      OJK       melalui    surat     No.                   Services Authority (“OJK”), in relation with the
          00455/DIR/I/2017 dalam rangka Penawaran                          Shelf Public Offering of Shelf-registered
          Umum Berkelanjutan Obligasi Subordinasi                          Subordinated Bonds II Bank KB Bukopin
          Berkelanjutan II Bank KB Bukopin dengan                          amounting to Rp2,000,000, whereby at second
          jumlah sebesar Rp2.000.000, dimana pada                          tranche the Bank issued and offered the Shelf-
          tahap    kedua    Bank      menerbitkan   dan                    registered Subordinated Bonds II Bank KB
          menawarkan         Obligasi        Subordinasi                   Bukopin Tranche II Year 2017 (Subordinated
          Berkelanjutan II Bank KB Bukopin Tahap II                        Bonds) amounted to Rp1,405,000.
          Tahun 2017 (Obligasi Subordinasi) dengan
          jumlah pokok sebesar Rp1.405.000.




                                                        - 16 -
Page 507
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


1.   Umum (lanjutan)                                             1.   General (continued)

     d.   Penawaran umum obligasi dan penawaran                       d.   Public offering of the Bank’s bonds and
          umum saham Bank (lanjutan)                                       shares (continued)

          Penawaran umum obligasi (lanjutan)                               Public offering of bonds (continued)

          Obligasi Subordinasi tersebut diterbitkan tanpa                  The Subordinated Bonds issued were scripless,
          warkat, ditawarkan dengan nilai 100% dari nilai                  offered at 100% of nominal value, with 7
          nominal, berjangka waktu 7 (tujuh) tahun                         (seven) years tenor and fixed interest rate of
          dengan tingkat bunga tetap sebesar 11,00%                        11.00% per annum and will be paid quarterly
          per tahun dan dibayarkan setiap triwulan dan                     and mature on February 28, 2024. The Bank
          akan jatuh tempo pada tanggal 28 Februari                        received the effective statement from OJK to
          2024. Bank memperoleh pernyataan efektif dari                    conduct Shelf Public Offering through
          OJK untuk melakukan Penawaran Umum                               its letter No. S-161/PB.313/2016 dated
          Berkelanjutan melalui suratnya No. S-161/                        December 23, 2016. The Shelf Public Offering
          PB.313/2016 tanggal 23 Desember 2016.                            was held on February 20 - 23, 2017. The
          Penawaran Umum Berkelanjutan dilaksanakan                        proceeds from the Shelf Public Offering were
          pada tanggal 20 - 23 Februari 2017. Dana yang                    received by the Bank on February 28, 2017.
          diperoleh dari Penawaran Umum Berkelanjutan
          ini telah diterima oleh Bank pada tanggal 28
          Februari 2017.

          Pada 10 September 2021, Bank telah                               On September 10, 2021, the Bank submitted a
          menyampaikan       Pernyataan      Pendaftaran                   Statement of Registration in connection with the
          sehubungan dengan Penawaran Umum                                 Shelf Public Offering of Shelf-registered
          Berkelanjutan Obligasi Berkelanjutan I Bank KB                   Subordinated Bonds I Bank KB Bukopin
          Bukopin Tahap I Tahun 2021 (Penawaran                            Tranche I Year 2021 (Shelf Public Offering)
          Umum Berkelanjutan) kepada OJK melalui                           through letter No. 08550/DIR/V/2021 to
          surat No. 08550/DIR/V/2021 dalam rangka                          Financial Services Authority (“OJK”), in relation
          Penawaran Umum Berkelanjutan Obligasi                            with the Shelf Public Offering of Shelf-
          Subordinasi Berkelanjutan I Bank KB Bukopin                      registered Subordinated Bonds I Bank KB
          dengan jumlah sebesar Rp1.000.000, dimana                        Bukopin amounting to Rp1,000,000, whereby at
          pada tahap pertama Bank menerbitkan dan                          first tranche the Bank issued and offered the
          menawarkan         Obligasi        Subordinasi                   Shelf-registered Subordinated Bonds I Bank KB
          Berkelanjutan I Bank KB Bukopin Tahap I                          Bukopin Tranche I Year 2021 (Subordinated
          Tahun 2021 (Obligasi Subordinasi) dengan                         Bonds) amounted to Rp1,000,000.
          jumlah pokok sebesar Rp1.000.000.

          Pada 10 September 2021, Bank telah                               On September 10, 2021, the Bank submitted a
          menyampaikan       Pernyataan      Pendaftaran                   Statement of Registration in connection with the
          sehubungan dengan Penawaran Umum                                 Shelf Public Offering of Shelf-registered
          Berkelanjutan       Obligasi       Subordinasi                   Subordinated Bonds III Bank KB Bukopin
          Berkelanjutan III Bank KB Bukopin Tahap I                        Tranche I Year 2021 serie A and serie B (Shelf
          Tahun 2021 seri A dan seri B (Penawaran                          Public Offering) through letter No. 08550/
          Umum Berkelanjutan) kepada OJK melalui                           DIR/V/2017 to Financial Services Authority
          surat No. 08550/DIR/V/2017 dalam rangka                          (“OJK”), in relation with the Shelf Public
          Penawaran Umum Berkelanjutan Obligasi                            Offering of Shelf-registered Subordinated
          Subordinasi Berkelanjutan III Bank KB Bukopin                    Bonds III Bank KB Bukopin amounting to
          dengan     jumlah   masing-masing       sebesar                  Rp315,000 and Rp685,000 respectively,
          Rp315.000 dan Rp685.000, dimana pada tahap                       whereby at third tranche the Bank issued and
          ketiga Bank menerbitkan dan menawarkan                           offered the Shelf-registered Subordinated
          Obligasi Subordinasi Berkelanjutan III Bank KB                   Bonds III Bank KB Bukopin Tranche I Year
          Bukopin Tahap I Tahun 2021 seri A (Obligasi                      2021 serie A (Subordinated Bonds ISIN No.
          Subordinasi No. ISIN IDA0001176A9) dan                           IDA0001176A9)        and        Shelf-registered
          Obligasi Subordinasi Berkelanjutan III Bank KB                   Subordinated Bonds III Bank KB Bukopin
          Bukopin Tahap I Tahun 2021 seri B (Obligasi                      Tranche I Year 2021 series B (Subordinated
          Subordinasi No. ISIN IDA0001176B7) dengan                        Bonds ISIN No. IDA0001176B7) amounted to
          jumlah    pokok     masing-masing       sebesar                  Rp315,000 and Rp685,000, respectively.
          Rp315.000 dan Rp685.000.




                                                        - 17 -
Page 508
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)



1.   Umum (lanjutan)                                            1.   General (continued)

     d.   Penawaran umum obligasi dan penawaran                      d.   Public offering of the Bank’s bonds and
          umum saham Bank (lanjutan)                                      shares (continued)

          Penawaran umum obligasi (lanjutan)                              Public offering of bonds (continued)

          Pada 14 Oktober 2024, Bank menerbitkan                          On October 14, 2024, the Bank issued Global
          Obligasi Global PT Bank KB Bukopin Tbk,                         Bond PT Bank KB Bukopin Tbk, a Senior
          Obligasi Senior Tanpa Jaminan. Jumlah                           Unsecured Bond. The Bond amounts to
          obligasi sebesar USD300.000.000 (angka                          USD 300,000,000 (full amount) (Rp4,828,500)
          penuh) (Rp4.828.500) dengan jangka waktu 3                      with a tenor of 3 years with a coupon rate of
          tahun dengan tingkat bunga 5,658% per tahun                     5.658% per annum, maturing on October 30,
          dan akan jatuh tempo pada 30 Oktober 2027.                      2027. The issuance is intended for refinancing
          Penerbitan ini dimaksudkan untuk membiayai                      existing short-term debt and other general
          kembali utang jangka pendek yang ada dan                        corporate purposes. The bond has been
          tujuan umum perusahaan lainnya. Surat Utang                     assigned     the    security    code     ISIN:
          ini telah diberi kode keamanan ISIN:                            XS2904540692 and is listed on the Singapore
          XS2904540692 dan tercatat di Bursa Efek                         Exchange (SGX-ST).
          Singapura (SGX-ST).

          Penawaran umum saham                                            Public offering of shares

          Pada bulan Juni 2006, Bank melakukan                            In June 2006, the Bank undertook an Initial
          Penawaran Umum Saham Perdana sejumlah                           Public Offering of Shares of 843,765,500 Series
          843.765.500 lembar saham Seri B dengan nilai                    B shares with a par value of Rp100 (full
          nominal Rp100 (nilai penuh) per saham dengan                    amount) per share and offering price of Rp350
          harga jual Rp350 (nilai penuh) per saham                        (full amount) per share to the public, through
          kepada masyarakat, melalui pasar modal di                       the capital market in Indonesia, in accordance
          Indonesia sesuai dengan ketentuan perundang-                    with the prevailing capital market law. The Bank
          undangan yang berlaku. Penawaran Umum                           received the effectivity statement from
          Saham Perdana saham Seri B kepada                               the     BAPEPAM-LK         through     its  letter
          masyarakat ini telah memperoleh pernyataan                      No. S-825/BL/2006 dated June 30, 2006 for the
          efektif dari BAPEPAM-LK melalui suratnya                        sale of Series B shares to the public.
          No. S-825/BL/2006 tanggal 30 Juni 2006.

          Saham yang ditawarkan tersebut mulai                            The Initial Public Offering (IPO) shares were
          diperdagangkan di Bursa Efek Indonesia pada                     onotially traded on the Indonesia Stock
          tanggal 10 Juli 2006 dan pada saat yang                         Exchange on July 10, 2006 and at the same
          bersamaan sebanyak 99% saham Bank juga                          time, 99% of the Bank’s shares were listed. All
          dicatatkan. Seluruh saham kelas A sebesar                       Series A shares amounting to 0.31% and
          0,31% dan saham kelas B sebesar 0,69% yang                      Series B shares amounting to 0.69% which
          dimiliki oleh Kopelindo dan Kopkapindo masing-                  were owned by Kopelindo and Kopkapindo
          masing secara proporsional tidak dicatatkan                     proportionally, were not listed to comply with
          dalam rangka memenuhi ketentuan peraturan                       the government regulation.
          pemerintah.

          Pada tanggal 26 Oktober 2009, Bank telah                        On October 26, 2009, the Bank submitted a
          menyampaikan      Pernyataan   Pendaftaran                      Statement of Registration regarding Limited
          sehubungan dengan Penawaran Umum                                Public Offering I through letter No. 7548/
          Terbatas I kepada BAPEPAM-LK melalui surat                      DIR/X/2009 to BAPEPAM-LK, in relation with
          No. 7548/DIR/X/2009 dalam rangka penerbitan                     the issuance of pre-emptive rights to the
          Hak Memesan Efek Terlebih Dahulu (HMETD)                        shareholders (Note 27b). Total shares offered
          kepada pemegang saham (Catatan 27b).                            were 286,050,768 common B shares (“New
          Saham yang ditawarkan adalah sebanyak                           Shares”) with a par value of Rp100 (full
          286.050.768 saham biasa kelas B baru                            amount) per share and offering price of Rp415
          (“Saham Baru”) dengan nilai nominal Rp100                       (full amount) per share. The Bank received the
          (nilai penuh) per saham dengan harga                            effectivity statement from BAPEPAM-LK to
          penawaran Rp415 (nilai penuh) per saham.                        conduct Limited Public Offering I through
          Bank memperoleh pernyataan efektif dari                         its    letter  No.   S-10319/BL/2009     dated
          BAPEPAM-LK untuk melakukan Penawaran                            November 26, 2009.
          Umum Terbatas I melalui suratnya No. S-
          10319/BL/2009 tanggal 26 November 2009.


                                                       - 18 -
Page 509
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


1.   Umum (lanjutan)                                           1.   General (continued)

     d.   Penawaran umum obligasi dan penawaran                     d.   Public offering of the Bank’s bonds and
          umum saham Bank (lanjutan)                                     shares (continued)
          Penawaran umum saham (lanjutan)                                Public offering of shares (continued)
          Pada tanggal 26 November 2009, Bank                            On November 26, 2009, the Bank held an
          melakukan Rapat Umum Pemegang Saham                            Extraordinary General Meeting of Shareholders
          Luar Biasa untuk menyetujui pelaksanaan                        to approve the execution of the Limited Public
          Penawaran Umum Terbatas I dalam rangka                         Offering I with pre-emptive rights.
          penerbitan HMETD.

          Penawaran Umum Terbatas I dilaksanakan                         The Limited Public Offering I was held on
          pada tanggal 4 - 10 Desember 2009. Jumlah                      December 4 - 10, 2009. The total proceeds
          dana yang diperoleh dari hasil Penawaran                       from Limited Public Offering I amounting to
          Umum Terbatas I adalah sebesar Rp118.711                       Rp118,711 (for 286,050,768 common B
          (untuk 286.050.768 saham biasa kelas B),                       shares), of which Rp62,955 (for 151,699,698
          dimana sebesar Rp62.955 (untuk 151.699.698                     common B shares) was raised from the public
          saham biasa kelas B) diperoleh dari                            and Rp55,756 (for 134,351,070 common B
          masyarakat      dan      sebesar    Rp55.756                   shares) was raised from Koperasi Pegawai
          (untuk 134.351.070 saham biasa kelas B)                        Bulog Seluruh Indonesia (Kopelindo) and
          diperoleh dari Koperasi Pegawai Bulog Seluruh                  Yayasan Bina Sejahtera Warga (Yabinstra)
          Indonesia (Kopelindo) dan Yayasan Bina                         Bulog, who acted as the standby buyers with
          Sejahtera Warga (Yabinstra) Bulog yang                         proportional share of 89.83% and 10.17%,
          bertindak sebagai pembeli siaga (standby                       respectively.
          buyer) dengan proporsi masing-masing sebesar
          89,83% dan 10,17%.

          Dana yang diperoleh dari Penawaran Umum                        The proceeds from the Limited Public Offering I
          Terbatas I ini telah diterima oleh Bank pada                   were received by the Bank in December 2009.
          bulan Desember 2009.

          Pada tanggal 20 Desember 2010, Bank telah                      On December 20, 2010, the Bank submitted a
          menyampaikan       Pernyataan    Pendaftaran                   Statement of Registration regarding Limited
          sehubungan dengan Penawaran Umum                               Public Offering II through letter No. 11754/
          Terbatas II kepada BAPEPAM-LK melalui surat                    DIR/XII/2010 to BAPEPAM-LK, in relation with
          No.    11754/DIR/XII/2010    dalam   rangka                    the issuance of pre-emptive rights to the
          penerbitan Hak Memesan Efek Terlebih Dahulu                    shareholders (Note 27b).
          (HMETD) kepada pemegang saham (Catatan
          27b).

          Saham yang ditawarkan adalah sebanyak                          Total shares offered were 2,051,366,765
          2.051.366.765 saham biasa kelas B baru                         common B shares (“New Shares”) with a par
          (“Saham Baru”) dengan nilai nominal Rp100                      value of Rp100 (full amount) per share and
          (nilai penuh) per saham dengan harga                           offering price of Rp520 (full amount) per share.
          penawaran Rp520 (nilai penuh) per saham.                       The Bank received the effectivity statement
          Bank memperoleh pernyataan efektif dari                        from BAPEPAM-LK to conduct Limited Public
          BAPEPAM-LK untuk melakukan Penawaran                           Offering II through its letter No. S-771/BL/2011
          Umum      Terbatas  II  melalui   suratnya                     dated January 26, 2011. On January 26, 2011,
          No. S-771/BL/2011 tanggal 26 Januari 2011.                     the Bank held an Extraordinary General
          Pada tanggal 26 Januari 2011, Bank                             Meeting of Shareholders to approve the
          melakukan Rapat Umum Pemegang Saham                            execution of the Limited Public Offering II with
          Luar Biasa untuk menyetujui pelaksanaan                        pre-emptive rights.
          Penawaran Umum Terbatas II dalam rangka
          penerbitan HMETD.




                                                      - 19 -
Page 510
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)



1.   Umum (lanjutan)                                              1.   General (continued)

     d.   Penawaran umum obligasi dan penawaran                        d.   Public offering of the Bank’s bonds and
          umum saham Bank (lanjutan)                                        shares (continued)

          Penawaran umum saham (lanjutan)                                   Public offering of shares (continued)

          Penawaran Umum Terbatas II dilaksanakan                           The Limited Public Offering II was held on
          pada tanggal 10 - 17 Februari 2011. Jumlah                        February 10 - 17, 2011. The total proceeds
          dana yang diperoleh dari hasil Penawaran                          from Limited Public Offering II amounted to
          Umum Terbatas II adalah sebesar Rp929.739                         Rp929,739 (for 1,787,960,495 common B
          (untuk 1.787.960.495 saham biasa kelas B),                        shares), of which Rp921,098 (for 1,771,342,921
          dimana     sebesar     Rp921.098        (untuk                    common B shares) was raised from the public
          1.771.342.921 saham biasa kelas B) diperoleh                      and Rp8,641 (for 16,617,574 common B
          dari masyarakat dan sebesar Rp8.641 (untuk                        shares) was raised from Koperasi Karyawan
          16.617.574 saham biasa kelas B) diperoleh dari                    Bank KB Bukopin Jakarta (KKBJ) and Induk
          Koperasi Karyawan Bank KB Bukopin Jakarta                         Koperasi Perikanan Indonesia (IKPI). The
          (KKBJ) dan Induk Koperasi Perikanan                               proceeds from the Limited Public Offering II
          Indonesia (IKPI). Dana yang diperoleh dari                        were received by the Bank in February 2011.
          Penawaran Umum Terbatas II ini telah diterima
          oleh Bank pada bulan Februari 2011.

          Pada tanggal 28 Oktober 2013, Bank telah                          On October 28, 2013, the Bank submitted a
          menyampaikan      Pernyataan     Pendaftaran                      Statement of Registration regarding Limited
          sehubungan dengan Penawaran Umum                                  Public Offering III through letter No.
          Terbatas III kepada Otoritas Jasa Keuangan                        13308/DIR/X/2013 to the Financial Services
          melalui surat No. 13308/DIR/X/2013 dalam                          Authority, in relation with the issuance of pre-
          rangka penerbitan Hak Memesan Efek Terlebih                       emptive rights to the shareholders.
          Dahulu (HMETD) kepada pemegang saham.

          Saham yang ditawarkan adalah sebanyak-                            Total shares offered were 2,659,505,614
          banyaknya 2.659.505.614 saham biasa kelas B                       common B shares (“New Shares”) with a par
          baru (“Saham Baru”) dengan nilai nominal                          value of Rp100 (full amount) per share and
          Rp100 (nilai penuh) per saham dengan harga                        offering price of Rp660 (full amount) per share.
          penawaran Rp660 (nilai penuh) per saham.                          The Bank received the effectivity statement
          Bank memperoleh pernyataan efektif dari                           from the Financial Services Authority to conduct
          Otoritas Jasa Keuangan untuk melakukan                            Limited Public Offering III through its
          Penawaran Umum Terbatas III melalui surat                         letter      No.     S-424/D.04/2013        dated
          No. S-424/D.04/2013 tanggal 12 Desember                           December 12, 2013. On December 11 - 13,
          2013. Pada 11 - 13 Desember 2013, Bank                            2013, the Bank held an Extraordinary General
          melakukan Rapat Umum Pemegang Saham                               Meeting of Shareholders to approve the
          Luar Biasa untuk menyetujui pelaksanaan                           execution of the Limited Public Offering III with
          Penawaran Umum Terbatas III dalam rangka                          pre-emptive rights.
          penerbitan HMETD.

          Penawaran Umum Terbatas III dilaksanakan                          The Limited Public Offering III was held on
          pada tanggal 30 Desember 2013 sampai                              December 30, 2013 to January 7, 2014. The
          7 Januari 2014. Jumlah dana yang diperoleh                        total proceeds from Limited Public Offering III
          dari hasil Penawaran Umum Terbatas III                            amounted to Rp730,126 (for 1,106,252,141
          sebesar Rp730.126 (untuk 1.106.252.141                            common B shares), of which Rp9,291 (for
          saham biasa kelas B), dari nilai tersebut                         14,076,556 common B shares) was raised from
          sebesar Rp9.291 (untuk 14.076.556 saham                           the public, Rp343,410 (for 520,319,150
          biasa kelas B) diperoleh dari masyarakat,                         common B shares) was raised from Koperasi
          sebesar Rp343.410 (untuk 520.319.150 saham                        Pegawai Bulog Seluruh Indonesia (Kopelindo)
          biasa kelas B) diperoleh dari Koperasi Pegawai                    and Rp377,425 (for 571,856,435 common B
          Bulog Seluruh Indonesia (Kopelindo) dan                           shares) was raised from PT Bosowa
          sebesar Rp377.425 (untuk 571.856.435 saham                        Corporindo. The proceeds from the Limited
          biasa kelas B) dari PT Bosowa Corporindo.                         Public Offering III received by the Bank until
          Dana yang diperoleh dari Penawaran Umum                           December 31, 2013 amounted to Rp587,490
          Terbatas III ini telah diterima oleh Bank hingga                  and until January 9, 2014 amounted to
          tanggal 31 Desember 2013 sebesar Rp587.490                        Rp730,126.
          dan hingga tanggal 9 Januari 2014 sebesar
          Rp730.126.


                                                         - 20 -
Page 511
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


1.   Umum (lanjutan)                                             1.   General (continued)

     d.   Penawaran umum obligasi dan penawaran                       d.   Public offering of the Bank’s bonds and
          umum saham Bank (lanjutan)                                       shares (continued)

          Penawaran umum saham (lanjutan)                                  Public offering of shares (continued)

          Pada tanggal 22 Mei 2018, Bank melakukan                         On May 22, 2018, the Bank held an
          Rapat Umum Pemegang Saham Tahunan                                Extraordinary General Meeting of Shareholders
          untuk menyetujui pelaksanaan Penawaran                           to approve the execution of the Limited Public
          Umum Terbatas IV dalam rangka penerbitan                         Offering IV with pre-emptive rights. The Bank
          HMETD. Bank memperoleh pernyataan efektif                        received the effectivity statement from the
          dari    Otoritas   Jasa   Keuangan      untuk                    Financial Services Authority to conduct
          melakukan Penawaran Umum Terbatas IV                             Limited Public Offering IV through its letter
          melalui surat No. S-92/D.04/2018 tanggal                         No. S-92/D.04/2018 dated June 29, 2018. On
          29 Juni 2018. Pada tanggal 2 Juli 2018, Bank                     July 2, 2018, the Bank submitted a Statement
          telah menyampaikan Pernyataan Pendaftaran                        of Registration regarding Limited Public
          sehubungan dengan Penawaran Umum                                 Offering IV through letter No. 10400/SKPR/
          Terbatas IV kepada Otoritas Jasa Keuangan                        X/2018 to The Financial Services Authority, in
          melalui surat No. 10400/SKPR/ X/2018 dalam                       relation with the issuance of pre-emptive rights
          rangka Penyampaian penerbitan Saham                              to the shareholders.
          melalui Hak Memesan Efek Terlebih Dahulu
          (HMETD) kepada pemegang saham.

          Saham yang ditawarkan adalah sebanyak-                           Total shares offered were 2,725,986,130
          banyaknya 2.725.986.130 saham biasa kelas B                      common B shares (“New Shares”) with a par
          baru (“Saham Baru”) dengan nilai nominal                         value of Rp100 (full amount) per share and
          Rp100 (nilai penuh) per saham dengan harga                       offering price of Rp570 (full amount) per share.
          penawaran Rp570 (nilai penuh) per saham.

          Penawaran Umum Terbatas (PUT) IV                                 The Limited Public Offering (LPO) IV was held
          dilaksanakan pada tanggal 13 Juli 2018 -                         on July 13, 2018 to July 25, 2018. Until
          25 Juli 2018. Hingga tanggal 27 Juli 2018, Bank                  July 27, 2018, the Bank has received proceed
          telah menerima dana dari PUT IV sebesar                          from LPO IV amounting to Rp1,462,214, consist
          Rp1.462.214 yaitu dari Kookmin Bank sebesar                      of Kookmin Bank amounting to Rp1,460,910
          Rp1.460.910 dan dari Publik sebesar Rp1.304.                     and from Public of Rp1,304. Based on letter
          Berdasarkan surat dari PT Datindo Entrycom                       from PT Datindo Entrycom regarding the
          mengenai komposisi pemegang saham pada                           composition of shareholders as at July 30,
          tanggal 30 Juli 2018, dana dari Kookmin Bank                     2018, the proceed from Kookmin Bank has
          telah dicatatkan sebagai peningkatan modal                       been registered as increase in paid-up capital
          disetor sebesar 2.565.288.316 saham biasa                        amounting to 2,565,288,316 common B shares.
          kelas B.

          Pada tanggal 29 Juni 2020 Bank telah                             On June 29, 2020 Bank submitted a Statement
          menyampaikan       Pernyataan    Pendaftaran                     of Registration regarding Limited Public
          sehubungan dengan Penawaran Umum                                 Offering (LPO) V to The Financial Services
          Terbatas (PUT) V kepada Otoritas Jasa                            Authority (FSA) through Sprint OJK. LPO V will
          Keuangan (OJK) melalui aplikasi Sprint OJK.                      issue 4,660,763,499 common B shares (“New
          PUT V akan menerbitkan 4.660.763.499 lembar                      Shares”) with a par value of Rp100 (full
          saham biasa kelas B baru (“Saham Baru”)                          amount) per share and offering price of Rp180
          dengan nilai nominal Rp100 (nilai penuh) per                     (full amount) per share.
          saham dan nilai penawaran Rp180 (nilai penuh)
          per saham.

          Pada tanggal 2 September 2020 Bank telah                         On September 2, 2020, the Bank held Pre-
          melakukan Penambahan Modal Tanpa Hak                             emptive Rights (PMTHMETD) and issued
          Memesan Efek Terlebih Dahulu (PMTHMETD)                          16,360,578,947 new shares (sixteen billion
          dan menerbitkan saham baru sebanyak                              three hundred sixty million five hundred seventy
          16.360.578.947 (enam belas miliar tiga ratus                     eight thousand nine hundred and forty seven)
          enam puluh juta lima ratus tujuh puluh delapan                   class B shares with a nominal value of Rp100
          ribu sembilan ratus empat puluh tujuh) saham                     (full amount) per share subscribed by
          kelas B dengan nilai nominal Rp100 (nilai                        KB Kookmin Bank Co., Ltd.
          penuh) per saham yang diambil bagian oleh KB
          Kookmin Bank Co., Ltd.


                                                        - 21 -
Page 512
PT BANK KB BUKOPIN TBK                                                                              PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                            AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                      Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                 For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                       (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                              otherwise stated)
lain)



1.   Umum (lanjutan)                                                      1.   General (continued)

     d.   Penawaran umum obligasi dan penawaran                                d.   Public offering of the Bank’s bonds and
          umum saham Bank (lanjutan)                                                shares (continued)

          Penawaran umum saham (lanjutan)                                           Public offering of shares (continued)

          Pada tanggal 8 November 2021 Bank telah                                   On November 8, 2021, the Bank has obtained
          mendapatkan Pernyataan Efektif sehubungan                                 an Effective Statement related to the Limited
          dengan Penawaran Umum Terbatas (PUT) VI                                   Public Offering (PUT) VI from the Financial
          dari Otoritas Jasa Keuangan (OJK). PUT VI                                 Services Authority (OJK). PUT VI itself has
          sendiri telah menerbitkan 35.214.288.984                                  issued 35,214,288,984 new class B ordinary
          lembar saham biasa kelas B baru (“Saham                                   shares (“New Shares”) with a nominal value of
          Baru”) dengan nominal Rp100 (nilai penuh) per                             Rp100 (full amount) per share.
          saham.

          Pada tanggal 9 Juni 2023 Bank telah                                       On June 9, 2023, the Bank has obtained an
          mendapatkan Pernyataan Efektif sehubungan                                 Effective Statement related to the Limited
          dengan Penawaran Umum Terbatas (PUT) VII                                  Public Offering (PUT) VI from the Financial
          dari Otoritas Jasa Keuangan (OJK). PUT VI                                 Services Authority (OJK). PUT VI itself has
          sendiri telah menerbitkan 119.999.999.692                                 issued 119,999,999,692 new class B ordinary
          lembar saham biasa kelas B baru (“Saham                                   shares (“New Shares”) with a nominal value of
          Baru”) dengan nominal Rp100 (nilai penuh) per                             Rp100 (full amount) per share.
          saham.

          Tindakan Bank yang memengaruhi modal                                      The Bank’s action which affects issued and fully
          ditempatkan dan disetor penuh dalam                                       paid capital in common B shares from Initial
          saham biasa kelas B sejak Penawaran                                       Public Offering of shares up to December 31,
          Umum Saham Perdana sampai dengan                                          2024 are as follows:
          31 Desember 2024 adalah sebagai berikut:

                                                                                                                   Jumlah Saham
                                                                                                                  Ditempatkan dan
                                                                                                                   Disetor Penuh/
                                                                                                                Issued and Fully Paid
           Tanggal/Date                                  Tindakan Perusahaan/Corporate Action                          Shares
           31 Desember 2005/                   Total saham sebelum Penawaran Umum Saham Perdana/
           December 31, 2005                   Total shares before Initial Public Offering                                4.760.000.050
           30 Juni 2006/                       Penawaran Umum Saham Perdana sejumlah 843.765.500
           June 30, 2006                       lembar saham/
                                               Initial Public Offering of shares of 843,765,500 shares                    5.603.765.550
           30 hari bursa sejak tanggal         Eksekusi saham dari program kompensasi manajemen berbasis
           10 Juli 2007/30 trading days        saham sejumlah 47.864.000 lembar saham/
           starting July 10, 2007              Exercise of management stock option program of 47,864,000
                                               shares                                                                     5.651.629.550

           30 hari bursa sejak tanggal         Eksekusi saham dari program kompensasi manajemen berbasis
           1 November 2007/30 trading          saham sejumlah 39.370.500 lembar saham/
           days starting November 1, 2007      Exercise of management stock option program of 39,370,500
                                               shares                                                                     5.691.000.050
           30 hari bursa sejak tanggal         Eksekusi saham dari program kompensasi manajemen berbasis
           10 Juli 2008/                       saham sejumlah 740.500 lembar saham/
           30 trading days starting July 10,   Exercise of management stock option program of 740,500
           2008                                shares                                                                     5.691.740.550
           30 hari bursa sejak tanggal         Eksekusi saham dari program kompensasi manajemen berbasis
           1 November 2008/30 trading          saham sejumlah 780.500 lembar saham/
           days starting November 1, 2008      Exercise of management stock option program of 780,500
                                               shares                                                                     5.692.521.050




                                                                 - 22 -
Page 513
PT BANK KB BUKOPIN TBK                                                                                PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                              AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                        Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                   For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                         (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                otherwise stated)
lain)



1.   Umum (lanjutan)                                                        1.   General (continued)

     d.   Penawaran umum obligasi dan penawaran                                   d.     Public offering of the Bank’s bonds and
          umum saham Bank (lanjutan)                                                     shares (continued)

          Penawaran umum saham (lanjutan)                                                Public offering of shares (continued)

                                                                                                                       Jumlah Saham
                                                                                                                      Ditempatkan dan
                                                                                                                       Disetor Penuh/
                                                                                                                    Issued and Fully Paid
          Tanggal/Date                                     Tindakan Perusahaan/Corporate Action                            Shares

          30 hari bursa sejak tanggal 10 Juli   Eksekusi saham dari program kompensasi manajemen berbasis
          2009/                                 saham sejumlah 7.156.500 lembar saham/
          30 trading days starting July 10,     Exercise of management stock option program of 7,156,500
          2009                                  shares                                                                        5.699.677.550
          30 hari bursa sejak tanggal           Eksekusi saham dari program kompensasi manajemen berbasis
          1 November 2009/30 trading days       saham sejumlah 1.092.000 lembar saham/
          starting November 1, 2009             Exercise of management stock option program of 1,092,000
                                                shares                                                                        5.700.769.550
          26 November 2009/                     Penawaran Umum Terbatas I dalam rangka penerbitan Hak
          November 26, 2009                     Memesan Efek Terlebih Dahulu sejumlah 286.050.768 lembar
                                                saham/
                                                Limited Public Offering I with the Issuance of Pre-emptive Rights
                                                of 286,050,768 shares                                                         5.986.820.318

          30 hari bursa sejak tanggal 10 Juli   Eksekusi saham dari program kompensasi manajemen berbasis
          2010/                                 saham sejumlah 129.687.500 lembar saham/
          30 trading days starting July 10,     Exercise of management stock option program of 129,687,500
          2010                                  shares                                                                        6.116.507.818

          30 hari bursa sejak tanggal           Eksekusi saham dari program kompensasi manajemen berbasis
          1 November 2010/30 trading days       saham sejumlah 16.254.500 lembar saham/
          starting November 1, 2010             Exercise of management stock option program of 16,254,500
                                                shares                                                                        6.132.762.318

          26 Januari 2011/                      Penawaran Umum Terbatas II dalam rangka penerbitan Hak
          January 26, 2011                      Memesan Efek Terlebih Dahulu sejumlah 1.787.960.495 lembar
                                                saham/
                                                Limited Public Offering II with the Issuance of Pre-emptive
                                                Rights of 1,787,960,495 shares                                                7.920.722.813
          30 hari bursa sejak tanggal 10 Juli   Eksekusi saham dari program kompensasi manajemen berbasis
          2011/                                 saham sejumlah 12.705.000 lembar saham/
          30 trading days starting July 10,     Exercise of management stock option program of 12,705,000
          2011                                  shares                                                                        7.933.427.813
          30 hari bursa sejak tanggal           Eksekusi saham dari program kompensasi manajemen berbasis
          1 November 2011/30 trading days       saham sejumlah 269.000 lembar saham/
          starting November 1, 2011             Exercise of management stock option program of 269,000
                                                shares                                                                        7.933.696.813
          30 hari bursa sejak tanggal 10 Juli   Eksekusi saham dari program kompensasi manajemen berbasis
          2012/                                 saham sejumlah 14.346.000 lembar saham/
          30 trading days starting July 10,     Exercise of management stock option program of 14,346,000
          2012                                  shares                                                                        7.948.042.813

          30 hari bursa sejak tanggal           Eksekusi saham dari program kompensasi manajemen berbasis
          1 November 2012/30 trading days       saham sejumlah 680.500 lembar saham/
          starting November 1, 2012             Exercise of management stock option program of 680,500
                                                shares                                                                        7.948.723.313

          30 hari bursa sejak tanggal           Eksekusi saham dari program kompensasi manajemen berbasis
          2 Januari 2013/30 trading days        saham sejumlah 352.500 lembar saham/
          starting January 2, 2013              Exercise of management stock option program of 352,500
                                                shares                                                                        7.949.075.813




                                                                   - 23 -
Page 514
PT BANK KB BUKOPIN TBK                                                                              PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                            AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                      Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                 For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                       (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                              otherwise stated)
lain)



1.   Umum (lanjutan)                                                      1.   General (continued)

     d.   Penawaran umum obligasi dan penawaran                                  d.     Public offering of the Bank’s bonds and
          umum saham Bank (lanjutan)                                                    shares (continued)

          Penawaran umum saham (lanjutan)                                              Public offering of shares (continued)

                                                                                                                     Jumlah Saham
                                                                                                                    Ditempatkan dan
                                                                                                                     Disetor Penuh/
                                                                                                                  Issued and Fully Paid
          Tanggal/Date                                   Tindakan Perusahaan/Corporate Action                            Shares
          30 hari bursa sejak tanggal 25 Mei   Eksekusi saham dari program kompensasi manajemen berbasis
          2013/                                saham sejumlah 9.954.500 embar saham/
          30 trading days starting May 25,     Exercise of management stock option program of 9,954,500
          2013                                 shares                                                                       7.959.030.313
          7 Januari 2014/                      Penawaran Umum Terbatas III dalam rangka penerbitan Hak
          January 7, 2014                      Memesan Efek Terlebih Dahulu sejumlah1.106.252.141 lembar
                                               saham/
                                               Limited Public Offering III with the Issuance of Pre-emptive
                                               Rights of 1,106,252,141 shares                                               9.065.282.454
          27 Juli 2018/                        Penawaran Umum Terbatas IV dalam rangka penerbitan Hak
          July 27, 2018                        Memesan Efek Terlebih Dahulu sejumlah 2.565.288.316 lembar
                                               saham/
                                               Limited Public Offering IV with the Issuance of Pre-emptive
                                               Rights of 2,565,288,316 shares                                             11.630.570.770

          29 Juni 2020/                        Penawaran Umum Terbatas V dalam rangka penerbitan Hak
          June 29, 2020                        Memesan Efek Terlebih Dahulu sejumlah 4.660.763.499 lembar
                                               saham/
                                               Limited Public Offering V with the Issuance of Pre-emptive
                                               Rights of 4,660,763,499 shares                                              16.291.334.269
          2 September 2020/                    Penambahan Modal Tanpa Hak Memesan Efek Terlebih Dahulu
          September 2, 2020                    ("PMTHMETD") sejumlah 16.360.578.974 lembar saham/
                                               Non Pre-Preemptive Private Placement with the Issuances of
                                               16,360,578,974 shares                                                       32.651.913.243

          2 Desember 2021/                     Penawaran Umum Terbatas VI dalam rangka penerbitan Hak
          December 2, 2021                     Memesan Efek Terlebih Dahulu sejumlah 35.214.288.984
                                               lembar saham/
                                               Limited Public Offering VI with the Issuance of Pre-emptive
                                               Rights of 35,214,288,984 shares                                             67.866.202.200

          9 Juni 2023/                         Penawaran Umum Terbatas VII dalam rangka penerbitan Hak
          June 9, 2023                         Memesan Efek Terlebih Dahulu sejumlah 119.999.999.692
                                               lembar saham/
                                               Limited Public Offering VI with the Issuance of Pre-emptive
                                               Rights of 119,999,999,692 shares                                           187.866.201.892



2.   Informasi Kebijakan Akuntansi Material                               2.   Material Accounting Policy Information

     Kebijakan akuntansi utama yang diterapkan dalam                           The principal accounting policies adopted in
     penyusunan laporan keuangan konsolidasian Bank                            preparing the consolidated financial statements of
     dan Entitas anak (“Grup”) adalah seperti dijabarkan                       the Bank and it’s Subsidiaries (the “Group”) are set
     di bawah ini:                                                             out below:

     a. Pernyataan       kepatuhan             dan       dasar                 a. Statement of compliance and basis of
          penyusunan         laporan                 keuangan                         preparation of the Group’s consolidated
          konsolidasian Grup                                                          financial statements

          Laporan keuangan konsolidasian telah disusun                                The consolidated financial statements have
          dan disajikan sesuai dengan Standar Akuntansi                               been prepared and presented in accordance
          Keuangan di Indonesia yang mencakup                                         with Indonesian Financial Accounting Standards
          Pernyataan dan Interpretasi yang dikeluarkan                                which     comprise     the    Statements    and
          oleh Dewan Standar Akuntansi Keuangan                                       Interpretations issued by the Board of Financial




                                                                 - 24 -
Page 515
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)


2.   Informasi    Kebijakan    Akuntansi      Material        2.   Material    Accounting      Policy     Information
     (lanjutan)                                                    (continued)

     a. Pernyataan      kepatuhan      dan     dasar               a. Statement of compliance and basis of
         penyusunan        laporan         keuangan                    preparation of the Group’s consolidated
         konsolidasian Grup (lanjutan)                                 financial statements (continued)

         Ikatan Akuntan Indonesia, Buku Panduan                        Accounting Standards of the Indonesian
         Akuntansi Perbankan bagi Bank Umum                            Institute of Accountants, The Banking
         Kovensional (BPAK), Panduan Akuntansi                         Accounting     Handbook   for   Conventional
         Perbankan Syariah (PAPSI) dan Peraturan                       Commercial Banks (BPAK) the Islamic Banking
         No.   VIII.G.7   tentang “Penyajian   dan                     Accounting Guide (PAPSI) and Regulation No.
         Pengungkapan Laporan Keuangan Emiten atau                     VIII.G.7    regarding   “Presentation   and
         Perusahaan Publik”.                                           Disclosures of issuers or Public Companies’
                                                                       Financial Statements”.

         Laporan keuangan entitas anak yang bergerak                   The subsidiary’s financial statements which
         di bidang perbankan Syariah disajikan sesuai                  operates under Sharia banking have been
         dengan     Pernyataan   Standar    Akuntansi                  presented in accordance with Implementation of
         Keuangan (“PSAK”) 401 (Revisi 2016) tentang                   Financial Accounting Standards (“SFAS”) 401
         “Penyajian Laporan Keuangan Syariah”, PSAK                    (Revised 2016) regarding “Sharia Financial
         402 (Amendemen 2013) tentang “Akuntansi                       Statements      Presentation”,   SFAS       402
         Murabahah”, PSAK 403 tentang “Akuntansi                       (Amendment 2013) regarding “Murabahah
         Salam”, PSAK 404 (Amendemen 2016) tentang                     Accounting”, SFAS 403 regarding “Salam
         “Akuntansi Istishna”, PSAK 405 tentang                        Accounting”, SFAS 404 (Amendment 2016)
         “Akuntansi Mudharabah”, PSAK 406 tentang                      regarding “Istishna Accounting”, SFAS 405
         “Akuntansi    Musyarakah”,    PSAK       407                  regarding “Mudharabah Accounting”, SFAS 406
         (Amendemen 2016) tentang “Akuntansi Ijarah”,                  regarding “Musyarakah Accounting”, SFAS 407
         PSAK 410 (Revisi 2015) tentang “Akuntansi                     (Amendment       2016)     regarding    “Ijarah
         Sukuk”, dan Pedoman Akuntansi Perbankan                       Accounting”, SFAS 410 (Revised 2015)
         Syariah Indonesia (“PAPSI”) yang diterbitkan                  regarding “Accounting for Sukuk”, and
         atas kerjasama Ikatan Akuntan Indonesia                       Indonesian    Sharia    Banking     Accounting
         dengan Bank Indonesia.                                        Guidelines (“PAPSI”) as issued under the
                                                                       cooperation between Indonesian Institute of
                                                                       Accountants and Bank Indonesia.

         Laporan keuangan konsolidasian disusun                        The consolidated financial statements have
         berdasarkan nilai historis kecuali untuk                      been prepared under the historical cost
         beberapa akun yang dinilai menggunakan                        convention except for certain accounts which
         dasar pengukuran lain sebagaimana dijelaskan                  are valued on other measurement basis as
         pada kebijakan akuntansi dari akun tersebut.                  described in the accounting policies for such
         Laporan keuangan konsolidasian disusun                        accounts. The consolidated financial statements
         berdasarkan akuntansi akrual kecuali laporan                  are prepared under the accrual basis of
         arus kas konsolidasian.                                       accounting, except for the consolidated
                                                                       statement of cash flows.

         Grup telah menyusun laporan keuangan                          The Group has prepared the consolidated
         konsolidasian dengan dasar bahwa Grup akan                    financial statements on the basis that it will
         terus mempertahankan kelangsungan usaha.                      continue to operate as a going concern.

         Laporan arus kas konsolidasian disusun                        The consolidated statement of cash flows is
         dengan menggunakan metode langsung yang                       prepared using the direct method which
         menyajikan penerimaan dan pengeluaran kas                     presents receipts and payments of cash and
         dan setara kas yang diklasifikasikan ke dalam                 cash equivalents which are classified into
         aktivitas operasi, investasi, dan pendanaan.                  operating, investing and financing activities.

         Seluruh angka dalam laporan keuangan                          All figures in the consolidated financial
         konsolidasian ini, kecuali dinyatakan secara                  statements are rounded to and stated in millions
         khusus, dibulatkan menjadi jutaan Rupiah yang                 of Rupiah, unless otherwise stated.
         terdekat.




                                                     - 25 -
Page 516
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


2.   Informasi    Kebijakan      Akuntansi      Material         2.   Material    Accounting       Policy      Information
     (lanjutan)                                                       (continued)

     a. Pernyataan      kepatuhan      dan     dasar                  a. Statement of compliance and basis of
         penyusunan         laporan        keuangan                      preparation of the Group’s consolidated
         konsolidasian Grup (lanjutan)                                   financial statements (continued)

         Pos-pos dalam Penghasilan Komprehensif                           The items under Other Comprehensive Income
         Lainnya disajikan terpisah antara akun-akun                      (OCI) are presented separately between items
         yang akan direklasifikasikan ke laba rugi dan                    to be reclassified to profit or loss and those
         akun-akun yang tidak akan direklasifikasikan ke                  items not to be reclassified to profit or loss.
         laba rugi.
         Dalam     penyusunan      laporan    keuangan                    The preparation of consolidated financial
         konsolidasian sesuai dengan Standar Akuntansi                    statements in conformity with Indonesian
         Keuangan di Indonesia, dibutuhkan estimasi                       Financial Accounting Standards requires the
         dan asumsi yang memengaruhi:                                     use of estimates and assumptions that affects:
         -   nilai aset dan liabilitas dilaporkan, dan                    -    the reported amounts of assets and
             pengungkapan atas aset dan liabilitas                             liabilities and disclosure of contingent
             kontinjensi pada tanggal laporan keuangan                         assets and liabilities at the date of the
             konsolidasian;                                                    consolidated financial statements;
         -   jumlah pendapatan dan beban selama                           -    the reported amounts of revenues and
             periode pelaporan.                                                expenses during the reporting period.

         Walaupun estimasi ini dibuat berdasarkan                         Although these estimates are based on
         pengetahuan terbaik manajemen atas kejadian                      management’s best knowledge of current
         dan tindakan saat ini, hasil yang timbul mungkin                 events and activities, actual results may differ
         berbeda dengan jumlah yang diestimasi                            from those estimates.
         semula.

         Pertimbangan    profesional dan    estimasi                      The most significant uses of the judgment and
         signifikan dalam menentukan jumlah yang                          estimates in determining the amounts
         diakui dalam laporan keuangan konsolidasian                      recognized in the       consolidated financial
         adalah sebagai berikut:                                          statements are as follows:

         Perhitungan cadangan kerugian                                    Calculation of loss allowance

         Saat      mengukur    Cadangan     Kerugian                      When measuring Expected Credit Losses
         Ekspektasian (ECL), Grup menggunakan                             (ECL), the Group uses reasonable and
         informasi masa depan yang wajar dan dapat                        supportable forward-looking information, which
         didukung, yang didasarkan pada asumsi untuk                      is based on assumptions for the future
         pergerakan masa depan dari berbagai                              movement of different economic drivers and
         pendorong ekonomi dan bagaimana penggerak                        how these drivers will affect each other.
         ini akan saling memengaruhi.

         Loss given default adalah estimasi kerugian                      Loss given default is an estimate of the loss
         yang timbul karena gagal bayar. Perhitungan                      arising on default. It is based on the difference
         didasarkan pada perbedaan antara arus kas                        between the contractual cash flows due and
         kontraktual terutang dan yang diharapkan akan                    those that the lender would expect to receive,
         diterima, dengan mempertimbangkan arus kas                       taking into account cash flows from collateral
         dari agunan dan peningkatan kredit integral.                     and integral credit increase.

         Probability of default merupakan input utama                     Probability of default constitutes a key input in
         dalam mengukur ECL. Probability of default                       measuring ECL. Probability of default is an
         adalah perkiraan kemungkinan gagal bayar                         estimate of the likelihood of default over a given
         selama     jangka     waktu   tertentu, yang                     time horizon, the calculation of which includes
         penghitungannya mencakup data historis,                          historical data, assumptions and expectations
         asumsi, dan ekspektasi kondisi masa depan.                       of future conditions.




                                                        - 26 -
Page 517
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)


2.   Informasi     Kebijakan      Akuntansi         Material        2.   Material    Accounting       Policy      Information
     (lanjutan)                                                          (continued)

     a. Pernyataan      kepatuhan      dan     dasar                     a. Statement of compliance and basis of
         penyusunan        laporan         keuangan                          preparation of the Group’s consolidated
         konsolidasian Grup (lanjutan)                                       financial statements (continued)

         Penilaian model bisnis                                              Business model assessment

         Klasifikasi dan pengukuran aset keuangan                            Classification and measurement of financial
         bergantung      pada     hasil  ‘semata      dari                   assets depend on the results of the Solely
         pembayaran pokok dan bunga’ (”SPPI”) dan uji                        Payments of Principal and Interest (SPPI) and
         model bisnis (lihat bagian aset keuangan pada                       the business model test (please see financial
         Catatan 2d). Grup menentukan model bisnis                           assets section of Note 2d). The Group
         pada tingkat yang mencerminkan bagaimana                            determines the business model at a level that
         kelompok aset keuangan dikelola bersama                             reflects how group of financial assets are
         untuk mencapai tujuan bisnis tertentu. Penilaian                    managed together to achieve a particular
         ini mencakup penilaian yang mencerminkan                            business objective. This assessment includes
         semua bukti yang relevan termasuk bagaimana                         judgement reflecting all relevant evidence
         kinerja aset dievaluasi dan kinerjanya diukur,                      including how the performance of the assets is
         risiko yang memengaruhi kinerja aset dan                            evaluated and their performance measured, the
         bagaimana hal ini dikelola dan bagaimana                            risks that affect the performance of the assets
         manajer aset diberi kompensasi. Grup                                and how these are managed and how the
         memantau aset keuangan yang diukur pada                             managers of the assets are compensated.
         biaya perolehan diamortisasi atau nilai wajar                       The Group monitors financial assets measured
         melalui penghasilan komprehensif lain yang                          at amortized cost or fair value through other
         dihentikan pengakuannya sebelum jatuh tempo                         comprehensive income that are derecognized
         untuk memahami alasan pelepasannya dan                              prior to their maturity to understand the reason
         apakah alasan tersebut konsisten dengan                             for their disposal and whether the reasons are
         tujuan bisnis di mana aset tersebut dimiliki.                       consistent with the objective of the business for
         Pemantauan adalah bagian dari penilaian                             which the asset was held. Monitoring is part of
         berkelanjutan Grup atas apakah model bisnis di                      the Group’s continuous assessment of whether
         mana aset keuangan yang tersisa dimiliki tetap                      the business model for which the remaining
         sesuai dan jika tidak sesuai apakah telah terjadi                   financial assets are held continues to be
         perubahan dalam model bisnis dan dengan                             appropriate and if it is not appropriate whether
         demikian     terdapat    perubahan    prospektif                    there has been a change in business model
         terhadap klasifikasi aset keuangan tersebut.                        and so a prospective change to the
         Tidak ada perubahan yang diperlukan selama                          classification of those assets. No such changes
         periode yang disajikan.                                             were required during the periods presented.

         Klasifikasi aset dan liabilitas keuangan                            Classification of financial assets and financial
                                                                             liabilities

         Grup menetapkan klasifikasi atas aset dan                           The Group determines the classifications of
         liabilitas tertentu sebagai aset dan liabilitas                     certain assets and liabilities as financial assets
         keuangan dengan mempertimbangkan definisi                           and liabilities by considering the definition set
         yang ditetapkan PSAK 109. Dengan demikian,                          forth in SFAS 109. Accordingly, the financial
         aset keuangan dan liabilitas keuangan diakui                        assets and liabilities are accounted for in
         sesuai dengan kebijakan akuntansi Grup                              accordance with the Group accounting policies
         seperti diungkapkan pada Catatan 2d atas                            as disclosed in Note 2d to the consolidated
         laporan keuangan konsolidasian.                                     financial statements.

         Nilai  wajar     atas    instrumen     keuangan                     Fair value of financial instruments (Note 46)
         (Catatan 46)

         Bila nilai wajar aset keuangan dan liabilitas                       Where the fair values of financial assets and
         keuangan yang tercatat pada laporan posisi                          financial liabilities recorded on the consolidated
         keuangan konsolidasian tidak tersedia di pasar                      statement of financial position cannot be
         aktif, nilai wajar aset keuangan dan liabilitas                     derived from active markets, the fair value of
         keuangan ditentukan dengan menggunakan                              financial assets and liabilities is determined
         berbagai teknik penilaian termasuk penggunaan                       using various valuation techniques including the




                                                           - 27 -
Page 518
PT BANK KB BUKOPIN TBK                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                        AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                  Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                             For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                   (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                          otherwise stated)
lain)


2.   Informasi     Kebijakan      Akuntansi      Material             2.   Material    Accounting         Policy      Information
     (lanjutan)                                                            (continued)
     a. Pernyataan      kepatuhan      dan     dasar                       a. Statement of compliance and basis of
         penyusunan         laporan        keuangan                           preparation of the Group’s consolidated
         konsolidasian Grup (lanjutan)                                        financial statements (continued)
         Nilai  wajar     atas   instrumen     keuangan                        Fair value of financial instruments (Note 46)
         (Catatan 46) (lanjutan)                                               (continued)
         model matematika. Masukan untuk model ini                             use of mathematical models. The inputs for
         berasal dari data pasar yang bisa diamati                             these models are derived from observable
         selama data tersebut tersedia. Bila data pasar                        market data when such data is available, if
         yang bisa diamati tersebut tidak tersedia,                            observable market data are not available,
         pertimbangan manajemen diperlukan untuk                               management judgment is required to determine
         menentukan nilai wajar. Pertimbangan tersebut                         the fair values. The judgments include
         mencakup      pertimbangan      likuiditas  dan                       considerations of liquidity and model inputs
         masukan model seperti volatilitas untuk                               such as volatility for long term derivatives and
         transaksi derivatif yang berjangka waktu                              discount rates, prepayment rates, and default
         panjang dan tingkat diskonto, tingkat pelunasan                       rate assumptions.
         dipercepat, dan asumsi tingkat gagal bayar.

         Grup meninjau efek utang yang diklasifikasikan                        The Group reviews their debt securities
         sebagai diukur pada nilai wajar melalui laba                          classified as measured at fair value through
         rugi, diukur pada nilai wajar melalui penghasilan                     profit or loss, measured at fair value through
         komprehensif lain, dan diukur dengan biaya                            other comprehensive income, and measured at
         perolehan diamortisasi pada setiap tanggal                            amortized costs at each consolidated statement
         laporan posisi keuangan konsolidasian untuk                           of financial position date to assess whether they
         menilai apakah telah terjadi penurunan nilai.                         are impaired. This requires similar judgment as
         Penilaian tersebut memerlukan pertimbangan                            applied to the individual assessment of loans.
         yang sama seperti yang diterapkan pada
         penilaian individual pada kredit yang diberikan.
         Penurunan      nilai     aset     non-keuangan                        Impairment of non-financial assets (Notes 13,
         (Catatan 13, 14, dan 15)                                              14, and 15)

         Grup mengevaluasi penurunan nilai aset non-                           The Group evaluates impairment of non-
         keuangan apabila terdapat kejadian atau                               financial assets if there is event or change in
         perubahan keadaan yang mengindikasikan                                circumstance that may indicate that the carrying
         bahwa nilai tercatat aset non-keuangan tidak                          amount of the non-financial assets may not be
         dapat dipulihkan kembali.                                             recovered.

         Penurunan nilai timbul saat nilai tercatat aset                       An impairment exists when the carrying value of
         atau Unit Penghasil Kas ("UPK") melebihi nilai                        an asset or Cash Generating Unit ("CGU")
         terpulihnya, yaitu mana yang lebih besar antara                       exceeds its recoverable amount, which is the
         nilai wajar dikurangi biaya untuk menjual dan                         higher of its fair value less costs to sell and its
         nilai pakainya. Nilai wajar dikurangi biaya untuk                     value in use. The fair value less costs to sell
         menjual didasarkan pada ketersediaan data                             calculation is based on available data from
         dari perjanjian penjualan yang mengikat yang                          binding sales transactions in an arm's length
         dibuat dalam transaksi normal atas aset serupa                        transaction of similar assets or observable
         atau harga pasar yang dapat diamati dikurangi                         market prices less incremental costs for
         dengan      biaya     tambahan     yang     dapat                     disposing the asset.
         diatribusikan dengan pelepasan aset.

         Aset pajak tangguhan (Catatan 21c)                                    Deferred tax assets (Note 21c)

         Aset pajak tangguhan diakui atas jumlah pajak                         Deferred tax assets are recognized for the
         penghasilan terpulihkan (recoverable) pada                            amount of income tax recoverable in future
         periode mendatang sebagai akibat perbedaan                            future periods as a result of deductible
         temporer yang boleh dikurangkan. Justifikasi                          temporary difference. Management judgment is
         manajemen diperlukan untuk menentukan                                 required to determine the amount of deferred
         jumlah aset pajak tangguhan yang dapat diakui,                        tax assets that can be recognized, based upon
         sesuai dengan waktu yang tepat dan tingkat                            the likely timing on level of future taxable profits,
         laba fiskal di masa mendatang sejalan dengan                          together with future tax planning strategy.
         strategi rencana perpajakan ke depan.



                                                             - 28 -
Page 519
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)


2.   Informasi    Kebijakan       Akuntansi      Material          2.   Material    Accounting         Policy    Information
     (lanjutan)                                                         (continued)

     a. Pernyataan      kepatuhan      dan     dasar                    a. Statement of compliance and basis of
         penyusunan         laporan        keuangan                         preparation of the Group’s consolidated
         konsolidasian Grup (lanjutan)                                      financial statements (continued)

         Liabilitas kesejahteraan karyawan (Catatan 37)                     Liability for employee service entitlements
                                                                            (Note 37)

         Program-program        pensiun         ditentukan                  Pension programs are determined based on
         berdasarkan perhitungan aktuarial. Perhitungan                     actuarial valuation. The actuarial valuation
         aktuarial menggunakan asumsi-asumsi seperti                        involves assumptions such as discount rate,
         tingkat diskonto, tingkat pengembalian aset,                       expected rate of returns on plan assets, salary
         tingkat kenaikan penghasilan, tingkat kematian,                    increase rate, mortality rate, resignation rate,
         tingkat pengunduran diri, dan lain-lain.                           and others.

         Penyusutan aset tetap                                              Depreciation of fixed assets

         Manajemen mengestimasi masa manfaat                                Management properly estimates the economic
         ekonomis aset tetap Grup antara 4 sampai                           useful life of the Group’s fixed assets as ranging
         dengan 20 tahun. Ini merupakan masa manfaat                        from 4 to 20 years. These are the economic
         ekonomis yang secara umum diharapkan dalam                         useful life generally expected in the banking
         industri    perbankan.   Perubahan     tingkat                     industries. Changes in the expected level of
         pemakaian dan perkembangan teknologi dapat                         usage and technological development could
         memengaruhi masa manfaat ekonomis dan nilai                        impact the economic useful lives and the
         sisa aset, dan karenanya beban penyusutan                          residual values of these assets, and therefore
         masa depan mungkin direvisi. Penjelasan lebih                      future depreciation charges could be revised.
         rinci diungkapkan dalam Catatan 2p dan 13.                         Further details are disclosed in Notes 2p
                                                                            and 13.
         Revaluasi atas tanah (Catatan 13)                                  Revaluation of land (Note 13)

         Grup menggunakan penilai independen untuk                          The Group uses an independent appraiser to
         menilai nilai wajar atas tanah. Tanah dinilai                      assess the fair value of the lands. Lands are
         dengan mengacu kepada bukti berdasarkan                            valued by referencing to market-based
         pasar, menggunakan harga yang sebanding                            evidence, using comparable prices adjusted for
         setelah disesuaikan dengan faktor pasar                            specific markets factors such as the location
         spesifik seperti lokasi dan kondisi dari tanah.                    and condition of the land.

         Estimasi masa sewa                                                 Estimation of lease term

         Dalam mengestimasi masa sewa dari masing-                          When estimating the lease term of the
         masing       perjanjian  sewa,     manajemen                       respective lease arrangement, management
         mempertimbangkan seluruh fakta dan keadaan                         considers all facts and circumstances that
         yang memberikan insentif ekonomik untuk                            create an economic incentive to exercise an
         mengeksekusi opsi perpanjangan, atau untuk                         extension option, or to not exercise a
         tidak    mengeksekusi     opsi    penghentian,                     termination option, including any expected
         termasuk perubahan fakta atau keadaan yang                         changes in facts and circumstances from the
         diekspektasi dari tanggal permulaan hingga                         commencement date until the exercise date of
         tanggal eksekusi opsi. Opsi perpanjangan (atau                     the option. Extension options (or periods after
         periode setelah opsi penghentian) hanya                            termination options) are only included in the
         diperhitungkan dalam masa sewa jika sewa                           lease term if the lease is reasonably certain to
         cukup pasti akan diperpanjang (atau tidak                          be extended (or not terminated).
         dihentikan).




                                                          - 29 -
Page 520
PT BANK KB BUKOPIN TBK                                                                         PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                       AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                 Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                            For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                  (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                         otherwise stated)
lain)



2.   Informasi      Kebijakan       Akuntansi      Material          2.   Material    Accounting         Policy      Information
     (lanjutan)                                                           (continued)
     b.   Prinsip-prinsip konsolidasian                                   b.   Principles of consolidation
          Laporan keuangan konsolidasian meliputi                              The consolidated financial statements include
          laporan keuangan Bank dan laporan keuangan                           the financial statements of the Bank and
          entitas anak.                                                        financial statements of its subsidiaries.

          Pengendalian diperoleh ketika Bank terekspos,                        Control is achieved when the Bank is exposed,
          atau memiliki hak atas imbal hasil variabel dari                     or has rights to variable returns from its
          keterlibatannya dengan entitas dan memiliki                          involvement with the investee and has the
          kemampuan untuk memengaruhi pengembalian                             ability to affect those returns through the power
          tersebut melalui kekuasaan yang dimiliki.                            it holds.
          Dalam hal pengendalian terhadap entitas                              Where an entity either began or ceased to be
          dimulai atau diakhiri dalam suatu tahun                              controlled during the year, the results of
          berjalan, maka hasil usaha entitas yang                              operations of that entity included into the
          diperhitungkan ke dalam laporan keuangan                             consolidated financial statements at limited to
          konsolidasian hanya sebatas hasil pada saat                          the period from when control is first obtained or
          pengendalian tersebut mulai diperoleh atau                           up when control is lost.
          hingga saat pengendalian atas entitas tersebut
          berakhir.

          Dalam mencatat akuisisi entitas anak                                 The purchase method of accounting is used to
          digunakan metode pembelian. Biaya akuisisi                           account for the acquisition of subsidiary. The
          diukur sebesar nilai wajar aset yang                                 cost of an acquisition is measured at the fair
          diserahkan, saham yang diterbitkan atau                              value of the given up assets, shares issued or
          liabilitas yang diambil alih pada tanggal akuisisi.                  liabilities assumed at the date of acquisition.
          Biaya transaksi, selain biaya yang berhubungan                       Transaction cost, excluding debt or equity
          dengan penerbitan instrumen utang atau                               instrument issuance cost which is borne by the
          ekuitas      yang    ditanggung      oleh   Bank                     Bank in relation with business combination, is
          sehubungan        dengan      kombinasi    bisnis,                   charged to expense when incurred. The excess
          dibebankan pada saat terjadinya. Kelebihan                           of the cost of acquisition over the fair value of
          biaya akuisisi atas nilai wajar aset neto entitas                    the net assets of the subsidiary acquired is
          anak dicatat sebagai goodwill (Catatan 2q.i                          recorded as goodwill (Note 2q.i for the
          untuk kebijakan akuntansi atas goodwill).                            accounting policy on goodwill).

          Seluruh saldo dan transaksi yang signifikan                          All significant intercompany balances and
          termasuk keuntungan/kerugian yang belum                              transactions, including unrealized gain/loss, are
          direalisasi antar entitas dieliminasi untuk                          eliminated to reflect the financial position and
          mencerminkan posisi keuangan dan hasil                               results of operations of the Group as one
          usaha Grup sebagai satu kesatuan usaha.                              business entity.

          Laporan keuangan konsolidasian disusun                               The consolidated financial statements are
          dengan menggunakan kebijakan akuntansi                               prepared using uniformed accounting policy for
          yang sama untuk peristiwa dan transaksi                              transactions    and     events    in   similar
          sejenis dalam kondisi yang sama. Kebijakan                           circumstances. The principal accounting
          akuntansi utama yang digunakan dalam                                 policies adopted in preparing the consolidated
          penyusunan laporan keuangan konsolidasian,                           financial statements have been consistently
          telah diterapkan secara konsisten oleh entitas                       applied by the subsidiaries, unless otherwise
          anak, kecuali dinyatakan lain.                                       stated.

          Laba atau rugi dan setiap komponen                                   Profit or loss and each component of other
          penghasilan komprehensif lain diatribusikan                          comprehensive income are attributed to the
          pada pemilik entitas induk dan pada                                  equity holders of the parent entity and to the
          kepentingan       non-pengendali.    Seluruh                         non-controlling interest. Total comprehensive
          penghasilan komprehensif diatribusikan pada                          income is attributed to the equity holders of the
          pemilik entitas induk dan pada kepentingan                           parent entity and to the non-controlling interest
          non-pengendali     bahkan    jika   hal   ini                        even if this results in the non-controlling interest
          mengakibatkan kepentingan non-pengendali                             having a deficit balance.
          mempunyai saldo defisit.




                                                            - 30 -
Page 521
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)


2.   Informasi     Kebijakan     Akuntansi     Material             2.   Material    Accounting          Policy      Information
     (lanjutan)                                                          (continued)

     c. Penjabaran mata uang asing                                       c. Foreign currency translations

         i.    Mata uang penyajian                                           i.     Presentation currency

               Laporan keuangan konsolidasian disajikan                             The consolidated financial statements are
               dalam mata uang Rupiah, yang merupakan                               presented in Rupiah, which is the functional
               mata uang fungsional Grup.                                           currency of the Group.

         ii.   Transaksi dan saldo                                           ii.    Transactions and balances

               Transaksi dalam mata uang asing                                      Transactions denominated in a foreign
               dijabarkan ke mata uang Rupiah dengan                                currency are converted into Rupiah using
               menggunakan kurs pada tanggal-tanggal                                the spot rate at those transaction dates. At
               transaksi    tersebut.    Pada   tanggal                             the reporting date, monetary assets and
               pelaporan, aset dan liabilitas moneter                               liabilities in foreign currencies are
               dalam mata uang asing dijabarkan ke                                  translated using the reporting rate (closing)
               dalam mata uang Rupiah dengan                                        determined by Bank Indonesia based on
               menggunakan kurs laporan (penutupan)                                 the Reuters spot rate at 16.00 Western
               yang ditetapkan oleh Bank Indonesia                                  Indonesia Time (“WIB”) prevailing at that
               berdasarkan kurs spot Reuters pada pukul                             date.
               16.00 Waktu Indonesia Barat (“WIB”) yang
               berlaku pada tanggal tersebut.

         Keuntungan dan kerugian selisih kurs yang                           Exchange gains and losses arising on
         timbul dari transaksi dalam mata uang asing                         transactions in foreign currency and on the
         dan dari penjabaran aset dan liabilitas moneter                     translation of foreign currency monetary assets
         dalam mata uang asing diakui pada laba rugi,                        and liabilities are recognized in the profit or
         kecuali apabila ditangguhkan pada bagian                            loss, except when deferred in equity as
         ekuitas sebagai lindung nilai arus kas yang                         qualifying cash flow hedges.
         memenuhi syarat.

         Selisih penjabaran mata uang asing atas efek                        Translation differences on debt marketable
         utang dan aset moneter keuangan lain yang                           securities and other monetary financial assets
         diukur berdasarkan nilai wajar dicatat sebagai                      measured at fair value are included in foreign
         bagian dari keuntungan dan kerugian selisih                         exchange gains and losses.
         kurs.
         Berikut ini adalah kurs mata uang asing utama                       Below are the major exchange rates used for
         yang digunakan untuk penjabaran jumlah dalam                        translation of foreign currency amounts into
         mata uang asing ke dalam Rupiah pada tanggal                        Rupiah as at December 31, 2024 and 2023:
         31 Desember 2024 dan 2023:

                                                 2024                      2023

         Poundsterling Inggris                      20.219                        19.626    Great Britain Poundsterling
         Euro Eropa                                 16.758                        17.038    European Euro
         Dolar Amerika                              16.095                        15.397    United States Dollar
         Dolar Singapura                            11.845                        11.676    Singapore Dollar
         Dolar Australia                            10.014                        10.521    Australian Dollar
         Yuan Cina                                   2.205                         2.170    Chinese Yuan
         Dolar Hong Kong                             2.073                         1.970    Hong Kong Dollar
         Yen Jepang                                    103                           109    Japanese Yen
         Won Korea Selatan                              11                            12    South Korean Won




                                                           - 31 -
Page 522
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)


2.   Informasi      Kebijakan     Akuntansi       Material         2.    Material    Accounting        Policy     Information
     (lanjutan)                                                          (continued)

     d.   Aset dan liabilitas keuangan                                  d.   Financial assets and liabilities

          Aset keuangan Grup terdiri dari kas, giro pada                     The Group’s financial assets consist of cash,
          Bank Indonesia, giro pada bank lain,                               current accounts with Bank Indonesia, current
          penempatan pada Bank Indonesia dan bank                            accounts with other banks, placements with
          lain, tagihan derivatif, surat-surat berharga,                     Bank Indonesia and other banks, derivative
          surat-surat berharga yang dibeli dengan janji                      receivables, marketable securities, marketable
          dijual kembali, wesel ekspor dan tagihan                           securities     receivables    purchased      with
          lainnya, kredit yang diberikan dan pembiayaan                      agreements to resell, bills and other
          piutang syariah, tagihan akseptasi, penyertaan                     receivables, loans and sharia receivables
          saham, bunga yang masih akan diterima, dan                         financing, acceptances receivable, investments
          aset lain-lain (setoran jaminan).                                  in shares, interest receivables, and other assets
                                                                             (guarantee deposit).

          Liabilitas keuangan Grup terdiri dari liabilitas                   The Group’s financial liabilities consist of
          segera, simpanan nasabah, simpanan dari                            liabilities immediately payable, deposits from
          bank lain, liabilitas derivatif, surat-surat                       customers, deposits from other banks,
          berharga yang dijual dengan janji dibeli                           derivative payable, marketable securities sold
          kembali, liabilitas akseptasi, surat berharga                      with agreement to repurchase, acceptances
          yang diterbitkan, pinjaman yang diterima, bunga                    payables,     marketable    securities  issued,
          yang masih harus dibayar, dan liabilitas lain-                     borrowings, interest payable, and other
          lain.                                                              liabilities.

          (i) Klasifikasi                                                    (i)   Classification

              Aset keuangan diklasifikasikan berdasarkan                           Financial assets are classified into the
              kategori sebagai berikut pada saat                                   following categories on initial recognition:
              pengakuan awal:

              •    Aset keuangan yang diukur pada nilai                            •   Financial assets held at fair value
                   wajar melalui laporan laba rugi                                     through profit or loss (FVTPL);
                   (FVTPL);
              •    Diukur pada biaya diamortisasi; dan                             •   Amortized cost; and
              •    Aset keuangan yang diukur pada nilai                            •   Financial assets held at fair value
                   wajar       melalui       penghasilan                               through other comprehensive income
                   komprehensif lain (FVTOCI).                                         (FVTOCI).

              Aset keuangan diklasifikasikan menjadi                               Financial assets are classified into these
              kategori tersebut di atas berdasarkan                                categories based on the business model
              model bisnis dimana aset keuangan                                    within which they are held, and their
              tersebut dimiliki, dan karakteristik arus kas                        contractual cash flow characteristics. The
              kontraktualnya. Model bisnis merefleksikan                           business model reflects how groups of
              bagaimana kelompok aset keuangan                                     financial assets are managed to achieve a
              dikelola untuk mencapai tujuan bisnis                                particular business objective.
              tertentu.




                                                          - 32 -
Page 523
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)


2.   Informasi      Kebijakan          Akuntansi   Material        2.   Material    Accounting          Policy      Information
     (lanjutan)                                                         (continued)
     d.   Aset dan liabilitas keuangan (lanjutan)                       d.   Financial assets and liabilities (continued)

          (i) Klasifikasi (lanjutan)                                         (i)   Classification (continued)

              Aset keuangan hanya dapat dikategorikan                              Financial assets can only be categorized at
              sebagai biaya perolehan diamortisasi jika                            amortized cost if the instruments are held
              instrumen      dimiliki    dalam     rangka                          in order to collect the contractual cash
              mendapatkan arus kas kontraktual (“hold to                           flows (“hold to collect”), and where those
              collect”), dan dimana arus kas kontraktual                           contractual cash flows are solely payments
              tersebut semata dari pembayaran pokok                                of principal and interest (SPPI). Principal
              dan bunga (SPPI). Pokok merupakan nilai                              represents the fair value of the instrument
              wajar dari instrumen pada saat pengakuan                             at the time of initial recognition. Interest in
              awal. Bunga dalam hal ini merupakan                                  this context represents compensation for
              kompensasi untuk nilai waktu uang dan                                the time value of money and associated
              risiko kredit terkait beserta kompensasi                             credit risks together with compensation for
              untuk risiko lain dan biaya yang konsisten                           other risks and costs consistent with a
              dengan persyaratan dalam peminjaman                                  basic lending arrangement and a profit
              standar dan marjin laba. Kategori aset ini                           margin. This requires an assessment at
              membutuhkan        penilaian    persyaratan                          initial recognition of the contractual terms
              kontraktual pada saat pengakuan awal                                 to determine whether it contains a term that
              untuk      menentukan     apakah    kontrak                          could change the timing or amount of cash
              mengandung persyaratan yang dapat                                    flows in a way that is inconsistent with the
              mengubah waktu atau jumlah dari arus kas                             SPPI criteria.
              yang tidak konsisten dengan persyaratan
              SPPI.

              Dalam menilai apakah arus kas kontraktual                            In assessing whether the contractual cash
              memiliki    karakteristik   SPPI,     Grup                           flows have SPPI characteristics, the Group
              mempertimbangkan                persyaratan                          considers the contractual terms of the
              kontraktual atas instrumen tersebut. Hal ini                         instrument. This includes assessing
              termasuk dalam hal menilai apakah aset                               whether the financial asset contains a
              keuangan       mengandung         ketentuan                          contractual term that could change the
              kontraktual yang dapat mengubah waktu                                timing or amount of contractual cash flows
              atau jumlah arus kas kontraktual                                     such that it would not meet the SPPI
              sehingga tidak dapat memenuhi kondisi                                condition. In making the assessment, the
              SPPI. Dalam melakukan penilaian, Grup                                Group considers:
              mempertimbangkan:
              • Kejadian      kontinjensi   yang     akan                          •   Contingent events that would change
                 mengubah jumlah dan waktu arus kas;                                   the amount and timing of cash flows;
              • Fitur leverage; dan                                                •   Leverage features; and
              • Persyaratan pelunasan dipercepat                                   •   Prepayment and extension terms.
                 atau perpanjangan fasilitas.

              Aset dapat dijual dari portofolio hold to                            Assets may be sold out of hold to collect
              collect ketika terdapat peningkatan risiko                           portfolios when there is an increase in
              kredit. Penghentian untuk alasan lain                                credit risk. Disposals for other reasons are
              diperbolehkan namun jumlah penjualan                                 permitted but such sales should be
              tersebut harus tidak signifikan jumlahnya                            insignificant in value or infrequent in
              atau tidak sering.                                                   nature.




                                                          - 33 -
Page 524
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)


2.   Informasi      Kebijakan          Akuntansi   Material         2.   Material    Accounting          Policy      Information
     (lanjutan)                                                          (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                        d.   Financial assets and liabilities (continued)

          (i) Klasifikasi (lanjutan)                                          (i) Classification (continued)

              Aset keuangan berupa instrumen utang                               Financial asset debt instruments where the
              dimana tujuan model bisnis dicapai dengan                          business model objectives are achieved by
              mendapatkan arus kas kontraktual dan                               collecting the contractual cash flows and by
              menjual aset (“hold to collect and sell”) dan                      selling the assets (“hold to collect and sell”)
              memiliki arus kas SPPI, diklasifikasikan                           and that have SPPI cash flows are held at
              sebagai FVTOCI, dengan laba rugi yang                              FVTOCI, with unrealized gains or losses
              belum     direalisasi   ditangguhkan        di                     deferred in other comprehensive income
              pendapatan komprehensif lain sampai aset                           until the asset is derecognized.
              tersebut diberhentikan.

              Seluruh aset keuangan lainnya akan                                 All other financial assets will mandatorily be
              dipersyaratkan diklasifikasikan sebagai                            classified as FVTPL. Financial assets may
              FVTPL. Aset keuangan dapat ditetapkan                              be designated as FVTPL only if it can
              sebagai FVTPL hanya jika ini dapat                                 eliminates or reduces an accounting
              mengeliminasi      atau       mengurangi                           mismatch.
              accounting mismatch.

              Manajemen menentukan klasifikasi aset                              Management determines the classification
              keuangan dan liabilitas keuangan pada                              of its financial assets and liabilities at initial
              saat pengakuan awal.                                               recognition.

          (ii) Pengukuran awal                                                (ii) Initial recognition

              a. Pembelian        atau   penjualan    aset                         a.   Purchases or sales of financial assets
                 keuangan           yang       memerlukan                               that require delivery of assets within a
                 penyerahan aset dalam kurun waktu                                      time frame established by regulation
                 yang telah ditetapkan oleh peraturan                                   or convention in the market place
                 dan kebiasaan yang berlaku di pasar                                    (regular    way      purchases)      are
                 (pembelian secara reguler) diakui pada                                 recognized on the settlement date,
                 tanggal penyelesaian, seperti tanggal                                  such as, the date that the companies
                 perusahaan         berkomitmen      untuk                              commit to purchase or sell the assets.
                 membeli atau menjual aset.
              b. Aset keuangan dan liabilitas keuangan                            b.    Financial assets and liabilities are
                  pada awalnya diukur pada nilai                                        initially recognized at fair value. For
                  wajarnya. Dalam hal aset keuangan                                     the cases where financial assets and
                  atau liabilitas keuangan tidak diukur                                 liabilities are not measured at fair
                  pada nilai wajar melalui laporan laba                                 value through profit or loss, the fair
                  rugi, nilai wajar tersebut ditambah                                   value is increased by transaction costs
                  biaya       transaksi     yang     dapat                              that can be directly attributed. The
                  diatribusikan       secara     langsung.                              subsequent measurement of financial
                  Pengukuran aset keuangan dan                                          assets and liabilities depends on their
                  liabilitas keuangan setelah pengakuan                                 classification.
                  awal tergantung pada klasifikasinya.

             Biaya transaksi hanya meliputi biaya-biaya                            Transaction costs only include costs that
             yang dapat diatribusikan secara langsung                              are directly attributable to the acquisition of
             untuk perolehan suatu aset keuangan atau                              a financial asset or issuance of a financial
             penerbitan suatu liabilitas keuangan dan                              liability and an additional charge that would
             merupakan biaya tambahan yang tidak akan                              not occur if the financial instrument is not
             terjadi apabila instrumen keuangan tersebut                           acquired or issued. For financial assets,
             tidak diperoleh atau diterbitkan. Untuk aset                          transaction costs are added to the amount
             keuangan, biaya transaksi ditambahkan                                 recognized in the initial recognition of the
             pada jumlah yang diakui pada awal                                     asset, while for financial liabilities,
             pengakuan aset, sedangkan untuk liabilitas                            transaction costs are deducted from the
             keuangan, biaya transaksi dikurangkan dari                            amount of debt recognized on initial




                                                           - 34 -
Page 525
PT BANK KB BUKOPIN TBK                                                                               PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                             AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                       Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                  For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                        (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                               otherwise stated)
lain)


2.   Informasi        Kebijakan     Akuntansi       Material              2.    Material    Accounting           Policy      Information
     (lanjutan)                                                                 (continued)

     d.    Aset dan liabilitas keuangan (lanjutan)                              d.    Financial assets and liabilities (continued)

          (ii) Pengukuran awal (lanjutan)                                             (ii) Initial recognition (continued)

              jumlah utang yang diakui pada pengakuan                                      recognition of a liability. The transaction
              awal liabilitas. Biaya transaksi tersebut                                    costs are amortized over the terms of the
              diamortisasi    selama   umur    instrumen                                   instrument based on the effective interest
              berdasarkan metode suku bunga efektif dan                                    rate method and recorded as part of
              dicatat sebagai bagian dari pendapatan                                       interest income for transaction costs
              bunga untuk biaya transaksi sehubungan                                       related to the financial asset or as part of
              dengan aset keuangan atau sebagai bagian                                     interest expense for transaction costs
              dari beban bunga untuk biaya transaksi                                       related to financial liabilities.
              sehubungan dengan liabilitas keuangan.

              Grup, pada pengakuan awal, dapat                                             The Group, upon initial recognition, may
              menetapkan aset keuangan dan liabilitas                                      designate certain financial assets and
              keuangan tertentu sebagai nilai wajar                                        liabilities, at fair value through profit or loss
              melalui laba rugi (opsi nilai wajar). Opsi nilai                             (fair value option). The fair value option is
              wajar dapat digunakan hanya bila                                             only applied when the following conditions
              memenuhi ketetapan sebagai berikut:                                          are met:
              •   penetapan sebagai opsi nilai wajar                                       • the application of the fair value option
                  mengurangi        atau      mengeliminasi                                  reduces or eliminates an accounting
                  (accounting mismatch) yang dapat                                           mismatch that would otherwise arise; or
                  timbul; atau
              •   aset keuangan dan liabilitas keuangan                                    • the financial assets and liabilities are
                  merupakan bagian dari portofolio                                           part of a portfolio of financial
                  instrumen keuangan yang risikonya                                          instruments, the risks of which are
                  dikelola     dan    dilaporkan   kepada                                    managed and reported to key
                  manajemen kunci berdasarkan nilai                                          management on a fair value basis; or
                  wajar; atau
              •   aset keuangan dan liabilitas keuangan                    •               • the financial assets and liabilities
                  terdiri dari kontrak utama dan derivatif                                   consist of a host contract and an
                  melekat yang harus dipisahkan, tetapi                                      embedded derivative that must be
                  tidak dapat mengukur derivatif melekat                                     bifurcated, but unable to measure the
                  secara terpisah.                                                           embedded derivative separately.

          (iii) Pengukuran setelah pengakuan awal                                     (iii) Subsequent measurement

              a. Aset keuangan dan liabilitas keuangan                                     a. Fair value through other comprehensive
                 dalam kelompok nilai wajar melalui                                            income financial assets and financial
                 penghasilan komprehensif lain yang                                            liabilities measured at fair value through
                 diukur pada nilai wajar melalui laporan                                       profit or loss are subsequently
                 laba rugi diukur pada nilai wajarnya.                                         measured at fair value.
              b. Aset keuangan dan liabilitas keuangan                               c.    b. Financial assets and other financial
                 lainnya yang diukur pada biaya                                               liabilities which are measured at
                 perolehan diamortisasi, diukur pada                                          amortized cost, are measured at
                 biaya perolehan diamortisasi dengan                                          amortized cost using the effective
                 menggunakan metode suku bunga                                                interest method.
                 efektif.

           (iv) Penghentian pengakuan                                                 (iv) Derecognition

               a. Aset      keuangan              dihentikan               a.             a. Financial assets are derecognized when:
                  pengakuannya jika:
                                                                           b.
                  -   Hak kontraktual atas arus kas yang                                      -   The contractual rights to receive
                      berasal dari aset keuangan tersebut                                         cashflows from the financial assets
                      berakhir; atau                                                              have expired; or



                                                                 - 35 -
Page 526
PT BANK KB BUKOPIN TBK                                                                              PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                            AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                      Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                 For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                       (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                              otherwise stated)
lain)


2.   Informasi         Kebijakan       Akuntansi       Material          2.    Material    Accounting           Policy     Information
     (lanjutan)                                                                (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                              d.   Financial assets and liabilities (continued)

          (iv) Penghentian pengakuan (lanjutan)                                     (iv) Derecognition (continued)

             a. Aset      keuangan            dihentikan                  c.              a. Financial assets       are   derecognized
                pengakuannya jika: (lanjutan)                                                when: (continued)

                   -    Grup     mentransfer       hak  untuk                        -       -   The Group has transferred its rights
                        menerima arus kas yang berasal                                           to receive cash flows from the
                        dari     aset      keuangan      atau                                    financial assets or has assumed an
                        menanggung         liabilitas   untuk                                    obligation to pay the received cash
                        membayarkan arus kas yang                                                flows in full without material delay to
                        diterima tersebut secara penuh                                           a third party under a pass through
                        tanpa penundaan berarti kepada                                           arrangement; and
                        pihak       ketiga       di    bawah
                        kesepakatan pelepasan; dan
                   -    antara (a) Grup telah mentransfer                                   -    either (a) the Group has transferred
                        secara substansial seluruh risiko dan                                    substantially all the risks and
                        manfaat atas aset, atau                                                  rewards of the asset, or
                   -    (b) Grup tidak mentransfer maupun                                   -    (b) the Group has neither transferred
                        tidak memiliki secara substansial                                        nor retained substantially all the risks
                        seluruh risiko dan manfaat atas aset,                                    and rewards of the asset, but has
                        namun telah mentransfer kendali                                          transferred control of the asset.
                        atas aset.

                       Ketika Grup telah mentransfer hak                                    When the Group has transferred its
                       untuk menerima arus kas dari aset                                    rights to receive cash flows from an
                       atau     di    bawah       kesepakatan                               asset or has entered into a pass-through
                       pelepasan, dan tidak mentransfer                                     arrangement, and has neither transferred
                       serta tidak mempertahankan secara                                    nor retained substantially all risks and
                       substansial seluruh risiko dan manfaat                               rewards of the asset nor transferred
                       atas aset dan masih memiliki                                         control of the asset, the asset is
                       pengendalian atas aset, aset diakui                                  recognized to the extent of the Group’s
                       sebesar keterlibatan Grup yang                                       continuing involvement in the asset.
                       berkelanjutan atas aset tersebut.

                       Kredit yang diberikan atau aset                                      Loans or other financial assets are
                       keuangan lain dihapusbukukan ketika                                  written off when there is no realistic
                       tidak terdapat prospek yang realistis                                prospect of collection in the near future
                       mengenai pengembalian kredit dalam                                   or the normal relationship with the
                       waktu dekat atau hubungan normal                                     borrowers has ceased to exist. When a
                       dengan debitur telah berakhir. Kredit                                loan is deemed uncollectible, it is written
                       yang      tidak    dapat     dilunasi                                off against the related allowance for
                       dihapusbukukan dengan mendebit                                       impairment losses.
                       cadangan kerugian penurunan nilai.

              b.       Liabilitas   keuangan         dihentikan                          b. Financial liabilities are derecognized
                       pengakuannya jika liabilitas keuangan                                when they are extinguished, i.e. liabilities
                       tersebut berakhir, yaitu ketika liabilitas                           stated in the contract are released or
                       yang ditetapkan dalam kontrak                                        cancelled or have expired.
                       dilepaskan atau dibatalkan atau
                       kedaluwarsa.




                                                                - 36 -
Page 527
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)


2.   Informasi     Kebijakan     Akuntansi        Material          2.   Material    Accounting         Policy      Information
     (lanjutan)                                                          (continued)

     d.   Aset dan liabilitas keuangan (lanjutan)                        d.   Financial assets and liabilities (continued)

          (iv) Penghentian pengakuan (lanjutan)                               (iv) Derecognition (continued)

                   Jika suatu liabilitas keuangan yang                               Where an existing financial liability is
                   ada digantikan dengan yang lain oleh                              replaced by another from the same
                   pemberi pinjaman yang sama pada                                   lender on substantially different terms, or
                   keadaan yang secara substansial                                   the terms of an existing liability are
                   berbeda, atau berdasarkan suatu                                   substantially modified, such an exchange
                   liabilitas yang ada yang secara                                   or     modification    is    treated      as
                   substansial telah diubah, seperti                                 derecognition of the original liability and
                   pertukaran atau modifikasi yang                                   the recognition of a new liability, and the
                   diperlakukan sebagai penghentian                                  difference in the respective carrying
                   pengakuan      liabilitas awal   dan                              amounts      is    recognized      in    the
                   pengakuan      liabilitas baru,  dan                              consolidated statement of profit and loss
                   perbedaan nilai tercatat masing-                                  and other comprehensive income.
                   masing diakui dalam laporan laba rugi
                   dan penghasilan komprehensif lain
                   konsolidasian.

          (v) Pengakuan pendapatan dan beban                                  (v) Income and expense recognition

              a. Pendapatan dan beban bunga atas                              a.   a. Interest income and expense on
                 aset keuangan yang diukur pada                                       financial assets measured at fair value
                 nilai   wajar      melalui  penghasilan                              through other comprehensive income as
                 komprehensif lain serta aset keuangan                                well as financial assets and financial
                 dan     liabilitas    keuangan    yang                               liabilities recorded at amortized cost are
                 dicatat berdasarkan biaya perolehan                                  recognized       in    the    consolidated
                 diamortisasi, diakui pada laporan laba                               statement of profit or loss using the
                 rugi konsolidasi dengan menggunakan                                  effective interest method.
                 metode suku bunga efektif.

                  Jumlah tercatat bruto aset keuangan                                 The gross carrying amount of a financial
                  adalah biaya perolehan diamortisasi                                 asset is the amortized cost of a financial
                  aset keuangan sebelum disesuaikan                                   asset before adjusting for allowance for
                  dengan cadangan penurunan nilai.                                    impairment.

                  Dalam menghitung pendapatan dan                                     In calculating interest income and
                  beban bunga, tingkat bunga efektif                                  expenses, the effective interest rate is
                  diterapkan pada jumlah tercatat bruto                               applied to the gross carrying amount of
                  aset (ketika aset tersebut bukan aset                               an asset (when the asset is not a
                  keuangan memburuk) atau terhadap                                    deteriorated financial asset) or to the
                  biaya perolehan diamortisasi dari                                   amortized cost of a liability.
                  liabilitas.

                  Untuk aset keuangan yang telah                                      For financial assets that have
                  memburuk pada saat pengakuan awal,                                  deteriorated at initial recognition,
                  pendapatan bunga dihitung dengan                                    interest income is calculated by
                  menerapkan tingkat bunga efektif                                    applying the effective interest rate to the
                  terhadap biaya perolehan diamortisasi                               amortized cost of the financial assets. If
                  dari aset keuangan tersebut. Jika aset                              the asset no longer deteriorates, the
                  tersebut tidak lagi memburuk, maka                                  calculation of interest income will still be
                  perhitungan pendapatan bunga akan                                   calculated by applying the effective
                  tetap dihitung dengan menerapkan                                    interest rate to the amortized cost of the
                  tingkat bunga efektif terhadap biaya                                financial asset.
                  perolehan diamortisasi dari aset
                  keuangan tersebut.




                                                           - 37 -
Page 528
PT BANK KB BUKOPIN TBK                                                                           PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                         AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                   Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                              For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                    (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                           otherwise stated)
lain)


2.   Informasi      Kebijakan      Akuntansi       Material            2.   Material    Accounting          Policy     Information
     (lanjutan)                                                             (continued)
     d.   Aset dan liabilitas keuangan (lanjutan)                           d.    Financial assets and liabilities (continued)

          (v) Pengakuan      pendapatan      dan     beban                       (v) Income      and       expense       recognition
              (lanjutan)                                                             (continued)

                  Untuk aset keuangan yang memburuk                                        For financial assets that deteriorated
                  setelah pengakuan awal, pendapatan                                       after initial recognition, interest income
                  bunga dihitung dengan menerapkan                                         is calculated by applying an effective
                  tingkat bunga efektif terhadap biaya                                     interest rate to the amortized cost of
                  perolehan     diamortisasi    dari   aset                                the financial assets. If the asset no
                  keuangan tersebut. Jika aset tersebut                                    longer deteriorates, the calculation of
                  tidak lagi memburuk, maka perhitungan                                    interest income will be calculated by
                  pendapatan bunga akan dihitung                                           applying an effective interest rate to
                  dengan menerapkan tingkat bunga                                          the gross carrying amount of the
                  efektif terhadap nilai tercatat bruto dari                               financial asset.
                  aset keuangan tersebut.

              b. Keuntungan dan kerugian yang timbul                               c. b.   Gains and losses arising from
                 dari perubahan nilai wajar atas aset                                      changes in fair value of financial
                 keuangan yang diklasifikasikan dalam                                      assets measured at fair value through
                 kelompok diukur pada nilai wajar                                          other comprehensive income are
                 melalui penghasilan komprehensif lain                                     recognized directly in the statement of
                 diakui     secara     langsung   dalam                                    comprehensive income (as part of
                 laporan     laba    rugi   komprehensif                                   equity) until the financial assets are
                 (merupakan bagian dari ekuitas) sampai                                    derecognized or impaired, except for
                 aset keuangan tersebut dihentikan                                         the gain or loss resulting from the
                 pengakuannya atau adanya penurun                                          change in exchange rates for debt
                 nilai, kecuali keuntungan atau kerugian                                   instruments.
                 akibat perubahan nilai tukar untuk
                 instrumen utang.

             Pada saat aset keuangan dihentikan                                       When a financial asset is derecognized or
             pengakuannya atau dilakukan penurunan                                    impaired, the cumulative gains or losses
             nilai, keuntungan atau kerugian kumulatif                                previously recognized in equity are
             yang sebelumnya diakui dalam ekuitas                                     recognized in profit or loss.
             harus diakui pada laporan laba rugi.

          (vi) Reklasifikasi aset keuangan                                       (vi) Reclassification of financial assets

             Grup mereklasifikasi aset keuangan jika                                 The Group reclassifies financial assets if
             dan hanya jika, model bisnis untuk                                      and only if, the business model for
             pengelolaan aset keuangan berubah.                                      managing financial assets changes.

             Reklasifikasi aset keuangan dari klasifikasi                            Reclassifications of financial assets from
             biaya perolehan yang diamortisasi ke                                    amortized cost classifications to fair value
             klasifikasi nilai wajar melalui laba rugi                               through profit or loss are recorded at fair
             dicatat sebesar nilai wajarnya. Selisih                                 value. The difference between the recorded
             antara nilai tercatat dengan nilai wajar                                value and fair value is recognized in profit or
             diakui sebagai keuntungan atau kerugian                                 loss on the statement of profit or loss and
             pada laba rugi komprehensif.                                            other comprehensive income.

             Reklasifikasi aset keuangan dari klasifikasi                            Reclassifications of financial assets from
             biaya perolehan yang diamortisasi ke                                    amortized cost classifications to fair value
             klasifikasi nilai wajar melalui penghasilan                             classifications through other comprehensive
             komprehensif lain dicatat sebesar nilai                                 income are recorded at their fair values.
             wajarnya.

             Reklasifikasi      aset      keuangan     dari                          Reclassification of financial assets from
             klasifikasi nilai wajar melalui penghasilan                             fair value classification through other
             komprehensif lain ke klasifikasi nilai wajar                            comprehensive income to fair value
             melalui laba rugi dicatat pada nilai wajar.                             classification through profit or loss is
             Keuntungan atau kerugian yang belum                                     recorded at fair value. Unrealized gains or
             direalisasi direklasifikasi ke laba rugi.                               losses are reclassified to profit or loss.


                                                              - 38 -
Page 529
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)


2.   Informasi      Kebijakan      Akuntansi      Material         2.   Material    Accounting         Policy     Information
     (lanjutan)                                                         (continued)
     d.   Aset dan liabilitas keuangan (lanjutan)                       d.   Financial assets and liabilities (continued)

          (vi) Reklasifikasi aset keuangan (lanjutan)                        (vi) Reclassification    of    financial    assets
                                                                                  (continued)

               Reklasifikasi aset keuangan dari klasifikasi                       Reclassifications of financial assets from
               nilai    wajar      melalui    penghasilan                         fair value through other comprehensive
               komprehensif lain ke klasifikasi biaya                             income to the amortized cost is recorded at
               perolehan yang diamortisasi dicatat pada                           fair value at the date of reclassification.
               nilai wajarnya pada tanggal reklasifikasi.                         Unrealized gain or losses are removed
               Keuntungan atau kerugian yang belum                                from equity and are adjusted againts the
               direalisasi dihapus dari ekuitas dan                               fair value.
               disesuaikan terhadap nilai wajar.

               Reklasifikasi aset keuangan dari klasifikasi                       Reclassifications of financial assets from
               nilai wajar melalui laba rugi ke                                   fair value through profit or loss to amortized
               klasifikasi nilai wajar melalui penghasilan                        cost classification is recorded at fair value.
               komprehensif lain dicatat pada wajar.

          (vii) Saling hapus                                                 (vii) Offsetting

               Aset keuangan dan liabilitas keuangan                             Financial assets and liabilities are offset
               dilakukan saling hapus dan nilai bersihnya                        and the net amount is presented in the
               disajikan dalam laporan posisi keuangan                           consolidated statement of financial position
               konsolidasian jika, dan hanya jika, Grup                          when, and only when, the Group has a
               memiliki hak yang berkekuatan hukum                               legal right to offset the amounts and intends
               untuk melakukan saling hapus atas jumlah                          either to settle on a net basis or to realize
               yang telah diakui tersebut dan adanya                             the asset and settle the liability
               maksud untuk menyelesaikan secara neto                            simultaneously.
               atau untuk merealisasikan aset dan
               menyelesaikan       liabilitasnya   secara
               simultan.

               Hal yang berkekuatan hukum harus tidak                             The legal enforceable right must not be
               kontinjen atas peristiwa di masa depan                             contingent on future events and must be
               dan harus dapat dipaksakan di dalam                                enforceable in the normal course of
               situasi bisnis yang normal, peristiwa                              business and in the event of default,
               kegagalan atau kebangkrutan dari entitas                           insolvency or bankruptcy of the company
               atas seluruh pihak lawan.                                          or the counterparty.

               Pendapatan dan beban disajikan dalam                               Income and expenses are presented on a
               jumlah bersih hanya jika diperkenankan                             net basis only when permitted by the
               oleh Standar Akuntansi Keuangan.                                   Financial Accounting Standards.

          (viii) Pengukuran biaya diamortisasi                               (viii) Amortized cost measurement

               Biaya perolehan diamortisasi dari aset                             The amortized cost of a financial asset or
               atau liabilitas keuangan adalah jumlah aset                        liability is the amount at which the financial
               atau liabilitas keuangan yang diukur pada                          asset or liability is measured at initial
               saat      pengakuan      awal     dikurangi                        recognition, minus principal repayments,
               pembayaran pokok pinjaman, ditambah                                plus       or    minus    the   cummulative
               atau    dikurangi    amortisasi   kumulatif                        amortization using the effective interest
               menggunakan metode suku bunga efektif                              rate method of any difference between the
               yang dihitung dari selisih antara nilai                            initial amount recognized and the maturity
               pengakuan awal dan nilai jatuh temponya,                           amount, minus any reduction for
               dan dikurangi penurunan nilai.                                     impairment.

               Nilai wajar adalah harga yang akan                                 Fair value is the price that would be
               diterima untuk menjual suatu aset atau                             received to sell an asset or paid to transfer
               harga     yang     akan     dibayar   untuk                        a liability in an orderly transaction between
               mengalihkan      suatu    liabilitas dalam                         market participants at the measurement
               transaksi teratur antara pelaku pasar pada                         date.
               tanggal pengukuran.


                                                          - 39 -
Page 530
PT BANK KB BUKOPIN TBK                                                                             PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                           AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                     Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                      (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                             otherwise stated)
lain)


2.   Informasi       Kebijakan      Akuntansi     Material           2.       Material    Accounting        Policy      Information
     (lanjutan)                                                               (continued)
     d.   Aset dan liabilitas keuangan (lanjutan)                             d. Financial assets and liabilities (continued)

          (viii) Pengukuran biaya diamortisasi (lanjutan)                        (viii) Amortized cost measurement (continued)

              Pengukuran nilai wajar mengasumsikan                                     Fair value measurement assumes that
              bahwa transaksi untuk menjual aset atau                                  transaction to sell assets or transfer a
              mengalihkan liabilitas terjadi:                                          liability take place:

              •      di pasar utama untuk aset dan                                 •   •   in the principal market for the assets
                     liabilitas tersebut; atau                                             and liabilities; or
              •      jika tidak terdapat pasar utama,                              •   •   in the absence of a principal market, in
                     dipasar yang paling menguntungkan                                     the most advantageous market for the
                     untuk aset atau liabilitas tersebut.                                  asset or liability.

          (ix) Pengukuran nilai wajar                                            (ix) Fair value measurement

              Nilai wajar suatu aset atau liabilitas diukur                            The fair value of an asset or a liability is
              menggunakan       asumsi      yang      akan                             measured using the assumptions that
              digunakan      pelaku      pasar       ketika                            market participants would use when
              menentukan harga aset dan liabilitas                                     determining the price of the asset and
              tersebut dengan asumsi bahwa pelaku                                      liability assuming that market participants
              pasar bertindak dalam kepentingan                                        act in their own economic best interest.
              ekonomi terbaiknya.

              Nilai wajar atas pinjaman yang diberikan                                 The fair value for loans and receivables as
              dan piutang, serta liabilitas kepada bank                                well as liabilities to banks and customers
              dan nasabah ditentukan menggunakan                                       are determined using a present value
              nilai berdasarkan arus kas kontraktual,                                  model on the basis of contractually agreed
              dengan mempertimbangkan kualitas kredit,                                 cash flows, taking into account credit
              likuiditas dan biaya.                                                    quality, liquidity and costs.

              Semua aset dan liabilitas dimana nilai                                   All assets and liabilities for which fair value
              wajar diukur atau diungkapkan dalam                                      is measured or disclosed in the
              laporan keuangan konsolidasian dapat                                     consolidated financial statements are
              dikategorikan pada level hierarki nilai                                  classified within fair value hierarchy, based
              wajar,    berdasarkan     tingkatan input                                on the lowest level input that is significant
              terendah yang signifikan atas pengukuran                                 to the fair value measurement as a whole:
              nilai wajar secara keseluruhan:

               • Level 1: harga kuotasian (tanpa                                       • Level 1: quoted (unadjusted) market
                 penyesuaian) di pasar aktif untuk aset                                  prices in active markets for identical
                 atau liabilitas yang identik yang dapat                                 assets or liabilities accessible at the
                 diakses pada tanggal pengukuran.                                        measurement date.
               • Level 2: input selain harga kuotasian                    •            • Level 2: inputs other than quoted prices
                 yang termasuk dalam level 1 yang                                        included in level 1 for the asset and
                 dapat diobservasi untuk aset dan                                        liability, which is directly or indirectly
                 liabilitas, baik secara langsung atau                                   observable.
                 tidak langsung.
               • Level 3: input yang tidak dapat                          •            • Level 3: unobservable inputs for the
                 diobservasi untuk aset dan liabilitas.                                  asset and liability.

                  Metode dan asumsi signifikan yang                                    The methods and significant assumptions
                  digunakan untuk menentukan nilai wajar                               used to determine the fair value of financial
                  dari instrumen keuangan adalah sebagai                               instruments are as follows: (i) where
                  berikut: (i) jika tersedia, Grup mengukur                            available, the Group measures the fair
                  nilai wajar instrumen keuangan dengan                                value of financial instruments using quoted
                  menggunakan harga kuotasi di pasar aktif                             prices in an active market for that
                  untuk instrumen tersebut, atau (ii) jika                             instrument, or (ii) if the market is for a
                  pasar untuk suatu instrumen keuangan                                 financial instrument is inactive, the Group
                  tidak aktif, Grup menentukan nilai wajar                             determines fair value using valuation model
                  dengan menggunakan model penilaian                                   that most appropriately reflects the nature,




                                                            - 40 -
Page 531
PT BANK KB BUKOPIN TBK                                                                             PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                           AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                     Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                      (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                             otherwise stated)
lain)



2.   Informasi       Kebijakan        Akuntansi     Material             2.   Material    Accounting           Policy   Information
     (lanjutan)                                                               (continued)
     d.   Aset dan liabilitas keuangan (lanjutan)                             d.   Financial assets and liabilities (continued)

          (ix) Pengukuran nilai wajar (lanjutan)                                   (ix) Fair value measurement (continued)

                  yang paling tepat mencerminkan sifat,                                characteristics and risks of each financial
                  karakteristik dan risiko dari masing-                                instrument. In addition, when using quoted
                  masing instrumen keuangan. Selain itu,                               prices obtained from third parties, the
                  ketika menggunakan harga kuotasian                                   Group verifies whether the prices are valid
                  yang diperoleh dari pihak ketiga, Grup                               using appropriate methods, such as
                  memverifikasi apakah harga tersebut valid                            confirming the valuation techniques and
                  dengan menggunakan metode yang                                       inputs used and comparing them with the
                  tepat, seperti konfirmasi teknik penilaian                           fair value of similar financial instruments.
                  dan     input   yang    digunakan     dan
                  membandingkannya dengan nilai wajar
                  instrumen keuangan serupa.

                  Untuk aset dan liabilitas yang diakui pada                           For assets and liabilities that are recognized
                  laporan keuangan konsolidasian secara                                in the consolidated financial statements
                  berulang, Grup menentukan apakah                                     on a recurring basis, Group determines
                  terjadi transfer antara level di dalam                               whether transfers have occured between
                  hierarki dengan cara mengevaluasi                                    levels in the hierarchy by re-assessing
                  kategori (berdasarkan input level terendah                           categorisation (based on the lowest level
                  yang signifikan dalam pengukuran nilai                               input that is significant to the fair value
                  wajar) setiap akhir periode pelaporan.                               measurement as a whole) at the end of
                                                                                       each reporting period.

          (x)   Investasi pada sukuk                                               (x)
                                                                                    (xi) Investment in sukuk

                  Grup menerapkan PSAK 410 (Revisi                                     The Group has applied SFAS 410 (Revised
                  2020) “Akuntansi Sukuk”. PSAK 410                                    2020) “Accounting for Sukuk”. SFAS 410
                  ini mengatur mengenai pengakuan,                                     establishes the recognition, measurement,
                  pengukuran,       penyajian,        dan                              presentation, and disclosures of sukuk
                  pengungkapan transaksi sukuk Ijarah dan                              Ijarah and sukuk mudharabah transactions.
                  sukuk mudharabah.

                  Pengakuan dan Pengukuran                                             Recognition and Measurement

                  Sebelum       pengakuan    awal,   Grup                              Before the initial recognition, the Group
                  menentukan klasifikasi investasi pada                                determines the classification of investment
                  sukuk berdasarkan tujuan investasi Grup.                             in sukuk based on the purpose of the
                  Klasifikasi dalam investasi pada sukuk                               Groups’ investment. The classification of
                  terdiri dari:                                                        investment in sukuk comprises of:

                  - Biaya perolehan                                                    - Acquisition cost

                    Apabila investasi tersebut dimiliki dalam                            If the investment is held within a business
                    suatu model usaha yang bertujuan                                     entity that aims to acquire assets in order
                    utama untuk memperoleh arus kas                                      to collect contractual cash flows and there
                    kontraktual dan terdapat persyaratan                                 is a contractual requirement to determine
                    kontraktual dalam menentukan tanggal                                 the specific date of principal payments
                    tertentu pembayaran pokok dan/atau                                   and/or the result.
                    hasilnya.

                    Pada saat pengukuran awal, investasi                                 At the initial measurement, the investment
                    dicatat sebesar biaya perolehan dan                                  is recorded at acquisition cost which
                    biaya perolehan ini termasuk biaya                                   includes the transaction cost. After the
                    transaksi. Setelah pengakuan awal,                                   initial recognition, the investment in sukuk
                    investasi pada sukuk ini diukur pada                                 is measured at amortized cost. The
                    nilai perolehan yang diamortisasi.                                   difference between acquisition cost and
                    Selisih antara biaya perolehan dan nilai                             nominal value is amortized using straight
                    nominal diamortisasi secara garis lurus                              line method during the term of the sukuk
                    selama jangka waktu instrumen sukuk.                                 instrument.



                                                                - 41 -
Page 532
PT BANK KB BUKOPIN TBK                                                                            PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                          AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                    Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                               For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                     (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                            otherwise stated)
lain)



2.   Informasi         Kebijakan      Akuntansi       Material         2.    Material    Accounting                Policy        Information
     (lanjutan)                                                              (continued)
     d.   Aset dan liabilitas keuangan (lanjutan)                            d.          Financial assets and liabilities (continued)

          (x) Investasi pada sukuk (lanjutan)                                            (x)
                                                                                          (xii)Investment in sukuk (continued)

              - Nilai wajar melalui laba rugi                                        -      - Fair value through profit or loss

                   Pada saat pengakuan awal, investasi                                        At the initial recognition, the investment in
                   pada sukuk dalam klasifikasi ini dicatat                                   sukuk in this classification is recorded at
                   sebesar harga perolehan, namun harga                                       acquisition cost which does not include
                   perolehan tersebut tidak termasuk biaya                                    transaction cost.
                   transaksi.

                   Setelah pengakuan awal, investasi diakui                                   After initial recognition, the investment is
                   pada nilai wajar. Selisih antara nilai wajar                               recognized at fair value. The difference
                   dan jumlah tercatat diakui dalam laba                                      between fair value and recorded amount
                   rugi.                                                                      is recognized in profit or loss.

             - Nilai  wajar      melalui          penghasilan                               - Fair value through other comprehensive
               komprehensif lain                                                              income

                   Pada saat pengakuan awal, investasi                                        At initial recognition, the investment in
                   pada sukuk dalam klasifikasi ini dicatat                                   sukuk in this classification is recorded at
                   sebesar harga perolehan dan biaya                                          acquisition cost which includes transaction
                   perolehan ini termasuk biaya transaksi.                                    cost.
                                                                                     •
                   Setelah pengakuan awal, investasi diakui                          •        After initial recognition, the investment is
                   pada nilai wajar. Selisih antara nilai wajar                               recognized at fair value. The difference
                   dan jumlah tercatat diakui dalam                                           between fair value and recorded amount
                   penghasilan komprehensif lain. Selisih                                     is recognized in other comprehensive
                   antara biaya perolehan dan nilai nominal                                   income.       The     difference    between
                   diamortisasi secara garis lurus selama                                     acquisition cost and nominal value is
                   jangka waktu instrumen sukuk dan diakui                                    amortized using straight line method
                   dalam laba rugi.                                                           during the term of the sukuk instrument
                                                                                              and recognized in profit or loss.
                                                                                     •
              Nilai wajar investasi ditentukan dengan                                      • Fair value on investment is determined
              mengacu pada hierarki sebagai berikut:                                          according to following hierarchy:
                                                                                           •
              i.  harga kuotasi (tanpa penyesuaian) di                                     • i. quoted price (excluding any adjustment)
                  pasar aktif, atau                                                               in active market, or
              ii. input selain harga kuotasi yang                                        iii. ii. input other than quoted price included in
                  termasuk dalam huruf (i).                                                       letter (i).
                                                                                 •
              Untuk investasi pada sukuk yang                                    •          For investment in sukuk classified as at
              diklasifikasikan sebagai diukur pada biaya                                    acquistion cost and at fair value through other
              perolehan      dan   nilai  wajar    melalui                                  comprehensive income, if there is an
              penghasilan      komprehensif   lain,   jika                                  indication of impairment, the Group measures
              terdapat indikasi penurunan nilai, maka                                       the recoverable amount. If the recoverable
              Grup mengukur jumlah terpulihkannya. Jika                                     amount is less than recorded amount, the
              jumlah terpulihkan lebih kecil daripada                                       Group recognizes the impairment losses.
              jumlah tercatat, maka Grup mengakui                                           Recoverable amount represents the amount
              rugi penurunan nilai. Jumlah terpulihkan                                      which will be recoverable from the principal
              merupakan jumlah yang akan diperoleh                                          repayment regardless of its present value.
              dari      pengembalian     pokok      tanpa
              memperhitungkan nilai kininya.

             Penyajian                                                                      Presentation

             Pendapatan investasi dan beban amortisasi                                     • Investment income and amortization
             disajikan secara neto dalam laba rugi.                                          expense are presented in net amount in the
                                                                                             profit or loss.
                                                                            b.


                                                              - 42 -
Page 533
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)



2.   Informasi       Kebijakan     Akuntansi       Material        2.   Material    Accounting         Policy      Information
     (lanjutan)                                                         (continued)
     d.   Aset dan liabilitas keuangan (lanjutan)                       d.   Financial assets and liabilities (continued)

          (x)    Investasi pada sukuk (lanjutan)                             (x)
                                                                              (x) Investment in sukuk (continued)

                Reklasifikasi                                                •   Reclassification

                Grup tidak dapat mengubah klasifikasi                        •   The Group cannot change investment
                investasi, kecuali terdapat perubahan                            classification unless there is a change in
                tujuan model usaha. Model usaha yang                             the business model purpose. Business
                bertujuan untuk memperoleh arus kas                              model that is intended to collect contractual
                kontraktual    didasarkan    pada    tujuan                      cash flow is based on the investment
                investasi yang ditentukan oleh Grup. Arus                        purpose set by the Group. The underlying
                kas kontraktual yang dimaksud adalah arus                        contractual cash flow is the cash flow from
                kas bagi hasil dan pokok dari sukuk                              revenue sharing and principal of sukuk
                mudharabah atau arus kas imbalan (ujrah)                         mudharabah or benefit cash flow (ujrah)
                dari sukuk Ijarah. Setelah pengakuan awal,                       from sukuk Ijarah. After initial recognition, if
                jika aktual berbeda dengan tujuan investasi                      the actual differs from established
                yang telah ditetapkan, maka Grup                                 investment      objectives,      the    Group
                menelaah kembali konsistensi tujuan                              reassesses the consistency of its
                investasinya.                                                    investment objectives.

     e.   Kas dan setara kas                                            e.   Cash and cash equivalents

          Untuk tujuan penyajian laporan arus kas                            For consolidated statement of cash flows
          konsolidasian, kas dan setara kas terdiri atas                     presentation purposes, cash and cash
          kas, giro pada Bank Indonesia, giro pada Bank                      equivalents consists of cash, current accounts
          lain, dan penempatan pada Bank Indonesia dan                       with Bank Indonesia, current accounts with
          Bank lain yang jatuh tempo dalam 3 (tiga) bulan                    other Banks, and placements with Bank
          atau kurang sejak tanggal perolehan yang tidak                     Indonesia and other Banks with original
          dijaminkan atau dibatasi penggunaannya.                            maturities of 3 (three) months or less from the
                                                                             acquisition date, which are not pledged as
                                                                             collateral or restricted for use.

     f.   Giro pada Bank Indonesia dan bank lain                        f.   Current accounts with Bank Indonesia and
                                                                             other banks

          Giro pada Bank Indonesia dan bank lain pada                        Current accounts with Bank Indonesia and
          pengakuan awal diukur pada nilai wajar                             other banks are initially measured at fair value
          ditambah     biaya    transaksi    yang dapat                      plus directly attributable transaction costs, if
          diatribusikan secara langsung, jika ada, dan                       any, and subsequently measured at their
          selanjutnya diukur sebesar biaya perolehan                         amortized cost using effective interest rate
          diamortisasi dengan menggunakan metode                             method. The allowance for impairment losses is
          suku bunga efektif. Cadangan kerugian                              provided if there is an objective evidence of
          penurunan nilai dibentuk jika terdapat bukti                       impairment (Note 2o).
          objektif penurunan nilai (Catatan 2o).

     g.   Penempatan pada Bank Indonesia dan bank                       g. Placements with Bank Indonesia and other
          lain                                                             banks

          Penempatan pada Bank Indonesia dan Bank                            Placements with Bank Indonesia and other
          lain pada pengakuan awal diukur pada nilai                         Banks are initially measured at fair value plus
          wajar ditambah biaya transaksi yang dapat                          directly attributable transaction costs, if any,
          diatribusikan secara langsung, jika ada, dan                       and subsequently measured at their amortized
          selanjutnya diukur sebesar biaya perolehan                         cost using the effective interest rate method.
          diamortisasi dengan menggunakan metode                             The allowance for impairment losses is
          suku bunga efektif. Cadangan kerugian                              provided if there is an objective evidence of
          penurunan nilai dibentuk jika terdapat bukti                       impairment (Note 2o).
          objektif penurunan nilai (Catatan 2o).




                                                          - 43 -
Page 534
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)



2.   Informasi      Kebijakan      Akuntansi       Material         2.   Material    Accounting         Policy      Information
     (lanjutan)                                                          (continued)

     h.   Surat-surat berharga                                           h.   Marketable securities

          Surat-surat berharga terdiri dari Sertifikat Bank                   Marketable securities consist of Bank Indonesia
          Indonesia (SBI), wesel ekspor, obligasi                             Certificates (SBI), export bills, government
          pemerintah, obligasi korporasi, dan efek utang                      bonds, corporate bonds, and other debt
          Iainnya.                                                            marketable securities.

          Surat berharga syariah diklasifikasikan sebagai                     Sharia marketable securities are classified as
          diukur pada biaya perolehan yang diamortisasi.                      measured at amortized cost.

          Surat berharga pada awalnya disajikan sebesar                       Marketable securities are initially measured at
          nilai wajar. Setelah pengakuan awal, surat                          fair value. Subsequently, marketable securities
          berharga dicatat sesuai kategorinya, yaitu nilai                    are accounted according to their classification
          wajar melalui laba rugi, pada biaya perolehan                       as fair value through profit or loss, measured at
          diamortisasi dan nilai wajar melalui penghasilan                    amortized cost and fair value through other
          komprehensif lain.                                                  comprehensive income.

          Pengukuran surat-surat berharga dinyatakan                          Measurement of securities is stated based on
          berdasarkan klasifikasinya sebagai berikut:                         the classification of the securities as follows:

          1.   Surat-surat berharga diukur pada nilai                         1.   Marketable   securities  measured     at
               perolehan dicatat pada biaya perolehan                              amortized cost are carried at amortized
               yang diamortisasi menggunakan metode                                cost using the effective interest rate
               suku bunga efektif.                                                 method.
               Aset dapat dijual dari portofolio diukur pada                       Assets may be sold out of amortized cost
               nilai perolehan ketika terdapat peningkatan                         portfolios when there is an increase in
               risiko kredit. Penghentian untuk alasan lain                        credit risk. Disposals for other reasons are
               diperbolehkan namun jumlah penjualan                                permitted but such sales should be
               tersebut harus tidak signifikan jumlahnya                           insignificant in value or infrequent in
               atau tidak sering.                                                  nature.

          2.   Surat-surat berharga yang diklasifikasikan                3. 2.     Marketable securities which are classified
               sebagai    wajar     melalui   penghasilan                          under      fair    value   through     other
               komprehensif lain dinyatakan pada nilai                             comprehensive income are stated at fair
               wajar. Pendapatan bunga diakui dalam                                value. Interest income is recognized in the
               laporan laba rugi dan penghasilan                                   consolidated statement of profit or loss and
               komprehensif        lain      konsolidasian                         other comprehensive income using the
               menggunakan metode suku bunga efektif.                              effective     interest   method.     Foreign
               Laba atau rugi selisih kurs atas surat-surat                        exchange gains or losses on securities are
               berharga diakui pada laporan laba                                   recognized in the consolidated statement
               rugi dan penghasilan komprehensif lain                              of profit or loss and other comprehensive
               konsolidasian.                                                      income.

               Perubahan nilai wajar lainnya diakui                                Other fair value changes are recognized
               langsung dalam ekuitas sampai surat-                                directly in equity until the securities is sold
               surat berharga dijual atau mengalami                                or impaired, whereby the cumulative gains
               penurunan    nilai,  dimana      akumulasi                          and losses previously recognized in the
               keuntungan      dan      kerugian    yang                           equity are recognized in the consolidated
               sebelumnya diakui dalam ekuitas diakui                              statement of profit or loss and other
               dalam laporan laba rugi dan penghasilan                             comprehensive income.
               komprehensif lain konsolidasian.




                                                           - 44 -
Page 535
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)



2.   Informasi      Kebijakan     Akuntansi      Material         2.   Material    Accounting        Policy      Information
     (lanjutan)                                                        (continued)

     h.   Surat-surat berharga (lanjutan)                              h. Marketable securities (continued)

          3.   Surat-surat berharga dalam kategori nilai          4.        3.   Fair value through profit or loss marketable
               wajar melalui laba rugi dinyatakan pada                           securities are carried at fair value.
               nilai wajar.

               Keuntungan atau kerugian yang belum                               Unrealized gains or losses resulting from
               direalisasi akibat kenaikan atau penurunan                        changes in fair values are recognized in
               nilai wajarnya disajikan dalam laporan laba                       the current year consolidated statement of
               rugi dan penghasilan komprehensif lain                            profit or loss and other comprehensive
               konsolidasian tahun berjalan. Pendapatan                          income. The interest income from
               bunga dari surat-surat berharga dicatat                           marketable securities is recorded in the
               dalam laporan laba rugi dan penghasilan                           consolidated statement of profit or loss and
               komprehensif lain konsolidasian sesuai                            other comprehensive income according to
               dengan persyaratan dalam kontrak.                                 the terms of the contract.

     i.   Surat-surat berharga yang dibeli dengan                      i.   Marketable securities         purchased with
          janji dijual kembali dan surat-surat berharga                     agreements to resell          and marketable
          yang dijual dengan janji dibeli kembali                           securities sold with           agreements to
                                                                            repurchase

          Surat-surat berharga yang dibeli dengan janji                     Securities purchased under agreements to
          dijual kembali (reverse repo) diakui sebesar                      resell (reverse repo) are recognized as a repo
          harga jual kembali surat berharga yang                            receivable in the amount of the resale price of
          bersangkutan dikurangi pendapatan bunga                           the related securities, less unamortized interest.
          yang belum diamortisasi. Selisih antara harga                     The difference between purchase price and the
          beli dengan harga jual diperlakukan sebagai                       selling price is treated as unamortized interest
          pendapatan bunga yang belum diamortisasi                          and is recognized as interest income in
          dan diakui sebagai pendapatan bunga sesuai                        accordance with the period since the securities
          dengan jangka waktu surat berharga dibeli                         are purchased until they are resold by using
          hingga dijual kembali dengan menggunakan                          effective interest rate (EIR) method. The
          metode suku bunga efektif (EIR). Surat                            securities received are not recorded as assets
          berharga yang dibeli tidak dibukukan sebagai                      on the consolidated statements of financial
          aset    dalam    laporan   posisi   keuangan                      position because the ownership of the securities
          konsolidasian   karena    kepemilikan    surat                    remains with the seller. The allowance for
          berharga tetap berada pada pihak penjual.                         impairment losses is provided if there is an
          Cadangan kerugian penurunan nilai dibentuk                        objective evidence of impairment (Note 2o).
          jika terdapat bukti objektif penurunan nilai
          (Catatan 2o).

          Surat-surat berharga yang dibeli dengan janji                     Marketables securities purchased under
          untuk dijual kembali diklasifikasikan sebagai                     agreements to resell are classified as amortized
          biaya perolehan yang diamortisasi.                                cost.

          Surat-surat berharga yang dijual dengan janji                     Securities sold under repurchase (repo)
          dibeli kembali (repo) diakui sebesar harga                        agreements are recognized at the agreed
          pembelian kembali yang disepakati dikurangi                       repurchase price less unamortized interest. The
          beban bunga yang belum diamortisasi. Beban                        unamortized interest represents the difference
          bunga yang belum diamortisasi merupakan                           between the selling price and the agreed
          selisih antara harga jual dengan harga beli                       repurchase price and is recognized as interest
          kembali yang disepakati dan diakui sebagai                        expense during the period from the sale of
          beban bunga selama jangka waktu sejak surat                       securities to the date of repurchase by using
          berharga dijual hingga dibeli kembali dengan                      Effective Interest Rate (EIR) method. The
          menggunakan metode suku bunga efektif (EIR).                      securities sold are recorded as assets on the
          Surat berharga yang dijual tetap dicatat sebagai                  consolidated statements of financial position
          aset    dalam    laporan     posisi   keuangan                    because in substantially the ownership of the
          konsolidasian   karena      secara     substansi                  securities remains with the Bank as the seller.
          kepemilikan surat berharga tetap berada pada
          pihak Bank sebagai penjual.




                                                         - 45 -
Page 536
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)



2.   Informasi      Kebijakan      Akuntansi       Material         2.   Material    Accounting          Policy      Information
     (lanjutan)                                                          (continued)

     i.   Surat-surat berharga yang dibeli dengan                        i.   Marketable securities          purchased with
          janji dijual kembali dan surat-surat berharga                       agreements to resell           and marketable
          yang dijual dengan janji dibeli kembali                             securities sold with            agreements to
          (lanjutan)                                                          repurchase (continued)

          Surat-surat berharga yang dijual dengan janji                       Marketable securities sold under repurchased
          dibeli kembali diklasifikasikan sebagai liabilitas                  agreement are classified as financial liabilities
          keuangan yang diukur dengan biaya perolehan                         measured at amortized cost.
          diamortisasi.

     j.   Instrumen derivatif                                            j.   Derivative instruments

          Instrumen      keuangan derivatif (termasuk                         Derivative financial instruments (including
          transaksi mata uang asing untuk tujuan                              foreign currency transactions for funding and
          pendanaan dan perdagangan) diakui sebesar                           trading) are recognized in the consolidated
          nilai wajar pada laporan posisi keuangan                            statement of financial position at their fair value.
          konsolidasian.     Nilai   wajar     ditentukan                     Fair value is determined based on quoted
          berdasarkan harga pasar, model penentuan                            prices, pricing models or quoted prices of other
          harga atau harga pasar instrumen lain yang                          instruments     with     similar     characteristics.
          memiliki karakteristik serupa. Derivatif dicatat                    Derivatives are recorded as assets when the
          sebagai aset apabila memiliki nilai wajar positif                   fair value is positive and liabilities when the fair
          dan sebagai liabilitas apabila memiliki nilai                       value is negative.
          wajar negatif.

          Keuntungan atau kerugian yang terjadi dari                          Gain or loss as a result of fair value changes on
          perubahan nilai wajar kontrak derivatif yang                        a derivative contract not designated as a
          tidak ditujukan untuk lindung nilai (atau tidak                     hedging instrument (or derivative contract that
          memenuhi kriteria untuk dapat diklasifikasikan                      does not qualify as a hedging instrument) is
          sebagai lindung nilai) diakui dalam laba rugi                       recognized in the current year’s profit or loss.
          tahun berjalan.

     k.   Kredit yang diberikan                                          k.   Loans

          Kredit yang diberikan diukur pada biaya                             Loans are measured at amortized cost using
          perolehan diamortisasi menggunakan metode                           the effective interest rate method, less
          suku bunga efektif, dikurangi dengan cadangan                       allowance for impairment losses. Amortized
          kerugian penurunan nilai. Biaya perolehan                           cost is calculated by taking into account any
          diamortisasi dihitung dengan memperhitungkan                        discount or premium on acquisition and
          diskonto atau premi pada saat akuisisi dan                          transaction costs that are an integral part of
          biaya transaksi yang merupakan bagian tidak                         effective interest rate. The amortization is
          terpisahkan dari suku bunga efektif. Amortisasi                     recognized in the profit or loss. Allowance for
          diakui pada laba rugi. Cadangan kerugian                            impairment losses is provided if there is an
          penurunan nilai dibentuk jika terdapat bukti                        objective evidence of impairment (Note 2o).
          objektif penurunan nilai (Catatan 2o).

          Kredit yang diberikan diklasifikasikan sebagai                      Loans are classified as amortized costs. Loans
          diukur pada biaya perolehan diamortisasi.                           under syndication or channelling are stated at
          Kredit yang diberikan dalam pinjaman sindikasi                      the principal amount equal to the risk portion
          ataupun penerusan kredit dinyatakan sebesar                         assumed by the Group.
          pokok kredit sesuai dengan porsi risiko yang
          ditanggung oleh Grup.

          Kredit     sindikasi,  kredit   dalam   rangka                      Syndicated, joint financing, and channeling
          pembiayaan bersama, dan kredit penerusan                            loans are stated at the loan principal amount
          dinyatakan sebesar pokok kredit sesuai dengan                       based on the risk participation by the Bank.
          porsi risiko yang ditanggung oleh Bank.




                                                           - 46 -
Page 537
PT BANK KB BUKOPIN TBK                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                        AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                  Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                             For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                   (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                          otherwise stated)
lain)



2.   Informasi      Kebijakan       Akuntansi       Material          2.   Material    Accounting        Policy      Information
     (lanjutan)                                                            (continued)

     k.   Kredit yang diberikan (lanjutan)                                 k.   Loans (continued)

          Restrukturisasi kredit                                                Loan restructuring

          Setelah      syarat    dan      ketentuan     kredit                  After the terms of loans have been
          direnegosiasi, penurunan nilai diukur dengan                          renegotiated, any impairment is measured
          menggunakan suku bunga efektif awal yang                              using the original effective interest rate as
          dihitung sebelum persyaratan dimodifikasi dan                         calculated before the modification of terms and
          kredit tersebut tidak lagi dianggap “past due”.                       the loan is no longer considered “past due”.
          Manajemen akan melakukan penelaahan ulang                             Management continuously reviews renegotiated
          atas kredit yang direnegosiasi secara                                 loans to ensure that all criteria are met and that
          berkelanjutan untuk memastikan bahwa semua                            future payments are likely to occur. The loans
          kriteria terpenuhi dan pembayaran di masa                             continue to be subject to an individual or
          yang datang akan terjadi. Evaluasi penurunan                          collective impairment assessment, following the
          nilai individual atau kolektif akan terus dilakukan                   impairment assessment of loans.
          untuk kredit tersebut, mengikuti evaluasi
          penurunan nilai atas kredit.

          Kerugian dari restrukturisasi kredit dengan cara                      Loss on loan restructuring which involves a
          konversi sebagian kredit yang diberikan                               conversion of loans into equity or other financial
          menjadi saham atau instrumen keuangan                                 instruments in partial satisfaction of loans, is
          Iainnya, diakui hanya apabila nilai wajar                             recognized only if the fair value of the equity or
          penyertaan saham atau instrumen keuangan                              financial instruments received, reduced by
          yang diterima dikurangi estimasi beban untuk                          estimated expenses to sell the equity or other
          menjualnya adalah kurang dari nilai tercatat                          financial instruments, is less than the carrying
          kredit yang diberikan.                                                value of the loan.

          Kredit yang dihapusbuku                                               Written-off loans

          Kredit yang diberikan dihapusbukukan ketika                           Loans are written-off when there is no realistic
          tidak terdapat prospek yang realistis mengenai                        prospect of collection or when the Group’s
          pengembalian kredit atau hubungan normal                              normal relationship with the borrowers has
          antara Grup dan debitur telah berakhir. Kredit                        ceased to exist. When loans are deemed
          yang tidak dapat dilunasi dihapusbukukan                              uncollectible, they are written-off against the
          dengan      mendebet     cadangan      kerugian                       related allowance for impairment losses.
          penurunan nilai. Penerimaan kembali atas                              Subsequent recoveries are credited to the
          kredit yang telah dihapusbukukan sebelumnya                           allowance for impairment losses in the
          dikreditkan ke cadangan kerugian penurunan                            consolidated statement of financial position.
          nilai kredit pada laporan posisi keuangan
          konsolidasian.

     l.   Pembiayaan/Piutang syariah                                       l.   Sharia financing/Receivables

          Termasuk dalam pembiayaan/piutang syariah                             Sharia       financing/receivables  include
          adalah pembiayaan mudharabah, pembiayaan                              mudharabah financing, musyarakah financing,
          musyarakah, dan piutang syariah.                                      and sharia receivables.

          Entitas anak Bank menerapkan PSAK 401                                 The Bank’s subsidiary implements SFAS 401
          (Revisi 2016) tentang “Penyajian Laporan                              (Revised 2016) regarding “Sharia Financial
          Keuangan Syariah”, PSAK 402 (Amendemen                                Statements      Presentation”, SFAS     402
          2016) tentang “Akuntansi Murabahah”, PSAK                             (Amendment 2016) regarding “Murabahah
          403 tentang “Akuntansi Salam”, PSAK 404                               Accounting”, SFAS 403 regarding “Salam
          (Amendemen     2016)    tentang “Akuntansi                            Accounting”, SFAS 404 (Amendment 2016)
          Istishna”, PSAK 405 tentang “Akuntansi                                regarding “Istishna Accounting”, SFAS 405
          Mudharabah”, PSAK 406 tentang “Akuntansi                              regarding “Mudharabah Accounting”, SFAS 406




                                                             - 47 -
Page 538
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)



2.   Informasi     Kebijakan     Akuntansi      Material         2.   Material    Accounting         Policy      Information
     (lanjutan)                                                       (continued)

     l.   Pembiayaan/Piutang syariah (lanjutan)                       l.   Sharia financing/Receivables (continued)

          Musyarakah”, PSAK 407 (Amendemen 2016)                           regarding “Musyarakah Accounting”, SFAS 407
          tentang “Akuntansi Ijarah”, PSAK 410 (Revisi                     (Amendment        2016)      regarding  “Ijarah
          2015) tentang “Akuntansi Sukuk”, Pedoman                         Accounting”, SFAS 410 (Revised 2015)
          Akuntansi Perbankan Syariah Indonesia                            “Accounting for Sukuk”, Accounting Guidelines
          (PAPSI Revisi 2013) dan Standar Akuntansi                        for Indonesian Sharia Banking (PAPSI Revised
          Keuangan lain yang ditetapkan Ikatan Akuntan                     2013) and other statement of Financial
          Indonesia yang berkaitan dengan pengakuan,                       Accounting Standards established by the
          pengukuran, penyajian, dan pengungkapan                          Indonesia Institute of Accountants relating to
          untuk topik tersebut.                                            recognition, measurement, presentation, and
                                                                           disclosure for those topics.

          Pembiayaan      mudharabah      merupakan                        Mudharabah financing represents joint financing
          pembiayaan kerjasama antara entitas anak                         between the Bank’s subsidiary as a fund owner
          Bank sebagai pemilik dana dengan nasabah                         and customer as a business executor. Revenue
          sebagai pelaksana usaha. Pembagian hasil                         sharing on the project or business is conducted
          keuntungan dari proyek tersebut dilakukan                        in accordance with the agreed nisbah (pre-
          sesuai dengan nisbah (pre-determined ratio)                      determined ratio). Mudharabah financing are
          yang telah disepakati bersama. Pembiayaan                        stated at their outstanding balance net of
          mudharabah    dinyatakan   sebesar   saldo                       allowance for losses.
          pembiayaan dikurangi dengan cadangan
          kerugian.

          Pembiayaan      musyarakah       adalah  akad                    Musyarakah financing is an agreement between
          kerjasama    yang     terjadi   diantara  para                   the investors (musyarakah partners) to have a
          pemilik modal (mitra musyarakah) untuk                           joint venture in a partnership with profit or loss
          menggabungkan modal dan melakukan usaha                          sharing based on an agreement or
          secara bersama dalam suatu kemitraan dengan                      proportionate capital contribution. Musyarakah
          nisbah pembagian hasil atau kerugian sesuai                      financing is stated at their outstanding balance
          dengan kesepakatan atau secara proporsional                      net of allowance for losses.
          sesuai    kontribusi     modal.    Pembiayaan
          musyarakah      dinyatakan    sebesar    saldo
          pembiayaan dikurangi dengan cadangan
          kerugian.

          Piutang syariah adalah tagihan yang timbul dari                  Sharia receivables resulted from transactions
          transaksi berdasarkan akad-akad murabahah,                       based on murabahah, istishna, qardh and
          istishna, qardh dan ijarah.                                      ijarah.

          Piutang murabahah merupakan akad jual beli                       Murabahah receivables represent sale and
          antara nasabah dan entitas anak Bank. Entitas                    purchase agreements between the borrowers
          anak Bank membiayai kebutuhan investasi                          and the Bank’s subsidiary. The borrowers’
          nasabah yang dinilai dengan harga pokok                          investments are funded by the Bank’s
          ditambah dengan keuntungan yang disepakati                       subsidiary valued at the main price increased
          bersama. Pembayaran atas piutang ini                             with profit agreed by both parties. The financing
          dilakukan dengan cara mengangsur dalam                           facilities are repaid in installments over a certain
          jangka waktu yang ditentukan. Piutang                            period of time. Murabahah receivables are
          murabahah dinyatakan sebesar saldo piutang                       stated at their outstanding balance, net of
          dikurangi dengan pendapatan marjin yang                          deferred margin and allowance for losses.
          ditangguhkan dan cadangan kerugian.




                                                        - 48 -
Page 539
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)



2.   Informasi     Kebijakan     Akuntansi     Material         2.   Material    Accounting        Policy     Information
     (lanjutan)                                                      (continued)

     l.   Pembiayaan/Piutang syariah (lanjutan)                      l.   Sharia financing/Receivables (continued)

          Istishna merupakan akad penjualan antara                        Istishna is a sales transaction between the
          nasabah dan produsen yang bertindak sebagai                     customer and producer who acts as seller.
          penjual. Berdasarkan akad tersebut, nasabah                     Based on the contract, the customer orders the
          menugaskan produsen untuk membuat atau                          manufacturer to make or to supply goods
          mengadakan barang sesuai dengan spesifikasi                     ordered to the specifications required by the
          yang disyaratkan nasabah dan menjualnya                         customer and to sell to the customer at an
          dengan harga yang disepakati. Entitas anak                      agreed price. The Bank’s subsidiary finances
          Bank membiayai nasabah untuk membeli                            the customer to buy from the producer (seller).
          barang dari      produsen (penjual). Cara                       The payment method may be in advance,
          pembayaran dapat berupa pembayaran di                           installment or deferred until a certain period.
          muka, cicilan atau ditangguhkan sampai jangka                   Istishna receivables are presented based on the
          waktu tertentu. Piutang istishna disajikan                      outstanding billing less allowance for losses.
          sebesar tagihan termin kepada pembeli
          dikurangi cadangan kerugian.

          Qardh merupakan penyediaan dana atau                            Qardh is a fund supply or receivables which can
          tagihan yang dapat dipersamakan dengan itu                      be equalized based on the approval or
          berdasarkan persetujuan atau kesepakatan                        agreement between the customer and the
          antara nasabah dan entitas anak Bank, dengan                    Bank’s subsidiary, with the requirement for
          ketentuan wajib untuk melunasi setelah jangka                   repayment after a certain period. Qardh is
          waktu tertentu. Pinjaman qardh diakui sebesar                   recognized at the amount of funds granted
          jumlah dana yang dipinjamkan pada saat                          when incurred. The excess of qardh settlement
          terjadinya. Kelebihan penerimaan dari pinjaman                  is recognized as income when incurred. Qardh
          qardh yang dilunasi, diakui sebagai pendapatan                  is stated at its outstanding balance net of
          pada saat terjadinya. Pinjaman qardh                            allowance for losses.
          dinyatakan     sebesar    saldo    pembiayaan
          dikurangi dengan cadangan kerugian.

          Pembiayaan Ijarah adalah akad sewa menyewa                      Ijarah financing is an agreement between the
          antara pemilik objek sewa dengan penyewa                        lessor and lessee to receive income on leased
          untuk mendapatkan imbalan atas barang yang                      item. Ijarah financing is stated at their
          disewakannya. Pembiayaan Ijarah dinyatakan                      outstanding balance net of allowance for losses.
          sebesar saldo pembiayaan dikurangi dengan
          cadangan kerugian.

     m. Piutang pembiayaan konsumen dan piutang                      m. Consumer financing receivables and leases
        sewa pembiayaan                                                 financing receivables

          Piutang Pembiayaan Konsumen                                     Consumer Financing Receivables

          Piutang     pembiayaan       konsumen   pada                    Consumer financing receivables are initially
          pengakuan awal diukur pada nilai wajar                          measured at fair value plus directly attributable
          ditambah     biaya    transaksi    yang dapat                   transaction costs, if any, and subsequently
          diatribusikan secara langsung, jika ada, dan                    measured at their amortized cost using the
          selanjutnya diukur sebesar biaya perolehan                      effective interest rate method. Allowance for
          diamortisasi dengan menggunakan metode                          impairment loss is provided if there is an
          suku bunga efektif. Cadangan kerugian                           objective evidence of impairment (Note 2o).
          penurunan nilai dibentuk jika terdapat bukti
          objektif penurunan nilai (Catatan 2o).

          Piutang pembiayaan konsumen entitas anak                        The     subsidiary’s   consumer    financing
          merupakan jumlah piutang setelah dikurangi                      receivables are presented net of unearned
          dengan pendapatan pembiayaan konsumen                           consumer financing income and allowance for
          yang belum diakui dan cadangan kerugian                         impairment losses.
          penurunan nilai.




                                                       - 49 -
Page 540
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)



2.   Informasi    Kebijakan     Akuntansi     Material         2.   Material    Accounting        Policy     Information
     (lanjutan)                                                     (continued)

     m. Piutang pembiayaan konsumen dan piutang                     m. Consumer financing receivables and leases
        sewa pembiayaan (lanjutan)                                     financing receivables (continued)

         Piutang Pembiayaan Konsumen (lanjutan)                         Consumer Financing Receivables (continued)

         Pendapatan pembiayaan konsumen yang                            Unearned consumer financing income is the
         belum diakui merupakan selisih antara jumlah                   excess of the aggregate installment payments
         keseluruhan pembayaran angsuran yang akan                      to be received from the consumer over the
         diterima dari konsumen dengan jumlah                           principal amount financed. The unearned
         pokok pembiayaan konsumen. Pendapatan                          consumer financing income is recognized as
         pembiayaan konsumen yang belum diakui                          income over the term of the respective
         dicatat sebagai pendapatan sesuai dengan                       agreement using effective interest rate method.
         jangka waktu kontrak pembiayaan konsumen
         berdasarkan metode suku bunga efektif.

         Selisih neto antara pendapatan administrasi                    The net difference between the administration
         yang diperoleh dari konsumen pada saat                         income earned from the consumer at the first
         pertama kali perjanjian pembiayaan konsumen                    time the consumer financing agreement is
         ditandatangani dan beban-beban yang timbul                     signed and the initial incremental costs directly
         pertama kali yang terkait langsung dengan                      related to consumer financing facility is deferred
         tagihan pembiayaan konsumen ditangguhkan                       and recognized as an adjustment to the yield
         dan diakui sebagai penyesuaian atas imbal                      received throughout the consumer financing
         hasil pembiayaan konsumen berdasarkan                          period using effective interest rate method and
         metode suku bunga efektif dan disajikan                        presented as part of interest income in the
         sebagai bagian dari pendapatan bunga pada                      current year’s profit or loss.
         laba rugi tahun berjalan.

         Pelunasan     sebelum      masa     pembiayaan                 Termination before consumer financing period
         konsumen berakhir diperlakukan sebagai                         end is treated as a cancellation of an existing
         pembatalan kontrak pembiayaan konsumen                         contract and the resulting gain or loss is
         dan keuntungan atau kerugian yang timbul                       recognized in the current year’s profit or loss.
         diakui pada laba rugi tahun berjalan.

         Piutang Sewa Pembiayaan                                        Leases Financing Receivables

         Penentuan apakah suatu perjanjian merupakan                    The determination of whether an arrangement
         perjanjian   sewa     atau    perjanjian  yang                 is, or contains a lease is based on the
         mengandung sewa didasarkan atas substansi                      substance of the arrangement at inception date
         perjanjian pada tanggal awal sewa dan apakah                   and whether the fulfillment of the arrangement
         pemenuhan      perjanjian    tergantung   pada                 is dependent on the use of a specific asset and
         penggunaan suatu aset dan perjanjian tersebut                  the arrangement conveys a right to use the
         memberikan suatu hak untuk menggunakan                         asset. Leases are classified as finance leases if
         aset tersebut. Suatu sewa diklasifikasikan                     the leases transfer substantially all the risks and
         sebagai sewa pembiayaan jika sewa tersebut                     rewards incidental to ownership of the leased
         mengalihkan secara substansial seluruh risiko                  assets. Leases are classified as operating
         dan manfaat yang terkait dengan kepemilikan                    leases if the leases do not transfer substantially
         aset. Suatu sewa diklasifikasikan sebagai sewa                 all the risks and rewards incidental to ownership
         operasi jika sewa tidak mengalihkan secara                     of the leased assets.
         substansial seluruh risiko dan manfaat yang
         terkait dengan kepemilikan aset.




                                                      - 50 -
Page 541
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)



2.   Informasi      Kebijakan      Akuntansi       Material         2.   Material    Accounting         Policy      Information
     (lanjutan)                                                          (continued)

     m. Piutang pembiayaan konsumen dan piutang                          m. Consumer financing receivables and leases
        sewa pembiayaan (lanjutan)                                          financing receivables (continued)

          Piutang Sewa Pembiayaan (lanjutan)                                  Leases Financing Receivables (continued)

          Entitas anak mengakui aset berupa piutang                           The subsidiary recognizes assets held under a
          sewa pembiayaan di laporan posisi keuangan                          financing lease in its statement of financial
          sebesar jumlah yang sama dengan investasi                           position and presented them as a receivable at
          sewa neto. Penerimaan piutang sewa                                  an amount equal to the net investment in the
          diperlakukan sebagai pembayaran pokok dan                           lease. Payment of the lease receivable is
          penghasilan sewa pembiayaan. Pengakuan                              treated as repayment of principal and financing
          penghasilan sewa pembiayaan didasarkan                              lease income. The recognition of financing
          pada suatu pola yang mencerminkan suatu                             lease income is based on a pattern reflecting a
          tingkat pengembalian periodik yang konstan                          constant periodic rate of return on the
          atas investasi neto. Entitas anak bertindak                         subsidiary’s net investment in the financing
          sebagai lessor dalam sewa pembiayaan.                               lease. The subsidiary acts as a lessor in finance
                                                                              leases.

     n.   Tagihan dan liabilitas akseptasi                               n.   Acceptances receivable and payable

          Tagihan akseptasi konsumen pada pengakuan                           Acceptances receivable are initially measured
          awal diukur pada nilai wajar ditambah biaya                         at fair value plus directly attributable transaction
          transaksi yang dapat diatribusikan secara                           costs, if any, and subsequently measured at
          langsung, jika ada, dan selanjutnya diukur                          their amortized cost using the effective interest
          sebesar biaya perolehan diamortisasi dengan                         rate method. The allowance for impairment
          menggunakan metode suku bunga efektif.                              losses is provided if there is an objective
          Cadangan kerugian penurunan nilai dibentuk                          evidence of impairment (Note 2o). Acceptances
          jika terdapat bukti objektif penurunan nilai                        payable are measured at amortized cost using
          (Catatan 2o). Liabilitas akseptasi diukur pada                      effective interest rate method.
          biaya    perolehan      diamortisasi    dengan
          menggunakan metode suku bunga efektif.

     o.   Penurunan nilai aset keuangan dan non-                         o.   Impairment of financial and non-financial
          keuangan                                                            assets

          Penurunan Nilai Aset Keuangan                                       Impairment of Financial Assets

          Pada setiap tanggal laporan posisi keuangan                         The Group assess whether there is any
          konsolidasian, Grup mengevaluasi apakah                             objective evidence that a financial asset or a
          terdapat bukti objektif bahwa aset keuangan                         group of financial assets is impaired at each
          atau kelompok aset keuangan mengalami                               consolidated statement of financial position
          penurunan nilai.                                                    date.

          Cadangan atas kerugian kredit ekspektasian                          The expected credit loss allowance is based on
          adalah berdasarkan atas kerugian ekspektasian                       the credit losses expected to arise over the life
          sepanjang umur aset (the lifetime expected                          of the asset (the lifetime expected credit loss),
          credit loss), kecuali tidak terdapat kenaikan                       unless there has been no significant increase in
          yang signifikan dalam risiko kredit sejak awal, di                  credit risk since origination, in which case, the
          mana dalam hal ini, cadangan adalah                                 allowance is based on the 12 months expected
          berdasarkan kerugian kredit ekspektasian                            credit loss.
          dalam jangka waktu 12 bulan.

          Kerugian yang diharapkan sepanjang umur aset                        Both the lifetime expected credit loss and 12
          dan kerugian kredit ekspektasian dalam jangka                       months expected credit loss are calculated on
          waktu 12 bulan dihitung baik secara individual                      either an individual basis or a collective basis,
          maupun kolektif, tergantung kepada sifat                            depending on the nature of the underlying
          portofolio   instrumen     keuangan      yang                       portfolio of financial instruments.
          mendasarinya.




                                                           - 51 -
Page 542
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)



2.   Informasi      Kebijakan      Akuntansi       Material         2.   Material    Accounting         Policy     Information
     (lanjutan)                                                          (continued)
     o.   Penurunan nilai aset keuangan dan non-                         o.   Impairment of financial and non-financial
          keuangan (lanjutan)                                                 assets (continued)

          Penurunan Nilai Aset Keuangan (lanjutan)                            Impairment of Financial Assets (continued)
          Grup menghitung kerugian kredit ekspektasian                        The Group calculates expected credit loss
          berdasarkan tiga skenario yang tertimbang                           based on three probability-weighted scenarios
          menurut     kemungkinan     terjadinya untuk                        to measure the expected cash shortfalls,
          mengukur kekurangan kas yang diharapkan,                            discounted at an approximation to the effective
          didiskontokan pada suatu estimasi terhadap                          interest rate. A cash shortfall is the difference
          suku bunga efektif. Kekurangan kas adalah                           between the cash flows that are due to an entity
          selisih antara arus kas yang harus dibayar                          in accordance with the contract and the cash
          kepada suatu entitas berdasarkan kontrak dan                        flows that the entity expects to receive.
          arus kas dari entitas bersangkutan yang
          diharapkan untuk diperoleh.

          Grup telah menyusun suatu kebijakan untuk                           The Group has established a policy to perform
          melakukan suatu penilaian, pada akhir setiap                        an assessment, at the end of each reporting
          periode pelaporan, mengenai apakah risiko                           period, of whether a financial instruments credit
          kredit suatu aset keuangan telah meningkat                          risk has increased significantly since initial
          secara signifikan sejak pengakuan, dengan                           recognition, by considering the change in the
          mempertimbangkan perubahan risiko gagal                             risk of default occurring over the remaining life
          bayar yang terjadi selama umur manfaat                              of the financial instrument.
          instrumen keuangan.

          Grup menganggap instrumen utang memiliki                            The Group considers debt instruments to have
          risiko kredit yang rendah ketika peringkat risiko                   low credit risk when the credit risk rating is at
          kreditnya setara dengan definisi investment                         par with the globally understood definition of
          grade yang dipahami secara global.                                  investment grade.

          Pengukuran kerugian kredit ekspektasian                             Measurement of expected credit losses

          Kerugian Kredit Ekspektasian adalah estimasi                        Expected Credit Loss is an estimate of the
          probabilitas tertimbang dari kerugian kredit                        weighted probability of a credit loss measured
          yang diukur sebagai berikut:                                        as follows:
          -   Aset keuangan yang tidak memburuk pada                          -    Financial assets that do not deteriorate at
              tanggal      pelaporan,     kerugian    kredit                       the reporting date, the expected credit loss
              ekspektasian diukur sebesar selisih antara                           is measured at the difference between the
              nilai kini dari seluruh kekurangan kas (yaitu                        present value of all cash shortages (i.e. the
              selisih antara arus kas yang terutang                                difference between the cash flows owed to
              kepada Grup sesuai dengan kontrak dan                                the Group in accordance with the contract
              arus kas yang diperkirakan akan diterima                             and the cash flows expected to be received
              oleh Grup);                                                          by the Group);
          -   Aset keuangan yang memburuk pada                                -    Financial assets that deteriorate at the
              tanggal      pelaporan,     kerugian    kredit                       reporting date, the expected credit loss is
              ekspektasian diukur sebesar selisih antara                           measured at the difference between the
              jumlah tercatat bruto dan nilai kini arus kas                        gross carrying amount and the present
              masa depan yang diestimasi;                                          value of estimated future cash flows;
          -   Komitmen pinjaman yang belum ditarik,                           -    For     undisbursed    loan    commitments,
              kerugian kredit ekspektasian diukur sebesar                          expected credit losses are measured at the
              selisih antara nilai kini jumlah arus kas jika                       difference between the present value of the
              komitmen ditarik dan arus kas yang                                   amount of cash flow if the commitments is
              diperkirakan akan diterima oleh Grup;                                withdrawn and the cash flow expected to be
                                                                                   received by the Group;
          -   Kontrak jaminan keuangan, kerugian kredit                       -   For financial guarantee contracts, expected
              ekspektasian diukur sebesar selisih antara                          credit losses are measured at the difference
              pembayaran yang diperkirakan untuk                                  between the estimated payments to replace
              mengganti pemegang atas kerugian kredit                             the holder for the credit losses incurred less
              yang terjadi dikurangi jumlah yang                                  the amount estimated to be recoverable.
              diperkirakan dapat dipulihkan.



                                                           - 52 -
Page 543
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)



2.   Informasi     Kebijakan     Akuntansi      Material         2.   Material    Accounting         Policy      Information
     (lanjutan)                                                       (continued)
     o.   Penurunan nilai aset keuangan dan non-                      o.   Impairment of financial and non-financial
          keuangan (lanjutan)                                              assets (continued)
          Aset keuangan yang direstrukturisasi                             Restructured financial assets

          Jika ketentuan aset keuangan dinegosiasikan                      If the terms of the financial assets are              -
          ulang atau dimodifikasi atau aset keuangan                       renegotiated or modified or the existing
          yang ada diganti dengan yang baru karena                         financial assets are replaced with new ones
          kesulitan keuangan peminjam, maka dilakukan                      due to the borrower’s financial difficulties, an
          penilaian apakah aset keuangan yang ada                          assessment is made whether recognition of
          harus dihentikan pengakuannya dan kerugian                       existing financial assets must be derecognized
          kredit ekspektasian diukur sebagai berikut:                      and expected credit losses measured as
                                                                           follows:
          -   Jika restrukturisasi tidak mengakibatkan                     - If the restructuring does not result in the         -
              penghentian     pengakuan      aset   yang                       termination of recognition of existing assets,
              ada, maka arus kas yang diperkirakan                             then the estimated cash flows arising from
              yang    timbul    dari    aset   keuangan                        the modified financial assets are included in
              yang dimodifikasi dimasukkan dalam                               the calculation of cash shortages of existing
              perhitungan kekurangan kas dari aset                             assets.
              yang ada.
          -   Jika restrukturisasi akan menghasilkan                       -   If the restructuring will result in a             -
              penghentian pengakuan aset yang ada,                             derecognition of the existing assets, the fair
              maka nilai wajar aset baru diperlakukan                          value of the new asset is treated as the final
              sebagai arus kas akhir dari aset keuangan                        cash flow of the existing financial assets at
              yang ada pada saat penghentian                                   the time of derecognition. This amount is
              pengakuannya. Jumlah ini dimasukkan                              included in the calculation of cash shortages
              dalam perhitungan kekurangan kas dari                            from existing financial assets which are
              aset    keuangan       yang    ada    yang                       discounted from the date of derecognition to
              didiskontokan dari tanggal penghentian                           the reporting date using the initial effective
              pengakuan      ke     tanggal    pelaporan                       interest rate of the existing financial assets.
              menggunakan suku bunga efektif awal dari
              aset keuangan yang ada.

          Aset keuangan yang memburuk                                      Credit-impaired financial assets

          Pada setiap tanggal pelaporan, Grup menilai                      At each reporting date, the Group assess
          apakah aset keuangan yang dicatat pada biaya                     whether the financial assets recorded at
          perolehan diamortisasi dan aset keuangan                         amortized cost and the financial assets of debt
          instrumen utang yang dicatat pada nilai wajar                    instruments which are recorded at fair value
          melalui   penghasilan    komprehensif    lain                    through other comprehensive income are
          mengalami penurunan nilai kredit (memburuk).                     credit- impaired (worsening).

          Aset keuangan memburuk ketika satu atau                          Financial assets deteriorate when one or more
          lebih peristiwa yang memiliki dampak                             events that have an adverse effect on the
          merugikan atas estimasi arus kas masa depan                      estimated future cash flows of the financial
          dari aset keuangan telah terjadi.                                assets have occurred.

          Bukti bahwa aset keuangan mengalami                              Evidence that financial assets become credit
          penurunan nilai kredit (memburuk) termasuk                       impaired (worsening) including observable data
          data yang dapat diobservasi mengenai                             regarding the following events:
          peristiwa berikut ini:
          -    Kesulitan keuangan signifikan yang dialami                  -    Significant financial difficulties experienced
               penerbit atau pihak peminjam;                                    by the issuer or the borrower;
          -    Pelanggaran kontrak, seperti peristiwa                      -    Breach of contract, such as a default or
               gagal bayar atau peristiwa tunggakan;                            arrears;
          -    Pihak pemberi pinjaman, untuk alasan                        -    The lender, for economic or contractual
               ekonomik atau kontraktual sehubungan                             reasons in relation to the financial
               dengan kesulitan keuangan yang dialami                           difficulties experienced by the borrower,
               pihak peminjam, telah memberikan                                 has given concessions to the borrower
               konsesi pada pihak peminjam yang tidak                           which is not possible if the borrower does
               mungkin diberikan jika pihak peminjam                            not experience such difficulties;
               tidak mengalami kesulitan tersebut;



                                                        - 53 -
Page 544
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)


2.   Informasi     Kebijakan      Akuntansi      Material         2.   Material    Accounting           Policy      Information
     (lanjutan)                                                        (continued)

     o.   Penurunan nilai aset keuangan dan non-                       o.   Impairment of financial and non-financial
          keuangan (lanjutan)                                               assets (continued)

          Aset keuangan yang memburuk (lanjutan)                            Credit-impaired financial assets (continued)

          -   Terjadi   kemungkinan      bahwa    pihak                         -   It is probable that the borrower will enter
              peminjam akan dinyatakan pailit atau                                  bankruptcy or the other financial
              melakukan reorganisasi keuangan lainnya;                              reorganization;
          -   Hilangnya pasar aktif dari aset keuangan                          -   Loss of an active market for financial
              akibat kesulitan keuangan; atau                                       assets due to financial difficulties; or
          -   Pembelian atau penerbitan aset keuangan                           -   Purchase or issuance financial asset at         -
              dengan diskon sangat besar yang                                       significant discount which reflect the credit
              mencerminkan kerugian kredit yang terjadi.                            loss that occurs.

          Aset Keuangan yang dibeli atau yang                               Purchased or originated credit - impaired
          berasal dari aset keuangan yang mengalami                         financial assets - (POCI)
          penurunan nilai (Purchased or originated
          credit- impaired financial assets - POCI)

          Aset keuangan dikategorikan sebagai POCI                          Financial assets are catergorized as POCI if
          apabila terdapat bukti objektif penurunan nilai                   there is objective evidence of impairment at
          pada saat pengakuan awal. Pada saat                               initial recognition. At initial recognition, no
          pengakuan awal, tidak ada cadangan kerugian                       allowance for credit losses is recognized
          kredit yang diakui karena harga pembelian atau                    because the purchase price or value has
          nilainya telah termasuk estimasi kerugian kredit                  included lifetime estimated credit losses.
          sepanjang umurnya. Selanjutnya, perubahan                         Furthermore, changes in lifetime credit losses,
          kerugian kredit sepanjang umurnya, apakah                         whether positive or negative, are recognized in
          positif atau negatif, diakui dalam laporan laba                   the consolidated statement of profit or loss as
          rugi konsolidasian sebagai bagian dari                            part of the allowance for impairment losses.
          cadangan kerugian penurunan nilai.

          Penyajian    cadangan       kerugian     kredit                   Presentation of allowance for expected
          ekspektasian    dalam       laporan      posisi                   credit losses in statements of financial
          keuangan                                                          position

          Cadangan kerugian kredit ekspektasian                             Allowance for expected credit losses is
          disajikan dalam laporan posisi keuangan                           presented in the consolidated statement of
          konsolidasian sebagai berikut:                                    financial positions as follows:

          -    Aset keuangan yang diukur pada biaya                         -       Financial assets measured at amortized
               perolehan     diamortisasi,     cadangan                             cost, allowance for expected credit losses
               kerugian kredit ekspektasian disajikan                               is presented as a deduction from the gross
               sebagai pengurang dari jumlah tercatat                               carrying amount of the asset;
               bruto aset;
          -    Komitmen pinjaman dan kontrak jaminan                            -   Loan      commitments      and     financial
               keuangan, cadangan kerugian kredit                                   guarantee      contracts,  allowance     for
               ekspektasian disajikan sebagai provisi;                              expected credit losses is presented as a
                                                                                    provision;
          -    Instrumen utang yang diukur pada nilai                           -   Debt instruments measured at fair value         -
               wajar melalui penghasilan komprehensif                               through other comprehensive income,
               lain,   cadangan       kerugian     kredit                           allowance for expected credit losses are
               ekspektasian tidak diakui dalam laporan                              not recognized in the statement of financial
               posisi keuangan karena jumlah tercatat                               position because the carrying amounts of
               dari aset-aset ini adalah nilai wajarnya.                            these assets are at their fair values.
               Namun demikian cadangan kerugian                                     However, allowance for expected credit
               kredit ekspektasian diungkapkan dan                                  losses is disclosed and recognized in other
               diakui dalam penghasilan komprehensif                                comprehensive income.
               lain.




                                                         - 54 -
Page 545
PT BANK KB BUKOPIN TBK                                                                         PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                       AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                 Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                            For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                  (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                         otherwise stated)
lain)



2.   Informasi      Kebijakan      Akuntansi        Material         2.   Material    Accounting              Policy     Information
     (lanjutan)                                                           (continued)
     o.   Penurunan nilai aset keuangan dan non-                          o.       Impairment of financial and non-financial
          keuangan (lanjutan)                                                      assets (continued)
          Perhitungan      penurunan        nilai    secara                        Individual impairment calculation
          individual

          Bank menetapkan pinjaman yang diberikan                                  The Bank determines that loans should be
          yang harus dievaluasi penurunan nilainya                                 evaluated for impairment through individual
          secara individual, jika memenuhi salah satu                              evaluation if one of the following criterias is met:
          kriteria di bawah ini:
          -    Pinjaman yang diberikan yang secara                                 -   Loans which individually have significant
               individual memiliki nilai signifikan; atau                              value; or
          -    Pinjaman        yang       diberikan      yang                      -   Restructured loans which individually have
               direstrukturisasi yang secara individual                                significant value.
               memiliki nilai signifikan.

          Perhitungan penurunan nilai secara kolektif                          Collective impairment calculation

          Bank menetapkan pinjaman yang diberikan                              The Bank determines loans to be evaluated for
           yang harus dievaluasi penurunan nilainya                            impairment through collective evaluation if one of
           secara kolektif, jika memenuhi salah satu                           the following criterias is met:
           kriteria di bawah ini:
          -     Pinjaman yang diberikan yang secara                            -       Loans which individually have insignificant
                Individual memiliki nilai tidak signifikan;                            value; or
                atau
          -     Pinjaman         yang      diberikan  yang                     -       Restructured loans which individually have
                direstrukturisasi yang secara individual                               insignificant value.
                memiliki nilai tidak signifikan.
          Penerimaan kembali atas aset keuangan                                Recoveries of written-off financial assets
          yang telah dihapusbukukan

          Ketika pinjaman yang diberikan tidak tertagih,                       When a loan is uncollectible, it is written-off
          pinjaman yang diberikan tersebut dihapusbuku                         against the related allowance for impairment
          dengan menjurnal balik cadangan kerugian                             loss. Such loans are written-off after all the
          penurunan nilai. Pinjaman yang diberikan                             necessary procedures have been completed
          tersebut dapat dihapusbuku setelah semua                             and the amount of the loss has been
          prosedur yang diperlukan telah dilakukan dan                         determined.
          jumlah kerugian telah ditentukan.

          Penerimaan kembali atas aset keuangan                                The recoveries of written-off financial assets in
          yang telah dihapusbukukan pada tahun                                 the current year are credited by adjusting the
          berjalan dikreditkan dengan menyesuaikan                             allowance for impairment losses accounts.
          akun cadangan kerugian penurunan nilai.                              Recoveries of written-off financial assets from
          Penerimaan kembali atas aset keuangan yang                           previous years are recorded as operational
          telah dihapusbukukan pada tahun sebelumnya                           income other than interest income.
          dicatat sebagai pendapatan operasional selain
          pendapatan bunga.
          Sehubungan dengan kepatuhan terhadap                                     In compliance with Financial Service Authority
          Otoritas Jasa Keuangan (OJK), Bank                                       (OJK), the Bank implements OJK Regulation
          menerapkan Peraturan OJK No. 40/POJK.03/                                 No. 40/POJK.03/2019 dated December 19,
          2019 tanggal 19 Desember 2019 tentang                                    2019 about “Assessment of Commercial Banks’
          “Penilaian Kualitas Aset Bank Umum”.                                     Asset Quality”.

          Untuk aset keuangan entitas anak berdasarkan                             For the financial assets of subsidiary under
          prinsip Perbankan Syariah, entitas anak Bank                             Sharia Banking principles, the Bank’s subsidiary
          menerapkan peraturan Otoritas Jasa Keuangan                              applies Financial Services Authority regulation
          (“POJK”)    No.   16/POJK.03/2014     tanggal                            (“POJK”)    No.     16/POJK.03/2014       dated
          18 November 2014 tentang “Penilaian Kualitas                             November 18, 2014 regarding “Asset Quality
          Aset Bank Umum Syariah dan Unit Usaha                                    Assessment of Sharia Bank and Sharia
          Syariah” yang berlaku efektif sejak tanggal                              Business Unit” effective starting January 1,
          1 Januari 2015.                                                          2015.



                                                            - 55 -
Page 546
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)



2.   Informasi      Kebijakan      Akuntansi     Material         2.    Material    Accounting         Policy      Information
     (lanjutan)                                                         (continued)

     o.   Penurunan nilai aset keuangan dan non-                        o.    Impairment of financial and non-financial
          keuangan (lanjutan)                                                 assets (continued)

          Penerimaan kembali atas aset keuangan                               Recoveries of written-off financial assets
          yang telah dihapusbukukan (lanjutan)                                (continued)

          Berdasarkan peraturan tersebut, entitas anak                        Based on the regulation, the Bank’s subsidiary
          Bank wajib membentuk cadangan kerugian                              is required to provide an allowance for losses
          sesuai dengan standar akuntansi keuangan                            based on prevailing financial accounting
          yang berlaku. Khusus untuk piutang murabahah                        standards.     Specifically   for   murabahah
          yang merupakan pembiayaan, entitas anak                             receivables that represents financing, the
          Bank mengevaluasi apakah terdapat bukti                             Bank’s subsidiary evaluates whether there is
          objektif penurunan nilai dan mengakui kerugian                      objective evidence of impairment and
          penurunan nilai sesuai dengan PSAK 402                              recognizes the impairment losess based on
          (Revisi 2013) yang mengacu pada PSAK 239                            SFAS 402 (Revised 2013) which referring to
          (Revisi 2014), sedangkan cadangan kerugian                          SFAS 239 (Revised 2014), while the allowance
          aset produktif lainnya dibentuk sebagai berikut:                    for losses for other earning assets is provided
                                                                              as follows:

                                                          Persentase minimum
                                                           cadangan kerugian/
                                                         Minimum percentage of
          Klasifikasi                                     allowance for losses              Classification

          Lancar                                                         1%                 Current
          Dalam perhatian khusus                                         5%                 Special mention
          Kurang lancar                                                 15%                 Sub-standard
          Diragukan                                                     50%                 Doubtful
          Macet                                                        100%                 Loss

          Cadangan khusus dibentuk atas aset produktif                        Specific allowance for earning assets on
          yang di klasifikasikan sebagai dalam perhatian                      earning assets classified as special mention,
          khusus, kurang lancar, diragukan, dan macet,                        sub-standard, doubtful, and loss, is calculated
          dihitung atas nilai aset produktif setelah                          based on principal of the earning assets after
          dikurangi dengan nilai agunan.                                      deducting the value of collateral.

          Penurunan Nilai Aset Non-keuangan                                   Impairment of Non-financial assets

          Nilai tercatat dari aset yang bukan aset                            The carrying amounts of the Group’s non-
          keuangan Grup, kecuali aset pajak tangguhan,                        financial assets, other than deferred tax assets,
          ditelaah setiap tanggal pelaporan untuk                             are reviewed at each reporting date to
          menentukan      apakah    terdapat   indikasi                       determine whether there is any indication of
          penurunan nilai. Jika indikasi tersebut ada,                        impairment. If any such indication exists then
          maka nilai yang dapat dipulihkan dari aset                          the asset’s recoverable amount will be
          tersebut akan diestimasi.                                           estimated.

          Jumlah yang dapat dipulihkan dari suatu aset                        The recoverable amount of an asset or Cash
          atau Unit Penghasil Kas (UPK) adalah sebesar                        Generating Unit (CGU) is greater of its value in
          jumlah yang lebih tinggi antara nilai pakainya                      use and its fair value less cost to sell. In
          dan nilai wajar aset atau UPK dikurangi biaya                       assessing value in use, the estimated future
          untuk menjual. Dalam menentukan nilai pakai,                        cash flows are discounted to their present value
          estimasi arus kas masa depan didiskontokan ke                       using a pre-tax discount rate that reflects
          nilai sekarang dengan menggunakan tingkat                           current market assessment of the time value of
          diskonto sebelum pajak yang mencerminkan                            money and the risk specific to the assets.
          penilaian pasar saat ini terhadap nilai kas kini
          dan risiko spesifik terhadap aset tersebut.




                                                         - 56 -
Page 547
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)



2.   Informasi     Kebijakan       Akuntansi      Material         2.   Material    Accounting        Policy      Information
     (lanjutan)                                                         (continued)

     o.   Penurunan nilai aset keuangan dan non-                        o.   Impairment of financial and non-financial
          keuangan (lanjutan)                                                assets (continued)

          Penerimaan kembali atas aset keuangan                              Recoveries of written-off financial assets
          yang telah dihapusbukukan (lanjutan)                               (continued)

          Penyisihan penurunan nilai diakui jika nilai                       An impairment loss is recognized if the carrying
          tercatat dari suatu aset atau UPK melebihi nilai                   amount of an asset or CGU exceeds its
          yang dapat diperoleh kembali. Penyisihan                           recoverable amount. Impairment losses are
          penurunan nilai diakui pada laba rugi tahun                        recognized in the current year’s profit or loss.
          berjalan. Penyisihan penurunan nilai yang                          Impairment losses in respect of CGUs are
          diakui sehubungan dengan UPK akan                                  allocated first to reduce the carrying amount of
          dialokasikan pertama kali untuk mengurangi                         any goodwill allocated to the CGU and then to
          nilai tercatat dari goodwill yang dialokasikan ke                  reduce the carrying amount of the other assets
          UPK dan kemudian mengurangi nilai tercatat                         in the units (group of units) on a pro rate basis.
          dari aset lainnya di dalam unit tersebut
          (kelompok unit) secara pro rata.

          Penyisihan penurunan nilai sehubungan                              An impairment losses in respect of goodwill can
          dengan goodwill tidak dapat dijurnal balik.                        not be reversed. In respect of other assets,
          Sehubungan dengan aset lainnya, penyisihan                         impairment losses recognized in prior period
          penurunan nilai yang diakui pada tahun                             are assessed at each reporting date for any
          sebelumnya dinilai pada setiap tanggal                             indications that the losses has decreased or no
          pelaporan untuk melihat adanya indikasi bahwa                      longer exists. An impairment loss is reversed if
          kerugian telah menurun atau tidak ada lagi.                        there has been change in the estimates used to
          Kerugian penurunan nilai dijurnal balik jika                       determine the recoverable amount.
          terdapat perubahan estimasi yang digunakan
          dalam menentukan nilai yang dapat dipulihkan.

          Sehubungan dengan kepatuhan terhadap                               In compliance with Financial Service Authority
          Otoritas Jasa      Keuangan (OJK),       Grup                      (OJK), the Group implements OJK Regulation
          menerapkan      Peraturan     OJK    No.  40/                      No. 40/POJK.03/2019 dated December 19,
          POJK.03/2019 tanggal 19 Desember 2019                              2019 about “Assessment of Commercial Banks’
          tentang “Penilaian Kualitas Aset Bank Umum”.                       Asset Quality”.

     p.   Aset tetap, aset hak guna dan liabilitas sewa                 p.   Fixed assets,       right-of-use    and     lease
                                                                             liabilities

          Grup menerapkan kebijakan akuntansi model                          The Group applies revaluation model as
          revaluasi untuk aset tetap berupa tanah. Untuk                     accounting policy for land. For fixed assets
          aset tetap selain tanah menggunakan model                          other than land, cost model is applied. Prior to
          biaya. Sebelum 1 Maret 2016, tanah disajikan                       March 1, 2016, land is stated at cost.
          sebesar biaya perolehan.

          Tanah disajikan sebesar nilai wajar. Penilaian                     Lands are stated at fair value. Valuation of
          terhadap tanah dilakukan oleh penilai                              lands is performed by external independent
          independen eksternal yang memiliki sertifikasi.                    valuers with certain qualification. Valuation is
          Penilaian dilakukan secara berkala untuk                           performed with sufficient regularity to ensure
          memastikan bahwa nilai wajar aset yang                             that the fair value of a revalued asset does not
          direvaluasi tidak berbeda secara material                          differ materially from its carrying amount.
          dengan nilai tercatatnya.




                                                          - 57 -
Page 548
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)



2.   Informasi      Kebijakan      Akuntansi      Material          2.   Material    Accounting         Policy      Information
     (lanjutan)                                                          (continued)

     p.   Aset tetap, aset hak guna, dan liabilitas                      p.   Fixed assets, right-of-use           and     lease
          sewa (lanjutan)                                                     liabilities (continued)

          Jika nilai wajar dari aset yang direvaluasi                         If the fair value of the revalued asset change
          mengalami perubahan yang signifikan dan                             significantly and fluctuates, it is necessary to
          fluktuatif, maka perlu direvaluasi secara                           revaluate on an annual basis, whereas if the fair
          tahunan, sedangkan jika nilai wajar dari aset                       value of the revaluated asset does not change
          yang direvaluasi tidak mengalami perubahan                          significantly and fluctuates, it is necessary to
          yang signifikan dan fluktuatif, maka perlu                          revaluate at a minimum of every 3 years.
          dilakukan revaluasi sekurang-kurangnya 3
          tahun sekali.

          Kenaikan nilai tercatat yang timbul dari                            Increase in the carrying amount arising from
          revaluasi tanah dicatat sebagai “Surplus                            revaluation of land is recorded in “Asset
          revaluasi     aset” dan disajikan        sebagai                    revaluation surplus” and presented as “other
          “penghasilan komprehensif lain”. Penurunan                          comprehensive income”. Decrease in carrying
          nilai tercatat yang timbul dari revaluasi dicatat                   amount as the result of revaluation is recorded
          sebagai beban pada tahun berjalan. Apabila                          as expense in the current year. If the asset has
          aset tersebut memiliki saldo “Surplus revaluasi                     “Asset revaluation surplus”, loss from
          aset”, maka selisih penurunan nilai tercatat                        revaluation of asset is charged to “Asset
          tersebut     dibebankan    terhadap     “Surplus                    revaluation surplus” balance and the remaining
          revaluasi aset” dan sisanya diakui sebagai                          balance is charged to current year’s expenses.
          beban tahun berjalan.

          Grup melakukan revaluasi untuk tujuan                               The Group conducts revaluation for accounting
          akuntansi dan pajak. Jumlah pajak yang telah                        and tax purposes. The related tax paid is
          dibayar diakui di penghasilan komprehensif lain                     recognized in other comprehensive income and
          dan surplus revaluasi aset di ekuitas.                              asset revaluation surplus in equity.

          Aset tetap, kecuali tanah yang tidak disusutkan,                    Fixed assets, except land which is not
          dinyatakan berdasarkan biaya perolehan                              depreciated, are stated at cost less
          dikurangi akumulasi penyusutan dan rugi                             accumulated depreciation and impairment
          penurunan nilai. Penyusutan dihitung dengan                         losses. Depreciation is computed using the
          menggunakan metode garis lurus (straight line)                      straight line method over the expected useful
          selama estimasi manfaat aset tersebut sebagai                       lives as follows:
          berikut:
                                                        Tahun/Years

          Bangunan                                               20                     Buildings
          Perabot dan peralatan kantor                          4-8                     Furniture, fixtures, and office equipment
          Kendaraan bermotor                                    4-8                     Motor vehicles
          Prasarana bangunan                    sesuai masa sewa mana yang lebih        Leasehold improvement
                                               rendah dibandingkan umur ekonomis/
                                               based on the lease period whichever
                                                    is shorter of economic life

          Biaya pemeliharaan dan perbaikan dibebankan                         The cost of repairs and maintenance is charged
          pada laba rugi pada saat terjadinya, pemugaran                      to profit or loss as incurred. Significant renewals
          dan penambahan dalam jumlah signifikan                              and betterments are capitalized when it is
          dikapitalisasi apabila kemungkinan besar Grup                       probable that future economic benefits in
          akan mendapatkan manfaat ekonomi masa                               excess of the originally assessed standard of
          depan dari aset tersebut yang melebihi standar                      performance of the existing assets will flow to
          kinerja yang diperkirakan sebelumnya. Biaya                         the Group. When assets are retired or
          perolehan dan akumulasi penyusutan aset tetap                       otherwise disposed of, their costs and the
          yang sudah tidak digunakan lagi atau dijual                         related accumulated depreciations are removed
          dikeluarkan dari kelompok aset tetap yang                           from the accounts and any resulting gain or loss




                                                           - 58 -
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PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)



2.   Informasi     Kebijakan      Akuntansi      Material         2.   Material    Accounting       Policy     Information
     (lanjutan)                                                        (continued)

     p.   Aset tetap, aset hak guna, dan liabilitas                    p.   Fixed assets, right-of-use         and    lease
          sewa (lanjutan)                                                   liabilities (continued)

          bersangkutan dan laba atau rugi yang terjadi                      is reflected in the current year’s consolidated
          dilaporkan dalam laporan laba rugi dan                            statement of profit or loss and other
          penghasilan komprehensif lain konsolidasian                       comprehensive income.
          tahun berjalan.

          Biaya-biaya sehubungan dengan pengurusan                          The expenses incurred in relation with the
          perpanjangan hak atas tanah ditangguhkan dan                      extension of land right are deferred and
          diamortisasi sepanjang umur hak atas tanah.                       amortized over the term of the land rights.

          Aset dalam konstruksi merupakan aset yang                         Assets under construction represents assets in
          masih dalam proses penyelesaian dan belum                         progress of construction and not yet ready for
          siap untuk digunakan, serta dimaksudkan untuk                     use, and intended to be used in business
          dipergunakan dalam kegiatan usaha. Aset ini                       activity. The assets are recorded based on the
          dicatat sebesar biaya yang telah terjadi.                         incurred cost.

          Estimasi masa manfaat ekonomis, metode                            Estimated useful lives, depreciation method,
          penyusutan, dan nilai residu dikaji ulang pada                    and residual value are reviewed at end of each
          setiap akhir periode pelaporan dan disesuaikan                    reporting period and adjusted prospectively, if
          secara prospektif.                                                appropriate.

          Jumlah     tercatat   aset   tetap  dihentikan                    An item of fixed asset is derecognized upon
          pengakuannya pada saat dilepaskan atau saat                       disposal or when no future economic benefits
          tidak ada manfaat ekonomis masa depan yang                        are expected from its use or disposal. Any gain
          diharapkan       dari     penggunaan      atau                    or loss arising on derecognition of the asset
          pelepasannya. Laba atau rugi yang timbul dari                     (calculated as the difference between the net
          penghentian pengakuan aset (dihitung sebagai                      disposal proceeds and the carrying amount of
          perbedaan antara jumlah neto hasil pelepasan                      the asset) is included in the consolidated
          dan jumlah tercatat dari aset) diperhitungkan                     statements of profit and other comprehensive
          dalam laporan laba rugi dan penghasilan                           income in the period such asset is
          komprehensif lain konsolidasian pada periode                      derecognized.
          aset tersebut dihentikan pengakuannya.

          Grup melakukan penelaahan pada akhir tahun                        The Group conducts a review at the end of the
          untuk menentukan adanya indikasi terjadinya                       year to determine whether there are indications
          penurunan nilai aset. Grup menghitung taksiran                    of asset impairment. The Group calculates the
          jumlah yang dapat diperoleh kembali atas nilai                    estimated recoverable amount of all their assets
          semua aset yang dimiliki apabila terdapat                         and determines if there is a decrease in the
          situasi atau keadaan yang memberikan indikasi                     value of the assets and recognize an
          terjadinya    penurunan     nilai aset    dan                     impairment loss on such assets to the current
          mengakuinya sebagai rugi penurunan nilai                          year’s profit or loss.
          dalam laba rugi tahun berjalan.

          Bila nilai tercatat suatu aset melebihi taksiran                  When the carrying amount of an asset exceeds
          jumlah yang dapat diperoleh kembali maka nilai                    its estimated recoverable amount, the asset is
          tercatat tersebut diturunkan ke jumlah yang                       written-down to its estimated recoverable
          dapat diperoleh kembali tersebut, yang                            amount, which is determined as the higher of
          ditentukan sebagai nilai tertinggi antara harga                   net selling price or value in use.
          jual neto dan nilai pakai.




                                                         - 59 -
Page 550
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)



2.   Informasi     Kebijakan    Akuntansi     Material            2.   Material    Accounting         Policy     Information
     (lanjutan)                                                        (continued)

     p.   Aset tetap, aset hak guna dan liabilitas sewa                p.   Fixed assets, right-of-use          and     lease
          (lanjutan)                                                        liabilities (continued)

          Aset hak guna dan liabilitas sewa                                 Right-of-use assets and lease liabilities

          Pada tanggal permulaan kontrak, Grup menilai                      At the inception of the contract, the Group
          apakah kontrak merupakan atau mengandung                          assess whether the contract is or contains a
          sewa. Suatu kontrak merupakan atau                                lease. A contract is or contains a lease if the
          mengandung sewa jika kontrak tersebut                             contract conveys the right to control the use of
          memberikan       hak  untuk    mengendalikan                      an identified assets for a period of time in
          penggunaan aset identifikasian selama suatu                       exchange for consideration. The Group can
          jangka waktu untuk dipertukarkan dengan                           choose not to recognized the right-use-passets
          imbalan. Grup dapat memilih untuk tidak                           and lease liabilities for:
          mengakui aset hak-guna dan liabilitas sewa
          untuk:
           •   sewa dengan jangka waktu kurang atau                         •   leases with a term of less or equal to 12
               sama dengan 12 bulan dan tidak terdapat                          months and there is no purchase option;
               opsi beli; dan                                                   and
           •   sewa atas aset dengan nilai rendah.                          •   leases of low value assets.

          Untuk menilai apakah kontrak memberikan hak                       To assess whether a contract conveys the right
          untuk mengendalikan penggunaan aset                               to control the use of an identified asset, the
          identifikasian, Grup harus menilai apakah:                        Group shall assess whether:
          •   Grup memiliki hak untuk mengoperasikan                        •   The Group has the right to operate the
              aset; dan                                                         assets; and
          •   Grup telah mendesain aset dengan cara                         •   The Group has designed the assets in a
              menetapkan sebelumnya bagaimana dan                               way that predetermine how and for what
              untuk tujuan apa aset akan digunakan                              purpose it will be used during their period
              selama periode penggunaan.                                        of use.

          Grup mengakui liabilitas sewa sebesar jumlah                      The Group recognizes lease liabilities at the
          pembayaran sewa yang masih harus dibayar                          amount of lease payments accrued to the end
          hingga akhir masa sewa yang didiskontokan                         of the lease term which discounted using the
          dengan menggunakan suku bunga pinjaman                            incremental borrowing rate. Meanwhile, the
          inkremental. Sedangkan aset hak guna                              right-of-use assets includes the amount of lease
          mencakup jumlah liabilitas sewa yang diakui,                      liabilities recognized, initial direct costs paid,
          biaya langsung awal yang dibayarkan, biaya                        restoration costs and lease payments on or
          pemulihan dan pembayaran sewa yang                                before the start date of the lease, less lease
          dilakukan pada atau sebelum tanggal mulai                         incentives received.
          sewa, dikurangi insentif sewa yang diterima.

          Pembayaran sewa juga termasuk harga                               Lease payments also include the reasonable
          eksekusi opsi pembelian yang wajar jika                           exercise price for the purchase option if it is
          dipastikan akan dilakukan oleh Grup dan                           determined to be made by the Group and the
          pembayaran penalti untuk mengakhiri sewa,                         payment of a penalty to terminate the lease, if
          jika jangka waktu sewa mencerminkan Grup                          the lease term reflects the Group exercising the
          mengeksekusi     opsi    penghentian  sewa.                       lease termination option. Variable lease
          Pembayaran sewa variabel yang tidak                               payments that are not depedent on an index or
          bergantung pada indeks atau suku bunga                            interest rate are recognized as an expense in
          diakui sebagai beban pada periode di mana                         the period in which the event or condition that
          peristiwa   atau    kondisi  yang    memicu                       triggers the payment occurs.
          pembayaran terjadi.




                                                         - 60 -
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PT BANK KB BUKOPIN TBK                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                        AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                  Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                             For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                   (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                          otherwise stated)
lain)



2.   Informasi      Kebijakan      Akuntansi       Material           2.   Material    Accounting          Policy     Information
     (lanjutan)                                                            (continued)

     p.   Aset tetap, aset hak guna, dan liabilitas                        p.   Fixed assets, right-of-use            and     lease
          sewa (lanjutan)                                                       liabilities (continued)

          Aset hak guna dan liabilitas sewa (lanjutan)                          Right-of-use assets and lease liabilities
                                                                                (continued)

          Aset hak guna disusutkan dengan metode                                Right-of-use asset are depreciated using the
          garis lurus selama jangka waktu yang lebih                            straight-line method over the shorter period
          pendek antara masa sewa dengan estimasi                               between the lease term and the estimated
          masa manfaat aset.                                                    useful life of the asset.

          Jika kepemilikan aset sewa dialihkan ke Grup                          If the ownership of lease asset is transferred to
          pada akhir masa sewa atau pembayaran sewa                             the Group at the end of the lease term or the
          mencerminkan pelaksanaan opsi pembelian,                              lease payments reflect the exercise of the
          penyusutan dihitung menggunakan estimasi                              purchase option, depreciation is calculated
          masa manfaat ekonomis aset. Aset hak guna                             using the estimated useful life of the assets.
          diuji penurunan nilainya sesuai dengan PSAK                           Right-of-use assets are tested for impairment in
          236 “Penurunan Nilai Aset”.                                           accordance with SFAS 236 “Impairment of
                                                                                Asset”.

          Dalam menghitung nilai kini dari pembayaran                           In calculating the present value of lease
          sewa, Grup menggunakan suku bunga                                     payments, the Group uses the lessee’s
          pinjaman inkremental penyewa pada tanggal                             incremental borrowing rate at the inception date
          dimulainya sewa karena suku bunga implisit                            of the lease since the interest rate implicit in the
          dalam sewa tidak dapat ditentukan. Setelah                            lease cannot be determined. After the inception
          tanggal dimulainya sewa, jumlah liabilitas sewa                       date of the lease, the amount of the lease
          ditingkatkan        untuk       mencerminkan                          liability is increased to reflect the increase in
          pertambahan        bunga      dan      dikurangi                      interest and reduce the lease payments made.
          pembayaran sewa yang dilakukan. Selain itu,                           Furthermore, the lease liabilities carrying
          jumlah tercatat liabilitas sewa diukur kembali                        amount       is   remeasured     if   there      are
          jika terdapat modifikasi, perubahan jangka                            modifications, changes in term of the lease,
          waktu sewa, perubahan pembayaran sewa,                                lease payments, or the valuation of the option
          atau perubahan dalam penilaian opsi untuk                             to purchase the underlying asset.
          membeli aset pendasar.

          Sewa jangka pendek (dengan jangka waktu                               Short-term leases (with term of less or equal to
          kurang atau sama dengan 12 bulan) dan sewa                            12 months) and leases of low-value assets, and
          aset bernilai rendah, serta elemen-elemen                             elements of those leases, partially or entirely
          sewa tersebut, sebagian atau seluruhnya                               applying the recognition principles will follow the
          menerapkan       prinsip-prinsip  pengecualian                        recognition exemption stipulated by SFAS 116.
          pengakuan yang ditentukan oleh PSAK 116.                              The Group will recognize these lease payments
          Grup akan mengakui pembayaran sewa                                    on a straight-line basis during the lease period
          tersebut dengan dasar garis lurus selama                              on the consolidated statement of profit or loss
          masa sewa dalam laporan laba rugi dan                                 and other comprehensive income. This expense
          penghasilan komprehensif lain konsolidasian.                          is recorded under general and administrative
          Beban ini dicatat pada beban umum dan                                 expenses in profit or loss.
          administrasi dalam laporan laba rugi.

     q.   Aset takberwujud                                                 q.   Intangible assets

          Aset takberwujud terdiri dari goodwill dan piranti                    Intangible assets consist of goodwill and
          lunak.                                                                softwares.

          Aset takberwujud diakui jika, dan hanya jika,                         Intangible assets are recognized if, and only if
          biaya perolehan aset tersebut dapat diukur                            when its cost of the asset can be measured
          secara andal dan kemungkinan besar Grup                               reliably and it is probable that expected future
          akan memperoleh manfaat ekonomis masa                                 benefits that are attributable to such assets will
          depan dari aset tersebut.                                             flow to the Group.




                                                             - 61 -
Page 552
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)



2.   Informasi      Kebijakan      Akuntansi      Material         2.   Material    Accounting          Policy     Information
     (lanjutan)                                                         (continued)

     q. Aset takberwujud (lanjutan)                                     q.   Intangible assets (continued)

         i.    Goodwill                                                      i.    Goodwill

               Goodwill merupakan selisih lebih antara                             Goodwill represents the difference between
               harga perolehan investasi dan bagian Bank                           the acquisition cost of an investment and
               atas nilai wajar aset neto entitas anak pada                        the Bank’s share of the fair value of the net
               tanggal akuisisi. Kerugian yang menjadi                             assets of the subsidiary as at the date of
               bagian dari kepentingan non-pengendali                              acquisition. The losses applicable to the
               pada suatu entitas anak yang melebihi                               non-controlling interest in a subsidiary that
               bagiannya dalam modal disetor pada                                  exceed its interests in the equity of the
               tanggal akuisisi, diperhitungkan sebagai                            subsidiary at the acquisition date, is
               bagian dari goodwill.                                               calculated as part of goodwill.

               Goodwill diukur sebesar nilai tercatat                              Goodwill is measured at carrying value less
               dikurangi dengan akumulasi penurunan                                accumulated     impairment     losses    as
               nilai seperti diungkapkan pada Catatan 2o.                          disclosed in Note 2o.

         ii.   Piranti Lunak                                                 ii.   Softwares

               Piranti lunak yang bukan merupakan                                  Software that is not an integral part of a
               bagian integral dari perangkat keras yang                           related hardware is recorded as intangible
               terkait dicatat sebagai aset takberwujud                            asset and stated at carrying amount, which
               dan dinyatakan sebesar nilai tercatat, yaitu                        is cost less accumulated amortization.
               sebesar harga perolehan dikurangi dengan
               akumulasi amortisasi.

               Pengeluaran selanjutnya untuk piranti                               Subsequent expenditure on software is
               lunak akan dikapitalisasi hanya jika                                capitalized only when it increases the
               pengeluaran tersebut menambah manfaat                               future economic benefits embodied in the
               ekonomis aset yang bersangkutan dimasa                              specific asset to which it relates. All other
               datang. Semua pengeluaran lainnya                                   expenditure is expensed as inccured.
               dibebankan saat terjadinya.

               Piranti   lunak      diamortisasi   dengan                          Software is amortized using straight-line
               menggunakan metode garis lurus selama                               method over the estimated useful life of
               estimasi masa manfaat ekonomis aset                                 software, which is 4 (four) years.
               yaitu 4 (empat) tahun. Amortisasi dimulai                           Amortization is recognized from the date
               ketika aset tersedia untuk digunakan.                               when the asset is available for use.

         Aset takberwujud dihentikan pengakuannya jika                       An intangible asset shall be derecognized on
         dilepas atau ketika tidak terdapat lagi manfaat                     disposal or when no future economic benefits
         ekonomi masa depan yang diharapkan dari                             are expected from its use or disposal. The gain
         penggunaan atau pelepasannya. Keuntungan                            or loss arising from the derecognition of an
         atau kerugian yang muncul dari penghentian                          intangible asset shall be determined as the
         pengakuan aset takberwujud ditentukan                               difference between the net disposal proceeds,
         sebagai selisih antara hasil neto pelepasan, jika                   if any, and the carrying amount of the asset.
         ada, dan jumlah tercatat aset.

         Keuntungan atau kerugian diakui dalam laporan                       The gain or loss shall be recognized in
         laba rugi dan penghasilan komprehensif lain                         consolidated statement of profit or loss and
         konsolidasian ketika aset tersebut dihentikan                       other comprehensive income when the asset is
         pengakuannya.                                                       derecognized.




                                                          - 62 -
Page 553
PT BANK KB BUKOPIN TBK                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                        AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                  Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                             For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                   (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                          otherwise stated)
lain)



2.   Informasi       Kebijakan       Akuntansi      Material          2.   Material    Accounting          Policy     Information
     (lanjutan)                                                            (continued)

     r. Aset lain-lain                                                      r.   Other assets

          Aset lain-lain antara lain terdiri dari uang muka,                     Other assets consist of advance payments,
          biaya dibayar dimuka, bunga masih akan                                 prepaid    expenses,     interests receivable,
          diterima, agunan yang diambil alih, dan lain-lain.                     foreclosed assets, and others.

          Agunan yang diambiI alih diakui sebesar nilai                          Foreclosed assets are stated at net realizable
          terendah antara nilai tercatat kredit yang                             value or at loan outstanding amount, whichever
          diberikan atau nilai realisasi neto dari agunan                        is lower. Net realizable value is the fair value of
          yang diambil alih. Nilai realisasi neto adalah nilai                   the foreclosed assets less estimated costs of
          wajar agunan yang diambil alih dikurangi dengan                        liquidating the assets. The excess of loan
          estimasi biaya untuk menjual agunan tersebut.                          receivable over the net realizable value of the
          Selisih lebih saldo kredit di atas nilai realisasi                     foreclosed assets is charged to the allowance
          neto dari agunan yang diambil alih dibebankan                          for impairment losses.
          ke dalam akun cadangan kerugian penurunan
          nilai.
          Selisih antara nilai agunan yang diambil alih dan                      The difference between the value of the
          hasil penjualannya diakui sebagai keuntungan                           foreclosed assets and the proceeds from the
          atau kerugian pada saat penjualan.                                     sale of such properties is recorded as gain or
                                                                                 loss at the time of sale.

          Beban-beban     yang      berkaitan     dengan                         Expenses for maintaining foreclosed assets are
          pemeliharaan agunan yang diambil alih                                  charged in the profit or loss as incurred.
          dibebankan pada laba rugi pada saat terjadinya.

          Bila terjadi penurunan nilai yang bersifat                             The carrying amount of the foreclosed assets is
          permanen, maka nilai tercatat agunan yang                              written-down to recognize a permanent decline
          diambil   alih   dikurangi   untuk    mengakui                         in value of the foreclosed assets. Any such
          penurunan      tersebut    dan     kerugiannya                         write-down is charged to the current year’s
          dibebankan pada laba rugi tahun berjalan.                              profit or loss.

     s.   Liabilitas segera                                                s.    Liabilities immediately payable

          Liabilitas segera merupakan liabilitas Grup yang                       Liabilities immediately payable represent
          harus segera dibayarkan kepada pihak lain                              obligations to third parties based on contract or
          berdasarkan kontrak atau perintah dari pihak                           order by those having authority that have to be
          yang mempunyai kewenangan untuk itu.                                   settled immediately. Liabilities immediately
          Liabilitas segera diukur sebesar biaya perolehan                       payable are measured at their amortized cost
          diamortisasi dengan menggunakan metode suku                            using effective interest rate method.
          bunga efektif.

     t. Simpanan nasabah                                                   t.    Deposits from customers

          Giro, tabungan dan deposito berjangka                                  Demand deposits, savings deposits and time
          diklasifikasikan sebagai liabilitas yang diukur                        deposits are classified as liabilities measured at
          pada biaya perolehan diamortisasi, yang diakui                         amortized cost, which are initially recognized at
          pada nilai wajar ditambah biaya transaksi yang                         fair value plus directly attributable transaction
          dapat diatribusikan secara langsung, jika ada,                         costs, if any, and subsequently measured at
          pada pengakuan awal dan selanjutnya diukur                             amortized cost using the effective interest rate
          pada biaya perolehan diamortisasi dengan                               method. Amortized cost is calculated by taking
          menggunakan metode suku bunga efektif. Biaya                           into account any discount or premium related to
          perolehan      diamortisasi  dihitung   dengan                         the initial recognition of deposits from
          memperhitungkan adanya diskonto atau premi                             customers and transaction costs that are an
          terkait dengan pengakuan awal simpanan                                 integral part of the effective interest rate.
          nasabah dan biaya transaksi yang merupakan
          bagian yang tak terpisahkan dari suku bunga
          efektif.




                                                             - 63 -
Page 554
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)



2.   Informasi    Kebijakan      Akuntansi      Material         2.   Material    Accounting        Policy      Information
     (lanjutan)                                                       (continued)

     u. Simpanan syariah                                              u.   Sharia deposits

        Simpanan syariah terdiri dari giro wadiah,                         Sharia deposits consist of wadiah demand
        tabungan      wadiah,   Sertifikat Investasi                       deposits, wadiah savings deposits, Certificate of
        Mudharabah Antar Bank (SIMA), tabungan dan                         Inter Bank Mudharabah Investment (SIMA),
        deposito berjangka mudharabah.                                     mudharabah savings and time deposits.

        Giro wadiah merupakan titipan dana pihak ketiga                    Wadiah demand deposits represent entrusted
        yang     mendapatkan     bonus    berdasarkan                      third party funds which earn bonus based on
        kebijakan entitas anak Bank. Giro wadiah                           the subsidiary of the Bank’s policy. Wadiah
        dinyatakan sebesar titipan pemegang giro di                        demand deposits are stated at the amounts due
        entitas anak Bank.                                                 to the depositors in Bank’s subsidiary.

        Tabungan wadiah merupakan simpanan pihak                           Wadiah savings deposits represent third party
        lain yang mendapatkan bonus berdasarkan                            funds which earn bonus based on the
        kebijakan entitas anak Bank. Tabungan wadiah                       subsidiary of the Bank’s policy. Wadiah savings
        dinyatakan sebesar nilai investasi pemegang                        deposits are stated at the investment amounts
        tabungan di entitas anak Bank.                                     due to the depositors in Bank’s subsidiary.

        Sertifikat Investasi Mudharabah Antar Bank                         The      Interbank   Mudharabah     Investment
        (sertifikat IMA) didefinisikan sebagai sertifikat                  Certificate (IMA certificate) is defined as a
        yang diterbitkan oleh bank syariah atau Unit                       certificate issued by a sharia bank or Sharia
        Usaha Syariah yang digunakan sebagai sarana                        Business Unit which is used as a means of
        investasi jangka pendek di Pasar Uang                              short-term investment in Interbank Money
        Antarbank Berdasarkan Prinsip Syariah (PUAS)                       Market Based on Sharia Principles. (PUAS)
        dengan akad mudharabah.                                            with a mudharabah contract.

        Tabungan mudharabah merupakan simpanan                             Mudharabah savings deposits represent third
        pihak lain yang mendapatkan imbal bagi hasil                       party funds which earn profit sharing in return
        atas penggunaan dana sesuai dengan nisbah                          for utilization of funds in accordance with pre-
        yang telah ditetapkan dan disetujui sebelumnya.                    determined and pre-approved revenue sharing
                                                                           (nisbah).

        Deposito berjangka mudharabah merupakan                            Mudharabah time deposits represent deposits
        simpanan pihak lain yang hanya dapat ditarik                       from third parties which can be withdrawn only
        pada waktu tertentu sesuai dengan perjanjian                       at specified dates based on the agreement
        antara pemegang deposito dengan entitas anak                       between the depositors and the Bank’s
        Bank.    Deposito     berjangka   mudharabah                       subsidiary. Mudharabah time deposits are
        dinyatakan sebesar nilai nominal.                                  stated at nominal amounts.

     v. Simpanan dari bank lain                                       v.   Deposits from other banks

        Simpanan dari bank lain terdiri dari liabilitas                    Deposits from other banks represent liabilities
        terhadap bank Iain, baik dalam maupun luar                         to domestic and overseas banks, in the form of
        negeri, dalam bentuk tabungan, giro, interbank                     saving deposits, demand deposits, interbank
        call money yang jatuh tempo menurut perjanjian                     call money with original maturities of 90 days or
        tidak lebih dari 90 hari, dan deposito berjangka.                  less, and time deposits.

        Simpanan dari bank lain diklasifikasikan sebagai                   Deposits from other banks are classified as
        liabilitas yang diukur pada biaya perolehan                        liabilities measured at amortized cost, which are
        diamortisasi, yang diakui pada nilai wajar                         initially recognized at fair value plus directly
        ditambah      biaya    transaksi    yang   dapat                   attributable transaction costs, if any, and
        diatribusikan secara langsung, jika ada, pada                      subsequently are measured at amortized cost
        pengakuan awal dan selanjutnya diukur pada                         using the effective interest rate method.
        biaya      perolehan      diamortisasi   dengan                    Amortized cost is calculated by taking into
        menggunakan metode suku bunga efektif. Biaya                       account any discount or premium related to the
        perolehan      diamortisasi   dihitung   dengan                    initial recognition of deposits from other Banks
        memperhitungkan adanya diskonto atau premi                         and transaction costs that are an integral part of
        terkait dengan pengakuan awal simpanan dari                        the effective interest rate.
        bank lain dan biaya transaksi yang merupakan
        bagian yang tidak terpisahkan dari suku bunga
        efektif.


                                                        - 64 -
Page 555
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)


2.   Informasi     Kebijakan      Akuntansi      Material         2.   Material    Accounting         Policy      Information
     (lanjutan)                                                        (continued)
     v.   Simpanan dari bank lain (lanjutan)                           v.   Deposits from other banks (continued)
          Simpanan dari bank lain termasuk simpanan                         Deposits from other banks include Sharia
          syariah dalam bentuk giro wadiah, tabungan                        deposits in the form of wadiah demand
          mudharabah, dan investasi tidak terikat yang                      deposits, mudharabah savings deposits, and
          terdiri dari deposito berjangka mudharabah.                       unrestricted investments which consist of
                                                                            mudharabah time deposits.
     w. Pinjaman yang diterima                                         w.   Borrowings
          Pinjaman yang diterima merupakan dana yang                        Borrowings are funds received from the
          diterima dari Pemerintah Republik Indonesia,                      Government of the Republic of Indonesia, Bank
          Bank Indonesia, bank lain atau pihak lain                         Indonesia, other banks, or other parties with
          dengan kewajiban pembayaran kembali sesuai                        payment obligation based on borrowing
          dengan persyaratan perjanjian pinjaman.                           agreements.
          Pinjaman yang diterima diklasifikasikan sebagai                   Borrowings are classified as liabilities measured
          liabilitas yang diukur pada biaya perolehan                       at amortized cost which are initially recognized
          diamortisasi, yang pada pengakuan awal                            at fair value less directly attributable transaction
          dinyatakan sebesar nilai wajar dikurangi biaya                    costs, if any, and subsequently measured at
          transaksi yang dapat diatribusikan secara                         amortized cost using the effective interest rate
          langsung, jika ada, dan kemudian dinyatakan                       method. Amortized cost is calculated by taking
          sebesar biaya perolehan diamortisasi dengan                       into account any discount or premium related to
          menggunakan metode suku bunga efektif.                            the initial recognition of borrowings and
          Biaya perolehan diamortisasi dihitung dengan                      transaction costs that are an integral part of the
          memperhitungkan adanya diskonto atau premi                        effective interest rate.
          terkait dengan pengakuan awal pinjaman
          diterima dan biaya transaksi yang merupakan
          bagian yang tidak terpisahkan dari suku bunga
          efektif.
     x.   Surat berharga yang diterbitkan                              x.   Marketable securities issued
          Surat berharga yang diterbitkan diklasifikasikan                  Marketable securities issued are classified as
          sebagai liabilitas yang diukur pada biaya                         liabilities measured at amortized cost which are
          perolehan diamortisasi, yang pada pengakuan                       initially recognized at fair value less directly
          awal dinyatakan sebesar nilai wajar dikurangi                     attributable transaction costs and subsequently
          biaya transaksi yang dapat diatribusikan secara                   measured at amortized cost using the effective
          langsung dan kemudian dinyatakan sebesar                          interest rate method. Amortized cost is
          biaya     perolehan    diamortisasi      dengan                   calculated by taking into account any discount
          menggunakan metode suku bunga efektif.                            or premium related to the initial recognition of
          Biaya perolehan diamortisasi dihitung dengan                      securities issued and transaction costs that are
          memperhitungkan adanya diskonto atau premi                        an integral part of the effective interest rate.
          terkait dengan pengakuan awal surat berharga
          yang diterbitkan dan biaya transaksi yang
          merupakan bagian yang tidak terpisahkan dari
          suku bunga efektif.
     y.   Pendapatan dan beban bunga                                   y.   Interest income and expense
          Untuk seluruh instrumen keuangan diukur pada                      For all financial instruments measured at
          biaya perolehan diamortisasi, aset keuangan                       amortized cost, financial assets with interest
          dengan         pendapatan     bunga       yang                    income classified as available for sale, and
          diklasifikasikan sebagai tersedia untuk dijual,                   financial instruments designated at fair value
          dan instrumen keuangan yang ditetapkan pada                       through profit or loss, interest income or
          nilai wajar melalui laba rugi, pendapatan                         expense is recorded using the effective interest
          maupun       beban   bunga    diakui   dengan                     rate method, which is the rate that exactly
          menggunakan metode suku bunga efektif, yaitu                      discounts estimated future cash payments or
          suku bunga yang akan mendiskonto secara                           receipts through the expected life of the financial
          tepat estimasi pembayaran atau penerimaan                         instrument or a shorter period, where
          kas di masa datang sepanjang perkiraan umur                       appropriate, to the net carrying amount of the
          instrumen keuangan tersebut atau, jika lebih                      financial asset or financial liability.
          tepat untuk masa yang lebih singkat untuk nilai
          tercatat neto dari aset keuangan atau liabilitas
          keuangan.


                                                         - 65 -
Page 556
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)



2.   Informasi      Kebijakan      Akuntansi       Material         2.   Material    Accounting           Policy      Information
     (lanjutan)                                                          (continued)

     y.   Pendapatan dan beban bunga (lanjutan)                          y.    Interest income and expense (continued)

          Untuk seluruh instrumen keuangan diukur pada                         For all financial instruments measured at
          biaya perolehan diamortisasi, aset keuangan                          amortized cost, financial assets with interest
          dengan         pendapatan     bunga       yang                       income classified as available for sale, and
          diklasifikasikan sebagai tersedia untuk dijual,                      financial instruments designated at fair value
          dan instrumen keuangan yang ditetapkan pada                          through profit or loss, interest income or
          nilai wajar melalui laba rugi, pendapatan                            expense is recorded using the effective interest
          maupun       beban   bunga    diakui   dengan                        rate method, which is the rate that exactly
          menggunakan metode suku bunga efektif, yaitu                         discounts estimated future cash payments or
          suku bunga yang akan mendiskonto secara                              receipts through the expected life of the financial
          tepat estimasi pembayaran atau penerimaan                            instrument or a shorter period, where
          kas di masa datang sepanjang perkiraan umur                          appropriate, to the net carrying amount of the
          instrumen keuangan tersebut atau, jika lebih                         financial asset or financial liability.
          tepat untuk masa yang lebih singkat untuk nilai
          tercatat neto dari aset keuangan atau liabilitas
          keuangan.

          Perhitungan            dilakukan      dengan                         The calculation takes into account all
          memperhitungkan seluruh syarat dan ketentuan                         contractual terms of the financial instrument
          kontraktual dari instrumen keuangan dan biaya                        and includes any fees or incremental costs that
          tambahan yang timbul secara langsung untuk                           are directly attributable to the instrument and
          instrumen tersebut dan merupakan bagian tidak                        are an integral part of the effective interest rate.
          terpisahkan dari suku bunga efektif.

          Pendapatan dan beban bunga yang disajikan di                         Interest income and expenses presented in the
          dalam laporan laba rugi konsolidasian dan                            consolidated statements of profit or loss and
          penghasilan komprehensif lain meliputi:                              other comprehensive income include:

          a.   Pendapatan dan beban bunga atas aset                            a.   Interest income and expense on financial
               keuangan yang diukur pada nilai wajar                                assets measured at fair value through
               melalui penghasilan komprehensif lain                                other comprehensive income as well as
               serta aset keuangan dan liabilitas                                   financial assets and financial liabilities
               keuangan yang dicatat berdasarkan biaya                              recorded at amortized cost are recognized
               perolehan diamortisasi, diakui pada                                  in the consolidated statement of profit or
               laporan laba rugi konsolidasian dengan                               loss using the effective interest method.
               menggunakan metode suku bunga efektif.

               Jumlah tercatat bruto aset keuangan                        b.        The gross carrying amount of a financial
               adalah biaya perolehan diamortisasi aset                             asset is the amortized cost of a financial
               keuangan sebelum disesuaikan dengan                                  asset before adjusting for allowance for
               cadangan penurunan nilai.                                            impairment.
                                                                          c.
               Dalam menghitung pendapatan dan beban                                In calculating interest income and
               bunga, tingkat bunga efektif diterapkan                              expenses, the effective interest rate is
               pada jumlah tercatat bruto aset (ketika                              applied to the gross carrying amount of an
               aset tersebut bukan aset keuangan                                    asset (when the asset is not a deteriorated
               memburuk) atau terhadap biaya perolehan                              financial asset) or to the amortized cost of
               diamortisasi dari liabilitas.                                        a liability.

               Untuk aset keuangan yang memburuk                                    For financial assets that deteriorated after
               setelah pengakuan awal, pendapatan                                   initial recognition, interest income is
               bunga dihitung dengan menerapkan                                     calculated by applying an effective interest
               tingkat bunga efektif terhadap biaya                                 rate to the amortized cost of the financial
               perolehan diamortisasi dari aset keuangan                            assets. If the asset no longer deteriorates,
               tersebut. Jika aset tersebut tidak lagi                              the calculation of interest income will be
               memburuk, maka perhitungan pendapatan                                calculated by applying an effective interest
               bunga akan dihitung dengan menerapkan                                rate to the gross carrying amount of the
               tingkat bunga efektif terhadap nilai tercatat                        financial asset.
               bruto dari aset keuangan tersebut.




                                                           - 66 -
Page 557
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)



2.   Informasi      Kebijakan     Akuntansi       Material         2.   Material    Accounting           Policy      Information
     (lanjutan)                                                         (continued)

     y.    Pendapatan dan beban bunga (lanjutan)                        y.    Interest income and expense (continued)

               Untuk aset keuangan yang telah                                        For financial assets that have deteriorated
               memburuk pada saat pengakuan awal,                                    at initial recognition, interest income is
               pendapatan bunga dihitung dengan                                      calculated by applying the effective
               menerapkan tingkat bunga efektif terhadap                             interest rate to the amortized cost of the
               biaya perolehan diamortisasi dari aset                                financial assets. If the asset no longer
               keuangan tersebut. Jika aset tersebut tidak                           deteriorates, the calculation of interest
               lagi   memburuk,     maka      perhitungan                            income will still be calculated by applying
               pendapatan bunga akan tetap dihitung                                  the effective interest rate to the amortized
               dengan menerapkan tingkat bunga efektif                               cost of the financial asset.
               terhadap biaya perolehan diamortisasi dari
               aset keuangan tersebut.

          b.   Keuntungan dan kerugian yang timbul dari                  c. b.       Gains and losses arising from changes in
               perubahan nilai wajar atas aset keuangan                              the fair value of financial assets classified
               yang diklasifikasikan dalam kelompok                                  in this category are recognized directly in
               diakui secara langsung dalam laporan laba                             other comprehensive income (as part of
               rugi komprehensif (merupakan bagian dari                              equity), until the financial asset is
               ekuitas) sampai aset keuangan tersebut                                derecognized or impaired, except gain or
               dihentikan pengakuannya atau adanya                                   loss arising from changes in exchanges
               penurunan nilai, kecuali keuntungan atau                              rate for debt instrument.
               kerugian akibat perubahan nilai tukar untuk
               instrumen utang.
                                                                         d.
               Pada saat aset keuangan dihentikan                                    When a financial asset is derecognized or
               pengakuannya atau dilakukan penurunan                                 impaired, the cumulative gains or losses
               nilai, keuntungan atau kerugian kumulatif                             previously recognized in equity are
               yang sebelumnya diakui dalam ekuitas                                  recognized in profit or loss.
               harus diakui pada laporan laba rugi.

               -   Pendapatan dan beban bunga atas                                   -    Interest income and expense on fair
                   aset diukur pada nilai wajar melalui                                   value through other comprehensive
                   penghasilan       komprehensif      lain                               income assets and financial assets
                   serta aset keuangan dan liabilitas                                     and liabilities measured at amortized
                   keuangan yang dicatat berdasarkan                                      cost, are recognized in the profit or
                   biaya perolehan diamortisasi, diakui                                   loss using the effective interest rate
                   pada laporan laba rugi dengan                                          method.
                   menggunakan metode suku bunga
                   efektif.
               -   Keuntungan dan kerugian yang timbul                           -   -   Gains and losses arising from
                   dari perubahan nilai wajar aset                                       changes in the fair value of the
                   keuangan dan liabilitas keuangan                                      financial   assets     and    liabilities
                   yang diklasifikasikan sebagai diukur                                  classified as fair value through profit
                   pada nilai wajar melalui laporan laba                                 or loss are included in the profit or
                   rugi diakui pada laporan laba rugi.                                   loss.

           Jika aset keuangan atau kelompok aset                              If a financial asset or a group of similar financial
           keuangan serupa telah diturunkan nilainya                          assets’ has been impaired due to an impairment
           sebagai akibat kerugian penurunan nilai, maka                      loss, then interest income earned afterward is
           pendapatan bunga yang diperoleh setelahnya                         recognized on the portion of the financial asset
           diakui atas bagian aset keuangan yang tidak                        that has not suffered an impairment, based on
           mengalami penurunan nilai dari aset keuangan                       the interest rate used to discount future cash
           yang mengalami penurunan nilai, berdasarkan                        flows when calculating the impairment loss.
           suku bunga yang digunakan untuk mendiskonto
           arus kas masa datang dalam menghitung
           kerugian penurunan nilai.




                                                          - 67 -
Page 558
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)



2.   Informasi     Kebijakan      Akuntansi     Material         2.   Material    Accounting        Policy      Information
     (lanjutan)                                                       (continued)

     y.   Pendapatan dan beban bunga (lanjutan)                       y.   Interest income and expense (continued)

          Kredit yang pembayaran angsuran pokok atau                       Loans with principal and interest payment that
          bunganya telah lewat 90 hari atau lebih setelah                  have been past due for 90 days or more, or
          jatuh tempo atau yang pembayarannya secara                       where reasonable doubts regarding the timely
          tepat     waktu diragukan, secara umum                           collection exist, are generally classified as
          diklasifikasikan sebagai kredit yang mengalami                   impaired loans.
          penurunan nilai.

          Beban diakui pada saat terjadinya.                               Expenses are recognized when incurred.

          Nilai tercatat aset atau liabilitas keuangan                     The carrying amount of the financial asset or
          disesuaikan jika Grup merevisi estimasinya                       liability is adjusted if the Group revise their
          untuk pembayaran maupun penerimaan. Nilai                        estimates of payments or receipts. The adjusted
          tercatat yang disesuaikan tersebut dihitung                      carrying amount is calculated based on the
          dengan menggunakan suku bunga efektif awal                       original effective interest rate and the change in
          dan perubahannya dicatat pada laba rugi.                         carrying amount is recorded in the profit or loss.
          Tetapi untuk aset keuangan yang telah                            However, for a reclassified financial asset for
          direklasifikasi, dimana pada periode berikutnya                  which the Group subsequently increase their
          Grup meningkatkan estimasi penerimaan kas                        estimates of future cash receipts as a result of
          sebagai hasil dari peningkatan pengembalian                      increased recoverability of those cash receipts,
          penerimaan        kas,  dampak     peningkatan                   the effect of that increase is recognized as an
          pemulihan tersebut diakui sebagai penyesuaian                    adjustment to the effective interest rate from the
          pada suku bunga efektif sejak tanggal                            date of the change in estimate.
          perubahan estimasi.

          Pendapatan dan beban bunga termasuk                              Income and interest expense include margin
          pendapatan marjin dan bagi hasil serta beban                     and profit sharing revenue and expenses for the
          hak pihak ketiga atas bagi hasil dana syirkah                    rights of any third party for the temporary
          temporer dari Entitas Anak Syariah.                              syirkah fund of Sharia Subsidiary.

          Pendapatan Entitas Anak Syariah terdiri dari                     Revenues of Sharia Subsidiary consist of
          pendapatan marjin murabahah, bagi hasil dari                     murabahah margin, profit sharing mudharabah
          pembiayaan mudharabah dan musyarakah.                            and musyarakah financing.

          Pendapatan dari murabahah diakui dengan                          Revenue from murabahah is recognized using
          menggunakan metode akrual.                                       the accrual method.

          Pendapatan dari transaksi pembiayaan atas                        Revenue incurred from financing transactions
          dasar bagi hasil diakui pada saat angsuran                       for profit and loss sharing are recognized when
          diterima secara tunai.                                           received in cash installments.

          Pendapatan Ijarah diakui selama masa akad                        Ijarah income is recognized proportionately
          secara proporsional.                                             over the contract period.

          Pendapatan       atas     piutang    murabahah                   Income from murabahah receivables using the
          menggunakan metode setara tingkat imbal hasil                    effective rate of return method (effective
          efektif (marjin efektif). Marjin efektif adalah                  margin). Effective margin is the margin that
          marjin yang secara tepat mendiskontokan                          precisely discounts the estimated future cash
          estimasi pembayaran atau penerimaan kas di                       payments or receipts through the expected life
          masa datang selama perkiraan umur dari                           of the murabahah receivables. When
          piutang murabahah. Pada saat menghitung                          calculating the effective margin, Bank estimates
          margin efektif, Bank mengestimasi arus kas di                    the future cash flows considering all contractual
          masa datang dengan mempertimbangkan                              terms of the financial instrument, but does not
          seluruh    persyaratan      kontraktual  dalam                   consider the loss of receivables in the future.




                                                        - 68 -
Page 559
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)



2.   Informasi     Kebijakan       Akuntansi      Material         2.   Material    Accounting         Policy      Information
     (lanjutan)                                                         (continued)

     y.   Pendapatan dan beban bunga (lanjutan)                         y.   Interest income and expense (continued)

          instrumen keuangan tersebut, tetapi tidak                          This calculation includes all commissions,
          mempertimbangkan kerugian piutang di masa                          provision fees and other forms accepted by the
          mendatang. Perhitungan ini mencakup seluruh                        parties in the contract that are an inseparable
          komisi, provisi dan bentuk lain yang diterima                      part of the effective margin, transaction costs
          oleh para pihak dalam kontrak yang merupakan                       and all other premiums or discounts.
          bagian tak terpisahkan dari marjin efektif, biaya
          transaksi, dan seluruh premi atau diskon
          lainnya.

          Pendapatan       bagi    hasil      pembiayaan                     Mudharabah and musyarakah income are
          mudharabah dan musyarakah diakui pada saat                         recognized when cash is received or in a period
          diterima atau dalam periode terjadinya hak bagi                    where the right of revenue sharing is due based
          hasil sesuai porsi bagi hasil (nisbah) yang                        on agreed portion (nisbah).
          disepakati.

          Beban Unit Usaha Syariah merupakan beban                           Sharia Business Unit expenses represent a
          bagi hasil dan bonus giro dan tabungan wadiah,                     profit or loss sharing expense and current
          yang diakui pada saat timbulnya kewajiban                          accounts and wadiah saving account, which
          untuk melakukan bagi hasil sesuai dengan                           are recognized when the obligation occurred in
          nisbah yang disepakati.                                            accordance with the pre-agreed ratio.

     z.   Pendapatan dan beban provisi dan komisi                       z.   Fees and commission income and expense

          Pendapatan dan beban provisi dan komisi atas                       Fees and commissions income and expense of
          aset dan liabilitas keuangan yang merupakan                        financial assets and liabilities, which are an
          bagian dari suku bunga efektif, dimasukkan                         integral part of the effective interest rate are
          dalam perhitungan suku bunga efektif.                              being taken into account in calculating the
          Pendapatan dan beban ini diamortisasi                              effective interest rate. These income and
          sepanjang umur aset atau liabilitas keuangan.                      expense are amortized during the life of
                                                                             financial assets or liabilities.
          Provisi dan komisi yang tidak berkaitan dengan                     Commissions and fees not related to lending
          kegiatan perkreditan dan pinjaman yang                             and borrowing activities or loan and borrowing
          diterima atau jangka waktu perkreditan dan                         periods, or those that are not material are
          pinjaman yang diterima, atau jumlahnya tidak                       recognized as revenues and expenses at the
          material diakui sebagai pendapatan atau beban                      time the transactions occur.
          pada saat terjadinya transaksi.

     aa. Perpajakan                                                     aa. Taxation

          Aset dan liabilitas pajak penghasilan kini diakui                  Current income tax assets and liabilities are
          sebesar jumlah yang diperkirakan dapat                             provided at the amount expected to be
          diperoleh dari atau dibayar kepada otoritas                        recovered from or paid to the tax authority
          perpajakan        yang      dihitung     dengan                    which are computed using the tax rates (and tax
          menggunakan tarif pajak (dan peraturan pajak)                      laws) that have been enacted or substantively
          yang berlaku atau yang secara substantif                           enacted at the reporting date.
          diberlakukan pada tanggal pelaporan.

          Pajak penghasilan tangguhan dihitung dengan                        Deferred income tax is calculated using the
          menggunakan metode liabilitas, terhadap                            liability method, on all temporary differences at
          semua perbedaan temporer pada tanggal                              the consolidated statement of financial position
          laporan posisi keuangan konsolidasian antara                       date between the tax base of assets and
          aset dan liabilitas menurut pajak dan                              liabilities and their carrying amounts for financial
          nilai tercatatnya untuk tujuan pelaporan                           reporting purposes. Deferred tax assets and
          keuangan. Pajak tangguhan dihitung dengan                          liabilities are measured at the tax rates (and tax
          menggunakan tarif pajak (dan peraturan pajak)                      laws) that have been enacted or substantively
          yang berlaku atau yang secara substansif                           enacted to the year when the asset is realized
          diberlakukan pada tahun dimana aset tersebut                       or the liability is settled.
          direalisasikan   atau    liabilitas  tersebut
          diselesaikan.



                                                          - 69 -
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PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)



2.   Informasi    Kebijakan       Akuntansi      Material         2.   Material    Accounting         Policy      Information
     (lanjutan)                                                        (continued)

     aa. Perpajakan (lanjutan)                                         aa. Taxation (continued)

         Liabilitas pajak tangguhan diakui atas seluruh                    Deferred tax liabilities are recognized for all
         perbedaan temporer kena pajak, kecuali                            taxable temporary differences, except to the
         perbedaan temporer kena pajak yang berasal                        extent that the deferred tax liability arises from:
         dari:
         a. pengakuan awal goodwill; atau                                  a.   the initial recognition of goodwill; or
         b. pengakuan awal aset atau liabilitas dari                       b.   the initial recognition of an asset or liability
             transaksi yang bukan kombinasi bisnis dan                          in a transaction which is nor a business
             pada saat transaksi tidak memengaruhi                              combination and at the time of the
             laba akuntansi atau laba kena pajak (rugi                          transaction, affects neither accounting
             pajak).                                                            profit nor taxable profit (tax loss).

         Aset pajak tangguhan diakui untuk perbedaan                       Deferred tax assets are recognized for all
         temporer yang dapat dikurangkan untuk                             deductible temporary differences and carry
         keperluan pajak dan saldo rugi fiskal yang                        forward of unused tax losses, to the extent that
         dapat    dikompensasi,    sepanjang    besar                      it is probable that taxable profit will be available
         kemungkinan terdapat laba kena pajak pada                         against which the deductible temporary
         masa datang yang dapat dimanfaatkan atas                          differences and unused tax losses can be
         perbedaan temporer yang dapat dikurangkan                         utilized.
         untuk keperluan pajak dan saldo rugi fiskal
         yang dapat dikompensasi tersebut.

         Aset dan liabilitas pajak tangguhan dapat saling                  Deferred tax assets and liabilities are offset
         hapus apabila terdapat hak yang berkekuatan                       when there is a legally enforceable right to
         hukum untuk melakukan saling hapus antara                         offset current tax assets against current tax
         aset pajak kini dengan liabilitas pajak kini dan                  liabilities and when the deferred tax assets and
         apabila aset dan liabilitas pajak tangguhan                       liabilities relate to income taxes levied by the
         terkait dengan pajak penghasilan yang                             same tax authority on either the same taxable
         dikenakan oleh otoritas perpajakan yang sama,                     entity or different taxable entities and where
         baik atas entitas kena pajak yang sama                            there is an intention to settle those balances on
         ataupun berbeda dan adanya niat untuk                             a net basis.
         melakukan penyelesaian saldo-saldo tersebut
         secara neto.

         Aset dan liabilitas pajak kini dapat saling hapus                 Current tax assets and liabilities are offset when
         apabila memiliki hak yang dapat dipaksakan                        there is a legally enforceable right to set off the
         secara hukum untuk melakukan saling hapus                         recognized amounts, and intends either to settle
         atas jumlah yang diakui dan bermaksud untuk                       on a net basis or to realize the assets and settle
         menyelesaikan dengan dasar neto atau                              liabilities simultaneously.
         merealisasikan aset dan menyelesaikan
         liabilitas secara bersamaan.

         Perubahan atas liabilitas pajak dicatat pada                      Amendments to tax obligations are recorded
         saat surat ketetapan pajak diterima atau,                         when a tax assessment is received or, if
         apabila diajukan keberatan dan atau banding,                      objected or appealed against, when the result of
         diakui pada saat hasil dari keberatan dan atau                    the objection or appeal is determined.
         banding diterima.

         Taksiran pajak penghasilan Grup dihitung untuk                    The income tax of the Group is computed for
         masing-masing perusahaan sebagai badan                            each company as a separate legal entity.
         hukum terpisah. Aset pajak kini dan liabilitas                    Current tax assets and current tax liabilities for
         pajak kini untuk badan hukum yang berbeda                         different legal entities are not offset in the
         tidak   disalinghapuskan    dalam      laporan                    consolidated financial statements.
         keuangan konsolidasian.




                                                         - 70 -
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PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)



2.   Informasi    Kebijakan      Akuntansi     Material         2.   Material    Accounting        Policy     Information
     (lanjutan)                                                      (continued)

     ab. Laba (rugi) per saham                                       ab. Earnings (loss) per share

         Laba (rugi) per saham dasar dihitung dengan                     Basic earnings (loss) per share is computed by
         membagi laba (rugi) tahun berjalan yang dapat                   dividing income (loss) for the year attributable to
         diatribusikan kepada pemegang saham biasa                       ordinary equity holders of the parent entity by
         entitas induk dengan jumlah rata-rata                           the weighted average number of shares
         tertimbang saham yang beredar pada tahun                        outstanding during the year.
         yang bersangkutan.

         Rugi per saham dilusian dihitung dengan                         Diluted loss per share is computed by dividing
         membagi laba (rugi) tahun berjalan yang dapat                   earnings (loss) for the year attributable to
         diatribusikan kepada pemegang saham biasa                       ordinary equity holders of the parent entity by
         entitas induk dengan rata-rata tertimbang                       the weighted average number of shares
         saham yang beredar pada tahun yang                              outstanding during the year adjusted for the
         bersangkutan yang disesuaikan dengan                            assumed conversion of all dilutive potential
         mengasumsikan konversi surat berharga                           ordinary shares.
         berpotensi saham yang sifatnya dilutif.

     ac. Imbalan kerja                                               ac. Employee benefits

         Kewajiban Pensiun                                               Pension Obligations

         Grup mempunyai program pensiun sesuai                           The Group has pension schemes in accordance
         dengan Undang-Undang No. 11/2020 tentang                        with Law No. 11/2020 on Job Creation (the “Job
         Cipta Kerja (“Undang-Undang Cipta Kerja”)                       Creation Law”) or the Group’s Collective Labour
         atau Perjanjian Kerja Bersama (“PKB”) atau                      Agreement (the “CLA”) or Company Regulation
         Peraturan Perusahaan (“PP”). Karena UU Cipta                    (“CR”). Since the Job Creation Law or Labour
         Kerja atau UU Ketenagakerjaan atau PKB atau                     Law or the CLA or the CR sets the formula for
         PP menentukan rumus tertentu untuk                              determining the minimum amount of benefits, in
         menghitung jumlah minimal imbalan pensiun,                      substance pension plans under the Job
         pada dasarnya, program pensiun berdasarkan                      Creation Law or Labour Law or the CLA or the
         UU Cipta Kerja atau UU Ketenagakerjaan atau                     CR represent defined contribution plans.
         PKB atau PP adalah program iuran pasti.

         Program pensiun iuran pasti adalah program                      A defined contribution plan is a pension plan
         pensiun yang menentukan jumlah iuran pensiun                    that defines an amount of pension contribution
         yang akan dibayarkan, yang pemberiannya                         to be paid, usually as a function of one or more
         biasanya didasarkan pada satu faktor atau lebih                 factors such as years of service or
         seperti masa kerja atau kompensasi.                             compensation.

         Kewajiban program iuran pasti yang diakui di                    The liability recognized in the consolidated
         laporan posisi keuangan konsolidasian dihitung                  statements of financial position in respect of
         sebesar nilai kini dari estimasi kewajiban                      defined contribution plans is calculated at
         imbalan pascakerja di masa depan yang timbul                    present value of estimated future benefits that
         dari jasa yang telah diberikan oleh karyawan                    the employees have earned in return for their
         pada masa kini dan masa lalu. Perhitungan                       services in the current and prior period. The
         dilakukan oleh aktuaris independen dengan                       calculation is performed by an independent
         metode projected unit credit.                                   actuary using the projected unit credit method.

         Biaya     pemutusan     kontrak    kerja    dan                 Termination costs and curtailment gain or loss
         keuntungan/kerugian kurtailmen diakui pada                      are recognized in the period when Bank is
         periode      dimana      Bank     menunjukkan                   demonstrably committed to make a significant
         komitmennya      untuk    mengurangi     secara                 reduction in the number of employees covered
         signifikan jumlah pekerja yang ditanggung oleh                  by a plan.
         program.




                                                       - 71 -
Page 562
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


2.   Informasi    Kebijakan     Akuntansi      Material         2.   Material    Accounting       Policy      Information
     (lanjutan)                                                      (continued)

     ac. Imbalan kerja (lanjutan)                                    ac. Employee benefits (continued)

         Kewajiban Pensiun (lanjutan)                                    Pension Obligations (continued)

         Sejak tahun 2008, Bank juga memberikan                          Starting 2008, the Bank provides long service
         penghargaan masa dinas untuk karyawan yang                      awards for employees whose work periods
         telah menyelesaikan masa kerja selama 10                        reach 10 years or above. For such benefits,
         tahun atau lebih. Untuk manfaat tersebut, PSAK                  SFAS 219 (Revised 2013) requires an
         219 (Revisi 2013) mengharuskan perlakuan                        accounting treatment similar to that for defined
         akuntansi yang hampir sama dengan akuntansi                     benefit plans (as described in the previous
         untuk program manfaat pasti (sebagaimana                        paragraph), except that the actuarial gains and
         disajikan pada paragraf sebelum ini), kecuali                   losses should all be recognized immediately in
         bahwa semua keuntungan dan kerugian                             the current year’s profit or loss.
         aktuarial yang timbul harus diakui sekaligus
         laba rugi tahun berjalan.

         Sejak tahun 2014, Bank memberikan imbalan                       Starting 2014, the Bank provides benefit of
         masa persiapan pensiun yaitu imbalan kepada                     pension preparation period, i.e. benefit for
         karyawan sebelum usia pensiun dimana                            employees before retirement age whereby the
         karyawan dibebaskan dari tugas-tugas rutin dan                  employee is freed from routine tasks and is not
         tidak perlu masuk kerja, tetapi tetap                           required to present at work, but still receives
         memperoleh fasilitas kepegawaian tertentu dan                   certain employment facilities and starting 2013,
         sejak tahun 2013, Bank memberikan asuransi                      the Bank provides pension health insurance for
         kesehatan pensiun kepada karyawan yang                          employees and their spouses during 2 years
         telah memasuki usia pensiun dan pasangannya                     after the employees’ pension date. Estimated
         selama 2 tahun setelah tanggal karyawan                         liability for these benefits is calculated using
         pensiun. Estimasi kewajiban untuk imbalan ini                   same accounting treatment with the calculation
         dihitung dengan menggunakan perlakuan                           for defined benefit pension plan.
         akuntansi yang sama dengan perhitungan
         untuk program pensiun imbalan pasti.

     ad. Segmen operasi                                              ad. Operating segment

         Segmen operasi adalah komponen Grup yang                        The operating segment is a Group’s component
         terlibat dalam aktivitas bisnis yang memperoleh                 that involves in business activities from which it
         pendapatan dan menimbulkan beban, yang                          may earn revenues and incur expenses, whose
         hasil operasinya dikaji ulang secara reguler                    operating results are regularly reviewed by chief
         oleh pengambil keputusan operasional untuk                      operating decision maker to make decision
         membuat keputusan tentang sumber daya yang                      about resources to be allocated to the segment
         dialokasikan pada segmen tersebut dan menilai                   and assess its performance and for which
         kinerjanya serta tersedia informasi keuangan                    discrete financial information is available. The
         yang dapat dipisahkan. Segmen operasi terbagi                   operating segment has been determined to be
         dalam kelompok konvensional, pembiayaan,                        conventional, multi-finance, and sharia.
         dan syariah.

         Segmen geografis adalah komponen Grup yang                      The geographical segment is a distinguishable
         dapat dibedakan dalam menghasilkan jasa                         component of the Group that is engaged in
         pada lingkungan (wilayah) ekonomi tertentu dan                  providing services within a particular economic
         komponen itu memiliki risiko dan imbalan yang                   environment and that is subject to risks and
         berbeda dengan risiko dan imbalan pada                          returns that are different from those operating in
         komponen yang beroperasi pada lingkungan                        other economic environments. The Group
         (wilayah) ekonomi lain. Grup melaporkan                         reports geographical segment information
         segmen geografis berdasarkan daerah Jakarta,                    based on Jakarta, Bogor, Tangerang, Bekasi
         Bogor, Tangerang, Bekasi (Jabotabek), Jawa                      (Jabotabek), Java         excluding Jabotabek,
         selain Jabotabek, Sumatera, Kalimantan, dan                     Sumatera, Kalimantan, and others.
         lain-lain.




                                                       - 72 -
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PT BANK KB BUKOPIN TBK                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                        AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                  Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                             For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                   (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                          otherwise stated)
lain)



2.   Informasi      Kebijakan       Akuntansi       Material          2.   Material    Accounting         Policy      Information
     (lanjutan)                                                            (continued)

     ae. Transaksi dan saldo dengan pihak-pihak                            ae. Transactions and balances with related
         berelasi                                                              parties

         Pihak berelasi adalah orang atau entitas yang                         A related party is a person or entity that is
         terkait dengan entitas yang menyiapkan laporan                        related to the entity that is preparing its financial
         keuangannya (entitas pelapor). Pihak berelasi                         statements (reporting entity). Related parties
         adalah sebagai berikut:                                               are:

         i)    Orang atau anggota keluarga dekatnya                            i)    A person or a close member of that
               mempunyai relasi dengan entitas pelapor                               person’s family is related to a reporting
               jika orang tersebut:                                                  entity if that person:
               a) Memiliki          pengendalian   atau                              a) Has control or joint control of the
                     pengendalian bersama atas entitas                                     reporting entity;
                     pelapor;
               b) Memiliki pengaruh signifikan atas                                  b)   Has control or joint control of the
                     entitas pelapor; atau                                                reporting entity; or
               c) Merupakan personel manajemen kunci                                 c)   Is a member of the key management
                     entitas pelapor atau entitas induk                                   personnel of the reporting entity or of
                     entitas pelapor.                                                     a parent of the reporting entity.
         ii)   Entitas mempunyai relasi dengan entitas                         ii)   An entity is related to a reporting entity if
               pelapor jika entitas tersebut:                                        any of the following conditions applies:
               a) Entitas dan entitas pelapor adalah                                 a) The entity and the reporting entity are
                    anggota dari kelompok usaha yang                                      members of the same group (which
                    sama (artinya entitas induk, entitas                                  means that each parent, subsidiary
                    anak, dan entitas anak berikutnya                                     and fellow subsidiary is related to
                    saling berelasi dengan entitas lain);                                 others);
               b) Satu entitas adalah entitas asosiasi                               b) One entity is an associate or joint
                    atau ventura bersama dari entitas lain                                venture of the other entity (or an
                    (atau entitas asosiasi atau ventura                                   associate or joint venture of a
                    bersama yang merupakan anggota                                        member of a group of which the other
                    suatu kelompok usaha, yang mana                                       entity is a member);
                    entitas      lain    tersebut     adalah
                    anggotanya);
               c) Kedua entitas tersebut adalah ventura                              c)   Both entities are joint ventures of the
                    bersama dari pihak ketiga yang sama;                                  same third party;
               d) Satu entitas adalah ventura bersama                                d)   One entity is a joint venture of a third
                    dari entitas ketiga dan entitas yang lain                             entity and the other entity is an
                    adalah entitas asosiasi dari entitas                                  associate of the third entity;
                    ketiga;
               e) Entitas tersebut adalah suatu program                              e)   The entity is a post-employment
                    imbalan pascakerja untuk imbalan                                      benefit plan for the benefit of
                    kerja dari salah satu entitas pelapor                                 employees of either the reporting
                    atau entitas yang terkait dengan                                      entity or an entity related to the
                    entitas pelapor. Jika entitas pelapor                                 reporting entity. If the reporting entity
                    adalah             entitas          yang                              is itself such a plan, the sponsoring
                    menyelenggarakan program tersebut,                                    employers are also related to the
                    maka entitas sponsor juga berelasi                                    reporting entity;
                    dengan entitas pelapor;
               f) Entitas       yang    dikendalikan     atau                        f)   The entity is controlled or jointly
                    dikendalikan bersama oleh orang yang                                  controlled by a person identified in i);
                    diidentifikasi sebagaimana dimaksud
                    dalam angka i);
               g) Orang yang diidentifikasi sebagaimana                              g)   A person identified in i) a) has
                    dimaksud dalam angka i) a) memiliki                                   significant influence over the entity or
                    pengaruh signifikan atas entitas atau                                 is a member of the key management
                    merupakan personel manajemen kunci                                    personnel of the entity (or a parent of
                    entitas (atau entitas induk dari entitas);                            the entity); or
                    atau



                                                             - 73 -
Page 564
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)



2.   Informasi     Kebijakan    Akuntansi      Material         2.   Material    Accounting        Policy     Information
     (lanjutan)                                                      (continued)

     ae. Transaksi dan saldo dengan pihak-pihak                      ae. Transactions and balances with related
         berelasi (lanjutan)                                             parties (continued)
         h)   Entitas, atau anggota dari kelompok yang                   h)   Entities, or members of the group to which
              mana entitas merupakan bagian dari                              the entity is part of the group, providing
              kelompok tersebut, menyediakan jasa                             services to the entity’s key management
              personel manajemen kunci kepada entitas                         personnel or to the parent’s entity of the
              pelapor atau kepada entitas induk dari                          reporting entity.
              entitas pelapor.

         Transaksi    ini    dilakukan     berdasarkan                   The transactions are made based on terms
         persyaratan yang disetujui oleh kedua belah                     agreed by the parties, whereby such terms may
         pihak, dimana persyaratan tersebut mungkin                      not be the same as those transactions with non-
         tidak sama dengan transaksi yang dilakukan                      related parties.
         dengan pihak-pihak yang tidak berelasi.

         Semua transaksi dan saldo yang signifikan                       All significant transactions and balances with
         dengan pihak berelasi, baik yang dilakukan                      related parties, whether or not conducted under
         dengan syarat normal sebagaimana dilakukan                      terms and conditions similar to those granted to
         dengan pihak ketiga, maupun tidak, telah                        third parties, are disclosed in the notes to the
         diungkapkan pada catatan atas laporan                           consolidated financial statements.
         keuangan konsolidasian.

     af. Dividen                                                     af. Dividends

         Pembagian dividen kepada para pemegang                          Dividend distribution to the shareholders is
         saham diakui sebagai liabilitas dalam laporan                   recognized as a liability in the consolidated
         keuangan konsolidasian pada periode ketika                      financial statements in the period in which the
         dividen tersebut disetujui oleh para pemegang                   dividends are approved by the shareholders.
         saham.

     ag. Beban emisi saham                                           ag. Shares issuance cost

         Beban yang terjadi sehubungan dengan                            Costs related to the public offering (including
         penawaran     saham     kepada     masyarakat                   limited public offering with pre-emptive rights)
         (termasuk penawaran umum terbatas dengan                        are deducted from the proceeds and presented
         hak      memesan    efek   terlebih   dahulu)                   as a deduction to additional paid-in capital.
         dikurangkan langsung dari hasil emisi dan
         disajikan sebagai pengurang tambahan modal
         disetor.

     ah. Perubahan dalam kebijakan akuntansi dan                     ah. Changes in accounting              policies   and
         pengungkapan pada tahun 2024                                    disclosures in 2024

         Berikut adalah revisi, amandemen dan                            The following are revision, amendments and
         penyesuaian atas Standar Akuntansi Keuangan                     adjustments to Financial Accounting Standard
         (SAK) yang berlaku efektif untuk tahun buku                     (FAS) that are effective for the financial year
         yang dimulai pada atau setelah 1 Januari 2024,                  that starting or after January 1, 2024, are as
         yaitu:                                                          follows:
         •    Kerangka Standar Pelaporan Keuangan                        •    Indonesia Financial Reporting Standard
              Indonesia ("KSPKI") dan perubahan nomor                         Framework ("KSPKI") and amendments to
              PSAK dan ISAK dalam Standar Akuntansi                           SFAS and IFAS number, are effective on 1
              Keuangan Indonesia (sebelumnya Standar                          January 2024. KSPKI regulate the SFAS
              Akuntansi Keuangan), berlaku efektif                            pillars, criteria and shifting between pillars
              tanggal 1 Januari 2024. KSPKI mengatur                          that apply in Indonesia, while amendments
              pilar SAK yang berlaku di Indonesia,                            to SFAS and IFAS number determine the
              kriteria, dan perpindahan antar pilar SAK,                      number for SFAS and IFAS which refering
              sedangkan perubahan nomor mengatur                              to IFRS Accounting Standards, local
              ketentuan penomoran PSAK dan ISAK                               accounting        standards,    and    sharia
              yang mengacu pada IFRS Accounting                               accounting standards;
              Standards, standar akuntansi lokal, dan
              standar akuntasi syariah;



                                                       - 74 -
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PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)



2.   Informasi       Kebijakan    Akuntansi      Material         2.   Material    Accounting            Policy     Information
     (lanjutan)                                                        (continued)

     ah. Perubahan dalam kebijakan akuntansi dan                       ah. Changes in accounting policies                    and
         pengungkapan pada tahun 2024 (lanjutan)                           disclosures in 2024 (continued)

           •   Amendemen PSAK 201: “Penyajian                              •      Amendments of SFAS 201 “Presentation of
               Laporan Keuangan” terkait klasifikasi                              Financial        Statements”          regarding
               liabilitas sebagai jangka pendek atau                              classification of liabilities as current or non-
               jangka panjang;                                                    current;
           •   Amendemen PSAK 116: “Sewa” terkait                          •      Amendments of SFAS 116 “Leases”
               liabilitas sewa pada transaksi jual dan                            regarding lease liabilities in sale-and-lease
               sewa-balik;                                                        back transactions;
           •   Amendemen PSAK 207 dan PSAK 107                             •      Amendments of SFAS 207 and SFAS 107
               terkait      “Pengaturan    Pembiayaan                             “Supplier Finance Arrangements”; and
               Pemasok”; dan
           •   Amandemen PSAK 409: “Akuntansi Zakat,                       •      Amendments of SFAS 409 “Accounting of
               Infak, dan Sedekah” dan PSAK 401:                                  Zakat, Infak, and Sedekah” and SFAS 401
               “Penyajian Laporan Keuangan Syariah”.                              “Sharia Financial Statement”.
           Implementasi dari standar-standar tersebut                      The implementation of the above standards had
           tidak memiliki dampak yang signifikan terhadap                  no significant effect on the amounts reported for
           jumlah yang dilaporkan di periode berjalan atau                 the current period or prior financial years.
           tahun sebelumnya.


3.   Kas                                                          3.   Cash

     Kas terdiri dari :                                                Cash consists of the following :
                                                  2024                  2023

      Rupiah                                        344.622               276.340 Rupiah

      Mata uang asing:                                                                 Foreign currencies:
        DoIar Amerika Serikat                         21.845                   8.627     United States Dollar
        Dolar Singapura                                1.260                     540     Singapore Dollar
        Euro Eropa                                       280                   1.901     European Euro
        Dolar Australia                                   20                     201     Australian Dollar
        Lain-lain                                      1.056                   1.575     Others

                                                      24.461               12.844

      Total                                         369.083               289.184 Total


     Saldo dalam mata uang Rupiah termasuk uang                        The Rupiah balance includes cash in ATMs
     pada ATM (Anjungan Tunai Mandiri) masing-masing                   (Automated Teller Machines) amounting to
     pada tanggal 31 Desember 2024 dan 2023, masing-                   Rp11,849 and Rp7,154, December 31, 2024 and
     masing sebesar Rp11.849 dan Rp7.154.                              2023, respectively.

     Kas dalam mata uang asing lain-lain terdiri dari Yen              Cash in other foreign currencies is denominated in
     Jepang, Poundsterling Inggris, Dolar Hong Kong                    Japanese Yen, Great Britain Poundsterling, Hong
     dan Won Korea Selatan.                                            Kong Dollar and South Korean Won.


4.   Giro Pada Bank Indonesia                                     4.   Current Accounts With Bank Indonesia

     Giro pada Bank Indonesia terdiri dari:                            Current Accounts with Bank Indonesia consists of
                                                                       the following:
                                                  2024                  2023

      Rupiah                                       2.531.732            3.089.179 Rupiah
      DoIar Amerika Serikat                          140.746              116.440 United States Dollar

      Total                                        2.672.478            3.205.619 Total



                                                         - 75 -
Page 566
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)


4. Giro Pada Bank Indonesia (lanjutan)                            4. Current   Accounts           With      Bank    Indonesia
                                                                     (continued)

     Pada tanggal 31 Desember 2024 dan 2023, saldo                     As at December 31, 2024 and 2023, current
     giro pada Bank Indonesia termasuk giro yang                       accounts with Bank Indonesia include amounts
     berdasarkan pada prinsip perbankan syariah                        under sharia banking principles amounting to each
     masing-masing sebesar Rp370.479 dan Rp540.926.                    Rp370,479 and Rp540,926, respectively.

     Giro Wajib Minimum (GWM) Bank sesuai dengan                       Minimum Statutory Reserves (GWM) Bank in
     Peraturan Bank Indonesia dan Peraturan Anggota                    accordance with Bank Indonesia (BI) Regulation of
     Dewan Gubernur (PADG) diungkapkan pada                            Members of The Board of Governors (PADG) are
     Catatan 55a.                                                      disclosed in Note 55a.

5.   Giro Pada Bank Lain                                          5.   Current Accounts With Other Banks

     a.   Berdasarkan mata uang                                        a.    By currency
                                                2024                    2023

          Pihak Berelasi (Catatan 38)                                               Related parties (Note 38)
          Mata uang asing:                                                          Foreign currencies:
             Dolar Amerika Serikat                   9.149                    4.166   United States Dollar
             Won Korea Selatan                       1.436                    2.211   South Korean Won

                                                   10.585                     6.377

          Pihak ketiga                                                              Third parties
          Rupiah                                   25.463                   102.466 Rupiah
          Mata uang asing:                                                          Foreign currencies:
             Dolar Amerika Serikat                217.703                   149.065   United States Dollar
             Dolar Singapura                       60.655                    44.801   Singapore Dollar
             Yen Jepang                            41.171                     1.804   Japanese Yen
             Poundsterling Inggris                 15.667                     7.018   Great Britain Poundsterling
             Dolar Australia                        9.164                     7.689   Australian Dollar
             Yuan Cina                              8.157                     5.694   Chinese Yuan
             Euro Eropa                             7.760                     8.193   European Euro
             Dolar Hong Kong                          812                     9.774   Hong Kong Dollar

                                                  386.552                   336.504

          Total                                   397.137                   342.881 Total
          Cadangan kerugian                                                          Allowance for
             penurunan nilai                           (300)                   (300)    impairment losses

          Neto                                    396.837                   342.581 Net


          Pada tanggal 31 Desember 2024 dan 2023,                              As at December 31, 2024 and 2023, current
          saldo giro pada bank lain termasuk saldo yang                        accounts with other banks include amounts
          berdasarkan pada prinsip perbankan syariah                           under sharia banking principles amounting to
          masing-masing sebesar Rp824 dan Rp1.405.                             Rp824 and Rp1.405, respectively.

          Pada tanggal 31 Desember 2024 dan 2023                             As at December 31, 2024 and 2023, there is
          tidak terdapat giro pada bank lain yang                            no current account with other banks pledged
          dijaminkan.                                                        as collateral.

     b.   Berdasarkan bank                                             b.    By banks
                                                2024                    2023

          Pihak berelasi (Catatan 38)                                               Related party (Note 38)
          Mata uang asing :                                                         Foreign currency :
          KB Kookmin Bank Co., Ltd                 10.585                     6.377 KB Kookmin Bank Co., Ltd




                                                         - 76 -
Page 567
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)


5.   Giro Pada Bank Lain (lanjutan)                                 5.   Current Accounts With Other Banks (continued)

     b.   Berdasarkan bank (lanjutan)                                    b.     By banks (continued)

                                                  2024                   2023

          Pihak ketiga                                                                  Third parties
          Rupiah:                                                                       Rupiah:
          PT Bank Woori Saudara                                                         PT Bank Woori Saudara
             Indonesia 1906 Tbk                        9.548                    9.548    Indonesia 1906 Tbk
          PT Bank Rakyat Indonesia                                                      PT Bank Rakyat Indonesia
             (Persero) Tbk                             7.539                    7.431    (Persero) Tbk
          Standard Chartered Bank,                                                      Standard Chartered Bank,
             Jakarta                                   3.535                    2.374    Jakarta
          PT Bank Central Asia Tbk                     3.501                   81.106   PT Bank Central Asia Tbk
          PT Bank BCA Syariah                            525                      113   PT Bank BCA Syariah
          PT Bank MNC Internasional Tbk                  308                        2   PT Bank MNC International Tbk
          PT Bank Syariah Indonesia Tbk                  299                    1.292   PT Bank Syariah Indonesia Tbk
          PT Bank Negara Indonesia                                                      PT Bank Negara Indonesia
             (Persero) Tbk                                 54                     54     (Persero) Tbk
          PT Bank Mandiri (Persero) Tbk                    39                    452    PT Bank Mandiri (Persero) Tbk
          PT Bank Maybank Indonesia Tbk                    28                      -    PT Bank Maybank Indonesia Tbk
          PT Bank OCBC NISP Tbk                             -                      3    PT Bank OCBC NISP Tbk
          PT Bank Sahabat Sampoerna                         -                      2    PT Bank Sahabat Sampoerna
          Lain-lain                                        87                     89    Others

          Sub-total                                  25.463                   102.466 Sub-total

          Mata uang asing:                                                            Foreign currencies:
          Citibank N.A., New York                   172.359                    44.988 Citibank N.A., New York
          United Overseas Bank Ltd,                                                   United Overseas Bank Ltd,
             Singapura                               60.509                    37.159  Singapore
          Sumitomo Mitsui Banking                                                     Sumitomo Mitsui Banking
             Corporation, Tokyo                      41.171                     1.804  Corporation, Tokyo
          Standard Chartered Bank,                                                    Standard Chartered Bank,
             London                                  15.667                     7.018  London
          PT Bank Central Asia Tbk                   15.163                    12.437 PT Bank Central Asia Tbk
          Standard Chartered Bank,                                                    Standard Chartered Bank,
             New York                                12.869                    57.956  New York
          PT Bank Mandiri (Persero) Tbk              10.555                    20.894 PT Bank Mandiri (Persero) Tbk
          Australia and New Zealand                                                   Australia and New Zealand
             Banking Group Limited                     9.164                    7.689  Banking Group Limited
          PT Bank ICBC Indonesia                       8.157                    5.694 PT Bank ICBC Indonesia
          Societe Generale, Perancis                   7.760                    8.193 Societe Generale, France
          Citibank N.A., Jakarta                       6.082                    3.578 Citibank N.A., Jakarta
          Standard Chartered Bank,                                                    Standard Chartered Bank,
             Hong Kong                                    812                   9.774  Hong Kong
          Habib American Bank,                                                        Habib American Bank,
             New York                                     676                   9.212  New York
          Standard Chartered Bank,                                                    Standard Chartered Bank,
             Singapura                                    145                   7.642  Singapore

          Sub-total                                 361.089                   234.038 Sub-total

          Total                                     397.137                   342.881 Total
          Cadangan kerugian                                                           Allowance for impairment
            penurunan nilai                              (300)                   (300) losses

          Neto                                      396.837                   342.581 Net


     c.   Berdasarkan kolektibilitas                                     c.     By collectibility

          Kolektibilitas giro pada bank lain sesuai dengan                      Collectability current account with other banks
          Peraturan        Otoritas    Jasa      Keuangan                       in accordance with Financial Services
          diungkapkan pada Catatan 55b.                                         Authority Regulation are disclosed in Note
                                                                                55b.




                                                           - 77 -
Page 568
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


5.   Giro Pada Bank Lain (lanjutan)                              5.   Current Accounts With Other Banks (continued)

     d.   Perubahan cadangan kerugian penurunan                       d.   Movements in allowance for impairment
          nilai                                                            losses
                                                2024                   2023

          Rupiah:                                                                 Rupiah:
          Saldo awal                                   300                     89 Beginning balance
          Penyisihan (pembalikan                                                  Provision (reversal
             cadangan) kerugian                                                     of allowance) for
             penurunan nilai                              -                   211   impairment losses

          Saldo akhir                                  300                    300    Ending balance


          Cadangan kerugian penurunan nilai dihitung                       Allowance for impairment losses is calculated
          secara kolektif.                                                 using collective assessment.

          Manajemen   berpendapat  bahwa   jumlah                          Management believes that the allowance for
          cadangan kerugian penurunan nilai telah                          impairment losses is adequate.
          memadai.
     e. Tingkat bunga rata-rata per tahun                             e.   Average annual interest rates
          Giro pada bank lain dalam mata uang Rupiah,                      Current accounts with other banks in Rupiah,
          Dolar Amerika Serikat, Yen Jepang, Dolar                         United States Dollar, Japanese Yen, Australian
          Australia, Euro Eropa, Dolar Singapura, Yuan                     Dollar, European Euro, Singapore Dollar,
          Cina, Dolar Hong Kong, Won Korea Selatan                         Chinese Yuan, Hong Kong Dollar, South
          dan Poundsterling Inggris. Tingkat suku bunga                    Korean Won and Great Britain Poundsterling
          rata-rata setahun untuk giro pada bank lain                      currencies. The average interest rates per
          dalam Rupiah dan mata uang asing lainnya                         annum for current accounts with other banks in
          adalah sebagai berikut:                                          Rupiah and other foreign currencies are as
                                                                           follows:
                                                2024                   2023

          Rupiah                                   0,48%                   0,81% Rupiah
          Mata uang asing                          0,06%                   0,00% Foreign currencies


6.   Penempatan Pada Bank Indonesia dan Bank                     6.   Placements With Bank Indonesia and Other
     Lain                                                             Banks

     a.   Berdasarkan jenis, mata uang, dan bank                      a.   By type, currency, and banks

                                                2024                   2023

          Pihak ketiga                                                           Third parties
          Rupiah:                                                                Rupiah:
          Penempatan pada Bank                                                   Placements with Bank
            Indonesia, setelah                                                     Indonesia,
            dikurangi bunga yang                                                   net of unearned
            ditangguhkan                        2.317.643              1.384.883   interest

          Deposito Berjangka                                                      Time deposits
          PT Bank Sahabat Sampoerna                11.475                  38.000 PT Bank Sahabat Sampoerna
          PT Bank Nagari                           11.000                  40.000 PT Bank Nagari
          PT Bank Victoria International Tbk       11.000                       - PT Bank Victoria International Tbk
          PT BPD Sulawesi Selatan dan                                             PT BPD Sulawesi Selatan dan
            Sulawesi Barat                         11.000                  34.000   Sulawesi Barat




                                                        - 78 -
Page 569
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


6.   Penempatan Pada Bank Indonesia Dan Bank                   6.   Placements With Bank Indonesia And Other
     Lain (lanjutan)                                                Banks (continued)

     a.   Berdasarkan jenis, mata uang, dan bank                    a.    By type, currency, and banks (continued)
          (lanjutan)

                                               2024                  2023

          Deposito Berjangka                                                       Time deposits
          PT BPD Lampung                          11.000                       -   PT BPD Lampung
          PT BPD Sumatera Utara                   11.000                  34.000   PT BPD Sumatera Utara
          PT BPD Sulawesi Tengah                  11.000                  33.000   PT BPD Sulawesi Tengah
          PT Bank JTrust Indonesia Tbk            10.000                  41.000   PT Bank JTrust Indonesia Tbk
          PT Bank Sulawesi Tenggara               10.000                  37.000   PT Bank Sulawesi Tenggara
          PT BPD Sulawesi Utara dan                                                PT BPD Sulawesi Utara dan
            Gorontalo                             10.000                   7.000     Gorontalo
          PT Bank Mega Tbk                         1.000                   6.000   PT Bank Mega Tbk
          PT Bank Oke Indonesia Tbk                1.000                   7.000   PT Bank Oke Indonesia Tbk
          PT BPD Jawa Tengah                       1.000                       -   PT BPD Jawa Tengah
          PT BPD Sulawesi Utara                        -                  34.000   PT BPD Sulawesi Utara
          PT BPD Sumatera Selatan dan                                              PT BPD Sumatera Selatan dan
            Bangka Belitung                              -                30.000     Bangka Belitung
          PT BPD Riau Kepri Syariah                      -                16.000   PT BPD Riau Kepri Syariah
          PT Bank DKI                                    -                10.000   PT Bank DKI
          PT Bank Victoria Syariah Tbk                   -                10.000   PT Bank Victoria Syariah Tbk
          PT BPD Sulawesi Selatan                        -                 7.000   PT BPD Sulawesi Selatan
          PT Bank Tabungan Negara                                                  PT Bank Tabungan Negara
            Syariah Tbk                                  -                 7.000     Syariah Tbk
          PT Bank Woori Saudara                                                    PT Bank Woori Saudara
            Indonesia 1906 Tbk                           -                 7.000     Indonesia 1906 Tbk
          PT Bank Tabungan Negara                                                  PT Bank Tabungan Negara
            (Persero) Tbk                                -                 4.000     (Persero) Tbk
          PT BPD Bengkulu                                -                 3.000   PT BPD Bengkulu
          PT BPD Kalimantan Barat                        -                 3.000   PT BPD Kalimantan Barat
          PT Bank Raya Indonesia Tbk                     -                 1.000   PT Bank Raya Indonesia Tbk
          PT Bank Sinarmas Tbk                           -                   950   PT Bank Sinarmas Tbk

                                                 110.475                 409.950

          Subtotal                             2.428.118             1.794.833 Subtotal

          Dolar Amerika Serikat:                                                 United States Dollar:
          Penempatan pada Bank                                                   Placements with Bank
              Indonesia                          370.185                 338.734   Indonesia

          Subtotal                               370.185                 338.734 Subtotal

          Total                                2.798.303             2.133.567 Total


          Pada tanggal 31 Desember 2024 dan 2023,                         As at December 31, 2024 and 2023, there are
          terdapat penempatan pada Bank Indonesia dan                     placement with Bank Indonesia and other
          Bank lain yang berdasarkan prinsip perbankan                    Banks under sharia banking principles
          syariah masing-masing sebesar Rp1.093.000                       amounting to Rp1,093,000 and Rp985,000,
          dan Rp985.000.                                                  respectively.

          Pada tanggal 31 Desember 2024 dan 2023,                         As at December 31, 2024 and 2023, there is no
          tidak terdapat penempatan pada Bank                             placement with Bank Indonesia and other banks
          Indonesia dan bank lain yang dijaminkan.                        pledged as collateral.




                                                      - 79 -
Page 570
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


6.   Penempatan Pada Bank Indonesia Dan Bank                    6.   Placements With Bank Indonesia And Other
     Lain (lanjutan)                                                 Banks (continued)
     b.   Berdasarkan sisa umur jatuh tempo                          b.     By remaining period to maturity
                                               2024                   2023

          Rupiah:                                                                    Rupiah:
            Kurang dari 1 bulan                 2.428.118             1.733.833        Less than a month
            1 - 3 bulan                                 -                44.000        1 - 3 months
            3 - 6 bulan                                 -                17.000        3 - 6 months

                                                2.428.118             1.794.833

          Dolar Amerika Serikat:                                                     United States Dollar:
            Kurang dari 1 bulan                   370.185                  338.734     Less than a month

                                                  370.185                  338.734

          Total                                 2.798.303             2.133.567 Total


     c.   Berdasarkan kolektibilitas                                 c.      By collectibility

          Kolektibilitas penempatan pada Bank Indonesia                      Collectibility placement with Bank Indonesia
          dan bank lain sesuai Peraturan Otoritas Jasa                       and other banks in accordance with Financial
          Keuangan diungkapkan pada Catatan 55c.                             Services Authority Regulation are disclosed in
                                                                             Note 55c.
          Manajemen berpendapat bahwa tidak terdapat                         Management believes that there is no
          penurunan nilai atas penempatan pada                               impaired placements with Bank Indonesia and
          Bank Indonesia dan bank lain, sehingga                             other banks, therefore no allowance for
          cadangan kerugian penurunan nilai tidak                            impairment losses were provided as at
          dibentuk pada tanggal 31 Desember 2024 dan                         December 31, 2024 and 2023.
          2023.

     d.   Tingkat bunga rata-rata per tahun                          d.     Average annual interest rates
                                               2024                   2023

           Rupiah:                                                                Rupiah:
           Penempatan pada Bank                                                   Placement with Bank
              Indonesia                            5,08%                    5,06%    Indonesia
           Interbank call money                    3,97%                    4,38% Interbank call money
           Deposito berjangka                      1,50%                    3,84% Time deposits

           Dolar Amerika Serikat:                                                 United States Dollar:
           Penempatan pada Bank                                                   Placement with Bank
              Indonesia                            3,91%                    4,17%    Indonesia
           Interbank call money                    1,19%                    1,19% Interbank call money


7.   Surat-Surat Berharga                                       7.    Marketable Securities

     a.   Berdasarkan tujuan, jenis, dan mata uang                    a.     By purpose, type, and currency
                                               2024                   2023

          Rupiah                                                                  Rupiah
          Nilai wajar melalui                                                     Fair value through
              laba rugi                                                             profit/loss
          Obligasi pemerintah                     275.000                      13 Government bonds
          Premi yang belum
              diamortisasi                           4.932                       1 Unamortized premium
          Kerugian yang belum
              direalisasi                          (5.276)                      (1) Unrealized loss

                                                  274.656                      13




                                                       - 80 -
Page 571
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


7.   Surat-Surat Berharga (lanjutan)                           7.   Marketable Securities (continued)

     a.   Berdasarkan tujuan, jenis, dan mata uang                  a.     By purpose, type, and currency (continued)
          (lanjutan)
                                              2024                  2023

          Rupiah                                                                   Rupiah
          Diukur pada biaya perolehan
              diamortisasi                                                     Amortized cost
          Obligasi pemerintah                  5.818.876             4.796.017 Government bonds
          Premi (diskonto) yang belum                                          Unamortized premium
              diamortisasi                       109.520                83.438   (discount)

                                               5.928.396             4.879.455

          Obligasi korporasi                     224.600               224.600 Corporate bonds
          Obligasi Sukuk Ijarah Negara                                         Indonesia Sukuk Ijarah
              Indonesia                        2.321.661             1.994.135    Bonds
          Premi yang belum
              diamortisasi                        34.444                  40.605 Unamortized premium

                                               2.356.105             2.034.740

                                                                                   Domestic letters
          Wesel SKBDN                             28.893                  12.756     of Credit (SKBDN)
          Diskonto yang belum
            diamortisasi                             (298)                  (467) Unamortized discount

                                                  28.595                  12.289

          Sukuk Korporasi                      2.432.000             2.432.000 Corporate Sukuk
          Diskonto yang belum
            diamortisasi                      (1.018.089)           (1.097.939) Unamortized discount

                                               1.413.911             1.334.061

                                                                                   Export Bill of Exchange
          Wesel Ekspor                               740                       -     (Export Wesel)
          Diskonto yang belum
            diamortisasi                              (17)                     - Unamortized discount

                                                     723                       -

                                               9.952.330             8.485.145


          Nilai wajar melalui penghasilan                                      Fair value through other
             komprehensif lain                                                   comprehensive income
          Obligasi pemerintah                  4.220.476             2.656.870 Government Bonds
          Premi yang belum diamortisasi           (4.754)               16.198 Unamortized premium
          Keuntungan yang belum
             direalisasi                         (17.309)                 10.373 Unrealized gain

                                               4.198.413             2.683.441

          Obligasi Sukuk Ijarah                                                   Indonesia Sukuk
            Negara Indonesia                     150.000                 390.000     Ijarah Bonds
          Diskonto yang belum diamortisasi        (1.112)                 (4.855) Unamortized discount
          Keuntungan yang belum direalisasi       (1.849)                 (1.199) Unrealized gain

                                                 147.039                 383.946

                                               4.345.452             3.067.387

          Subtotal                            14.572.438            11.552.545 Subtotal




                                                      - 81 -
Page 572
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


7.   Surat-Surat Berharga (lanjutan)                             7.   Marketable Securities (continued)

     a.   Berdasarkan tujuan, jenis, dan mata uang                     a.     By purpose, type, and currency (continued)
          (lanjutan)
                                              2024                     2023

          Dolar Amerika Serikat                                                  United States Dollar
          Nilai wajar melalui laba rugi                                          Fair value through profit/loss
          Obligasi korporasi                   7.192.497               5.250.377 Corporate bonds
          Keuntungan yang belum direalisasi            -                  72.540 Unrealized gain

                                               7.192.497               5.322.917

          Diukur pada biaya perolehan
             diamortisasi                                                           Amortized cost
          Obligasi pemerintah                            -                  657.452 Government bonds
          Premi yang belum
             diamortisasi                                -                     532 Unamortized premium

                                                         -                  657.984

          Subtotal                             7.192.497               5.980.901 Subtotal

          Yuan China                                                                   China Yuan
          Diukur pada biaya
             perolehan diamortisasi                                                  Amortized cost
                                                                                     Domestic Letters of Credit
          Wesel SKBDN                                2.240                    2.876   (SKBDN)
          Diskonto yang belum diamortisasi             (64)                     (73) Unamortized discount

          Subtotal                                   2.176                    2.803 Subtotal

          Total                               21.767.111              17.536.249 Total

          Dikurangi: cadangan kerugian                                                 Less: allowance for
             penurunan nilai                          (280)                    (109)    impairment losses

          Neto                                21.766.831              17.536.140 Net



     b.   Berdasarkan tujuan, penerbit, dan mata                      b.     By purpose, issuer, and currency
          uang

                                              2024                     2023

          Rupiah                                                                     Rupiah
          Nilai wajar melalui laba rugi                                              Fair value through profit or loss
          Negara Republik Indonesia             275.000                          13 Republic of Indonesia Government
          Premi yang belum diamortisasi            4.932                          1 Unamortized premium
          Kerugian yang belum direalisasi        (5.276)                         (1) Unrealized loss

                                                274.656                          13

          Diukur pada biaya
            perolehan diamortisasi                                               Amortized cost
                                                                                 Republic of Indonesia
          Negara Republik Indonesia            8.140.537               6.790.152  Government
          Premi yang belum
            diamortisasi                        143.964                     124.043     Unamortized premium

                                               8.284.501               6.914.195




                                                        - 82 -
Page 573
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


7.   Surat-Surat Berharga (lanjutan)                           7.   Marketable Securities (continued)

     b.   Berdasarkan tujuan, penerbit, dan mata                    b.    By    purpose,       issuer,      and    currency
          uang (lanjutan)                                                 (continued)

                                              2024                   2023

          Rupiah                                                                   Rupiah
          Diukur pada biaya
            perolehan diamortisasi                                                 Amortized cost
          PT Perusahaan Pengelola                                                  PT Perusahaan Pengelola
            Aset (Persero)                     2.432.000             2.432.000      Aset (Persero)
          PT Bahana TCW Investment                                                 PT Bahana TCW Investment
            Management                          119.600                  119.600    Management
          PT KB Finansia Multifinance           105.000                  105.000   PT KB Finansia Multifinance
          PT Bank Central Asia Tbk               23.944                        -   PT Bank Central Asia Tbk
          PT Bank Mandiri (Persero) Tbk           5.690                        -   PT Bank Mandiri (Persero) Tbk
          PT Lekang Jaya Konstruksi                   -                    6.484   PT Lekang Jaya Konstruksi
          PT Inka Multi Solusi                        -                    3.539   PT Inka Multi Solusi
          PT Rizki Asa Buana                          -                    2.733   PT Rizki Asa Buana

                                               2.686.234             2.669.356
          Diskonto yang belum
            diamortisasi                      (1.018.405)           (1.098.406) Unamortized discount

                                               1.667.829             1.570.950

                                               9.952.330             8.485.145

          Nilai wajar melalui penghasilan                                      Fair value through other
             komprehensif lain                                                   comprehensive income
          Negara Republik Indonesia            4.370.476             3.046.870 Republic of Indonesia Government
          Diskonto yang belum diamortisasi        (5.866)               11.343 Unamortized discount
          Keuntungan yang belum direalisasi      (19.158)                9.174 Unrealized gain

                                               4.345.452             3.067.387

          Subtotal                            14.572.438            11.552.545 Subtotal

          Dolar Amerika Serikat                                                 United States Dollar
                                                                                Fair value through profit
          Nilai wajar melalui laba rugi                                           or loss
          IDMB United Pte., Ltd                2.762.639             2.771.460 IDMB United Pte., Ltd
          Kerugian yang belum direalisasi              -               (81.595) Unrealized loss

                                               2.762.639             2.689.865

          SMMK Pte Ltd                         2.664.067             2.478.917 SMMK Pte Ltd
          Kerugian yang belum direalisasi              -               154.135 Unrealized loss

                                               2.664.067             2.633.052

          TLDC Pte Ltd                         1.765.791                       - TLDC Pte Ltd

                                               7.192.497             5.322.917

          Diukur pada biaya perolehan
            diamortisasi                                                         Amortized cost
          Negara Republik Indonesia                    -                 657.452 Republic of Indonesia Government
          Premi (diskonto) yang                                                  Unamortized premium
            belum diamortisasi                         -                     532   (discount)

                                                       -                 657.984

          Subtotal                             7.192.497             5.980.901 Subtotal




                                                      - 83 -
Page 574
PT BANK KB BUKOPIN TBK                                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                        AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                  Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                             For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                   (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                          otherwise stated)
lain)


7.   Surat-Surat Berharga (lanjutan)                                              7.       Marketable Securities (continued)

     b.   Berdasarkan tujuan, penerbit, dan mata                                           b.   By    purpose,        issuer,        and     currency
          uang (lanjutan)                                                                       (continued)
                                                                2024                        2023

           Yuan China                                                                                   China Yuan
           Diukur pada biaya
             perolehan diamortisasi                                                                   Amortized cost
           PT Anugrah Putra Fajar                                   2.240                       2.876 PT Anugrah Putra Fajar
           Diskonto yang belum
             diamortisasi                                               (64)                       (73) Unamortized discount

           Subtotal                                                 2.176                       2.803 Subtotal

           Total                                                21.767.111                 17.536.249 Total
           Dikurangi: cadangan kerugian                                                                Less: allowance for
             penurunan nilai                                           (280)                     (109)   impairment losses

           Neto                                                 21.766.831                 17.536.140 Net



     c.   Berdasarkan tujuan, peringkat, dan mata                                          c.   By purpose, rating, and currency
          uang
                                               Lembaga
                                             pemeringkat/
                                            Rating company                 2024                     2023

          Peringkat                                                                                              Rating
          Rupiah                                                                                                    Rupiah
          Nilai wajar melalui                                                                                    Fair value through profit
           laba rugi                                                                                                or loss
          Tanpa peringkat *)                                                   274.656                      13   Not rated *)

          Diukur pada biaya perolehan
            diamortisasi                                                                                         Amortized Cost
          idAAA                                      Pefindo                   119.600                 119.600   idAAA
          idAA                                       Pefindo                 1.413.912               1.334.061   idAA
          AAA-                                         Fitch                   105.000                 105.000   AAA-
          Tanpa peringkat *)                                                 8.313.818               6.926.484   Not rated *)

                                                                             9.952.330               8.485.145

          Nilai wajar melalui penghasilan                                                                        Fair value through other
           komprehensif lain                                                                                        comprehensive income
          Tanpa peringkat *)                                                 4.345.452               3.067.387   Not rated *)

                                                                             4.345.452               3.067.387

          Subtotal                                                        14.572.438                11.552.545   Subtotal

          Dolar Amerika Serikat                                                                                  United States Dollar
          Nilai wajar melalui                                                                                    Fair value through profit
           laba rugi                                                                                                or loss
          A+                                Standard & Poor’s                7.192.497               5.322.917   A+

                                                                             7.192.497               5.322.917

          Diukur pada biaya perolehan
           diamortisasi                                                                                          Amortized Cost
          Tanpa peringkat *)                                                           -              657.984    Not rated *)

          Subtotal                                                           7.192.497               5.980.901   Subtotal




                                                                        - 84 -
Page 575
PT BANK KB BUKOPIN TBK                                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                   otherwise stated)
lain)


7.   Surat-Surat Berharga (lanjutan)                                        7.      Marketable Securities (continued)

     c.   Berdasarkan tujuan, peringkat, dan mata                                   c.   By    purpose,           rating,    and   currency
          uang (lanjutan)                                                                (continued)
                                            Lembaga
                                          pemeringkat/
                                         Rating company              2024                    2023

          Yuan China                                                                                        China Yuan
          Diukur pada biaya perolehan
           diamortisasi                                                                                     Amortized Cost
          Tanpa peringkat *)                                                2.176                   2.803   Not rated *)

          Subtotal                                                          2.176                   2.803   Subtotal

          Total                                                     21.767.111               17.536.249     Total
          Dikurangi: cadangan kerugian                                                                      Less: allowance for
           penurunan nilai                                                  (280)                   (109)     impairment losses

          Neto                                                      21.766.831               17.536.140     Net



          *) Terdiri dari Wesel SKBDN, Obligasi Pemerintah,                              *) Consists of Domestic Letter of Credit (SKBDN),
             Obligasi Ritel Indonesia, Obligasi Sukuk Ijarah                                Government Bonds, Indonesia Retail Bond,
             Negara Indonesia, Surat Utang Negara, dan                                      Indonesia Sukuk Ijarah Bonds, State Promissory
             Sertifikat Deposito Bank Indonesia.                                            Notes, and Bank Indonesia Certificates of
                                                                                            Deposits.

     d.   Berdasarkan sisa umur jatuh tempo                                         d.   By remaining period to maturity

                                                          2024                       2023

          Rupiah                                                                                  Rupiah
          Kurang dari 1 bulan                              1.001.613                     3.430      Less than a month
             1 - 3 bulan                                   1.134.519                   333.363      1 - 3 months
             3 bulan - 1 tahun                               919.664                   352.428      3 months - 1 year
             1 - 5 tahun                                   3.738.785                 3.399.602      1 - 5 years
             5 - 10 tahun                                  5.710.340                 4.685.286      5 - 10 years
             Lebih dari 10 tahun                           2.067.517                 2.778.436      More than 10 years

          Subtotal                                        14.572.438                11.552.545 Subtotal

          Dolar Amerika Serikat                                                                   United States Dollar
             Kurang dari 1 bulan                                   -                   657.983      Less than a month
             1 - 5 tahun                                   4.528.430                 2.689.864      1 - 5 years
             5 - 10 tahun                                  2.664.067                 2.633.054      5 - 10 years

          Subtotal                                         7.192.497                 5.980.901 Subtotal

          Yuan China                                                                              Chinese Yuan
             Kurang dari 1 bulan                                167                           -     Less than a month
             1 - 3 bulan                                        704                       1.277     1 - 3 months
             3 bulan - 1 tahun                                1.305                       1.526     3 months - 1 year

          Subtotal                                            2.176                       2.803      Subtotal

          Total                                           21.767.111                17.536.249 Total
          Cadangan kerugian                                                                     Allowance for impairment
             penurunan nilai                                     (280)                    (109)    losses

          Neto                                            21.766.831                17.536.140 Net




                                                                  - 85 -
Page 576
PT BANK KB BUKOPIN TBK                                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                     otherwise stated)
lain)



7.   Surat-Surat Berharga (lanjutan)                                           7.     Marketable Securities (continued)

     e.   Berdasarkan golongan penerbit                                               e.     By classification of issuers

                                                            2024                       2023

          Pemerintah dan Bank                                                                        Government and Bank
            Indonesia:                                                                                 Indonesia:
            Obligasi Pemerintah                             10.401.465                     8.220.893   Government Bonds
            Obligasi Sukuk Ijarah                                                                      Indonesia Sukuk
               Negara Indonesia                              2.503.144                     2.418.686      Ijarah Bonds

          Subtotal                                          12.904.609                10.639.579 Subtotal

          IDMB United Pte., Ltd                              2.762.639                     2.689.865 IDMB United Pte., Ltd
          SMMK Pte., Ltd                                     2.664.067                     2.633.052 SMMK Pte., Ltd
          TLDC Pte., Ltd                                     1.765.791                             - TLDC Pte., Ltd
          PT Perusahaan Pengelola                                                                    PT Perusahaan Pengelola
            Aset (Persero)                                   1.413.911                     1.334.062   Aset (Persero)
          PT Bahana TCW Investment                                                                   PT Bahana TCW Investment
            Management                                        119.600                        119.600   Management
          PT KB Finansia Multifinance                         105.000                        105.000 PT KB Finansia Multifinance
          PT Bank Central Asia Tbk                             23.795                              - PT Bank Central Asia Tbk
          PT Bank Mandiri (Persero) Tbk                         5.523                              - PT Bank Mandiri (Persero) Tbk
          PT Anugrah Putra Fajar                                2.176                          2.803 PT Anugrah Putra Fajar
          PT Rizki Asa Buana                                        -                          2.670 PT Rizki Asa Buana
          PT Lekang Jaya Konstruksi                                 -                          6.188 PT Lekang Jaya Konstruksi
          PT Inka Multi Solusi                                      -                          3.430 PT Inka Multi Solusi

          Subtotal                                           8.862.502                     6.896.670 Subtotal

          Total                                             21.767.111                17.536.249 Total
          Cadangan kerugian                                                                       Allowance for impairment
              penurunan nilai                                      (280)                    (109)    losses

          Neto                                              21.766.831                17.536.140 Net



     f.   Berdasarkan         tanggal    jatuh     tempo       dan                    f.     By maturity date and rating
          peringkat
                                          Tanggal
                                        Jatuh tempo/
                                        Maturity Date                  2024                       2023

          KIK EBA Bahana Bukopin      4 September 2026/                                                         KIK EBA Bahana Bukopin
           Tahun 2019                 September 4, 2026                       idAAA                    idAAA      Year 2019

          IDR-Linked Step-Up Fixed          21 Juni 2027/                                                       IDR-Linked Step-Up Fixed
            Rate Guaranteed Bond           June 21, 2027                                                          Guaranteed Bond IDMB
            IDMB United Pte Ltd                                                 A+                        A+      United Pte Ltd

          SMMK Pte Ltd               28 September 2037/                         A+                        A+    SMMK Pte Ltd
                                     September 28, 2037

          TLDC Pte Ltd                   28 Maret 2029/                         A+                          -   TLDC Pte Ltd
                                         March 28, 2029

          Sukuk Korporasi            28 September 2037/                    idAA(sy)                 idAA(sy)    Corporate Sharia Bonds
                                     September 28, 2037

          Obligasi Pemerintah -            15 April 2040/       Tanpa peringkat/             Tanpa peringkat/   Government Bonds -
           Rupiah                          April 15, 2040              Not rated                    Not rated    Rupiah

          Obligasi Sukuk Ijarah            15 April 2043/                                                       Indonesia Sukuk Ijarah
           Negara Indonesia                April 15, 2043                       idA                      idA-     Bonds




                                                                     - 86 -
Page 577
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)


7.   Surat-Surat Berharga (lanjutan)                                7.   Marketable Securities (continued)

     f.   Berdasarkan tanggal          jatuh   tempo   dan               f.   By maturity date and rating (continued)
          peringkat (lanjutan)

          Peringkat untuk obligasi yang terdaftar di Bursa                    The ratings of the bonds which are registered in
          Efek lndonesia berdasarkan peringkat yang                           the Indonesia Stock Exchange are determined
          dilaporkan oleh PT Pemeringkat Efek Indonesia                       by PT Pemeringkat Efek Indonesia (Pefindo),
          (Pefindo), sedangkan peringkat untuk obligasi                       meanwhile the ratings of the bonds which are
          lain yang tidak terdaftar di Bursa Efek Indonesia                   not registered in the Indonesia Stock Exchange
          berdasarkan peringkat obligasi yang dilaporkan                      are determined by Standard & Poor’s.
          oleh Standard & Poor’s.

     g.   Berdasarkan kolektibilitas                                     g.   By collectibility

          Kolektibilitas surat-surat berharga sesuai                          Collectibility  marketable     securities in
          Peraturan Otoritas Jasa Keuangan diungkapkan                        accordance with Financial Services Authority
          pada Catatan 55d.                                                   Regulation are disclosed in Note 55d.

     h.   Tingkat bunga rata-rata per tahun                              h.   Average annual interest rates

                                                   2024                   2023

          Rupiah                                                                     Rupiah
          Obligasi korporasi                           7,30%                   7,30% Corporate bonds
          Wesel SKBDN                                  8,43%                   9,17% Domestic Letters of Credit (SKBDN)
          Wesel Ekspor                                 8,92%                        -Export Wesel
          Obligasi pemerintah                          7,56%                  10,07% Goverment bonds
          Obligasi ritel indonesia -                                                 Indonesia retail bond -
            tingkat bunga tetap                        5,17%                   4,90%   fixed rate
          Sukuk korporasi                              0,75%                   0,75% Corporate sukuk

          Dolar Amerika Serikat                                                       United States Dollar
          Obligasi pemerintah -                                                       Indonesia government bond -
            tingkat bunga tetap                             -                  5,88%    fixed rate
          Obligasi korporasi                           2,00%                   2,00% Corporate bonds
          Wesel SKBDN                                                               - Domestic Letters of Credit (SKBDN)

          Yuan China                                                                 Chinese Yuan
                                                                                     Domestic Letters of Credit
          Wesel SKBDN                                  5,90%                   6,41%   (SKBDN)

     i.   Perubahan cadangan kerugian penurunan                          i.   Movements in allowance for impairment
          nilai                                                               losses

                                                   2024                   2023

          Saldo awal                                      109                     76 Beginning balance
          Penyisihan (pemulihan)                                                     Provision (reversal)
            selama tahun berjalan                         171                     33   during the year

          Saldo akhir                                     280                    109 Ending balance


          Pada tanggal 31 Desember 2024 dan 2023,                             As at December 31, 2024 and 2023,
          manajemen berpendapat bahwa cadangan                                management believes that the allowance for
          kerugian penurunan nilai yang dibentuk telah                        impairment losses on is adequate.
          memadai.




                                                           - 87 -
Page 578
PT BANK KB BUKOPIN TBK                                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                   otherwise stated)
lain)


7.   Surat-Surat Berharga (lanjutan)                                           7.   Marketable Securities (continued)

     j.   Informasi signifikan lainnya sehubungan                                   j.       Other significant information                regarding
          dengan surat-surat berharga                                                        marketable securities

          Pada tanggal 31 Desember 2024 dan 2023,                                        As at December 31, 2024 and 2023, the Bank
          Bank menjaminkan sebagian surat berharga                                       has pledged part of marketable securities in
          berupa obligasi pemerintah dengan nilai                                        form of government bonds with carrying amount
          tercatat Rp3.223.896 dan Rp219.745, untuk                                      of Rp3,223,896 and Rp219,745, respectively,
          transaksi surat berharga yang dijual dengan                                    for marketable securities sold with agreement to
          janji dibeli kembali.                                                          repurchase transactions.

     k.   Perubahan              efek-efek          berdasarkan                     k.   Changes in marketables securities based on
          klasifikasinya                                                                 classification
                                                                   31 Desember/December 31, 2024

                                                                     Cadangan Kerugian
                                                                      Penurunan Nilai/           Nilai Tercatat
                                                 Nilai Tercatat        Allowance for              Bersih/Net
                                                  Bruto/Gross            Impairment                Carrying
                                                Carrying Amount            Losses                   Amount

          Nilai wajar melalui penghasilan                                                                            Fair value through other
             laba rugi                                                                                                  profit and loss
          Saldo awal tahun                             5.322.930                         -             5.322.930     Beginning balance of the year
          Aset keuangan yang baru dibeli               2.225.941                         -             2.225.941     New financial assets purchased
          Aset keuangan yang jatuh tempo
             atau dijual                                  (8.834)                        -                 (8.834)   Maturities or disposal
          Kerugian dari perubahan
             nilai wajar                                 (77.815)                        -                (77.815)   Loss on changes in fair value
          Lainnya                                          4.931                         -                  4.931    Others

          Saldo, akhir tahun                           7.467.153                         -             7.467.153     Balance, end of year



                                                            31 Desember/December 31, 2024

                                                                     Cadangan Kerugian
                                                                      Penurunan Nilai/           Nilai Tercatat
                                                 Nilai Tercatat        Allowance for              Bersih/Net
                                                  Bruto/Gross            Impairment                Carrying
                                                Carrying Amount            Losses                   Amount

          Nilai wajar melalui penghasilan                                                                            Fair value through other
             komprehensif lain                                                                                          comprehensive income
          Saldo awal tahun                             3.067.387                         -             3.067.387     Beginning balance of the year
          Aset keuangan yang baru dibeli               2.931.000                         -             2.931.000     New financial assets purchased
          Aset keuangan yang jatuh tempo
             atau dijual                              (1.607.395)                        -            (1.607.395)    Maturities or disposal
          Kerugian dari perubahan nilai wajar            (28.332)                        -               (28.332)    Loss on changes in fair value
          Lainnya                                        (17.208)                        -               (17.208)    Others

          Saldo, akhir tahun                           4.345.452                         -             4.345.452     Balance, end of year



                                                                   31 Desember/December 31, 2024

                                                                     Cadangan Kerugian
                                                                      Penurunan Nilai/           Nilai Tercatat
                                                 Nilai Tercatat        Allowance for              Bersih/Net
                                                  Bruto/Gross            Impairment                Carrying
                                                Carrying Amount            Losses                   Amount

          Biaya perolehan diamortisasi                                                                               Amortized cost
          Saldo awal tahun                             9.145.932                     (109)             9.145.823     Beginning balance of the year
          Aset keuangan yang baru dibeli               2.037.185                     (171)             2.037.014     New financial assets purchased
          Aset keuangan yang jatuh tempo
             atau dijual                              (1.328.011)                        -            (1.328.011)    Maturities or disposal
          Lainnya                                         99.400                         -                99.400     Others

          Saldo, akhir tahun                           9.954.506                     (280)             9.954.226     Balance, end of year




                                                                      - 88 -
Page 579
PT BANK KB BUKOPIN TBK                                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                     otherwise stated)
lain)


8.   Surat Berharga yang Dibeli dengan Janji Dijual                             8.    Marketable    Securities               Purchased              with
     Kembali                                                                          Agreement to Resell
     Surat berharga yang dibeli dengan janji dijual                                   Marketable securities purchased with agreements to
     kembali pada tanggal 31 Desember 2023 terdiri                                    resell as at December 31, 2023 are as follows:
     dari:

                                                                      31 Desember/December 31, 2023
                                                                                                       Harga Beli   Bunga Belum
                                 Jangka           Tanggal          Tanggal                              Kembali/    Diamortisasi/
                                 Waktu/           Dimulai/      Jatuh Tempo/         Suku Bunga/      Repurchase    Unamortized       Nilai Neto/
                                 Period          Start Date       Due Date           Interest Rate       Price         Interest       Net Value

     Pihak ketiga/Third party
     Rupiah:
     Bank Indonesia
     Obligasi Pemerintah/
      Government Bonds
      Seri/Series                7 hari/       27 Des. 2023/    3 Jan. 2024/
      VR0034                     7 days        Dec. 27, 2023    Jan. 3, 2024            6,00%             95.875               (48)           95.827

      Seri/Series                7 hari/       28 Des. 2023/    4 Jan. 2024/
      VR0054                     7 days        Dec 28. 2023/    Jan. 4, 2024            6,00%            287.356             (191)           287.165

      Seri/Series                7 hari/       28 Des 2023/     4 Jan. 2024/
      VR0054                     7 days        Dec. 28, 2023/   Jan. 4, 2024            6,00%            143.678               (96)          143.582

      Seri/Series                7 hari/       29 Des. 2023/    5 Jan. 2024/
      VR0034                     7 days        Dec. 29, 2023    Jan. 5, 2024            6,00%            383.685             (319)           383.366
      Seri/Series                7 hari/       29 Des. 2023/    5 Jan. 2024/
      VR0034                     7 days        Dec. 29, 2023    Jan. 5, 2024            6,00%            671.448             (559)           670.889

      Seri/Series                7 hari/       29 Des. 2023/    5 Jan. 2024/
      VR0062                     7 days        Dec. 29, 2023    Jan. 5, 2024            6,00%            665.046             (554)           664.492

      Seri/Series                7 hari/       29 Des. 2023/    5 Jan. 2024/
      VR0042                     7 days        Dec. 29, 2023    Jan. 5, 2024            6,00%            142.915             (119)           142.796

      Seri/Series               92 hari/       15 Nov. 2023/    15 Feb. 2024/
      VR0034                    92 days        Nov. 15, 2023    Feb. 15, 2024           6,55%             48.806             (402)            48.404

      Seri/Series               273 hari/      16 Jun. 2023/    15 Mar. 2024/
      VR0065                    273 days       Jun. 16. 2023/   Mar. 15, 2024           6,40%             24.221             (308)            23.913

      Seri/Series               273 hari/      16 Jun. 2023/    15 Mar. 2024/
      VR0065                    273 days       Jun. 16. 2023/   Mar. 15, 2024           6,41%             24.223             (308)            23.915
      Seri/Series               273 hari/      23 Jun. 2023/    22 Mar. 2024/
      VR 0045                   273 days       Jun. 23, 2023    Mar. 22, 2024           6,41%             49.270             (686)            48.584

      Seri/Series               364 hari/      16 Jun. 2023/    14 Jun. 2024/
      VR 0037                   364 days       Jun. 16, 2023    Jun. 14, 2024           6,41%             19.820             (551)            19.269

      Seri/Series               364 hari/      23 Jun. 2023/    21 Jun. 2024/
      VR 0043                   364 days       Jun. 23, 2023    Jun. 21, 2024           6,41%             20.545             (595)            19.950

     Total                                                                                              2.576.888           (4.736)        2.572.152


     Kolektibilitas surat berharga yang dibeli dengan janji                           Collectibility marketable securities purchased with
     dijual Kembali sesuai Peraturan Otoritas Jasa                                    agreement to resell in accordance with Financial
     Keuangan diungkapkan pada Catatan 55e.                                           Services Authority Regulation are disclosed in
                                                                                      Note 55e.


9.   Kredit yang Diberikan dan Pembiayaan/Piutang                               9.    Loans and Sharia Financing/Receivables
     Syariah
     a.      Berdasarkan        mata        uang,     jenis,      dan                 a.    By currency, type, and collectability
             kolektibilitas
             Kolektabilitas kredit yang diberikan sesuai                                     Collectibility loans in accordance with the
             dengan Peraturan Otoritas Jasa Keuangan                                         Financial Services Authority Regulation are
             diungkapkan pada Catatan 55f.                                                   disclosed in Note 55f.




                                                                       - 89 -
Page 580
PT BANK KB BUKOPIN TBK                                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                      otherwise stated)
lain)


9.   Kredit yang Diberikan dan Pembiayaan/Piutang                                 9.   Loans    and          Sharia       Financing/Receivables
     Syariah (lanjutan)                                                                (continued)

     b.   Berdasarkan sektor ekonomi                                                   b.      By economic sector
                                                             31 Desember/December 31, 2024
                                                Dalam
                                              Perhatian
                                              Khusus/             Kurang
                               Lancar/         Special            Lancar/         Diragukan/        Macet/
                               Current         Mention          Substandard        Doubtful         Loss              Total

           Rupiah:                                                                                                                   Rupiah:
           Perdagangan           3.746.676        923.284               4.536           20.085         616.735         5.311.316     Trading
           Jasa                  6.463.321        389.232              20.103           25.885         510.040         7.408.581     Business service
           Konstruksi            1.854.628        254.561               9.974            7.141         236.498         2.362.802     Construction
           Pertanian               602.358            856                   -          149.316          42.234           794.764     Agriculture
           Manufaktur            3.960.362        190.448               2.792           13.034         148.577         4.315.213     Manufacturing
           Transportasi          2.444.206          5.645                 514               22         221.622         2.672.009     Transportation
           Tenaga listrik          670.129         83.780                   -                -         116.682           870.591     Power supply
           Pertambangan            826.879          8.637                   -                -          15.894           851.410     Mining
           Lain-lain            13.259.577        494.726             145.060           90.838       1.723.410        15.713.611     Others

           Total Rupiah         33.828.136      2.351.169             182.979          306.321       3.631.692        40.300.297     Total Rupiah
           Cadangan kerugian                                                                                                         Allowance for
             penurunan nilai      (519.858)      (291.896)           (121.716)         (103.485)     (1.854.587)       (2.891.542)       impairment losses

           Neto                 33.308.278      2.059.273              61.263          202.836       1.777.105        37.408.755     Net

           Mata uang asing:                                                                                                          Foreign currencies:
           Perdagangan              54.500              -                     -                -             -             54.500    Trading
           Jasa                  1.323.424              -                     -                -        14.514          1.337.938    Business service
           Konstruksi                6.980              -                     -                -             -              6.980    Contructions
           Pertanian                80.473              -                     -                -             -             80.473    Agriculture
           Manufaktur            2.762.403        130.584                     -                -             -          2.892.987    Manufacturing
           Transportasi              9.226              -                     -                -             -              9.226    Transportation
           Tenaga listrik        1.040.702              -                     -                -             -          1.040.702    Power supply
           Pertambangan          1.802.235              -                     -                -             -          1.802.235    Mining
           Lain-lain                 2.148              -                     -                -             -              2.148    Others

           Total mata uang
             asing               7.082.091        130.584                     -                -        14.514          7.227.189  Total foreign currencies
           Cadangan kerugian                                                                                                       Allowance for
             penurunan nilai       (64.040)       (32.873)                    -                -         (3.742)         (100.655)     impairment losses

           Neto                  7.018.051         97.711                     -                -        10.772          7.126.534    Net

           Total                40.326.329      2.156.984              61.263          202.836       1.787.877        44.535.289     Total




                                                             31 Desember/December 31, 2023
                                                Dalam
                                              Perhatian
                                              Khusus/             Kurang
                               Lancar/         Special            Lancar/         Diragukan/        Macet/
                               Current         Mention          Substandard        Doubtful         Loss              Total
           Rupiah:                                                                                                                   Rupiah:
           Perdagangan           5.378.383        807.232              39.712            4.105         723.071         6.952.503     Trading
           Jasa                  6.940.638        280.624              47.432           28.296         285.501         7.582.491     Business service
           Konstruksi            2.050.686      1.518.719              10.644            4.021         202.738         3.786.808     Construction
           Pertanian               691.185        154.769              20.909                -           3.634           870.497     Agriculture
           Manufaktur            3.735.125        107.470                   -              265          73.514         3.916.374     Manufacturing
           Transportasi          2.526.841        110.831                 410            5.103         304.414         2.947.599     Transportation
           Tenaga listrik          861.453            231                   -                -          13.801           875.485     Power supply
           Pertambangan            538.163              -                   -            2.158         855.708         1.396.029     Mining
           Lain-lain            12.986.247      1.201.695              89.142          118.540       1.665.385        16.061.009     Others

           Total Rupiah         35.708.721      4.181.571             208.249          162.488       4.127.766        44.388.795     Total Rupiah
           Cadangan kerugian                                                                                                         Allowance for
             penurunan nilai      (540.160)      (770.505)            (68.858)          (60.255)     (2.074.884)       (3.514.662)       impairment losses

           Neto                 35.168.561      3.411.066             139.391          102.233       2.052.882        40.874.133     Net




                                                                         - 90 -
Page 581
PT BANK KB BUKOPIN TBK                                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                        otherwise stated)
lain)


9.   Kredit yang Diberikan dan Pembiayaan/Piutang                                   9.   Loans    and           Sharia       Financing/Receivables
     Syariah (lanjutan)                                                                  (continued)

     b.   Berdasarkan sektor ekonomi (lanjutan)                                          b.      By economic sector (continued)
                                                              31 Desember/December 31, 2023
                                                Dalam
                                              Perhatian
                                              Khusus/              Kurang
                               Lancar/         Special             Lancar/          Diragukan/         Macet/
                               Current         Mention           Substandard         Doubtful          Loss              Total
           Mata uang asing:                                                                                                             Foreign currencies:
           Perdagangan             140.370                -                    -                 -              -            140.370    Trading
           Jasa                    691.970                -                    -                 -         13.821            705.791    Business service
           Konstruksi                6.937                -                    -                 -              -              6.937    Contructions
           Pertanian                76.966                -                    -                 -              -             76.966    Agriculture
           Manufaktur            1.929.078                -                    -                 -              -          1.929.078    Manufacturing
           Transportasi                  -                -                    -                 -              -                  -    Transportation
           Tenaga listrik        1.196.702                                                                                 1.196.702    Power supply
           Pertambangan            971.791                -                    -                 -              -            971.791    Mining
           Lain-lain                 2.186                                                                                     2.186    Others

           Total mata uang
             asing               5.016.000                -                    -                 -         13.821          5.029.821    Total foreign currencies
           Cadangan kerugian                                                                                                            Allowance for
             penurunan nilai       (64.311)               -                    -                 -         (3.861)           (68.172)       impairment losses

           Neto                  4.951.689                -                    -                 -          9.960          4.961.649    Net

           Total                40.120.250      3.411.066               139.391          102.233        2.062.842        45.835.782     Total



     c.   Berdasarkan jangka waktu                                                       c.      By maturity

                                                                 2024                     2023

          Rupiah:                                                                                       Rupiah:
           Kurang dari 1 tahun                                   5.824.491                4.160.796      Less than a year
           1 - 2 tahun                                           1.454.328                4.488.182      1 - 2 years
           2 - 5 tahun                                           5.547.055                6.700.058      2 - 5 years
           Lebih dari 5 tahun                                   27.474.423               29.039.759      More than 5 years

                                                                40.300.297               44.388.795

          Mata uang asing:                                                                              Foreign currencies:
           Kurang dari 1 tahun                                   1.926.471                   515.517      Less than a year
           1 - 2 tahun                                             497.063                 1.346.108      1 - 2 years
           2 - 5 tahun                                           1.840.955                   852.041      2 - 5 years
           Lebih dari 5 tahun                                    2.962.700                 2.316.155      More than 5 years

                                                                 7.227.189                 5.029.821

          Total                                                 47.527.486               49.418.616 Total
          Cadangan kerugian                                                                          Allowance for impairment
              penurunan nilai                                    (2.992.197)             (3.582.834)   losses

          Neto                                                  44.535.289               45.835.782 Net


     d.   Berdasarkan sisa umur jatuh tempo                                              d.      By remaining period to maturity

                                                                 2024                     2023

          Rupiah:                                                                                       Rupiah:
           Kurang dari 1 tahun                                   9.156.520               10.336.478       Less than a year
           1 - 2 tahun                                           1.753.825                2.300.396       1 - 2 years
           2 - 5 tahun                                          11.135.851               10.561.987       2 - 5 years
           Lebih dari 5 tahun                                   18.254.101               21.189.934       More than 5 years

                                                                40.300.297               44.388.795




                                                                           - 91 -
Page 582
PT BANK KB BUKOPIN TBK                                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                 otherwise stated)
lain)


9.   Kredit yang Diberikan dan Pembiayaan/Piutang                            9.   Loans    and           Sharia          Financing/Receivables
     Syariah (lanjutan)                                                           (continued)

     d.   Berdasarkan         sisa    umur        jatuh    tempo                  d.     By remaining period to maturity (continued)
          (lanjutan)

                                                          2024                     2023

          Mata uang asing:                                                                            Foreign currencies:
           Kurang dari 1 tahun                             2.423.855                   2.017.857      Less than a year
           1 - 2 tahun                                       931.778                     170.491      1 - 2 years
           2 - 5 tahun                                     2.196.813                   1.798.169      2 - 5 years
           Lebih dari 5 tahun                              1.674.743                   1.043.304      More than 5 years

                                                           7.227.189                   5.029.821

          Total                                           47.527.486              49.418.616          Total
          Cadangan kerugian                                                                           Allowance for
              penurunan nilai                             (2.992.197)              (3.582.834)           impairment losses

          Neto                                            44.535.289              45.835.782          Net


     e.   Berdasarkan mata uang                                                   e.     By currency

                                                          2024                     2023

          Rupiah                                          40.300.297              44.388.795 Rupiah

          Mata uang asing :                                                                         Foreign currencies:
            Dolar Amerika Serikat                          7.225.040                   5.027.636      United States Dollar
            Euro Eropa                                         2.149                       2.185      Euro European

                                                           7.227.189                   5.029.821

          Total                                           47.527.486              49.418.616 Total
          Cadangan kerugian                                                                   Allowance for
            penurunan nilai                               (2.992.197)             (3.582.834)    impairment losses

          Neto                                            44.535.289              45.835.782 Net


     f.   Berdasarkan stage                                                       f.     By stages
                                                          31 Desember/December 31, 2024

                                     Stage 1              Stage 2                 Stage 3                   Total

                                                                                                                          Beginning balance
          Saldo awal tahun           40.416.916             4.348.331                  4.653.369            49.418.616      of the year
          Transfer ke kerugian
             kredit ekspektasian                                                                                           Transferred to lifetime
             sepanjang umur                                                                                                  expected credit
             (Stage 2)                (3.664.610)           3.686.479                    (21.868)                    -       losses (Stage 2)
          Transfer ke kredit yang
             mengalami penurunan                                                                                          Transferred to credit
             nilai (Stage 3)          (1.705.621)            (442.455)                 2.148.076                     -       impaired (Stage 3)
          Transfer ke kerugian                                                                                            Transferred to
             kredit ekspektasian                                                                                             12 month expected
             12 bulan (Stage 1)         675.435              (657.001)                   (18.434)                    -       credit losses (Stage 1)
          Perubahan bersih                                                                                                Net change in
             pada eksposur dan                                                                                               exposure and
             pengukuran kembali       2.390.033              (421.803)             (1.289.141)                 679.089       remeasurement
          Penghapusan                  (867.943)             (236.891)             (1.465.385)              (2.570.219)   Written-off

          Saldo akhir tahun          37.244.210             6.276.660                  4.006.616            47.527.486    Balance end of year




                                                                    - 92 -
Page 583
PT BANK KB BUKOPIN TBK                                                                           PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                         AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                   Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                              For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                    (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                           otherwise stated)
lain)


9.   Kredit yang Diberikan dan Pembiayaan/Piutang                      9.   Loans    and            Sharia         Financing/Receivables
     Syariah (lanjutan)                                                     (continued)

     f.    Berdasarkan stage (lanjutan)                                     f.      By stages (continued)
                                                    31 Desember/December 31, 2023

                                     Stage 1        Stage 2                 Stage 3                   Total

                                                                                                                    Beginning balance
           Saldo awal tahun          45.503.113       1.634.341                  3.445.980           50.583.434       of the year
           Transfer ke kerugian
              kredit ekspektasian                                                                                    Transferred to lifetime
              sepanjang umur                                                                                           expected credit
              (Stage 2)               (3.742.152)     3.784.011                    (41.859)                    -       losses (Stage 2)
           Transfer ke kredit yang
              mengalami penurunan                                                                                   Transferred to credit
              nilai (Stage 3)         (3.194.563)      (268.668)                 3.463.231                     -       impaired (Stage 3)
           Transfer ke kerugian                                                                                     Transferred to
              kredit ekspektasian                                                                                      12 month expected
              12 bulan (Stage 1)        453.115        (421.442)                   (31.673)                    -       credit losses (Stage 1)
           Perubahan bersih                                                                                         Net change in
              pada eksposur dan                                                                                        exposure and
              pengukuran kembali       4.326.744       (323.671)                   (939.223)           3.063.850       remeasurement
           Penghapusan                (2.929.341)       (56.240)                 (1.243.087)          (4.228.668)   Written-off

           Saldo akhir tahun         40.416.916       4.348.331                  4.653.369           49.418.616     Balance end of year



     g.    Kredit konsumsi                                                  g.      Consumer loans

           Kredit konsumsi terdiri dari:                                            The consumer loans consists of:

                                                    2024                     2023

           Kredit personal                          11.392.329              10.154.077         Personal loans
           Kredit pemilikan rumah                    1.626.401               1.362.701         Housing loans
           Kartu kredit                                380.258                 456.910         Credit card
           Kredit kendaraan bermotor                   125.672                 185.150         Motor vehicle loans
           Kredit konsumsi lainnya                   1.193.584                 647.608         Other consumer loans

           Total                                    14.718.244              12.806.446 Total


     h. Kredit yang bermasalah                                              h.      Non-performing loans
          Kredit yang bermasalah berdasarkan sektor                                 Non-performing loans based on economic
          ekonomi. Rasio kredit bermasalah Bank sesuai                              sector. The non-performing loans ratio of The
          dengan peraturan Otoritas Jasa Keuangan                                   Bank’s in accordance with the Financial
          diungkapkan pada Catatan 55f.                                             Services Authority Regulation are disclosed in
                                                                                    Note 55f.

     i. Pembiayaan Syariah                                                  i.      Sharia financing

          Rincian pembiayaan/piutang syariah pada                                    As at December 31, 2024 and 2023, the details
          tanggal 31 Desember 2024 dan 2023, sebagai                                 of sharia financing/receivables are as follows:
          berikut:
                                                    2024                     2023

          Pembiayaan Musyarakah                      5.118.001                   4.782.664     Musyarakah financing
          Piutang Murabahah                            531.551                     494.889     Murabahah receivables
          Pembiayaan Mudharabah                        286.643                     296.402     Mudharabah financing
          Piutang Ijarah                                67.245                      58.040     Ijarah receivables
          Piutang Qardh                                    877                         184     Qardh receivables
          Piutang Istishna                                 222                         418     Istishna receivables

          Total                                      6.004.539                   5.632.597 Total
          Cadangan kerugian                                                                 Allowance for
            penurunan nilai                           (224.194)                   (161.967)    impairment losses

          Neto                                       5.780.345                   5.470.630 Net




                                                              - 93 -
Page 584
PT BANK KB BUKOPIN TBK                                                                              PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                            AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                      Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                 For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                       (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                              otherwise stated)
lain)


9.   Kredit yang Diberikan dan Pembiayaan/Piutang                         9.   Loans    and          Sharia       Financing/Receivables
     Syariah (lanjutan)                                                        (continued)

     j.   Kredit sindikasi                                                     j.      Syndicated loans

           Kredit sindikasi merupakan kredit yang                                      Syndicated loans represent loans and sharia
           diberikan dan pembiayaan/piutang syariah                                    financing/receivables provided to customers
           kepada nasabah berdasarkan perjanjian                                       under syndication agreements with other banks.
           pembiayaan bersama dengan bank-bank lain.                                   The Bank’s shares as a member in syndicated
           Keikutsertaan Bank sebagai anggota sindikasi                                loans were 22% to 78%, (31 December 2023:
           dengan persentase penyertaan masing-masing                                  22% to 70%) of the total syndicated loans.
           berkisar antara 22% sampai dengan 78%,                                      Risks from syndicated loans are shared
           (31 Desember 2023: 22% sampai dengan 70%)                                   proportionately by the participating banks.
           dari total kredit sindikasi. Risiko atas kredit
           sindikasi ditanggung secara proporsional oleh
           bank-bank peserta.
     k. Tingkat bunga rata-rata per tahun                                      k.      Average annual interest rates
           Tingkat bunga rata-rata per tahun untuk kredit                              The average interest rates per annum on loans
           yang diberikan adalah sebagai berikut:                                      are as follows:
                                                       2024                     2023

           Rupiah                                        10,10%                       10,90% Rupiah
           Mata uang asing                                7,06%                        6,96% Foreign currencies

     l.   Kredit kepada pihak berelasi                                         l.      Loans to related parties
                                                       2024                     2023

           Modal kerja                                   309.839                      619.779 Working capital
                                                                                              Board of Directors, Board of
           Direksi, Dewan Komisaris,                                                            Commissioners, Sharia
              Dewan Pengawas Syariah,                                                           Supervisory Board,
              dan Pejabat Eksekutif                       30.144                       21.226   and Executive Officers

           Total (Catatan 38)                            339.983                      641.005 Total (Note 38)
           Cadangan kerugian                                                                   Allowance for
             penurunan nilai                                  (354)                    (7.941)    impairment losses

           Neto                                          339.629                      633.064     Net


     m. Perubahan cadangan kerugian penurunan                                  m. Movements in allowance for impairment
        nilai                                                                     losses

           Perubahan cadangan kerugian penurunan nilai                                 The      movements       in     allowance for
           kredit yang diberikan dan pembiayaan/piutang                                impairment losses of loans and Sharia
           Syariah adalah sebagai berikut:                                             financing/receivables are as follows:
                                                       31 Desember/December 31, 2024

                                        Stage 1          Stage 2                    Stage 3         Total

                                                                                                                  Beginning balance
          Saldo awal tahun                 858.219            459.100               2.265.515       3.582.834        of the year
          Transfer ke kerugian kredit                                                                             Transferred to lifetime
             ekspektasian                                                                                            expected credit
             sepanjang umur (Stage 2)       (65.589)           73.005                   (7.416)              -       losses (Stage 2)
          Transfer ke kredit yang
             mengalami penurunan                                                                                  Transferred to credit
             nilai (Stage 3)                (25.005)           (48.518)                73.523                -       impaired (Stage 3)
          Transfer ke kerugian kredit                                                                             Transferred to 12 month
             ekspektasian                                                                                            expected credit
             12 bulan (Stage 1)             33.080             (27.608)                 (5.472)              -       losses (Stage 1)
          Perubahan bersih pada
             eksposur dan                                                                                         Net change in exposure
             pengukuran kembali            564.251             289.989               1.125.342       1.979.582      and remeasurement
          Penghapusan                     (867.943)           (236.891)             (1.465.385)     (2.570.219)   Written-off

          Saldo akhir tahun                497.013            509.077               1.986.107       2.992.197     Ending balance of the year




                                                                - 94 -
Page 585
PT BANK KB BUKOPIN TBK                                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                    otherwise stated)
lain)


9.   Kredit yang Diberikan dan Pembiayaan/ Piutang                              9.   Loans    and             Sharia          Financing/Receivables
     Syariah (lanjutan)                                                              (continued)

     m. Perubahan cadangan kerugian penurunan                                        m. Movements in allowance for impairment
        nilai (lanjutan)                                                                losses (continued)
                                                            31 Desember/December 31, 2023

                                           Stage 1                Stage 2             Stage 3                Total

                                                                                                                            Beginning balance
          Saldo awal tahun                    535.853                104.609              986.214            1.626.676         of the year
          Transfer ke kerugian kredit                                                                                       Transferred to lifetime
             ekspektasian                                                                                                      expected credit
             sepanjang umur (Stage 2)          (45.790)               58.847              (13.057)                    -        losses (Stage 2)
          Transfer ke kredit yang
             mengalami penurunan                                                                                              Transferred to credit
             nilai (Stage 3)                   (49.287)              (18.336)              67.623                     -          impaired (Stage 3)
          Transfer ke kerugian kredit                                                                                         Transferred to 12 month
             ekspektasian                                                                                                        expected credit
             12 bulan (Stage 1)                 27.051               (18.891)              (8.160)                    -            losses (Stage 1)
          Perubahan bersih pada
             eksposur dan                                                                                                   Net change in exposure
             pengukuran kembali              3.319.733               389.111           2.475.982              6.184.826       and remeasurement
          Penghapusan                       (2.929.341)              (56.240)         (1.243.087)            (4.228.668)    Written-off

          Saldo akhir tahun                   858.219                459.100          2.265.515              3.582.834      Ending balance of the year



           Di dalam saldo cadangan kerugian penurunan                                      Allowance for impairment losses includes
           nilai termasuk cadangan kerugian penurunan                                      allowance for impairment losses for sharia
           nilai pembiayaan/piutang syariah masing-                                        financing/receivables amounted to Rp224,194
           masing sebesar Rp224.194 dan Rp161.967,                                         and Rp161,967, December 31, 2024 and 2023,
           pada tanggal 31 Desember 2024 dan 2023.                                         respectively.

           Manajemen berpendapat bahwa cadangan                                            Management believes that the allowance for
           kerugian penurunan nilai yang dibentuk telah                                    impairment losses is adequate.
           memadai.

           Total kredit yang diberikan dan total cadangan                                 The total loans and allowance for impairment
           kerugian penurunan nilai yang evaluasi                                         losses which impairment evaluation is
           penurunan nilainya dilakukan secara individual                                 individually and collectively assessed as at
           dan kolektif pada tanggal 31 Desember 2024                                     December 31, 2024 and 2023, are as follows:
           dan 2023, adalah sebagai berikut:
                                                           2024                                       2023

                                            Individual/             Kolektif/         Individual/             Kolektif/
                                            Individual             Collective         Individual             Collective

           Pinjaman yang diberikan dan                                                                                          Loans and sharia
              pembiayaan/piutang syariah       1.220.776             46.306.710           1.826.782            47.591.834          financing/receivables
           Cadangan kerugian                                                                                                    Allowance for impairment
              penurunan nilai                   (281.292)            (2.710.905)           (760.232)            (2.822.602)        loss

           Neto                                  939.484             43.595.805           1.066.550            44.769.232       Net



     n.    Kredit yang direstrukturisasi                                             n.    Restructured loans
           Kredit yang direstrukturisasi sesuai dengan                                    Restructured loans in accordance with the
           Peraturan    Otoritas     Jasa     Keuangan                                    Financial Services Authority Regulation are
           diungkapkan pada Catatan 55f.                                                  disclosed in Note 55f.




                                                                       - 95 -
Page 586
PT BANK KB BUKOPIN TBK                                                                             PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                           AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                     Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                      (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                             otherwise stated)
lain)


9.   Kredit yang Diberikan dan Pembiayaan/ Piutang                       9.   Loans    and         Sharia    Financing/Receivables
     Syariah (lanjutan)                                                       (continued)

     o.   Piutang pembiayaan entitas anak                                     o.    The subsidiary’s financing receivables

          Piutang pembiayaan           entitas   anak    adalah                     The subsidiary’s financing receivables balance
          sebagai berikut:                                                          is as follows:

                                                         2024                  2023

          Piutang pembiayaan - bruto                       721.732                 272.218 Financing receivables - gross
          Dikurangi:                                                                        Less:
          Pendapatan pembiayaan                                                             Unearned financing
            yang belum diakui                             (105.702)                (54.424)   receivables

          Total                                            616.030                 217.794 Total
          Dikurangi:                                                                        Less:
          Cadangan kerugian                                                                 Allowance for
            penurunan nilai                                (29.692)                (75.940)    impairment losses

          Total                                            586.338                 141.854 Total


          Pada tanggal 31 Desember 2024 dan 2023,                                   As at December 31, 2024 and 2023, the
          piutang pembiayaan masing-masing sebesar                                  financing receivables balances pledged as
          Rp616.030 dan Rp217.794, digunakan sebagai                                collateral for borrowings amounted to
          jaminan    atas pinjaman    yang   diterima                               Rp616,030 and Rp217,794, respectively
          (Catatan 23).                                                             (Note 23).
          Tingkat suku bunga per tahun:                                             Annual interest rate:
                                                         2024                  2023

          Produk                                                                            Products
            Mobil                                10,40% - 52,74%         10,88% - 47,14%      Automobiles

     p.   Kredit yang dihapus buku                                            p.    Written-off loans

          Ikhtisar mutasi kredit yang dihapus buku adalah                           A summary of written-off loans is as follows:
          sebagai berikut:
                                                         2024                  2023

          Saldo awal                                    15.414.424            11.363.340 Beginning balance
          Penghapusbukuan                                2.570.218             4.228.668 Write-off
          Penerimaan kembali kredit                                                       Recoveries from
            yang telah dihapusbukukan                     (111.243)             (177.584)  written-off loans

          Saldo akhir                                   17.873.399            15.414.424 Ending balance


     q.   Kontrak Investasi       Kolektif-Efek         Beragun               q.    Collective Investment Contract            Asset-
          Aset (KIK-EBA)                                                            Backed Securities (KIK-EBA)

          Bank telah melakukan sekuritisasi pertama atas                            The Bank conducted the first securitization on
          kumpulan tagihan kredit pensiunan (”Kumpulan                              its pension loans (“pool of receivables”), by
          Tagihan”) yang dimilikinya dengan menunjuk                                appointing PT Bahana TCW Investment
          PT Bahana TCW Investment Management                                       Management as the investment manager. The
          sebagai Manajer Investasi. Selanjutnya atas                               pool of receivables which met the criteria for
          kumpulan tagihan yang memenuhi kriteria                                   selection by the Bank, as the Initial Creditor,
          pemilihan, oleh Bank, sebagai Kreditur Awal,                              was sold and transferred to Collective
          telah dijual dan dialihkan ke Kontrak Investasi                           Investment Contract Asset-Backed Securities of
          Kolektif Efek Beragun Aset Bahana Bukopin -                               Bahana Bukopin - Pool of Transferred Pension




                                                                - 96 -
Page 587
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


9.   Kredit yang Diberikan dan Pembiayaan/ Piutang               9.   Loans    and       Sharia     Financing/Receivables
     Syariah (lanjutan)                                               (continued)

     q.   Kontrak Investasi Kolektif-Efek       Beragun               q.   Collective Investment Contract Asset-
          Aset (KIK-EBA) (lanjutan)                                        Backed Securities (KIK-EBA) (continued)

          Kumpulan tagihan Kredit Pensiunan yang                           loans (KIK-EBA BB) based on sale-purchase
          Dialihkan (KIK-EBA BB) yang tertuang dalam                       deed dated August 29, 2019. KIK-EBA BB was
          Perjanjian Induk Jual Beli Tagihan tanggal                       established based on Collective Investment
          29 Agustus 2019. KIK-EBA BB dibentuk                             Contract between PT Bahana TCW Investment
          berdasarkan Akta Kontrak Investasi Kolektif                      Management as the investment manager and
          antara    PT    Bahana   TCW      Investment                     PT Bank Maybank Indonesia Tbk as the
          Management sebagai Manajer Investasi dan                         Custodian Bank based on deed No. 33 dated
          PT Bank Maybank Indonesia Tbk sebagai Bank                       May 22, 2019, and amended by deed
          Kustodian berdasarkan Akta No. 33 tanggal                        No. 80 dated August 29, 2019. Nominal par
          22 Mei 2019 dan diamendemen dengan akta                          value of sold and transferred receivables which
          No. 80 tanggal 29 Agustus 2019. Nilai pokok                      represents selected receivables with maximum
          kumpulan tagihan yang dijual dan dialihkan                       nominal value amounting to Rp1,001,000
          tersebut   merupakan    kumpulan      tagihan                    consists of 16,783 debtors, was sold and
          terseleksi dengan nilai pokok sebesar-                           transferred at their nominal value at final cut-off
          besarnya Rp1.001.000 yang terdiri dari 16.783                    date (August 29, 2019). The interest rate
          debitur dengan harga sebesar nilai pokok                         charged to the debtors of the pool of receivables
          Kumpulan Tagihan pada tanggal cut-off final                      on the date of sale amounted to 12% up to
          (29 Agustus 2019). Tingkat suku bunga yang                       23.13% with maturity of 7 years.
          dikenakan pada debitur kumpulan tagihan
          tersebut pada tanggal penjualan adalah
          sebesar 12% sampai dengan 23,13% dengan
          jangka waktu 7 tahun.

          Setelah terjadinya penjualan dan pengalihan                      Subsequent to the sale and transfer of the pool
          kumpulan tagihan tersebut, risiko kredit atas                    of receivables, credit risks on the pool of
          kumpulan tagihan telah beralih dari Bank                         receivables were transferred from the Bank to
          kepada pembeli.                                                  the buyer.

          Selanjutnya, KIK-EBA BB menerbitkan Efek                         Further, KIK-EBA BB issued Asset-Backed
          Beragunan Aset (EBA) yang merupakan                              Securities (ABS) which represent an instrument
          bentuk partisipasi dalam kepemilikan bersama                     of joint ownership on the pool of receivables.
          atas Kumpulan Tagihan. EBA diterbitkan dalam                     ABS were issued in three types or classes as
          tiga kelas yaitu:                                                follows:

          (i)   EBA Kelas A1 senilai Rp1 (nominal                          (i)   Class A1 ABS amounting to Rp1 (full
                penuh) yang dicatat pada Bursa Efek                              amount) which are registered in the
                Indonesia dan ditawarkan kepada publik                           Indonesia Stock Exchange, and offered to
                dengan nilai 91,1% dari nilai pokok EBA                          the public at 91.1% of the nominal value of
                Kelas A1 dengan tingkat bunga tetap                              class A1 ABS with interest at the annual
                sebesar 9,25% per tahun dengan tanggal                           fixed rate of 9.25% per annum and due on
                jatuh tempo 4 September 2022. EBA                                September 4, 2022. The Class A1 ABS
                Kelas        A1    mendapatkan      hasil                        was rated idAAA (triple A; Stable Outlook)
                pemeringkatan atas efek beragun dari                             by PT Pemeringkat Efek Indonesia
                PT Pemeringkat Efek Indonesia (Pefindo)                          (Pefindo). The Registration Statement
                yaitu idAAA (triple A; Stable Outlook).                          Letter from KIK-EBA-BB received effective
                Surat Pernyataan Pendaftaran dari KIK-                            statement        based      on      Letter
                EBA BB telah mendapatkan pernyataan                              No. S-1026/PM.21/2019 dated August 28,
                efektif dari Badan Pengawas Pasar Modal                          2019 of the Chairman of BAPEPAM-LK.
                dan Lembaga Keuangan (BAPEPAM-LK)
                melalui surat No. S-1026/PM.21/2019
                tanggal 28 Agustus 2019.




                                                        - 97 -
Page 588
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)


9.   Kredit yang Diberikan dan Pembiayaan/ Piutang                9.   Loans    and      Sharia     Financing/Receivables
     Syariah (lanjutan)                                                (continued)

     q.   Kontrak Investasi Kolektif-Efek        Beragun               q.   Collective Investment Contract Asset-
          Aset (KIK-EBA) (lanjutan)                                         Backed Securities (KIK-EBA) (continued)

          (ii)    EBA Kelas A2 senilai Rp1 (nominal                         (ii) Class A2 ABS amounting to Rp1 (full
                  penuh) yang ditawarkan dengan nilai                            amount) which are offered at 91.1% of the
                  91,1% dari nilai pokok EBA Kelas A2. EBA                       nominal value of class A2 ABS. Class A2
                  Kelas A2 tidak dicatat pada Bursa Efek                         ABS are not registered in the Indonesia
                  Indonesia namun ditawarkan kepada                              Stock Exchange but are offered to
                  calon pembeli dengan ketentuan bahwa                           prospective buyer with the condition that
                  pemegang EBA kelas A2 mempunyai hak                            the holder of Class A2 ABS has the first
                  untuk dibayar terlebih dahulu dari                             priority to be paid than the holder of Class
                  Pemegang EBA Kelas B.                                          B ABS.

          (iii)   EBA Kelas B dengan nilai pokok sebesar                    (iii) Class B ABS with nominal value of
                  Rp119.600 memiliki jangka waktu 7 tahun                         Rp119,600 with due date of 7 years and
                  dan mewakili sebesar-besarnya 9,2% dari                         represent maximum 9.2% of financial asset
                  aset keuangan KIK-EBA BB. EBA Kelas B                           of KIK-EBA BB. The Class B ABS are not
                  tidak dicatat pada Bursa Efek Indonesia                         registered in the Indonesia Stock
                  namun ditawarkan kepada calon pembeli                           Exchange but are offered to prospective
                  dengan ketentuan bahwa pemegang EBA                             buyer with the condition that class B ABS
                  Kelas B berhak atas semua arus kas                              holders have the right on the residual cash
                  tersisa sesuai dengan urutan prioritas                          flow based on the payment priorities. On
                  pembayaran. Pada tanggal 31 Desember                            December 31, 2019, the Bank recorded
                  2019, Bank telah mencatat EBA Kelas B                           Class B ABS as measured at amortized
                  sebagai efek yang diukur pada biaya                             cost securities on the Bank’s balance
                  perolehan pada neraca Bank (Catatan 7).                         sheets (Note 7).

          Transaksi penjualan Kumpulan Tagihan telah                        A true sale opinion was obtained on the sale of
          memperoleh opini penjualan putus (true sale)                      the pool of receivables from independent
          dari pihak independen yang terdiri dari                           parties which consists of accounting opinion
          pendapat dari segi akuntansi oleh Akuntan                         from an independent accountant and legal
          Independen dan pendapat dari segi hukum oleh                      opinion from an independent legal consulting
          kantor konsultan hukum independen. Atas                           firm. Based on the opinions of the above two
          dasar opini kedua pihak independen tersebut,                      independent parties, the Bank has excluded the
          Bank telah mengeluarkan Kumpulan Tagihan                          pool of receivables amounting to Rp1,300,000
          sebesar Rp1.300.000 dari neraca Bank                              from its balance sheets (derecognition).
          (penghentian pengakuan).

          Berdasarkan perjanjian penyedia jasa tanggal                      Based on the Service Provider Agreement
          29 Agustus 2019, Bank juga bertindak sebagai                      dated August 29, 2019, the Bank also acts as a
          penyedia jasa penagihan dalam transaksi                           collecting service provider in the above
          sekuritisasi Kumpulan piutang diatas. Peran                       securitization transaction of the pool of
          utama Bank sebagai penyedia jasa pengumpul                        receivables. The Bank’s primary role as a
          antara lain mengumpulkan pembayaran pokok                         collective service provider, among others, is to
          dan bunga dari para debitur untuk setiap                          collect the principal and interest payments from
          periode     penagihan,   mentransfer  secara                      debtors on each collection period, to transfer
          bulanan hasil penagihan kepada KIK-EBA BB                         monthly the proceeds from collection to the
          dan mengadministrasikannya dengan baik,                           KIK-EBA BB and to maintain the good, safe,
          aman dan teratur serta profesional untuk                          orderly and professional administration of the
          kepentingan KIK-EBA BB yang merupakan                             debtors’ accounts for the interest of KIK-EBA
          representasi dari para pemegang EBA.                              BB, which represents the ABS holders.




                                                         - 98 -
Page 589
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)


9.   Kredit Yang Diberikan Dan Pembiayaan/ Piutang                9.   Loans    And     Sharia    Financing/Receivables
     Syariah (lanjutan)                                                (continued)

     r.   Informasi signifikan lainnya sehubungan                      r.   Other significant information relating to
          dengan    kredit   yang   diberikan dan                           loans and Sharia financing/receivables
          pembiayaan/piutang Syariah

          i.   Pada tanggal 15 Desember 2009, Bank                          i. On December 15, 2009, the Bank entered
               melakukan perjanjian Investasi Mudharabah                       into an agreement of Subordinated
               Subordinasi dengan PT Bank KB Bukopin                           Mudharabah Investment financing with
               Syariah (KBBS) dimana Bank akan                                 PT Bank KB Bukopin Syariah (KBBS)
               menyediakan dana investasi sebesar                              whereby the Bank will provide investment
               Rp100.000 dengan jangka waktu 72 (tujuh                         fund of Rp100,000 for 72 (seventy two)
               puluh dua) bulan.                                               months period.

               Pada tanggal 29 Desember 2020, Bank                            On December 29, 2020, the Bank entered
               melakukan perjanjian Investasi Mudharabah                      into an agreement of Subordinated
               Subordinasi dengan PT Bank KB Bukopin                          Mudharabah Investment with PT Bank KB
               Syariah (KBBS) dimana Bank akan                                Bukopin Syariah (KBBS) where the Bank
               menyediakan dana investasi sebesar                             provided investment fund of Rp275,000 for
               Rp275.000 dengan jangka waktu 72 (tujuh                        72 (seventy two) months.
               puluh dua) bulan.

               Pada tanggal 29 Desember 2021, Bank                            On December 29, 2021, the Bank entered
               melakukan perjanjian Investasi Mudharabah                      into an agreement of Subordinated
               Subordinasi dengan PT Bank KB Bukopin                          Mudharabah Investment with PT Bank KB
               Syariah (KBBS) dimana Bank akan                                Bukopin Syariah (KBBS) where the Bank
               menyediakan dana investasi sebesar                             provided investment fund of Rp350,000 for
               Rp350.000 dengan jangka waktu 72 (tujuh                        72 (seventy two) months
               puluh dua) bulan.

               Beberapa ketentuan terkait perjanjian                          Some relevant provisions of the agreement
               tersebut adalah sebagai berikut:                               are as follows:
               - Nisbah bagi hasil adalah sebesar 70%                         - Revenue sharing (nisbah) is 70% for the
                   untuk Bank dan 30% untuk KBBS dan                             Bank and 30% for KBBS and can be
                   dapat direviu setiap 6 (enam) bulan                           reviewed every six-month;
                   sekali;
               - Pembayaran nisbah bagi hasil berasal                         -   Payment of revenue sharing (nisbah)
                   dari pendapatan operasional KBBS;                              comes from KBBS’s operating income;
               - Pembayaran          pokok       Investasi                    -   Principal amount of Subordinated
                   Mudharabah Subordinasi selambat-                               Mudharabah Investment will be paid at
                   lambatnya dilaksanakan pada saat jatuh                         maturity date, at the latest.
                   tempo.

               Perjanjian      Investasi     Mudharabah                       The Subordinated Mudharabah Investment
               Subordinasi antara Bank dengan KBBS telah                      agreement between the Bank and KBBS has
               mendapat persetujuan dari Bank Indonesia                       been approved by Bank Indonesia with letter
               dengan surat No. 11/1594/DPbS tanggal                          No. 11/1594/DPbS dated November 24,
               24 November 2009.                                              2009.

               Pada tanggal 28 Desember 2009, KBBS                            On December 28, 2009, KBBS made its first
               telah melakukan pencairan pertama                              withdrawal in the amount of Rp50,000 under
               sebesar Rp50.000 berdasarkan perjanjian                        the prevailing agreement. In 2021, this
               tersebut. Pada tahun 2021 pinjaman ini                         facility was extended until August 26, 2027.
               telah diperpanjang sampai dengan 26
               Agustus 2027.




                                                         - 99 -
Page 590
PT BANK KB BUKOPIN TBK                                                                            PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                          AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                    Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                               For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                     (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                            otherwise stated)
lain)


9.   Kredit Yang Diberikan Dan Pembiayaan/ Piutang                      9.   Loans    And      Sharia     Financing/Receivables
     Syariah (lanjutan)                                                      (continued)

     r.   Informasi signifikan lainnya sehubungan                            r.   Other significant information relating to
          dengan    kredit   yang   diberikan   dan                               loans and Sharia financing/receivables
          pembiayaan/piutang Syariah (lanjutan)                                   (continued)

                Perjanjian      Investasi     Mudharabah                            The Subordinated Mudharabah Investment
                Subordinasi antara Bank dengan KBBS telah                           Agreement between the Bank and KBBS
                mendapat persetujuan dari Bank Indonesia                            was approved by Bank Indonesia through
                dengan surat No. 195/KDM-KPS/XII/2021                               letter No. 195/KDS-KPS/XII/2021 dated
                tanggal 29 Desember 2021. KBBS telah                                November 29, 2021. KBBS made its first
                melakukan pencairan pertama sebesar                                 withdrawal in the amount of Rp290,000.
                Rp290.000.

                Perjanjian      Investasi     Mudharabah                            The Subordinated Mudharabah Investment
                Subordinasi antara Bank dengan KBBS telah                           Agreement between the Bank and KBBS
                mendapat persetujuan dari Bank Indonesia                            was approved by Bank Indonesia through
                dengan surat No. 083/DRUT-PKS/KP-                                   letter No. 083/DRUT-PKS/KP-JKT/XII/2020
                JKT/XII/2020 tanggal 29 Desember 2020.                              dated December 29, 2020. KBBS made its
                KBBS telah melakukan pencairan pertama                              first withdrawal in the amount of Rp
                sebesar Rp2.750.000.                                                2,750,000.

                Pada tanggal 31 Desember 2024 dan 2023,                             As at December 31, 2024 and 2023, the loan
                seluruh portofolio kredit ini dieliminasi untuk                     portfolio is eliminated for the consolidated
                laporan keuangan konsolidasian.                                     financial statements.

          ii.  Kredit yang diberikan dijamin dengan                               ii. Certain loans are secured by pledge of
               agunan yang diikat dengan hak tanggungan                               registered mortgages, powers of attorney to
               atau surat kuasa membebankan hak                                       sell, or by other guarantees acceptable to
               tanggungan atau surat kuasa untuk                                      the Bank. The loans secured by demand
               menjual, atau jaminan lain yang umumnya                                deposits, savings deposits, and time
               diterima oleh Bank. Jumlah kredit yang                                 deposits as at December 31, 2024 and
               diberikan yang dijamin dengan giro,                                    2023, amounted to Rp1,410,803 and
               tabungan, dan deposito berjangka pada                                  Rp2,982,893, respectively.
               tanggal 31 Desember 2024 dan 2023,
               masing-masing sebesar Rp1.410.803 dan
               Rp2.982.893.
          iii. Kredit modal kerja merupakan fasilitas                             iii. Working capital loans consist of demand
               kredit rekening koran, cerukan dan kredit                               loans, overdraft and regular loan facilities.
               reguler.
           iv. Kredit konsumsi terdiri dari kredit pemilikan                      iv. Consumer loans consist of housing loan, car
               rumah, kredit pemilikan mobil, kartu kredit,                           loan, credit card receivables, and personal
               dan kredit perorangan termasuk kredit yang                             loans including loans secured by cash
               dijamin dengan agunan tunai.                                           collateral.
            v. Kredit program Pemerintah terdiri dari kredit                      v. Government program loans consist of
               usaha rakyat, kredit investasi, kredit modal                           people’s business credit, investment loans,
               kerja, kredit program kepada sektor                                    working capital loans, cooperative loans,
               koperasi, dan kredit pemilikan rumah.                                  and housing loans.
          vi. Pinjaman karyawan Bank terdiri dari kredit                          vi. Loans to the Bank’s employees consist of
               yang dibebani bunga khusus dengan                                      loans granted with special interest rates and
               jangka      waktu       berkisar       antara                          with terms between 1 (one) to 15 (fifteen)
               1 (satu) sampai dengan 15 (lima belas)                                 years, and are collected through monthly
               tahun yang dilunasi melalui pemotongan                                 salary deductions. The difference between
               gaji setiap bulannya. Perbedaan antara                                 the employee loan’s interest rates and
               tingkat bunga pinjaman karyawan dan suku                               market interest rate is expensed and
               bunga pasar dibebankan dan dicatat                                     recorded as personnel expenses.
               sebagai beban tenaga kerja.




                                                              - 100 -
Page 591
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


10. Tagihan Dan Liabilitas Akseptasi                             10. Acceptances Receivable And Payable

    a.   Berdasarkan pihak dan mata uang                            a.    By counterparties and currency

                                                2024                 2023

         Pihak ketiga                                                               Third parties
         Rupiah                                      4.804                21.404      Rupiah

         Mata uang asing:                                                           Foreign currencies:
           Yuan Cina                                75.041                 8.875      Chinese Yuan
           Dolar Amerika Serikat                     4.434               102.298      United States Dollar

         Total                                      84.279               132.577 Total

         Cadangan kerugian                                                          Allowance for
           penurunan nilai                          (1.200)               (1.613)      impairment losses

         Neto                                       83.079               130.964 Net


    b.   Berdasarkan sisa umur jatuh tempo                          b.    By remaining period to maturity

                                                2024                 2023

         Rupiah:                                                                    Rupiah:
           Kurang dari 1 bulan                       1.626                 9.076      Less than a month
           1 - 3 bulan                               3.178                11.700      1 - 3 months
           3 - 6 bulan                                   -                   628      3 - 6 months

         Total                                       4.804                21.404      Total

         Mata uang asing:                                                           Foreign currencies:
           Kurang dari 1 bulan                      10.149                20.572      Less than a month
           1 - 3 bulan                              68.016                59.300      1 - 3 months
           3 - 6 bulan                               1.310                31.301      3 - 6 months

         Total                                      79.475               111.173 Total
         Cadangan kerugian                                                        Allowance for
            penurunan nilai                         (1.200)               (1.613)    impairment losses

         Neto                                       83.079               130.964 Net


         Jumlah saldo liabilitas akseptasi adalah sama                    Acceptances payable represent the same
         seperti yang tercatat dalam saldo akun tagihan                   amount as acceptances receivable as at
         akseptasi pada tanggal 31 Desember 2024 dan                      December 31, 2024 and 2023.
         2023.

    c.   Berdasarkan kolektibilitas                                 c.    By collectibility

         Kolektibilitas tagihan dan liabilitas akseptasi                  Collectibility acceptance receivables and
         sesuai Peraturan Otoritas Jasa Keuangan                          payable in accordance with Financial Services
         diungkapkan pada Catatan 55g.                                    Authority Regulation are disclosed in Note 55g.

         Pada tanggal 31 Desember 2024 dan 2023,                         As at December 31, 2024 and 2023,
         manajemen berpendapat bahwa cadangan                            management believes that the allowance for
         kerugian penurunan nilai yang dibentuk telah                    impairment losses is adequate.
         memadai.




                                                       - 101 -
Page 592
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)


11. Tagihan dan Liabilitas Derivatif                                11. Derivative Receivable and Payable

    Rincian transaksi derivatif atas swap mata uang                    Details of foreign currency swaps as                            at
    asing pada tanggal 31 Desember 2024 dan 2023,                      December 31, 2024 and 2023, are as follows:
    adalah sebagai berikut:
                                                  31 Desember/December 31, 2024

                                                                       Tagihan           Liabilitas
                                 Nilai kontrak/                        derivatif/        derivatif/
                                   Contract        Nilai wajar/       Derivatives       Derivatives
                                    amount         Fair value         receivable         payable

    Pihak ketiga                                                                                          Third parties
    Transaksi swap mata                                                                                   Foreign currency swap
       uang asing :                                                                                         transaction :
      Dolar Amerika Serikat:                                                                                United States Dollar:
      PT Bank Danamon                                                                                       PT Bank Danamon
        Indonesia Tbk                  965.975              (272)            1.621            (1.893)           Indonesia Tbk
      PT Bank Central Asia Tbk         563.454             5.132             5.132                 -        PT Bank Central Asia Tbk
      PT Bank Permata Tbk              338.077             3.849             3.916               (67)       PT Bank Permata Tbk
      PT Bank DBS Indonesia            241.556             1.066             1.385              (319)       PT Bank DBS Indonesia
      PT Bank Sinarmas Tbk              96.578              (418)                -              (418)       PT Bank Sinarmas Tbk
      PT Bank BNP Paribas               96.578              (443)                -              (443)       PT Bank BNP Paribas
      PT Bank Mega Tbk                  48.289              (221)                -              (221)       PT Bank Mega Tbk
      Bank of America N.A -                                                                                 Bank of America N.A -
          Jakarta Branch                32.193              (132)                   -           (132)           Jakarta Branch
      PT Bank OCBC NISP Tbk             16.096               (74)                   -            (74)       PT Bank OCBC NISP Tbk
      PT Bank CTBC Indonesia            16.096               (74)                   -            (74)       PT Bank CTBC Indonesia

    Total                                                  8.413            12.054            (3.641)     Total


                                                  31 Desember/December 31, 2023

                                                                       Tagihan           Liabilitas
                                 Nilai kontrak/                        derivatif/        derivatif/
                                   Contract        Nilai wajar/       Derivatives       Derivatives
                                    amount         Fair value         receivable         payable

    Pihak ketiga                                                                                          Third parties
    Transaksi swap mata                                                                                   Foreign currency swap
       uang asing :                                                                                         transaction :
      Dolar Amerika Serikat:                                                                                United States Dollar:
      PT Bank Permata Tbk              477.321             1.569             1.869              (300)       PT Bank Permata Tbk
      PT Bank Central Asia Tbk         461.932                15               304              (289)       PT Bank Central Asia Tbk
      PT Bank Danamon                                                                                       PT Bank Danamon
        Indonesia Tbk                  184.768               184               207               (23)           Indonesia Tbk
      PT Bank CIMB Niaga Tbk           153.995                 1               115              (114)       PT Bank CIMB Niaga Tbk
      PT Bank Sinarmas Tbk              92.384               (75)                -               (75)       PT Bank Sinarmas Tbk
      The Bank of Tokyo -                                                                                   The Bank of Tokyo -
          Mitsubishi Ltd                76.987                89                89                    -         Mitsubishi Ltd
      PT Bank Victoria                                                                                      PT Bank Victoria
        International Tbk               46.192               417               417                 -            International Tbk
      PT Bank HSBC Indonesia            30.795                21                21                 -        PT Bank HSBC Indonesia
      PT Bank ANZ Indonesia             15.397                18                18                 -        PT Bank ANZ Indonesia
      PT Bank BNP Paribas                3.843                (7)                -               (7)        PT Bank BNP Paribas

    Total                                                  2.232             3.040              (808)     Total



     Kolektibilitas tagihan derivatif sesuai Peraturan                   Collectibility derivatives receivables in accordance
     Otoritas Jasa Keuangan diungkapkan pada                             with Financial Services Authority Regulation are
     Catatan 55h.                                                        disclosed in Note 55h.

     Manajemen Bank berpendapat bahwa cadangan                           The Bank’s management believed that allowance
     kerugian  penurunan    nilai    pada     tanggal                    for impairment losses as of December 31, 2024
     31 Desember 2024 dan 2023 tidak diperlukan.                         and 2023 were not required.




                                                          - 102 -
Page 593
PT BANK KB BUKOPIN TBK                                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                       otherwise stated)
lain)


12. Penyertaan Saham                                                               12. Investments in Shares

    Rincian  penyertaan saham  pada   tanggal                                           Investments in shares as at December 31, 2024 and
    31 Desember 2024 dan 2023, adalah sebagai                                           2023, consist of the following:
    berikut:
                                                                                          Persentase
                                                                                         kepemilikan/               Biaya
                                                                Jenis usaha/             Percentage of            perolehan/               Nilai tercatat/
    Nama perusahaan/Name of company                          Nature of business           ownership                  Cost                  Carrying value

    Simpanan keanggotaan/Membership deposits:
    PT Aplikanusa Lintasarta                                 Jasa Komunikasi/
                                                        Communication Services                       0%                           15                          15

    Total                                                                                                                                                     15



    Berdasarkan hasil evaluasi dan penelaahan                                           Based on management’s evaluation and review,
    manajemen Bank, penyertaan saham pada tanggal                                       investments in shares as at December 31, 2024 and
    31 Desember 2024 dan 2023, diklasifikasikan                                         2023, are classified as current.
    lancar.


13. Aset Tetap dan Aset Hak Guna                                                   13. Fixed Assets and Right of Use Assets
                                                            31 Desember/December 31, 2024

                               Saldo Awal/                                                                         Saldo Akhir/
                                Beginning     Penambahan/     Pengurangan/     Reklasifikasi/       Revaluasi/        Ending
                                 Balance        Additions      Deductions     Reclassifications    Revaluations      Balance

    Biaya perolehan                                                                                                                Cost
    Pemilikan langsung:                                                                                                            Direct ownership:
    Tanah                         2.405.244             -             8.692               4.426         213.072       2.614.050    Land
    Bangunan                      1.088.656         2.054            21.808               3.279                       1.072.181    Building
    Perabotan dan peralata n                                                                                                       Furniture, fixture and
       kantor                      731.862         47.138             2.765               1.226               -         777.461     office equipment
    Prasarana bangunan              74.126              -                                     -               -          74.126    Leasehold improvements
    Kendaraan bermotor              50.420            250            15.547                   -               -          35.123    Motor vehicles
    Aset dalam konstruksi           47.068          2.219            17.864              (8.931)              -          22.492    Asset under construction

    Total                         4.397.376        51.661            66.676                   -         213.072       4.595.433    Total
    Aset hak guna sewa              249.358         9.391            77.184                   -               -         181.565    Right of use of assets

    Total                         4.646.734        61.052           143.860                   -         213.072       4.776.998    Total

    Akumulasi penyusutan                                                                                                           Accumulated depreciations
    Pemilikan langsung:                                                                                                            Direct ownership:
    Perabotan dan peralata                                                                                                         Furniture, fixture and
       kantor                      640.180         49.182             2.397                   -               -         686.965     office equipment
    Bangunan                       549.079         49.343            14.424                   -               -         583.998    Building
    Prasarana bangunan              60.535          5.636                 -                   -               -          66.171    Leasehold improvements
    Kendaraan bermotor              23.651          5.170            13.716                   -               -          15.105    Motor vehicles

    Total                         1.273.445       109.331            30.537                   -               -       1.352.239    Total
    Aset hak guna sewa              139.614        42.025            77.184                   -               -         104.455    Right of use of assets

    Total                         1.413.059       151.356           107.721                   -               -       1.456.694    Total

    Nilai buku neto               3.233.675                                                                           3.320.304    Net book value



                                                            31 Desember/December 31, 2023

                               Saldo Awal/                                                                         Saldo Akhir/
                                Beginning     Penambahan/     Pengurangan/     Reklasifikasi/       Revaluasi/        Ending
                                 Balance        Additions      Deductions     Reclassifications    Revaluations      Balance

    Biaya perolehan                                                                                                                Cost
    Pemilikan langsung:                                                                                                            Direct ownership:
    Tanah                         2.433.852         8.175            36.783                   -               -       2.405.244    Land
    Bangunan                      1.089.319         5.561             6.224                   -               -       1.088.656    Building
    Perabotan dan peralata n                                                                                                       Furniture, fixture and
       kantor                      722.539         14.084             4.761                   -               -         731.862     office equipment
    Prasarana bangunan              73.775            351                 -                   -               -          74.126    Leasehold improvements
    Kendaraan bermotor              26.820         26.749             3.149                   -               -          50.420    Motor vehicles
    Aset dalam konstruksi           41.222          5.846                 -                   -               -          47.068    Asset under construction

    Total                         4.387.527        60.766            50.917                   -               -       4.397.376    Total
    Aset hak guna sewa              299.428        10.136            60.206                   -               -         249.358    Right of use of assets

    Total                         4.686.955        70.902           111.123                   -               -       4.646.734    Total




                                                                         - 103 -
Page 594
PT BANK KB BUKOPIN TBK                                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                     otherwise stated)
lain)


13. Aset Tetap dan Aset Hak Guna (lanjutan)                                     13. Fixed Assets                  and     Right        of     Use       Assets
                                                                                    (continued)
                                                   31 Desember/December 31, 2023

                               Saldo Awal/                                                                         Saldo Akhir/
                                Beginning     Penambahan/   Pengurangan/     Reklasifikasi/         Revaluasi/        Ending
                                 Balance        Additions    Deductions     Reclassifications      Revaluations      Balance

    Akumulasi penyusutan                                                                                                            Accumulated depreciations
    Pemilikan langsung:                                                                                                             Direct ownership:
    Perabotan dan peralata n                                                                                                        Furniture, fixture and
       kantor                      591.381         52.927          4.128                    -                 -          640.180     office equipment
    Bangunan                       498.670         56.633          6.224                    -                 -          549.079    Building
    Prasarana bangunan              51.880          8.655              -                    -                 -           60.535    Leasehold improvements
    Kendaraan bermotor              21.866          5.299          3.514                    -                 -           23.651    Motor vehicles

    Total                         1.163.797       123.514         13.866                    -                 -         1.273.445   Total
    Aset hak guna sewa              126.956        69.901         57.243                    -                 -           139.614   Right of use of assets

    Total                         1.290.753       193.415         71.109                    -                 -         1.413.059   Total

    Nilai buku neto               3.396.202                                                                             3.233.675   Net book value



    Kerugian bersih dari penjualan aset tetap adalah                                  Loss on sale of fixed assets is as follows:
    sebagai berikut:

                                                              2024                      2023

    Hasil penjualan                                               27.759                     7.200 Proceeds from sale
    Nilai buku                                                   (36.139)                  (12.900) Net book value

    Kerugian bersih dari aset tetap                                                                       Net loss on sale of
     (Catatan 35)                                                 (8.380)                       (5.700)     fixed asset (Note 35)


    Rincian aset dalam konstruksi per 31 Desember                                     Detail assets under construction as at December 31,
    2024 and 2023, adalah sebagai berikut:                                            2024 and 2023, are as follow:

                                                       31 Desember/December 31, 2024

                                                                   Persentase                 Estimasi
                                                                  Penyelesaian/             Penyelesaian/
                                                Jumlah/           Percentage of               Estimated
                                                 Total             Completion                Completion

    Tanah dan bangunan                              22.492             25% - 90%                  2025 - 2026      Land and buildings


                                                       31 Desember/December 31, 2023

                                                                   Persentase                 Estimasi
                                                                  Penyelesaian/             Penyelesaian/
                                                Jumlah/           Percentage of               Estimated
                                                 Total             Completion                Completion

    Tanah dan bangunan                              47.068             25% - 90%                  2024 - 2025      Land and buildings


    Pada tanggal 1 Maret 2016, Grup mengubah                                          On March 1, 2016, the Group change their
    kebijakan akuntansi terkait pengukuran setelah                                    accounting      policy     related to subsequent
    pengakuan awal untuk tanah dari model biaya ke                                    measurement of land from the cost model to the
    model revaluasi. Pada tahun 2024, Bank melakukan                                  revaluation model. In 2024, the Bank performed
    kembali revaluasi atas aset tanahnya.                                             revaluation for its land of asset.

    Nilai wajar dari tanah yang dimiliki Bank pada                                    The fair values of land owned by the Bank as at
    31 Desember 2024 dinilai oleh Kantor Jasa Penilai                                 December 31, 2024 are determined by Kantor Jasa
    Publik (KJPP) Asnawi & Rekan penilai properti                                     Penilai Publik (KJPP) Asnawi & Rekan, an
    independen      dengan      tanggal     penilaian                                 independent property appraiser, with appraisal date
    12 Desember 2024.                                                                 of December 12, 2024.




                                                                      - 104 -
Page 595
PT BANK KB BUKOPIN TBK                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                        AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                  Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                             For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                   (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                          otherwise stated)
lain)


13. Aset Tetap dan Aset Hak Guna (lanjutan)                          13. Fixed Assets          and   Right    of   Use    Assets
                                                                         (continued)

    Penilaian dilakukan berdasarkan Standar Penilaian                      Valuation is performed based on Indonesian
    Indonesia dan telah sesuai dengan POJK                                 Valuation Standards and in accordance with POJK
    No. 28/POJK.04/2021 tentang Penilaian dan                              No. 28/POJK.04/2021 regarding Valuation and
    Penyajian Laporan Penilaian Properti di Pasar                          Presentation of Property Appraisal Report in Capital
    Modal untuk tujuan pelaporan keuangan. Nilai wajar                     Market for the purposes of financial reporting. The
    tanah adalah berdasarkan pendekatan data pasar                         fair value of land is based on market data approach
    dengan membandingkan harga-harga aset yang                             by comparing observable market prices of similar
    serupa yang dapat diobservasi.                                         assets.

    Harga pasar yang paling mendekati disesuaikan                          Market prices in close proximity are adjusted for
    dengan perbedaan atribut-atribut utama, seperti:                       differences in key attributes such as: land size,
    ukuran tanah, lokasi dan biaya penggantian.                            location, and replacement costs. The fair value
    Pengukuran nilai wajar juga mempertimbangkan                           measurements also consider highest and best use
    penggunaan tertinggi dan terbaik (highest and best                     of the asset being valued. The fair value of lands is
    use) dari aset yang dinilai. Nilai wajar dari tanah                    classified as level 2 based on hierarchy of fair value.
    diklasifikasikan sebagai tingkat 2 berdasarkan
    hierarki nilai wajar.

    Tabel berikut menyajikan informasi         mengenai                    The following table presents the information on the
    revaluasi tanah pada tanggal revaluasi:                                revaluation of the land on the date of revaluation:
                                                   31 Desember/December 31, 2024

                                Nilai buku bersih      Nilai wajar pada            Surplus
                               sebelum revaluasi/     tanggal revaluasi/          revaluasi/
                                 Net book value        Fair value on the         Revaluation
                               before revaluation     date of revaluation          surplus

    Tanah                              2.275.061               2.061.989              213.072 Land



    Pada tahun 2024 terdapat bagunan dan tanah yang                        In 2024, a building and land were sold with an
    di jual dengan nilai perolehan sebesar Rp1.036 dan                     acquisition value of Rp1,036 and a write-off
    nilai revaluasi yang dihapuskan sebesar Rp645.                         revaluation value of Rp645. The revaluation surplus
    Mutasi surplus revaluasi telah tercermin dalam                         movement has been reflected in the Consolidated
    Laporan Perubahan Ekuitas Konsolidasian. Saldo                         Statement of Changes in Equity. The revaluation
    surplus revaluasi per 1 Januari 2024 sebesar                           surplus balance as of January 1, 2024, was
    Rp1.603.893 dengan penurunan surplus selama                            Rp1,603,893, with a decrease of Rp645 and an
    2024 sebesar Rp645 dan penambahan surplus                              increase of Rp213,072 during 2024, resulting in a
    selama 2024 sebesar Rp213.072 sehingga saldo                           final balance of Rp1,816,965 as of December 31,
    akhir per 31 Desember 2024 menjadi sebesar                             2024.
    Rp1.816.965.

    Pada tahun 2023 terdapat tanah yang di reklasifikasi                   On 2023, there was land reclassified as abandoned
    menjadi aset terbengkalai dengan nilai perolehan                       assets with an acquisition value of Rp22,395 and
    sebesar Rp22.395 dan nilai revaluasi yang                              eliminated revaluation amounting to Rp1,756.
    dihapuskan sebesar Rp1.756. Mutasi surplus                             Movements in the revaluation surplus have been
    revaluasi telah tercermin dalam Laporan Perubahan                      reflected in the Consolidated Statement of Changes
    Ekuitas Konsolidasian. Saldo surplus revaluasi per                     in Equity. The revaluation surplus balance as at
    1 Januari 2023 sebesar Rp1.605.649 dengan                              January 1, 2023 was Rp1,605,649 with the
    penurunan surplus selama 2023 sebesar Rp1.756                          deduction of a surplus for 2023 amounting to
    sehingga saldo akhir per 31 Desember 2023                              Rp1,756 therefore the balance as at December 31,
    menjadi sebesar Rp1.603.893.                                           2023 was Rp1,603,893.

    Cadangan revaluasi tidak boleh didistribusikan                         The revaluation reserves are not available for
    kepada pemegang saham Bank.                                            distribution to the Bank's shareholders.




                                                           - 105 -
Page 596
PT BANK KB BUKOPIN TBK                                                                         PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                       AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                 Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                            For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                  (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                         otherwise stated)
lain)


13. Aset Tetap dan Aset Hak Guna (lanjutan)                           13. Fixed Assets               and   Right        of    Use       Assets
                                                                          (continued)

    Aset tetap, kecuali tanah, diasuransikan terhadap                     Fixed assets, except land, are insured against
    risiko kebakaran dan risiko Iainnya berdasarkan                       losses by fire and other risks under blanket policies
    suatu paket polis tertentu dengan beberapa                            with several insurance companies including
    perusahaan        asuransi      diantaranya adalah                    PT Asuransi Central Asia, PT Asuransi Umum
    PT Asuransi Central Asia, PT Asuransi Umum                            Bumiputera Muda 1967, PT BRI Asuransi Indonesia,
    Bumiputera Muda 1967, PT BRI Asuransi Indonesia,                      PT Asuransi Jasa Indonesia, PT Zurich Asuransi
    PT Asuransi Jasa Indonesia, PT Zurich Asuransi                        Indonesia, PT AJB Bumiputera 1912, PT Syarikat
    Indonesia, PT AJB Bumiputera 1912, PT Syarikat                        Takaful Indonesia, PT Asuransi Bangun Askrida and
    Takaful Indonesia, PT Asuransi Bangun Askrida dan                     PT KB Insurance which are third parties of the Bank.
    PT KB Insurance yang merupakan pihak ketiga dari                      The total insurance coverage as at December 31,
    Bank. Nilai pertanggungan seluruhnya pada tanggal                     2024 and 2023, are amounted to Rp3,332,716 and
    31 Desember 2024 dan 2023, masing-masing                              Rp2,978,770, respectively. Management believes
    sebesar Rp3.332.716 dan Rp2.978.770. Manajemen                        that the insurance coverage is adequate to cover
    berpendapat bahwa nilai pertanggungan tersebut                        losses arising from such risks.
    cukup untuk menutup kemungkinan kerugian yang
    timbul dari risiko-risiko tersebut.

    Harga perolehan aset tetap telah terdepresiasi                        The cost of fixed assets that have been fully
    penuh namun masih digunakan oleh Grup sebesar                         depreciated but still in use by the Group amounting
    Rp288.980 dan Rp574.439, masing-masing pada                           to Rp288,980 and Rp574,439, as at December 31,
    tanggal 31 Desember 2024 dan 2023, antara lain                        2024 and 2023, respectively, included among
    berupa bangunan, perlengkapan kantor dan                              others, building, office equipment and motor
    kendaraan bermotor.                                                   vehicles.

    Manajemen berpendapat tidak terdapat indikasi                         Management believes that there is no indication of
    penurunan nilai atas aset tetap yang dimiliki oleh                    impairment in the value of fixed assets of the Group.
    Grup.

    Aset hak guna per 31 Desember 2024 dan 2023,                          Right of use of assets as at December 31, 2024 and
    adalah sebagai berikut:                                               2023, are follows:
                                               31 Desember/December 31, 2024
                              Saldo Awal/                                                              Saldo Akhir/
                               Beginning     Penambahan/       Pengurangan/       Reklasifikasi/         Ending
                                Balance       Additions         Deductions       Reclassifications       Balance

    Biaya perolehan                                                                                                     Cost
    Kepemilikan langsung:                                                                                               Direct ownership:
    Gedung                         192.039          6.280               45.727                   -            152.592   Building
    Kendaraan                       41.611          1.380               20.238                   -             22.753   Vehicle
    Perlengkapan kantor             12.622              -                8.202                   -              4.420   Office equipment
    Rumah                            3.086          1.731                3.017                   -              1.800   House

    Total                          249.358          9.391               77.184                   -            181.565 Total

    Akumulasi penyusutan                                                                                                Accumulated depreciation
    Kepemilikan langsung:                                                                                               Direct ownership:
    Gedung                          95.290         31.883               45.727                   -             81.446   Building
    Kendaraan                       31.367          6.765               20.238                   -             17.894   Vehicle
    Perlengkapan kantor             11.490          1.133                8.202                   -              4.421   Office equipment
    Rumah                            1.467          2.244                3.017                   -                694   House

    Total                          139.614         42.025               77.184                   -            104.455 Total

    Nilai buku neto                109.744                                                                     77.110 Net book value


                                               31 Desember/December 31, 2023

                              Saldo Awal/                                                              Saldo Akhir/
                               Beginning     Penambahan/       Pengurangan/       Reklasifikasi/         Ending
                                Balance       Additions         Deductions       Reclassifications       Balance

    Biaya perolehan                                                                                                     Cost
    Kepemilikan langsung:                                                                                               Direct ownership:
    Gedung                         222.500          5.874               36.335                   -            192.039   Building
    Kendaraan                       44.023          1.105                3.517                   -             41.611   Vehicle
    Perlengkapan kantor             13.163              -                  541                   -             12.622   Office equipment
    ATM                             10.304             42               10.346                   -                  -   ATM
    Rumah                            9.438          3.115                9.467                   -              3.086   House

    Total                          299.428         10.136               60.206                   -            249.358 Total




                                                            - 106 -
Page 597
PT BANK KB BUKOPIN TBK                                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                 otherwise stated)
lain)


13. Aset Tetap dan Aset Hak Guna (lanjutan)                                  13. Fixed Assets                 and   Right          of   Use      Assets
                                                                                 (continued)
                                                      31 Desember/December 31, 2023
                                     Saldo Awal/                                                                Saldo Akhir/
                                      Beginning     Penambahan/          Pengurangan/      Reklasifikasi/         Ending
                                       Balance       Additions            Deductions      Reclassifications       Balance

    Akumulasi penyusutan                                                                                                           Accumulated depreciation
    Kepemilikan langsung:                                                                                                          Direct ownership:
    Gedung                                 82.320         46.342                33.372                    -               95.290   Building
    Kendaraan                              25.107          9.777                 3.517                    -               31.367   Vehicle
    Perlengkapan kantor                     7.994          4.037                   541                    -               11.490   Office equipment
    Rumah                                   6.522          4.412                 9.467                    -                1.467   House
    ATM                                     5.013          5.333                10.346                    -                    -   ATM

    Total                                 126.956         69.901                57.243                    -             139.614 Total

    Nilai buku neto                       172.472                                                                       109.744 Net book value




    Bank menyewa beberapa aset termasuk rumah                                     Bank had rent a number of assets which include
    dinas, gedung kantor, ruang ATM, kendaraan dan                                official houses, offices, ATM space, vehicle and
    lain-lain. Rata-rata masa sewa adalah 5 (lima)                                others. The average of lease term is 5 (five) years.
    tahun.


14. Aset Takberwujud                                                         14. Intangible Assets
    Aset takberwujud terdiri dari piranti lunak dan                               Intangible assets consist of computer softwares and
    goodwill.                                                                     goodwill.

                                                        2024                       2023

    Piranti lunak                                         340.408                        340.104 Software
    Goodwill                                              295.711                        295.711 Goodwill

    Sub-total                                             636.119                        635.815 Sub-total
    Dikurangi:                                                                                    Less:
    Akumulasi amortisasi dan                                                                      Accumulated amortization
       penurunan nilai                                   (365.312)                      (350.230)   and impairment losses

    Neto                                                  270.807                        285.585 Net


    a.      Piranti lunak                                                         a.      Softwares

                                                      31 Desember/December 31, 2024

                                   Saldo Awal/                                                           Saldo Akhir/
                                    Beginning        Penambahan/              Pengurangan/                 Ending
                                     Balance           Additions               Deductions                  Balance

            Biaya perolehan             340.104                    304                         -                340.408      Cost
            Akumulasi amortisasi                                                                                             Accumulated amortization
             (Catatan 33)               (244.001)           (15.082)                           -               (259.083)       (Note 33)

            Nilai buku neto               96.103                                                                 81.325      Net book value



                                                      31 Desember/December 31, 2023

                                   Saldo Awal/                                                           Saldo Akhir/
                                    Beginning        Penambahan/              Pengurangan/                 Ending
                                     Balance           Additions               Deductions                  Balance

            Biaya perolehan             189.338             150.766                            -                340.104      Cost
            Akumulasi amortisasi                                                                                             Accumulated amortization
             (Catatan 33)               (176.826)          (67.175)                            -               (244.001)       (Note 33)

            Nilai buku neto               12.512                                                                 96.103      Net book value




                                                                   - 107 -
Page 598
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)


14. Aset Takberwujud (lanjutan)                                     14. Intangible Assets (continued)
    b.   Goodwill                                                      b.   Goodwill

         Goodwill timbul dari akuisisi entitas anak                         Goodwill arise from the acquisition of
         (Catatan 1c). Perubahan atas saldo goodwill                        subsidiaries (Note 1c). Movements in goodwill
         pada tanggal 31 Desember 2024 dan 2023,                            balance as at December 31, 2024 and 2023,
         adalah sebagai berikut:                                            are as follows:
                                                 31 Desember/December 31, 2024

                               Saldo Awal/                                                Saldo Akhir/
                                Beginning        Penambahan/        Pengurangan/            Ending
                                 Balance           Additions         Deductions             Balance

         Biaya perolehan             295.711                -                      -            295.711    Cost
         Akumulasi                                                                                         Accumulated
            amortisasi *)             (39.748)              -                      -             (39.748 )   amortization *)
         Akumulasi penurunan                                                                               Accumulated
            nilai                     (66.481)              -                      -             (66.481 ) impairment

         Nilai buku neto             189.482                                                    189.482     Net book value



                                                 31 Desember/December 31, 2023

                               Saldo Awal/                                                Saldo Akhir/
                                Beginning        Penambahan/        Pengurangan/            Ending
                                 Balance           Additions         Deductions             Balance
         Biaya perolehan             295.711                -                      -            295.711     Cost
         Akumulasi                                                                                          Accumulated
            amortisasi *)             (39.748)              -                      -             (39.748)     amortization *)
         Akumulasi penurunan                                                                                Accumulated
            nilai                     (66.481)              -                      -             (66.481)     impairment
         Nilai buku neto             189.482                                                    189.482     Net book value


         Penurunan nilai sebesar Rp66.481 telah diakui                      Impairment losses amounting to Rp66,481 has
         karena jumlah tercatat lebih besar dari jumlah                     been recognized as the carrying amount
         terpulihkannya. Jumlah       terpulihkan   atas                    exceeds its recoverable amount. Recoverable
         PT Bank KB Bukopin Syariah (KBBS) telah                            amount of PT Bank KB Bukopin Syariah
         dihitung berdasarkan nilai pakai (value in use)                    (KBBS) has been calculated based on value in
         yang ditentukan dengan mendiskontokan arus                         use that is determined by discounting the future
         kas masa depan berdasarkan anggaran                                cash flows resulting from financial budget
         keuangan yang disetujui oleh manajemen untuk                       approved by management covering a 5 (five)
         periode 5 (lima) tahun.                                            year period.

         Bank telah melakukan uji penurunan nilai atas                      The Bank has performed impairment testing on
         goodwill   yang     terbentuk dari   akuisisi                      goodwill resulting from acquisition of KBBS with
         KBBS dengan asumsi utama yang digunakan                            the following key assumptions used by the
         adalah sebagai berikut:                                            Bank:

                                                   2024                  2023

         Tingkat diskonto                             6,88%                 6,88%      Discount rate
         Proyeksi tingkat pertumbuhan                 4,50%                 4,50%      Projected growth rate
         Produk Domestik Bruto                        5,17%                 5,17%      Gross Domestic Product
         Tingkat inflasi                              2,28%                 2,28%      Inflation rate
         Tingkat pertumbuhan terminal value           1,60%                 1,60%      Terminal value growth

         Manajemen berpendapat bahwa tidak terdapat                         Management believes that there                      is no
         penurunan nilai atas aset tak berwujud pada                        impairment on intangible assets                     as at
         tanggal 31 Desember 2024 dan 2023.                                 December 31, 2024 and 2023.




                                                          - 108 -
Page 599
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)


15. Aset Lain-lain                                                  15. Other Assets

                                                   2024                 2023

    Rupiah:                                                                          Rupiah:
    Agunan yang diambil alih - neto                1.799.895             2.503.459   Foreclosed assets - net
    Uang muka                                      1.059.363               772.143   Advance payments
    Biaya dibayar dimuka                             486.954               504.548   Prepaid expenses
    Bunga masih akan diterima                        364.123               264.748   Accrued interest
    Setoran jaminan                                   99.835                98.972   Guarantee deposit
    Tagihan terkait dengan                                                           Receivables relating to
        transaksi kartu kredit dan ATM                                                 credit card and ATM
        - neto                                        76.117                66.328     transactions - net
    Pendapatan masih akan diterima                    33.405                 8.128   Accrued revenue
    Piranti lunak dalam pengembangan                   8.069                33.267   Softwares in development
    Pembiayaan transaksi perdagangan                       -               141.159   Trade financing
    Lain-lain - neto                               1.611.353             1.655.982   Others - net

    Sub-total                                      5.539.114             6.048.734 Sub-total

    Dolar Amerika Serikat:                                                        United States Dollar:
    Bunga masih akan diterima                         52.432               19.613 Accrued interest
    Biaya dibayar di muka                                111                  106 Prepaid expenses

    Sub-total                                         52.543               19.719 Sub-total

    Total                                          5.591.657             6.068.453 Total


    Pembiayaan transaksi perdagangan terdiri dari                      Trade financing consists of trade UPAS, flexy gas,
    tagihan perdagangan UPAS, tagihan flexy gas, flexy                 flexy bill, flexy health, and trade invoice financing.
    bill dan flexy health, serta tagihan invoice financing.            With these facilities, debtors can receive short term
    Dengan fasilitas ini debitur dapat memperoleh                      financing from the Group by using its invoices to
    pembiayaan jangka pendek dari Grup dengan                          customer as collateral to Bank, and debtors have
    menjaminkan tagihan pelanggan kepada Bank, dan                     the options to repay the financing by themselves or
    debitur dapat memilih untuk melunasi pinjaman                      the Group can collect the amount required from the
    tersebut sendiri atau Grup yang akan menagih                       customers. The Group has only started these
    kepada pelanggan. Fasilitas pembiayaan ini mulai                   financing facilities in 2019.
    dilaksanakan Grup pada tahun 2019.

    Biaya dibayar di muka sebagian besar terdiri atas                  Prepaid expenses consist mainly of prepaid building
    biaya-biaya sewa gedung, rumah, kendaraan,                         rent, housing rent, car rent, office equipment rent
    peralatan kantor dan asuransi.                                     and insurance.

    Agunan yang diambil alih merupakan agunan yang                     Foreclosed assets consist of collaterals which were
    diambil alih oleh Grup sehubungan dengan                           acquired by the Group in the settlement of loans in
    penyelesaian kredit yang terdiri atas tanah,                       form of lands, buildings, vehicles, and others.
    bangunan, kendaraan, dan lain-lain.

    Nilai wajar agunan yang diambil alih masing-masing                 Fair value of foreclosed assets amounting to
    sebesar Rp1.799.895 dan Rp2.503.459, per tanggal                   Rp1,799,895 and Rp2,503,459, as at December 31,
    31 Desember 2024 dan 2023.                                         2024 and 2023, respectively.

    Kolektibilitas agunan yang diambil alih sesuai                     Collectibility of foreclosed collaterals in accordance
    dengan Peraturan Otoritas Jasa Keuangan                            with Financial Services Authority Regulations are
    diungkapkan pada Catatan 55i.                                      disclosed in Note 55i.

    Perubahan cadangan kerugian untuk agunan yang                      The movements in allowance for losses              on
    diambil alih adalah sebagai berikut:                               foreclosed assets were as follows:




                                                          - 109 -
Page 600
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


15. Aset Lain-lain (lanjutan)                                    15. Other Assets (continued)
                                                2024                  2023

    Saldo awal                                    231.669                34.158 Begining balance
    Beban selama tahun berjalan                   669.866               197.511 Provision during the year

    Saldo akhir                                   901.535               231.669 Ending balance


    Uang muka terdiri dari uang muka yang dikeluarkan                Advance payments consist of payments which relate
    sehubungan dengan pembukaan cabang-cabang                        to the opening of new branch offices, branch
    baru, relokasi cabang, renovasi gedung kantor, dan               relocation, office building renovation, and other
    uang muka biaya lain-lain.                                       advance payments.

    Pendapatan masih akan diterima merupakan                         Accrued revenue represents fees from third parties
    pendapatan yang berasal dari penerimaan imbalan                  for electricity, water, telephone, tax, and other
    dari pihak ketiga atas pembayaran listrik, air,                  payments made through the Group.
    telepon, pajak, dan lain-lain melalui Grup.

    Setoran jaminan terdiri dari setoran yang diberikan              Guarantee deposits consist of Group’s payment to
    Grup kepada pihak ketiga sebagai jaminan atas                    third parties as collateral on services or license that
    pemakaian jasa atau perizinan yang diberikan oleh                is delivered by third parties.
    pihak ketiga.


16. Liabilitas Segera                                            16. Liabilities Immediately Payable

                                                2024                  2023

    Pihak ketiga                                                                 Third parties
    Rupiah:                                                                      Rupiah:
    Titipan pembayaran dari
        nasabah                                  206.931               193.272 Payments from customers
    Titipan pajak sebagai bank                                                 Tax collection received as
        persepsi                                   58.957               40.116   collecting bank
    Kiriman uang yang belum
        direalisasi                                38.444               58.017 Unsettled money transfer
    Deposit pembukaan rekening                         31                    3 Deposit for opening accounts
    Lain-lain                                      66.635              136.965 Others

    Sub-total                                    370.998               428.373 Sub-total

    Mata uang asing:                                                             Foreign currencies:
    Kiriman uang yang
        belum direalisasi                          30.059                 2.542 Unsettled money transfer
    Lain-lain                                         206                   487 Others

    Sub-total                                      30.265                 3.029 Sub-total

    Total                                        401.263               431.402 Total


    Titipan pembayaran dari nasabah terdiri dari                     Payments from customers consist of payments to
    pembayaran kepada beberapa rekanan payment                       several payment points partners.
    point.

    Lain-lain terdiri dari deposito berjangka yang telah             Others consist of matured time deposits, matured
    jatuh tempo, setoran jaminan jatuh tempo dan lain-               guarantee deposits and others.
    lain.




                                                       - 110 -
Page 601
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


17. Giro                                                         17. Demand Deposits

    a.   Berdasarkan pihak                                          a.     By counterparties
                                                2024                 2023

         Pihak berelasi (Catatan 38)                                               Related parties (Note 38)
         Rupiah                                      2.552                   3.080 Rupiah
         Mata uang asing                               651                   6.014 Foreign currencies

         Sub-total                                   3.203                   9.094 Sub-total

         Pihak ketiga                                                              Third parties
         Rupiah                                 5.460.158                2.723.031 Rupiah
         Mata uang asing                          825.887                  445.523 Foreign currencies

         Sub-total                              6.286.045                3.168.554 Sub-total

         Total                                  6.289.248                3.177.648 Total


         Pada tanggal 31 Desember 2024 dan 2023 giro                       As at December 31, 2024 and 2023, demand
         yang berdasarkan pada prinsip perbankan                           deposits under sharia banking principles
         syariah masing-masing sebesar Rp780.039 dan                       amounted to Rp780,039 and Rp459,743,
         Rp459.743.                                                        respectively.

           Giro yang dijadikan sebagai jaminan atau                        Demand deposits amounting to Rp4,231,494
           diblokir oleh Bank pada tanggal 31 Desember                     and Rp753,970, are pledged as collateral or
           2024 dan 2023, masing-masing sebesar                            blocked by the Bank as at December 31, 2024
           Rp4.231.494 dan Rp753.970.                                      and 2023, respectively.

           Giro yang berdasarkan pada prinsip perbankan                    Demand deposits under sharia banking
           syariah yang dijadikan sebagai jaminan atas                     principles which used as collateral for sharia
           pembiayaan/piutang syariah kepada beberapa                      financing/receivables granted to debtors as at
           debitur pada tanggal 31 Desember 2024 dan                       December 31, 2024 and 2023, amounting to
           2023, masing-masing sebesar Rp114.521 dan                       Rp114,521 and Rp58,280, respectively.
           Rp58.280.
    b.   Berdasarkan mata uang                                      b.     By currency
                                                2024                 2023

         Rupiah                                 5.462.710                2.726.111 Rupiah

         Mata uang asing:                                                           Foreign currencies:
         Dolar Amerika Serikat                    795.206                 417.845   United States Dollar
         Yen Jepang                                30.434                  32.241   Japanese Yen
         Dolar Australia                              405                     432   Australian Dollar
         Euro Eropa                                   246                     262   European Euro
         Dolar Singapura                              216                     722   Singapore Dollar
         Poundsterling Inggris                         31                      35   Great Britain Poundsterling

                                                  826.538                 451.537

         Total                                  6.289.248                3.177.648 Total


    c.     Tingkat bunga rata-rata per tahun                        c.     Average annual interest rates

         Giro dalam mata uang asing terdiri dari Dolar                     Demand deposits in foreign currencies consist
         Amerika Serikat, Yen Jepang, Dolar Australia,                     of United States Dollar, Japanese Yen,
         Euro Eropa, Dolar Singapura dan Poundsterling                     Australian Dollar, European Euro, Singapore
         Inggris.                                                          Dollar and Great Britain Poundsterling.




                                                       - 111 -
Page 602
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


17. Giro (lanjutan)                                               17. Demand Deposits (continued)

    c.   Tingkat bunga rata-rata per tahun (lanjutan)                c.       Average annual interest rates (continued)

         Suku bunga rata-rata tertimbang setahun untuk                        The weighted average of interest rate per
         Giro adalah sebagai berikut:                                         annum for Demand deposits are as follows:
                                               2024                   2023

                                                %                         %
         Rupiah                                       0,12                      0,12 Rupiah
         Mata uang asing:                                                              Foreign currencies:
         Dolar Singapura                              1,00                      0,85   Singapore Dollar
         Poundsterling Inggris                        0,25                      0,25   Great Britain Poundsterling
         Dolar Amerika Serikat                        0,10                      0,10   United States Dollar
         Euro Eropa                                   0,10                      0,09   European Euro
         Dolar Australia                              0,01                      0,03   Australian Dollar
         Yen Jepang                                   0,01                      0,03   Japanese Yen


18. Tabungan                                                      18. Savings Deposits
    a.   Berdasarkan pihak                                           a.       By counterparties
                                               2024                   2023

         Pihak berelasi (Catatan 38)                                                 Related parties (Note 38)
         Rupiah:                                                                     Rupiah:
         SiAga                                      44.958                    18.130 SiAga

         Mata uang asing:                                                           Foreign currencies:
         SiAga                                        302                       361 SiAga

                                                    45.260                    18.491

         Pihak ketiga                                                                  Third parties
         Rupiah:                                                                       Rupiah:
         SiAga                                 5.883.512               6.012.162       SiAga
         Mudharabah                              356.915                 228.658       Mudharabah
         Wadiah                                  248.387                 249.284       Wadiah
         Kerjasama                               196.050                 206.692       Kerjasama
         Lain-lain                               103.788                 104.545       Others

         Mata uang asing:                                                            Foreign currencies:
         SiAga                                      81.590                    53.352 SiAga

                                               6.870.242               6.854.693

         Total                                 6.915.502               6.873.184 Total


         Pada tanggal 31 Desember 2024 dan 2023,                              As at December 31, 2024 and 2023, savings
         tabungan yang berdasarkan pada prinsip                               deposits under sharia banking principles
         perbankan syariah adalah sebesar Rp607.224                           amounted to Rp607,224 and Rp477,942,
         dan Rp477.942.                                                       respectively.

         Adapun pos tabungan lain-lain terdiri atas                           Savings-Others consist of some products such
         produk Tabungan Simple, Tabungan Wokee,                              as Tabungan Simple, Tabungan Wokee,
         Tabungan Haji dan Tabunganku.                                        Tabungan Haji and Tabunganku.

         Tabungan yang dijadikan sebagai jaminan atau                         Savings deposits which used as collateral or
         diblokir oleh Bank pada tanggal 31 Desember                          blocked by the Bank as at December 31, 2024
         2024 dan 2023, masing-masing sebesar                                 and 2023, amounted to Rp2,727,260 and
         Rp2.727.260 dan Rp2.119.864.                                         Rp2,119,864, respectively.




                                                        - 112 -
Page 603
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


18. Tabungan (lanjutan)                                          18. Savings Deposits (continued)

    a.   Berdasarkan pihak (lanjutan)                               a.       By counterparties (continued)

         Tabungan yang berdasarkan pada prinsip                              Savings deposits under sharia banking
         perbankan syariah yang dijadikan sebagai                            principles which used as collateral to sharia
         jaminan atas pembiayaan/piutang syariah                             financing/receivables granted to debtors as at
         kepada beberapa debitur pada tanggal 31                             December 31, 2024 and 2023, amounted to
         Desember 2024 dan 2023, masing-masing                               Rp10,638 and Rp17,305, respectively.
         sebesar Rp10.638 dan Rp17.305.

    b.   Berdasarkan mata uang                                      b.       By currency
                                               2024                  2023

         Rupiah                                6.833.610              6.819.471 Rupiah

         Mata uang asing:                                                             Foreign currencies:
         Dolar Amerika Serikat                      80.993                   51.876   United States Dollar
         Dolar Australia                               322                      319   Australian Dollar
         Euro Eropa                                    237                    1.087   European Euro
         Dolar Singapura                               234                      210   Singapore Dollar
         Yen Jepang                                     99                      214   Japanese Yen
         Poundsterling Inggris                           7                        7   Great Britain Poundsterling

         Sub-total                                  81.892                   53.713 Sub-total

         Total                                 6.915.502              6.873.184 Total



    c.   Tingkat bunga rata-rata per tahun                          c.       Average annual interest rates

         Tabungan dalam mata uang asing terdiri dari                         Saving deposits in foreign currencies consist of
         Dolar Amerika Serikat, Dolar Australia,                             United States Dollar, Australian Dollar, Great
         Poundsterling Inggris, Euro Eropa, Dolar                            Britain  Poundsterling,     European      Euro,
         Singapura dan Yen Jepang.                                           Singapore Dollar and Japanese Yen.

         Suku bunga rata-rata tertimbang setahun untuk                       The weighted average of interest rate per
         tabungan adalah sebagai berikut:                                    annum for saving deposits are as follows:

                                               2024                  2023

                                                %                        %
         Rupiah                                       0,28                     0,16 Rupiah

         Mata uang asing:                                                             Foreign currencies:
         Dolar Singapura                              1,00                     1,00   Singapore Dollar
         Poundsterling Inggris                        0,25                     0,25   Great Britain Poundsterling
         Dolar Amerika Serikat                        0,06                     0,06   United States Dollar
         Euro Eropa                                   0,10                     0,08   European Euro
         Dolar Australia                              0,01                     0,26   Australian Dollar
         Yen Jepang                                   0,01                     0,01   Japanese Yen



19. Deposito Berjangka                                           19. Time Deposits

    a.   Berdasarkan pihak                                          a.       By counterparties
                                               2024                  2023

         Pihak berelasi (Catatan 38)                                                Related parties (Note 38)
         Rupiah                                     42.412                   38.129 Rupiah
         Mata uang asing                                 -                    2.182 Foreign currencies

                                                    42.412                   40.311




                                                       - 113 -
Page 604
PT BANK KB BUKOPIN TBK                                                                           PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                         AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                   Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                              For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                    (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                           otherwise stated)
lain)


19. Deposito Berjangka (lanjutan)                                        19. Time Deposits (continued)

    a.   Berdasarkan pihak (lanjutan)                                       a.   By counterparties (continued)

                                                       2024                  2023

         Pihak ketiga                                                                   Third parties
         Rupiah                                       30.441.972             31.206.482 Rupiah
         Mata uang asing                               2.904.024              3.491.518 Foreign currencies

                                                      33.345.996             34.698.000

         Total                                        33.388.408             34.738.311 Total


         Pada tanggal 31 Desember 2024 dan 2023,                                 As at December 31, 2024 and 2023, time
         deposito berjangka yang berdasarkan pada                                deposits under sharia banking principles
         prinsip perbankan syariah masing-masing                                 amounted to Rp5,124,920 and Rp5,068,360,
         sebesar Rp5.124.920 dan Rp5.068.360.                                    respectively.

         Deposito berjangka yang dijadikan sebagai                               Time deposits which used as collateral or
         jaminan atau diblokir oleh Bank pada tanggal                            blocked by the Bank as at December 31, 2024
         31 Desember 2024 dan 2023, masing-masing                                and 2023, amounted to Rp746,766 and
         sebesar Rp746.766 dan Rp1.035.272.                                      Rp1,035,272, respectively.

         Deposito berjangka yang berdasarkan pada                                Time deposits under sharia banking principles
         prinsip perbankan syariah yang dijadikan                                which used as collateral to sharia financing/
         sebagai jaminan atas pembiayaan/piutang                                 receivables granted to debtors as at December
         syariah kepada beberapa debitur pada tanggal                            31, 2024 and 2023, amounted to Rp213.364
         31 Desember 2024 dan 2023, masing-masing
                                                                                 and Rp125,717, respectively.
         sebesar Rp213.364 dan Rp125.717.

    b.   Berdasarkan mata uang                                              b.   By currency
                                                       2024                  2023

         Rupiah                                       30.484.384             31.244.611 Rupiah

         Mata uang asing:                                                                 Foreign currencies:
         Dolar Amerika Serikat                         2.900.193              3.489.847   United States Dollar
         Euro Eropa                                        2.337                  2.376   European Euro
         Dolar Australia                                     801                    842   Australian Dollar
         Dolar Singapura                                     693                    635   Singapore Dollar

         Sub-total                                     2.904.024              3.493.700 Sub-total

         Total                                        33.388.408             34.738.311 Total



    c.   Tingkat   bunga    rata-rata per               tahun               c.   Average annual interest rate by contract
         berdasarkan periode penempatan                                          period
                            Tingkat bunga rata-rata per tahun (%)/
                            Average interest rates per annum (%)            Nilai nominal/Nominal value

                                   2024                2023                   2024                 2023

                                    %                   %
         Rupiah:                                                                                               Rupiah:
         1 bulan                          3,43                3,34            8.459.305            8.641.175   1 month
         3 bulan                          4,22                3,76           11.236.850            8.964.456   3 months
         6 bulan                          4,59                3,97            6.509.348            7.750.899   6 months
         12 bulan                         4,61                4,00            4.278.881            5.888.081   12 months

                                                                             30.484.384           31.244.611




                                                               - 114 -
Page 605
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)


19. Deposito Berjangka (lanjutan)                              19. Time Deposits (continued)

    c.   Tingkat   bunga    rata-rata per      tahun              c.     Average annual interest rate by contract
         berdasarkan periode penempatan                                  period
         Mata uang asing:                                                                              Foreign currencies:
         1 bulan                       2,69          0,02              1.167.366            990.041    1 month
         3 bulan                       2,92          0,03                604.989          1.592.250    3 months
         6 bulan                       3,03          0,04                146.668            120.453    6 months
         12 bulan                      3,18          0,05                985.001            790.956    12 months

                                                                       2.904.024          3.493.700

         Total                                                     33.388.408            34.738.311    Total



    d.   Berdasarkan sisa umur sampai dengan                      d.     By remaining period to maturity
         jatuh tempo
                                              2024                 2023

         Rupiah:                                                                   Rupiah:
         Kurang dari 1 bulan                  12.905.002           12.969.924      Less than a month
         1 - 3 bulan                          10.965.599            9.384.799      1 - 3 months
         3 - 6 bulan                           4.826.746            6.829.733      3 - 6 months
         6 - 12 bulan                          1.787.037            2.060.155      6 - 12 months

                                              30.484.384           31.244.611

         Mata uang asing:                                                          Foreign currencies:
         Kurang dari 1 bulan                   1.730.983            1.022.486      Less than a month
         1 - 3 bulan                             418.402            1.653.199      1 - 3 months
         3 - 6 bulan                              37.665              157.656      3 - 6 months
         6 - 12 bulan                            716.974              660.359      6 - 12 months

                                               2.904.024            3.493.700
         Total                                33.388.408           34.738.311 Total




20. Simpanan Dari Bank Lain                                    20. Deposits From Other Banks

    a.   Berdasarkan mata uang dan jenis                          a.     By currency and type

                                              2024                 2023

         Pihak berelasi (Catatan 38)                                          Related parties (Note 38)
         Rupiah:                                                              Rupiah:
           Giro                                  38.879                   913   Demand deposits
         Dolar Amerika Serikat:                                               United States Dollar:
           Interbank call money                2.671.770            7.698.500   Interbank call money

         Sub-total                             2.710.649            7.699.413 Sub-total

         Pihak ketiga                                                              Third parties
         Rupiah:                                                                   Rupiah:
           Interbank call money                  90.000                 130.000      Interbank call money
           Giro                                  32.724                  14.048      Demand deposits
           Deposito berjangka                    25.600                  21.200      Time deposits
           Tabungan                              22.213                  22.060      Savings deposits

         Sub-total                              170.537                 187.308 Sub-total

         Total                                 2.881.186            7.886.721 Total




                                                     - 115 -
Page 606
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)


20. Simpanan Dari Bank Lain (lanjutan)                          20. Deposits From Other Banks (continued)

    a.   Berdasarkan mata uang dan jenis (lanjutan)                a.       By currency and type (continued)

         Pada tanggal 31 Desember 2024 dan 2023,                            As at December 31, 2024 and 2023, deposits
         terdapat simpanan dari bank lain yang                              from other banks under sharia banking
         berdasarkan pada prinsip perbankan syariah                         principles amounted to Rp107,166 and
         masing-masing sebesar Rp107.166 dan                                Rp180,553, respectively.
         Rp180.553.

         Pada tanggal 31 Desember 2024 dan 2023,                            As at December 31, 2024 and 2023, there were
         tidak terdapat simpanan dari Bank lain yang                        no deposits from other Banks which used
         dijadikan sebagai jaminan atau diblokir oleh                       collateral or blocked by the Bank.
         Bank.

    b.   Tingkat bunga rata-rata per tahun                         b.       Average annual interest rates
                                              2024                  2023

                                               %                        %
         Rupiah:                                                                     Rupiah:
         Deposito berjangka                          3,75                     3,55   Time deposits
         Interbank call money                        6,59                     0,48   Interbank call money
         Tabungan                                    1,20                     1,19   Savings deposits
         Giro                                        0,90                     0,80   Demand deposits

         Mata uang asing:                                                          Foreign currencies:
         Interbank call money                        4,91                     5,36 Interbank call money
         Deposito berjangka                          0,00                     0,00 Time deposits
         Giro                                        0,00                     0,00 Demand deposits

    c.   Berdasarkan sisa umur sampai dengan saat                  c.       Based on their remaining period to maturity
         jatuh tempo
                                              2024                  2023

         Rupiah:                                                                Rupiah:
         Kurang dari 1 bulan                    199.416                 179.221 Less than a month
         1 bulan - 3 bulan                            -                   8.000 1 month - 3 months
         3 bulan - 12 bulan                      10.000                   1.000 3 months - 12 months

                                                209.416                 188.221

         Dolar Amerika Serikat:                                                United States Dollar:
         Kurang dari 1 bulan                  2.671.770              4.465.130 Less than a month
         1 bulan - 3 bulan                            -              3.233.370 1 month - 3 months

                                              2.671.770              7.698.500

         Total                                2.881.816              7.886.721 Total



21. Pajak Penghasilan                                           21. Income Tax

    a.   Utang pajak                                               a.       Taxes payable

                                              2024                  2023

         Pajak penghasilan:                                                        Income tax:
             Pasal 23 dan 4(2)                     46.685                   38.148    Articles 23 and 4(2)
             Pasal 26                              10.781                   12.786    Article 26
             Pasal 21                               2.150                    7.670    Article 21
         Pajak pertambahan nilai                    1.278                    6.006 Value added tax
         Lain-lain                                      9                       25 Other

         Total                                     60.903                   64.635 Total




                                                      - 116 -
Page 607
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


21. Pajak Penghasilan                                            21. Income Tax

    b.   Beban pajak penghasilan                                    b.    Income tax expense
                                               2024                  2023

         Beban pajak kini - Bank                          -                     - Current tax expense - Bank
         Beban pajak kini -                                                       Current tax expense -
           entitas anak                            (3.159)                      -   subsidiaries

         Total beban pajak kini                    (3.159)                     - Total current tax expense
         Manfaat pajak                                                           Deferred tax benefit
           tangguhan - bank                    (1.417.050)               702.789   - bank
         Manfaat pajak tangguhan                                                 Deferred tax benefit
              - entitas anak                       (4.191)                28.895   - subsidiaries

         Total manfaat pajak tangguhan         (1.421.241)               731.684 Total deferred tax benefit

         Total Manfaat (beban) Pajak                                                 Total Current Year
           Tahun Berjalan                      (1.424.400)               731.684       Tax Benefit (expense)


         Rekonsiliasi antara beban pajak penghasilan                      The reconciliation between income tax expense
         dengan hasil perkalian rugi akuntansi sebelum                    and the loss before income tax multiplied by the
         pajak penghasilan menggunakan tarif yang                         enacted tax rate is as follows:
         berlaku adalah sebagai berikut:
                                               2024                  2023

         Rugi sebelum beban pajak                                                Loss before income tax
            penghasilan dalam laporan                                              expense in the consolidated
            laba rugi dan penghasilan                                              statement of profit or loss
            komprehensif lain                                                      and other comprehensive
            konsolidasian                      (4.904.220)           (6.787.387)   income
         Bagian laba (rugi) bersih                                               Net income (loss) of
            entitas anak                       (1.057.532)              573.817    subsidaries

         Rugi sebelum pajak                                                          Loss before
            penghasilan - bank                 (5.961.752)          (6.213.570)        income tax - bank

         Manfaat pajak sesuai                                                        Tax benefit based on
            tarif pajak yang berlaku           (1.311.586)           (1.366.985)       applicable tax rate
         Biaya-biaya yang tidak
            dapat dikurangkan                     236.917                 11.976 Non-deductible expenses
         Pendapatan dari investasi                                                Income from mutual fund
            reksadana yang tidak                                                     investment
            dikenakan pajak                        (1.136)                  (566)    exempted from tax
         Penyesuaian atas manfaat                                                 Adjustment in deferred
            pajak tangguhan                        14.644                 34.666     tax benefit
         Perubahan pajak tangguhan                                                Change in unrecognized
            yang tidak diakui                   2.478.211                618.121     deffered tax

                                                1.417.050                (702.789)
         Beban (manfaat)                                                           Tax expense (benefits)
            pajak entitas anak                                                       of subsidiaries
            Kini                                     3.159                      -    Current
            Tangguhan                                4.191                (28.895)   Deferred

                                                     7.350                (28.895)

         Manfaat (beban) pajak                                                       Income (expense) tax
           Penghasilan - neto                   1.424.400                (731.684)     benefit - net


         Rekonsiliasi antara rugi sebelum beban pajak                     The reconciliation between loss before income
         penghasilan, seperti yang disajikan dalam                        tax expense, as shown in the consolidated
         laporan     laba     rugi   dan    penghasilan                   statement of profit or loss and other
         komprehensif lain konsolidasian dengan                           comprehensive income and estimated fiscal
         taksiran rugi fiskal pada tanggal 31 Desember                    loss as at December 31, 2024 and 2023, are
         2024 dan 2023 adalah sebagai berikut:                            as follows:


                                                       - 117 -
Page 608
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


21. Pajak Penghasilan (lanjutan)                                 21. Income Tax (continued)

    b.   Beban pajak penghasilan (lanjutan)                         b.    Income tax expense (continued)
                                              2024                   2023

         Rugi sebelum beban pajak                                                Loss before income tax
           penghasilan dalam laporan                                               expense in the consolidated
           laba rugi dan penghasilan                                               statement of profit or loss
           komprehensif lain                                                       and other comprehensive
           konsolidasian                      (4.904.220)            (6.787.387)   income
         Bagian laba (rugi) bersih                                               Net income (expense) of
           entitas anak                       (1.057.532)               573.817    subsidaries

         Rugi sebelum pajak                                                         Loss before
           penghasilan - bank                 (5.961.752)            (6.213.570)      income tax - bank

         Perbedaan tetap:                                                         Permanent differences:
           Representasi                              5.102                 3.707    Representations
           Sumbangan dan hadiah                      1.146                 3.500    Donations and gifts
           Aktivitas karyawan                            -                   250    Employee activities
           Reksadana yang tidak                                                     Investment exempted
             dikenakan pajak                     (5.167)                  (2.576)      from tax
           Lain-lain                          1.070.646                   46.978    Others

         Total perbedaan tetap                1.071.727                   51.859 Total permanent differences
         Perbedaan waktu:                                                        Timing differences:
                                                                                   Provision (reversal of
           Cadangan kerugian                                                          allowance) for
             (pembalikan cadangan):                                                impairment losses on:
             Kredit yang diberikan
                dan piutang                   (1.551.811)             2.528.696       Loans and receivables
           Penyusutan aset tetap                  24.220                 11.221       Depreciation of fixed assets
           Beban untuk                                                                Employee service
                kesejahteraan karyawan          (10.655)                 (15.103)        entitlements expense
           Cadangan bonus                        21.240                   19.326      Bonus allowance
           Cadangan kerugian                                                          Allowance for
             penurunan nilai asset                                                       impairment losses
             yang diambil alih                  668.786                  204.873         - foreclosed asset
           Cadangan kerugian                                                          Allowance for
             penurunan                                                                   Impairment losses
             nilai flexy pay                             -                51.597         of flexy pay
           Lain-lain                                 1.979               (23.771)     Others

         Total perbedaan waktu                 (846.241)              2.776.839 Total timing differences

         Rugi fiskal                          (5.736.266)            (3.384.872) Fiscal loss


         Kompensasi rugi fiskal yang kemungkinan                          The fiscal loss compensation that may
         dapat    dimanfaatkan    untuk  mengurangi                       potentially be utilized to reduce taxable income
         penghasilan kena pajak pada masa mendatang                       in the future is as follows:
         adalah sebagai berikut:
                                              2024                   2023

                                                                                    Fiscal loss compensation
         Kompensasi rugi fiskal                                                        carry forward
           2020                                 369.207                 601.702        2022
           2021                                 473.934               1.969.238        2022
           2022                                 581.934               3.313.868        2022
           2023                                 943.056               3.929.538        2023
           2024                               1.917.883                       -        2024

         Total                                4.286.014               9.814.346 Total




                                                       - 118 -
Page 609
PT BANK KB BUKOPIN TBK                                                                             PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                           AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                     Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                      (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                             otherwise stated)
lain)


21. Pajak Penghasilan (lanjutan)                                          21. Income Tax (continued)

    b.    Beban pajak penghasilan (lanjutan)                                  b.        Income tax expense (continued)

          Pada tanggal 31 Desember 2024 dan 2023,                                       As at December 31, 2024, and 2023, the Bank
          Bank tidak mengakui aset pajak tangguhan                                      did not provide deferred tax asset amounted to
          masing-masing sebesar Rp3.034.040 dan                                         Rp3,034,040 and Rp618,121, respectively,
          Rp618.121 yang berasal dari rugi fiskal                                       originating from the Company's fiscal loss of
          Perusahaan sebesar Rp13.791.092 dan                                           Rp13,791,092      and     Rp2,809,640.      The
          Rp2.809.640 karena manajemen Perusahaan                                       Company’s management believes that these
          berkeyakinan aset pajak tangguhan tersebut                                    deferred tax assets will not be realizable. The
          tidak akan dapat digunakan. Rugi fiskal                                       Company's fiscal loss will expire in 2029 and
          Perusahaan akan kadaluwarsa di tahun 2029                                     2028.
          dan 2028.

          Rugi fiskal Bank hasil rekonsiliasi di atas telah                             The Bank’s fiscal loss, after reconciliation, has
          sesuai dengan SPT Tahunan PPh Badan untuk                                     been agreed upon in the Bank’s Corporate
          pelaporan SPT tahun buku 2024 dan 2023.                                       Annual Tax Return for the fiscal years 2024 and
                                                                                        2023.

          Pengaruh pajak tangguhan atas beda waktu                                      The tax effects of significant temporary
          yang signifikan antara pelaporan komersial dan                                differences between commercial reporting and
          perpajakan adalah sebagai berikut:                                            tax purposes are as follows:

    c.    Aset (liabilitas) pajak tangguhan                                   c.        Deferred tax assets (liabilities)

                                        Saldo        (Dibebankan)                         Penyesuaian         Saldo
                                         Awal         Dikreditkan                              saldo          Akhir
                                      1 Januari/      ke Laporan                            aset pajak    31 Desember/
                                      Beginning       Laba Rugi/      Dikreditkan          tangguhan/        Ending
                                       Balance         (Charged)      ke Ekuitas/            Deferred        Balance
                                      January 1,        Credit to      Credited              tax asset    December 31,
                                         2024        Profit or Loss    to equity           adjustment         2024

         Aset pajak tangguhan                                                                                                Deferred tax assets
         Liabilitas Imbalan                                                                                                  Post-employee
            kerja                          21.136           (2.344)          2.916                   -           21.708         benefit liability
         Cadangan kerugian                                                                                                   Allowance for
            Kartu kredit                    4.749           (1.444)                 -                -            3.305         credit card
         Rugi fiskal                    2.159.154       (1.216.232)                 -                -          942.922      Fiscal loss
         Cadangan kerugian
            penurunan nilai                                                                                                  Allowance for impairment
            asset yang diambil alih        45.072         147.133                   -                -          192.205         losses of foreclosed asset
         Cadangan kerugian                                                                                                   Allowance for
            penurunan nilai                                                                                                     impairment losses
            kredit yang diberikan                                                                                               on loans financial
            dan pembiayaan/                                                                                                     assets and sharia
            piutang syariah               341.398         (341.398)                 -                -                   -      financing/receivable
         Keuntungan dari                                                                                                     Unrealizd on
            perubahan nilai                                                                                                     change in fair value
            atas instrumen                                                                                                      of debt instrument
            pada nilai wajar                                                                                                    through
            melalui penghasilan                                                                                                 comprehensive
            komprehensif lain              (2.133)                -          6.124                   -            3.991         income
         Lain-lain                         20.903           10.610               -               3.125           34.638      Other

         Aset pajak tangguhan           2.590.279       (1.403.675)          9.040               3.125        1.198.769      Deferred tax assets

         Liabilitas pajak
            tangguhan                                                                                                        Deferred tax liabilities
         Penyusutan aset                                                                                                     Depreciation of
            tetap                           6.269            5.328                  -          (17.769)          (6.172)       fixed assets
         Amortisasi goodwill              (37.732)          (4.059)                 -                -          (41.791)     Goodwill amortization

         Liabilitas pajak                                                                                                    Deferred tax
            tangguhan                     (31.463)           1.269                  -          (17.769)         (47.963)       liabilities

         Aset pajak tangguhan -                                                                                              Deferred tax assets -
           Bank - neto                  2.558.816       (1.402.406)          9.040             (14.644)       1.150.806        Bank - net
         Aset pajak tangguhan -                                                                                              Deferred tax assets -
           entitas anak - neto            111.727           (4.191)            219                   -          107.755        subsidiaries - net

         Total                          2.670.543       (1.406.597)          9.259             (14.644)       1.258.561      Total




                                                                - 119 -
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PT BANK KB BUKOPIN TBK                                                                               PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                             AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                       Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                  For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                        (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                               otherwise stated)
lain)



21. Pajak Penghasilan (lanjutan)                                            21. Income Tax (continued)

    c.    Aset (liabilitas) pajak tangguhan (lanjutan)                          c.        Deferred tax assets (liabilities) (continued)

          Pengaruh pajak tangguhan atas beda waktu                                        The tax effects of significant temporary
          yang signifikan antara pelaporan komersial dan                                  differences between commercial reporting and
          perpajakan adalah sebagai berikut:                                              tax purposes are as follows:
                                        Saldo          (Dibebankan)                         Penyesuaian         Saldo
                                         Awal           Dikreditkan                              saldo          Akhir
                                      1 Januari/        ke Laporan                            aset pajak    31 Desember/
                                      Beginning         Laba Rugi/      Dikreditkan          tangguhan/        Ending
                                       Balance           (Charged)      ke Ekuitas/            Deferred        Balance
                                      January 1,          Credit to      Credited              tax asset    December 31,
                                         2023          Profit or Loss    to equity           adjustment         2023

         Aset pajak tangguhan                                                                                                Deferred tax assets
         Liabilitas Imbalan                                                                                                  Post-employee
            kerja                          46.805             (3.323)         (1.415)            (20.931)          21.136        benefit liability
         Cadangan kerugian                                                                                                   Allowance for
            Kartu kredit                    5.791             (1.042)                 -                -            4.749        credit card
         Penyusutan aset                                                                                                     Depreciation of
            tetap                          17.535             2.469                              (13.735)           6.269        fixed assets
         Rugi fiskal                    2.032.604           126.550                   -                -        2.159.154    Fiscal loss
         Cadangan kerugian
            penurunan nilai                                                                                                  Allowance for impairment
            asset yang diambil alih                -          45.072                  -                -           45.072        losses of foreclosed asset
         Cadangan kerugian                                                                                                   Allowance for
            penurunan nilai                                                                                                      impairment losses
            kredit yang diberikan                                                                                                on loans financial
            dan pembiayaan/                                                                                                      assets and sharia
            piutang syariah              (214.915)          556.313                   -                -          341.398        financing/receivable
         Lain-lain                          5.428            15.475                   -                -           20.903    Other

         Aset pajak tangguhan           1.893.248           741.514           (1.415)            (34.666)       2.598.681    Deferred tax assets

         Liabilitas pajak
            tangguhan                                                                                                        Deferred tax liabilities
         Amortisasi goodwill              (33.673)            (4.059)                 -                -          (37.732)   Goodwill amortization
         Keuntungan dari                                                                                                     Unrealizd on
            perubahan nilai                                                                                                     change in fair value
            atas instrumen                                                                                                      of debt instrument
            pada nilai wajar                                                                                                    through
            melalui penghasilan                                                                                                 comprehensive
            komprehensif lain                (741)                  -         (1.392)                  -           (2.133)      income

         Liabilitas pajak                                                                                                    Deferred tax
            tangguhan                     (34.414)            (4.059)         (1.392)                  -          (39.865)      liabilities

         Aset pajak tangguhan -                                                                                              Deferred tax assets -
           Bank - neto                  1.858.834           737.455           (2.807)            (34.666)       2.558.816       Bank - net
         Aset pajak tangguhan -                                                                                              Deferred tax assets -
           entitas anak - neto             83.317             28.895            (485)                  -          111.727       subsidiaries - net

         Total                          1.942.151           766.350           (3.292)            (34.666)       2.670.543    Total




    d.    Administrasi                                                          d.        Administrative

           Undang-undang Perpajakan yang berlaku di                                       The taxation laws of Indonesia require that each
           Indonesia mengatur bahwa masing-masing                                         company in the Group within Indonesia submits
           entitas dalam Grup menghitung, menetapkan                                      individual tax returns on the basis of self-
           dan membayar sendiri besarnya jumlah pajak                                     assessment. Under prevailing regulations the
           yang terutang secara individu. Berdasarkan                                     Director General of Tax (DGT) may assess or
           peraturan perundang-undangan yang berlaku,                                     amend taxes within a certain period. This period
           Direktur   Jenderal  Pajak    (DJP)    dapat                                   is within five years of the time the tax becomes
           menetapkan atau mengubah jumlah pajak                                          due.
           terutang dalam jangka waktu tertentu. Jangka
           waktu tersebut adalah lima tahun sejak saat
           terutangnya pajak.




                                                                  - 120 -
Page 611
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


21. Pajak Penghasilan (lanjutan)                                  21. Income Tax (continued)

     e.   Pemeriksaan pajak                                           e. Tax assessments

          2018                                                           2018

          Pada tanggal 24 Agustus 2023 Bank menerima                     On August 24, 2023 the Bank received Tax
          Surat Ketetapan Pajak Kurang Bayar (SKPKB)                     Assessment Letter for Underpayment (SKPKB)
          atas PPh Badan sebesar Rp27.518, PPh 21                        on Corporate Income Tax of Rp27,518,
          sebesar Rp1.629, PPh 21 Final sebesar Rp314,                   Withholding Tax art 21 of Rp1,629, Withholding
          PPh 23 sebesar Rp169, PPh 26 sebesar Rp67,                     Tax art 21 Final of Rp314, Withholding Tax art
          PPh 4 ayat 2 sebesar Rp932, PPN sebesar                        23 of Rp169, Withholding Tax art 26 of Rp67,
          Rp9.071, Surat Tagihan Pajak (STP) PPN                         Withholding Tax art 4(2) of Rp932, VAT of
          sebesar Rp596.                                                 Rp9,071, Tax Assessment Letter (STP) VAT of
                                                                         Rp596.

          Pada tanggal 27 Oktober 2023 Bank                              On October 27, 2023, the Bank filed a tax
          mengajukan Keberatan pajak ke Kanwil Wajib                     objection to the Regional Office of Large
          Pajak Besar Satu Jakarta atas PPN AYDA                         Taxpayers One Jakarta on VAT of AYDA for
          sebesar Rp8.000.                                               Rp8,000.

          Pada tanggal 11 Juli 2024 permohonan                           On July 11, 2024, the Bank's Tax Objection
          Keberatan Pajak Bank ditolak oleh Kanwil Wajib                 request was rejected by the Regional Taxpayer
          Pajak Besar Satu Jakarta, Bank akan                            Office of Jakarta, the Bank will file a Tax Appeal
          mengajukan Banding Pajak di Pengadilan                         at the Tax Court.
          Pajak.

          Pada tanggal 4 Oktober 2024 Bank                               On October 4, 2024, the Bank filed a tax appeal
          mengajukan Banding pajak ke Pengadilan                         to the Tax Court on the VAT of AYDA
          Pajak atas PPN AYDA sebesar Rp8.000.                           amounting to Rp8,000. As of the date the
          Sampai dengan tanggal laporan keuangan                         consolidated   financial  statements       were
          konsolidasian diterbitkan, proses keberatan                    published, the objection process was still
          masih berlangsung.                                             ongoing.

          2019                                                           2019

          Pada bulan April 2021, Bank telah menerima                     On April 2021, the Bank has received SKP and
          SKP dan STP atas hasil pemeriksaan seluruh                     STP for the results of the examination of all
          jenis pajak (PPh Badan, Withholding Tax dan                    types of taxes (Corporate Income Tax,
          PPN) untuk tahun pajak 2019.                                   Withholding Tax and VAT) for the 2019 fiscal
                                                                         year.

          Pada tanggal 28 April 2021, Direktorat Jenderal                On April 28, 2021, the Directorate General of
          Pajak menerbitkan Surat Ketetapan Pajak Lebih                  Taxes issued an Overpayment Tax Assessment
          Bayar (SKPLB) atas lebih bayar PPN Dalam                       Letter (SKPLB) on the overpayment of
          Negeri masa Pajak 2019 sebesar Rp58.927.                       Domesctic VAT for the 2019 fiscal year
          Pemberian kelebihan pembayaran pajak                           amounting to Rp58,927. The tax overpayment
          tersebut diperhitungkan dengan utang pajak                     is calculated with the tax payable and/or taxes
          dan/atau pajak yang akan terutang sebesar                      that will be payable amounting to Rp23,843.
          Rp23.843. Pada tanggal 23 Agustus 2021 Bank                    On August 23, 2021 the Bank has received the
          telah menerima Lebih Bayar PPN Dalam Negeri                    Domestic VAT Overpayment amounted to
          sebesar Rp35.084.                                              Rp35,084.




                                                        - 121 -
Page 612
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)



21. Pajak Penghasilan (lanjutan)                                21. Income Tax (continued)

    e.   Pemeriksaan pajak (lanjutan)                              e.   Tax assessments (continued)

         2019 (lanjutan)                                                2019 (continued)
         Bank menerima Surat Ketetapan Pajak Kurang                     The Bank receives an Underpaid Tax
         Bayar (SKPKB) dan Surat Tagihan Pajak (STP)                    Assessment Letter (SKPKB) and a Tax
         atas Pajak Penghasilan (PPh) Pasal 21, Pasal                   Collection Letter (STP) on Income Tax (PPh)
         23, Pasal 26, Pasal 4 ayat 2, dan PPN untuk                    Article 21, Article 23, Article 26, Article 4
         tahun pajak 2019 dengan total keseluruhan                      paragraph 2, and VAT for the 2019 fiscal year
         sebesar Rp75.270. Bank tidak menyetujui dan                    with a total of Rp75,270. The Bank did not
         sedang mengajukan keberatan SKPKB atas                         approve and submitted an objection to the
         PPN sebesar Rp45.558. Seluruh SKPKB dan                        SKPKB on VAT amounted to Rp45,558. All
         STP, baik yang disetujui maupun yang tidak                     SKPKB and STP, both approved and
         disetujui telah dilunasi oleh Bank. Pembayaran                 disapproved, have been paid by the Bank.
         atas SKPKB yang diajukan Keberatan dicatat                     Payments for it, was recorded as Advanced
         sebagai Uang Muka. Sampai dengan tanggal                       payment. Until the date of these consolidated
         laporan keuangan konsolidasian diterbitkan,                    financial statements’ released, the objection is
         proses keberatan masih berlangsung.                            still ongoing.
         Pada tanggal 30 Juni 2022 permohonan                           On June 30, 2022, the Bank VAT Objection
         Keberatan PPN bank ditolak.                                    application is rejected.

         Pada tanggal 26 Agustus 2022 bank                              On August 26, 2022 the bank filed an appeal to
         mengajukan banding ke Pengadilan Pajak.                        the Tax Court. On August 8, 2023 the Bank's
         Pada tanggal 8 Agustus 2023 permohonan                         VAT appeal was granted by the panel of judges,
         Banding PPN Bank dikabulkan majelis hakim,                     on September 12, 2023 the Bank received a
         pada tanggal 12 September 2023 Bank telah                      refund of VAT on AYDA amounting to Rp45,818
         menerima pengembalian PPN AYDA sebesar                         and deductions were made from the 2018 Tax
         Rp45.818 dan dilakukan pemotongan atas                         Audit debt of Rp13,519.
         utang Pemeriksaan Pajak Tahun Pajak 2018
         sebesar Rp13.519.
         Pada tanggal 9 November 2023 DJP                               On November 9, 2023 the DGT filed a Judicial
         mengajukan Peninjauan Kembali ke Mahkamah                      Review to the Supreme Court. On June 14,
         Agung. Pada tanggal 14 Juni 2024 Mahkamah                      2024 the Supreme Court rejected the DGT's
         Agung menolak pengajuan Peninjauan Kembali                     reconsideration for the January, February,
         DJP untuk Masa Pajak Januari, Februari,                        March, April, May, July, August, September,
         Maret, April, Mei, Juli, Agustus, September,                   October, November and December tax periods,
         Oktober, November dan Desember, sedangkan                      while for the June tax period the Bank has not
         untuk masa pajak Juni Bank masih belum                         yet received the decision. The Bank has settled
         menerima putusan tersebut. Bank telah                          the tax advance payment for the dispute on
         menyelesaikan Uang Muka Pajak untuk                            December 23, 2024.
         sengketa tersebut pada 23 Desember 2024.
         2020                                                           2020

         Pada tanggal 22 April 2022 bank menerima                       On April 22, 2022 the Bank received SKPLB for
         SKPLB PPh Badan sebesar Rp15.160, SKPKB                        a corporate income tax amounted to Rp15,160,
         PPh 21 sebesar Rp545, SKPKB PPh 21 Final                       SKPKB Art 21 amounted to Rp545, SKPKB Art
         sebesar Rp428, SKPKB PPh 23 sebesar                            21 Final amounted to Rp428, SKPKB Art 23
         Rp2.127, SKPKB PPh 26 sebesar Rp680,                           amounted to Rp2,127, SKPKB Art 26 amounted
         SKPKB PPh Pasal 4(2) sebesar Rp734, SKPKB                      to Rp680, SKPKB Art 4(2) amounted to Rp734,
         PPN Dalam Negeri sebesar Rp22.031, SKPKB                       SKPKB VAT amounted to Rp22,031, SKPKB
         PPN Luar Negeri sebesar Rp48, dan STP PPN                      foreign VAT amounted to Rp48, and VAT STP
         Dalam Negeri sebesar Rp1.558.                                  amounted to Rp1,558.

         Pada 21 November 2023 Bank menerima                            On November 21, 2023 the Bank received a tax
         pengembalian      pajak   sebesar   Rp15.159                   refund amounting to Rp15,159, which was
         dikompensasikan untuk SKPKB dan STP                            deducted for SKPKB and STP amounted to
         sebesar Rp13.453, sehingga pengembalian                        Rp13,453, so that the tax refund received by
         pajak yang diterima bank sebesar Rp1.706.                      the bank amounted to Rp1,706.




                                                      - 122 -
Page 613
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)


21. Pajak Penghasilan (lanjutan)                                21. Income Tax (continued)

    e.   Pemeriksaan pajak (lanjutan)                              e.   Tax assessments (continued)
         2020 (lanjutan)                                                2020 (continued)

         Atas SKPKB PPN AYDA Bank mengajukan                            On the SKPKB VAT AYDA the Bank submitted
         keberatan sebesar Rp18.042, tanggal 21 Juni                    to tax objection amounting to Rp18,042, on
         2022. Pada tanggal 30 Desember 2022                            June 21, 2022. On December 30, 2022, the
         permohonan Keberatan PPN Bank ditolak.                         Bank VAT Objection application is rejected. On
         Pada tanggal 06 April 2023, Bank mengajukan                    April 06, 2023 the Bank submit it to appeal to
         banding ke Pengadilan Pajak.                                   Tax Court.

         Pada tanggal 17 Oktober 2023, permohonan                       On October 17, 2023, the Bank's appeal
         Banding Bank dikabulkan majelis hakim, pada                    request was granted by the panel of judges, on
         tanggal 23, 24 dan 27 November 2023. Bank                      November 23, 24 and 27, 2023. The Bank
         telah menerima pengembalian PPN AYDA                           received a refund of AYDA VAT amounting to
         sebesar Rp16.712 dan tanggal 1 Maret 2024                      Rp16,712 and on March 1, 2024 amounting to
         sebesar Rp1.328 dan dikompensasikan atas                       Rp1,328 and compensation for the Branch Tax
         utang Pajak Cabang sebesar Rp1,4.                              debt amounting to Rp1.4.

         Pada tanggal 23 Januari 2024 DJP mengajukan                    On January 23, 2024 the DGT filed a Judicial
         Peninjauan Kembali ke Mahkamah Agung,                          Review to the Supreme Court, On July 24, 2024
         pada tanggal 24 Juli 2024, 02 Oktober 2024,                    October 02, 2024, October 29, 2024, December
         29 Oktober 2024, dan 12 Desember 2024                          12, 2024 the DGT's application was rejected by
         permohonan DJP ditolak oleh Mahkamah                           the Supreme Court (the Supreme Court's
         Agung (putusan Mahkamah Agung untuk masa                       decision for the January, March, April, May,
         pajak Januari, Maret, April, Mei, Juni,                        June, September, and December tax periods)
         September, dan Desember) untuk sisa masa                       there has been no decision for the remaining
         pajak lainnya masih belum ada putusan.                         tax periods.
         2021                                                           2021
         Pada tanggal 18 Desember 2023 Bank                             On December 18, 2023, the Bank received a
         menerima Surat Pemeriksaan Pajak untuk                         Tax Audit Letter for all taxes from the Tax Office
         seluruh jenis pajak dari KPP Wajib Pajak                       of Large Taxpayer One with letter number:
         Besar     Satu    dengan   nomor   surat:                      S-1576/KPP.1901/2023.
         S-1576/KPP.1901/2023.
         Pada tanggal 11 November 2024 Bank                             On November 11, 2024 the Bank received a tax
         menerima surat ketetapan pajak (SKP) dan                       assessment letter (SKP) and tax invoice letter
         surat tagihan pajak (STP) atas SKPKB PPh                       (STP) for SKPKB of Income Tax Article 21
         pasal 21 sebesar Rp156,-, SKPKB PPh pasal                      amounting to Rp156, SKPKB of Income Tax
         23 sebesar Rp576,-, SKPKB PPh pasal 26                         Article 23 amounting to Rp576, SKPKB of
         sebesar Rp668,-, SKPKB PPh pasal 4 ayat 2                      Income Tax Article 26 amounting to Rp.668,
         sebesar Rp164,-, SKPKB PPN yang disetujui                      SKPKB Income Tax Article 4 paragraph 2
         sebesar Rp846,-, dan SKPKB PPN yang tidak                      amounting to Rp164, approved SKPKB VAT
         disetujui sebesar Rp13.473,- STP PPN sebesar                   amounting to Rp846, and unapproved SKPKB
         Rp1.005,-, dan SKPKB PPN JLN sebesar                           VAT amounting to Rp13,473, STP VAT
         Rp145.                                                         amounting to Rp1,005, and SKPKB VAT JLN
                                                                        amounting to Rp145.
         Pada tanggal 13 Desember 2024 Bank telah                       On December 13, 2024 the Bank has submitted
         menyampaikan surat Keberatan ke Kanwil                         an objection letter to the Regional Office of
         Wajib Pajak Besar Satu atas sengketa PPN                       Large Taxpayers One on the dispute of VAT
         AYDA sebesar Rp13.473.                                         AYDA amounting to Rp13,473.
         2022                                                           2022
         Pada tanggal 11 Desember 2024 Bank                             On December 11, 2024, the Bank received a
         menerima Surat Pemeriksaan Pajak untuk                         Tax Audit Letter for all taxes from the Tax Office
         seluruh jenis pajak dari KPP Wajib Pajak Besar                 of Large Taxpayer One with letter number: S-
         Satu      dengan       nomor      surat:    S-                 775/RIKSIS/KPP.1901/2024. On December 31,
         775/RIKSIS/KPP.1901/2024. Pada tanggal 31                      2024, a tax audit kick-off was conducted at the
         Desember 2024 telah dilakukan kick-off                         Jakarta Large Taxpayer One Tax Office.
         Pemeriksaan Pajak di KPP Wajib Pajak Besar
         Satu Jakarta



                                                      - 123 -
Page 614
PT BANK KB BUKOPIN TBK                                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                 otherwise stated)
lain)


22. Surat Berharga yang Dijual dengan Janji Dibeli                             22. Marketable Securities Sold with Agreements to
    Kembali                                                                        Repurchase

    Surat berharga yang dijual dengan janji dibeli                                Marketable securities sold with agreements to
    kembali pada tanggal 31 Desember 2024 dan 2023                                repurchase as at December 31, 2024 and 2023 are
    terdiri dari:                                                                 as follow:
                                                                    31 Desember/December 31, 2024

                                                                                                     Harga beli   Bunga belum       Nilai
                                 Jangka          Tanggal          Tanggal                             kembali/    diamortisasi/     neto/
                                 waktu/          dimulai/      jatuh tempo/      Suku bunga/        Repurchase    Unamortized        Net
                                 Period         Start date       Due date        Interest rate         price         interest       Value

    Pihak ketiga/Third parties
    Rupiah:
    Bank Indonesia
     Obligasi Pemerintah/
     Government Bonds
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     FR0085                          7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%          680.996              (709)      680.287
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     FR0068                          7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%          516.949              (538)      516.411
     -Seri/Series                   21 hari/   20 Des. 2024/   10 Jan. 2025/
     FR0071                         21 days    Dec. 20, 2024   Jan. 10, 2025            6,60%          262.391              (479)      261.912
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     FR0073                          7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%          204.115              (212)      203.903
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     FR0064                          7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%          186.267              (194)      186.073
     -Seri/Series                   14 hari/   19 Des. 2024/    2 Jan. 2025/
     IDSR210325364S                 14 days    Dec. 19, 2024    Jan. 2, 2025            6,45%           49.258               (18)       49.240
     -Seri/Series                   14 hari/   20 Des. 2024/    3 Jan. 2025/
     FR0058                         14 days    Dec. 20, 2024    Jan. 3, 2025            6,45%           24.841               (13)       24.828
     -Seri/Series                   14 hari/   24 Des. 2024/    7 Jan. 2025/
     FR0073                         14 days    Dec. 24, 2024    Jan. 7, 2025            6,45%           10.242               (13)       10.229
     -Seri/Series                   14 hari/   19 Des. 2024/    2 Jan. 2025/
     FR0073                         14 days    Dec. 19, 2024    Jan. 2, 2025            6,45%           10.238                (4)       10.234
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     PBS012                          7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%          627.301              (653)      626.648
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     PBS022                          7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%          427.987              (445)      427.542
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     PBS005                          7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%          232.373              (242)      232.131
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     SUKBI260225090                  7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%          152.084              (185)      151.899
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     SUKBI260225090A                 7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%          152.084              (185)      151.899
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     SUKBI040725364                  7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%          103.845              (126)      103.719
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     SUKBI070325273                  7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%           52.162               (63)       52.099
     -Seri/Series                    7 hari/   30 Des. 2024/    6 Jan. 2025/
     SUKBI031025364                  7 days    Dec. 30, 2024    Jan. 6, 2025            6,25%           50.886               (62)       50.824

    Total                                                                                             3.744.019           (4.141)     3.739.878



                                                                    31 Desember/December 31, 2023

                                                                                                     Harga beli   Bunga belum       Nilai
                                 Jangka          Tanggal          Tanggal                             kembali/    diamortisasi/     neto/
                                 waktu/          dimulai/      jatuh tempo/      Suku bunga/        Repurchase    Unamortized        Net
                                 Period         Start date       Due date        Interest rate         price         interest       Value

    Pihak ketiga/Third parties
    Rupiah:
    Bank Indonesia
     Obligasi Pemerintah/
     Government Bonds
     -Seri/Series                    7 hari/   29 Des. 2023/    5 Jan. 2024/
     SUKBI280224091                  7 days    Dec. 29, 2023    Jan. 5, 2024            6,25%          103.680              (126)      103.554
     -Seri/Series                    7 hari/   29 Des. 2023/    5 Jan. 2024/
     SUKBI150224092                  7 days    Dec. 29, 2023    Jan. 5, 2024            6,25%           52.475               (64)       52.411
     -Seri/Series                    7 hari/   29 Des. 2023/    5 Jan. 2024/
     SUKBI030524182                  7 days    Dec. 29, 2023    Jan. 5, 2024            6,25%           63.743               (77)       63.666

    Total                                                                                              219.898              (267)      219.631




                                                                    - 124 -
Page 615
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


23. Pinjaman yang Diterima                                       23. Borrowings
                                                2024                 2023

    Pihak berelasi                                                              Related parties
    Rupiah:                                                                     Rupiah:
    KB Kookmin Bank Co., Ltd,                                                   KB Kookmin Bank Co., Ltd,
       Singapura                                 3.557.175            3.544.886   Singapore
    KB Kookmin Bank Co., Ltd,                                                   KB Kookmin Bank Co., Ltd,
       Hong Kong                                 3.000.000            3.000.000   Hong Kong

    Sub-total                                    6.557.175            6.544.886 Sub-total

    Pihak ketiga                                                                  Third parties
    Rupiah:                                                                       Rupiah:
    PT Bank Danamon                                                               PT Bank Danamon
        Indonesia Tbk                            1.500.000              720.000      Indonesia Tbk
    International Finance                                                         International Finance
        Corporation                               888.886               885.301      Corporation
    PT Bank Oke Indonesia Tbk                      94.895                       - PT Bank Oke Indonesia Tbk
    PT Bank Tabungan Negara                                                       PT Bank Tabungan Negara
        (Persero) Tbk                               49.780               49.780      (Persero) Tbk
    Badan Layanan Umum Pusat                                                      Badan Layanan Umum Pusat
        Pembiayaan Perumahan                       13.486                18.681      Pembiayaan Perumahan
    BPJS Ketenagakerjaan                            5.284                 6.538 BPJS Ketenagakerjaan
    PT Sarana Multigriya                                                          PT Sarana Multigriya
        Finansial (Persero)                                -            228.301      Financial (Persero)
    PT Bank Central Asia Tbk                               -          2.000.000 PT Bank Central Asia Tbk

                                                 2.552.331            3.908.601
    Dolar Amerika Serikat:                                                      United States Dollar:
    The Korea Development                                                       The Korea Development
       Bank Singapura                            4.811.138                    -   Bank Singapore
    PT Bank Danamon                                                             PT Bank Danamon
       Indonesia Tbk                                       -          1.231.760   Indonesia Tbk
    Agence Francaise de                                                         Agence Francaise de
       Developpement                                       -             19.245   Developpement

                                                 4.811.138            1.251.005

    Sub-total                                    7.363.469            5.159.606 Sub-total

    Total                                       13.920.644           11.704.492 Total


    a. PT Bank Tabungan Negara (Persero) Tbk                        a.   PT Bank Tabungan Negara (Persero) Tbk

       Akun ini merupakan fasilitas Rekening Dana                        This account represents investment funds
       Investasi (RDI). Dana atas fasilitas ini diterima                 account (Rekening Dana Investasi or RDI). This
       oleh Bank dari Pemerintah melalui PT Bank                         fund facility was received by the Bank from the
       Tabungan Negara (Persero) Tbk selaku                              Government through PT Bank Tabungan
       koordinator Bank yang digunakan untuk                             Negara (Persero) Tbk as the coordinator bank
       pembiayaan Kredit Pemilikan Rumah-Rumah                           was used to finance Very Simple Housing
       Sangat Sederhana (KPR-RSS) dan Kredit                             Loans (KPR-RSS) and Simple Housing Loan
       Pemilikan     Rumah    Sederhana      (KPR-RS).                   (KPR-RS). Fund disbursements provided by PT
       Penyaluran pembiayaan oleh PT Bank                                Bank Tabungan Negara (Persero) Tbk are
       Tabungan Negara (Persero) Tbk terbagi menjadi                     divided into 3 fiscal years, 1999, 2000 and
       3 tahun anggaran, 1999, 2000 dan 2001.                            2001.
       i. Berdasarkan perjanjian tahun anggaran                           i. Based on agreement for Fiscal Year
           1999/2000, No. 07/PKS/DIR/2000 tanggal                            1999/2000, No. 07/PKS/DIR/2000 dated
           8 Februari 2000, maksimum jumlah pinjaman                         February 8, 2000, the maximum amount of
           yang diterima sebesar Rp16.960.481.512.                           fund       borrowing      amounted        to
                                                                             Rp16,960,481,512.




                                                       - 125 -
Page 616
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


23. Pinjaman yang Diterima (lanjutan)                             23. Borrowings (continued)

   a.   PT Bank Tabungan Negara (Persero) Tbk                        a.   PT Bank Tabungan Negara (Persero) Tbk
        (lanjutan)                                                        (continued)

        ii. Berdasarkan perjanjian tahun anggaran                         ii. Based on agreement for fiscal year 2000,
             2000,    No.   21/PKS/DIR/2001  tanggal                          No. 21/PKS/DIR/2001 dated February 22,
             22 Februari 2001 maksimum jumlah                                 2001, the maximum amount of fund
             pinjaman     yang    diterima  sebesar                           borrowing amounted to Rp20,703,980,143.
             Rp20.703.980.143.
        iii. Berdasarkan perjanjian tahun anggaran                        iii. Based on agreement for fiscal year 2001
             2001,    No.   51/PKS/DIR/2001  tanggal                           No. 51 PKS/DIR/2001 dated November 02,
             2 November 2001 maksimum jumlah                                   2001, the maximum amount of fund
             pinjaman     yang    diterima  sebesar                            borrowing amounted to Rp19,575,642,000.
             Rp19.575.642.000.

        Untuk tahun-tahun yang berakhir 31 Desember                       For the years ended December 31, 2024 and
        2024 dan 2023, saldo pinjaman ini masing-                         2023, the outstanding balance of this borrowing
        masing sebesar Rp49.780 dan belum ada                             amounted to Rp49,780, whereas no payments
        pembayaran kembali sejak tahun 2004.                              have been made since 2004.

   b.   PT Sarana Multigriya Finansial (Persero)                     b.   PT Sarana Multigriya Finansial (Persero)

        Berdasarkan akta No. 127/PP/SMF-BKP/                              Based on deed No. 127/PP/SMF-BKP/VIII/2019
        VIII/2019 tanggal 29 Agustus 2019, Bank                           dated August 29, 2019, the Bank received
        mendapatkan penambahan fasilitas pinjaman                         additional borrowing facility for refinancing
        refinancing Kredit Pemilikan Rumah (KPR)                          Housing Loan Facilities with a loan term until
        dengan jangka waktu pinjaman sampai dengan                        August 29, 2024 and bears an interest rate of
        29 Agustus 2024 dan dikenakan tingkat bunga                       8.6% per annum.
        8,6% per tahun.

        Pada tanggal 19 Agustus 2024, fasilitas ini telah                 On August 19, 2024, this facility has been paid
        dilunasi dan tidak diperpanjang.                                  and not extended.

        Berdasarkan akta No. 141/PP/SMF-BKP/IX/2019                       Based on deed No. 141/PP/SMF-BKP/IX/2019
        tanggal 27 September 2019, Bank mendapatkan                       dated September 27, 2019, the Bank received
        penambahan fasilitas pinjaman refinancing                         an additional borrowing facility for refinancing
        Kredit Pemilikan Rumah (KPR) dengan jangka                        Housing Loan Facilities with a loan term until
        waktu pinjaman sampai dengan 27 September                         September 27, 2024 and bears an interest rate
        2024 dan dikenakan tingkat bunga 8,5% per                         of 8.5% per annum.
        tahun.

        Bank memberikan jaminan berupa fidusia aset                       The Bank provides collateral in form of fiduciary
        atas keuangan KPR, yaitu tagihan/piutang yang                     of     Housing     Loan      Facilities,     that  is
        akan ada saat ini dan/atau akan ada di kemudian                   bills/receivables that will exist at this time and/or
        hari yang diperoleh dari penerbitan KPR,                          will be available later obtained from the
        termasuk hak agunan yang melekat padanya.                         issuance of the Housing Loan Facilities,
                                                                          including the collateral rights attached to them.

        Selama periode perjanjian kredit, tidak ada hal-                  During the period of the credit agreement, there
        hal yang dipersyaratkan atau tidak boleh                          is no requirement or prohibitions that should be
        dilakukan oleh Bank terkait dengan perjanjian                     fulfilled by the Bank in relation to the loan
        pinjaman yang diterima dari PT Sarana                             agreement received from PT Sarana Multigriya
        Multigriya Finansial (SMF).                                       Finansial (SMF).

        Untuk tahun-tahun yang berakhir 31 Desember                       For the years ended December 31, 2024 and
        2024 dan 2023, total pembayaran yang                              2023, the total payments made for the principal
        dilakukan atas pokok kepada SMF masing-                           to SMF amounted to Rp228,301 and
        masing sebesar Rp228.301 dan Rp198.299.                           Rp198,299, respectively.

        Untuk tahun-tahun yang berakhir 31 Desember                       For the years ended December 31, 2024 and
        2024 dan 2023, total pembayaran yang                              2023, the total payments made for the interest
        dilakukan atas bunga kepada SMF masing-                           to SMF amounted to Rp17,857 and Rp25,858,
        masing sebesar Rp17.857 dan Rp25.858.                             respectively.



                                                        - 126 -
Page 617
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


23. Pinjaman yang Diterima (lanjutan)                             23. Borrowings (continued)

   c.   Badan Layanan Umum Pusat Pembiayaan                          c.   Badan Layanan Umum Pusat Pembiayaan
        Perumahan                                                         Perumahan

        Berdasarkan akta No. 106/SK.9/HK.02.04/                           Based on deed No. 106/SK.9/HK.02.04/12/2012
        12/2012 dan PKO. 1846/DIR-GMBM/XII/2012                           and PKO. 1846/DIR-GMBM/XII/2012 dated
        tanggal 26 Desember 2012, fasilitas pinjaman                      December 26, 2012, this borrowing facility is
        yang diberikan dalam rangka menyalurkan dan                       intended to re-lend and distribute Housing
        mendistribusikan pinjaman Fasilitas Likuiditas                    Financing Liquidity Facility for the Bank whose
        Pembiayaan Perumahan kepada Bank yang                             target is to reduce housing loan interest rate for
        sasarannya untuk menurunkan tingkat suku                          low income and lower middle income
        bunga Kredit Pemilikan Rumah (KPR) bagi                           community. Term of the facility is until
        kelompok      berpenghasilan      rendah    dan                   December 31, 2028.
        masyarakat berpenghasilan menengah bawah.
        Jangka waktu fasilitas ini adalah sampai dengan
        31 Desember 2028.

        Tingkat bunga pinjaman adalah sebesar 0,5%                        The interest rate of the borrowing is 0.5% per
        per tahun. Pembayaran angsuran dilakukan                          annum. Installment shall be made every month
        setiap bulan selama 20 tahun sejak tanggal                        in 20 years after drawdown date.
        pencairan.

        Selama periode perjanjian kredit, tidak ada hal-                  During the period of the credit agreement, there
        hal yang dipersyaratkan atau tidak boleh                          is no requirement or prohibitions that should be
        dilakukan oleh Bank terkait dengan perjanjian                     fulfilled by the Bank in relation to the loan
        pinjaman yang diterima dari Badan Layanan                         agreement received from Badan Layanan
        Umum Pusat Pembiayaan Perumahan (BLUP3).                          Umum        Pusat   Pembiayaan       Perumahan
                                                                          (BLUP3).

        Untuk tahun-tahun yang berakhir 31 Desember                       For the year ended December 31, 2024 and
        2024 dan 2023, total pembayaran yang                              2023, the total payments made for the principal
        dilakukan atas pokok kepada BLUP3 masing-                         to BLUP3 amounted to Rp5,195 and Rp5,620,
        masing sebesar Rp5.195 dan Rp5.620.                               respectively.

        Untuk tahun-tahun yang berakhir 31 Desember                       For the years ended December 31, 2024 and
        2024 dan 2023, pembayaran yang dilakukan                          2023, the total payments made for the interest
        atas masing-masing bunga kepada BLUP3                             to BLUP3 amounted to Rp91 and Rp120,
        masing-masing sebesar Rp91 dan Rp120.                             respectively.

   d.   BPJS Ketenagakerjaan                                         d.   BPJS Ketenagakerjaan

        Bank memperoleh fasilitas pinjaman terkait                        The Bank received borrowing facility in relation
        Kredit Pemilikan Rumah (KPR) berdasarkan                          with Housing Loan Facilities based on deed
        perjanjian No. PER/47/022011 dan PKS.                             No. PER/47/022011 and PKS. 109/DIR-
        109/DIR-GMBM/11/2011 tanggal 16 Februari                          GMBM/11/2011 dated February 16, 2011. The
        2011. Fasilitas pinjaman ini diberikan oleh BPJS                  borrowing facility obtained from BPJS
        Ketenagakerjaan      (dahulu    PT      Jamsostek                 Ketenagakerjaan (formerly PT Jamsostek
        (Persero)) terkait pemberian fasilitas Kredit                     (Persero)) in relation with Housing Loan
        Pemilikan      Rumah    (KPR)      bagi   peserta                 Facilities for Jamsostek members through the
        Jamsostek melalui Bank yang digunakan untuk                       Bank to assist them in purchasing houses with
        membantu pembelian rumah dengan dukungan                          support from Housing Advance Loan-
        fasilitas Pinjaman Uang Muka Perumahan-Kerja                      Cooperation with (PUMP-KB) Bank facility.
        Sama Bank (PUMP-KB).




                                                        - 127 -
Page 618
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


23. Pinjaman yang Diterima (lanjutan)                            23. Borrowings (continued)

   d.   BPJS Ketenagakerjaan (lanjutan)                             d.   BPJS Ketenagakerjaan (continued)

        Penyaluran dana akan dilakukan secara                            Fund distribution will be done in phases based
        bertahap sesuai dengan kebutuhan penyaluran                      on loan granting needs. The term of this facility
        kredit. Jangka waktu fasilitas ini adalah sampai                 is up to December 31, 2028 with interest rate of
        dengan 31 Desember 2028 dengan tingkat                           2% per annum. The principal shall be made
        bunga 2% per tahun. Pembayaran pokok                             every month in 10 years after drawdown date.
        dilakukan setiap bulan selama 10 tahun sejak
        tanggal pencairan.

        Selama periode perjanjian kredit, tidak ada hal-                 During the period of the credit agreement, there
        hal yang dipersyaratkan atau tidak boleh                         is no requirement or prohibitions that should be
        dilakukan oleh Bank terkait dengan perjanjian                    fulfilled by the Bank in relation to the loan
        pinjaman     yang    diterima      dari   BPJS                   agreement        received        from      BPJS
        Ketenagakerjaan.                                                 Ketenagakerjaan.

        Untuk tahun-tahun yang berakhir 31 Desember                       For the years ended December 31, 2024 and
        2024 dan 2023, total pembayaran yang                              2023, the total payments made for the principal
        dilakukan   atas    pokok   kepada     BPJS                       to BPJS Ketenagakerjaan amounted to
        Ketenagakerjaan    masing-masing     sebesar                      Rp1,254 and Rp1,182, respectively.
        Rp1.254 dan Rp1.182.

        Untuk tahun-tahun yang berakhir 31 Desember                      For the years ended December 31, 2024 and
        2024 dan 2023, total pembayaran yang                             2023, the total payments made for the interest
        dilakukan   atas    bunga   kepada     BPJS                      to BPJS Ketenagakerjaan amounted to Rp130
        Ketenagakerjaan adalah sebesar Rp130 dan                         and Rp154, respectively.
        Rp154.
   e.   Agence Francaise de Developpement                           e.   Agence Francaise de Developpement

        Fasilitas pinjaman yang diberikan ini adalah                     This borrowing facility is intended to re-lent and
        dalam        rangka      menyalurkan       dan                   distributed fund to finance renewable energy
        mendistribusikan pinjaman untuk membiayai                        projects, with a specific focus on hydropower
        proyek-proyek energi terbarukan dengan fokus                     projects, geothermal energy projects and
        utama pada proyek-proyek tenaga air, proyek                      biomass projects, based on agreement NºCID
        energi panas bumi dan proyek biomasa,                            1036 OI E dated February 11, 2014. This facility
        berdasarkan perjanjian NºCID 1036 OI E pada                      has a maximum period until February 11, 2024
        tanggal 11 Februari 2014. Jangka waktu fasilitas                 with interest rate at 4.78% per annum. Interest
        ini adalah sampai dengan 11 Februari 2024                        payment is made every 6 (six) months starting
        dengan tingkat bunga pinjaman adalah sebesar                     from February 11, 2015. Meanwhile, principal
        4,78% per tahun. Pembayaran bunga dilakukan                      made every 6 (six) months starting from
        setiap 6 (enam) bulanan yang dimulai pada                        August 11, 2018.
        tanggal 11 Februari 2015. Sedangkan,
        pembayaran pokok dilakukan setiap 6 (enam)
        bulanan yang dimulai pada tanggal 11 Agustus
        2018.

        Untuk tahun-tahun yang berakhir 31 Desember                      For the years ended December 31, 2024 and
        2024 dan 2023, total pembayaran yang                             2023, the total payments made for the principal
        dilakukan atas pokok kepada AFD masing-                          to AFD were USD1,250,000 (full amount)
        masing sebesar USD1.250.000 (angka penuh)                        (Rp19,245) and USD2,500,000 (full amount)
        (Rp19.245) dan USD2.500.000 (angka penuh)                        (Rp39,133), respectively.
        (Rp39.133).




                                                       - 128 -
Page 619
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


23. Pinjaman yang Diterima (lanjutan)                            23. Borrowings (continued)

    e. Agence     Francaise      de    Developpement                e. Agence    Francaise         de    Developpement
       (lanjutan)                                                      (continued)
        Untuk tahun-tahun yang berakhir 31 Desember                       For the years ended December 31, 2024 and
        2024 dan 2023, total pembayaran yang                              2023, the total payments made for interest to
        dilakukan atas bunga pinjaman kepada AFD                          AFD were USD30,539 (full amount) (Rp493) and
        masing-masing sebesar USD30.539 (angka                            USD151,599       (full amount)     (Rp2,342),
        penuh) (Rp493) dan USD151.699 (angka                              respectively.
        penuh) (Rp2.342).

        Pada tanggal 2 Februari 2024 Bank telah                           On February 2, 2024, the Bank has settled this
        melakukan pelunasan atas fasilitas ini dan tidak                  facility and opted to not renew.
        melakukan perpanjangan.

   f.   PT Bank Central Asia Tbk (BCA)                               f.    PT Bank Central Asia Tbk (BCA)

        Pada tanggal 9 Desember 2021, berdasarkan                         On December 9, 2021, based on Notarial Deed
        Akta No. 01 oleh Notaris Veronica Sandra                          No. 01 by Notary Veronica Sandra Irawaty
        Irawaty Purnadi, S.H., Bank telah memeroleh                       Purnadi, S.H., the Bank has obtained a credit
        fasilitas kredit berupa fasilitas Term Loan                       facility in the form of a Term Loan Revolving
        Revolving 1 (TLR-1) sebesar Rp1.000.000,                          (TLR-1) facility amounting to Rp1,000,000, with
        dengan suku bunga sebesar 4,95% dan berlaku                       an interest rate of 4.95% and is valid until
        hingga 9 Desember 2022. Fasilitas ini digunakan                   December 9, 2022. This facility is used to
        untuk membiayai modal kerja Bank. Pokok akan                      finance the Bank's working capital. The
        dibayarkan pada saat jatuh tempo sedangkan                        principal will be paid at maturity while interest
        pembayaran bunga akan dibayarkan setiap                           payments will be paid every month.
        bulan.

        Pada tanggal 12 Agustus 2022, berdasarkan                         On August 12, 2022, based on Notarial Deed
        Akta No. 08, Perubahan Pertama Atas Perjanjian                    No. 08, First Amendment to the Credit
        Kredit oleh Notaris Veronica Sandra Irawaty                       Agreement by Notary Veronica Sandra Irawaty
        Purnadi, S.H., Bank memperoleh fasilitas kredit                   Purnadi, S.H., the Bank obtained an additional
        tambahan yaitu fasilitas Term Loan Revolving 2                    credit facility, namely the Term Loan Revolving
        (TLR-2) sebesar Rp1.000.000, dengan suku                          2 (TLR-2) facility amounting to Rp1,000,000,
        bunga sebesar JIBOR + Marjin 0,85% dan                            with an interest rate of JIBOR + Margin 0.85%
        berlaku hingga 12 Agustus 2023. Pokok akan                        and is valid until August 12, 2023. The principal
        dibayarkan pada saat jatuh tempo sedangkan                        will be paid at maturity while the interest
        pembayaran bunga akan dibayarkan setiap 3                         payments will be paid every 3 (three) months.
        (tiga) bulan.
        Pada tanggal 8 Desember 2022, perjanjian                          On December 8, 2022, the credit agreement
        kredit tersebut kemudian diubah berdasarkan                       was then amended based on the Second
        Perubahan Kedua Atas Perjanjian Kredit                            Amendment to the Credit Agreement as
        sebagai berikut:                                                  follows:
        • memperpanjang jangka waktu fasilitas kredit                     •    extending the term of the TLR-1 credit
           TLR-1 berlaku hingga 9 Desember 2023;                               facility valid until December 9, 2023;
        • mengubah suku bunga menjadi suku bunga                          •    change the interest rate to JIBOR interest
           JIBOR + marjin 0,75% per tahun untuk TLR-                           rate + 0.75% margin per year for TLR-1 of
           1 dari jumlah fasilitas yang belum dibayar                          the outstanding facility amount; and
           kembali; dan
        • mengubah pembayaran bunga TLR-1                                 •   change the TLR-1 interest payment to be
           menjadi akan dibayarkan setiap 3 (tiga)                            paid every 3 (three) months.
           bulan.




                                                       - 129 -
Page 620
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)



23. Pinjaman yang Diterima (lanjutan)                             23. Borrowings (continued)

    f. PT Bank Central Asia Tbk (BCA) (lanjutan)                     f. PT Bank Central Asia Tbk (BCA) (continued)

       Pada tanggal 7 Agustus 2023, perjanjian kredit                     On August 7, 2023, the credit agreement was
       tersebut diubah berdasarkan Perubahan Ketiga                       amended based on the Third Amendment to
       atas Perjanjian Kredit sebagai berikut:                            the Credit Agreement as follows:

       •   memperpanjang jangka waktu fasilitas TLR-2                     •   extending the validity period of the TLR-2
           berlaku hingga 12 Agustus 2025; dan                                facility until August 12, 2025; and
       •   mengubah suku bunga TLR-2, menjadi suku                        •   change the TLR-2 interest rate to a JIBOR
           bunga JIBOR + marjin 0,85% per tahun                               + 0.85% margin per year interest rate with
           dengan jangka waktu pembayaran kembali                             a repayment period of up to 12 months and
           sampai dengan 12 bulan dan JIBOR + marjin                          JIBOR + 0.95% margin per year with a
           0,95% per tahun dengan jangka waktu                                repayment period of more than 12 months.
           pembayaran kembali lebih dari 12 bulan.

       Pada tanggal 4 Desember 2023, perjanjian                           On December 4, 2023, the credit agreement
       kredit tersebut diubah kembali berdasarkan                         was amended again based on the Fourth
       Perubahan Keempat Atas Perjanjian Kredit                           Amendment to the Credit Agreement to extend
       untuk memperpanjang jangka waktu fasilitas                         the term of the TLR-1 credit facility until
       kredit TLR-1 berlaku hingga 9 Desember 2025.                       December 9, 2025.

       Untuk tahun-tahun yang berakhir 31 Desember                        For the years ended December 31, 2024 and
       2024 dan 2023, total pembayaran yang                               2023, the total payments made for the principal
       dilakukan atas pokok kepada BCA masing-                            to BCA amounted to Rp2,000,000 and
       masing sebesar Rp2.000.000 dan Rp1.000.000.                        Rp1,000,000, respectively.

       Untuk tahun-tahun yang berakhir 31 Desember                        For the years ended December 31, 2024 and
       2024 dan 2023, total pembayaran yang                               2023, the total payments made for the interest
       dilakukan atas bunga kepada PT Bank Central                        to PT Bank Central Asia Tbk amounted to
       Asia Tbk masing-masing sebesar Rp140.491                           Rp140,491 and Rp74,661, respectively.
       dan Rp74.661.

    g. PT Bank Danamon Indonesia Tbk                                 g.   PT Bank Danamon Indonesia Tbk

       Berdasarkan Perjanjian Kredit No. 886/PK/FI/                       Based on Credit Agreement No. 886/PK/FI/
       1020 tanggal 22 Oktober 2020, Bank telah                           1020 dated October 22, 2020, the Bank has
       memperoleh Fasilitas Kredit Berjangka (Fasilitas                   obtained a Term Credit Facility (KB Facility)
       KB) dari PT Bank Danamon Indonesia Tbk                             from PT Bank Danamon Indonesia Tbk
       (Danamon) sebesar Rp500.000 dengan suku                            (Danamon) in the amount of Rp500,000 with an
       bunga yang ditentukan oleh konfirmasi dari                         interest rate determined by Danamon
       Danamon. Jangka waktu fasilitas 12 (dua belas)                     confirmation. The term of the facility is 12
       bulan dan bersifat berulang (revolving). Fasilitas                 (twelve) months and revolving. This facility is
       ini digunakan untuk membiayai modal kerja                          used to finance the Bank's working capital.
       Bank.

       Bank dan Danamon telah menandatangani                              The Bank and Danamon signed an Amendment
       Perjanjian Perubahan terhadap Perjanjian Kredit                    Agreement to Credit Agreement No. 508/PP/
       No. 508/PP/EB/0821 tanggal 27 Agustus 2021                         EB/0821 dated August 27, 2021 in lieu of Credit
       sebagai pengganti Perjanjian Kredit No. 886/                       Agreement      No.    886/PK/FI/1020     dated
       PK/FI/1020 tanggal 22 Oktober 2020. Perubahan                      October 22, 2020. Changes to the Credit
       Perjanjian Kredit tersebut sebagai berikut:                        Agreement are as follows:
       1. Memperpanjang jangka waktu Fasilitas KB                         1. Extending the term of the KB Facility for a
           untuk jangka waktu 12 (dua belas) bulan                           period of 12 (twelve) months from
           sejak 22 Oktober 2021 sampai 22 Oktober                           October 22, 2021 to October 22, 2022
           2022 (revolving); dan                                             (revolving); and




                                                        - 130 -
Page 621
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)


23. Pinjaman yang Diterima (lanjutan)                          23. Borrowings (continued)
    g. PT Bank Danamon Indonesia Tbk (lanjutan)                   g.   PT    Bank      Danamon       Indonesia      Tbk
                                                                       (continued)

       2.   Menambah plafon Fasilitas KB yang semula                   2. Increase the plafond of KB Facilities from
            sebesar Rp500.000 menjadi sebesar                             Rp500,000 to Rp1,000,000.
            Rp1.000.000.

       Bank dan Danamon telah menandatangani                           The Bank and Danamon have signed several
       beberapa kali perubahan terhadap perjanjian                     amendments to the credit agreement, including
       kredit melalui surat permohonan perpanjangan                    through the letter of credit term extension
       jangka waktu kredit No. B.B.587/ARO/EB/1022                     request No. B.B.587/ARO/EB/1022 dated
       tanggal 18 Oktober 2022, dan mengalami                          October 18, 2022, and further amendments
       perubahan kembali pada perjanjian kredit No.                    under credit agreement No. 189/PP/EB/0623
       189/PP/EB/0623 tanggal 22 Juni 2023.                            dated June 22, 2023. Changes to the Credit
       Perubahan Perjanjian Kredit tersebut sebagai                    Agreement are as follows:
       berikut:
       1. Memperpanjang jangka waktu Fasilitas KB                      1.   Extending the term of the KB Facility for a
            untuk jangka waktu 12 (dua belas) bulan                         period of 12 (twelve) months from
            sejak 22 Oktober 2022 sampai 22 Oktober                         October 22, 2022 to October 22, 2023
            2023 (revolving); dan                                           (revolving); and
       2. Menambah plafon Fasilitas KB yang semula                     2.   Increase the plafond of KB Facilities from
            sebesar Rp1.000.000 menjadi sebesar                             Rp1,000,000 to Rp2,000,000.
            Rp2.000.000.
       Bank dan Danamon telah menandatangani                           The Bank and Danamon signed an Amendment
       Perjanjian Perubahan Terhadap Perjanjian Kredit                 Agreement to Credit Agreement No. 433/PP/
       No. 433/PP/EB/1223 tanggal 22 Desember                          EB/1223 dated December 22, 2023. Changes
       2023. Perubahan Perjanjian Kredit tersebut                      to the Credit Agreement are as follows:
       sebagai berikut:
       1. Memperpanjang jangka waktu Fasilitas KB                      1.   Extending the term of the KB Facility for a
           untuk jangka waktu 12 (dua belas) bulan                          period of 12 (twelve) months from
           sejak 22 Oktober 2023 sampai 22 Oktober                          October 22, 2023 to October 22, 2024
           2024 (revolving); dan                                            (revolving); and
       2. Mendapatkan fasilitas kredit berjangka 2                     2.   Obtained term credit facility 2 (KB Facility
           (Fasilitas KB 2) sebesar Rp1.000.000.                            2) amounting to Rp1,000,000.

       Selama periode perjanjian kredit, Bank harus                    During the period of the Loan, the Bank should
       memberitahukan secara tertulis dan/atau tidak                   notify in writing and/or not in writing to
       tertulis kepada Danamon untuk melakukan hal-                    Danamon to carry out the following activities,
       hal antara lain sebagai berikut:                                among others:
       i. Denda atas keterlambatan pembayaran dan                      i. Penalty for late payment and accelerated
            percepatan pembayaran masing-masing                           payment of 3%, respectively;
            sebesar 3%;
       ii. Memberikan laporan keuangan yang telah                      ii. Provide        audited/in-house     financial
            diaudit/in-house;                                               statement;
       iii. Menginformasikan kepada Danamon apabila                    iii. Inform Danamon if there is a change in
            terjadi perubahan usaha/sesuatu yang dapat                      business/something that may change the
            mengubah usaha atau kekayaan Bank,                              business or assets of the Bank, the articles
            anggaran      dasar   dan   perubahannya,                       of association and amendments, changes in
            perubahan kepemilikan dan modal disetor                         ownership and paid-up capital as well as
            serta perubahan Dewan Komisaris & Direksi                       changes in the Board of Commisioners and
            Bank;                                                           Directors of Bank;
       iv. Tunduk pada BMPK (Batas Maksimum                            iv. Comply to Legal Lending Limit;
            Pemberian Kredit);




                                                     - 131 -
Page 622
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


23. Pinjaman yang Diterima (lanjutan)                            23. Borrowings (continued)
   g.   PT Bank Danamon Indonesia Tbk (lanjutan)                    g.   PT    Bank      Danamon       Indonesia     Tbk
                                                                         (continued)

        v. Memastikan kolektibilitas Bank pada masing-                   v. Ensure that the collectability of Bank on
            masing Kreditur tetap pada kolektibilitas 1;                     each Creditor remains at Collectability 1;
            dan                                                              and
        vi. Menginformasikan jika Bank melakukan                         vi. Inform if Bank conducts consolidation,
            peleburan, penggabungan, pengambilalihan                         merger, acquisitions or dissolution.
            atau pembubaran.

        Pada tanggal 14 Juni 2023, Bank telah                            On June 14, 2023, the Bank has submitted a
        menyampaikan pemberitahuan tertulis kepada                       written notification to Danamon regarding the
        Danamon sehubungan dengan perubahan                              amendment to increase the issued/paid-up
        peningkatan    modal    ditempatkan/disetor                      capital of PT Bank KB Bukopin Tbk.
        PT Bank KB Bukopin Tbk.

        Manajemen      berpendapat    bahwa     seluruh                  Management believes that all compliance
        persyaratan kepatuhan telah dipenuhi pada                        requirements have been met as at the date of
        tanggal laporan posisi keuangan konsolidasian.                   the consolidated statement of financial position.

        Selama tahun 2023, Bank melakukan penarikan                      During 2023, the Bank drew down the loan
        pinjaman     sebesar     Rp720.000      dan                      amounting to Rp720,000 and USD80,000,000
        USD80.000.000 (angka penuh) (Rp1.231.760).                       (full amount) (Rp1,231,760).

        Pada tanggal 12 Februari 2024 dan 2 April 2024,                  On February 12, 2024, and April 2, 2024, the
        Bank telah melunasi pinjaman dalam bentuk                        Bank settled a loan in USD totaling
        USD dengan total sebesar USD80.000.000                           USD80,000,000 (full amount) (Rp1,231,760).
        (angka penuh) (Rp1.231.760).

        Selama tahun 2024, Bank melakukan penarikan                      During 2024, the Bank drew down the loan
        pinjaman sebesar Rp1.500.000.                                    amounting to Rp1,500,00.

        Pada tanggal 18 Desember 2024, Bank                              On December 18 2024, the Bank extended a
        memperpanjang fasilitas kredit dari PT Bank                      credit facility from PT Bank Danamon Indonesia
        Danamon Indonesia Tbk sebesar Rp3.000.000                        Tbk amounting to Rp3,000,000 with a floating
        dengan suku bunga mengambang sebesar                             interest rate of 7.23%. The term of this facility
        7,23%. Jangka waktu fasilitas ini berlangsung                    lasts until October 22, 2025 and is revolving.
        sampai 22 Oktober 2025 dan bersifat berulang                     This facility is used to finance the Bank's
        (revolving). Fasilitas ini digunakan untuk                       working capital. The principal will be paid at
        membiayai modal kerja Bank. Pokok akan                           maturity while interest payments will be paid
        dibayarkan pada saat jatuh tempo sedangkan                       every quarter.
        pembayaran bunga akan dibayarkan setiap
        quartal.

        Untuk tahun-tahun yang berakhir 31 Desember                      or the years ended December 31, 2024 and
        2024 dan 2023, total pembayaran yang                             2023, the total payments made for the principal
        dilakukan atas pokok kepada Danamon                              to   Danamon       Indonesia  amounted       to
        Indonesia masing-masing sebesar Rp720.000,                       Rp720.000, USD80.000.000 (Rp1.231.760) and
        USD80.000.000        (Rp1.231.760)      dan                      Rp1,000,000, respectively.
        RpRp1.000.000.

        Untuk tahun-tahun yang berakhir 31 Desember                      For the years ended December 31, 2024 and
        2024 dan 2023, total pembayaran yang                             2023, the total payments made for the interest
        dilakukan atas bunga kepada Danamon                              to Danamon Indonesia amounted to Rp57,040
        Indonesia masing-masing sebesar Rp57.040 dan                     and Rp65,993, respectively.
        Rp65.993.




                                                       - 132 -
Page 623
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)



23. Pinjaman yang Diterima (lanjutan)                               23. Borrowings (continued)

    h. International Finance Corporation                               h.   International Finance Corporation

        Pada tanggal 31 Mei 2022, Bank telah                                On May 31, 2022, the Bank has signed a Bank
        menandatangani perjanjian fasilitas pinjaman                        Bond loan facility agreement from the
        Obligasi Bank dari International Finance                            International Finance Corporation (IFC) to
        Corporation (IFC) untuk mendukung Operasi                           support the Relevant Financing Operations.
        Pembiayaan yang Relevan. Pinjaman ini terdiri                       This loan consists of three facilities, namely:
        dari tiga fasilitas, yaitu:

        •   Fasilitas Tranche 1 senilai Rp178.680                           •   Tranche 1 facility amounting Rp178,680
            dengan suku bunga 7,54% pertahun. Bank                              with an interest rate of 7.54% per annum.
            telah melakukan seluruh penarikan pinjaman                          The bank has made all loan withdrawals on
            pada tanggal 25 Agustus 2022.                                       August 25, 2022.
        •   Fasilitas Tranche 2 senilai Rp148.200                           •   Tranche 2 facility amounting Rp148,200
            dengan suku bunga 7,54% pertahun. Bank                              with an interest rate of 7.54% per annum.
            telah melakukan seluruh penarikan pinjaman                          The bank has made all loan withdrawals
            pada tanggal 31 Agustus 2022.                                       on August 31, 2022.
        •   Fasilitas Tranche 3 senilai Rp564.550                           •   Tranche 3 facility amounting Rp564,550
            dengan suku bunga 7,66% pertahun. Bank                              with an interest rate of 7.66% per annum.
            telah melakukan seluruh penarikan pinjaman                          The bank has made all loan withdrawals
            pada tanggal 2 September 2022.                                      on September 2, 2022.

        Fasilitas pinjaman ini memiliki tenor 3 (tiga)                      This loan facility has a tenor of 3 (three) years
        tahun dan akan jatuh tempo pada tanggal                             and will mature on August 25 - September 2,
        25 Agustus - 2 September 2025. Pokok akan                           2025. The principal will be paid at maturity while
        dibayarkan pada saat jatuh tempo sedangkan                          interest payments will be paid every 6 months.
        pembayaran bunga akan dibayarkan setiap 6
        bulan.

        Untuk tahun-tahun yang berakhir 31 Desember                         For the years ended December 31, 2024 and
        2024 dan 2023, tidak ada pembayaran pokok                           2023, there has been no payment of principal
        kepada IFC.                                                         IFC.

        Untuk tahun-tahun yang berakhir 31 Desember                         For the years ended December 31, 2024 and
        2024 dan 2023, total pembayaran yang                                2023, the total payments made for the interest
        dilakukan atas bunga pinjaman kepada IFC                            payment to IFC were Rp68,757 and Rp72,098,
        adalah sebesar Rp68.757 dan Rp72.098.                               respectively.

        Pada tanggal 13 Februari 2025 Bank telah                            On February 13, 2025 the Bank has settled this
        melakukan pelunasan atas fasilitas ini.                             facility.

   i.   Kookmin Bank Co. Ltd., Singapore Branch                       j.    Kookmin Bank Co. Ltd., Singapore Branch

        Pada tanggal 10 Juni 2022, Bank telah                               On June 10, 2022, the Bank has signed a loan
        menandatangani perjanjian fasilitas peminjaman                      facility agreement from the Kookmin Bank Co.
        kembali dari Kookmin Bank Co. Ltd., Singapore                       Ltd., Singapore Branch to support the Relevant
        Branch untuk mendukung Operasi Pembiayaan                           Financing Operations. This loan consists of
        yang Relevan. Pinjaman ini terdiri dari tiga                        three facilities, namely:
        fasilitas, yaitu:
        •     Fasilitas Tranche 1 senilai Rp714.720                         •   Tranche 1 facility amounting Rp714,720
              dengan suku bunga 7,54% per tahun. Bank                           with an interest rate of 7.54% per year. The
              telah     melakukan  seluruh    penarikan                         bank has made all loan withdrawals on
              pinjaman pada tanggal 29 Agustus 2022.                            August 29, 2022.




                                                          - 133 -
Page 624
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)



23. Pinjaman yang Diterima (lanjutan)                               23. Borrowings (continued)

    j.       Kookmin Bank Co. Ltd., Singapore Branch                   j.   Kookmin Bank Co. Ltd., Singapore Branch
             (lanjutan)                                                     continued)

         •     Fasilitas Tranche 2 senilai Rp592.800                        •   Tranche 2 facility amounting Rp592,800
               dengan suku bunga 7,54% per tahun. Bank                          with an interest rate of 7.54% per year. The
               telah    melakukan   seluruh   penarikan                         bank has made all loan withdrawals on
               pinjaman pada tanggal 2 September 2022.                          September 2, 2022.
         •     Fasilitas Tranche 3 senilai Rp2.258.200                      •   Tranche 3 facility amounting Rp2,258,200
               dengan suku bunga 7,66% per tahun. Bank                          with an interest rate of 7.66% per year. The
               telah    melakukan   seluruh   penarikan                         bank has made all loan withdrawals on
               pinjaman pada tanggal 6 September 2022.                          September 6, 2022.

         Fasilitas pinjaman ini memiliki tenor 3 (tiga)                     This loan facility has a tenor of 3 (three) years
         tahun dan akan jatuh tempo pada tanggal                            and will mature on August 29 - September 6,
         29 Agustus - 6 September 2025. Pokok akan                          2025. The principal will be paid at maturity while
         dibayarkan pada saat jatuh tempo sedangkan                         interest payments will be paid every 6 months.
         pembayaran bunga akan dibayarkan setiap
         6 bulan.

         Bank tidak memberikan jaminan dan komitmen                         The Bank does not provide any collateral and
         apapun atas pinjaman ini.                                          commitment for this loan.

         Untuk tahun-tahun yang berakhir 31 Desember                        For the years ended December 31, 2024 and
         2024 dan 2023, tidak ada pembayaran pokok                          2023, there has been no payment of principal to
         kepada Kookmin Bank Co. Ltd., Singapore                            Kookmin Bank Co. Ltd., Singapore Branch.
         Branch.
         Untuk tahun-tahun yang berakhir 31 Desember                        For the years ended December 31, 2024 and
         2024 dan 2023, total pembayaran yang                               2023, the total payments made for the interest
         dilakukan atas bunga pinjaman kepada Kookmin                       payment to Kookmin Bank Co. Ltd., Singapore
         Bank Co. Ltd., Singapore Branch masing-masing                      Branch Indonesia were Rp276,138 and
         sebesar Rp276.138 dan Rp286.154.                                   Rp286,154, respectively.
    k. Kookmin Bank Co. Ltd., Hong Kong Branch                         k.   Kookmin Bank Co. Ltd., Hong Kong Branch

         Pada tanggal 29 Juni 2022, Bank telah                              On June 29, 2022, the Bank has signed a loan
         menandatangani perjanjian fasilitas pinjaman                       facility agreement from Kookmin Bank Co. Ltd.,
         dari Kookmin Bank Co. Ltd., Hong Kong Branch                       Hong Kong Branch to finance general working
         untuk membiayai kebutuhan modal kerja umum                         capital needs and strengthen the long-term
         dan memperkuat struktur permodalan jangka                          capital structure. The total plafond for the facility
         panjang. Jumlah plafon keseluruhan dari fasilitas                  amounting Rp3,000,000.
         sebesar Rp3.000.000.

         Fasilitas pinjaman ini memiliki tenor 7 (tujuh)                    This loan facility has a tenor of 7 (seven) years
         tahun dan akan jatuh tempo pada tanggal                            and will mature on June 30, 2029. The principal
         30 Juni 2029. Pokok akan dibayarkan pada saat                      will be paid at maturity while interest payments
         jatuh tempo sedangkan pembayaran bunga akan                        will be paid every 3 months.
         dibayarkan setiap 3 bulan.

         Bank tidak memberikan jaminan dan komitmen                         The Bank does not provide any collateral and
         apapun atas pinjaman ini.                                          commitment for this loan.

         Untuk    dan    tahun-tahun yang berakhir                          For the years ended December 31, 2024 and
         31 Desember 2024 dan 2023, tidak ada                               2023, there has been no payment of principal to
         pembayaran pokok kepada Kookmin Bank Co.                           Kookmin Bank Co. Ltd., Hong Kong Branch.
         Ltd., Hong Kong Branch.

         Untuk tahun-tahun yang berakhir 31 Desember                        For the years ended December 31, 2024 and
         2024 dan 2023, total pembayaran yang                               2023, the total payments made for the interest
         dilakukan atas bunga pinjaman kepada Kookmin                       payment to Kookmin Bank Co. Ltd., Hong Kong
         Bank Co. Ltd., Hong Kong Branch masing-                            Branch Indonesia were Rp288,733 and
         masing sebesar Rp288.733 dan Rp287.952.                            Rp287,952, respectively.




                                                          - 134 -
Page 625
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)


23. Pinjaman yang Diterima (lanjutan)                           23. Borrowings (continued)

    l. The Korea Development Bank, Singapore                       l.   The Korea Development Bank, Singapore
       Branch                                                           Branch

       Pada tanggal 1 April 2024, Bank telah                            On April 1, 2024, the Bank has signed a loan
       menandatangani perjanjian fasilitas pinjaman                     facility agreement from The Korea Development
       dari The Korea Development Bank, Singapore                       Bank, Singapore Branch to finance general
       Branch untuk membiayai kebutuhan modal kerja                     working capital needs The total plafond for the
       umum jumlah plafon keseluruhan dari fasilitas                    facility   amounting    USD300,000,000     (full
       sebesar USD300.000.000 (angka penuh).                            amount).

       Fasilitas pinjaman ini memiliki tenor 5 (lima)                   This loan facility has a tenor of 5 (five) years
       tahun dan akan jatuh tempo pada tanggal                          and will mature on April 1, 2029. The principal
       1 April 2029. Pokok akan dibayarkan pada saat                    will be paid at maturity while interest payments
       jatuh tempo sedangkan pembayaran bunga akan                      will be paid every 3 months.
       dibayarkan setiap 3 bulan.

       Fasilitas pinjaman telah dijamin dengan Standby                  The loan facility has been secured by a
       Letter of Credit (SBLC) yang diterbitkan oleh KB                 Standby Letter of Credit (SBLC) issued by KB
       Kookmin Bank, Singapore Branch, yang                             Kookmin Bank, Singapore Branch, providing
       menyediakan perlindungan menyeluruh hingga                       the        aggregate     coverage       up      to
       USD300.000.000 (angka penuh). SBLC ini                           USD300,000,000 (full amount). This SBLC
       memberikan jaminan pembayaran kepada pihak                       provides a payment guarantee to the lender,
       pemberi kredit, memastikan bahwa kewajiban                       ensuring that the credit obligations will be
       kredit akan terpenuhi sesuai dengan ketentuan                    fulfilled in accordance with the applicable terms.
       yang berlaku.

       Untuk periode yang berakhir 31 Desember 2024                     For the year ended December 31, 2024 there
       tidak ada pembayaran pokok kepada The Korea                      has been no payment made for the principal
       Development Bank, Singapore Branch.                              payment to The Korea Development Bank,
                                                                        Singapore Branch.

       Untuk tahun yang berakhir 31 Desember 2024                       For the year ended December 31, 2024 the
       total pembayaran yang dilakukan atas bunga                       total payment made for the interest payment to
       pinjaman kepada The Korea Development Bank,                      The Korea Development Bank, Singapore
       Singapore     Branch      adalah    sebesar                      Branch were USD9,049,648 (full amount)
       USD9.049.648 (angka penuh) (Rp145.654).                          (Rp145,654).

    m. Lain-lain                                                    m. Others

       Pinjaman lain-lain adalah pinjaman yang diterima                 Other    borrowings     represent borrowings
       oleh PT KB Bukopin Finance (entitas anak)                        received by PT KB Bukopin Finance
       dalam Rupiah yang berasal dari:                                  (a subsidiary) in Rupiah from:
                                               2024                 2023
       Pihak ketiga:                                                           Third parties:
       PT Bank Oke Indonesia Tbk                   94.895                    - PT Bank Oke Indonesia Tbk
       Total                                       94.895                    - Total


       PT Bank Oke Indonesia Tbk                                        PT Bank Oke Indonesia Tbk

       Pada tanggal 8 Oktober 2024, entitas anak                        On October 8 2024, the subsidiary obtained a
       memperoleh fasilitas Pinjaman Modal Kerja -                      Working Capital - Installment Loan facility with
       Installment dengan sifat kredit Non-Revolving,                   Non-Revolving credit characteristics, from Bank
       dari Bank Oke, dengan maksimum pinjaman                          Oke,       with     a    maximum       loan    of
       sebesar Rp100.000.000.000. (angka penuh)                         Rp100,000,000,000 (full amount). This facility is
       Fasilitas ini digunakan untuk tambahan modal                     used for additional working capital for
       kerja untuk penyaluran pembiayaan pada                           distribution of financing to Corporate Financing,
       Pembiayaan Corporate, Pembiayaan Usaha                           Financing for Micro, Small and Medium
       Mikro, Kecil Menengah (UMKM) atau Koperasi                       Enterprises (MSMEs) or Cooperatives for
       Usaha Mikro, Keci Menengah atau Penduduk                         Micro, Small and Medium Enterprises or Low
       Berpenghasilan     Rendah    (PBR).   Fasilitas                  Income Residents (PBR). This loan facility
       pinjaman ini dikenakan bunga sebesar 8,75%                       bears interest of 8.75% per year. The term of
       per tahun. Jangka waktu perjanjian kredit 36                     the credit agreement is 36 months.
       bulan.

                                                      - 135 -
Page 626
PT BANK KB BUKOPIN TBK                                                                                                         PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                       AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                                 Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                                            For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                                  (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                                         otherwise stated)
lain)


24. Surat Berharga yang Diterbitkan                                                                24. Marketable Securities Issued

    a.   Berdasarkan jenis                                                                                a.    By type
                                                                          31 Desember/December 31, 2024

                                                                                               Jangka waktu      Tingkat bunga
                                                                                                suku bunga/        per tahun/     Nilai tercatat/
                                        Wali amanat/      Peringkat/         Jatuh tempo/       Interest rate     Interest rate     Carrying
                                         Arranger          Rating              Maturity            period          per annum         amount

          Obligasi Subordinasi
              Berkelanjutan III                                                                                                                        Shelf-registered
              Bank KB Bukopin                                                                                                                             Subordinated Bond III
              Tahap I Tahun 2021        PT Bank Mandiri         idAA      9 September 2026/                                                               Bank KB Bukopin
              Seri A                      (Persero) Tbk     (Pefindo)     September 9, 2026                60                8             315.000        Tranche I Year 2021 A Series
          Obligasi Subordinasi
              Berkelanjutan III                                                                                                                        Shelf-registered
              Bank KB Bukopin                                                                                                                             Subordinated Bond III
              Tahap I Tahun 2021        PT Bank Mandiri         idAA      9 September 2028/                                                               Bank KB Bukopin
              Seri B                      (Persero) Tbk     (Pefindo)     September 9, 2028                84               8,9            685.000        Tranche I Year 2021 B Series
          Obligas Senior                Hongkong and                                                                                                   Shelf-registered
              Global Bonds           Shanghai Banking            BBB      30 Oktober 2027/                                                                Global Bonds
              Tahun 2024            Corporation Limited        (Fitch)    October 30, 2027                 36            5.658           4.828.500        Year 2024
          Dikurangi: Biaya emisi                                                                                                                       Less: Unamortized
              yang belum diamortisasi                                                                                                       (38.342)      issuance cost

                                                                                                                                         5.790.158



                                                                          31 Desember/December 31, 2023

                                                                                               Jangka waktu      Tingkat bunga
                                                                                                suku bunga/        per tahun/     Nilai tercatat/
                                        Wali amanat/      Peringkat/         Jatuh tempo/       Interest rate     Interest rate     Carrying
                                         Arranger          Rating              Maturity            period          per annum         amount

          Rupiah:                                                                                                                                      Rupiah:
          Obligasi Subordinasi                                                                                                                         Shelf-registered
              Berkelanjutan II                                                                                                                            Subordinated Bond II
              Bank KB Bukopin           PT Bank Mandiri          idA-      28 Februari 2024/                                                              Bank KB Bukopin
              Tahap II Tahun 2017         (Persero) Tbk     (Pefindo)     February 28, 2024                84               11           1.405.000        Tranche II Year 2017
          Obligasi Senior                                                                                                                              Shelf-registered
              Berkelanjutan I                                                                                                                             Senior Bond I
              Bank KB Bukopin           PT Bank Mandiri       idnAAA      9 September 2024/                                                               Bank KB Bukopin
              Tahap I Tahun 2021          (Persero) Tbk         (Fitch)   September 9, 2024                36             6,25           1.000.000        Tranche I Year 2021
          Obligasi Subordinasi
              Berkelanjutan III                                                                                                                        Shelf-registered
              Bank KB Bukopin                                                                                                                             Subordinated Bond III
              Tahap I Tahun 2021        PT Bank Mandiri         idAA      9 September 2026/                                                               Bank KB Bukopin
              Seri A                      (Persero) Tbk     (Pefindo)     September 9, 2026                60                8             315.000        Tranche I Year 2021 A Series
          Obligasi Subordinasi
              Berkelanjutan III                                                                                                                        Shelf-registered
              Bank KB Bukopin                                                                                                                             Subordinated Bond III
              Tahap I Tahun 2021        PT Bank Mandiri         idAA      9 September 2028/                                                               Bank KB Bukopin
              Seri B                      (Persero) Tbk     (Pefindo)     September 9, 2028                84               8,9            685.000        Tranche I Year 2021 B Series
          Dikurangi: Biaya emisi                                                                                                                       Less: Unamortized
              yang belum diamortisasi                                                                                                        (7.412)      issuance cost

                                                                                                                                         3.397.588



         Pada tanggal 28 Februari 2017, Bank                                                                    On February 28, 2017, the Bank issued Shelf-
         menerbitkan     dan     mencatatkan      Obligasi                                                      registered Subordinated Bond II Bank KB
         Subordinasi Berkelanjutan II Bank KB Bukopin                                                           Bukopin Tranche II Year 2017 amounting to
         Tahap II tahun 2017 sebesar Rp1.405.000                                                                Rp1,405,000 with 11% fixed interest per annum
         dengan tingkat bunga tetap sebesar 11% per                                                             and has 7 (seven) years tenor since issuance
         tahun dan berjangka waktu 7 (tujuh) tahun sejak                                                        date. The bond is listed on the Indonesia Stock
         tanggal emisi. Obligasi ini dicatat di Bursa Efek                                                      Exchange. The bond’s interest will be paid on
         Indonesia. Bunga obligasi dibayarkan setiap 3                                                          quarterly basis.
         (tiga) bulan.

         Pembayaran bunga obligasi pertama telah                                                                The first interest payment was made on
         dilakukan pada tanggal 29 Mei 2017,                                                                    May 29, 2017, while the last interest payment
         sedangkan pembayaran bunga obligasi terakhir                                                           and due date of the bond’s principal will be
         sekaligus jatuh tempo pokok obligasi akan                                                              made on February 28, 2024 (on February 27,
         dilakukan pada tanggal 28 Februari 2024 (pada                                                          2024, the Bank has repaid the Bonds).
         tanggal 27 Februari 2024 Bank telah melunasi
         Obligasi tersebut).
         Pada tanggal 9 September 2021, Bank                                                                    On September 9, 2021, the Bank issued Shelf-
         menerbitkan     dan   mencatatkan    Obligasi                                                          registered Bond I Bank KB Bukopin Tranche I
         Berkelanjutan I Bank KB Bukopin Tahap I tahun                                                          Year 2021 amounting to Rp1,000,000 with
         2021 sebesar Rp1.000.000 dengan tingkat                                                                6.25% fixed interest per annum and has 3
         bunga tetap sebesar 6,25% per tahun dan                                                                (three) years tenor since issuance date. The
         berjangka waktu 3 (tiga) tahun sejak tanggal                                                           bond is listed on the Indonesia Stock
         emisi. Obligasi ini dicatat di Bursa Efek                                                              Exchange. The bond’s interest will be paid on
         Indonesia. Bunga obligasi dibayarkan setiap 3                                                          quarterly basis.
         (tiga) bulan.


                                                                                         - 136 -
Page 627
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)


24. Surat Berharga yang Diterbitkan (lanjutan)                      24. Marketable Securities Issued (continued)
    a.   Berdasarkan jenis (lanjutan)                                  a.   By type (continued)
         Pembayaran bunga obligasi pertama telah                            The first interest payment was made on
         dilakukan pada tanggal 9 Desember 2021,                            December 9, 2021, while the last interest
         sedangkan pembayaran bunga obligasi terakhir                       payment and due date of the bond’s principal
         sekaligus jatuh tempo pokok obligasi akan                          will be made on September 9, 2024. (on
         dilakukan pada tanggal 9 September 2024.                           September 6, 2024, the Bank has repaid the
         (pada tanggal 6 September 2024 Bank telah                          Bonds).
         melunasi Obligasi tersebut).

         Pada tanggal 9 September 2021, Bank                                On September 9, 2021, the Bank issued Shelf-
         menerbitkan     dan    mencatatkan       Obligasi                  registered Subordinated Bond III Bank KB
         Subordinasi Berkelanjutan III Bank KB Bukopin                      Bukopin Tranche I Year 2021 Series A
         Tahap I tahun 2021 Seri A sebesar Rp315.000                        amounting to Rp315,000 with 8% fixed interest
         dengan tingkat bunga tetap sebesar 8% per                          per annum and has 5 (five) years tenor since
         tahun dan berjangka waktu 5 (lima) tahun sejak                     issuance date. The bond is listed on the
         tanggal emisi. Obligasi ini dicatat di Bursa Efek                  Indonesia Stock Exchange. The bond’s interest
         Indonesia. Bunga obligasi dibayarkan setiap 3                      will be paid on quarterly basis.
         (tiga) bulan.
         Pembayaran bunga obligasi pertama telah                            The first interest payment was made on
         dilakukan pada tanggal 9 Desember 2021,                            December 9, 2021, while the last interest
         sedangkan pembayaran bunga obligasi terakhir                       payment and due date of the bond’s principal
         sekaligus jatuh tempo pokok obligasi akan                          will be made on September 9, 2026.
         dilakukan pada tanggal 9 September 2026.

         Pada tanggal 9 September 2021, Bank                                On September 9, 2021, the Bank issued Shelf-
         menerbitkan      dan   mencatatkan        Obligasi                 registered Subordinated Bond III Bank KB
         Subordinasi Berkelanjutan III Bank KB Bukopin                      Bukopin Tranche I Year 2021 Series B
         Tahap I tahun 2021 Seri B sebesar Rp685.000                        amounting to Rp685,000 with 8.9% fixed
         dengan tingkat bunga tetap sebesar 8,9% per                        interest per annum and has 7 (seven) years
         tahun dan berjangka waktu 7 (tujuh) tahun                          tenor since issuance date. The bond is listed on
         sejak tanggal emisi. Obligasi ini dicatat di Bursa                 the Indonesia Stock Exchange. The bond’s
         Efek Indonesia. Bunga obligasi dibayarkan                          interest will be paid on quarterly basis.
         setiap 3 (tiga) bulan.
         Pembayaran bunga obligasi pertama telah                            The first interest payment was made on
         dilakukan pada tanggal 9 Desember 2021,                            December 9, 2021, while the last interest
         sedangkan pembayaran bunga obligasi terakhir                       payment and due date of the bond’s principal
         sekaligus jatuh tempo pokok obligasi akan                          will be made on September 9, 2028.
         dilakukan pada tanggal 9 September 2028.

         Pada tanggal 30 Oktober 2024, Bank                                 On October 30, 2024, the Bank issued Shelf
         menerbitkan dan mencatatkan Obligasi Senior                        registered Senior Unsecured Notes (Global
         Unsecured Notes sebesar USD 300.000.000                            Bonds) amounting to USD 300.000.000
         (angka penuh) (Rp4.828.500) dengan tingkat                         (full amount) (Rp4,828,500) which bears fixed
         bunga tetap sebesar 5,658% per tahun dan                           interest rate of 5.658% per annum and has 3
         berjangka waktu 3 (tiga) tahun sejak tanggal                       (three) years tenor since issuance date. The
         emisi. Obligasi ini dicatat di Bursa Efek                          bond is listed on the Singapore Stock
         Singapura. Bunga obligasi dibayarkan setiap 6                      Exchange. The bond's interest will be paid on
         (enam) bulan.                                                      semi annual basis.

         Pembayaran bunga obligasi pertama akan                             The first bond interest payment will be made on
         dilakukan pada tanggal 30 April 2025,                              April 30, 2025, while the last interest payment
         sedangkan pembayaran bunga obligasi terakhir                       and due date of bond’s principal will be made
         sekaligus jatuh tempo pokok obligasi akan                          on October 30, 2027.
         dilakukan pada tanggal 30 Oktober 2027.

         Bank menerbitkan obligasi senior dan obligasi                      The Bank issued senior bond and subordinated
         subordinasi     untuk       mengembangkan                          bond to expand its financing and to strengthen
         pembiayaan    dan     memperkuat     struktur                      long term funding structure of the Bank.
         pendanaan jangka panjang Bank.




                                                          - 137 -
Page 628
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


24. Surat Berharga yang Diterbitkan (lanjutan)                   24. Marketable Securities Issued (continued)
    a.    Berdasarkan jenis (lanjutan)                              a.   By type (continued)

          Obligasi subordinasi ini tidak dijamin dengan                  The subordinated bond is not guaranteed with
          suatu agunan khusus, akan tetapi dijamin                       specific collateral, but guaranteed with all
          dengan seluruh harta kekayaan Bank, yang                       assets of the Bank, that exist in the present or
          telah ada maupun yang akan ada di kemudian                     in the future, whether fixed or non-fixed assets
          hari, baik barang bergerak maupun barang                       in accordance with the provisions of article 1131
          tidak bergerak sesuai dengan ketentuan dalam                   and 1132 of the Civil Laws.
          pasal 1131 dan 1132 Kitab Undang-undang
          Hukum Perdata.

          Perjanjian obligasi subordinasi mencakup                       The subordinated bond agreement includes
          beberapa pembatasan, antara lain mengenai                      several covenants, such as, the prohibition of
          larangan pengurangan modal dasar, modal                        reduction of authorized capital, issued and paid-
          ditempatkan dan modal disetor, penggabungan                    up capital, merger, related party transactions,
          dan atau peleburan usaha, transaksi dengan                     borrowings and bonds issuance.
          pihak berelasi, pinjaman dan penerbitan
          obligasi.

          Untuk tahun yang berakhir 31 Desember 2024,                    For the year ended December 31, 2024, the
          Bank telah memenuhi ketentuan tentang                          Bank has fulfilled the clauses related to the
          pembatasan        kewajiban      sebagaimana                   covenant and obligations according to the
          disepakati dalam Perjanjian Perwaliamanatan.                   Bonds Trustee Agreements.

          Untuk tahun yang berakhir 31 Desember 2024,                    For the year ended December 31, 2024, the
          Bank telah melakukan pembayaran bunga                          Bank has paid the interest of the bond on a
          obligasi secara tepat waktu.                                   timely basis.

    b.    Berdasarkan mata uang                                     b.   By currency
                                                2024                 2023

          Rupiah                                 1.000.000            3.405.000 Rupiah

          Mata uang asing:                                                      Foreign currencies:
          Dolar Amerika Serikat                  4.828.500                    - United States Dollar

                                                 5.828.500            3.405.000

          Dikurangi : Biaya emisi                                                  Less : Unamortized
             yang belum diamortisasi               (38.342)              (7.412)       issuance cost

                                                 5.790.158            3.397.588



25. Estimasi Kerugian Komitmen dan Kontinjensi                   25. Estimated Losses          On       Commitments   and
                                                                     Contingencies

    a. Estimasi kerugian komitmen dan kontinjensi                   a.   Estimated losses        on     commitments   and
                                                                         contingencies
                                                2024                 2023

         Fasilitas kredit yang diberikan
           dan pembiayaan/piutang                                               Unused loans and sharia
           syariah yang                                                           financing/receivables
           belum digunakan                         15.567                19.672   facilities
         Bank Garansi yang diterbitkan              1.379                 2.712   Bank Guarantees issued
         L/C tidak dapat dibatalkan                   371                   318   Irrevocable L/C

                                                   17.317                22.702




                                                       - 138 -
Page 629
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


25. Estimasi Kerugian Komitmen dan Kontinjensi                   25. Estimated Losses On Commitments                and
    (lanjutan)                                                       Contingencies (continued)

    b.   Perubahan estimasi kerugian komitmen dan                    b. Movements in the estimated losses on
         kontinjensi                                                    commitments and contingencies
                                                2024                  2023

            Saldo Awal                             22.702                24.701 Beginning balance
            Penyisihan pembentukan                                               Provision of additional
              (pembalikan) cadangan                                                (reversal) of allowance
              selama tahun berjalan                 (5.385)              (1.999)   during the years

            Saldo akhir                            17.317                22.702 Ending Balance



26. Liabilitas Lain-Lain                                         26. Other Liabilities

                                                2024                  2023

    Pihak ketiga                                                                  Third parties
    Rupiah:                                                                       Rupiah:
    Titipan debitur                               316.037               380.088   Debtor’s deposits
    Utang kesejahteraan karyawan                  190.519               206.372   Employee benefits payable
    Bunga masih harus dibayar                     131.655               151.367   Interest payables
    Liabilitas estimasi untuk                                                     Estimated liability for
         kesejahteraan                                                               employee service
         karyawan (Catatan 37)                    103.564               100.344      entitlements (Note 37)
    Setoran jaminan                                20.965                30.700   Guarantee deposits
    Lain-lain                                     726.245               669.941   Others

                                                 1.488.985            1.538.812

    Mata uang asing:                                                            Foreign currencies:
    Bunga masih harus dibayar                     144.579                26.221 Interest payables
    Setoran jaminan                                     -                   130 Guarantee deposits
    Lain-lain                                       4.838                 4.977 Others

                                                  149.417                31.328
    Total                                        1.638.402            1.570.140 Total



    Utang    kesejahteraan     karyawan       meliputi               Employee benefits payable represents accrual for
    pencadangan tunjangan, bonus dan tantiem.                        allowances, bonus and tantiem.

    Bunga masih harus dibayar merupakan beban                        Interests payable represent interest expense for
    bunga simpanan nasabah, simpanan dari bank lain,                 customer deposits, deposits from other banks,
    pinjaman yang diterima, dan surat berharga yang                  borrowings, and securities issued.
    diterbitkan.

    Titipan debitur merupakan dana dari debitur untuk                Debtor’s deposit represents fund from debtors for
    administrasi kredit, seperti biaya notaris dan                   loan administration, such as notary and insurance
    asuransi, yang akan dibayarkan kepada pihak                      expenses, which will be paid to third parties.
    ketiga.

    Setoran jaminan merupakan titipan debitur terkait                Guarantee deposits represent debtor’s funds for
    dengan penerbitan Bank garansi, Letters of Credit,               issuance of Bank guarantee, Letters of Credit,
    Surat Kredit Berdokumen Dalam Negeri (SKBDN),                    Domestic Letters of Credit (SKBDN), and safe
    dan safe deposit box.                                            deposit box.

    Lain-lain terdiri dari pendapatan provisi Letters of             Others consist of fees and commission from Letters
    Credit yang diamortisasi sesuai dengan jangka                    of Credit which are amortized during the period and
    waktu dan lain-lain.                                             others.




                                                       - 139 -
Page 630
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


27. Ekuitas                                                      27. Equity
    a.   Modal saham                                                a.   Share capital
         Dana Setoran Modal                                              Capital Deposit Fund

         Pada 19 Desember 2022, Bank mengirimkan                         On December 19, 2022, the Bank sent a
         Surat Permohonan kepada Otoritas Jasa                           Request for Approval Letter to the Financial
         keuangan    dengan     perihal     Permohonan                   Services Authority regarding the Approval
         Persetujuan Pengakuan Dana Setoran Modal                        Request for the Recognition of Deposit Funds
         PUT VII sebagai Modal Inti (Tier 1), dan pada                   for LPO VII Capital as Core Capital (Tier 1), and
         20   Desember     2022      OJK      menyetujui                 on December 20, 2022, OJK approved the Bank
         permohonan Bank untuk Dana Setoran Modal                        application for Deposit Funds for LPO VII
         PUT VII sebagai Modal Inti (Tier 1).                            Capital as Core Capital (Tier 1).

         Total Dana Setoran Modal yang disetujui OJK                     The total Capital Deposit Fund approved by
         pada Modal Inti (Tier 1) adalah sebesar                         OJK for Core Capital (Tier 1) is Rp3,000,000
         Rp3.000.000 yang akan dicatatkan pada Modal                     which will be recorded in the Bank Core Capital
         Inti (Tier 1) Bank. Dana Setoran Modal sebesar                  (Tier 1). The Capital Deposit Fund of
         Rp3.000.000 tersebut telah disetorkan pada                      Rp3,000,000 was paid on December 19, 2022
         tanggal 19 Desember 2022 dan telah dicatat                      and has been recorded as an advance for future
         sebagai uang muka setoran modal. Pada tahun                     shares subscription. On 2023 the capital
         2023 uang muka modal tersebut telah                             advance had been realized into issued and
         direalisasikan menjadi modal ditempatkan dan                    paid-up capital.
         disetor.

         Penawaran Umum Terbatas (PUT) VII                               Limited Public Offering (LPO) VII

         Berdasarkan surat OJK No. S-113/D.04/2023                       Based on OJK’s letter No. S-113/D.04/2023
         tanggal 5 Mei 2023, Bank telah mendapat                         dated May 5, 2023, the Bank has received an
         Pernyataan Efektif pelaksanaan PUT VII dari                     Effective Statement of LPO VII Implementation
         OJK.                                                            from OJK.

         Bank menerbitkan 119.999.999.692 (nilai                         The Bank issued 119,999,999,692 (full amount)
         penuh) lembar saham kelas B dengan nilai                        class B shares with nominal value of Rp100 (full
         nominal Rp100 (nilai penuh) per lembar saham                    amount) per share with Exercise Price of Rp100
         dengan Harga Pelaksanaan Rp100 (nilai                           (full amount) per share for a total of
         penuh) per lembar saham sehingga seluruhnya                     Rp11,999,999,969,200 (full amount).
         berjumlah Rp11.999.999.969.200 (nilai penuh).

         Dana yang berhasil dihimpun dalam PUT VII                       Total fund that has been gathered from LPO VII
         sebesar Rp11.999.999.969.200 (nilai penuh)                      amounting to Rp11,999,999,969,200 (full
         yang dicatat dalam Modal Disetor di posisi                      amount) is recognized as Additional paid-in
         ekuitas yang sudah termasuk uang muka                           capital in the Bank’s Equity which has been
         setoran modal yang telah dikonversi menjadi                     included in the realized capital advance into
         modal disetor sebesar Rp3.000.000 pada                          issued and paid-up capital amounting to
         tanggal 5 Mei 2023.                                             Rp3,000,000 at May 5, 2023.

         Berdasarkan hasil keputusan rapat Dewan                         Based on the decisions of the Board of Directors
         Direksi dan Dewan Komisaris yang dinyatakan                     and Board of Commissioners meetings which
         dalam akta notaris No. 33 tanggal 9 Juni 2023                   were covered by notarial deed No. 33 dated
         dari Notaris Aulia Taufani, S.H., jumlah modal                  June 9, 2023 of Notary Aulia Taufani, SH, the
         ditempatkan dan disetor penuh terdiri dari                      number of fully paid capital consists of
         21.337.978 saham kelas A dengan total                           21,337,978 common A shares with a total value
         sebesar Rp213.379.780.000 (nilai penuh) dan                     of Rp213,379,780,000 (full amount) and
         187.866.201.892 saham kelas B dengan total                      187,866,201,892 common B shares with a total
         sebesar Rp18.786.620.189.200 (nilai penuh).                     value of Rp18,786,620,189,200 (full amount).
         Perubahan ini telah diterima oleh Menteri                       These changes have been accepted by the
         Hukum dan Hak Asasi Manusia Republik                            Minister of Justice and Human Rights of the
         Indonesia dengan Surat Keputusan No. AHU-                       Republic of Indonesia with Decision Letter No.
         AH.01.03-0075748 tanggal 12 Juni 2023.                          AHU-AH.01.03-0075748 dated June 12, 2023.




                                                       - 140 -
Page 631
PT BANK KB BUKOPIN TBK                                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                  otherwise stated)
lain)


27. Ekuitas (lanjutan)                                                        27. Equity (continued)

    a.     Modal saham (lanjutan)                                                  a.   Share capital (continued)

               Penawaran       Umum         Terbatas     (PUT)    VII                   Limited Public Offering (LPO) VII (continued)
               (lanjutan)

           Susunan pemegang saham Bank pada tanggal                                     The Bank’s shareholders as at December 31,
           31 Desember 2024 sebagai berikut:                                            2024 are as follows:
                                                                   Persentase           Jumlah Modal
                                                Jumlah Saham       Kepemilikan           Ditempatkan
                                                 (Nilai Penuh)/   31 Des 2024/           dan Disetor
                                                   Number of      Percentage of         Penuh/Issued
                                                     Shares         Ownership             and Fully
                                                 (Full Amount)    Dec 31, 2024           Paid Capital

           I. Saham Biasa Kelas A                                                                         I.    Common A Shares
              (Rp10.000 (nilai penuh)                                                                           (Rp10,000 (full amount)
                 per lembar saham)                                                                                per share)
              PT Perusahaan Pengelola Aset                                                                      PT Perusahaan Pengelola Aset
                (Persero)                             4.736.255           0,00 %                47.363            (Persero)
              Masyarakat (masing-masing                                                                         Public (Individual ownership of
                kepemilikan kurang dari 5%)          16.601.723           0,01 %               166.017            less than 5%)

                Total saham biasa kelas A            21.337.978           0,01 %               213.380          Total common A shares

         II.    Saham Biasa Kelas B                                                                       II.   Common B Shares
                (Rp100 (nilai penuh)                                                                            (Rp100 (full amount)
                  per lembar saham)                                                                               per share)
                Kookmin Bank Co., Ltd           125.655.736.951          66,87 %             12.565.574         Kookmin Bank Co., Ltd
                STIC Eugene Star Holdings Inc    31.900.000.000          16,98 %              3.190.000         STIC Eugene Star Holdings Inc
                PT Perusahaan Pengelola Aset                                                                    PT Perusahaan Pengelola Aset
                  (Persero)                       1.034.232.376           0,55 %               103.423            (Persero)
                Jung Ho Han (Direktur)               11.983.400           0,00 %                 1.198          Jung Ho Han (Director)
                Woo Yeul Lee (Direktur Utama)        11.801.000           0,00 %                 1.180          Woo Yeul Lee (President Director)
                Robby Mondong                                                                                   Robby Mondong
                  (Wakil Direktur Utama)              5.107.000           0,00 %                   511            (Deputy President Director)
                Helmi Fahrudin (Direktur)             2.483.951           0,00 %                   248          Helmi Fahrudin (Director)
                Seng Hyup Shin                                                                                  Seng Hyup Shin
                  (Wakil Komisaris Utama)             2.300.000           0,00 %                   230            (Deputy President Commisioner)
                Dodi Widjajanto (Direktur)            2.000.088           0,00 %                   200          Dodi Widjajanto (Director)
                Henry Sawali (Direktur)               1.600.000           0,00 %                   160          Henry Sawali (Director)
                Masyarakat (masing-masing                                                                       Public (Individual ownership of
                  kepemilikan kurang dari 5%)    29.238.957.126          15,59 %              2.923.896           less than 5%)

                Total saham biasa kelas B       187.866.201.892          99,99 %             18.786.620         Total common B shares

                Total saham biasa               187.887.539.870         100,00 %             19.000.000         Total common shares




           Susunan pemegang saham Bank pada tanggal                                     The Bank’s shareholders as at December 31,
           31 Desember 2023 sebagai berikut:                                            2023 are as follows:

                                                                   Persentase           Jumlah Modal
                                                Jumlah Saham       Kepemilikan           Ditempatkan
                                                 (Nilai Penuh)/   31 Des 2023/           dan Disetor
                                                   Number of      Percentage of         Penuh/Issued
                                                     Shares         Ownership             and Fully
                                                 (Full Amount)    Dec 31, 2023           Paid Capital

           I. Saham Biasa Kelas A                                                                         I.    Common A Shares
              (Rp10.000 (nilai penuh)                                                                           (Rp10,000 (full amount)
                 per lembar saham)                                                                                per share)
              PT Perusahaan Pengelola Aset                                                                      PT Perusahaan Pengelola Aset
                (Persero)                             4.736.255           0,00 %                47.363            (Persero)
              Masyarakat (masing-masing                                                                         Public (Individual ownership of
                kepemilikan kurang dari 5%)          16.601.723           0,01 %               166.017            less than 5%)

                Total saham biasa kelas A            21.337.978           0,01 %               213.380          Total common A shares




                                                                    - 141 -
Page 632
PT BANK KB BUKOPIN TBK                                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                  otherwise stated)
lain)


27. Ekuitas (lanjutan)                                                        27. Equity (continued)

    a.     Modal saham (lanjutan)                                                  a.   Share capital (continued)

               Penawaran       Umum         Terbatas     (PUT)    VII                   Limited Public Offering (LPO) VII (continued)
               (lanjutan)

                                                                   Persentase           Jumlah Modal
                                                Jumlah Saham       Kepemilikan           Ditempatkan
                                                 (Nilai Penuh)/   31 Des 2023/           dan Disetor
                                                   Number of      Percentage of         Penuh/Issued
                                                     Shares         Ownership             and Fully
                                                 (Full Amount)    Dec 31, 2023           Paid Capital

         II.    Saham Biasa Kelas B                                                                       II.   Common B Shares
                (Rp100 (nilai penuh)                                                                            Rp100 (full amount)
                  per lembar saham)                                                                               per share)
                Kookmin Bank Co., Ltd           125.655.736.951          66,87 %             12.565.574         Kookmin Bank Co., Ltd
                STIC Eugene Star Holdings Inc    31.900.000.000          16,98 %              3.190.000         STIC Eugene Star Holdings Inc
                PT Perusahaan Pengelola Aset                                                                    PT Perusahaan Pengelola Aset
                  (Persero)                       1.034.232.376           0,55 %               103.423            (Persero)
                Woo Yeul Lee (Direktur Utama)         8.500.000           0,01 %                   850          Woo Yeul Lee (President Director)
                Koperasi Pegawai Bulog                                                                          Koperasi Pegawai Bulog
                  Seluruh Indonesia                   5.382.249           0,00 %                   538            Seluruh Indonesia
                Seng Hyup Shin (Direktur)             2.300.000           0,00 %                   230          Seng Hyup Shin (Director)
                Robby Mondong                                                                                   Robby Mondong
                  (Wakil Direktur Utama)              1.107.000           0,00 %                   111            (Deputy President Director)
                Dodi Widjajanto (Direktur)            1.000.088           0,00 %                   100          Dodi Widjajanto (Director)
                Yohanes Suhardi (Direktur)              574.800           0,00 %                    57          Yohanes Suhardi (Director)
                Helmi Fahrudin (Direktur)               482.951           0,00 %                    48          Helmi Fahrudin (Director)
                Henry Sawali (Direktur)                 200.000           0,00 %                    20          Henry Sawali (Director)
                Masyarakat (masing-masing                                                                       Public (Individual ownership of
                  kepemilikan kurang dari 5%)    29.256.685.477          15,58 %              2.925.669           less than 5%)

                Total saham biasa kelas B       187.866.201.892          99,99 %             18.786.620         Total common B shares

                Total saham biasa               187.887.539.870         100,00 %             19.000.000         Total common shares



               Semua saham yang dikeluarkan oleh Bank                                    All shares issued by the Bank entitle the
               adalah saham atas nama dan setiap saham                                   holder to have 1 (one) vote per share.
               mempunyai 1 (satu) hak suara.

    b.     Tambahan modal disetor - neto                                           b.   Additional paid-in capital - net

           Perubahan tambahan modal disetor adalah                                      The movements in additional paid in capital are
           sebagai berikut:                                                             as follow:

           Tambahan modal disetor yang berasal dari
           Penawaran saham perdana - neto                                  184.694       Additional paid-in-capital from IPO - net

           Saldo tambahan modal disetor - neto                                           Balance of additional paid-in-capital
              pada tanggal 31 Desember 2006                                184.694         - net as at December 31, 2006

           Tambahan modal disetor yang berasal dari                                      Additional paid-in-capital arising from
              eksekusi opsi saham - neto                                      33.138       the exercise of share options - net

           Saldo tambahan modal disetor - neto pada                                      Balance of additional paid-in-capital - net
              tanggal 31 Desember 2007                                     217.832         as at December 31, 2007

           Tambahan modal disetor yang berasal dari                                      Additional paid-in-capital arising from
              eksekusi opsi saham - neto                                          578      the exercise of share options - net

           Saldo tambahan modal disetor - neto pada                                      Balance of additional paid-in-capital
              tanggal 31 Desember 2008                                     218.410         - net as at December 31, 2008




                                                                    - 142 -
Page 633
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)



27. Ekuitas (lanjutan)                                         27. Equity (continued)

    b.   Tambahan modal disetor - neto (lanjutan)                 b.    Additional paid-in capital - net (continued)

         Perubahan tambahan modal disetor adalah                         The movements in additional paid in capital are
         sebagai berikut: (lanjutan)                                     as follow: (continued)
         Tambahan modal disetor yang berasal dari                        Additional paid-in-capital from
            Penawaran Umum Terbatas I - neto                   82.647      Limited Public Offering I - net

         Tambahan modal disetor yang berasal dari                        Additional paid-in-capital arising from
            eksekusi opsi saham - neto                          3.133      the exercise of share options - net

         Saldo tambahan modal disetor - neto                             Balance of additional paid-in-capital
            pada tanggal 31 Desember 2009                  304.190         - net as at December 31, 2009

         Tambahan modal disetor yang berasal dari                        Additional paid-in-capital arising from
            eksekusi opsi saham - neto                         55.439      the exercise of share options - net

         Saldo tambahan modal disetor - neto pada                        Balance of additional paid-in-capital
            tanggal 31 Desember 2010                       359.629         - net as at December 31, 2010

         Tambahan modal disetor yang berasal dari                        Additional paid-in-capital from
            Penawaran Umum Terbatas II - neto              727.852         Limited Public Offering II - net

         Tambahan modal disetor yang berasal dari                        Additional paid-in-capital arising from
            eksekusi opsi saham - neto                          6.838      the exercise of share options - net

         Saldo tambahan modal disetor - neto pada                        Balance of additional paid-in-capital
            tanggal 31 Desember 2011                     1.094.319         - net as at December 31, 2011

         Tambahan modal disetor yang berasal dari                        Additional paid-in-capital arising from
            eksekusi opsi saham - neto                          5.686      the exercise of share options - net

         Saldo tambahan modal disetor - neto pada                        Balance of additional paid-in-capital
            tanggal 31 Desember 2012                     1.100.005         - net as at December 31, 2012

         Tambahan modal disetor yang berasal dari                        Additional paid-in-capital from Limited
            Penawaran Umum Terbatas III - neto             281.522         Public Offering III - net
         Tambahan modal disetor yang berasal dari                        Additional paid-in-capital arising from
            eksekusi opsi saham - neto                          3.915    the exercise of share options - net

         Pembalikan cadangan opsi saham                                  Reversal of share option reverse
            yang telah gugur                                    8.599      which has been forfeited

         Saldo tambahan modal disetor - neto pada                        Balance of additional paid-in-capital
         tanggal 31 Desember 2013                        1.394.041       - net as at December 31, 2013

         Tambahan modal disetor yang berasal dari                        Additional paid-in-capital from
            Penawaran Umum Terbatas III - neto             330.028       Limited Public Offering III - net

         Saldo tambahan modal disetor - neto pada                        Balance of additional paid-in-capital
         tanggal 31 Desember 2014                        1.724.069       - net as at December 31, 2014

         Tambahan modal disetor yang berasal dari                        Additional paid-in-capital from Limited
            Penawaran Umum Terbatas IV - neto            1.199.869       Public Offering IV - net

         Saldo tambahan modal disetor - neto                             Balance of additional paid-in-capital
         pada tanggal 31 Desember 2018                   2.923.938       - net as at December 31, 2018




                                                     - 143 -
Page 634
PT BANK KB BUKOPIN TBK                                                                         PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                       AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                 Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                            For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                  (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                         otherwise stated)
lain)


27. Ekuitas (lanjutan)                                                27. Equity (continued)

    b.   Tambahan modal disetor - neto (lanjutan)                          b.     Additional paid-in capital - net (continued)

         Perubahan tambahan modal disetor adalah                                  The movements in additional paid in capital are
         sebagai berikut: (lanjutan)                                              as follow: (continued)
         Tambahan modal disetor yang berasal dari                                 Additional paid-in-capital from
            Penawaran Umum Terbatas V - neto                       372.861          Limited Public Offering V - net

         Tambahan modal disetor yang berasal                                      Additional paid-in-capital from
            dari PMTHMETD - neto                                  1.472.452         Private Placement - net

         Saldo tambahan modal disetor - neto                                      Balance of additional paid-in-capital
            pada tanggal 31 Desember 2020                         4.769.251         - net as at December 31, 2020

         Tambahan modal disetor yang berasal                                      Additional paid-in-capital from
            dari Penawaran Umun Terbatas VI - neto                3.517.177         Limited Public Offering VI - net

         Saldo tambahan modal disetor - neto                                      Balance of additional paid-in-capital
            pada tanggal 31 Desember 2022 dan                                       - net as at December 31, 2022 and
            31 Desember 2021                                      8.286.428         December 31, 2021

         Penggunaan tambahan modal disetor                                        Use of additional paid-in capital
            yang digunakan untuk biaya Penawaran                                    used for Limited Public Offering
            Umum Terbatas VII - neto                               (60.661)         costs VII - net

         Saldo tambahan modal disetor - neto                                      Balance of additional paid-in-capital
            pada tanggal 31 Desember 2024                                           - net as at December 31, 2024
            and 2023                                              8.225.767         and 2023


         Tambahan modal disetor berupa agio saham                               Additional paid-in capital arise from issuance of
         berasal dari penerbitan saham pada saat IPO,                           shares in IPO, LPO I, LPO II, LPO III, LPO IV,
         PUT I, PUT II, PUT III, PUT IV, PUT V,                                 LPO V, PP, LPO VI and LPO VII are as follow:
         PMTHMETD, PUT VI dan PUT VII sebagai
         berikut:
                                                    Harga Penawaran
                                                      (Nilai Penuh)
                                                       per Saham/
                                                     Offering Price          Jumlah
                                                     (Full Amount)        Lembar Saham/
                                                        per Share        Number of Shares

         IPO                                                      350          843.765.500          IPO
         PUT I                                                    415          286.050.768          LPO I
         PUT II                                                   520        1.787.960.495          LPO II
         PUT III                                                  660        1.106.252.141          LPO IIIl
         PUT IV                                                   570        2.565.288.316          LPO IV
         PUT V                                                    180        4.660.763.499          LPO V
         PMTHMETD                                                 190       16.360.578.947          PP
         PUT VI                                                   200       35.214.288.984          LPO VI
         PUT VII                                                  100      119.999.999.692          LPO VII


28. Kepentingan Non-Pengendali                                        28. Non-Controlling Interest

    Perubahan kepentingan non-pengendali atas aset                       Movements in the non-controlling interest’s share in
    neto entitas anak adalah sebagai berikut:                            the net assets of the subsidiaries are as follows:

                                                     2024                  2023

    Saldo awal                                         (26.146)                  (4.828) Beginning balance
    Bagian kepentingan                                                                   Net loss of subsidiaries
     non-pengendali atas                                                                   attributable to
     rugi bersih entitas anak                               531                 (21.318)   non-controlling interest

    Saldo akhir                                        (25.615)                 (26.146) Ending balance




                                                            - 144 -
Page 635
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)



29. Pendapatan Bunga Dan Syariah                               29. Interest And Sharia Income

    Pendapatan bunga diperoleh dari:                              Interest income is derived from the following:
                                              2024                 2023

    Rupiah:                                                                   Rupiah:
    Kredit yang diberikan                      3.091.011            2.867.896 Loans
    Surat-surat berharga                       1.065.926              897.932 Marketable securities
    Penempatan pada Bank                                                      Placements with Bank
     Bank Indonesia dan bank lain                136.528              114.055   Indonesia and other banks
    Surat-surat berharga yang dibeli                                          Purchased with agreements
     dengan janji dijual kembali                  42.742              123.417   to resell Bank
    Giro pada Bank Indonesia                      25.270               28.107 Current account with Bank Indonesia
                                                                              Current account with
    Giro pada bank lain                              722                1.230   other banks
    Tagihan lainnya                                  420                  135 Other receivables

    Sub-total                                  4.362.619            4.032.772 Sub-total

    Mata uang asing:                                                         Foreign currencies:
    Kredit yang diberikan                        484.633             252.183 Loans
    Surat-surat berharga                          58.329              31.270 Marketable securities
    Penempatan pada Bank                                                     Placements with Bank
     Indonesia dan bank lain                      25.402              58.135   Indonesia and other banks
                                                                             Current account with
    Giro pada bank lain                                -                   3   other banks
    Tagihan lainnya                                  290                 331 Other receivables

    Sub-total                                    568.654             341.922     Sub-total

    Total pendapatan bunga                     4.931.273            4.374.694 Total interest income
    Pendapatan syariah                           522.826              486.942 Sharia income

    Total                                      5.454.099            4.861.636 Total


    Pendapatan bunga dan syariah berdasarkan                      Interest and sharia income based on                  the
    klasifikasi aset keuangan adalah sebagai berikut:             classification of financial assets are as follows:

                                              2024                 2023

    Diukur pada biaya perolehan
     amortisasi                                5.023.311            4.575.624 Measured at amortized cost
    Diukur pada nilai wajar melalui                                           Fair value through
     laba rugi                                   354.770              230.219   profit and loss
    Diukur pada nilai wajar melalui                                           Fair value through other
     penghasilan komprehensif lain                76.018               55.793   comprehensive income

    Total                                      5.454.099            4.861.636 Total


    Termasuk dalam pendapatan bunga dari kredit yang              Interest income from loan include fees and
    diberikan adalah provisi dan komisi yang berkaitan            commission related to lending activities amortized
    dengan kegiatan pemberian kredit yang diamortisasi            using an effective interest rate method amounting to
    berdasarkan metode suku bunga efektif masing-                 Rp45,787 and Rp61,738 for the years ended
    masing sebesar Rp45.787 dan Rp61.738 untuk                    December 31, 2024 and 2023, respectively.
    tahun-tahun yang berakhir 31 Desember 2024 dan
    2023.

    Termasuk dalam pendapatan syariah adalah                      Sharia income includes income             from    sharia
    pendapatan atas pembiayaan syariah dan surat-                 financing and marketable securities.
    surat berharga.




                                                     - 145 -
Page 636
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)



30. Beban Bunga dan Syariah                                    30. Interest Expense and Sharia Charges
    Beban bunga dan syariah berasal dari:                         Interest expense and sharia charges are derived
                                                                  from:
                                              2024                 2023

    Rupiah:                                                                  Rupiah:
    Deposito berjangka                        1.664.056             1.747.716Time deposits
    Pinjaman yang diterima                      844.219               852.041Borrowings
    Tabungan                                    260.606               191.786Savings deposits
    Surat berharga yang diterbitkan             156.498               308.086Marketable securities issued
    Giro                                         64.226                36.462Demand deposits
                                                                             Marketable securities sold
    Surat berharga yang dijual                                                 with agreement
     dengan janji dibeli kembali                 51.428                4.525   to repurchase
    Simpanan dari bank lain                      16.025               13.949 Deposits from other banks

    Sub-total                                 3.057.058             3.154.565 Sub-total

    Mata uang asing:                                                            Foreign currencies:
    Simpanan dari bank lain                     392.830              427.869    Deposits from other banks
    Pinjaman yang diterima                      259.672               39.216    Borrowings
    Deposito berjangka                          190.200              123.030    Time deposits
    Surat berharga yang diterbitkan              53.713                    -    Marketable securities issued
    Giro                                         11.621                1.034    Demand deposits
    Tabungan                                        114                  996    Savings deposits

    Sub-total                                   908.150              592.145 Sub-total

    Total beban bunga                         3.965.208             3.746.710 Total interest expense
    Beban syariah                               336.166               306.044 Sharia charges

    Total                                     4.301.374             4.052.754 Total


    Sehubungan dengan liabilitas bank umum yang                   In connection with the commercial bank obligations
    dijamin oleh Program Penjaminan Pemerintah,                   guaranteed by Government Guarantee Program, the
    Pemerintah Republik Indonesia telah mendirikan                Indonesian Government has established an
    sebuah lembaga independen berdasarkan Undang-                 independent institution in accordance with the
    undang Republik Indonesia No. 24 tahun 2004                   Republic of Indonesia Law No. 24 year 2004 dated
    tanggal 22 September 2004. Berdasarkan peraturan              September 22, 2004. Under this Law, The Deposit
    ini, Lembaga Penjamin Simpanan (LPS) menjamin                 Guarantee      Institution  (Lembaga     Penjamin
    dana masyarakat termasuk dana dari bank lain                  Simpanan/LPS) guarantees third parties deposits
    dalam bentuk giro, deposito, sertifikat deposito,             including deposits from other banks in the form of
    tabungan    dan/atau     bentuk  lainnya   yang               demand deposits, time deposits, certificates of
    dipersamakan dengan itu.                                      deposit, saving deposits and/or other equivalent
                                                                  forms.
    Pada tanggal 13 Oktober 2008, Presiden Republik               On October 13, 2008, the President of the Republic
    Indonesia menetapkan Peraturan Pemerintah                     of Indonesia approved Government Regulation
    No. 66 Tahun 2008 tentang besaran nilai simpanan              No. 66 Year 2008 regarding the amount of deposits
    yang dijamin LPS. Berdasarkan peraturan tersebut,             guaranteed by LPS. Based on such regulation, the
    nilai simpanan yang dijamin untuk setiap nasabah              customers’ guaranteed deposit in a Bank which was
    pada satu Bank yang semula berdasarkan                        previously regulated under Law No. 24 Year 2004
    Undang-undang No. 24 Tahun 2004 ditetapkan                    amounted to a maximum of Rp100,000,000 (full
    maksimum Rp100.000.000 (nilai penuh) diubah                   amount) was amended to a maximum of
    menjadi maksimum Rp2.000.000.000 (nilai penuh).               Rp2,000,000,000 (full amount). As at December 31,
    Pada tanggal 31 Desember 2024 dan 2023, Bank                  2024 and 2023, the Bank was a participant of above
    adalah peserta dari program penjaminan tersebut.              guarantee program.

    Bank telah melakukan pembayaran premi Program                 The Bank has paid the premium on the Government
    Penjaminan Pemerintah terhadap Kewajiban                      Guarantee Program for Obligation of Commercial
    Pembayaran Bank Umum masing-masing sebesar                    Banks amounting to Rp82,152 and Rp98,812 for the
    Rp82.152 dan Rp98.812 untuk tahun-tahun yang                  years ended December 31, 2024 and 2023,
    berakhir pada tanggal 31 Desember 2024 dan 2023,              respectively, which was recorded as other financing
    yang dicatat sebagai beban pembiayaan lainnya.                charges.




                                                     - 146 -
Page 637
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)



31. Provisi dan Komisi Lainnya                                     31. Other Fees and Commissions
                                                 2024                  2023
    Imbalan jasa                                   125.764               152.278   Fees
    Jasa administrasi                               46.603                94.318   Administrative service charges
    Komisi merchant                                  4.515                 5.702   Merchant commission
    Lain-lain                                       53.066                81.434   Others

    Total                                          229.948               333.732 Total


    Imbalan jasa merupakan pendapatan yang berasal                    Fees represent fees for electricity, water, telephone,
    dari penerimaan imbalan atas pembayaran listrik,                  tax, trade financing and other payments made
    air, telepon, pajak, transaksi perdagangan dan lain-              through the Bank and fees from ATM transaction
    lain melalui Bank dan pendapatan imbalan atas                     with other banks.
    transaksi ATM dengan bank lain.

    Lain-lain merupakan pendapatan dari jasa-jasa yang                Others consist of fees from services provided by the
    diberikan oleh Bank yang antara lain meliputi                     Bank, which include among others income from
    pendapatan jasa pelayanan nasabah dan transaksi                   customer service and credit card transactions.
    kartu kredit.


32. Pemulihan Cadangan (Penyisihan)             Kerugian           32. Reversal   of   Allowance    (Provision)             For
    Penurunan Nilai Atas Aset Keuangan                                 Impairment Losses On Financial Assets

                                                 2024                  2023

    Surat-surat berharga (Catatan 7i)                   (171)                 (33) Marketable securities (Note 7i)
    Kredit yang diberikan dan                                                      Loans and Sharia financing/
     pembiayaan/piutang Syariah                  (3.372.975)           (5.466.917)   receivables
    Tagihan akseptasi                                   413                (1.402) Acceptance receivable
    Tagihan lainnya                                 (80.167)              (69.440) Other receivable

    Total                                        (3.452.900)           (5.537.792) Total




33. Beban Umum Dan Administrasi                                    33. General And Administrative Expenses

    Beban umum dan administrasi terdiri dari:                          General and administrative expenses consist of:
                                                 2024                  2023

    Perbaikan dan pemeliharaan                     226.638               198.995   Repairs and maintenance
    Penyusutan aset tetap (Catatan 13)             151.356               193.415   Depreciation of fixed assets (Note 13)
    Alih daya                                      122.887               151.973   Outsourcing
    Jasa profesional                               110.075               108.739   Professional fees
    Komunikasi                                      52.258                62.006   Communications
    Transportasi                                    36.401                35.290   Transportation
    Pendidikan dan pelatihan                        28.722                26.192   Education and training
    Iklan dan promosi                               25.225                23.015   Advertising and promotion
    Listrik dan air                                 24.276                27.162   Electricity and water
    Transaksi ATM                                   20.520                11.750   ATM transactions
    Interchange dan keanggotaan                                                    Card interchange and
      kartu                                         18.458                28.426      membership
    Amortisasi piranti lunak (Catatan 14)           15.082                67.175   Amortization of software (Note 14)
    Sewa                                            14.123               130.118   Rent
    Perlengkapan kantor                             13.713                10.982   Office supplies
    Beban Bunga - Aset Sewa                         10.588                15.795   Interest Expense - Lease
    Representasi                                     5.901                 4.499   Representation
    Asuransi                                         3.607                 5.835   Insurance
    Pengiriman uang                                  1.373                 2.008   Cash delivery
    Lain-lain                                      238.455               268.219   Others

    Total                                         1.119.658             1.371.594 Total




                                                         - 147 -
Page 638
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)



33. Beban Umum Dan Administrasi (lanjutan)                          33. General     And         Administrative     Expenses
                                                                        (continued)

    Interchange kartu merupakan biaya yang timbul dari                 Card interchange is cost from the transaction of
    transaksi kartu kredit dan debit dengan Visa                       credit and debit cards with Visa Electron and
    Electron dan MasterCard.                                           MasterCard.

    Lain-lain meliputi biaya kegiatan karyawan, biaya                  Others consist of employees’ activities expense,
    proses warkat kliring, biaya transaksi payment point,              clearing process expenses, payment point
    sumbangan dan hadiah dan lain-lain.                                transaction expenses, social contribution and gifts,
                                                                       and others.


34. Beban Gaji dan Tunjangan Karyawan                               34. Salaries and Employee Benefits Expenses

    Beban gaji dan tunjangan karyawan terdiri dari:                    Salaries and employee benefits expenses consist of:
                                                   2024                 2023

                                                                                    Salaries, incentives, and
    Gaji, insentif, dan lembur                        445.641               426.276   overtime payments
    Tunjangan karyawan                                258.532               240.938 Employee benefits
    Asuransi karyawan                                  76.378                50.254 Employee insurance
    Dana pensiun                                       40.332                43.921 Pension benefits
    Beban (penghasilan) imbalan                                                     Provision for post employement and
        pasca-kerja dan jangka                                                        other long-term benefits expense
        panjang lainnya (Catatan 37)                    3.343                48.587   (Note 37)

    Total                                             824.226               809.976 Total


    Berikut ini adalah beban gaji dan tunjangan-                       Outlined below are salaries other benefits for the
    tunjangan untuk pengurus dan pejabat eksekutif                     management and executive officers (Note 38):
    (Catatan 38):
                                                   2024                 2023

    Dewan Komisaris                                     4.405                 5.757 Board of Commissioners
    Direksi                                            12.009                16.625 Board of Directors
    Lain-lain *)                                       34.665                34.310 Others *)

                                                       51.079                56.692
    Pajak                                               7.661                10.768 Tax

    Total                                              58.740                67.460 Total


    *)   Termasuk pejabat eksekutif, komite audit dan lain-            *)    Including executive officers, audit committee and
         lain.                                                               others.


35. Pendapatan (Beban) Non-operasional - Neto                       35. Non-operating Income (Expense) - Net
                                                   2024                 2023
    Kerugian dari penjualan                                                           Loss on sale of
      aset tetap (Catatan 13)                          (8.380)                (5.700)   fixed assets (Note 13)
    Keuntungan (kerugian) dari penjualan                                              Gain (loss) on sale of
      agunan yang diambil alih                        (43.618)                (5.674)   foreclosed assets
    Lain-lain - neto                                  (66.035)              (116.811) Others - net

    Total                                           (118.033)               (128.185) Total


    Lain-lain terdiri dari denda yang timbul dari transaksi            Others consist of tax penalty, loan commitment
    perpajakan, komitmen kredit dan lain-lain.                         penalty and others.




                                                          - 148 -
Page 639
PT BANK KB BUKOPIN TBK                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                        AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                  Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                             For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                   (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                          otherwise stated)
lain)



36. Informasi Segmen                                                    36. Segment Information

    a.   Bidang usaha                                                      a.   Business activities
                   Nama Perusahaan/Company                                      Bidang Usaha/Business Activities

         PT Bank KB Bukopin Tbk                                    Perbankan konvensional/Conventional banking
         PT Bank KB Bukopin Syariah                                Perbankan syariah/Sharia banking
         PT KB Bukopin Finance                                     Pembiayaan/Financing

    b.   Segmen operasi                                                    b.   Business segment
         Segmen operasi                                                         Operating segment

         Untuk tahun-tahun yang berakhir pada tanggal                           For the years ended December 31, 2024 and
         31 Desember 2024 dan 2023, tidak terdapat                              2023, there are no interest incomes from
         pendapatan bunga dari salah satu konsumen                              transactions with a single external customer
         eksternal yang mencapai 10% atau lebih dari                            amounted to 10% or more of the Bank’s total
         total pendapatan bunga dan syariah Bank.                               interest and sharia.

         Berikut adalah informasi segmen usaha Grup                             Following is the Group business segment
         berdasarkan segmen operasi:                                            information by operating segment:

         (i)   Pendapatan         bunga   dan          syariah                  (i)     Consolidated interest income and sharia
               konsolidasian
                                                      2024                                     2023

                                          %                   Rp                %                      Rp

               Perbankan konvensional         89,80          4.902.013                 89,70          4.355.568     Conventional banking
               Pembiayaan                      0,62             34.260                  0,27             12.935     Financing
               Syariah                         9,58            522.826                 10,03            486.942     Sharia

               Total sebelum                                                                                        Total before
                  eliminasi                100,00            5.459.099                100,00          4.855.445        elimination
               Eliminasi                                        (5.000)                                   6.191     Elimination

               Pendapatan                                                                                           Consolidated
                 bunga                                                                                                interest
                 konsolidasian                               5.454.099                                4.861.636       income



         (ii) Rugi operasional konsolidasian                                    (ii) Consolidated operating loss
                                                      2024                                     2023

                                          %                   Rp                %                      Rp


               Perbankan konvensional      100,62            (4.816.462)               91,41          (6.088.071)   Conventional banking
               Pembiayaan                   (0,30)               14.439                 0,26             (17.443)   Financing
               Syariah                      (0,32)               15.182                 8,33            (554.401)   Sharia

               Total sebelum                                                                                        Total before
                  eliminasi                100,00            (4.786.841)              100,00          (6.659.915)      elimination
               Eliminasi                                            654                                      713    Elimination

                                                                                                                    Consolidated
               Rugi operasional                                                                                       operating
                 konsolidasian                               (4.786.187)                              (6.659.202)     loss




                                                              - 149 -
Page 640
PT BANK KB BUKOPIN TBK                                                                               PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                             AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                       Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                  For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                        (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                               otherwise stated)
lain)



36. Informasi Segmen (lanjutan)                                              36. Segment Information (continued)

    b.    Segmen operasi (lanjutan)                                             b.   Business segment (continued)

          Segmen operasi (lanjutan)                                                  Operating segment (continued)

         (iii) Rugi bersih konsolidasian                                             (iii) Consolidated net loss

                                                           2024                                   2023

                                               %                   Rp                %                    Rp

             Perbankan konvensional            100,28             (7.378.803)             90,99          (5.510.780)   Conventional banking
             Pembiayaan                         (0,13)                 9.478               0,31             (18.571)   Financing
             Syariah                            (0,15)                11.242               8,70            (527.065)   Sharia

             Total sebelum                                                                                             Total before
                eliminasi                      100,00             (7.358.083)            100,00          (6.056.416)      elimination
             Eliminasi                                             1.029.463                                    713    Elimination

             Rugi bersih                                                                                               Consolidated
               konsolidasian                                      (6.328.620)                            (6.055.703)     net loss



         (iv) Total aset konsolidasian                                               (iv) Total consolidated assets
                                                           2024                                   2023

                                               %                   Rp                %                    Rp

             Perbankan konvensional                89,01          75.458.349              90,39          78.842.594    Conventional banking
             Pembiayaan                            10,20           8.644.907               0,53             459.661    Financing
             Syariah                                0,79             667.749               9,08           7.920.474    Sharia

             Total sebelum                                                                                             Total before
                eliminasi                      100,00             84.771.005             100,00          87.222.729       elimination
             Eliminasi                                            (1.695.707)                            (2.915.429)   Elimination

             Total aset                                                                                                Total consolidated
               konsolidasian                                      83.075.298                             84.307.300      assets



          (v) Total liabilitas konsolidasian                                         (v) Total consolidated liabilities
                                                           2024                                   2023

                                               %                   Rp                %                    Rp

             Perbankan konvensional                89,37          67.894.901              89,95          64.080.008    Conventional banking
             Pembiayaan                            10,35           7.864.525               0,01              10.277    Financing
             Syariah                                0,28             208.927              10,04           7.151.658    Sharia

             Total sebelum                                                                                             Total before
                eliminasi                      100,00             75.968.353             100,00          71.241.943       elimination
             Eliminasi                                              (854.841)                            (1.044.806)   Elimination

             Total liabilitas                                                                                          Total consolidated
               konsolidasian                                      75.113.512                             70.197.137      liabilities




                                                                   - 150 -
Page 641
PT BANK KB BUKOPIN TBK                                                                           PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                         AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                   Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                              For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                    (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                           otherwise stated)
lain)



36. Informasi Segmen (lanjutan)                                          36. Segment Information (continued)

    c.   Segmen geografis                                                   c.   Geographic segment

         Berikut ini adalah informasi segmen usaha                               Following is the Group business segment
         Grup berdasarkan daerah geografis:                                      information by geographical area:

         (i)   Pendapatan bunga konsolidasian                                    (i)     Consolidated interest income

                                                       2024                                     2023

                                           %                    Rp               %                      Rp

               Jabodetabek                     77,47           4.229.067                69,65          3.381.976     Jabodetabek
               Jawa selain                                                                                           Java other than
                  Jabodetabek                   9,10             497.017                13,48            654.485       Jabodetabek
               Sumatera                         5,34             291.576                 6,67            324.025     Sumatera
               Kalimantan                       1,40              76.354                 1,87             90.653     Kalimantan
               Lain-lain                        6,69             365.085                 8,33            404.306     Others

               Total sebelum                                                                                         Total before
                  eliminasi                100,00              5,459.099               100,00          4.855.445        elimination
               Eliminasi                                          (5.000)                                  6.191     Elimination

               Pendapatan bunga                                                                                      Consolidated
                 konsolidasian                                 5.454.099                               4.861.636       interest income




         (ii) Rugi operasional konsolidasian                                     (ii) Consolidated operating loss
                                                       2024                                     2023

                                           %                    Rp               %                      Rp

               Jabodetabek                     55,49          (2.656.256)               66,82          (4.450.328)   Jabodetabek
               Jawa selain                                                                                           Java other than
                  Jabodetabek                  22,35          (1.070.081)               22,73          (1.513.717)     Jabodetabek
               Sumatera                         7,11            (340.145)                3,99            (265.686)   Sumatera
               Kalimantan                       4,41            (211.334)                1,33             (88.722)   Kalimantan
               Lain-lain                       10,64            (509.025)                5,13            (341.462)   Others

               Total sebelum                                                                                         Total before
                  eliminasi                100,00             (4.786.841)              100,00          (6.659.915)     elimination
               Eliminasi                                             654                                      713      Elimination

               Rugi operasional                                                                                      Consolidated
                 konsolidasian                                (4.786.187)                              (6.659.202)   interest income



         (iii) Rugi bersih konsolidasian                                         (iii) Consolidated net loss
                                                       2024                                     2023

                                           %                    Rp               %                      Rp

               Jabodetabek                     73,84          (5.433.505)               67,17          (4.067.817)   Jabodetabek
               Jawa selain                                                                                           Java other than
                  Jabodetabek                  12,68            (932.965)               22,29          (1.349.764)     Jabodetabek
               Sumatera                         4,59            (337.443)                4,45            (269.318)   Sumatera
               Kalimantan                       2,87            (211.083)                1,47             (88.786)   Kalimantan
               Lain-lain                        6,02            (443.088)                4,62            (280.731)   Others

               Total sebelum                                                                                         Total before
                  eliminasi                100,00             (7.358.084)              100,00          (6.056.416)      elimination
               Eliminasi                                       1.029.464                                      713    Elimination

               Rugi bersih                                                                                           Consolidated
                 konsolidasian                                (6.328.620)                              (6.055.703)     net loss




                                                               - 151 -
Page 642
PT BANK KB BUKOPIN TBK                                                                           PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                         AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                   Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                              For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                    (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                           otherwise stated)
lain)



36. Informasi Segmen (lanjutan)                                          36. Segment Information (lanjutan)

    c.   Segmen geografis (lanjutan)                                        c.   Geographic segment (continued)

         (iv) Total aset konsolidasian                                           (iv) Total consolidated assets
                                                       2024                                   2023

                                          %                    Rp                %                    Rp

             Jabodetabek                       73,50          62.304.706              70,52          61.507.271    Jabodetabek
             Jawa selain                                                                                           Java other than
                Jabodetabek                    11,19           9.488.028              12,95          11.298.679      Jabodetabek
             Sumatera                           6,34           5.371.607               6,66           5.807.490    Sumatera
             Kalimantan                         1,38           1.171.399               1,71           1.492.026    Kalimantan
             Lain-lain                          7,59           6.435.265               8,16           7.117.263    Others

             Total sebelum                                                                                         Total before
                eliminasi                     100,00          84.771.005             100,00          87.222.729       elimination
             Eliminasi                                        (1.695.707)                            (2.915.429)   Elimination

             Total aset                                                                                            Total consolidated
               konsolidasian                                  83.075.298                             84.307.300      assets



         (v) Total liabilitas konsolidasian                                      (v) Total consolidated liabilities

                                                       2024                                   2023

                                          %                    Rp                %                    Rp

             Jabodetabek                       59,21          44.983.807              55,61          39.617.023    Jabodetabek
             Jawa selain                                                                                           Java other than
                Jabodetabek                    15,88          12.065.299              19,89          14.171.176      Jabodetabek
             Sumatera                           8,30           6.302.577               8,78           6.251.866    Sumatera
             Kalimantan                         6,11           4.643.401               4,26           3.033.770    Kalimantan
             Lain-lain                         10,50           7.973.269              11,46           8.168.108    Others

             Total sebelum                                                                                         Total before
                eliminasi                     100,00          75.968.353             100,00          71.241.943       elimination
             Eliminasi                                          (854.841)                            (1.044.806)   Elimination

             Total liabilitas                                                                                      Total consolidated
               konsolidasian                                  75.113.512                             70.197.137      liabilities




37. Kesejahteraan Karyawan                                               37. Employee Service Entitlements

    Imbalan Pensiun                                                         Pension Benefits

    Bank menyelenggarakan program pensiun iuran                             The Bank provides a defined contribution pension
    pasti untuk karyawan yang diangkat menjadi                              plan for employees who become permanent
    karyawan tetap sejak 1 April 2010. Keputusan                            employees since April 1, 2010. The decision had
    tersebut telah disetujui oleh Dewan Direksi sesuai                      been approved by the Board of Directors in
    dengan Surat Keputusan terbaru No. 1218 Tahun                           accordance with the latest Decree No. 1218 of 2013.
    2013. Keputusan penyempurnaan program iuran                             The decision to improve the defined contribution
    pasti disempurnakan kembali dengan Surat                                program was further refined with a Decree of
    Keputusan Direksi Adendum II SK No. 0961 Tahun                          Directors Addendum II SK No. 0961 of 2016 that
    2016 bahwa pembayaran iuran program pensiun                             contribution payments managed by Financial
    dikelola oleh Dana Pensiun Lembaga Keuangan                             Institution Pension Fund PT Bank KB Bukopin Tbk
    (DPLK) PT Bank KB Bukopin Tbk yang telah                                which has been approved by the Financial Services
    disahkan oleh Otoritas Jasa Keuangan Nomor KEP-                         Authority Number KEP-32/NB.1/2016. This program
    32/NB.1/2016. Program ini berlaku untuk karyawan                        applies to employee who is appointed as permanent
    yang diangkat sebagai karyawan tetap sejak tanggal                      employees from the effective date of the change to
    efektif perubahan program pensiun Manfaat Pasti                         the defined benefit pension plan by the Financial
    oleh Otoritas Jasa Keuangan. Program ini juga                           Services Authority. The program also applied for
    berlaku untuk karyawan yang sebelumnya                                  employee who previously was a member of the
    merupakan peserta program manfaat pasti yang                            defined benefit pension plan that has been
    telah    dihentikan   programnya   seperti    yang                      terminated as mentioned above.
    disebutkan di atas.



                                                               - 152 -
Page 643
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)



37. Kesejahteraan Karyawan (lanjutan)                           37. Employee Service Entitlements (continued)

    Imbalan Pensiun (lanjutan)                                     Pension Benefits (continued)

    Beban pensiun iuran pasti yang telah dibebankan                Defined contribution pension expense that was
    pada laba rugi untuk tahun yang berakhir pada                  charge to profit or loss as for the years ended
    tanggal 31 Desember 2024 dan 2023, masing-                     December 31, 2024 and 2023, amounted to
    masing sebesar Rp3.343 dan Rp48.587.                           Rp3,343 and Rp48,587, respectively.

    Kesejahteraan Karyawan                                         Employees’ Service Entitlements

    Kesejahteraan karyawan meliputi uang jasa, uang                Employees’ service entitlements consist of service
    pisah, pesangon, tunjangan cuti besar dan                      payments, severance payments, termination
    kompensasi lainnya, dikompensasikan dengan                     benefits, long    leave    benefits   and     other
    imbalan pensiun.                                               compensation, compensated        with   retirement
                                                                   benefits.

    Sejak tanggal 20 Desember 2013, Bank                           Starting December 20, 2013, the Bank provides
    memberikan asuransi kesehatan pensiun kepada                   pension health insurance for employees and their
    karyawan yang telah memasuki usia pensiun dan                  spouses during 2 (two) years after the employee’s
    pasangannya selama 2 (dua) tahun setelah tanggal               pension date. Insurance benefits are granted by
    karyawan pensiun. Manfaat-manfaat asuransi                     reimbursement system to the employees.
    diberikan melalui sistem penggantian kepada
    karyawan.

    Liabilitas Imbalan Pasca-Kerja                                 Post-Employment Benefits Liability

    Penyisihan untuk imbalan kerja karyawan sesuai                 Provision for employee benefits in accordance with
    dengan Undang-Undang Cipta Kerja No. 11/2020                   the Job Creation Law No. 11/2020 dated
    tanggal 2 November 2020. Penyisihan telah dibuat               November 2, 2020. Provision has been made in
    sesuai dengan PSAK 24 (revisi 2013) tentang                    accordance with PSAK 24 (Revised 2013) regarding
    Imbalan Kerja. Asumsi aktuarial dan metode yang                employee benefits. The actuarial assumptions and
    digunakan untuk mengukur liabilitas pasca kerja,               methods used to measure post-employment
    beban dan liabilitas kerja karyawan telah memadai              liabilities, expenses, and employees' employment
    dan disajikan menurut estimasi terbaik kami atas               liabilities are adequate and are presented according
    kondisi masa depan.                                            to our best estimate of future conditions.
    Perhitungan aktuaria atas liabilitas estimasi untuk            The actuarial calculation of the estimated liability for
    kesejahteraan karyawan Bank saja pada tanggal                  the welfare of the Bank's employees only as at
    31 Desember 2024 didasarkan atas laporan dari                  December 31, 2024 was based on reports from
    KKA I Gde Eka Sarmaja, FSAI dan Rekan,                         KKA I Gde Eka Sarmaja, FSAI and Co, dated
    tertanggal 7 Maret 2025 dengan menggunakan                     March 7, 2025 using the Projected Unit Credit
    metode Projected Unit Credit.                                  method.
    Perhitungan aktuaria atas liabilitas estimasi untuk            The actuarial calculation for estimated employee
    kesejahteraan karyawan KBBS pada tanggal                       service entitlement liabilities of KBBS as at
    31 Desember 2024 didasarkan atas laporan dari                  December 31, 2024 was based on reports from
    KKA I Gde Eka Sarmaja, FSAI dan Rekan                          KKA I Gde Eka Sarmaja, FSAI and Co dated
    tertanggal 12 Maret 2025 dengan metode Projected               March 12, 2025 using the Projected Unit Credit
    Unit Credit.                                                   method.

    Perhitungan aktuaria atas liabilitas estimasi untuk            The actuarial calculation for estimated employee
    kesejahteraan karyawan untuk KBBF pada tanggal                 service entitlement liabilities of KBBF as at
    31 Desember 2023 didasarkan atas laporan dari                  December 31, 2023 was based on reports from
    KKA I Gde Eka Sarmaja, FSAI dan Rekan                          KKA I Gde Eka Sarmaja, FSAI and Co dated
    tertanggal 10 Maret 2025 dengan metode Projected               March 10, 2024 using the Projected Unit Credit
    Unit Credit.                                                   method.

    Beban yang diakui dalam laporan laba rugi dan                  The expenses recognized in the consolidated
    penghasilan komprehensif lain konsolidasian adalah             statement of profit or loss and other comprehensive
    sebagai berikut:                                               income were as follows:




                                                      - 153 -
Page 644
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


37. Kesejahteraan Karyawan (lanjutan)                            37. Employee Service Entitlements (continued)

    Liabilitas Imbalan Pasca-Kerja (lanjutan)                       Post-Employment Benefits Liability (continued)

                                                2024                 2023

    Beban jasa kini                                11.901                13.861 Current service cost
    Beban masa lalu                                     -               (13.122) Past service cost
    Beban bunga                                     6.592                 8.684 Interest expense
    Kerugian atas penyelesaian                        676                59.697 Losses on settlement
    Pengakuan keuntungan aktuaria                 (15.826)              (20.533) Actuarial gains

    Total                                            3.343              48.587 Total


    Rekonsiliasi perubahan liabilitas selama tahun                  The movements of estimated post-employment
    berjalan yang diakui di laporan posisi keuangan                 benefits liability in the consolidated statements of
    konsolidasian adalah sebagai berikut:                           financial position were as follows:

                                                2024                 2023

    Liabilitas pada awal tahun                   100.344               127.787 Liability at beginning of the year
    Penyisihan (Pembalikan) tahun                                               Provision (reversal) during the year
        berjalan (Catatan 34)                       3.343               48.587    (Note 34)
    Pembayaran selama tahun berjalan              (14.375)             (67.390) Payment during the year
    Jumlah yang diakui di penghasilan                                           Total amount recognized in comprehensive
        komprehensif lainnya                       14.252               (8.640)   income

    Liabilitas pada akhir tahun                  103.564               100.344 Liability at the end of year


    Mutasi nilai kini liabilitas imbalan kerja adalah               The movements in the present value of liabilites for
    sebagai berikut:                                                employee benefits were follows:

                                                2024                 2023

    Saldo pada awal periode/tahun                100.344               127.787 Liability at beginning of the year
    Beban jasa kini                               11.901                13.861 Current service cost
    Beban masa lalu                                    -               (13.122) Past service cost
    Beban bunga                                    6.592                 8.684 Interest cost
    Kerugian atas penyelesaian                       676                59.697 Losses on settlement
    Manfaat yang dibayarkan                      (14.375)              (67.390) Benefit paid
    (Kerugian)/keuntungan pada                                                  Actarial (gains)/losses
       kewajiban aktuari:                                                         on obligation:
    Asumsi demografi                               (7.778) -                  Demographic assumption
    Asumsi keuangan                                 3.495                7.421 Financial assumption
    Penyesuaian pengalaman                          2.709              (36.594) Experience adjustment

    Liabilitas pada akhir tahun                  103.564               100.344 Liability at the end of year


    Tabel berikut menunjukkan sensitivitas atas                     The following table demonstrates the sensitivity to a
    kemungkinan perubahan tingkat diskonto dan                      reasonably possible change in discount rates and
    tingkat kenaikan gaji sebesar 1%, dengan variabel               salary increment rate amounting to 1%, with all other
    lain dianggap tetap, terhadap nilai kini liabilitas             variables held constant, of the present value of
    imbalan kerja karyawan:                                         employee benefits liability:

                                                2024                 2023

    Tingkat diskonto                                                               Discount rate
     Tingkat diskonto +1%                          (8.635)              (9.989)      Discount rate +1%
     Tingkat diskonto -1%                           9.940               11.720       Discount rate -1%

    Tingkat kenaikan gaji                                                          Salary increment rate
     Tingkat kenaikan gaji +1%                     11.038                14.622      Salary increment rate +1%
     Tingkat kenaikan gaji -1%                     (9.588)              (11.911)     Salary increment rate -1%




                                                       - 154 -
Page 645
PT BANK KB BUKOPIN TBK                                                                                              PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                            AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                      Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                                 For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                       (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                              otherwise stated)
lain)



37. Kesejahteraan Karyawan (lanjutan)                                                   37. Employee Service Entitlements (continued)

    Liabilitas Imbalan Pasca-Kerja (lanjutan)                                                  Post-Employment Benefits Liability (continued)

    Analisis jatuh tempo yang diharapkan dari imbalan                                          Expected maturity analysis of undiscounted post-
    pasca-kerja yang tidak terdiskonto pada tanggal                                            employment benefit as at December 31, 2024 and
    31 Desember 2024 dan 2023, adalah sebagai                                                  2023, are as follows:
    berikut:

                                                                      2024                       2023

    Dalam waktu 12 bulan berikutnya                                      5.854                        3.756       Within the next 12 months
    Antara 1 dan 5 tahun                                                24.200                       15.603       Between 1 and 5 years
    Antara 5 dan 10 tahun                                               81.209                       56.052       Between 5 and 10 years
    Di atas 10 tahun                                                   464.222                      501.731       Beyond 10 years

    Total                                                              575.485                      577.142 Total


    Asumsi-asumsi yang digunakan dalam perhitungan                                             The assumptions used in actuarial calculation for the
    aktuaria untuk tahun yang berakhir pada tanggal                                            years ended December 31, 2024 and 2023, are as
    31 Desember 2024 dan 2023, adalah sebagai                                                  follows:
    berikut:

                                                       2024                                                   2023

                                                                  Entitas Anak/                                          Entitas Anak/
                                           Bank                   Subsidiaries                   Bank                    Subsidiaries

    Asumsi ekonomi:                                                                                                                           Economic assumptions:

    Tingkat diskonto                  7,00% per tahun/            7,00% per tahun/           6,50% per tahun/            6,50% per tahun/     Discount rate
                                     7.00% per annum             7.00% per annum            6.50% per annum             6.50% per annum

    Tingkat rata-rata kenaikan        5,00% per tahun/            5,00% per tahun/           5,00% per tahun/            5,00% per tahun/     Average salary increase
      penghasilan                    5.00% per annum             5.00% per annum            5.00% per annum             5.00% per annum          rate

    Tingkat kenaikan harga emas       7,00% per tahun/                            -          7,00% per tahun/                             -   Gold price increase rate
                                     7.00% per annum                              -         7.00% per annum                               -
    Asumsi lainnya:                                                                                                                           Other assumptions:

    Usia pensiun normal              56 tahun/56 years           56 tahun/56 years         56 tahun/56 years           56 tahun/56 years      Normal retirement age

    Tingkat kematian                Tabel TM IV- 2019/          Tabel TM IV- 2019/        Tabel TM IV- 2019/          Tabel TM IV- 2019/      Mortality rate
                                    TM IV - 2019 Table          TM IV - 2019 Table        TM IV - 2019 Table          TM IV - 2019 Table

    Tingkat kecacatan             10% dari TM IV-2019/        10% dari TM IV-2019/     10% dari TM IV-2019/        10% dari TM IV-2019/       Disability rate
                                  10% from TM IV-2019         10% from TM IV-2019      10% from TM IV-2019         10% from TM IV-2019

    Tingkat pengunduran diri             10% pada usia              15% pada usia        4% pertahun sampai          4% pertahun sampai       Resignation rate
                                          25 tahun yang              25 tahun yang               usia 30 tahun               usia 30 tahun
                                        menurun secara             menurun secara          kemudian menurun            kemudian menurun
                                      linear 0% sampai           linear 0% sampai         linear menjadi 0,1%         linear menjadi 0,1%
                                   pada usia 56 tahun/         pada usia 56 tahun/             pertahun di usia            pertahun di usia
                                  10% for age 25 years        15% for age 25 years               49 tahun dan                49 tahun dan
                                    old and below, then        old and below, then          1% pertahun untuk           1% pertahun untuk
                                     decreasing linearly        decreasing linearly   usia 50 sampai usia 54/     usia 50 sampai usia 54/
                                        to 0% at age 56            to 0% at age 56       4% up to age 30 and         4% up to age 30 and
                                               years old                  years old         decreasing linearly         decreasing linearly
                                                                                  .          0.1%up to age 49            0.1%up to age 49
                                                                                            decreasing linearly         decreasing linearly
                                                                                             1% ages 50 to 54            1% ages 50 to 54




                                                                              - 155 -
Page 646
PT BANK KB BUKOPIN TBK                                                                           PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                         AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                   Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                              For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                    (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                           otherwise stated)
lain)


38. Transaksi      dan     Saldo     Dengan        Pihak-Pihak           38. Transactions and Balances With Related Parties
    Berelasi
    Dalam menjalankan kegiatan                 usahanya, Grup               In the normal course of business, the Group entered
    melakukan transaksi-transaksi              tertentu dengan              into certain transactions with related parties.
    pihak-pihak berelasi.
                                                        2024                 2023

    Aset                                                                                Assets
    Giro pada Bank lain                                                                 Current account in other Bank
      KB Kookmin Bank (Catatan 5)                         10.585                  6.377   KB Kookmin Bank (Note 5)

    Kredit yang diberikan
      dan pembiayaan/                                                                   Loans and Sharia financing/
      piutang Syariah - bruto (Catatan 9l) :                                               receivables - gross (Note 9l):
    PT KB Finansia Multi Finance                         249.989                499.791 PT KB Finansia Multi Finance
    PT Sunindo KB Finance                                 59.850                119.988 PT Sunindo KB Finance
         Direksi, Dewan Komisaris,                                                      Directors, Commissioners,
         Dewan Pengawas Syariah,                                                           Sharia Supervisory Board,
         dan Pejabat Eksekutif                            30.144                 21.226    and Executive Officers

    Total aset untuk pihak berelasi                      350.568                647.382 Total related parties assets

    Persentase terhadap total aset                         0,42%                 0,77% Percentage to total assets

    Liabilitas                                                                            Liabilities
    Pinjaman yang diterima
        (Catatan 23)                                    6.557.175             6.544.886 Borrowing (Note 23)
    Simpanan dari bank lain                                                             Deposit from other
        (Catatan 20)                                    2.710.649             7.699.413   banks (Note 20)
    Dana pensiun Bank                                                                   KB Bukopin Bank
        KB Bukopin                                             -                 61.700   pension fund
    Tabungan (Catatan 18)                                 45.260                 18.491 Savings deposits (Note 18)
    Deposito berjangka
        (Catatan 19)                                      42.412                 40.311 Time deposits (Note 19)
    Direksi, Dewan Komisaris,                                                           Directors, Commissioners,
        Dewan Pengawas Syariah,                                                            Sharia Supervisory Board,
        dan Pejabat Eksekutif                             28.211                      -    and Executive Officers
    Giro (Catatan 17)                                      3.203                  9.094 Demand deposits (Note 17)

    Total liabilitas untuk pihak berelasi               9.386.910            14.373.895 Total related parties liabilities

    Persentase terhadap total liabilitas                  12,50%                20,48% Percentage to total liabilities

    Pendapatan dan Beban                                                                Income and Expenses
       Operasional                                                                         From Operations
    Pendapatan bunga dan syariah                                                        Interest and sharia income
       dari pihak berelasi                                24.469                 22.592    from related parties

    Persentase terhadap pendapatan                                                        Percentage to total interest
       bunga dan syariah                                   0,45%                 0,46%      and sharia income

                                                                                        Interest expense
    Beban bunga dan syariah                                                                and sharia charges
       dari pihak berelasi                                     664                  899    from related parties

    Persentase terhadap beban                                                             Percentage to total interest
       bunga dan Syariah                                   0,02%                 0,02%      and Sharia income

    Beban operasional lainnya                                                           Other operating expenses
    Gaji dan tunjangan karyawan,                                                        Salaries and benefits for
        pengurus, dan pejabat                                                             employees, management and
        eksekutif (Catatan 34)                            58.740                 67.460   executive officer (Note 34)

    Persentase terhadap                                                                   Percentage to other
     Beban operasional lainnya                             2,90%                 2,96%      operating expenses




                                                               - 156 -
Page 647
PT BANK KB BUKOPIN TBK                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                        otherwise stated)
lain)


38. Transaksi Dan Saldo           Dengan     Pihak-Pihak             38. Transactions And Balances With Related Parties
    Berelasi (lanjutan)                                                  (continued)
    Hubungan dengan pihak berelasi adalah sebagai                        The relationships with related parties are as follows:
    berikut:
           Sifat dari hubungan/Nature of Relationship                                Pihak berelasi/Related parties
    Pemegang saham pengendali/Controlling Shareholder                KB Kookmin Bank Co., Ltd
    Dikendalikan/dibawah pengaruh signifikan salah satu              PT Haka Sarana Investama
    pemegang saham utama Bank/                                       Kopelindo Infrastruktur Indonesia
    Controlled by/under significant influence of                     PT Bosowa Berlian Motor
    one of major shareholder                                         PT Bosowa Amal Taksi
                                                                     PT Mallomo
                                                                     PT Bosowa Utama
                                                                     PT Makassar Capital
                                                                     PT Bosowa Tambang Indonesia
                                                                     PT KB Finansial Multi Finance
                                                                     PT Sunindo KB Finance
                                                                     PT Kurnia Oryza Abadi
                                                                     PT Dalle Mineral Papua
                                                                     PT KB Valbury Sekuritas
    Dikendalikan oleh keluarga terdekat dari
    manajemen/Controlled by a close
    member of the management’s family
    Manajemen kunci yang sama/Same key management                    Dinasti Batubara Indonesia
                                                                     PT Gerin Surya Gemilang
    Dana pensiun Bank/The Bank’s pension fund                        Dana Pensiun Bank KB Bukopin
    Manajemen dan karyawan kunci/                                    Direksi, Dewan Komisaris, Dewan Pengawas Syariah,
    Management and key employees                                     dan Pejabat Eksekutif/Board of Directors,
                                                                     Board of Commissioners, Sharia Supervisory Board,
                                                                     and Executive Officers


39. Komitmen Dan Kontinjensi                                         39. Commitments And Contingencies

    Bank memiliki komitmen dan kontinjensi sebagai                       The Bank has commitments and contingencies as
    berikut:                                                             follows:
                                                    2024                  2023

    Komitmen                                                                         Commitments
    Tagihan Komitmen                                                                 Commitments Receivables
    Pembelian spot dan derivatif                                                     Outstanding spot and derivative
      yang masih berjalan                            808.182                 595.903   purchased
    Liabilitas Komitmen                                                              Commitments Liabilities
    Fasilitas kredit yang diberikan
      dan pembiayaan/piutang                                                            Unused loans and Sharia
      Syariah yang belum digunakan                 (4.282.285)            (4.822.935)     financing/receivable facilities
    L/C yang tidak dapat dibatalkan
      yang masih berjalan                                                             Outstanding irrevocable L/C
      Pihak ketiga                                    (90.095)               (88.205)   Third parties
    Penjualan spot dan derivatif                                                      Outstanding spot and
      yang masih berjalan                          (1.621.857)              (971.552)   derivative sold

    Total Liabilitas Komitmen                      (5.994.237)            (5.882.692) Total Commitments Liabilities

    Total Komitmen - Neto                          (5.186.055)            (5.286.789) Total Commitments - Net




                                                           - 157 -
Page 648
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


39. Komitmen Dan Kontinjensi (lanjutan)                            39. Commitments And Contingencies (continued)

                                                  2024                 2023

    Kontinjensi                                                                    Contingencies
    Tagihan Kontinjensi                                                            Contigent Receivables
    Pendapatan bunga dalam                                                         Interest Income on
      penyelesaian                                5.123.131             4.038.667     non-performing loans
    Liabilitas Kontinjensi                                                         Contingent Liablities
    Bank garansi                                                                   Bank Guarantees
      Pihak ketiga                                 (582.778)           (1.337.709)    Third Parties

    Total Liabilitas Kontinjensi                   (582.778)           (1.337.709) Total Contingent Liabilities

    Total Kontinjensi - Neto                      4.540.353             2.700.958 Total Contingencies - Net

    Liabilitas Komitmen dan                                                        Commitments and Contingent
      Kontinjensi - Neto                           (645.702)           (2.585.831) Liabilities - Net



40. Manajemen Risiko                                               40. Risk Management

    Bank senantiasa memperhatikan upaya untuk                         Bank continuously make some efforts to improve
    meningkatkan kesadaran risiko (risk awareness)                    risk awareness and strengthen risk culture at all
    dan memperkuat budaya risiko (risk culture) bagi                  levels of employees, in order to implement risk
    seluruh jenjang karyawan Bank, agar dapat                         management properly and thoroughly in daily
    menerapkan pengelolaan risiko dengan baik dan                     banking activities. Therefore, Bank seeks to
    secara menyeluruh dalam aktivitas perbankan                       implement an effective and comprehensive risk
    sehari-hari. Oleh karena itu, Bank berupaya                       management as an important aspect of the Bank in
    menerapkan manajemen risiko yang efektif dan                      managing the various risks faced by the Bank.
    komprehensif sebagai aspek penting bagi Bank
    dalam pengelolaan berbagai risiko yang dihadapi
    Bank.

    Pengelolaan risiko yang baik dan efektif menjadi                  An effective and good risk management is one of
    salah satu faktor penting atas keberhasilan Bank                  the important factors for the success of the Bank in
    dalam      menjalankan      strategi    dan    upaya              carrying out strategies and efforts to improve
    meningkatkan      kinerja.   Pengelolaan     tersebut             performance. The management aims to protect the
    bertujuan untuk melindungi Bank dari kerugian yang                Bank from losses that may arise as a result of its
    mungkin     timbul    diakibatkan     dari  berbagai              various activities, as well as to maintain the level of
    aktivitasnya, serta menjaga tingkat risiko agar                   risk in accordance with the business strategy and
    sesuai dengan strategi bisnis dan arahan yang telah               directives that have been announced. Therefore, the
    dicanangkan.     Karena      itu,    Bank   menjaga               Bank maintains a balance between risks and
    keseimbangan antara risiko dan manfaat agar                       benefits in order to generate long-term value growth
    menghasilkan pertumbuhan nilai jangka bagi                        for shareholders.
    pemegang saham.

    Manajemen risiko mempunyai peranan penting                        Risk management has an important role in
    dalam pengelolaan risiko Bank dan bersifat proaktif               managing the Bank's risk and is proactive and
    serta    forward   looking   dalam    mendukung                   forward looking in supporting the Bank's growth and
    pertumbuhan dan kegiatan bisnis Bank secara                       business activities in a sustainable manner. Risk in
    berkelanjutan. Risiko dalam konteks perbankan                     the banking context is a potential event, both
    merupakan suatu potensi kejadian, baik yang                       expected and unexpected, which has a negative
    diperkirakan (expected) maupun yang tidak                         impact on the bank's income and capital.
    diperkirakan (unexpected) yang berdampak negatif
    terhadap pendapatan dan permodalan bank.

    Organisasi manajemen risiko Bank melibatkan                       The Organization of the risk management of the
    pengawasan dari Dewan Komisaris dan Direksi.                      Bank involves oversight from the Board of
                                                                      Commissioners and Directors.




                                                         - 158 -
Page 649
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                   40. Risk Management (continued)

    Bank telah membangun struktur tata kelola risiko                 The Bank has built a strong risk governance
    yang kuat, dengan mengimplementasikan fungsi                     structure, by implementing a supervisory function
    pengawasan melibatkan Dewan Komisaris melalui                    involving the Board of Commissioners through the
    Komite Pemantau Risiko dan Direksi melalui Komite                Risk Monitoring Committee and the Board of
    Manajemen Risiko.                                                Directors through the Risk Management Committee.

    Bank memiliki Komite Pemantau Risiko sebagai                     The Risk Oversight Committee is a highest risk
    komite risiko tertinggi di tingkat Dewan Komisaris               committee at the Board of Commissioners’ level that
    yang bertanggung jawab untuk memberikan                          responsible to oversight the implementation of risk
    pengawasan atas pelaksanaan strategi dan                         management strategies and policies and evaluate
    kebijakan manajemen risiko serta mengevaluasi                    the implementation of duties of the Risk
    pelaksanaan tugas Komite Manajemen Risiko dan                    Management Committee and risk management
    satuan kerja manajemen risiko Bank.                              working unit in the Bank.

    Dewan Komisaris mendelegasikan wewenang                          The Board of Commissioners delegate authority to
    kepada Direksi untuk mengimplementasikan strategi                the Directors to implement the risk management
    manajemen risiko. Komite Manajemen Risiko                        strategy. The Risk Management Committee is
    dibentuk pada tingkat Direksi dan bertanggungjawab               established at the Directors’ level and is responsible
    untuk memberikan rekomendasi kepada Direktur                     in providing recommendation to the President
    Utama dalam mengembangkan strategi dan                           Director to develop the risk management strategy
    kebijakan manajemen risiko, mengelola risiko                     and policy, manage overall risk in the Bank, and
    secara keseluruhan di Bank, serta perbaikan atas                 improve the implementation of strategies, policies
    pelaksanaan strategi, kebijakan dan evaluasi atas                and evaluate significant risk issues. The Risk
    permasalahan risiko yang signifikan. Komite                      Management Committee is chaired by the President
    Manajemen Risiko diketuai oleh Direktur Utama.                   Director.

    Dalam melaksanakan tugas tersebut, Direksi dan                   In carrying out these tasks, Directors and Board of
    Dewan Komisaris didukung oleh satuan kerja                       Commissioners are supported by an independent
    manajemen risiko yang independen dan secara                      risk management work unit, which clearly separated
    jelas terlepas dari semua bisnis dan tidak memiliki              with no reporting line or responsibility to business.
    tanggung jawab terhadap bisnis.

    Proses manajemen risiko meliputi identifikasi,                   The risk management process includes identifying,
    pengukuran, pemantauan dan pengendalian                          measuring, monitoring and controlling risks in all
    terhadap risiko yang melekat pada seluruh produk                 products and activities of the Bank.
    dan aktivitas Bank.

    Penilaian dan pengukuran eksposur risiko (dampak                 Assessment and measurement of risk exposures
    potensial dari suatu kejadian risiko) harus objektif,            (the potential impact of risk events) must be
    konsisten dan mengacu pada hal yang spesifik.                    objective, consistent and referring to a specific thing.
    Kualitas dari informasi risiko memegang peranan                  The quality of risk information holds an important
    penting dalam menentukan kualitas bisnis.                        role in determining the quality of business.

    Bank menjalankan proses identifikasi, pengukuran,                Bank runs a risk identification, measurement,
    pemantauan dan pengendalian risiko serta Sistem                  monitoring and control process as well as a Risk
    Informasi Manajemen Risiko melalui fungsi kerja                  Management Information System through the Risk
    risiko sebagai Lini Pertahanan Kedua, dimana                     Group as the Second Line of Defense, that
    bertanggung jawab untuk menyusun dan melakukan                   responsible for establishing and conducting periodic
    kaji ulang secara berkala atas berbagai kebijakan                reviews of various risk management policies, limit,
    limit, dan perangkat manajemen risiko. Fungsi kerja              and tools. Risk Group also plays a role in monitoring
    Risiko juga berperan dalam melakukan pemantauan                  and providing recommendation to the First Line of
    dan memberikan rekomendasi kepada Lini                           Defense on the implementation of risk management
    Pertahanan Pertama atas pelaksanaan manajemen                    carried out by each working unit. This includes
    risiko yang dilakukan oleh masing-masing unit kerja.             reporting on the overall risk of the Bank to the Board
    Hal ini termasuk dalam hal melakukan pelaporan                   of Commissioners and the Directors on a regular
    atas risiko Bank secara keseluruhan kepada Dewan                 basis.
    Komisaris dan Direksi secara berkala.




                                                        - 159 -
Page 650
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                    40. Risk Management (continued)

    Untuk menyesuaikan dengan perkembangan usaha                      To adapt with business developments that are in line
    yang sejalan dengan rencana bisnis Bank, maka                     with the Bank's business plan, Bank continuously
    Bank secara terus menerus melakukan pemantauan                    conducts      periodic      risk   monitoring      and
    risiko secara berkala serta pengendalian internal                 comprehensive internal controls to the policies,
    yang komprehensif dari sisi kebijakan, prosedur,                  procedures, and limit setting. This is reinforced by
    maupun penetapan limit. Hal ini diperkuat dengan                  the internalization of applicable external regulations,
    adanya internalisasi atas ketentuan eksternal yang                among others related to the establishment of basic
    berlaku, antara lain terkait dengan penetapan                     risk management policies and risk appetite.
    kebijakan dasar manajemen risiko dan risk appetite.

    Risk appetite Bank diartikan sebagai tingkat dan                   Bank's risk appetite is the level and type of risk that
    jenis risiko yang bersedia diambil oleh Bank dalam                 Bank is willing to take in order to achieve the Bank’s
    rangka mencapai sasaran Bank. Dimana tingkat                       objectives. The level of risk to be taken is reflected
    risiko yang akan diambil tercermin dalam strategi                  in the strategy and objectives of the business.
    dan sasaran bisnis.

    Risk Appetite mencerminkan sejauh mana Bank                        Risk Appetite reflects the extent to which the Bank
    bersedia mengambil, menahan, atau menghindari                      is willing to take, hold, or avoid risk to achieve its
    risiko untuk mencapai tujuan bisnis, strategi, dan                 business, strategic, and capital planning objectives.
    perencanaan modal. Untuk saat ini pengelolaan Risk                 For now, the management of Risk Appetite is in line
    Appetite sejalan dengan pengelolaan Internal                       with the management of the Internal Capital
    Capital Adequacy Assessment Process (ICAAP).                       Adequacy Assessment Process (ICAAP). Where
    Dimana Internal Capital merupakan target CAR yang                  Internal Capital is the CAR target in accordance
    sesuai dengan Rencana Bisnis Bank dalam hal ini                    with the Bank's Business Plan in this case Risk
    Risk Management terlibat dalam pengelolaan ATMR                    Management is involved in managing RWA which
    yang termasuk risiko kredit, pasar, dan operasional                includes credit, market, and operational risks and
    dan Assessment Process merupakan penilaian                         the Assessment Process is an assessment of RWA
    terhadap ATMR untuk dialokasikan ke unit bisnis,                   to be allocated to business units, by providing
    dengan memberikan ambang batas kepada unit                         thresholds to business units that are monitored
    bisnis yang dimonitoring secara berkala.                           regularly.

    Bank membentuk limit untuk memperhatikan                           The Bank establishes limits to pay attention to the
    kemampuan Bank dalam pengelolaannya, dimulai                       Bank's ability to manage them, starting from the
    dari        dasar        penetapan,        monitoring,             basis for setting, monitoring, responsibility, and
    penanggungjawab, serta action plan ketika kondisi                  action plans when conditions are exceeded. The
    pelampauan. Dasar pertimbangan pembentukan                         basis of consideration for the establishment of
    limit, antara lain (namun tidak terbatas pada):                    limits, among others (but not limited to):
      1. Kondisi Bank,                                                 1. The condition of the Bank,
      2. Rencana Bisnis Bank,                                          2. Bank's business plan,
      3. Kecukupan sistem informasi,                                   3. Adequacy of information system,
      4. Kecukupan dan kemampuan SDM,                                  4. Adequacy and capability of human resources,
      5. Kepatuhan terhadap ketentuan eksternal.                       5. Compliance with external regulations.

    Dalam rangka memastikan bahwa penerapan                            In order to ensure that the implementation of risk
    manajemen risiko telah sesuai dengan kondisi terkini               management is in accordance with the Bank's
    Bank dan peraturan regulator, Bank telah melakukan                 current conditions and regulatory regulations, the
    kaji ulang atas beberapa kebijakan di antaranya,                   Bank has conducted a review of several policies
    Kebijakan Tingkat Tinggi Tentang Manajemen Risiko                  including, High Level Policy regarding Risk
    Bank, dan Kebijakan Risk Appetite Bank termasuk                    Management of Bank, and Risk Appetite Policy of
    kaji ulang atas penetapan limit internalnya. Bank                  Bank including a review of its internal limit setting.
    saat ini sedang melakukan kaji ulang atas Kebijakan                Bank is currently reviewing the Capital Management
    Pengelolaan Permodalan Bank. Kaji ulang atas                       Policy of Bank. The review of the policy has been
    kebijakan tersebut telah mendapatkan persetujuan                   approved by the Board of Directors through the Risk
    dari Direksi melalui Komite Manajemen Risiko pada                  Management Committee in September 2024 and
    September 2024 serta rekomendasi dari Dewan                        recommendations        from     the     Board       of
    Komisaris melalui Komite Pemantau Risiko pada                      Commissioners through the Risk Monitoring
    Oktober 2024. Selain itu, Bank telah melakukan kaji                Committee in October 2024. In addition, the Bank
    ulang atas Petunjuk Teknis tentang Pelaksanaan                     has reviewed the Technical Guidelines on the
    Stress Test Manajemen Risiko Bank.                                 Implementation of Risk Management Stress Test of
                                                                       Bank.



                                                         - 160 -
Page 651
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                   40. Risk Management (continued)

    Dalam rangka memastikan bahwa penerapan                           In order to ensure that the implementation of risk
    manajemen risiko telah sesuai dengan kondisi terkini              management is in accordance with the Bank's
    Bank dan peraturan regulator, Bank telah melakukan                current conditions and regulatory regulations, the
    kaji ulang atas beberapa kebijakan di antaranya,                  Bank has conducted a review of several policies
    Kebijakan Tingkat Tinggi Tentang Manajemen Risiko                 including, High Level Policy regarding Risk
    Bank, dan Kebijakan Risk Appetite Bank termasuk                   Management of Bank, and Risk Appetite Policy of
    kaji ulang atas penetapan limit internalnya. Bank                 Bank including a review of its internal limit setting.
    saat ini sedang melakukan kaji ulang atas Kebijakan               Bank is currently reviewing the Capital Management
    Pengelolaan Permodalan Bank. Kaji ulang atas                      Policy of Bank. The review of the policy has been
    kebijakan tersebut telah mendapatkan persetujuan                  approved by the Board of Directors through the Risk
    dari Direksi melalui Komite Manajemen Risiko pada                 Management Committee in September 2024 and
    September 2024 serta rekomendasi dari Dewan                       recommendations        from     the     Board       of
    Komisaris melalui Komite Pemantau Risiko pada                     Commissioners through the Risk Monitoring
    Oktober 2024. Selain itu, Bank telah melakukan kaji               Committee in October 2024. In addition, the Bank
    ulang atas Petunjuk Teknis tentang Pelaksanaan                    has reviewed the Technical Guidelines on the
    Stress Test Manajemen Risiko Bank.                                Implementation of Risk Management Stress Test of
                                                                      Bank.

    Terkait dengan Peraturan Otoritas Jasa Keuangan                   In accordance with the Financial Services Authority
    Nomor 5 Tahun 2024 tentang Penetapan Status                       Regulation Number 5 Year 2024 on Determination
    Pengawasan dan Penanganan Permasalahan Bank                       of Supervisory Status and Handling of Commercial
    Umum, Bank saat ini telah menyusun Rencana Aksi                   Bank Problems, the Bank has currently prepared a
    Pemulihan (Recovery Plan) dan telah disampaikan                   Recovery Action Plan and has submitted to the
    kepada Otoritas Jasa Keuangan pada 28 November                    Financial Services Authority on November 28 th,
    2024. Rencana Aksi Pemulihan adalah rencana                       2024. The Recovery Action Plan is a strategic plan
    strategis yang disusun oleh Bank sebagai bagian                   prepared by the Bank as part of preventive and
    dari upaya preventif dan responsif untuk
                                                                      responsive efforts to deal with potential financial
    menghadapi potensi krisis keuangan, yang
                                                                      crises, which include capital, liquidity, profitability,
    mencakup krisis permodalan, likuiditas, rentabilitas,
    dan kualitas aset. Rencana ini dirancang untuk                    and asset quality crises. This plan is designed to
    memastikan bahwa Bank memiliki langkah-langkah                    ensure that the Bank has structured and
    yang terstruktur dan terukur dalam menjaga                        measurable steps in maintaining stability and
    stabilitas serta melindungi kepentingan nasabah,                  protecting the interests of customers, controlling
    pemegang saham pengendali, dan pemangku                           shareholders, and other stakeholders. This plan
    kepentingan lainnya. Rencana ini juga berfungsi                   also serves as a guide for quick and appropriate
    sebagai panduan untuk pengambilan keputusan                       decision making in emergency conditions to
    yang cepat dan tepat dalam kondisi darurat guna                   minimize negative impacts on the Bank's financial
    meminimalkan dampak negatif terhadap kesehatan                    health, in accordance with prudential principles and
    keuangan Bank, sesuai dengan prinsip kehati-hatian                applicable laws and regulations.
    dan ketentuan peraturan perundang-undangan yang
    berlaku.

    Recovery Plan disusun meliputi analisa terhadap                  The Recovery Plan includes an analysis of all
    kondisi seluruh lini usaha Bank dan Entitas Anak,                business lines of the Bank and its Subsidiaries,
    termasuk analisis scenario atas kondisi stress yang              including scenario analysis of stress conditions
    terjadi pada Bank secara idiosyncratic maupun                    experienced by the Bank, both idiosyncratic and
    market-wide shock.                                               market-wide shocks.

    Bank menetapkan trigger level dalam rangka                       The Bank establishes trigger levels to implement the
    menerapkan rencana aksi pemulihan dengan tujuan                  recovery action plan with the following objectives:
    untuk:
     a. Pencegahan, sehingga Bank tetap dapat                         a. Prevention, ensuring the Bank maintains the
        menjaga ukuran atau rasio yang sama atau                         same or better ratios or measures as required
        lebih baik dari ketentuan peraturan                              by laws and regulations;
        perundang-undangan;
     b. Pemulihan, sehingga Bank tidak lagi                           b. Recovery, ensuring the Bank no longer
        melanggar ukuran atau rasio dari indikator                       violates measures or ratios of the indicators as
        sesuai   dengan     ketentuan    peraturan                       stipulated by laws and regulations; and
        perundang-undangan; dan
     c. Perbaikan,     dari      kondisi     yang                     c. Improvement, to recover from conditions that
        membahayakan kelangsungan usaha Bank                             threaten the Bank's business continuity



                                                        - 161 -
Page 652
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)



40. Manajemen Risiko (lanjutan)                                   40. Risk Management (continued)

    Profil Risiko                                                    Risk Profile

    Laporan profil risiko merupakan salah satu faktor                The risk profile report is one of the factors in the
    dalam penilaian tingkat kesehatan Bank. Bank wajib               assessment of the Bank's soundness level. Bank is
    menyampaikan laporan tersebut secara individual                  required to submit these reports individually and the
    dan konsolidasi disampaikan kepada OJK secara                    consolidated reports to the OJK on a quarterly basis
    triwulanan (posisi Maret, Juni, September dan                    (positions in March, June, September, and
    Desember). Laporan profil risiko disusun secara                  December). The risk profile report is prepared by
    self-assessment sebagaimana diatur dalam Surat                   self-assessment as stipulated in the OJK Circular
    Edaran OJK No. 14/SEOJK.03/2017 tanggal                          Letter No. 14/SEOJK.03/2017 dated March 17, 2017
    17 Maret 2017 perihal Penilaian Tingkat Kesehatan                concerning Assessment of Commercial Bank
    Bank Umum diungkapkan pada Catatan 55k.                          Soundness Level is disclosed in Note 55k.

    Risiko Kredit                                                    Credit Risk

    Risiko kredit adalah risiko kerugian akibat kegagalan            Credit risk is the risk of loss due to the failure of
    pihak lain dalam memenuhi kewajibannya.                          other parties to fulfill their obligations.

    Risiko kredit dapat bersumber dari berbagai aktivitas            Credit risk can be sourced from various business
    bisnis Bank. Pada sebagian besar Bank, pemberian                 activities of the Bank. In most banks, lending is the
    kredit merupakan sumber risiko kredit yang                       biggest source of credit risk. In addition to credit, the
    terbesar. Selain kredit, Bank menghadapi risiko                  Bank faces credit risk from various financial
    kredit dari berbagai instrumen keuangan seperti                  instruments such as securities, acceptances, inter-
    surat berharga, akseptasi, transaksi antar Bank,                 bank transactions, trade finance transactions,
    transaksi pembiayaan perdagangan, transaksi nilai                exchange rate transactions and derivatives as well
    tukar dan derivatif serta kewajiban komitmen dan                 as commitments and contingencies liabilities.
    kontinjensi.

    Eksposur risiko kredit juga dapat meningkat karena               Credit risk exposure may also increase due to the
    adanya konsentrasi kredit pada debitur, wilayah                  concentration of credit on debtors, geographic
    geografis, produk, jenis pembiayaan atau lapangan                areas, products, types of financing or certain
    usaha tertentu. Tujuan dari pengelolaan risiko kredit            business sector. The purpose of credit risk
    adalah mengendalikan dan mengelola eksposur                      management is to control and manage credit risk
    risiko kredit dalam tingkatan yang dapat diterima.               exposure at an acceptable level.

    Dalam peningkatan aspek kehati-hatian dalam                      In increasing the prudential aspect in managing
    pengelolaan risiko kredit, Bank telah menetapkan                 credit risk, the Bank has organizational structure that
    struktur organisasi yang telah menggambarkan                     has clearly described the separation between the
    secara jelas pemisahan antara fungsi lini                        functions of the first line of defense, second line of
    pertahanan pertama, lini pertahanan kedua dan lini               defense and third line of defense.
    pertahanan ketiga.

    Bank memiliki kebijakan dan prosedur dalam                       The Bank has policies and procedures in providing
    pemberian kredit kepada nasabah Wholesale, SME                   loans to Wholesale, SME and Retail customers, as
    dan Retail, serta kebijakan dan prosedur dalam                   well as policies and procedures for interbank
    rangka penempatan antar bank maupun kegiatan                     placements and trade finance activities. The policies
    trade finance. Kebijakan dan pedoman terkait                     and guidelines related to credit are reviewed and
    perkreditan tersebut dikaji dan disempurnakan                    improved periodically in accordance with the
    secara berkala sesuai dengan ketentuan Regulator,                provisions of the Regulator, other External
    Peraturan Eksternal lainnya, serta perubahan bisnis.             Regulations, and business changes.




                                                        - 162 -
Page 653
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                   40. Risk Management (continued)

    Risiko Kredit (lanjutan)                                         Credit Risk (continued)

    Bank melakukan evaluasi atas tingkat risiko kredit               The Bank evaluates the credit risk level related to
    terkait pemberian fasilitas kepada debitur atau                  financing to customers or projects by considering
    proyek, dengan mempertimbangkan berbagai faktor,                 various factors, among others:
    antara lain:
    i. Historis dan proyeksi kondisi keuangan,                       i.   Historical and projected financial condition,
         termasuk laporan posisi keuangan, laba rugi                      including statement of financial position, income
         dan arus kas nasabah;                                            statements, and cash flows of customers;
    ii. Riwayat hubungan kredit;                                     ii. Credit history;
    iii. Kualitas, kinerja dan pengalaman dari                       iii. Quality, performance, and experience of the
         pengelolaan nasabah;                                             customers’ management;
    iv. Posisi nasabah dalam persaingan di industri                  iv. Customers’ competitive position in the similar
         sejenis; dan                                                     industries; and
    v. Kondisi ekonomi secara umum.                                  v. General economic condition.

    Proses persetujuan fasilitas kredit dilakukan                    The credit facility approval process is carried out
    berdasarkan prinsip bahwa setiap fasilitas harus                 based on the principle that each facility must be
    diproses melalui Komite Kredit. Pengambilan                      processed through the Credit Committee. Decision
    keputusan      dalam      Komite      Kredit    telah            making in the Credit Committee has prioritized the
    mengedepankan prinsip kehati-hatian dimana untuk                 principle of prudence where for the Wholesale and
    segmen Wholesale dan SME, fungsi Bisnis dan                      SME segments, the Business function and the
    fungsi Kredit memiliki memiliki hak suara yang sama              Credit function have the same voting rights in
    dalam pengambilan keputusan kredit. Sedangkan                    making credit decisions. Meanwhile, for the Retail
    untuk segmen Retail pengambilan keputusan kredit                 segment, credit decisions are made by the credit
    dilakukan oleh fungsi kredit.                                    function.

    Dalam pengelolaan mitigasi risiko kredit, Bank telah             In managing credit risk mitigation, the Bank has
    menggunakan credit rating baik untuk segmen SME                  used credit ratings for the SME and Wholesale
    dan Wholesale yang dibangun pada sistem khusus,                  segments which are built on a spesific system,
    dimana Bank terus melakukan upaya yang                           where the Bank continues to make the necessary
    diperlukan untuk penyempurnaan sistem tersebut.                  efforts to improve the system.

    Selanjutnya dalam hal mendukung proses kredit                    Furthermore, in terms of supporting the Retail credit
    Retail, Bank menggunakan aplikasi teknologi                      process, the Bank also uses information technology
    informasi yaitu Sistem Informasi Kredit Mikro (SIKM)             applications, namely the Micro Credit Information
    yang didalamnya terdapat credit scoring untuk                    System (SIKM), which includes credit scoring to
    memperkuat proses analisa pemberian kredit retail.               strengthen the retail credit analysis process.

    Berdasarkan Pedoman Komite Kredit dan Ketentuan                  Based on the Credit Committee Guideline and
    Limit Kewenangan Komite Kredit, tugas lembaga                    Credit Limit Authority Provision, the duties of the
    Komite Kredit paling sedikit meliputi hal-hal sebagai            Credit Committee at least include the following:
    berikut:
    i.   Memberikan persetujuan atau penolakan kredit                i.   Approve or reject credit of financing in
         atau pembiayaan sesuai dengan batas                              accordance with the limits of authority or type of
         wewenang atau jenis kredit atau pembiayaan                       credit or financing set by the directors;
         yang ditetapkan oleh direksi;




                                                        - 163 -
Page 654
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                   40. Risk Management (continued)

     Risiko Kredit (lanjutan)                                        Credit Risk (continued)

    ii.    Melakukan koordinasi dengan Assets and                    ii.    Coordinating with the Assets and Liabilities
           Liabilities Committee (ALCO) dalam aspek                         Committee (ALCO) in the aspect of Credit or
           pendanaan Kredit atau Pembiayaan. Dalam hal                      Financing funding. In the event that ALCO does
           ALCO belum ada, Komite Kredit harus                              not yet exist, the Credit Committee must
           melakukan evaluasi atas aspek pendanaan                          evaluate the aspects of credit or financing
           kredit atau pembiayaan tersebut dan secara                       funding and periodically report in writing to the
           berkala melaporkan secara tertulis kepada                        board of directors;
           direksi;
    iii.   Memahami       aspek     legal/hukum,    aspek            iii.   Understand legal aspects, business aspects,
           bisnis/usaha, aspek keuangan dan aspek                           financial aspects and fairness aspects of the
           kewajaran dari kredit yang dikomitekan; dan                      credit that are discussed in the committee; and
   iv.     Bila diperlukan dapat melakukan koordinasi                iv.    If necessary, it can coordinate with
           dengan unit/fungsi didalam Bank terkait dengan                   units/functions within the Bank regarding their
           kompetensinya.                                                   competence.

     Bank mengimplementasikan berbagai model sesuai                  The Bank has implemented various models to fulfill
     dengan standar regulasi Bank Indonesia maupun                   the Bank Indonesia regulation standard or
     best practice internasional. Bank mengembangkan                 international best practices. The Bank has
     model secara mandiri atau bekerjasama dengan                    developed the models independently or by entering
     pihak ketiga.                                                   into an agreement with third parties.

     Untuk menjaga agar kualitas kredit tetap terjaga,               To maintain credit quality, the Bank has carried out
     Bank telah melakukan pemantauan rutin dan                       regular and consistent monitoring for each type of
     konsisten baik untuk setiap jenis kredit (Komersial,            credit (Commercial, SME, Consumer) and the
     SME, Konsumer) maupun portofolio kredit secara                  overall loan portfolio through the Portfolio Quality
     keseluruhan melalui Portfolio Quality Review (PQR)              Review (PQR) which is held monthly together with
     yang diselenggarakan tiap bulan bersama dengan                  the relevant Board of Directors. In addition, the
     direktur terkait. Selain itu, Bank juga melakukan               Bank also monitors new debtors, particularly
     monitoring debitur baru khususnya melalui Analisa               through vintage analysis based on collectability
     vintage     yang    berbasis     pada    pergerakan             movements and day past due.
     kolektabilitas dan day past due.

     Dalam rangka mengurangi eksposur risiko kredit                  To reduce non-performing credit risk exposure,
     yang bermasalah dilakukan langkah penyehatan                    credit restructuring measures are taken, including
     kredit antara lain melalui restruktur, atau                     among others through restructuring, or credit
     penyelesaian kredit melalui pengambil alihan                    settlement through taking over guarantees to
     jaminan hingga pelaksanaan hapus buku. Proses                   carrying out write-offs. The process of managing
     pengelolaan kredit bermasalah diatur dalam                      non-performing loans is regulated in special policies.
     kebijakan yang bersifat khusus. Selain itu Bank                 Moreover the Bank has strengthened its special
     telah memperkuat fungsi khusus untuk pengelolaan                function in order to managing the credit restructuring
     atas    penyehatan   dan    penyelesaian   kredit               and settlement through Special Asset Management
     bermasalah    yaitu   melalui   Special    Asset                led by SEVP which oversees several Division and
     Management yang dipimpin oleh SEVP yang                         Department.
     membawahkan beberapa Divisi dan Departemen.

     Untuk mengetahui ketahanan Bank dalam                            To understand the Bank's resilience in facing a
     menghadapi suatu skenario kejadian ekstrim tetapi                scenario of extreme events that may occur, the
     mungkin terjadi, Bank melakukan stress test secara               Bank conducts stress tests regularly as part of
     berkala sehingga dapat melakukan antisipasi lebih                early anticipation effort.
     awal.




                                                        - 164 -
Page 655
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                     40. Risk Management (continued)
    Risiko Kredit (lanjutan)                                           Credit Risk (continued)

    Untuk memperkuat pengendalian risiko kredit, Bank                  To strengthen credit risk control, the Bank applies
    menerapkan manajemen risiko tidak hanya pada                       risk management not only to risk taking units but
    risk taking unit namun juga pada unit kerja                        also to supporting work units such as Credit Analyst
    pendukung seperti fungsi Analis Kredit dan fungsi                  functions and Quality Assurance functions. The
    Quality Assurance. Fungsi analis kredit yaitu                      function of the credit analyst is to analyze the loan
    melakukan analisis terhadap proposal pengajuan                     application proposals, while the function of Quality
    kredit sementara fungsi Quality Assurance dan                      Assurance and Credit Examination is to ensure that
    Credit Examination yaitu memastikan pelaksanaan                    the implementation of risk management in the risk
    manajemen risiko di risk taking unit terutama yang                 taking unit, especially those related to credit, has
    berkaitan dengan kredit telah berjalan sebagaimana                 been running properly.
    mestinya.

    Bank juga telah mengembangkan fungsi Credit                        The Bank also developed a Credit Examination
    Examination yang berperan sebagai lini pertahanan                  function, which acts as a second line of defense in
    kedua di risiko kredit yang melakukan pemeriksaan                  credit risk, which conducts independent credit
    kredit (post-fact) secara independen terhadap                      examination (post-fact) on the entire Bank's loan
    seluruh portofolio kredit Bank baik pada Wholesale,                portfolio on Wholesale, SME and Retail segments.
    SME, dan Retail. Pemeriksaan dilakukan untuk                       The examination aims to ensure that the Bank's
    memastikan portofolio kredit Bank dijalankan sesuai                credit portfolio is carried out in accordance with risk
    prinsip manajemen risiko dan telah memenuhi                        management principles and has complied with all
    seluruh ketentuan perkreditan baik internal maupun                 credit provisions, both internal and external.
    eksternal.
    Penerapan prinsip kehati-hatian harus dilakukan                    The application of precautionary principle must be
    secara efektif pada setiap jenis penyediaan dana                   carried out effectively in every type of fund provision
    dan sejak awal proses kredit. Terkait dengan hal                   and from the beginning of the loan process. In this
    tersebut, Bank melakukan pemisahan fungsi analis                   regard, the Bank separates the functions of credit
    kredit dalam proses pengambilan keputusan kredit                   analysts in the credit decision making process with
    dengan adanya pemisahan Account Officer Sales                      the separation of Account Officer Sales and Account
    dan Account Officer Analyst. Sejalan dengan hal                    Officers Analysts. In line with this, changes have
    tersebut, telah dilakukan perubahan atas Pedoman                   been made to the Credit Risk Management
    Manajemen Risiko Kredit sebagai upaya untuk                        Guidelines as an effort to increase understanding
    meningkatkan pemahaman dan kesadaran akan                          and awareness of risks for all parties involved in the
    risiko bagi semua pihak yang terlibat dalam proses                 credit process. These provisions and procedures are
    kredit. Ketentuan dan prosedur ini merupakan                       an integral part of the Bank's risk management
    bagian yang tidak terpisahkan dari kebijakan                       policy.
    manajemen risiko Bank.
    Selain itu, Bank terus berupaya meningkatkan                       In addition, the Bank continues to increase risk
    kesadaran risiko (risk awareness) pada seluruh                     awareness among all Bank employees.
    karyawan Bank.

    a.   Risiko kredit maksimum                                        a.   Maximum credit risk

         Dalam aset keuangan yang diakui di laporan                         For financial assets recognized in the
         posisi keuangan konsolidasian, eksposur                            consolidated statements of financial position,
         maksimum terhadap risiko kredit sama dengan                        the maximum exposure to credit risk generally
         nilai tercatatnya. Untuk bank garansi yang                         equals their carrying amount. For bank
         diterbitkan dan fasilitas Letter of Credit (L/C)                   guarantees and irrevocable Letters of Credit
         atau SKBDN yang tidak dapat dibatalkan,                            (L/C) issued or SKBDN, the maximum
         eksposur maksimum terhadap risiko kredit                           exposure to credit risk is the maximum amount
         adalah nilai yang harus dibayarkan oleh Bank                       that the Bank would have to pay if the
         jika kewajiban atas bank garansi yang                              obligations of the bank guarantees and
         diterbitkan dan fasilitas L/C atau SKBDN yang                      irrevocable Letters of Credit (L/C) issued or
         tidak dapat dibatalkan terjadi atau terealisasi.                   SKBDN are called upon. For credit
         Untuk komitmen kredit, eksposur maksimum                           commitments, the maximum exposure to credit
         atas risiko kredit adalah sebesar jumlah fasilitas                 risk is the full amount of the unused committed
         yang belum ditarik dari nilai penuh fasilitas                      loan facilities granted to customers.
         kredit yang telah disepakati (committed) kepada
         nasabah.




                                                          - 165 -
Page 656
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                      40. Risk Management (continued)
    Risiko Kredit (lanjutan)                                            Credit Risk (continued)
    a.   Risiko kredit maksimum (lanjutan)                              a.   Maximum credit risk (continued)

         Tabel berikut menyajikan eksposur maksimum                          The following table presents the maximum
         terhadap risiko kredit untuk instrumen                              exposure to credit risk of on-balance sheet
         keuangan pada laporan posisi keuangan                               financial instruments and off-balance sheet
         (on-balance sheet) dan rekening administratif                       accounts, without taking into account any
         (off-balance sheet), tanpa memperhitungkan                          collateral held or other credit enhancement:
         agunan yang dimiliki atau perlindungan kredit
         lainnya:
                                                  2024                   2023

         Laporan Posisi Keuangan                                                      Consolidated Statement
           Konsolidasian                                                                of Financial Position
                                                                                      Current accounts with
         Giro pada Bank Indonesia                 2.672.478               3.205.619     Bank Indonesia
         Giro pada bank lain - neto                 396.837                 342.581   Current accounts with other banks- net
         Penempatan pada Bank                                                         Placements with Bank Indonesia
           Indonesia dan bank lain                2.798.303               2.133.567     and other banks
         Surat-surat berharga:                                                        Marketable securities:
           Diukur pada nilai wajar                                                      Fair value through
               melalui melalui laba rugi          7.467.153               5.322.930        profit and loss
           Diukur pada nilai wajar
               melalui penghasilan                                                      Fair value through other
               komprehensif lain                  4.345.452               3.067.387       comprehensive income
           Diukur pada biaya perolehan
               amortisasi - neto                  9.954.226               9.145.823     Measured at amortized cost - net
         Tagihan surat-surat
           berharga yang dibeli dengan                                              Marketable securities purchased
           janji dijual kembali                          -                2.572.152   with agreement to resell
         Tagihan derivatif                          12.054                    3.040 Derivative receivables
         Kredit yang diberikan
           dan pembiayaan                                                           Loans and sharia financing
           /piutang syariah - neto               44.535.289              45.835.782    /receivables - net
         Tagihan akseptasi - neto                    83.079                 130.964 Acceptances receivable - net
         Penyertaan saham                                15                      15 Investments in shares
         Aset lain-lain                           1.560.105               1.272.119 Other assets
         Rekening Administratif                                                     Administrative Accounts
         Fasilitas kredit yang diberikan                                               Unused loans
           dan pembiayaan/piutang                                                      and sharia financing/
           syariah yang belum digunakan           4.282.285               4.822.935    receivables facilities
         L/C dan SKBDN yang
           masih berjalan dan                                                         Outstanding irrevocable L/C
           tidak dapat dibatalkan                   90.095                   88.205     and domestic L/C
         Bank garansi yang diterbitkan             582.778                1.337.709     Bank guarantees issued

         Total                                   78.780.149              79.280.828 Total


    b.   Risiko konsentrasi kredit                                      b.   Credit concentration risk

         Konsentrasi risiko kredit berdasarkan geografis                     Concentration of credit risk by geography

         Risiko konsentrasi kredit timbul ketika sejumlah                    Concentrations of credit risk arise when a
         nasabah bergerak dalam aktivitas usaha yang                         number of customers are engaged in similar
         sejenis atau memiliki kegiatan usaha dalam                          business activities or activities within the same
         wilayah geografis yang sama, atau memiliki                          geographic region, or when they have similar
         karakteristik sejenis.                                              characteristics.




                                                           - 166 -
Page 657
PT BANK KB BUKOPIN TBK                                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                        AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                  Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                             For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                   (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                          otherwise stated)
lain)



40. Manajemen Risiko (lanjutan)                                                        40. Risk Management (continued)

    Risiko Kredit (lanjutan)                                                               Credit Risk (continued)

    b.   Risiko konsentrasi kredit (lanjutan)                                              b.      Credit concentration risk (continued)

         Bank mendorong adanya diversifikasi dari                                                  The bank encourages the diversifications of its
         portofolio kreditnya pada berbagai geografis                                              credit portfolio among a variety of geographic
         dan sektor industri, mencerminkan profil risiko                                           areas and industries, reflecting a well-balanced
         yang seimbang dan sehat dan untuk fokus pada                                              and healthy risk profile, and to focus marketing
         upaya pemasaran terhadap industri dan                                                     efforts toward potential industries and
         nasabah yang potensial untuk meminimalisir                                                customers in order to minimize the credit risk.
         risiko kredit. Bank telah menetapkan limit                                                The Bank has sets its industry concentration
         konsentrasi    industri  yang    menentukan                                               limit based on industry risk level, projection of
         berdasarkan tingkat risiko sektor industri,                                               loan growth and availability of capital.
         proyeksi pertumbuhan kredit dan juga
         ketersediaan modal.

         Konsentrasi risiko kredit berdasarkan geografis                                           Concentration of credit risk by geography

         Diversifikasi  portofolio kredit    didasarkan                                            The extent of diversification is based on the
         rencana strategi bank, sektor target, kondisi                                             Bank’s strategic plan, target sectors, current
         ekonomi saat ini, kebijakan pemerintah, sumber                                            economic conditions, government policy,
         pendanaan dan proyeksi pertumbuhan.                                                       funding sources and growth projections.

         Pada tanggal 31 Desember 2024 dan 2023,                                                   As at December 31, 2024 and 2023, the
         pengungkapan    risiko  kredit  maksimum                                                  disclosure on the maximum credit risk by
         berdasarkan       konsentrasi    sebelum                                                  concentration without taking into account any
         memperhitungkan agunan yang dimiliki dan                                                  collateral held and master netting agreement is
         perjanjian master netting adalah sebagai                                                  as follow:
         berikut:
                                                                      31 Desember/December 31, 2024

                                                    Jawa Selain
                                                    Jabotabek/
                                                    Java Other
                                                       than                                           Lain-Lain/
                                      Jabotabek     Jabotabek     Sumatera        Kalimantan           Others           Total

         Laporan Posisi
         Keuangan                                                                                                                   Consolidated Statement
         Konsolidasian                                                                                                              of Financial Position
         Giro pada Bank                                                                                                             Current accounts with
            Indonesia                   2.672.478            -                -                -                   -    2.672.478       Bank Indonesia
                                                                                                                                    Current accounts
         Giro pada bank lain – neto      396.824             6               7                 -                   -     396.837        with other banks - net
         Penempatan pada Bank                                                                                                       Placements with Bank
            Indonesia dan bank lain     2.798.303            -                -                -                   -    2.798.303       Indonesia and other banks
         Surat-surat berharga:                                                                                                      Marketable securities:
            Diukur pada nilai wajar                                                                                                     Fair value through
               melalui laba rugi        7.467.153            -                -                -                   -    7.467.153       profit and loss
            Diukur pada nilai wajar
               melalui penghasilan                                                                                                     Fair value through other
               komprehensif lain        4.345.452            -                -                -                   -    4.345.452        comprehensive income
            Diukur pada biaya
               perolehan                                                                                                               Measured at
               Amortisasi – neto        9.954.226            -                -                -                   -    9.954.226      amortized cost -net
         Tagihan derivatif                 12.054            -                -                -                   -       12.054   Derivative receivables
         Kredit yang diberikan
         dan pembiayaan/                                                                                                            Loans and sharia
            piutang syariah - neto     29.611.196    7.599.014      2.792.134           705.801        3.827.144       44.535.289      financing/receivables - net
         Tagihan akseptasi - neto          83.079            -              -                 -                -           83.079   Acceptances receivable - net
         Penyertaan saham                      15            -              -                 -                -               15   Investments in shares
         Aset lain-lain                 1.507.046       23.681         10.113             2.774           16.491        1.560.105   Other assets
         Rekening Administratif                                                                                                     Administrative Accounts
         Fasilitas kredit yang
            diberikan dan
            pembiayaan/                                                                                                             Unused loans
            piutang syariah                                                                                                            and sharia financing/
            yang belum digunakan        4.138.224       54.324        50.893             25.541           13.303        4.282.285      receivables facilities
         L/C dan SKBDN yang
            masih berjalan dan                                                                                                      Outstanding irrevocable L/C
            tidak dapat dibatalkan        90.095             -                -                -                   -      90.095       and domestic L/C
         Bank garansi yang
            diterbitkan                  517.621        47.636        14.212              2.828              481         582.778    Bank guarantees issued

         Total                         63.593.766    7.724.661      2.867.359           736.944        3.857.419       78.780.149   Total




                                                                             - 167 -
Page 658
PT BANK KB BUKOPIN TBK                                                                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                                                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                                                   otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                                                               40. Risk Management (continued)
    Risiko Kredit (lanjutan)                                                                                        Credit Risk (continued)
    b.     Risiko konsentrasi kredit (lanjutan)                                                                     b.        Credit concentration risk (continued)
                                                                                            31 Desember/December 31, 2023

                                                               Jawa Selain
                                                               Jabotabek/
                                                               Java Other
                                                                  than                                                             Lain-Lain/
                                          Jabotabek            Jabotabek                Sumatera             Kalimantan             Others               Total

           Laporan Posisi
           Keuangan                                                                                                                                                      Consolidated Statement
           Konsolidasian                                                                                                                                                 of Financial Position
           Giro pada Bank                                                                                                                                                Current accounts with
               Indonesia                     3.205.619                     -                        -                     -                     -        3.205.619           Bank Indonesia
                                                                                                                                                                         Current accounts
           Giro pada bank lain -neto       342.567                        6                         8                     -                     -         342.581            with other banks - net
           Penempatan pada Bank                                                                                                                                          Placements with Bank
               Indonesia dan bank lain 2.133.567                           -                        -                     -                     -        2.133.567       Indonesia and other banks
           Surat-surat berharga:                                                                                                                                         Marketable securities:
               Diukur pada nilai wajar                                                                                                                                       Fair value through
                   melalui laba rugi     5.322.930                         -                        -                     -                     -        5.322.930              profit and loss
               Diukur pada nilai wajar
                   melalui penghasilan                                                                                                                                      Fair value through other
                   komprehensif lain     3.067.387                         -                        -                     -                     -        3.067.387            comprehensive income
               Diukur pada biaya
                   perolehan                                                                                                                                                Measured at
                   Amortisasi - neto     9.145.823                         -                        -                     -                     -        9.145.823          amortized cost - net
           Tagihan surat-surat berharga
               yang dibeli dengan janji                                                                                                                                  Marketable securities sold with
               dijual kembali            2.572.152                         -                        -                     -                     -        2.572.152          agreement to ressell receivable
           Tagihan derivatif                 3.040                         -                        -                     -                     -            3.040       Derivative receivables
           Kredit yang diberikan
           dan pembiayaan/                                                                                                                                               Loans and sharia
               piutang syariah - neto   28.781.905                 8.418.724              3.263.034            1.087.484            4.284.635           45.835.782          financing/receivables - net
           Tagihan akseptasi - neto        130.964                         -                      -                    -                    -              130.964       Acceptances receivable - net
           Penyertaan saham                     15                         -                      -                    -                    -                   15       Investments in shares
           Aset lain-lain                1.223.039                    23.767                  9.342                1.901               14.070            1.272.119       Other assets
           Rekening Administratif                                                                                                                                        Administrative Accounts
           Fasilitas kredit yang
               diberikan dan
               pembiayaan/                                                                                                                                               Unused loans
               piutang syariah                                                                                                                                              and sharia financing/
               yang belum digunakan      4.558.701                  111.418                114.932                25.336               12.548            4.822.935          receivables facilities
           L/C dan SKBDN yang
               masih berjalan dan                                                                                                                                        Outstanding irrevocable L/C
               tidak dapat dibatalkan       85.649                    2.556                         -                     -                     -          88.205           and domestic L/C
           Bank garansi yang
               diterbitkan               1.023.828                  233.912                 20.989                16.169               42.811            1.337.709       Bank guarantees issued

           Total                            61.597.186             8.790.383              3.408.305            1.130.890            4.354.064           79.280.828       Total



         Konsentrasi risiko kredit berdasarkan industri                                                                       Concentration of credit risk by industry
                                                                                            31 Desember/December 31, 2024

                                Keuangan/        Pemerintah/          Konsumsi/            Perdagangan/         Konstruksi/          Manufaktur/          Lain-Lain/
                                 Financial       Government           Consumers                Trade            Construction        Manufacturing           Other                 Total

         Laporan Posisi                                                                                                                                                                      Consolidated
         Keuangan                                                                                                                                                                            Statement of
         Konsolidasian                                                                                                                                                                       Financial Position
         Giro pada Bank                                                                                                                                                                      Current accounts with
           Indonesia                 2.672.478                 -                    -                    -                     -                    -                -           2.672.478     Bank Indonesia
         Giro pada bank                                                                                                                                                                      Current accounts
           lain - neto                396.837                  -                    -                    -                     -                    -                -            396.837      with other banks - net
         Penempatan pada                                                                                                                                                                     Placements with
           Bank Indonesia                                                                                                                                                                      Bank Indonesia
           dan bank lain             2.798.303                 -                    -                    -                     -                    -                -           2.798.303     and other banks
         Surat-surat berharga                                                                                                                                                                Marketable securities
         Diukur pada nilai wajar                                                                                                                                                             Fair value through
           melalui laba rugi         7.192.497        274.656                       -                    -                     -                    -                -           7.467.153     profit and loss
         Diukur pada nilai                                                                                                                                                                   Fair value
           wajar melalui                                                                                                                                                                       through other
           penghasilan                                                                                                                                                                         comprehensive
           komprehensif lain                 -      4.345.452                       -                    -                     -                    -                -           4.345.452     income
         Diukur pada biaya
           perolehan                                                                                                                                                                    Measured at
           diamortisasi - neto       1.669.725      8.284.501                       -                    -                     -                    -                -        9.954.226   amortized cost - net
         Tagihan derivatif              12.054              -                       -                    -                     -                    -                -           12.054 Derivative receivables
         Kredit yang diberikan                                                                                                                                                          Loans and sharia
           dan pembiayaan/                                                                                                                                                                financing/
           piutang syariah - neto      54.738                  -         13.454.097           10.974.326            3.446.991            6.878.004         9.727.133         44.535.289   receivables - net
                                                                                                                                                                                        Acceptances
         Tagihan akseptasi - neto           -                  -                    -                    -                  -               83.079                   -           83.079   receivable - net
         Penyertaan saham                  15                  -                    -                    -                  -                    -                   -               15 Investment in shares
         Aset lain-lain               163.235                  -               81.090              608.150            234.605              465.144               7.881        1.560.105   Other assets
         Rekening Administratif                                                                                                                                                              Administrative accounts
         Fasilitas kredit
           yang diberikan dan                                                                                                                                                              Unused loans and
           pembiayaan/piutang                                                                                                                                                              Sharia financing/
           syariah yang                                                                                                                                                                     receivable
           belum digunakan               6.000                 -          2.810.756                371.895            214.384              429.540           449.710             4.282.285  facilities
         L/C dan SKBDN yang
           masih berjalan dan                                                                                                                                                             Outstanding
           tidak dapat                                                                                                                                                                     irrevocable L/C
           dibatalkan                        -                 -                    -                    -                90.095                    -                -             90.095  and domestic L/C
         Bank garansi yang                                                                                                                                                                Bank guarantees
           diterbitkan                       -                 -                    -                    -            582.778                       -                -            582.778  issued

         Total                      14.965.882     12.904.609            16.345.943           11.954.371            4.568.853            7.855.767        10.184.724         78.780.149 Total




                                                                                                   - 168 -
Page 659
PT BANK KB BUKOPIN TBK                                                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                                    otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                                                 40. Risk Management (continued)

    b. Risiko konsentrasi kredit (lanjutan)                                                          b.     Credit concentration risk (continued)

                                                                                 31 Desember/December 31, 2023
                              Keuangan/        Pemerintah/       Konsumsi/       Perdagangan/    Konstruksi/         Manufaktur/     Lain-Lain/
                               Financial       Government        Consumers           Trade       Construction       Manufacturing      Other        Total

       Laporan Posisi                                                                                                                                          Consolidated
       Keuangan                                                                                                                                                Statement of
       Konsolidasian                                                                                                                                           Financial Position
       Giro pada Bank                                                                                                                                          Current accounts with
         Indonesia                 3.205.619                 -               -              -                   -                -            -    3.205.619     Bank Indonesia
       Giro pada bank                                                                                                                                          Current accounts
         lain - neto                342.581                  -               -              -                   -                -            -     342.581      with other banks - net
       Penempatan pada                                                                                                                                         Placements with
         Bank Indonesia                                                                                                                                          Bank Indonesia
         dan bank lain             2.133.567                 -               -              -                   -                -            -    2.133.567     and other banks
       Surat-surat berharga                                                                                                                                    Marketable securities
       Diukur pada nilai wajar                                                                                                                                 Fair value through
         melalui laba rugi         5.322.917            13                   -              -                   -                -            -    5.322.930     profit and loss
       Diukur pada nilai                                                                                                                                       Fair value
         wajar melalui                                                                                                                                           through other
         penghasilan                                                                                                                                             comprehensive
         komprehensif lain                 -      3.067.387                  -              -                   -                -            -    3.067.387     income
       Diukur pada biaya
         perolehan                                                                                                                                             Measured at
         diamortisasi -neto        1.573.646      7.572.177                  -              -                   -                -            -    9.145.823     amortized cost - net
       Surat-surat                                                                                                                                             Marketable securities
         berharga yang dibeli                                                                                                                                    purchased with
         dengan janji                                                                                                                                            agreement
         dijual kembali                    -      2.572.152                  -              -                   -                -            -    2.572.152     to resell
       Tagihan derivatif               3.040              -                  -              -                   -                -            -        3.040   Derivative receivables
       Kredit yang diberikan                                                                                                                                   Loans and sharia
         dan pembiayaan/                                                                                                                                         financing/
         piutang syariah - neto      15.863                  -    11.520.707       14.451.355        4.563.046           5.494.925    9.789.886   45.835.782     receivables - net
                                                                                                                                                               Acceptances
       Tagihan akseptasi - neto           -                  -             -                -                -            130.964             -      130.964     receivable -net
       Penyertaan saham                  15                  -             -                -                -                  -             -           15   Investment in shares
       Aset lain-lain               289.254                  -        68.963          523.095          179.578            203.345         7.884    1.272.119     Other assets
       Rekening Administratif                                                                                                                                  Administrative accounts
       Fasilitas kredit
         yang diberikan dan                                                                                                                                  Unused loans and
         pembiayaan/piutang                                                                                                                                  Sharia financing/
         syariah yang                                                                                                                                         receivable
         belum digunakan                 11                  -     2.807.181          792.861          244.359            247.389      731.134     4.822.935  facilities
       L/C dan SKBDN yang
         masih berjalan dan                                                                                                                                  Outstanding
         tidak dapat                                                                                                                                          irrevocable L/C
         dibatalkan                        -                 -               -              -           88.205                   -            -      88.205   and domestic L/C
       Bank garansi yang                                                                                                                                     Bank guarantees
         diterbitkan                       -                 -               -              -        1.337.709                   -            -    1.337.709  issued

       Total                      12.886.513     13.211.729       14.396.851       15.767.311        6.412.897          6.076.623    10.528.904   79.280.828     Total




    c. Agunan dan perlindungan kredit lainnya                                                        c.    Collateral and other credit enhancements

       Bank menerapkan kebijakan untuk memitigasi                                                          The Bank implements policies to mitigate credit
       risiko kredit, antara lain dengan meminta agunan                                                    risk, among others, by asking for collateral as
       sebagai jaminan pelunasan kredit jika jaminan                                                       guarantee for repayment of credit if the
       berupa sumber pembayaran utama debitur                                                              collateral is the main source of payment of the
       berdasarkan arus kas tidak terpenuhi. Bank                                                          debtor based on cash flow is not fulfilled. The
       dapat menerima beragam jenis agunan yang                                                            Bank can accept various types of collateral
       diatur oleh kebijakan mitigasi risiko. Nilai agunan                                                 that are regulated by risk mitigation policies.
       ditentukan berdasarkan hasil penilaian pada saat                                                    The collateral value is determined based on
       kredit diberikan dan ditinjau ulang secara berkala                                                  the results of the appraisal at the time the
       dan konsisten.                                                                                      credit is given and is regularly and consistently
                                                                                                           reviewed.

       Untuk kredit yang diberikan, Bank menggunakan                                                        For the loans, Bank uses the collateral to
       agunan untuk meminimalkan risiko kredit.                                                             minimize the credit risk. Loans in Bank are
       Berdasarkan klasifikasi, kredit Bank dapat                                                           classified into two major categories as follows:
       dibedakan menjadi dua kelompok besar, yaitu:

        1.      Secured loans                                                                              1.       Secured loans
        2.      Unsecured loans                                                                            2.       Unsecured loans




                                                                                      - 169 -
Page 660
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)



40. Manajemen Risiko (lanjutan)                                 40. Risk Management (continued)

    c. Agunan dan perlindungan kredit lainnya                      c.   Collateral and other credit enhancements
       (lanjutan)                                                       (continued)

       Untuk secured loans, Bank menetapkan jenis                       For secured loans, Bank determined the type
       dan nilai agunan yang dijaminkan sesuai skema                    and value of collateral according to the loan
       kredit. Jenis dari agunan terdiri dari:                          scheme. Types of collateral are as follows:
       a. Physical collateral, antara lain tanah,                       a. Physical collateral, such as land, buildings
           bangunan dan BPKB kendaraan bermotor;                            and proof of vehicle ownership;
       b. Cash collateral, antara lain simpanan                         b. Cash collateral, such as deposits (savings,
           (tabungan, giro dan deposito berjangka),                         current accounts, time deposit), gold,
           emas, financial collateral (surat berharga);                     financial collateral (securities); and
           dan
       c. Lainnya, antara lain garansi, jaminan                         c.   Others, such as guarantees, government
           pemerintah, dan jaminan dari Lembaga                              guarantees,    and     guarantees from
           penjamin.                                                         guarantee/insurance institution.

       Agunan merupakan sumber terakhir pelunasan                       Collateral is a second source of credit
       kredit (secondary source of credit repayment)                    repayment and also as a form of credit risk
       dan sebagai salah satu bentuk mitigasi risiko                    mitigation. The primary source of credit
       kredit. Sumber utama pelunasan kredit berasal                    repayment is the funds generated from
       dari hasil usaha dan hasil analisa kemampuan                     business operations and capability analysis the
       debitur.                                                         borrowers.

    d. Kualitas aset keuangan                                      d.   Quality of financial assets

       Kualitas aset keuangan dikelola oleh Bank                        The financial assets quality is managed by the
       dengan menggunakan panduan dari Otoritas                         Bank using the guidance from Financial
       Jasa Keuangan dan diungkapkan pada Catatan                       Services Authority and disclosed in Notes 4, 5,
       4, 5, 6, 7, 8, 9, 10, 11 dan 12 atas laporan                     6, 7, 8, 9, 10, 11, and 12 to the consolidated
       keuangan konsolidasian.                                          financial statements.

       Bank memiliki kebijakan terkait tingkat risiko                   The Bank has policy related to risk appetite and
       yang akan diambil (risk appetite) dan toleransi                  risk tolerance to maintain risk rating over all
       risiko (risk tolerance) untuk mempertahankan                     financial asset portfolios accurately and
       peringkat risiko di seluruh portofolio aset                      consistently, therefore the Bank will focused on
       keuangan secara akurat dan konsisten, sehingga                   the risks with certain rating and the comparison
       Bank fokus atas risiko dengan peringkat tertentu                 of credit exposures across all business lines,
       dan perbandingan eksposur kredit di seluruh lini                 geographic regions, and products. The rating
       bisnis, daerah geografis dan produk. Sistem                      system is supported by a various financial
       peringkat ini didukung oleh berbagai analisis                    analytics, combined with processed market
       keuangan, dikombinasikan dengan informasi                        information to provide the main inputs of
       pasar     sebagai    masukan    utama     untuk                  counterparty risk measurement. The risk rating
       pengukuran risiko pihak lawan (counterparty).                    is adjusted to various categories and is
       Peringkat risiko disesuaikan dengan berbagai                     determined in accordance with the Bank
       kategori dan ditentukan sesuai dengan panduan                    Indonesia rating guidelines which are assessed
       peringkat Bank Indonesia yang dinilai dan                        and updated regularly.
       diperbaharui secara berkala.




                                                      - 170 -
Page 661
PT BANK KB BUKOPIN TBK                                                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                                     otherwise stated)
lain)



40. Manajemen Risiko (lanjutan)                                                              40. Risk Management (continued)

    e. Evaluasi penurunan nilai                                                                       e. Impairment assessment

        Di samping itu, Bank telah menerapkan PSAK                                                         Moreover, Bank has implemented PSAK 71 in
        71 dalam perhitungan Cadangan Kerugian                                                             calculating Allowance for Impairment Losses
        Penurunan Nilai (CKPN) terutama dalam                                                              (CKPN) especially in the calculation of
        perhitungan Probability of Default (PD) dan Loss                                                   Probability of Default (PD) and Loss Given
        Given Default (LGD).                                                                               Default (LGD).

        Metodologi perhitungan CKPN dikelompokkan                                                          CKPN Calculation methodology grouped into 2
        ke dalam 2 (dua) kategori, yaitu kolektif dan                                                      categories, those are collective and individual.
        individual. Metode penurunan nilai ini digunakan                                                   This method used to calculate CKPN for
        untuk menghitung CKPN fasilitas kredit yang                                                        significant and non-significant loan. Minimum
        terkait dengan significant loan dan non-                                                           criteria that describe significant and non-
        significant loan. Minimum kriteria yang termasuk                                                   significant loan refers to Bank’s Financial Asset
        dalam kategori significant loan dan non-                                                           Impairment Policy.
        significant loan mengacu kepada Pedoman
        Penurunan Nilai Aset Keuangan Bank.

       Tabel berikut ini menyajikan aset keuangan                                                          The following table presents the financial assets
       (tidak termasuk tagihan dari cabang-cabang lain)                                                    (not include due from other branches), based
       berdasarkan staging dan peringkat kredit pada                                                       on stage and credit grading as at
       tanggal 31 Desember 2024 dan 2023, adalah                                                           December 31, 2024 and 2023, are as follows:
       sebagai berikut:
                                                                                    31 Desember/December 31, 2024

                                                       Penempatan
                                                        pada Bank
                             Giro                       Indonesia
                         pada Bank       Giro pada      dan bank-                                                                        Aset
                         Indonesia/      bank lain/     bank lain/                                                                    keuangan
                           Current        Current      Placements                     Tagihan                            Penyertaan    lainnya/
                          Accounts       accounts       with Bank                    akseptasi/       Kredit yang           Saham/       Other
                         with Bank       with other   Indonesia and   Efek-efek/    Acceptance         diberikan/       Investments    financial
                          Indonesia        banks       other banks    Securities    receivables          Loans            in Shares     assets     Jumlah/ Total

       Aset keuangan                                                                                                                                              Financial
         dengan biaya                                                                                                                                                 assets at
         perolehan                                                                                                                                                    amortized
         diamortisasi                                                                                                                                                 cost
       Stage 1               2.672.478    397.137        2.798.303     9.954.506         84.279         37.244.210              15     1.575.128       54.726.056 Stage 1
       Stage 2                       -          -                -             -              -          6.276.660               -             -        6.276.660 Stage 2
       Stage 3                       -          -                -             -              -          4.006.616               -             -        4.006.616 Stage 3

                             2.672.478    397.137        2.798.303     9.954.506         84.279         47.527.486              15     1.575.128       65.009.332

       Aset keuangan                                                                                                                                              Financial assets -
         - nilai wajar                                                                                                                                                fair value
         melalui                                                                                                                                                      through other
         penghasilan                                                                                                                                                  comprehensive
         komprehensif lain                                                                                                                                            income
       Stage 1                       -           -               -     4.345.452                  -                 -            -             -        4.345.452 Stage 1

                                                                                                                                                                  Financial
       Aset keuangan                                                                                                                                                  assets - fair
         - nilai wajar                                                                                                                                                value through
         melalui laba rugi                                                                                                                                            profit or loss
       Stage 1                       -           -               -     7.467.153                  -                 -            -             -        7.467.153 Stage 1

       Jumlah aset                                                                                                                                                  Total financial
         keuangan            2.672.478    397.137        2.798.303    21.767.111         84.279         47.527.486              15     1.575.128       76.821.937      assets

       Cadangan                                                                                                                                                   Allowance
         kerugian                                                                                                                                                     for impairment
         penurunan nilai                                                                                                                                              losses
       Stage 1                       -        300                -           280          1.200            497.013               -        15.023          513.816 Stage 1
       Stage 2                       -          -                -             -              -            509.077               -             -          509.077 Stage 2
       Stage 3                       -          -                -             -              -          1.986.107               -             -        1.986.107 Stage 3

       Jumlah cadangan                                                                                                                                              Total allowance
         kerugian                                                                                                                                                      for impairment
         penurunan nilai             -        300                -           280          1.200          2.992.197               -        15.023        3.009.000      losses

       Jumlah – bersih       2.672.478    396.837        2.798.303    21.766.831         83.079         44.535.289              15     1.560.105       73.812.937 Total - net




                                                                                   - 171 -
Page 662
PT BANK KB BUKOPIN TBK                                                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                                     otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                                              40. Risk Management (continued)

     e. Evaluasi penurunan nilai (lanjutan)                                                           e.     Impairment assessment (continued)
                                                                                    31 Desember/December 31, 2023

                                                       Penempatan
                                                        pada Bank
                             Giro                       Indonesia
                         pada Bank       Giro pada      dan bank-                                                                        Aset
                         Indonesia/      bank lain/     bank lain/                                                                    keuangan
                           Current        Current      Placements                     Tagihan                            Penyertaan    lainnya/
                          Accounts       accounts       with Bank                    akseptasi/       Kredit yang           Saham/       Other
                         with Bank       with other   Indonesia and   Efek-efek/    Acceptance         diberikan/       Investments    financial
                          Indonesia        banks       other banks    Securities    receivables          Loans            in Shares     assets     Jumlah/ Total

       Aset keuangan                                                                                                                                              Financial
         dengan biaya                                                                                                                                                 assets at
         perolehan                                                                                                                                                    amortized
         diamortisasi                                                                                                                                                 cost
       Stage 1               3.205.619    342.881        2.133.567     9.145.932        132.577            40.416.916           15     1.531.016       56.908.523 Stage 1
       Stage 2                       -          -                -             -              -             4.348.331            -             -        4.348.331 Stage 2
       Stage 3                       -          -                -             -              -             4.653.369            -             -        4.653.369 Stage 3

                             3.205.619    342.881        2.133.567     9.145.932        132.577            49.418.616           15     1.531.016       65.910.223

       Aset keuangan                                                                                                                                              Financial assets -
         - nilai wajar                                                                                                                                                fair value
         melalui                                                                                                                                                      through other
         penghasilan                                                                                                                                                  comprehensive
         komprehensif lain                                                                                                                                        income
       Stage 1                       -           -               -     3.067.387                  -                 -            -             -        3.067.387 Stage 1

                                                                                                                                                                  Financial
       Aset keuangan                                                                                                                                                  assets - fair
         - nilai wajar                                                                                                                                                value through
         melalui laba rugi                                                                                                                                            profit or loss
       Stage 1                       -           -               -     5.322.930                  -                 -            -             -        5.322.930 Stage 1

       Jumlah aset                                                                                                                                                  Total financial
         keuangan            3.205.619    342.881        2.133.567    17.536.249        132.577            49.418.616           15     1.531.016       74.300.540      assets

       Cadangan                                                                                                                                                   Allowance
         kerugian                                                                                                                                                     for impairment
         penurunan nilai                                                                                                                                              losses
       Stage 1                       -        300                -           109          1.613               858.219            -        51.597          911.838 Stage 1
       Stage 2                       -          -                -             -              -               459.100            -             -          459.100 Stage 2
       Stage 3                       -          -                -             -              -             2.265.515            -             -        2.265.515 Stage 3

       Jumlah cadangan                                                                                                                                              Total allowance
         kerugian                                                                                                                                                      for impairment
         penurunan nilai             -        300                -           109          1.613             3.582.834            -        51.597        3.636.453      losses

       Jumlah – bersih       3.205.619    342.581        2.133.567    17.536.140        130.964            45.835.782           15     1.479.419       70.664.087 Total - net




       Dalam menentukan kualitas kredit berdasarkan                                                          In determining credit quality by client segment
       segmen nasabah, untuk portofolio Komersial,                                                           for Commercial, SME and Consumer banking
       UMKM dan Konsumer, eksposur dianalisis                                                                portfolios. Exposures are analyzed by credit
       berdasarkan peringkat risiko kredit yang                                                              grade which plays a central role in the quality
       memainkan peranan utama dalam penilaian                                                               assessment and monitoring of risk. All loans are
       kualitas dan pengawasan risiko. Semua kredit                                                          assigned a credit grade which is reviewed
       diberikan peringkat risiko kredit yang ditelaah                                                       periodically and amended in light of changes in
       ulang secara sistematis dan diubah berdasarkan                                                        the borrower’s circumstances or behavior.
       perubahan keadaan atau perilaku debitur. Risiko                                                       Credit grading is classified based on
       kredit diklasifikasi berdasarkan kolektibilitas dan                                                   collectibility and Day Past Due (DPD). In case
       lama tunggakan (DPD). Adapun kredit dengan                                                            of loans with collectibility 1 and collectibility 2
       kolektibilitas 1 dan kolektibilitas 2 dengan DPD                                                      with DPD less than 30 days are classified on
       kurang dari sama dengan 30 hari diklasifikasikan                                                      stage 1. Loans with collectibility 2 with DPD
       pada stage 1. Kredit dengan kolektibilitas 2                                                          more than 31 days up to less than 90 days days
       dengan DPD lebih dari sama dengan 31 hari                                                             are classified on stage 2. While loans with
       sampai dengan kurang dari sama dengan 90                                                              collectibility 3, 4 and 5 are classified on stage 3.
       hari diklasifikasikan pada stage 2. Sementara
       kredit dengan kolektibilitas 3, 4 dan 5
       diklasifikasikan pada stage 3.




                                                                                   - 172 -
Page 663
PT BANK KB BUKOPIN TBK                                                                                                                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                                                                                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2024 dan 2023                                                                                               For the Years Ended December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                               (Figures are presented in million Rupiah, unless otherwise stated)


40. Manajemen Risiko (lanjutan)                                                                                        40. Risk Management (continued)

    e. Evaluasi penurunan nilai (lanjutan)                                                                                      e.   Impairment assessment (continued)

       Tabel berikut adalah instrumen aset keuangan (tidak termasuk tagihan dari                                                     This table shows financial assets instruments (not include due from other
       cabang-cabang lain) berdasarkan stage dengan jumlah cadangan kerugian                                                         branches) by stage with the allowance for impairment losses against each
       penurunan nilai untuk setiap instrumen dengan klasifikasi biaya perolehan                                                     financial instruments under classification of amortized cost and fair value through
       diamortisasi dan nilai wajar melalui penghasilan komprehensif lain pada                                                       other comprehensive income as at December 31, 2024 and 2023, are as follow:
       tanggal 31 Desember 2024 dan 2023, adalah sebagai berikut:

                                                                                                               31 Desember/December 31, 2024

                                               Stage 1                                           Stage 2                                               Stage 3                                      Jumlah/Total

                                               Cadangan                                          Cadangan                                              Cadangan                                       Cadangan
                                               Kerugian                                          Kerugian                                              Kerugian                                       Kerugian
                                              Penurunan                                         Penurunan                                             Penurunan                                      Penurunan
                                  Nilai          Nilai/       Nilai Tercatat     Nilai             Nilai/       Nilai Tercatat         Nilai             Nilai/       Nilai Tercatat     Nilai          Nilai/      Nilai Tercatat
                                Tercatat/    Allowance for       Bersih/       Tercatat/       Allowance for       Bersih/           Tercatat/       Allowance for       Bersih/       Tercatat/    Allowance for      Bersih/
                                Carrying      Impairment      Net Carrying     Carrying         Impairment      Net Carrying         Carrying         Impairment      Net Carrying     Carrying      Impairment     Net Carrying
                                Amount          Losses           Amount        Amount             Losses           Amount            Amount             Losses           Amount        Amount          Losses          Amount

       Giro pada                                                                                                                                                                                                                   Current accounts with
          Bank Indonesia         2.672.478               -      2.672.478                  -               -                -                    -               -               -      2.672.478              -         2.672.478    Bank Indonesia
       Giro pada bank                                                                                                                                                                                                              Current accounts with
          lain                    397.137             (300)       396.837                  -               -                -                    -               -               -       397.137            (300)          396.837    other banks - net
       Penempatan pada Bank                                                                                                                                                                                                        Placements with Bank
          Indonesia dan                                                                                                                                                                                                               Indonesia and
          bank lain              2.798.303               -      2.798.303              -                  -               -                  -                  -               -       2.798.303              -        2.798.303     other bank - net
       Surat - surat berharga   21.767.111            (280)    21.766.831              -                  -               -                  -                  -               -      21.767.111           (280)      21.766.831 Marketable securities
       Tagihan akseptasi            84.279          (1.200)        83.079              -                  -               -                  -                  -               -          84.279         (1.200)          83.079 Acceptance receivables
       Kredit yang diberikan    37.244.210        (497.013)    36.747.197      6.276.660           (509.077)      5.767.583          4.006.616         (1.986.107 )     2.020.509      47.527.486     (2.992.197)      44.535.289 Loans
       Penyertaan Saham                 15               -             15              -                  -               -                  -                  -               -              15              -               15 Investment in shares
       Aset keuangan lainnya     1.575.128         (15.023)     1.560.105              -                  -               -                  -                  -               -       1.575.128        (15.023)       1.560.105 Other financial assets

                                66.538.661        (513.816)    66.024.845      6.276.660           (509.077)      5.767.583          4.006.616         (1.986.107 )     2.020.509      76.821.937     (3.009.000)      73.812.937




                                                                                                                 - 173 -
Page 664
PT BANK KB BUKOPIN TBK                                                                                                                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                                                                                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2024 dan 2023                                                                                                For the Years Ended December 31, 2024 and 2023
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan lain)                                                                                                (Figures are presented in million Rupiah, unless otherwise stated)
40. Manajemen Risiko (lanjutan)                                                                                        40. Risk Management (continued)
    e. Evaluasi penurunan nilai (lanjutan)                                                                                      e.    Impairment assessment (continued)
                                                                                                               31 Desember/December 31, 2023
                                               Stage 1                                           Stage 2                                                Stage 3                                      Jumlah/Total
                                               Cadangan                                          Cadangan                                               Cadangan                                       Cadangan
                                               Kerugian                                          Kerugian                                               Kerugian                                       Kerugian
                                              Penurunan                                         Penurunan                                              Penurunan                                      Penurunan
                                  Nilai          Nilai/       Nilai Tercatat     Nilai             Nilai/       Nilai Tercatat          Nilai             Nilai/       Nilai Tercatat     Nilai          Nilai/      Nilai Tercatat
                                Tercatat/    Allowance for       Bersih/       Tercatat/       Allowance for       Bersih/            Tercatat/       Allowance for       Bersih/       Tercatat/    Allowance for      Bersih/
                                Carrying      Impairment      Net Carrying     Carrying         Impairment      Net Carrying          Carrying         Impairment      Net Carrying     Carrying      Impairment     Net Carrying
                                Amount          Losses           Amount        Amount             Losses           Amount             Amount             Losses           Amount        Amount          Losses          Amount
       Giro pada                                                                                                                                                                                                                    Current accounts with
          Bank Indonesia         3.205.619               -      3.205.619                  -               -                -                     -               -               -      3.205.619              -         3.205.619    Bank Indonesia
       Giro pada bank                                                                                                                                                                                                               Current accounts with
          lain                    342.881             (300)       342.581                  -               -                -                     -               -               -       342.881            (300)          342.581    other banks - net
       Penempatan pada Bank                                                                                                                                                                                                         Placements with Bank
          Indonesia dan                                                                                                                                                                                                                Indonesia and
          bank lain              2.133.567               -      2.133.567              -                  -               -                   -                  -               -       2.133.567              -        2.133.567     other bank - net
       Surat - surat Berharga   17.536.249            (109)    17.536.140              -                  -               -                   -                  -               -      17.536.249           (109)      17.536.140  Marketable Securities
       Tagihan akseptasi           132.577          (1.613)       130.964              -                  -               -                   -                  -               -         132.577         (1.613)         130.964  Acceptance receivables
       Kredit yang diberikan    40.416.916        (858.219)    39.558.697      4.348.331           (459.100)      3.889.231           4.653.369         (2.265.515)      2.387.854      49.418.616     (3.582.834)      45.835.782  Loans
       Penyertaan Saham                 15               -             15              -                  -               -                   -                  -               -              15              -               15  Investment in shares
       Aset keuangan lainnya     1.531.016         (51.597)     1.479.419              -                  -               -                   -                  -               -       1.531.016        (51.597)       1.479.419  Other financial assets
                                65.298.840        (911.838)    64.387.002      4.348.331           (459.100)      3.889.231           4.653.369         (2.265.515 )     2.387.854      74.300.540     (3.636.453)      70.664.087
        Dalam hal terdapat keraguan terhadap kemampuan nasabah untuk                                                                 Where there is doubt on the ability of the borrowers to meet contractual payments
        melakukan pembayaran kontraktual pada saat jatuh tempo, persyaratan                                                          when due, the terms of the loans might be renegotiated based on mutual
        kredit dapat dinegosiasikan kembali berdasarkan kesepakatan antara Bank                                                      agreement between the Bank and the borrowers.
        dan nasabah.
                                                                                                                 - 174 -
Page 665
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                   40. Risk Management (continued)

    Risiko Pasar                                                     Market Risk

    Risiko pasar adalah risiko kerugian yang timbul                  Market risk is the risk of losses that arise due to
    akibat perubahan faktor pasar yang tidak sesuai                  changes in market factors that are not in accordance
    dengan posisi yang diambil oleh Bank baik pada                   with position taken by Bank both in the position of
    posisi aset dan liabilitas keuangan dan rekening                 financial assets and liabilities and administrative
    administratif, termasuk risiko perubahan harga opsi.             accounts, including the risk of changes in option
    Aktivitas Bank secara kesuluruhan akan dipengaruhi               prices. The overall activity of the Bank will be
    oleh pergerakan variabel pasar seperti suku bunga,               influenced by movements in market variables such
    nilai tukar, harga ekuitas dan harga komoditas.                  as interest rates, exchange rates, equity prices and
    Dalam rangka meminimalisasi potensi kerugian                     commodity prices. In order to minimize the potential
    yang dapat terjadi dari volatilitas pergerakan                   losses that may occur due to the volatility of such
    variabel pasar tersebut, maka diperlukan adanya                  market variable movements, it is necessary to
    pemantauan yang ketat terhadap posisi Bank yang                  perform strict monitoring of the Bank’s exposure.
    terekspos.

    Pengelolaan risiko pasar dijalankan berdasarkan                  The overall market risk management is performed
    kebijakan dan prosedur yang berkaitan dengan                     based on the policies and procedures related to the
    produk, jasa dan aktivitas treasury serta bisnis yang            products, services and activities in the treasury and
    terpapar risiko tersebut. Pengendalian risiko nilai              business exposed to that risk. The management of
    tukar mata uang asing dan risiko suku bunga Bank                 foreign exchange rate and interest rate risks in the
    pada trading book antara lain melalui analisis risiko            trading book is performed through risk and limit
    dan limit untuk aktivitas trading seperti transaksi              analysis for trading activities such as money market,
    money market, foreign exchange dan fixed income                  foreign exchange, and fixed income securities
    securities (surat-surat berharga). Selain itu,                   transactions (marketable securities). Furthermore,
    dilakukan proses marked-to-market untuk posisi                   the trading book position has been marked-to-
    trading book, monitoring posisi devisa neto dan                  market and the net open position and Value at Risk
    Value at Risk (VaR) atas posisi tersebut.                        (VaR) on that position are monitored.

    Risiko suku bunga                                                Interest rate risk

    Dalam rangka mengidentifikasi risiko secara lebih                In order to identify the risk more accurately towards
    akurat pada produk dan aktivitas Bank yang sensitif              the Bank’s products and activity that are sensitive to
    terhadap suku bunga pasar yang dapat                             market’s interest rate which may affect risk level of
    memengaruhi tingkat risiko Bank dan untuk                        the Bank and to make a good sound practice, the
    mewujudkan sistem perbankan yang sehat maka                      Bank needs to manage interest rate risk for both
    Bank perlu mengelola risiko suku bunga yang tidak                components either in the trading book or Banking
    hanya terbatas pada komponen trading book namun                  book component according to the conservatism
    juga pada komponen banking book sesuai dengan                    principles.
    prinsip kehati-hatian.

    Pengelolaan risiko suku bunga dalam Interest Rate                The Interest Rate Risk in the Banking Book (IRRBB)
    Risk in the Banking Book (IRRBB) dilakukan dengan                management is performed by monitoring the
    memperhatikan pergerakan suku bunga di pasar                     movement of interest rate in market not in same
    yang berlawanan dengan Posisi Banking Book,                      direction with Banking Book Position that may
    yang berpotensi memberikan dampak terhadap                       impact the Bank’s capital and earning, in current
    permodalan dan rentabilitas (earnings) Bank, baik                condition and the future.
    untuk saat ini maupun pada masa mendatang.

    IRRBB bersumber dari 3 (tiga) aspek dasar yang                   IRRBB originates from 3 (three) fundamental
    terkait dengan tingkat dan karakteristik struktur suku           aspects related to the level and characteristics of the
    bunga, serta dampak dari tingkat dan karakteristik               interest rate structure, as well as the impact of these
    tersebut terhadap perubahan atas kurva imbal hasil               levels and characteristics on changes in the yield
    (yield curve). Ketiga aspek dasar dimaksud adalah                curve. The basic aspects are gap risk, basis risk and
    gap risk, basis risk dan option risk.                            option risk.




                                                        - 175 -
Page 666
PT BANK KB BUKOPIN TBK                                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                   otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                               40. Risk Management (continued)

    Risiko Pasar (lanjutan)                                                          Market Risk (continued)

    Dalam melakukan pengukuran risiko, Bank                                          In measuring risks, the Bank has performed stress
    melakukan stress test dengan beberapa skenario,                                  tests based on several scenarios, including the
    termasuk skenario terburuk (worst case scenario)                                 worst case scenario. This is intended to assess the
    untuk mengetahui tingkat kemampuan Bank dalam                                    Bank’s ability during various levels of market
    menghadapi berbagai tingkat pergerakan hingga                                    movements to abnormal market conditions. The
    kondisi pasar yang tidak normal. Hasil stress test                               stress test results was used as a consideration in
    tersebut digunakan sebagai pertimbangan pada                                     determining changes in policies and limit related to
    saat penetapan atau perubahan kebijakan dan limit                                market risk. Stress testing is done every 3 (three)
    risiko pasar. Stress testing dilakukan setiap 3 (tiga)                           months or whichever is earlier in case there is an
    bulan sekali atau periode yang lebih pendek jika                                 abnormal condition. The Bank periodically performs
    terjadi kondisi abnormal. Bank melakukan back                                    back testing to validate methodology, formula,
    testing untuk validasi pada metodologi, formula,                                 model and assumptions used on each scenario of
    model dan penggunaan asumsi pada setiap                                          risk measurement model.
    skenario dalam model pengukuran risiko.

    Tabel berikut mengikhtisarkan eksposur risiko suku                               The table below summarizes the Bank’s interest rate
    bunga Bank atas aset keuangan dan liabilitas                                     risk exposure on non-trading financial assets and
    keuangan yang tidak untuk diperdagangkan pada                                    liabilities as at December 31, 2024 and 2023 (Bank
    31 Desember 2024 dan 2023, (Bank saja).                                          only).
                                                                       31 Desember/December 31, 2024

                                                     Kurang Dari                                                 Lebih dari
                                                       3 Bulan/                                                   5 Tahun/
                                                      Less Than           3 - 12 Bulan/       1 - 5 Tahun/       More Than
                                         Total        3 Months               Months               Years            5 Years

     Aset                                                                                                                         Assets
                                                                                                                                  Current accounts with
     Giro pada Bank Indonesia            2.301.999      2.301.999                         -                  -                -     Bank Indonesia
                                                                                                                                  Current accounts with
     Giro pada Bank lain                  428.273         428.273                         -                  -                -     other Bank
     Penempatan pada Bank                                                                                                         Placements with Bank
        Indonesia dan bank lain          1.594.828      1.594.828                         -                  -                -   Indonesia and other banks
     Surat-surat berharga                                                                                                         Marketable securities
     Diukur pada nilai wajar                                                                                                      Fair value through
        melalui laba rugi                7.417.653                 -                      -       6.078.310          1.339.343      profit or loss
     Diukur pada nilai wajar melalui                                                                                              Fair value through other
        penghasilan komprehensif lain    4.506.470                 -             202.902          3.692.775            610.793      comprehensive
     Diukur pada biaya perolehan                                                                                                  Measured at
        Amortisasi - neto                9.182.948      1.244.628                413.460          7.524.860                   -     amortized cost - net
     Tagihan derivatif                      12.054         12.054                      -                  -                   -   Derivative receivable
     Kredit yang diberikan                                                                                                        Loans and sharia/
        dan pembiayaan/                                                                                                             financing/
        piutang syariah - bruto         41.456.215      3.470.998              7.214.252        14.996.741          15.774.224      receivables - gross
     Tagihan akseptasi                      84.279         83.677                    602                 -                   -    Acceptance receivables

                                        66.984.719      9.136.457              7.831.216        32.292.686          17.724.360

     Liabilitas                                                                                                                   Liabilities
     Simpanan nasabah                   40.147.845     34.944.441              4.610.489           592.915                    -   Deposits from customers
     Simpanan dari bank lain             2.826.678      2.823.678                  3.000                 -                    -   Deposits from other banks
     Pinjaman yang diterima             13.775.967      1.500.000              4.446.061         7.829.906                    -   Borrowings
     Surat berharga yang diterbitkan     5.790.158              -                      -         5.790.158                    -   Securities issued

                                        62.540.648     39.268.119              9.059.550        14.212.979                    -

     Neto                                4.444.071    (30.131.662)            (1.228.334)       18.079.707          17.724.360    Net




                                                                   - 176 -
Page 667
PT BANK KB BUKOPIN TBK                                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                      otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                                 40. Risk Management (continued)

    Risiko Pasar (lanjutan)                                                             Market Risk (continued)
                                                                         31 Desember/December 31, 2023

                                                       Kurang Dari                                                       Lebih dari
                                                         3 Bulan/                                                         5 Tahun/
                                                        Less Than           3 - 12 Bulan/            1 - 5 Tahun/        More Than
                                         Total          3 Months               Months                    Years             5 Years

     Aset                                                                                                                                 Assets
                                                                                                                                          Current accounts with
     Giro pada Bank Indonesia            2.655.765        2.655.765                         -                       -                 -     Bank Indonesia
                                                                                                                                          Current accounts with
     Giro pada bank lain                     367.341        367.341                         -                       -                 -     other banks
     Penempatan pada Bank                                                                                                                 Placements with Bank
        Indonesia dan bank lain              738.617        738.617                         -                       -                 -     Indonesia and other banks
     Surat-surat berharga                                                                                                                 Marketable securities
     Diukur pada nilai wajar                                                                                                              Fair value through
        melalui laba rugi                5.322.930                   -                      -            4.434.321             888.609      profit or loss
     Diukur pada nilai wajar melalui                                                                                                      Fair value through other
        penghasilan komprehensif lain    3.477.939                   -                76.255             2.897.332             504.352      comprehensive
     Diukur pada biaya perolehan                                                                                                          Measured at
        amortisasi - neto                8.807.987        1.277.192                  193.121             7.337.674                    -     amortized cost - net
     Tagihan derivatif                       3.040            3.040                        -                     -                    -   Derivative receivable
     Kredit yang diberikan                                                                                                                Loans and sharia/
        dan pembiayaan/                                                                                                                     financing/
        piutang syariah - bruto         44.183.228        3.513.641              7.869.650             15.523.202           17.276.735      receivables - gross
     Tagihan akseptasi                     132.577           96.953                 35.624                      -                    -    Acceptance receivables

                                        65.689.424        8.652.549              8.174.650             30.192.529           18.669.696

     Liabilitas                                                                                                                           Liabilities
     Simpanan nasabah                   39.036.634       31.493.700              7.349.532                193.402                     -   Deposits from customers
     Simpanan dari bank lain             7.761.176        7.758.176                  3.000                      -                     -   Deposits from other banks
     Pinjaman yang diterima             11.654.712        1.231.760              2.247.547              8.175.405                     -   Borrowings
     Surat berharga yang diterbitkan     3.397.588                -                      -              3.397.588                     -   Securities issued

                                        61.850.110       40.483.636              9.600.079             11.766.395                     -

     Neto                                3.839.314      (31.831.087)             (1.425.429)           18.426.134           18.669.696    Net




    Manajemen risiko suku bunga atas limit repricing                                    The management of interest rate risk against
    gap dilakukan dengan memonitor sensitivitas aset                                    repricing gap limits is supplemented by monitoring
    dan liabilitas keuangan Bank atas berbagai skenario                                 the sensitivity of the Bank’s financial assets and
    tingkat bunga baik standar dan non-standar. Analisis                                liabilities to various standard and non-standard
    sensitivitas Bank atas kenaikan atau penurunan                                      interest rate scenarios. An analysis of the Bank’s
    tingkat bunga pasar, dengan asumsi bahwa tidak                                      sensitivity to an increase or decrease in market
    ada pergerakan asimetris di kurva imbal hasil dan                                   interest rates, assuming no asymmetrical movement
    posisi laporan posisi keuangan yang tetap, adalah                                   in curves and a constant position of statement of
    sebagai berikut (tidak diaudit):                                                    financial position, is as follows (unaudited):

                                                            31 Desember/December 31, 2024

                                                       Kenaikan paralel                         Penurunan paralel
                                                        100 basis poin/                          100 basis poin/
                                                       100 basis point-                          100 basis point-
                                                       parallel increase                        parallel decrease

     Sensitivitas atas proyeksi pendapatan                                                                                Sensitivity of projected
       bunga - neto                                                       (63.470)                              63.470      interest income - net


                                                            31 Desember/December 31, 2023

                                                       Kenaikan paralel                         Penurunan paralel
                                                        100 basis poin/                          100 basis poin/
                                                       100 basis point-                          100 basis point-
                                                       parallel increase                        parallel decrease

     Sensitivitas atas proyeksi pendapatan                                                                                Sensitivity of projected
       bunga - neto                                                      (224.021)                            224.021       interest income - net




                                                                     - 177 -
Page 668
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                      40. Risk Management (continued)

    Risiko Pasar (lanjutan)                                             Market Risk (continued)

    Risiko nilai tukar                                                  Foreign exchange risk

    Penilaian risiko nilai tukar mata uang asing                        The foreign exchange risk valuation is performed by
    dilakukan dengan memperhatikan Posisi Devisa                        monitoring the Net Open Position (NOP) and foreign
    Neto (PDN) dan volatilitas mata uang asing yang                     exchange volatility maintained by the Bank. Risk
    dikelola Bank. Pengendalian risiko dilakukan melalui                control is performed through monitoring the foreign
    monitoring mutasi transaksi valuta asing di seluruh                 exchange transaction movement in all branches and
    kantor cabang dan unit bisnis. Informasi mengenai                   business units. The information related with NOP is
    PDN diungkapkan pada Catatan 55m.                                   disclosed in Note 55m.

    Risiko Likuiditas                                                   Liquidity Risk

    Risiko     likuiditas  adalah     risiko    akibat                  Liquidity risk is the risk due to the inability of the
    ketidakmampuan Bank untuk memenuhi liabilitas                       Bank to meet obligations due from cash flow
    yang jatuh tempo dari sumber pendanaan arus kas                     funding sources and/or from high quality liquid
    dan/atau dari aset likuid berkualitas tinggi yang                   assets that can be pledged, without disrupting the
    dapat diagunkan, tanpa mengganggu aktivitas dan                     activities and financial condition of the Bank.
    kondisi keuangan Bank.

    Risiko likuiditas juga berkaitan dengan optimalisasi                Liquidity risk is the also related to the optimization of
    struktur neraca dan risiko struktural terhadap                      the balance sheet structure and structural risk of
    ketergantungan pada sumber pendanaan tertentu.                      dependence on certain funding sources. The Bank’s
    Pengelolaan risiko likuiditas Bank berupaya agar                    liquidity risk management strives to be able to
    dapat mengelola risiko likuiditas dalam perspektif                  manage liquidity risk form both a short-term and
    jangka pendek maupun struktural.                                    structural perspective.

    Besar kecilnya risiko likuiditas ditentukan antara                  The size of the liquidity risk is determined, among
    lain:                                                               others:
     a. Kecermatan dalam perencanaan arus kas                           a. Accuracy in cash flow or flow of fund planning
          atau arus dana berdasarkan prediksi                                based on financing and fund growth prediction,
          pembiayaan dan prediksi pertumbuhan dana,                          which includes observing the fund rate
          termasuk mencermati tingkat fluktuasi dana;                        volatility;
     b. Ketepatan dalam mengatur struktur dana                          b. The precision in managing the fund structure,
          termasuk kecukupan dana;                                           including the adequacy of funding;
     c. Ketersediaan aset yang siap dikonversikan                       c. The availability of asset that is ready to be
          menjadi kas;                                                       converted into cash;
     d. Kemampuan menciptakan akses ke pasar                            d. Ability to create access to the interbank market
          antar bank atau sumber dana lainnya,                               or other funding sources, including the lender
          termasuk fasilitas lender of last resort.                          of last resort facilities.

    Rasio Kecukupan Likuiditas diungkapkan pada                          Liquidity Adequacy Ratio are disclosed in Note 55k.
    Catatan 55k

    Sisa jatuh tempo kontraktual dari liabilitas keuangan               Residual contractual maturities of financial liabilities

    Tabel di bawah ini menyajikan ekspektasi arus kas                   The table below shows the expected undiscounted
    yang tidak didiskontokan dari liabilitas keuangan                   cash flows on the Bank’s financial liabilities on the
    Bank berdasarkan jatuh tempo kontraktual yang                       basis of their earliest possible contractual maturity
    terdekat pada tanggal laporan posisi keuangan                       as at the consolidated statement of financial position
    konsolidasian.                                                      date.




                                                           - 178 -
Page 669
PT BANK KB BUKOPIN TBK                                                                               PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                             AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                       Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                  For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                        (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                               otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                            40. Risk Management (continued)
    Risiko Likuiditas                                                           Liquidity Risk
                                                           31 Desember/December 31, 2024

                                                   Kurang dari                                              Lebih dari
                                                     3 bulan/                                                5 tahun/
                                                    Less than        3 - 12 bulan/       1 - 5 tahun/       More than
                                       Total        3 months            months               years           5 years

                                                                                                                          Liabilities immediately
    Liabilitas segera                    401.263        401.263                     -               -                   -   payable
    Simpanan nasabah                  46.593.158     36.288.633             9.711.609         592.916                   - Deposits from customers
                                                                                                                          Deposits from
    Simpanan dari bank lain            2.881.186      2.878.186                3.000                    -               -     other banks
    Surat-surat berharga                                                                                                  Marketable securities
       yang dijual dengan janji                                                                                             sell with agreement
       dibeli kembali - neto           3.739.878      3.739.878                     -               -                   -   to repurchase - net
    Surat berharga yang diterbitkan    5.790.158              -                     -               -           5.790.158 Securities issued
    Liabilitas derivatif                   3.641          3.641                     -               -                   - Derivative payable
    Liabilitas akseptasi                  84.279         83.677                   602               -                   - Acceptance payable
    Pinjaman yang diterima            13.920.644      1.500.000             4.590.738       7.829.906                   - Borrowings
    Liabilitas Lain-lain               1.638.402      1.344.206               190.519               -             103.677 Other liabilities

    Neto                              75.052.609     46.239.484            14.496.468       8.422.822           5.893.835 Net

    Komitmen dan Kontinjensi                                                                                               Commitment and Contigencies
    Fasilitas kredit kepada debitur
        yang belum digunakan           4.282.285      2.507.586              937.009          827.255              10.435 Unused Loan Facilities
    Irrevocable letter of credit                                                                                          Outstanding Irrevocable
        yang masih harus berjalan        90.095          40.609               49.486                 -                  -  Letters of Credit
    Garansi yang diterbitkan            582.778         488.955               41.342            52.481                  - Guarantee Issued

    Total                              4.955.158      3.037.150             1.027.837         879.736              10.435 Total



                                                           31 Desember/December 31, 2023

                                                   Kurang dari                                              Lebih dari
                                                     3 bulan/                                                5 tahun/
                                                    Less than        3 - 12 bulan/       1 - 5 tahun/       More than
                                       Total        3 months            months               years           5 years

                                                                                                                          Liabilities immediately
    Liabilitas segera                    431.402        431.402                     -               -                   -   payable
    Simpanan nasabah                  44.789.143     32.415.350            12.180.392         193.401                   - Deposits from customers
    Simpanan dari bank lain            7.886.721      7.883.721                 3.000               -                   - Deposits from other banks
    Surat-surat berharga                                                                                                  Marketable securities
       yang dijual dengan janji                                                                                             sell with agreement
       dibeli kembali - neto             219.631        219.631                     -               -                   -   to repurchase - net
    Surat berharga yang diterbitkan    3.397.588              -                     -               -           3.397.588 Securities issued
    Liabilitas derivatif                     808            808                     -               -                   - Derivative payable
    Liabilitas akseptasi                 132.577         96.953                35.624               -                   - Acceptance payable
    Pinjaman yang diterima            11.704.492      1.231.760             2.297.327       8.175.405                   - Borrowings
    Liabilitas Lain-lain               1.570.140      1.263.423               206.372               -             100.345 Other liabilities

    Neto                              70.132.502     43.543.048            14.722.715       8.368.806           3.497.933 Net

    Komitmen dan Kontinjensi                                                                                               Commitment and Contigencies
    Fasilitas kredit kepada debitur
        yang belum digunakan           4.822.935      2.934.857             1.195.554         676.892              15.632 Unused Loan Facilities
    Irrevocable letter of credit                                                                                          Outstanding Irrevocable
        yang masih harus berjalan         88.205         78.074               10.131                 -                  -  Letters of Credit
    Garansi yang diterbitkan           1.337.709        775.909              480.463            81.337                  - Guarantee Issued

    Total                              6.248.849      3.788.840             1.686.148         758.229              15.632 Total



    Secara berkala Bank melakukan kaji ulang terhadap                            The Bank on a regular basis reviews the liquidity risk
    kebijakan dan limit risiko likuiditas. Selain itu, Bank                      management policy and its limit. Futhermore, the
    memiliki kebijakan contingency funding plan sebagai                          Bank has contigency funding plan policy as a
    pedoman bagi Bank untuk mengantisipasi situasi                               guidance for the Bank to overcome the situiation of
    krisis likuiditas. Untuk mengetahui dampak                                   liquidity crisis. In determining impact of changes in
    perubahan pasar maupun faktor internal pada                                  market and internal factors in extreme conditions
    kondisi ekstrem (krisis) terhadap kondisi likuiditas                         (crisis) to the liquidity conditions that could impact
    yang dapat berdampak pada kecukupan modal                                    the Bank’s capital adequacy, the Bank performs
    Bank, Bank melakukan stress test terhadap posisi                             stress test on Bank’s funding liquidity position on a
    likuiditas Bank secara regular, sehingga Bank dapat                          regular basis. By applying stress test, the Bank can
    mengantisipasi lebih awal dan mengambil langkah-                             anticipate early and take control measures as well
    langkah pengendalian dan solusi yang paling                                  as calculate the most optimal solution per short-term
    optimal sebagai strategi jangka pendek maupun                                strategy and long-term recovery of liquidity. The
    jangka panjang pemulihan likuiditas. Informasi                               information related to the maturity profile of assets
    mengenai jatuh tempo aset dan liabilitas sesuai                              and liabilities is disclosed in Note 41.
    kontrak diungkapkan pada Catatan 41.


                                                                 - 179 -
Page 670
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                 40. Risk Management (continued)
    Risiko Operasional                                             Operational Risk

    Risiko     operasional  adalah     risiko   akibat             Operational risk is a risk due to insufficiency and/or
    ketidakcukupan dan/atau tidak berfungsinya proses              non-functioning of internal processes, human error,
    internal, kesalahan manusia, kegagalan sistem                  system failure, and/or the existence of external
    dan/atau adanya kejadian-kejadian eksternal yang               factors that have the potential to cause financial and
    berpotensi menimbulkan kerugian finansial maupun               non-financial losses to the Bank. Bank wide
    non finansial bagi Bank. Kebijakan manajemen                   Operational Risk Management Policy is used as a
    risiko operasional secara Bank wide digunakan                  main reference for all line of businesses, support
    sebagai acuan utama bagi semua lini bisnis, fungsi             functions and subsidiaries in managing their
    pendukung dan entitas anak dalam mengelola risiko              operational risk. The Bank’s approach to Operational
    operasional. Pendekatan Bank terhadap manajemen                Risk management is to define the best mitigation
    risiko operasional adalah dengan menentukan                    strategy to get optimum balance between
    strategi mitigasi guna memperoleh keseimbangan                 operational risk exposure, effectiveness of control
    yang optimal antara paparan risiko operasional,                mechanism, and creating risk appetite as a Bank
    efektivitas mekanisme kontrol dan pembuatan risk               strategy by a consistent implementation of a
    appetite sebagai salah satu strategi bank dengan               comprehensive Operational Risk Management.
    melakukan implementasi konsisten atas Manajemen
    Risiko Operasional.

    Pengelolaan terhadap eksposur risiko operasional di            Management of operational risk exposures at Bank
    Bank mencakup pengelolaan terhadap eksposur                    includes   legal   risk    exposures,    reputation,
    risiko hukum, reputasi, kepatuhan dan stratejik yang           compliance and strategic risk exposure that occur in
    terdapat pada setiap proses bisnis dan aktivitas               every business process and operational activity.
    operasional.

    Penerapan     Manajemen       Risiko Operasional               The     Implementation    of    Operational    Risk
    dilakukan dengan berpedoman pada Peraturan                     Management is carried out by referring to the
    Otoritas Jasa keuangan No.18/POJK.03/2016                      Regulation of Financial Services           Authority
    tentang Penerapan Manajemen Risiko bagi Bank                   No.       18/POJK.03/2016       concerning      the
    Umum, yang mensyaratkan penerapan manajemen                    Implementation of Risk Management for Commercial
    risiko mencakup 4 pilar yakni pengawasan aktif                 Banks, which requires the implementation of risk
    Direksi dan Dewan Komisaris, kecukupan kebijakan               management toward 4 pillars, that cover active
    dan prosedur manajemen risiko dan penetapan limit              supervision of the Board of Directors and the Board
    Risiko, kecukupan proses manajemen risiko, dan                 of Commissioners, adequacy of risk management
    sistem pengendalian internal.                                  policy, procedure, and establishment of risk limit,
                                                                   adequacy of risk management process, and internal
                                                                   control system.

    Hal ini juga termasuk pengkajian atas produk                   In addition, it includes the assessment of new or
    dan/atau aktivitas baru atau pengembangan yang                 development products and/or activities that increase
    meningkatkan profil risiko produk dan/atau aktivitas           the risk profile of the products and/or activities of the
    Bank.                                                          Bank.

    Pengelolaan risiko operasional yang dilakukan                  Effective operational risk management can reduces
    secara efektif dapat mengurangi potensi kerugian               the potential of operational risk losses.
    risiko operasional.

    Manajemen risiko serta penetapan limit risiko,                 Risk management policies and procedures, set of
    kecukupan     proses    identifikasi,  pengukuran,             the risk limits, adequacy of risk identification, risk
    pemantauan dan pengendalian risiko, serta sistem               measurement, risk monitoring and risk control
    informasi    manajemen      risiko    dan   sistem             processes, and a comprehensive risk management
    pengendalian intern yang menyeluruh. Pengelolaan               information system and an internal control system
    risiko operasional yang dilakukan secara efektif               as well. Effective operational risk management can
    dapat    mengurangi    potensi     kerugian  risiko            reduces the potential of operational risk loss.
    operasional.




                                                      - 180 -
Page 671
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                  40. Risk Management (continued)
    Risiko Operasional (lanjutan)                                   Operational Risk (continued)

    Bank telah memiliki Kebijakan Manajemen Risiko                  The Bank has an Operational Risk Management
    Operasional, penetapan risk appetite dan risk                   Policy, setting of risk appetite and risk tolerance,
    tolerance dan penetapan limit Risiko Operasional.               and Operational Risk Limits. ln managing
    Di dalam mengelola risiko operasional, risk taking              operational risk, the risk owner is responsible for the
    unit bertanggung jawab atas risiko yang terjadi pada            risk that occurs in their respective units.
    unitnya     masing-masing.     Tata      cara    atas           The operational risk management procedures are
    pengendalian risiko operasional diatur dalam suatu              regulated in a comprehensive Bank’s policy for each
    kebijakan Bank secara menyeluruh yang mencakup                  unit that includes provisions and procedures and
    ketentuan dan prosedur operasional untuk setiap                 reviewed periodically.
    unit dan dilakukan reviu secara berkala.

    Bank telah melakukan beberapa hal dalam rangka                  The Bank has done several things in order to
    pengelolaan risiko operasional, yaitu:                          manage operational risk, as follows:

    i.     Menetapkan risk governance pengelolaan risiko            i.   Stipulate risk governance for operational risk
           operasional;                                                  management;
    ii.    Menetapkan kebijakan dan prosedur serta                  ii. Stipulate policies and procedures and conduct
           melakukan reviu secara berkala sebagai                        periodic reviews as a basis for implementing
           landasan penerapan manajemen risiko;                          risk management;
    iii.   Menetapkan operational risk appetite dan risk            iii. Stipulate operational risk appetite and risk
           tolerance;                                                    tolerance;
    iv.    Menyusun       metodologi     dan    perangkat           iv. Develop       operational    risk   management
           pengelolaan risiko operasional;                               methodologies and tools;
    v.     Membangun Risk Awareness di seluruh lini                 v. Building Risk Awareness in all lines of
           organisasi termasuk mewujudkan Risk Culture                   organization including realizing Risk Culture in
           dalam aktivitas bisnis Bank;                                  Bank’s business activities;
    vi.    Menjalankan implementasi pengelolaan risiko              vi. Carry out the implementation of operational risk
           operasional ke seluruh unit kerja Kantor Pusat                management to all Headquarters and Branch
           dan Branch termasuk implementasi Operational                  work units including the implementation of
           Risk Management (ORM) Tools yang meliputi                     Operational Risk Management Tools (ORM
           aplikasi Loss Event Database (LED) dan                        Tools) which include the Loss Event Database
           Aplikasi Risk Control Self-Assesment (RCSA);                  (LED) application and the Risk Control Self-
                                                                         Assessment (RCSA) application;
    vii.   Menyusun Disaster Recovery Plan sebagai                  vii. Develop a Disaster Recovery Plan as an
           langkah antisipasi atas kejadian internal                     anticipatory measure for internal and external
           maupun       eksternal    yang     berpotensi                 events that have the potential to cause losses;
           menimbulkan kerugian termasuk kejadian                        including events of disasters;
           bencana;
    viii. Melakukan penilaian risiko sendiri terhadap               viii. Self Risk Assessment for Cyber Security
           penerapan ketahanan dan keamanan siber;                        Implementation;
    ix. Melakukan penilaian tingkat maturitas untuk                 ix. Maturity Level Assessment for Cyber Security
           keamanan siber dan perbankan digital;                          and Digital Banking;
    x. Melakukan          penilaian   kerentanan     dan            x. Vulnerability Assessment and Penetration
           pengujian penetrasi;                                           Test;
     xi. Melakukan penilaian risiko (risk-assessment)               xi. Conduct a risk assessment of management
           kecukupan pengelolaan risiko atas rencana                      adequacy of the Bank's products and/or
           pengembangan Produk dan/atau layanan Bank;                     services development plan;
     xii. Melakukan perhitungan atas Aset Tertimbang                xii. Calculate the Risk Weighted Assets (RWA) for
           Menurut    Risiko     (ATMR)   untuk   Risiko                  Operational Risk;
           Operasional;
     xiii. Menyediakan kajian risiko terkait dengan                 xiii. Provide the risk studies related to business
           proses bisnis, aktivitas operasional dan                       process,     operational,   and  transactional
           transaksional;                                                 activities;
     xiv. Melaksanakan peningkatan atas kapabilitas                 xiv. Improves the ability of Human Resources
           Sumber Daya Manusia secara berkelanjutan,                      regularly, preparation of the Human Resources
           menyusun Blue Print Sumber Daya Manusia                        Blue Print, development of Man Power Planning
           (SDM), menyusun Man Power Planning, dan                        and Improve HR composition in Business Units;
           Peningkatan komposisi SDM di Unit Bisnis;




                                                       - 181 -
Page 672
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                    40. Risk Management (continued)
    Risiko Operasional (lanjutan)                                     Operational Risk (continued)

    xv. Pelaksanaan Komite Pengendalian Internal                      xv. Conduct Internal Control Committee to discuss
           secara     rutin    untuk   membahas      suatu                issues that have the potential to increase the
           permasalahan yang dapat meningkatkan                           risk of Bank exposure;
           eksposur risiko Bank;
    xvi. Melaksanakan monitoring secara berkala atas                  xvi. Carry out periodic monitoring of the security of
           keamanan sistem teknologi informasi yang                        information technology systems used;
           digunakan;
    xvii. Melaksanakan monitoring limit risiko dan                    xvii. Monitor the risk limit and provide the internal
           pelaporan       internal   maupun      eksternal                 and external report (Regulator);
           (Regulator);
    xviii. Penyempurnaan dan penguatan program                        xviii. Improvement and strengthening of the anti-
           strategi anti-fraud, antara lain melalui                          fraud strategy program, including through anti-
           sosialisasi anti-fraud kepada seluruh karyawan,                   fraud socialization to all employees, monitoring
           pemantauan penerapan sanksi terhadap                              the implementation of sanctions against
           pelaku, dan pengembangan unit anti-fraud                          perpetrators, and developing anti-fraud units
           menjadi departemen;                                               into departments;
    xix. Perbaikan        kelemahan      dalam    kegiatan            xix. Improvement of weaknesses in operational and
           operasional dan TI;                                               IT activities;
    xx. Pelaksanaan monitoring atas penanganan                        xx. Implementation          of     handling    customer
           pengaduan nasabah, peningkatan, kompetensi                        complaints      monitoring,     increasing   the
           petugas Bank dalam penaganan pengaduan                            competence of Bank officers in handling
           nasabah;                                                          custumer complaints;

    Bank telah menerapkan operational risk governance,                The Bank has implemented               operational   risk
    melalui:                                                          governance, through:

    i.   Pengawasan aktif Dewan Komisaris dan                         i.    Active     supervision    by     the  Board      of
         Direksi;                                                           Commissioners and Directors;
    ii. Pelaksanaan        pengelolaan     atas     risiko            ii.   Implementation of the operational risk
         operasional melalui model three line of defense,                   management through models named as three
         yaitu:                                                             line of defense that consist of:
         • Risk taking unit sebagai risk owner                              •    Risk taking unit as a risk owner is the first
              merupakan first line of defense yang                               line of defense that is responsible for direct
              bertanggung jawab terhadap pengelolaan                             management of each work unit;
              langsung dari masing- masing unit kerja;
         • Second line of defense yang menjalankan                          •    The second line of defense that runs the
              fungsi oversight; dan                                              oversight function; and
         • Internal Audit sebagai third line of defense                    •     Internal Audit as the third line of defense
              yang menjalankan fungsi independent                                that carries out the independent assurance
              assurance.                                                         function.
    iii. Melakukan peninjauan ulang dan pembenahan                    iii. Conduct review and revamp the internal
         terhadap kebijakan dan pedoman internal Bank                        policies and guidelines of the Bank to support
         yang ada guna menunjang kegiatan usaha                              the Bank's business activities.
         Bank.
    iv. Melakukan       sosialisasi  kebijakan/pedoman                iv.       Conduct        socialization    of    internal
         internal untuk meningkatkan pemahaman                                  policies/guidelines to increase understanding
         kepada karyawan.                                                       to employees.

     Dalam rangka pengelolaan risiko operasional, Bank                In order to manage operational risk, the Bank has
     telah mengembangkan:                                             developed:

         i.   Aplikasi Risk Control Self     Assessment                i.   The web based of Risk Control Self
              (RCSA) berbasis web yang digunakan untuk                      Assessment (RCSA) application, that is used to
              mengidentifikasi, mengukur, dan memonitor                     identify, measure, and monitor the operational
              risiko operasional pada setiap unit kerja                     risk in each unit on a regular basis;
              secara berkala;




                                                         - 182 -
Page 673
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                    40. Risk Management (continued)

    Risiko Operasional (lanjutan)                                     Operational Risk (continued)

     ii.  Aplikasi Loss Event Data (LED) berbasis web                  ii. The web based of Loss Event Data (LED), that
          yang digunakan untuk pencatatan data                             is used to record and collect Bank’s losses data
          kerugian Bank yang sudah terjadi atau                            that have occurred or have the potential to
          berpotensi menimbulkan kerugian bagi Bank,                       cause losses for the Bank, both in financial and
          baik atas kerugian finansial maupun non                          non-financial losses;
          finansial;
     iii. Action Plan sebagai langkah-langkah mitigasi                 iii. The Action Plan as an operational risk
          risiko operasional;                                               mitigation step;
    iv. Dashboard Manajemen Risiko Operasional                         iv. The Operational Risk Management Dashboard
          yang digunakan sebagai indikator tingkat risiko                   that is used as an indicator of operational risk
          operasional dalam suatu aktivitas perbankan.                      level of banking activities.

    Setiap kejadian atau indikasi dari terjadinya risiko              Any events or indication of operational risk or
    operasional atau kelemahan yang teridentifikasi oleh              weaknesses identified by operational risk tools will
    alat-alat risiko operasional akan ditindaklanjuti                 be followed up through improvements. The reporting
    melalui perbaikan-perbaikan. Proses pelaporan dan                 and escalation process will start from each business
    eskalasi akan dilakukan mulai dari setiap unit bisnis             unit and supporting unit up to the Risk Management
    dan unit pendukung sampai dengan Komite                           Committee. Operational Risk and IT Management
    Manajemen Risiko. Departemen Operational Risk                     Department has proactively carried out ongoing
    dan IT Management secara proaktif telah melakukan                 campaigns or socialization to raise awareness
    sosialisasi atau kampanye yang berkesinambungan                   concerning Operational Risk to all units within the
    untuk meningkatkan kesadaran tentang Risiko                       Bank, through information sharing on risk events
    Operasional ke seluruh unit di Bank, melalui                      and recommendations for process improvement.
    berbagai informasi atas kejadian berisiko dan
    rekomendasi atas perbaikan proses.

    Sebagai      bagian    dari    pemantauan      Risiko             As part of Operational Risk monitoring, the Bank
    Operasional, Bank juga mengelola Risiko Teknologi                 also manage Information Technology Risk by
    Informasi dengan memiliki tata kelola terkait dengan              developing governance related to Information
    Manajemen Risiko Teknologi Informasi. Fokus                       Technology Risk Management. Focus of operational
    pemantauan risiko operasional terkait risiko                      risk monitoring related to information technology risk
    teknologi informasi antara lain adalah Risk Register              among others are Risk Register Information
    Information Technology yang mana saat ini Bank                    Technology, where the Bank is currently focusing on
    fokus pada pembangunan NGBS (New Generation                       the development of the NGBS (New Generation
    Banking System), kemudian Risk Register e-channel                 Banking System), then the e-channel and digital
    serta digital yang merupakan transformasi yang                    Risk Registers, which are transformations launched
    dicanangkan oleh pemerintah.                                      by the government.

    Bank telah melakukan penyusunan dan pemantauan                    The Bank has prepared and monitored the
    pelaksanaan       penyelesaian     isu  risiko    yang            implementation of the resolution of risk issues that
    berpontensi tinggi dalam dampak kerusakan                         have a high potential for damage, especially on the
    terutama pada daftar utama RCSA (Risk Control                     main list of RCSA (Risk Control Self-Assessment)
    Self-Assessment) dari RTU (Risk Taking Unit) serta                from the RTU (Risk Taking Unit) as well as providing
    melakukan umpan balik berupa opini terhadap                       feedback in the form of opinions on the fairness and
    kewajaran dan ketepatan dari penilaian yang telah                 accuracy of the assessments that have been carried
    dilakukan oleh RTU. Selain itu terkait kontrol                    out by RTU. Related with internal control Bank did
    internal, Bank melakukan pengkinian Risk Issue                    updating Risk Issues on a regular basis and also
    secara rutin dan juga menjaga limit risiko di aktivitas           maintaining risk limits in operational activities in
    operasional agar dapat mendukung pertumbuhan                      order to support business growth while remaining
    bisnis tetapi tetap aman dari risiko.                             safe from risk.




                                                         - 183 -
Page 674
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                40. Risk Management (continued)
    Risiko Operasional (lanjutan)                                 Operational Risk (continued)

    Selain itu Bank juga telah melakukan pemantauan               In addition, the Bank has also monitored the
    atas pencatatan data kerugian Bank yang sudah                 recording of data on Bank losses that have occurred
    terjadi atau berpotensi menimbulkan kerugian bagi             or have the potential to cause losses to the Bank,
    Bank, baik atas kerugian finansial maupun non                 both financial and non-financial losses that are
    finansial yang dicatatkan kedalam aplikasi Loss               recorded in the Loss Event Database (LED)
    Event Database (LED). Sebagai bentuk peningkatan              application. As a form of increasing the use of the
    atas penggunaan aplikasi LED (Loss Event                      LED application (Loss Event Database) the Bank
    Database) Bank telah melakukan pembaharuan                    has updated the LED application guidelines through
    terhadap pedoman aplikasi LED melalui Surat                   Directors Circular Letter No.SE/048/DIR/2023
    Edaran Direksi No.SE/048/DIR/2023 tentang                     concerning Loss Event Database Guideline PT KB
    Pedoman Loss Event Database PT Bank KB                        Bank Bukopin Tbk.
    Bukopin Tbk.

    Kejadian-kejadian berisiko selama tahun 2024 baik             Risk events in 2024 either due to negligence of
    yang disebabkan karena faktor kelalaian karyawan,             employees, system, processes, or external events
    sistem, proses ataupun kejadian eksternal dinilai             are considered as having incurred relatively
    mengalami kerugian yang relatif tidak signifikan              insignificant losses to the Bank. The Bank adopts
    terhadap Bank. Bank menggunakan pendekatan                    basic indicator approach to allocate capital and Risk
    indikator dasar untuk mengalokasi modal dan Aktiva            Weighted Assets (RWA) for operational risk using
    Tertimbang Menurut Risiko (ATMR) untuk risiko                 average data of the last 3 years of the Bank’s gross
    operasional dengan menggunakan data rata-rata                 income.
    3 tahun terakhir dari pendapatan bruto Bank.

    Bank telah melakukan perhitungan beban modal                  The Bank has calculated the operational risk capital
    risiko operasional berdasarkan Basel Committee on             charge under the Basel Committee on Banking
    Banking Supervision dan Peraturan Otoritas Jasa               Supervision and the Financial Services Authority
    Keuangan      Nomor     11/POJK.03/2016  tanggal              Regulation    Number      11/POJK.03/2016      dated
    29 Januari 2016 tentang Kewajiban Penyediaan                  January 29, 2016 regarding the Minimum Capital
    Modal Minimum Bank Umum. Berdasarkan                          Requirement for Commercial Banks. Based on
    ketentuan tersebut, Bank dalam melakukan                      these provisions, the Bank performs operational risk
    perhitungan ATMR risiko operasional menggunakan               calculations using the Basic Indicator Approach.
    Pendekatan Indikator Dasar.

    Bank telah melakukan uji coba perhitungan beban               The Bank has conducted a trial test on the
    modal risiko operasional berdasarkan Basel III:               calculation of operational risk capital costs based on
    Finalizing Post-Crisis Reforms dan Surat Edaran               Basel III: Finalizing of Post-Crisis Reforms and
    Otoritas Jasa Keuangan Nomor 6/SEOJK.03/2020                  Financial Services Authority Circular Letter Number
    tanggal 29 April 2020 tentang perhitungan ATMR                6/SEOJK.03/2020 dated April 29, 2020, concerning
    risiko operasional menggunakan Pendekatan                     Calculation of Operational RWA Using Standard
    Standar bagi Bank Umum (Standard Measurement                  Approaches for Commercial Banks which have been
    Approach)     yang     berlaku   pada    tanggal              apply effective January 1, 2023.
    1 Januari 2023.

    Risiko Hukum                                                   Legal Risk

    Risiko hukum adalah risiko akibat tuntutan hukum               Legal risk is the risk due to legal claims and/or
    dan/atau kelemahan aspek yuridis, yang antara lain             weaknesses in legal aspects which among others
    disebabkan oleh lemahnya perikatan yang dilakukan              derived from the weaknesses in the Bank’s
    oleh Bank, ketiadaan dan/atau perubahan peraturan              engagements, the absence and/or changes in laws
    perundang-undangan yang menyebabkan suatu                      which result in the transaction executed by the Bank
    transaksi yang telah dilakukan Bank menjadi tidak              is not aligned with the current regulations, and
    sesuai dengan ketentuan dan proses litigasi baik               litigation process both from third parties to the Bank
    yang timbul dari gugatan pihak ketiga terhadap Bank            and from the Bank to third parties.
    maupun Bank terhadap pihak ketiga.




                                                     - 184 -
Page 675
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                  40. Risk Management (continued)

    Risiko Hukum (lanjutan)                                          Legal Risk (continued)

    Proses identifikasi risiko hukum dilakukan dengan                The process of identifying legal risks is carried out
    menganalisis seluruh sumber risiko hukum yang                    by analyzing all sources of legal risks which at least
    sekurang-kurangnya dilakukan terhadap rencana                    are carried out on plans for implementing Bank
    penyelenggaraan produk dan/atau layanan Bank,                    products and/or services, all Bank activities that are
    seluruh aktivitas Bank yang tidak terbatas pada                  not limited to fundraising activities, fund distribution,
    kegiatan penghimpunan dana, penyaluran dana,                     treasury, trade finance services, human resource
    treasury, trade finance services, pengelolaan                    management, development of new products/
    sumber        daya      manusia,    pengembangan                 activities, as well as implementation of operational
    produk/aktifitas baru, serta pelaksanaan kegiatan                and other business activities through appropriate
    operasional dan bisnis lainnya melalui proses                    legal risk management control processes prior to
    pengendalian manajemen risiko hukum yang layak                   their introduction or implementation.
    sebelum diperkenalkan atau dijalankan.

    Melalui Departemen Hukum Perusahaan dan                         Through the Corporate Legal and Litigation
    Litigasi, Bank telah melakukan identifikasi risiko              Department, the Bank has identified adequate legal
    hukum yang memadai dengan memberikan legal                      risks by providing legal advisory, legal opinion, and
    advisory/legal opinion dan analisis yuridis kepada              juridical analysis to related units to improve the
    unit terkait untuk meningkatkan kualitas perjanjian             quality of credit and cooperation agreements so as
    kredit/Kerjasama agar tidak merugikan Bank, serta               not to harm the Bank, as well as strengthening
    memperkuat standar perjanjian Kerjasama dan                     Cooperation agreement standards and legal risk
    kebijakan manajemen risiko hukum sebagai bentuk                 management policies as a form of mitigation of the
    mitigasi atas risiko yang akan muncul.                          risks that will arise.

    Selain itu Identifikasi serta pengukuran risiko hukum           In addition, the identification and measurement of
    juga dilakukan melalui pemantauan penanganan                    legal risk is also carried out through monitoring the
    kasus hukum, potential loss yang dihadapi Bank dari             handling of legal cases, potential loss faced by the
    tuntutan hukum, serta pemantauan biaya legal.                   Bank from lawsuits, and monitoring legal costs. The
    Pengelolaan risiko hukum Bank dilakukan oleh                    Bank's legal risk management is carried out by the
    Departemen Hukum Perusahaan dan Litigasi                        Corporate Legal and Litigation Department with a
    dengan fokus kepada penyelesaian tuntutan hukum.                focus on resolving legal claims. This department is
    Departemen tersebut bertanggung jawab untuk                     responsible for ensuring the strengthening of the
    memastikan penguatan posisi Bank dalam kasus                    Bank's position in cases faced by the Bank.
    yang di hadapi oleh Bank.

    Identifikasi risiko hukum juga dilakukan pada seluruh           Legal risk identification is also carried out in all
    aktivitas Bank yang tidak terbatas pada kegiatan                Bank activities which are not limited to fund raising,
    penghimpunan dana, penyaluran dana, treasury,                   fund distribution, treasury, trade finance services,
    trade finance services, pengelolaan sumber daya                 human resource management, new product/activity
    manusia, pengembangan produk/aktifitas baru,                    development, as well as the implementation of
    serta pelaksanaan kegiatan operasional dan bisnis               other operational and business activities.
    lainnya.

    Risiko Reputasi                                                 Reputation Risk

    Risiko reputasi adalah risiko akibat menurunnya                 Reputation risk is the risk due to decrease in
    tingkat kepercayaan      pemangku      kepentingan              stakeholders’ trust that comes from negative
    (stakeholder) yang bersumber dari persepsi negatif              perception on the Bank, among others derived from
    terhadap Bank, yang antara lain disebabkan adanya               events that resulting loss to the Bank, such as
    kejadian yang telah merugikan reputasi Bank,                    negative news in mass media, transgression of
    misalnya pemberitaan negatif di media massa,                    business ethics, customers complaints, and other
    pelanggaran etika bisnis, keluhan nasabah, serta                matters resulting reputation risk, such as the
    hal lain yang dapat menyebabkan risiko reputasi,                weaknesses in corporate governance, corporate
    misalnya kelemahan pada tata kelola, budaya                     culture, and the Bank’s business practices.
    perusahaan dan praktik bisnis Bank.




                                                       - 185 -
Page 676
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                40. Risk Management (continued)

    Risiko Reputasi (lanjutan)                                    Reputation Risk (continued)

    Karena risiko reputasi melekat pada berbagai                  Since reputational risk is inherent in various
    kegiatan dan aspek, Bank bergantung pada                      activities and aspects, the Bank relies on tools and
    perangkat dan mekanisme pengelolaan risiko                    mechanisms in operational risk management in
    operasional dalam mengelola risiko ini. Dengan                managing such risk. Therefore, the Bank analyzes
    demikian, Bank melakukan analisis atas setiap                 each customer complain or negative perception that
    pengaduan nasabah ataupun persepsi negatif Bank               is published through the news media (mass media,
    yang disampaikan melalui media pemberitaan                    online media, TV program and social media) to
    (media massa, media online, media TV dan media                ascertain the cause and its resolution.
    sosial)  untuk   memastikan    penyebab     dan
    penyelesaiannya.

    Bank     memiliki     Departemen     khusus   yang            The Bank has a special Department that is
    bertanggung jawab untuk melakukan pengelolaan                 responsible for managing reputation risk related to
    risiko reputasi terkait dengan pengaduan nasabah,             customer complaints, as well as a special
    serta Departemen khusus yang bertanggung jawab                Department that is responsible for managing
    terkait pengelolaan risiko reputasi atas komunikasi           reputation   risk  for  internal   and     external
    internal dan eksternal serta pemantauan dan                   communications as well as media monitoring and
    pengelolaan media.                                            management.
    Pengelolaan risiko reputasi atas pengaduan/                   Reputation risk management of customer
    keluhan nasabah atau pemberitaan negatif yang                 complaints or negative news that submitted directly
    disampaikan secara langsung kepada Bank ataupun               to the Bank or through online media and other
    melalui media online serta media lainnya terus                media is carried out continuously through:
    dilakukan secara berkelanjutan melalui:
    i. Penggunaan Complaint Tracking System                        i.   Use of the Complaint Tracking System as an
        sebagai   aplikasi   untuk   monitoring  dan                    application to monitor and manage the
        pengelolaan     atas     penanganan     serta                   handling and        resolution of customer
        penyelesaian pengaduan nasabah;                                 complaints;
    ii. Pelaksanaan pemantauan atas pemberitaan di                 ii. Implementation of monitoring of reporting in
        media massa baik cetak maupun elektronik                        mass media, both print mass media and
        menggunakan sistem dashboard secara harian;                     electronic, using a dashboard system on a
                                                                        daily basis;
    iii. Pelaksanaan     fungsi    pemantauan      dan             iii. Implementation of the monitoring and
         pengelolaan atas pemberitaan Bank di Media                     management function of Bank reporting in the
         Massa oleh Corporate Relation Department;                      Mass Media by the Corporate Relations
                                                                        Department;
    iv. Pelaksanaan     fungsi  pemantauan    atas                 iv. Implementation of the monitoring function for
        penyelesaian penanganan pengaduan nasabah                       the resolution of handling customer complaints
        oleh Customer Experience and Development                        by     the    Customer       Experience   and
        Department;                                                     Development Department;
    v. Pelaksaan program pertemuan rutin tahunan                   v. Implementation of a regular annual meeting
        dengan awak media sebagai bentuk menjaga                        program with media crew as a form of
        relasi Perusahaan;                                              maintaining relationships as well as managing
                                                                        the Company's reputation;
    vi. Pengelolaan Perlindungan Konsumen yang                     vi. Consumer Protection Management carried out
        dilakukan oleh Compliance Development and                       by the Compliance Development and
        Customer Protection Unit.                                       Customer Protection Unit.

    Sebagai bagian dari proses manajemen risiko                    As part of the reputation risk management process,
    reputasi, Bank menyediakan media komunikasi bagi               the Bank provides communication media for
    nasabah apabila mengalami ketidaknyamanan                      customers if they experience inconvenience in
    dalam bertransaksi baik melalui media sosial, email            transactions either via the Bank's official social
    maupun layanan telepon Halo Bukopin yang                       media, email or the Halo Bukopin telephone service
    beroperasi selama 24 Jam.                                      which operates 24 hours.

    Rating Bank berdasarkan Fitch dipertahankan pada               Bank’s rating based on Fitch is maintained at
    tingkat AAA(idn) dan Pefindo pada idAAA.                       AAA(idn) and Pefindo's rating at idAAA.




                                                     - 186 -
Page 677
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                40. Risk Management (continued)

    Risiko Reputasi (lanjutan)                                    Reputation Risk (continued)

    Untuk memastikan pengendalian risiko reputasi,                To ensure reputation risk control, the Bank has
    Bank telah melakukan langkah-langkah antara lain:             taken steps including:
    •   Penetapan alur proses secara jelas atas                   •   Establishing a clear process flow for resolving
        penyelesaian      penanganan      pengaduan                   customer complaints;
        nasabah;
    •   Penerapan Service Level Agreement (SLA) di                •    Implementation of Service Level Agreement in
        tiap unit kerja untuk memastikan aktivitas                     all business units to ensure that the service
        layanan kepada nasabah telah sesuai dengan                     activities meets the maximum service time
        standar waktu;                                                 standards;
    •   Melaksanakan pelatihan kepada karyawan                    •    Conduct training for employees to improve the
        untuk meningkatkan kualitas pelayanan Bank                     quality of Bank's services for customers.
        kepada nasabah.

    Risiko Kepatuhan                                               Compliance Risk

    Risiko kepatuhan adalah risiko yang terjadi karena            Compliance risk is the risk incurred due to the Bank
    Bank tidak mematuhi dan/atau tidak melaksanakan               has not complied and/or not implemented the
    ketentuan internal, peraturan perundang-undangan              applicable internal policies, laws, and regulations. In
    dan ketentuan yang berlaku secara umum. Dalam                 engaging in the banking industry services, the Bank
    menjalankan kegiatan usaha pada industri                      is required to always comply with the banking
    perbankan, Bank diwajibkan untuk selalu tunduk                regulations issued by the Goverment and Bank
    terhadap peraturan perbankan yang diterbitkan baik            Indonesia. In addition, the Bank is also required to
    oleh Pemerintah maupun Bank Indonesia. Selain itu,            comply with several other rules, such as regulation
    Bank juga wajib tunduk kepada beberapa ketentuan              on deposit guarantee program, limited liability
    lainnya,   seperti   peraturan   yang    mengatur             company, taxation and capital market Financial
    penjaminan     simpanan,     perseroan    terbatas,           Services Authority (OJK).
    perpajakan dan peraturan di bidang pasar modal
    Otoritas Jasa Keuangan (OJK).

    Dalam menjalankan kegiatan usaha, Bank                        In the conduct of its business activities, the Bank at
    senantiasa menjaga kepatuhan terhadap ketentuan               all times maintains compliance with Financial
    Otoritas Jasa Keuangan (OJK) dan peraturan                    Services Authority (OJK) regulations and applicable
    perundang-undangan        yang   berlaku    untuk             laws and regulations to maintain the Bank’s
    memelihara reputasi bank, sehingga sesuai dengan              reputation, so as to align with the expectations of all
    harapan dari seluruh pemangku kepentingan dan                 stakeholders and also the banking industry in
    juga industri perbankan pada umumnya.                         general.

    Pelaksanaan Fungsi Kepatuhan Bank juga                        The implementation of the Bank’s Compliance
    merupakan salah satu cerminan dari penerapan                  Function also reflects the implementation of Good
    Tata Kelola perusahaan yang baik (Good Corporate              Corporate Governance. In the event the Bank is
    Governance). Apabila Bank lalai dalam menjalankan             negligent in carrying out its compliance function, the
    fungsi kepatuhan maka Bank akan berhadapan                    Bank will directly encounter with compliance risk.
    langsung dengan risiko kepatuhan (compliance risk).

    Pada praktiknya risiko kepatuhan melekat pada                 In practice, compliance risk is inherent to the Bank’s
    risiko Bank yang terkait pada peraturan perundang-            activities that are related to regulations, prudential
    undangan, ketentuan kehati-hatian dan ketentuan               provisions, and other provisions, such as:
    lain yang berlaku, seperti:
     •    Kepatuhan terhadap ketentuan dan/atau                    •   Compliance with the prevailing regulations
          standar yang berlaku, seperti diantaranya                    and/or standards, among others are Minimum
          pemenuhan      ketentuan    atas   Kewajiban                 Capital Adequacy Ratio (CAR), Assessment of
          Pemenuhan      Modal     Minimum    (KPMM),                  Bank Asset Quality, Formation of Allowance for
          Penilaian Kualitas Aset Bank, Pembentukan                    Impairment Losses, Calculation of Risk
          Cadangan Kerugian Penurunan Nilai (CKPN),                    Weighted Assets (RWA) and Legal Lending
          Aktiva Tertimbang Menurut Risiko (ATMR),                     Limit (LLL) regulations, Net Open Position
          Batas Maksimum Pemberian Kredit (BMPK),                      (NOP), Minimum Statutory Reserves (GWM),
          Posisi Devisa Netto (PDN), Giro Wajib                        Liquidity Coverage Ratio (LCR) and Net Stable
          Minimum, Liquidity Coverage Ratio (LCR) dan                  Funding Ratio (NSFR).
          Net Stable Funding Ratio (NSFR).


                                                     - 187 -
Page 678
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                 40. Risk Management (continued)

    Risiko Kepatuhan (lanjutan)                                     Compliance Risk (continued)

    •   Pemenuhan komitmen Rencana Bisnis Bank                     •    Fulfillment the commitments of Bank’s Business
        (RBB);                                                          Plan regulation;
    •   Risiko   operasional       terkait   pemenuhan              •   Operational risks due to The Know Your
        ketentuan terkait prinsip-prinsip Know Your                     Customer Principles (KYCP) and Anti Money
        Customer (KYC) dan Anti Pencucian Uang dan                      Laundering and Countering the Financing of
        Pencegahan Pendanaan Terorisme (APU-                            Terrorism (APU-PPT);
        PPT);
    •   Ketentuan terkait internal proses bisnis;                   •   Regulation related to internal business process;
    •   Ketentuan pelaporan kepada regulator.                       •   Regulation related to regulatory report.

    Kesalahan dalam melakukan interpretasi terhadap                Misinterpretation in the statutory provisions also
    ketentuan perundang-undangan, juga berpotensi                  potentially create compliance risks. Compliance risk
    menimbulkan terjadinya risiko kepatuhan. Risiko                in the Bank can affect the reputation and public trust
    kepatuhan yang terjadi pada Bank dapat                         to the Bank, which in turn can affect the
    memengaruhi reputasi dan tingkat kepercayaan                   performance and business development of the
    masyarakat terhadap Bank, yang pada akhirnya                   Bank.
    dapat memengaruhi kinerja dan perkembangan
    usaha Bank.

    Identifikasi dan pengukuran risiko kepatuhan                    The identification and measurement of compliance
    dilakukan secara berkala yang antara lain                       risk is carried out on a regular basis which is based
    didasarkan pada pengalaman kerugian di masa lalu                on, among other things, the experience of past
    yang disebabkan oleh risiko kepatuhan melalui                   losses caused by compliance risk through risk
    perhitungan risiko berdasarkan accounting loss data             calculations based on accounting loss data and
    dan pengukuran lain melalui parameter profil risiko             other measurements through compliance risk profile
    kepatuhan.                                                      parameters.

    Pelaksanaan fungsi kepatuhan merupakan tindakan                 The implementation of the compliance function is a
    yang bersifat preventif (ex-ante) untuk memastikan              preventive (ex-ante) action to ensure that the
    kegiatan usaha Bank telah sesuai dengan peraturan               Bank’s business activities are conducted in
    perundang undangan yang berlaku.                                accordance with applicable laws.
    Bank memiliki Divisi Compliance and Quality                     The Bank has a Compliance and Quality Assurance
    Assurance yang bertanggung jawab untuk                          Division which is responsible for coordinating the
    mengkoordinir penerapan tata kelola Perusahaan,                 implementation of corporate governance, creating a
    terwujudnya    budaya      kepatuhan,  tersedianya              culture of compliance, providing internal policies
    kebijakan internal yang sesuai dengan regulasi                  that are in accordance with external regulations and
    eksternal dan memantau pemenuhan komitmen                       monitoring     the  fulfillment of     the     Bank's
    Bank     ke     regulator,     serta  memastikan                commitments to regulators, as well as ensuring the
    terselenggaranya penerapan strategi anti pencucian              implementation of the Bank's anti-money laundering
    uang dan pencegahan pendanaan terorisme Bank.                   strategy and preventing the financing of terrorism.

    Risiko Stratejik                                               Strategic Risk

    Risiko stratejik adalah risiko akibat ketidaktepatan           Strategic risk is the risk due to inaccuracy in making
    dalam pengambilan dan/atau pelaksanaan suatu                   and/or implementing a strategic decision and failure
    keputusan strategis serta kegagalan dalam                      to anticipate changes in the business environment,
    mengantisipasi perubahan lingkungan bisnis yang                among others derived from the weaknesses in the
    antara lain disebabkan kelemahan dalam proses                  strategy formulation process, inaccuracies in the
    formulasi strategi dan ketidaktepatan dalam                    formulation of strategy, inadequate information
    perumusan strategi, sistem informasi yang kurang               system, inaccuracies in strategy implementation,
    memadai, ketidaktepatan dalam implementasi                     and setting the strategic goals that are too
    strategi dan penetapan tujuan strategis yang terlalu           aggressive.
    agresif.
    Bank merumuskan dan menetapkan target dan                      Bank formulates and defines the business targets
    strategi bisnis yang akan dicapai di dalam rencana             and strategies to be achieved in the business plan
    bisnis (business plan) dengan mempertimbangkan                 by considering internal and external factors in
    faktor internal dan eksternal sesuai dengan visi dan           accordance with Bank’s vision and mission.
    misi Bank.


                                                      - 188 -
Page 679
PT BANK KB BUKOPIN TBK                                                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                                    otherwise stated)
lain)


40. Manajemen Risiko (lanjutan)                                                            40. Risk Management (continued)

    Risiko Stratejik (lanjutan)                                                                      Strategic Risk (continued)

    Bank mengelola risiko stratejik melalui proses                                                   The Bank manages strategic risks through a
    pertimbangan dan pengambilan keputusan setiap                                                    consideration,   and    decision-making      process
    kebijakan strategis secara kolektif dan komprehensif                                             regarding every strategic policy in a collective and
    oleh direksi dan komite-komite yang telah dibentuk.                                              comprehensive      manner    performed     by     the
                                                                                                     established Directors and Committees.

    Tujuan utama Bank dalam mengelola risiko stratejik                                               The main objective of the Bank in managing
    adalah untuk memastikan bahwa proses manajemen                                                   strategic risk is to ensure that the risk management
    risiko dapat meminimalkan kemungkinan dampak                                                     process can minimize the possibility of negative
    negatif dari ketidaktepatan pengambilan keputusan                                                impacts from inaccurate strategic decision making
    stratejik dan kegagalan dalam mengantisipasi                                                     and failure to anticipate changes in the business
    perubahan lingkungan bisnis. Pengelolaan risiko                                                  environment. Strategic risk management is carried
    stratejik dilaksanakan melalui monitoring, analisis                                              out through monitoring, analysis and evaluation of
    dan evaluasi atas pencapaian target dan sasaran                                                  the achievement of the Bank's goals and targets in
    Bank secara detail dan rutin.                                                                    detail and routinely.

    Bank secara rutin melakukan pengendalian risiko                                                  The Bank routinely carries out strategic risk control
    stratejik antara lain dengan memantau posisi Bank                                                including by monitoring the Bank's position both
    baik antar industri perbankan maupun antar peer                                                  among the banking industry and among peer
    group, pemantauan realisasi anggaran (rencana                                                    groups, monitoring the realization of the realization
    bisnis) dan pengukuran lainnya melalui parameter                                                 of the budget (business plan) and other
    profil risiko stratejik dan dilanjutkan dengan mitigasi                                          measurements through strategic risk profile
    faktor penyebab kegagalan dan pelaksanaan                                                        parameters and continued by mitigating the factors
    pemantauan perkembangan kondisi makro ekonomi                                                    causing failure and implementing monitoring on
    yang dapat berdampak pada bisnis Bank.                                                           developments in macroeconomic conditions that
                                                                                                     may have an impact to the Bank's business.

    Bank telah memiliki Divisi Strategi Perusahaan yang                                              The Bank has a Corporate Strategy Division which
    bertanggung     jawab       dalam      perencanaan,                                              is responsible for planning, managing and
    pengelolaan    dan       pengembangan        strategi                                            developing corporate strategy as well as sustainable
    perusahaan serta keuangan berkelanjutan dan                                                      finance and Environmental Social Governance.
    Environmental Social Governance.


41. Analisis Jatuh Tempo Aset dan                               Liabilitas                 41. Maturity Profile Based on Remaining Period To
    Berdasarkan Periode yang Tersisa                                                           Maturity
                                                                               31 December/December 31, 2024

                                                                                                                                               Tidak
                                                                                   > 3 Bulan -                                                Memiliki
                                                                                    1 Tahun/                                               Jatuh Tempo/
                                             ≤ 1 Bulan/       > 1 - 3 Bulan/      > 3 Months -        > 1- 5 Tahun/       > 5 Tahun/          without
                                Total        ≤ 1 Months       > 1 - 3 Months         1 Year           > 1 - 5 Years       > 5 Years           Maturity

    Kas                           369.083        369.083                   -                     -                    -                -              -   Cash
    Giro pada                                                                                                                                             Current accounts with
      Bank Indonesia             2.672.478      2.672.478                  -                     -                    -                -              -      Bank Indonesia
    Giro pada bank                                                                                                                                        Current accounts with
      lain - bruto                397.137        397.137                   -                     -                    -                -              -      other banks - gross
    Penempatan pada                                                                                                                                       Placements with
      Bank Indonesia                                                                                                                                         Bank Indonesia
      dan bank lain - bruto      2.798.303      2.798.303                  -                     -                    -                -              -      and other banks - gross
    Surat-surat                                                                                                                                           Marketable securities -
      berharga - bruto          21.767.111      1.071.441           737.564            600.944           14.762.259          4.594.903                -      gross
    Tagihan derivatif               12.054         12.054                 -                  -                    -                  -                -   Derivatives payable
    Kredit yang diberikan                                                                                                                                 Loans and sharia
      dan pembiayaan/                                                                                                                                        financing/receivables
      piutang syariah - bruto   47.527.486      1.165.113         2.541.676          7.873.580           17.563.277        18.383.840                 -      - gross
    Tagihan akseptasi -                                                                                                                                   Acceptances receivable -
      bruto                        84.279         38.296             45.381                602                        -                -              -      - gross
    Penyertaan saham                                                                                                                                      Investment in shares
      bruto                             15                -                -                     -                    -                -             15      - gross




                                                                               - 189 -
Page 680
PT BANK KB BUKOPIN TBK                                                                                                          PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                                        AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                                  Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                                             For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                                   (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                                          otherwise stated)
lain)


41. Analisis Jatuh Tempo Aset dan Liabilitas                                                     41. Maturity Profile Based on Remaining Period To
    Berdasarkan Periode Yang Tersisa (lanjutan)                                                      Maturity (continued)
                                                                                     31 December/December 31, 2024

                                                                                                                                                     Tidak
                                                                                         > 3 Bulan -                                                Memiliki
                                                                                          1 Tahun/                                               Jatuh Tempo/
                                                  ≤ 1 Bulan/       > 1 - 3 Bulan/       > 3 Months -        > 1- 5 Tahun/       > 5 Tahun/          without
                                    Total         ≤ 1 Month        > 1 - 3 Months          1 Year           > 1 - 5 Years       > 5 Years           Maturity

    Aset tetap - bersih              3.320.304                 -                -                      -                    -                -       3.320.304   Fixed assets - net
    Aset pajak tangguhan                                                                                                                                         Deferred tax assets
     neto                            1.258.561              -                   -                      -                    -                -       1.258.561       net
    Aset tak berwujud – neto           270.807              -                   -                      -                    -                -         270.807   Intangible assets - net
    Aset lain-lain - neto            5.591.657      1.483.988                   -                      -                    -                -       4.107.669   Other assets - net

    Total                           86.069.275     10.007.893          3.324.621           8.475.126           32.325.536        22.978.743          8.957.356   Total
    Cadangan kerugian                                                                                                                                            Allowance for
     penurunan nilai                (2.993.977)                                                                                                                      impairment losses

                                    83.075.298


    Liabilitas                                                                                                                                                   Liabilities
                                                                                                                                                                 Liabilities
    Liabilitas segera                  401.263        401.263                  -                   -                    -                    -               -      immediately payable
    Simpanan nasabah                46.593.158     26.472.029         14.917.724           4.610.489              592.916                    -               -   Deposits from customers
    Simpanan dari bank lain          2.881.186      2.870.086              8.100               3.000                    -                    -               -   Deposits from other banks
    Surat-surat berharga                                                                                                                                         Marketable securities sold
      yang dijual dengan                                                                                                                                            with agreement to
      janji dibeli kembali - neto    3.739.878      3.739.878                  -                   -                    -                    -              -       repurchases - net
    Liabilitas derivatif                 3.641          3.641                  -                   -                    -                    -              -    Derivatives payable
    Liabilitas akseptasi                84.279         38.296             45.381                 602                    -                    -              -    Acceptances payable
    Pinjaman yang diterima          13.920.644      1.500.000                  -           4.590.738            7.829.906                    -              -    Borrowings
    Hutang pajak                        60.903              -                  -                   -                    -                    -         60.903    Taxes Payable
    Surat berharga yang
      diterbitkan                    5.790.158              -                   -                  -            5.790.158                 -                  -   Marketable securities
    Liabilitas lain-lain             1.638.402        276.120                   -            190.519                    -           103.677          1.068.086   Other liabilities

    Total                           75.113.512     35.301.313         14.971.205           9.395.348           14.212.980           103.677          1.128.989   Total

    Perbedaan jatuh tempo           10.955.763    (25.293.420)       (11.646.584)           (920.222)          18.112.556        22.875.066          7.828.367   Maturity gap

    Aset neto                        7.961.786                                                                                                                   Net assets


                                                                                     31 December/December 31, 2023

                                                                                                                                                     Tidak
                                                                                         > 3 Bulan -                                                Memiliki
                                                                                          1 Tahun/                                               Jatuh Tempo/
                                                  ≤ 1 Bulan/       > 1 - 3 Bulan/       > 3 Months -        > 1- 5 Tahun/       > 5 Tahun/          without
                                    Total         ≤ 1 Month        > 1 - 3 Months          1 Year           > 1 - 5 Years       > 5 Years           Maturity

    Kas                                289.184        289.184                   -                      -                    -                -               -   Cash
    Giro pada                                                                                                                                                    Current accounts with
      Bank Indonesia                 3.205.619      3.205.619                   -                      -                    -                -               -       Bank Indonesia
    Giro pada bank                                                                                                                                               Current accounts with
      lain - bruto                     342.881        342.881                   -                      -                    -                -               -       other banks - gross
    Penempatan pada                                                                                                                                              Placements with
      Bank Indonesia                                                                                                                                                 Bank Indonesia
      dan bank lain - bruto          2.133.567      2.133.567                   -                      -                    -                -               -       and other banks - gross
    Surat-surat                                                                                                                                                  Marketable securities -
      berharga - bruto              17.536.249        661.413            336.640             353.954            6.089.466        10.094.776                  -       gross
    Tagihan surat-surat                                                                                                                                          Marketable securities
      berharga yang dibeli                                                                                                                                           receivable purchased
      dengan janji                                                                                                                                                   with agreement
      dijual kembali - net           2.572.152      2.388.117             48.404             135.631                        -                -               -       to resell - net
    Tagihan derivative                   3.040          3.040                  -                   -                        -                -               -   Derivatives payable
    Kredit yang diberikan                                                                                                                                        Loans and sharia
      dan pembiayaan/                                                                                                                                                financing/receivables
      piutang syariah - bruto       49.418.616      1.455.712          2.346.527           9.755.809           15.165.632        20.694.936                  -       - gross
    Tagihan akseptasi -                                                                                                                                          Acceptances receivable -
      bruto                            132.577         29.648             71.000              31.929                        -                -               -       - gross
    Penyertaan saham                                                                                                                                             Investment in shares
      bruto                                 15                 -                -                      -                    -                -              15       - gross
    Aset tetap - bersih              3.233.675                 -                -                      -                    -                -       3.233.675   Fixed assets - net
    Aset pajak tangguhan                                                                                                                                         Deferred tax assets
      neto                           2.670.543              -                   -                      -                    -                -       2.670.543       net
    Aset tak berwujud - neto           285.585              -                   -                      -                    -                -         285.585   intangible assets - net
    Aset lain-lain - neto            6.068.453      1.064.632                   -                      -                    -                -       5.003.821   Other assets -net

    Total                           87.892.156     11.573.813          2.802.571          10.277.323           21.255.098        30.789.712         11.193.639   Total
    Cadangan kerugian                                                                                                                                            Allowance for
     penurunan nilai                (3.584.856)                                                                                                                      impairment losses

                                    84.307.300


    Liabilitas                                                                                                                                                   Liabilities
                                                                                                                                                                 Liabilities
    Liabilitas segera                  431.402        431.402                  -                   -                    -                    -               -      immediately payable
    Simpanan nasabah                44.789.143     22.728.772          9.686.577          12.180.392              193.402                    -               -   Deposits from customers
    Simpanan dari bank lain          7.886.721      4.644.351          3.241.370               1.000                    -                    -               -   Deposits from other banks
    Surat-surat berharga                                                                                                                                         Marketable securities sold
      yang dijual dengan                                                                                                                                            with agreement to
      janji dibeli kembali - neto      219.631        219.631                  -                   -                    -                    -              -       repurchases - net
    Liabilitas derivatif                   808            808                  -                   -                    -                    -              -    Derivatives payable
    Liabilitas akseptasi               132.577         29.648             71.000              31.929                    -                    -              -    Acceptances payable
    Pinjaman yang diterima          11.704.492      1.231.760                  -           2.297.327            8.175.405                    -              -    Borrowings
    Hutang pajak                        64.635              -                  -                   -                    -                    -         64.635    Taxes Payable
    Surat berharga yang
      diterbitkan                    3.397.588              -                   -                  -            3.397.588                 -                  -   Marketable securities
    Liabilitas lain-lain             1.570.140        177.588                   -            206.373                    -           100.344          1.085.835   Other liabilities

    Total                           70.197.137     29.463.960         12.998.947          14.717.021           11.766.395           100.344          1.150.470   Total

    Perbedaan jatuh tempo           17.695.019     (17.890.147)       (10.196.376)         (4.439.698)          9.488.703        30.689.368         10.043.169   Maturity gap

    Aset neto                       14.110.163                                                                                                                   Net assets




                                                                                     - 190 -
Page 681
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)


42. Pengelolaan Permodalan                                     42. Capital Management

    Sasaran utama atas kebijakan pengelolaan                      The primary objectives of the Bank’s capital
    permodalan yang dilakukan oleh Bank adalah untuk              management policy are to ensure that the Bank
    mematuhi ketentuan permodalan eksternal yang                  complies      with    externally    imposed     capital
    berlaku  dan    untuk   mempertahankan      rasio             requirements and that the Bank maintains healthy
    permodalan yang sehat agar dapat mendukung                    capital ratios in order to support its business and to
    usaha dan memaksimalkan nilai bagi pemegang                   maximize shareholder value.
    saham.
    Bank mengelola struktur modal dan melakukan                   The Bank manages its capital structure and makes
    penyesuaian atas struktur tersebut terhadap                   adjustments to that structure to changes in
    perubahan kondisi ekonomi dan karakteristik risiko            economic conditions and the risk characteristics of
    aktivitasnya. Untuk     mempertahankan       atau             its activities. In order to maintain or adjust the capital
    menyesuaikan struktur modal tersebut, Bank dapat              structure, the Bank may adjust the amount of
    menyesuaikan jumlah pembayaran dividen kepada                 dividend payment to shareholders, return capital to
    pemegang saham, mengembalikan modal kepada                    shareholders or issue capital securities.
    pemegang saham atau mengeluarkan saham baru.
    Rasio Permodalan diungkapkan pada Catatan 55l.                Capital Ratio are disclosed in Note 55l.


43. Posisi Devisa Neto                                         43. Net Open Position

    Perhitungan Posisi Devisa Neto Bank diuangkapkan              The Net Open Position calculations for the Bank
    pada Catatan 55m                                              only are disclosed in Note 55m.


44. Perjanjian-Perjanjian Signifikan                           44. Significant Agreements

    Bank menandatangani beberapa perjanjian penting               The Bank entered into              several    significant
    seperti yang tersebut di bawah ini:                           agreements as follows:

    a.   Perjanjian Kerja Sama dengan PT Bank                     a.   Joint Agreement with PT Bank Pembangunan
         Pembangunan Daerah Jambi pada tanggal                         Daerah Jambi dated June 29, 2020 regarding
         29 Juni 2020 mengenai Jual Beli Piutang dan                   the Sale and Purchase of Receivables and
         Pembiayaan Bersama dengan jenis kredit                        pension loans Joint Financing. The maximum
         pensiunan.     Jumlah       maksimal  plafond                 limit of financing is Rp35,000,000,000 (full
         pembiayaan adalah sebesar Rp35.000.000.000                    amount) with a maximum term of 15 years and
         (nilai penuh) dengan jangka waktu maksimal                    the maximum age of the debtor is 75 years at
         15 tahun dan umur debitur maksimal 75 tahun                   the end of the credit agreement.
         pada saat perjanjian kredit berakhir.

         Porsi pembiayaan Bersama yang telah                           The portion of joint financing that has been
         disepakati adalah PT Bank Pembangunan                         agreed upon is PT Bank Pembangunan Daerah
         Daerah Jambi sebesar 90% dan Bank sebesar                     Jambi at 90% and Bank at 10% of the total joint
         10% dari total pembiayaan bersama.                            financing.
    b.   Perjanjian Kerja Sama dengan PT Bank                     b.   Joint Agreement with PT Bank Tabungan
         Tabungan Pensiunan Nasional Tbk (BTPN)                        Pensiunan Nasional Tbk (BTPN) dated June 7,
         pada tanggal 7 Juni 2018 mengenai Jual Beli                   2018 regarding the Sale and Purchase of
         Piutang dan Pengalihan Piutang dengan                         Receivables and Transfer of Pension Loans
         jenis kredit pensiunan. Jumlah maksimal                       Receivables. The maximum limit of financing is
         plafond     pembiayaan     adalah    sebesar                  Rp2,000,000,000,000 (full amount) with a
         Rp2.000.000.000.000 (nilai penuh) dengan                      maximum term of 15 years and the maximum
         jangka waktu maksimal 15 tahun dan umur                       age of the debtor is 75 years at the end of the
         debitur maksimal 75 tahun pada saat perjanjian                credit agreement.
         kredit berakhir.
         Porsi pembiayaan Bersama yang telah                           The portion of joint financing that has been
         disepakati adalah PT BTPN sebesar 90% dan                     agreed upon is PT BTPN at 90% and Bank at
         Bank sebesar 10% dari total pembiayaan                        10% of the total joint financing.
         bersama.




                                                     - 191 -
Page 682
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)


44. Perjanjian-Perjanjian Signifikan (lanjutan)                44. Significant Agreements (continued)

    c.   Perjanjian Kerja Sama dengan PT Bank Woori                c.   Joint Agreement with PT Bank Woori Saudara
         Saudara Indonesia 1906 Tbk pada tanggal                        Indonesia 1906 Tbk dated July 21, 2020
         21 Juli 2020 mengenai Jual Beli Piutang                        regarding the Sale and Purchase of
         dan Pengalihan Piutang dengan jenis                            Receivables and pension loans Joint Financing.
         kredit     pensiunan.    Jumlah     maksimal                   The     maximum      limit of    financing    is
         plafond     pembiayaan     adalah    sebesar                   Rp500,000,000,000 (full amount) with a
         Rp500.000.000.000 (nilai penuh) dengan                         maximum term of 15 years and the maximum
         jangka waktu maksimal 15 tahun dan umur                        age of the debtor is 75 years at the end of the
         debitur maksimal 75 tahun pada saat perjanjian                 credit agreement.
         kredit berakhir.

         Porsi pembiayaan Bersama yang telah                            The portion of joint financing that has been
         disepakati adalah PT Bank Woori Saudara                        agreed upon is PT Bank Woori Saudara
         Indonesia 1906 Tbk sebesar 90% dan Bank                        Indonesia 1906 Tbk at 90% and Bank at 10% of
         sebesar 10% dari total pembiayaan bersama.                     the total joint financing.

    d.   Perjanjian Kerja Sama dengan PT Bank                      d.   Joint Agreement with PT Bank Perkreditan
         Perkreditan Rakyat Dhaha Ekonomi pada                          Rakyat Dhaha Ekonomi dated September 26,
         tanggal 26 September 2019 mengenai Jual Beli                   2019 regarding the Sale and Purchase of
         Piutang dan Pembiayaan Bersama dengan                          Receivables and pension loans Joint Financing.
         jenis kredit pensiunan. Jumlah maksimal                        The    maximum     limit  of    financing   is
         plafond    pembiayaan     adalah     sebesar                   Rp5,000,000,000 (full amount) with a maximum
         Rp5.000.000.000 (nilai penuh) dengan jangka                    term of 15 years and the maximum age of the
         waktu maksimal 15 tahun dan umur debitur                       debtor is 75 years at the end of the credit
         maksimal 75 tahun pada saat perjanjian kredit                  agreement.
         berakhir.

         Porsi pembiayaan bersama yang telah                            The portion of joint financing that has been
         disepakati adalah PT Bank Perkreditan Rakyat                   agreed upon is PT Bank Perkreditan Rakyat
         Dhaha Ekonomi sebesar 95% dan Bank                             Dhaha Ekonomi at 95% and Bank at 5% of the
         sebesar 5% dari total pembiayaan bersama.                      total joint financing.

    e.   Perjanjian Kerja Sama dengan PT Bank                     e.    Joint Agreement with PT Bank Tabungan
         Tabungan Negara (Persero) Tbk (BTN) pada                       Negara (Persero) Tbk (BTN) dated July 8, 2020
         tanggal 8 Juli 2020 mengenai Jual Beli Piutang                 regarding the Sale and Purchase of
         dan Pembiayaan Bersama dengan jenis                            Receivables and Joint Financing with pension
         kredit     pensiunan.    Jumlah     maksimal                   loans. The maximum limit of financing is
         plafond     pembiayaan     adalah      sebesar                 Rp500,000,000,000 (full amount) with a
         Rp500.000.000.000 (nilai penuh) dengan                         maximum term of 15 years and the maximum
         jangka waktu maksimal 15 tahun dan umur                        age of the debtor is 75 years at the end of the
         debitur maksimal 75 tahun pada saat perjanjian                 credit agreement.
         kredit berakhir.

         Porsi pembiayaan bersama yang telah                            The portion of joint financing that has been
         disepakati adalah PT Bank Tabungan Negara                      agreed upon is PT Bank Tabungan Negara
         (Persero) Tbk (BTN) sebesar 90% dan Bank                       (Persero) Tbk (BTN) at 90% and Bank at 10%
         sebesar 10% dari total pembiayaan bersama.                     of the total joint financing.

    f.   Perjanjian Kerja Sama dengan PT Bank KB                  f.    Joint Agreement with PT Bank KB Bukopin
         Bukopin Syariah pada tanggal 29 Desember                       Syariah on December 29, 2020 regarding the
         2020 mengenai perjanjian tentang Investasi                     agreement        regarding     Subordinated
         Mudharabah       Subordinasi. PT      Bank                     Mudharabah Investment. PT Bank KB Bukopin
         KB Bukopin Tbk memberikan investasi sebesar                    Tbk     provides     an    investment     of
         Rp275.000.000.000 (nilai penuh) kepada                         Rp275,000,000,000 (full amount) to PT Bank
         PT Bank KB Bukopin Syariah.                                    KB Bukopin Syariah.
         Kedua pihak sepakat dan mengikatkan diri atas                  Both parties agreed and committed themselves
         penyediaan dana dengan Mudharabah (bagi                        to providing funds with Mudharabah (profit
         hasil) dengan nisbah bagi hasil dengan porsi                   sharing) with a profit sharing ratio with each
         masing-masing pihak adalah PT Bank KB                          party's portion, namely PT Bank KB Bukopin
         Bukopin Tbk sebesar 70% dan PT Bank KB                         Tbk at 70% and PT Bank KB Bukopin Syariah
         Bukopin Syariah sebesar 30%.                                   at 30%.




                                                     - 192 -
Page 683
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


44. Perjanjian-Perjanjian Signifikan (lanjutan)                  44. Significant Agreements (continued)

    g.   Transaksi penjualan kredit portofolio LAR (Loan            g.    LAR (Loan at Risk) portofolio credit sales
         at Risk) ke SPC IDMB United Pte Ltd                              transaction to SPC IDMB United Pte Ltd
         di      Singapura.         Kredit       nominal                  in        Singapore.      Credit       nominal
         Rp4.135.377.534.505 (nilai penuh) dan Bank                       Rp4,135,377,534,505 (full amount) and Bank
         ditunjuk sebagai collecting agent dengan                         appointed as collecting agent in exchange for a
         imbalan mendapat Collection Fee sebesar 1%                       Collection Fee of 1% of nominal collection and
         dari nominal penagihan dan Management Fee                        Management Fee of 0.25% of outstanding
         sebesar 0,25% dari outstanding principal.                        principal.

    h.   Transaksi penjualan kredit portofolio LAR (Loan            h.    LAR (Loan at Risk) portofolio credit sales
         at     Risk)     ke    SMMK          Pte     Ltd                 transaction     to      SMMK       Pte     Ltd
         di       Singapura.        Kredit        nominal                 in        Singapore.      Credit       nominal
         Rp3.813.072.530.214 (nilai penuh) dan KB                         Rp3,813,072,530,214 (full amount) and KB
         Bukopin ditunjuk sebagai collecting agent                        Bukopin appointed as collecting agent in
         dengan imbalan mendapat Collection Fee                           exchange for a Collection Fee of 1% of nominal
         sebesar 1% dari nominal penagihan dan                            collection and Management Fee of 0.25% of
         Management Fee sebesar 0,25% dari                                outstanding principal.
         outstanding principal.

    i.   Pada tanggal 28 September 2022 Bank                        i.    On September 28, 2022 Bank acquired sharia
         membeli surat berharga syariah yaitu Sukuk                       marketable securities Sukuk Wakalah BI Al-
         Wakalah BI Al-Istitsmar yang diterbitkan oleh                    Istitsmar issued by PT Perusahaan Pengelola
         PT Perusahaan Pengelola Aset (Persero)                           Aset (Persero) amounting to Rp2,432,000 with
         senilai Rp2.432.000 dengan jangka waktu 15                       maturity date to 15 years (September 28, 2022 -
         tahun (28 September 2022 - 28 September                          September 28, 2037) and yield of 0.75% per
         2037) dan imbal hasil senilai 0,75% per tahun.                   annum.

    j.   Transaksi penjualan kredit portofolio LAR (Loan             j.   LAR (Loan at Risk) portofolio credit sales
         at Risk) ke TLDC Pte Ltd di Singapura. Kredit                    transaction to TLDC Pte Ltd in Singapore.
         nominal Rp2.868.631.934.002 (nilai penuh) dan                    Credit nominal Rp2,868,631,934,002 (full
         KB Bukopin ditunjuk sebagai collecting agent                     amount) and KB Bukopin appointed as
         dengan imbalan mendapat Collection Fee                           collecting agent in exchange for a Collection
         sebesar 1% dari nominal penagihan dan                            Fee of 1% of nominal collection and
         Management Fee sebesar 0,25% dari                                Management Fee of 0.25% of outstanding
         outstanding principal.                                           principal.


45. Jaminan  Pemerintah  terhadap            Kewajiban           45. Government Guarantee for The Payment of
    Pembayaran Bank Umum                                             Obligations of Commercial Banks

    Pada tanggal 13 Oktober 2008, Presiden Republik                 On October 13, 2008, the President of the Republic
    Indonesia menetapkan Peraturan Pemerintah                       of Indonesia approved Government Regulation
    No. 66 Tahun 2008 tentang besaran nilai simpanan                No. 66 Year 2008 regarding the amount of deposits
    yang dijamin Lembaga Penjaminan Simpanan.                       guaranteed by Lembaga Penjaminan Simpanan.
    Berdasarkan Peraturan tersebut, nilai simpanan                  Based on such Regulation, the guaranteed deposit
    yang dijamin untuk setiap nasabah pada satu Bank                amount in a Bank which previously according to
    yang semula berdasarkan Undang-Undang No. 24                    Law No. 24 Year 2004 amounted to a maximum of
    Tahun 2004 ditetapkan maksimum Rp100 diubah                     Rp100 was amended to a maximum amount of
    menjadi maksimum Rp2.000.                                       Rp2,000.

    Berdasarkan Undang-Undang Republik Indonesia                    Based on the Law of the Republic of Indonesia
    No. 7 Tahun 2009, Peraturan Pemerintah pengganti                No. 7 Year 2009, Government Regulation in lieu of
    undang-undang tentang Lembaga Penjaminan                        law on Lembaga Penjaminan Simpanan has been
    Simpanan telah ditetapkan menjadi undang-undang                 set into law since January 13, 2009.
    sejak tanggal 13 Januari 2009.




                                                       - 193 -
Page 684
PT BANK KB BUKOPIN TBK                                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                        otherwise stated)
lain)


46. Nilai Wajar Instrumen Keuangan                                                  46. Fair Value of Financial Instruments

    Tabel di bawah ini menyajikan perbandingan atas                                      The table presents the comparison, of the carrying
    nilai tercatat dengan nilai wajar dari instrumen                                     amounts and fair value of the Group financial
    keuangan Grup yang tercatat dalam laporan                                            instruments that are recognized in the consolidated
    keuangan konsolidasian:                                                              financial statements:
                                                               31 Desember/December 31, 2024

                                                              Nilai Wajar
                                      Diukur pada              melalui
                                      Nilai Wajar            Penghasilan
                                         melalui          Komprehensif Lain/      Biaya          Total Nilai
                                      Laba Rugi/              Fair Value        Perolehan         Tercatat/
                                       Fair Value           through Other      Diamortisasi/       Total
                                        through            Comprehensive        Amortized        Carrying        Nilai Wajar/
                                     Profit or Loss            Income              Cost           Amount         Fair Value

    Aset                                                                                                                          Assets
    Kas                                               -                  -            369.083          369.083          369.083   Cash
    Giro pada                                                                                                                     Current accounts with
       Bank Indonesia                                 -                  -           2.672.478       2.672.478        2.672.478      Bank Indonesia
    Giro pada bank                                                                                                                Current accounts with
       lain - neto                                    -                  -            396.837          396.837          396.837      other banks - net
    Penempatan pada                                                                                                               Placement with
       Bank Indonesia                                                                                                                Bank Indonesia
       dan bank lain - neto                           -                  -           2.798.303       2.798.303        2.798.303      and other banks - net
    Surat-surat                                                                                                                   Marketable
       berharga - neto                     7.467.153             4.345.452           9.954.226      21.766.831       21.766.831      securities - net
    Tagihan derivatif                              -                     -              12.054          12.054           12.054   Derivative receivable
    Kredit yang diberikan                                                                                                         Loans
       dan pembiayaan/                                                                                                               and sharia
       piutang syariah -                                                                                                             financing/receivables
       neto                                           -                  -          44.535.289      44.535.289       44.535.289      - net
    Tagihan akseptasi -                                                                                                           Acceptances
       neto                                           -                  -             83.079           83.079           83.079      receivable - net
    Penyertaan saham -                                                                                                            Investments in
       neto                                           -                  -                  15              15               15      shares - net
    Aset lain-lain                                    -                  -           1.659.860       1.659.860        1.659.860   Other asset

    Total                                  7.467.153             4.345.452          62.481.224      74.293.829       74.293.829   Total


    Liabilitas                                                                                                                    Liabilities
    Liabilitas                                                                                                                    Liabilities immediately
       segera                                         -                  -            401.263          401.263          401.263      payable
    Simpanan                                                                                                                      Deposits from
       nasabah                                        -                  -          46.593.158      46.593.158       46.593.158      customers
    Simpanan dari bank                                                                                                            Deposits from
       lain                                           -                  -           2.881.186       2.881.186        2.881.186      other banks
    Liabilitas derivatif                              -                  -               3.641           3.641            3.641   Derivatives payable
    Surat-surat berharga                                                                                                          Marketable securities
       yang dijual dengan                                                                                                            sold with agreement
       janji dibeli kembali - neto                    -                  -           3.739.878       3.739.878        3.739.878      to ressel receivable - net
    Liabilitas akseptasi                              -                  -              84.279          84.279           84.279   Acceptances payable
    Pinjaman yang
       diterima                                       -                  -          13.920.644      13.920.644       13.920.644   Borrowings
    Surat berharga yang                                                                                                           Marketable
       diterbitkan                                    -                  -           5.790.158       5.790.158        5.790.158     securities issued
    Liabilitas lain-lain                              -                  -           1.638.402       1.638.402        1.638.402   Other Liabilities

    Total                                             -                  -          75.052.609      75.052.609       75.052.609   Total




                                                                          - 194 -
Page 685
PT BANK KB BUKOPIN TBK                                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                        otherwise stated)
lain)


46. Nilai Wajar Instrumen Keuangan (lanjutan)                                       46. Fair Value of Financial Instruments (continued)
                                                               31 Desember/December 31, 2023

                                                              Nilai Wajar
                                      Diukur pada              melalui
                                      Nilai Wajar            Penghasilan
                                         melalui          Komprehensif Lain/      Biaya          Total Nilai
                                      Laba Rugi/              Fair Value        Perolehan         Tercatat/
                                       Fair Value           through Other      Diamortisasi/       Total
                                        through            Comprehensive        Amortized        Carrying        Nilai Wajar/
                                     Profit or Loss            Income              Cost           Amount         Fair Value

    Aset                                                                                                                            Assets
    Kas                                               -                  -            289.184          289.184          289.184     Cash
    Giro pada                                                                                                                       Current accounts with
       Bank Indonesia                                 -                  -           3.205.619       3.205.619        3.205.619        Bank Indonesia
    Giro pada bank                                                                                                                  Current accounts with
       lain - neto                                    -                  -            342.581          342.581          342.581        other banks - net
    Penempatan pada                                                                                                                 Placements with
       Bank Indonesia                                                                                                                  Bank Indonesia
       dan bank lain - neto                           -                  -           2.133.567       2.133.567        2.133.567        and other banks - net
    Surat-surat                                                                                                                     Marketable
       berharga - neto                     5.322.930             3.067.387           9.145.823      17.536.140       17.536.140        securities - net
    Surat-surat berharga                                                                                                            Marketable securities
       yang dibeli dengan janji                                                                                                        sold with agreement
       dijual kembali - neto                          -                  -           2.572.152       2.572.152        2.572.152        to ressel receivable - net   Placements
    Tagihan derivatif                                 -                  -               3.040           3.040            3.040     Derivative receivables
    Kredit yang diberikan                                                                                                           Loans
       dan pembiayaan/                                                                                                                 and sharia
       piutang syariah -                                                                                                               financing/receivables
       neto                                           -                  -          45.835.782      45.835.782       45.835.782        - net                        Derivative re
    Tagihan akseptasi -                                                                                                             Acceptances
       neto                                           -                  -            130.964          130.964          130.964        receivable - net
    Penyertaan saham -                                                                                                              Investments in
       neto                                           -                  -                  15              15               15        shares - net
    Aset lain-lain                                    -                  -           1.272.119       1.272.119        1.272.119     Other asset

    Total                                  5.322.930             3.067.387          64.930.846      73.321.163       73.321.163     Total
                                                                                                                      Liabilitas
                                                                                                                      Liabilities                                   Other asset
    Liabilitas                                                                                                                      Liabilities immediately
       segera                                         -                  -            431.402          431.402          431.402        payable
    Simpanan                                                                                                                        Deposits from
       nasabah                                        -                  -          44.789.143      44.789.143       44.789.143        customers
    Simpanan dari bank                                                                                                              Deposits from
       lain                                       -                      -           7.886.721       7.886.721        7.886.721        other banks
    Liabilitas derivatif                        808                      -                   -             808              808     Derivatives payable
    Surat-surat berharga                                                                                                            Marketable securities
       yang dijual dengan                                                                                                              sold with agreement
       janji dibeli kembali - neto                    -                  -            219.631          219.631          219.631        to ressel receivable - net
    Liabilitas akseptasi                              -                  -            132.577          132.577          132.577     Acceptances payable
    Pinjaman yang
       diterima                                       -                  -          11.704.492      11.704.492       11.704.492     Borrowings
    Surat berharga yang                                                                                                             Marketable
       diterbitkan                                    -                  -           3.397.588       3.397.588        3.397.588       securities issued
    Liabilitas lain-lain                              -                  -           1.570.140       1.570.140        1.570.140     Other Liabilities

    Total                                       808                      -          70.131.694      70.132.502       70.132.502     Total



    Berikut metode dan asumsi yang digunakan untuk                                       The following methods and assumptions are used to
    perkiraan nilai wajar:                                                               estimate the fair value:

    Nilai wajar aset dan liabilitas keuangan tertentu                                    Fair values of certain financial assets and liabilities
    selain surat berharga yang diukur melalui harga                                      other than securities measured at amortized cost
    perolehan yang diamortisasi dan biaya perolehan,                                     and acquisition cost marketable securities,
    pinjaman yang diterima, dan surat berharga yang                                      borrowings, and securities issued approximate their
    diterbitkan mendekati nilai tercatat, karena                                         carrying amounts due to short-term maturities of
    instrumen keuangan tersebut memiliki jangka waktu                                    these financial instruments, due to the interest rate
    jatuh tempo yang singkat dan memiliki tingkat bunga                                  is at market rate and carried at fair value.
    sesuai pasar.

    Nilai wajar dari surat berharga yang diukur melalui                                  The fair value of marketable securities amortized
    harga perolehan yang diamortisasi dan biaya                                          cost and acquisition cost marketable securities is
    perolehan ditentukan berdasarkan harga kuotasi                                       determined on the basis of quoted market price as
    pasar yang berlaku pada 31 Desember 2024 dan                                         at December 31, 2024 and 2023.
    2023.




                                                                          - 195 -
Page 686
PT BANK KB BUKOPIN TBK                                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                 otherwise stated)
lain)


46. Nilai Wajar Instrumen Keuangan (lanjutan)                                  46. Fair Value of Financial Instruments (continued)

    Nilai wajar dari pinjaman yang diterima dan surat                              The fair value of borrowings and securities issued is
    berharga yang diterbitkan dihitung menggunakan                                 calculated using discounted cash flows using market
    arus kas yang didiskonto berdasarkan suku bunga                                rate.
    pasar.
    Tabel di bawah ini menyajikan nilai wajar instrumen                            The table below shows the fair value of financial
    keuangan berdasarkan hierarki yang digunakan                                   instruments based on the hierarchy used by the
    Bank untuk menentukan dan mengungkapkan nilai                                  Bank in determining and disclosing the fair value of
    wajar dari instrumen keuangan:                                                 financial instruments:
    a. Tingkat 1: Dikutip dari harga di pasar aktif untuk                          a. Level 1: Quoted prices in active markets for
        aset atau liabilitas keuangan yang identik;                                     identical financial assets or liabilities;
    b. Tingkat 2: Yang melibatkan input selain dari                                b. Level 2: Those involving inputs other than
        harga kuotasi yang termasuk dalam Tingkat 1                                     quoted prices included in Level 1 that are
        yang dapat diobservasi untuk aset dan liabilitas,                               observable for the asset or liability, either
        baik secara langsung (seperti harga) atau tidak                                 directly (as prices) or indirectly (derived from
        langsung (berasal dari harga);                                                  prices);
    c. Tingkat 3: Input untuk aset dan liabilitas yang                             c. Level 3: Those with inputs for the asset or
        tidak berdasarkan pada data yang dapat di                                       liability that are not based on observable market
        observasi di pasar (input yang tidak dapat                                      data (unobservable inputs).
        diobservasi).
                                                          31 Desember/December 31, 2024

                                                 Pengukuran Nilai Wajar pada Tanggal Pelaporan Menggunakan/
                                                     Fair Value Measurement as at Reporting Date Using:

                                       Nilai Tercatat/          Tingkat/           Tingkat/            Tingkat/
                                      Carrying Amount           Level 1            Level 2             Level 3

    Aset keuangan yang diukur                                                                                         Financial asset measured
        pada nilai wajar                                                                                                 at fair value
    Diukur pada nilai wajar melalui                                                                                   Fair value through
        laba rugi:                                                                                                       profit or loss:
    Tagihan derivatif                            12.054             12.054                    -                   -   Derivative receivables
    Surat-surat berharga                      7.467.153            274.656            7.192.497                   -   Marketable securities
    Nilai wajar melalui penghasilan                                                                                   Fair value through other
        komprehensif lain:                                                                                               comprehensive income:
    Surat-surat berharga                      4.345.452          4.345.452                    -                   -   Marketable securities
    Aset keuangan yang nilai                                                                                          Financial asset of which the
        wajarnya diungkapkan                                                                                             fair value is disclosed
    Dimiliki hingga jatuh tempo:                                                                                      Owned until maturity:
    Surat-surat berharga                      9.954.226          8.540.315                    -          1.413.911    Marketable securities
    Kredit yang diberikan
        dan piutang:                                                                                                  Loans and receivables:
    Kredit yang diberikan dan
        pembiayaan/piutang                                                                                          Loans and sharia
        Syariah                              44.535.289                    -         44.535.289                   -    financing/receivables
    Liabilitas keuangan yang nilai                                                                                  Financial liabilities which the
        wajarnya diungkapkan                                                                                           fair value is disclosed
    Biaya perolehan diamortisasi:                                                                                   Amortized cost:
    Surat berharga yang
        diterbitkan                           5.790.158                    -          5.790.158                   -   Marketable securities issued
    Pinjaman yang diterima                   13.920.644                    -         13.920.644                   -   Borrowings

                                                          31 Desember/December 31, 2023

                                                 Pengukuran Nilai Wajar pada Tanggal Pelaporan Menggunakan/
                                                     Fair Value Measurement as at Reporting Date Using:

                                       Nilai Tercatat/          Tingkat/           Tingkat/            Tingkat/
                                      Carrying Amount           Level 1            Level 2             Level 3

    Aset keuangan yang diukur                                                                                         Financial asset measured
        pada nilai wajar                                                                                                 at fair value
    Diukur pada nilai wajar melalui                                                                                   Fair value through
        laba rugi:                                                                                                       profit or loss:
    Tagihan derivatif                             3.040              3.040                    -                   -   Derivative receivables
    Surat-surat berharga                      5.322.930                 13            5.322.917                   -   Marketable securities
    Nilai wajar melalui penghasilan                                                                                   Fair value through other
        komprehensif lain:                                                                                               comprehensive income:
    Surat-surat berharga                      3.067.387          3.067.387                    -                   -   Marketable securities
    Aset keuangan yang nilai                                                                                          Financial asset of which the
        wajarnya diungkapkan                                                                                          Fair value is disclosed
    Biaya perolehan di amortisasi:                                                                                    Amortized cost:
    Surat-surat berharga                      9.145.823          7.811.762                    -          1.334.061    Marketable securities




                                                                   - 196 -
Page 687
PT BANK KB BUKOPIN TBK                                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                 otherwise stated)
lain)


46. Nilai Wajar Instrumen Keuangan (lanjutan)                                 46. Fair Value of Financial Instruments (continued)

                                                         31 Desember/December 31, 2023

                                                Pengukuran Nilai Wajar pada Tanggal Pelaporan Menggunakan/
                                                    Fair Value Measurement as at Reporting Date Using:

                                      Nilai Tercatat/          Tingkat/           Tingkat/            Tingkat/
                                     Carrying Amount           Level 1            Level 2             Level 3

    Kredit yang diberikan
        dan piutang:                                                                                                 Loans and receivables:
    Pinjaman yang diberikan dan
       pembiayaan/piutang                                                                                            Loans and sharia
        Syariah                             45.835.782                    -           45.835.782                 -      financing/receivables
    Liabilitas keuangan yang nilai                                                                                   Financial liabilities of which the
        wajarnya diungkapkan                                                                                            fair value is disclosed
    Biaya perolehan diamortisasi:                                                                                    Amortized cost:
    Surat berharga yang
        diterbitkan                          3.397.588                    -            3.397.588                 -   Marketable securities issued
    Pinjaman yang diterima                  11.704.492                    -           11.704.492                 -   Borrowings




    Pada tanggal 31 Desember 2024 dan 2023 tidak                                  As at December 31, 2024 and 2023, there is no
    terdapat aset keuangan atau liabilitas keuangan                               financial assets and financial liabilities transfer out of
    yang ditransfer dari/ke tingkat 2 dan/atau tingkat 3.                         or into level 2 and/or level 3.


47. Analisa Kualitas Kredit                                                   47. Credit Quality Analysis

    Peningkatan Risiko Kredit Secara Signifikan                                   Significant Increase in Credit Risk

    Ketika menentukan apakah risiko gagal bayar pada                              When determining whether the risk of default on
    instrumen keuangan telah meningkat secara                                     financial instruments has increased significantly
    signifikan   sejak     pengakuan     awal,    Grup                            since initial recognition, the Group considers
    mempertimbangkan informasi yang wajar dan                                     reasonable and supported relevant information that
    terdukung, serta relevan yang tersedia tanpa biaya                            is available without excessive costs or efforts. This
    atau upaya yang berlebihan. Hal tersebut mencakup                             includes quantitative and qualitative information and
    informasi dan analisa kuantitatif dan kualitatif,                             analysis, based on historical experience and credit
    berdasarkan pada pengalaman historis dan                                      expert assessments and including forward-looking
    penilaian pakar kredit dan termasuk perkiraan masa                            estimates.
    depan (forward-looking).

    Tujuan    dari    penilaian   ini   adalah      untuk                         The purpose of this assessment is to identify
    mengidentifikasi apakah peningkatan risiko kredit                             whether a significant increase in credit risk of
    secara signifikan atas eksposur telah terjadi dengan                          exposure has occurred by comparing:
    membandingkan:
    •   Probability of Default (PD) atas umur tersisa                             •    Probability of Default (PD) for the remaining age
        pada tanggal pelaporan; dengan                                                 at the reporting date; with
    •   Probability of Default (PD) atas umur tersisa                             •    Probability of Default (PD) for the estimated
        yang di estimasi pada saat pengakuan awal                                      remaining age at initial recognition of the
        eksposur (jika relevan, disesuaikan dengan                                     exposure (if relevant, adjusted for change in
        perubahan ekspektasi pembayaran dimuka).                                       expectations of prepayment).
    Grup    menggunakan        kriteria berikut    dalam                          The Group use these criteria for determining
    menentukan apakah peningkatan risiko kredit                                   whether there has been a significant increase in
    secara signifikan atas eksposur telah terjadi:                                credit:
    •   pengujian kuantitatif berdasarkan perubahan                           •   •   quantitative test based on movement in
        Probability of Default (PD);                                                  Probability of Default (PD);
    •   indikator kualitatif.                                                     •   qualitative indicators.




                                                                  - 197 -
Page 688
PT BANK KB BUKOPIN TBK                                                                       PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                               Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                          For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                       otherwise stated)
lain)



47. Analisa Kualitas Kredit (lanjutan)                               47. Credit Quality Analysis (continued)

    Credit Risk Grades                                                   Credit Risk Grades

    Grup mengalokasikan setiap eksposur ke credit risk                   The Group allocated each exposure to credit risk
    grades berdasarkan variasi data yang ditentukan                      grades based on a variety of data that is determined
    dapat memprediksi risiko gagal bayar dan                             to predict the risk of default and apply credit
    menerapkan pengalaman atas kredit. Credit risk                       experience judgement. Credit risk grades are
    grades ditetapkan menggunakan faktor kualitatif dan                  determined using qualitative and quantitative factors
    kuantitatif yang dapat mengindikasikan risiko gagal                  that can indicate the risk of default. These factors
    bayar. Faktor-faktor ini bervariasi tergantung pada                  vary depending on the nature of the exposure and
    sifat eksposur dan jenis peminjam.                                   the type of borrower.

    Credit risk grades ditetapkan dan dikalibrasi                        Credit risk grades are determined and calibrated in
    sedemikian rupa sehingga risiko terjadinya gagal                     such a way that the risk of default is increasing
    bayar meningkat secara eksponensial seiring                          exponentially as credit risk rating decreases, for
    dengan penurunan rating risiko kredit, sebagai                       example, the difference between credit risk rating
    contoh, selisih antara credit risk rating grades 1 dan               grades 1 and 2 is smaller than the difference
    2 lebih kecil dari pada selisih antara credit risk rating            between credit risk rating grades 2 and 3.
    grades 2 dan 3.

    Setiap eksposur dialokasikan ke credit risk grades                   Each exposure is allocated to credit risk grades at
    pada pengakuan awal berdasarkan informasi yang                       initial recognition based on available information
    tersedia tentang peminjam. Eksposur ini dipantau                     about the borrower. This exposure is monitored on
    secara berkelanjutan, dan dapat mengakibatkan                        an ongoing basis, and can result in the exposure
    eksposur dipindahkan ke credit risk grades yang                      being transferred to different credit risk grades.
    berbeda. Pemantauan biasanya menggunakan data                        Monitoring usually uses the following data: financial
    berikut: laporan keuangan, penggunaan fasilitas                      statements, use of credit facilities, estimates of
    kredit, estimasi kondisi ekonomi.                                    economic conditions.

    Penentuan Struktur Probability of Default                            Determination of the Probability of Default Structure

    Credit risk grades adalah input utama dalam                          Credit risk grades are the main input in determining
    penentuan struktur PD term structure atas eksposur.                  the PD term structure of the exposure. The Bank
    Bank mengumpulkan informasi kinerja dan gagal                        collects performance and default information about
    bayar tentang eksposur risiko kredit yang dianalisa                  credit risk exposures, which are analyzed by
    berdasarkan yurisdiksi atau wilayah dan menurut                      jurisdiction or region and by product and borrower
    jenis produk dan peminjam serta penilaian risiko                     type as well as credit risk assessment. For some
    kredit. Untuk beberapa portofolio, informasi yang                    portfolios, information purchased from external
    dibeli dari penilai kredit eksternal juga digunakan.                 credit assessors is also used.

    Bank     menggunakan    model     statistik  untuk                   The Bank uses a statistical model to analyze the
    menganalisa     data  yang    dikumpulkan      dan                   collected data and produce an estimate of the
    menghasilkan perkiraan probability of default (PD)                   probability of default (PD) for the remaining life and
    atas umur tersisa dan bagaimana hal ini                              how this is expected to change as a result of the
    diperkirakan akan berubah sebagai akibat dari                        passage of time.
    berlalunya waktu.

    Analisa ini mencakup identifikasi dan kalibrasi                      This analysis includes the identification and
    hubungan antara perubahan tingkat gagal bayar dan                    calibration of the relationship between changes in
    perubahan dalam faktor-faktor makro ekonomi                          default rates and changes in key macroeconomic
    utama serta analisa mendalam tentang dampak                          factors as well as an in-depth analysis of the impact
    faktor-faktor lain tertentu (misalkan restrukturisasi)               of other certain factors (e.g. restructuring) on the
    pada risiko gagal bayar. Untuk sebagian besar                        risk of default. For most exposures, the main
    eksposur, indikator makro ekonomi utama meliputi:                    macroeconomic indicators include: GDP growth,
    pertumbuhan PDB, suku bunga acuan, dan tingkat                       benchmark interest rates, and the unemployment
    pengangguran. Untuk eksposur pada industri                           rate. For exposures in certain industries and/or
    dan/atau wilayah tertentu, analisa dapat mencakup                    regions, the analysis can include commodity prices
    harga komoditas dan/atau harga properti yang                         and/or, relevant property prices.
    relevan.




                                                           - 198 -
Page 689
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)


47. Analisa Kualitas Kredit (lanjutan)                          47. Credit Quality Analysis (continued)

    Credit Risk Grades (lanjutan)                                   Credit Risk Grades (continued)

    Penentuan Terjadinya Peningkatan Risiko Kredit                  Determination of Significant Increase in Credit Risk
    Secara Signifikan

    Grup mempergunakan sejumlah kriteria untuk                      The Group uses several criteria for determining that
    menentukan telah terjadi peningkatan risiko kredit              credit risk has increased significantly.
    secara signifikan.

    Kriteria tersebut ditetapkan menggunakan faktor                 The criteria are determined using quantitative and
    kuantitatif dan kualitatif termasuk penentuan                   qualitative factors including determination based on
    berdasarkan status hari tunggakan yang dapat                    arrear day status that can indicate significant
    mengindikasikan telah terjadi peningkatan risiko                increase in credit risk since initial recognition.
    kredit yang signifikan terhadap saat awal diberikan.

    Grup dimungkinkan menggunakan penilaian dari                    The Group can also use the judgement of credit
    analis kredit dan pengalaman historis yang relevan,             analysts and, if possible, relevant historical
    dalam menentukan bahwa eksposur mungkin saja                    experience, in determining that the exposure may
    telah mengalami peningkatan risiko kredit yang                  have experienced a significant increase in credit
    signifikan berdasarkan indikator kualitatif tertentu            risk based on certain qualitative indicators that are
    yang dianggap dapat mengindikasikan hal tersebut                considered to indicate this and their effects may not
    dimana pengaruhnya mungkin belum sepenuhnya                     be fully reflected in quantitative analysis in
    tercermin pada saat dilakukan analisis kuantitatif.             comprehensive manner on a timely manner.

    Grup menentukan bahwa peningkatan risiko kredit                 The Group determines that a significant increase in
    secara signifikan belum terjadi apabila masih kurang            credit risk has not occurred if it is still less than 30
    dari 30 hari tunggakan. Hari tunggakan ditentukan               days in arrears. Arrear days are determined by
    dengan menghitung jumlah hari sejak tanggal jatuh               counting the number of days from the initial due
    tempo awal dimana pembayaran penuh belum                        date where full payment has not been received.
    diterima. Tanggal jatuh tempo ditentukan tanpa                  The due date is determined without considering the
    mempertimbangkan masa tenggang yang mungkin                     grace period that might be available to the
    tersedia bagi peminjam.                                         borrower.

    Grup memantau efektivitas kriteria yang digunakan               The Group monitors the effectiveness of the criteria
    dalam mengidentifikasi peningkatan risiko kredit                used in identifying significant increases in credit risk
    yang signifikan dengan cara reviu berkala.                      by periodic review.

    Modifikasi Aset Keuangan                                        Modification of Financial Assets

    Ketentuan kontraktual pinjaman dapat dimodifikasi               Loan contractual terms can be modified for
    untuk beberapa alasan, termasuk perubahan kondisi               a number of reasons, including changes in market
    pasar, retensi pelanggan dan faktor-faktor lain yang            conditions, customer retention and other factors not
    tidak terkait dengan penurunan kredit saat ini.                 related to the current credit decline. Loans with
    Pinjaman      yang     ketentuan     kontraktualnya             modified contractual terms can cause the initial
    dimodifikasi dapat menyebabkan pinjaman awal                    loan to be derecognized and recognized the
    dihentikan pengakuannya dan pinjaman hasil                      modified loan as a new loan at fair value.
    modifikasi diakui sebagai pinjaman baru pada nilai
    wajar.

    Ketika ketentuan kontraktual pinjaman dimodifikasi              When the contractual terms of the loan are
    dan tidak mengakibatkan penghentian pengakuan,                  modified and do not result in termination of
    penentuan terjadinya peningkatan risiko kredit                  recognition, determining the occurrence of a
    secara    signifikan    dilakukan    dengan  cara               significant increase in credit risk is done by
    membandingkan:                                                  comparing:
    •    sisa PD sepanjang umur pada tanggal                        • PD remainder life at reporting date based on
         pelaporan     berdasarkan    ketentuan yang                   modified provision; with
         dimodifikasi; dengan
    •    sisa PD sepanjang umur yang diestimasi                     •   residual PD throughout the estimated age
         berdasarkan data pada saat pengakuan awal                      based on data at initial recognition and initial
         dan ketentuan kontraktual awal.                                contractual provisions.




                                                      - 199 -
Page 690
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)


47. Analisa Kualitas Kredit (lanjutan)                          47. Credit Quality Analysis (continued)
    Modifikasi Aset Keuangan (lanjutan)                              Modification of Financial Assets (continued)
    Bank menganggap aset keuangan dalam keadaan                      The Bank considers financial assets as default
    default/gagal bayar ketika:                                      when:
    • Debitur tidak mungkin membayar kewajiban                       • The debtor is unlikely to pay its credit obligation
       kreditnya secara penuh, tanpa bantuan                            in full, without assistance (recourse) from the
       (recourse) dari Bank; atau                                       Bank; or
    • Debitur telah melewati jatuh tempo lebih dari 90               • The debtors have past due more than 90 days
       hari atas kewajiban kredit material apa pun                      for any material credit obligations to the Bank.
       kepada Bank.

    Dalam menilai apakah debitur dalam keadaan                      In assessing whether a debtor is in default, the Bank
    default/gagal bayar, Bank mempertimbangkan                      considers the following indicators:
    indikator berikut:
    •    Kualitatif seperti pelanggaran persyaratan                  •   Qualitative such as violations of the terms of the
         penjanjian (covenants);                                         agreement (covenants);
    •    Kuantitatif seperti status tunggakan; dan                   •   Quantitative such as arrears status; and
    •    Berdasarkan data yang dikembangkan secara                   •   Based on data developed internally and
         internal dan diperoleh dari sumber eksternal.                   obtained from external sources.

    Input, Asumsi, dan Teknik yang digunakan                        Inputs, Assumptions, and Techniques used in
    dalam mengestimasi penurunan nilai                              estimating impairment

    Penggunaan informasi perkiraan masa depan                       Use of forward-looking information
    (forward-looking)

    Bank menggunakan informasi forward-looking dalam                 The Bank uses forward-looking information in
    menilai apakah telah terjadinya peningkatan risiko               assessing whether there has been a significant
    kredit secara signifikan dan pengukuran kerugian                 increase in credit risk and measurement of expected
    kredit ekspektasian. Berdasarkan saran dari Komite               credit losses. Based on advice from the Risk
    Manajemen      Risiko,    pakar    ekonomi    dan                Management        Committee,     economists    and
    pertimbangan berbagai informasi aktual dan                       consideration of various actual information and
    perkiraan eksternal, Bank merumuskan pandangan                   external forecast, the Bank formulated a base case
    dasar (base case) tentang pergerakan variabel                    for the movement of relevant economic variables in
    ekonomi yang relevan dimasa depan serta perkiraan                future as well as forecasts of other possible
    skenario lain yang mungkin terjadi. Proses ini                   scenarios. This process involves developing two or
    meliputi pengembangan dua atau lebih skenario.                   more     additional     economic   scenarios   and
                                                                     considerations

    Ekonomi     tambahan     dan   mempertimbangkan                  The relative probabilities of the possible outputs.
    probabilitas relatif dari keluaran (output) yang                 External information includes economic data and
    mungkin. Informasi eksternal mencakup data                       estimates published by, such as government
    ekonomi dan perkiraan yang diterbitkan oleh, seperti             agencies and selected private sector analysts and
    badan pemerintah dan analis sektor swasta dan                    academics.
    akademisi terpilih.

    Pandangan dasar (base case) mencerminkan                         The base case reflects the output with the highest
    keluaran dengan probabilitas yang paling tinggi dan              probability and is used in strategic planning and
    digunakan dalam perencanaan strategis dan                        budgeting. Another scenario, reflects more optimistic
    anggaran. Skenario yang lain, mencerminkan                       outputs and more pessimistic outputs.
    keluaran yang lebih optimis dan keluaran yang lebih
    pesimis.

    Skenario ekonomi yang dirumuskan menggunakan                     The economic scenarios formulated using the range
    kisaran indikator utama pada tanggal 31 Desember                 of key indicators as at December 31, 2024 and
    2024 dan 2023, adalah sebagai berikut:                           2023, are as follows:




                                                      - 200 -
Page 691
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)


47. Analisa Kualitas Kredit (lanjutan)                          47. Credit Quality Analysis (continued)
    Modifikasi Aset Keuangan (lanjutan)                              Modification of Financial Assets (continued)
    Input, Asumsi, dan Teknik yang digunakan                        Inputs, Assumptions, and Techniques used in
    dalam mengestimasi penurunan nilai (lanjutan)                   estimating impairment (continued)

    Penggunaan informasi perkiraan masa depan                       Use of forward-looking information (continued)
    (forward-looking) (lanjutan)
                                                   Indikator utama/
                                                    Key indicators

      Tingkat pengangguran                          dasar 8%/base 8%               Unemployment rate
                                               Kisaran antara 7 hingga 10%/
                                                Range between 7 and 10%
      Suku bunga                                    dasar 1%/base 1%               Interest rates
                                               Kisaran antara 0,5 hingga 2%/
                                                Range between 0.5 and 2%
      Pertumbuhan PDB                              dasar 1,5%/base 1.5%            GDP growth
                                               Kisaran antara 0 hingga 2,5%/
                                                Range between 0 and 2.5%

    Pengukuran Kerugian Kredit Ekspektasian                         Measurement of Expected Credit Loss

    Input utama dalam pengukuran kerugian kredit                    The main inputs in measuring expected credit loss
    ekspektasian adalah variabel berikut :                          are the following variables:
    • Probability of Default (PD)                                   • Probability of Default (PD)
    • Loss of Given Default (LGD)                                   • Loss of Given Default (LGD)
    • Exposure at Default (EAD)                                     • Exposure at Default (EAD)

    Parameter ini umumnya berasal dari model statistik              These parameters generally come from statistical
    yang dikembangkan secara internal dan data historis             models that are developed internally and other
    lainnya.  Parameter     ini  disesuaikan     untuk              historical data. This parameter is adjusted to reflect
    mencerminkan informasi forward-looking.                         forward-looking information.

    Estimasi PD adalah estimasi pada tanggal tertentu,              PD estimation is an estimate on a certain date,
    yang dihitung berdasarkan model peringkat statistik,            which is calculated based on a statistical ranking
    dan dinilai menggunakan rating yang disesuaikan                 model, and is assessed using a rating that is
    dengan berbagai kategori dari debitur dan eksposur.             adjusted to various categories of debtors and
    Model statistik ini didasarkan pada data yang                   exposures. This statistical model is based on data
    disusun secara internal yang terdiri dari faktor                compiled internally consisting of quantitative and
    kuantitatif dan kualitatif.                                     qualitative factors.
    LGD adalah besarnya kerugian jika terjadi gagal                 LGD is the amount of loss if there is a default. LGD
    bayar. Parameter LGD diestimasi secara historis                 parameters are historically estimated based on the
    berdasarkan tingkat pemulihan atas klaim terhadap               level of recovery of claims against debtors who
    debitur   yang     gagal     bayar.  Model    LGD               default. The LGD model considers the structure,
    mempertimbangkan struktur, jaminan, senioritas                  collateral, claim seniority, the debtor industry, and
    klaim, industri debitur, dan biaya pemulihan setiap             the cost of recovering any collateral that is an
    jaminan yang merupakan bagian integral dari aset                integral part of a financial asset.
    keuangan.

    EAD merepresentasikan estimasi eksposur jika                    EAD represents the estimated exposure in case of
    terjadi gagal bayar. EAD suatu aset keuangan                    default. EAD of a financial asset is the gross
    adalah jumlah tercatat bruto. Untuk komitmen                    carrying amount. For loan commitments and
    pinjaman dan jaminan keuangan, EAD mencakup                     financial guarantees, EAD includes the amount that
    jumlah yang telah ditarik, serta jumlah potensial di            has been withdrawn, as well as potential future
    masa depan yang akan ditarik, yang diestimasi                   amounts to be withdrawn, which are estimated
    berdasarkan pengamatan historis dan perkiraan                   based on historical observations and forward-
    berwawasan ke depan (forward-looking).                          looking estimates.




                                                      - 201 -
Page 692
PT BANK KB BUKOPIN TBK                                                                                         PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                       AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                 Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                            For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                  (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                         otherwise stated)
lain)


47. Analisa Kualitas Kredit (lanjutan)                                              47. Credit Quality Analysis (continued)
    Modifikasi Aset Keuangan (lanjutan)                                                      Modification of Financial Assets (continued)
    Input, Asumsi, dan Teknik yang digunakan                                                 Inputs, Assumptions, and Techniques used in
    dalam mengestimasi penurunan nilai (lanjutan)                                            estimating impairment (continued)

    Pengukuran             Kerugian       Kredit       Ekspektasian                          Measurement            of    Expected            Credit        Loss
    (lanjutan)                                                                               (continued)
    Ketika pemodelan parameter dilakukan secara                                              When parameter modeling is done collectively,
    kolektif,   instrumen     keuangan dikelompokkan                                         financial instruments are grouped according to the
    berdasarkan kesamaan karakteristik risiko yang                                           similarity of risk characteristics which include:
    meliputi:
    • jenis instrumen;                                                                     • type of instrument;
    • peringkat risiko kredit;                                                             • credit risk rating;
    • jenis agunan;                                                                        • type of collateral;
    • tanggal pengakuan awal;                                                              • date of initial recognition;
    • sisa waktu jatuh tempo;                                                              • remaining due date;
    • industri; dan                                                                        • industry; and
    • lokasi geografis debitur.                                                            • debtor’s geographical location.

    a.   Analisis risiko kredit berdasarkan internal rating                            a. Credit risk analysis based on internal rating grades:
         grades:
                                                               31 Desember/December 31, 2024

                                                                                                     Kerugian
                                                                                                    Kredit atas
                                                          Kerugian              Kerugian          Aset Keuangan
                                                            Kredit                Kredit         yang Dibeli atau
                                                         Sepanjang             Sepanjang           Berasal dari
                                                         Umurnya -             Umurnya -          Aset Keuangan
                                        Kerugian        Kredit Tidak              Kredit        yang Memburuk/
                                         Kredit         Memburuk/             Memburuk/             Purchased
                                      Ekspektasian         Lifetime              Lifetime            or Credit
                                        12 Bulan/      ECL - No Credit        ECL - Credit           Impaired
                                     12 Months ECL        Impaired              Impaired         Financial Assets        Total

          Kredit yang diberikan
             yang diukur pada
             biaya perolehan
             yang diamortisasi                                                                                                         Loans at amortized cost
          Grade 1                        37.083.192          3.821.847                  5.191                   -        40.910.230    Grade 1
          Grade 2                           161.018          2.320.709                     26                   -         2.481.753    Grade 2
          Grade 3                                 -             86.535                 96.444                   -           182.979    Grade 3
          Grade 4                                 -                  -                306.321                   -           306.321    Grade 4
          Grade 5                                 -             47.569              3.598.634                   -         3.646.203    Grade 5

          Total                          37.244.210          6.276.660            4.006.616                     -        47.527.486    Total
          Cadangan kerugian kredit         (497.013)          (509.077)          (1.986.107)                    -        (2.992.197)   Loss allowance

          Nilai Tercatat                 36.747.197          5.767.583              2.020.509                   -        44.535.289    Carrying Amount


                                                               31 Desember/December 31, 2023

                                                                                                     Kerugian
                                                          Kerugian              Kerugian            Kredit atas
                                                            Kredit                Kredit          Aset Keuangan
                                                         Sepanjang             Sepanjang         yang Dibeli atau
                                                         Umurnya -             Umurnya -            Berasal dari
                                        Kerugian        Kredit Tidak              Kredit          Aset Keuangan
                                         Kredit         Memburuk/             Memburuk/          yang Memburuk/
                                      Ekspektasian         Lifetime              Lifetime          Purchased or
                                        12 Bulan/      ECL - No Credit        ECL - Credit        Credit Impaired
                                     12 Months ECL        Impaired              Impaired         Financial Assets        Total

          Kredit yang diberikan
             yang diukur pada
             biaya perolehan
             yang diamortisasi                                                                                                         Loans at amortized cost
          Grade 1                        39.904.538            614.341                160.916                   -        40.679.795    Grade 1
          Grade 2                         1.056.648          3.326.041                  2.009                   -         4.384.698    Grade 2
          Grade 3                                 -                  -                410.030                   -           410.030    Grade 3
          Grade 4                                 -                  -                348.669                   -           348.669    Grade 4
          Grade 5                                 -                  -              3.595.424                   -         3.595.424    Grade 5

         Total                           40.961.186          3.940.382            4.517.048                     -        49.418.616    Total
         Cadangan kerugian kredit          (908.096)          (498.218)          (2.176.520)                    -        (3.582.834)   Loss allowance

         Nilai Tercatat                  40.053.090          3.442.164              2.340.528                   -        45.835.782    Carrying Amount




                                                                          - 202 -
Page 693
PT BANK KB BUKOPIN TBK                                                                                        PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                      AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                           For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                 (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                        otherwise stated)
lain)


47. Analisa Kualitas Kredit (lanjutan)                                             47. Credit Quality Analysis (continued)
    Modifikasi Aset Keuangan (lanjutan)                                                     Modification of Financial Assets (continued)
    Input, Asumsi, dan Teknik yang digunakan                                                Inputs, Assumptions, and Techniques used in
    dalam mengestimasi penurunan nilai (lanjutan)                                           estimating impairment (continued)

    Pengukuran            Kerugian       Kredit       Ekspektasian                          Measurement            of     Expected            Credit        Loss
    (lanjutan)                                                                              (continued)
    a.   Analisis risiko kredit berdasarkan internal rating                                 a. Credit risk analysis based on internal rating
         grades: (lanjutan)                                                                    grades: (continued)

         Cadangan kerugian kredit untuk aset keuangan                                           Allowance for credit losses for financial assets
         yang diklasifikasikan pada nilai wajar melalui                                         classified as fair value through other
         penghasilan komprehensif lain tidak diakui pada                                        comprehensive income is not recognized in the
         laporan posisi keuangan karena nilai tercatat                                          statement of financial position because the
         aset keuangan tersebut adalah nilai wajar.                                             carrying value of the financial assets is the fair
                                                                                                value.

    b.   Analisis risiko kredit berdasarkan probability of                                  b. Credit risk analysis based on probability of
         default:                                                                              default:
                                                              31 Desember/ December 31, 2024

                                                                                                    Kerugian
                                                                                                   Kredit atas
                                                         Kerugian              Kerugian          Aset Keuangan
                                                           Kredit                Kredit         yang Dibeli atau
                                                        Sepanjang             Sepanjang           Berasal dari
                                                        Umurnya -             Umurnya -          Aset Keuangan
                                       Kerugian        Kredit Tidak              Kredit        yang Memburuk/
                                        Kredit         Memburuk/             Memburuk/             Purchased
                                     Ekspektasian         Lifetime              Lifetime            or Credit
                                       12 Bulan/      ECL - No Credit        ECL - Credit           Impaired
                                    12 Months ECL        Impaired              Impaired         Financial Assets        Total

         Kredit yang diberikan
            yang diukur pada
            biaya perolehan
             yang diamortisasi                                                                                                        Loans at amortized cost
         0,00-0,10                      37.132.865          4.592.465                      -                   -        41.725.330    0.00-0.10
         0,11-0,40                         111.058          1.597.367              1.375.913                   -         3.084.338    0.11-0.40
         0,41-1,00                             287             86.828              2.630.703                   -         2.717.818    0.41-1.00

         Total                          37.244.210          6.276.660            4.006.616                     -        47.527.486    Total
         Cadangan kerugian kredit         (497.013)          (509.077)          (1.986.107)                    -        (2.992.197)   Loss allowance

         Nilai Tercatat                 36.747.197          5.767.583              2.020.509                   -        44.535.289    Carrying Amount



                                                              31 Desember/ December 31, 2023

                                                                                                    Kerugian
                                                                                                   Kredit atas
                                                         Kerugian              Kerugian          Aset Keuangan
                                                           Kredit                Kredit         yang Dibeli atau
                                                        Sepanjang             Sepanjang           Berasal dari
                                                        Umurnya -             Umurnya -          Aset Keuangan
                                       Kerugian        Kredit Tidak              Kredit        yang Memburuk/
                                        Kredit         Memburuk/             Memburuk/             Purchased
                                     Ekspektasian         Lifetime              Lifetime            or Credit
                                       12 Bulan/      ECL - No Credit        ECL - Credit           Impaired
                                    12 Months ECL        Impaired              Impaired         Financial Assets        Total

         Kredit yang diberikan
            yang diukur pada
            biaya perolehan
             yang diamortisasi                                                                                                        Loans at amortized cost
         0,00-0,10                      40.961.186                  -                 72.497                   -        41.033.683    0.00-0.10
         0,11-0,40                               -          3.940.382                 11.447                   -         3.951.829    0.11-0.40
         0,41-1,00                               -                  -              4.433.104                   -         4.433.104    0.41-1.00

         Total                          40.961.186          3.940.382              4.517.048                   -        49.418.616    Total

         Cadangan kerugian kredit         (908.096)          (498.218)          (2.176.520 )                   -        (3.582.834)   Loss allowance

         Nilai Tercatat                 40.053.090          3.442.164              2.340.528                   -        45.835.782    Carrying Amount




                                                                         - 203 -
Page 694
PT BANK KB BUKOPIN TBK                                                                               PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                             AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                       Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                  For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                        (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                               otherwise stated)
lain)


47. Analisa Kualitas Kredit (lanjutan)                                   47. Credit Quality Analysis (continued)
    Analisa    Sensitivitas  Kerugian    Kredit                                 Sensitivity Analysis of Expected Credit Loss for
    Ekspektasian Terhadap Kondisi Ekonomi Masa                                  Future Economic Conditions
    Depan
                                                                          Aset Keuangan
                                                                           yang Diukur
                                                                            pada Nilai
                                                                           Wajar melalui
                                                                           Penghasilan
                                                Aset Keuangan             Komprehensif
                                                 yang Diukur                   Lain/
             Rasio Kerugian Kredit                pada Biaya             Financial Assets
            Ekspektasian Terhadap                 Perolehan                Measured at
             Aset Keuangan Pada                  Diamortisasi/              Fair Value
              31 Desember 2024/                 Financial asset           Through Other
          ECL Ratio to Financial Assets          Measured at             Comprehensive
             at December 31, 2024               Amortized Cost               Income              Total

   Kerugian kredit ekspektasian
       yang dilaporkan                                  2.992.197                      -         2.992.197    Reported ECL
   Nilai tercatat bruto                                47.527.486                      -        47.527.486    Gross carrying amount

   Rasio kerugian kredit
     ekspektasian yang
     dilaporkan terhadap                                                                                      ECL ratio to gross
     nilai tercatat bruto                                  6,30%                       -            6,30%       carrying amount

                                                                          Aset Keuangan
                                                                           yang Diukur
                                                                            pada Nilai
                                                                           Wajar melalui
                                                                           Penghasilan
                                                Aset Keuangan             Komprehensif
                                                 yang Diukur                   Lain/
             Rasio Kerugian Kredit                pada Biaya             Financial Assets
            Ekspektasian Terhadap                 Perolehan                Measured at
             Aset Keuangan Pada                  Diamortisasi/              Fair Value
              31 Desember 2023/                 Financial asset           Through Other
          ECL Ratio to Financial Assets          Measured at             Comprehensive
             at December 31, 2023               Amortized Cost               Income              Total

   Kerugian kredit ekspektasian
       yang dilaporkan                                  3.582.834                      -         3.582.834    Reported ECL
   Nilai tercatat bruto                                49.418.616                      -        49.418.616    Gross carrying amount

   Rasio kerugian kredit
     ekspektasian yang
     dilaporkan terhadap                                                                                      ECL ratio to gross
     nilai tercatat bruto                                  7,25%                       -            7,25%       carrying amount

                                                2024        2025         2026        2027        2028

    Skenario Moderat                                                                                         Moderate Scenario
    Neraca Transaksi Berjalan (% PDB Tahunan)     6,72%       6,72%        6,72%       6,72%       6,72%     Current Account (% GDP Yearly)
    Tingkat Inflasi                               4,08%       4,75%        5,32%       5,80%       6,22%     Inflation Rate
    Anggaran Pemerintah (% PDB)                   9,61%       8,22%        7,08%       6,13%       5,35%     Fiscal Balance (% GDP)
    BI Rate                                       2,88%       2,17%        1,66%       1,29%       1,02%     BI Rate
    Index Keyakinan Konsumer                      1,71%       1,71%        1,71%       1,71%       1,71%     Consumer Confidence Index
    Pembentukan Modal Tetap Bruto                31,19%      31,23%       31,24%      31,24%      31,24%     Gross Fixed Capital Formation
    Belanja Pemerintah                            5,67%       4,83%        4,12%       3,52%       3,02%     Government Expenditure
    Index Harga Konsumen                          138,85      138,85       138,85      138,85      138,85    Consumer Price Index
    Produksi Industri                             3,25%       3,03%        2,83%       2,65%       2,47%     Industrial Production
    Harga Minyak                                   56,67       55,38        54,12       52,89       51,69    Oil Price
    Hutang Rumah Tangga                          17,06%      17,06%       17,06%      17,06%      17,06%     Household Debt
    Skenario Optimis                                                                                         Upside Scenario
    Neraca Transaksi Berjalan (% PDB Tahunan)   175,21%     195,09%      213,07%       6,72%       6,72%     Current Account (% GDP Yearly)
    Tingkat Inflasi                              -8,59%      -9,49%      -10,31%      -9,12%      -9,12%     Inflation Rate
    Anggaran Pemerintah (% PDB)                  64,31%      65,27%       65,68%       6,13%       5,35%     Fiscal Balance (% GDP)
    BI Rate                                      40,25%      40,22%       40,05%      -1,29%      -1,02%     BI Rate
    Index Keyakinan Konsumer                     14,40%      14,40%       14,40%       1,71%       1,71%     Consumer Confidence Index
    Pembentukan Modal Tetap Bruto               118,48%     118,52%      118,53%      31,24%      31,24%     Gross Fixed Capital Formation
    Belanja Pemerintah                           17,41%      17,13%       16,80%       3,52%       3,02%     Government Expenditure
    Index Harga Konsumen                           -7,39      -24,66       -40,26      138,85      138,85    Consumer Price Index
    Produksi Industri                            10,35%      10,73%       11,01%       2,65%       2,47%     Industrial Production
    Harga Minyak                                  150,17      158,76       166,13       52,89       51,69    Oil Price
    Hutang Rumah Tangga                          16,09%      15,98%       15,87%      17,06%      17,06%     Household Debt
    Skenario Pesimis                                                                                         Downside Scenario




                                                               - 204 -
Page 695
PT BANK KB BUKOPIN TBK                                                                                         PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                       AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                                 Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                            For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                                  (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                         otherwise stated)
lain)


47. Analisa Kualitas Kredit (lanjutan)                                            47. Credit Quality Analysis (continued)
    Analisa     Sensitivitas Kerugian    Kredit                                           Sensitivity Analysis of Expected Credit Loss for
    Ekspektasian Terhadap Kondisi Ekonomi Masa                                            Future Economic Conditions (continued)
    Depan (lanjutan)
                                                      2024          2025           2026           2027         2028

    Neraca Transaksi Berjalan (% PDB Tahunan)        -161,77%      -181,65%       -199,63%          6,72%        6,72%     Current Account (% GDP Yearly)
    Tingkat Inflasi                                     6,76%         7,67%          8,49%         -9,12%       -9,12%     Inflation Rate
    Anggaran Pemerintah (% PDB)                       -45,10%       -48,83%        -51,53%          6,13%        5,35%     Fiscal Balance (% GDP)
    BI Rate                                           -34,49%       -35,88%        -36,74%         -1,29%       -1,02%     BI Rate
    Index Keyakinan Konsumer                          -10,97%       -10,97%        -10,97%          1,71%        1,71%     Consumer Confidence Index
    Pembentukan Modal Tetap Bruto                     -56,10%       -56,05%        -56,05%         31,24%       31,24%     Gross Fixed Capital Formation
    Belanja Pemerintah                                 -6,06%        -7,47%         -8,56%          3,52%        3,02%     Government Expenditure
    Index Harga Konsumen                                285,09        302,36         317,96         138,85       138,85    Consumer Price Index
    Produksi Industri                                  -3,85%        -4,66%         -5,35%          2,65%        2,47%     Industrial Production
    Harga Minyak                                        -36,83        -48,00         -57,88          52,89        51,69    Oil Price
    Hutang Rumah Tangga                                18,03%        18,14%         18,24%         17,06%       17,06%     Household Debt



48. Rugi Per Saham                                                                  48. Loss Per Share

    Berikut adalah perhitungan rugi bersih per saham                                      The following presents the computations of basic
    dasar dan dilusian:                                                                   and diluted loss per share:
                                                             31 Desember/December 31, 2024

                                                  Rugi
                                            Tahun Berjalan
                                              yang Dapat               Rata-rata
                                             Diatribusikan            Tertimbang
                                            Kepada Pemilik          Jumlah Saham
                                             Entitas Induk/              Dasar/                    Rugi
                                                  Loss                 Weighted                per Saham
                                              for the year              Average               (Nilai Penuh)/
                                            Attributable to           Number of                    Loss
                                            Equity Holders          Ordinary Shares             per Share
                                           The Parent Entity         Outstanding              (Full Amount)

      Rugi per saham dasar/                                                                                           Basic/diluted
         dilusian                                 (6.328.359)       187.887.539.870                          (34)       loss per share


                                                             31 Desember/December 31, 2023

                                                  Rugi
                                            Tahun Berjalan
                                              yang Dapat               Rata-rata
                                             Diatribusikan            Tertimbang
                                            Kepada Pemilik          Jumlah Saham
                                             Entitas Induk/              Dasar/                    Rugi
                                                  Loss                 Weighted                per Saham
                                              for the year              Average               (Nilai Penuh)/
                                            Attributable to           Number of                    Loss
                                            Equity Holders          Ordinary Shares             per Share
                                           The Parent Entity         Outstanding              (Full Amount)

      Rugi per saham dasar/                                                                                           Basic/ diluted
         dilusian                                 (6.034.077)           98.277.584.070                       (61)       loss per share




49. Transaksi Non-Kas                                                               49. Non-Cash Transaction
                                                                 2024                      2023
     Keuntungan yang belum direalisasi
       atas surat-surat berharga                                                                     Unrealized gain from
       diukur pada nilai wajar melalui                                                                 fair value through other
       penghasilan komprehensif lain                                                                   comprehensive income
       setelah pajak tangguhan                                     (22.222)                    4.938   marketable securities - net
     Perubahan surplus (defisit)
       revaluasi aset                                             213.072                     (1.756) Revaluation surplus (deficit)
     Reklasifikasi aset tetap ke aset                                                                 Reclassification of fixed assets
       terbengkalai                                                     (715)                 22.395    to abandoned assets




                                                                        - 205 -
Page 696
PT BANK KB BUKOPIN TBK                                                                         PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                       AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                 Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                            For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                  (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                         otherwise stated)
lain)


50. Informasi Tambahan                                                  50. Additional Information

    Pada tanggal 31 Desember 2024 dan 2023,                                 As at December 31, 2024 and 2023, additional
    informasi tambahan untuk Bank sesuai Peraturan                          information regarding the Bank in accordance with
    Otoritas Jasa Keuangan diungkapkan pada Catatan                         Financial Services Authority Regulation are
    55n.                                                                    disclosed in Note 55n.

51. Aset dan Liabilitas Dalam Mata Uang Asing                           51. Assets and Liabililities in Foreign Currencies

    Saldo aset moneter dalam mata uang asing adalah                         The balances of monetary assets in foreign
    sebagai berikut:                                                        currencies are as follows :

                                                  2024                                     2023

                                    Mata Uang                               Mata Uang
                                      Asing                                   Asing
                                 (dalam ribuan)/         Ekuivalen       (dalam ribuan)/          Ekuivalen
                                     Foreign              Rupiah/            Foreign               Rupiah/
                                    Currency              Rupiah            Currency               Rupiah
                                  (in thousand)          Equivalent       (in thousand)           Equivalent

    ASET                                                                                                         ASSETS
    Kas:                                                                                                         Cash:
    Dolar Amerika Serikat                 1.443                21.845                560                 8.627   United States Dollar
    Dolar Singapura                         107                 1.260                 46                   540   Singapore Dollar
    Euro Eropa                               17                   280                112                 1.901   European Euro
    Dolar Australia                           2                    20                 19                   201   Australian Dollar
    Lain-lain (ekuivalen USD)             1.443                 1.056                102                 1.575   Others (USD equivalent)

    Sub-total                                                  24.461                                  12.844    Sub-total

                                                                                                                 Current accounts with
    Giro pada Bank Indonesia:                                                                                      Bank Indonesia:
    Dolar Amerika Serikat                 9.296              140.746               7.563              116.440    United States Dollar
                                                                                                                 Current accounts with
    Giro pada bank lain:                                                                                            other banks:
    Dolar Amerika Serikat                14.984              226.852               9.952              153.231    United States Dollar
    Dolar Singapura                       5.132               60.655               3.837               44.801    Singapore Dollar
    Yen Jepang                          387.127               41.171              16.550                1.804    Japanese Yen
    Poundsterling Inggris                   772               15.667                 358                7.018    Great Britain Poundsterling
    Dolar Australia                         873                9.164                 731                7.689    Australian Dollar
    Yuan Cina                             3.778                8.157               2.624                5.694    Chinese Yuan
    Euro Eropa                              459                7.760                 481                8.193    European Euro
    Won Korea                           124.437                1.436                 186                2.211    Korean Won
    Dolar Hong Kong                         417                  812               4.959                9.774    Hong Kong Dollar

    Sub-total                                                371.674                                  240.415    Sub-total

                                                                                                                 Placements with Bank
    Penempatan pada Bank                                                                                            Indonesia and other
      Indonesia dan bank lain:                                                                                      banks:
    Dolar Amerika Serikat                24.451              370.185              22.000              338.734    United States Dollar

    Surat-surat berharga:                                                                                        Marketable securities:
    Dolar Amerika Serikat               475.066             7.192.497            388.446             5.980.901   United States Dollar
    Yuan China                            1.007                 2.176              1.292                 2.803   Chinese Yuan

    Sub-total                                               7.194.673                                5.983.704   Sub-total

    Tagihan akseptasi:                                                                                           Acceptance receivables:
    Yuan Cina                            34.759                75.041              4.090                8.875    Chinese Yuan
    Dolar Amerika Serikat                   293                 4.434              6.644              102.298    United States Dollar

    Sub-total                                                  79.475                                 111.173    Sub-total

    Tagihan derivatif:                                                                                           Derivative receivables:
    Dolar Amerika Serikat                   796                12.054                197                 3.040   United States Dollar




                                                            - 206 -
Page 697
PT BANK KB BUKOPIN TBK                                                                         PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                       AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                 Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                            For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                  (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                         otherwise stated)
lain)


51. Aset dan Liabilitas Dalam Mata Uang Asing                           51. Assets and Liabililities in Foreign Currencies
    (lanjutan)                                                              (continued)
                                                  2024                                     2023

                                    Mata Uang                               Mata Uang
                                      Asing                                   Asing
                                 (dalam ribuan)/         Ekuivalen       (dalam ribuan)/          Ekuivalen
                                     Foreign              Rupiah/            Foreign               Rupiah/
                                    Currency              Rupiah            Currency               Rupiah
                                  (in thousand)          Equivalent       (in thousand)           Equivalent

    Kredit yang diberikan dan                                                                                    Loans and sharia
      pembiayaan/                                                                                                  financing/
      piutang syariah:                                                                                             receivables:
    Dolar Amerika Serikat               477.215             7.225.040            326.533             5.027.636   United States Dollar
    Euro Eropa                              127                 2.149                128                 2.185   European Euro

    Sub-total                                               7.227.189                                5.029.821   Sub-total

    Aset lain-lain:                                                                                              Other assets:
    Dolar Amerika Serikat                 3.470                52.543              1.282               19.719    United States Dollar

    Total aset                                             15.473.000                               11.855.890   Total assets



    Saldo liabilitas moneter dalam mata uang asing                         The balances of monetary liabilities in foreign
    adalah sebagai berikut:                                                currencies are as follows:

                                                  2024                                     2023

                                    Mata Uang                               Mata Uang
                                      Asing                                   Asing
                                 (dalam ribuan)/         Ekuivalen       (dalam ribuan)/          Ekuivalen
                                     Foreign              Rupiah/            Foreign               Rupiah/
                                    Currency              Rupiah            Currency               Rupiah
                                  (in thousand)          Equivalent       (in thousand)           Equivalent

                                                                                                                 Liabilities immediately
    Liabilitas segera:                                                                                              payable:
    Yen Jepang                          144.307                15.347              2.560                   279   Japanese Yen
    China Yuan                              724                 7.015                183                   398   Chinese Yuan
    Dolar Amerika Serikat                   594                 6.340                 96                 1.471   United States Dollar
    Dolar Singapura                         724                 1.563                  0                     3   Singapore Dollar
    Poundsterling Inggris                     -                     -                  8                   149   Great Britain Poundsterling
    Dolar Hongkong                            -                     -                197                   388   Hong Kong Dollar
    Euro Eropa                                -                     -                 20                   341   European Euro

    Sub-total                                                  30.265                                    3.029   Sub-total

    Liabilitas akseptasi:                                                                                        Acceptance liabilities:
    Yuan Cina                            34.759                75.041              4.090                8.875    Chinese Yuan
    Dolar Amerika Serikat                   293                 4.434              6.644              102.298    United States Dollar

    Sub-total                                                  79.475                                 111.173    Sub-total

    Giro:                                                                                                        Demand deposits:
    Dolar Amerika Serikat                52.837              795.206              27.138              417.845    United States Dollar
    Yen Jepang                          295.837               30.434             295.789               32.241    Japanese Yen
    Dolar Australia                          41                  405                  41                  432    Australian Dollar
    Euro Eropa                               17                  246                  15                  262    European Euro
    Dolar Singapura                          13                  216                  62                  722    Singapore Dollar
                                                                                                                 Great Britain
    Poundsterling Inggris                     2                   31                   2                   35       Poundsterling

    Sub-total                                                826.538                                  451.537    Sub-total

    Tabungan:                                                                                                    Saving deposits:
    Dolar Amerika Serikat                 5.350                80.993              3.369               51.876    United States Dollar
    Euro Eropa                               14                   237                 64                1.087    European Euro
    Dolar Australia                          31                   322                 27                  319    Australian Dollar
    Dolar Singapura                          20                   234                 18                  210    Singapore Dollar
    Yen Jepang                              931                    99              1.963                  214    Japanese Yen
    Poundsterling Inggris                     -                     7                  1                    7    Great Britain Poundsterling

    Sub-total                                                  81.892                                  53.713    Sub-total




                                                            - 207 -
Page 698
PT BANK KB BUKOPIN TBK                                                                         PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                       AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                 Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                            For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                  (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                         otherwise stated)
lain)


51. Aset dan Liabilitas Dalam Mata Uang Asing                           51. Assets and Liabililities in Foreign Currencies
    (lanjutan)                                                              (continued)
                                                  2024                                     2023

                                    Mata Uang                               Mata Uang
                                      Asing                                   Asing
                                 (dalam ribuan)/         Ekuivalen       (dalam ribuan)/          Ekuivalen
                                     Foreign              Rupiah/            Foreign               Rupiah/
                                    Currency              Rupiah            Currency               Rupiah
                                  (in thousand)          Equivalent       (in thousand)           Equivalent

    Deposito berjangka:                                                                                            Time deposits:
    Dolar Amerika Serikat               191.558             2.900.193            226.658             3.489.847     United States Dollar
    Euro Eropa                              138                 2.337                139                 2.376     European Euro
    Dolar Australia                          76                   801                 80                   842     Australian Dollar
    Dolar Singapura                          59                   693                 54                   635     Singapore Dollar

    Sub-total                                               2.904.024                                3.493.700     Sub-total

                                                                                                                   Deposit from other
    Simpanan dari bank lain:                                                                                         banks:
    Dolar Amerika Serikat               179.113             2.671.770            500.000             7.698.500     United States Dollar
    Pinjaman yang diterima:                                                                                        Borrowings:
    Dolar Amerika Serikat               317.776             4.811.138             81.249             1.251.005     United States Dollar
    Liabilitas derivatif:                                                                                          Derivative payables:
    Dolar Amerika Serikat                   240                 3.641                 53                  808      United States Dollar
    Surat berharga yang                                                                                            Marketable
      diterbitkan:                                                                                                   Securities issued:
    Dolar Amerika Serikat               300.000             4.828.500                      -                   -   United States Dollar

    Liabilitas lain-lain:                                                                                          Other liabilities:
    Dolar Amerika Serikat                  9.863             149.323               2.034               31.320      United States Dollar
    Euro Eropa                                 -                   -                   0                    1      European Euro
    Yuan Cina                                 44                  94                   0                    7      Chinese Yuan

                                                             149.417                                   31.328

    Total liabilitas                                       16.386.660                               13.094.793     Total liabilities




52. Pernyataan  Standar Akuntansi Keuangan                            52. Issued and revised Statements of Financial
    (PSAK) dan Interpretasi Standar Akuntansi                             Accounting Standards (SFAS) and Interpretation
    Keuangan (PSAK) yang dikeluarkan dan direvisi                         Of Financial Accounting Standards (SFAS)
    Perubahan   Pernyataan       Standar      Akuntansi                   Changes to the Statements of Financial Accounting
    Keuangan (PSAK)                                                       Standards (SFAS)

    Diterapkan pada tahun 2025                                            Adopted in 2025
    Pada    tanggal     otorisasi laporan  keuangan                       At the date of authorization of these consolidated
    konsolidasian ini, amendemen terhadap PSAK yang                       financial statements, the following amendments to
    relevan dengan Grup telah diterbitkan, namun                          SFAS relevant to the Group were issued but not
    belum berlaku secara efektif:                                         effective :
     -   Amendemen PSAK No. 117, “Kontrak                                  -   Amendment to SFAS No. 117, “Insurance
         Asuransi”                                                             Contracts”
     -   Amendemen PSAK No. 221, “Pengaruh                                 -   Amendment to SFAS No. 221, “The Effects of
         Perubahan Kurs Valuta Asing”                                          Changes in Foreign Exchange Rates”
    Sampai dengan tanggal otorisasi atas laporan                          As at the authorisation date of these consolidated
    keuangan konsolidasian, Grup masih mempelajari                        financial statements, the Group is still evaluating the
    dampak yang mungkin timbul dari penerapan                             potential impact from the implementation of these
    standar baru dan dampaknya terhadap laporan                           new standards and the effect on the Group’s
    keuangan konsolidasian Grup.                                          consolidated financial statements.




                                                            - 208 -
Page 699
PT BANK KB BUKOPIN TBK                                                                                PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                              AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                        Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                   For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                         (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                otherwise stated)
lain)


53. Informasi Tambahan Arus Kas                                              53. Additional Information on Cash Flow

    Rekonsiliasi liabilitas yang timbul dari aktivitas                            Reconciliation of liabilities that arising from financing
    pendanaan adalah sebagai berikut:                                             activities is as follows:
                                                                             Perubahan Non Kas/
                                                                             Non Cash Changes

                                                                                          Pergerakan
                                                                        Amortisasi         Kurs Mata
                                                                       Biaya Emisi/       Uang Asing/
                                      1 Januari/                       Amortization         Foreign      31 Desember/
                                      January 1     Arus Kas/          of Issuance         Exchange      Desember 31,
                                         2024       Cash flows             Cost          Rate Movement       2024

    Obligasi subordinasi                2.403.404      2.389.662               1.596                         4.794.662   Subordinated bonds
    Pinjaman yang diterima             11.704.492      2.200.277              15.875                -       13.920.644   Borrowings
    Surat berharga yang                                                                                                  Marketable securities sold
       dijual dengan janji                                                                                                  with agreements
       dibeli kembali                     219.631      3.520.247                   -                -        3.739.878      to repurchase
    Surat berharga yang diterbitkan       994.184              -               1.312                           995.496   Marketable securities issued

    Total                              15.321.711      8.110.186              18.783                -       23.450.680   Total



                                                                             Perubahan Non Kas/
                                                                             Non Cash Changes

                                                                                          Pergerakan
                                                                        Amortisasi         Kurs Mata
                                                                       Biaya Emisi/       Uang Asing/
                                      1 Januari/                       Amortization         Foreign      31 Desember/
                                      January 1     Arus Kas/          of Issuance         Exchange      Desember 31,
                                         2023       Cash flows             Cost          Rate Movement       2023

    Obligasi subordinasi                2.400.329              -               3.075                -        2.403.404   Subordinated bonds
    Pinjaman yang diterima             11.200.131        504.361                   -                -       11.704.492   Borrowings
    Surat berharga yang                                                                                                  Marketable securities sold
       dijual dengan janji                                                                                                  with agreements
       dibeli kembali                           -        219.631                   -                -          219.631      to repurchase
    Surat berharga yang diterbitkan       992.389              -               1.795                -          994.184   Marketable securities issued

    Total                              14.592.849        723.992               4.870                -       15.321.711      Total




54. Informasi Keuangan Tersendiri Bank                                       54. Financial Information of The Bank

    Bank menerbitkan laporan keuangan konsolidasian                              The Bank published the consolidated financial
    yang merupakan laporan keuangan utama,                                       statements as its primary financial statements. The
    informasi keuangan tambahan PT Bank KB Bukopin                               supplementary financial statements of PT Bank KB
    Tbk (Entitas Induk) ini, dimana investasi pada                               Bukopin Tbk (Parent Entity) which account for
    Entitas Anak dicatat dengan metode harga                                     investment in Subsidiaries using the cost method,
    perolehan, disajikan untuk menganalisa hasil usaha                           and have been prepared in order that the parent
    entitas induk saja. Informasi keuangan tambahan                              entity’s result of operations can be analyzed. The
    PT Bank KB Bukopin Tbk (Entitas Induk) berikut ini                           supplementary financial information of PT Bank KB
    (Lampiran I - Lampiran V) harus dibaca bersamaan                             Bukopin Tbk (Parent Entity) (Attachment I -
    dengan      laporan     keuangan     konsolidasian                           Attachment V) should be read in conjunction with
    PT Bank KB Bukopin Tbk dan Entitas Anak.                                     the consolidated financial statements of PT Bank KB
                                                                                 Bukopin Tbk and Subsidiaries.


55. Informasi Tambahan yang Tidak Dipersyaratkan                             55. Additional Information that is Not Required by
    oleh Standar Akuntansi Indonesia                                             Indonesian Accounting Standards

    Informasi tambahan berikut yang disajikan dibawah                             The following additional information presented below
    ini merupakan informasi yang disyaratkan oleh                                 is information required by applicable regulations and
    regulasi yang berlaku dan bukan/tidak merupakan                               not mandated by Indonesian Accounting Standards:
    informasi yang dipersyaratkan oleh Standar
    Akuntansi Indonesia:
    a.      Giro Pada Bank Indonesia                                             a. Current Accounts With Bank Indonesia

            Bank dipersyaratkan untuk memiliki Giro Wajib                              The Bank is required to maintain Minimum
            Minimum dalam mata uang Rupiah dan mata                                    Statutory Reserves in Rupiah and in foreign
            uang asing.                                                                currency.




                                                                   - 209 -
Page 700
PT BANK KB BUKOPIN TBK                                                                     PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                             Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                        For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                              (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                     otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                   55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                        Indonesian Accounting Standards (continued)
    a.   Giro Pada Bank Indonesia (lanjutan)                          a. Current Accounts       With   Bank     Indonesia
                                                                         (continued)

         Rasio Giro Wajib Minimum Bank pada tanggal                      As at December 31, 2024 and 2023, the
         31 Desember 2024 dan 2023, adalah sebagai                       Minimum Statutory Reserves ratios of Bank are
         berikut:                                                        as follows:

                                                  2024                 2023

         Bank Umum Konvensional                                                   Conventional Banking
         Rupiah                                                                   Rupiah
            Giro Wajib Minimum Harian                 5,85%               7,05%     Daily Minimum Statutory Reserves
            Giro Wajib Minimum Rata-Rata              8,74%               7,37%     Average Minimum Statutory Reserves
         Mata Uang Asing                                                          Foreign currency
            Giro Wajib Minimum Harian                 3,99%               4,02%     Daily Minimum Statutory Reserves
             Giro Wajib Minimum Rata-rata             4,02%               4,02%     Average Minimum Statutory Reserves
            Penyangga Likuiditas                                                    Macroprudential Liquidity
                Makroprudensial                       28,82%             35,08%        Reserve
         Bank Umum Syariah                                                        Sharia Commercial Banking
             Giro Wajib Minimum Harian                   0%                  0%     Penyangga Likuiditas Reserves
             Giro Wajib Minimum Rata-rata             8,51%               8,21%     Average Minimum Statutory Reserves

         Pada 31 Desember 2024, Giro Wajib Minimum                        As at December 31, 2024, the Bank’s Minimum
         (GWM) Bank telah sesuai dengan Peraturan                         Statutory Reserve (GWM) complies Board of
         Anggota Dewan Gubernur No. 12 Tahun 2023                         Governors Member Regulation No. 12 of 2023
         tanggal 1 Oktober 2023 tentang Perubahan                         dated October 1, 2023 concerning the Second
         Kedua atas Peraturan Anggota Dewan                               Amendment to the Regulation on Members of
         Gubernur No. 24/8/PADG/2022 tanggal 30 Juni                      the Board of Governors No. 24/8/PADG/2022
         2022 yang ditetapkan sebesar 9%. GWM rata-                       dated June 30, 2022 which was set at 9%. The
         rata Bank pada tanggal 31 Desember 2024                          Bank's average Minimum Statutory Reserves
         adalah sebesar 8,74%. Bank memperoleh                            on December 31, 2024 was 8.74%. The Bank
         insentif rata-rata GWM dari Bank Indonesia                       obtains an average GWM incentive from Bank
         sebesar 0,30% periode 1 Desember 2024                            Indonesia of 0.30% for the period December 1,
         sampai dengan 31 Desember 2024.                                  2024 to December 31, 2024.

         Pada 31 Desember 2023, Giro Wajib Minimum                        As at December 31, 2023, the Bank’s Minimum
         (GWM) Bank telah sesuai dengan Peraturan                         Statutory Reserve (GWM) complies Board of
         Anggota Dewan Gubernur No. 12 Tahun 2023                         Governors Member Regulation No. 12 of 2023
         tanggal 1 Oktober 2023 tentang Perubahan                         dated October 1, 2023 concerning the Second
         Kedua atas Peraturan Anggota Dewan                               Amendment to the Regulation on Members of
         Gubernur No. 24/8/PADG/2022 tanggal 30 Juni                      the Board of Governors No. 24/8/PADG/2022
         2022 yang ditetapkan sebesar 9%. GWM rata-                       dated June 30, 2022 which was set at 9%. The
         rata Bank pada tanggal 31 Desember 2023                          Bank's average Minimum Statutory Reserves
         adalah sebesar 7,37%. Bank memperoleh                            on December 31, 2023 was 7.37%. The Bank
         insentif rata-rata GWM dari Bank Indonesia                       obtains an average GWM incentive from Bank
         sebesar 1,70% periode 1 Desember 2023                            Indonesia of 1.70% for the period December 1,
         sampai dengan 29 Februari 2024.                                  2023 to February 29, 2024.

         Pemenuhan rasio-rasio tersebut          di   atas                Fulfillment of the above ratios is determined as
         ditentukan sebagai berikut:                                      follows:
                                                  2024                 2023

         Bank Umum Konvensional                                                 Conventional Banking
         Rupiah:                                                                Rupiah:
           Giro wajib minimum secara harian           0,00%               0,00%   Daily Minimum Statutory Reserves
           Giro wajib minimum secara rata-rata        9,00%               9,00%   Average Minimum Statutory Reserves
         Valuta Asing:                                                          Foreign currency:
           Giro wajib minimum secara harian           2,00%               2,00%   Daily Minimum Statutory Reserves




                                                         - 210 -
Page 701
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                     Indonesian Accounting Standards (continued)
    a.   Giro Pada Bank Indonesia (lanjutan)                       a. Current Accounts      With    Bank    Indonesia
                                                                      (continued)
                                               2024                 2023

         Giro wajib minimum secara rata-rata      2,00%                2,00% Average Minimum Statutory Reserves
         Penyangga Likuiditas                                                Macroprudential Liquidity
           Makroprudensial                        5,00%                5,00%   Reserve
         Bank Umum Syariah                                                   Sharia Commercial Banking
         Rupiah:                                                             Rupiah:
           Giro wajib minimum                     7,50%                7,50%   Daily Minimum Statutory Reserves
         Valuta Asing:                                                       Foreign currency:
           Giro wajib minimum                     0,00%                0,00%   Daily Minimum Statutory Reserves

         PADG        No.   21/22/PADG/2019       telah                 PADG No. 21/22/PADG/2019 is amended with
         diamendemen dengan PADG No. 23/7/PADG/                        PADG No. 23/7/PADG/2021 on April 26, 2021
         2021 tanggal 26 April 2021 tentang Perubahan                  concerning The Third Amendment of PADG
         Ketiga atas PADG No.21/22/PADG/2019                           No. 21/22/PADG/2019 concerning RIM and
         tentang Rasio RIM dan PLM bagi Bank Umum                      PLM Ratio for Commercial Conventional Banks,
         Konvensional, Bank Umum Syariah dan Unit                      Sharia Banks and Business Units Sharia.
         Usaha Syariah. Berdasarkan amendemen                          Based on the amendments, there are
         tersebut terdapat penyesuaian Parameter                       adjustments to the Lower Disincentive
         Disinsentif Bawah dan Parameter Disinsentif                   Parameters and the Upper Disincentive
         Atas yang digunakan dalam pemenuhan rasio                     Parameters used in the fulfillment of GWM RIM
         GWM RIM.                                                      ratio.

         Penyangga Likuiditas Makroprudensial (PLM)                    Macroprudential Liquidity Reserve (PLM) is the
         adalah cadangan likuiditas minimum yang wajib                 minimum liquidity reserves that should be
         dipelihara oleh Bank berupa Sertifikat Bank                   maintained by the Bank, in form of Certificates
         Indonesia (SBI), Sertifikat Deposito Bank                     of Bank Indonesia (SBI), Certificate of Bank
         Indonesia (SDBI), Surat Berharga Negara                       Indonesia Deposit (SDBI), Treasury Bills (SBN),
         (SBN) yang besarnya ditetapkan oleh Bank                      which is determined by Bank Indonesia
         Indonesia sebesar persentase tertentu dari                    percentage of Third Party Funds (DPK).
         Dana Pihak Ketiga (DPK) Bank. Rasio                           Macroprudential Intermediation Ratio (RIM) is
         Intermediasi Makroprudensial (RIM) adalah                     the minimum statutory reserve that should be
         simpanan minimum yang wajib dipelihara oleh                   maintained by the Bank in the form of Current
         Bank dalam bentuk saldo Rekening Giro pada                    Account with Bank Indonesia at a certain
         Bank Indonesia sebesar persentase tertentu                    percentage of third party fund calculated based
         dari DPK yang dihitung berdasarkan selisih                    on the difference between the Bank’s RIM and
         antara RIM yang dimiliki oleh Bank dan RIM                    the targeted RIM. Based on PADG No.
         Target.      Berdasarkan       PADG      No.                  24/14/PADG/ 2022 dated October 31, 2022, the
         24/14/PADG/2022 tanggal 31 Oktober 2022,                      Lower Disincentive Parameter of the lower limit
         Parameter Disinsentif Bawah dari batas bawah                  of RIM targeted is 84% and the Upper
         Target RIM sebesar 84% dan Parameter                          Disincentive Parameter of the upper limit of
         Disinsentif Atas dari batas atas Target RIM                   RIM targeted is 94% in the fulfillment of RIM
         sebesar 94% dalam pemenuhan Giro RIM                          Current Account, which is 0 (zero).
         adalah sebesar 0 (nol).

         RIM adalah rasio hasil perbandingan antara:                   RIM is the ratio of comparison between:
         a. Kredit yang diberikan kepada pihak ketiga                  a. Loans to third parties in Rupiah and foreign
            dalam Rupiah dan valuta asing.                                currencies.
         b. Surat berharga korporasi dalam Rupiah                      b. Corporate securities in Rupiah and foreign
            dan valuta asing yang memenuhi                                currencies owned by the Bank that meet
            persyaratan tertentu yang dimiliki Bank.                      certain requirement.
         c. DPK Bank dalam bentuk giro, tabungan                       c. The Bank’s TPF in the form of demand
            dan simpanan berjangka/deposito dalam                         deposits, savings deposits and time
            Rupiah dan valuta asing, tidak termasuk                       deposits/deposits in Rupiah and foreign
            dana antar Bank; dan                                          currencies, excluding interbank funds; and
         d. Surat berharga dalam Rupiah dan valuta                     d. Marketable securities in Rupiah and foreign
            asing yang memenuhi persyaratan tertentu                      currencies that meet certain requirements,
            yang diterbitkan oleh Bank untuk                              issued by the Bank for funding sources.
            memperoleh sumber pendanaan.




                                                      - 211 -
Page 702
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                 55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                      Indonesian Accounting Standards (continued)

    a.   Giro Pada Bank Indonesia (lanjutan)                        a. Current Accounts        With   Bank   Indonesia
                                                                       (continued)

         Pada tanggal 31 Desember 2024 dan 2023,                       As at December 31, 2024 and 2023, Minimum
         persentase GWM untuk Bank Umum Syariah                        Statutory Reserves percentage for Sharia
         dalam Rupiah masing-masing sebesar 8,51%                      Commercial Banking in Rupiah currency are
         dan 8,21%.                                                    8.51% and 8.21%, respectively.

         Pada tanggal 31 Desember 2024 dan 2023,                       As at December 31, 2024 and 2023, the Group
         Grup telah memenuhi ketentuan BI mengenai                     has complied with BI regulation on the Minimum
         GWM.                                                          Statutory Reserves.

         Pengungkapan lebih lanjut giro pada Bank                      The further disclosures on current accounts with
         Indonesia diungkapkan pada Catatan 4.                         Bank Indonesia are presented in Note 4.

    b.   Giro Pada Bank Lain                                        b. Current Accounts With Other Bank

         Pada tanggal 31 Desember 2024 dan 2023,                       All current accounts with other banks are
         semua giro pada Bank lain diklasifikasikan                    classified as current as at December 31, 2024
         lancar.                                                       and 2023.

         Pengungkapan lebih lanjut giro pada Bank lain                 The further disclosures on current accounts with
         diungkapkan pada Catatan 5.                                   other Bank are presented in Note 5.

    c.   Penempatan pada Bank Indonesia dan Bank                    c. Placements with Bank Indonesia and Other
         Lain                                                          Banks

         Pada tanggal 31 Desember 2024 dan 2023,                       As at December 31, 2024 dan 2023, all
         semua penempatan pada Bank Indonesia dan                      placements with Bank Indonesia and other banks
         bank lain diklasifikasikan lancar.                            are classified as current.

         Pengungkapan lebih lanjut penempatan pada                     The further disclosures on placements with Bank
         Bank Indonesia dan bank lain diungkapkan                      Indonesia and other banks are presented in
         pada Catatan 6.                                               Note 6.

    d.   Surat-Surat Berharga                                       d. Marketable Securities

         Pada tanggal 31 Desember 2024 dan 2023,                       As at December 31, 2024 and 2023, all
         semua surat berharga yang dimiliki oleh Bank                  marketable securities held by the Bank are
         diklasifikasikan lancar.                                      classified as current.

         Pengungkapan lebih lanjut penempatan pada                     The further disclosures on Marketable Securities
         Surat-surat berharga diungkapkan pada                         are presented in Note 7.
         Catatan 7.
    e.   Surat Berharga yang Dibeli dengan Janji                    e. Marketable   Securities        Purchased    with
         Dijual Kembali                                                Agreement to Resell

         Pada tanggal 31 Desember 2023, semua Surat                    As at December 31, 2023, all Marketable
         Berharga yang Dibeli dengan Janji Dijual                      Securities Purchased with Agreement to Resell
         Kembali yang dimiliki oleh Bank diklasifikasikan              held by the Bank are classified as current.
         lancar.

         Pengungkapan lebih lanjut penempatan pada                     The further disclosures on Marketable Securities
         Surat-surat berharga diungkapkan pada                         are presented in Note 8.
         Catatan 8.




                                                       - 212 -
Page 703
PT BANK KB BUKOPIN TBK                                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                 otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                              55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                                   Indonesian Accounting Standards (continued)
    f.   Kredit yang Diberikan dan Pembiayaan/                                    f. Loans and Sharia Financing/Receivables
         Piutang Syariah

         Berdasarkan mata uang, jenis,                          dan                    By Financial Service Authority Regulation
         kolektibilitas sesuai peraturan OJK                                           currency, type, and collectability

                                                                 31 Desember/December 31, 2024

                                             Dalam
                                           Perhatian
                                           Khusus/            Kurang
                             Lancar/        Special           Lancar/         Diragukan/         Macet/
                             Current        Mention         Substandard        Doubtful          Loss           Total

         Rupiah:                                                                                                                 Rupiah:
         Modal kerja          8.586.568      1.342.083            24.387           123.647        1.261.388     11.338.073       Working capital
         Investasi            8.951.563        649.760           107.337            95.849          790.115     10.594.624       Investment
         Konsumsi            12.644.879        358.749            51.219            85.861        1.575.387     14.716.095       Consumer
         Sindikasi            3.534.954              -                 -                 -                -      3.534.954       Syndicated
         Program
           Pemerintah            79.900            577                    -            964            4.802         86.243       Government program
         Direksi dan                                                                                                             Directors and
            karyawan             30.272                 -             36                   -               -        30.308          employees

         Total Rupiah        33.828.136      2.351.169           182.979           306.321        3.631.692     40.300.297   Total Rupiah
         Cadangan kerugian                                                                                                   Allowance for
          penurunan nilai      (519.858)      (291.896)          (121.716)        (103.485)       (1.854.587)    (2.891.542) impairment losses

         Neto                33.308.278      2.059.273            61.263           202.836        1.777.105     37.408.755       Net

         Mata uang asing:                                                                                                        Foreign currencies:
         Sindikasi            3.899.983              -                    -                -              -       3.899.983      Syndicated
         Modal kerja          2.491.788              -                    -                -         14.514       2.506.302      Working capital
         Investasi              688.171        130.584                    -                -              -         818.755      Investment
         Konsumsi                 2.149              -                    -                -              -           2.149      Consumer

         Total mata uang
          asing               7.082.091        130.584                    -                -         14.514       7.227.189  Total foreign currencies
         Cadangan kerugian                                                                                                   Allowance for
          penurunan nilai       (64.040)       (32.873)                   -                -          (3.742)      (100.655) impairment losses

         Neto                 7.018.051         97.711                    -                -         10.772       7.126.534      Net

         Total               40.326.329      2.156.984            61.263           202.836        1.787.877     44.535.289       Total




                                                                 31 Desember/December 31, 2023

                                             Dalam
                                           Perhatian
                                           Khusus/            Kurang
                             Lancar/        Special           Lancar/         Diragukan/         Macet/
                             Current        Mention         Substandard        Doubtful          Loss           Total

         Rupiah:                                                                                                                 Rupiah:
         Modal kerja         11.782.320      2.779.708            86.297            27.551        1.385.015     16.060.891       Working capital
         Investasi           10.870.969        955.853            45.904            15.666        1.036.580     12.924.972       Investment
         Konsumsi            10.463.188        444.933            76.048           117.965        1.702.127     12.804.261       Consumer
         Sindikasi            2.472.304              -                 -                 -                -      2.472.304       Syndicated
         Program
           Pemerintah            98.757          1.035                    -          1.306            4.044        105.142       Government program
         Direksi dan                                                                                                             Directors and
           karyawan              21.183                42                 -                -               -            21.225      employees

         Total Rupiah        35.708.721      4.181.571           208.249           162.488        4.127.766     44.388.795       Total Rupiah
         Cadangan kerugian                                                                                                       Allowance for
          penurunan nilai      (540.160)      (770.505)           (68.858)         (60.255)       (2.074.884)    (3.514.662)         impairment losses

         Neto                35.168.561      3.411.066           139.391           102.233        2.052.882     40.874.133       Net

         Mata uang asing:                                                                                                        Foreign currencies:
         Sindikasi            2.693.586                 -                 -                -              -       2.693.586      Syndicated
         Modal kerja          2.085.311                 -                 -                -         13.821       2.099.132      Working capital
         Investasi              234.918                 -                 -                -              -         234.918      Investment
         Konsumsi                 2.185                 -                 -                -              -           2.185      Consumer

         Total mata uang
          asing               5.016.000                 -                 -                -         13.821       5.029.821      Total foreign currencies
         Cadangan kerugian                                                                                                       Allowance for
          penurunan nilai       (64.311)                -                 -                -          (3.861)       (68.172)         impairment losses

         Neto                 4.951.689                 -                 -                -          9.960       4.961.649      Net

         Total               40.120.250      3.411.066           139.391           102.233        2.062.842     45.835.782       Total




                                                                   - 213 -
Page 704
PT BANK KB BUKOPIN TBK                                                                      PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                    AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                              Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                         For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                               (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                      otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                    55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                         Indonesian Accounting Standards (continued)
    f.   Kredit yang Diberikan dan Pembiayaan/                         f. Loans and        Sharia      Financing/Receivables
         Piutang Syariah (lanjutan)                                       (continued)

         Kredit yang bermasalah                                           Non-performing loans

         Pada tanggal 31 Desember 2024, rasio kredit                      As at December 31, 2024, the ratios of
         bermasalah - kotor dan neto konsolidasian                        consolidated non-performing loans - gross and
         berdasarkan   peraturan   Bank    Indonesia                      net based on Bank Indonesia regulation are
         masing-masing adalah 8,70% dan 4,32%                             8.70% and 4.32%, respectively (December 31,
         (31 Desember 2023: 9,13% dan 4,73%).                             2023: 9.13% and 4.73%).

         Pada tanggal 31 Desember 2024 dan 2023,                          As of December 31, 2024 and 2023, loans to the
         pinjaman direksi dan karyawan Bank tersebut                      Bank’s director and employees are classified as
         digolongkan lancar.                                              current
                                                   2024                 2023

         Perdagangan                                 641.356              766.889   Trading
         Jasa                                        570.542              375.049   Business service
         Konstruksi                                  253.613              217.404   Construction
         Pertanian                                   191.550               24.543   Agriculture
         Manufaktur                                  164.403               73.779   Manufacturing
         Transportasi                                222.158              309.927   Transportation
         Tenaga listrik                              116.682               13.801   Power supply
         Pertambangan                                 15.894              857.866   Mining
         Lain-lain                                 1.959.308            1.873.067   Others

         Total                                     4.135.506             4.512.325 Total
         Cadangan kerugian                                                          Allowance for
            penurunan nilai                        (2.083.530)          (2.207.858)    impairment losses

         Neto                                      2.051.976            2.304.467 Net


         Kredit yang direstrukturisasi                                    Restructured loans
         Kredit yang telah direstrukturisasi pada                          Restructured loans as at December 31, 2024
         tanggal 31 Desember 2024 dan 2023, masing-                        and 2023, amounted to Rp8,739,056 and
         masing       sebesar       Rp8.739.055         dan                Rp16,719,394, respectively. The terms of
         Rp16.719.394.        Restrukturisasi      tersebut                restructuring consist of extension of payment
         dilakukan dengan cara perpanjangan masa                           maturity dates and modification of interest rate.
         pelunasan kredit dan perubahan persentase                         The allowance for impairment losses for
         tingkat bunga. Cadangan kerugian penurunan                        restructured loans amounted to Rp1,255,342
         nilai untuk kredit yang direstrukturisasi masing-                 and Rp2,128,504, December 31, 2024 and
         masing       sebesar       Rp1.255.342         dan                2023, respectively.
         Rp2.128.504, pada tanggal 31 Desember 2024
         dan 2023.
         Rincian kredit yang telah direstrukturisasi per                   Detail of restructured loans as at December 31,
         31 Desember 2024 dan 2023, adalah sebagai                         2024 and 2023, are as follow:
         berikut:
                                                   2024                 2023

         Lancar                                    4.455.620           10.349.584   Current
         Dalam perhatian khusus                    1.972.466            3.637.518   Special mention
         Kurang lancar                               123.852               62.612   Substandard
         Diragukan                                   198.909               40.314   Doubtful
         Macet                                     1.988.209            2.629.366   Loss

         Total                                     8.739.056           16.719.394 Total


         Pengungkapan lebih lanjut pada Kredit yang                        The further disclosures on Loans and Sharia
         Diberikan dan Pembiayaan/Piutang Syariah                          Financing/Receivables are presented in Note 9.
         diungkapkan pada Catatan 9.


                                                          - 214 -
Page 705
PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                          Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                     For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                           (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                  otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                     Indonesian Accounting Standards (continued)
    g.   Tagihan Dan Liabilitas Akseptasi                          g.     Acceptances Receivable And Payable

         Pada tanggal 31 Desember 2024 dan 2023,                          All Acceptances Receivable and Payable are
         semua Tagihan dan Liabilitas Akseptasi                           classified as current as at December 31, 2024
         diklasifikasikan lancar.                                         and 2023.

         Pengungkapan lebih lanjut pada Tagihan dan                       The further disclosures on Acceptances
         Liabilitas  Akseptasi   diungkapkan   pada                       Receivable and Payable are presented in
         Catatan 10.                                                      Note 10.

    h.   Tagihan dan Liabilitas Derivatif                          h.     Derivative Receivable and Payable

         Seluruh tagihan dan liabilitas derivatif pada                    All Derivative Receivable and Payable as of
         tanggal 31 Desember 2024 dan 2023                                December 31, 2024 and 2023 are classified as
         diklasifikasikan lancar.                                         current.

         Kontrak-kontrak untuk posisi 31 Desember                         The contracts as at December 31, 2024 and
         2024 dan 2023, jatuh tempo masing-masing                         2023, are due on January 2 - January 23, 2025
         pada tanggal 2 Januari - 23 Januari 2025 dan                     and January 2 - February 2, 2024, respectively.
         2 Januari - 2 Februari 2024.

         Pengungkapan lebih lanjut pada Tagihan Dan                       The further disclosures on Derivative Receivable
         Liabilitas  Derivatif  diungkapkan    pada                       And Payable are presented in Note 11.
         Catatan 11.

    i.   Aset Lain-lain                                            i.     Other Assets

         Pada tanggal 31 Desember 2024 dan 2023,                          As of December 31, 2024 and 2023, foreclosed
         agunan yang diambil alih berdasarkan                             assets based on collectibility are as follows:
         kolektibilitas adalah sebagai berikut:
                                               2024                     2023

         Lancar                                  349.034                    2.156   Current
         Kurang lancar                            81.848                  910.081   Substandard
         Diragukan                             1.517.085                1.317.548   Doubtful
         Macet                                   753.463                  505.343   Loss

         Saldo akhir tahun                     2.701.430                2.735.128 Ending balance
         Cadangan kerugian
           penurunan nilai                      (901.535)                (231.669) Allowance for impaiment losses

         Neto                                  1.799.895                2.503.459 Net


         Manajemen berpendapat bahwa nilai tercatat                        Management believes that the carrying value of
         agunan yang diambil alih merupakan nilai neto                     foreclosed assets represents their net realizable
         yang dapat direalisasi.                                           values.

         Pengungkapan lebih lanjut pada Aset lain-lain                    The further disclosures on Other assets are
         diungkapkan pada Catatan 15.                                     presented in Note 15.

    j.   Surat Berharga yang Diterbitkan                           j.     Marketable Securities Issued

         Untuk keperluan perhitungan rasio Kewajiban                       For the purpose of calculating the Capital
         Penyediaan Modal Minimum (KPMM), Obligasi                         Adequacy Ratio (CAR), the Subordinated Bond
         Subordinasi Berkelanjutan II diperhitungkan                       II is included as supplementary capital after the
         sebagai modal pelengkap setelah Bank                              Bank received approval letter from Financial
         menerima surat persetujuan dari Otoritas Jasa                     Services Authority No. S-56/PB.31/2015 dated
         Keuangan No. S-56/PB.31/2015 tanggal 7 Juli                       July 7, 2015 and from Bank Indonesia No. 14/
         2015 dan dari Bank Indonesia No. 14/24/DPB1/                      24/DPB1/TPB1-4 dated March 14, 2012.
         TPB1-4 tanggal 14 Maret 2012.




                                                      - 215 -
Page 706
PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                  AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                            Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                       For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                             (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                    otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                  55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                       Indonesian Accounting Standards (continued)

    j.   Surat Berharga yang Diterbitkan (lanjutan)                  j.   Marketable Securities Issued (continued)

         Untuk keperluan perhitungan rasio Kewajiban                      For the purpose of calculating the Capital
         Penyediaan Modal Minimum (KPMM), Obligasi                        Adequacy Ratio (CAR), the Subordinated Bond
         Subordinasi Berkelanjutan III diperhitungkan                     III is included as supplementary capital after the
         sebagai modal pelengkap setelah Bank                             Bank received approval letter from Financial
         menerima surat persetujuan dari Otoritas Jasa                    Services Authority No. S-212/PB.31/2021 dated
         Keuangan No. S-212/PB.31/2021 tanggal                            October 4, 2021.
         4 Oktober 2021.

         Pengungkapan lebih lanjut pada Surat                             The further disclosures on Marketable
         Berharga yang Diterbitkan diungkapkan pada                       Securities Issued are presented in Note 24.
         Catatan 24.

    k.   Manajemen Risiko                                            k.   Risk Management

         Dalam penerapan manajemen risiko, Bank                           In the implementation of risk management,
         berpedoman pada Peraturan Otoritas Jasa                          Bank refers to Financial Services Authority
         Keuangan No.18/POJK.03/2016 dan Surat                            Regulation No.18/POJK.03/2016 and Circular
         Edaran     No.   34/SEOJK.03/2016   tentang                      Letter No. 34/ SEOJK.03/2016 concerning the
         Penerapan Manajemen Risiko Bagi Bank                             Implementation of Risk Management for
         Umum       serta    Peraturan   OJK     No.                      Commercial Banks and OJK Regulation
         38/POJK.03/2017       tentang    Penerapan                       No.38/POJK.03/2017       concerning         the
         Manajemen Risiko secara Konsolidasi bagi                         Implementation    of   Consolidated       Risk
         Bank yang Melakukan Pengendalian terhadap                        Management for Banks that control subsidiaries.
         entitas anak.

         Profil Risiko                                                    Risk Profile

         Penilaian profil risiko terdiri dari menjadi                     The risk profile assessment consists of
         penilaian risiko inheren dan penilaian Kualitas                  assessment of inherent risk assessment and
         Penerapan Manajemen Risiko (KPMR).                               assessment of the Quality of Risk Management
                                                                          Implementation (QRMI).

         Penilaian Risiko Inheren merupakan penilaian                     Inherent Risk Assessment is an assessment of
         atas risiko yang melekat pada kegiatan bisnis                    the risks inherent in the Bank's business
         Bank, baik yang dapat dikuantifikasikan                          activities, both quantifiable and non-quantifiable,
         maupun      yang   tidak,  yang    berpotensi                    that have the potential to affect the Bank's
         memengaruhi posisi keuangan Bank.                                financial position.

         Karakteristik risiko inheren Bank ditentukan                     The Bank's inherent risk characteristics are
         oleh faktor internal maupun eksternal, antara                    determined by internal and external factors,
         lain strategi bisnis, karakteristik bisnis,                      including     business      strategy,    business
         kompleksitas produk dan aktivitas Bank, industri                 characteristics, complexity of the Bank's
         di mana Bank melakukan kegiatan usaha, serta                     products and activities, the industry in which the
         kondisi makroekonomi.                                            Bank conducts business, as well as
                                                                          macroeconomic conditions.

         Penilaian atas Risiko Inheren dilakukan dengan                   Assessment of Inherent Risk is carried out by
         memperhatikan         parameter/indikator    yang                taking into account quantitative and qualitative
         bersifat kuantitatif maupun kualitatif. Penetapan                parameters/indicators. The determination of the
         tingkat risiko inheren atas masing-masing jenis                  level of inherent risk for each type of risk refers
         Risiko mengacu pada prinsip-prinsip umum                         to the general principles of assessing the
         penilaian Tingkat Kesehatan Bank Umum.                           Soundness of Commercial Banks. The
         Penetapan tingkat risiko inheren untuk masing-                   determination of the level of inherent risk for
         masing jenis risiko dikategorikan ke dalam                       each type of risk is categorized into rank 1
         peringkat 1 (low), peringkat 2 (low to moderate),                (low), rank 2 (low to moderate), rank 3
         peringkat 3 (moderate), peringkat 4 (moderate                    (moderate), rank 4 (moderate to high), and rank
         to high) dan peringkat 5 (high).                                 5 (high).




                                                        - 216 -
Page 707
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                 55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                      Indonesian Accounting Standards (continued)

    k.   Manajemen Risiko (lanjutan)                                k.   Risk Management (continued)

         Profil Risiko (lanjutan)                                        Risk Profile (continued)

         Penilaian kualitas Penerapan Manajemen                          Assessment of the quality of Risk Management
         Risiko mencerminkan penilaian terhadap                          Implementation reflects an assessment of the
         kecukupan sistem pengendalian risiko yang                       adequacy of the risk control system covering all
         mencakup seluruh pilar penerapan Manajemen                      pillars of Risk Management implementation as
         Risiko sebagaimana yang diatur dalam                            stipulated in the provisions of the Financial
         ketentuan Otoritas Jasa Keuangan (OJK).                         Services Authority (OJK). Assessment of the
         Penilaian kualitas penerapan Manajemen                          quality of Risk Management Implementation is
         Risiko merupakan penilaian terhadap 4 (empat)                   an assessment of 4 (four) interrelated aspects,
         aspek yang saling berkaitan, yaitu:                             namely:
         1. Tata Kelola Risiko;                                          1. Risk Governance;
         2. Kerangka Manajemen Risiko;                                   2. Risk Management Framework;
         3. Proses Manajemen Risiko, Kecukupan                           3. Risk Management Process, Adequacy of
            Sumber Daya Manusia dan Kecukupan                                  Human Resources and Adequacy of
            Sistem Informasi Manajemen; dan                                    Management Information Systems; and
         4. Kecukupan Sistem Pengendalian Risiko,                        4. Adequacy of the Risk Control System,
            dengan memperhatikan karakteristik dan                             taking into account the characteristics and
            kompleksitas usaha Bank.                                           complexity of the Bank's business.

         Dari hasil penilaian laporan profil risiko (self                Based on quarterly risk profile report (self
         assessment) yang disampaikan kepada OJK,                        assessment) submitted to OJK for June 2024
         untuk posisi Desember 2024, peringkat risiko                    position, the Bank's composite risk is rated at 2
         komposit Bank yaitu Peringkat 2 (low to                         (low to moderate).
         moderate).
         Selain menyampaikan laporan profil risiko,                      In addition to submitting risk profile reports, the
         Bank juga menyampaikan laporan keuangan                         Bank also submits financial group reports with
         grup dengan entitas anak yang dilaporkan                        subsidiaries which are reported on a semi-
         secara      semesteran  sebagai    bentuk                       annual basis as a form of routine monitoring of
         pemantauan rutin entitas utama terhadap                         the main entity to subsidiaries.
         entitas anak.

         Risiko Likuiditas                                               Liquidity Risk

         Dalam rangka meningkatkan ketahanan                             In order to improve liquidity resilience, Bank
         likuiditas, Bank melakukan perhitungan rasio                    calculates liquidity adequacy ratios namely
         kecukupan likuiditas yaitu Liquidity Coverage                   Liquidity Coverage Ratio (LCR) and Net Stable
         Ratio (LCR) dan Net Stable Funding Ratio                        Funding Ratio (NSFR) and manages the
         (NSFR) dan mengelola Rasio Kecukupan                            Liquidity Adequacy Ratio according to
         Likuiditas tersebut sesuai ketentuan regulator,                 regulatory provisions, both individually (bank
         baik secara individu (bank saja) maupun                         only) and consolidated with subsidiary
         konsolidasi dengan perusahaan anak.                             companies.

         Selain itu, Bank juga menghitung rasio Giro                     In addition, the Bank also calculates the Bank’s
         Wajib Minimum (GWM) pada Bank Indonesia                         minimum Statutory Reserves (GWM) at Bank
         dan       Kas,     Penyangga       Likuiditas                   Indonesia and Cash, Macroprudential Liquidity
         Makroprudensial (PLM) dan Rasio Intermediasi                    Buffer      (PLM),     and      Macroprudential
         Makroprudensial (RIM).                                          Intermediation Ratio (RIM).

         Terkait dengan POJK No. 50/POJK.03/2017                         In regard to the regulation of the Financial
         tentang    Kewajiban    Pemenuhan        Rasio                  Services Authority No. 50/POJK.03/2017
         Pendanaan Stabil Bersih (Net Stable Funding                     concerning the Obligation of Net Stable Funding
         Ratio) Bagi Bank Umum, Bank menyampaikan                        Ratio for Commercial Banks, the Bank has
         laporan NSFR secara triwulanan (individual) ke                  submitted NSFR report on quarterly (individual)
         Otoritas Jasa Keuangan dan mempublikasikan                      to Financial Services Authority and published
         laporan NSFR triwulanan (individual) pada situs                 NSFR report to Bank’s website.
         web Bank.




                                                       - 217 -
Page 708
PT BANK KB BUKOPIN TBK                                                                              PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                            AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                      Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                 For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                       (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                              otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                            55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                                 Indonesian Accounting Standards (continued)

    k.   Manajemen Risiko (lanjutan)                                           k.   Risk Management (continued)

         Risiko Likuiditas (lanjutan)                                               Liquidity Risk (continued)

         Berdasarkan     perhitungan,  NSFR    Bank                                  Based on the calculation, NSFR for December
         31 Desember 2024 adalah sebesar 102,25%                                     31, 2024 is 102.25% (individual) and 101.21%
         (secara individual) dan 101,21% (secara                                     (consolidated). For this reason, the Bank has
         konsolidasi). Atas hal tersebut, Bank telah                                 already fulfilled the NSFR ratio in accordance
         memenuhi rasio NSFR sesuai ketentuan                                        with the provisions (> 100%).
         (> 100%).
         Dalam hal ini Bank akan terus melakukan                                     In this regard, the Bank will continue to make
         upaya-upaya       strategis    untuk     dapat                              strategic efforts to be able to maintain the
         mempertahankan rasio likuiditas. Beberapa                                   liquidity ratio. Some of the strategies that have
         strategi yang telah dan akan terus dilakukan                                been and will continue to be carried out by the
         Bank antara lain:                                                           Bank include:
         •    Meningkatkan DPK terutama DPK yang                                     •    Increasing TPF, especially TPF which has a
              mempunyai kategori stabil dan mempunyai                                     stable category and has a medium - long
              tenor menengah - jangka panjang.                                            term tenor.
         •    Menjaga Kecukupan Aset Likuid Bank.                                    •    Maintaining the adequacy of Liquid Assets.
         •    Memelihara dan meningkatkan Pendanaan                                  •    Maintaining and enhancing Interbank
              Antar Bank terutama jangka panjang.                                         Funding especially long-term maturity.
         •    Dukungan     sumber     pendanaan    dari                              •    Supporting funding sources from Kookmin
              Kookmin sebagai Pemegang Saham                                              as Controlling Shareholder (PSP).
              Pengendali (PSP).
         •    Program pemasaran pendanaan yang                                       •    Funding marketing programs focused on a
              berfokus pada jangka waktu menengah 6-                                      medium term of 6-12 months.
              12 bulan.

    l.   Pengelolaan Permodalan                                                l.   Capital Management
         Manajemen menggunakan rasio permodalan                                      Management use regulatory capital ratios in
         yang diwajibkan regulator untuk memantau                                    order to monitor its capital. OJK`s approach to
         permodalan Bank. Pendekatan OJK untuk                                       such measurement is primarily based on
         pengukuran tersebut terutama berdasarkan                                    monitoring the relationship of the capital
         pengawasan atas hubungan antara kecukupan                                   adequacy to availability of capital resources.
         modal dengan ketersediaan modal.
         Bank telah melakukan perhitungan kecukupan                                  The Bank has calculated its capital adequacy
         modal berdasarkan Peraturan OJK yang                                        requirements using the prevailing OJK
         berlaku,     dimana    modal    yang     dimiliki                           regulation, where the regulatory capital is
         diklasifikasikan dalam 2 (dua) Tier yaitu Modal                             classified into 2 (two) tiers, Tier 1 Capital and
         Tier 1 dan Modal Tier 2.                                                    Tier 2 Capital.

         Bank tidak memiliki modal tambahan yang                                     The Bank does not have any other
         memenuhi kriteria Modal Tier 3 sesuai dengan                                supplementary capital which meets the criteria
         Peraturan OJK yang berlaku.                                                 of Tier 3 Capital under prevailing OJK
                                                                                     regulation.
         Perhitungan Kewajiban Penyediaan Modal                                      The Capital Adequacy Ratio (CAR) calculations
         Minimum (KPMM) Bank pada 31 Desember                                        for the Bank only as at December 31, 2024 and
         2024 dan 2023, sesuai dengan Peraturan                                      2023, in accordance with the prevailing
         Otoritas Jasa Keuangan adalah sebagai                                       Financial Services Authority Regulations are as
         berikut:                                                                    follow:
                                                     2024                                        2023

                                    Entitas Induk/          Konsolidasi/       Entitas Induk/           Konsolidasi
                                     Parent Only            Consolidated        Parent Only             Consolidated

         Modal                                                                                                          Capital
         Tier I                          3.410.320              5.401.052            7.847.606              9.813.056   Tier I
         Tier II                         3.410.320              4.099.247            4.317.559              4.392.073   Tier II

         Jumlah Modal                    6.820.640              9.500.299           12.165.165             14.205.129   Total Capital




                                                                - 218 -
Page 709
PT BANK KB BUKOPIN TBK                                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                                   otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                                 55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                                      Indonesian Accounting Standards (continued)

    l.   Pengelolaan Permodalan (lanjutan)                                          l.   Capital Management (continued)

                                                          2024                                         2023

                                         Entitas Induk/          Konsolidasi/       Entitas Induk/            Konsolidasi
                                          Parent Only            Consolidated        Parent Only              Consolidated

         Aktiva Tertimbang Menurut                                                                                            Risk Weighted Assets
            Risiko untuk Risiko Kredit       39.598.647             45.189.096           42.683.771              48.289.880      for Credit Risk
         Aktiva Tertimbang Menurut
            Risiko untuk Risiko                                                                                               Risk Weighted Assets
            Operasional                       1.771.508              1.987.358            2.098.314               2.344.395      for Operational Risk
         Aktiva Tertimbang Menurut                                                                                            Risk Weighted Assets
            Risiko untuk Risiko Pasar          268.195                268.195              197.195                 197.195       for Market Risk
         Rasio Tier 1                           8,19%                 11,38%               17,45%                  19,31%     Tier 1 Ratio
         Rasio Tier 2                           8,19%                  8,64%                9,60%                   8,64%     Tier 2 Ratio
         Total KPMM                            16,38%                 20,02%               27,05%                  27,95%     Total CAR
         Rasio Kewajiban Penyediaan
            Modal Minimum yang                                                                                                Minimum Capital
            diwajibkan                         9 - <10%               9 - <10%            9 - <10%                 9 - <10%     Adequacy Ratio required
         Capital conservation buffer              2,50%                  2,50%               2,50%                    2,50%   Capital conservation buffer
         Countercyclical buffer                   0,00%                  0,00%               0,00%                    0,00%   Countercyclical buffer
         Capital surcharge untuk                                                                                              Capital surcharge for
            bank sistemik                        0,00%                  0,00%                  0,00%                 0,00%      systemic bank


         Bank mematuhi semua persyaratan modal yang                                       The Bank has complied with all externally
         ditetapkan oleh pihak eksternal sepanjang                                        imposed capital requirements throughout the
         periode pelaporan, khususnya berkenaan                                           reporting period, particularly regarding Capital
         dengan perhitungan Kewajiban Penyediaan                                          Adequacy Ratio (CAR) and calculation of Risk
         Modal Minimum (KPMM) dan Aktiva Tertimbang                                       Weighted Assets (RWA).
         Menurut Risiko (ATMR).

         Berdasarkan     POJK       No.34/POJK.03/2016                                    Based on POJK No.34/POJK.03/2016 dated
         tanggal 22 September 2016 tentang Kewajiban                                      September 22, 2016 concerning Capital
         Penyediaan Modal Minimum, Bank wajib                                             Adequacy Ratio, the Bank is required to
         membentuk      tambahan        modal     sebagai                                 establish additional capital as a buffer, as
         penyangga (buffer), sebagai berikut:                                             follows:
         a.   Capital Conservation Buffer adalah                                          a. Capital Conservation Buffer is an additional
              tambahan modal yang berfungsi sebagai                                             capital which serves as a buffer in the
              penyangga      (buffer)    apabila    terjadi                                     event of a loss in the period of crisis;
              kerugian pada periode krisis;
          b.  Countercyclical Buffer adalah tambahan                                      b.     Countercyclical Buffer is an additional
              modal       yang        berfungsi      untuk                                       capital which serves to anticipated losses
              mengantisipasi kerugian apabila terjadi                                            in the event of excessive credit growth and
              pertumbuhan kredit perbankan yang                                                  thus potentially disrupt the stability of the
              berlebihan        sehingga        berpotensi                                       financial system;
              mengganggu stabilitas sistem keuangan;
          c. Capital Surcharge          untuk Domestic                                    c.     Capital      Surcharge     for   Domestic
               Systemically Important Bank (D-SIB)                                               Systemically Important Banks (D-SIB) is
               adalah tambahan modal yang berfungsi                                              an additional capital which serves to
               untuk mengurangi dampak negatif                                                   reduce the negative impact on the stability
               terhadap stabilitas sistem keuangan dan                                           of the financial system and economy in the
               perekonomian apabila terjadi kegagalan                                            event of Bank failure which has systemic
               Bank yang berdampak sistemik melalui                                              effect through an increase in the Bank's
               peningkatan kemampuan Bank dalam                                                  ability to absorb losses.
               menyerap kerugian.




                                                                     - 219 -
Page 710
PT BANK KB BUKOPIN TBK                                                                   PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                           Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                      For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                            (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                   otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                 55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                      Indonesian Accounting Standards (continued)
    l.   Pengelolaan Permodalan (lanjutan)                          l.     Capital Management (continued)

         Tambahan modal sebagai penyangga (buffer)                          Additional capital as a buffer that shall be
         yang wajib dibentuk oleh Bank adalah:                              established by the Bank are:
         a.   Capital Conservation Buffer sebesar                           a. Capital Conservation Buffer amounting to
              2,5% dari ATMR untuk Bank yang                                      2.5% of RWA to the Bank classified to
              tergolong     dalam    Kelompok   Bank                              KBMI 2 or KBMI 3 whose fulfillment
              berdasarkan Modal Inti KBMI 2 atau                                  gradually:
              KBMI 3 yang pemenuhannya secara
              bertahap:
              • 0,625% dari ATMR mulai 1 Januari                                 •   0.625% from RWA since January 1,
                 2016;                                                               2016;
              • 1,25% dari ATMR mulai 1 Januari                                  •   1.25% from RWA since January 1,
                 2017;                                                               2017;
              • 1,875% dari ATMR mulai 1 Januari                                 •   1.875% from RWA since January 1,
                 2018;                                                               2018;
              • 2,5% dari ATMR mulai 1 Januari 2019.                             •   2.5% from RWA since January 1,
                                                                                     2019.
         b.    Countercyclical Buffer sebesar 0% (nol                    c. b.    Countercyclical Buffer in the amount of
               persen) sampai dengan 2,5% (dua koma                              0% (zero percent) up to 2.5% (two point
               lima persen) dari ATMR bagi seluruh                               five percent) from RWA for the whole
               Bank.                                                             Bank.
         c.    Capital Surcharge untuk D-SIB sebesar                     d. c.   Capital Surcharge for D-SIB in the amount
               1% (satu persen) sampai dengan 2,5%                               of 1% (one percent) to 2.5% (two point
               (dua koma lima persen) dari ATMR Bank                             five percent) from RWA of Banks with
               yang berdampak sistemik.                                          systemic impact.

         Pemenuhan modal sebagai penyangga (buffer)                         Fulfillment of capital as a buffer should be met
         harus    dipenuhi  dengan    menggunakan                           by using components of common equity Tier 1.
         komponen modal inti utama (Common Equity
         Tier 1).
         Berdasarkan PBI No. 17/22/PBI/2015 tanggal                         Based on PBI No. 17/22/PBI/2015 dated
         23 Desember        2015    tentang    Kewajiban                    December       23,    2015    concerning       the
         Pembentukan Countercyclical Buffer (CCB)                           Establishment      of   Countercyclical    Buffer
         ditetapkan bahwa besaran CCB yang                                  Obligation stipulated that the amount of CCB
         ditetapkan oleh Bank Indonesia untuk pertama                       set by Bank Indonesia for the first time, starting
         kali, yaitu mulai 1 Januari 2016 adalah sebesar                    January 1, 2016 amounted to 0% and applying
         0% dan berlaku untuk seluruh bank, baik bank                       to all banks, both conventional commercial bank
         umum konvensional dan bank umum syariah,                           and islamic banks, including branches of banks
         termasuk kantor cabang dari bank yang                              domiciled abroad.
         berkedudukan di luar negeri.
         Sasaran utama atas kebijakan pengelolaan                           The primary objectives of the Bank’s capital
         permodalan yang dilakukan oleh Bank adalah                         management policy are to ensure that the Bank
         untuk    mematuhi    ketentuan   permodalan                        complies with externally imposed capital
         eksternal   yang     berlaku   dan    untuk                        requirements and that the Bank maintains
         mempertahankan rasio permodalan yang sehat                         healthy capital ratios in order to support its
         agar    dapat   mendukung      usaha   dan                         business and to maximize shareholder value.
         memaksimalkan nilai bagi pemegang saham.

         Evaluasi terhadap besaran CCB akan dilakukan                       The evaluation of the amount of CCB would be
         secara berkala, yaitu paling kurang 1 kali dalam                   done regularly, i.e at least 1 time within 6
         6 bulan. Dalam hal berdasarkan hasil evaluasi                      months. In the case that based on the
         ditetapkan bahwa besaran CCB tidak berubah                         evaluation determined where the magnitude of
         maka Bank Indonesia akan mengeluarkan                              the CCB does not change, then Bank Indonesia
         pengumuman di website Bank Indonesia dan                           will issue an announcement on the website of
         apabila ditetapkan ada perubahan, maka Bank                        Bank Indonesia and, if specified changes, then
         Indonesia akan menerbitkan Surat Edaran                            Bank Indonesia will issue a Circular Letter
         mengenai perubahan tersebut.                                       regarding such change.




                                                       - 220 -
Page 711
PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                         Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                    For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                          (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                 otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan               55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                    Indonesian Accounting Standards (continued)
    l.   Pengelolaan Permodalan (lanjutan)                        l.   Capital Management (continued)

         Berdasarkan POJK No. 46/POJK.03/2015                          According to POJK No. 46/POJK.03/2015 dated
         tanggal 23 Desember 2015 tentang Penetapan                    December 23, 2015 concerning the Stipulation
         Systemically Important Bank dan Capital                       of Systemically Important Banks and Capital
         Surcharge, ditetapkan bahwa Otoritas Jasa                     Surcharge, the Financial Services Authority in
         Keuangan     berkoordinasi  dengan    Bank                    coordination with Bank Indonesia will set SIB
         Indonesia akan menetapkan SIB dan Capital                     and Capital Surcharge for SIB. A Bank defined
         Surcharge untuk SIB. Bank yang ditetapkan                     as SIB is required to establish Capital
         sebagai SIB wajib membentuk Capital                           Surcharge.
         Surcharge untuk SIB.
         Penetapan SIB dan Capital Surcharge untuk                     The determination of SIB and Capital Surcharge
         SIB dilakukan secara semesteran setiap tahun                  for SIB is conducted biannually on:
         pada:
         a. Bulan Maret dengan menggunakan data                        a. March using data in December of the
             pada bulan Desember tahun sebelumnya;                        previous year; and
             dan
         b. Bulan September dengan menggunakan                         b. September using data in June of the
             data posisi bulan Juni tahun sebelumnya.                     previous year.

         Otoritas Jasa Keuangan (OJK) menetapkan                       Financial Services Authority (OJK) establishes
         Capital Surcharge untuk SIB dalam 5 kelompok                  Capital Surcharge for SIB in 5 Banks of bucket:
         bucket:
         a. 1% dari ATMR bagi SIB yang digolongkan                     a. 1% from RWA for SIB, which classified as
              dalam kelompok bucket 1;                                    bucket 1;
         b. 1,5% dari ATMR bagi SIB yang                               b. 1.5% from RWA for SIB, which classified as
              digolongkan dalam kelompok bucket 2;                        bucket 2;
         c. 2% dari ATMR bagi SIB yang digolongkan                     c. 2% from RWA for SIB, which classified as
              dalam kelompok bucket 3;                                    bucket 3;
         d. 2,5% dari ATMR bagi SIB yang                               d. 2.5% from RWA for SIB, which classified as
              digolongkan dalam kelompok bucket 4;                        bucket 4;
         e. 3,5% dari ATMR bagi SIB yang                               e. 3.5% from RWA for SIB, which classified as
              digolongkan dalam kelompok bucket 5.                        bucket 5.
         Untuk pertama kali, OJK akan menetapkan SIB                   For the first time, the FSA will set the SIB into
         dalam 4 kelompok dimana pemenuhannya                          4 buckets in which fulfillment is done gradually:
         dilakukan secara bertahap:

         1.   SIB bagi kelompok (bucket) 1 sebesar:                    1. SIB for bucket 1 amounted to:
              a. 0,25% dari ATMR sejak tanggal 1                          a. 0.25% from RWA since January 1,
                 Januari 2016;                                                 2016;
              b. 0,5% dari ATMR sejak tanggal 1                           b. 0.5% from RWA since January 1,
                 Januari 2017;                                                 2017;
              c. 0,75% dari ATMR sejak tanggal 1                          c. 0.75% from RWA since January 1,
                 Januari 2018;                                                 2018;
              d. 1% dari ATMR sejak tanggal 1 Januari                     d. 1% from RWA since January 1, 2019.
                 2019.
         2.   SIB bagi kelompok (bucket) 2 sebesar:                    2. SIB for bucket 2 amounted to:
              a. 0,375% dari ATMR sejak tanggal 1                         a. 0.375% from RWA since January 1,
                  Januari 2016;                                                2016;
              b. 0,75% dari ATMR sejak tanggal 1                          b. 0.75% from RWA since January 1,
                  Januari 2017;                                                2017;
              c. 1,125% dari ATMR sejak tanggal 1                         c. 1.125% from RWA since January 1,
                  Januari 2018;                                                2018;
              d. 1,5% dari ATMR sejak tanggal 1                           d. 1.5% from RWA since January 1,
                  Januari 2019.                                                2019.




                                                     - 221 -
Page 712
PT BANK KB BUKOPIN TBK                                                                            PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                          AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                    Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                               For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                     (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                            otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                      55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                           Indonesian Accounting Standards (continued)

    l.   Pengelolaan Permodalan (lanjutan)                                   l.   Capital Management (continued)

         3.    SIB bagi kelompok (bucket) 3 sebesar:                              3. SIB for bucket 3 amounted to:
               a. 0,5% dari ATMR sejak tanggal 1                                     a. 0.5% from RWA since January 1,
                   Januari 2016;                                                          2016;
               b. 1% dari ATMR sejak tanggal 1 Januari                               b. 1% from RWA since January 1, 2017;
                   2017;
               c. 1,5% dari ATMR sejak tanggal 1                                      c.    1.5% from RWA since January 1,
                   Januari 2018;                                                            2018;
               d. 2% dari ATMR sejak tanggal 1 Januari                                d.    2% from RWA since January 1, 2019.
                   2019.

         4.    SIB bagi kelompok (bucket) 4 sebesar:                              4. SIB for bucket 4 amounted to:
               a. 0,625% dari ATMR sejak tanggal 1                                   a. 0.625% from RWA since January 1,
                   Januari 2016;                                                          2016;
               b. 1,25% dari ATMR sejak tanggal 1                                    b. 1.25% from RWA since January 1,
                   Januari 2017;                                                          2017;
               c. 1,875% dari ATMR sejak tanggal 1                                   c. 1.875% from RWA since January 1,
                   Januari 2018;                                                          2018;
               d. 2,5% dari ATMR sejak tanggal 1                                     d. 2.5% from RWA since January 1,
                   Januari 2019.                                                          2019.

    m. Posisi Devisa Neto                                                    m. Net Open Position

         Perhitungan Posisi Devisa Neto Bank                                      The calculation for the Net Open Position is
         berdasarkan pada Peraturan Bank Indonesia                                based    on    Bank     Indonesia   Regulation
         No. 17/5/PBI/2015 tanggal 29 Mei 2015.                                   No. 17/5/PBI/2015 dated May 29, 2015.
         Berdasarkan peraturan tersebut, Bank hanya                               According to the regulation, Bank only required
         diwajibkan untuk menjaga posisi devisa neto                              to maintain the overall net open position at a
         secara keseluruhan maksimum 20% dari total                               maximum of 20% from total capital.
         modal.

         Tabel berikut mengindikasikan posisi aset dan                            The table below indicates the foreign currencies
         liabilitas moneter dalam mata uang asing yang                            position of non-trading monetary in assets and
         tidak untuk diperdagangkan pada tanggal                                  liabilities as at December 31, 2024 and 2023,
         31 Desember 2024 dan 2023, dimana Bank                                   where the Bank has significant exposure
         memiliki eksposur signifikan terhadap arus kas                           against its forecast cash flows. The analysis
         masa depan. Analisa tersebut menghitung                                  calculates the effect of a reasonably possible
         dampak pergerakan nilai tukar wajar yang                                 movement of the currency rate against the
         mungkin terjadi terhadap Rupiah, dengan                                  Indonesian Rupiah, with all variables held
         seluruh variabel dianggap konstan, terhadap                              constant, on the profit or loss (due to change in
         laba rugi (akibat perubahan nilai wajar aset dan                         the fair value of currency sensitive non-trading
         liabilitas   moneter    yang      tidak    untuk                         monetary assets and liabilities) (unaudited).
         diperdagangkan yang sensitif terhadap nilai
         tukar) (tidak diaudit).
                                                    31 Desember/December 31, 2024

                                      Kenaikan
                                    (penurunan)
                                     dalam nilai           Sensitivitas             Sensitivitas
                                        tukar/          terhadap laporan             terhadap
                                      Increase              laba rugi/                ekuitas/
                                     (decrease)           Sensitivity in            Sensitivity
                                 in exchange rate         profit or loss             in equity

         Mata uang                                                                                     Currency
         Dolar Amerika Serikat              10/10              (3,29)/3.29                         -   United States Dollar
         Euro Eropa                         10/10              0,15/(0.15)                         -   European Euro
         Dolar Australia                    10/10              7,65/(7.65)                         -   Australian Dollar
         Yen Jepang                         10/10              (3,67)/3.67                         -   Japanese Yen
         Dolar Hong Kong                    10/10              0,82/(0.82)                         -   Hong Kong Dollar
         Dolar Singapura                    10/10            53,14/(53.14)                         -   Singapore Dollar
         Poundsterling Inggris              10/10            15,64/(15.64)                         -   Great Britain Poundsterling
         Won Korea                          10/10              1,44/(1.44)                         -   Korean Won
         Yuan China                         10/10              1,38/(1.38)                         -   Chinese Yuan




                                                            - 222 -
Page 713
PT BANK KB BUKOPIN TBK                                                                              PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                            AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                      Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                 For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                       (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                              otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                         55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                              Indonesian Accounting Standards (continued)
    m. Posisi Devisa Neto (lanjutan)                                           m. Net Open Position (continued)
                                                       31 Desember/December 31, 2023

                                         Kenaikan
                                       (penurunan)
                                        dalam nilai           Sensitivitas           Sensitivitas
                                           tukar/          terhadap laporan           terhadap
                                         Increase              laba rugi/              ekuitas/
                                        (decrease)           Sensitivity in          Sensitivity
                                    in exchange rate         profit or loss           in equity

         Mata uang                                                                                      Currency
         Dolar Amerika Serikat                10/(10)           (89,69)/89.69                       -   United States Dollar
         Euro Eropa                           10/(10)             (1,65)/1.65                       -   European Euro
         Dolar Australia                      10/(10)             6,30/(6.30)                       -   Australian Dollar
         Yen Jepang                           10/(10)           (29,37)/29.34                       -   Japanese Yen
         Dolar Hong Kong                      10/(10)             9,77/(9.77)                       -   Hong Kong Dollar
         Dolar Singapura                      10/(10)           47,01/(47.01)                       -   Singapore Dollar
         Poundsterling Inggris                10/(10)              6,83/(6.83)                      -   Great Britain Poundsterling
         Won Korea                            10/(10)              2,22/(2.22)                      -   Korean Won
         Yuan China                           10/(10)              4,31/(4.31)                      -   Chinese Yuan


        Rasio Posisi Devisa Neto secara keseluruhan                                The overall Net Open Position ratio is the sum
        adalah penjumlahan nilai absolut dari selisih                              of absolute values of the net difference between
        bersih antara aset dan liabilitas dalam mata                               assets and liabilities denominated in each
        uang asing dan selisih bersih dari tagihan dan                             foreign currency and the net difference of
        liabilitas komitmen dan kontinjensi, yang dicatat                          receivables and payables of both commitments
        dalam akun administratif yang didenominasi                                 and     contingencies      recorded     in    the
        dalam setiap mata uang asing, yang dinyatakan                              administrative accounts denominated in each
        dalam Rupiah.                                                              foreign currency, which are stated in Rupiah.
        Posisi Devisa Neto Bank pada tanggal                                       Net Open Positions for the Bank as at
        31 Desember 2024 dan 2023, adalah sebagai                                  December 31, 2024 and 2023 are as follows:
        berikut:
                                                       31 Desember/December 31, 2024

                                          Aset/                 Liabilitas/          Nilai Neto/
                                         Assets                 Liabilities          Net Value

        Mata uang                                                                                       Currency
        Keseluruhan (Laporan                                                                            Overall (Statement
          Posisi Keuangan dan                                                                             of Financial Position
          Rekening Administratif)                                                                         and Off-Balance Sheet)
          Dolar Amerika Serikat           28.272.517              28.182.732                89.785        United States Dollar
          Yen Jepang                          88.091                  91.761                 3.670        Japanese Yen
          Euro Eropa                          10.687                  10.540                   147        European Euro
          Dolar Australia                     10.713                   3.059                 7.654        Australian Dollar
          Poundsterling Inggris               15.701                      61                15.640        Great Britain Poundsterling
          Dolar Singapura                     69.441                  16.303                53.138        Singapore Dollar
          Lain-lain*)                         85.972                  82.340                 3.632        Others*)

                                          28.553.122              28.386.796               173.666

        Total Modal                                                                      7.058.534      Total Capital

        Rasio Posisi Devisa Neto                                                                        Net Open Position Ratio
          (Keseluruhan)                                                                       2,46        (Overall)




                                                               - 223 -
Page 714
PT BANK KB BUKOPIN TBK                                                                               PT BANK KB BUKOPIN TBK
DAN ENTITAS ANAK                                                                                             AND SUBSIDIARIES
Catatan Atas Laporan Keuangan Konsolidasian                                       Notes to the Consolidated Financial Statements
Untuk Tahun yang Berakhir pada Tanggal-tanggal                                  For the Years Ended December 31, 2024 and 2023
31 Desember 2024 dan 2023                                                        (Figures are presented in million Rupiah, unless
(Disajikan dalam jutaan Rupiah, kecuali dinyatakan                                                               otherwise stated)
lain)


55. Informasi Tambahan yang Tidak Dipersyaratkan                          55. Additional Information that is Not Required by
    Oleh Standar Akuntansi Indonesia (lanjutan)                               Indonesian Accounting Standards (continued)
    m. Posisi Devisa Neto (lanjutan)                                            m. Net Open Position (continued)
                                                        31 Desember/December 31, 2023

                                            Aset/                Liabilitas/             Nilai Neto/
                                           Assets                Liabilities             Net Value

         Mata uang                                                                                       Currency
         Keseluruhan (Laporan                                                                            Overall (Statement
           Posisi Keuangan dan                                                                             of Financial Position
           Rekening Administratif)                                                                         and Off-Balance Sheet)
           Dolar Amerika Serikat           15.069.997              15.159.688                   89.691     United States Dollar
           Yen Jepang                           3.851                  33.225                   29.374     Japanese Yen
           Euro Eropa                          13.960                  15.610                    1.650     European Euro
           Dolar Australia                      9.475                   3.179                    6.296     Australian Dollar
           Poundsterling Inggris                7.177                     349                    6.828     Great Britain Poundsterling
           Dolar Singapura                     49.788                   2.781                   47.007     Singapore Dollar
           Lain-lain                           28.966                  12.661                   16.305     Others

                                           15.183.214              15.227.493                  197.151

         Total Modal                                                                       14.205.129    Total Capital

         Rasio Posisi Devisa Neto                                                                        Net Open Position Ratio
         (Keseluruhan)                                                                            1,39     (Overall)


    n.   Informasi Tambahan                                                     n.    Additional Information
         Pada tanggal 31 Desember 2024 dan 2023,                                      As at December 31, 2024 and 2023, additional
         informasi tambahan untuk Bank sesuai                                         information regarding the Bank in accordance
         Peraturan Otoritas Jasa Keuangan.                                            with Financial Services Authority Regulation.
                                                         2024                    2023
         Rasio aset produktif bermasalah                                                        Non-performing assets to
           terhadap total aset produktif                     3,00%                     6,37%      total earning assets ratio
         Rasio kredit terhadap
           dana pihak ketiga                               103,26%                   113,18% Loans to third party fund ratio
         Rasio total beban operasional                                                       Total operating expenses
           terhadap total pendapatan                                                           to total operating income
           operasional                                     192,58%                   223,28%   ratio
         Rasio kredit kepada Usaha Mikro
           Kecil (UMK) terhadap total                                                             Small micro business loans
           kredit yang diberikan                            36,34%                    46,92%        to total loans ratio

         Sesuai dengan peraturan POJK No. 38/                                          According to OJK regulation No. 38/POJK.03/
         POJK.03/2019       tentang   Perubahan     atas                               2019 related to the Changes of POJK No. 32/
         POJK No. 32/POJK.03/2018 tentang Batas                                        POJK.03/2018 related to Legal Lending Limit
         Maksimum Pemberian Kredit dan Penyediaan                                      and Provision of Large Funds for Commercial
         Dana Besar Bagi Bank Umum, batas                                              Banks, the maximum lending limit to related
         maksimum penyediaan dana kepada pihak                                         parties, one non-related party debtor, and one
         terkait, satu peminjam yang bukan pihak terkait                               non-related party group of debtors shall not
         dan satu kelompok peminjam yang bukan pihak                                   exceed 10%, 20%, and 25% of the Bank’s
         terkait masing-masing tidak melebihi 10%, 20%,                                capital, respectively.
         dan 25% dari modal Bank.
         Pada tanggal 31 Desember 2024 terdapat                                        As at December 31, 2024 there is an excess of
         pelampauan BMPK akibat dari penurunan                                         the LLL due to an impact of the declining Core
         Modal Inti yang dialami oleh Bank. Pelampauan                                 Capital experienced by the Bank. The action
         BMPK ini telah dibuatkan rencana penyelesaian                                 plan has been made for this excess or the LLL
         yang jatuh tempo 30 Juni 2025.                                                which will due on June 30, 2025.

56. Tanggung Jawab dan Otorisasi                    Penerbitan            56. Responsibilities and Authorized Issuance of
    Laporan Keuangan Konsolidasian                                            Consolidated Financial Statements

    Manajemen Bank bertanggung jawab atas                                       Management of the Bank is responsible for the
    penyusunan dan penyajian laporan keuangan                                   preparation and presentation of the consolidated
    konsolidasian yang diotorisasi Direksi untuk terbit                         financial statements that are authorized by Directors
    pada tanggal 12 Maret 2025.                                                 for issuance on March 12, 2025.



                                                                - 224 -
Page 715
Lampiran 1                                                                                                Attachment 1

PT BANK KB BUKOPIN TBK                                                                  PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA)                                                                                (PARENT ONLY)
Laporan Posisi Keuangan                                                            Statements Of Financial Position
Tanggal 31 Desember 2024                                                                    As at December 31, 2024
(Angka-angka disajikan dalam jutaan Rupiah,                                 (Figures are presented in million Rupiah
Kecuali dinyatakan lain)                                                                    unless otherwise stated)




                                              2024             2023

ASET                                                                      ASSETS
Kas                                              330.502          254.501 Cash
Giro pada Bank Indonesia                       2.301.999        2.655.765 Current accounts with Bank Indonesia
Giro pada bank lain                              428.273          367.341 Current accounts with other banks
Penempatan pada Bank                                                      Placements with Bank Indonesia
  Indonesia dan bank lain                      1.594.828          738.617   and other banks
Surat-surat berharga:                                                     Marketable securities:
Diukur pada nilai wajar                                                   Fair value through
  melalui laba rugi                            7.417.653        5.322.930   profit and loss
Diukur pada nilai wajar                                                   Fair value through
  melalui penghasilan                                                       other comprehensive
  komprehensif lain                            4.506.470        3.477.939   income
Diukur pada biaya                                                         Measured at
  perolehan amortisasi                         9.183.228        8.808.097   amortized cost

                                              21.107.351       17.608.966
Dikurangi: Cadangan                                                           Less: Allowance for
  kerugian penurunan nilai                           (280)            (109)     impairment losses

Surat-surat berharga - neto                   21.107.071       17.608.857 Marketable securities - net
Tagihan Surat-surat berharga                                               Marketable securities
  yang dibeli dengan janji                                                   receivable purchased with
  dijual kembali - neto                                -        2.572.152    agreements to resell - net
Tagihan derivatif                                 12.054            3.040 Derivative receivables
Kredit yang diberikan                         41.456.215       44.183.228 Loans
Dikurangi: Cadangan                                                        Less: Allowance for
  kerugian penurunan nilai                    (2.746.625)      (3.353.299)   impairment losses

Kredit yang diberikan - neto                  38.709.590       40.829.929 Loans - net
Tagihan akseptasi                                 84.279          132.577 Acceptances receivables
Dikurangi: Cadangan                                                        Less: Allowance for
  kerugian penurunan nilai                        (1.200)          (1.613)   impairment losses

Tagihan akseptasi - neto                          83.079          130.964 Acceptances receivables - net
Penyertaan saham                               1.284.371        2.313.180 Investments in shares
Dikurangi:                                                                 Less:
Akumulasi amortisasi dan                                                   Accumulated amortization and
  penurunan nilai goodwill                      (106.229)        (106.229)   impairment losses of goodwill

Penyertaan saham - neto                        1.178.142        2.206.951 Investments in shares - net
Aset tetap                                     4.457.237        4.322.260 Fixed assets
Dikurangi: Akumulasi penyusutan               (1.340.634)      (1.300.473) Less: Accumulated depreciation

Aset tetap - neto                              3.116.603        3.021.787 Fixed assets - net
Aset pajak tangguhan - neto                    1.150.806        2.558.816 Deferred tax assets - net
Aset tak berwujud                                338.304          338.304 Intangible assets
Dikurangi: Akumulasi amortisasi                 (257.651)        (243.063) Less: Accumulated amortization

Aset tak berwujud - neto                          80.653           95.241 Intangible assets - net
Aset lain-lain - neto                          5.364.749        5.798.633 Other assets - net

TOTAL ASET                                    75.458.349       78.842.594 TOTAL ASSETS




                                                     - 225 -
Page 716
Lampiran 1                                                                                                Attachment 1

PT BANK KB BUKOPIN TBK                                                                    PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA)                                                                                  (PARENT ONLY)
Laporan Posisi Keuangan (lanjutan)                                       Statements Of Financial Position (continued)
Tanggal 31 Desember 2024                                                                      As at December 31, 2024
(Angka-angka disajikan dalam jutaan Rupiah,                                   (Figures are presented in million Rupiah
Kecuali dinyatakan lain)                                                                      unless otherwise stated)




                                               2024               2023

LIABILITAS DAN EKUITAS                                                         LIABILITIES AND EQUITY

LIABILITAS                                                                   LIABILITIES
Liabilitas segera                                394.431            430.154 Liabilities immediately payable
Simpanan nasabah                              40.147.845         39.036.634 Deposits from customers
Simpanan dari bank lain                        2.826.678          7.761.176 Deposits from other banks
Surat-surat berharga yang dijual                                             Marketable securities sold with
   dengan janji dibeli kembali – neto          3.229.437                   -   agreements to repurchase - net
Liabilitas derivatif                               3.641                808 Derivative payables
Liabilitas akseptasi                              84.279            132.577 Acceptances payables
Pinjaman yang diterima                        13.775.967         11.654.712 Borrowings
Surat berharga yang diterbitkan                5.790.158          3.397.588 Subordinated bond
Utang pajak                                       55.232             59.039 Taxes payables
Liabilitas lain-lain                           1.586.802          1.607.185 Other liabilities

TOTAL LIABILITAS                              67.894.470         64.079.873 TOTAL LIABILITIES

EKUITAS                                                                     EQUITY
Modal saham                                                                 Share capital
Saham biasa kelas A - niIai                                                 Common A shares -
  nominal Rp10.000                                                             Rp10,000 (full amount)
  (nilai penuh)                                                                par value
Saham biasa kelas B - niIai                                                 Common B shares -
  nominal Rp100                                                                Rp100 (full amount)
  (nilai penuh)                                                                par value
Modal dasar                                                                    Authorized capital
  Saham biasa kelas A -                                                     Common A shares -
  21.337.978 saham                                                             21,337,978 shares
Saham biasa kelas B -                                                       Common B shares -
  207.866.202.200 saham                                                        207,866,202,200 shares
Modal ditempatkan dan                                                       Issued and fully paid
  disetor penuh                                                                capital
  Saham biasa kelas A -                                                     Common A shares -
  21.337.978 saham                                                             21,337,978 shares
Saham biasa kelas B -                                                       Common B shares -
  187.866.201.892 saham per                                                    187,866,201,892 shares
  31 Desember 2024                                                             as at December 31, 2024
  dan 2023                                    19.000.000         19.000.000    and 2023
Tambahan modal disetor                         8.225.767          8.225.767 Additional paid-in capital
Surplus revaluasi aset                         1.769.377          1.557.366 Asset revaluation surplus
Keuntungan (kerugian)
  yang belum direalisasi
  atas surat-surat                                                           Unrealized gain (loss) on
  berharga dalam kelompok                                                      fair value through other
  nilai wajar melalui penghasilan                                              comprehensive income
  komprehensif lain                               (14.149)             7.563   marketable securities
Akumulasi rugi                                (21.417.116)      (14.027.975) Accumulated deficit

TOTAL EKUITAS                                  7.563.879         14.762.721 TOTAL EQUITY

TOTAL LIABILITAS                                                               TOTAL LIABILITIES AND
  DAN EKUITAS                                 75.458.349         78.842.594      EQUITY




                                                      - 226 -
Page 717
Lampiran 2                                                                                                  Attachment 2

PT BANK KB BUKOPIN TBK                                                              PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA)                                                                            (PARENT ONLY)
Laporan Laba Rugi Dan Penghasilan                                  Statements Of Profit Or Loss Comprehensive
Komprehensif                                                                                              Income
Untuk Tahun yang Berakhir pada                                                               For the Year Ended
Tanggal 31 Desember 2024                                                                     December 31, 2024
(Angka-angka disajikan dalam jutaan Rupiah,                             (Figures are presented in million Rupiah
Kecuali dinyatakan lain)                                                                unless otherwise stated)




                                              2024             2023

PENDAPATAN DAN BEBAN                                                       INCOME AND EXPENSES
  OPERASIONAL                                                                 FROM OPERATIONS
Pendapatan bunga                               4.877.943        4.347.708 Interest income
Beban bunga                                   (3.969.035)      (3.738.512) Interest expense

Pendapatan bunga - neto                         908.908          609.196 Interest income - net

Pendapatan operasional lainnya                                            Other operating income
Provisi dan komisi lainnya                      201.432          310.805 Other fees and commissions
Keuntungan (kerugian) atas penjualan                                      Gain (loss) on sale of marketable
  surat-surat berharga - neto                     1.603           (8.899)   securities - net
                                                                          Gain on foreign
Keuntungan selisih kurs - neto                   40.476           29.265    exchange - net
Lain-lain                                        92.519           98.562 Others

Total pendapatan operasional
  lainnya                                       336.030          429.733 Total other operating income

                                                                           Provision allowance
Pembentukan cadangan                                                         for impairment
  kerugian penurunan nilai                                                   losses on financial
  atas aset keuangan – neto                   (3.459.589)      (4.979.817)   assets - net
                                                                           Recovery of allowance for
Pemulihan cadangan kerugian atas                                             Commitments and
  komitmen dan kontinjensi – bersih               5.385             1.999    Contingencies -net
Beban penyisihan                                                           Provision for allowance
  kerugian penurunan nilai atas                                              for impairment losses
  aset non-keuangan - neto                     (793.671)         (268.218)   non-financial assets - net
Keuntungan (kerugian) dari perubahan                                       Gain (loss) from in fair value
  nilai wajar aset keuangan                      (23.246)         155.384    of financial assets
Keuntungan transaksi                                                       Gain from foreign
  mata uang asing - neto                           6.180            5.235    exchange transactions - net
Umum dan administrasi                         (1.017.559)      (1.248.594) General and administrative
                                                                           Salaries and employee
Gaji dan tunjangan karyawan                    (708.339)         (706.147)   benefits
Premi program                                                              Premium on government
  penjaminan pemerintah                         (70.560)          (86.843)   guarantee program

                                                                             Total operational
Total beban operasional Iainnya               (1.796.458)      (2.041.584)     expenses

                                                                             LOSS FROM
RUGI OPERASIONAL                              (4.816.461)      (6.088.072)     OPERATIONS

BEBAN NON-OPERASIONAL - NETO                  (1.145.291)       (125.498) NON-OPERATING LOSS - NET

RUGI SEBELUM BEBAN                                                           LOSS BEFORE
  PAJAK PENGHASILAN                           (5.961.752)      (6.213.570)     INCOME TAX EXPENSE

MANFAAT (BEBAN)                                                          INCOME TAX
  PAJAK PENGHASILAN                                                        BENEFIT (EXPENSE)
Tangguhan                                     (1.417.050)        702.789 Deferred

RUGI TAHUN BERJALAN                           (7.378.802)      (5.510.781) LOSS FOR THE YEAR




                                                     - 227 -
Page 718
Lampiran 2                                                                                                   Attachment 2

PT BANK KB BUKOPIN TBK                                                              PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA)                                                                            (PARENT ONLY)
Laporan Laba Rugi Dan Penghasilan                                  Statements Of Profit Or Loss Comprehensive
Komprehensif (lanjutan)                                                                      Income (continued)
Untuk Tahun yang Berakhir pada                                                              For the Years Ended
Tanggal-tanggal 31 Desember 2024 dan                                                December 31, 2024 and 2023
(Angka-angka disajikan dalam jutaan Rupiah,                             (Figures are presented in million Rupiah
Kecuali dinyatakan lain)                                                                unless otherwise stated)




                                              2024             2023

PENGHASILAN KOMPREHENSIF                                                   OTHER COMPREHENSIVE
  LAIN:                                                                       INCOME:
Pos-pos yang tidak akan                                                    Items that will not be
  direklasifikasi ke laba rugi:                                                  reclassified to profit or loss:
Pengukuran kembali kerugian                                                Remeasurement loss on
  atas program imbalan pasti                    (13.255)            6.432     defined benefit
                                                                           Changes in asset revaluation
Perubahan surplus revaluasi aset                212.011            (1.756)    surplus
Pajak penghasilan terkait pos-pos                                          Income tax related to items
  yang tidak akan direklasifikasi                                             that not be reclasified
  ke laba rugi                                    2.916            (1.415)    to profit or loss
                                                                           Items that may be
Pos-pos yang akan direklasifikasi:                                            reclassified subsequently
  ke laba rugi:                                                               to profit or loss:
Perubahan nilai wajar                                                      Changes in fair value
  surat-surat berharga dalam                                                  of fair value through other
  nilai wajar melalui penghasilan                                             comprehensive income
  komprehensif lain                             (27.836)            6.330     marketable securities
Pajak penghasilan terkait pos-pos                                          Income tax related to items
  yang akan direklasifikasi                                                   that will be reclasified
  ke laba rugi                                    6.124            (1.392)    to profit or loss

Total penghasilan                                                            Total other comprehensive
  komprehensif lain - neto                      179.960            8.199       income - net

Total rugi komprehensif                                                      Total comprehensive
  tahun berjalan                              (7.198.842)      (5.502.582)     loss for the year

RUGI PER SAHAM                                                             LOSS PER SHARE
Dasar/dilusian (nilai penuh)                         (39)             (56) Basic/diluted (full amount)




                                                     - 228 -
Page 719
Lampiran 3                                                                                                                                                               Attachment 3

PT BANK KB BUKOPIN TBK (ENTITAS INDUK SAJA)                                                                                    PT BANK KB BUKOPIN TBK (PARENT ONLY)
Laporan Perubahan Ekuitas                                                                                                                   Statements Of Changes In Equity
Untuk Tahun yang Berakhir yang Berakhir pada Tanggal                                                                                 For the Year Ended December 31, 2024
31 Desember 2024                                                                                           (Figures are presented in million Rupiah unless otherwise stated)
(Angka-angka Disajikan dalam jutaan Rupiah, Kecuali dinyatakan lain)

                                                                                                                                       Keuntungan
                                                                                                                                       yang Belum
                                                                                                                                        Direalisasi
                                                                                                                                    atas Surat-Surat
                                                                                                                                    Berharga Dalam
                                                                                                                                    Kelompok Nilai
                                                                                                                                      Wajar melalui
                                                                                                                                       Penghasilan
                                                                                                                                  Komprehensif Lain
                                                                                                                                     - Setelah Pajak
                                                                                                                                       Tangguhan/
                                                                                                                                        Unrealized
                                                       Modal                                                                             Gains on
                                                   Ditempatkan                                                                          Fair Value
                                                   dan Disetor          Tambahan           Uang Muka          Surplus                Through Other
                                                      Penuh/              Modal          Setoran Modal/    Revaluasi Aset/       Comprehensive          Akumulasi
                                                    Issued and           Disetor/         Advance for          Asset              Income Marketable       Rugi/
                                                     Fully Paid         Additional       Future Shares      Revaluation             Securities - Net   Accumulated
                                                      Capital         Paid-in Capital     Subscription        Surplus               of Deferred Tax       Deficit            Total
                                         `

Saldo per 1 Januari 2023/
  Balance as at January 1, 2023                        7.000.000           8.286.428          3.000.000           1.559.122                   2.625        (8.522.211)        11.325.964
                                         `

Uang muka setoran modal/
  Advance for future shares subscription               3.000.000                    -        (3.000.000)                     -                    -                  -                   -
Penerimaan dana PUT VII dan
  penempatan pribadi/
  Receipt of LPO VII funds and private placement       9.000.000             (60.661)                 -                      -                    -                  -         8.939.339
Penghentian revaluasi aset/
  Dececognation assets revaluation                                -                 -                 -              (1.756)                      -                  -           (1.756)
Kerugian yang belum direalisasi atas surat-surat
  berharga dalam kelompok nilai wajar melalui
  penghasilan komprehensif lain - setelah pajak
  tangguhan/
Unrealized loss on fair value through other
  comprehensive income marketable securities -
  net of deferred tax                                             -                 -                 -                      -                4.938                  -               4.938
Pengukuran kembali atas program imbalan pasti -
  setelah pajak tangguhan
  Remeasurement on defined benefit plans –
  net of deferred tax                                             -                 -                 -                      -                    -             5.017              5.017
Rugi tahun berjalan/Loss for the year                             -                 -                 -                      -                    -        (5.510.781)        (5.510.781)
                                         `

Saldo per 31 Desember 2023/
Balance as at December 31, 2023                       19.000.000           8.225.767                  -           1.557.366                   7.563       (14.027.975)        14.762.721




                                                                                        - 229 -
Page 720
Lampiran 3                                                                                                                                                              Attachment 3
PT BANK KB BUKOPIN TBK (ENTITAS INDUK SAJA)                                                                                   PT BANK KB BUKOPIN TBK (PARENT ONLY)
Laporan Perubahan Ekuitas (lanjutan)                                                                                          Statements Of Changes In Equity (continued)
Untuk Tahun yang Berakhir yang Berakhir pada Tanggal                                                                                For the Year Ended December 31, 2024
31 Desember 2024                                                                                          (Figures are presented in million Rupiah unless otherwise stated)
(Angka-angka Disajikan dalam jutaan Rupiah, Kecuali dinyatakan lain)
                                                                                                                                      Keuntungan
                                                                                                                                      yang Belum
                                                                                                                                       Direalisasi
                                                                                                                                   atas Surat-Surat
                                                                                                                                   Berharga Dalam
                                                                                                                                   Kelompok Nilai
                                                                                                                                     Wajar melalui
                                                                                                                                      Penghasilan
                                                                                                                                 Komprehensif Lain
                                                                                                                                    - Setelah Pajak
                                                                                                                                      Tangguhan/
                                                                                                                                       Unrealized
                                                       Modal                                                                            Gains on
                                                   Ditempatkan                                                                         Fair Value
                                                   dan Disetor          Tambahan           Uang Muka         Surplus                Through Other
                                                      Penuh/              Modal          Setoran Modal/   Revaluasi Aset/       Comprehensive          Akumulasi
                                                    Issued and           Disetor/         Advance for         Asset              Income Marketable       Rugi/
                                                     Fully Paid         Additional       Future Shares     Revaluation             Securities - Net   Accumulated
                                                      Capital         Paid-in Capital     Subscription       Surplus               of Deferred Tax       Deficit            Total
                                         `
Saldo per 1 Januari 2024/
  Balance as at January 1, 2024                       19.000.000           8.225.767                  -          1.557.366                   7.563       (14.027.975)        14.762.721
                                         `
Penghentian revaluasi aset/
  Dececognation assets revaluation                                -                 -                 -           212.011                        -                  -          212.011
Kerugian yang belum direalisasi atas surat-surat
  berharga dalam kelompok nilai wajar melalui
  penghasilan komprehensif lain - setelah pajak
  tangguhan/
Unrealized loss on fair value through other
  comprehensive income marketable securities -
  net of deferred tax                                             -                 -                 -                     -              (21.712)                 -           (21.712)
Pengukuran kembali atas program imbalan pasti -
  setelah pajak tangguhan
Remeasurement on defined benefit plans –
  net of deferred tax                                             -                 -                 -                     -                    -           (10.339)           (10.339)
Rugi tahun berjalan/Loss for the year                             -                 -                 -                     -                    -        (7.378.802)        (7.378.802)
                                         `
Saldo per 31 Desember 2024/
Balance as at December 31, 2024                       19.000.000           8.225.767                  -          1.769.377                 (14.149)      (21.417.116)         7.563.879
                                                                                        - 230 -
Page 721
Lampiran 4                                                                                                   Attachment 4

PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA)                                                                               (PARENT ONLY)
Laporan Arus Kas                                                                          Statements Of Cash Flow
Untuk Tahun yang Berakhir yang Berakhir pada                                                   For the Years Ended
Tanggal-tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam jutaan Rupiah,                                (Figures are presented in million Rupiah
Kecuali dinyatakan lain)                                                                   unless otherwise stated)



                                               2024                2023

ARUS KAS DARI                                                                 CASH FLOWS FROM
  AKTIVITAS OPERASI                                                             OPERATING ACTIVITIES
Penerimaan bunga                             4.564.504             4.417.801 Receipts from interest
Pembayaran bunga                            (3.524.685)           (3.948.183) Payments of interest expense
Pendapatan operasional Iainnya                 312.784               325.797 Other operating income
Penerimaan kembali kredit                                                     Recoveries from
  yang telah dihapusbukukan                     111.243              179.698    written-off loans
Pembayaran gaji dan                                                           Payments of salaries and
  tunjangan karyawan                          (705.739)             (727.681)   employee benefits
Beban operasional Iainnya                   (1.936.699)           (1.112.903) Other operating expenses
Beban non operasional                       (1.136.659)             (119.192) Non operating expenses

Pengeluaran kas sebelum perubahan                                             Cash out before changes before in
   dalam aset dan liabilitas operasi        (2.315.251)             (984.663)    operating assets and liabilities
Perubahan dalam aset dan                                                      Changes in operating assets
   liabilitas operasi:                                                           and liabilities:
Penurunan (kenaikan)                                                          Decrease (increase)
   aset operasi:                                                                 in operating assets:
Penempatan pada bank lain                                                     Placements with other banks
   yang jatuh tempo lebih dari                                                   with maturities of more than
   3 bulan sejak tanggal perolehan                     -          (2.011.721)    3 months from acquisition date
Surat-surat berharga -                                                        Marketable securities -
   diperdagangkan                              1.367.969           2.929.462     trading
Surat-surat berharga - kredit                                                 Marketable securities -
   yang diberikan dan piutang                  187.066               495.880     loans and receivables
Kredit yang diberikan                       (1.450.492)           (1.423.577) Loans
Tagihan akseptasi                              (47.885)              113.828 Acceptances receivable
Aset lain-lain                              (2.117.081)             (158.276) Other assets
Kenaikan (penurunan)                                                          Increase (decrease)
   liabilitas operasi:                                                           in operating liabilities:
Liabilitas segera                                (35.723)             40.770 Liabilities immediately payable
Simpanan nasabah:                                                             Deposits from customers:
Giro                                         2.793.222              (464.823) Demand deposits
Tabungan                                       (61.848)              (88.679) Savings deposits
Deposito berjangka                          (1.620.163)           (7.105.913) Time deposits
Simpanan dari bank lain                     (4.934.498)           (2.612.829) Deposits from other banks
Liabilitas akseptasi                           (48.298)              115.231 Acceptances payable
Utang pajak                                    (44.898)               13.160 Taxes payable
Liabilitas lain-lain                          (119.339)              527.169 Other liabilities

Kas neto digunakan                                                              Net cash used in
  untuk aktivitas operasi                   (8.447.219)          (10.614.981)     operating activities

ARUS KAS DARI                                                                  CASH FLOWS FROM
  AKTIVITAS INVESTASI                                                            INVESTING ACTIVITIES
Penerimaan dari penjualan                                                      Receipts from sale of marketable
  surat-surat berharga - nilai wajar                                           Securities - fair value through
  melalui penghasilan komprehensif lain        2.422.243              260.000    other comprehensive income
Penerimaan dari surat-surat                                                    Receipts from matured
  berharga yang jatuh tempo                63.346.749              11.665.372    marketable securities
Pembelian surat-surat berharga -                                               Purchase of marketable securities -
  nilai wajar melalui penghasilan                                                fair value through other
  komprehensif lain dan pada                                                     comprehensive income and
  biaya perolehan diamortisasi             (65.265.930)          (21.294.342)    at amortized cost
Penerimaan dari surat-surat                                                    Receipts from matured marketable
  berharga yang dibeli dengan janji                                              securities purchased with agreement
  dijual kembali yang jatuh tempo          27.260.447              57.780.679    to resell
Pembayaran atas surat-surat                                                    Payments of marketable
  berharga yang dibeli dengan                                                    securities purchased
  janji dijual kembali                     (24.688.295)           (60.352.831)   with agreement to resell




                                                       - 231 -
Page 722
Lampiran 4                                                                                                   Attachment 4

PT BANK KB BUKOPIN TBK                                                                 PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA)                                                                               (PARENT ONLY)
Laporan Arus Kas (lanjutan)                                                               Statements Of Cash Flow
Untuk Tahun yang Berakhir yang Berakhir pada                                                   For the Years Ended
Tanggal-tanggal 31 Desember 2024 dan 2023                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam jutaan Rupiah,                                (Figures are presented in million Rupiah
Kecuali dinyatakan lain)                                                                   unless otherwise stated)




                                               2024               2023

Pembelian aset tetap                             (49.305)           (45.775) Purchase of fixed assets
                                                                             Proceeds from sale of fixed
Hasil penjualan aset tetap                        23.817             22.395    assets
Pembelian piranti lunak                                            (150.766) Purchase of software
Penurunan penyertaan saham                  (1.028.809)           1.280.565 Decrease in investment in shares

Kas neto diperoleh dari (digunakan)                                             Net cash provided by (used in)
  untuk aktivitas investasi                    2.020.917         (10.834.703)     investing activities

ARUS KAS DARI                                                                 CASH FLOWS FROM
  AKTIVITAS PENDANAAN                                                           FINANCING ACTIVITIES
Penerimaan dari surat-surat                                                   Receipts from marketable
  berharga yang dijual dengan                                                   securities sold with
  janji dibeli kembali                     64.282.780              8.907.903    agreement to repurchase
Pembayaran atas jatuh tempo                                                   Payments of matured
  surat-surat berharga yang dijual                                              marketable securities sold with
  dengan janji dibeli kembali              (61.385.463)           (8.907.903)   agreement to repurchase
Penerimaan dari pinjaman                                                      Proceeds from
  yang diterima                              6.311.135             1.246.361    borrowings
Pembayaran pinjaman yang diterima           (4.205.755)             (724.234) Payment of borrowings
Penerimaan modal dari Penawaran                                               Receipts from Limited Public
  Umum Terbatas VII                                    -           8.939.339    Offering VII
Penerimaan atas global                                                        Receipts from senior global
  obligasi senior                              4.794.662                   -    bonds issuance
Pembayaran atas penerbitan                                                    Payment of subordinated
  surat berharga yang diterbitkan           (2.405.000)                    -    bonds issuance

Kas neto diperoleh dari                                                         Net cash provided by
  aktivitas pendanaan                          7.392.359          9.461.466       financing activities

PENINGKATAN (PENURUNAN)                                                       NET INCREASE (DECREASE)
  NETO KAS DAN                                                                   IN CASH AND
  SETARA KAS                                    966.057          (11.988.218)    CASH EQUIVALENTS
Pengaruh perubahan kurs                                                       Effect of foreign currency
  mata uang asing                               (326.679)            (48.240)    exchange rate changes

KAS DAN SETARA KAS                                                              CASH AND CASH EQUIVALENTS
  AWAL TAHUN                                   4.016.224         16.052.682       AT BEGINNING OF YEAR

KAS DAN SETARA KAS                                                              CASH AND CASH EQUIVALENTS
  AKHIR TAHUN                                  4.655.602          4.016.224       AT END OF YEAR

Kas dan setara kas terdiri dari:                                            Cash and cash equivalents consist of:
Kas                                              330.502            254.501 Cash
                                                                            Current accounts with
Giro pada Bank Indonesia                       2.301.999          2.655.765 Bank Indonesia
Giro pada bank lain                              428.273            367.341 Current accounts with other banks
Penempatan pada                                                             Placements with Bank Indonesia
  Bank Indonesia dan bank lain yang                                           and other banks with original
  jatuh tempo dalam 3 bulan atau kurang                                       maturities of 3 months or less
  sejak tanggal perolehan                      1.594.828            738.617   from acquisition date

Total                                          4.655.602          4.016.224 Total




                                                       - 232 -
Page 723
Lampiran 5                                                                                                          Attachment 5

PT BANK KB BUKOPIN TBK                                                                            PT BANK KB BUKOPIN TBK
(ENTITAS INDUK SAJA)                                                                                          (PARENT ONLY)
Pengungkapan Lainnya                                                                                         Other Disclosure
Untuk Tahun yang Berakhir pada Tanggal                                                  For the Year Ended December 31, 2024
31 Desember 2024                                                                      (Figures are presented in million Rupiah
(Angka-angka disajikan dalam jutaan Rupiah,                                                           unless otherwise stated)
kecuali dinyatakan lain)


 1. Laporan Keuangan Tersendiri                                         1.   Separate Financial Statements

     Laporan posisi keuangan, laporan laba rugi dan                          Statements of financial position, statements of
     penghasilan komprehensif lain, laporan perubahan                        profit or loss and other comprehensive income,
     ekuitas dan laporan arus kas Entitas Induk adalah                       changes in equity and cash flows of the Parent are
     laporan keuangan tersendiri yang merupakan                              separate financial statements which represents
     informasi   tambahan   atas   laporan   keuangan                        additional information to the consolidated financial
     konsolidasian.                                                          statements.

 2. Daftar Investasi Pada Entitas Anak                                   2. Schedule Of Investment In Subsidiaries

                                                             31 Desember/December 31, 2024

                                                            Biaya
                                                          perolehan                                                Biaya
                                       Persentase        1 Jan. 2024/                                           Perolehan
                                      Kepemilikan/       Acquisition                                           31 Des. 2024/
             Nama Entitas/            Percentage of          Cost            Penambahan/     Pengurangan/     Carrying Value
              Entity Name              Ownership         Jan. 1, 2024         Additions       Deductions       Dec. 31, 2024

     PT KB Bukopin Finance                      99,24%        791.165                   -         (291.098)          500.067
     PT Bank KB Bukopin Syariah                 95,92%      1.522.000                   -         (737.696)          784.304

     Total                                                  2.313.165                   -       (1.028.794)        1.284.371

     Akumulasi amortisasi dan penurunan nilai
     goodwill/ Accumulated amortization and
     impairment losses of goodwill                                                                                  (106.229)

                                                                                                                   1.178.142


                                                             31 Desember/December 31, 2023

                                                            Biaya
                                                          perolehan                                                Biaya
                                       Persentase        1 Jan. 2023/                                           Perolehan
                                      Kepemilikan/       Acquisition                                           31 Des. 2023/
             Nama Entitas/            Percentage of          Cost            Penambahan/     Pengurangan/     Carrying Value
              Entity Name              Ownership         Jan. 1, 2023         Additions       Deductions       Dec. 31, 2023

     PT KB Bukopin Finance                      99,24%        190.600             600.565                 -          791.165
     PT Bank KB Bukopin Syariah                 95,92%        842.000             680.000                 -        1.522.000

     Total                                                  1.032.600           1.280.565                 -        2.313.165

     Akumulasi amortisasi dan penurunan nilai
     goodwill/ Accumulated amortization and
     impairment losses of goodwill                                                                                  (106.229)

                                                                                                                   2.206.936




                                                              - 233 -
Page 724
                 Strategic
 Annual Report
                 Transformation
                 for Sustainable
20               and Inclusive
24               Growth




PT Bank KB Bukopin Tbk

Kantor Pusat
Gedung KB Bank
                                                    www.kbbukopin.com
Jl. M.T. Haryono Kav. 50-51 Jakarta Selatan 12770
     +6221-7988266, 7989837
     corsec@kbbukopin.com                                     kbbukopin

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Names mentioned 268 people and organisations named in the text · linked when the evidence is strong

linked org Bank KB Bukopin Tbk p.1 ×561
linked org Kookmin Bank p.6 ×34
linked org Bank Mandiri p.21 ×6
linked person Im Jang Hyuk · Director p.22 ×11
linked org Sukses Makmur p.23
linked person Robby Mondong · Vice President Director p.23 ×23
linked person Woo Yeul) Lee · President Director p.24 ×18
linked org Sinarmas Land p.26
linked org Sejahteraraya Anugrahjaya Tbk p.27 ×2
linked person Henry Sawali · Director p.27 ×14
linked person Helmi Fahrudin p.28 ×14
linked person Jerry Marmen · Komisaris Utama p.36 ×13
linked person Nam Hoon Cho · Wakil Komisaris Utama p.39 ×3
linked person Eugene K. Galbraith · Independent Commissioner p.39 ×5
linked person Sukriansyah S. Latief · Independent Commissioner p.39 ×7
linked person Nanang Supriyatno · Komisaris p.39 ×9
linked person Tippy Joesoef · Komisaris Independen p.39 ×14
linked person Hae Wang Lee · Komisaris Independen p.39 ×11
linked person Stephen Liestyo · Komisaris Independen p.39 ×14
linked person Yohanes Suhardi p.47 ×6
linked person Dodi Widjajanto p.48 ×11
linked org KB Valbury p.49 ×2
linked org STIC Eugene Star Holdings p.57 ×3
linked org KB Finansia Multi Finance p.68 ×6
linked org Citibank NA p.75
linked org Bank Danamon p.75
linked — Standard Chartered p.75
linked org Bank Maybank Indonesia Tbk p.76 ×2
linked org PT Sarana Menara Nusantara p.77 ×3
linked org Bank Central Asia p.77 ×3
linked org Bank CIMB Niaga Tbk p.81 ×2
linked org PT Bank Permata p.81
linked org Bank OCBC NISP Tbk p.81 ×2
linked person SEGON PARK p.88
linked org STIC Eugene Star Holding p.101 ×3
linked org Bank of Singapore p.101 ×2
linked org KB Valbury Sekuritas. p.101 ×3
linked org Koperasi Simpan p.101 ×2
linked person Eugene Keith Galbraith · Komisaris Independen p.501 ×2
linked person Dewi Anggesty Sah Bandar · Anggota p.502 ×2
linked person Jacobus Sindu Adisuwono · Anggota p.502 ×2
linked org Bank Danamon Indonesia Tbk p.621 ×3
linked org Dana Pensiun p.642 ×2
possible org Bank KB Bukopin's p.7
possible person Seng Hyup Shin · Director p.22 ×15
possible person Ahmad Dahlan p.23 ×3
possible org PT APP Purinusa Ekapersada p.26
possible — Jonathan Tahir p.27
possible person Jang Hyuk Im · Director p.47 ×2
possible person Young Eun Moon · Director p.47 ×6
possible person Jung Ho Han · Direktur Strategi p.48 ×14
possible — Morgan Stanley. p.50
possible org Ariz Dian Perkasa p.57 ×2
possible — Pelindo Jasa p.77
possible org Bank Negara Indonesia (Persero) Tbk p.80 ×4
possible org Otoritas Jasa Keuangan p.502 ×5
unresolved org Financial Services Authority p.3 ×9
unresolved org Bank KB p.6 ×5
unresolved org Bank Indonesia p.14 ×16
unresolved org Bank Bukopin Sustainable p.21
unresolved org PT Bank Mandiri Subordinated p.21 ×2
unresolved org PT Bank Mandiri Sustainable Senior p.21
unresolved org Bank KB Bukopin Sustainable Indonesia p.21
unresolved org PT Bank Mandiri Stock p.21
unresolved org Bank Officially Becomes p.22
unresolved org Bank Collaborates p.23 ×2
unresolved org PT Reksa Transaksi Sukses Makmur p.23
unresolved org Bank Deputy p.23
unresolved person Dr. Yayat Sujatna p.23 ×2
unresolved org Bank Holds Customer Gathering p.24
unresolved org Bank Ramadan Safari p.24
unresolved org Bank Expands Access p.24
unresolved org Bank President Director Tom p.24
unresolved org PT Fitch Ratings Indonesia p.24
unresolved org Bank Deputy President Director Robby Mondong p.24 ×5
unresolved org Bank Holds Halal p.25
unresolved org PT Daimler Commercial Vehicles Indonesia p.25
unresolved org Bank Distributes Credit Financing p.25
unresolved org PT Pabrik Gula Rajawali II p.25
unresolved org PT Mata Langit Solusindo p.25
unresolved org PT INKA Multi Solusi KB Bank p.26
unresolved org PT INKA Multi Solusi p.26
unresolved org PT IMS p.26 ×2
unresolved org Bank Distributes IDR p.26
unresolved org Bank Perekonomian Rakyat KB Bank p.26
unresolved org PT BPR Modern Express p.26
unresolved org Bank International Rating Equal p.27
unresolved org Bank Signs Cooperation p.27
unresolved org Bank Explains Performance Growth p.27
unresolved org Bank KB Bank p.28 ×2
unresolved org PT Kustodian Sentral Efek Indonesia p.28
unresolved org Bank Pioneers AI-Based Credit Assessment p.28
unresolved org Bank Receives Appreciation p.28
unresolved org PT Rintis Sejahtera p.28
unresolved org PT Rintis Sejahtera Suryono Hidayat p.28
unresolved org Bank Director Helmi Fahrudin p.28
unresolved org Bank Supports Literacy p.29
unresolved org Bank Holds Financial Adventure p.29
unresolved org Bank Holds p.29
unresolved org Bank Customer Saranghae p.29
unresolved org Bank Supports MSMEs p.30
unresolved org Bank President Director Tom Lee p.30
unresolved org Bank Successfully Issues First Global Bonds Worth USD p.30
unresolved org Bank Again Achieves AAA Rating p.31
unresolved org Bank Strengthens Partnership p.32
unresolved org PT Tripatra Engineers p.32
unresolved org Bank Records Hyundai Car Pre-Order Financing p.32
unresolved person Annual GMS · President Commissioner p.39 ×7
unresolved org Bukopin Tbk p.43 ×5
unresolved org Bank Russia p.43
unresolved org Bank Organizational Structure p.48
unresolved org PT Mata Langit p.48
unresolved org Bank Human Resource Development p.50
unresolved org Indonesia Stock Exchange p.57 ×2
unresolved org PT KB Bukopin Finance p.57 ×8
unresolved org PT Bank KB Bukopin Syariah p.57 ×2
unresolved org Bank Facebook p.57
unresolved org Bank Instagram p.57
unresolved org PT Indo Trans Buana Multi Finance Indonesia p.58
unresolved org PT Bukopin Finance p.58 ×2
unresolved org Directorate General of Cooperatives p.58 ×2
unresolved org PT Bank Persatuan Indonesia p.58
unresolved org Minister of Finance p.58
unresolved org PT Bank Persyarikatan Indonesia p.58 ×2
unresolved org PT Bank Syariah Bukopin. Since p.58
unresolved org Ministry of Law and Human Rights p.58 ×2
unresolved org Bank Bukopin Tbk. p.58 ×22
unresolved person Notary Muhani Salim p.59
unresolved org Bank Umum Koperasi Indonesia p.60
unresolved org PT Bank Syariah Bukopin p.60 ×6
unresolved org PT Indo Trans Buana Multifinance p.60
unresolved org PT Bank Syariah Bukopin’s p.60
unresolved org PT Bosowa Corporindo p.61 ×2
unresolved org Bank Bukopin Phase I p.61
unresolved org Bank Bukopin’s Medium Term Notes p.61
unresolved org Bank Bukopin Continuous Subordinated Bonds II Phase II p.61
unresolved org Bank KB Kookmin p.61
unresolved — PERBANAS p.62
unresolved org Deposit Insurance Agency p.62
unresolved — Association of Indonesian Issuers (AEI) p.62
unresolved org Indonesian Payment Systems Association (ASPI) p.62
unresolved — Alternative Dispute Resolution Institute (LASP) p.62
unresolved — Banking Compliance Director Communication Forum (FKDKP) p.62
unresolved org Bank Indonesia Certificate p.64
unresolved org Bank Rupiah Demand Deposits p.65
unresolved org Bank Forex Demand Deposits. p.65
unresolved org Bank Standby Savings p.66
unresolved org Bank Cooperation Standby Savings p.66
unresolved org Bank Plan Standby Savings p.66
unresolved org Bank Business Standby Savings p.66
unresolved org Bank Premium Alert Savings p.66
unresolved org Bank Savings p.66
unresolved org KPEI p.66
unresolved org Bank Pension Standby Savings p.66
unresolved org Bank Rupiah Deposits p.66
unresolved org Bank Foreign Currency Deposits p.66
unresolved org Bank Guarantees p.66
unresolved org Ministry of Finance p.67 ×2
unresolved org PT MSIG Life Insurance Indonesia Bill p.67
unresolved org Bapepam p.67 ×2
unresolved org Bank Priority p.67 ×4
unresolved org Bank Cultural Values KB Bank p.71
unresolved person Deputy · President Commissioner p.74 ×6
unresolved org PT. Asuransi Jasa Indonesia Work Experience (Persero) p.74
unresolved org PT Proteksi Antar Nusa p.74 ×2
unresolved org PT Risk Frontier p.74
unresolved org PT Satu Gen Indonesia p.75 ×2
unresolved org PT Bosowa p.75
unresolved org PT Bosowa Beton Indonesia p.75
unresolved org PT Semen Bosowa p.75
unresolved org PT Sol Mitra Fintec p.76
unresolved org PT Prismalink p.76
unresolved org Foreign Lawyer MR&Partners p.76
unresolved org PT Wahana p.76
unresolved org APEX LLC p.76
unresolved org PT Pelindo Jasa Maritim p.77
unresolved org Bank Pictet p.77
unresolved org PT Media Fajar Holding p.77
unresolved org PT Pelindo IV Makassar p.77
unresolved org Bank OCBC p.77
unresolved person Vice · President Director p.79 ×6
unresolved org Niaga Tbk p.79 ×3
unresolved org PT Bank Resource Officer KB Financial Group p.79
unresolved org Bank Negara Bukopin Tbk p.80 ×2
unresolved org Indonesia (Persero) Tbk p.80
unresolved org PT Sahabat Financial Keluarga p.81
unresolved org Permata Tbk p.81
unresolved org Bank OCBC Indonesia p.81
unresolved org KB Financial Group Inc. p.82 ×2
unresolved org KB Securities Co., Ltd p.83
unresolved person DRS. RIDWAN W. JULIANTO SAM IV SME DIVISION p.86
unresolved org Bank Share Ownership As p.100
unresolved org Foreign Corporation p.100 ×18
unresolved org Foreign Corporation STIC Eugene Star Holding Inc p.101 ×2
unresolved org PT Jasa Investindo p.101 ×2
unresolved org Singapore Limited p.101 ×2
unresolved org Koperasi Perkayuan APKINDO-MPI p.101 ×2
unresolved org Institutional Total International General Resources Asia Limited p.101
unresolved org Foreign Corporation New Luck Holdings Limited p.101 ×2
unresolved org Koperasi Simpan Pinjam Jasa p.101 ×2
unresolved org General Resources Asia Limited p.102
unresolved org PT Berlian Tambang Indonesia p.102
unresolved org Foreign Corporation STIC Eugene Star Holdings Inc. p.102 ×2
unresolved — Cooperative p.103
unresolved org Pension Fund p.103
unresolved org Mutual Funds p.103
unresolved org IV Limited p.106
unresolved org VI Limited p.107
unresolved org BAPEPAM-LK p.107 ×6
unresolved org HMETD. Limited p.107 ×4
unresolved org Bank Bukopin Jakarta Employee p.107
unresolved org Bank Bukopin II Series p.109
unresolved org Bank Bukopin II Series B Subordination p.109
unresolved org Bank Bukopin Syariah Mudharabah p.109
unresolved org Public Star Holding Inc p.110
unresolved org Bank Syariah p.110
unresolved — (Sheets) · Shareholder Name p.110
unresolved person Byoung Gon · Senior Managing Director p.112
unresolved person Young Sei · Senior Managing Director p.112
unresolved — Park Chan Yong · Senior Managing Director p.112
unresolved — Seo Young Ik · Senior Managing Director p.112
unresolved — Oh Sang Won · Senior Managing Director p.112
unresolved — Lew Chang Beom · Senior Managing Director p.112
unresolved — Yook Chang Hwa · Senior Managing Director p.112
unresolved — Lee Seong Hee · Senior Managing Director p.112
unresolved — Lee Youung Jig · Senior Managing Director p.112
unresolved — Lee Jong Min · Senior Managing Director p.112
unresolved — Lee Taek Yeon · Senior Managing Director p.112
unresolved — Lee Hyeok · Senior Managing Director p.112
unresolved — Jang Yeon Soo · Senior Managing Director p.112
unresolved — Jeong Mun Cheol · Senior Managing Director p.112
unresolved — Jeong Jin Ho · Senior Managing Director p.112
unresolved — Choi Seok Mun · Senior Managing Director p.112
unresolved org KB Bukopin Tbk p.500
unresolved org Kementerian Hukum Dan Hak Asasi Manusia p.500
unresolved org Kementerian Hukum Dan Hak Asasi p.500
unresolved org Ministry of Law p.500
unresolved org Kookmin Ltd. p.500
unresolved person Nanang Supriyanto · Komisaris p.501
unresolved person Notary Tan A Sioe p.504 ×2
unresolved person Akta Notaris Linsia p.504
unresolved person Linsia p.504
unresolved org PT Bukopin Finance Finance p.504
unresolved person Notary Aulia Taufani · Notaris p.630 ×3
unresolved org Minister of Justice and Human Rights p.630
unresolved org Dana Pensiun Lembaga Keuangan p.642
unresolved org Bank KB Kookmin Bank p.646
unresolved org PT Sunindo KB Finance p.646 ×2
unresolved org PT Sunindo KB Finance Direksi p.646
unresolved org KB Kookmin Bank Co., Ltd p.647
unresolved org PT Haka Sarana Investama p.647
unresolved org PT Bosowa Berlian Motor p.647
unresolved org PT Bosowa Amal Taksi p.647
unresolved org PT Mallomo p.647
unresolved org PT Bosowa Utama p.647
unresolved org PT Makassar Capital p.647
unresolved org PT Bosowa Tambang Indonesia p.647
unresolved org PT KB Finansial Multi Finance p.647
unresolved org PT Kurnia Oryza Abadi p.647
unresolved org PT Dalle Mineral Papua p.647
unresolved org PT KB Valbury Sekuritas Dikendalikan p.647
unresolved org PT Gerin Surya Gemilang Dana p.647
unresolved org Dana Pensiun Bank KB Bukopin Manajemen p.647
unresolved org Bank Guarantees Pihak p.648
unresolved org Bank Problems p.651

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