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Page 1
DARE
TO WIN




 PT Maybank Indonesia Finance berizin dan diawasi oleh Otoritas Jasa Keuangan (OJK).
Page 2
Sanggahan dan Batasan Tanggung Jawab
Disclaimer and Scope of Responsibilities


Laporan Tahunan 2024 PT Maybank Indonesia Finance         The 2024 Annual Report of PT Maybank Indonesia
(yang selanjutnya disebut “Maybank Finance” atau          Finance (hereinafter referred to as “Maybank Finance”
“Perseroan”) disusun berdasarkan Peraturan Otoritas       or “the Company”) is prepared based on OJK Regulation
Jasa Keuangan No. 29/POJK.04/2016 tentang Laporan         No. 29/POJK.04/2016 on Annual Report of Issuers or
Tahunan Emiten atau Perusahaan Publik dengan              Public Companies with content based on OJK Circular
muatan konten berdasarkan Surat Edaran Otoritas           No. 16/SEOJK.04/2021 on Form and Content of the
Jasa Keuangan No. 16/SEOJK.04/2021 tentang Bentuk         Annual Report of Issuers or Public Companies.
dan Isi Laporan Tahunan Emiten atau Perusahaan
Publik.

Laporan ini memuat informasi terkait kinerja finansial    This report contains information on the financial and
dan nonfinansial Perseroan selama periode 1 Januari       non-financial performances of the Company for the
2024 hingga 31 Desember 2024 yang disertai dengan         period January 1, 2024 to December 31, 2024,
perbandingan kinerja tahun-tahun sebelumnya.              accompanied by a comparison of performance in
Selain itu, Laporan Tahunan ini juga menyajikan           previous years. In addition, this Annual Report also
informasi terkait pandangan ataupun ekspektasi            presents information related to the Company’s view
Perseroan di tahun selanjutnya yang disusun               or expectations in the following year which are
berdasarkan pernyataan-pernyataan prospektif dan          prepared based on prospective statements and
berbagai asumsi mengenai kondisi mendatang                various assumptions regarding the future conditions
Perseroan serta lingkungan bisnis yang terkait sehingga   of the Company, as well as the related business
dapat mengakibatkan perkembangan aktual secara            environment, so that actual developments may differ
material berbeda dari yang dilaporkan. Oleh karena        materially from those reported. Therefore, the Company
itu, Perseroan mengimbau agar pemangku kepentingan        urges stakeholders to use this information judiciously
dapat menggunakan informasi tersebut secara bijak         in making decisions.
dalam pengambilan keputusan.
Page 3
Tema dan Cerita Sampul
Theme and Cover Story




Tahun 2024 menjadi momentum bagi PT Maybank             The year 2024 is a momentum for PT Maybank
Indonesia Finance (selanjutnya disebut "Perseroan")     Indonesia Finance (hereinafter referred to as the
untuk terus melangkah maju dengan semangat              “Company”) to continue moving forward with courage
keberanian dan keyakinan dalam menghadapi               and confidence in facing challenges. The theme Dare
tantangan. Tema Dare to Win, I’m Possible               to Win, I'm Possible reflects the Company's commitment
mencerminkan komitmen Perseroan dalam mendorong         to encouraging innovation, increasing competitiveness,
inovasi, meningkatkan daya saing, dan menciptakan       and creating new opportunities amid the dynamics
peluang baru di tengah dinamika industri pembiayaan.    of the financing industry.

Dare to Win, menggambarkan keberanian Perseroan         Dare to Win, illustrates the Company's courage in
dalam mengambil langkah strategis yang berorientasi     taking strategic steps aimed at sustainable growth.
pada pertumbuhan berkelanjutan. Melalui visi yang       Through a strong vision, solid business resilience, and
kuat, ketahanan bisnis yang solid, serta adaptasi       adaptation to technological developments and
terhadap perkembangan teknologi dan kebutuhan           market needs, the Company continues to optimize
pasar, Perseroan terus mengoptimalkan kinerja guna      performance to achieve better results.
mencapai hasil yang lebih baik.

I’m Possible,mencerminkan keyakinan bahwa tidak         I'm Possible, reflects the belief that there are no limits
ada batasan dalam mencapai keberhasilan. Perseroan      to achieving success. The Company believes that
percaya bahwa dengan kolaborasi, inovasi, dan           with collaboration, innovation, and high commitment,
komitmen tinggi, setiap tantangan dapat diubah          every challenge can be turned into an opportunity.
menjadi peluang. Nilai ini selaras dengan budaya        This value is in line with a work culture that encourages
kerja yang mendorong mentalitas positif, ketangguhan,   a positive mentality, resilience, and the spirit to continue
dan semangat untuk terus berkembang.                    developing.

Melalui semangat tersebut, Perseroan menegaskan         Through this spirit, the Company affirms its commitment
komitmennya untuk memberikan solusi pembiayaan          to providing innovative financing solutions, increasing
yang inovatif, meningkatkan kepuasan pelanggan,         customer satisfaction, and strengthening its position
serta memperkuat posisinya sebagai mitra keuangan       as a trusted financial partner in Indonesia.
yang terpercaya di Indonesia.



                                                                                                                       3
Page 4
    Keunggulan Kompetitif
    Competitive Advantage




               Bunga Kompetitif                   Proses Kredit yang Cepat dan Fleksibel
             Competitive Interest Rate                 Fast and Flexible Loan Process

       Maybank Finance senantiasa memberikan            Maybank Finance berupaya untuk
        layanan terbaik bagi pelanggan dengan        menyederhanakan dan mempercepat
                bunga yang kompetitif.              proses kredit untuk memenuhi kebutuhan
                                                    pelanggan sesuai dengan ketentuan yang
       Maybank Finance always provides the best                      berlaku.
        service for customers with competitive
                     interest rates.                 Maybank Finance strives to simplify and
                                                      accelerate the credit process to meet
                                                       customer needs in accordance with
                                                             applicable regulations.




           Laporan Tahunan
4   2024   Annual Report
Page 5
Pencapaian 2024
Achievement in 2024


  Total Aset
  Total Assets

  Rp8,24 triliun I trillion
  2,02%




                                                                 Total Ekuitas
                                                                  Total Equity

                                                       Rp3,98 triliun I trillion
                                                                         7,45%




  Laba Tahun Berjalan
  Income for the Year

  Rp452,15 miliar I billion
  1,88%




                              Total Penghasilan Komprehensif Tahun Berjalan
                                      Total Comprehensive Income for the Year

                                                   Rp453,00 miliar I billion
                                                                         2,23%




                                                                                   5
Page 6
    Daftar Isi
    Table of Content

    Sanggahan dan Batasan Tanggung Jawab
    Disclaimer and Scope of Responsibilities   2
                                                                 Profil Perusahaan
    Tema dan Cerita Sampul
                                               3                 Company Profile
    Theme and Cover Story
    Keunggulan Kompetitif
                                               4    Identitas Perusahaan
    Competitive Advantage
                                                    Corporate Identity                                    40
    Pencapaian 2024
                                               5    Jejak Langkah
    Achievement in 2024
                                                    Milestones                                            42
    Daftar Isi
                                               6    Riwayat Singkat
    Table of Content
                                                    Brief History                                         44

                                                    Visi dan Misi Perusahaan
                                                    Corporate Vision and Mission                          45
              Ikhtisar Keuangan                     Nilai-Nilai Perusahaan
              Financial Highlight                   Corporate Values                                      46

                                                    Bidang Usaha
                                                    Line of Businesses                                    47
    Ikhtisar Kinerja Keuangan
    Financial Performance Highlights           12   Produk dan Jasa
                                                    Products and Services                                 48
    Ikhtisar Kinerja Operasional
    Operational Performance Highlights         14   Wilayah Operasional
                                                    Operational Areas                                     49
    Ikhtisar Saham
    Stock Highlights                           15   Struktur Organisasi
                                                    Organizational Structure                              50
    Ikhtisar Obligasi
    Bonds highlights                           15   Perubahan Komposisi Dewan Komisaris dan Direksi
                                                    Changes in the Composition of the Board of            52
    Kronologi Pencatatan Obligasi
                                               16   Commissioners and Board of Directors
    Bonds Listing Chronology
                                                    Profil Dewan Komisaris
    Penghargaan Tahun 2024
                                                    Profile of the Board of Commissioners                 55
    Awards in 2024                             18
                                                    Profil Direksi
                                                    Profile of the Board of Directors                     59

                                                    Profil Dewan Pengawas Syariah
              Laporan Manajemen                     Profile of the Sharia Supevisory Board                63
              Management Report                     Profil Komite Audit
                                                    Profile of the Audit Committee                        65

    Laporan Dewan Komisaris                         Profil Komite Nominasi dan Remunerasi
                                               23   Profile of Nomination and Remuneration Committee      67
    The Board Of Commissioners' Report
    Laporan Direksi                                 Profil Komite Pemantau Risiko
                                               31   Profile of Risk Supervisory Committee                 69
    The Board Of Director’s Report
                                                    Profil Organ Pendukung Direksi
                                                    Profile of the Board of Directors’ Supporting Organ   70

                                                    Profil Kepala Audit Internal
                                                    Profile of Head of Internal Audit                     77

                                                    Profil Sekretaris Perusahaan
                                                    Profile of Corporate Secretary                        78

                                                    Profil Pejabat Eksekutif
                                                    Profile of Executive Officers                         78

                                                    Informasi Pemegang Saham
                                                    Information on Shareholders                           80

                                                    Pemegang Saham Utama dan Pengendali
                                                    Majority and Controlling Shareholders                 82




               Laporan Tahunan
6   2024       Annual Report
Page 7
Struktur Korporasi                                              Program Kepemilikan Saham oleh Manajemen dan/
Corporate Structure                                       83    atau Karyawan
                                                                Management and/or Employees Share Ownership                140
Informasi Grup Perusahaan
Information on the Company’s Group                        83    Program

Entitas Anak, Perusahaan Asosiasi, dan Perusahaan               Ikatan Material Terkait Investasi Barang Modal
Ventura                                                         Material Commitment Related to Investment in Capital       141
                                                          84
Subsidiary, Associated Company, and Joint Venture               Good

Alamat Kantor Cabang dan Kantor Perwakilan                      Informasi Material Terkait Investasi, Ekspansi,
Addresses of Branch Offices and Representative Offices    85    Divestasi, Penggabungan/Peleburan Usaha, Akuisisi,
                                                                dan Restrukturisasi Utang/Modal
Lembaga dan Profesi Penunjang Pasar Modal                       Material Information Regarding Investment, Expansion,      141
Capital Market Supporting Institutions and Professions    89
                                                                Divestment, Merger/Consolidation, Acquisition, and Debt/
Akses Informasi Perusahaan                                      Capital Restructuring
Access of the Company’s Information                       90
                                                                Transaksi dengan Pihak Berelasi dan Transaksi yang
Informasi pada Situs Web Perusahaan                             Mengandung Benturan Kepentingan
                                                          91    Transactions with Related Parties and Transactions         142
Information on the Company’s Website
                                                                Containing Conflict of Interest
                                                                Perbandingan Target dan Realisasi 2024
                                                                Comparison Between Target and Realization in 2024          146
            Pendukung Bisnis                                    Prospek Usaha 2025
            Business Support                                    Business Prospect for 2025                                 147

                                                                Proyeksi 2025
                                                                Projection for 2025                                        148
Sumber Daya Manusia
Human Resources                                           94
                                                                Perubahan Peraturan Perundang-Undangan yang
Teknologi Informasi                                             Berpengaruh Signifikan bagi Perusahaan
                                                          118   Amendment to Laws and Regulations Affecting the            149
Information Technology
                                                                Company Significantly
                                                                Perubahan Kebijakan Akuntansi
                                                                Changes in Accounting Policy                               149
            Analisis dan Pembahasan Manajemen                   Informasi Material Setelah Tanggal Laporan
            Management Discussion and Analysis                  Keuangan
                                                                Material Information After the Date of Financial           149
                                                                Statement
Tinjauan Perekonomian
Economic Review                                           122

Tinjauan Industri
Industry Review                                           123               Tata Kelola Perusahaan
Tinjauan Operasional                                                        Good Corporate Governance
Operational Review                                        124

Strategi Pengembangan Usaha                                     Komitmen Penerapan Tata Kelola Perusahaan
Business Development Strategy                             127
                                                                Commitment to The Implementation of Good Corporate         152
Aspek Pemasaran                                                 Governance
Marketing Aspect                                          128
                                                                Struktur Tata Kelola Perusahaan
                                                                Corporate Governance Structure                             156
Tinjauan Keuangan
Financial Review                                          128
                                                                Pemegang Saham
                                                                Shareholders                                               157
Struktur Modal
Capital Structure                                         138
                                                                Rapat Umum Pemegang Saham
                                                                General Meeting of Shareholders                            158
Realisasi Penggunaan Dana Hasil Penawaran Umum
Realization of the Use of Proceeds from Public Offering   139
                                                                Dewan Komisaris
                                                                The Board of Commissioners                                 174
Kebijakan dan Pembagian Dividen
Policy and Dividend Distribution                          140
                                                                Direksi
                                                                The Board of Directors                                     188




                                                                                                                                 7
Page 8
    Dewan Pengawas Syariah                                     Transparansi Kondisi Keuangan dan Nonkeuangan
    Sharia Supervisory Board                             202   Lainnya
                                                               Transparency of Other Financial and Nonfinancial         267
    Kebijakan Remunerasi Dewan Komisaris, Direksi, dan
    Dewan Pengawas Syariah                                     Conditions
    Remuneration Policy of the Board of Commissioners,   210
    Board of Directors, and Sharia Supervisory Board
    Organ Pendukung Dewan Komisaris
                                                         212              Tanggung Jawab Sosial Perusahaan
    Supporting Organs of the Board of Commissioners
                                                                          Corporate Social Responsibility
    Organ Pendukung Direksi
    Supporting Organs of the Board of Directors          229
                                                               Komitmen Tanggung Jawab Lingkungan Hidup
    Sekretaris Perusahaan                                      Environmental Responsibility Commitment                  271
    Corporate Secretary                                  231
                                                               Tanggung Jawab terhadap Ketenagakerjaan,
    Unit Audit Internal                                        Kesehatan dan Keselamatan Kerja
    Internal Audit Unit                                  234                                                            273
                                                               Responsibility to Employment, Occupational Health and
    Sistem Pengendalian Internal                               Safety
    Internal Control System                              244
                                                               Tanggung Jawab terhadap Pengembangan Sosial dan
    Sistem Manajemen Risiko                                    Kemasyarakatan                                           276
    Risk Management System                               246   Responsibility to Social and Community Development
    Akuntan Publik                                             Tanggung Jawab terhadap Debitur
                                                         253   Responsibility to Customers                              278
    Public Accountant
    Pengadaan Barang dan Jasa                                  Surat Pernyataan Dewan Komisaris dan Direksi
    Procurement of Goods and Services                    255   Tentang Tanggung Jawab atas Laporan Tahunan 2024
                                                               PT Maybank Indonesia Finance
    Kode Etik                                                                                                           279
    Code of Conduct                                      256   Statement of the Board of Commissioners and the Board
                                                               of Directors on the Responsibility for the 2024 Annual
    Penanganan Benturan Kepentingan                            Report of PT Maybank Indonesia Finance
    Handling of Conflict of Interest                     257

    Fungsi Kepatuhan
    Compliance Function                                  258
                                                                          Laporan Keuangan
    Program Anti Pencucian Uang dan Pencegahan
    Pendanaan Terorisme                                                   Financial Statement
    Anti-Money Laundering and Terrorism Financing        261
    Prevention Program
    Manajemen Anti Fraud
    Anti-Fraud Management                                262

    Pemberian Dana Kegiatan Politik
    Provision of Funds for Political Activities          262

    Permasalahan Hukum
    Legal Cases                                          262

    Perkara Penting yang Dihadapi oleh Dewan Komisaris
    dan Direksi yang Sedang Menjabat
    Important Cases Faced by the Current Board of        263
    Commissioners and Board of Directors
    Pengendalian Gratifikasi
    Gratuity Control                                     263

    Sanksi Administratif
    Administrative Sanction                              263

    Sistem Pelaporan Pelanggaran
    Whistleblowing System                                264

    Rencana Strategis
    Strategic Plan                                       266




                Laporan Tahunan
8   2024        Annual Report
Page 9
9
Page 10

          
Page 11

          
Page 12
     Ikhtisar Kinerja Keuangan
     Financial Performance Highlights

                                                                              Dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                  In million Rupiah, unless otherwise stated

              Uraian               2024            2023         2022         2021          2020              Description


     Laporan Posisi Keuangan | Statement of Financial Position

     Total Aset                   8.240.096       8.076.958    7.352.992    7.074.604     6.879.938 Total Assets

     Total Liabilitas             4.264.979        4.377.321   3.920.265    4.082.693     4.270.177 Total Liabilities

     Total Ekuitas                 3.975.117      3.699.637    3.432.727     2.991.911    2.609.760 Total Equity

     Total Liabilitas dan                                                                              Total Liabilities and
                                  8.240.096       8.076.958    7.352.992    7.074.604     6.879.938
     Ekuitas                                                                                           Equity

     Laporan Laba Rugi dan Penghasilan Komprehensif Lain
     Statement of Profit or Loss and Other Comprehensive Income

     Pendapatan                      1.114.172    1.099.845     1.036.163    1.031.127     1.159.022 Revenues

     Beban                          530.818        528.030      469.778      539.843        687.109 Expenses

     Laba Sebelum Pajak                                                                             Income before Final
     Final dan Pajak                583.354         571.815     566.385       491.284       471.913 Tax and Income Tax
     Penghasilan                                                                                    Expense

     Beban Pajak Final                (498)           (503)        (407)        (731)       (1.885) Final Tax Expense

     Laba Sebelum beban                                                                                Income before Income
                                    582.856          571.312    565.978      490.553       470.028
     Pajak Penghasilan                                                                                 Tax Expense

     Beban Pajak
                                   (130.710)       (127.521)   (125.514)    (109.153)     (107.890) Income Tax Expense
     Penghasilan

     Laba Tahun Berjalan            452.146         443.791     440.464       381.400       362.138 Income for the Year

     (Rugi) Laba                                                                                   Other Comprehensive
     Komprehensif Lainnya                850         (695)           352            747        950 Income (Loss) – Net
     – Setelah Pajak                                                                               of Tax

     Total Penghasilan
                                                                                                       Total Comprehensive
     Komprehensif Tahun             452.996        443.096      440.816       382.147      363.088
                                                                                                       Income for the Year
     Berjalan

     Laba per Saham
                                                                                                       Basic Earning per
     Dasar (dalam Rupiah              13.968          13.710      13.607        11.783        11.187
                                                                                                       Share (in Full Rupiah)
     penuh)

     Rasio Keuangan (dalam %) | Financial Ratio (in %)

     Rasio Profitabilitas | Profitability Ratio

     Laba Sebelum Beban                                                                            Income before Income
     Pajak Penghasilan                 52,31          51,94        54,62        47,57        40,55 Tax Expense to
     terhadap Pendapatan                                                                           Revenues

     Laba Tahun Berjalan                                                                               Income for the Year to
                                      40,58           40,35        42,51       36,99          31,25
     terhadap Pendapatan                                                                               Revenues

     Return on Equity (ROE)             11,93          12,62       13,67         13,61        14,76 Return on Equity (ROE)

     Return on Asset (ROA)              7,67           7,76         8,86         7,98         6,54 Return on Asset (ROA)

     Pendapatan terhadap                                                                               Revenues to Total
                                       13,52           13,62       14,09        14,58         16,85
     Total Aset                                                                                        Assets




               Laporan Tahunan
12   2024      Annual Report
Page 13
                                                                                                                                                               Ikhtisar Keuangan
                                                                                                                                                                Financial Highlight




              Uraian                           2024                         2023           2022            2021                           2020                           Description

Rasio Likuiditas | Liquidity Ratio

Rasio Lancar                                           29,90                  39,17          35,42                    50,05                 47,05 Current Ratio

Rasio Kas                                               1,37                     6,15         2,01                     5,06                  3,04 Cash Ratio

Rasio Solvabilitas (dalam X) | Solvency Ratio (in X)

Total Liabilitas                                                                                                                                               Total Liabilities to Total
                                                        0,52                   0,54           0,53                     0,58                  0,62
terhadap Total Aset                                                                                                                                            Assets

Total Liabilitas                                                                                                                                               Total Liabilities to Total
                                                        1,07                        1,18          1,14                 1,36                  1,64
terhadap Total Ekuitas                                                                                                                                         Equity

Gearing Ratio                                            1,01                       1,14      1,08                     1,36                  1,63 Gearing Ratio




                                       Total Aset                                                                                 Total Ekuitas
                                      Total Assets                                                                                 Total Equity

                                                         (dalam jutaan Rupiah /                                                                                   (dalam jutaan Rupiah /
                                                              in million Rupiah)                                                                                       in million Rupiah)
      6.879.938




                                                                                                          2.609.760
                              7.074.604




                                                                               8.240.096
                                                                8.076.958




                                                                                                                                                                      3.699.637
                                                                                                                                                 3.432.727
                                           7.352.992




                                                                                                                              2.991.911




                                                                                                                                                                                      3.975.117


         2020                2021         2022             2023               2024                       2020             2021               2022                   2023          2024



                            Laba Tahun Berjalan                                                                        Laba per Saham Dasar
                             Income for the Year                                                                       Basic Earning per Share

                                                         (dalam jutaan Rupiah /                                                                              (dalam nilai penuh Rupiah /
                                                              in million Rupiah)                                                                                in full amount of Rupiah)
                                           440.464
                              381.400
                  362.138




                                                                443.791




                                                                               452.146




                                                                                                                                                 13.607




                                                                                                                                                                                      13.968
                                                                                                                              11.783




                                                                                                                                                                      13.710
                                                                                                          11.187




         2020                2021         2022             2023               2024                       2020             2021               2022                   2023          2024




                                                                                                                                                                                                  13
Page 14
     Ikhtisar Kinerja Operasional
     Operational Performance Highlights


             Uraian                         2024                      2023           2022           2021                2020                Description

     Pembiayaan Kendaraan Roda Empat (dalam Unit)
     Four-wheeled Vehicle Financing (in Unit)

     Mobil Baru                              37.565                   39.074         40.205         28.205               23.722                      New Cars

     Mobil Bekas                                    850                  514           342                437                561                    Used Cars

     Total                                     38.415                 39.588         40.547         28.642               24.283                            Total

     Pembiayaan Kendaraan Roda Empat (dalam Miliar Rupiah)
     Four-wheeled Vehicle Financing (in Billion Rupiah)

     Mobil Baru                                    11.577             12.003          11.164          6.926               5.334                      New Cars

     Mobil Bekas                                    404                   211            114              122                170                    Used Cars

     Total                                         11.981              12.214         11.278          7.048               5.504                            Total

     Pembiayaan Alat Berat dan Mesin Industri (dalam Unit)
     Heavy Equipment and Industrial Machinery Financing (in Unit)

     Alat Berat dan Mesin                                                                                                             Heavy Equipment and
                                                    1.167              3.045          3.829               676              1.575
     Industri                                                                                                                          Industrial Machinery

     Pembiayaan Alat Berat dan Mesin Industri (dalam Miliar Rupiah)
     Heavy Equipment and Industrial Machinery Financing (in Billion Rupiah)

     Alat Berat dan Mesin                                                                                                             Heavy Equipment and
                                                    788                 429            424                330               208
     Industri                                                                                                                          Industrial Machinery

        Pembiayaan Mobil Baru | New Cars Financing                                             Pembiayaan Mobil Bekas | Used Cars Financing

                                                            (dalam unit | in unit)                                                        (dalam unit | in unit)
                         28.205




                                          40.205




                                                             39.074
              23.722




                                                                         37.565




                                                                                                                                                     850
                                                                                                                               342
                                                                                                                 437




                                                                                                                                          514
                                                                                                    561




             2020       2021            2022                2023        2024                      2020          2021         2022        2023       2024


        Pembiayaan Mobil Baru | New Cars Financing                                             Pembiayaan Mobil Bekas | Used Cars Financing

                                  (dalam miliar rupiah | in billion rupiah)                                            (dalam miliar rupiah | in billion rupiah)
                                                             12.003
                         6.926
              5.334




                                                                         11.577
                                          11.164




                                                                                                                                                     404
                                                                                                    170




                                                                                                                 122




                                                                                                                               114




                                                                                                                                           211




             2020       2021            2022                2023        2024                       2020         2021         2022        2023       2024



                  Laporan Tahunan
14   2024         Annual Report
Page 15
                                                                                                             Ikhtisar Keuangan
                                                                                                              Financial Highlight




    Pembiayaan Alat Berat dan Mesin Industri                               Pembiayaan Alat Berat dan Mesin Industri
Heavy Equipment and Industrial Machinery Financing                     Heavy Equipment and Industrial Machinery Financing

                                      (dalam unit | in unit)                                  (dalam Miliar Rupiah | in Billion Rupiah)




                                       3.045
                             3.829
        1.575




                                                   1.167




                                                                               208




                                                                                            330




                                                                                                                    429
                                                                                                       424
                 676




                                                                                                                                    788
      2020      2021     2022         2023      2024                          2020         2021      2022         2023         2024




Ikhtisar Saham
Stock Highlights

Hingga akhir tahun 2024, Maybank Finance belum                         Until the end of 2024, Maybank Finance has not offered
melakukan penawaran kepemilikan saham ke publik.                       any shares to the public.




Ikhtisar Obligasi
Bonds Highlights

                                 Total Obligasi                              Tanggal            Tingkat            Peringkat Obligasi
                                                          Tanggal
         Uraian                 (Jutaan Rupiah)                            Jatuh Tempo        Bunga Kupon            Bonds Rating
                                                           Efektif
       Description                Total Bonds                                Maturity         Coupon Rate
                                                       Effective Date                                                2023                 2024
                                (Million Rupiah)                               Date               (%)
Obligasi Berkelanjutan II            350.000           2 April 2019        2 April 2024             9,35             AAA                  AAA
Maybank Finance Tahap II                               April 2, 2019       April 2, 2024                             (idn)                (idn)
Tahun 2019 Seri B
Maybank Finance Shelf
Registered Bonds II Phase
II Year 2019 Series B
Obligasi Berkelanjutan III           500.000           23 Juni 2021        23 Juni 2024             6,30             AAA                  AAA
Maybank Finance Tahap I                                 June 23, 2021       June 23,                                 (idn)                (idn)
Tahun 2021                                                                 2024
Maybank Finance Shelf
Registered Bonds III Phase
I Year 2021
Obligasi Berkelanjutan III           800.000           30 Maret 2022       30 Maret                 5,80             AAA                  AAA
Maybank Finance Tahap II                               March 30,           2025                                      (idn)                (idn)
Tahun 2022                                             2022                March 30,
Maybank Finance Shelf                                                      2025
Registered Bonds III Phase
II Year 2022
Obligasi Berkelanjutan IV             100.000          5 Juli 2024         15 Juli 2025             6,70                  -               AAA
Maybank Finance Tahap I                                July 5, 2024        July 15, 2025                                                  (idn)
Tahun 2024
Maybank Finance Shelf
Registered Bonds IV
Phase I Year 2024




                                                                                                                                                  15
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     Kronologi Pencatatan Obligasi
     Bonds Listing Chronology


                                      Total Obligasi                                        Tingkat
                                                           Tanggal       Tanggal Jatuh                   Peringkat
                Uraian               (Jutaan Rupiah)                                      Bunga Kupon
                                                            Efektif         Tempo                         Obligasi
              Description              Total Bonds                                        Coupon Rate
                                                        Effective Date   Maturity Date                  Bonds Rating
                                     (Million Rupiah)                                         (%)

     Obligasi I 2012 Seri C                143.000      7 Juni 2012      7 Juni 2016          8,00       AA+ (idn)
     Bonds I 2012 Series C                              June 7, 2012     June 7, 2016

     Obligasi I 2012 Seri B                381.000      7 Juni 2012      7 Juni 2015          7,90       AA+ (idn)
     Bonds I 2012 Series B                              June 7, 2012     June 7, 2015

     Obligasi I 2012 Seri A                 101.000     7 Juni 2012      7 Juni 2013          6,50       AA+ (idn)
     Bonds I 2012 Series A                              June 7, 2012     June 7, 2013

     Obligasi II 2013 Seri B               525.000      19 Juni 2013     19 Juni 2018         8,25       AA+ (idn)
     Bonds II 2013 Series B                             June 19, 2013    June 19, 2018

     Obligasi II 2013 Seri A               775.000      19 Juni 2013     19 Juni 2016         7,75       AA+ (idn)
     Bonds II 2013 Series A                             June 19, 2013    June 19, 2016

     Obligasi Berkelanjutan I BII         300.000       12 November      12 November          10,35      AA+ (idn)
     Finance Tahap I Tahun 2015                         2015             2018
     Seri A                                             November 12,     November 12,
     BII Finance Shelf Registered                       2015             2018
     Bonds I Phase I 2015 Series A

     Obligasi Berkelanjutan I BII          200.000      12 November      12 November         10,90       AA+ (idn)
     Finance Tahap I Tahun 2015                         2015             2020
     Seri B                                             November 12,     November 12,
     BII Finance Shelf Registered                       2015             2020
     Bonds I Phase I 2015 Series B

     Obligasi Berkelanjutan I              750.000      13 April 2016    13 April 2019         9,10      AA+ (idn)
     Maybank Finance Tahap II                           April 13, 2016   April 13, 2019
     Tahun 2016 Seri A
     Maybank Finance Shelf
     Registered Bonds I Phase II
     2016 Series A

     Obligasi Berkelanjutan I             350.000       13 April 2016    13 April 2021        9,35       AA+ (idn)
     Maybank Finance Tahap II                           April 13, 2016   April 13, 2021
     Tahun 2016 Seri B
     Maybank Finance Shelf
     Registered Bonds I Phase II
     2016 Series B

     Obligasi Berkelanjutan I             800.000       3 November       3 November           8,30       AA+ (idn)
     Maybank Finance Tahap III                          2016             2019
     Tahun 2016 Seri A                                  November 3,      November 3,
     Maybank Finance Shelf                              2016             2019
     Registered Bonds I Phase III
     2016 Series A

     Obligasi Berkelanjutan I             300.000       3 November       3 November           8,80       AA+ (idn)
     Maybank Finance Tahap III                          2016             2021
     Tahun 2016 Seri B                                  November 3,      November 3,
     Maybank Finance Shelf                              2016             2021
     Registered Bonds I Phase III
     Year 2016 Series B

     Obligasi Berkelanjutan I             1.150.000     15 November      15 November          7,65       AA+ (idn)
     Maybank Finance Tahap IV                           2017             2020
     Tahun 2017 Seri A                                  November 15,     November 15,
     Maybank Finance Shelf                              2017             2020
     Registered Bonds I Phase IV
     Year 2017 Series A




               Laporan Tahunan
16   2024      Annual Report
Page 17
                                                                                          Ikhtisar Keuangan
                                                                                           Financial Highlight




                                 Total Obligasi                                        Tingkat
                                                      Tanggal       Tanggal Jatuh                       Peringkat
          Uraian                (Jutaan Rupiah)                                      Bunga Kupon
                                                       Efektif         Tempo                             Obligasi
        Description               Total Bonds                                        Coupon Rate
                                                   Effective Date   Maturity Date                      Bonds Rating
                                (Million Rupiah)                                         (%)

Obligasi Berkelanjutan I               50.000      15 November      15 November          7,90             AA+ (idn)
Maybank Finance Tahap IV                           2017             2022
Tahun 2017 Seri B                                  November 15,     November 15,
Maybank Finance Shelf                              2017             2022
Registered Bonds I Phase IV
Year 2017 Series B

Obligasi Berkelanjutan II            400.000       17 Mei 2018      17 Mei 2021          7,75             AA+ (idn)
Maybank Finance Tahap I                            May 17, 2018     May 17, 2021
Tahun 2018 Seri A
Maybank Finance Shelf
Registered Bonds II Phase I
Year 2018 Series A

Obligasi Berkelanjutan II             100.000      17 Mei 2018      17 Mei 2023          8,00             AAA (idn)
Maybank Finance Tahap I                            May 17, 2018     May 17, 2023
Tahun 2018 Seri B
Maybank Finance Shelf
Registered Bonds II Phase I
Year 2018 Series B

Obligasi Berkelanjutan II            650.000       2 April 2019     2 April 2022         9,00             AA+ (idn)
Maybank Finance Tahap II                           April 2, 2019    April 2, 2022
Tahun 2019 Seri A
Maybank Finance Shelf
Registered Bonds II Phase II
Year 2019 Series A

Obligasi Berkelanjutan II            350.000       2 April 2019     2 April 2024         9,35             AAA (idn)
Maybank Finance Tahap II                           April 2, 2019    April 2, 2024
Tahun 2019 Seri B
Maybank Finance Shelf
Registered Bonds II Phase II
Year 2019 Series B

Obligasi Berkelanjutan III           500.000       23 Juni 2021     23 Juni 2024         6,30             AAA (idn)
Maybank Finance Tahap I                            June 23, 2021    June 23, 2024
Tahun 2021
Maybank Finance Shelf
Registered Bonds III Phase I
Year 2021

Obligasi Berkelanjutan III           800.000       30 Maret 2022    30 Maret 2025        5,80             AAA (idn)
Maybank Finance Tahap II                           March 30, 2022   March 30, 2025
Tahun 2022
Maybank Finance Shelf
Registered Bonds III Phase II
Year 2022

Obligasi Berkelanjutan IV             100.000      5 Juli 2024      15 Juli 2025         6,70             AAA (idn)
Maybank Finance Tahap I                            July 5, 2024     July 15, 2025
Tahun 2024
Maybank Finance Shelf
Registered Bonds IV Phase I
Year 2024

Pemeringkatan obligasi dilakukan oleh PT Fitch Ratings Indonesia.
Bonds rating was performed by PT Fitch Ratings Indonesia.




                                                                                                                      17
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     Penghargaan Tahun 2024
     Awards in 2024




               Economic Review                       Economic Review                          Warta Ekonomi
        The Best Director for Indonesia     The Best Indonesia Sales Marketing     Indonesia Excellence Good Corporate
         Sales Marketing Awards 2024                    Award 2024                 Governance Ethics in Increasing Profit
                                                                                   Contribution to Maintain Performance
                                                                                                  Growth




                      InfoBank                        Economic Review                          Warta Ekonomi
         The Excellence Performance            The Best Indonesia Finance            Indonesia Most Acclaimed Company
      Multifinance Company (Asset IDR 5      "Multifinance - Private Company"           2024 With Outstanding Digital
              Trillion > IDR 10 Trillion)                   2024                        Channel Utilization to Support
                                                                                        Marketing and Communication




                Warta Ekonomi                        Bisnis Indonesia                         Warta Ekonomi
         Best Digital Finance 2024 for      The Most Efficient Multifinance Aset     Indonesia Best Multifinance 2024
       Improving Operational Activities             Rp2,5 T sd Rp10 T                 for Improving Service Quality to
      Digitalization Through Sustainable                                              Maintain Customer Satisfaction
                IT Development

              Laporan Tahunan
18   2024     Annual Report
Page 19
                                                                                     Ikhtisar Keuangan
                                                                                      Financial Highlight




            APPI                                InfoBank                                InfoBank
Lima Perusahaan Pembiayaan          CEO of the Years 2024 " Alexander     The 200 Future Leaders "Miki Effendi
Terbaik Tahun 2024 untuk Aset          Presiden Direktur Maybank            Lim Direktur Maybank Indonesia
      diatas Rp5 Triliun                   Indonesia Finance"                           Finance"




       Economic Review                    Economic Review                             Info Bank
 The Best Indonesia IT & Digital   The Best Indonesia Annual Report        The Best Performing Multifinance
 Operational Excellence Award                    2024                                    2024
              2024




            IERMA                             The Finance                               IGCGA
The Best Indonesia Enterprises     The Best Performing Multifinance        The Best Indonesia GCG Award -
 Risk Management Award VI -             2024 Based on Financial                       VIII - 2024
             2024                       Performance 2021-2023                 Gold Award (B) Excellent -
                                   "Multifinance Company Category              Category - Multifinance
                                   Within Assets Rp5 Trillion Less than
                                              Rp10 Trillion"



                                                                                                                 19
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            Laporan Tahunan
22   2024   Annual Report
Page 23
                                                                                        Laporan Manajemen
                                                                                         Management Report




Laporan Dewan Komisaris
The Board Of Commissioners' Report


Para Pemangku Kepentingan yang Terhormat,                Dear Stakeholders,

Dengan mengucapkan syukur ke hadirat Tuhan Yang          With gratitude to the presence of God Almighty, we,
Maha Esa, kami Dewan Komisaris PT Maybank Indonesia      the Board of Commissioners of PT Maybank Indonesia
Finance (selanjutnya disebut “Perseroan”)                Finance (further referred as “the Company”), submit
menyampaikan Laporan Pengawasan atas                     a Supervisory Report on the implementation of the
pelaksanaan tugas Direksi sepanjang tahun 2024.          duties of the Board of Directors throughout 2024.



Pandangan Dewan Komisaris atas Kondisi                   Views of the Board of Commissioners on External
Eksternal                                                Conditions

Sepanjang tahun 2024, perekonomian Indonesia             Throughout 2024, the Indonesian economy showed
menunjukkan pertumbuhan yang stabil meskipun             stable growth despite facing global and domestic
dihadapkan pada tantangan global dan domestik.           challenges. Based on data from the Central Statistics
Berdasarkan data Badan Pusat Statistik (BPS), Produk     Agency (BPS), Indonesia’s Gross Domestic Product
Domestik Bruto (PDB) Indonesia tumbuh sebesar            (GDP) grew by 5.03% year-on-year (yoy), reaching
5,03% year-on-year (yoy), mencapai Rp22.139,0 triliun,   Rp22,139.0 trillion, with a GDP per capita of Rp78.6
dengan PDB per kapita sebesar Rp78,6 juta atau           million or USD4,960.3. This growth was supported by
USD4.960,3. Pertumbuhan ini didukung oleh inflasi        inflation that was under control at 2.8%, in line with
yang terkendali pada level 2,8%, sesuai dengan target    the target set by the government and Bank Indonesia.
yang ditetapkan oleh pemerintah dan Bank Indonesia.

Namun, di tengah stabilitas tersebut, terdapat           However, amid this stability, there were several external
beberapa faktor eksternal yang memengaruhi               factors that influenced the dynamics of the financing
dinamika industri pembiayaan. Defisit transaksi          industry. The current account deficit increased to
berjalan meningkat menjadi USD8,9 miliar atau 0,6%       USD 8.9 billion or 0.6% of GDP, a significant increase
dari PDB, naik signifikan dibandingkan tahun             compared to the previous year of USD 2 billion or 0.1%
sebelumnya sebesar USD2 miliar atau 0,1% dari PDB.       of GDP. This increase in the deficit was mainly due
Peningkatan defisit ini terutama disebabkan oleh         to a decline in the goods trade surplus and weakening
penurunan surplus perdagangan barang dan                 global demand. In addition, another challenge faced
melemahnya permintaan global. Selain itu, tantangan      was the shrinkage of Indonesia’s middle class, which
lain yang dihadapi adalah penyusutan kelas menengah      fell to 47.9 million people from 60 million in 2018, which
Indonesia yang turun menjadi 47,9 juta orang dari        had an impact on the decline in domestic consumption
60 juta pada tahun 2018, yang berdampak pada             and tax revenue.
penurunan konsumsi domestik dan penerimaan
pajak.

Industri pembiayaan nasional tetap menunjukkan           The national financing industry remains stable with
kestabilan dengan pertumbuhan piutang pembiayaan         financing receivables growing 6.92% throughout 2024,
sebesar 6,92% sepanjang tahun 2024, mencapai             reaching IDR 503.43 trillion. Although this figure is
Rp503,43 triliun. Meskipun angka ini berada di bawah     below initial projections of 9% to 11% growth, the
proyeksi awal yang memperkirakan pertumbuhan             financing sector continues to adapt to digital
9% hingga 11%, sektor pembiayaan terus beradaptasi       transformation and service innovation. The Financial
dengan transformasi digital dan inovasi layanan.         Services Authority (OJK) also responded to this
Otoritas Jasa Keuangan (OJK) juga merespons              dynamic by launching the 2024-2028 Roadmap for
dinamika ini dengan meluncurkan Roadmap                  the Development and Strengthening of Finance




                                                                                                                      23
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     Pengembangan dan Penguatan Perusahaan                    Companies, which focuses on four main pillars:
     Pembiayaan 2024-2028, yang berfokus pada empat           strengthening resilience and competitiveness,
     pilar utama: penguatan ketahanan dan daya saing,         developing elements in the ecosystem, accelerating
     pengembangan elemen dalam ekosistem, percepatan          digital transformation, and strengthening regulation,
     transformasi digital, serta penguatan pengaturan,        supervision, and licensing.
     pengawasan, dan perizinan.


     Pengawasan dalam Perumusan dan Penerapan                 Oversight in the Formulation and
     Strategi Bisnis                                          Implementation of Business Strategies

     Dewan Komisaris secara aktif menjalankan fungsi          The Board of Commissioners actively carries out the
     pengawasan terhadap perumusan dan penerapan              function of overseeing the formulation and
     strategi bisnis Perseroan sepanjang tahun 2024.          implementation of the Company’s business strategy
     Dalam menjalankan perannya, Dewan Komisaris              throughout 2024. In carrying out its role, the Board of
     memastikan bahwa setiap kebijakan dan keputusan          Commissioners ensures that every policy and strategic
     strategis yang diambil Direksi sejalan dengan visi,      decision made by the Board of Directors is in line with
     misi, dan tujuan jangka panjang Perseroan.               the Company’s vision, mission, and long-term goals.
     Pengawasan dilakukan melalui rapat rutin dengan          Oversight is carried out through routine meetings
     Direksi, baik dalam bentuk rapat gabungan maupun         with the Board of Directors, both in the form of joint
     pembahasan berkala di tingkat komite. Melalui            meetings and periodic discussions at the committee
     mekanisme ini, Dewan Komisaris memberikan arahan         level. Through this mechanism, the Board of
     strategis yang mempertimbangkan perkembangan             Commissioners provides strategic direction that
     industri pembiayaan, dinamika ekonomi, serta potensi     considers developments in the financing industry,
     risiko yang dapat memengaruhi kinerja Perseroan.         economic dynamics, and potential risks that can
                                                              affect the Company’s performance.

     Selama tahun 2024, Dewan Komisaris memantau              During 2024, the Board of Commissioners closely
     secara ketat implementasi strategi bisnis yang           monitored the implementation of business strategies
     difokuskan pada pertumbuhan berkelanjutan,               focused on sustainable growth, digital transformation,
     transformasi digital, dan penguatan tata kelola. Dewan   and strengthening governance. The Board of
     Komisaris juga menelaah efektivitas strategi yang        Commissioners also reviewed the effectiveness of
     diterapkan, termasuk inovasi produk pembiayaan           the strategies implemented, including innovations
     yang disesuaikan dengan kebutuhan pasar dan              in financing products tailored to market needs and
     penguatan manajemen risiko. Dewan Komisaris              strengthening of risk management. The Board of
     berkoordinasi dengan Komite Audit dan Komite             Commissioners coordinates with the Audit Committee
     Pemantau Risiko dalam mengevaluasi kebijakan             and the Risk Monitoring Committee in evaluating the
     Perseroan, termasuk penerapan prinsip kehati-hatian      Company's policies, including the application of
     (prudential banking) untuk memastikan kepatuhan          prudential banking principles to ensure compliance
     terhadap ketentuan regulator. Pendekatan ini bertujuan   with regulatory provisions. This approach aims to
     memastikan bahwa strategi bisnis tidak hanya             ensure that the business strategy is not only oriented
     berorientasi pada pertumbuhan kinerja keuangan           towards financial performance growth but also pays
     tetapi juga memperhatikan keberlanjutan usaha dan        attention to business sustainability and regulatory
     kepatuhan terhadap regulasi.                             compliance.

     Sebagai bagian dari upaya pengawasan yang                As part of its comprehensive oversight efforts, the
     komprehensif, Dewan Komisaris juga memberikan            Board of Commissioners also provides strategic input
     masukan strategis untuk mendukung transformasi           to support the digital transformation that is the




               Laporan Tahunan
24   2024      Annual Report
Page 25
                                                                                          Laporan Manajemen
                                                                                           Management Report




digital yang menjadi fokus utama Perseroan.                Company’s main focus. The implementation of
Implementasi teknologi di berbagai lini bisnis, termasuk   technology in various lines of business, including the
optimalisasi layanan digital dan pengembangan              optimization of digital services and the development
sistem berbasis data, mendapat perhatian khusus            of data-based systems, receives special attention
dari Dewan Komisaris. Selain itu, Dewan Komisaris          from the Board of Commissioners. In addition, the
menilai bahwa penerapan strategi bisnis di tahun           Board of Commissioners assesses that the
2024 telah berjalan sesuai rencana dengan tetap            implementation of the business strategy in 2024 has
memperhatikan prinsip tata kelola perusahaan yang          gone according to plan, while still paying attention
baik (GCG).                                                to the principles of good corporate governance (GCG).




Penilaian Dewan Komisaris atas Kinerja Direksi             Assessment of the Board of Commissioners on the
                                                           Performance of the Board of Directors

Dewan Komisaris menilai bahwa sepanjang tahun              The Board of Commissioners believes that throughout
2024, Direksi telah menunjukkan kinerja yang solid         2024, the Board of Directors has shown solid and
dan adaptif dalam menghadapi dinamika pasar.               adaptive performance in dealing with market
Dengan menerapkan strategi bisnis yang efektif dan         dynamics. By implementing an effective business
berfokus pada pertumbuhan berkelanjutan, Direksi           strategy focused on sustainable growth, the Board
berhasil menjaga stabilitas keuangan Perseroan di          of Directors has succeeded in maintaining the
tengah tantangan industri pembiayaan. Pencapaian           Company's financial stability amid the challenges of
ini tercermin dari pertumbuhan positif di berbagai         the financing industry. This achievement is reflected
indikator keuangan utama, termasuk peningkatan             in the positive growth in various key financial indicators,
total aset, ekuitas, dan laba tahun berjalan. Selain       including an increase in total assets, equity, and profit
itu, Direksi juga menunjukkan komitmen yang kuat           for the year. In addition, the Board of Directors has
dalam mengelola risiko dengan kehati-hatian, terbukti      also shown a strong commitment to prudent risk
dari kemampuan Perseroan menjaga kualitas portofolio       management, as evidenced by the Company's ability
pembiayaan serta mempertahankan rasio Non-                 to maintain the quality of its financing portfolio and
Performing Financing (NPF) di tingkat yang terkendali.     keep its Non-Performing Financing (NPF) ratio at a
                                                           controllable level.

Dewan Komisaris juga mengapresiasi langkah proaktif        The Board of Commissioners also appreciates the
Direksi dalam meningkatkan efisiensi operasional           Board of Directors' proactive steps in improving
dan memperkuat layanan kepada debitur. Inisiatif           operational efficiency and strengthening customer
pengembangan digital yang dilakukan telah                  service. The digital development initiatives undertaken
berkontribusi signifikan dalam memperkuat daya             have contributed significantly to strengthening the
saing Perseroan dan mendukung pertumbuhan di               Company's competitiveness and supporting growth
berbagai segmen pembiayaan. Selain itu, Direksi            in various financing segments. In addition, the Board
mampu memenuhi sebagian besar target yang telah            of Directors was able to meet most of the targets set,
ditetapkan, sekaligus memperoleh berbagai                  as well as obtain various external awards as proof
penghargaan eksternal sebagai bukti pengakuan              of recognition for the Company's superior performance.
atas kinerja unggul Perseroan.

Kinerja ini mencerminkan kemampuan Direksi dalam           This performance reflects the ability of the Board of
merumuskan dan mengeksekusi strategi bisnis secara         Directors to effectively formulate and execute business
efektif, termasuk fokus pada efisiensi operasional dan     strategies, including a focus on operational efficiency
diversifikasi produk pembiayaan untuk memenuhi             and diversification of financing products to meet




                                                                                                                         25
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     kebutuhan debitur. Dewan Komisaris mengapresiasi            customer needs. The Board of Commissioners
     inisiatif Direksi dalam mengelola risiko secara disiplin,   appreciates the Board of Directors’ initiatives in
     menjaga kualitas aset, serta memastikan kepatuhan           disciplined risk management, maintaining asset
     terhadap regulasi yang ditetapkan oleh Otoritas Jasa        quality, and ensuring compliance with regulations
     Keuangan (OJK).                                             set by the Financial Services Authority (OJK).


     Direksi juga dinilai berhasil mengimplementasikan           The Board of Directors is also considered successful
     strategi transformasi digital yang menjadi prioritas        in implementing the digital transformation strategy
     Perseroan. Di bawah pengawasan Dewan Komisaris,             which is a priority for the Company. Under the supervision
     Direksi secara konsisten mendorong inovasi berbasis         of the Board of Commissioners, the Board of Directors
     teknologi untuk meningkatkan efisiensi proses bisnis        consistently encourages technology-based innovation
     dan memperluas akses layanan kepada debitur.                to improve the efficiency of business processes and
     Inisiatif digitalisasi, termasuk pengembangan platform      expand access to services for customers. Digitization
     berbasis data dan optimalisasi layanan daring, telah        initiatives, including the development of data-based
     memperkuat posisi Perseroan dalam menghadapi                platforms and the optimization of online services, have
     perubahan pola konsumsi dan ekspektasi debitur              strengthened the Company’s position in facing changes
     yang semakin mengedepankan kemudahan dan                    in consumption patterns and customer expectations
     kecepatan layanan. Dewan Komisaris menilai langkah          that increasingly prioritize convenience and speed of
     ini sejalan dengan arah industri keuangan yang              service. The Board of Commissioners considers this
     semakin digital dan mendukung keberlanjutan                 step to be in line with the direction of the increasingly
     pertumbuhan bisnis Perseroan di masa depan.                 digital financial industry and supports the sustainability
                                                                 of the Company’s business growth in the future.

     Secara keseluruhan, Dewan Komisaris memberikan              Overall, the Board of Commissioners highly appreciates
     apresiasi tinggi atas upaya dan hasil yang dicapai          the efforts and results achieved by the Board of
     Direksi selama tahun 2024. Kinerja yang dicapai             Directors during 2024. The performance achieved
     menunjukkan kemampuan Direksi dalam menavigasi              demonstrates the ability of the Board of Directors to
     tantangan eksternal sekaligus memanfaatkan peluang          navigate external challenges while taking optimal
     pertumbuhan secara optimal. Dewan Komisaris                 advantage of growth opportunities. The Board of
     mendorong Direksi untuk terus meningkatkan kinerja          Commissioners encourages the Board of Directors
     melalui inovasi berkelanjutan, penguatan manajemen          to continue improving performance through continuous
     risiko, dan pengembangan kapabilitas sumber daya            innovation, strengthening of risk management, and
     manusia.                                                    development of human resource capabilities.



     Pandangan atas Prospek Usaha Perseroan                      View of the Company’s Business Prospects

     Dewan Komisaris memandang bahwa prospek usaha               The Board of Commissioners views that the Company’s
     Perseroan di tahun-tahun mendatang tetap positif,           business prospects in the coming years remain
     didukung oleh fundamental ekonomi nasional yang             positive, supported by stable national economic
     stabil dan peluang pertumbuhan di sektor pembiayaan.        fundamentals and growth opportunities in the
     Dengan proyeksi pertumbuhan ekonomi Indonesia               financing sector. With Indonesia’s economic growth
     yang diperkirakan mencapai kisaran 5,1% pada tahun          projected to reach around 5.1% by 2025, supported
     2025, ditopang oleh konsumsi domestik dan investasi         by continued increases in domestic consumption
     yang terus meningkat, Perseroan memiliki peluang            and investment, the Company has the opportunity
     untuk memperluas portofolio pembiayaan. Selain itu,         to expand its financing portfolio. In addition, government
     dukungan pemerintah melalui kebijakan stimulus              support through stimulus and infrastructure policies,




               Laporan Tahunan
26   2024      Annual Report
Page 27
                                                                                     Laporan Manajemen
                                                                                      Management Report




dan infrastruktur, serta peluncuran Roadmap             as well as the launch of the 2024-2028 Roadmap for
Pengembangan dan Penguatan Perusahaan                   the Development and Strengthening of Financing
Pembiayaan 2024-2028 oleh Otoritas Jasa Keuangan        Companies by the Financial Services Authority (OJK),
(OJK), diharapkan dapat memberikan landasan yang        is expected to provide a strong foundation for the
kuat bagi industri pembiayaan untuk terus berkembang.   financing industry to continue to grow.


Dewan Komisaris juga melihat bahwa strategi             The Board of Commissioners also sees the Company’s
digitalisasi yang diimplementasikan Perseroan menjadi   digitization strategy as a key factor in increasing
faktor kunci dalam meningkatkan daya saing di masa      future competitiveness. The development of financial
depan. Perkembangan teknologi finansial dan             technology and the shift in customer preferences
pergeseran preferensi debitur terhadap layanan          towards digital-based services opens up opportunities
berbasis digital membuka peluang bagi Perseroan         for the Company to develop innovative products and
untuk mengembangkan produk dan layanan yang             services. By continuing to invest in technology and
inovatif. Dengan melanjutkan investasi di bidang        strengthening the digital ecosystem, the Company
teknologi dan memperkuat ekosistem digital, Perseroan   can improve operational efficiency, expand market
dapat meningkatkan efisiensi operasional, memper-       reach, and provide a better customer experience. In
luas jangkauan pasar, dan memberikan pengalaman         addition, a focus on sustainable and environmentally
yang lebih baik bagi debitur. Selain itu, fokus pada    friendly financing in accordance with Environmental,
pembiayaan yang berkelanjutan dan ramah                 Social, and Governance (ESG) principles will be an
lingkungan sesuai dengan prinsip Environmental,         added value in dealing with regulatory changes and
Social, and Governance (ESG) akan menjadi nilai         stakeholder expectations.
tambah dalam menghadapi perubahan regulasi dan
ekspektasi pemangku kepentingan.

Selanjutnya, Dewan Komisaris mendorong Direksi          Going forward, the Board of Commissioners encourages
untuk tetap mengedepankan prinsip kehati-hatian,        the Board of Directors to continue to prioritize the
memperkuat manajemen risiko, dan menjaga kualitas       principle of prudence, strengthen risk management,
aset guna menghadapi potensi volatilitas ekonomi        and maintain asset quality in order to deal with
global dan domestik. Perseroan berada dalam posisi      potential global and domestic economic volatility.
yang kuat untuk mempertahankan pertumbuhan              The Company is in a strong position to maintain
yang berkelanjutan dengan menerapkan strategi           sustainable growth by implementing adaptive
yang adaptif, memperluas kolaborasi dengan              strategies, expanding collaboration with the financial
ekosistem keuangan, dan menjaga komitmen terhadap       ecosystem, and maintaining its commitment to good
tata kelola perusahaan yang baik (GCG).                 corporate governance (GCG).




Pandangan atas Penerapan GCG                            View on the Implementation of GCG

Penerapan prinsip tata kelola perusahaan yang baik      The implementation of the principles of Good Corporate
(Good Corporate Governance/GCG) Perseroan dinilai       Governance (GCG) by the Company is considered
telah cukup baik, konsisten dan menyeluruh di           to have been quite good, consistent and comprehensive
sepanjang tahun 2024. Penerapan GCG dilakukan           throughout 2024. The implementation of GCG is
dengan berpedoman pada lima prinsip utama, yaitu        carried out based on five main principles, namely
transparansi, akuntabilitas, tanggung jawab,            transparency, accountability, responsibility,
independensi, dan kewajaran. Dewan Komisaris            independence, and fairness. The Board of
memastikan bahwa setiap kebijakan dan keputusan         Commissioners ensures that every policy and strategic




                                                                                                                 27
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     strategis Perseroan diambil dengan memperhatikan          decision of the Company is made with due regard
     prinsip-prinsip tersebut, guna menjaga integritas,        to these principles, in order to maintain integrity,
     meningkatkan kepercayaan pemangku kepentingan,            increase stakeholder confidence, and support
     dan mendukung kinerja yang berkelanjutan. Selain          sustainable performance. In addition, the Company
     itu, Perseroan secara aktif mematuhi regulasi yang        actively complies with regulations set by the Financial
     ditetapkan oleh Otoritas Jasa Keuangan (OJK),             Services Authority (OJK), including the implementation
     termasuk implementasi program anti-pencucian              of anti-money laundering and counter-terrorist
     uang dan pencegahan pendanaan terorisme (APU-             financing (AML-CFT) programs and comprehensive
     PPT) serta kebijakan manajemen risiko yang                risk management policies.
     komprehensif.


     Dalam menjalankan fungsi pengawasan, Dewan                In carrying out its supervisory function, the Board of
     Komisaris didukung oleh komite-komite di bawahnya,        Commissioners is supported by its committees,
     termasuk Komite Audit, Komite Pemantau Risiko, dan        including the Audit Committee, the Risk Monitoring
     Komite Nominasi dan Remunerasi, yang berperan             Committee, and the Nomination and Remuneration
     dalam memastikan pengawasan yang independen               Committee, which play a role in ensuring independent
     dan objektif. Selama tahun 2024, Dewan Komisaris          and objective supervision. During 2024, the Board of
     melakukan evaluasi rutin terhadap efektivitas             Commissioners conducted routine evaluations of the
     implementasi GCG melalui pertemuan berkala dengan         effectiveness of GCG implementation through regular
     Direksi dan unit kerja terkait. Dewan Komisaris menilai   meetings with the Board of Directors and related
     bahwa penerapan GCG di Perseroan telah berjalan           work units. The Board of Commissioners considers
     secara optimal dan memberikan kontribusi positif          that the implementation of GCG in the Company has
     terhadap keberlanjutan bisnis. Dewan Komisaris akan       been running optimally and making a positive
     terus mendorong peningkatan kualitas tata kelola          contribution to business sustainability. The Board of
     dan memastikan kepatuhan terhadap peraturan               Commissioners will continue to encourage
     yang berlaku, guna menjaga kinerja yang sehat dan         improvements in governance quality and ensuring
     berintegritas di tengah dinamika industri yang terus      compliance with applicable regulations, in order to
     berkembang.                                               maintain sound performance and integrity amid the
                                                               evolving dynamics of the industry.




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Apresiasi                                                Appreciation

Dewan Komisaris menyampaikan apresiasi yang              The Board of Commissioners would like to express
tinggi kepada Direksi dan seluruh jajaran manajemen      its deep appreciation to the Board of Directors and
serta karyawan Perseroan atas dedikasi, kerja keras,     all levels of management and employees of the
dan kontribusi mereka dalam menghadapi tantangan         Company for their dedication, hard work, and
dan meraih pencapaian yang membanggakan di               contributions in facing challenges and achieving
tahun 2024.                                              proud achievements in 2024.

Kami juga mengucapkan terima kasih kepada para           We would also like to thank the shareholders, regulators,
pemegang saham, regulator, mitra bisnis, serta seluruh   business partners, and all stakeholders for their
pemangku kepentingan atas dukungan dan                   support and trust in the Company. With a spirit of
kepercayaan yang diberikan kepada Perseroan.             synergy and innovation, we are confident that the
Dengan semangat sinergi dan inovasi, kami yakin          Company will continue to grow and provide sustainable
bahwa Perseroan akan terus bertumbuh dan                 added value for all stakeholders.
memberikan nilai tambah yang berkelanjutan bagi
seluruh pemangku kepentingan.




                                      Atas nama Dewan Komisaris,
                                 On behalf of the Board of Commissioners,




                                       BUDHI DYAH SITAWATI
                                             Presiden Komisaris
                                          President Commissioner

                                       PT Maybank Indonesia Finance




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            Laporan Tahunan
30   2024   Annual Report
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                                                                                         Management Report




Laporan Direksi
The Board Of Director’s Report


Para Pemangku Kepentingan yang Terhormat,                Dear Stakeholders,

Dengan penuh rasa syukur, Direksi PT Maybank             With great gratitude, the Board of Directors of
Indonesia Finance (selanjutnya disebut “Perseroan”)      PT Maybank Indonesia Finance (hereinafter referred
menyampaikan Laporan Tahunan 2024 sebagai                to as the “Company”) presents the 2024 Annual
bentuk pertanggungjawaban atas pengelolaan               Report as a form of accountability for the management
Perseroan sepanjang tahun. Tahun 2024 merupakan          of the Company throughout the year. 2024 was a
periode yang penuh tantangan sekaligus peluang           period full of challenges as well as opportunities for
bagi industri pembiayaan untuk mempertahankan            the financing industry to maintaining solid performance
kinerja yang solid serta terus memperkuat posisi di      and continuing to strengthen its position in the financial
industri keuangan.                                       industry.



Kondisi Perekonomian, Industri, dan Kendala              Economic Conditions, Industry, and Obstacles
yang Dihadapi di Tahun 2024                              Faced in 2024

Pada tahun 2024, perekonomian Indonesia tumbuh           In 2024, the Indonesian economy grew by 5.03% year-
sebesar 5,03% secara tahunan (yoy), sedikit melambat     on-year (yoy), slightly slower than the 5.05% growth
dibandingkan pertumbuhan 5,05% pada tahun 2023.          in 2023. This growth was driven by an increase in the
Pertumbuhan ini didorong oleh peningkatan di sektor      Other Services sector, which recorded the highest
Jasa Lainnya yang mencatat kenaikan tertinggi            increase of 9.80%. In terms of expenditure, Household
sebesar 9,80%. Dari sisi pengeluaran, Pengeluaran        Consumption Expenditure of Nonprofit Institutions
Konsumsi Lembaga Nonprofit yang Melayani Rumah           Serving Households (PK-LNPRT) experienced the
Tangga (PK-LNPRT) mengalami pertumbuhan tertinggi        highest growth of 12.48%.
sebesar 12,48%.

Meskipun demikian, pertumbuhan ekonomi ini masih         However, this economic growth is still below the
berada di bawah target pemerintah sebesar 5,2%           government’s target of 5.2% and far from government's
dan jauh dari ekspektasi pemerintah yang menginginkan    target, who wants growth to reach 8%. Factors such
pertumbuhan mencapai 8%. Faktor-faktor seperti           as global economic uncertainty, interest rate
ketidakpastian ekonomi global, fluktuasi suku bunga,     fluctuations, and geopolitical dynamics also affect
dan dinamika geopolitik turut mempengaruhi kinerja       national economic performance.
ekonomi nasional.

Industri pembiayaan di Indonesia menghadapi              The financing industry in Indonesia faces challenges
tantangan dengan meningkatnya persaingan dari            with increasing competition from financial technology
perusahaan teknologi finansial (fintech). Pada tahun     (fintech) companies. In 2024, the nominal value of
2024, nominal transaksi QRIS mencapai Rp66,43 triliun,   QRIS transactions reached Rp66.43 trillion, reflecting
mencerminkan adopsi digital yang signifikan di           significant digital adoption among the public. In
kalangan masyarakat. Selain itu, data Otoritas Jasa      addition, data from the Financial Services Authority
Keuangan (OJK) menunjukkan peningkatan aktivitas         (OJK) shows an increase in activity on peer-to-peer
pada platform peer-to-peer lending sepanjang tahun       lending platforms throughout the year.
tersebut.

Tantangan lain yang dihadapi termasuk fluktuasi          Other challenges faced include interest rate fluctuations
suku bunga yang memengaruhi biaya pendanaan              that affect funding costs and financing margins. Bank
dan margin pembiayaan. Bank Indonesia                    Indonesia maintained the benchmark interest rate
mempertahankan suku bunga acuan di 5,75% pada            at 5.75% in February 2025 to maintain rupiah stability




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     Februari 2025 untuk menjaga stabilitas rupiah di           amid global uncertainty. In addition, the decline of
     tengah ketidakpastian global. Selain itu, penurunan        the middle class and the increase of informal sector
     kelas menengah dan peningkatan pekerja sektor              workers to 59% put additional pressure on people’s
     informal hingga 59% menambah tekanan pada daya             purchasing power and economic stability.
     beli masyarakat dan stabilitas ekonomi.




     Strategi Bisnis yang Dijalankan Direksi                    Business Strategies Implemented by the Board of
                                                                Directors

     Pada tahun 2024, Perseroan mengimplementasikan             In 2024, the Company implemented an adaptive and
     strategi bisnis yang adaptif dan inovatif untuk            innovative business strategy to face the increasingly
     menghadapi tantangan industri pembiayaan yang              complex challenges of the financing industry. The
     semakin kompleks. Fokus utama Perseroan adalah             Company’s main focus is to strengthen service
     memperkuat digitalisasi layanan dan inovasi proses         digitalization and financing process innovation to
     pembiayaan guna meningkatkan aksesibilitas dan             increase accessibility and convenience for customers.
     kenyamanan bagi debitur. Melalui investasi                 Through continuous investment in technology, the
     berkelanjutan di teknologi, Perseroan meluncurkan          Company launched various digital initiatives, including
     berbagai inisiatif digital, termasuk pengembangan          the development of application-based platforms
     platform berbasis aplikasi dan optimalisasi proses         and optimization of automation processes to
     otomatisasi untuk mempercepat persetujuan                  accelerate financing approvals. This step not only
     pembiayaan. Langkah ini tidak hanya meningkatkan           improves operational efficiency but also expands
     efisiensi operasional tetapi juga memperluas               market reach.
     jangkauan pasar.

     Selain digitalisasi, diversifikasi portofolio pembiayaan   In addition to digitization, diversification of the financing
     menjadi strategi utama untuk memperkuat daya               portfolio is a key strategy to strengthen competitiveness
     saing di pasar. Selain pembiayaan otomotif, Perseroan      in the market. Other than automotive financing, the
     juga meningkatkan pembiayaan alat berat dan mesin          Company also increases the heavy equipment and
     industri, serta pembiayaan berbasis kebutuhan              industrial machinery financing, and other consumer-
     konsumen lainnya. Strategi ini memungkinkan                needs-based financing. This strategy enables the
     Perseroan untuk menjawab kebutuhan pasar yang              company to respond to dynamic market needs while
     dinamis sekaligus meningkatkan pangsa pasar di             increasing market share in various segments. The
     berbagai segmen. Direksi juga menerapkan kebijakan         board of directors is also implementing a stricter
     seleksi debitur yang lebih ketat serta meningkatkan        customer selection policy and improving the portfolio
     sistem pemantauan portofolio untuk memastikan              monitoring system to ensure asset quality is maintained
     kualitas aset tetap terjaga dan memitigasi potensi         and to mitigate potential credit risk amid economic
     risiko kredit di tengah ketidakpastian ekonomi.            uncertainty.

     Dalam mendukung pertumbuhan yang berkelanjutan,            In supporting sustainable growth, the Board of Directors
     Direksi berkomitmen untuk memperkuat manajemen             is committed to strengthening risk management and
     risiko dan kepatuhan terhadap regulasi. Perseroan          regulatory compliance. The Company implements
     menerapkan kerangka kerja manajemen risiko yang            a comprehensive risk management framework to
     komprehensif untuk menjaga rasio kredit bermasalah         keep the non-performing financing (NPF) ratio below
     (Non-Performing Financing/NPF) di bawah ambang             the threshold set by regulators. In addition, the
     batas yang ditetapkan regulator. Selain itu, Perseroan     Company actively adjusts internal policies to the




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secara aktif menyesuaikan kebijakan internal dengan      latest regulations, including sustainable financing
regulasi terbaru, termasuk prinsip-prinsip pembiayaan    principles as directed by the Financial Services
berkelanjutan sesuai arahan Otoritas Jasa Keuangan       Authority (OJK).
(OJK).


Peran Direksi dalam Proses Perumusan dan                 The Role of the Board of Directors in the Strategy
Implementasi Strategi                                    Formulation and Implementation Process

Proses perumusan strategi di Perseroan dilakukan         The process of formulating strategy in the Company
secara komprehensif dengan mempertimbangkan              is carried out comprehensively by considering the
dinamika eksternal dan internal yang memengaruhi         external and internal dynamics that affect the
kinerja Perseroan. Direksi memulai proses ini melalui    Company’s performance. The Board of Directors
kajian mendalam terhadap kondisi makroekonomi,           begins this process through an in-depth study of
tren industri pembiayaan, kebijakan regulator, serta     macroeconomic conditions, financing industry trends,
kebutuhan pasar yang terus berkembang. Dalam             regulatory policies, and evolving market needs. In
menyusun strategi, Direksi berkolaborasi dengan          formulating strategies, the Board of Directors
manajemen di berbagai tingkat untuk mengumpulkan         collaborates with management at various levels to
wawasan pasar, menganalisis risiko, dan                  gather market insights, analyze risks, and identify
mengidentifikasi peluang pertumbuhan. Hasil kajian       growth opportunities. The results of this study form
ini menjadi dasar dalam menetapkan sasaran jangka        the basis for setting short- and long-term goals that
pendek dan jangka panjang yang berfokus pada             focus on sustainable growth, service innovation, and
pertumbuhan berkelanjutan, inovasi layanan, serta        increased operational efficiency. In addition, the
peningkatan efisiensi operasional. Selain itu, Direksi   Board of Directors actively monitors changes in OJK
secara aktif memantau perubahan kebijakan OJK            policies and other regulators to ensure that the
dan regulator lainnya untuk memastikan strategi          formulated strategies remain in accordance with
yang dirumuskan tetap sesuai dengan peraturan            applicable regulations.
yang berlaku.

Implementasi strategi dilakukan melalui pendekatan       Strategy implementation is carried out through a
yang terstruktur dan berorientasi pada hasil. Direksi    structured and results-oriented approach. The Board
membagi strategi utama ke dalam program kerja            of Directors divides the main strategy into specific
yang spesifik dan terukur di setiap lini bisnis. Untuk   and measurable work programs in each line of
memastikan efektivitas implementasi, Direksi             business. To ensure the effectiveness of implementation,
melakukan evaluasi berkala terhadap pencapaian           the Board of Directors conducts periodic evaluations
kinerja melalui Key Performance Indicators (KPI) yang    of performance achievements through Key
disesuaikan dengan target bisnis. Evaluasi ini           Performance Indicators (KPIs) tailored to business
memungkinkan Perseroan untuk menilai keberhasilan        targets. This evaluation allows the Company to assess
strategi, mengidentifikasi area yang memerlukan          the success of the strategy, identify areas that need
perbaikan, dan merespons dinamika pasar secara           improvement, and respond proactively to market
proaktif. Selain pengawasan internal, Direksi secara     dynamics. In addition to internal supervision, the
rutin melaporkan kinerja dan hasil implementasi          Board of Directors routinely reports on the performance
strategi kepada pemegang saham serta regulator           and results of strategy implementation to shareholders
sebagai bentuk akuntabilitas dan transparansi.           and regulators as a form of accountability and
                                                         transparency.




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     Kinerja serta Pencapaian Target Tahun 2024               Performance and Achievement of Targets for 2024

     Sepanjang tahun 2024, Perseroan menunjukkan kinerja      Throughout 2024, the Company showed solid
     yang solid dengan mencatatkan pertumbuhan yang           performance by recording positive growth in various
     positif di berbagai indikator keuangan utama.            key financial indicators. The Company was able to
     Perseroan mampu menjaga stabilitas pertumbuhan           maintain stable growth in assets and equity, reflecting
     aset dan ekuitas, mencerminkan posisi keuangan           an increasingly solid financial position. This
     yang semakin kokoh. Peningkatan ini didukung oleh        improvement was supported by an effective business
     strategi bisnis yang efektif dan komitmen terhadap       strategy and a commitment to sound portfolio
     pengelolaan portofolio yang sehat, sejalan dengan        management, in line with efforts to strengthen business
     upaya memperkuat fundamental bisnis di tengah            fundamentals amid the dynamics of the financing
     dinamika industri pembiayaan.                            industry.

     Dalam aspek profitabilitas, Perseroan berhasil           In terms of profitability, the Company managed to
     membukukan pertumbuhan laba yang konsisten               post consistent profit growth compared to the previous
     dibandingkan tahun sebelumnya. Pertumbuhan ini           year. This growth shows that the Company's operational
     menunjukkan efisiensi operasional yang terjaga           efficiency is well maintained and its ability to manage
     dengan baik dan kemampuan Perseroan dalam                expenses optimally. In addition, this achievement
     mengelola beban secara optimal. Selain itu,              reflects the effectiveness of the business expansion
     pencapaian ini mencerminkan efektivitas strategi         strategy implemented, supported by financing process
     ekspansi bisnis yang dijalankan, didukung oleh inovasi   and service innovations that are oriented towards
     proses pembiayaan dan layanan yang berorientasi          customer needs.
     pada kebutuhan pelanggan.

     Perseroan juga menunjukkan kinerja yang solid dalam      The Company also showed solid performance in the
     sektor pembiayaan, khususnya pada pembiayaan             financing sector, especially in financing four-wheeled
     kendaraan roda empat, alat berat, dan mesin industri.    vehicles, heavy equipment, and industrial machinery.
     Meskipun terdapat fluktuasi pada beberapa segmen,        Despite fluctuations in some segments, the Company
     Perseroan mampu menjaga kualitas portofolio              was able to maintain the quality of its financing
     pembiayaan dengan baik. Pendekatan yang berhati-         portfolio. A prudent approach to financing and strict
     hati dalam menyalurkan pembiayaan dan penerapan          risk management were key to maintaining sustainable
     manajemen risiko yang ketat menjadi kunci utama          performance.
     dalam mempertahankan kinerja yang berkelanjutan.

     Salah satu pencapaian penting di tahun 2024 adalah       One of the important achievements in 2024 was the
     kemampuan Perseroan dalam menjaga rasio kredit           Company's ability to maintain the ratio of non-
     bermasalah atau Non-Performing Financing (NPF)           performing financing (NPF) at a healthy level. This
     pada tingkat yang sehat. Hal ini mencerminkan            reflects the effectiveness of the consistently applied
     efektivitas kebijakan mitigasi risiko yang diterapkan    risk mitigation policy. The Company is able to minimize
     secara konsisten. Perseroan mampu meminimalkan           potential risks and maintain the overall quality of
     potensi risiko dan menjaga kualitas aset secara          assets by focusing on the principle of prudence.
     menyeluruh dengan berfokus pada prinsip kehati-
     hatian.

     Selain kinerja keuangan, Perseroan juga meraih           In addition to its financial performance, the Company
     berbagai penghargaan bergengsi yang mengukuhkan          has also won various prestigious awards that have
     posisinya sebagai salah satu perusahaan pembiayaan       strengthened its position as one of the leading finance
     terkemuka di Indonesia. Pengakuan ini mencakup           companies in Indonesia. These recognitions include



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penghargaan di bidang tata kelola perusahaan yang          awards in the fields of good corporate governance
baik (GCG), efisiensi operasional, serta inovasi digital   (GCG), operational efficiency, and digital innovation
yang mendukung pengembangan layanan berbasis               that supports the development of technology-based
teknologi. Pencapaian ini merupakan bukti komitmen         services. These achievements are proof of the
Perseroan dalam menjaga standar layanan terbaik            Company's commitment to maintaining the highest
bagi pelanggan dan pemangku kepentingan.                   standard of service for customers and stakeholders.

Secara keseluruhan, mayoritas target yang ditetapkan       Overall, the majority of the targets set by the Company
Perseroan untuk tahun 2024 telah berhasil dicapai.         for 2024 have been achieved. The Company is
Perseroan optimis dapat melanjutkan pertumbuhan            optimistic that it can continue sustainable growth in
yang berkelanjutan di masa mendatang dengan                the future with a strong financial foundation, good
pondasi keuangan yang kuat, pengelolaan risiko yang        risk management, and continuous innovation. Focus
baik, dan inovasi berkelanjutan. Fokus pada pelayanan      on excellent service and adaptation to industry
prima dan adaptasi terhadap perkembangan industri          developments will continue to be a top priority in
akan terus menjadi prioritas utama dalam menjaga           maintaining competitiveness and creating long-term
daya saing dan menciptakan nilai jangka panjang            value for all stakeholders.
bagi seluruh pemangku kepentingan.



Prospek Usaha                                              Business Prospects

Memasuki tahun 2025, Perseroan optimis terhadap            Entering 2025, the Company is optimistic about
peluang pertumbuhan yang berkelanjutan di tengah           opportunities for sustainable growth amid economic
dinamika ekonomi dan perkembangan industri                 dynamics and developments in the financing industry.
pembiayaan. Berdasarkan proyeksi Kementerian               Based on the projection of Ministry of Finance,
Keuangan atas pertumbuhan ekonomi Indonesia                Indonesia's economic growth projected to be in the
yang diperkirakan berada di kisaran 5,1% hingga 5,3%,      range of 5.1% to 5.3%, the Company sees the potential
Perseroan melihat adanya potensi peningkatan               for increased demand for financing, particularly in
permintaan pembiayaan, khususnya di sektor otomotif.       the automotive sector. This condition is supported
Kondisi ini didukung oleh stabilitas makroekonomi,         by macroeconomic stability, government policies
kebijakan pemerintah yang mendorong pertumbuhan            that encourage real sector growth, and the increasing
sektor riil, serta meningkatnya adopsi layanan             adoption of digital financial services. The Company
keuangan digital. Perseroan berkomitmen untuk              is committed to taking advantage of this momentum
memanfaatkan momentum ini dengan memperluas                by expanding its market share through product
pangsa pasar melalui diversifikasi produk dan              diversification and increasing the accessibility of
peningkatan aksesibilitas layanan berbasis teknologi.      technology-based services.

Sebagai respons terhadap tren digitalisasi yang            In response to the growing trend of digitalization, the
semakin kuat, Perseroan akan terus memperkuat              Company will continue to strengthen digital
transformasi digital sebagai salah satu pilar utama        transformation as one of the main pillars of future
pertumbuhan di masa depan. Pengembangan                    growth. The development of an integrated digital
ekosistem digital yang terintegrasi akan menjadi           ecosystem will be a priority to improve the efficiency
prioritas untuk meningkatkan efisiensi proses bisnis,      of business processes, expand the range of services,
memperluas jangkauan layanan, serta memberikan             and provide a better experience for customers. The
pengalaman yang lebih baik bagi debitur. Perseroan         Company also plans to increase green financing
juga berencana meningkatkan pembiayaan ramah               through electric vehicle financing line with the
lingkungan (green financing) melalui pembiayaan            sustainable financing agenda launched by the OJK.
mobil listrik yang sejalan dengan agenda pembiayaan
berkelanjutan yang dicanangkan oleh OJK.




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     Penerapan Good Corporate Governance (GCG)               Implementation of Good Corporate Governance
                                                             (GCG)

     Perseroan memastikan bahwa setiap kebijakan dan         The Company ensures that every policy and strategic
     keputusan strategis diambil dengan mengedepankan        decision is made by prioritizing GCG principles in
     prinsip-prinsip GCG sesuai dengan peraturan OJK         accordance with OJK regulations and best practices
     dan praktik terbaik di industri pembiayaan. Direksi     in the financing industry. The Board of Directors and
     dan Dewan Komisaris secara aktif menjalankan fungsi     Board of Commissioners actively carry out internal
     pengawasan dan pengendalian internal guna               supervision and control functions to ensure that all
     memastikan bahwa seluruh aspek tata kelola berjalan     aspects of governance run effectively, including in
     efektif, termasuk dalam pengelolaan risiko, kepatuhan   risk management, regulatory compliance, and
     terhadap regulasi, serta perlindungan terhadap          protection of stakeholder interests. In addition, the
     kepentingan pemangku kepentingan. Selain itu,           Company also strengthens the reporting system and
     Perseroan juga memperkuat sistem pelaporan dan          internal audit mechanism to improve transparency
     mekanisme audit internal guna meningkatkan              and better risk mitigation.
     transparansi dan mitigasi risiko yang lebih baik.

     Sebagai bagian dari upaya peningkatan tata kelola,      As part of its efforts to improve governance, the
     Perseroan secara berkelanjutan mengembangkan            Company continuously develops anti-corruption and
     kebijakan antikorupsi dan anti-fraud melalui program    anti-fraud policies through compliance and education
     kepatuhan dan edukasi kepada seluruh karyawan.          programs for all employees. The implemented
     Sistem Whistleblowing yang diterapkan memungkinkan      Whistleblowing system allows for independent and
     pelaporan dugaan pelanggaran secara independen          confidential reporting of alleged violations to prevent
     dan rahasia guna mencegah tindakan yang berpotensi      actions that have the potential to harm the Company.
     merugikan Perseroan. Selain itu, dalam mendukung        In addition, in supporting sustainability aspects, the
     aspek keberlanjutan, Perseroan terus memperkuat         Company continues to strengthen Environmental,
     praktik Environmental, Social, and Governance (ESG)     Social, and Governance (ESG) practices by ensuring
     dengan memastikan bahwa aspek keberlanjutan             that sustainability aspects are an integral part of
     menjadi bagian integral dalam strategi bisnis dan       business strategy and decision making. With the
     pengambilan keputusan. Melalui implementasi GCG         implementation of strong GCG, the Company not
     yang kuat, Perseroan tidak hanya meningkatkan           only increases the trust of investors and business
     kepercayaan investor dan mitra bisnis, tetapi juga      partners, but also ensures business sustainability in
     memastikan keberlanjutan usaha yang selaras dengan      line with regulations and stakeholder expectations.
     regulasi dan ekspektasi pemangku kepentingan.




              Laporan Tahunan
36   2024     Annual Report
Page 37
                                                                                       Laporan Manajemen
                                                                                        Management Report




Apresiasi                                                Appreciation

Direksi menyampaikan apresiasi yang setinggi-            The Board of Directors would like to express its highest
tingginya kepada seluruh pemegang saham, Dewan           appreciation to all shareholders, the Board of
Komisaris, regulator, mitra bisnis, dan pelanggan atas   Commissioners, regulators, business partners, and
kepercayaan serta dukungan yang diberikan. Tidak         customers for their trust and support. We would also
lupa, kami juga mengucapkan terima kasih kepada          like to thank all employees for their dedication and
seluruh karyawan atas dedikasi dan kerja kerasnya        hard work in maintaining the Company’s sustainable
dalam menjaga keberlanjutan kinerja Perseroan.           performance. With optimism and strong commitment,
Dengan optimisme dan komitmen yang kuat, kami            we believe that the Company will continue to grow
percaya bahwa Perseroan akan terus berkembang            and provide optimal added value for all stakeholders.
dan memberikan nilai tambah yang optimal bagi
seluruh pemangku kepentingan.




                                           Atas nama Direksi,
                                     On behalf of the Board of Director,




                                               ALEXANDER
                                              Presiden Direktur
                                              President Director

                                       PT Maybank Indonesia Finance




                                                                                                                    37
Page 38

          
Page 39

          
Page 40
     Identitas Perusahaan
     Corporate Identity




              Nama Perusahaan
              Company Name                   PT MAYBANK INDONESIA FINANCE

              Jenis/Badan Hukum Perusahaan   Perusahaan Terbatas
              Type/Company Legal Entity      Limited Liability Company

              Dasar Hukum Pendirian          Akta No.163 tanggal 13 Februari 1991 yang dibuat di hadapan
              Legal Basis of Establishment   Notaris Richardus Nangkih Sinulingga, S.H., dan telah mendapatkan
                                             pengesahan dari Menteri Kehakiman dan Hak Asasi Manusia Republik
                                             Indonesia berdasarkan Surat Keputusan No.C2-2005.HT.01.01.TH.91
                                             tanggal 5 Juni 1991, serta diumumkan dalam Berita Negara Republik
                                             Indonesia No.78 Tambahan No.4827 tanggal 29 September 1992.
                                             Deed No.163 dated February 13, 1991 made by and before Notary Mr.
                                             Richardus Nangkih Sinulingga, S.H., and was ratified by the Minister
                                             of Law and Human Right of the Republic of Indonesia under Decree
                                             No.C2-2005. HT.01.01.TH.91 dated June 5, 1991, and published in Official
                                             Gazette of the Republic of Indonesia No.78 Supplement No.4827
                                             dated September 29, 1992.

              Tanggal Pendirian              13 Februari 1991 dengan nama PT BII Finance Center
              Date of Establishment          February 13, 1991 under the name of PT BII Finance Center

              Bidang Usaha                   Pembiayaan investasi, pembiayaan modal kerja, pembiayaan
              Line of Business               multiguna, dan kegiatan pembiayaan lainnya, sebagaimana
                                             disetujui oleh Otoritas Jasa Keuangan. Perseroan juga dapat
                                             melakukan kegiatan pembiayaan berdasarkan prinsip syariah
                                             dalam melakukan transaksi pembiayaan jual beli, pembiayaan
                                             investasi, dan pembiayaan jasa.
                                             Investment financing, working capital financing, multi-purpose
                                             financing, and other financing activities as approved by the Financial
                                             Services Authority. The Company may also conduct sharia-based
                                             financing activities in making transactions of sale & purchase
                                             financing, investment financing, and services financing.

              Dasar Hukum Perubahan Nama     Berdasarkan Akta No.105 tentang Berita Acara Rapat Umum
              Legal Basis of Name Change     Pemegang Saham Luar Biasa tanggal 18 November 2015, nama
                                             Perseroan berubah menjadi PT Maybank Indonesia Finance.
                                             Pursuant to Deed No.105 concerning Minutes of Extraordinary General
                                             Meeting of Shareholders dated November 18, 2015, the Company’s
                                             name changed to PT Maybank Indonesia Finance.

              Izin Usaha                     Memperoleh izin usaha dari Departemen Keuangan Republik
              Operating Licensed             Indonesia melalui Surat Keputusan No.888/KMK.013/1991, serta
                                             Keputusan Dewan Komisioner Otoritas Jasa Keuangan No. KEP-1/
                                             NB.11/2016 yang menyatakan bahwa telah dilakukan penyesuaian
                                             terhadap izin operasinya berkaitan dengan perubahan nama
                                             Perseroan menjadi PT Maybank Indonesia Finance.
                                             Obtained a business license from the Ministry of Finance of the
                                             Republic of Indonesia through Decree No.888/KMK.013/1991, as well as
                                             Board of Commissioners of the Financial Service Authority No. KEP-1/
                                             NB.11/2016 which stated that the Company’s operating licensed has
                                             been amended related with the name changed into PT Maybank
                                             Indonesia Finance.




            Laporan Tahunan
40   2024   Annual Report
Page 41
                                                                     Profil Perusahaan
                                                                       Company Profile




                                                    Modal Ditempatkan dan Disetor
Modal Dasar                                         Penuh
Authorised Capital                                  Issued and Fully Paid-in Capital
Rp60.000.000.000                                    Rp32.370.000.000



Kode Obligasi                                       Tanggal Pencatatan Obligasi
Bond Code                                           Bonds Listing Date
BIIF                                                1 Juni 2012 | June 1, 2012



Komposisi Pemegang Saham per 31
Desember 2024                                       Jaringan Kantor Layanan
Shareholders Composition as of                      Services Office Network
December 31, 2024
                                                    •   30 Kantor Cabang
•   PT Bank Maybank Indonesia Tbk–                      Branch Offices
    99,99%                                          •   11 kantor Perwakilan
•   Koperasi Karyawan Bank                              Representative Offices
    Internasional Indonesia – 0,01%


Jumlah Karyawan per 31 Desember
2024
                                                 Alamat Kantor Pusat
Total Employees as of December 31,
                                                 Head Office Address
2024
                                                 Wisma Eka Jiwa
•   786 karyawan pria
                                                 Lt. 10 Jl. Mangga Dua Raya,
        male employees
                                                 Mangga Dua Selatan, Jakarta, 10730
•   154 karyawan wanita
        female employees                         Telepon     : (021) 6230 0088
                                                 Phone
                                                 Faksimili : (021) 6230 0099
Daftar Keanggotaan Asosiasi                      Faximile
Association Membership List                      Call Center : 08041168811
                                                 Call Center
Asosiasi Perusahaan                              E-mail      : cs@maybankfinance.co.id
Pembiayaan Indonesia                             E-mail
(sebagai anggota)                                Website     : www.maybankfinance.co.id
Indonesian Financial Services                    Website
Association (as member)


Media Sosial     Instagram : maybankfinance.id
Social Media     Youtube    : Maybank Finance
                 Tiktok     : @maybankfinance_id




                                                                                          41
Page 42
       Jejak Langkah
       Milestone                                                                         Pelunasan Obligasi
                                                                                         Berkelanjutan II Maybank
                                                                                         Finance Tahap I Tahun 2018
                                                                                         Seri B pada tanggal 17 Mei
                                                                                         2023

                                                                                         Fully settlement of Shelf
                                                                                         Registration Bond II Phase I
                                                                                         Year 2018 Series B on May
                                                                                         17, 2023.




                                                                                                   2023


                                                                                       Pelunasan penuh Obligasi
                                                                                       Berkelanjutan I Tahap I Seri B
                                                                                       dan Obligasi Berkelanjutan I
                                                                                       Tahap IV Seri A.
     2022                                                                              Fully settlement of Shelf
                                                                                       Registration Bond I Phase I
                                                                                       Series B and Shelf Registration
                                                                                       Bonds I Phase IV Series A.




                                                    2021                                          2020




         Pendirian Maybank
         Indonesia Finance.                          Menerbitkan MTN I dan
                                                     MTN II.
         The establishment of
         Maybank Indonesia Finance.                  Issued MTN I and MTN II.




                  1991                 2005                 2010                2011         2012


                              Memfokuskan bisnis pada
                              pembiayaan mobil baru.

                              Focusing on new car
                              financing business.




               Laporan Tahunan
42     2024    Annual Report
Page 43
                             Profil Perusahaan
                               Company Profile




2024




                            Menerbitkan Obligasi
                            Berkelanjutan I Maybank
                            Finance Tahap IV Tahun
                            2017.

                            Issued Shelf Bond I Maybank
                            Finance Phase IV Year 2017.




       2019          2018
                                       2017




                                                 2016



2013          2015




                                                          43
Page 44
     Riwayat Singkat
     Brief History

     PT Maybank Indonesia Finance ("Maybank Finance" atau          PT Maybank Indonesia Finance (“Maybank Finance” or
     "Perseroan") adalah perusahaan multifinance terkemuka         “Company”) is a leading multifinance company established
     yang berdiri sejak 13 Februari 1991 dengan nama awal          on February 13, 1991 under the initial name of PT BII Finance
     PT BII Finance Center. Perseroan didirikan berdasarkan        Center. The Company was established based on Deed No.
     Akta Nomor 163 tahun 1991 dan telah memperoleh izin           163 of 1991 and has obtained a business license from the
     usaha dari Departemen Keuangan Republik Indonesia             Ministry of Finance of the Republic of Indonesia through
     melalui Surat Keputusan No.888/KMK.013/1991. Pada awalnya,    Decree No.888/KMK.013/1991. Initially, Maybank Finance
     Maybank Finance fokus menyediakan layanan pembiayaan          focused on providing motor vehicle financing services to
     kendaraan bermotor untuk memenuhi kebutuhan                   meet the needs of the community and corporations in
     masyarakat dan korporasi di Indonesia.                        Indonesia.


     Seiring waktu, Perseroan terus memperluas jangkauan           Over time, the Company continued to expand its business
     usahanya dengan beragam produk pembiayaan, termasuk           reach with a variety of financing products, including heavy
     pembiayaan alat berat, mesin industri, dan layanan berbasis   equipment financing, industrial machinery, and sharia-
     prinsip syariah. Pada tahun 2010 dan 2012, Maybank Finance    based services. In 2010 and 2012, Maybank Finance
     berhasil memperkuat struktur permodalannya melalui            successfully strengthened its capital structure through
     penerbitan medium-term notes (MTN) dan obligasi publik,       the issuance of medium-term notes (MTN) and public
     yang menjadi bukti komitmen Perseroan dalam mendukung         bonds, which is evidence of the Company's commitment
     pertumbuhan bisnis dan memberikan layanan yang lebih          to support business growth and provide more optimal
     optimal kepada pelanggan.                                     services to customers.


     Tahun 2015 menjadi tonggak sejarah penting bagi Maybank       The year 2015 became an important milestone for Maybank
     Finance, ketika pemegang saham pengendali berganti            Finance, when the controlling shareholder changed from
     dari PT Bank Internasional Indonesia Tbk ke PT Bank Maybank   PT Bank Internasional Indonesia Tbk to PT Bank Maybank
     Indonesia Tbk. Transformasi ini diikuti dengan perubahan      Indonesia Tbk. This transformation was followed by a name
     nama menjadi PT Maybank Indonesia Finance, menandakan         change to PT Maybank Indonesia Finance, signifying closer
     sinergi yang lebih erat dengan Maybank Group, salah satu      synergy with Maybank Group, one of the largest financial
     lembaga keuangan terbesar di Asia Tenggara. Transformasi      institutions in Southeast Asia. The transformation led the
     tersebut membawa Perseroan ke arah penguatan bisnis           Company to strengthen its business through integration
     melalui integrasi layanan, teknologi, dan jaringan            of services, technology, and international network.
     internasional.


     Saat ini, Maybank Finance menawarkan berbagai solusi          Currently, Maybank Finance offers various financing solutions
     pembiayaan yang dirancang untuk memenuhi kebutuhan            designed to meet the needs of customers, both individuals
     pelanggan, baik individu maupun korporasi, dengan             and corporations, with excellence in fast, flexible and
     keunggulan pada pelayanan yang cepat, fleksibel, dan          competitive services. The Company also cooperates with
     kompetitif. Perseroan juga menjalin kerja sama dengan         dealers, showrooms, and suppliers throughout Indonesia
     dealer, showroom, dan supplier di seluruh Indonesia untuk     to expand public access to quality financing services.
     memperluas akses masyarakat terhadap layanan                  Through a customer-oriented approach, Maybank Finance
     pembiayaan yang berkualitas. Melalui pendekatan yang          continues to maintain its position as one of the major
     berorientasi pada pelanggan, Maybank Finance terus            players in the Indonesian financing industry.
     menjaga posisi sebagai salah satu pemain utama di
     industri pembiayaan Indonesia.


     Hingga akhir 2024, Maybank Finance telah beroperasi           Until the end of 2024, Maybank Finance has operated
     melalui 30 kantor cabang dan 11 kantor perwakilan yang        through 30 branch offices and 11 representative offices
     tersebar di berbagai wilayah Indonesia, melalui visi untuk    spread across various regions of Indonesia, through a
     terus tumbuh dan berkembang, Maybank Finance                  vision to continue to grow and develop, Maybank Finance
     berkomitmen untuk memperluas jaringan, mengoptimalkan         is committed to expanding its network, optimizing
     inovasi teknologi, dan memberikan dampak positif bagi         technological innovation, and making a positive impact
     masyarakat Indonesia, sejalan dengan tujuan Maybank           on the people of Indonesia, in line with Maybank Group's
     Group untuk menjadi mitra keuangan terpercaya di Asia         goal to become a trusted financial partner in Southeast
     Tenggara.                                                     Asia.



                Laporan Tahunan
44   2024       Annual Report
Page 45
                                                                                              Profil Perusahaan
                                                                                                Company Profile




Visi dan Misi Perusahaan
Corporate Vision and Mission


Pada tahun 2024, manajemen mengevaluasi dan                 In 2024, the management evaluated and approved
menyetujui perubahan visi dan misi Perseroan agar           changes to the Company's vision and mission to be
relevan dengan kondisi dan dinamika bisnis yang             relevant to the existing business conditions and
ada sesuai dengan SE Nomor SE.2024.039/PREDI-MIF.           dynamics in accordance with Decree No. SE.2024.039/
Perubahan tersebut telah diinternalisasikan kepada          PREDI-MIF. The changes have been internalized to all
seluruh karyawan Perseroan.                                 employees of the Company.




 Menjadi perusahaan pembiayaan pemimpin pasar berbasis digital di segmen pasar yang
 dilayani dengan menjaga keseimbangan antara People, Planet, dan Profit dengan berbagai
 pemangku kepentingan dalam menjalankan bisnis.

 To be a digital-based leading finance company in each market segment it serves by maintaining
 a balance between People, Planet, and Profit with stakeholders in operating business.




 1.   Menjalankan bisnis sebagai perpanjangan tangan dari    1.   Running business as an extension of PT Bank Maybank
      PT Bank Maybank Indonesia Tbk (Maybank) dalam               Indonesia Tbk (Maybank) in the financing industry.
      industri pembiayaan.
 2.   Memberikan nilai tambah ekonomi dan sosial yang        2.   Providing high economic and social added value to
      tinggi kepada berbagai pemangku kepentingan dengan          stakeholders by maintaining a balance between People,
      menjaga keseimbangan antara People, Planet, dan             Planet, and Profit.
      Profit.
 3.   Menjadikan teknologi digital sebagai landasan untuk    3.   Making digital technology as foundations for product
      penciptaan produk, percepatan proses dan                    creation, process acceleration and service
      peningkatan layanan.                                        improvement.




                                                                                                                          45
Page 46
     Nilai-Nilai Perusahaan
     Corporate Values


     “TIGER” merupakan nilai yang diterapkan seluruh    “TIGER” is a group of values applied in all organizations
     organisasi di bawah kepemilikan grup Maybank,      owned by Maybank group, including the Company.
     termasuk Perseroan. Nilai tersebut mengandung      Such values have the following meanings:
     makna sebagai berikut:




                                            TEAMWORK
                                            Kami bekerja sama sebagai satu tim yang didasari
                                            nilai saling menghargai dan kebanggaan.
                                            We work together as a team based on the values
                                            of mutual respect and pride.




                                                             INTEGRITY
                                                             Kami jujur, profesional, dan berlandaskan
                                                             moral dalam semua kegiatan usaha.
                                                             We are honest, professional, and based
                                                             on moral in undertaking all new activities.




                                                                     GROWTH
                                                                     Kami memiliki keinginan yang kuat untuk
                                                                     melakukan peningkatan dan pembaharuan
                                                                     secara konsisten.
                                                                     We are committed to producing the best
                                                                     performance and excellent services.




                                                             EXCELLENCE & EFFICIENCY
                                                             Kami berkomitmen untuk menghasilkan
                                                             kinerja yang terbaik dan layanan yang prima.
                                                             We are committed to producing the best
                                                             performance and excellent services.




                                            RELATIONSHIP BUILDING
                                            Kami secara berkesinambungan membangun
                                            hubungan kerja sama jangka panjang yang saling
                                            menguntungkan.
                                            We continuously develop long-term mutually
                                            beneficial partnership.




             Laporan Tahunan
46   2024    Annual Report
Page 47
                                                                                                    Profil Perusahaan
                                                                                                      Company Profile




Bidang Usaha
Line of Businesses

Kegiatan usaha Perseroan dilaksanakan dengan                     The Company’s business are conducted by referring
berpedoman pada Peraturan Otoritas Jasa Keuangan                 to the Regulations of the Financial Services Authority
No.35/POJK.05/2018 tentang Penyelenggaraan                       No.35/POJK.05/2018 on Business Operation of Financing
Pembiayaan Perusahaan dan Pasal 3 Anggaran Dasar                 Companies and Article 3 of the Articles of Association.
Perseroan.

Ruang lingkup kegiatan usaha Perseroan ditunjukkan               The Company’s scope of business activities is shown
sebagai berikut:                                                 in the following table:


                                                                             Kegiatan Usaha yang Dijalankan
                                                                               Business Activities Engaged
     Kegiatan Usaha Berdasarkan Anggaran Dasar
Business Activities According to the Articles of Association                                              Belum Dijalankan
                                                                           Sudah Dijalankan
                                                                                                              Not Yet
                                                                             Implemented
                                                                                                            Implemented

Pembiayaan Investasi                                                               ✓
Pembiayaan Investasi adalah pembiayaan barang modal                Menjalankan usaha sewa
berserta jasa yang diperlukan untuk aktivitas usaha/investasi,     pembiayaan untuk alat berat,
rehabilitasi, modernisasi, ekspansi atau relokasi tempat           mesin industri dan kendaraan
usaha/ investasi yang diberikan kepada debitur.                    operasional (fleet).
Investment Financing                                               Conducting finance leasing for
Investment Financing is the financing of capital goods             heavy equipment, industrial
and services required for business/investment activities,          machinery business, and
rehabilitation, modernization, expansion or relocation of          operational fleets.
business/investment premises provided to debtors.
Pembiayaan Modal Kerja                                                             ✓
Pembiayaan Modal Kerja adalah pembiayaan untuk                     Menjalankan usaha pembiayaan
memenuhi kebutuhan pengeluaran yang habis dalam satu               fasilitas modal usaha.
siklus aktivitas usaha debitur.                                    Conducting working capital facility
Working Capital Financing                                          financing business.
Working Capital Financing is financing to meet the needs
of expenditures that run out in one cycle of debtor business
activity.
Pembiayaan Multiguna                                                               ✓
Pembiayaan Multiguna adalah pembiayaan barang dan/                 Menjalankan usaha pembiayaan
atau jasa yang diperlukan oleh debitur untuk pemakaian/            multiguna melalui pembelian
konsumsi dan bukan untuk keperluan usaha atau aktivitas            dengan cara pembayaran
produktif dalam jangka waktu yang diperjanjikan.                   angsuran (pembiayaan
Multi-purpose Financing                                            kendaraan roda empat) dan
Multipurpose Financing is the financing of goods and/or            pembiayaan multiguna fasilitas
services required by the debtor for use/consumption and            dana.
not for business purposes or productive activities within the      To carry out multipurpose
agreed period.                                                     financing business through
                                                                   purchase by installment payment
                                                                   (financing of four-wheeled
                                                                   vehicles) and multipurpose
                                                                   financing of fund facilities.
Pembiayaan lainnya yang mendapatkan persetujuan dari
Otoritas Jasa Keuangan.
Other financing approved by the Financial Services Authority.                                                           ✓

Kegiatan pembiayaan berdasarkan prinsip syariah sesuai                             ✓
dengan ketentuan yang ditetapkan oleh Kementerian                  Menjalankan usaha pembiayaan
Keuangan Republik Indonesia, Otoritas Jasa Keuangan, dan           murabahah dan pembiayaan
Dewan Syariah Nasional-Majelis Ulama Indonesia.                    ijarah (IMBT).
Financing activities based on sharia principles in accordance      Conducting murabahah and
with the provisions stipulated by the Ministry of Finance of       ijarah financing (IMBT) businesses.
the Republic of Indonesia, the Financial Services Authority,
and the National Sharia Council-Majelis Ulama Indonesia.




                                                                                                                             47
Page 48
     Produk dan Jasa
     Products and Services


     Sesuai Anggaran Dasar tersebut, saat ini Perseroan       In accordance with the Articles of Association, currently
     telah memiliki sejumlah produk dan jasa sebagai          the Company has the following products and services:
     berikut:


                Produk dan Jasa                                           Uraian
             Products and Services                                      Description

     Mobil Baru dan Bekas             Produk pembiayaan yang disediakan Perseroan untuk membantu konsumen
     New Cars and Used Cars           dalam kepemilikan kendaraan pendukung kegiatan operasional.
                                      Financing products provided by the Company to assist consumers in the
                                      ownership of vehicles supporting operational activities.

     Mobil Baru dan Bekas Syariah     Melalui Unit Usaha Syariah memberikan pelayanan pembiayaan mobil baru dan
     Sharia New Cars and Used Cars    bekas secara syariah dengan akad murabahah untuk mewujudkan keinginan
                                      memiliki mobil impian.
                                      Through the Sharia Business Unit, it provides new and used car financing
                                      services in a sharia manner with a murabahah contract to realize the desire to
                                      own a dream car.

     Fleet                            Produk pembiayaan yang diperuntukan bagi perusahaan-perusahaan dalam
                                      rangka pemenuhan kendaraan operasional atau pembiayaan yang lebih
                                      bertujuan untuk pemenuhan investasi bagi calon konsumen.
                                      Financing products intended for companies in order to fulfill operational
                                      vehicles or financing that is more aimed at fulfilling investment for prospective
                                      customers.

     Pembiayaan Kendaraan             Produk pembiayaan yang disediakan Perseroan untuk membantu konsumen
     Komersial Baru                   dalam kepemilikan kendaraan pendukung kegiatan operasional.
     New Commercial Vehicle           Financing product offered by the Company to assist consumers in owning
     Financing                        vehicle to support the operational activites.

     Pembiayaan Alat Berat dan        Program pembiayaan yang disediakan Perseroan untuk membantu konsumen
     Mesin Industri                   dalam kepemilikan alat berat dan mesin industri untuk memudahkan
     Heavy Equipment and Industrial   pelaksanaan kegiatan operasional.
     Machinery Financing              A financing program provided by the Company to assist customers in the
                                      ownership of heavy equipment and industrial machinery to facilitate the
                                      implementation of operational activities.

     Multiguna Fasilitas Dana         Produk pembiayaan konsumtif dengan pemberian agunan guna membantu
     Multipurpose Fund Facility       konsumen untuk mewujudkan masa depan yang lebih baik.
                                      Consumptive financing products with collateral to help consumers realize a
                                      better future.




                Laporan Tahunan
48   2024       Annual Report
Page 49
                                                                                                                                                                                   Profil Perusahaan
                                                                                                                                                                                     Company Profile




Wilayah Operasional
Operational Areas


                                                                                         Kantor Cabang | Branch Offices

Aceh                                           Medan                                         Pekanbaru                                       Padang                       Jakarta Pusat

Jambi                                          Bandar Lampung                                Batam                                           Pangkal Pinang               Jakarta Selatan

Banjarmasin                                    Samarinda                                     Jakarta Utara                                   Semarang                     Bekasi

Palembang                                      Tangerang                                     Jakarta Barat                                   Denpasar                     Tangerang Selatan I (Bintaro)

Cibubur                                        Depok                                         Bogor                                           Manado                       Karawang

Bandung                                        Cirebon                                       Makassar                                        Yogyakarta                   Surabaya

                                                                           Kantor Perwakilan | Representative Offices

Duri                                           Cilegon                                       Cikarang                                        Palangkaraya                 Jember

Lombok                                         Gorontalo                                     Aceh                                            Solo                         Malang

Balikpapan




                                                   30
                                                   Kantor Cabang
                                                                                                                                                                         11
                                                                                                                                                                         Kantor Perwakilan
                                                   Branch Offices                                                                                                        Representative Offices




 Aceh
                                                                                                                        Balikpapan


                                                                                                          Banjarmasin            Samarinda
                                                                                                                                                                Manado
                           Medan           Batam

                                                                                                                                                    Gorontalo
                                   Duri




 Pekanbaru


                                                       Pangkal Pinang
   Padang
             Jambi


        Palembang
                                                            Bekasi
                                                                     Karawang
                                                                            Cirebon              Palangkaraya
                          Bandar Lampung                                      Semarang
                                                                                               Surabaya
  Cilegon                                                                                                               Lombok
                     Tangerang                                                                                                         Makassar
                Jakarta Utara
                Jakarta Pusat
              Jakarta Selatan
                Jakarta Barat                           Depok        Bandung
                                                        Cibubur
                                                                           Yogyakarta        Malang             Denpasar
                                                           Bogor

                                                                                      Solo            Jember                                                                          Kantor Perwakilan
                 Tangerang Selatan I                            Cikarang                                                                                                              Representative Offices
                           (Bintaro)

                                                                                                                                                                                      Kantor Cabang
                                                                                                                                                                                      Branch Offices




                                                                                                                                                                                                               49
Page 50
        Struktur Organisasi
        Organizational Structure




                                                                                                                                                               Audit Committee




                                                                                                                                                              Nomination &
                                                                                                                                                          Remuneration Committee




                                                                                                                                                          Risk Oversight Committee




                                                                                                                                                               Risk Management
                                                                                                                                                                  Committee




        Maman S.
                                     Ika S. Gunawan                                    Hendra Satia
     Chief Audit Officer                                              Arthur O. S.                                                         Sufiana
                                      Human Resources
                                                                   Risk Management
                                                                                         Ditama                                  Finance and Accounting
                                     and General Affairs                                 Legal Division
                                                                     Division Head                                                    Division Head
                                       Division Head                                        Head



        Diandra R.
      Chief Compliance
        Officer Pjs.*)




     Arief Soerendro
     Corporate Secretary




                                                                    Deviansyah           Eby Julies                         Perdana                 Ricky                        M Junius F.      Sugima
                             Achmad Zikry            Ariyadi                                                 Zahril                                                            Information &     Informatio
                                Human             General Affairs     Firdaus              Onovia         Internal Control
                                                                                                                             Putera               Hendrawan                   Communication     Communica
                               Resources           Operational     Risk Management          Legal                             Finance             Accounting
                                                                                                           Department                                                           Technology        Technolo
                              Department           Department         Department         Department                         Department            Department
                                                                                                              Head                                                             Development        Operation
                                 Head                 Head              Head**)            Head                                Head                 Head
                                                                                                                                                                             Department Head   Department




        Tim SMKI                                                                                           Internal
                                                              Risk             Credit Analyst
                                                                                                            Control
                                                          Management            Supervisor
                                                                                                          Supervisor
                                                          (Head Office)            (Branch)
                                                                                                           (Branch)




                                                                                                           Internal
                                                                               Credit Analyst
                                                                                                         Control Staff
                                                                               Staff (Branch)
                                                                                                           (Branch)



        *)  Terdapat penunjukan pejabat pelaksana program penerapan APU-PPT/KYC pada jabatan Chief Compliance Office
            There is an appointment of the implementing officer for the APU-PPT/KYC implementation program in the position of Chief
            Compliance Office
        **) Terdapat penunjukan pejabat pelaksana program penerapan Anti Fraud pada Risk Management Department Head
            There is an appointment of the implementing officer for the Anti Fraud implementation program in the Risk Management
            Department Head


                           Laporan Tahunan
50      2024               Annual Report
Page 51
                                                                                                                                                                                    Profil Perusahaan
                                                                                                                                                                                      Company Profile




                               General meeting of Shareholders




                                   Board of Commissioner




                                                                                                                                                                                                Syariah Supervisory Board




                                             Alexander
                                         President & CEO




                                                                             IT Committee




                        Arief Soerendro                                                                                                              Miki Effendi
                         Managing Director                                                                                                          Managing Director




                                                                                                                                      Ricky                                 Anton
         Felik A. Irianto Sundah                                Bonny Permedi
                                                                                                                                     Hertanu                            Fleet and Heavy                        Ahmad Fikri
         Information & Communication                              Manoeroe                                       Aryanto
                                                                                                                                      Business                            Equipment &                             Syariah
           Technology and Operations                         Collection and Remedial                      Marketing Division Head
                                                                                                                                    Development                            Machinery                           Division Head
                 Division Head                                    Division Head
                                                                                                                                    Division Head                        Division Head




                                                                                                                                                                                                                      Finance &
                                                                                                                                                                                                                     Accounting
                                                                                                          Regional Manager
                                                                                                          1. Region A : Santoso
                                                Area Collection Manager
                                                                                   Heri Mujiono           2. Region B : Tirta S.
                                                1. Region A : Rolland W.                                  3. Region C : Ferdian
                                                                                      National
                                                2. Region B : Ahmad G.                                    4. Region D : Andry
                                                                                    Remedial Head                                                                                                                        Risk
                                                3. Region C : Fitran M. S
                                                4. Region D 1 : Jackson Y.
                                                5. Region D 2 : Arfand B.


an                 Siti
on &
                                                                                                                                                                                                                     Marketing
                 Nurjanah                                                                                                            Ahmad F.                            Mohammad
 ation                                                                                                                                                   Vacant
                 Operations
                                                                                                                 Branch               Business                                                Vacant
ogy
                 Department                                                                                                         Development
                                                                                                                                                         Fleet &           Reza               Machinery
 nal
                   Head
                                                                                                                 Manager            Department
                                                                                                                                                      Commercial Car    Heavy Equipment
                                                                                                                                                                                           Department Head
t Head                                                                                                                                               Department Head    Department Head
                                                                                                                                       Head                                                                          Business
                                                                                                                                                                                                                   Development



                                                                                                                                                                                                                    Collection &
                                                                                                                                                                                                                     Remedial
                                                                                  Remedial Coordinator
                                                                               1. Region AC : Teguh P.
                                                  Collection                   2. Region BD : Carlos D.         Marketing
              Administration
                                                  Supervisor                                                    Supervisor                                                                                          Operations,
              Head (Branch)
                                                   (Branch)                                                      (Branch)                                                                                           ICT, & Legal


                                                                                      Remedial
                                                                                       Officer
                                                                                      (Branch)                   Credit &
                 Credit
                                                  Collection                                                    Marketing
              Administration
                                                   (Branch)                                                      Officer
              Staff (Branch)
                                                                                                                (Branch)




                                                                                                                                                                                                                                   51
Page 52
     Perubahan Komposisi Dewan Komisaris dan Direksi
     Changes in The Composition of the Board of Commissioners and Board of
     Directors




               STEFFANO RIDWAN    BUDHI DYAH SITAWATI          HERWAN NG
                   Komisaris        Presiden Komisaris      Komisaris Independen
                 Commissioner    President Commissioner   Commissioner Independent




            Laporan Tahunan
52   2024   Annual Report
Page 53
                                              Profil Perusahaan
                                                Company Profile




ARIEF SOERENDRO      ALEXANDER         MIKI EFFENDI LIM
     Direktur      Presiden Direktur       Direktur
     Director     President Director       Director




                                                                  53
Page 54
     Sepanjang tahun 2024, terjadi perubahan dalam         Throughout 2024, there were changes in the
     komposisi Dewan Komisaris, sementara komposisi        composition of the Board of Commissioners, while
     Direksi tetap tidak mengalami perubahan.              no changes in the composition of the Board of Directors.


                                                  Dewan Komisaris
                                               Board of Commissioners

     Periode 1 Januari – 21 Maret 2024
     Period of January 1 – March 21, 2024

     Presiden Komisaris (Independen)                       Deswandhy Agusman
     President Commissioner (Independent)

     Komisaris
                                                           Steffano Ridwan
     Commissioner



     Periode 21 Maret – 31 Desember 2024
     Period of March 21 - December 31, 2024

     Presiden Komisaris
                                                           Budhi Dyah Sitawati
     President Commissioner

     Komisaris
                                                           Steffano Ridwan
     Commissioner

     Komisaris Independen
                                                           Herwan Ng
     Independent Commissioner



                                                      Direksi
                                                 Board of Directors

     Periode 1 Januari – 31 Desember 2024
     Period of January 1 - December 31, 2024

     Presiden Direktur
                                                           Alexander
     President Director

     Direktur
                                                           Miki Effendi Lim
     Director

     Direktur
                                                           Arief Soerendro
     Director


     Sejak akhir tahun buku 2024 hingga batas waktu        Since the end of the financial year 2024 until the
     penyampaian laporan tahunan ini, tidak terdapat       deadline for submitting this annual report, there has
     perubahan komposisi Dewan Komisaris dan Direksi       been no change in the composition of the Company's
     Perseroan.                                            Board of Commissioners and Board of Directors.




                Laporan Tahunan
54   2024       Annual Report
Page 55
                                                                                      Profil Perusahaan
                                                                                        Company Profile




Profil Dewan Komisaris
Profile of the Board of Commissioners




                                                                               BUDHI DYAH SITAWATI
                                                                                       Presiden Komisaris
                                                                                   President Commissioner




Warga Negara Indonesia, 65 tahun, berdomisili di     Indonesian citizen, 65 years old, residing in Jakarta.
Jakarta

Dasar Hukum Penunjukan:                              Legal Basis of Appointment:
Akta No. 101 tanggal 21 Maret 2024.                  Deed No. 101 dated March 21, 2024.

Riwayat Pendidikan:                                  Educational Background:
Sarjana Ekonomi, Jurusan Ekonomi Akuntansi,          Bachelor of Economics, Department of Accounting
Unviersitas Indonesia (1984)                         Economics, University of Indonesia (1984)

Pengalaman Kerja:                                    Work Experience :
• Komisaris Independen PT Bank Maybank Indonesia     • Independent Commissioner of PT Bank Maybank
   Tbk (2010-2024);                                    Indonesia Tbk (2010-2024);
• Ketua Pengawas Koperasi Mitra Dhuafa (2009-        • Chairman of the Supervisory Board of the Mitra
   2010);                                              Dhuafa Cooperative (2009-2010);
• Komisaris PT Lintas Jeram Nusantara (2004-2011);   • Commissioner of PT Lintas Jeram Nusantara
                                                       (2004-2011);
•   PricewaterhouseCoopers (PwC) (1985-2015); and    • PricewaterhouseCoopers (PwC) (1985-2015); and
•   Junior Auditor KAP Drs. Utomo & Co (SGV/Arthur   • Junior Auditor KAP Drs. Utomo & Co (SGV/Arthur
    Andersen)(1982-1984).                              Andersen) (1982-1984).

Rangkap Jabatan:                                     Concurrent Positions:
• Ketua Dewan Penasihat KSP Mitra Dhuafa (2024-      • Chairman of the Advisory Board of KSP Mitra
  sekarang)                                            Dhuafa (2024-present)
• Komisaris Utama PT Bangkit Maju Wisata (2021-      • President Commissioner of PT Bangkit Maju Wisata
  sekarang)                                            (2021-present)

Hubungan Afiliasi:                                   Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,   She does not have any affiliated, financial, management,
kepengurusan, kekeluargaan dengan anggota Dewan      and family relationship with other members of the
Komisaris lainnya, anggota Direksi, serta Pemegang   Board of Commissioners, members of the Board of
Saham Utama dan Pengendali.                          Directors, nor with Majority and Controlling Shareholders.




                                                                                                                  55
Page 56
                                                                                              STEFFANO RIDWAN
                                                                                                           Komisaris
                                                                                                        Commissioner




     Warga Negara Indonesia, 51 tahun, berdomisili di           Indonesian citizen, 51 years old, residing in Jakarta.
     Jakarta.

     Dasar Hukum Penunjukan:                                    Legal Basis of Appointment:
     Akta No.264 tanggal 30 Maret 2023.                         Deed No.264 dated March 30, 2023.

     Riwayat Pendidikan:                                        Educational Background:
     Oklahoma State University, Stillwater, OK, USA, Bachelor   Oklahoma State University, Stillwater, OK, USA, Bachelor
     of Science, Major in Finance, Minor in Accounting          of Science, Major in Finance, Minor in Accounting
     (1994).                                                    (1994).

     Pengalaman Kerja:                                          Work Experience:
     • Direktur Community Financial Services (CFS)              • Director of Community Financial Services (CFS)
        PT Bank Maybank Indonesia Tbk (2020 – 2024);              PT Bank Maybank Indonesia Tbk (2020-2024);
     • Board of Management, Head of Business Banking            • Board of Management, Head of Business Banking
        PT Bank BTPN Tbk (2018-2020);                             at PT Bank BTPN Tbk (2018-2020);
     • Direktur Bank DBS (2008-2018);                           • Director at Bank DBS (2008-2018);
     • SVP Bank Danamon (2007-2008);                            • SVP at Bank Danamon (2007-2008);
     • SVP Standard Chartered Bank (2003-2007); dan             • SVP at Standard Chartered Bank (2003-2007); and
     • AVP Citibank (1996-2002).                                • AVP at Citibank (1996-2002);

     Rangkap Jabatan:                                           Concurrent Positions:
     Presiden Direktur PT Bank Maybank Indonesia Tbk.           President Director of PT Bank Maybank Indonesia Tbk.
     (2024 – sekarang).                                         (2024 – present).

     Hubungan Afiliasi:                                         Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,         He does not have any affiliated, financial, management,
     kepengurusan, kekeluargaan dengan anggota Dewan            and family relationship with other members of the
     Komisaris lainnya, anggota Direksi, serta Pemegang         Board of Commissioners, members of the Board of
     Saham Utama dan Pengendali.                                Directors, nor with Majority and Controlling Shareholders.




               Laporan Tahunan
56   2024      Annual Report
Page 57
                                                                                         Profil Perusahaan
                                                                                           Company Profile




                                                                                                HERWAN NG
                                                                                       Komisaris Independen
                                                                                   Independent Commissioner




Warga Negara Indonesia, 52 tahun, berdomisili di          Indonesian citizen, 52 years old, residing in Jakarta.
Jakarta.

Dasar Hukum Penunjukan:                                   Legal Basis of Appointment:
Akta No. 101 tanggal 21 Maret 2024.                       Deed No. 101 dated March 21, 2024.

Riwayat Pendidikan:                                       Educational Background:
• Diploma, program Corporate Governance,                  • Diploma, Corporate Governance program,
   Corporate Governance Institute (2023);                    Corporate Governance Institute (2023);
• Master of Business Administration, Edinburgh            • Master of Business Administration, Edinburgh
   Business School, Heriot-Watt University (2010); dan       Business School, Heriot-Watt University (2010);
                                                             and
•   Sarjana Ekonomi, Universitas Tarumanagara (1995).     • Bachelor of Economics, Tarumanagara University
                                                             (1995).

Pengalaman Kerja:                                         Work Experience :
• Anggota Komite Audit dan Komite Pemantau Risiko,        • Member of Audit Committee and Risk Monitoring
   PT Caterpillar Finance Indonesia (2021-sekarang);        Committee, PT Caterpillar Finance Indonesia
                                                            (2021-present);
•   Anggota Komite Pemantau Risiko, PT Maybank            • Member of Risk Monitoring Committee, PT Maybank
    Indonesia Finance (2022-2024);                          Indonesia Finance (2022-2024);
•   Komisaris Independen, PT Hewlett Packard Finance      • Independent Commissioner, PT Hewlett Packard
    Indonesia (2016-2022);                                  Finance Indonesia (2016-2022);
•   Anggota Komite Audit, PT Maybank Indonesia            • Member of Audit Committee, PT Maybank Indonesia
    Finance (2015-2021);                                    Finance (2015-2021);
•   Chief Financial Officer, Rio Tinto Indonesia (2005-   • Chief Financial Officer, Rio Tinto Indonesia (2005-
    2018); dan                                              2018); and
•   Associate sampai dengan Senior Manager, PwC           • Associate to Senior Manager, PwC Indonesia and
    Indonesia dan Belanda (1995-2005).                      Netherlands (1995-2005).




                                                                                                                   57
Page 58
     Rangkap Jabatan:                                      Concurrent Positions:
     • Komisaris Independen, PT FKS Multi Agro, Tbk        • Independent Commissioner, PT FKS Multi Agro, Tbk
       (2024-sekarang);                                      (2024-present);
     • Komisaris Independen, PT Asuransi Bina Dana Arta,   • Independent Commissioner, PT Asuransi Bina
       Tbk (2023-sekarang).                                  Dana Arta, Tbk (2023-present).

     Hubungan Afiliasi:                                    Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,    He does not have any affiliated, financial, management,
     kepengurusan, kekeluargaan dengan anggota Komite      and family relationship with other members of the
     Pemantau Risiko lainnya, anggota Dewan Komisaris,     Risk Supervisory Committee, members of the Board
     anggota Direksi, serta Pemegang Saham Utama dan       of Commissioners, members of the Board of Directors,
     Pengendali.                                           nor with Majority and Controlling Shareholders.




              Laporan Tahunan
58   2024     Annual Report
Page 59
                                                                                      Profil Perusahaan
                                                                                        Company Profile




Profil Direksi
Profile of the Board of Directors




                                                                                              ALEXANDER
                                                                                         Presiden Direktur
                                                                                         President Director




Warga negara Indonesia, 53 tahun, berdomisili di       Indonesian citizen, 53 years old, residing in Jakarta.
Jakarta.

Dasar Hukum Penunjukan:                                Legal Basis of Appointment:
Akta No.264 tanggal 30 Maret 2023.                     Deed No.264 dated March 30, 2023.

Riwayat Pendidikan:                                    Educational Background:
• Doktor bidang Manajemen Stratejik dari Universitas   • Doctor in Strategic Management from Trisakti
   Trisakti (2017);                                       University (2017);
• Magister Manajemen Keuangan dari Universitas         • Master in Financial Management from
   Tarumanagara (2003); dan                               Tarumanagara University (2003); and
• Sarjana jurusan Ekonomi Pemasaran dari Univeritas    • Bachelor in Marketing Economy from University
   Tarumanagara (1994).                                   of Tarumanagara (1994).

Pengalaman Kerja:                                      Work Experience:
• Beberapa posisi di PT Maybank Indonesia Finance:     • Several positions at PT Maybank Indonesia Finance
                                                         as the followings:
    a. Risk Director (April-September 2007);             a. Risk Director (April-September 2007);
    b. Marketing General Manager Indonesia West          b. Marketing General Manager Indonesia West
       Region (2005-2007);                                  Region (2005-2007);
•   Beberapa posisi di PT Orix Indonesia Finance       • Several positions in PT Orix Indonesia Finance as
    sebagai:                                             the following:
    a. Senior Manager Cabang Jakarta Pusat (2002-        a. Senior Manager of Central Jakarta Branch
       2005);                                               (2002-2005);
    b. Manajer Divisi Equipment (2001-2002);             b. Manager of Equipment Division (2001-2002);
    c. Team Leader Divisi Automobile (2000-2001);        c. Team Leader of Automobile Division (2000-
                                                            2001);
    d. Senior Account Manager Divisi Equipment           d. Senior Account Manager of Equipment Division
       (2000);                                              (2000);
    e. Senior Account Manager Divisi Corporate           e. Senior Account Manager of Corporate Finance
       Finance (1999-2000);                                 Division (1999-2000);




                                                                                                                59
Page 60
         f. Team Leader Collection Kantor Pusat (1998-             f. Team Leader Collection of the Head Office
            1999);                                                    (1998- 1999);
         g. Account Manager Cabang Muara Karang (1997-             g. Account Manager of Muara Karang Branch
            1998);                                                    (1997- 1998);
         h. Account Manager Divisi Housing Finance (1997);         h. Account Manager of Housing Finance Division
                                                                      (1997);
         i.   Account Manager Divisi Automobile (1996-1997);       i. Account Manager of Automobile Division (1996-
                                                                      1997);
     •   Beberapa posisi di PT Bank Central Dagang sebagai:    •   Several positions at PT Bank Central Dagang as
                                                                   the followings:
         a. Junior Assisstant Manager Cabang Mangga                a. Junior Assistant Manager of Mangga Dua
            Dua (1995-1996); dan                                      Branch (1995-1996); and
         b. Management Trainee (1994-1995).                        b. Management Trainee (1994-1995).

     Hubungan Afiliasi:                                        Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,        He does not have any affiliated, financial, management,
     kepengurusan, kekeluargaan dengan anggota Direksi         and family relationship with other members of the
     lainnya, anggota Dewan Komisaris, serta Pemegang          Board of Directors, members of the Board of
     Saham Utama dan Pengendali.                               Commissioners, nor with Majority and Controlling
                                                               Shareholders.




                 Laporan Tahunan
60   2024        Annual Report
Page 61
                                                                                              Profil Perusahaan
                                                                                                Company Profile




                                                                                             MIKI EFFENDI LIM
                                                                                                              Direktur
                                                                                                              Director




Warga negara Indonesia, 48 tahun, berdomisili di Jakarta.   Indonesian citizen, 48 years old, residing in Jakarta.


Dasar Hukum Penunjukan:                                     Legal Basis of Appointment:
Akta No.264 tanggal 30 Maret 2023.                          Deed No.264 dated March 30, 2023.


Riwayat Pendidikan:                                         Educational Background:
• Magister Manajemen dari Universitas Kristen Krida         • Master of Management from University of Kristen Krida
   Wacana (2021); dan                                           Wacana (2021); and
• Sarjana Ekonomi dari Universitas Kristen Krida Wacana     •   Bachelor of Economics from University of Kristen Krida
   (2006).                                                      Wacana (2006).


Pengalaman Kerja:                                           Work Experience :
• Beberapa posisi di PT Maybank Indonesia Finance           • Several positions at PT Maybank Indonesia Finance as
   sebagai:                                                   the followings:
   a. Kepala Divisi Marketing PT Maybank Indonesia            a. Head of Marketing Division of PT Maybank Indonesia
       Finance (2010-2011);                                       Finance (2010-2011);
   b. Area Manager PT Maybank Indonesia Finance (2007-        b. Area Manager of PT Maybank Indonesia Finance
       2010);                                                     (2007-2010);
   c. Manager Cabang PT Maybank Indonesia Finance             c. Branch Manager of PT Maybank Indonesia Finance
       (2006-2007);                                               (2006-2007);
• Senior Manager Sales & Operations Area Jakarta PT U       • Senior Manager Sales & Operations of PT U Finance
   Finance Indonesia (2006);                                  Indonesia for Jakarta Area (2006);
• Kepala Cabang PT Verena Oto Finance (2003-2006);          • Branch Head of PT Verena Oto Finance (2003-2006);
• Supervisor Marketing PT Elbatama Finance (2000-2003);     • Marketing Supervisor of PT Elbatama Finance (2000-
   dan                                                        2003); and
• Credit Marketing Officer dan Admin Coll PT Oto            • Credit Marketing Officer and Admin Coll of PT Oto
   Multiartanha (1997-1999).                                  Multiartha (1997-1999).


Hubungan Afiliasi:                                          Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,          He does not have any affiliated, financial, management,
kepengurusan, kekeluargaan dengan anggota Dewan             and family relationship with other members of the Board
Direksi lainnya, anggota Dewan Komisaris, serta Pemegang    of Directors, members of the Board of Commissioners, nor
Saham Utama dan Pengendali.                                 with Majority and Controlling Shareholders.




                                                                                                                         61
Page 62
                                                                                                 ARIEF SOERENDRO
                                                                                                               Direktur
                                                                                                               Director




     Warga negara Indonesia, 55 tahun, berdomisili di Bekasi.     Indonesian citizen, 55 years old, residing in Bekasi.


     Dasar Hukum Penunjukan:                                      Legal Basis of Appointment:
     Akta No.264 tanggal 30 Maret 2023.                           Deed No.264 dated March 30, 2023.


     Riwayat Pendidikan:                                          Educational Background:
     Sarjana Sosial Politik dari Universitas Jenderal Soedirman   Bachelor of Socio-Political Science from University of
     (1993).                                                      Jenderal Soedirman (1993).


     Pengalaman Kerja:                                            Work Experience :
     •   Beberapa posisi di PT Maybank Indonesia Finance          •   Several positions at PT Maybank Indonesia Finance
         sebagai:                                                     as the followings:
         a. Kepala Divisi Marketing (2011-2017);                      a. Head of Marketing Division (2011-2017);
         b. Regional Manager (2010-2011);                             b. Regional Manager (2010-2011);
         c. Area Manager (2007-2010);                                 c. Area manager (2007-2010);
         d. Branch Manager (2005-2007);                               d. Branch Manager (2005-2007);
         e. Marketing Head (2001-2005);                               e. Marketing Head (2001-2005);
         f.    Branch Manager Pjs (2000-2001);                        f.   Branch Manager, Act (2000-2001);
         g. Credit Analyst Head (1999-2000);                          g. Credit Analyst Head (1999-2000);
         h. Collection Section Head (1998-1999);                      h. Collection Section Head (1998-1999);
         i.    Credit Marketing Officer (1996-1998);                  i.   Kredit Marketing Officer (1996-1998);
     •   Sales Executive PT Sinar Bersama Persada (1993-          •   Sales Executive of PT Sinar Bersama Persada (1993-
         1994); dan                                                   1994); and
     •   Sales Executive PT Depok Motor (1994-1996).              •   Sales Executive of PT Depok Motor (1994-1996).


     Hubungan Afiliasi:                                           Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,           He does not have any affiliated, financial, management,
     kepengurusan, kekeluargaan dengan anggota Dewan              and family relationship with other members of the
     Direksi lainnya, anggota Dewan Komisaris, serta              Board of Directors, members of the Board of
     Pemegang Saham Utama dan Pengendali.                         Commissioners, nor with Majority and Controlling
                                                                  Shareholders.



                  Laporan Tahunan
62   2024         Annual Report
Page 63
                                                                                                         Profil Perusahaan
                                                                                                           Company Profile




Profil Dewan Pengawas Syariah
Profile of the Sharia Supevisory Board




                                                                                                AMIRSYAH TAMBUNAN
                                                                                        Ketua Dewan Pengawas Syariah
                                                                                 Chairperson of Sharia Supervisory Board



Warga Negara Indonesia, 61 tahun, berdomisili di Tangerang         Indonesian citizen, 61 years old, residing in South Tangerang.
Selatan.

Dasar Hukum Penunjukan dan Periode Jabatan:                        Legal Basis of Appointment and Term of Office:
Akta No. 101 tanggal 21 Maret 2024                                 Deed No. 101 dated March 21, 2024.

Riwayat Pendidikan:                                                Educational Background:
• Doktor Pemikiran Politik Islam dari Universitas Islam Negeri     • Doctor of Islamic Political System from Universitas Islam
   Syarif Hidayatullah Jakarta (2007);                                Negeri Syarif Hidayatullah, Jakarta (2007).
• Magister Pemikiran Politik Islam dari Universitas Islam Negeri   • Master of Islamic Political System from Universitas Islam
   Syarif Hidayatullah Jakarta (1997); dan                            Negeri Syarif Hidayatullah, Jakarta (1997); and
• Sarjana Pendidikan Dakwah dari Institut Agama Islam              • Bachelor of Islamic Missionary Work from Institut Agama
   Negeri Medan (1989).                                               Islam Negeri, Medan (1989);

Pengalaman Kerja:                                                  Work Experience :
• Wakil Ketua Tim Sosialisasi dan Advokasi Imunisasi               • Deputy Team Leader of Socialization and Advocacy on Immunization,
   Kementerian Kesehatan Republik Indonesia (2012);                  Ministry of Health of the Republic of Indonesia (2012);
• Ketua Tim Kerja Pembahasan Rancangan Undang–Undang               • Work Team Leader of Law Draft Discussion on Zakat,
   Zakat Ikatan Cendekiawan Muslim Indonesia (2009);                 Indonesian Muslim Intellectuals’ Association (2009);
• Tenaga Ahli Dewan Perwakilan Rakyat Republik Indonesia           • Expert, the House of Representatives of the Republic of
   (1999-2009); dan                                                  Indonesia (1999-2009); and
• Dosen IAIN Sumatra Utara Dpk USU Medan (1997–2010).              • Lecturer, IAIN off North Sumatra, employed in USU, Medan
                                                                     (1997–2010).

Rangkap Jabatan:                                                   Concurrent Positions:
• Ketua Dewan Pengawas Syariah Nasional (DPS) DSN - MUI            • Chairperson, Sharia Supervisory Board (Certified by National
   Unit Usaha Syariah DBS Kustodian (sejak 2019);                     Sharia Board of MUI) in Sharia Business Unit in DBS Kustodian
                                                                      (since 2019);
•   Ketua Dewan Pengawas Syariah Nasional (DPS) DSN - MUI          • Chairperson, Sharia Supervisory Board (Certified by National
    Reksadana Unit Usaha Syariah Aurora Syariah (sejak 2018);         Sharia Board of MUI) in Mutual Fund of Sharia Business
                                                                      Unit in Aurora Syariah (since 2018);
•   Ketua Dewan Pengawas Syariah Nasional (DPS) DSN - MUI          • Chairperson, Sharia Supervisory Board (Certified by National
    Mega Jiwa Syariah (sejak 2016);                                   Sharia Board of MUI) in Mega Jiwa Syariah (since 2016);
•   Anggota Dewan Pengawas Syariah (DPS) DSN - MUI PT              • Member, Sharia Supervisory Board (Certified by National Sharia
    Mega Central Finance (sejak 2012);                                Board of MUI) in PT Mega Central Finance (since 2012);
•   Dosen Universitas Muhammadiyah Jakarta (sejak 2010);           • Lecturer, University of Muhammadiyah Jakarta (since 2010);
    dan                                                               and
•   Dosen UIN Syarif Hidayatullah Jakarta (sejak 2010).            • Lecturer, UIN of Syarif Hidayatullah, Jakarta (since 2010).

Hubungan Afiliasi:                                                 Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan, kepengurusan,   He does not have any affiliated, financial, management, and
kekeluargaan dengan anggota Dewan Pengawas Syariah                 family relationship with other members of the Sharia Supervisory,
lainnya, anggota Dewan Komisaris, anggota Direksi, serta           members of the Board of Commissioners, members of the
Pemegang Saham Utama dan Pengendali.                               Board of Directors, nor with Majority and Controlling Shareholders.




                                                                                                                                         63
Page 64
                                                                                                                 SODIKUN
                                                                                       Anggota Dewan Pengawas Syariah
                                                                                      Member of Sharia Supervisory Board



     Warga Negara Indonesia, 63 tahun, berdomisili di Jakarta        Indonesian Citizen, 63 years old, residing in East Jakarta.
     Timur.

     Dasar Hukum Penunjukan dan Periode Jabatan:                     Legal Basis of Appointment and Term of Office:
     Akta No. 101 tanggal 21 Maret 2024.                             Deed No. 101 dated March 21, 2024.

     Riwayat Pendidikan:                                             Educational Background:
     • Doktor Komunikasi dari Universitas Sahid Jakarta (2012);      • Doctor of Communications, University of Sahid, Jakarta
                                                                        (2012);
     •   Magister Kebijakan Publik dari Sekolah Tinggi Ilmu Sosial   • Master of Public Policy, Social and Political Science
         dan Politik (2010); dan                                        College (2010); and
     •   Sarjana Perbandingan Agama dari Institut Agama              • Bachelor of Comparative Religions, State Islamic Institute
         Islam Negeri Raden Fatah Palembang (1990).                     (IAIN) of Raden Fatah, Palembang (1990)

     Pengalaman Kerja:                                               Work Experience :
     • Ketua DPS Bank Sumsel Babel Syariah (2011-2015);              • Chairperson, Sharia Supervisory Board in Bank Sumsel-
                                                                       Babel Syariah (2011-2015);
     •   Dosen Stan DI (1998-2004);                                  • Lecturer, Stan DI (1998-2004);
     •   Kepala Bagian Kemahasiswaan STIE Sultan Mahmud              • Head, Student Affairs Division, STIE of Sultan Mahmud
         Badaruddin III Palembang (1983-1985);                         Badaruddin III, Palembang (1983-1985);
     •   Pimpinan Pesantren Amalul Khoir (1983-1985);                • Principal, Islamic School of Amalul Khoir (1983-1985);
     •   Pimpinan Pesantren Sultan Mahmud Badaruddin (1983-          • Principal, Islamic School of Sultan Mahmud Badaruddin
         1985);                                                        (1983-1985);
     •   Guru Pesantren Ar Riyadh (1980-1983); dan                   • Teacher, Islamic School of Ar Riyadh (1980-1983); and
     •   Direktur Sekolah Menanamkan Iman Ar Riyadh (SEMI)           • Principal, Faith Building School of Ar Riyadh (SEMI)
         (1980-1983).                                                  (1980-1983).

     Rangkap Jabatan:                                                Concurrent Positions:
     • Anggota Dewan Pengawas Syariah PT Bank Maybank                • Member of Sharia Supervisory Board of PT Bank Maybank
        Indonesia Tbk (2024-sekarang).                                  Indonesia Tbk (2024-present)
     • Ketua Dewan Pengawas Syariah PT Astra Aviva Life;             • Chairperson, Sharia Supervisory Board in PT Astra Aviva
                                                                        Life;
     •   Dosen Akademi Komunikasi Media Radio dan TV Jakarta         • Lecturer of Radio Media and TV Communicaton Academy
         (sejak 2022); dan                                              Jakarta (since 2022); and
     •   Dosen Universitas Gunadarma (sejak 2022).                   • Lecturer of Gunadarma University (since 2022).

     Hubungan Afiliasi:                                              Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,              He does not have any affiliated, financial, management,
     kepengurusan, kekeluargaan dengan anggota Dewan                 and family relationship with other members of the Sharia
     Pengawas Syariah lainnya, anggota Dewan Komisaris,              Supervisory, members of the Board of Commissioners,
     anggota Direksi, serta Pemegang Saham Utama dan                 members of the Board of Directors, nor with Majority and
     Pengendali.                                                     Controlling Shareholders.

                Laporan Tahunan
64   2024       Annual Report
Page 65
                                                                                                Profil Perusahaan
                                                                                                  Company Profile




Profil Komite Audit
Profile of the Audit Committee

HERWAN NG
Ketua Komite Audit
Chairperson of Audit Committee

Dasar Hukum Penunjukan dan Periode Jabatan:                   Legal Basis of Appointment and Term of Office:
Resolusi Dewan Komisaris tanggal 06 Mei 2024.                 Board of Commissioners Resolution dated May 6, 2024.

Profil lengkap beliau dapat dilihat pada Profil Dewan         His complete profile is available in the Board of
Komisaris dalam Laporan Tahunan ini.                          Commissioners’ Profiles section of this Annual Report.




                                                                                          HELMI MAHFUD, S.AK
                                                                                          Anggota Komite Audit
                                                                                       Member of Audit Committee



Warga Negara Indonesia, 64 tahun, berdomisili di Jakarta.     Indonesian Citizen, 64 years old, residing in Jakarta.

Dasar Hukum Penunjukan dan Periode Jabatan:                   Legal Basis of Appointment and Term of Office:
Resolusi Dewan Komisaris tanggal 04 Maret 2022.               Board of Commissioners Resolution dated March 4, 2022.

Riwayat Pendidikan:                                           Educational Background:
• Sindikasi Pinjaman Uang Euro - Hong Kong;                   • Euro Money Loan Syndication - Hong Kong;
• Firmwide Audit School Staff Manila - Filipina (1988); dan   • Firmwide Audit School Staff Manila - Philippines (1988);
                                                                 and
•   Universitas Padjadjaran - Jurusan Akuntansi Bandung       • Department of Accounting, the University Padjadjaran
    (1981-1987).                                                 Bandung (1981 -1987).

Pengalaman Profesional:                                       Professional Experience:
• Komite Audit PT Bukit Asam Tbk (Februari 2011-2015);        • Audit Committee of PT Bukit Asam Tbk (February 2011-
                                                                 2015);
•   Manajer Keuangan & Akuntansi PT Refcon Java Industry      • Finance & Accounting Manager PT Refcon Java Industry
    (April 2000-Maret 2009);                                     (April 2000-March 2009);
•   Manajer - Divisi Merchant Banking PT Bank Universal       • Manage r- Merchant Banking Division PT Bank Universal
    Tbk. (Mei 1997-April 2000);                                  Tbk. (May 1997-April 2000);
•   Kepala Merchant Banking PT Bank Merincorp (Jun 1990-      • Head of Merchant Banking PT Bank Merincorp (Jun
    Mei 1997);                                                   1990-May 1997);
•   Asisten Akuntan, Dow Chemical Pacific Ltd.; dan           • Assistant Accountant, Dow Chemical Pacific Ltd.; and
•   Divisi Audit SGV Utomo (Feb 1988-Mar 1989).               • SGV Utomo’s Audit Division (Feb 1988-Mar 1989).

Rangkap Jabatan                                               Concurrent Position
General Manager PT PLTA Situmulya (sejak Maret 2009).         General Manager of PT PLTA Situmulya (since March 2009).

Hubungan Afiliasi:                                            Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,            He does not have any affiliated, financial, management,
kepengurusan, kekeluargaan dengan anggota Komite              and family relationship with other members of the Audit
Audit lainnya, anggota Dewan Komisaris, anggota Direksi,      Committee, members of the Board of Commissioners,
serta Pemegang Saham Utama dan Pengendali.                    members of the Board of Directors, nor with Majority and
                                                              Controlling Shareholders.



                                                                                                                           65
Page 66
                                                                                               HADI INDRAPRASTA
                                                                                             Anggota Komite Audit
                                                                                          Member of Audit Committee



     Warga Negara Indonesia, 64 tahun, berdomisili di Jakarta.   Indonesian Citizen, 64 years old, residing in Jakarta.

     Dasar Hukum Penunjukan dan Periode Jabatan:                 Legal Basis of Appointment and Term of Office:
     Resolusi Dewan Komisaris tanggal 04 Maret 2022.             Board of Commissioners Resolution dated March 4, 2022.

     Riwayat Pendidikan:                                         Educational Background:
     • Sarjana - Fakultas Manajemen Ekonomi, Universitas         • Bachelor’s Degree – Faculty of Economics Management,
        Padjadjaran Bandung (1987); dan                             University of Padjadjaran, Bandung (1987); and
     • English Program, Woodbury University, Los Angeles, USA    • English Program, Woodbury University, Los Angeles,
        (1980).                                                     USA (1980).

     Pengalaman Kerja:                                           Work Experience :
     • Anggota Komite Audit & Pemantau Risiko PT Asuransi        • Audit Committee & Risk Monitoring Committee Member of
        Cigna Indonesia (Desember 2019-Januari 2023);              PT Asuransi Cigna Indonesia (December 2019-January
                                                                   2023;
     •   Anggota Komite Audit PT KB Bank Bukopin Tbk. (Juni      • Audit Committee Member of PT KB Bank Bukopin Tbk. (June
         2018-Desember 2021, Juni 2012-November 2015);             2018-December 2021, June 2012-November 2015);
     •   Anggota Pengawasan Risiko PT KB Bank Bukopin Tbk.       • Risk Oversight Committee Member of PT KB Bank Bukopin
         (November 2015-Juni 2018);                                Tbk. (November 2015-June 2018);
     •   Anggota Komite Audit PT Maybank Indonesia Finance       • Audit Committee Member of PT Maybank Indonesia
         (Desember 2012-2019);                                     Finance (December 2012-2019);
     •   Anggota Komite Audit PT Bank Internasional Indonesia    • Audit Committee Member of PT Bank Internasional
         Tbk. (2008-2012);                                         Indonesia Tbk. (2008-2012);
     •   Anggota Komite Audit PT Bank Danamon Indonesia          • Audit Committee Member of PT Bank Danamon Indonesia
         Tbk. (2004-2008);                                         Tbk. (2004-2008);
     •   Anggota Komite Pemantau Risiko PT Bank Danamon          • Risk Monitoring Commitee Member of PT Bank Danamon
         Indonesia Tbk. (2006-2008);                               Indonesia Tbk. (2006-2008);
     •   BPPN/IBRA (Badan Penyehatan Perbankan Nasional)         • BPPN/IBRA (Indonesian Bank Restructuring Agency
         (2000-2004);                                              (2000-2004);
     •   PT Bank Duta Tbk. (1989-2000);                          • PT Bank Duta Tbk. (1989-2000);
     •   PT Bank Central Asia (1987-1989); dan                   • PT Bank Central Asia (1987-1989); and
     •   American Express, TRS (1987).                           • American Express, TRS (1987).

     Rangkap Jabatan:                                            Concurrent Positions:
     Anggota Komite Audit dan Komite Pemantau Risiko PT          Member of Audit Committee and Risk Monitoring Committee
     Asuransi Cigna Indonesia (sejak 2019).                      of PT Asuransi Cigna Indonesia (since 2019).

     Hubungan Afiliasi:                                          Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,          He does not have any affiliated, financial, management,
     kepengurusan, kekeluargaan dengan anggota Komite            and family relationship with other members of the Audit
     Audit lainnya, anggota Dewan Komisaris, anggota Direksi,    Committee, members of the Board of Commissioners,
     serta Pemegang Saham Utama dan Pengendali.                  members of the Board of Directors, nor with Majority and
                                                                 Controlling Shareholders.



               Laporan Tahunan
66   2024      Annual Report
Page 67
                                                                                       Profil Perusahaan
                                                                                         Company Profile




Profil Komite Nominasi dan Remunerasi
Profile of Nomination and Remuneration Committee

HERWAN NG
Ketua Komite Nominasi dan Remunerasi
Chairperson of Nomination and Remuneration Committee



Dasar Hukum Penunjukan dan Periode Jabatan:             Legal Basis of Appointment and Term of Office:
Resolusi Dewan Komisaris tanggal 06 Mei 2024.           Board of Commissioners Resolution dated May 6,
                                                        2024.

Profil lengkap beliau dapat dilihat pada Profil Dewan   His complete profile is available in the Board of
Komisaris dalam Laporan Tahunan ini.                    Commissioners’ Profiles section of this Annual Report.




BUDHI DYAH SITAWATI
Anggota Komite Nominasi dan Remunerasi
Member of Nomination and Remuneration Committee


Dasar Hukum Penunjukan dan Periode Jabatan:             Legal Basis of Appointment and Term of Office:
Resolusi Dewan Komisaris tanggal 06 Mei 2024.           Board of Commissioners Resolution dated May 6,
                                                        2024.

Profil lengkap beliau dapat dilihat pada Profil Dewan   His complete profile is available in the Board of
Komisaris dalam Laporan Tahunan ini.                    Commissioners’ Profiles section of this Annual Report.




STEFFANO RIDWAN
Anggota Komite Nominasi dan Remunerasi
Member of Nomination and Remuneration Committee


Dasar Hukum Penunjukan dan Periode Jabatan:             Legal Basis of Appointment and Term of Office:
Resolusi Dewan Komisaris tanggal 30 Agustus 2020.       Board of Commissioners Resolution dated August
                                                        30, 2020.

Profil lengkap beliau dapat dilihat pada Profil Dewan   His complete profile is available in the Board of
Komisaris dalam Laporan Tahunan ini.                    Commissioners’ Profiles section of this Annual Report.




                                                                                                                 67
Page 68
                                                                                        IKA SETIAWATI GUNAWAN
                                                                         Anggota Komite Nominasi dan Remunerasi
                                                                 Member of Nomination and Remuneration Committee



     Warga Negara Indonesia, 45 tahun, berdomisili di Jakarta.    Indonesian Citizen, 45 years old, residing in Jakarta.

     Dasar Hukum Penunjukan dan Periode Jabatan:                  Legal Basis of Appointment and Term of Office:
     Resolusi Dewan Komisaris tanggal 30 Agustus 2020.            Board of Commissioners Resolution dated August 30,
                                                                  2020.

     Riwayat Pendidikan:                                          Educational Background:
     • Magister Manajemen Pemasaran dari Universitas              • Master of Marketing Management from University of
        Kristen Krida Wacana (2022); dan                             Kristen Krida Wacana (2022); and
     • Sarjana Psikologi dari Universitas Tarumanagara            • Bachelor in Psychology from University of
        (2003).                                                      Tarumanagara (2003).

     Pengalaman Kerja:                                            Work Experience:
     • Senior Human Resources Manager PT Gilang Agung             • Senior Human Resources Manager of PT Gilang Agung
        Persada (2010-2011);                                        Persada (2010-2011);
     • Human Resource Manager PT IMS Logistik Indonesia           • Human Resource Manager of PT IMS Logistik Indonesia
        (2008-2010);                                                (2008-2010);
     • Country & Admin PT Trisilco Folec Indonesia (2006-         • Country & Admin of PT Trisilco Folec Indonesia (2006-
        2008);                                                      2008);
     • Human Resource Senior Staff PT BCA Finance (2005-          • Human Resource Senior Staff of PT BCA Finance
        2006); dan                                                  (2005-2006); and
     • Human Resource Recruitment PT Carefour Indonesia           • Human Resource Recruitment of PT Carefour Indonesia
        (2004-2005).                                                (2004-2005).

     Rangkap Jabatan:                                             Concurrent Positions:
     Human Resource & General Affair Division Head Perseroan      Human Resource & General Affair Division Head of the
     (2011-sekarang).                                             Company (2011-present).

     Hubungan Afiliasi:                                           Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,           She does not have any affiliated, financial, management,
     kepengurusan, kekeluargaan dengan anggota Komite             and family relationship with other members of the
     Nominasi dan Remunerasi lainnya, anggota Dewan               Nomination and Remuneration Committee, members
     Komisaris, anggota Direksi, serta Pemegang Saham             of the Board of Commissioners, members of the Board
     Utama dan Pengendali.                                        of Directors, nor with Majority and Controlling Shareholders.




               Laporan Tahunan
68   2024      Annual Report
Page 69
                                                                                        Profil Perusahaan
                                                                                          Company Profile




Profil Komite Pemantau Risiko
Profile of Risk Supervisory Committee

HERWAN NG
Ketua Komite Pemantau Risiko
Chairperson of Risk Supervisory Committee


Dasar Hukum Penunjukan dan Periode Jabatan:             Legal Basis of Appointment and Term of Office:
Resolusi Dewan Komisaris tanggal 06 Mei 2024.           Board of Commissioners Resolution dated May 6,
                                                        2024.

Profil lengkap beliau dapat dilihat pada Profil Dewan   His complete profile is available in the Board of
Komisaris dalam Laporan Tahunan ini.                    Commissioners’ Profiles section of this Annual Report.



BUDHI DYAH SITAWATI
Anggota Komite Pemantau Risiko
Member of Risk Supervisory Committee


Dasar Hukum Penunjukan dan Periode Jabatan:             Legal Basis of Appointment and Term of Office:
Resolusi Dewan Komisaris tanggal 06 Mei 2024.           Board of Commissioners Resolution dated May 6,
                                                        2024.

Profil lengkap beliau dapat dilihat pada Profil Dewan   His complete profile is available in the Board of
Komisaris dalam Laporan Tahunan ini.                    Commissioners’ Profiles section of this Annual Report.



STEFFANO RIDWAN
Anggota Komite Pemantau Risiko
Member of Risk Supervisory Committee


Dasar Hukum Penunjukan dan Periode Jabatan:             Legal Basis of Appointment and Term of Office:
Resolusi Dewan Komisaris tanggal 06 Mei 2024.           Board of Commissioners Resolution dated May 6,
                                                        2024.

Profil lengkap beliau dapat dilihat pada Profil Dewan   His complete profile is available in the Board of
Komisaris dalam Laporan Tahunan ini.                    Commissioners’ Profiles section of this Annual Report.



HADI INDRAPRASTA
Anggota Komite Pemantau Risiko
Member of Risk Supervisory Committee


Dasar Hukum Penunjukan dan Periode Jabatan:             Legal Basis of Appointment and Term of Office:
Resolusi Dewan Komisaris tanggal 06 Mei 2024.           Board of Commissioners Resolution dated May 6,
                                                        2024.

Profil lengkap beliau dapat dilihat pada Profil Dewan   His complete profile is available in the Audit Committee
Komite Audit dalam Laporan Tahunan ini.                 Profiles section of this Annual Report.




                                                                                                                   69
Page 70
     Profil Organ Pendukung Direksi
     Profile of the Board of Directors’ Supporting Organ


     PROFIL KOMITE MANAJEMEN RISIKO
     PROFILE OF RISK MANAGEMENT COMMITTEE

     ALEXANDER
     Ketua Komite Manajemen Risiko
     Chairperson of Risk Management Committee

     Dasar Hukum Penunjukan dan Periode Jabatan:               Legal Basis of Appointment and Term of Office:
     Pembentukan Komite Manajemen Risiko tanggal 21            Establishment of the Risk Management Committee
     Januari 2016 (2016-sekarang).                             on January 21, 2016 (2016-present).

     Profil lengkap beliau dapat dilihat pada Profil Direksi   His complete profile is available in the Board of
     dalam Laporan Tahunan ini.                                Directors’ Profiles section of this Annual Report.




     ARIEF SOERENDRO
     Anggota Komite Manajemen Risiko
     Member of Risk Management Committee

     Dasar Hukum Penunjukan dan Periode Jabatan:               Legal Basis of Appointment and Term of Office:
     Pembentukan Komite Manajemen Risiko tanggal 21            Establishment of the Risk Management Committee
     Januari 2016 (2016-sekarang).                             on January 21, 2016 (2016-present).

     Profil lengkap beliau dapat dilihat pada Profil Direksi   His complete profile is available in the Board of
     dalam Laporan Tahunan ini.                                Directors’ Profiles section of this Annual Report.




     MIKI EFFENDI
     Anggota Komite Manajemen Risiko
     Member of Risk Management Committee

     Dasar Hukum Penunjukan dan Periode Jabatan:               Legal Basis of Appointment and Term of Office:
     Pembentukan Komite Manajemen Risiko tanggal 21            Establishment of the Risk Management Committee
     Januari 2016 (2016-sekarang).                             on January 21, 2016 (2016-present).

     Profil lengkap beliau dapat dilihat pada Profil Direksi   His complete profile is available in the Board of
     dalam Laporan Tahunan ini.                                Directors’ Profiles section of this Annual Report.




               Laporan Tahunan
70   2024      Annual Report
Page 71
                                                                                    Profil Perusahaan
                                                                                      Company Profile




                                                                   ARTHUR OKTAVIANUS SENDUK
                                                                   Anggota Komite Manajemen Risiko
                                                                Member of Risk Management Committee



Warga Negara Indonesia, 40 tahun, berdomisili di     Indonesian Citizen, 40 years old, residing in Bekasi.
Bekasi.

Dasar Hukum Penunjukan dan Periode Jabatan:          Legal Basis of Appointment and Term of Office:
Pembentukan Komite Manajemen Risiko tanggal 21       Establishment of the Risk Management Committee
Januari 2016 (2016-sekarang).                        on January 21, 2016 (2016-present).

Riwayat Pendidikan:                                  Educational Background:
• Magister Manajemen Pemasaran dari Universitas      • Master of Marketing Management from University
   Kristen Krida Wacana (2022);                         of Kristen Krida Wacana (2022);
• Magister bidang Manajemen Strategi dari            • Master of Strategic Management from State
   Universitas Negeri Jakarta; dan                      University of Jakarta; and
• Sarjana Hukum dari Universitas Trisakti (2009).    • Bachelor of Law from Trisakti University (2009).

Pengalaman Kerja:                                    Work Experience :
• Risk Management Department Head Perseroan          • Risk Management Department Head of the
   (2015-2016);                                        Company (2015-2016);
• Credit Analyst Perseroan (2010-2015);              • Credit Analyst of the Company (2010-2015);
• Legal Officer Perseroan (2009-2010); dan           • Legal Officer of the Company (2009-2010); and
• Koordinator Tim Daun Production Advertising        • Coordinator of Daun Production Advertising Team
   (2008-2009).                                        (2008-2009).

Rangkap Jabatan:                                     Concurrent Position:
Risk Management Division Head Perseroan              Risk Management Division Head of the Company
(2017-sekarang)                                      (2017-present)

Hubungan Afiliasi:                                   Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,   He does not have any affiliated, financial, management,
kepengurusan, kekeluargaan dengan anggota Komite     and family relationship with other members of the
Manajemen Risiko lainnya, anggota Dewan Komisaris,   Risk Management Committee, members of the Board
anggota Direksi, serta Pemegang Saham Utama dan      of Commissioners, members of the Board of Directors,
Pengendali.                                          nor with Majority and Controlling Shareholders.




                                                                                                               71
Page 72
     PROFIL KOMITE PENGARAH TEKNOLOGI INFORMASI (“KOMITE TEKNOLOGI
     INFORMASI”)
     PROFILE OF INFORMATION TECHNOLOGY STEERING COMMITTEE
     (“INFORMATION TECHNOLOGY COMMITTEE”)


     ARIEF SOERENDRO
     Ketua Komite Teknologi Informasi
     Chairperson of Information Technology Committee

     Dasar Hukum Penunjukan dan Periode Jabatan:               Legal Basis of Appointment and Term of Office:
     Surat Keputusan No. SK.2022.001/PREDI-MIF tentang         Decree Letter No. SK.2022.001/PREDI-MIF concerning
     Pembentukan Komite Pengarah Teknologi Informasi           Establishment of the Information Technology Steering
     tanggal 14 Maret 2022.                                    Committee dated March 14, 2022.

     Profil lengkap beliau dapat dilihat pada Profil Direksi   His complete profile is available in the Board of
     dalam Laporan Tahunan ini.                                Directors’ Profiles section of this Annual Report.




     ARTHUR OKTAVIANUS SENDUK
     Anggota Komite Teknologi Informasi
     Member of Information Technology Committee

     Dasar Hukum Penunjukan dan Periode Jabatan:               Legal Basis of Appointment and Term of Office:
     Surat Keputusan No. SK.2022.001/PREDI-MIF tentang         Decree Letter No. SK.2022.001/PREDI-MIF concerning
     Pembentukan Komite Pengarah Teknologi Informasi           Establishment of the Information Technology Steering
     tanggal 14 Maret 2022.                                    Committee dated March 14, 2022.

     Profil lengkap beliau dapat dilihat pada Profil Komite    His complete profile is available in the Risk Management
     Manajemen Risiko dalam Laporan Tahunan ini.               Committee’s Profiles section of this Annual Report.




               Laporan Tahunan
72   2024      Annual Report
Page 73
                                                                                         Profil Perusahaan
                                                                                           Company Profile




                                                                             FELIK A. IRIANTO SUNDAH
                                                                    Anggota Komite Teknologi Informasi
                                                             Member of Information Technology Committee



Warga Negara Indonesia, 44 tahun, berdomisili di        Indonesian Citizen, 44 years old, residing in Jakarta.
Jakarta.

Dasar Hukum Penunjukan dan Periode Jabatan:             Legal Basis of Appointment and Term of Office:
Surat Keputusan No. SK.2022.001/PREDI-MIF tentang       Decree Letter No. SK.2022.001/PREDI-MIF concerning
Pembentukan Komite Pengarah Teknologi Informasi         Establishment of the Information Technology Steering
tanggal 14 Maret 2022.                                  Committee dated March 14, 2022.

Riwayat Pendidikan:                                     Educational Background:
• Magister Manajemen dari Universitas Kristen Krida     • Master of Management from University of Kristen
   Wacana (2022); dan                                      Krida Wacana (2022); and
• Sarjana Teknologi Industri dari Universitas           • Bachelor of Industry Technology from Gunadarma
   Gunadarma (2002).                                       University (2002).

Pengalaman Kerja:                                       Work Experience :
• IT Department Head PT BII Finance Center (2011-       • IT Department Head of PT BII Finance Center (2011-
   2014);                                                 2014);
• IT Department Staff PT BII Finance Center (2008-      • IT Department Staff PT BII Finance Center (2008-
   2011);                                                 2011);
• Information System Development/Analyst PT             • Information System Development/Analyst of of
   Austindo Nusantara Jaya Finance (2006-2008);           PT Austindo Nusantara Jaya Finance (2006-2008);
• Network Administrator NGO Urban Poor Concertium       • Network Administrator of NGO Urban Poor
   (2002); dan                                            Concertium (2002); and
• Web Content/Data Entry Kemana.com (1999).             • Web Content/Data Entry of Kemana.com (1999).

Rangkap Jabatan:                                        Concurrent Position:
Information & Communication Technology and              Information & Communication Technology and
Operations Division Head Perseroan (2014-sekarang)      Operations Division Head of the Company
                                                        (2014-present)

Hubungan Afiliasi:                                      Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,      He does not have any affiliated, financial, management,
kepengurusan, kekeluargaan dengan anggota Komite        and family relationship with other members of the
Teknologi Informasi lainnya, anggota Dewan Komisaris,   Information Technology Committee, members of the
anggota Direksi, serta Pemegang Saham Utama dan         Board of Commissioners, members of the Board of
Pengendali.                                             Directors, nor with Majority and Controlling Shareholders.



                                                                                                                     73
Page 74
                                                                                                            ARYANTO
                                                                             Anggota Komite Teknologi Informasi
                                                                      Member of Information Technology Committee



     Warga Negara Indonesia, 41 tahun, berdomisili di Jakarta.   Indonesian Citizen, 41 years old, residing in Jakarta.

     Dasar Hukum Penunjukan dan Periode Jabatan:                 Legal Basis of Appointment and Term of Office:
     Surat Keputusan No. SK.2022.001/PREDI-MIF tentang           Decree Letter No. SK.2022.001/PREDI-MIF concerning
     Pembentukan Komite Pengarah Teknologi Informasi             Establishment of the Information Technology Steering
     tanggal 14 Maret 2022.                                      Committee dated March 14, 2022.

     Riwayat Pendidikan:                                         Educational Background:
     • Magister Manajemen Pemasaran dari Universitas             • Master of Marketing Management from Universitas
        Kristen Krida Wacana (2022); dan                            Kristen Krida Wacana (2022); and
     • Sarjana Ekonomi dari Universitas Kristen Krida Wacana     • Bachelor of Economy from Universitas Kristen Krida
        (2005).                                                     Wacana (2005).

     Pengalaman Kerja:                                           Work Experience :
     • Regional Manager PT BII Finance Center (2012-2017);       • Regional Manager of PT BII Finance Center (2012-
                                                                   2017);
     •   Branch Manager PT BII Finance Center (2008-2012);       • Branch Manager of PT BII Finance Center (2008-2012);
     •   Marketing Supervisor PT BII Finance Center (2007-       • Marketing Supervisor of PT BII Finance Center (2007-
         2008);                                                    2008);
     •   Junior Credit Marketing Officer PT BII Finance Center   • Junior Credit Marketing Officer of PT BII Finance
         (2006-2007);                                              Center (2006-2007);
     •   Marketing Staff Mega Authograha (2005); dan             • Marketing Staff of Mega Authograha (2005); and
     •   Marketing Staff PD. Sandang Kharisma (2004-2005);       • Marketing Staff of PD. Sandang Kharisma (2004-
                                                                   2005).

     Rangkap Jabatan:                                            Concurrent:
     Marketing Division Head Perseroan (2017-sekarang)           Marketing Division Head of the Company (2017-present)

     Hubungan Afiliasi:                                          Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,          He does not have any affiliated, financial, management,
     kepengurusan, kekeluargaan dengan anggota Komite            and family relationship with other members of the
     Teknologi Informasi lainnya, anggota Dewan Komisaris,       Information Technology Committee, members of the
     anggota Direksi, serta Pemegang Saham Utama dan             Board of Commissioners, members of the Board of
     Pengendali.                                                 Directors, nor with Majority and Controlling Shareholders.



               Laporan Tahunan
74   2024      Annual Report
Page 75
                                                                                         Profil Perusahaan
                                                                                           Company Profile




                                                                                                      SUFIANA
                                                                    Anggota Komite Teknologi Informasi
                                                             Member of Information Technology Committee




Warga Negara Indonesia, 50 tahun, berdomisili di        Indonesian Citizen, 50 years old, residing in Jakarta.
Jakarta.

Dasar Hukum Penunjukan dan Periode Jabatan:             Legal Basis of Appointment and Term of Office:
Surat Keputusan No. SK.2022.001/PREDI-MIF tentang       Decree Letter No. SK.2022.001/PREDI-MIF concerning
Pembentukan Komite Pengarah Teknologi Informasi         Establishment of the Information Technology Steering
tanggal 14 Maret 2022.                                  Committee dated March 14, 2022.

Riwayat Pendidikan:                                     Educational Background:
Sarjana Ekonomi dari Universitas Tarumanagara           Bachelor of Economy from Tarumanagara (1997).
(1997).

Pengalaman Kerja:                                       Work Experience :
• Kepala Departemen Accounting Perseroan (2002-         • Accounting Department Head of the Company
   2010); dan                                             (2002-2010); and
• Asistant Supervisor Auditor Kantor Akuntan Publik     • Assistant Supervisor Auditor at Pyblic Accountant
   Deloitte Touche Tohmatsu (1997-2002).                  Firm Deloitte Touche Tohmatsu (1997-2002).

Rangkap Jabatan:                                        Concurrent Position:
Finance and Accounting Division Head Perseroan          Finance and Accounting Division Head of the Company
(2010-sekarang)                                         (2010-present)

Hubungan Afiliasi:                                      Affiliation Relationship:
Beliau tidak memiliki hubungan afiliasi, keuangan,      She does not have any affiliated, financial, management,
kepengurusan, kekeluargaan dengan anggota Komite        and family relationship with other members of the
Teknologi Informasi lainnya, anggota Dewan Komisaris,   Information Technology Committee, members of the
anggota Direksi, serta Pemegang Saham Utama dan         Board of Commissioners, members of the Board of
Pengendali.                                             Directors, nor with Majority and Controlling Shareholders.




                                                                                                                     75
Page 76
                                                                                             BONNY P. MANOEROE
                                                                               Anggota Komite Teknologi Informasi
                                                                        Member of Information Technology Committee



     Warga Negara Indonesia, 55 tahun, berdomisili di Jakarta.    Indonesian Citizen, 55 years old, residing in Jakarta.

     Dasar Hukum Penunjukan dan Periode Jabatan:                  Legal Basis of Appointment and Term of Office:
     Surat Keputusan No. SK.2022.001/PREDI-MIF tentang            Decree Letter No. SK.2022.001/PREDI-MIF concerning
     Pembentukan Komite Pengarah Teknologi Informasi tanggal      Establishment of the Information Technology Steering
     14 Maret 2022.                                               Committee dated March 14, 2022.

     Riwayat Pendidikan:                                          Educational Background:
     Sarjana Peternakan dari Universitas Nusa Cendana (1994).     Bachelor of Livestock from Nusa Cendana University (1994).

     Pengalaman Kerja:                                            Work Experience :
     • Collection - National Remedial Manager PT BII Finance      • Collection - National Remedial Manager of PT BII Finance
        Center (2014-2015);                                         Center (2014-2015);
     • Area Manager PT First Indo American Leasing (2013-         • Area Manager of PT First Indo American Leasing (2013-
        2014);                                                      2014);
     • Asset Management Section Head PT Verena Multi              • Asset Management Section Head of PT Verena Multi
        Finance (2010-2013);                                        Finance (2010-2013);
     • Legal Consultant PT Binatara Persada-Jakarta (2007-        • Legal Consultant of PT Binatara Persada-Jakarta (2007-
        2009);                                                      2009);
     • Research and Development Manager Lembaga Bantuan           • Research and Development Manager of Lembaga
        Hukum dan Pemberdayaan Masyarakat 'Peduli Keadilan',        Bantuan Hukum dan Pemberdayaan Masyarakat 'Peduli
        Jakarta (2004-2006);                                        Keadilan', Jakarta (2004-2006);
     • Research Manager PT Putra Nusa Lontar, Jakarta (2002-      • Research Manager of PT Putra Nusa Lontar, Jakarta
        2004)                                                       (2002-2004)
     • Research and Community Development Manager Pro             • Research and Community Development Manager of
        Millenio Jakarta (2001-2002);                               Pro Millenio Jakarta (2001-2002);
     • Freelance Consultant Pusat Pendidikan Lingkungan           • Freelance Consultant of Pusat Pendidikan Lingkungan
        Hidup, Bali (2001);                                         Hidup, Bali (2001);
     • Field Coordinator PT PLAN International Indonesia, based   • Field Coordinator of PT PLAN International Indonesia,
        in Kupang Program Unit (1998-2001);                         based in Kupang Program Unit (1998-2001);
     • Program Coordinator Australian Baptist Mission Service,    • Program Coordinator of Australian Baptist Mission
        Kupang (1995-1998); dan                                     Service, Kupang (1995-1998); and
     • Volunteer for Voluntary Service Overseas Delsos,           • Volunteer for Voluntary Service Overseas of Delsos,
        Keuskupan Agung Kupang (1994).                              Keuskupan Agung Kupang (1994).

     Rangkap Jabatan:                                             Concurrent Position:
     Collection and Remedial Division Head Perseroan              Collection and Remedial Division Head of the Company
     (2015-sekarang)                                              (2015-present)

     Hubungan Afiliasi:                                           Affiliation Relationship:
     Beliau tidak memiliki hubungan afiliasi, keuangan,           He does not have any affiliated, financial, management,
     kepengurusan, kekeluargaan dengan anggota Komite             and family relationship with other members of the
     Teknologi Informasi lainnya, anggota Dewan Komisaris,        Information Technology Committee, members of the Board
     anggota Direksi, serta Pemegang Saham Utama dan              of Commissioners, members of the Board of Directors, nor
     Pengendali.                                                  with Majority and Controlling Shareholders.



               Laporan Tahunan
76   2024      Annual Report
Page 77
                                                                                        Profil Perusahaan
                                                                                          Company Profile




Profil Kepala Audit Internal
Profile of Head of Internal Audit




                                                                                   MAMAN SUPRIYATNA
                                                                                           Chief Audit Officer
                                                                                           Chief Audit Officer




Warga Negara Indonesia, 52 tahun, berdomisili di         Indonesian Citizen, 52 years old, residing in Bekasi.
Bekasi.

Dasar Hukum Penunjukan dan Periode Jabatan:              Legal Basis of Appointment and Term of Office:
Surat Penunjukan Pejabat Audit Internal PT Maybank       Letter of Appointment of PT Maybank Indonesia
Indonesia Finance tanggal 04 Januari 2021.               Finance's Internal Audit Officer dated January 4, 2021.

Riwayat Pendidikan:                                      Educational Background:
• Magister Manajemen dari Universitas Kristen Krida      • Master of Management from University of Kristen
   Wacana (2022); dan                                       Krida Wacana (2022); and
• Sarjana Ekonomi jurusan Akuntansi dari Universitas     • Bachelor of Economics, majoring in Accounting
   Persada Indonesia YAI, Jakarta (1995).                   from University of Persada Indonesia YAI, Jakarta
                                                            (1995).

Pengalaman Kerja:                                        Work Experience :
• Beberapa posisi di Perseroan sebagai:                  • Several positions at the Company as the followings:
   - Administration Head Cabang Gading Auto                - Administration Head of Gading Auto Center
     Center (2007–2009);                                      (2007-2009);
   - Administration Head Cabang Surabaya (2002–            - Administration Head of Surabaya Branch (2002-
     2007);                                                   2007);
   - Audit Internal (1996–2002);                           - Internal Audit (1996-2002);
• Staf Audit Kantor Akuntan Publik Robert Yogi (1996).   • Audit Sfaff at Public Accountant Firm Robert Yogi
                                                           (1996).

Rangkap Jabatan:                                         Concurrent Position:
Chief Audit Officer Perseroan (2011-sekarang)            Chief Audit Officer of the Company (2011-present)




                                                                                                                   77
Page 78
     Profil Sekretaris Perusahaan
     Profile of Corporate Secretary

     ARIEF SOERENDRO
     Sekretaris Perusahaan
     Corporate Secretary

     Dasar Hukum Penunjukan dan Periode Jabatan:               Legal Basis of Appointment and Term of Office:
     Surat Keputusan No. SK.2021.001/PREDI-MIF tanggal         Decree No. SK.2021.001/PREDI-MIF dated February 08,
     08 Februari 2021.                                         2021.

     Profil lengkap beliau dapat dilihat pada Profil Direksi   His complete profile is available in the Board of
     dalam Laporan Tahunan ini.                                Directors’ Profiles section of this Annual Report.




     Profil Pejabat Eksekutif
     Profile of Executive Officers


                                                               Warga Negara Indonesia, berusia 41 tahun, dan
                                                               berdomisili di Jakarta. Meraih gelar Sarjana Hukum
                                                               dari Universitas Trisakti pada tahun 2007 dan Magister
                                                               dari Universitas Kristen Krida Wacana pada tahun
                                                               2022. Bergabung dengan Perseroan sejak 2018.
                                                               Indonesian citizen, 41 years old, and residing in Jakarta.
                                                               He held his Bachelor of Laws from Trisakti University
                                                               in 2007 and Master of Management from Krida Wicana
                                                               Christian University in 20 22. Joined the Company
                                                               since 2018.
        HENDRA SATIA DITAMA
        Legal Division Head




                                                               Warga Negara Indonesia, berusia 41 tahun, dan
                                                               berdomisili di Jakarta. Meraih gelar Sarjana Sistem
                                                               Informasi dari Universitas Bina Nusantara pada tahun
                                                               2005 dan Magister dari Universitas Kristen Krida
                                                               Wacana pada Tahun 2022. Bergabung dengan
                                                               Perseroan sejak 2007.
                                                               Indonesian citizen, 41 years old, and residing in Jakarta.
                                                               He held a Bachelor of Information Systems from Bina
                                                               Nusantara University in 2005 and a Master,s degree
                                                               from Krida Wacana Christian University in 2022. Joined
                                                               the Company since 2007.
        RICKY HERTANU
        Business Development Division Head




               Laporan Tahunan
78   2024      Annual Report
Page 79
                                                                         Profil Perusahaan
                                                                           Company Profile




                                        Warga Negara Indonesia, berusia 51 tahun, dan
                                        berdomisili di Jakarta. Meraih gelar Sarjana Ekonomi
                                        dari Universitas Andalas pada tahun 1998. Bergabung
                                        dengan Perseroan sejak 2007.
                                        Indonesian citizen, 51 years old, and residing in Jakarta.
                                        He held a Bachelor of Economics from Andalas
                                        University in 1998. Joined the Company in 2007.




ZAHRIL
Internal Control Unit Department Head




                                        Warga Negara Indonesia, berusia 46 tahun, dan
                                        berdomisili di Jakarta. Meraih gelar Sarjana Akuntansi
                                        dari STIE Musi tahun 1999, dan Magister Manajemen
                                        dari Universitas Trisakti. Bergabung dengan Perseroan
                                        tahun 2010.
                                        Indonesian citizen, 46 years old, and residing in
                                        Jakarta. He held a Bachelor of Accounting from STIE
                                        Musi in 1999, and a Master’s Degree in Finance from
                                        the University of Trisakti. Joined the Company in 2010.

ANTON
Fleet and Heavy Equipment & Machinery
Division Head




                                                                                                     79
Page 80
     Informasi Pemegang Saham
     Information on Shareholders


     Komposisi Pemegang Saham                              Composition 0f Shareholders

                                    Jumlah Saham
                                                                          Kepemilikan
        Pemegang Saham             (Lembar Saham)      Nilai Nominal                       Status Kepemilikan
                                                                           Ownership
          Shareholders               Total Shares        Par Value                          Ownership Status
                                                                              (%)
                                  (Number of Shares)

     Per 1 Januari 2024
     As of January 1, 2024

     Kepemilikan Mencapai 5% atau Lebih
     Ownership to 5% or Above

     PT Bank Maybank                      32.369.999    32.369.999.000            99,99 Perseroan Terbatas
     Indonesia Tbk                                                                      (Pemegang Saham
                                                                                        Lokal)
                                                                                        Limited Liability
                                                                                        Company (Local
                                                                                        Shareholders)

     Kepemilikan Kurang dari 5%
     Ownership Below 5%

     Koperasi Karyawan Bank                        1              1.000             0,01 Koperasi (Pemegang
     Internasional Indonesia                                                             Saham Lokal)
     Employees Cooperative                                                               Cooperative (Local
     of Bank Internasional                                                               Shareholders)
     Indonesia

     Total                                32.370.000    32.370.000.000            100,00

     Per 31 Desember 2024
     As of December 31, 2024

     Kepemilikan Mencapai 5% atau Lebih
     Ownership to 5% or Above

     PT Bank Maybank                      32.369.999    32.369.999.000            99,99 Perseroan Terbatas
     Indonesia Tbk                                                                      (Pemegang Saham
                                                                                        Lokal)
                                                                                        Limited Liability
                                                                                        Company (Local
                                                                                        Shareholders)

     Kepemilikan Kurang dari 5%
     Ownership Below 5%

     Koperasi Karyawan Bank                        1              1.000             0,01 Koperasi (Pemegang
     Internasional Indonesia                                                             Saham Lokal)
     Employees Cooperative                                                               Cooperative (Local
     of Bank Internasional                                                               Shareholders)
     Indonesia

     Total                                32.370.000    32.370.000.000           100,00




              Laporan Tahunan
80   2024     Annual Report
Page 81
                                                                                   Profil Perusahaan
                                                                                     Company Profile




Komposisi Pemegang Saham                               Composition of Shareholders by
Berdasarkan Status Kepemilikan                         Ownership Status

                                                                Jumlah Saham
                                         Jumlah Pemegang                                 Kepemilikan
                 Uraian                                        (Lembar Saham)
                                               Saham                                      Ownership
               Description                                       Total Shares
                                         Total Shareholders                                  (%)
                                                              (Number of Shares)

 Kepemilikan Institusi Lokal
                                                 2                32.370.000                 100,00
 Local Institution Ownership

 Kepemilikan Institusi Asing
                                                 -                    -                          -
 Foreign Institution Ownership

 Kepemilikan Individu Lokal
                                                 -                    -                          -
 Local Individual Ownership

 Kepemilikan Individu Asing
                                                 -                    -                          -
 Foreign Individual Ownership

 Total                                           2                32.370.000                 100,00




Kepemilikan Saham Dewan Komisaris                      Share Ownership of the Board of
dan Direksi                                            Commissioners and the Board of
                                                       Directors

Hingga akhir tahun 2024, Dewan Komisaris dan Direksi   As of the end of 2024, the incumbent Board of
yang sedang menjabat tidak memiliki saham Perseroan    Commissioners and Board of Directors do not own
baik secara langsung maupun tidak langsung.            the Company’s shares directly and indirectly.




                                                                                                         81
Page 82
     Pemegang Saham Utama dan Pengendali
     Majority and Controlling Shareholders


     Berdasarkan komposisi kepemilikan saham per 31                      Based on the share ownership composition as of
     Desember 2024, Pemegang Saham Utama dan                             December 31, 2024, the Majority and Controlling
     Pengendali Perseroan adalah PT Bank Maybank                         Shareholders was PT Bank Maybank Indonesia Tbk
     Indonesia Tbk yang memiliki saham Perseroan                         that owned 99.99% of the Company’s shares with the
     sebanyak 99,99% dengan informasi sebagai                            following information.
     berikut:



                                         Citigroup Nominees                                                   Investor Institusi dan
       Amanah Raya Trustees
                                        (Tempatan) Sdn Bhd                          Permodalan                    Ritel Lainnya
       Berhad (B/O: Amanah                (B/O: Employees                          Nasional Berhad            Others : Corporate &
        Saham Bumiputera)              Provident Fund Board)
                                                                                         6,52%                 Retails Shareholders
             30,51%                          13,08%                                                                   49,89%




                                                         Malayan Banking Berhad




                                             Maybank Offshore
                   Sorak Financial                                                 Vital             Masyarakat <5%
                                             Corporate Services
                  Holdings Pte. Ltd.                                           Solution Fund           Public <5%
                                             (Labuan) Sdn Bhd
                      45,02%                                                       8,73%                12,29%
                                                  33,96%




                                                       PT Bank Maybank Indonesia Tbk




                                                          PT Maybank Indonesia Finance
                                                                   99,99%




               Laporan Tahunan
82   2024      Annual Report
Page 83
                                                                                                                          Profil Perusahaan
                                                                                                                            Company Profile




Struktur Korporasi
Corporate Structure


Berikut adalah struktur korporasi Perseroan per akhir                         Below is the Company’s corporate structure as of the
tahun 2024.                                                                   end of 2024.

                                         Citigroup Nominees                                                                  Investor Institusi dan
  Amanah Raya Trustees
                                        (Tempatan) Sdn Bhd                              Permodalan                               Ritel Lainnya
  Berhad (B/O: Amanah                     (B/O: Employees                              Nasional Berhad                       Others : Corporate &
   Saham Bumiputera)                   Provident Fund Board)
                                                                                            6,52%                            Retails Shareholders
        30,51%                                    13,08%                                                                            49,89%




                                                             Malayan Banking Berhad




                                                  Maybank Offshore
               Sorak Financial                                                         Vital                      Masyarakat <5%
                                                  Corporate Services
              Holdings Pte. Ltd.                                                   Solution Fund                    Public <5%
                                                  (Labuan) Sdn Bhd
                  45,02%                                                               8,73%                           12,29%
                                                       33,96%




                                                            PT Bank Maybank Indonesia Tbk




                    PT Maybank Indonesia Finance                                               PT Wahana Ottomitra Multiartha Tbk
                             99,99%                                                                        67,49%




                            Sekuritas Indonesia
                    PT Maybank Sekuritas Indonesia
                              15,00%




Informasi Grup Perusahaan
Information on the Company’s Group

Malayan Banking Berhad (Grup Maybank) didirikan                               Malayan Banking Berhad (Maybank Group) was
pada 31 Mei 1960 sebagai salah satu perusahaan                                established on May 31, 1960, as one of the biggest
jasa keuangan terbesar di Asia Tenggara yang                                  financial services company in Southeast Asia having
berkantor pusat di Kuala Lumpur, Malaysia. Grup                               it head office in Kuala Lumpur, Malaysia. The Maybank
Maybank memberikan berbagai layanan jasa                                      Group offers various financial services both commercial
keuangan, baik konvensional maupun syariah dalam                              and sharia in the forms of bank, investment, and
bentuk perbankan komersial, investasi, dan                                    insurance.
asuransi.


                                                                                                                                                      83
Page 84
     Entitas Anak, Perusahaan Asosiasi, dan Perusahaan Ventura
     Subsidiary, Associated Company, and Joint Venture


     Hingga 31 Desember 2024, Perseroan tidak memiliki         Until the end of December 31, 2024, the Company did
     Entitas Anak, perusahaan asosiasi, dan perusahaan         not have any Subsidiary, associated company or
     ventura. Namun, Perseroan memiliki perusahaan             joint venture. However, the Company has an affiliated
     afiliasi yang dijelaskan sebagai berikut:                 company as explained below:


      Perusahaan Afiliasi                                  PT Maybank Sekuritas Indonesia
      Affiliated Company                                   Gedung Sentral Senayan III Lt. 22
                                                           Jl. Asia Afrika No.8
                                                           Gelora Bung Karno, Senayan Jakarta, 10270
                                                           T : (6221) 8066 8500
                                                           F : (6221) 8066 8501
                                                           E : cs.indonesia@maybank.com
                                                           W : www.maybank-ke.co.id


     Dasar Pendirian            Didirikan dengan nama PT KES Sinar Mas Securities pada 21 Juni 1990. Pada tahun 2013,
     Basis of Establishment     berubah nama menjadi PT Maybank Kim Eng Securities. Kemudian pada 22 Februari
                                2018 berubah nama kembali menjadi PT Maybank Kim Eng Sekuritas guna memenuhi
                                peraturan Otoritas Jasa Keuangan dan telah disetujui oleh Menteri Hukum dan Hak
                                Asasi Manusia Republik Indonesia melalui surat No. AHU-0004147.AH.01.02. Tahun 2018.
                                Pada tahun 2021, PT Maybank Kim Eng Sekuritas melakukan penyelarasan nama brand
                                dan entitasnya dengan Maybank sebagai master brand menjadi PT Maybank Sekuritas
                                Indonesia.
                                The Company was established in the name of PT KES Sinar Mas Securities on June 21,
                                1990. In 2013 the name was changed to PT Maybank Kim Eng Securities. Further, on
                                February 22, 2018 it was changed again to PT Maybank King Eng Sekuritas to meet
                                the regulations of the Financial Services Authorities, and it has been approved by the
                                Minister of Law and Human Rights of the Republic of Indonesia through a letter No. AHU-
                                0004147.AH.01.02 Year 2018. In 2021, PT Maybank Kim Eng Sekuritas alligned its brand
                                name and entity with Maybank as the master brand to PT Maybank Sekuritas Indonesia.
     Tempat Kedudukan
                                Jakarta
     Domicile
     Kepemilikan Saham
                                15,00%
     Share Ownership
     Total Aset per 31
     Desember 2024
                                Rp2.592.954.847.821 Rupiah (nilai penuh | full amount)
     Total Assets as of
     December 31, 2024
     Bidang Usaha               Penjamin emisi dan perantara pedagang efek
     Business Sector            Underwriter and securities broker
     Status Operasi             Beroperasi sejak 21 Juni 1990
     Operational Status         In operation since June 21, 1990
     Susunan Pengurus           Dewan Komisaris
     Composition of the         Presiden Komisaris dan Komisaris Independen: I Nyoman Tjager
     Management                 Komisaris: Dato’ Abdul Hamid Bin SH Mohamed
                                Komisaris: Deswandhy Agusman
                                Direksi
                                Direktur Utama : Wilianto
                                Direktur: Azrul Azwar Bin Ab Latif
                                Direktur: Wiwiek Susanto
                                Board of Commissioners
                                President Commissioner and Independent Commissioner: I Nyoman Tjager
                                Commissioner: Dato ‘Abdul Hamid Bin SH Mohamed
                                Commissioner: Deswandhy Agusman
                                Board of Directors
                                President Director: Wilianto
                                Director: Azrul Azwar Bin Ab Latif
                                Director: Wiwiek Susanto



              Laporan Tahunan
84   2024     Annual Report
Page 85
                                                                                               Profil Perusahaan
                                                                                                 Company Profile




Alamat Kantor Cabang dan Kantor Perwakilan
Addresses of Branch Offices and Representative Offices


                                          Kantor Cabang | Branch Office


                                                    Nomor Izin    Tanggal Izin      Surat
        Cabang/Ho                 Alamat               OJK           OJK           Pindah          Kode        Telepon
 No.                 Area
       Branch Office              Address           Number of     Date of OJK     Transfer         Code         Phone
                                                    OJK License     Licese       Certificate
Kantor Pusat           HO   Wisma Eka Jiwa,        888/           22 Agustus     S-1067/           A2       021-
Head Office                 10th Floor             KMK.013/1991   1991           MK.10/2010                 62300088
                            Jalan Mangga Dua       JO KEP-237/    August 22,
                            Raya Jakarta 10730     KM.5/2005      1991

1.     Jakarta Pusat   A    Wisma Eka Jiwa,        KEP-440/       06 Juni 2011                     A1       021-
                            10th Floor             KM.10/2011     June 6, 2011                              62300088
                            Jalan Mangga Dua
                            Raya Jakarta 10730

2.     Batam           C    Komplek Pertokoan      KEP-127/       23 Agustus                       A1       077-451477
                            Citra Mas Blok C       NB.111/2017    2017
                            Nomor 3, Baloi,                       August 23,
                            Batam                                 2017

3.     Aceh            C    Jalan Dr. Mr. H.       KEP-370/       24                               A1       0651-22466
                            Muhammad Hasan,        NB.111/2018    September
                            Kelurahan Batoh,                      2018
                            Kecamatan Lueng                       September
                            Bata, Banda Aceh                      24, 2018
                            23245

4.     Bandung         B    Jalan Naripan No.72, KEP-106/         05 April 2006 S-4287/            A3       022-
                            Rt.05/04 Kelurahan KM.5/2006          April 5, 2006 NB.111/2016                 20522689
                            Kebon Pisang,
                            Kecamatan Sumur
                            Bandung, Bandung,
                            Jawa Barat

5.     Karawang        C    Jalan Arteri           KEP-33/        05 April 2006 S-2511/            A1       0267-
                            Karawang               NB.111/2016    April 5, 2006 NB.111/2020                 8414468,
                            Barat Ruko                                                                      0267-
                            Dharmawangsa 2                                                                  8414471,
                            Blok C No. 16, Desa                                                             0267-
                            Sukamakmur,                                                                     8414469
                            Kecamatan
                            Telukjambe
                            Timur, Kabupaten
                            Karawang, Jawa
                            Barat

6.     Yogyakarta      B    Ruko Ambasador         KEP-287/       10 November S1278/               A3       0274-6411607
                            Business Center,       NB.111.2021    2021,        NB.111/2016
                            Jalan Letjend                         November 10,
                            Suprapto                              2021
                            Nomor 368 Blok
                            B, Kelurahan
                            Pringgokusuman,
                            Kecamatan
                            Gedongtengen,
                            Kota Yogyakarta,
                            Daerah Istimewa
                            Yogyakarta, 55272

7.     Denpasar        D    Jalan Gatot            KEP-029/       26 Februari    S-4212/           A2       0361-
                            Subroto Tengah         KM.10/2007     2007           NB.111/2019                9093858
                            No. 279, Ruko No. 8,                  February 26,
                            Denpasar, Bali                        2007




                                                                                                                           85
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                                                          Nomor Izin    Tanggal Izin       Surat
             Cabang/Ho                 Alamat                OJK           OJK            Pindah      Kode     Telepon
      No.                 Area
            Branch Office              Address            Number of     Date of OJK      Transfer     Code      Phone
                                                          OJK License     Licese        Certificate
     8.     Jambi           C    Jalan Prof. Dr. M.      KEP-54/        26 Januari      S-5505/       A2     0741-33330
                                 Yamin Rt. 19 No. 17C,   KM.10/2012     2012            NB.111/2018
                                 Kelurahan Payo                         January 26,
                                 Lebar                                  2012

     9.     Tangerang       A    Ruko Emerald            KEP-363/       21 September                  A1     021-22215810
            Selatan 1            Evenue 2 Blok           NB.111/2018    2018
                                 Eb/B 11, Bintaro                       September
                                 Jaya, Kelurahan                        21, 2018
                                 Perigi, Kecamatan
                                 Pondok Aren, Kota
                                 Tangerang Selatan
                                 Banten

     10.    Bogor           B    Jalan Raya              KEP-177/       26 Agustus                    A1     0251-
                                 Pajajaran No. 20        KM.10/2008     2008                                 8335962
                                 (28 L), Rt. 001 Rw.                    August 26,
                                 005 Kelurahan                          2008
                                 Bantarjati,
                                 Kecamatan Bogor
                                 Utara, Kota Bogor

     11.    Bandar          C    Trans Park Lampung S-1532/             06 April 2011                 A1
            Lampung              No. 0000026,        NB.111/2020        April 6, 2011
                                 Jalan Sultan
                                 Agung Nomor 283,
                                 Kawasan Transmart,
                                 Ruko Transpark No
                                 61, Way Halim, Kota
                                 Bandar Lampung

     12.    Banjarmasin     D    Jalan A. Yani        KEP-313/          06 April 2011                 A1     0511-4240270
                                 Kilometer 7600 No.   KM.10/2011        April 6, 2011
                                 10, Rt.003/Rw.001,
                                 Desa Kertak Hanyar
                                 Ii, Kecamatan Kertak
                                 Hanyar, Kabupaten
                                 Banjar

     13.    Samarinda       D    Jalan Ir. H. Juanda     KEP-439/       06 Juni 2011    S-2904/       A2     0541-766840
                                 Komplek Ruko            KM.10/2011     June 6, 2011    NB.111/2014
                                 Plaza Juanda Blok
                                 B 29 Kelurahan Air
                                 Hitam, Kecamatan
                                 Samarinda Ulu,
                                 Samarinda

     14.    Cirebon         B    Ruko Cirebon            KEP-285/       10 November S-5932/           A2     0231-
                                 Super Blok Berry        NB.111/2021    2021         NB.111/2018             8336094
                                 Green Nomor 22,                        November 10,
                                 Jalan Dr. Cipto                        2021
                                 Mangunkusumo
                                 Nomor 26,
                                 Kelurahan
                                 Pekiringan,
                                 Kecamatan
                                 Kesambi, Kota
                                 Cirebon, Provinsi
                                 Jawa Barat, 45131




               Laporan Tahunan
86   2024      Annual Report
Page 87
                                                                                               Profil Perusahaan
                                                                                                 Company Profile




                                                   Nomor Izin    Tanggal Izin       Surat
        Cabang/Ho                Alamat               OJK           OJK            Pindah          Kode        Telepon
 No.                 Area
       Branch Office             Address           Number of     Date of OJK      Transfer         Code         Phone
                                                   OJK License     Licese        Certificate
15.    Manado          D    Ruko Kawasan       KEP-441/          06 Juni 2011                      A1       0431-840155
                            Mega Mas Blok C    KM.10/2011        June 6, 2011
                            24-29, Jalan Piere
                            Tendean Lingk I,
                            Kelurahan Wenang
                            Selatan, Kecamatan
                            Wenang, Kota
                            Manado

16.    Padang          C    Jalan Ujung           KEP-56/        26 Januari      S-4698/           A3       0751-4481243
                            Gurun Nomor 154,      KM.10/2012     2012            NB.111/2017
                            Kelurahan Ujung                      January 26,
                            Gurun, Kecamatan                     2012
                            Padang Barat,
                            Padang

17.    Pekanbaru       C    Jalan Soekarno        KEP-177/       26 Agustus      S-3441/           A3       0761-39333
                            Hatta Blok B/9 dan    KM.10/2008     2008            NB.111/2020
                            B/10, Kelurahan                      August 26,
                            Sidomulyo, Timur,                    2008
                            Kecamatan
                            Marpoyan Damai,
                            Pekanbaru, Riau

18.    Palembang       C    Jalan Letda A Rozak   KEP-048/       26 Maret        S-4701/           A3       0711-5626811
                            Komplek Ruko          KM.10/2008     2008            NB.111/2017
                            Taman Harapan                        March 26,
                            Indah Blok A.1,                      2008
                            Kelurahan Duku,
                            Kecamatan Ilir
                            Timur Ii Palembang

19.    Medan           C    Jalan Tengku Amir     KEP-048/       26 Maret        S-725/            A3       061-6620811
                            Hamzah No. 41 A-B,    KM.10/2008     2008            NB.111/2016
                            Kelurahan Sei Agul,                  March 26,
                            Kecamatan Medan                      2008
                            Barat, Medan
                            Sumatra Utara

20.    Makassar        D    Jalan Veteran         KEP-048/       26 Maret        S-2131/           A2       0411-3619901
                            Utara nomor 250,      KM.10/2008     2008            NB.111/2022
                            kelurahan lariang                    March 26,
                            bangi, kecamatan                     2008
                            makassar, kota
                            makassar

21.    Bekasi          A    Jalan Jend. A. Yani  KEP-177/        26 Agustus      S-455/            A2       021-
                            Bekasi Square No.    KM.10/2008      2008            MK.10/2011                 82425538
                            68, Kel. Pekayon                     August 26,
                            Jaya, Kec. Bekasi                    2008
                            Selatan, Kota Bekasi

22.    Jakarta Utara   A    Plaza Kelapa      KEP-106/           5 April 2006    S-455/            A2       021-
                            Gading Blok.a     KM.5/2006          April 5, 2006   MK.10/2011                 45865300
                            No. 61-62, Jalan
                            Boulevard Barat,
                            Kelurahan Kelapa
                            Gading Barat,
                            Kecamatan Kelapa
                            Gading, Kotamadya
                            Jakarta Utara




                                                                                                                           87
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                                                       Nomor Izin    Tanggal Izin       Surat
            Cabang/Ho                Alamat               OJK           OJK            Pindah      Kode     Telepon
     No.                 Area
           Branch Office             Address           Number of     Date of OJK      Transfer     Code      Phone
                                                       OJK License     Licese        Certificate
     23.   Jakarta         A    Jalan Panglima     KEP-106/          5 April 2006    S-141/        A2     021-7230302
           Selatan              Polim Raya No. 44, KM.5/2006         April 5, 2006   MK.10/2011
                                Melawai, Kebayoran
                                Baru, Jakarta
                                Selatan

     24.   Surabaya        D    Jalan Jemur           KEP-106/       5 April 2006    S-2157/       A2
                                Handayani 36A         KM.5/2006      April 5, 2006   NB.111/2020
                                & 36B, Kelurahan
                                Siwalankerto,
                                Kecamatan
                                Wonocolo, Kota
                                Surabaya

     25.   Semarang        B    Jalan Anjasmoro       KEP-106/       5 April 2006    S-468/        A2     024-7615751
                                Raya No. 41-          KM.5/2006      April 5, 2006   MK.10/2011
                                A, Kelurahan
                                Karangayu,
                                Kecamatan
                                Semarang Barat,
                                Semarang

     26.   Bekasi II       A    Perum Citra Grand     KEP-32/        5 April 2016    S-363/        A2     021-29062519
           (Cibubur)            R11/1, Kelurahan      NB.111/2016    April 5, 2016   NB.111/2019
                                Jatisampurna,
                                Kecamatan
                                Jatisampurna,
                                Bekasi, Jawa Barat

     27.   Jakarta Barat   A    Jalan Kampung       KEP-333/         05 Juli 2012                  A1     021-
                                Kedoya Rt.19/Rw.10, KM.10/2012       July 5, 2012                         29424670
                                Kelurahan Kedoya
                                Selatan, Kecamatan
                                Kebon Jeruk, Kota
                                Jakarta Barat (Ruko
                                Graha Arteri Mas,
                                Kav 41 Jl Panjang
                                Nomor 68, Jakarta
                                Barat)

     28.   Depok           A    Jalan M. Yusuf Raya   KEP-435/       17 Desember                   A1     021-29441373
                                Rt/Rw.002/022         NB.111/2014    2014
                                Kelurahan                            December 17,
                                Mekarjaya,                           2014
                                Kecamatan
                                Sukmajaya, Kota
                                Depok

     29.   Tangerang       A    Jalan Jalur         KEP-286/         10 November S-621/            A2     021-29670142
                                Sutera Timur 16a    NB.111.2021      2021         NB.11/2014
                                Nomor 19-20,                         November 10,
                                Kelurahan Kunciran,                  2021
                                Kecamatan Pinang,
                                Kota Tangerang,
                                Provinsi Banten,
                                15155

     30.   Pangkal-        C    Jalan Soekarno        KEP-380/       31 Oktober                    A1     0717-437392
           pinang               Hatta, Kelurahan      NB.111/2018    2018
           (Bangka)             Semabung Raya,                       October 31,
                                Kec. Girimaya, Kota                  2018
                                Pangkalpinang




              Laporan Tahunan
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Page 89
                                                                                                  Profil Perusahaan
                                                                                                    Company Profile




              Kantor Perwakilan                                            Alamat
 No.
             Representative Office                                         Address

SPU

1.       Cikarang                      Ruko Roxy Blok B No. 25 Jl. Mh Thamrin, Kel. Cibatu, Kel. Cikarang Selatan, Bekasi

2.       Cilegon                       Ruko Serang City Blok Ra No. 15 Drangong, Serang Barat, Banten

3.       Lombok                        Jl. Tumpang Sari, Lingkungan Karang Siluman Utara, Kelurahan Cakranegara
                                       Timur, Kecamatan Cakranegara, Kota Mataram

4.       Gorontalo                     Gedung Maybank Lantai 3, Jl. Nani Wartabone No. 32 B-C, Gorontalo

5.       Jember                        Jl. Mojopahit No. 23, Kel. Sempusari, Kec. Kaliwates, Jember

6.       Palangkaraya                  JL. Yos Sudarso Kecamatan Jekan Raya Kelurahan Menteng Blok No. 01 Kota
                                       Palangkaraya

7.       Duri                          Jl. Hang Tuah, No. 474-B, Rt/Rw. 002/005, Kelurahan Air Jamban, Kecamatan
                                       Mandau, Kabupaten Bengkalis, Riau

8.       Aceh                          Jalan Dr. Mr. H. Muhammad Hasan, Kelurahan Batoh, Kecamatan Lueng Bata,
                                       Banda Aceh 23245

9.       Malang                        Ruko De Panorama Square No B3 Jl. A Yani no. B-3 Kel. Purwodadi Kec. Blimbing
                                       – Kota Malang 65125

10.      Surakarta (Solo)              Ruko the Park Solo Blok-23 Jalan Ir. Soekarno Kelurahan Madegondo
                                       Kecamatan Grogol Sukoharjo Jawa Tengah 57552

11.      Balikpapan                    Jalan Jenderal Sudirman Kompleks Pertokoan Balikpapan Permai Blok B No.
                                       640 Rt.015, Kelurahan Damai, Kecamatan Balikpapan Selatan, Balikpapan,
                                       Kalimantan Timur




Lembaga dan Profesi Penunjang Pasar Modal
Capital Market Supporting Institutions and Professions


        Lembaga
                                                                                                               Biaya
         Profesi            Nama              Alamat             Jasa yang Diberikan     Periode
                                                                                                                Fee
      Professional          Name              Address             Services Provided      Period
                                                                                                               (Rp)
       Institution

Kantor Akuntan        KAP              Indonesia Stock           Audit atas laporan        2024             Rp330.000.000
Publik                Purwantono,      Exchange Building         keuangan. Tidak ada
Public                Sungkoro &       Tower 2 Lt. 7 Jl. Jend.   jasa non audit yang
Accountant            Surja            Sudirman Kav. 52-53       diberikan.
Firm                                   Jakarta, 12190            Audit on financial
                      Akuntan Publik                             statements. There
                      Public                                     was no non-audit
                      Accountant                                 services provided.
                      Purwantono,
                      Sungkoro &
                      Surja

Lembaga               Fitch Ratings    DBS Tower Lt. 24 Jl.      Pemeringkatan             2024               Rp147.150.000
Pemeringkat           Indonesia        Prof. DR. Satrio Kav.     korporasi dan
Rating Agency                          3-5 Jakarta, 12940        obligasi-obligasi
                                                                 yang diterbitkan
                                                                 Perseroan.
                                                                 Ratings of corporate
                                                                 and bonds issued by
                                                                 the Company.




                                                                                                                              89
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     Akses Informasi Perusahaan
     Access of the Company’s Information


     Perseroan menyediakan akses informasi bagi      The Company provides information access for its
     Pemegang Saham dan pemangku kepentingan untuk   Shareholders and stakeholders to obtain more
     mendapatkan informasi lebih lanjut melalui:     information through the following:




                                       Sekretaris Perusahaan
                                       Corporate Secretary

                                       ARIEF SOERENDRO




                                       Alamat
                                       Address

                                       Wisma Eka Jiwa Lt. 10
                                       Jl. Mangga Dua Raya, Mangga Dua Selatan,
                                       Jakarta, 10730




                                       Telephone      (021) 6230 0088
                                       Faximile       (021) 6230 0099
                                       Call Center    0804 1168 811
                                       SMS Center     0818 0216 8811




                                       Email		        legal@maybankfinance.co.id
                                       Website        www.maybankfinance.co.id




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                                                                                  Profil Perusahaan
                                                                                    Company Profile




Informasi pada Situs Web Perusahaan
Information on the Company’s Website




Sesuai dengan Peraturan Otoritas Jasa Keuangan       In accordance with the regulation of the Financial
No.8/POJK.04/2015 tentang Situs Web Emiten atau      Services Authority No.8/POJK.04/2015 on the Website
Perusahaan Publik, Perseroan telah memuat berbagai   of Issuers or Public Companies, the Company has
informasi pada website dalam Bahasa Indonesia.       provided information on its website in Indonesian
Beberapa informasi yang disajikan dalam website      language. Information provided in the Company’s
Perseroan antara lain sebagai berikut:               website is as follows:
1. Beranda;                                          1. Homepage;
2. Profil;                                           2. Profile;
3. Hubungan Investor;                                3. Investor Relations;
4. Produk;                                           4. Products;
5. Berita;                                           5. News;
6. Informasi Pembiayaan;                             6. Financing Information;
7. Karier;                                           7. Career;
8. Kontak; dan                                       8. Contact; and
9. Reservasi Online.                                 9. Online Reservation.

Website Perusahaan dapat diakses melalui www.        The Company’s website can be accessed through
maybankfinance.co.id.                                www.maybankfinance.co.id.




                                                                                                           91
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Page 93

          
Page 94
     Sumber Daya Manusia
     Human Resources


     Sumber Daya Manusia (SDM) merupakan salah satu         Human Resources (HR) is one of the most important
     aset paling penting dalam keberhasilan operasional     assets in the operational success and sustainable
     dan pertumbuhan berkelanjutan di Maybank Finance.      growth at Maybank Finance. As the main pillar that
     Sebagai pilar utama yang menggerakkan strategi         drives the Company's strategy, HR not only plays a
     Perseroan, SDM tidak hanya berperan dalam              role in carrying out operational tasks but also becomes
     menjalankan tugas operasional tetapi juga menjadi      the motor of innovation, adaptation and transformation
     motor inovasi, adaptasi, dan transformasi di tengah    amid the changing dynamics of the financial industry.
     dinamika industri keuangan yang terus berubah.

     Dalam rangka menjaga daya saing dan keberlanjutan      In order to maintain competitiveness and business
     bisnis, Maybank Finance menerapkan pengelolaan         sustainability, Maybank Finance implements through
     SDM yang menyeluruh dan strategis. Hal ini meliputi    and strategic HR management. This includes
     rekrutmen berbasis kompetensi, pengembangan            competency-based recruitment, continuous skills
     keterampilan secara berkelanjutan, dan menciptakan     development, and creating an inclusive and
     lingkungan kerja yang inklusif, serta kolaboratif.     collaborative work environment. Training and
     Program pelatihan dan pengembangan dirancang           development programs are designed to improve
     untuk meningkatkan keterampilan teknis, kemampuan      employees' technical skills, leadership capabilities,
     kepemimpinan, serta adaptabilitas karyawan dalam       and adaptability in facing industry challenges.
     menghadapi tantangan industri.

     Selain itu, Maybank Finance juga berkomitmen pada      In addition, Maybank Finance is also committed to
     kesejahteraan karyawan melalui berbagai inisiatif      employee welfare through various work-life balance
     keseimbangan kerja-kehidupan (work-life balance),      initiatives, wellness programs, and performance
     program kesehatan, dan penghargaan kinerja.            awards. The Company understands that prosperous
     Perseroan memahami bahwa karyawan yang sejahtera       employees will contribute optimally to the success
     akan memberikan kontribusi optimal bagi keberhasilan   of the organization.
     organisasi.

     Keberlanjutan dalam pengelolaan SDM juga menjadi       Sustainability in HR management is also an important
     fokus penting bagi Maybank Finance untuk mendorong     focus for Maybank Finance to encourage awareness
     kesadaran akan tanggung jawab sosial,                  of social responsibility, character development, and
     pengembangan karakter, dan komitmen terhadap           commitment to corporate values. These efforts ensure
     nilai-nilai perusahaan. Upaya ini memastikan bahwa     that each individual at Maybank Finance not only
     setiap individu di Maybank Finance tidak hanya         develops professionally but also personally, so as to
     berkembang secara profesional tetapi juga secara       become an agent of change that supports the growth
     pribadi, sehingga mampu menjadi agen perubahan         of the Company and society at large.
     yang mendukung pertumbuhan Perseroan dan
     masyarakat secara luas.




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                                                                                         Pendukung Bisnis
                                                                                           Business Support




Struktur Organisasi SDM                                  Human Resources Organizational Structure


                                 Human Resources and General Affairs
                                           Division Head



                                          Human Resources
                                          Department Head




       HRIS and Administration                                          Recruitment and
             Supervisor                                                Training Supervisor




              HRIS and
                                                        Recruitment Staff               Training Staff
          Administration Staff




Pengembangan Organisasi SDM                              Human Resources Organizational
                                                         Development

Pengembangan SDM di Maybank Finance berfokus             HR development at Maybank Finance focuses on
pada menciptakan tenaga kerja yang kompeten,             creating a competent, adaptive and competitive
adaptif, dan berdaya saing melalui berbagai program      workforce through various innovative programs as
inovatif sebagai berikut:                                follows:

1. Internship                                            1. Internship
   Maybank Finance menjalin kemitraan dengan                Maybank Finance partners with private universities
   universitas swasta di Jakarta melalui program            in Jakarta through an internship program designed
   internship yang dirancang untuk memberikan               to provide students with hands-on experience
   mahasiswa pengalaman langsung bekerja di                 working in a professional environment. This program
   lingkungan profesional. Program ini menjadi bagian       is part of the Company's efforts in shaping qualified
   dari upaya Perseroan dalam membentuk calon               and competent future leaders. Participants of the
   pemimpin masa depan yang berkualitas dan                 internship program not only gain an in-depth
   kompeten. Peserta program internsip tidak hanya          understanding of the financial industry, but also
   memperoleh pemahaman mendalam tentang                    have the opportunity to continue their careers as
   industri keuangan, tetapi juga berpeluang untuk          employees at Maybank Finance, creating a
   melanjutkan karier sebagai karyawan di Maybank           sustainable development path for young talents.
   Finance, menciptakan jalur pengembangan yang
   berkelanjutan bagi talenta muda.




                                                                                                                    95
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     2. Merdeka Belajar - Kampus Merdeka (MBKM)               2. Merdeka Belajar - Kampus Merdeka (MBKM)
        Merdeka Belajar - Kampus Merdeka (MBKM) adalah           Merdeka Belajar - Kampus Merdeka (MBKM) is an
        inisiatif dari Kementerian Pendidikan, Kebudayaan,       initiative of the Ministry of Education, Culture,
        Riset, dan Teknologi yang bertujuan mentransformasi      Research, and Technology which aims to transform
        pendidikan tinggi di Indonesia untuk menghasilkan        higher education in Indonesia to produce graduates
        lulusan dengan kompetensi unggul, baik dalam             with superior competence, both in terms of soft
        aspek soft skill maupun hard skill. Salah satu           skills and hard skills. One of MBKM's flagship
        program unggulan MBKM adalah Magang dan                  programs is Internship and Certified Independent
        Studi Independen Bersertifikat (MSIB). Dalam             Study (MSIB). In supporting this program, Maybank
        mendukung program ini, Maybank Finance                   Finance provides internship opportunities for
        menyediakan kesempatan internship bagi                   students, providing hands-on work experience
        mahasiswa, memberikan pengalaman kerja                   and improving their professional and personal
        langsung serta meningkatkan kemampuan                    skills to face the world of work.
        profesional dan personal mereka untuk menghadapi
        dunia kerja.



     3. Gamification Learning                                 3. Gamification Learning
        Bagian SDM Maybank Finance memanfaatkan                  Maybank Finance's HR department utilizes
        e-learning berbasis gamifikasi untuk meningkatkan        gamification-based e-learning to improve
        pemahaman karyawan terkait proses bisnis                 employees' understanding of the company's
        perusahaan dengan cara yang interaktif dan               business processes in an interactive and fun way.
        menyenangkan. Pada tahun 2024, Maybank Finance           In 2024, Maybank Finance updated the game
        memperbarui topik permainan dan menyempurna-             topics and improved the platform interface to be
        kan tampilan platform agar lebih sederhana serta         simpler and user-friendly, so that it can be easily
        ramah pengguna, sehingga dapat diakses dengan            accessed by all employees. The games designed
        mudah oleh seluruh karyawan. Permainan yang              for 2024 are city car-themed, providing a more
        dirancang untuk tahun 2024 bertema city car,             engaging and effective learning experience.
        menghadirkan pengalaman belajar yang lebih
        menarik dan efektif.

     4. Recruitment Online                                    4. Online Recruitment
        Dalam upaya meningkatkan efisiensi dan akurasi           In an effort to improve efficiency and accuracy
        dalam proses rekrutmen, Maybank Finance                  in the recruitment process, Maybank Finance
        mengembangkan otomatisasi berbasis Robotic               developed Robotic Process Automation (RPA) to
        Process Automation (RPA) untuk mempercepat               speed up candidate screening and applicant
        penyaringan kandidat serta rekapitulasi database         database recapitulation. The implementation of
        pelamar. Implementasi teknologi ini memungkinkan         this technology enables the Company to
        Perseroan untuk mengurangi waktu proses                  significantly reduce administrative processing
        administrasi secara signifikan, memastikan seleksi       time, ensure more objective initial selection, and
        awal yang lebih objektif, serta meningkatkan             enhance the candidate experience with a faster
        pengalaman kandidat dengan proses yang lebih             and more transparent process.
        cepat dan transparan.

     5. Knowledge Management                                  5. Knowledge Management
        Maybank Finance berkomitmen untuk membangun               Maybank Finance is committed to building a
        budaya pembelajaran berkelanjutan melalui                 culture of continuous learning through knowledge
        program knowledge management, salah satunya               management programs, one of which is by holding



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   dengan mengadakan sharing session rutin setiap           routine sharing sessions every month. This activity
   bulan. Kegiatan ini memberikan kesempatan bagi           provides an opportunity for each employee to
   setiap karyawan untuk berbagi wawasan,                   share insights, experiences, and expertise, in order
   pengalaman, dan keahlian, guna meningkatkan              to improve individual capabilities and strengthen
   kapabilitas individu serta memperkuat kolaborasi         collaboration in the work environment. Through
   dalam lingkungan kerja. Melalui inisiatif ini,           this initiative, the Company encourages the growth
   Perseroan mendorong pertumbuhan kompetensi               of employee competencies in line with the dynamics
   karyawan yang selaras dengan dinamika industri           of the ever-evolving financial industry.
   keuangan yang terus berkembang.




Strategi Pengembangan SDM Tahun 2024                     HR Development Strategy in 2024

Guna mendorong budaya inovasi yang mendukung             To encourage a culture of innovation that supports
produktivitas individu, tim, dan organisasi, serta       individual, team, and organizational productivity, as
melanjutkan implementasi program design thinking         well as continuing the implementation of the design
dan innovation award tahap 1 yang telah dilakukan        thinking and innovation award stage 1 program that
sebelumnya, Maybank Finance memperkuat fokus             has been carried out previously, Maybank Finance
pada kualitas inovasi melalui penyelenggaraan            strengthens its focus on the quality of innovation through
kompetisi inovasi internal, yaitu program Innovation     the implementation of an internal innovation competition,
Award. Program ini telah berjalan sejak tahun lalu       the Innovation Award program. This program has been
dan dirancang untuk mengapresiasi karyawan yang          running since last year and is designed to appreciate
mengajukan ide-ide inovatif yang memiliki nilai          employees who submit innovative ideas that have the
Growth, Excellence, dan Efficiency, sesuai dengan        values of Growth, Excellence, and Efficiency, in accordance
nilai-nilai utama perusahaan.                            with the company's core values.

Program Innovation Award tahap 2 mencakup                The Innovation Award program phase 2 includes
beberapa tahapan:                                        several stages:
1. Tahap Awal: Pembentukan kelompok dari lintas          1. Initial Stage: Formation of groups from across
   departemen atau cabang/SPU dan penyusunan                departments or branches/SPUs and preparation
   proposal singkat untuk diajukan kepada komite.           of a short proposal to be submitted to the committee.
2. Tahap Kompetisi: 7 kelompok yang telah dipilih        2. Competition Stage: 7 groups selected by the
   oleh komite melakukan presentasi kepada Direksi.         committee make presentations to the Board of
   Direksi akan menentukan pemenang inovasi yang            Directors. The Board of Directors will determine
   diumumkan dalam Annual Coference 2025.                   the innovation winner to be announced at the
                                                            2025 Annual Conference.
3. Implementasi: Sebanyak 3 kelompok terbaik yang        3. Implementation: The 3 best groups selected will
   terpilih maka ide inovasi akan diterapkan, dengan        then implement their innovation ideas, with the
   harapan dapat mendukung peningkatan                      hope that they can support the improvement of
   produktivitas dan efisiensi operasional perusahaan.      the company's productivity and operational
                                                            efficiency.

Pengelolaan SDM                                          Human Resources Management

Pengelolaan SDM yang dilakukan Perseroan berfokus        Human Resources management of the Company
pada 4 (empat) faktor yang ditunjukkan sebagai           focuses on 4 (four) factors as shown below:
berikut:




                                                                                                                       97
Page 98
                                  04                                                 01
                   Reward Right                                                      Recruit Right




                                  03                                                  02
                  Develop Right                                                       Perform Right



     Rekrutmen (Recruit/Retain Right)                           Recruitment (Recruit/Retain Right)
     Maybank Finance memberikan kesempatan kerja                Maybank Finance provides equal employment
     yang setara bagi setiap individu tanpa membedakan          opportunities for every individual regardless of gender,
     jenis kelamin, suku, ras, atau agama. Komitmen ini         ethnicity, race or religion. This commitment is part
     merupakan bagian dari upaya perusahaan untuk               of the company's efforts to support the achievement
     mendukung pencapaian Tujuan Pembangunan                    of Sustainable Development Goal (SDG) No. 8 on
     Berkelanjutan (TPB) No. 8 tentang Pekerjaan Layak          Decent Work and Economic Growth. This goal includes
     dan Pertumbuhan Ekonomi. Tujuan ini mencakup               inclusive and sustainable economic growth, the
     pertumbuhan ekonomi yang inklusif dan berkelanjutan,       creation of productive employment, and the provision
     penciptaan lapangan kerja produktif, serta penyediaan      of decent work for all, without discrimination, including
     pekerjaan layak bagi semua, tanpa diskriminasi,            fair wages for work of equal value.
     termasuk upah yang adil untuk pekerjaan dengan
     nilai yang setara.

     Proses rekrutmen Maybank Finance dilakukan melalui         Maybank Finance's recruitment process is conducted
     dua metode:                                                through two methods:
     1. Sumber Internal                                         1. Internal Source
        Perseroan memberikan peluang bagi karyawan                 The company provides opportunities for internal
        internal yang memenuhi kriteria untuk berkembang           employees who meet the criteria to develop in
        di posisi baru, serta membuka kesempatan bagi              new positions, as well as open opportunities for
        peserta magang untuk bergabung sebagai                     apprentices to join as permanent employees.
        karyawan tetap.
     2. Sumber Eksternal                                        2. External Sources
        Rekrutmen eksternal dilakukan melalui kerja sama           External recruitment is carried out through
        dengan perguruan tinggi (campus hiring), job fair,         cooperation with universities (campus hiring), job
        serta pengumuman lowongan kerja melalui media              fairs, and job vacancy announcements through
        sosial, media cetak, media elektronik, dan di wilayah      social media, print media, electronic media, and
        operasional perusahaan.                                    in the company's operational areas.




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Sepanjang tahun 2024, Maybank Finance telah merekrut      Through 2024, Maybank Finance has recruited 323
sebanyak 323 karyawan baru dengan latar belakang          new employees with diverse backgrounds, including
beragam, mencakup jenis kelamin, pendidikan, dan          gender, education, and experience, to fill various
pengalaman, untuk mengisi berbagai posisi di kantor-      positions in company offices spread throughout
kantor perusahaan yang tersebar di seluruh Indonesia.     Indonesia. The majority of new employees have a
Mayoritas karyawan baru memiliki tingkat pendidikan       Bachelor's degree, according to the company's needs.
Sarjana, sesuai kebutuhan perusahaan.

Pengelolaan Kinerja (Perform Right)                       Performance Management (Perform Right)
Maybank Finance menerapkan sistem penilaian               Maybank Finance implements an employee
kinerja karyawan yang berfokus pada Key Performance       performance appraisal system that focuses on Key
Indicators (KPI), yang dievaluasi secara berkala setiap   Performance Indicators (KPI), which is evaluated
tahun. KPI dirancang berdasarkan indikator-indikator      regularly every year. KPIs are designed based on
spesifik yang telah ditentukan dan disepakati bersama     specific indicators that have been determined and
karyawan di awal tahun. Hasil dari evaluasi kinerja       agreed with employees at the beginning of the year.
ini digunakan sebagai acuan dalam merancang               The results of this performance evaluation are used
program pelatihan dan pengembangan, memberikan            as a reference in designing training and development
penghargaan, menetapkan kebijakan remunerasi,             programs, giving awards, determining remuneration
serta mempertimbangkan promosi jabatan, sehingga          policies, and considering promotions, thus supporting
mendukung pertumbuhan profesional dan produktivitas       optimal professional growth and employee productivity.
karyawan secara optimal.

Pengembangan (Develop Right)                              Development (develop right)
Maybank Finance menyediakan berbagai program              Maybank Finance provides various HR training and
pelatihan dan pengembangan SDM yang dilaksanakan          development programs that are carried out on an
secara berkelanjutan untuk seluruh karyawan, mulai        ongoing basis for all employees, from lower level
dari tingkat jabatan yang lebih rendah hingga tingkat     positions to managerial levels, to improve competencies
manajerial, guna meningkatkan kompetensi yang             in accordance with their respective needs. In 2024,
sesuai dengan kebutuhan masing-masing. Pada               the various programs were attended by 5,274
tahun 2024, berbagai program tersebut diikuti oleh        participants.
5.274 peserta.

Selain itu, perusahaan juga menawarkan program            In addition, the company also offers a scholarship
beasiswa sebagai upaya untuk mendukung                    program as an effort to support employee competency
peningkatan kompetensi karyawan. Program ini telah        improvement. This program has been started since
dimulai sejak tahun 2020, dan hingga saat ini, sebanyak   2020, and to date, 47 employees have received
47 karyawan telah menerima beasiswa untuk                 scholarships for undergraduate (S1) and postgraduate
pendidikan Sarjana (S1) dan Pascasarjana (S2). Dari       (S2) education. Of these, 46 employees have
jumlah tersebut, 46 karyawan telah berhasil               successfully completed their education, while 1 other
menyelesaikan pendidikan mereka, sementara 1              employees are still in the study period.
karyawan lainnya masih dalam masa studi.

Berikut adalah rincian jumlah peserta yang mengikuti      The following is a breakdown of the number of
program pelatihan dan pengembangan pada tahun             participants who participated in the training and
2024.                                                     development program in 2024.




                                                                                                                    99
Page 100
               Nama Pelatihan/Seminar/          Jumlah
                       Workshop                 Peserta        Tempat       Tanggal         Penyelenggara     Biaya
          No
               Name of Training / Seminar      Number of        Venue        Date             Organizer      Training
                     / Workshop               Participants

      1        Onboarding Karyawan Baru            3         Offline     08 - 12 Januari    PT Maybank        12.136.480
               New Employee Onboarding                                   |                  Indonesia
                                                                         January 2024       Finance

      2        Webinar : Connecting The            2         Online      11 Januari I       OJK (Otoritas               -
               Dots                                                      January 2024       Jasa
               Webinar: Connecting The                                                      Keuangan)
               Dots

      3        Webinar Dampak                      1         Online      18 Januari I       LPPM                        -
               Pemadanan NIK-NPWP :                                      January 2024       Universitas
               Tata Cara Penghitungan TER                                                   Jakarta
               PPh Pasal 21                                                                 Internasional
               Webinar on the Impact
               of NIK-NPWP Matching:
               Procedure for Calculation of
               Income Tax Article 21

      4        Tech to empower 2023                1         Offline     18 Januari I       Alunjiva                    -
               summit                                        (Jakarta)   January 2024       Indonesia
               Tech to empower 2023
               summit

      5        KM : Penggunaan Fitur              148        Online      26 Januari I       PT Maybank                  -
               Google Form dan Google                                    January 2024       Indonesia
               Sheets untuk Rekap Laporan                                                   Finance
               dan Monitoring Aplikasi in
               Daily CMO
               KM: Use of Google Form and
               Google Sheets Features
               to Recap Reports and
               Application Monitoring in
               Daily CMO

      6        Training Certified Internal         1         Offline     12 - 13 Februari   PT CBQA Global    6.660.000
               Auditor ISO/IEC 27001:2022                    (Jakarta)   I February
               ISO/IEC 27001:2022 Certified                              2024
               Internal Auditor Training

      7        Training Online Penerapan           3         Online      12 - 13 Februari   PT Grajosa        9.000.000
               APU PPT Berbasis Risiko                                   I February         Resources
               Risk-based AML/CFT Online                                 2024
               Training

      8        Webinar Peran UU P2SK               5         Online      15 Februari I      OJK (Otoritas               -
               dalam Memberikan Efek                                     February 2024      Jasa
               Jera bagi Pelaku Jasa                                                        Keuangan)
               Keuangan Ilegal
               Webinar The Role of the
               P2SK Law in Providing a
               Deterrent Effect for Illegal
               Financial Services Actors

      9        Manager as coach                    6         Online      19 - 20            PT Maybank                  -
               Manager as coach                                          Februari I         Bank Indonesia
                                                                         February 2024

      10       Webinar Outlook Ekonomi             3         Online      22 Februari I      OJK (Otoritas               -
               dan Keuangan di Tahun                                     February 2024      Jasa
               2024                                                                         Keuangan)
               Webinar Economic and
               Financial Outlook in 2024




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      Nama Pelatihan/Seminar/         Jumlah
              Workshop                Peserta        Tempat       Tanggal      Penyelenggara             Biaya
 No
      Name of Training / Seminar     Number of        Venue        Date          Organizer              Training
            / Workshop              Participants

11    Certified Digital Marketing        1         Online      26 Februari I   PT Markplus                   3.061.224
      Specialist (CDMS) Batch 1                                February 2024   Indonesia
      Certified Digital Marketing
      Specialist (CDMS) Batch 1

12    Webinar : Strategi                 3         Online      29 Februari I   OJK (Otoritas                         -
      Mencegah Serangan Siber                                  February 2024   Jasa
      Webinar: Strategies to                                                   Keuangan)
      Prevent Cyber Attacks

13    Training: Peluang Mudah            1         Online      01 Maret I      Blodiversity                          -
      Green Jobs Generasi Muda                                 March 2024      Warriors
      Training: Easy Green Jobs                                                (Yayasan
      Opportunities for Young                                                  KEHATI)
      Generation

14    Training Teamwork &               425        Offline     02 Maret I      PT Maybank            2.042.094.672
      Character Building for                       (Jakarta)   March 2024      Indonesia
      Employee                                                                 Finance
      Teamwork & Character
      Building Training for
      Employees

15    Webinar: Implementasi K3           1         Online      08 Maret I      PT Domi Manu                    50.000
      menghadapi Era 5.0                                       March 2024      Putty
      Webinar: K3 Implementation
      to face Era 5.0

16    Seminar Nasional :                 1         Offline     08 Maret I      APPI (Asosiasi            25.757.108
      Bertumbuh dalam                              (Bali)      March 2024      Perusahaan
      pengaturan UU P2SK                                                       Pembiayaan
      National Seminar: Growing                                                Indonesia)
      in the P2SK Law setting

17    Training Penggunaan               72         Online      09 Maret I      TY Training                   10.256.410
      Bahasa Indonesia yang Baik                               March 2024      Academy
      dan Benar
      Training on the Use of Good
      and Correct Indonesian
      Language

18    4 th Career Week Job Fair          1         Offline     20 Maret I      Universitas                           -
      2024                                         (Jakarta)   March 2024      Tarumanagara
      4 th Career Week Job Fair
      2024

19    Training Green HRM                 8         Online      21 Maret I      Ari Tjahjanto                 8.205.128
      Green HRM Training                                       March 2024

20    KM : Fasilitas Dana Tunai         149        Online      22 Maret I      PT Maybank                            -
      Multiguna dan Top Up                                     March 2024      Indonesia
      KM: Multipurpose Cash and                                                Finance
      Top Up Facility

21    Sertifikasi Dasar Komisaris        1         Offline     28 Maret I      PT. Sertifikasi               8.214.000
      Commissioner Basic                           (Jakarta)   March 2024      Profesi
      Certification                                                            Pembiayaan
                                                                               Indonesia




                                                                                                                          101
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             Nama Pelatihan/Seminar/           Jumlah
                     Workshop                  Peserta        Tempat       Tanggal         Penyelenggara     Biaya
       No
             Name of Training / Seminar       Number of        Venue        Date             Organizer      Training
                   / Workshop                Participants

      22     HR Meet & Talk :                     1         Offline     02 April | April   PMSM                150.000
             Pelaksanaan Praktik DEI di                     (Jakarta)   2024               (Perhimpunan
             Perusahaan Indonesia                                                          Manajemen
             HR Meet & Talk:                                                               Sumberdaya
             Implementation of DEI                                                         Manusia)
             Practices in Indonesian                                                       Indonesia
             Companies

      23     Kegiatan Idea Talks OJK              2         Online      23 April | April   OJK (Otoritas               -
             Institute Volume 6 tahun                                   2024               Jasa
             2024                                                                          Keuangan)
             OJK Institute Idea Talks
             Activity Volume 6 in 2024

      24     Webinar : Peluang dan                3         Online      25 April | April   OJK (Otoritas               -
             Tantangan Open Finance di                                  2024               Jasa
             Indonesia                                                                     Keuangan)
             Webinar: Opportunities and
             Challenges of Open Finance
             in Indonesia

      25     KM : KPM (Kredit Pemilikan          192        Online      26 April | April   PT Maybank                  -
             Mobil)                                                     2024               Indonesia
             KM: KPM (Car Ownership                                                        Finance
             Credit)

      26     Webinar : How to Prevent             1         Online      02 Mei I May       OJK (Otoritas               -
             Accounting Fraud in                                        2024               Jasa
             Financial Sector                                                              Keuangan)
             Webinar : How to Prevent
             Accounting Fraud in
             Financial Sector

      27     Acara Halal Bihalal &                2         Offline     03 Mei I May       APPI (Asosiasi              -
             Pertemuan Anggota APPI                         (Jakarta)   2024               Perusahaan
             Halal Bihalal Event & APPI                                                    Pembiayaan
             Member Meeting                                                                Indonesia)

      28     Certified Digital Marketing          10        Online      04 Mei I May -     PT Markplus       79.128.571
             Specialist (CDMS) Batch 2                                  10 Juni I June     Indonesia
             Certified Digital Marketing                                2024
             Specialist (CDMS) Batch 2

      29     Training : Innovatif Design          1         Online      14 & 29 Mei I      PT Johnson        5.500.000
             Grafis Menggunakan Aplikasi                                May 2024           Indonesia
             AI
             Training : Innovative Graphic
             Design Using AI Application

      30     Workshop Charging Station           23         Offline     15 Mei I May       PT Maybank                  -
             Workshop of Charging                           (Jakarta)   2024               Indonesia
             Station                                                                       Finance

      31     Webinar : How to Prevent             3         Online      16 Mei I May       OJK (Otoritas               -
             Greenwashing in                                            2024               Jasa
             Sustainable Finance                                                           Keuangan)
             Webinar : How to
             Prevent Greenwashing in
             Sustainable Finance




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      Nama Pelatihan/Seminar/          Jumlah
              Workshop                 Peserta        Tempat       Tanggal       Penyelenggara            Biaya
 No
      Name of Training / Seminar      Number of        Venue        Date           Organizer             Training
            / Workshop               Participants

32    KM : Marketing 6.0                 282        Offline     17 Mei I May     PT Maybank                          -
      KM : Marketing 6.0                            (Jakarta)   2024             Indonesia
                                                                                 Finance

33    Webinar : Peluang dan               3         Online      30 Mei I May     OJK (Otoritas                       -
      Tantangan Pelindungan                                     2024             Jasa
      Data Pribadi dalam                                                         Keuangan)
      Transaksi di Era Digital
      Webinar : Opportunities
      and Challenges for
      Personal Data Protection in
      Transactions in the Digital
      Age

34    Undangan Seminar Artificial         2         Offline     05 Juni I June   Binus Business                      -
      Intelligence in Human                         (Jakarta)   2024             School
      Resources
      Invitation to Seminar on
      Artificial Intelligence in
      Human Resources

35    Webinar Strategi                    10        Online      05 Juni I June   OJK (Otoritas                       -
      Pemasaran Digital di Era                                  2024             Jasa
      Digital : Taktik dan Langkah                                               Keuangan)
      Efektif Mencetak Profit
      Optimal
      Webinar on Digital
      Marketing Strategies in
      the Digital Age : Effective
      Tactics and Steps to
      Achieve Optimal Profits

36    Undangan Binus Industry             1         Offline     11 Juni I June   Binus University                    -
      Partnership Program Binus                     (Malang)    2024
      Binus Industry Partnership
      Program Invitation

37    Training Recruitment                2         Offline     20 Juni I June   PT Dian                      1.020.408
      Officer Staff Specialist                      (Jakarta)   2024             Edutama
      Recruitment Officer Staff                                                  Persada
      Specialist Training

38    Workshop Corporate                  1         Offline     20 - 21 Juni I   Ikatan Akuntan               3.316.327
      valuation                                     (Jakarta)   June 2024        Indonesia
      Corporate valuation
      workshop

39    Training Marketing I :             225        Online      21 Juni I June   PT Maybank                          -
      Kemampuan Berkomunikasi                                   2024             Indonesia
      Marketing Training I :                                                     Finance
      Communication Skills

40    Workshop : Future Economic          1         Offline     25 Juni I June   Binus University                    -
      & Technology Outlook                          (Bekasi)    2024
      Workshop : Future Economic
      & Technology Outlook

41    Training Basic Human                4         Online      25 Juni I June   PT Maybank                          -
      Centered Design Batch 2                                   2024             Bank Indonesia
      Training Basic Human
      Centered Design Batch 2




                                                                                                                          103
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             Nama Pelatihan/Seminar/            Jumlah
                     Workshop                   Peserta        Tempat        Tanggal      Penyelenggara     Biaya
       No
             Name of Training / Seminar        Number of        Venue         Date          Organizer      Training
                   / Workshop                 Participants

      42     Certified Secure Computer             1         Online      26 - 27 Juni I   PT Mitra                    -
             User (CSCU)                                                 June 2024        Integrasi
             Certified Secure Computer                                                    Informatika
             User (CSCU)

      43     Kegaiatan Sosialisasi                 6         Online      26 Juni I June   OJK (Otoritas               -
             Pelaporan Rencana dan                                       2024             Jasa
             Realisasi Literasi dan Inklusi                                               Keuangan)
             Keuangan oleh Otoritas
             Jasa Keuangan
             Socialization of Financial
             Literacy and Inclusion Plan
             and Realization Reporting
             by the Financial Services
             Authority

      44     Validasi Analisa Beban Kerja          12        Offline     28 Juni I June   Pungki Purnadi    12.820.513
             (Operations dan ICU)                            (Jakarta)   2024             Academy
             Validation of Workload
             Analysis (Operations and
             ICU)

      45     Undangan Konvensi                     2         Offline     02 Juli I July   OJK (Otoritas               -
             Nasional Rancangan                              (Jakarta)   2024             Jasa
             Standar Kompetensi Kerja                                                     Keuangan)
             Nasional Indonesia (RSKKNI)
             Bidang Pembiayaan
             Invitation to the National
             Convention of the Draft
             Indonesian National Work
             Competency Standards
             (RSKKNI) for the Financing
             Sector

      46     Webinar How to Mitigate               2         Online      04 Juli I July   OJK (Otoritas               -
             Transition and Physical Risks                               2024             Jasa
             in Financial Sector                                                          Keuangan)
             Webinar How to Mitigate
             Transition and Physical Risks
             in Financial Sector

      47     Coaching Webinar Series:              8         Online      06 Juli I July   Lembaga            800.000
             Coaching for Empowering                                     2024             Psikologi
             People and Organization to                                                   Terapan UI
             Escalate Growth                                                              (Universitas
             Coaching Webinar Series:                                                     Indonesia)
             Coaching for Empowering
             People and Organization to
             Escalate Growth

      48     Training Marketing II :              216        Online      10 Juli I July   PT Maybank                  -
             Product Knowledge                                           2024             Indonesia
             Marketing II Training :                                                      Finance
             Product Knowledge

      49     Webinar Peran Teknologi               1         Online      11 Juli I July   OJK (Otoritas               -
             Digital dalam Meningkatkan                                  2024             Jasa
             Praktik Akuntansi                                                            Keuangan)
             Webinar The Role of Digital
             Technology in Improving
             Accounting Practices




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      Nama Pelatihan/Seminar/         Jumlah
              Workshop                Peserta        Tempat         Tanggal      Penyelenggara            Biaya
 No
      Name of Training / Seminar     Number of        Venue          Date          Organizer             Training
            / Workshop              Participants

50    Maybank Group Awards               7         Offline      12 - 14 Juli I   Malayan                  32.882.622
      Night (MGAN) 2024                            (Malaysia)   July 2024        Banking Berhad
      Maybank Group Awards
      Night (MGAN) 2024

51    Sertifikasi Ahli K3 Umum           3         Online       15 - 18 Juli I   PT Artha Safety              8.163.265
      BNSP                                                      July 2024        Indonesia
      BNSP General OHS Expert
      Certification

52    Seminar Mengelola Stress           2         Offline      17 Juli I July   PT Pranaya                          -
      dan Performa Karyawan                        (Jakarta)    2024             Mitra Insani
      dengan Data                                                                (PION Clinician)
      Seminar on Managing
      Employee Stress and
      Performance with Data

53    Sosialisasi M25+                  177        Online       19 Juli I July   PT Maybank                          -
      M25+ Socialization                                        2024             Indonesia
                                                                                 Finance

54    Webinar : Driving Corporate        2         Online       25 Juli I July   OJK (Otoritas                       -
      Performance through                                       2024             Jasa
      Artificial Intelligence                                                    Keuangan)
      Webinar : Driving Corporate
      Performance through
      Artificial Intelligence

55    Webinar : From Prompt to           1         Online       26 Juli I July   PT Markplus                         -
      Profit : How Chat GPT 4.0                                 2024             Indonesia
      Can Enhance Your Business
      Webinar : From Prompt to
      Profit : How Chat GPT 4.0
      Can Enhance Your Business

56    Sharing Knowledge : The            2         Offline      01 Agustus I     Binus Online                        -
      Green E-Business                             (Medan)      August 2024      Learning
      Knowledge Sharing : The
      Green E-Business

57    Training Marketing III :          188        Online       07 Agustus I     PT Maybank                          -
      Membangun Rasa Percaya                                    August 2024      Indonesia
      Diri                                                                       Finance
      Marketing Training III :
      Building Self-Confidence

58    Acara : Effective Credit           3         Offline      07 Agustus I     Docuflo                             -
      Document Custodian                           (Jakarta)    August 2024      SkyWorx
      Using Powerful Document
      Management System
      Event : Effective Credit
      Document Custodian
      Using Powerful Document
      Management System




                                                                                                                          105
Page 106
             Nama Pelatihan/Seminar/         Jumlah
                     Workshop                Peserta        Tempat       Tanggal     Penyelenggara    Biaya
       No
             Name of Training / Seminar     Number of        Venue        Date         Organizer     Training
                   / Workshop              Participants

      59     Webinar : Strategi                 4         Online      08 Agustus I   OJK (Otoritas              -
             Implementasi Market                                      August 2024    Jasa
             Conduct : Membangun                                                     Keuangan)
             Kepercayaan dan
             Meningkatkan Kinerja IJK
             Webinar : Market Conduct
             Implementation Strategy:
             Building Trust and
             Improving IJK Performance

      60     Training Microsoft Excel           4         Online      09 - 30        PT Bank                    -
             Batch 2                                                  Agustus I      Maybank
             Microsoft Excel Training                                 August 2024    Indonesia
             Batch 2

      61     Webinar Inspiring Talkshow:        3         Online      12 Agustus I   OJK (Otoritas              -
             Kuat Integritas, Kaya                                    August 2024    Jasa
             Kreativitas                                                             Keuangan)
             Webinar Inspiring Talkshow:
             Strong Integrity, Rich
             Creativity

      62     KM : How to Become The            158        Online      23 Agustus I   PT Maybank                 -
             Best CMO ?                                               August 2024    Indonesia
             KM : How to Become The                                                  Finance
             Best CMO?

      63     Training Penyusunan SOP            6         Online      04 - 05        PT Media SDM     1.020.408
             Base on ISO 9001 dengan                                  September      Indonesia
             Optimalisasi AI                                          2024
             Training on SOP Preparation
             Base on ISO 9001 with AI
             Optimization

      64     Training Canva for Business        1         Offline     04 - 05        PT Infinity       4.081.633
             Canva for Business Training                  (Jakarta)   September      Berkah
                                                                      2024           Indonesia

      65     Maybank Group                      3         Offline     04 September   PT Bank                    -
             Sustainability Week 2024 -                   (Jakarta)   2024           Maybank
             Talkshow & Workshop                                                     Indonesia
             Maybank Group
             Sustainability Week 2024 -
             Talkshow & Workshop

      66     Maybank Group                      1         Offline     06 September   PT Bank                    -
             Sustainability Week 2024 -                   (Jakarta)   2024           Maybank
             Talkshow                                                                Indonesia
             Maybank Group
             Sustainability Week 2024 -
             Talkshow

      67     Seminar : Journeys Toward          1         Offline     11 September   OJK (Otoritas              -
             the Adoption of IFRS S1 and                  (Jakarta)   2024           Jasa
             S2 in Indonesia                                                         Keuangan)
             Seminar : Journeys Toward
             the Adoption of IFRS S1 and
             S2 in Indonesia




               Laporan Tahunan
106   2024     Annual Report
Page 107
                                                                                        Pendukung Bisnis
                                                                                          Business Support




      Nama Pelatihan/Seminar/           Jumlah
              Workshop                  Peserta        Tempat       Tanggal     Penyelenggara            Biaya
 No
      Name of Training / Seminar       Number of        Venue        Date         Organizer             Training
            / Workshop                Participants

68    Workshop Pra-Ijtima'                 2         Offline     11 September   Dewan Syariah                3.000.000
      Sanawi (Annual Meeting)                        (Jakarta)   2024           Nasional -
      DPS IX Tahun 2024 Bidang                                                  Majelis Ulama
      IKNB 2                                                                    Indonesia
      Workshop Pre-Ijtima'
      Sanawi (Annual Meeting)
      DPS IX Year 2024 IKNB Field 2

69    Training Hukum                       3         Online      19 - 20        Training Center              8.325.000
      Perlindungan Konsumen                                      September      Indonesia
      Consumer Protection Law                                    2024           Profesional (TCI
      Training                                                                  Pro)

70    Training Marketing IV :             211        Online      19 September   PT Maybank                          -
      Langkah tepat dalam survei                                 2024           Indonesia
      lingkungan dan analisa                                                    Finance
      debitur
      Marketing IV Training : The
      right steps in environmental
      survey and debtor analysis

71    Pelatihan Strategi Menyusun          3         Online      23 - 24        PT Media SDM                   612.245
      OKR                                                        September      Indonesia
      Training on Strategies for                                 2024
      Developing OKR

72    Training Sistem Manajemen            8         Online      25 September   PT Media SDM                   816.327
      General Affairs                                            2024           Indonesia
      Training on General Affairs
      Management System

73    Training Green Jobs &                7         Offline     03 Oktober I   Ari Tjahjanto                9.230.769
      Green Skill                                    (Jakarta)   October 2024
      Green Jobs & Green Skill
      Training

74    Training Teknik Coaching,            1         Online      13 Oktober I   PT Media SDM                   153.061
      Counseling dan Mentoring                                   October 2024   Indonesia
      di Tempat Kerja
      Training on Coaching,
      Counseling and Mentoring
      Techniques in the
      Workplace

75    Pertemuan APPI terkait               2         Online      16 Oktober I   APPI (Asosiasi                      -
      Rencana Pengembangan                                       October 2024   Perusahaan
      Perusahaan Pembiayaan                                                     Pembiayaan
      Syariah                                                                   Indonesia)
      APPI Meeting related to the
      Development Plan of Sharia
      Financing Company

76    Seminar Artificial                   2         Offline     18 Oktober I   UBM                                 -
      Intelligence : Empowering                      (Jakarta)   October 2024   (Universitas
      Infinite Possibilities                                                    Bunda Mulia)
      Artificial Intelligence
      Seminar : Empowering
      Infinite Possibilities




                                                                                                                         107
Page 108
             Nama Pelatihan/Seminar/          Jumlah
                     Workshop                 Peserta        Tempat       Tanggal     Penyelenggara      Biaya
       No
             Name of Training / Seminar      Number of        Venue        Date         Organizer       Training
                   / Workshop               Participants

      77     KM : Kemampuan Negosiasi           180        Online      18 Oktober I   PT Maybank                   -
             Tenaga Penagih Dalam                                      October 2024   Indonesia
             Industri Pembiayaan                                                      Finance
             KM : Negotiation Skills of
             Collectors in the Financing
             Industry

      78     Undangan Konvensi                   1         Offline     24 Oktober I   OJK (Otoritas                -
             Rancangan Kerangka                            (Jakarta)   October 2024   Jasa
             Kualifikasi Nasional                                                     Keuangan)
             Indonesia (RKKNI) Bidang
             Pembiayaan
             Invitation to the Convention
             of the Draft Indonesian
             National Qualification
             Framework (RKKNI) for the
             Financing Sector

      79     Sertifikasi Anti Fraud              1         Offline     31 Oktober I   Asia Anti Fraud    15.255.102
             Anti Fraud Certification                      (Jakarta)   October - 01   Manajemen
                                                                       November       (AAFM)
                                                                       2024

      80     Webinar : EV Insurance,             3         Online      31 Oktober I   OJK (Otoritas                -
             International Best Practices                              October 2024   Jasa
             for Innovation of New                                                    Keuangan)
             Energy Products and
             Services
             Webinar : EV Insurance,
             International Best Practices
             for Innovation of New
             Energy Products and
             Services

      81     Webinar Transformasi                3         Online      05 November    OJK (Otoritas                -
             Governansi Pilar Penyangga                                2024           Jasa
             Integritas                                                               Keuangan)
             Webinar on Transformation
             of Governance as a Pillar of
             Integrity Buffer

      82     Live Talk Session : The             1         Online      07 November    PMSM                         -
             Leader’s Role in Building                                 2024           (Perhimpunan
             High-Performance Teams                                                   Manajemen
             Live Talk Session : The                                                  Sumberdaya
             Leader's Role in Building                                                Manusia)
             High-Performance Teams                                                   Indonesia

      83     Kegiatan Bedah Buku :               4         Online      07 November    OJK (Otoritas                -
             Keamanan Siber Bank                                       2024           Jasa
             Book Review Activity : Bank                                              Keuangan)
             Cybersecurity




               Laporan Tahunan
108   2024     Annual Report
Page 109
                                                                                      Pendukung Bisnis
                                                                                        Business Support




      Nama Pelatihan/Seminar/          Jumlah
              Workshop                 Peserta        Tempat      Tanggal     Penyelenggara            Biaya
 No
      Name of Training / Seminar      Number of        Venue       Date         Organizer             Training
            / Workshop               Participants

84    Webinar : Praktik                   1         Online      11 November   PMSM                                -
      Ketenagakerjaan Pasca                                     2024          (Perhimpunan
      Putusan MK No. 168/PUU-                                                 Manajemen
      XXI/2023                                                                Sumberdaya
      Webinar : Employment                                                    Manusia)
      Practices After                                                         Indonesia
      Constitutional Court
      Decision No. 168/PUU-
      XXI/2023

85    Training AML CFT dan ABC            6         Online      12 November   PT Bank                             -
      (APU PPT)                                                 2024          Maybank
      AML CFT and ABC (AML PPT)                                               Indonesia
      Training

86    Rapat Kerja Nasional               76         Hybrid      13 November   PT Maybank                   5.661.300
      National Work Meeting                                     2024          Indonesia
                                                                              Finance

87    Acara : Indonesia Human             1         Offline     14 - 15       PT Qubisa                    2.500.000
      Capital Beyond & Summit                       (Jakarta)   November      Anugerah
      (IHCBS)                                                   2024          Indonesia
      Event : Indonesia Human
      Capital Beyond & Summit
      (IHCBS)

88    Sosialisasi PMK No. 74              2         Online      20 November   APPI (Asosiasi                      -
      Tahun 2024 tentang                                        2024          Perusahaan
      Pembentukan Cadangan                                                    Pembiayaan
      Piutang Tak Tertagih Yang                                               Indonesia)
      Boleh Dikurangkan Dari
      Penghasilan Bruto
      Socialization of PMK No.
      74 of 2024 concerning the
      Establishment of a Reserve
      for Bad Debts That May
      Be Deducted from Gross
      Income

89    Workshop : Sustainability           1         Offline     20 - 21       Ikatan Akuntan               5.000.000
      Reporting : Standards and                     (Jakarta)   November      Indonesia
      Implementation + Update                                   2024
      Terkini ISSB Standars: IFRS
      S1 & S2
      Workshop : Sustainability
      Reporting : Standards and
      Implementation + Latest
      Update on ISSB Standars:
      IFRS S1 & S2

90    The Fast Fiduciary - Otomasi        1         Offline     21 November   PT Helios                           -
      penghapusan jaminan                           (Jakarta)   2024          Informatika
      fidusia dalam 3 bulan                                                   Nusantara
      The Fast Fiduciary -
      Automate the elimination
      of fiduciary guarantees in 3
      months




                                                                                                                       109
Page 110
             Nama Pelatihan/Seminar/           Jumlah
                     Workshop                  Peserta        Tempat      Tanggal     Penyelenggara       Biaya
       No
             Name of Training / Seminar       Number of        Venue       Date         Organizer        Training
                   / Workshop                Participants

      91     Pelatihan Legal Officer              2         Online      25 - 27       PT Media SDM           510.204
             Perusahaan                                                 November      Indonesia
             Company Legal Officer                                      2024
             Training

      92     Sosialisasi terkait                 168        Online      26 November   PT Maybank                    -
             Sustainability Hour "Saatnya                               2024          Indonesia
             Beraksi : Memulai Langkah                                                Finance
             Keberlanjutan"
             Socialization related to
             Sustainability Hour “Time to
             Act : Starting Sustainability
             Steps”

      93     Webinar Kupas Tuntas                 2         Online      28 November   Talentspace.Id       1.020.408
             Dampak Putusan MK No                                       2024
             168/2023 : Kewajiban
             Perusahaan atas PKWT
             Webinar on the Impact
             of Constitutional Court
             Decision No. 168/2023 :
             Company Obligations
             on Non-permanent Work
             Contracts

      94     Rapat Program Kerja 2025             19        Offline     30 - 03       PT Maybank         236.557.508
             - 2030                                         (Penang)    Desember I    Indonesia
             2025 - 2030 Work Program                                   December      FInance
             Meeting                                                    2024

      95     Acara Industry Gathering :           1         Offline     03 Desember   Universitas Bina              -
             Industry Synergy in                            (Jakarta)   I December    Nusantara
             Collaborating for Future                                   2024
             Industry Gathering Event :
             Industry Synergy in
             Collaborating for Future

      96     Sertifikasi Pelayanan Prima          1         Online      03 & 13       PT Logos             4.321.608
             (Service Excellent)                                        Desember I    Talenta
             Service Excellent                                          December      Indonesia
             Certification                                              2024

      97     Webinar PSAK 219 dan                 1         Online      04 Desember   KKA Yusi dan                  -
             Dampaknya pada Laporan                                     I December    Rekan
             Keuangan : Perspektif                                      2024
             Aktuaris dan Auditor
             PSAK 219 Webinar and
             its Impact on Financial
             Statements : Actuary and
             Auditor Perspectives

      98     Undangan acara                       2         Offline     05 Desember   APPI (Asosiasi                -
             pertemuan anggota dan                          (Jakarta)   I December    Perusahaan
             apresiasi APPI                                             2024          Pembiayaan
             Invitation to APPI member                                                Indonesia)
             meeting and appreciation
             event




               Laporan Tahunan
110   2024     Annual Report
Page 111
                                                                                       Pendukung Bisnis
                                                                                         Business Support




      Nama Pelatihan/Seminar/        Jumlah
              Workshop               Peserta        Tempat       Tanggal      Penyelenggara             Biaya
 No
      Name of Training / Seminar    Number of        Venue        Date          Organizer              Training
            / Workshop             Participants

99    Acara : End Year Gathering        2         Offline     06 Desember     Universitas Bina                     -
      Binus Industry Partnership                  (Jakarta)   I December      Nusantara
      Program                                                 2024
      Event : End Year Gathering
      Binus Industry Partnership
      Program

100   Renewal Membership IIA            1         Online      Desember I      IIA (Institute                1.020.408
      Indonesia                                               December        of Internal
      IIA Indonesia Membership                                2024 -          Auditors)
      Renewal                                                 Desember I      Indonesia
                                                              December
                                                              2025

101   Sertifikasi Pembiayaan           89         Online      Januari I       PT. Sertifikasi          135.531.000
      Penagihan dan Manajerial                                January -       Profesi
      Billing and Managerial                                  Desember I      Pembiayaan
      Financing Certification                                 December        Indonesia
                                                              2024

102   Program Pendidikan Sarjana        4         Online      Januari I       Universitas              117.000.000
      Karyawan                                                January -       Kristen Krida
      Employee Undergraduate                                  Desember I      Wacana
      Education Program                                       December
                                                              2024

103   Program Pendidikan                4         Online      Januari I       Universitas              27.600.000
      Pascasarjana Karyawan                                   January -       Kristen Krida
      Employee Postgraduate                                   Desember I      Wacana
      Education Program                                       December
                                                              2024

104   FGD Program Innovation           22         Online      Maret I March   PT Maybank               39.307.200
      Award Tahap Dua                                         2024            Indonesia
      FGD of Innovation Award                                                 Finance
      Program Phase Two

105   Kelas Inovasi                    55         Online      Desember I      PT Freshmind             33.300.000
      Innovation Class                                        December        Indonesia
                                                              2024

106   Program Wellbeing                940        Offline     Januari I       PT Maybank             594.700.000
      Wellbeing Program                                       January -       Indonesia
                                                              Desember I      Finance
                                                              December
                                                              2024

107   Reward Innovation Award           15        Online      Desember I      PT Maybank              100.000.000
      Tahap Dua                                               December        Indonesia
      Reward Innovation Award                                 2024            Finance
      Phase Two

108   Program Coaching                 67         Online      Oktober -       PT Cipta Adhi           299.700.000
      Coaching Program                                        Desember        Potensia
                                                              I October –
                                                              December
                                                              2024




                                                                                                                        111
Page 112
               Nama Pelatihan/Seminar/        Jumlah
                       Workshop               Peserta        Tempat           Tanggal       Penyelenggara          Biaya
        No
               Name of Training / Seminar    Number of        Venue            Date           Organizer           Training
                     / Workshop             Participants

       109     Program Mental Health            940        Online          Januari I        PT Riliv Psikologi     95.755.000
               Mental Health Program                                       January -        Indonesia
                                                                           Desember I
                                                                           December
                                                                           2024

       TOTAL                                                                                                     4.011.195.909




      Remunerasi (Reward Right)                                     Remuneration (Reward Right)
      Maybank Finance secara rutin melakukan kajian dan             Maybank Finance regularly reviews and evaluates
      evaluasi terhadap kebijakan kompensasi untuk                  the compensation policy to ensure employee welfare
      memastikan kesejahteraan karyawan tetap terjaga               is well maintained. This policy is adjusted to the
      dengan baik. Kebijakan ini disesuaikan dengan                 prevailing regulations and reflects the function and
      peraturan yang berlaku dan mencerminkan fungsi                role of each individual, which is based on the results
      serta peran setiap individu, yang didasarkan pada             of previous performance evaluations.
      hasil evaluasi kinerja yang telah dilakukan sebelumnya.

      Perusahaan menerapkan struktur kompensasi 3P,                 The Company implements a 3P compensation
      yang meliputi Pay for Position, Pay for Person, dan           structure, which includes Pay for Position, Pay for
      Pay for Performance. Pay for Position menetapkan              Person, and Pay for Performance. Pay for Position sets
      kompensasi berdasarkan posisi atau jabatan, dengan            compensation based on position or title, taking into
      mempertimbangkan tingkat senioritas dan nilai                 account the seniority level and work value of the
      pekerjaan dari posisi tersebut. Pay for Person                position. Pay for Person adjusts compensation based
      menyesuaikan kompensasi berdasarkan keterampilan,             on the skills, abilities, and competencies possessed
      kemampuan, dan kompetensi yang dimiliki oleh setiap           by each employee, as measured through an objective
      karyawan, yang diukur melalui sistem evaluasi                 competency evaluation system. Pay for Performance
      kompetensi yang objektif. Pay for Performance                 provides compensation based on an employee's
      memberikan kompensasi berdasarkan kemampuan                   ability to achieve or exceed predetermined targets.
      karyawan dalam mencapai atau melampaui target
      yang telah ditetapkan.



      Keberagaman Karyawan                                          Employee Diversity

      Maybank Finance memiliki keberagaman dalam profil             Maybank Finance has diversity in HR profiles from
      SDM dari berbagai aspek, termasuk tingkat jabatan,            various aspects, including position level, education,
      pendidikan, status kepegawaian, usia, dan gender.             employment status, age, and gender. The Company
      Perusahaan senantiasa berupaya menciptakan                    strives to create an inclusive environment with diversity
      lingkungan yang inklusif dengan keberagaman yang              that reflects its commitment to equal opportunity for
      mencerminkan komitmennya terhadap kesetaraan                  all.
      kesempatan bagi semua.




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                                                                                            Business Support




Komposisi Karyawan Berdasarkan Tingkat                     Employee Composition by Position Level
Jabatan

                                        2024                          2023                          2022
         Tingkat Jabatan
           Position Level      Jumlah                        Jumlah                       Jumlah
                                               %                             %                                 %
                                Total                         Total                        Total

Kepala Divisi
                                        10          1,06              10           1,10             9               1,06
Head of Division

Kepala Departemen /
Cabang                              59             6,28             58            6,38            55               6,45
Head of Department / Branch

Supervisor                          150            15,96           143           15,73            137              16,06

Staf
                                    721            76,70           698           76,79           652            76,44
Staff

Jumlah
                                   940         100,00              909       100,00             853            100,00
Total


Komposisi Karyawan Berdasarkan Tingkat                     Employee Composition by Education Level
Pendidikan

                                        2024                          2023                          2022
        Tingkat Pendidikan
          Education Level      Jumlah                        Jumlah                       Jumlah
                                               %                             %                                 %
                                Total                         Total                        Total

S1/ S2/S3
Bachelor’s/Master’s/Doctoral       688             73,19          668            73,49           613               71,86
Degree

Diploma                             124            13,19           127           13,97            115              13,48

SMA
                                    128            13,62            114          12,54           125               14,65
Senior High School

Jumlah
                                   940         100,00              909       100,00             853            100,00
Total




Komposisi Karyawan Berdasarkan Status                      Employee Composition by Employment Status
Kepegawaian

                                        2024                          2023                          2022
    Status Kepegawaian
    Employment Status          Jumlah                        Jumlah                       Jumlah
                                               %                             %                                 %
                                Total                         Total                        Total

Kontrak
                                   628             66,81           595       65,46               534           62,60
Contract

Tetap
                                    312            33,19           314       34,54               319               37,40
Permanent

Jumlah
                                   940         100,00              909       100,00             853            100,00
Total




                                                                                                                           113
Page 114
      Komposisi Karyawan Berdasarkan Usia                          Employee Composition by Age

                                               2024                            2023                          2022
                     Usia
                     Age              Jumlah                          Jumlah                        Jumlah
                                                      %                                 %                            %
                                       Total                           Total                         Total

       > 55 tahun
                                               -          0,00                 -            0,00             -           0,00
       years old

       45-55 tahun
                                             74            7,87               60            6,60           50            5,86
       years old

       35-44 tahun
                                            199            21,17             202            22,22         212           24,85
       years old

       25-34 tahun
                                            528           56,17              503           55,34          475         55,69
       years old

       17-24 tahun
                                            139           14,79              144            15,84          116           13,60
       years old

       Jumlah
                                            940       100,00                909         100,00           853         100,00
       Total


      Komposisi Karyawan Berdasarkan Gender                        Employee Composition by Gender

                                               2024                            2023                          2022
                    Gender
                                      Jumlah                          Jumlah                        Jumlah
                                                      %                                %                            %
                                       Total                           Total                         Total

       Pria
                                            786        83,62                 751         82,62           698             81,83
       Male

       Wanita
                                            154           16,38              158            17,38         155            18,17
       Female

       Jumlah
                                           940        100,00                909         100,00           853         100,00
       Total




      Pengembangan Karier                                          Career Development

      Maybank Finance berkomitmen untuk memberikan                 Maybank Finance is committed to providing equal
      kesempatan yang setara bagi semua karyawan                   opportunities for all employees in career development,
      dalam pengembangan karier, tanpa membedakan                  regardless of background or status. Through structured
      latar belakang atau status. Melalui program                  development programs, including training, mentoring,
      pengembangan yang terstruktur, termasuk pelatihan,           and opportunities to take on strategic roles in the
      mentoring, dan peluang untuk mengambil peran                 Company's projects, employees are encouraged to
      strategis dalam proyek Perseroan, karyawan didorong          develop their skills and reach their full potential. Every
      untuk mengembangkan keterampilan dan mencapai                individual, regardless of position or experience, has
      potensi penuh mereka. Setiap individu, terlepas dari         an equal opportunity to grow within the Company,
      jabatan atau pengalaman, memiliki peluang yang               with a clear career path based on their performance
      sama untuk tumbuh dalam Perseroan, dengan jalur              and contribution to the Company's success.
      karier yang jelas berdasarkan kinerja dan kontribusi
      mereka terhadap keberhasilan Perseroan.



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                                                                                           Business Support




Pada tahun 2024, Perseroan telah melaksanakan            In 2024, the Company has implemented career
pengembangan karier kepada 41 karyawan dengan            development to 41 employees with various positions.
berbagai posisi.



Tingkat Perputaran Karyawan                              Employees Turnover
(Turnover)

Sepanjang tahun 2024, tingkat perputaran karyawan        During 2024, the Company's employee turnover rate
Perseroan 5,77%, dibandingkan tahun 2023 sebesar         was 5.77%, compared to 7.97% in 2023.
7,97%.



Kebijakan Anti-Diskriminasi                              Anti-Discrimination Policy
Maybank Finance berkomitmen untuk menciptakan            Maybank Finance is committed to creating an inclusive
lingkungan kerja yang inklusif dan bebas dari            work environment that is free from discrimination,
diskriminasi, dengan mengacu pada Undang-Undang          with reference to Law No. 21 of 2000 on the Ratification
No. 21 Tahun 2000 tentang Pengesahan Konvensi ILO        of the ILO Convention on Discrimination in Employment
mengenai Diskriminasi dalam Pekerjaan dan Jabatan        and Occupation and Law No. 13 of 2003 on Manpower.
serta Undang-Undang No. 13 Tahun 2003 tentang            The Company's anti-discrimination policy ensures
Ketenagakerjaan. Kebijakan anti-diskriminasi Perseroan   that every employee, regardless of gender, ethnicity,
memastikan bahwa setiap karyawan, tanpa                  race, religion, marital status, or physical condition, is
memandang jenis kelamin, suku, ras, agama, status        treated fairly and equally in terms of employment
pernikahan, atau kondisi fisik, diperlakukan dengan      opportunities, career development, and remuneration.
adil dan setara dalam hal kesempatan kerja,              This policy is part of Maybank Finance's commitment
pengembangan karier, serta remunerasi. Kebijakan         to support an equitable work environment, promote
ini merupakan bagian dari komitmen Maybank Finance       diversity, and comply with applicable labor regulations.
untuk mendukung lingkungan kerja yang berkeadilan,
mempromosikan keberagaman, dan mematuhi
peraturan ketenagakerjaan yang berlaku.



Strategi Pengembangan SDM 2025                           Human Resources Development in 2025

Dalam rangka mewujudkan visi Perseroan dan               In order to realize the Company's vision and support
mendukung pertumbuhan berkelanjutan, Maybank             sustainable growth, Maybank Finance continues to
Finance terus mengembangkan strategi pengelolaan         develop a human resource management strategy
SDM yang berorientasi pada peningkatan kompetensi,       that is oriented towards improving the competence,
inovasi, dan kesejahteraan karyawan. Pada tahun          innovation, and welfare of employees. By 2025, the
2025, strategi pengembangan SDM akan difokuskan          human resource development strategy will be focused
pada beberapa inisiatif utama, antara lain:              on several key initiatives, including:
1. Peningkatan Kompetensi dan Pengelolaan Talenta        1. Competency Improvement and Talent Management
   Maybank Finance berkomitmen untuk menciptakan             Maybank Finance is committed to creating superior
   SDM yang unggul melalui berbagai program                  human resources through various development
   pengembangan, termasuk:                                   programs, including:




                                                                                                                     115
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         •   Program Internship dan Kemitraan dengan              •   Internship and Partnership Program with
             Universitas                                              Universities
             Perseroan memperluas kerja sama dengan                   The Company is expanding its cooperation
             universitas di Jabodetabek dalam rangka                  with universities in Greater Jakarta in order to
             menarik talenta muda berbakat untuk posisi               attract talented young people for Marketing
             Marketing. Setelah sukses bermitra dengan                positions. After successful partnerships with
             berbagai universitas ternama, pada tahun                 various well-known universities, in 2025,
             2025 Maybank Finance akan memperluas                     Maybank Finance will expand its collaboration
             kerjasama dengan perguruan tinggi lainnya.               with other universities.
         •   Pengembangan Sistem Kamus Kompetensi                 •   Development of Competency Dictionary System
             Untuk meningkatkan efektivitas evaluasi                  To improve the effectiveness of competency
             kompetensi, Perseroan mengembangkan sistem               evaluation, the Company is developing a
             penilaian mandiri berbasis 360° yang                     360°-based self-assessment system that
             memungkinkan karyawan untuk menilai diri                 allows employees to assess themselves, their
             sendiri, atasan, bawahan, dan rekan kerja.               superiors, subordinates, and coworkers. With
             Dengan sistem ini, gap analysis dapat dilakukan          this system, gap analysis can be done faster
             lebih cepat dan akurat guna merancang strategi           and more accurately to design more effective
             pengembangan kompetensi yang lebih efektif.              competency development strategies.

      2. Penguatan Budaya Inovasi                              2. Strengthening the Culture of Innovation
         Inovasi merupakan salah satu pilar utama dalam           Innovation is one of the main pillars in Maybank
         strategi SDM Maybank Finance. Sejak tahun 2021,          Finance's HR strategy. Since 2021, the Company
         Perseroan telah membangun budaya inovasi                 has been building a culture of innovation through
         melalui berbagai inisiatif, termasuk pelatihan           various initiatives, including Growth Mindset training
         Growth Mindset dan program Design Thinking.              and the Design Thinking program. In 2025, the
         Pada tahun 2025, langkah-langkah berikut akan            following steps will be implemented to strengthen
         diimplementasikan untuk memperkuat budaya                the culture of innovation:
         inovasi:
         • Innovation Award Tahap 3                               •    Innovation Award Phase 3
             Setelah sukses dengan tahap pertama dan                  After the success of the first and second phases,
             kedua, Maybank Finance akan melanjutkan                  Maybank Finance will continue the Innovation
             program Innovation Award ke tahap ketiga.                Award program into its third phase. This
             Program ini akan terus mendorong karyawan                program will continue to encourage employees
             untuk berinovasi serta mengembangkan ide-                to innovate and develop creative ideas that
             ide kreatif yang berkontribusi bagi pertumbuhan          contribute to the company's growth.
             perusahaan.

      3. Kesejahteraan Karyawan (Well-being)                   3. Employee Well-being
         Menyadari pentingnya kesejahteraan karyawan              Recognizing the importance of employee well-
         dalam mendukung produktivitas dan kinerja jangka         being in supporting long-term productivity and
         panjang, Maybank Finance akan memperkenalkan             performance, Maybank Finance will introduce the
         Employee Assistance Program (EAP). Program ini           Employee Assistance Program (EAP). This program
         dirancang untuk memberikan dukungan kepada               is designed to provide support to employees in
         karyawan dalam aspek psikologis dan kesejahteraan        the psychological aspects and mental well-being,
         mental, sehingga mereka dapat bekerja dengan             so that they can work more optimally in a healthy
         lebih optimal dalam lingkungan kerja yang sehat          and supportive work environment.
         dan suportif.




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Melalui implementasi strategi pengembangan SDM         Through the implementation of this structured human
yang terstruktur ini, Maybank Finance optimis dapat    resource development strategy, Maybank Finance is
menciptakan lingkungan kerja yang dinamis, inovatif,   optimistic that it can create a dynamic, innovative,
dan berkelanjutan, serta membangun talenta terbaik     and sustainable work environment, as well as develop
untuk menghadapi tantangan industri di masa depan.     the best talent to face the challenges of the industry
                                                       in the future.




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      Teknologi Informasi
      Information Technology

      Maybank Finance terus berkomitmen untuk                                             Maybank Finance continues to be committed to
      mengembangkan teknologi informasi sebagai bagian                                    developing information technology as part of efforts
      dari upaya untuk meningkatkan efisiensi operasional                                 to improve operational efficiency and provide the
      dan memberikan layanan terbaik kepada pelanggan.                                    best service to customers. In recent years, the Company
      Dalam beberapa tahun terakhir, Perseroan telah                                      has adopted various digital solutions that support
      mengadopsi berbagai solusi digital yang mendukung                                   end-to-end business processes, from data
      proses bisnis secara end-to-end, dari sistem manajemen                              management systems to customer service applications.
      data hingga aplikasi layanan pelanggan. Melalui                                     Through the development of reliable Information
      pengembangan infrastruktur Teknologi Informasi (TI)                                 Technology (IT) infrastructure and the application of
      yang handal dan penerapan teknologi mutakhir,                                       cutting-edge technology, Maybank Finance strives
      Maybank Finance berupaya untuk menciptakan                                          to create a better experience for customers and
      pengalaman yang lebih baik bagi pelanggan serta                                     strengthen its competitive position in the financial
      memperkuat posisi kompetitif di pasar keuangan.                                     market.



      Struktur Organisasi Pengelola TI                                                    IT Management Organization Structure

                                                                 Information & Communication Technology
                                                                       and Operation - Division Head




                                Information & Communication                                                                   Information & Communication
                             Technology Development Dept. Head                                                              Technology Operational Dept. Head




                                                                    ICT Development -
         ICT Development -         ICT Development - Business                                             ICT                                ICT                          ICT
                                                                   Back End & Front End
         Mobile Supervisor             Analyst Supervisor.                                       Operational - Supervisor         Infrastructure- Supervisor     Security - Supervisor
                                                                       Supervisor



                                                                   ICT Development -
        ICT Development -                                                                              ICT Operational                      ICT
                                               QA Staff          Front End & Back End                                                                           ICT Security - Staff
          Mobile Staff                                                                                      - Staff               Infrastructure - Staff
                                                                         Staff


                                               Project                                                        ICT
                                             Management                                               Administration
                                                Staff                                                    - Staff




      Pengembangan Sistem TI 2024                                                         IT System Development in 2024
      Pada tahun 2024, Maybank Finance terus melakukan                                    In 2024, Maybank Finance continues to carry out
      berbagai pengembangan sistem TI untuk mendukung                                     various IT system developments to support more
      operasional yang lebih efisien dan meningkatkan                                     efficient operations and improve service quality as
      kualitas layanan sebagai berikut:                                                   follows:
      1. Pengembangan fitur baru pada aplikasi MyAkses,                                   1. Development of new features in the MyAccess
         diantaranya :                                                                        application, including:
         • Fitur MyGift.                                                                      • MyGift Feature.
         • Klaim Asuransi.                                                                    • Insurance Claim.
         • Upgrade Asuransi.                                                                  • Insurance Upgrade.
         • Informasi Asuransi Debitur.                                                        • Customer Insurance Information.



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2. Penggunaan Machine Learning dan Big Data.            2. Use of Machine Learning and Big Data.
3. Integrasi sistem rekrutmen dengan HRIS.              3. Integration of recruitment system with HRIS
4. Pengembangan penggunaan RPA (Robotic Process         4. Development of the use of RPA (Robotic Process
   Automation) untuk mempercepat proses                    Automation) to accelerate operational processes.
   operasional.
5. Modernisasi perangkat keamanan jaringan,             5. Modernization of network, communication and
   komunikasi dan server.                                  server security devices.



Rencana Pengembangan TI 2025                            IT Development Strategy in 2025
Pada tahun 2025, Maybank Finance akan melanjutkan       In 2025, Maybank Finance will continue the development
pengembangan sistem TI untuk mendukung                  of IT systems to support sustainable growth in the
pertumbuhan yang berkelanjutan di masa depan            future through the following initiatives:
melalui beberapa inisiatif berikut:
1. Modernisasi perangkat keras (server, jaringan,       1.  Hardware modernization (server, network, and
   dan storage).                                            storage).
2. Upgrade sistem komunikasi (VoIP, video conference,   2. Communication system upgrade (VoIP, video
   dan perangkat kolaborasi).                               conference, and collaboration tools).
3. Implementasi GSLB (Global Server Load Balancing)     3. Implementation of GSLB (Global Server Load
   Data Center dan DRC.                                     Balancing) Data Center and DRC.
4. Capacity Management Storage & Server dan             4. Storage & Server Capacity Management and
   Object Storage.                                          Object Storage.
5. Implementasi sistem DLP (Data Lost Prevention).      5. Implementation of DLP (Data Lost Prevention)
                                                            system.
6. Privilege Access Management (PAM) Database           6. Privilege Access Management (PAM) Database
    Access.                                                 Access.
7. Enterprise Data Warehouse.                           7. Enterprise Data Warehouse.
8. Fitur improvement Mobile Application Customer        8. Enhancement of Mobile Customer Application
    (MyAkses).                                              (MyAkses) Features.
9. Fitur Aplikasi pengembangan Mobile SuperApp          9. Features of Mobile SuperApp (E-MOB) development
    (E-MOB).                                                application.
10. Dealer Application Management System.               10. Dealer Application Management System.
11. Service Catalog Management System.                  11. Service Catalog Management System.
12. IT Asset Management System.                         12. IT Asset Management System.
13. Modernisasi Contact Center Management System.       13. Modernization of Contact Center Management
                                                            System.
14. Omnichannel Management System.                      14. Omnichannel Management System.
15. Web Application Firewall.                           15. Web Application Firewall.
16. Tools Application Security Testing.                 16. Application Security Testing Tool.
17. Modernisasi software API Security.                  17. Software API Security Modernization.
18. Patching Management.                                18. Patching Management.
19. Pelatihan keamanan siber bagi karyawan.             19. Cybersecurity training for employees.
20. Automasi proses kerja menggunakan RPA (Robotic      20. Automation of work process by using continuous
    Process Automation) yang berkelanjutan.                 RPA (Robotic Process Automation).
21. Pemanfaatan teknologi AI dan Big Data untuk         21. Utilization of AI and Big Data technology for business
    analisa bisnis.                                         analysis.




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      Tinjauan Perekonomian
      Economic Review


      Pada tahun 2024, perekonomian global menghadapi           In 2024, the global economy faces complex challenges
      tantangan yang kompleks akibat ketidakpastian             due to geopolitical uncertainty, tight monetary policies
      geopolitik, kebijakan moneter ketat di berbagai negara,   in various countries, and commodity price fluctuations.
      serta fluktuasi harga komoditas. International Monetary   The International Monetary Fund (IMF) forecasts global
      Fund (IMF) memperkirakan pertumbuhan ekonomi              economic growth of 3.2%, slightly lower than the
      global sebesar 3,2%, sedikit lebih rendah dibandingkan    previous year, reflecting the slowdown in developed
      tahun sebelumnya, mencerminkan perlambatan di             countries and the impact of ongoing high interest
      negara maju serta dampak dari kebijakan suku bunga        rate policies. Global inflation continues to show a
      tinggi yang masih berlangsung. Inflasi global terus       downward trend, but is still above target in several
      menunjukkan tren penurunan, namun masih berada            regions, mainly due to supply chain disruptions and
      di atas target di beberapa kawasan, terutama akibat       energy market instability.
      gangguan rantai pasok dan ketidakstabilan pasar
      energi.

      Di tengah ketidakpastian global, perekonomian             Amid global uncertainty, the Indonesian economy
      Indonesia masih tergolong stabil. Pertumbuhan             has shown stability. Indonesia's economic growth in
      ekonomi Indonesia pada tahun 2024 mencapai 5,03%,         2024 reached 5.03%, in line with the previous year's
      sejalan dengan pertumbuhan tahun sebelumnya,              growth, although this was the lowest growth rate in
      meskipun ini merupakan laju pertumbuhan terendah          the past three years. The main drivers of this growth
      dalam tiga tahun terakhir. Faktor pendorong utama         include election-related spending and increased
      pertumbuhan ini meliputi belanja terkait pemilihan        investment, with investment posting its highest growth
      umum dan peningkatan investasi, dengan investasi          in six years at 4.61%.
      mencatat pertumbuhan tertinggi dalam enam tahun
      sebesar 4,61%.

      Namun, defisit transaksi berjalan Indonesia meningkat     However, Indonesia's current account deficit widened
      menjadi $8,9 miliar pada tahun 2024, setara dengan        to $8.9 billion in 2024, equivalent to 0.6% of GDP, up
      0,6% dari PDB, naik dari $2 miliar atau 0,1% dari PDB     from $2 billion or 0.1% of GDP in 2023. This widening
      pada tahun 2023. Peningkatan defisit ini disebabkan       of the deficit was due to a shrinking goods trade
      oleh surplus perdagangan barang yang menyusut             surplus and weakening global demand.
      dan permintaan global yang melemah.

      Bank Indonesia mempertahankan suku bunga acuan            Bank Indonesia maintained the 7-day reverse
      7-day reverse repurchase rate pada level 5,75%            repurchase rate at 5.75% throughout 2024, with a
      sepanjang tahun 2024, dengan fokus utama pada             primary focus on stabilizing the rupiah exchange rate
      stabilisasi nilai tukar rupiah di tengah ketidakpastian   amid global uncertainty. Nevertheless, Bank Indonesia
      global. Meskipun demikian, Bank Indonesia                 indicated the possibility of further interest rate cuts
      mengindikasikan kemungkinan penurunan suku                to boost economic growth, with the timing of
      bunga lebih lanjut untuk mendorong pertumbuhan            implementation depending on global economic
      ekonomi, dengan waktu pelaksanaan yang bergantung         dynamics.
      pada dinamika ekonomi global.

      Secara keseluruhan, perekonomian Indonesia berhasil       Overall, the Indonesian economy has managed to
      menjaga stabilitas dan pertumbuhan di tengah              maintain stability and growth amid global challenges,
      tantangan global, didukung oleh kebijakan fiskal dan      supported by appropriate fiscal and monetary policies
      moneter yang tepat serta peningkatan investasi            and increased domestic investment.
      domestik.




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                                                                             Management Discussion and Analysis




Tinjauan Industri
Industry Review


Industri pembiayaan di Indonesia pada tahun 2024         The financing industry in Indonesia in 2024 shows
menunjukkan pertumbuhan yang positif di tengah           positive growth amid various global and domestic
berbagai tantangan ekonomi global dan domestik.          economic challenges. The Financial Services Authority
Otoritas Jasa Keuangan (OJK) meluncurkan Roadmap         (OJK) launched the 2024-2028 Roadmap for the
Pengembangan dan Penguatan Perusahaan                    Development and Strengthening of Financing
Pembiayaan 2024-2028 sebagai upaya untuk                 Companies in an effort to strengthen and boost the
memperkuat dan mendorong daya saing sektor ini.          sector's competitiveness. The roadmap focuses on
Roadmap tersebut berfokus pada empat pilar utama,        four main pillars, namely strengthening the resilience
yaitu penguatan ketahanan dan daya saing industri,       and competitiveness of the industry, developing the
pengembangan ekosistem pembiayaan, percepatan            financing ecosystem, accelerating digital
transformasi digital, serta penguatan pengaturan,        transformation, and strengthening regulation,
pengawasan, dan perizinan. Melalui arah kebijakan        supervision, and licensing. Through this policy direction,
ini, industri pembiayaan diharapkan mampu                the financing industry is expected to be able to adapt
beradaptasi dengan perubahan pasar dan teknologi,        to market and technological changes, while supporting
sekaligus mendukung pertumbuhan ekonomi nasional         national economic growth through increased access
melalui peningkatan akses ke pembiayaan bagi             to financing for various business sectors and the
berbagai sektor usaha dan masyarakat.                    community.

Secara kinerja, industri pembiayaan mencatat             In terms of performance, the financing industry
pertumbuhan yang stabil sepanjang tahun 2024.            recorded stable growth throughout 2024. Based on
Berdasarkan data Asosiasi Perusahaan Pembiayaan          data from the Indonesian Financial Services Association
Indonesia (APPI), piutang pembiayaan pada Mei 2024       (APPI), financing receivables in May 2024 reached
mencapai Rp490,69 triliun, mengalami pertumbuhan         IDR 490.69 trillion, experiencing growth of 11.21%
sebesar 11,21% dibandingkan periode yang sama di         compared to the same period in the previous year.
tahun sebelumnya. Proyeksi pertumbuhan piutang           The overall financing receivables growth projection
pembiayaan secara keseluruhan untuk tahun 2024           for 2024 is in the range of 9-11%, driven by increased
berada di kisaran 9-11%, didorong oleh peningkatan       demand in the automotive, heavy equipment, and
permintaan di sektor otomotif, alat berat, dan           multipurpose financing sectors. Even though the
pembiayaan multiguna. Meskipun pasar otomotif            automotive market slowed down in the first half of
mengalami perlambatan pada semester pertama              2024, finance companies were able to maintain
tahun 2024, perusahaan pembiayaan mampu                  growth through product diversification and
menjaga pertumbuhan melalui diversifikasi produk         collaboration with other financial institutions.
dan kolaborasi dengan lembaga keuangan lainnya.

Industri pembiayaan juga menghadapi tantangan            The financing industry also faces challenges in the
berupa meningkatnya risiko kredit dan ketidakpastian     form of increasing credit risk and global economic
ekonomi global di tengah pertumbuhan industri            uncertainty amidst the growth of the financing industry.
pembiayaan. Kenaikan suku bunga acuan yang               The increase in the benchmark interest rate maintained
dipertahankan Bank Indonesia di level 5,75% sepanjang    by Bank Indonesia at 5.75% throughout the year also
tahun turut memengaruhi biaya dana (cost of fund)        affected the cost of funds for finance companies. In
bagi perusahaan pembiayaan. Selain itu, surplus          addition, a shrinking trade surplus and an increasing
perdagangan yang menyusut dan defisit transaksi          current account deficit are adding pressure to the
berjalan yang meningkat menambah tekanan                 stability of the national economy. Through policy
terhadap stabilitas ekonomi nasional. Melalui dukungan   support from regulators, the financing industry in
kebijakan dari regulator, industri pembiayaan di         Indonesia remains an important pillar in supporting
Indonesia tetap menjadi pilar penting dalam              national economic growth.
mendukung pertumbuhan ekonomi nasional.




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      Tinjauan Operasional
      Operational Review


      Maybank Finance fokus pada pembiayaan kendaraan                Maybank Finance focuses on financing motor vehicles,
      bermotor, baik mobil baru maupun bekas. Selain itu,            both new and used cars. In addition, the company
      perusahaan ini juga menyediakan pembiayaan untuk               also provides financing for heavy equipment and
      alat berat dan mesin industri. Dalam rangka mendukung          industrial machinery. In order to support its smooth
      kelancaran operasionalnya, Maybank Finance bekerja             operations, Maybank Finance cooperates with a
      sama dengan jaringan dealer, showroom, dan pemasok             network of dealers, showrooms, and suppliers spread
      yang tersebar di seluruh Indonesia, sehingga dapat             throughout Indonesia, so that it can offer broader
      menawarkan solusi pembiayaan yang lebih luas dan               and more comprehensive financing solutions for all
      menyeluruh bagi seluruh pelanggan.                             customers.



      Tinjauan Operasional per Segmen                                Operational Review per Operating
      Operasi                                                        Segment
      Pembiayaan Kendaraan Roda Empat                                Four Wheel Vehicle Financing

      Kapasitas                                                      Capacity
      Total kapasitas pembiayaan kendaraan roda empat                The Company’s total four-wheeled vehicle financing
      Perseroan menurun 2,96%, dari 39.588 unit di tahun             capacity decreased by 2.96%, from 39,588 units in
      2023 menjadi 38.415 unit di tahun 2024.                        2023 to 38,415 units in 2024.

                                                     (dalam unit, kecuali dinyatakan lain | in units, unless stated otherwise)

                                                                                                       Pertumbuhan
                        Uraian                                                                            Growth
                                                            2024              2023
                      Description
                                                                                                 Unit                %

       Mobil Baru | New Car                                37.565             39.074            (1.509)           -3,86%
       Mobil Bekas | Used Car                                 850                514               336            65,37%
       Total                                               38.415             39.588             (1.173)          -2,96%


      Pembiayaan                                                     Financing
      Pada tahun 2024, total pembiayaan roda empat                   In 2024, the Company's total four-wheel financing
      Perseroan tercatat turun 1,91% dari Rp12,21 triliun di         was recorded to decrease by 1.91% from Rp12.21 trillion
      tahun 2023 menjadi Rp11,98 triliun. Penurunan tersebut         in 2023 to Rp11.98 trillion. The decrease was driven by
      didorong oleh penurunan pada pembiayaan mobil                  decrease in new car financing, eventhough there
      baru, meskipun terdapat peningkatan signifikan pada            was a significant increase in used car financing by
      pembiayaan mobil bekas sebesar 91,47%.                         91.47%.

                                    (dalam miliar rupiah, kecuali dinyatakan lain | in billion rupiah, unless stated otherwise)

                                                                                                       Pertumbuhan
                        Uraian                                                                            Growth
                                                            2024              2023
                      Description
                                                                                                  Rp                 %

       Mobil Baru | New Car                                 11.577            12.003             (426)            -3,55%
       Mobil Bekas | Used Car                                404                 211               193            91,47%
       Total                                                11.981            12.214             (233)            -1,91%




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Pembiayaan Alat Berat dan Mesin Industri                 Heavy Equipment and Industrial Financing

Kapasitas                                                Capacity
Hingga akhir tahun 2024, kapasitas alat berat dan        Until the end of 2024, the capacity of heavy equipment
mesin industri yang dibiayai Perseroan tercatat          and industrial machines financed by the Company
menurun 61,67% dari 3.045 unit di tahun 2023 menjadi     decreased by 61.67% from 3,045 units in 2023 to 1,167
1.167 unit di tahun 2024.                                units in 2024.

                                           (dalam unit, kecuali dinyatakan lain | in units, unless stated otherwise)

                                                                                             Pertumbuhan
                  Uraian                                                                        Growth
                                                 2024              2023
                Description
                                                                                        Unit                      %

 Alat Berat dan Mesin Industri
 Heavy Equipment and Industrial                  1.167             3.045              (1.878)               -61,67%
 Machineries



Pada tahun 2024, total pembiayaan alat berat dan         In 2024, the Company's total financing for heavy
mesin industri Perseroan tercatat meningkat 83,68%       equipment and industrial machinery is expected to
dari Rp429 miliar di tahun 2023 menjadi Rp788 miliar.    increase by 83.68% from IDR 429 billion in 2023 to IDR
Peningkatan tersebut didukung oleh perubahan             788 billion. This increase is supported by structural
struktur dengan menambah tim khusus yang berfokus        changes with the addition of a special team that
pada pembiayaan alat berat dan mesin industri.           focuses on financing heavy equipment and industrial
                                                         machinery.

                                                                           (dalam Miliar Rupiah | in Billion Rupiah)

                                                                                             Pertumbuhan
                  Uraian                                                                        Growth
                                                 2024              2023
                Description
                                                                                      Rupiah                      %

 Alat Berat dan Mesin Industri
 Heavy Equipment and Industrial                   788               429                 359                  83,75%
 Machineries



Segmen Operasi                                           Operating Segments
Perseroan mengelola 30 kantor cabang dan 11 kantor       The Company manages 30 branch offices and 11
perwakilan yang tersebar dalam beberapa wilayah          representative offices spread across several regions
di Indonesia. Perseroan membagi segmen usaha             in Indonesia. The Company divides its geographic
geografis menjadi beberapa wilayah operasi yang          business segment into several operating areas
terdiri dari Kalimantan, Sulawesi, Sumatra, Jawa Non-    consisting of Kalimantan, Sulawesi, Sumatra, Java
Jabodetabek, dan Jabodetabek.                            Non-Jabodetabek, and Jabodetabek.




                                                                                                                       125
Page 126
                                   (dalam miliar rupiah, kecuali dinyatakan lain | in billion rupiah, unless stated otherwise)

                                                                                Jawa Non
               Uraian                                                          Jabodetabek
                                  Kalimantan      Sulawesi      Sumatra                         Jabodetabek         Total
             Description                                                        Java Non-
                                                                               Jabodetabek

      2024

      Pembiayaan Konsumen
      Consumer Financing             27.022         23.881        215.331           174.280         386.359        826.873

      Sewa Pembiayaan
                                        543          2.550         24.207             4.274           211.144      242.718
      Finance Lease

      Sewa Ijarah – Neto
                                           -             -              -                  -             602           602
      Ijarah Lease – Net

      Pendapatan Bunga
                                           -             -              -                 2            2.490         2.492
      Interest Income

      Pendapatan Lain-lain
                                       1.606         1.688         10.753             10.328            17.112      41.487
      Other Income

      Total Pendapatan
                                      29.171         28.119       250.291           188.884          617.707       1.114.172
      Total Revenue

      2023

      Pembiayaan Konsumen
                                     24.095         29.650        213.876            195.102         430.304       893.027
      Consumer Financing

      Sewa Pembiayaan
                                       1.908           317         15.035             3.072          142.466       162.798
      Finance Lease

      Sewa Ijarah – Neto
                                           -             -              -                  -             383           383
      Ijarah Lease – Net

      Pendapatan Bunga
                                           -             -               1                2             2.511         2.514
      Interest Income

      Pendapatan Lain-lain
                                        778            746          4.991             6.375           28.233         41.123
      Other Income

      Total Pendapatan
                                      26.781        30.713       233.903            204.551          603.897     1.099.845
      Total Revenue




                                                                   			




                Laporan Tahunan
126   2024      Annual Report
Page 127
                                                                              Analisis dan Pembahasan Manajemen
                                                                                Management Discussion and Analysis




Strategi Pengembangan Usaha
Business Development Strategy

Pada tahun 2024, Perseroan mengimplementasikan             In 2024, the Company implemented various business
berbagai strategi pengembangan usaha untuk                 development strategies to strengthen its position in
memperkuat posisinya di industri pembiayaan                the Indonesian financing industry. One of the
Indonesia. Salah satu fokus utama Perseroan adalah         Company's main focuses is the diversification of its
diversifikasi portofolio pembiayaan, terutama melalui      financing portfolio, mainly through the expansion of
perluasan layanan pembiayaan berbasis syariah.             sharia-based financing services. This step was taken
Langkah ini diambil sebagai respons terhadap               in response to the increasing public demand for
meningkatnya permintaan masyarakat terhadap                sharia financial products, which continues to show
produk keuangan syariah, yang terus menunjukkan            positive growth in Indonesia. Offering diverse sharia
pertumbuhan positif di Indonesia. Menawarkan solusi        financing solutions in accordance with sharia principles,
pembiayaan syariah yang beragam dan sesuai                 the Company not only expands its market share, but
dengan prinsip-prinsip syariah, Perseroan tidak hanya      also strengthens its commitment to providing inclusive
memperluas pangsa pasar, tetapi juga memperkuat            products that meet the needs of customers from
komitmen dalam menyediakan produk yang inklusif            various segments.
dan sesuai kebutuhan debitur dari berbagai segmen.

Selain diversifikasi produk, Perseroan juga                In addition to product diversification, the Company
menempatkan penguatan kapabilitas teknologi                also prioritizes strengthening information technology
informasi sebagai prioritas utama dalam mendukung          capabilities to support business growth. Significant
pertumbuhan bisnis. Investasi signifikan dilakukan         investments are being made in modernizing information
dalam modernisasi infrastruktur teknologi informasi        technology (IT) infrastructure and strengthening
(TI) dan penguatan keamanan siber untuk memastikan         cybersecurity to ensure reliable and secure services
layanan yang andal dan aman bagi debitur. Upaya            for customers. This effort is in line with the digitalization
ini selaras dengan inisiatif digitalisasi yang bertujuan   initiative aimed at improving operational efficiency
meningkatkan efisiensi operasional dan mempercepat         and accelerating the financing service process. The
proses layanan pembiayaan. Penggunaan teknologi            use of latest technology has driven the Company to
terkini mendorong Perseroan agar mampu memberikan          be able to provide a better customer experience,
pengalaman pelanggan yang lebih baik, memperluas           expand the reach of digital services, and increase
jangkauan layanan digital, serta meningkatkan daya         competitiveness in the increasingly dynamic and
saing di industri pembiayaan yang semakin dinamis          competitive financing industry.
dan kompetitif.




                                                                                                                           127
Page 128
      Aspek Pemasaran
      Marketing Aspect


      Strategi Pemasaran dan Pangsa Pasar                              Marketing Strategies and Market Share

      Perseroan juga melaksanakan berbagai program                     The Company also carries out various marketing
      pemasaran sebagai strategi untuk meningkatkan                    programs as a strategy to increase sales. Marketing
      penjualan. Program pemasaran yang dilakukan                      programs carried out during 2024 include:
      selama tahun 2024 meliputi:
      1. Meningkatkan penjualan dengan menggunakan                     1.    Increase sales by using references from Branches
         referensi dari cabang-cabang Bank Maybank                           of PT Bank Maybank Indonesia.
         Indonesia.
      2. Meningkatkan kualitas dan kecepatan pelayanan                 2. Improve the quality and speed of service to debtors.
         kepada debitur.
      3. Mempererat kerjasama dengan pihak diler rekanan.              3. Strengthen cooperation with partner dealers.
      4. Bekerja sama dengan ATPM mobil baru yang baru                 4. Cooperate with ATPM for new cars that have just
         masuk ke Indonesia.                                              in Indonesia.

      Implementasi strategi pemasaran turut mendukung                  The implementation of marketing strategy also
      penguasaan pasar Perseroan.                                      supports the Company's market share.




      Tinjauan Keuangan
      Financial Review

      Laporan Posisi Keuangan                                          Statement of Financial Position

      Aset		                                                           Assets

                                      (dalam miliar rupiah, kecuali dinyatakan lain | in billion rupiah, unless stated otherwise)

                                                                                                       Pertumbuhan
                          Uraian                                                                          Growth
                                                              2024                2023
                        Description
                                                                                                 Rupiah                %

       Aset Keuangan
       Financial Assets

       Kas dan Setara Kas
                                                                  48.556             166.420         (117.864)         (70,82%)
       Cash and Cash Equivalents

       Piutang Sewa Pembiayaan - Neto
                                                               2.319.695            1.666.010        653.685               39,24%
       Finance Lease Receivables–Net

       Piutang Pembiayaan Konsumen-Neto
                                                               5.556.651            5.988.601       (431.950)              (7,21%)
       Consumer Financing Receivables–Net

       Piutang Lain-lain
                                                                     9.766               9.007            759               8,43%
       Other Receivables

       Aset Lain-Lain
                                                                  50.094                 5.773         44.321           767,73%
       Other Assets

       Aset Diperoleh untuk Ijarah
                                                                     8.241               2.739          5.502          200,88%
       Assets Acquired for Ijarah




                Laporan Tahunan
128   2024      Annual Report
Page 129
                                                                                  Analisis dan Pembahasan Manajemen
                                                                                    Management Discussion and Analysis




                                                                                                    Pertumbuhan
                   Uraian                                                                              Growth
                                                    2024                 2023
                 Description
                                                                                             Rupiah                      %

 Investasi dalam Saham
                                                       159.504              159.504                       0                  0,00%
 Investment in Shares

 Total Aset Keuangan
                                                      8.152.507          7.998.054                154.453                     1,93%
 Total Financial Assets

 Aset Non-Keuangan
 Non-Financial Assets

 Aset Pajak Tangguhan-Neto
                                                            15.843              19.316             (3.473)               (17,98%)
 Deferred Tax Assets–Net

 Beban Dibayar di Muka dan Uang Muka
                                                            14.146              8.214                5.932                   72,22%
 Prepaid Expenses and Advance Payment

 Aset Tetap dan Aset Hak Guna
                                                        57.600               51.374                  6.226                   12,12%
 Fixed Asset and Right of Use Assets

 Total Aset Non-Keuangan
                                                        87.589              78.904                  8.685                     11,01%
 Total Non-Financial Assets

 Total Aset
                                                     8.240.096           8.076.958                 163.138                   2,02%
 Total Assets



Pada tahun 2024, Total Aset Perseroan meningkat                In 2023, the Company's Total Assets increased by
sebesar 2,02% atau setara Rp163,14 miliar dari Rp8,08          2.02% or Rp163.14 billion from Rp8.08 trillion in 2023 to
triliun di tahun 2023 menjadi Rp8,24 triliun. Peningkatan      Rp8.24 trillion. The increase in total assets was due
total aset ini disebabkan oleh peningkatan pada aset           to increase in finansial assets and non finansial assets
keuangan dan aset non keuangan masing-masing                   by 1.93% and 11.01% respectively.
sebesar 1,93% dan 11,01%.

Aset Keuangan                                                  Financial Assets
Hingga akhir tahun 2024, aset keuangan Perseroan               Until the end of 2024, the Company’s financial assets
meningkat sebesar 1,93% atau setara Rp154,45 miliar            increased by 1.93% or Rp154.45 billion from Rp8.00
dari Rp8,00 triliun di tahun 2023 menjadi Rp8,15 triliun.      trillion in 2023 to Rp8.15 trillion. This increase was
Peningkatan ini terutama disebabkan oleh peningkatan           mainly due to increases in other assets, assets acquired
pada aset lain-lain, aset diperoleh untuk ijarah, piutang      for ijarah, finance lease receivables - net, and other
sewa pembiayaan – neto, dan piutang lain-lain.                 receivables.

Aset Non-Keuangan                                              Non-Financial Assets
Aset non keuangan Perseroan pada tahun 2024                    The Company’s non-financial assets in 2024 increased
meningkat sebesar 11,01% atau setara Rp8,69 miliar             by 11.01% or Rp8.69 billion from Rp78.90 billion in 2023
dari Rp78,90 miliar di tahun 2023 menjadi Rp87,59              to Rp87.59 billion. This increase occurred due to an
miliar. Peningkatan ini terjadi karena peningkatan             increase in prepaid expenses and advances, as well
pada beban dibayar di muka dan uang muka, serta                as fixed assets and right-to-use assets.
aset tetap dan aset hak guna.




                                                                                                                                       129
Page 130
      Liabilitas                                                         Liabilities

                                         (dalam miliar rupiah, kecuali dinyatakan lain | in billion rupiah, unless stated otherwise)

                                                                                                          Pertumbuhan
                             Uraian                                                                          Growth
                                                                 2024              2023
                           Description
                                                                                                    Rupiah                %

       Liabilitas Keuangan
       Financial Liabilities

       Utang Bank
                                                                  2.959.028         2.393.055           565.973               23,65%
       Bank Loans

       Utang Dealer
                                                                    152.477              120.912          31.565               26,11%
       Payables to Dealer

       Utang Lain-Lain
                                                                    128.787               95.181          33.606              35,31%
       Other Payables

       Beban Akrual
                                                                     55.476              51.462            4.014               7,80%
       Accrued Expenses

       Utang Obligasi-Neto
                                                                    899.145            1.648.624       (747.479)          (45,46%)
       Bonds Payables-Net

       Total Liabilitas Keuangan
                                                                   4.194.913        4.309.234           (114.321)          (2,65%)
       Total Financial Liabilities

       Liabilitas Non-Keuangan
       Non-Financial Liabilities

       Utang Pajak
                                                                     43.873              43.810               63               0,14%
       Tax Payables

       Liabilitas Imbalan Kerja
                                                                     26.193              24.277             1.916              7,89%
       Liability For Employee Benefits

       Total Liabilitas Non-Keuangan
                                                                     70.066              68.087             1.979              2,91%
       Total Non-Financial Liabilities

       Total Liabilitas
                                                                 4.264.979             4.377.321       (112.342)           (2,57%)
       Total Liabilities


      Total liabilitas Perseroan pada tahun 2024 menurun                 The Company's total liabilities in 2024 decreased by
      sebesar 2,57% atau setara Rp112,34 miliar dari Rp4,38              2.57% or Rp112.34 billion from Rp4.38 trillion in 2023 to
      triliun di tahun 2023 menjadi Rp4,26 triliun. Penurunan            Rp4.26 trillion. The decrease in the total Liabilities
      total liabilitas ini terjadi karena penurunan pada                 occurred due to decrease in finansial liabilities by
      liabilitas keuangan sebesar 2,65%.                                 2.65%.

      Liabilitas Keuangan                                                Financial Liabilities
      Total liabilitas keuangan Perseroan pada tahun 2024                The Company's total financial liabilities in 2024
      menurun sebesar 2,65% atau setara Rp114,32 miliar                  decreased by 2.65% or Rp114.32 billion from Rp4.31
      dari Rp4,31 triliun di tahun 2023 menjadi Rp4,19 triliun.          trillion in 2023 to Rp4.19 trillion. This decrease was
      Penurunan ini utamanya disebabkan oleh pelunasan                   mainly due to settlement of bond amounted to Rp850
      Obligasi sebesar Rp.850 miliar dan penerbitan Obligasi             billion and issuance of Maybank Finance Shelf
      Berkelanjutan IV Maybank Finance Tahap I Tahun                     Registered Bonds IV Phase I Year 2024 of Rp100 billions.
      2024 sebesar Rp100 miliar.




                 Laporan Tahunan
130   2024       Annual Report
Page 131
                                                                               Analisis dan Pembahasan Manajemen
                                                                                 Management Discussion and Analysis




Liabilitas Non-Keuangan                                      Non-Financial Liabilities
Liabilitas non-keuangan Perseroan pada tahun 2024            The Company's non-financial liabilities in 2024
meningkat 2,91% atau setara Rp1,98 miliar dari Rp68,09       increased by 2.91% or Rp1.98 billion from Rp68.09 billion
miliar di tahun 2023 menjadi Rp70,07 miliar. Peningkatan     in 2023 to Rp70.07 billion. The increase in non-financial
liabilitas non-keuangan ini utamanya disebabkan              liabilities was mainly due to increase in liability for
oleh peningkatan liabilitas imbalan kerja dan utang          employee benefits and tax payables by 7.89% and
pajak masing-masing sebesar 7,89% dan 0,14%.                 0.14% respectively.
                                                             Equity
Ekuitas

                             (dalam miliar rupiah, kecuali dinyatakan lain | in billion rupiah, unless stated otherwise)

                                                                                                  Pertumbuhan
                      Uraian                                                                         Growth
                                                           2024            2023
                    Description
                                                                                            Rupiah                     %

 Ekuitas
 Equity

 Modal Saham
                                                             32.370           32.370                     0                 0,00%
 Capital Stock

 Keuntungan Aktuarial atas Liabilitas Imbalan
 Kerja Setelah Pajak Tangguhan
                                                                  901              51                850              1.666,67%
 Actuarial Gains on Liability for Employee Benefits
 Net of Deferred Tax

 Saldo Laba
                                                           3.941.846        3.667.216            274.630                   7,49%
 Retained Earning

 Total Ekuitas
                                                           3.975.117       3.699.637            275.480                    7,45%
 Total Equities

Ekuitas Perseroan pada tahun 2024 meningkat sebesar          The Company’s equity in 2024 increased by 7.45% or
7,45%% atau setara Rp275,48 miliar dari Rp3,70 triliun       Rp275.48 billion from Rp3.70 trillion in 2023 to Rp3.98
di tahun 2023 menjadi Rp3,98 triliun. Peningkatan            trillion. This increase in equity occurred due to increase
ekuitas ini terjadi karena peningkatan pada keuntungan       in actuarial gains on liability for employee benefits
aktuarial atas liabilitas imbalan kerja setelah pajak        net of deferred tax and retained earning that generated
tangguha dan saldo laba yang berasal dari laba               from cummulative net income.
kumulatif.



Laporan Laba Rugi dan Penghasilan                            Statement of Profit or Loss and Other
Komprehensif Lain                                            Comprehensive Income

                    (dalam miliar rupiah, kecuali dinyatakan lain | in billion rupiah, unless stated otherwise)

                                                                                                  Pertumbuhan
                      Uraian                                                                         Growth
                                                           2024            2023
                    Description
                                                                                            Rupiah                     %

 Pendapatan
 Revenues

 Pendapatan Pembiayaan Konsumen
                                                            826.873          893.027            (66.154)                (7,41%)
 Consumer Financing Income




                                                                                                                                   131
Page 132
                                                                                   Pertumbuhan
                            Uraian                                                    Growth
                                                  2024           2023
                          Description
                                                                                Rupiah           %

      Pendapatan Sewa Pembiayaan
                                                    242.718        162.798         79.920        49,09%
      Finance Lease Income

      Pendapatan Sewa Ijarah-Neto
                                                         602             383             219         57,18%
      Income from Ijarah Rent – Net

      Pendapatan Bunga
                                                      2.492             2.514        (22)        (0,88%)
      Interest Income

      Pendapatan Lain-Lain
                                                     41.487          41.123           364            0,89%
      Other Incomes

      Total Pendapatan
                                                    1.114.172    1.099.845          14.327            1,30%
      Total Revenues

      Beban
      Expenses

      Beban Pendanaan
                                                    216.925       225.237          (8.312)       (3,69%)
      Financing Expenses

      Beban Tenaga Kerja
                                                    160.362       144.028           16.334           11,34%
      Employee Expenses

      Beban Pemasaran
                                                     15.620         16.336           (716)       (4,38%)
      Marketing Expenses

      Beban Kerugian Penurunan Nilai
                                                    65.769         75.055          (9.286)       (12,37%)
      Impairment Losses Expenses

      Beban Penyusutan
                                                      6.681          6.887          (206)        (2,99%)
      Depreciation Expenses

      Beban ROU Aset
                                                         3.181       3.049               132         4,33%
      ROU Assets Expenses

      Beban Provisi dan Komisi
                                                      3.022             3.261       (239)        (7,33%)
      Provision and Commission Expenses

      (Keuntungan) Kerugian Transaksi Mata Uang
      Asing                                           (426)              134        (560)      (417,91%)
      (Gain) Loss from foreign currency

      Beban Lain-Lain
                                                    59.684         54.043            5.641           10,44%
      Other Expenses

      Total Beban
                                                    530.818       528.030           2.788            0,53%
      Total Expenses

      Laba Sebelum Beban Pajak Final dan Pajak
      Penghasilan
                                                   583.354         571.815          11.539           2,02%
      Income before Final Tax and Income Tax
      Expenses

      Beban Pajak Final
                                                     (498)          (503)                 5      (0,99%)
      Final Tax Expense

      Laba Sebelum Beban Pajak Penghasilan
                                                   582.856         571.312          11.544           2,02%
      Income before Income Tax Expense

      Beban Pajak Penghasilan
                                                   (130.710)      (127.521)        (3.189)           2,50%
      Income Tax Expense

      Laba Tahun Berjalan
                                                    452.146        443.791          8.355             1,88%
      Income for the Year




                 Laporan Tahunan
132   2024       Annual Report
Page 133
                                                                              Analisis dan Pembahasan Manajemen
                                                                                Management Discussion and Analysis




                                                                                                 Pertumbuhan
                     Uraian                                                                         Growth
                                                         2024            2023
                   Description
                                                                                           Rupiah                     %

 (Rugi) Laba Komprehensif Lainnya-Setelah Pajak
                                                                850          (695)                 1.545             (222,30%)
 Other Comprehensive (Loss) Income – Net of Tax

 Total Penghasilan Komprehensif Tahun Berjalan
                                                          452.996          443.096                9.900                   2,23%
 Total Comprehensive Income for the Year

 Laba per Saham Dasar (dalam Rupiah Penuh)
                                                           13.968             13.710                 258                  1,88%
 Basic Earnings per Share (Fully in Rupiah)



Pendapatan                                                 Revenues
Perseroan berhasil membukukan pendapatan pada              In 2024, the Company managed to post revenues of
tahun 2024 sebesar Rp1,11 miliar, tumbuh 1,30% atau        Rp1.11 trillion, grew by 1.30% or Rp14.33 billion from Rp1.11
setara Rp14,33 miliar dari Rp1,11 triliun pada tahun       trillion in 2024. This was mainly due to the increase
2023. Hal ini utamanya terjadi karena peningkatan          in net income from ijarah rent, finance lease income,
pendapatan sewa ijarah neto, pendapatan sewa               and other incomes.
pembiayaan, dan pendapatan lain-lain.

Beban                                                      Expenses
Beban Perseroan meningkat sebesar 0,53% atau               The Company's expenses increased by 0.53% or Rp2.79
setara Rp2,79 miliar pada tahun 2024 dari Rp528,03         billion in 2024, from Rp528.03 billion in 2023 to Rp530.82
miliar di tahun 2023 menjadi Rp530,82 miliar. Hal ini      billion. This was mainly due to the increase in employee
utamanya terjadi karena peningkatan beban tenaga           expenses, other expenses, and ROU Assets expenses.
kerja, beban lain-lain, dan beban ROU Aset.

Laba Sebelum Pajak Penghasilan                             Income Before Income Tax Expense
Laba sebelum pajak penghasilan Perseroan pada              Income Before Income Tax Expense of the Company
tahun 2024 meningkat 2,02% atau setara Rp11,54 miliar      in 2024 increased by 2.02% or Rp11.54 billion from
dari Rp571,31 miliar di tahun 2023 menjadi Rp582,86        Rp571.31 billion in 2023 to Rp582.86 billion.
miliar.

Laba Tahun Berjalan                                        Income for The Year
Laba Tahun Berjalan Perseroan tercatat naik sebesar        Income for the year was recorded to have increased
1,88% atau setara Rp8,36 miliar pada tahun 2024 dari       by 1.88% or Rp8.36 billion in 2024 from Rp443.79 billion
Rp443,79 miliar di tahun 2023 menjadi Rp452,15 miliar.     in 2023 to Rp452.15 billion.

Laba per Saham Dasar                                       Basic Earnings per Share
Seiring dengan naiknya laba tahun berjalan, maka           Along with the increase in profit for the year, the
laba per saham dasar Perseroan juga meningkat,             basic earnings per share of the Company also
yakni sebesar 1,88% atau setara Rp258 dari Rp13.710        increased by 1.88% or Rp258 from Rp13,710 to Rp13,968.
menjadi Rp13.968.




                                                                                                                                  133
Page 134
      Laporan Arus Kas                                               Statement of Cash Flows
                                     (dalam miliar rupiah, kecuali dinyatakan lain | in billion rupiah, unless stated otherwise)

                                                                                                      Pertumbuhan
                         Uraian                                                                          Growth
                                                             2024              2023
                       Description
                                                                                                Rupiah                %

       Arus Kas dari Aktivitas Operasi
                                                                243.769          (198.379)           442.148           222,88%
       Cash Flow from Operating Activities

       Arus Kas dari Aktivitas Investasi
                                                                  (1.011)             1.272          (2.283)         (179,48%)
       Cash Flow from Investing Activities

       Arus Kas dari Aktivitas Pendanaan
                                                              (361.543)           319.646          (681.189)           (213,11%)
       Cash Flow from Financing Activities




      Arus Kas dari Aktivitas Operasi                                Cash Flows from Operating Activities
      Pada tahun 2024, terdapat peningkatan penerimaan               In 2024, there is an increase in cash receipts from
      kas dari pembiayaan konsumen, sewa pembiayaan,                 consumer financing, finance leases, therefore there
      dan sewa ijarah, sehingga terjadi peningkatan kas              is an increase in net cash obtained from operating
      neto yang diperoleh dari aktivitas operasi sebesar             activities by 222.88%, equivalent to Rp442.15 billion,
      222,88% atau setara Rp442,15 miliar dari negatif Rp198,38      from a negative Rp198.38 billion in 2023 to Rp243.77
      miliar di tahun 2023 menjadi Rp243,77 miliar.                  billion.

      Arus Kas dari Aktivitas Investasi                              Cash Flows from Investing Activities
      Pada tahun 2024, arus kas untuk aktivitas investasi            In 2024, the cash flow for investing activities decreased
      mengalami penurunan sebesar 179,48% atau setara                by 179.48% or Rp2.28 billion from Rp1.27 billion in 2023
      Rp2,28 miliar dari Rp1,27 miliar di tahun 2023 menjadi         to negative Rp1.01 billion. The decrease of cash flow
      negatif Rp1,01 miliar. Penurunan arus kas untuk aktivitas      for investing activities was influenced by increase in
      investasi utamanya dipengaruhi oleh peningkatan                acquisition of fixed assets.
      pembelian aset tetap.

      Arus Kas dari Aktivitas Pendanaan                              Cash Flows from Financing Activities
      Pada tahun 2024, Perseroan mencatatkan penurunan               In 2024, the Company recorded a decrease in proceeds
      penerimaan utang bank dan peningkatan pembayaran               from bank loans and increase in payment of cash
      dividen kas dan pelunasan obligasi, sehingga kas neto          dividends and bonds settlement, so that net cash
      diperoleh dari aktivitas pendanaan menurun menjadi             provided by financing activities decreased to negative
      negatif Rp361,54 miliar dari Rp319,65 miliar di tahun          Rp361.54 billion from Rp319.65 billion in 2023.
      2023.




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                                                                               Analisis dan Pembahasan Manajemen
                                                                                 Management Discussion and Analysis




Rasio Keuangan                                              Financial Ratios

Rasio Profitabilitas                                        Profitability Ratio

(dalam % | in %)

                               Uraian                                                                  Pertumbuhan (%)
                                                                     2024               2023
                             Description                                                                  Growth (%)

 Laba Sebelum Beban Pajak Penghasilan terhadap
 Pendapatan                                                               52,31               51,94                    0,37%
 Income before Income Tax Expense to Revenues

 Laba Tahun Berjalan terhadap Pendapatan
                                                                         40,58               40,35                     0,23%
 Income for the Year to Revenues

 Return on Equity (ROE)
                                                                            11,93             12,62                   (0,69%)
 Return on Equity (ROE)

 Return on Asset (ROA)
                                                                            7,67               7,76                   (0,09%)
 Return on Assets (ROA)

 Pendapatan terhadap Total Aset
                                                                          13,52               13,62                    (0,1%)
 Revenues to Total Assets

 Net Interest Margin (NIM)
                                                                            6,66               8,91                   (2,25%)
 Net Interest Margin (NIM)

 Beban Operasional-Pendapatan Operasional (BOPO)
                                                                            57,11            56,60                      0,51%
 Operating Expenses - Operating Income (BOPO)


Rasio profitabilitas adalah rasio yang digunakan            Profitability ratio is a ratio used to measure the ability
untuk mengukur kemampuan suatu perusahaan                   of a company to utilize assets and control company
dalam memanfaatkan aset dan mengendalikan                   costs to generate profits.
biaya perusahaan untuk menghasilkan keuntungan.

Rasio laba sebelum beban pajak penghasilan terhadap         The ratio of income before income tax to the Company’s
pendapatan Perseroan pada tahun 2024 meningkat              income in 2024 increased compared to the previous
dibandingkan tahun sebelumnya, dari 51,94% menjadi          year, from 51.94% to 52.31% as well as the ratio of
52,31%, demikian juga Rasio laba tahun berjalan             income for the year to revenues has increased.
terhadap pendapatan mengalami peningkatan.

Rasio ROE menurun dibandingkan tahun sebelumnya,            The ROE ratio decreased compared to the previous
dari 12,62% pada tahun 2023 menjadi 11,93% di tahun 2024.   year, from 12.62% in 2023 to 11.93% in 2024.

Rasio pendapatan terhadap total aset mengalami              The ratio of revenues to total asset has decreased
penurunan dibandingkan tahun sebelumnya, dari               compared to the previous year, from 13.62% to 13.52%.
13,62% menjadi 13,52%.

Rasio net interest margin (NIM), mengalami penurunan        The ratio of net interest margin (NIM), decreased
dibandingkan tahun sebelumnya, dari 8,91% menjadi           compared to the previous year, from 8.91% to 6.66%.
6,66%

Sementara Rasio beban operasional-pendapatan                Meanwhile the ratio of operating expenses to operating
operasional (BOPO) mengalami peningkatan                    income (BOPO) experienced an increase compared
dibandingkan tahun 2023, dari 56,60% menjadi 57,11%.        to 2023, from 56.60% to 57.11%.




                                                                                                                                135
Page 136
      Rasio Likuiditas                                          Liquidity Ratio

      (dalam % | in %)

                                  Uraian                                                                Pertumbuhan (%)
                                                                      2024               2023
                                Description                                                                Growth (%)

       Rasio Lancar
                                                                             29,90              39,17               9,27%
       Current Ratio

       Rasio Kas
                                                                              1,37               6,15               4,78%
       Cash Ratio



      Rasio Likuiditas adalah rasio keuangan yang digunakan     Liquidity Ratios are the financial ratios that are used
      untuk membantu mengantisipasi kondisi kas dan             to help anticipate the condition of the Company's
      aset perusahaan di masa depan. Perseroan                  cash and assets in the future. The Company uses
      menggunakan rasio lancar dan rasio kas untuk              the current ratio and the cash ratio to calculate the
      menghitung rasio likuiditas.                              liquidity ratio.

      Pada tahun 2024, rasio lancar Perseroan mencapai          In 2024, the current ratio of the Company reached
      29,90%, menurun dibandingkan tahun sebelumnya,            29.90%, decreased compared to the previous year,
      yakni sebesar 39,17%. Rasio kas tercatat sebesar          which was 39.17%. The cash ratio was recorded at
      mencapai 1,37%, menurun dibandingkan tahun 2023           1.37%, decreasing compared to 2023 of 6.15%.
      sebesar 6,15%.

      Walaupun terdapat penurunan pada rasio lancar             Although there was a decrease in the current ratio
      dan rasio kas, Perseroan tetap berupaya untuk             and cash ratio, the Company manages to conduct
      melakukan efisiensi yang berkesinambungan.                continuous efficiency.

      Rasio Solvabilitas                                        Solvency Ratio

      (dalam kali | in times)

                                  Uraian                                                                Pertumbuhan (%)
                                                                      2024               2023
                                Description                                                                Growth (%)

       Rasio Liabilitas terhadap Total Aset
                                                                              0,52              0,54              (0,02%)
       Liabilities to Total Assets Ratio

       Rasio Liabilitas terhadap Total Ekuitas
                                                                              1,07               1,18              (0,11%)
       Liabilities to Total Equity Ratio

      Pada tahun 2024, rasio liabilitas terhadap total aset     In 2024, the ratio of liabilities to total assets reached
      mencapai 0,52 kali, menurun dibandingkan pada             0.52 times, decreasing compared to 2023 which was
      tahun 2023 sebesar 0,54 kali. Rasio liabilitas terhadap   0.54 times. The ratio of liabilities to total equity of the
      total ekuitas Perseroan pada tahun 2024 tercatat          Company in 2024 was recorded at 1.07 times,
      mencapai 1,07 kali, menurun dibandingkan pada             decreasing compared to 2023 which was 1.18 times.
      tahun 2023 sebesar 1,18 kali.

      Penurunan pada angka rasio solvabilitas ini               The decrease in the solvency ratio reflects the decrease
      mencerminkan penurunan tingkat hutang                     in the Company’s debt level.
      Perseroan.




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                                                                            Analisis dan Pembahasan Manajemen
                                                                              Management Discussion and Analysis




(dalam % | in %)

                        Uraian                                                                      Pertumbuhan (%)
                                                              2024                  2023
                      Description                                                                      Growth (%)

 Non Performing Financing (NPF)                                      0,40                   0,40                   0


Pada tahun 2024, NPF Perseroan berada di tingkat        In 2024, the Company's NPF was at the level of 0.40%,
0,40%, sama dengan tahun 2023. Tingkat kolektibilitas   same as in 2023. The collectability level that below
piutang di bawah 1% menunjukkan bahwa Perseroan         1% shows that the Company was able to manage its
dapat mengelola piutang usaha dengan baik.              trade receivables well.




                                                                                                                       137
Page 138
      Struktur Modal
      Capital Structure


      Kebijakan Manajemen atas Struktur Modal                       Management Policy on Capital Structure

      Dalam mengelola permodalan, Perseroan melakukan               In managing capital, the Company conducts analysis
      analisis secara bulanan dengan mengacu pada                   on a monthly basis with reference to the Financial
      Peraturan Otoritas Jasa Keuangan No.35/POJK.05/2018           Services Authority Regulation No.35/POJK.05/2018
      tanggal 27 Desember 2018 tentang Penyelenggaraan              dated December 27, 2018 concerning Financing
      Usaha Perusahaan Pembiayaan yang di antaranya                 Company Business Conduct, which among other
      mengatur ketentuan sebagai berikut:                           things regulates the following conditions:
      1. Ekuitas minimum sebesar 50,00% dari modal                  1. Minimum equity of 50.00% of the paid-up capital;
         disetor; dan                                                   and
      2. Jumlah pinjaman yang dimiliki Perusahaan                   2. The amount of borrowing by the Company
         dibandingkan modal sendiri dan utang subordinasi               compared to own capital and subordinated debt
         dikurangi penyertaan (gearing ratio) ditetapkan                minus investment (gearing ratio) is set at a
         paling tinggi 10 kali, baik untuk pinjaman luar negeri         maximum of 10 times, for both foreign and domestic
         maupun dalam negeri.                                           borrowing.

      Struktur Modal Perseroan                                      Capital Structure

      (dalam miliaran Rupiah | in billion Rupiah)

                                                                                                    Pertumbuhan
                             Uraian                                                                    Growth
                                                             2024              2023
                           Description
                                                                                               Rupiah              %

       Pinjaman | Loans                                           3.858             4.042             (184)         (4,55%)

       Modal | Capital                                            3.975             3.700               275            7,43%

       Investasi dalam Saham | Investment in Shares                  160              160                0             0,00%

       Gearing ratio (X)                                             1,01             1,14           (0,13)         (11,40%)


      Nilai gearing ratio Perseroan pada tahun 2024 adalah          The Company's gearing ratio in 2024 was 1.01 times.
      1,01 kali. Hal ini telah sesuai dengan Peraturan Otoritas     This is in accordance with the Financial Services
      Jasa Keuangan dimana nilai gearing ratio tidak boleh          Authority Regulation stating that the gearing ratio
      lebih dari 10 kali.                                           shall not be more than 10 times.

      Dasar Pemilihan Kebijakan Manajemen                           Legal Basis for the Management’s Policy
      atas Struktur Modal                                           on Capital Structure

      Peraturan Otoritas Jasa Keuangan No.35/POJK.05/2018           Financial Services Authority Regulation No.35/
      tanggal 27 Desember 2018 tentang Penyelenggaraan              POJK.05/2018 dated December 27, 2018 concerning
      Usaha Perusahaan Pembiayaan, Perseroan wajib                  Financing Company Business Conduct, the Company
      memenuhi rasio permodalan paling sedikit sebesar              is required to meet a capital ratio of at least 10%. This
      10%. Rasio permodalan ini merupakan perbandingan              capital ratio is the ratio between adjusted capital
      antara modal disesuaikan terhadap aset yang                   and adjusted assets.
      disesuaikan.

      Rasio permodalan Perseroan pada tahun 2024 dan                The capital ratio of the Company in 2024 and 2023
      2023 tercatat masing-masing sebesar 70,55% dan                was recorded at 70.55% and 65.78%, respectively.
      65,78%.



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Page 139
                                                                         Analisis dan Pembahasan Manajemen
                                                                           Management Discussion and Analysis




Realisasi Penggunaan Dana Hasil Penawaran Umum
Realization of the Use of Proceeds from Public Offering


Berdasarkan Peraturan Otoritas Jasa Keuangan No.30/ Based on the Financial Services Authority Regulation
POJK.04/2015 tanggal 16 Desember 2015 tentang Laporan No.30/POJK.04/2015 dated December 16, 2015
Realisasi Penggunaan Dana Hasil Penawaran Umum, concerning the Report on the Realization of the Use
Perseroan telah melaporkan realisasi penggunaan of Proceeds from the Public Offering, the Company
dana hasil Penawaran Umum Obligasi Berkelanjutan has reported the realization of the use of the proceeds
IV Tahap I Tahun 2024.                                from the Public Offering of Shelf Registration Bond IV
                                                      Phase I Year 2024.

Rincian penggunaan dana hasil penawaran umum Details of the use of proceeds from the Company’s
Perseroan ditunjukkan sebagai berikut:       public offering are shown below:

(dalam miliaran Rupiah | in billion Rupiah)

                               Nilai Realisasi Hasil Penawaran Umum                    Realisasi
                                                                       Rencana
                                Realization Value of Public Offering                 Penggunaan
                                                                    Penggunaan
                                               Proceeds                               Dana untuk          Sisa Dana
                                                                     Dana untuk
                                                                                     Modal Kerja             Hasil
     Jenis                                                           Modal Kerja
                   Tanggal                                                           Pembiayaan          Penawaran
  Penawaran                     Total Hasil                         Pembiayaan
                    Efektif                    Biaya                                  Realization           Umum
    Umum                       Penawaran                             Planned Use
                   Effective                 Penawaran Hasil Bersih                     of Using         Remaining
 Type of Public                   Umum                               of Proceeds
                     Date                      Umum           Net                    Proceeds for           Public
   Offering                    Total Public                         for Financing
                                            Cost of Public Proceeds                    Financing           Offering
                                 Offering                              Working
                                              Offering       (Rp)                       Working           Proceeds
                                 Proceeds                               Capital
                                                (Rp)                                    Capital
                                   (Rp)                                  (Rp)
                                                                                          (Rp)

 Obligasi         5 Juli         100.000       2.153,3     97.846,7    97.846,7          97.846,7               0
 Berkelanjutan    2024
 IV Maybank
 Finance          July 5,
 Tahap I Tahun    2024
 2024 dengan
 Tingkat Bunga
 Tetap
 Shelf
 Registration
 Bond IV
 Maybank
 Finance Phase
 I Year 2024
 at a Fixed
 Interest Rate




                                                                                                                      139
Page 140
      Kebijakan dan Pembagian Dividen
      Policy and Dividend Distribution


      Pembagian dividen diputuskan berdasarkan kebijakan        Dividend distribution is decided based on the policies
      dalam Anggaran Dasar Perseroan, serta melalui             in the Company’s Articles of Association, and through
      persetujuan Pemegang Saham pada saat Rapat                the approval of the Shareholders at the General
      Umum Pemegang Saham (RUPS). Pembayaran dividen            Meeting of Shareholders (GMS). Dividend payments
      dilakukan dengan mempertimbangkan hal-hal berikut:        are made by considering the following matters:
      1. Kewajaran atas pembayaran dividen;                     1. Fairness of dividend payments;
      2. Memperhatikan kepentingan Perseroan;                   2. The interests of the Company;
      3. Laba ditahan hasil usaha dan keuangan yang             3. Retained earnings from positive operating and
          positif;                                                  financial results;
      4. Kondisi likuiditas;                                    4. Liquidity conditions;
      5. Prospek usaha di masa depan (termasuk belanja          5. Future business prospects (including capital
          modal dan akuisisi); Kebutuhan kas;                       expenditures and acquisitions); Cash requirements;
      6. Kesempatan bisnis; dan                                 6. Business opportunities; and
      7. Faktor lain yang dianggap relevan.                     7. Other factors that are considered relevant.

      Pembagian dividen Perseroan adalah sebagai berikut:       The Company's dividend distribution is as follows:


          Tahun                                                 Rasio Pembayaran      Dividen Per
                                                  Laba Bersih                                           Tanggal
           Buku         Dividen Tunai                                 Dividen       Lembar Saham
                                                  Net Income                                          Pembayaran
        Financial       Cash Dividend                            Dividend Payout     Dividend per
                                                     (Rp)                                              Patout Date
           Year                                                        Ratio          Share (Rp)
                    Membagikan Dividen                                                               18 April 2024
       2023                                  443.789.331.851          40%                5.484
                    Distribute Dividends                                                             April 18, 2024

                    Membagikan Dividen                                                               12 April 2023
       2022                                  440.464.659.119          40%                5.443
                    Distribute Dividends                                                             April 12.2023




      Program Kepemilikan Saham oleh Manajemen dan/atau
      Karyawan
      Management and/or Employees Share Ownership Program

      Sejak berdirinya Perseroan sampai saat ini, Perseroan     Since the Company’s establishment until now, the
      belum melaksanakan program kepemilikan saham              Company has not implemented an Employee Share
      bagi karyawan (Employee Share Ownership Plan/             Ownership Plan (ESOP) or Management Share
      ESOP) maupun bagi manajemen (Management Share             Ownership Plan (MSOP) program.
      Ownership Plan/ MSOP).



      Investasi Barang Modal                                    Investment in Capital Goods

      Investasi barang modal bertujuan untuk mendukung          Investment in capital goods aims to support the
      kelancaran kegiatan operasional Perseroan. Investasi      Company’s smooth operation of the. Investments in
      barang modal yang dilakukan Perseroan selama 2            capital goods made by the Company during the last
      tahun terakhir ditunjukkan sebagai berikut:               2 years are shown as follows:
      (dalam jutaan Rupiah | in million Rupiah)




                Laporan Tahunan
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Page 141
                                                                                Analisis dan Pembahasan Manajemen
                                                                                  Management Discussion and Analysis




                                                                                                  Pertumbuhan
                   Uraian                                                                            Growth
                                                  2024                 2023
                 Description
                                                                                           Rupiah                      %

 Kepemilikan Langsung
 Direct Ownership
 Bangunan
                                                          8.593                   -                8.593               100,00%
 Building
 Prasarana Gedung
                                                            766                  3                   763          25.433,33%
 Building Infrastructure
 Peralatan Kantor
                                                            287                 318                  (31)               (9,75%)
 Office Equipment
 Komputer dan Elektronik
                                                          2.609               3.978              (1.369)               (34,41%)
 Computers and Electronics
 Inventaris Kantor
                                                             40                 57                   (17)              (29,82%)
 Office Inventory
 Kendaraan Bermotor
                                                           1.874              2.215                (341)               (15,40%)
 Motor vehicle
 Total
                                                          14.169              6.571               7.598                 115,63%
 Total




Ikatan Material Terkait Investasi Barang Modal
Material Commitment Related to Investment in Capital Good
Hingga akhir tahun 2024, Perseroan tidak memiliki            Until the end of 2024, the Company did not have any
ikatan material terkait investasi barang modal. Seluruh      material commitment related to capital goods
aktivitas investasi barang modal dalam bentuk                investment. All activities of capital goods investment
bangunan, peralatan kantor, komputer dan elektronik,         in the form of buildings, office facilities, office
inventaris kantor, serta kendaraan bermotor,                 equipment, computer and electronic devices, office
menggunakan anggaran yang telah dialokasikan                 inventory, and motor vehicles used a budget allocated
oleh Perseroan.                                              by the Company.




Informasi Material Terkait Investasi, Ekspansi, Divestasi,
Penggabungan/Peleburan Usaha, Akuisisi, dan Restrukturisasi
Utang/Modal
Material Information Regarding Investment, Expansion, Divestment, Merger/
Consolidation, Acquisition, and Debt / Capital Restructuring

Perusahaan tidak melakukan kegiatan investasi,               In 2024, the company did not carry out any activity
divestasi, penggabungan/peleburan usaha, akuisisi,           in investment, divestment, business merger/
atau restrukturisasi utang yang material selama              consolidation, acquisition or material debt restructuring.
tahun 2024.




                                                                                                                                  141
Page 142
      Transaksi dengan Pihak Berelasi dan Transaksi yang
      Mengandung Benturan Kepentingan
      Transactions with Related Parties and Transactions Containing Conflict of
      Interest

      Transaksi dengan Pihak Berelasi                              Transactions with Related Parties

      Pada tahun 2024, Perseroan melakukan transaksi               In 2024, the Company entered into transactions with
      dengan pihak berelasi. Seluruh transaksi yang dilakukan      related parties. All transactions carried out were in
      telah sesuai dengan prosedur yang memadai dan                accordance with adequate procedures and carried
      dilaksanakan sesuai dengan praktik bisnis yang               out in accordance with generally accepted business
      berlaku umum dengan memenuhi prinsip transaksi               practices by complying with the arm's-length principle.
      yang wajar (arm’s-length principle). Dalam                   In carrying out all transactions with related parties,
      melaksanakan seluruh transaksi dengan pihak berelasi,        the Board of Directors always reports it to the Board
      Direksi selalu melaporkannya kepada Dewan Komisaris          of Commissioners so that the supervisory function is
      sehingga fungsi pengawasan juga diterapkan.                  also implemented.

      Dalam hal transaksi dengan pihak berelasi, Perseroan         The Company enters into transactions with various
      melakukan transaksi tersebut dengan berbagai pihak           related parties under the same control. The nature
      berelasi di bawah pengendalian yang sama. Adapun             of the relationship and the nature of the transaction
      sifat hubungan dan sifat transaksi dijelaskan sebagai        are described as follows.
      berikut.


                                                                                                       Frekuensi Transaksi
           Pihak Berelasi           Sifat dari Hubungan                Sifat dari Transaksi
                                                                                                          Frequency of
           Related Parties          Nature of Relations               Nature of Transaction
                                                                                                           Transaction
       PT Bank Maybank            Pemegang Saham                Rekening giro dan deposito             Berkelanjutan
       Indonesia Tbk              Mayoritas Perseroan           berjangka, sewa ruangan kantor,        Continuous
                                  The majority shareholder      perjanjian pembiayaan bersama,
                                  of the Company                piutang sewa pembiayaan, utang
                                                                obligasi, utang bank, utang lain-
                                                                lain, beban akrual, pendapatan
                                                                bunga, dan beban pendanaan.
                                                                Current accounts and time
                                                                deposits, office space rental, joint
                                                                financing agreement, finance lease
                                                                receivables, bond payable, bank
                                                                loans, other payable, accrued
                                                                expenses, interest income, and
                                                                financing cost.
       Malayan Banking Berhad     Pemegang Saham                Utang obligasi                         Berkelanjutan
                                  Utama PT Bank Maybank         Bond Payable                           Continuous
                                  Indonesia Tbk
                                  The ultimate shareholder
                                  of PT Bank Maybank
                                  Indonesia Tbk
       PT Wahana Ottomitra        Hubungan Entitas              Fasilitas pembiayaan konsumen-         Berkelanjutan
       Multiartha Tbk             Pengendali dengan             kendaraan                              Continuous
                                  Perseroan                     Consumer financing facilities-
                                  Under common                  vehicles
                                  ownership with the
                                  Company
       PT Maybank Sekuritas       Hubungan afiliasi dengan      Perseroan melakukan investasi     Berkelanjutan
       Indonesia (sebelumnya      Perseroan                     dalam saham PT Maybank Sekuritas Continuous
       PT Maybank Kim Eng         Affiliated with the           Indonesia
       Sekuritas)                 Company                       The Company invested in shares of
                                                                PT Maybank Sekuritas Indonesia




                Laporan Tahunan
142   2024      Annual Report
Page 143
                                                                                 Analisis dan Pembahasan Manajemen
                                                                                   Management Discussion and Analysis




                                                                                                       Frekuensi Transaksi
      Pihak Berelasi            Sifat dari Hubungan                  Sifat dari Transaksi
                                                                                                          Frequency of
      Related Parties           Nature of Relations                 Nature of Transaction
                                                                                                           Transaction
 PT Asuransi Etiqa          Hubungan afiliasi dengan     Piutang sewa pembiayaan dan                   Berkelanjutan
 Internasional Indonesia    Perseroan                    pendapatan sewa pembiayaan                    Continuous
                            Affiliated with the          serta premi asuransi kerugian
                            Company                      debitur dan utang obligasi.
                                                         Finance lease receivables and
                                                         Finance lease income debtor's loss
                                                         insurance premium and bonds
                                                         payable.
 Dewan Komisaris dan        Manajemen Kunci              Perseroan menyediakan imbalan      Berkelanjutan
 Direksi                    Key Management               dan manfaat berupa gaji dan        Continuous
 Board of Commissioner                                   kesejahteraan, serta imbalan kerja
 and Board of Director                                   The Company provides salary and
                                                         benefits in the form of salary and
                                                         allowance, and employment benefit



Transaksi dengan Pihak Berelasi                               Transactions with Related Parties

(dalam jutaan Rupiah | in million Rupiah)
                                                                                                   Pertumbuhan
                    Uraian                                                                            Growth
                                                      2024               2023
                  Description
                                                                                            Rupiah                      %
 Aset
 Assets
 Kas dan Bank
 Cash and Banks
 PT Bank Maybank Indonesia Tbk                          30.906               147.372           (116.466)                (79,03%)
 Persentase terhadap Total Aset (%)
                                                             0,38               1,82
 Percentage to Total Assets (%)
 Piutang Pembiayaan Konsumen – Neto
 Consumer Financing Receivables – Net
 PT Wahana Ottomitra Multiartha Tbk                      17.765              13.839                 3.926                   28,37%
 Persentase terhadap Total Aset (%)
                                                             0,22               0,17
 Percentage to Total Assets (%)
 Investasi dalam Saham
 Investment in Shares
 PT Maybank Sekuritas Indonesia                         159.504             159.504                      -                      -
 Persentase terhadap Total Aset (%)
                                                             1,94               1,97
 Percentage to Total Assets (%)
 Piutang Sewa Pembiayaan
 Finance Lease Receivable
 PT Asuransi Etiqa Internasional Indonesia               10.578                    -               10.578               100,00%
 Persentase terhadap Total Aset (%)
                                                             0,13                  -
 Percentage to Total Assets (%)
 Liabilitas
 Liabilities
 Utang Obligasi
 Bonds Payables




                                                                                                                                     143
Page 144
                                                                                     Pertumbuhan
                          Uraian                                                        Growth
                                                  2024           2023
                        Description
                                                                                 Rupiah            %
      Malayan Banking Berhad (Maybank)               47.992         71.424         (23.432)         (32,81%)
      PT Bank Maybank Indonesia Tbk                         -       27.976         (27.976)        (100,00%)
      PT Maybank Aset Management                          993               -             993       100,00%
      Persentase terhadap Total Liabilitas (%)
                                                          1,15           2,27
      Percentage to Total Liabilities (%)
      Utang Bank
      Bank Loans
      PT Bank Maybank Indonesia Tbk                         -           36.111       (36.111)      (100,00%)
      Persentase terhadap Total Liabilitas (%)
                                                            -           0,82
      Percentage to Total Liabilities (%)
      Utang Lain-Lain
      Other Payables
      PT Bank Maybank Indonesia Tbk                         -             88           (88)        (100,00%)
      PT Asuransi Etiqa Internasional Indonesia      16.591         11.894            4.697            39,49%
      Persentase terhadap Total Liabilitas (%)
                                                         0,39            0,27
      Percentage to Total Liabilities (%)
      Beban Akrual
      Accrued Expenses
      Bunga Utang Obligasi
      Interest on Bonds Payable
      Malayan Banking Berhad (Maybank)                      -              27             (27)     (100,00%)
      PT Bank Maybank Indonesia Tbk                         -             39           (39)        (100,00%)
      PT Maybank Aset Management                             1              -                1      100,00%
      Bunga Utang Bank
      Debt Interest Bank
      PT Bank Maybank Indonesia Tbk                         -             172          (172)       (100,00%)
      Persentase terhadap Total Liabilitas (%)
                                                         0,00            0,01
      Percentage to Total Liabilities (%)
      Pendapatan
      Revenues
      Pendapatan Pembiayaan Konsumen
      Consumer Financing Income
      PT Wahana Ottomitra Multiartha Tbk                 1.954           1.611            343          21,29%
      Persentase terhadap Total Pendapatan (%)
                                                          0,18           0,15
      Percentage to Total Revenues (%)
      Pendapatan Sewa Pembiayaan
      Finance Lease Income
      PT Asuransi Etiqa Internasional Indonesia           658               -         (658)        (100,00%)
      Persentase terhadap Total Pendapatan (%)
                                                         0,06
      Percentage to Total Revenues (%)
      Pendapatan Bunga
      Interest Income
      PT Bank Maybank Indonesia Tbk                      1.802          1.805              (3)         (0,17%)




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                                                                           Analisis dan Pembahasan Manajemen
                                                                             Management Discussion and Analysis




                                                                                             Pertumbuhan
                  Uraian                                                                        Growth
                                               2024               2023
                Description
                                                                                      Rupiah                      %
 Persentase terhadap Total Pendapatan (%)
                                                        0,16              0,16
 Percentage to Total Revenues (%)
 Pendapatan Lain-lain
 Other Income
 PT Maybank Sekuritas Indonesia                       14.910             11.010               3.900                   35,42%
 Persentase terhadap Total Pendapatan (%)
 Percentage to Total Revenues (%)
                                                        1,34             1,00
 Beban
 Expenses
 Imbalan Kerja Jangka Pendek
 Short-Term Employee Benefits
 Dewan Komisaris dan Direksi
                                                      12.419             11.923                 496                    4,16%
 Boards of Commissioners and Directors
 Persentase terhadap Total Beban (%)
 Percentage to Total Expenses (%)
                                                       2,33              2,26
 Beban Pendanaan
 Financing Expenses
 Beban Bunga – Utang Bank
 Interest Expense – Bank Loans
 PT Bank Maybank Indonesia Tbk                        1.052              2.983               (1.931)              (64,73%)
 Persentase terhadap Total Beban (%)
 Percentage to Total Expenses (%)
                                                       0,20              0,56
 Beban Bunga Obligasi
 Bonds Interest Expense
 Malayan Banking Berhad                                 708              3.739              (3.031)                (81,06%)
 PT Maybank Aset Management                              15                  -                    15               100,00%
 PT Bank Maybank Indonesia Tbk                            -              1.465              (1.465)               (100,00%)
 Persentase terhadap Total Beban (%)
 Percentage to Total Expenses (%)
                                                        0,14             0,99

Selain itu, Perseroan juga melaksanakan kerja sama       In addition, the Company also carries out a financing
pembiayaan dengan PT Bank Maybank Indonesia              partnership with PT Bank Maybank Indonesia Tbk,
Tbk yang diakui kewajibannya sebagai bagian dari         whose obligations are recognized as part of other
utang lain-lain pada Laporan Posisi Keuangan.            debts in the Statement of Financial Position.



Transaksi yang Mengandung Benturan                       Transactions Containing Conflict of
Kepentingan                                              Interest

Sepanjang tahun 2024, Perseroan tidak melakukan          Throughout 2024, the Company did not conduct any
transaksi yang mengandung benturan kepentingan.          transaction containing conflict of interest. The
Perseroan melakukan transaksi dengan pihak berelasi      Company conducted transactions with related parties;
namun seluruh transaksi yang dilakukan Perseroan         however all transactions made by the Company did
tidak menimbulkan benturan kepentingan, baik dengan      not cause any conflict of interest, either with related
pihak berelasi maupun pihak ketiga.                      parties or with third parties.




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      Perbandingan Target dan Realisasi 2024
      Comparison Between Target and Realization in 2024


      (dalam jutaan Rupiah | in million Rupiah)

                                                     Target Rencana
                             Uraian                    Bisnis 2024          Realisasi 2024          Pencapaian
                           Description             Business Plan Target   Realization in 2024     Achievement (%)
                                                         in 2024

       Kinerja Keuangan | Financial Performance

       Total Aset
                                                            8,295                  8,240                  99.34
       Total Assets
       Total Liabilitas
                                                            4,344                  4,265                   98.17
       Total Liabilities
       Total Ekuitas
                                                            3,950                  3,975                  100.63
       Total Equity
       Pendapatan
                                                             1,372                  1,190                 86.80
       Revenue
       Beban
                                                              783                    607                   77.52
       Expenses
       Laba Sebelum Beban Pajak Penghasilan
                                                              588                    583                   99.13
       Income before Income Tax Expense
       Beban Pajak Penghasilan
                                                              145                     131                  90.70
       Income Tax Expense
       Laba Tahun Berjalan
                                                              444                    452                  101.88
       Income of Current Year
       Total Penghasilan Komprehensif Tahun
       Berjalan                                               443                    453                   102.17
       Total Comprehensive Income for the Year
       Piutang Sewa Pembiayaan -Neto
                                                             1,773                 2,320                  130.81
       Finance Lease Receivables – Net
       Piutang Pembiayaan Konsumen-Neto
                                                            5,957                  5,557                   93.28
       Consumer Financing Receivables

       Rasio Keuangan (dalam %) | Financial Ratios (in %)

       Return on Equity (ROE)                                11.23                  11.93                    0.7
       Return on Asset (ROA)                                 7.09                   7.67                    0.58
       Net Interest Margin (NIM)                             9.57                   6.66                   (2.91)
       Beban Operasional-Pendapatan
       Operasional (BOPO)
                                                            59.06                   57.11                 (1.95)
       Operating Expenses - Operating Income
       (BOPO)
       Rasio Permodalan
                                                            62.42                  70.55                     8.13
       Capital Ratio
       Rasio Liabilitas terhadap Total Aset (x)
                                                             0.70                   0.52                  (0.18)
       Liabilities to Total Assets Ratio (x)
       Gearing Ratio (x)                                       1.13                  1.01                  (0.12)



      Secara umum, kinerja Perseroan di tahun 2024 telah      In general, the Company’s performance in 2024 has
      memenuhi target yang telah ditetapkan pada kinerja      met the targets set in financial performance. Fulfillment
      keuangan. Pemenuhan target dapat dilihat dari           of targets can be seen from the achievement of profit
      pencapaian laba sebelum pajak per 2024 dengan           before tax as of 2024 with a lower gearing ratio than
      gearing ratio lebih rendah dari yang diproyeksikan      previously projected.
      sebelumnya.



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                                                                           Analisis dan Pembahasan Manajemen
                                                                             Management Discussion and Analysis




Prospek Usaha 2025
Business Prospect for 2025


Industri pembiayaan di Indonesia pada tahun 2025          The financing industry in Indonesia in 2025 is projected
diproyeksikan menghadapi tantangan yang signifikan.       to face significant challenges. The Financial Services
Otoritas Jasa Keuangan (OJK) memperkirakan                Authority (OJK) estimates that the growth of financing
pertumbuhan penyaluran pembiayaan oleh industri           distribution by the financing industry will be lower
pembiayaan akan lebih rendah dari target yang telah       than the previously set target, influenced by uncertain
ditetapkan sebelumnya, dipengaruhi oleh kondisi           global geopolitical conditions. The Indonesian Financial
geopolitik global yang tidak menentu. Asosiasi            Services Association (APPI) even projects that
Perusahaan Pembiayaan Indonesia (APPI) bahkan             multifinance industry financing receivables will only
memproyeksikan piutang pembiayaan industri                grow by around 7-8% in 2025, down from the previous
multifinance hanya akan tumbuh sekitar 7-8% pada          projection of 8-10%.
tahun 2025, menurun dari proyeksi sebelumnya
sebesar 8-10%.

Di tengah tantangan tersebut, Perseroan tetap optimis     Amid these challenges, the Company remains
dalam mengembangkan bisnisnya. Salah satu strategi        optimistic about developing its business. One strategy
yang diambil adalah melalui inovasi layanan dan           taken is through services innovation and the addition
penambahan layanan pembiayaan syariah.                    of sharia financing services. Sharia financing is
Pembiayaan syariah diperkirakan akan terus tumbuh         expected to continue to grow positively in 2025, driven
positif pada tahun 2025, didorong oleh diversifikasi      by diversification and the addition of new sharia
dan penambahan layanan pembiayaan syariah baru.           financing services. In addition, Maybank Finance
Selain itu, Maybank Finance berencana untuk               plans to increase new customer acquisition through
meningkatkan akuisisi debitur baru melalui kerjasama      cooperation with PT Bank Maybank Indonesia Tbk. in
dengan PT Bank Maybank Indonesia Tbk. dalam bentuk        the form of referral from our holding company's
mendapatkan referral dari cabang induk perusahaan         branch.
kami tersebut.

Selain fokus pada inovasi layanan dan akuisisi debitur,   In addition to focusing on services innovation and
Maybank Finance juga berkomitmen untuk mendukung          customer acquisition, Maybank Finance is also
praktik bisnis berkelanjutan. Komitmen ini sejalan        committed to supporting sustainable business
dengan upaya perusahaan untuk berkontribusi pada          practices. This commitment is in line with the company's
pertumbuhan ekonomi yang inklusif dan ramah               efforts to contribute to inclusive and environmentally
lingkungan di Indonesia. Melalui strategi inovasi         friendly economic growth in Indonesia. Through a
layanan, peningkatan akuisisi debitur, dan komitmen       strategy of services innovation, increased customer
terhadap praktik bisnis berkelanjutan, Perseroan          acquisition, and a commitment to sustainable business
optimis dapat menghadapi tantangan industri               practices, the Company is optimistic that it can face
pembiayaan pada tahun 2025 dan terus berkontribusi        the challenges of the financing industry in 2025 and
positif terhadap peningkatan kinerja.                     continue to contribute positively to performance
                                                          improvement.




                                                                                                                     147
Page 148
      Proyeksi 2025
      Projection for 2025


      (dalam jutaan Rupiah | in million Rupiah)

                             Uraian                 Realisasi 2024       Proyeksi Rencana Bisnis 2024
                           Description            Realization in 2024   Projected Business Plan in 2024

       Kinerja Keuangan
       Financial Performance

       Total Aset
                                                               8,240                      8,430
       Total Assets

       Total Liabilitas
                                                               4,265                      4,206
       Total Liabilities

       Total Ekuitas
                                                               3,975                       4,224
       Total Equity

       Pendapatan
                                                                1,190                      1,363
       Revenue

       Beban
                                                                607                         770
       Expenses

       Laba Sebelum Beban Pajak Penghasilan
                                                                583                         593
       Income before Income Tax Expense

       Beban Pajak Penghasilan
                                                                  131                         91
       Income Tax Expense

       Laba Tahun Berjalan
                                                                452                         444
       Income for the Year

       Total Penghasilan Komprehensif Tahun
       Berjalan                                                 453                         444
       Total Comprehensive Income for the Year

       Piutang Sewa Pembiayaan -Neto
                                                               2,320                       2,396
       Finance Lease Receivables – Net

       Piutang Pembiayaan Konsumen-Neto
                                                               5,557                      5,592
       Consumer Financing Receivables – Net

       Rasio Keuangan
       Financial Ratio

       Return on Equity (ROE)                                   11.93                    10.50%

       Return on Asset (ROA)                                    7.67                      7.03%

       Net Interest Margin (NIM)                                6.66                      9.89%

       Beban Operasional-Pendapatan
       Operasional (BOPO)
                                                                57.11                    59.03%
       Operating Expenses – Operating Income
       (BOPO)

       Rasio Permodalan
                                                               70.55                     66.37%
       Capital Ratio

       Rasio Liabilitas terhadap Total Aset (x)
                                                                0.52                        0.50
       Liabilities to Total Assets Ratio (x)

       Gearing Ratio (x)                                         1.01                       0.97




                  Laporan Tahunan
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Page 149
                                                                         Analisis dan Pembahasan Manajemen
                                                                           Management Discussion and Analysis




Perubahan Peraturan Perundang-Undangan yang
Berpengaruh Signifikan bagi Perusahaan
Amendment to Laws and Regulations Affecting the Company Significantly

Sepanjang 2024, terdapat perubahan peraturan            Throughout 2024, there were changes in laws and
perundang-undangan yang berpengaruh signifikan          regulations that had a significant impact on the
terhadap Perseroan, yaitu:                              Company, namely:
1. Undang - Undang (UU) No. 1 Tahun 2024 tentang        1. Law No. 1 of 2024 concerning the Second Amendment
   Perubahan Kedua atas UU No 11 Tahun 2008 tentang        to Law No. 11 of 2008 concerning Information and
   Informasi dan Transaksi Elektronik                      Electronic Transactions
2. POJK No. 12 tahun 2024 tentang Penerapan Strategi    2. POJK No. 12 of 2024 concerning the Implementation
   Anti Fraud bagi Lembaga Jasa Keuangan                   of Anti-Fraud Strategies for Financial Services
                                                           Institutions




Perubahan Kebijakan Akuntansi
Changes in Accounting Policy

Berikut perubahan kebijakan akuntansi yang efektif      Following is the changes to accounting policies that
berlaku sejak tanggal 1 Januari 2024 dan relevan        were effective from January 1, 2024 and are relevant
dengan Perseroan:                                       to the Company:

•   Amandemen PSAK No. 201: Liabilitas Jangka Panjang   •   Amendment of SFAS No. 201: Non-current Liabilities
    dengan Kovenan                                          with Covenants
•   Amandemen PSAK No. 116: Liabilitas Sewa dalam       •   Amendment of SFAS No. 116: Lease liability in a
    Jual Beli dan Sewa-balik                                Sale and Leaseback
•   Amandemen PSAK No. 207 dan PSAK No. 107:            •   Amendment of SFAS No. 207 and SFAS No. 107:
    Pengaturan Pembiayaan Pemasok                           Supplier Finance Arrangements




Informasi Material Setelah Tanggal Laporan Keuangan
Material Information After the Date of Financial Statement

Tidak terdapat peristiwa material yang terjadi di       There are no material events that occurred after the
Perseroan setelah tanggal Laporan Keuangan.             date of the Financial Statements.




                                                                                                                 149
Page 150

          
Page 151

          
Page 152
      Maybank Finance memandang penerapan Tata                Maybank Finance views the implementation of Good
      Kelola Perusahaan yang Baik (Good Corporate             Corporate Governance (GCG) as a key element to
      Governance/GCG) sebagai elemen kunci untuk              create a transparent, accountable and sustainable
      menciptakan bisnis yang transparan, akuntabel, dan      business. The Company is committed to implementing
      berkelanjutan. Perseroan berkomitmen untuk              GCG principles in every aspect of operations. This is
      menjalankan prinsip-prinsip GCG dalam setiap aspek      done not only to comply with applicable rules and
      operasional. Hal ini dilakukan tidak hanya untuk        regulations, but also to build strong relationships with
      mematuhi peraturan dan ketentuan yang berlaku,          stakeholders, including customers, business partners,
      tetapi juga untuk membangun hubungan yang kokoh         and shareholders. Through consistent GCG
      dengan para pemangku kepentingan, termasuk              implementation, the Company is able to maintain
      debitur, mitra bisnis, dan pemegang saham. Melalui      trust and support sustainable business growth.
      penerapan GCG yang konsisten, Perseroan mampu
      menjaga kepercayaan dan mendukung pertumbuhan
      bisnis yang berkelanjutan.

      Sebagai bagian dari upaya tersebut, Maybank Finance     As part of this effort, Maybank Finance continues to
      terus meningkatkan implementasi GCG melalui             improve GCG implementation through the improvement
      penyempurnaan kebijakan, sistem, dan prosedur           of relevant policies, systems and procedures. The
      yang relevan. Perseroan juga memastikan setiap          Company also ensures that every business decision
      keputusan bisnis diambil dengan mengedepankan           is made by prioritizing integrity, professionalism, and
      integritas, profesionalisme, serta kepatuhan terhadap   compliance with laws and regulations. In addition,
      hukum dan peraturan. Selain itu, Maybank Finance        Maybank Finance proactively follows the development
      secara proaktif mengikuti perkembangan praktik          of GCG best practices to improve operational efficiency
      GCG terbaik untuk meningkatkan efisiensi operasional    and support the achievement of the Company's
      dan mendukung pencapaian visi Perseroan.                vision.




      Komitmen Penerapan Tata Kelola Perusahaan
      Commitment to the Implementation of Good Corporate Governance

      Perseroan berkomitmen untuk menerapkan prinsip-         The Company is committed to implementing GCG
      prinsip GCG dengan menjunjung tinggi etika dan          principles by upholding ethics and integrity in every
      integritas dalam setiap aspek pengelolaan. Langkah      aspect of management. This step aims to encourage
      ini bertujuan untuk mendorong peningkatan kinerja,      performance improvement, ensure the fulfillment of
      memastikan pemenuhan hak-hak pemangku                   stakeholders' rights, and improve compliance with
      kepentingan, serta meningkatkan kepatuhan terhadap      applicable regulations. With consistency in the
      peraturan yang berlaku. Adanya konsistensi dalam        implementation of GCG, the Company hopes to
      penerapan GCG, Perseroan berharap dapat                 strengthen the company's performance while providing
      memperkuat kinerja perusahaan sekaligus memberikan      sustainable added value for all stakeholders.
      nilai tambah yang berkelanjutan bagi seluruh
      pemangku kepentingan.

      Sebagai bagian dari grup Bank Maybank, Maybank          As part of the Maybank Bank group, Maybank Finance
      Finance menerapkan GCG secara terintegrasi dengan       implements GCG in an integrated manner with the
      standar yang ditetapkan oleh induk perusahaan.          standards set by the parent company. The Company



               Laporan Tahunan
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                                                                                  Tata Kelola Perusahaan
                                                                                Good Corporate Governance




Perseroan juga secara rutin menyampaikan laporan       also regularly submits reports related to GCG
terkait penerapan GCG kepada PT Bank Maybank           implementation to PT Bank Maybank Indonesia Tbk,
Indonesia Tbk, guna memastikan keselarasan dan         to ensure alignment and improvement of governance
peningkatan kualitas tata kelola yang mendukung        quality that supports business sustainability.
keberlanjutan bisnis.


Dasar Hukum Penerapan GCG                              Legal Basis for the Implementationof GCG

Penerapan GCG di lingkungan Perseroan berpedoman       The application of CGC in the Company’s environment
pada ketentuan-ketentuan berikut:                      is guided by the following provisions:
1. Undang-Undang Republik Indonesia No.40 tahun        1. The Law of the Republic of Indonesia No.40 year
   2007 tentang Perseroan Terbatas;                        2007 on Limited Liability Companies;
2. Peraturan Otoritas Jasa Keuangan No. 30/            2. Financial Services Authority Regulation No. 30/
   POJK.05/2014 serta perubahannya Peraturan               POJK.05/2014 and its amendment Financial Services
   Otoritas Jasa Keuangan No. 29/POJK.05/2020              Authority Regulation No. 29/POJK.05/2020 regarding
   tentang Tata Kelola Perusahaan yang Baik bagi           Good Corporate Governance for Financing
   Perusahaan Pembiayaan sebagaimana peraturan             Companies as the regulation has been revoked
   tersebut telah dicabut dan digantikan dengan            and replaced by Financial Services Authority
   Peraturan Otoritas Jasa Keuangan No. 48 Tahun           Regulation No. 48 of 2024 regarding Good
   2024 tentang Tata Kelola yang baik Bagi Lembaga         Governance for Financing Institutions, Venture
   Pembiayaan, Perusahaan Modal Ventura, Lembaga           Capital Companies, Microfinance Institutions, and
   Keuangan Mikro, dan Lembaga Jasa Keuangan               Other Financial Services Institutions;
   Lainnya;
3. Peraturan Otoritas Jasa Keuangan No.33/             3. Financial Services Authority Regulation No.33/
   POJK.04/2014 tentang Direksi dan Dewan Komisaris       POJK.04/2014 on the Board of Directors and
   Emiten atau Perusahaan Publik;                         Commissioners of Issuer or Public Company;
4. Peraturan Otoritas Jasa Keuangan No.35/             4. Financial Services Authority Regulation No.35/
   POJK.04/2014 tentang Sekretaris Perusahaan Emiten      POJK.04/2014 on Corporate Secretary of Issuer or
   atau Perusahaan Publik;                                Public Company;
5. Peraturan Otoritas Jasa Keuangan No.31/             5. Financial Services Authority Regulation No.31/
   POJK.04/2015 tentang Keterbukaan atas Informasi        POJK.04/2015 on Transparency of Information or
   atau Fakta Material oleh Emiten atau Perusahaan        Material Facts by Issuer or Public Company;
   Publik;
6. Peraturan Otoritas Jasa Keuangan No.29/             6. Financial Services Authority Regulation No.29/
   POJK.04/2016 tentang Laporan Tahunan Emiten            POJK.04/2016 on the Annual Report of Issuer or
   atau Perusahaan Publik;                                Public Company;
7. Peraturan Otoritas Jasa Keuangan No.35/             7. Financial Services Authority Regulation No.35/
   POJK.05/2018 tentang Penyelenggaraan Usaha             POJK.05/2018 on the Implementation of the
   Perusahaan Pembiayaan;                                 Financing Companies Business;
8. Peraturan Otoritas Jasa Keuangan No.10/             8. Financial Services Authority Regulation No.10/
   POJK.05/2019 tentang Penyelenggaraan Usaha             POJK.05/2019 on Administration of Sharia Financing
   Perusahaan Pembiayaan Syariah dan Unit Usaha           Company Business and Sharia Business Units of
   Syariah Perusahaan Pembiayaan;                         Financing Companies;
9. Peraturan Otoritas Jasa Keuangan No. 47/            9. Financial Services Authority Regulation No. 47/
   POJK.05/2020 tentang Perizinan Usaha dan               POJK.05/2020 concerning Business Licensing and
   Kelembagaan Perusahaan Pembiayaan dan                  Institutional Financing Companies and Sharia
   Perusahaan Pembiayaan Syariah;                         Financing Companies;




                                                                                                                153
Page 154
      10. Surat Edaran Otoritas Jasa Keuangan No.16/                  10. Circular of Financial Services Authority No.16/
          SEOJK.04/2021 tentang Bentuk dan Isi Laporan                    SEOJK.04/2021 on the Form and Content of the
          Emiten atau Perusahaan Publik;                                  Report of Issuer or Public Company;
      11. Peraturan Otoritas Jasa Keuangan Nomor 45                   11. Financial Services Authority Regulation Number
          Tahun 2024 tentang Pengembangan dan Penguatan                   45 of 2024 concerning Development and
          Emiten dan Perusahaan Publik;                                   Strengthening of Issuers and Public Companies;
      12. Peraturan Otoritas Jasa Keuangan Nomor 46                   12. Financial Services Authority Regulation Number
          Tahun 2024 tentang Pengembangan dan Penguatan                   46 of 2024 on the Development and Strengthening
          Perusahaan Pembiayaan, Perusahaan Pembiayaan                    of Financing Companies, Infrastructure Financing
          Infrastruktur, dan Perusahaan Modal Ventura;                    Companies, and Venture Capital Companies;
      13. Anggaran Dasar Perseroan; dan                               13. The Company’s Article of Association; and
      14. Pedoman Tata Kelola Perusahaan yang Baik                    14 The Company’s Guideline for Good Corporate
          Perseroan.                                                      Governance.



      Penerapan Prinsip GCG                                           Implementation of GCG Principles

      Komitmen Perseroan dalam melaksanakan GCG                       The Company's commitment to GCG is reflected in
      tercermin dari setiap pelaksanaan kegiatan usaha                every implementation of business activities based
      yang dilandasi dengan prinsip-prinsip GCG yang                  on GCG principles which have changed from 5 (five)
      telah berubah dari 5 (lima) prinsip yaitu Transparansi,         principles of Transparency, Accountability,
      Akuntabilitas, Responsibilitas, Independensi, dan               Responsibility, Independence and Fairness (TARIF) to
      Kewajaran (TARIF) menjadi 4 (empat) prinsip utama               4 (four) main principles of Ethical Behavior,
      yakni Perilaku Beretika, Transparansi, Akuntabilitas,           Transparency, Accountability, and Sustainability as
      dan Keberlanjutan sebagaimana yang tertera dalam                stated in the 2021 version of the Indonesian General
      Pedoman Umum Governansi Korporat Indonesia                      Guidelines for Corporate Governance (PUGKI). The
      (PUGKI) versi 2021. Komitmen Perseroan dalam                    Company's commitment in implementing each GCG
      menerapkan masing-masing prinsip GCG dijabarkan                 principle is described as follows:
      sebagai berikut:


        Prinsip GCG                                               Komitmen Perseroan
       GCG Principles                                         The Company’s Commitment
       Perilaku Beretika   Dalam melaksanakan kegiatannya, Perseroan senantiasa mengedepankan kejujuran,
       Ethical             memperlakukan semua pihak dengan hormat (respect), memenuhi komitmen, membangun
       Behaviour           serta menjaga nilai-nilai moral, dan kepercayaan secara konsisten. Selain itu, Perseroan
                           juga memperhatikan kepentingan pemegang saham dan pemangku kepentingan lainnya
                           berdasarkan asas kewajaran dan kesetaraan (fairness) dan dikelola secara independen sehingga
                           masing-masing organ Perseroan tidak saling mendominasi dan tidak dapat diintervensi oleh
                           pihak lain.
                           In carrying out its activities, the Company always prioritizes honesty, treats all parties with respect,
                           fulfills commitments, builds and maintains moral values, and trust consistently. The Company
                           pays attention to the interests of shareholders and other stakeholders based on the principles of
                           fairness and equality and is managed independently so that each organ of the Company does
                           not dominate each other and cannot be intervened by other parties.
       Transparansi        Memberikan informasi secara transparan kepada Pemegang Saham dan seluruh pemangku
       Transparency        kepentingan terkait kinerja dan kegiatan usaha perusahaan. Perseroan menerapkan keterbukaan
                           informasi dalam proses pengambilan keputusan dan pengungkapan informasi yang dianggap
                           penting dan relevan.
                           To provide information transparently to Shareholders dan all stakeholders regarding the
                           performance and business activities of company. The Company implements transparency of
                           information in the decision making process and disclosure of important and relevant information.




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                                                                                       Tata Kelola Perusahaan
                                                                                     Good Corporate Governance




  Prinsip GCG                                          Komitmen Perseroan
 GCG Principles                                    The Company’s Commitment
 Akuntabilitas     Menetapkan kejelasan fungsi, struktur, sistem, dan pertanggungjawaban masing-masing organ
 Accountability    dalam Perseroan sehingga pengelolaan Perseroan dapat terlaksana secara efektif dan efisien.
                   To establish clarity in the function, structure, system, and responsibility of each organ in the
                   Company, so that the management of the Company can be carried out effectively and efficiently.
 Keberlanjutan     Perseroan mematuhi peraturan perundang-undangan serta berkomitmen melaksanakan
 Sustainability    tanggung jawab terhadap masyarakat dan lingkungan agar berkontribusi pada pembangunan
                   berkelanjutan melalui kerja sama dengan semua pemangku kepentingan terkait untuk
                   meningkatkan kehidupan mereka dengan cara yang selaras dengan kepentingan bisnis dan
                   agenda pembangunan berkelanjutan.
                   The Company complies with laws and regulations and is committed to carrying out its
                   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.


Penilaian Penerapan GCG                                      Assessment of GCG Implementation
Perseroan secara berkala melakukan evaluasi terhadap         The Company periodically evaluates the implementation
penerapan GCG untuk memperoleh penilaian objektif            of GCG to obtain an objective assessment of the
mengenai penerapan GCG di Perseroan. Penilaian               implementation of GCG in the Company. The GCG
GCG di Perseroan dilakukan oleh internal Perseroan           assessment in the Company is carried out internally
menggunakan metode penilaian sendiri sesuai dengan           by the Company using its own assessment method
ketentuan yang berlaku, dengan hasil pada periode            in accordance with applicable provisions, with the
Desember 2024 sebagai berikut:                               results for the period December 2024 as follows:


           Faktor Penilaian                         Peringkat                               Predikat
            Rating Factors                           Rating                                 Predicate

             Tata Kelola                                                                   Sangat Baik
                                                         1
             Governance                                                                     Very good




                                                                                                                      155
Page 156
      Struktur Tata Kelola Perusahaan
      Corporate Governance Structure


      Guna mencapai keberhasilan pelaksanaan GCG,                     In order to achieve the successful implementation
      organ-organ penting dalam struktur GCG memiliki                 of GCG, the important organs in the GCG structure
      peran tersendiri secara independen sesuai dengan                have their own roles independently in accordance
      ketentuan dan regulasi yang berlaku.                            with the applicable rules and regulations.

      Struktur GCG Perseroan ditampilkan dalam bagan                  The Company’s GCG structure is shown in the following
      sebagai berikut:                                                chart:




                                                                   Rapat Umum Pemegang Saham
                                                                   General Meeting of Shareholders




                                            Dewan Komisaris                                          Dewan Pengawas Syariah
                                          Board of Commissioners                                     Sharia Supervisory Board



                  Komite Audit                                                Direksi
                 Audit Committee
                                                                         Board of Directors


                Komite Nominasi
                dan Remunerasi
           Nomination and Remuneration                                                           Komite Manajemen Risiko
                   Committee                                                                    Risk Management Committee



              Komite Pemantau Risiko                                                                    Komite Pengarah
             Risk Supervisory Committee                                                                Teknologi Informasi
                                                                                                     Information Technology
                                                                                                       Steering Committee




                Laporan Tahunan
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                                                                                 Tata Kelola Perusahaan
                                                                               Good Corporate Governance




Pemegang Saham
Shareholders


Pemegang saham adalah entitas yang memiliki           Shareholder is an entity that holds an equity stake
saham di sebuah perusahaan. Dengan demikian,          in a given company. As such, they own the company
merekalah pemilik perusahaan dan pemegang posisi      and hold the highest position in decision making.
tertinggi dalam pengambilan keputusan.

Sesuai peraturan di Indonesia, yang dapat menjadi     According to Indonesian regulations, those who can
pemegang saham di sebuah perusahaan adalah:           become shareholders in a company are:
 Perorangan;                                          An individual;
 Badan Hukum; atau                                    A legal entity; or
 Yayasan/koperasi.                                    A foundation/cooperative.

Pemegang saham tidak bertanggung jawab secara         Shareholders are not personally liable for any of the
pribadi atas segala perkara hukum perusahaan.         company’s legal relationships. Shareholders are also
Pemegang saham juga tidak bertanggung jawab           not liable for the company’s losses that exceed the
atas kerugian perusahaan yang melebihi nilai saham    value of the shares they own.
yang dimilikinya.



Hak dan Tanggung Jawab Pemegang Saham                 The Rights and Responsibilities of
                                                      Shareholders

Para pemegang saham memiliki hak untuk memberikan     Shareholders have the right to vote on certain matters
suara pada hal-hal tertentu yang berkaitan dengan     with regard to the company and to be elected to a
perusahaan dan juga berhak untuk dipilih menjadi      seat on the Board of Directors.
anggota Direksi.

Hak pemegang saham antara lain:                       The rights of the shareholders, among others:
1. Menghadiri RUPS;                                   1. Attending the GMS;
2. Mengusulkan mata acara RUPS sesuai ketentuan       2. Proposing agenda for GMS, in accordance to
   yang berlaku;                                         prevailing regulations;
3. Menerima rilis materi RUPS sebelum RUPS;           3. Obtaining the release of the GMS material prior
                                                         to the GMS;
4. Mendapatkan kesempatan untuk mengajukan            4. Receiving the opportunity to raise questions and/
   pertanyaan dan/atau memberikan pendapat               or express opinions on each GMS agenda;
   atas setiap mata acara RUPS;
5. Mendapatkan perlakuan yang sama;                   5. Receiving equal treatment;
6. Memberikan suara dalam RUPS;                       6. Voting at the GMS;
7. Mengusulkan calon anggota Dewan Komisaris          7. Nominating candidates for the Board of
   dan/atau Direksi;                                      Commissioners and/or the Board of Directors;
8. Mengusulkan pengangkatan anggota Direksi untuk     8. Proposing the appointment of member of the
   menggantikan anggota Direksi yang diberhentikan        Board of Directors to replace members of the
   atau ada posisi kosong pada Direksi, atau untuk        Board that are dismissed or vacant opportunity
   menambah jumlah anggota Direksi;                       in the position of Board of Directors; or to add the
                                                          number of members of the Board of Directors;
9. Memberhentikan anggota Dewan Komisaris             9. Dismissing members of the Board of Commissioners
    sebelum masa jabatan berakhir;                        at any time before ending term;
10. Setiap saat, mengangkat anggota Dewan Komisaris   10. At all times, appoint a member of the Board of
    untuk menggantikan anggota yang diberhentikan,        Commissioners to replace members of the Board




                                                                                                                 157
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         atau adanya lowongan posisi Dewan Komisaris,             of Commissioners who are dismissed, or vacant
         atau untuk menambah jumlah anggota Dewan                 opportunity in the Board of Commissioners, or to
         Komisaris yang ada;                                      increase the number of existing members of the
                                                                  Board of Commissioners;
      11. Menerima pembayaran dividen sesuai prosedur        11. Receiving dividend payments in accordance with
          dan ketentuan yang berlaku;                            applicable procedures and conditions;
      12. Menjalankan hak dan/atau kewenangan lain           12. Executing other rights and/or authorities pursuant
          sesuai Anggaran Dasar dan peraturan perundang-         to the Articles of Association and applicable laws
          undangan yang berlaku, termasuk hak untuk ikut         and regulations, including the right to participate
          serta dalam hal pemberian izin penambahan              in case of authorizing the increase of capital,
          modal, perubahan Anggaran Dasar Perseroan,             amend the Company’s Articles of Association,
          dan pengalihan seluruh atau sebagian kekayaan          and transfer all or part of assets that cause the
          yang menyebabkan penjualan perusahaan.                 sale of the company.

      Pemegang Saham juga memiliki tanggung jawab            The shareholders also have other responsibilities,
      lain, di antaranya adalah:                             which include:
      1. Membahas dan memutuskan wewenang yang               1. Discussing and deciding the powers to be bestowed
          akan diberikan kepada Direksi Perusahaan,             upon the Company’s Board of Directors, including
          termasuk mengangkat dan memberhentikan                appointing and removing them from office;
          mereka dari jabatannya;
      2. Memutuskan remunerasi yang diterima oleh Direksi;   2. Deciding on how much the Board of Directors
                                                                receive for their salary;
      3. Mengambil keputusan atas hal-hal yang tidak         3. Making decisions on instances the Board of Directors
         memiliki kekuasaan Direksi, termasuk membuat           have no power over, including making changes
         perubahan pada konstitusi perusahaan;                  to the company’s constitution;
      4. Memeriksa dan membuat persetujuan atas laporan      4. Checking and making approvals of the financial
         keuangan perusahaan.                                   statements of the company.




      Rapat Umum Pemegang Saham
      General Meeting of Shareholders
      Rapat Umum Pemegang Saham (RUPS) merupakan             The General Meeting of Shareholders (GMS) is the
      organ tertinggi di dalam struktur GCG dan menjadi      highest organ in the GCG structure and serves as
      wadah utama bagi para Pemegang Saham untuk             the main forum for Shareholders to make resolutions.
      mengambil keputusan.

      RUPS memiliki wewenang yang tidak didelegasikan,       The GMS has the authority that is not delegated, both
      baik kepada Dewan Komisaris maupun kepada Direksi,     towards the Board of Commissioners and the Board
      dalam batas yang ditentukan dalam Undang-Undang        of Directors, within the limits specified in the Law and/
      dan/atau Anggaran Dasar. Wewenang tersebut di          or the Articles of Association. This authority includes:
      antaranya:
      1. Mengangkat dan memberhentikan Dewan Komisaris       1. To appoint and dismiss the Board of Commissioners
         dan Direksi;                                           and Board of Directors;
      2. Mengevaluasi kinerja Dewan Komisaris dan Direksi;   2. To evaluate the performance of the Board of
                                                                Commissioners and Board of Directors;



               Laporan Tahunan
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                                                                                 Good Corporate Governance




3.   Menyetujui perubahan Anggaran Dasar;              3.   To approve changes to the Articles of Association;
4.   Menyetujui Laporan Tahunan;                       4.   To approve the Annual Report;
5.   Menetapkan alokasi penggunaan laba; dan           5.   To determine the allocation of profit; and
6.   Menunjuk akuntan publik.                          6.   To appoint a public accountant.

Berdasarkan Anggaran Dasar Perseroan dan Undang-       According to Articles of Association of the Company
Undang No. 40 tahun 2007 tentang Perseroan Terbatas,   and Law No. 40 of 2007 on Limited Liability Companies,
RUPS terdiri dari RUPS Tahunan yang wajib              the GMS consists of Annual GMS that can be convened
diselenggarakan paling lambat 6 (enam) bulan sejak     no later than 6 (six) months after the end of the fiscal
berakhirnya tahun buku dan RUPS Luar Biasa yang        year and Extraordinary GMS that can be convened
dapat dilaksanakan sewaktu-waktu berdasarkan           at any time as needed and/or according to the
kebutuhan dan/atau kepentingan perusahaan.             Company’s interest.



Pelaksanaan RUPS Tahun 2024                            Implementation of GMS in 2024

Pada tahun 2024, Perseroan telah menyelenggarakan      In 2024, the Company held 1 (one) Annual GMS and
1 (satu) kali RUPS Tahunan dan 1 (satu) kali           1 (one) Extraordinary GMS. The implementation of the
melaksanakan RUPS Luar Biasa. Pelaksanaan RUPS         2024 GMS can be described as follows.
tahun 2024 diuraikan sebagai berikut.

RUPS Tahunan 2024                                      Annual GMS 2024
RUPS Tahunan 2024 adalah RUPS untuk tahun buku         The Annual GMS 2024 is GMS for the financial year of
2023 yang diselenggarakan pada tanggal 21 Maret        2023 that was held on 21 March 2024. The meeting
2024. Adapun agenda rapat adalah sebagai berikut:      agenda is as follows:
1. Persetujuan laporan keuangan Perseroan untuk        1. Approval of the Company's financial statements
   tahun buku yang berakhir pada tanggal 31-12-2023       for the financial year ended on 31-12-2023 (thirty-
   (tiga puluh satu Desember dua ribu dua puluh           one December two thousand twenty-three);
   tiga);
2. Persetujuan penggunaan laba bersih Perseroan        2. Approval of the use of the Company's net profit
   untuk Tahun Buku yang berakhir pada tanggal            for the financial year ended on 31-12-2023 (thirty-
   31-12-2023 (tiga puluh satu Desember dua ribu          one December two thousand twenty-three);
   dua puluh tiga);
3. Memutuskan hal-hal lain yang dianggap perlu         3. Deciding other matters deemed necessary in the
   dalam Perseroan.                                       Company.

Berikut adalah keputusan dan realisasi RUPS Tahunan    Below are the resolutions and realization of the Annual
tahun 2024:                                            GMS 2024:




                                                                                                                  159
Page 160
                                    Keputusan                                                 Realisasi
       No.
                                    Resolutions                                              Realization

      1.     a. Menerima, menyetujui, dan mengesahkan Laporan              Telah    dilaksanakan   seluruhnya     dimana
                Keuangan untuk tahun buku yang berakhir pada               Pemegang Saham menerima, menyetujui dan
                tanggal 31-12-2023 (tiga puluh satu Desember dua           mengesahkan laporan keuangan untuk tahun
                ribu dua puluh tiga) yang telah diaudit oleh Kantor        buku yang berakhir pada tanggal 31 Desember
                Akuntan Publik “Purwantono, Sungkoro & Surja”              2023 yang telah diaudit oleh Kantor Akuntan
                (member of Ernst & Young) dengan pendapat “Wajar           Publik “Purwantono, Sungkoro & Surja” (member
                Tanpa Modifikasi” sebagaimana tercantum dalam              of Ernst & Young).
                laporannya tertanggal 23-2-2024 (dua puluh tiga
                Februari dua ribu dua puluh empat).
                Receive, approve and ratify the Financial Statements       It has been fully implemented where the
                for the financial year ending 31-12-2023 (thirty-first     Shareholders accept, approve and ratify
                of December two thousand and twenty-three) which           the financial statements for the financial
                have been audited by the Public Accounting Firm            year ending December 31, 2023 which have
                “Purwantono, Sungkoro & Surja” (member of Ernst &          been audited by the Public Accounting Firm
                Young ) with a “Fair without Modification” opinion as      “Purwantono, Sungkoro & Surja” (member of
                stated in his report dated 23-2-2024 (twenthy third of     Ernst & Young).
                February two thousand and twenty four).

             b. Mengesahkan laporan tugas pengawasan Dewan                 Telah     dilaksanakan     seluruhnya  dimana
                Komisaris dan Dewan Pengawas Syariah Perseroan             Pemegang Saham menyetujui mengesahkan
                untuk Tahun Buku yang berakhir pada 31-12-2023 (tiga       laporan tugas pengawasan Dewan Komisaris
                puluh satu Desember dua ribu dua puluh tiga).              dan Dewan Pengawas Syariah Perseroan untuk
                Ratify the report on the supervisory duties of the Board   tahun buku yang berakhir pada tanggal 31
                of Commissioners and the Sharia Supervisory Board          Desember 2023.
                of the Company for the Fiscal Year ending 31-12-2023       It has been fully implemented where the
                (thirty-first December two thousand and twenty-            Shareholders agreed to ratify the report on the
                three).                                                    supervisory duties of the Company’s Board of
                                                                           Commissioners and Sharia Supervisory Board
                                                                           for the financial year ending December 31, 2023.

             c. Memberikan pelunasan dan pembebasan tanggung               Telah dilaksanakan seluruhnya di mana
                jawab (“acquit et de charge”) kepada seluruh Dewan         Pemegang Saham memberikan pelunasan dan
                Komisaris dan Direksi Perseroan yang menjabat pada         pembebasan tanggung jawab (“acquit et de
                Tahun Buku 2023 (dua ribu dua puluh tiga) mengenai         charge”) kepada Direksi dan Dewan Komisaris
                tindakan pengawasan dan kepengurusan yang telah            Perseroan yang menjabat pada tahun buku
                dilaksanakan selama tahun buku 2023 (dua ribu dua          2023.
                puluh tiga).
                Provide release and discharge (“acquit et de charge”)      It has been fully implemented where the
                to all Board of Commissioners and Directors of the         Shareholders provide release and discharge
                Company who served in the 2023 financial year (two         (“acquit et de charge”) to the Board of Directors
                thousand and twenty three) financial year regarding        and Board of Commissioners of the Company
                supervisory and management actions that have               who serve in the 2023 financial year.
                been carried out during the 2023 financial year (two
                thousand and two twenty three).




               Laporan Tahunan
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                                                                                             Tata Kelola Perusahaan
                                                                                           Good Corporate Governance




                                Keputusan                                                   Realisasi
 No.
                                Resolutions                                                Realization

2.     Melakukan pembagian keuntungan atau dividen dari total            Distribusi pembagian dividen dari total laba
       laba bersih yang dimiliki Perseroan untuk tahun buku 31-          bersih yang dimiliki Perseroan untuk tahun
       12-2023 (tiga puluh satu Desember dua ribu dua puluh              buku 2023 sebesar Rp177.515.731.000 telah
       tiga) kepada para pemegang saham maksimal sebesar                 dilaksanakan seluruhnya dan sisa laba bersih
       40% (empat puluh persen) atau senilai Rp177.515.731.000           setelah dikurangi dengan pembagian dividen
       (seratus tujuh puluh tujuh miliar lima ratus lima belas juta      kepada para pemegang saham, yaitu sebesar
       tujuh ratus tiga puluh satu ribu Rupiah), dengan perincian        Rp266.273.600.851 digunakan sebagai laba
       pembagian:                                                        ditahan Perseroan.
       a. Dibagikan kepada PT Bank Maybank Indonesia Tbk                 The distribution of dividends from the
           selaku pemilik 32.369.999 (tiga puluh dua juta tiga           Company’s total net profit for the financial
           ratus enam puluh Sembilan ribu Sembilan ratus                 year 2023 of Rp177,515,731,000 has been fully
           Sembilan puluh sembilan) lembar saham dari total              implemented and the remaining net profit
           saham Perseroan yaitu 32.370.000 (tiga puluh dua              after deducting the distribution of dividends to
           juta tiga ratus tujuh puluh ribu) lembar, dengan total        shareholders amounting to Rp266,273,600,851 is
           dividen yang dibagikan sebesar Rp 177.515.726.000             used as retained earnings of the Company.
           (seratus tujuh puluh tujuh miliar lima ratus lima belas
           juta tujuh ratus dua puluh enam ribu Rupiah);
       b. Dibagikan      kepada      Koperasi     Karyawan     Bank
           Internasional Indonesia selaku pemilik 1 (satu) lembar
           saham dari total saham Perseroan yaitu 32.370.000
           (tiga puluh dua juta tiga ratus tujuh puluh ribu) lembar,
           dengan total dividen yang dibagikan sebesar Rp5.000
           (lima ribu Rupiah).

       Distribusi pembagian dividen oleh Perseroan akan
       dilaksanakan selambat- lambatnya pada tanggal 18-04-
       2024 (delapan belas April dua ribu dua puluh empat).

       Terhadap sisa laba bersih Perseroan tahun buku 31-12-
       2023 (tiga puluh satu Desember dua ribu dua puluh tiga)
       setelah dikurangi dengan pembagian dividen kepada
       para pemegang saham, yaitu sebesar Rp 266.273.600.851
       (dua ratus enam puluh enam miliar dua ratus tujuh puluh
       tiga juta enam ratus ribu delapan ratus lima puluh satu
       rupiah), maka seluruh sisa laba Perseroan tahun buku 31-
       12-2023 (tiga puluh satu Desember dua ribu dua puluh
       tiga) tersebut digunakan sebagai laba ditahan Perseroan.

       To distribute profits or dividends from the total net profit of
       the Company for the financial year 31-12-2023 (thirty-one
       December two thousand twenty-three) to shareholders
       at a maximum of 40% (forty percent) or Rp177,515,731,000
       (one hundred seventy-seven billion five hundred fifteen
       million seven hundred thirty-one thousand Rupiah), with
       details of distribution:
       a. Distributed to PT Bank Maybank Indonesia, Tbk as the
           owner of 32,369,999 (thirty two million three hundred
           sixty nine thousand nine hundred ninety nine) shares
           of the Company's total shares of 32,370,000 (thirty
           two million three hundred seventy thousand) shares,
           with total dividends distributed amounting to Rp
           177,515,726,000 (one hundred seventy seven billion
           five hundred fifteen million seven hundred twenty six
           thousand Rupiah);
       b. Distributed to Koperasi Karyawan Bank Internasional
           Indonesia as the owner of 1 (one) share of the
           Company's total shares of 32,370,000 (thirty-two
           million three hundred seventy thousand) shares, with
           a total dividend distribution of Rp5,000 (five thousand
           Rupiah).




                                                                                                                            161
Page 162
                                     Keputusan                                                Realisasi
        No.
                                     Resolutions                                             Realization

              The distribution of dividends by the Company will be
              carried out at the latest on 18-04-2024 (eighteen April two
              thousand twenty-four).

              Regarding the remaining net profit of the Company for
              the financial year 31-12-2023 (thirty-one December two
              thousand twenty-three) after deducting the distribution
              of dividends to shareholders, which amounted to Rp
              266,273,600,851 (two hundred sixty-six billion two hundred
              seventy-three million six hundred thousand eight hundred
              fifty-one rupiah), then the entire remaining profit of the
              Company for the financial year 31-12-2023 (thirty-one
              December two thousand twenty-three) is used as retained
              earnings of the Company.

       3.     Keputusan tersebut berlaku sejak ditutupnya Rapat ini.         Telah dilaksanakan seluruhnya.
              The resolution is effective as of the closing of this Meeting. Fully implemented.



      RUPS Luar Biasa 2024                                        Extraordinary GMS 2024
      RUPS Luar Biasa diselenggarakan pada tanggal 21             The Extraordinary GMS was held on March 21, 2024.
      Maret 2024. Adapun agenda rapat adalah sebagai              The meeting agenda is as follows:
      berikut:
      1. Penetapan honorarium dan/atau tunjangan lainnya          1.   Determination of honorarium and/or other benefits
         bagi Dewan Komisaris untuk tahun buku 2024                    for Board of Commissioners for the financial year
         (dua ribu dua puluh empat);                                   2024 (two thousand twenty four);
      2. Pelimpahan wewenang kepada Dewan Komisaris               2.   Delegation of authority to the Board of
         untuk menetapkan:                                             Commissioners to determine:
         a. Gaji dan tunjangan lainnya bagi anggota Direksi            a. Salary and other benefits for members of the
             untuk tahun buku 2024 (dua ribu dua puluh                     Board of Directors for the financial year 2024
             empat); dan                                                   (two thousand twenty-four); and
         b. Honorarium dan/atau tunjangan lainnya bagi                 b. Honorarium and/or other benefits for members
             anggota Dewan Pengawas Syariah untuk tahun                    of the Sharia Supervisory Board for the financial
             buku 2024 (dua ribu dua puluh empat).                         year 2024 (two thousand twenty-four).
      3. Penunjukan Akuntan Publik dan Kantor Akuntan             3.   Appointment of a Public Accountant and Public
         Publik yang akan mengaudit laporan keuangan                   Accounting Firm to audit the Company's financial
         Perseroan tahun buku 2024 (dua ribu dua puluh                 statements for the financial year 2024 (two
         empat) dan penetapan honorarium maupun                        thousand twenty-four) and determination of
         persyaratan lainnya yang berkenaan dengan                     honorarium and other requirements related to
         penunjukan tersebut;                                          the appointment;
      4. Persetujuan penerbitan Penawaran Umum Obligasi           4.   Approval of the issuance of Maybank Finance
         Berkelanjutan IV Maybank Finance;                             Shelf Registered Bond IV Public Offering;
      5. Persetujuan pemberhentian dan pengangkatan               5.   Approval of the dismissal and reappointment of
         kembali Dewan Komisaris dan Dewan Pengawas                    the Board of Commissioners and Syariah
         Syariah;                                                      Supervisory Board;
      6. Memutuskan hal-hal yang dianggap perlu dalam             6.   Deciding matters deemed necessary in the
         Perseroan.                                                    Company.




                Laporan Tahunan
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                                                                                         Tata Kelola Perusahaan
                                                                                       Good Corporate Governance




Berikut keputusan dan realisasi RUPS Luar Biasa tahun      Below are the resolutions and realization of the
2024:                                                      Extraordinary GMS 2024:

                                Keputusan                                                Realisasi
  No.
                                Resolutions                                             Realization

 1.     Menyetujui pelimpahan wewenang kepada Presiden                 Telah dilaksanakan seluruhnya dimana
        Komisaris untuk menetapkan honorarium dan/atau                 Pemegang Saham menyetujui pelimpahan
        tunjangan lainnya bagi anggota Dewan Komisaris untuk           wewenang kepada Presiden Komisaris
        tahun buku 2024 (dua ribu dua puluh empat); dengan             untuk menetapkan honorarium dan/atau
        memperhatikan usul dan rekomendasi dari Komite Nominasi        tunjangan lainnya bagi anggota Dewan
        dan Remunerasi Perseroan. Besarnya honorarium dan/atau         Komisaris untuk tahun buku 2024.
        tunjangan lainnya bagi anggota Dewan Komisaris dimaksud        Has been fully implemented where the
        akan dicantumkan dalam laporan tahunan Perseroan tahun         Shareholders approved the delegation of
        buku 2024 (dua ribu dua puluh empat).                          authority to the President Commissioner to
        Approved the delegation of authority to the President          determine honorarium and/or other benefits
        Commissioner to determine honorarium and/or other              for members of the Board of Commissioners
        benefits for members of the Board of Commissioners for         for the fiscal year 2024.
        the financial year 2024 (two thousand twenty-four); taking
        into account the proposals and recommendations of the
        Company’s Nomination and Remuneration Committee. The
        amount of honorarium and/or other benefits for members
        of the Board of Commissioners will be included in the
        Company’s annual report for the financial year 2024 (two
        thousand twenty-four).
 2.     a. Menyetujui pelimpahan wewenang kepada Dewan                 a. Telah       dilaksanakan         seluruhnya
           Komisaris untuk menetapkan besar gaji dan/atau                 dimana Pemegang Saham menyetujui
           tunjangan lainnya bagi anggota Direksi untuk tahun             pelimpahan wewenang kepada Presiden
           buku 2024 (dua ribu dua puluh empat); dengan                   Komisaris untuk menetapkan honorarium
           memperhatikan usul dan rekomendasi dari Komite                 dan/atau      tunjangan      lainnya   bagi
           Nominasi dan Remunerasi Perseroan. Besarnya gaji dan           anggota Direksi untuk tahun buku 2024.
           tunjangan lainnya bagi anggota Direksi dimaksud akan        b. Telah       dilaksanakan         seluruhnya
           dicantumkan dalam laporan tahunan Perseroan tahun              dimana Pemegang Saham menyetujui
           buku 2024 (dua ribu dua puluh empat); dan                      pelimpahan wewenang kepada Presiden
        b. Menyetujui pelimpahan wewenang kepada Dewan                    Komisaris untuk menetapkan honorarium
           Komisaris untuk menetapkan besar gaji dan/atau                 dan/atau      tunjangan      lainnya   bagi
           tunjangan lainnya bagi anggota Dewan Pengawas                  anggota Dewan Pengawas Syariah untuk
           Syariah untuk tahun buku 2024 (dua ribu dua puluh              tahun buku 2024.
           empat); dengan memperhatikan usul dan rekomendasi           a. Has been fully implemented where the
           dari Komite Nominasi dan Remunerasi Perseroan.                 Shareholders approved the delegation of
           Besarnya gaji dan tunjangan lainnya bagi anggota               authority to the President Commissioner
           Dewan Pengawas Syariah dimaksud akan dicantumkan               to determine honorarium and/or other
           dalam laporan tahunan Perseroan tahun buku 2024 (dua           benefits for members of the Board of
           ribu dua puluh empat).                                         Directors for the fiscal year 2024.
        a. Approved the delegation of authority to the Board of
           Commissioners to determine the amount of salary and/        b. Has been fully implemented where the
           or other benefits for members of the Board of Directors        Shareholders approved the delegation of
           for the financial year 2024 (two thousand twenty-four);        authority to the President Commissioner
           taking into account the proposals and recommendations          to determine honorarium and/or other
           of the Company’s Nomination and Remuneration                   benefits for members of the Sharia
           Committee. The amount of salary and other benefits for         Supervisory Board for the fiscal year 2024.
           members of the Board of Directors will be included in the
           Company’s annual report for the financial year 2024 (two
           thousand twenty-four); and
        b. Approved the delegation of authority to the Board of
           Commissioners to determine the amount of salary and/
           or other benefits for members of the Sharia Supervisory
           Board for the financial year 2024 (two thousand
           twenty-four); taking into account the proposals and
           recommendations of the Nomination and Remuneration
           Committee of the Company. The amount of salary and
           other benefits for members of the Sharia Supervisory
           Board will be included in the Company’s annual report
           for the financial year 2024 (two thousand twenty-four).




                                                                                                                        163
Page 164
                                    Keputusan                                               Realisasi
       No.
                                    Resolutions                                            Realization

      3.     a. Menyetujui untuk menunjuk Kantor Akuntan Publik            a. Telah dilaksanakan seluruhnya dimana
                “Purwantono, Sungkoro & Surja” (member of Ernst &             Pemegang Saham menunjuk saudara
                Young) sebagai Kantor Akuntan Publik untuk mengaudit          Kantor Akuntan Publik “Purwantono,
                laporan keuangan Perseroan tahun buku 2024 (dua ribu          Sungkoro & Surja” (member of Ernst
                dua puluh empat).                                             & Young) sebagai Akuntan Publik dan
             b. Menyetujui pelimpahan wewenang kepada Dewan                   Kantor Akuntan Publik untuk mengaudit
                Komisaris Perseroan untuk menetapkan besarnya                 laporan keuangan tahun buku 2024.
                honorarium sehubungan dengan Kantor Akuntan Publik         b. Telah     dilaksanakan    seluruhnya    di
                tersebut dengan syarat-syarat yang dianggap baik.             mana Pemegang Saham menyetujui
             c. Memberikan kuasa kepada Dewan Komisaris dan Direksi           pelimpahan wewenang kepada Dewan
                Perseroan untuk melakukan segala sesuatu berkenaan            Komisaris Perseroan untuk menetapkan
                dengan penunjukan Akuntan Publik dan/atau Kantor              besaran       honorarium      sehubungan
                Akuntan Publik, termasuk menunjuk penggantinya, dalam         dengan penuntukan Kantor Akuntan
                hal Kantor Akuntan Publik “Purwantono, Sungkoro & Surja”      Publik tersebut.
                karena sebab apapun tidak dapat menyelesaikan audit        c. Telah dilaksanakan seluruhnya di mana
                Laporan Keuangan Perseroan tahun buku 2024 (dua ribu          Pemegang Saham memberikan kuasa
                dua puluh empat).                                             kepada Dewan Komisaris dan Direksi
             a. Approved to appoint Public Accounting Firm “Purwantono,       Perseroan untuk melakukan segala
                Sungkoro & Surja” (member of Ernst & Young) as the            sesuatu berkenaan dengan penunjukan
                Public Accounting Firm to audit the Company’s financial       Kantor Akuntan Publik, termasuk menunjuk
                statements for the fiscal year 2024 (two thousand             Akuntan Publik dan/atau Kantor Akuntan
                twenty-four).                                                 Publik Pengganti, dalam hal Kantor
             b. Approved the delegation of authority to the Company’s         Akuntan Publik “Purwantono, Sungkoro &
                Board of Commissioners to determine the amount of             Surja” karena sebab apapun tidak dapat
                honorarium in connection with the Public Accounting           menyelesaikan audit laporan keuangan
                Firm with conditions that are considered good.                untuk tahun buku 2024.
             c. To authorize the Board of Commissioners and the Board      a. It has been fully implemented where
                of Directors of the Company to do everything related to       the    Shareholders    appointed    Public
                the appointment of the Public Accountant and/or Public        Accounting Firm “Purwantono, Sungkoro
                Accounting Firm, including appointing a replacement, in       & Surja” (member of Ernst & Young)
                the event that the Public Accounting Firm “Purwantono,        as Public Accountants and the Public
                Sungkoro & Surja” for any reason cannot complete the          Accounting Firm to audit the financial
                audit of the Company’s Financial Statements for the           statements for the 2024 financial year.
                financial year 2024 (two thousand twenty-four).            b. It has been fully implemented where
                                                                              the Shareholders agreed to delegation
                                                                              of authority to the Company’s Board of
                                                                              Commissioners to determine the amount
                                                                              of honorarium in connection with the
                                                                              appointment of the Public Accounting
                                                                              Firm.
                                                                           c. It has been fully implemented where
                                                                              the Shareholders give power of attorney
                                                                              to the Board of Commissioners and
                                                                              Directors of the Company to do everything
                                                                              related to the appointment of a Public
                                                                              Accounting Firm, including appointing
                                                                              a Public Accountant and/or Substitute
                                                                              Public Accounting Firm, in the case of
                                                                              the Public Accounting Firm “Purwantono,
                                                                              Sungkoro & Surja” because for any reason
                                                                              unable to complete the audit of financial
                                                                              statements for the 2024 financial year.




               Laporan Tahunan
164   2024     Annual Report
Page 165
                                                                          Tata Kelola Perusahaan
                                                                        Good Corporate Governance




                               Keputusan                                  Realisasi
 No.
                               Resolutions                               Realization

4.     a. Menyetujui Penerbitan Penawaran Umum Obligasi Telah dilaksanakan seluruhnya.
          Berkelanjutan IV Maybank Finance. Adapun beberapa Fully implemented.
          hal yang menjadi latar belakang penerbitan Penawaran
          Umum Berkelanjutan Obligasi IV Maybank Finance Tahun
          2024 (dua ribu dua puluh empat) adalah:
          - Memperkuat modal kerja Perseroan di tahun 2024
              (dua ribu dua puluh empat) dan;
          - Sebagai salah satu sumber alternatif perdanaan
              dengan tingkat kupon kompetitif.
       b. Perseroan mengusulkan untuk menyetujui :
          - Melakukan penerbitan obligasi melalui Penawaran
              Umum Berkelanjutan Obligasi Berkelanjutan IV
              Maybank Finance Tahap I (Pertama) Tahun 2024
              (dua ribu dua puluh empat) dengan nilai penerbitan
              setinggi-tingginya sebesar Rp500.000.000.000 (Lima
              ratus miliar Rupiah);
          - Melakukan segala tindakan yang diperlukan termasuk
              pada menandatangi perjanjian-perjanjian yang
              berhubungan dengan penerbitan dan melakukan
              penunjukkan pihak-pihak yang membantu Perseroan
              dalam melakukan penerbitan Penawaran Umum
              Berkelanjutan Obligasi Berkelanjutan IV Maybank
              Finance Tahap I (Pertama) Tahun 2024 (dua ribu dua
              puluh empat).

       a. Approved the Issuance of Maybank Finance Shelf
          Registered Bond IV Public Offering. Several things that
          become the background of the issuance of Maybank
          Finance Shelf Registered Public Offering of Bonds IV Year
          2024 (two thousand twenty four) are:
          - To strengthen the Company's working capital in 2024
              (two thousand twenty four) and;
          - As an alternative source of funding with a competitive
              coupon rate.
       b. The Company proposes to approve:
          - To issue bonds through Shelf Registered Public
              Offering of Maybank Finance IV Shelf Registered Bond
              Phase I (First) Year 2024 (two thousand twenty four)
              with a maximum issuance value of Rp500,000,000,000
              (Five hundred billion Rupiah);
          - Take all necessary actions including signing
              agreements related to the issuance and appointing
              parties that assist the Company in conducting
              the issuance of Shelf Registered Public Offering IV
              Maybank Finance Phase I (First) Year 2024 (two
              thousand twenty four).




                                                                                                    165
Page 166
                                      Keputusan                                                Realisasi
       No.
                                      Resolutions                                             Realization

      5.     a. Memberhentikan dengan hormat Tuan Deswandhy Telah dilaksanakan seluruhnya.
                Agusman sebagai Presiden Komisaris (Independen) Fully implemented.
                Perseroan, yang masa jabatannya akan berakhir
                terhitung sejak ditutupnya rapat. Perseroan dengan
                ini menyampaikan penghargaan dan ucapan terima
                kasih setinggi-tingginya atas pemikiran, kerja keras,
                serta jasa-jasa Tuan Deswandhy         Agusman untuk
                kemajuan Perseroan, dengan memberikan pelunasan
                dan tanggung jawab (acquit et de charge) untuk masa
                jabatan beliau sejak ditutup rapat ini, akan diberikan
                sepanjang tercermin dalam laporan Tahunan dan
                Laporan Keuangan Perseroan yang telah disahkan dalam
                Rapat Umum Pemegang Saham Tahunan Perseroan
                Tahun Buku 2024 (dua ribu dua puluh empat)
             b. Menyetujui untuk mengangkat:
                a. Nyonya Budhi Dyah Sitawati sebagai Presiden
                    Komisaris Perseroan untuk masa jabatan efektif
                    secepat-cepatnya sejak tanggal 2-4-2024 (dua April
                    dua ribu dua puluh empat) dan setelah diperolehnya
                    persetujuan dari Otoritas Jasa Keuangan;
                b. Tuan Herwan Ng sebagai Komisaris Independen
                    Perseroan untuk masa jabatan efektif sejak
                    ditutupnya rapat ini dan setelah diperolehnya
                    persetujuan dari Otoritas Jasa Keuangan. Terhadap
                    pengangkatan kedua Komisaris akan memiliki masa
                    jabatan mengikuti anggota Komisaris lainnya atau
                    sampai dengan berakhirnya penutupan Rapat
                    Umum Pemegang Saham perseroan untuk Tahun
                    Buku 2025 (dua ribu dua puluh lima) yang akan
                    diselenggarakan pada tahun 2026 (dua ribu dua
                    puluh enam). Perincian sebagai berikut:
                    Susunan Perseroan:
                    Presiden Komisaris: Nyonya BUDHI DYAH SITAWATI;
                    Komisaris: Tuan STEFFANO RIDWAN;
                    Komisaris Independen: Tuan HERWAN NG.
             c. Menyetujui pengakhiran masa jabatan Tuan Doktor Haji
                Amirsyah Tambunan, Magister Agama, sebagai Ketua
                Dewan Pengawas Syariah Perseroan dan Tuan Doktor
                Kyai Haji Sodikun, Magister Sains, sebagai anggota
                Dewan Pengawas Syariah Perseroan, yang masa
                jabatannya akan berakhir terhitung sejak ditutupnya
                rapat. Perseroan menyampaikan terima kasih setinggi-
                tingginya atas pemikiran, kerja keras, serta jasa-jasa
                untuk Perseroan.
             d. Menyetujui untuk mengangkat kembali Tuan Doktor Haji
                Amirsyah Tambunan, Magister Agama, sebagai Ketua
                Dewan Pengawas Syariah Perseroan dan Tuan Doktor
                Kyai Haji Sodikun, Magister Sains. Untuk masa jabatan
                terhitung sejak ditutupnya rapat ini sampai dengan
                ditutupnya Rapat Umum Pemegang Saham Tahunan
                Perseroan untuk tahun Buku 2026 (dua ribu dua puluh
                enam) yang akan diselenggarakan pada tahun 2027
                (dua ribu dua puluh tujuh). Susunan Dewan Pengawas
                Syariah Perseroan menjadi:
                Ketua Dewan: Tuan Doktor Haji AMIRSYAH TAMBUNAN,
                Magister Agama
                Anggota Dewan Pengawas Syariah: Tuan Doktor Kyai Haji
                SODIKUN, Magister Sains

      6.     Keputusan tersebut berlaku sejak ditutupnya Rapat ini.           Telah dilaksanakan seluruhnya.
             The resolution is effective as of the closing of this Meeting.   Fully implemented.




               Laporan Tahunan
166   2024     Annual Report
Page 167
                                                                                       Tata Kelola Perusahaan
                                                                                     Good Corporate Governance




Pelaksanaan RUPS Tahun 2023                               Implementation of GMS in 2023

Pada tahun 2023, Perseroan telah menyelenggarakan         In 2023, the Company held 1 (one) Annual GMS and
1 (satu) kali RUPS Tahunan dan 1 (satu) kali              1 (one) Extraordinary GMS. The implementation of the
melaksanakan RUPS Luar Biasa. Pelaksanaan RUPS            2023 GMS can be described as follows.
tahun 2023 diuraikan sebagai berikut.

RUPS Tahunan 2023                                         Annual GMS 2023
RUPS Tahunan 2023 adalah RUPS untuk tahun buku            The Annual GMS 2023 is GMS for the financial year of
2022 yang diselenggarakan pada tanggal 29 Maret           2022 that was held on March 29, 2023. The meeting
2023. Adapun agenda rapat adalah sebagai berikut:         agenda is as follows:
1. Persetujuan laporan keuangan Perseroan untuk           1. Approval of the Company's financial statements
   tahun buku yang berakhir pada tanggal 31-12-2022          for the financial year ended on 31-12-2022 (thirty-
   (tiga puluh satu Desember dua ribu dua puluh              one December two thousand twenty-two);
   dua);
2. Persetujuan penggunaan laba bersih Perseroan           2. Approval of the use of the Company's net profit
   untuk Tahun Buku yang berakhir pada tanggal               for the financial year ended on 31-12-2022 (thirty-
   31-12-2022 (tiga puluh satu Desember dua ribu             one December two thousand twenty-two);
   dua puluh dua);
3. Memutuskan hal-hal lain yang dianggap perlu            3. Deciding other matters deemed necessary in the
   dalam Perseroan.                                          Company.

Berikut adalah keputusan dan realisasi RUPS Tahunan       Below are the resolutions and realization of the Annual
tahun 2023:                                               GMS 2023:


                                  Keputusan                                               Realisasi
  No.
                                  Resolutions                                            Realization

 1.     a. Menerima, menyetujui, dan mengesahkan Laporan Keuangan          Telah      dilaksanakan      seluruhnya
           untuk tahun buku yang berakhir pada tanggal 31-12-2022 (tiga    dimana Pemegang Saham menerima,
           puluh satu Desember dua ribu dua puluh dua) yang telah          menyetujui dan mengesahkan laporan
           diaudit oleh Kantor Akuntan Publik “Purwantono, Sungkoro        keuangan untuk tahun buku yang
           & Surja” (member of Ernst & Young) dengan pendapat              berakhir pada tanggal 31 Desember 2022
           “Wajar Tanpa Modifikasi” sebagaimana tercantum dalam            yang telah diaudit oleh Kantor Akuntan
           laporannya tertanggal 16-2-2023 (enam belas Februari dua        Publik “Purwantono, Sungkoro & Surja”
           ribu dua puluh tiga).                                           (member of Ernst & Young).
           Receive, approve and ratify the Financial Statements for the    It has been fully implemented where
           financial year ending 31-12-2022 (thirty-first of December      the Shareholders accept, approve and
           two thousand and twenty-two) which have been audited by         ratify the financial statements for the
           the Public Accounting Firm “Purwantono, Sungkoro & Surja”       financial year ending December 31, 2022
           (member of Ernst & Young ) with a “Fair without Modification”   which have been audited by the Public
           opinion as stated in his report dated 16-2-2023 (sixteenth of   Accounting Firm “Purwantono, Sungkoro
           February two thousand and twenty three).                        & Surja” (member of Ernst & Young).




                                                                                                                     167
Page 168
                                        Keputusan                                                  Realisasi
       No.
                                        Resolutions                                               Realization

             b. Mengesahkan laporan tugas pengawasan Dewan Komisaris                Telah      dilaksanakan      seluruhnya
                dan Dewan Pengawas Syariah Perseroan untuk Tahun Buku               dimana Pemegang Saham menyetujui
                yang berakhir pada 31-12-2022 (tiga puluh satu Desember             mengesahkan          laporan      tugas
                dua ribu dua puluh dua).                                            pengawasan Dewan Komisaris dan
                Ratify the report on the supervisory duties of the Board of         Dewan Pengawas Syariah Perseroan
                Commissioners and the Sharia Supervisory Board of the               untuk tahun buku yang berakhir pada
                Company for the Fiscal Year ending 31-12-2022 (thirty-first         tanggal 31 Desember 2022.
                December two thousand and twenty-two).                              It has been fully implemented where
                                                                                    the Shareholders agreed to ratify the
                                                                                    report on the supervisory duties of the
                                                                                    Company’s Board of Commissioners
                                                                                    and Sharia Supervisory Board for the
                                                                                    financial year ending December 31, 2022.

             c. Memberikan pelunasan dan pembebasan tanggung jawab                  Telah dilaksanakan seluruhnya di
                (“acquit et de charge”) kepada seluruh Dewan Komisaris dan          mana Pemegang Saham memberikan
                Direksi Perseroan yang menjabat pada Tahun Buku 2022 (dua           pelunasan dan pembebasan tanggung
                ribu dua puluh dua) mengenai tindakan pengawasan dan                jawab (“acquit et de charge”) kepada
                kepengurusan yang telah dilaksanakan selama tahun buku              Direksi dan Dewan Komisaris Perseroan
                2022 (dua ribu dua puluh dua).                                      yang menjabat pada tahun buku 2022.
                Provide release and discharge (“acquit et de charge”) to all        It has been fully implemented where
                Board of Commissioners and Directors of the Company who             the Shareholders provide release and
                served in the 2022 financial year (two thousand and twenty          discharge (“acquit et de charge”) to
                two) financial year regarding supervisory and management            the Board of Directors and Board of
                actions that have been carried out during the 2022 financial        Commissioners of the Company who
                year (two thousand and two twenty one).                             serve in the 2022 financial year.


      2.     Melakukan pembagian keuntungan atau dividen dari total laba            Distribusi pembagian dividen dari total
             bersih yang dimiliki Perseroan untuk tahun buku 31-12-2022 (tiga       laba bersih yang dimiliki Perseroan
             puluh satu Desember dua ribu dua puluh dua) kepada para                untuk tahun buku 2022 sebesar
             pemegang saham maksimal sebesar 40% (empat puluh persen)               Rp176.185.863.647 telah dilaksanakan
             atau senilai Rp176.185.863.647 (seratus tujuh puluh enam miliar        seluruhnya dan sisa laba bersih setelah
             seratus delapan puluh lima juta delapan ratus enam puluh tiga          dikurangi dengan pembagian dividen
             ribu enam ratus empat puluh tujuh Rupiah), dengan perincian            kepada para pemegang saham, yaitu
             pembagian:                                                             sebesar Rp264.278.829.119 digunakan
             a. Dibagikan kepada PT Bank Maybank Indonesia Tbk selaku               sebagai laba ditahan Perseroan.
                 pemilik 32.369.999 (tiga puluh dua juta tiga ratus enam puluh
                 sembilan ribu sembilan ratus sembilan puluh sembilan)              The distribution of dividends from
                 lembar saham dari total saham Perseroan yaitu 32.370.000           the Company’s total net profit for the
                 (tiga puluh dua juta tiga ratus tujuh puluh ribu) lembar, dengan   financial year 2022 of Rp176,185,863,647
                 total dividen yang dibagikan sebesar Rp176.185.825.000             has been fully implemented and the
                 (seratus tujuh puluh enam miliar seratus delapan puluh lima        remaining net profit after deducting the
                 juta delapan ratus dua puluh lima ribu Rupiah);                    distribution of dividends to shareholders
             b. Dibagikan kepada Koperasi Karyawan Bank Internasional               amounting to Rp264,278,829,119 is used
                 Indonesia selaku pemilik 1 (satu) lembar saham dari total          as retained earnings of the Company.
                 saham Perseroan yaitu 32.370.000 (tiga puluh dua juta tiga
                 ratus tujuh puluh ribu) lembar, dengan total dividen yang
                 dibagikan sebesar Rp5.000 (lima ribu Rupiah).

             Distribusi pembagian dividen oleh Perseroan akan dilaksanakan
             selambat- lambatnya pada tanggal 12-4-2023 (dua belas April
             dua ribu dua puluh tiga).




               Laporan Tahunan
168   2024     Annual Report
Page 169
                                                                                       Tata Kelola Perusahaan
                                                                                     Good Corporate Governance




                                   Keputusan                                              Realisasi
 No.
                                   Resolutions                                           Realization

       Terhadap sisa laba bersih Perseroan tahun buku 31-12-2022 (tiga
       puluh satu Desember dua ribu dua puluh dua) setelah dikurangi
       dengan pembagian dividen kepada para pemegang saham,
       yaitu sebesar Rp264.278.829.119 (dua ratus enam puluh empat
       miliar dua ratus tujuh puluh delapan juta delapan ratus dua puluh
       sembilan ribu seratus sembilan belas rupiah), maka seluruh sisa
       laba Perseroan tahun buku 31-12-2022 (tiga puluh satu Desember
       dua ribu dua puluh dua) tersebut digunakan sebagai laba
       ditahan Perseroan.

       Distribute profits or dividends from the total net profit of the
       Company for the financial year 31-12-2022 (thirty-one December
       two thousand twenty-two) to shareholders at a maximum of 40%
       (forty percent) or Rp176,185,863,647, - (one hundred seventy-
       six billion one hundred eighty-five million eight hundred sixty-
       three thousand six hundred forty-seven Rupiah), with details of
       distribution:
       a. Distributed to PT Bank Maybank Indonesia, Tbk as the owner
           of 32,369,999 (thirty-two million three hundred sixty-nine
           hundred ninety-nine) shares of the Company’s total shares
           of 32,370,000 (thirty-two million three hundred seventy
           thousand) shares, with total dividends distributed amounting
           to Rp176,185,825,000, - (one hundred seventy-six billion
           one hundred eighty-five million eight hundred twenty-five
           thousand Rupiah);
       b. Distributed to the Koperasi Karyawan Bank Internasional
           Indonesia as the owner of 1 (one) share of the Company’s
           total shares of 32,370,000 (thirty-two million three hundred
           seventy thousand) shares, with total dividends distributed of
           Rp5,000 (five thousand Rupiah).

       The distribution of dividends by the Company will be carried out
       no later than 12-4-2023 (twelve April two thousand twenty-three).

       Regarding the remaining net profit of the Company for the
       financial year 31-12-2022 (thirty-one December two thousand
       twenty-two) after deducting the dividend distribution to the
       shareholders amounting to Rp264,278,829,119 (two hundred sixty-
       four billion two hundred seventy-eight million eight hundred
       twenty-nine thousand one hundred nineteen rupiah), all of the
       remaining profit of the Company for the financial year 31-12-
       2022 (thirty-one December two thousand twenty-two) is used as
       retained earnings of the Company.

3.     Keputusan tersebut berlaku sejak ditutupnya Rapat ini.              Telah dilaksanakan seluruhnya.
       The resolution is effective as of the closing of this Meeting.      Fully implemented.




                                                                                                                 169
Page 170
      RUPS Luar Biasa 2023                                       Extraordinary GMS 2023
      RUPS Luar Biasa diselenggarakan pada tanggal 29            The Extraordinary GMS was held on March 29, 2023.
      Maret 2023. Adapun agenda rapat adalah sebagai             The meeting agenda is as follows:
      berikut:
      1. Penetapan honorarium dan/atau tunjangan lainnya         1.   Determination of honorarium and/or other benefits
         bagi Dewan Komisaris untuk tahun buku 2023 (dua              for Board of Commissioners for the financial year
         ribu dua puluh tiga);                                        2023 (two thousand twenty three);
      2. Pelimpahan wewenang kepada Dewan Komisaris              2.   Delegation of authority to the Board of
         untuk menetapkan:                                            Commissioners to determine:
         a. Gaji dan tunjangan lainnya bagi anggota Direksi           a. Salary and other benefits for members of the
             untuk tahun buku 2023 (dua ribu dua puluh                    Board of Directors for the financial year 2023
             tiga); dan                                                   (two thousand twenty-three); and
         b. Honorarium dan/atau tunjangan lainnya bagi                b. Honorarium and/or other benefits for members
             anggota Dewan Pengawas Syariah untuk tahun                   of the Sharia Supervisory Board for the financial
             buku 2023 (dua ribu dua puluh tiga).                         year 2023 (two thousand twenty-three).
      3. Penunjukan Akuntan Publik dan Kantor Akuntan            3.   Appointment of a Public Accountant and Public
         Publik yang akan mengaudit laporan keuangan                  Accounting Firm to audit the Company's financial
         Perseroan tahun buku 2023 (dua ribu dua puluh                statements for the financial year 2023 (two
         tiga) dan penetapan honorarium maupun                        thousand twenty-three) and determination of
         persyaratan lainnya yang berkenaan dengan                    honorarium and other requirements related to
         penunjukan tersebut;                                         the appointment; and of the appointment;
      4. Persetujuan pemberhentian dan pengangkatan              4.   Approval of the dismissal and reappointment of
         kembali Direksi dan Dewan Komisaris Perseroan;               the Board of Directors and the Board of
                                                                      Commissioners. of the Company;
      5. Memutuskan hal-hal yang dianggap perlu dalam            5.   Deciding matters deemed necessary in the
         Perseroan.                                                   Company.

      Berikut keputusan dan realisasi RUPS Luar Biasa tahun      Below are the resolutions and realization of the
      2023:                                                      Extraordinary GMS 2023:


                                     Keputusan                                               Realisasi
        No.
                                     Resolutions                                            Realization

       1.     Menyetujui pelimpahan wewenang kepada Presiden               Telah    dilaksanakan   seluruhnya   dimana
              Komisaris untuk menetapkan honorarium dan/atau               Pemegang Saham menyetujui pelimpahan
              tunjangan lainnya bagi anggota Dewan Komisaris               wewenang kepada Presiden Komisaris untuk
              untuk tahun buku 2023 (dua ribu dua puluh tiga);             menetapkan honorarium dan/atau tunjangan
              dengan memperhatikan usul dan rekomendasi dari               lainnya bagi anggota Dewan Komisaris untuk
              Komite Nominasi dan Remunerasi Perseroan. Besarnya           tahun buku 2023.
              honorarium dan/atau tunjangan lainnya bagi anggota           Has been fully implemented where the
              Dewan Komisaris dimaksud akan dicantumkan dalam              Shareholders approved the delegation of
              laporan tahunan Perseroan tahun buku 2023 (dua ribu dua      authority to the President Commissioner to
              puluh tiga).                                                 determine honorarium and/or other benefits
              Approved the delegation of authority to the President        for members of the Board of Commissioners for
              Commissioner to determine honorarium and/or other            the fiscal year 2023.
              benefits for members of the Board of Commissioners for the
              financial year 2023 (two thousand twenty-three); taking
              into account the proposals and recommendations of the
              Company’s Nomination and Remuneration Committee.
              The amount of honorarium and/or other benefits for
              members of the Board of Commissioners will be included
              in the Company’s annual report for the financial year 2023
              (two thousand twenty-three).




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                              Keputusan                                               Realisasi
 No.
                              Resolutions                                            Realization

2.     a. Menyetujui pelimpahan wewenang kepada Dewan               a. Telah dilaksanakan seluruhnya dimana
          Komisaris untuk menetapkan besar gaji dan/atau               Pemegang Saham menyetujui pelimpahan
          tunjangan lainnya bagi anggota Direksi untuk                 wewenang kepada Presiden Komisaris
          tahun buku 2023 (dua ribu dua puluh tiga); dengan            untuk menetapkan honorarium dan/atau
          memperhatikan usul dan rekomendasi dari Komite               tunjangan lainnya bagi anggota Direksi
          Nominasi dan Remunerasi Perseroan. Besarnya gaji             untuk tahun buku 2023.
          dan tunjangan lainnya bagi anggota Direksi dimaksud       b. Telah dilaksanakan seluruhnya dimana
          akan dicantumkan dalam laporan tahunan Perseroan             Pemegang Saham menyetujui pelimpahan
          tahun buku 2023 (dua ribu dua puluh tiga); dan               wewenang kepada Presiden Komisaris
       b. Menyetujui pelimpahan wewenang kepada Dewan                  untuk menetapkan honorarium dan/atau
          Komisaris untuk menetapkan besar gaji dan/atau               tunjangan lainnya bagi anggota Dewan
          tunjangan lainnya bagi anggota Dewan Pengawas                Pengawas Syariah untuk tahun buku 2023.
          Syariah untuk tahun buku 2023 (dua ribu dua puluh         a. Has been fully implemented where the
          tiga); dengan memperhatikan usul dan rekomendasi             Shareholders approved the delegation of
          dari Komite Nominasi dan Remunerasi Perseroan.               authority to the President Commissioner to
          Besarnya gaji dan tunjangan lainnya bagi anggota             determine honorarium and/or other benefits
          Dewan Pengawas Syariah dimaksud akan dicantumkan             for members of the Board of Directors for
          dalam laporan tahunan Perseroan tahun buku 2023              the fiscal year 2023.
          (dua ribu dua puluh tiga).                                b. Has been fully implemented where the
       a. Approved the delegation of authority to the Board of         Shareholders approved the delegation of
          Commissioners to determine the amount of salary              authority to the President Commissioner to
          and/or other benefits for members of the Board of            determine honorarium and/or other benefits
          Directors for the financial year 2023 (two thousand          for members of the Sharia Supervisory
          twenty-three); taking into account the proposals and         Board for the fiscal year 2023.
          recommendations of the Company’s Nomination and
          Remuneration Committee. The amount of salary and
          other benefits for members of the Board of Directors
          will be included in the Company’s annual report for the
          financial year 2023 (two thousand twenty-three); and
       b. Approved the delegation of authority to the Board of
          Commissioners to determine the amount of salary
          and/or other benefits for members of the Sharia
          Supervisory Board for the financial year 2023 (two
          thousand twenty-three); taking into account the
          proposals and recommendations of the Nomination
          and Remuneration Committee of the Company. The
          amount of salary and other benefits for members of
          the Sharia Supervisory Board will be included in the
          Company’s annual report for the financial year 2023
          (two thousand twenty-three).




                                                                                                                    171
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                                   Keputusan                                              Realisasi
       No.
                                   Resolutions                                           Realization

      3.     a. Menyetujui untuk menunjuk Kantor Akuntan Publik         a. Telah dilaksanakan seluruhnya dimana
                “Purwantono, Sungkoro & Surja” (member of Ernst            Pemegang Saham menunjuk saudara
                & Young) sebagai Kantor Akuntan Publik untuk               Kantor    Akuntan     Publik    “Purwantono,
                mengaudit laporan keuangan Perseroan tahun buku            Sungkoro & Surja” (member of Ernst &
                2023 (dua ribu dua puluh tiga).                            Young) sebagai Akuntan Publik dan Kantor
             a. Menyetujui pelimpahan wewenang kepada Dewan                Akuntan Publik untuk mengaudit laporan
                Komisaris Perseroan untuk menetapkan besarnya              keuangan tahun buku 2023.
                honorarium sehubungan dengan Kantor Akuntan             b. Telah     dilaksanakan      seluruhnya    di
                Publik tersebut dengan syarat-syarat yang dianggap         mana Pemegang Saham menyetujui
                baik.                                                      pelimpahan wewenang kepada Dewan
             b. Memberikan kuasa kepada Dewan Komisaris dan                Komisaris Perseroan untuk menetapkan
                Direksi Perseroan untuk melakukan segala sesuatu           besaran honorarium sehubungan dengan
                berkenaan dengan penunjukan Akuntan Publik dan/            penunjukkan Kantor Akuntan Publik tersebut.
                atau Kantor Akuntan Publik, termasuk menunjuk           c. Telah dilaksanakan seluruhnya di mana
                penggantinya, dalam hal Kantor Akuntan Publik              Pemegang Saham memberikan kuasa
                “Purwantono, Sungkoro & Surja” karena sebab apapun         kepada Dewan Komisaris dan Direksi
                tidak dapat menyelesaikan audit Laporan Keuangan           Perseroan untuk melakukan segala sesuatu
                Perseroan tahun buku 2023 (dua ribu dua puluh tiga).       berkenaan dengan penunjukan Kantor
             a. Approved to appoint Public Accounting Firm                 Akuntan Publik, termasuk menunjuk Akuntan
                “Purwantono, Sungkoro & Surja” (member of Ernst            Publik dan/atau Kantor Akuntan Publik
                & Young) as the Public Accounting Firm to audit the        Pengganti, dalam hal Kantor Akuntan Publik
                Company’s financial statements for the fiscal year         “Purwantono, Sungkoro & Surja” karena
                2023 (two thousand twenty-three).                          sebab apapun tidak dapat menyelesaikan
             b. Approved the delegation of authority to the Company’s      audit laporan keuangan untuk tahun buku
                Board of Commissioners to determine the amount of          2023.
                honorarium in connection with the Public Accounting     a. It has been fully implemented where the
                Firm with conditions that are considered good.             Shareholders appointed Public Accounting
             c. To authorize the Board of Commissioners and the            Firm “Purwantono, Sungkoro & Surja”
                Board of Directors of the Company to do everything         (member of Ernst & Young) as Public
                related to the appointment of the Public Accountant        Accountants and the Public Accounting
                and/or Public Accounting Firm, including appointing a      Firm to audit the financial statements for
                replacement, in the event that the Public Accounting       the 2023 financial year.
                Firm “Purwantono, Sungkoro & Surja” for any reason      b. It has been fully implemented where
                cannot complete the audit of the Company’s Financial       the Shareholders agreed to delegation
                Statements for the financial year 2023 (two thousand       of authority to the Company’s Board of
                twenty-three).                                             Commissioners to determine the amount
                                                                           of honorarium in connection with the
                                                                           appointment of the Public Accounting Firm.
                                                                        c. It has been fully implemented where the
                                                                           Shareholders give power of attorney to the
                                                                           Board of Commissioners and Directors of
                                                                           the Company to do everything related to the
                                                                           appointment of a Public Accounting Firm,
                                                                           including appointing a Public Accountant
                                                                           and/or Substitute Public Accounting Firm,
                                                                           in the case of the Public Accounting Firm
                                                                           “Purwantono, Sungkoro & Surja” because for
                                                                           any reason unable to complete the audit of
                                                                           financial statements for the 2023 financial
                                                                           year.

      4.     a. Memberhentikan dengan hormat seluruh anggota a. Telah             dilaksanakan      sepenuhnya
                Direksi dan Dewan Komisaris Perseroan sehubungan       pemberhentian dengan hormat seluruh
                dengan telah berakhirnya masa jabatan mereka           anggota Direksi dan Dewan Komisaris
                dengan disertai ucapan terima kasih yang sebesar-      Perseroan sehubungan dengan telah
                besarnya atas sumbangan pemikiran, kerja keras dan     berakhirnya masa jabatan mereka;
                jasa-jasanya untuk kemajuan Perseroan;              b. Telah      dilaksanakan      sepenuhnya
             b. Menyetujui untuk mengangkat kembali Direksi            pengangkatan kembali Direksi dan Dewan
                dan Dewan Komisaris Perseroan yang akan efektif        Komisaris Perseroan yang efektif menjabat
                menjabat setelah disetujuinya oleh Rapat ini dengan    setelah Rapat ini.
                perincian sebagai berikut:




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                                Keputusan                                              Realisasi
 No.
                                Resolutions                                           Realization

4.        Susunan Direksi Perseroan:                           a. The Company has fully dismissed all
          - Presiden Direktur : Tuan ALEXANDER;                   members of the Board of Directors and
          - Direktur : Tuan MIKI EFFENDI LIM;                     Board of Commissioners of the Company in
          - Direktur : Tuan ARIEF SOERENDRO, Sarjana Sosial       connection with the expiration of their term
          Berlaku 3 (tiga) tahun dan akan berakhir pada           of office;
          penutupan RUPST Perseroan untuk tahun buku 2025 b. The re-appointment of the Company’s Board
          (dua ribu dua puluh lima) yang akan dilaksanakan        of Directors and Board of Commissioners
          pada tahun 2026 (dua ribu dua puluh enam);              effective after this Meeting has been fully
                                                                  implemented.
          Susunan Dewan Komisaris Perseroan:
          - Presiden Komisaris (Independen): Tuan DESWANDHY
              AGUSMAN;
              Berlaku 1 (satu) tahun dan akan berakhir pada
              penutupan RUPST Perseroan untuk tahun buku 2023
              (dua ribu dua puluh tiga) yang akan dilaksanakan
              pada tahun 2024 (dua ribu dua puluh empat);
          - Komisaris : Tuan STEFFANO RIDWAN;
              Berlaku 3 (tiga) tahun dan akan berakhir pada
              penutupan RUPST Perseroan untuk tahun buku 2025
              (dua ribu dua puluh lima) yang akan dilaksanakan
              pada tahun 2026 (dua ribu dua puluh enam).

       a. To respectfully dismiss all members of the Company’s
          Board of Directors and Board of Commissioners in
          connection with the expiry of their term of office
          along with sincere gratitude for their contribution of
          thoughts, hard work and services for the progress of
          the Company;
       b. Approved to reappoint the Board of Directors and
          Board of Commissioners of the Company which will
          be effective after the approval of this Meeting with the
          following details:
          Composition of the Company’s Board of Directors:
          - President Director : Mr. ALEXANDER;
          - Director : Mr. MIKI EFFENDI LIM;
          - Director : Mr. ARIEF SOERENDRO, Sarjana Sosial
          Valid for 3 (three) years, and will expire at the closing of
          the AGMS of the Company for the financial year 2025
          (two thousand twenty five) which will be held in 2026
          (two thousand twenty six);

          Composition of the Company’s Board of Commissioners:
          - President     Commissioner      (Independent):     Mr.
            DESWANDHY AGUSMAN;
            Valid for 1 (one) year, and will expire at the closing
            of the AGMS of the Company for the financial year
            2023 (two thousand twenty three) which will be
            held in 2024 (two thousand twenty four);
          - Commissioner : Mr. STEFFANO RIDWAN;
            Valid for 3 (three) years, and will expire at the
            closing of the Company’s AGMS for the financial
            year 2025 (two thousand twenty five) which will be
            held in 2026 (two thousand twenty six).

5.     Keputusan tersebut berlaku sejak ditutupnya Rapat ini.         Telah dilaksanakan seluruhnya.
       The resolution is effective as of the closing of this Meeting. Fully implemented.



Seluruh keputusan RUPS Tahunan 2023 dan RUPS Luar              All resolutions of the 2023 Annual GMS and 2023
Biasa 2023 telah sepenuhnya dilaksanakan pada                  Extraordinary GMS have been fully implemented in
tahun 2023.                                                    2023.




                                                                                                                  173
Page 174
      Dewan Komisaris
      The Board of Commissioners


      Dewan Komisaris merupakan salah satu organ                  The Board of Commissioners is one of the Company's
      Perseroan yang memiliki tugas dan tanggung jawab            organs that has duties and responsibilities as stipulated
      sebagaimana diatur dalam Undang-Undang No. 40               in Law No. 40 Year 2007 on Limited Liability Companies.
      Tahun 2007 tentang Perseroan Terbatas. Peran utama          The main role of the Board of Commissioners is to
      Dewan Komisaris adalah melaksanakan pengawasan              carry out general and specific supervision in
      secara umum maupun khusus sesuai dengan                     accordance with the Company's Articles of Association
      Anggaran Dasar Perseroan serta memberikan nasihat           and to provide advice to the Board of Directors.
      kepada Direksi. Namun, Dewan Komisaris tidak terlibat       However, the Board of Commissioners is not involved
      dalam pengambilan keputusan operasional, melainkan          in operational decision-making, but rather focuses
      fokus pada pengawasan untuk memastikan                      on supervision to ensure the achievement of objectives
      pencapaian tujuan yang sejalan dengan Anggaran              in line with the Articles of Association and prevailing
      Dasar dan ketentuan peraturan perundang-undangan            laws and regulations.
      yang berlaku.

      Selain itu, Dewan Komisaris juga bertanggung jawab          In addition, the Board of Commissioners is also
      untuk mengawal penerapan prinsip-prinsip GCG di             responsible for overseeing the implementation of
      seluruh kegiatan bisnis Perseroan. Hal ini dilakukan        GCG principles throughout the Company's business
      guna memastikan bahwa setiap proses dan kebijakan           activities. This is done to ensure that every process
      yang dijalankan sesuai dengan standar etika,                and policy carried out is in accordance with ethical
      transparansi, dan integritas di seluruh level organisasi.   standards, transparency and integrity at all levels of
                                                                  the organization.



      Landasan Hukum                                              Legal Basis

      Dalam menjalankan fungsinya, Dewan Komisaris                In carrying out its functions, the Board of Commissioners
      mengacu pada peraturan berikut:                             refers to the following rules:
      1. Undang-Undang No.40 Tahun 2007 tentang                   1. Law No.40 of 2007 concerning Limited Liability
         Perseroan Terbatas.                                          Companies.
      2. Peraturan OJK No.33/POJK.04/ 2014 tentang Direksi        2. FSA Regulation No.33/POJK.04/2014 concerning
         dan Dewan Komisaris Emiten atau Perusahaan                   Board of Directors and Board of Commissioners
         Publik.                                                      of Issuers or Public Companies.
      3. Peraturan Otoritas Jasa Keuangan No. 30/                 3. Financial Services Authority Regulation No. 30/
         POJK.05/2014 serta perubahannya Peraturan                    POJK.05/2014 and its amendment Financial Services
         Otoritas Jasa Keuangan No. 29/POJK.05/2020                   Authority Regulation No. 29/POJK.05/2020 regarding
         tentang Tata Kelola Perusahaan yang Baik bagi                Good Corporate Governance for Financing
         Perusahaan Pembiayaan sebagaimana peraturan                  Companies as the regulation has been revoked
         tersebut telah dicabut dan digantikan dengan                 and replaced by Financial Services Authority
         Peraturan Otoritas Jasa Keuangan No. 48 Tahun                Regulation No. 48 of 2024 regarding Good
         2024 tentang Tata Kelola yang Baik bagi Lembaga              Governance for Financing Institutions, Venture
         Pembiayaan, Perusahaan Modal Ventura, Lembaga                Capital Companies, Microfinance Institutions, and
         Keuangan Mikro, dan Lembaga Jasa Keuangan                    Other Financial Services Institutions.
         Lainnya.
      4. Peraturan OJK No.27/POJK.03/2016 Tentang Penilaian       4. FSA Regulation No.27/POJK.03/2016 Concerning
         Kemampuan dan Kepatutan bagi Pihak Utama                    Fit and Proper Test for Primary Parties of Financial
         Lembaga Jasa Keuangan.                                      Services Institutions.




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                                                                                   Tata Kelola Perusahaan
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5. Peraturan OJK Nomor 34/POJK.03/2018 tentang          5. FSA Regulation No. 34/POJK.03/2018 concerning
   Evaluasi Kembali Pihak Utama Lembaga Jasa                Re-evaluation of Main Parties of Financial Services
   Keuangan.                                                Institutions.
6. Peraturan Otoritas Jasa Keuangan No.10/              6. Financial Services Authority Regulation No.10/
   POJK.05/2019 tentang Penyelenggaraan Usaha               POJK.05/2019 concerning Business Conduct of
   Perusahaan Pembiayaan Syariah dan Unit Usaha             Sharia Financing Companies and Sharia Business
   Syariah Perusahaan Pembiayaan.                           Units of Financing Companies.
7. Peraturan OJK Nomor 47/POJK.05/2020 tentang          7. OJK Regulation Number 47/POJK.05/2020
   Perizinan Usaha dan Kelembagaan Perusahaan               concerning Business and Institutional Licensing
   Pembiayaan dan Perusahaan Pembiayaan Syariah.            of Financing Companies and Sharia Financing
                                                            Companies.
8. Peraturan OJK Nomor 14/POJK.03/2021 tentang          8. OJK Regulation Number 14/POJK.03/2021 concerning
   Perubahan atas Peraturan Otoritas Jasa Keuangan          Amendments to Financial Services Authority
   Nomor 34/POJK.03/2018 tentang Penilaian Kembali          Regulation Number 34/POJK.03/2018 Concerning
   bagi Pihak Utama Lembaga Jasa Keuangan.                  Revaluation of Main Parties in Financial Services
                                                            Institutions.
9. Peraturan Otoritas Jasa Keuangan Nomor 46            9. Financial Services Authority Regulation No. 46 of
    Tahun 2024 tentang Pengembangan dan Penguatan           2024 on the Development and Strengthening of
    Perusahaan Pembiayaan, Perusahaan Pembiayaan            Financing Companies, Infrastructure Financing
    Infrastruktur, dan Perusahaan Modal Ventura.            Companies, and Venture Capital Companies.
10. Anggaran Dasar Perseroan.                           10. The Company’s Articles of Association.

Anggaran Dasar Perseroan yang mengatur tata kerja       The Articles of Association of the Company regulating
Dewan Komisaris mencakup persyaratan, komposisi,        the work procedures of the Board of Commissioners
hak dan wewenang, fungsi, tugas dan kewajiban, gaji     covers the requirements, composition, rights and
dan fasilitas, waktu kerja dan rapat Dewan Komisaris,   authorities, functions, duties and obligations, salaries
serta hubungan kerja antara Dewan Komisaris dan         and facilities, working hours and meetings of the
Direksi.                                                Board of Commissioners, as well as the working
                                                        relationship between the Board of Commissioners
                                                        and the Board of Directors.



Tugas, Tanggung Jawab dan Wewenang                      Duties, Responsibilities, and Authorities
Dewan Komisaris                                         of the Board of Commissioners

Berdasarkan Anggaran Dasar Perseroan, tugas dan         Based on the Articles of Association of the Company,
tanggung jawab Dewan Komisaris diuraikan sebagai        duties and responsibilities of the Board of
berikut:                                                Commissioners are described as follows:
1. Memantau kinerja dan memberikan nasihat kepada       1. To monitor the performance and give advice to
   Direksi dalam melaksanakan kegiatan usaha               the Board of Directors in carrying out the business
   Perseroan;                                              activity of the Company;
2. Meninjau pelaksanaan rencana Perseroan dan           2. To review the implementation of the Company’s
   rencana kerja;                                          plan and work plan;
3. Mengawasi dan mengevaluasi kinerja Direksi;          3. To supervise and evaluate the performance of
                                                           the Board of Directors;
4. Menelaah pembangunan dan pemanfaatan                 4. To analyse the development and utilization of
   teknologi informasi;                                    information technology;




                                                                                                                   175
Page 176
      5. Memantau implementasi manajemen risiko;             5. To monitor the implementation of risk management;
      6. Memantau efektivitas penerapan GCG; dan             6. To monitor the effectiveness of GCG application;
                                                                and
      7. Mengawasi kepatuhan Perseroan terhadap              7. To supervise the Company’s compliance with the
         perundang-undangan yang berlaku.                       applicable law.

      Wewenang Dewan Komisaris meliputi:                     The authority of the Board of Commissioners include:
      1. Meninjau seluruh dokumen seperti pembukuan,         1. To review all documents such as book keeping,
         surat, dan lainnya guna melaksanakan verifikasi        letters, and others to implement verification
         terkait informasi di dalamnya serta memiliki hak       regarding the information in it, and to have the
         untuk mengetahui seluruh keputusan dan tindakan        right to know all decisions and actions taken by
         yang diambil oleh Direksi;                             the Board of Directors;
      2. Bertanya kepada Direksi tentang seluruh hal yang    2. To ask the Board of Directors about everything
         berkaitan dengan Perseroan; dan                        that is related to the Company; and
      3. Memberhentikan sementara anggota Direksi            3. To temporarily dismiss members of the Board of
         disertai dengan alasannya, memutuskan status           Directors and stating the reason, revoke the status
         anggota Direksi tersebut, dan menunjuk                 of the member of the Board of Directors, and
         penggantinya dalam hal pemberhentian                   appoint a successor in the event of a temporary
         sementara.                                             dismissal.



      Penilaian Uji Kemampuan dan                            Fit-and-Proper Test of the Board of
      Kepatutan Dewan Komisaris                              Commissioners

      Seluruh anggota Dewan Komisaris Perseroan diwajibkan   All members of the Board of Commissioners are
      untuk memenuhi seluruh persyaratan dan telah lulus     required to fulfill all requirements and have passed
      penilaian kemampuan dan kepatutan bagi pihak           Fit-and-Proper Test for the main party as specified
      utama sebagaimana yang ditentukan dalam Peraturan      in the Regulation of the Financial Services Authority
      Otoritas Jasa Keuangan No. 27/POJK.03/2016 tentang     No. 27/POJK.03/2016 on the Fit-and-Proper Test for
      Penilaian Kemampuan dan Kepatutan bagi Pihak           the Main Party.
      Utama.



      Komposisi Dewan Komisaris                              Composition of the Board of Commissioners

      Pada tahun 2024, Dewan Komisaris Perseroan saat        In 2024, the Company's Board of Commissioners
      ini berjumlah 3 orang, yang terdiri 1 orang Presiden   currently consists of 3 people, that comprises of 1
      Komisaris, 1 orang Komisaris, dan 1 orang Komisaris    President Commissioner, 1 Commissioner, and 1
      Independen.                                            Independent Commissioner.

      Informasi terkait komposisi keanggotaan Dewan          Information regarding the membership composition
      Komisaris, periode dan dasar pengangkatan              of the Board of Commissioners, term of office and
      ditunjukkan sebagai berikut:                           basis of appointment is shown as follows:




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                                                                                         Tata Kelola Perusahaan
                                                                                       Good Corporate Governance




        Nama                        Jabatan                        Dasar Pengangkatan                       Periode
        Name                        Position                    Legal Basis of Appointment                  Period

                           Presiden Komisaris           Akta No. 101 tanggal 21 Maret 2024.
 Budhi Dyah Sitawati                                                                                      2024-2025
                           President Commissioner       Deed Number 101 dated March 21, 2024.

                           Komisaris                    Akta No. 264 tanggal 30 Maret 2023.
 Steffano Ridwan                                                                                          2023-2025
                           Commissioner                 Deed No.264 dated March 30, 2023.

                           Komisaris Independen         Akta No. 101 tanggal 21 Maret 2024.
 Herwan Ng                                                                                                2024-2025
                           Independent Commissioner     Deed Number 101 dated March 21, 2024.




Keberagaman Komposisi Dewan                                  Diversity in the Composition of the Board
Komisaris                                                    of Commissioners

Dewan Komisaris Perseroan saat ini telah mencerminkan        The current Board of Commissioners of the Company
keberagaman komposisi, baik dalam hal pendidikan,            has reflected the diversity in their composition, both
pengalaman kerja, dan usia sebagaimana yang                  in terms of education, work experience, and age, as
ditunjukkan sebagai berikut:                                 shown as follows:


  Keberagaman                                                                                Komposisi Dewan
    Komposisi                                       Uraian                                   Komisaris telah
    Diversity of                                  Description                                memenuhi unsur
   Composition                                                                               keberagaman, yaitu
                                                                                             perpaduan dari sisi
 Pendidikan            Latar belakang pendidikan Dewan Komisaris beragam, mulai dari
                                                                                             pendidikan, pengalaman
 Education             lulusan S1 hingga S2, dengan kompetensi di bidang Keuangan,
                                                                                             kerja, dan usia.
                       Akuntansi, Administrasi Bisnis, dan Ekonomi.
                                                                                             The Composition of the
                       The educational background of the Board of Commissioners is
                                                                                             Board of Commissioners
                       diverse, starting from S1 to S2, with a competence in Finance,
                                                                                             has met an element
                       Accounting, Business Administration, and Economics.
                                                                                             of diversity, namely an
 Pengalaman            Anggota Dewan Komisaris memiliki pengalaman di berbagai               integration of education,
 Kerja                 bidang, seperti perpajakan, perbankan, keuangan, akuntansi,           work experience, and
 Work Experience       pembiayaan, manajemen, audit, dan manajemen risiko.                   age.
                       Members of the Board of Commissioners have experience in various
                       fields, such as taxation, banking, finance, accounting, financing,
                       management, audit, and risk management.
 Usia                  Rata-rata usia Dewan Komisaris berada pada usia yang
 Age                   memungkinkan seseorang untuk terus bekerja dan berkarya, yaitu
                       antara 51-65 tahun.
                       The average age of the Board of Commissioners is one that allows
                       someone to continue to work, that is between 51-65 years old.
 Jenis Kelamin         Perseroan memiliki 1 orang Presiden Komisaris perempuan dan 2
 Gender                orang Komisaris laki-laki.
                       The Company has 1 female President Commissioner and 2 male
                       Commissioners.


Pedoman dan Tata Tertib Kerja Dewan                          Charter of the Board of Commissioners
Komisaris

Dewan Komisaris Perseroan telah memiliki Pedoman             The Board of Commissioners of the Company has
Kepengurusan Direksi dan Dewan Komisaris yang                already have a Management Guidelines for the Board
telah diperbaharui dan berlaku sejak tanggal 23              of Directors and the Board of Commissioners that
November 2023, sehingga dalam menjalankan                    has been updated and effective since November 23,
tugasnya seluruh anggota Dewan Komisaris harus               2023, so in carrying out their duties all members of
mengacu pada pedoman tersebut.                               the Board of Commissioners must refer to these
                                                             guidelines.


                                                                                                                         177
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      Komisaris Independen                                        Independent Commissioner

      Berdasarkan Peraturan Otoritas Jasa Keuangan No.            Based on Financial Services Authority Regulation No.
      30/POJK.05/2014 serta perubahannya Peraturan                30/POJK.05/2014 and its amendment Financial Services
      Otoritas Jasa Keuangan No. 29/POJK.05/2020 tentang          Authority Regulation No. 29/POJK.05/2020 regarding
      Tata Kelola Perusahaan yang Baik bagi Perusahaan            Good Corporate Governance for Financing Companies
      Pembiayaan sebagaimana peraturan tersebut telah             as the regulation has been revoked and replaced by
      dicabut dan digantikan dengan Peraturan Otoritas            Financial Services Authority Regulation No. 48 of 2024
      Jasa Keuangan No. 48 Tahun 2024 tentang Tata Kelola         regarding Good Governance for Financing Institutions,
      yang Baik bagi Lembaga Pembiayaan, Perusahaan               Venture Capital Companies, Microfinance Institutions,
      Modal Ventura, Lembaga Keuangan Mikro, dan                  and Other Financial Services Institutions, the Company
      Lembaga Jasa Keuangan Lainnya, Perseroan wajib              is required to have at least 1 Independent Commissioner,
      memiliki paling sedikit 1 orang Komisaris Independen        currently held by Herwan Ng.
      yang saat ini dijabat oleh Herwan Ng.

      Berikut aspek independensi yang telah dipenuhi oleh         The following is the independence aspect that has
      Komisaris Independen:                                       been fulfilled by the Independent Commissioner:


                                             Aspek Independensi
                                                                                                           Herwan Ng
                                            Independence Aspect

       Tidak memiliki hubungan keuangan dengan Dewan Komisaris dan Direksi.
                                                                                                                v
       Does not have any financial relation with the Board of Commissioners and Board of Directors.

       Tidak memiliki hubungan kepengurusan di perusahaan, entitas anak, maupun perusahaan
       afiliasi.
                                                                                                                v
       Does not have any management relation in the company, subsidiary, as well as affiliated
       company.

       Tidak memiliki hubungan kepemilikan saham di perusahaan.
                                                                                                                v
       Does not have share-ownership relations in the company.

       Tidak memiliki hubungan keluarga dengan Dewan Komisaris, Direksi, dan/atau sesama anggota
       Komite Audit.
                                                                                                                v
       Does not have family relations with the Board of Commissioners, Board of Directors, and/or
       fellow members of the Audit Committee.

       Tidak menjabat sebagai pengurus partai politik, pejabat, dan pemerintah.
                                                                                                                v
       Does not serve as a political party administrator, officer, and government.




      Hubungan Afiliasi Dewan Komisaris                           Affiliate Relations of the Board of
                                                                  Commissioners

      Hubungan afiliasi antara anggota Dewan Komisaris            The affiliate relations between a member of the Board
      dengan anggota Dewan Komisaris lainnya, Direksi,            of Commissioners and other member of the Board
      Dewan Pengawas Syariah, dan Pemegang Saham                  of Commissioners, Board of Directors, Board of Sharia
      dan/atau Pemegang Saham Pengendali dapat dilihat            Supervisors, and Shareholders and/or Controlling
      pada tabel berikut:                                         Shareholders can be seen in the following table:




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                                                                                                                Tata Kelola Perusahaan
                                                                                                              Good Corporate Governance




                                                     Hubungan Keuangan, Keluarga, dan Kepengurusan Dewan Komisaris
                                                   Financial, Family, Management Relations of the Board of Commissioners


                                    Hubungan Keuangan dengan                                 Hubungan Keluarga dengan
                                       Financial Relation with                                  Family Relation with
 Nama      Jabatan
 Name      Position                                                                                                                         Hubungan
                                                     Dewan                                                  Dewan                         Kepengurusan
                                                                  Pemegang                                                  Pemegang
                                                   Pengawas                         Dewan                 Pengawas                        Management
                        Dewan Komisaris Direksi                     Saham                      Direksi                        Saham
                                                    Syariah                       Komisaris                Syariah                          Relations
                           Board of     Board of                  Pengendali                  Board of                      Pengendali
                                                    Board of                       Board of                Board of
                         Commissioners Directors                  Controlling                 Directors                     Controlling
                                                     Sharia                     Commissioners               Sharia
                                                                 Shareholders                                              Shareholders
                                                   Supervisor                                             Supervisor

Budhi    Presiden
Dyah     Komisaris
Sitawati President            -            -           -              -               -           -            -                -               -
         Commissioner

Steffano Komisaris                                                                                                                        Presiden
Ridwan Commissioner                                                                                                                       Direktur pada
                                                                                                                                          Pemegang
                                                                                                                                          Saham
                              -            -           -              -               -           -            -                -         Pengendali
                                                                                                                                          President
                                                                                                                                          Director of
                                                                                                                                          Controlling
                                                                                                                                          Shareholders

Herwan   Komisaris
Ng       Independen
         Independent          -            -           -              -               -           -            -                -               -
         Commissioner




Rangkap Jabatan Dewan Komisaris                                             Concurrent Positions of the Board of
                                                                            Commissioners

Anggota Dewan Komisaris dapat merangkap jabatan                             Member of the Board of Commissioners may hold
di perusahaan atau instansi lainnya dalam ruang                             concurrent positions in the company or other agencies
lingkup yang diperbolehkan dan tidak mempengaruhi                           within a permitted scope that does not affect their
kemampuannya untuk bertindak independen dalam                               ability to act independently in carrying out their duties
menjalankan tugas dan tanggung jawabnya.                                    and responsibilities.

Berikut rangkap jabatan yang dimiliki oleh Dewan                            The followings are concurrent positions of the Board
Komisaris hingga akhir tahun 2024:                                          of Commissioners as of the end of 2024:




                                                                                                                                                          179
Page 180
                                                                                           Nama
                                                                     Jabatan pada
                                                                                        Perusahaan
                                                                      Perusahaan
         Nama           Jabatan         Jabatan di Perseroan                                Lain          Bidang Usaha
                                                                          Lain
         Name           Position       Position in the Company                             Other         Line of Business
                                                                       Position in
                                                                                         Company
                                                                    Other Company
                                                                                           Name

      Budhi Dyah    Presiden       •    Anggota Komite              Ketua Dewan        KSP Mitra        Koperasi Simpan
      Sitawati      Komisaris           Nominasi dan                Penasihat          Dhuafa           Pinjam
                    President           Remunerasi                  Chairman of                         Savings and Loan
                    Commissioner        Member of Nomination        Supervisory                         Cooperative
                                        and Remuneration            Board
                                        Committee
                                   •    Anggota Komite              Komisaris          PT Bangkit       Industri
                                        Pemantau Risiko             Utama              Maju Wisata      Pariwisata
                                        Member of Risk              President                           Tourism Industry
                                        Supervisory Committee       Commissioner


      Steffano      Komisaris      •    Anggota Komite              Presiden           PT Bank          Industri
      Ridwan        Commissioner        Nominasi dan                Direktur           Maybank          Perbankan
                                        Remunerasi                  President          Indonesia Tbk    Banking Industry
                                        Member of Nomination        Director
                                        and Remuneration
                                        Committee
                                   •    Anggota Komite
                                        Pemantau Risiko
                                        Member of Risk
                                        Supervisory Committee

      Herwan Ng     Komisaris      •    Ketua Komite Audit          Komisaris          PT FKS Multi     Industri
                    Independen          Chairperson of Audit        Independen         Agro Tbk         Agrobisnis
                    Independent         Committee                   Independent                         Agrobusiness
                    Commissioner   •    Ketua Komite Nominasi       Commissioner                        Industry
                                        dan Remunerasi
                                        Chairperson of                                 PT Asuransi      Industri Asuransi
                                        Nomination and                                 Bina Dana        Insurance
                                        Remuneration                                   Arta Tbk         Industry
                                        Committee
                                   •    Ketua Komite Pemantau
                                        Risiko
                                        Chairperson of Risk
                                        Supervisory Committee
                                   •    Anggota Komite Tata
                                        Kelola Terintegrasi
                                        Member of Integrated
                                        Governance Committee




      Pelaksanaan Tugas Dewan Komisaris                          Implementation of Duty of the Board of
                                                                 Commissioners

      Sesuai dengan tugas dan fungsinya, kegiatan Dewan          In accordance with its duties and functions, the activities
      Komisaris pada tahun 2024 sebagai berikut:                 of the Board of Commissioners in 2024 are as follows:
      1. Memberikan nasihat kepada Direksi dalam                 1. Providing advices to the Board of Directors regarding
         melakukan kepengurusan Perseroan;                           the management of the Company;
      2. Memeriksa laporan keuangan dan laporan tahunan          2. Examining financial statements and annual reports
         yang telah disiapkan oleh Direksi, serta                    prepared by the Board of Directors, and sign the
         menandatangani laporan tahunan; dan                         annual reports; and




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                                                                                    Tata Kelola Perusahaan
                                                                                  Good Corporate Governance




3. Memberi pendapat terkait hal-hal yang perlu          3. Providing opinions regarding issues that need to
   dilakukan guna efisiensi dan meningkatkan               be addressed for efficiency and to increase the
   produktivitas Perseroan.                                Company's productivity.



Kehadiran Dewan Komisaris Dalam                         Attendance of the Board of
RUPS                                                    Commissioners in GMS

Kehadiran Dewan Komisaris dalam RUPS yang               Attendance of the Board of Commissioners in GMS
diselenggarakan di sepanjang tahun 2024 adalah          held in 2024 is as follows:
sebagai berikut:


      Nama                     Jabatan                 Jumlah RUPS      Jumlah Kehadiran           % Kehadiran
      Name                     Position               Number of GMS       Attendance             % of Attendance

 Deswandhy         Presiden Komisaris (Independen)
 Agusman           President Commissioner                     2                  2                       100%
                   (Independent)

 Steffano Ridwan   Komisaris
                                                              2                  0                        0%
                   Commissioner



Rapat Dewan Komisaris                                   Meetings of the Board of Commissioners

Berdasarkan Peraturan Otoritas Jasa Keuangan Nomor      Based on Financial Services Authority Regulation
48 Tahun 2024 tentang Tata Kelola yang Baik bagi        Number 48 of 2024 concerning Good Governance
Lembaga Pembiayaan, Modal Ventura, Lembaga              for Financing Institutions, Venture Capital, Microfinance
Keuangan Mikro, dan Lembaga Jasa Keuangan Lainnya,      Institutions, and Other Financial Services Institutions,
Rapat Dewan Komisaris wajib diadakan paling sedikit     Board of Commissioners Meetings must be held at
1 kali dalam 3 bulan dan rapat gabungan bersama         least once every 3 months and joint meetings with
dengan Direksi paling sedikit 1 kali dalam 3 bulan.     the Board of Directors at least once every 3 months.

Sepanjang tahun 2024, Dewan Komisaris telah             Throughout 2024, the Board of Commissioners has
menyelenggarakan 4 kali rapat internal dan 4 kali       held 4 internal meetings and 4 joint meetings with
rapat gabungan bersama dengan Direksi.                  the Board of Directors.


                                                       Rapat Dewan Komisaris
                                                                                         Rapat Gabungan
                                                      Board of Commissioners’
                                                                                          Joint Meeting
       Nama                     Jabatan                       Meeting
       Name                     Position
                                                       Jumlah      Kehadiran         Jumlah           Kehadiran
                                                        Total      Attendance         Total           Attendance

 Budhi Dyah Sitawati   Presiden Komisaris
                                                          4              2                4                    2
                       President Commissioner

 Steffano Ridwan       Komisaris
                                                          4              4                4                    4
                       Commissioner

 Herwan Ng             Komisaris Independen
                                                          4              1                4                    1
                       Independent Commissioner




                                                                                                                    181
Page 182
      Sertifikasi Tingkat Dasar di Bidang                         Basic Level Certification in Financing of
      Pembiayaan Dewan Komisaris                                  the Board of Commissioners

      Berdasarkan Peraturan Otoritas Jasa Keuangan No.35/         Based on Financial Services Authority Regulation
      POJK.05/2018 tentang Penyelenggaraan Usaha                  No.35/POJK.05/2018 on the Business Administration
      Perusahaan Pembiayaan, Dewan Komisaris wajib                of the Financing Company, the Board of Commissioners
      memiliki sertifikat tingkat dasar di bidang pembiayaan      must have a basic level certification in financing from
      dari lembaga yang ditunjuk oleh asosiasi.                   an institution appointed by the association.

      Berikut sertifikasi yang telah diterima oleh Dewan          The following is the certification received by the Board
      Komisaris:                                                  of Commissioners:


             Nama                 Jabatan                     Sertifikasi                         Penyelenggara
             Name                 Position                   Certification                          Organizer

       Budhi Dyah Sitawati   Presiden Komisaris   Sertifikasi Manajemen Risiko          Badan Nasional Sertifikasi Profesi
                             President            Risk Management Certification         National Professional Certification
                             Commissioner                                               Agency


                                                  Sertifikasi Dasar Komisaris           Lembaga Sertifikasi Profesi
                                                  Basic Commissioner Certification      Pembiayaan Indonesia
                                                                                        Indonesian Financing Professional
                                                                                        Certification

       Steffano Ridwan       Komisaris            Sertifikasi Dasar Pembiayaan -        Sertifikasi Profesi Pembiayaan
                             Commissioner         Komisaris                             Indonesia
                                                  Funding Basic Certification -         Indonesian Financing Professional
                                                  Commissioner                          Certification

       Herwan Ng             Komisaris            •   Certified Public Accountant,      •   Certified Public Accountant,
                             Independen               Indonesia (2004);                     Indonesia (2004);
                             Independent          •   Certified Internal Auditor, USA   •   Certified Internal Auditor, USA
                             Commissioner             (2006);                               (2006);
                                                  •   Chartered Accountant,             •   Chartered Accountant,
                                                      Indonesia (2013);                     Indonesia (2013);
                                                  •   Fellow of Certified Practicing    •   Fellow of Certified Practicing
                                                      Accountant, Australia (2017);         Accountant, Australia (2017);
                                                  •   Certified Governance Risk         •   Certified Governance Risk
                                                      Compliance Professional, USA          Compliance Professional, USA
                                                      (2021);                               (2021);
                                                  •   Certified Governance Risk         •   Certified Governance Risk
                                                      Compliance Auditor, USA               Compliance Auditor, USA (2021);
                                                      (2021);
                                                  •   ASEAN CPA (2021);                 •   ASEAN CPA (2021);
                                                  •   Fellow of Certified               •   Fellow of Certified Management
                                                      Management Accountant,                Accountant, Australia (2021);
                                                      Australia (2021); dan                 and
                                                  •   Qualified Risk Governance         •   Qualified Risk Governance
                                                      Professional, Indonesia (2022).       Professional, Indonesia (2022).




                Laporan Tahunan
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                                                                                     Tata Kelola Perusahaan
                                                                                   Good Corporate Governance




Kepemilikan Saham Dewan Komisaris                         Share Ownership of the Board of
                                                          Commissioners

Berdasarkan Peraturan Otoritas Jasa Keuangan No.          Based on Financial Services Authority Regulation No.
48 Tahun 2024 tentang Tata Kelola yang Baik bagi          48 of 2024 concerning Good Governance for Financing
Lembaga Pembiayaan, Perusahaan Modal Ventura,             Institutions, Venture Capital Companies, Microfinance
Lembaga Keuangan Mikro, dan Lembaga Jasa                  Institutions, and Other Financial Services Institutions.
Keuangan Lainnya. Dewan Komisaris wajib                   The Board of Commissioners must disclose the
mengungkapkan kepemilikan saham yang mencapai             ownership of shares amounting to 5% or more, both
5% atau lebih, baik pada Perseroan maupun pada            for the Company and other financing companies,
perusahaan pembiayaan lain, yang berkedudukan             that resides in the country and abroad.
di dalam dan di luar negeri.

Dewan Komisaris yang menjabat saat ini tidak memiliki     The current Board of Commissioners does not own
saham pada PT Maybank Indonesia Finance.                  shares in PT Maybank Indonesia Finance.



Pengembangan Kompetensi Dewan                             Competence Development of the Board of
Komisaris                                                 Commissioners

Guna meningkatkan kompetensi dalam mendukung              To improve competence in supporting the
pelaksanaan tugas dan tanggung jawab, anggota             implementation duties and responsibilities, members
Dewan Komisaris telah mengikuti pelatihan dan             of the Board of Commissioners took part in training
pendidikan yang diselenggarakan oleh berbagai             and education held by various institutions.
institusi.

Sepanjang tahun 2024, program pelatihan dan               During 2024, the training program and competence
pengembangan kompetensi yang telah diikuti Dewan          development in which the Board of Commissioners
Komisaris sebagai berikut:                                took part are as follows:


                                                                    Tanggal dan Tempat
          Nama           Jabatan              Pelatihan                  Pelatihan               Penyelenggara
 No.
          Name           Position              Training              Training Date and             Organizer
                                                                           Place

 1.    Budhi Dyah    Presiden         Sertifikasi Dasar           28 Maret 2024 - Jakarta     Lembaga Sertifikasi
       Sitawati      Komisaris        Komisaris                   March 28, 2024 -            Profesi Pembiayaan
                     President                                    Jakarta                     Indonesia (LSPPI)
                     Commissioner                                                             Indonesian
                                                                                              Financing
                                                                                              Professional
                                                                                              Certification
                                                                                              Institute (LSPPI)

                                      Sertifikasi Dasar           28 Maret 2024 - Jakarta     Lembaga Sertifikasi
                                      Komisaris                   March 28, 2024 -            Profesi Pembiayaan
                                                                  Jakarta                     Indonesia (LSPPI)
                                                                                              Indonesian
                                                                                              Financing
                                                                                              Professional
                                                                                              Certification
                                                                                              Institute (LSPPI)




                                                                                                                     183
Page 184
                                                                          Tanggal dan Tempat
                Nama              Jabatan           Pelatihan                  Pelatihan             Penyelenggara
       No.
                Name              Position           Training              Training Date and           Organizer
                                                                                 Place

                                             Training AML CFT dan       12 November 2024 -         PT Bank Maybank
                                             ABC (APU PP)               online                     Indonesia Tbk
                                             AML CFT and ABC (APU       November 12, 2024 -
                                             PPT) Training              online

      2.     Steffano      Komisaris         Training Sertifikasi       29 Januari 2024 - online   Maisa Edukasi
             Ridwan        Commissioner      Manajemen Risiko Direksi   January 29, 2024 -
                                             Jenjang 7                  online
                                             Board of Directors
                                             Risk Management
                                             Certification Training
                                             Level 7
      3.     Herwan Ng     Komisaris         Webinar : Peluang dan      25 April 2024 - online     Otoritas Jasa
                           Independen        Tantangan Open Finance     April 25, 2024 - online    Keuangan (OJK)
                           Independent       di Indonesia                                          Finansial Services
                           Commissioner      Webinar: Opportunities                                Authority (OJK)
                                             and Challenges of Open
                                             Finance in Indonesia

                                             Webinar : How to Prevent   16 Mei 2024 - online       Otoritas Jasa
                                             Greenwashing in            May 16, 2024 - online      Keuangan (OJK)
                                             Sustainable Finance                                   Financial Services
                                             Webinar : How to                                      Authority (OJK)
                                             Prevent Greenwashing in
                                             Sustainable Finance

                                             Training AML CFT dan       12 November 2024 -         PT Bank Maybank
                                             ABC (APU PPT)              online                     Indonesia Tbk
                                             AML CFT and ABC (AML/      November 12, 2024 -
                                             CFT) Training              online




      Penilaian atas Kinerja Dewan Komisaris                    Assessment on the Performance of the
                                                                Board of Commissioners

      Prosedur untuk Penilaian Kinerja                          Procedure for Performance Assessment
      Pelaksanaan evaluasi atas kinerja Dewan Komisaris         Assessment on the Board of Commissioner’s
      dilaporkan kepada Pemegang Saham melalui RUPS.            performance is reported to Shareholders through the
      Penilaian kinerja tersebut ditentukan berdasarkan         GMS. This performance evaluation is determined
      tugas dan kewajiban yang tercantum dalam peraturan        based on task and obligation that is specified in the
      perundang-undangan yang berlaku dan Anggaran              applicable laws and regulations and the Articles of
      Dasar Perseroan maupun amanat Pemegang Saham.             Association of the Company, as well as the Shareholder’s
                                                                mandate.

      Kriteria untuk Penilaian Kinerja                          Criteria for Performance Assessment
      Penilaian kinerja Dewan Komisaris mengacu pada            The assessment on the performance of the Board of
      Pedoman Penilaian Kinerja Dewan Komisaris yang            Commissioner refers to the Guideline for Performance
      menjelaskan bahwa Indikator Kinerja Utama atau            Evaluation of Board of Commissioners, which explains
      Key Performance Indicator (KPI) merupakan target          that Key Performance Indicator (KPI) is a target that
      yang harus dicapai oleh Dewan Komisaris dalam             must be achieved by the Board of Commissioners
      mengawasi kegiatan operasional Perseroan.                 in supervising the operational activities of the
                                                                Company.



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                                                                                    Tata Kelola Perusahaan
                                                                                  Good Corporate Governance




Kriteria penilaian kinerja Dewan Komisaris meliputi:    Criteria for performance evaluation of the Board of
                                                        Commissioner include:
1. Aspek pengawasan dan pengarahan;                     1. Supervision and direction aspect;
2. Aspek pelaporan; dan                                 2. Reporting aspect; and
3. Aspek dinamis (peningkatan kompetensi).              3. Dynamic aspect (competence improvement).

Pihak yang Melakukan Penilaian                          The Party Conducting the Assessment
Pelaksanaan penilaian Dewan Komisaris pada tahun        The assessment of the Board of Commissioners in
2024 dilaksanakan secara penilaian sendiri.             2024 was conducted by self- assessment.

Penilaian atas Kinerja GCG Dewan Komisaris              Assessment on the Board of Commissioners’ GCG
                                                        Performance
Penilaian kinerja bagi Dewan Komisaris dilakukan        The assessment on the performance of the Board of
dengan mempertimbangkan juga hasil penilaian            Commissioners is carried out by taking into account
sendiri atas kinerja GCG Perseroan.                     the results of the self-assessment of the Company's
                                                        GCG performance.

Adapun penilaian GCG Dewan Komisaris meliputi           The assessment on the Board of Commissioners’
aspek-aspek berikut:                                    GCG performance includes the following aspects:
1. Menyelenggarakan program pelatihan secara            1. Organizing training programs continuously;
   berkesinambungan;
2. Melaksanakan pembagian tugas, tanggung jawab,        2. Carrying out the clear division of duties,
   dan wewenang dengan jelas, serta menentukan             responsibilities, and authority, and determine the
   faktor-faktor yang dibutuhkan dalam mendukung           factors that are needed to support the
   pelaksanaan tugas Dewan Komisaris;                      implementation of the Board of Commissioners’
                                                           duties;
3. Berperan dalam pencalonan anggota Direksi untuk      3. Taking role in nominating members of the Board
   mengevaluasi kinerja Direksi, baik individu maupun      of Directors to evaluate the performance of the
   kolegial, dan mengusulkan insentif kinerja sesuai       Board of Directors, individually as well as collegial,
   dengan ketentuan yang berlaku dan                       and to propose performance incentive in
   mempertimbangkan kinerja Direksi;                       accordance with applicable provisions and taking
                                                           into consideration the performance of the Board
                                                           of Directors;
4. Melaksanakan tindakan terkait potensi benturan       4. Taking action related to the potential conflict of
   kepentingan yang menyangkut dirinya;                    interest related to the Board of Directors itself;
5. Mengawasi dan memastikan bahwa pelaksanaan           5. Supervising and ensuring that good corporate
   tata kelola perusahaan yang baik telah diterapkan       governance has been applied effectively and
   dengan efektif dan berkesinambungan;                    continuously;

6. Mengadakan rapat Dewan Komisaris yang efektif        6. Holding effective Board of Commissioners’ meetings
   dan menghadiri rapat sesuai dengan peraturan            and attending the meetings in accordance with
   perundang-undangan yang berlaku; dan                    the applicable laws and regulations; and
7. Memiliki organ pendukung Dewan Komisaris yang        7. Having effective supporting organ of the Board
   efektif.                                                of Commissioners.




                                                                                                                    185
Page 186
      Hasil Penilaian Kinerja Dewan Komisaris                  Results of the Board of Commissioners
                                                               Performance Assessment
      Hasil penilaian kinerja yang dilakukan Dewan Komisaris   The results of the performance assessment conducted
      Perseroan untuk tahun 2024 menunjukkan bahwa             by the Company’s Board of Commissioners for 2024
      pemenuhan tugas dan tanggung jawab telah dilakukan       show that the fulfillment of duties and responsibilities
      dengan baik, sesuai dengan peraturan yang berlaku.       has been carried out properly, in accordance with
      Hal tersebut dibuktikan dari hasil penilaian kinerja     applicable regulations. This is evidenced by the results
      Dewan Komisaris yang memperoleh predikat sangat          of the performance appraisal of the Board of
      baik.                                                    Commissioners which achieved very good predicate.

      Penilaian Terhadap Organ Pendukung Dewan                 Assessment of the Supporting Organs of the
      Komisaris                                                Board of Commissioners
      Dewan Komisaris secara berkala melakukan penilaian       The Board of Commissioners periodically evaluates
      atas efektivitas kinerja Komite Audit, Komite Nominasi   the performance of the Audit Committee, the
      dan Remunerasi, dan Komite Pemantau Risiko sebagai       Nomination and Remuneration Committee, and the
      organ pendukung Dewan Komisaris dalam menjalankan        Risk Monitoring Committee as supporting organs for
      fungsi pengawasan. Pada tahun 2024, hasil penilaian      the Board of Commissioners in carrying out its
      sendiri pelaksanaan tugas dan tanggung jawab             supervisory function. In 2024, the results of self-
      Komite Audit, Komite Nominasi dan Remunerasi, serta      assessment of the implementation of the duties and
      Komite Pemantau Risiko yang memperoleh predikat          responsibilities of the Audit Committee, the Nomination
      sangat baik.                                             and Remuneration Committee, and the Risk Monitoring
                                                               Committee achieved very good predicate.

      Sedangkan, untuk hasil penilaian kinerja Dewan           Meanwhile, the results of the performance assessment
      Pengawas Syariah memperoleh predikat sangat              of the Sharia Supervisory Board obtained a very good
      baik.                                                    predicate.



      Mekanisme Pengunduran Diri Dewan                         The Resignation Mechanism of the Board
      Komisaris                                                of Commissioners

      Berdasarkan Anggaran Dasar Perseroan, anggota            Based on the Articles of Association of the Company,
      Dewan Komisaris berhak mengundurkan diri dari            members of the Board of Commissioners may resign
      jabatannya dengan memberitahukan secara tertulis         from their positions by notifying the Company in
      kepada Perseroan paling kurang 90 hari sebelum           writing at least 90 days prior to the date of resignation.
      tanggal pengunduran diri. Selanjutnya, dalam jangka      Furthermore, within 90 days of receipt of the request
      90 hari sejak diterimanya permohonan pengunduran         for resignation, a GMS must be convened to fill the
      diri harus diselenggarakan RUPS untuk mengisinya         vacant position of the Board of Commissioners with
      kembali posisi Dewan Komisaris yang kosong dengan        due observance of the laws and regulations and the
      memperhatikan peraturan perundang-undangan               Company's Articles of Association.
      dan Anggaran Dasar Perseroan.




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Rencana Kerja Dewan Komisaris Tahun                    Work Plan of the Board of Commissioners
2025                                                   in 2025

Berdasarkan prediksi terhadap pertumbuhan ekonomi      Based on predictions of economic growth and the
dan kemungkinan-kemungkinan yang dapat terjadi         possibilities that might occur in 2025, the Board of
di 2025, maka Dewan Komisaris telah menyusun           Commissioners has prepared a number of work plans
sejumlah rencana kerja yang mencakup antara lain:      which include:
1. Melakukan pengawasan dalam rangka kinerja           1. Supervise the performance of the Board of Directors
   Direksi baik guna meningkatkan produktivitas           in order to increase the productivity of financing
   penyaluran pembiayaan dan perbaikan pada               distribution and improve the quality of credit
   kualitas aset kredit.                                  assets.
2. Mengoptimalkan peningkatan kinerja penjualan        2. Optimizing the increase in sales performance in
   pemberian fasilitas kredit dengan cara memberikan      providing credit facilities by providing support to
   dukungan kepada Direksi dalam hal pengoptimalan        the Board of Directors in optimizing digital media.
   media digital.



Program Orientasi bagi Anggota Dewan                   Orientation Program for the Members of
Komisaris                                              the Board of Commissioners

Perseroan menyediakan program orientasi bagi           The Company provides orientation program for new
anggota baru Dewan Komisaris, yang ditujukan untuk     members of the Board of Commissioners, aimed at
memberikan pengetahuan mengenai kondisi                providing knowledge about the condition of the
perusahaan secara umum, untuk saling mengenal          Company in general, getting to know each other and
satu sama lain dan bekerja sama sebagai satu tim       working together as a solid, comprehensive and
yang solid, komprehensif, serta efektif dalam          effective team in carrying out the functions of the
menjalankan fungsi-fungsi Dewan Komisaris.             Board of Commissioners.

Orientasi bagi anggota baru Dewan Komisaris            Orientation for new members of the Board of
dilaksanakan dalam rapat Dewan Komisaris yang          Commissioners is carried out at the Board of
pertama kali dihadiri oleh anggota baru tersebut.      Commissioners meeting which is attended for the
                                                       first time by the new members.

Pada tahun 2024 terdapat program orientasi yang        In 2024, there were orientation program taken to new
dilakukan kepada anggota Dewan Komisaris baru          members of the Board of Commissioners on March
pada 25 Maret 2024.                                    25, 2024.




                                                                                                                187
Page 188
      Direksi
      The Board of Directors


      Direksi adalah organ Perseroan yang memiliki            The Board of Directors is an organ of the Company
      kewenangan dan tanggung jawab penuh dalam               that has full authority and responsibility in managing
      mengelola Perseroan sesuai dengan ketentuan             the Company in accordance with the provisions of
      Undang-Undang No. 40 Tahun 2007 tentang Perseroan       Law No. 40 of 2007 concerning Limited Liability
      Terbatas. Direksi bertugas menjalankan kegiatan         Companies. The Board of Directors is tasked with
      usaha Perseroan demi kepentingan dan pencapaian         running the Company's business activities for the
      tujuan Perseroan, serta mewakili Perseroan baik dalam   benefit and achievement of the Company's objectives,
      urusan hukum di dalam maupun di luar pengadilan,        as well as representing the Company both in legal
      dengan tetap mengacu pada anggaran dasar dan            matters inside and outside the court, while still referring
      peraturan yang berlaku.                                 to the articles of association and applicable regulations.

      Direksi senantiasa menjalankan tugasnya dengan          The Board of Directors always carries out its duties
      itikad baik, penuh tanggung jawab, dan berpegang        in good faith, with full responsibility, and adhering to
      pada prinsip kehati-hatian. Pengelolaan Perseroan       the principle of prudence. The management of the
      merupakan tanggung jawab bersama seluruh anggota        Company is the joint responsibility of all members
      Direksi, meskipun terdapat pembagian tugas dan          of the Board of Directors, although there is a structured
      wewenang yang terstruktur di antara masing-masing       division of duties and authority among each member
      anggota untuk memastikan efisiensi dan efektivitas      to ensure efficiency and effectiveness in decision
      dalam pengambilan keputusan dan operasional             making and the Company's operations.
      Perseroan.



      Landasan Hukum                                          Legal Basis

      Dalam menjalankan fungsinya, Direksi mengacu pada       In carrying out its functions, the Board of Directors
      peraturan berikut:                                      refers to the following rules:
      1. Undang-Undang No.40 Tahun 2007 tentang               1. Law No.40 of 2007 concerning Limited Liability
         Perseroan Terbatas.                                      Companies.
      2. Peraturan Otoritas Jasa Keuangan No. 30/             2. Financial Services Authority Regulation No. 30/
         POJK.05/2014 serta perubahannya Peraturan                POJK.05/2014 and its amendment Financial Services
         Otoritas Jasa Keuangan No. 29/POJK.05/2020               Authority Regulation No. 29/POJK.05/2020 regarding
         tentang Tata Kelola Perusahaan yang Baik bagi            Good Corporate Governance for Financing
         Perusahaan Pembiayaan sebagaimana peraturan              Companies as the regulation has been revoked
         tersebut telah dicabut dan digantikan dengan             and replaced by Financial Services Authority
         Peraturan Otoritas Jasa Keuangan No. 48 Tahun            Regulation No. 48 of 2024 regarding Good
         2024 tentang Tata Kelola yang Baik bagi Lembaga          Governance for Financing Institutions, Venture
         Pembiayaan, Perusahaan Modal Ventura, Lembaga            Capital Companies, Microfinance Institutions, and
         Keuangan Mikro, dan Lembaga Jasa Keuangan                Other Financial Services Institutions.
         Lainnya.
      3. Peraturan OJK Nomor 34/POJK.03/2018 tentang          3. FSA Regulation No. 34/POJK.03/2018 concerning
         Evaluasi Kembali Pihak Utama Lembaga Jasa               Re-evaluation of Main Parties of Financial Services
         Keuangan.                                               Institutions.
      4. Peraturan OJK No.27/POJK.03/2016 tentang Penilaian   4. FSA Regulation No.27/POJK.03/2016 Concerning
         Kemampuan dan Kepatutan bagi Pihak Utama                Fit and Proper Test for Primary Parties of Financial
         Lembaga Jasa Keuangan.                                  Services Institutions.
      5. Peraturan OJK No.33/POJK.04/ 2014 tentang Direksi    5. FSA Regulation No.33/POJK.04/2014 concerning
         dan Dewan Komisaris Emiten atau Perusahaan              Board of Directors and Board of Commissioners
         Publik.                                                 of Issuers or Public Companies.



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6. Peraturan Otoritas Jasa Keuangan Nomor 46               6. Financial Services Authority Regulation No. 46 of
   Tahun 2024 tentang Pengembangan dan Penguatan              2024 on the Development and Strengthening of
   Perusahaan Pembiayaan, Perusahaan Pembiayaan               Financing Companies, Infrastructure Financing
   Infrastruktur, dan Perusahaan Modal Ventura.               Companies, and Venture Capital Companies.
7. Anggaran Dasar Perseroan.                               7. The Company’s Articles of Association.



Pedoman dan Tata Tertib Kerja Direksi                      Charter of the Board of Directors

Anggaran Dasar Perseroan mengatur tata kerja Direksi       The Company's Articles of Association regulate the
yang meliputi persyaratan, komposisi, hak dan              working procedures of the Board of Directors which
wewenang, fungsi, tugas dan kewajiban, gaji dan            include requirements, composition, rights and
fasilitas, waktu kerja dan rapat Direksi, serta hubungan   authorities, functions, duties and obligations, salaries
kerja antara Dewan Komisaris dan Direksi. Selain itu,      and facilities, working hours and meetings of the
Direksi juga telah memiliki Pedoman Kerja yang telah       Board of Directors, as well as the working relationship
diperbaharui dan berlaku efektif sejak 23 November         between the Board of Commissioners and the Board
2023, yang antara lain mengatur tentang:                   of Directors. In addition, the Board of Directors also
                                                           has an updated Charter that has been effective since
                                                           November 23, 2023, which among others regulates:
1. Organisasi                                              1. Organization
2. Tata Cara Pengangkatan Dewan Komisaris dan              2. Procedure for Appointment of Board of
   Direksi                                                    Commissioners and Board of Directors
3. Tugas dan Tanggung Jawab Dewan Komisaris                3. Duties and Responsibilities of Board of
   dan Direksi                                                Commissioners and Board of Directors
4. Independensi                                            4. Independence
5. Rapat Direksi, Rapat Direksi dan Dewan Komisaris,       5. Board of Directors Meetings, Board of Directors &
   dan Rapat Internal Dewan Komisaris                         Board of Commissioners Meetings and Board of
                                                              Commissioners Internal Meetings;
6. Benturan Kepentingan                                    6. Conflict of Interest
7. Transparansi                                            7. Transparency




Tugas, Tanggung Jawab dan Wewenang                         Duties, Responsibilities, and Authorities
Direksi                                                    of the Board of Directors

Berdasarkan Anggaran Dasar Perseroan, tugas dan            Based on the Articles of Association of the Company,
tanggung jawab Direksi diuraikan sebagai berikut:          duties and responsibilities of the Board of Directors
                                                           are described as follows:
1. Memimpin dan mengurus Perseroan sesuai dengan           1. Leading and managing the Company in accordance
   kepentingan dan tujuan Perseroan;                          with the interest and objective of the Company;
2. Menentukan misi dan tujuan Perseroan;                   2. Determining the mission and objective of the
                                                              Company;
3. Melaksanakan manajemen risiko;                          3. Implementing risk management;
4. Menindaklanjuti temuan auditor internal dan             4. Following up the findings of internal and external
   eksternal, serta melaporkannya kepada Dewan                auditors, and report it to the Board of Commissioners;
   Komisaris;




                                                                                                                       189
Page 190
      5. Melakukan pelaporan terkait informasi yang relevan    5. Preparing a report related to relevant information
         kepada Dewan Komisaris mencakup suksesi/                 to the Board of Commissioners that includes
         mutasi/promosi manajer kunci (senior), program           succession/mutation/ promotion of key managers
         pengembangan SDM, pertanggungjawaban                     (senior), HRD development program, responsibility
         manajemen risiko, dan kinerja pemanfaatan                of risk management, and performance of
         teknologi informasi;                                     information technology utilization;
      6. Menyelenggarakan RUPS; dan                            6. Organizing GMS; and
      7. Memperhatikan kepentingan para pemangku               7. Observing the interest of stakeholders based on
         kepentingan berdasarkan nilai-nilai etika dan            ethical values and the applicable laws and
         peraturan perundang-undangan yang berlaku.               regulations.

      Direksi memiliki wewenang sebagai berikut:               The authority of the Board of Directors includes:
      1. Mewakili Perseroan di dalam dan di luar Pengadilan,   1. Representing the Company inside and outside
         serta menjalankan seluruh tindakan terkait               the Court, and undertake all actions related to
         kepengurusan maupun kepemilikan;                         management and ownership;
      2. Melakukan perbuatan hukum untuk mengalihkan,          2. Undertake legal actions to transfer, to waive the
         melepaskan hak, atau menjadikan jaminan utang            right, or to turn all or more than 50% of the total
         seluruh atau lebih dari 50% jumlah kekayaan bersih       net assets of the Company into a debt guarantee
         Perseroan sesuai dengan yang dinyatakan dalam            as stated in the Company’s last statement of
         laporan posisi keuangan Perseroan terakhir yang          financial position that is ratified by the GMS;
         disahkan oleh RUPS;
      3. 2 orang Direktur atas nama Direksi berhak untuk       3. 2 Directors has the right to represent the Company
         mewakili Perseroan; dan                                  on behalf of the Board of Directors; and
      4. Dalam hal tertentu, Direksi berhak untuk mengangkat   4. In certain cases, the Board of Directors has the
         seorang atau lebih untuk dijadikan sebagai wakil         right to appoint one person or more to serve as
         atas kuasa yang dimilikinya dengan memberikan            a representative of its power, by granting power
         kekuasaan sebagaimana diatur dalam surat                 as stipulated in the power of attorney.
         kuasa.



      Tindakan-tindakan Direksi yang harus mendapat            The following are the Board of Director’s actions that
      persetujuan dari Dewan Komisaris antara lain:            are subject to approval from the Board of
                                                               Commissioners:
      1. Meminjam atau meminjamkan uang atas nama              1. Borrowing and lending money on behalf of the
         Perseroan (tidak termasuk mengambil uang                 Company (not including withdrawing Company’s
         Perseroan di Bank);                                      money from the bank);
      2. Mendirikan suatu usaha baru atau turut serta          2. Establishing a new business or participating in
         dalam perusahaan lain, baik di dalam ataupun             another company, in the country or abroad; and
         di luar negeri; dan
      3. Membeli, menjual, membebankan, atau dengan            3. Purchasing, selling, impose upon, or in another
         cara lain mendapatkan atau melepaskan hak                way obtain or waive the right to immovable assets,
         atas barang-barang tidak bergerak, termasuk              including immovable building and the rights over
         bangunan-bangunan tidak bergerak dan hak-hak             the Company’s land, as long as it does not include
         atas tanah Perseroan, sepanjang tidak termasuk           deeds required by the applicable law.
         perbuatan-perbuatan yang disyaratkan oleh
         perundang-undangan yang berlaku.




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Ruang Lingkup Pekerjaan dan Tanggung                       Scope of Work and Responsibilities of
Jawab Masing-Masing Anggota Direksi                        Each Member of the Board of Directors

Berdasarkan Pedoman Kerja Direksi, pembagian tugas         Based on the Board of Directors’ Work Guidelines, the
masing- masing Direksi dilaksanakan bertujuan untuk        distribution of duties of each Director is carried out
memastikan agar fungsi pengelolaan Perseroan lebih         with the aim of ensuring that the Company’s
efektif dan efisien. Pembagian tugas Direksi ditunjukkan   management functions are more effective and
sebagai berikut:                                           efficient. The distribution of duties of the Board of
                                                           Directors is shown as follows:


         Nama             Ruang Lingkup Pekerjaan                     Tugas dan Tanggung Jawab
         Name                 Scope of Work                            Duties and Responsibilities

 Alexander               Presiden Direktur            Mengkoordinasikan pengelolaan Perseroan.
                         President Director           Coordinating the management of the Company.

 Miki Effendi Lim        Direktur Pemasaran           Memimpin dan memberi arahan penyusunan serta
                         Marketing Director           merumuskan kebijakan dan strategi, pemutakhiran, dan
                                                      sosialisasi di bidang pemasaran.
                                                      Leading and directing the preparation, and formulating
                                                      policies and strategies, updating, and socializing in the field
                                                      of marketing.

 Arief Soerendro         Direktur Operasional         Memimpin dan mengarahkan penyusunan serta perumusan
                         Operational Director         kebijakan dan strategi, keuangan, sistem informasi,
                                                      penagihan dan hukum, pemutakhiran, dan sosialisasi di
                                                      bidang operasional Perseroan.
                                                      Leading and directing the preparation, and formulating
                                                      policies and strategies, finance, information systems, billing
                                                      and law, updating, and socializing in the Company’s field of
                                                      operations.




Uji Kemampuan dan Kepatutan Direksi                        Fit-and-Proper Test of the Board of
                                                           Directors

Seluruh anggota Direksi Perseroan diwajibkan untuk         All members of the Board of Directors of the Company
memenuhi seluruh persyaratan dan telah lulus               are required to fulfill all requirements and must have
penilaian kemampuan dan kepatutan bagi pihak               passed the Fit-and-Proper Test for the main party
utama sebagaimana yang ditentukan dalam Peraturan          as specified in the Financial Services Authority
Otoritas Jasa Keuangan No.27/POJK.05/2016 tentang          Regulation No.27/POJK.05/2016 on Fit-and-Proper
Penilaian Kemampuan dan Kepatutan bagi Pihak               Test for the Main Party. The followings are results of
Utama. Berikut penilaian kemampuan dan kepatutan           the Board of Director’s fit-and- proper test.
yang dimiliki Direksi.




                                                                                                                        191
Page 192
                                           Tanggal Lulus Uji Kemampuan dan
          Nama              Jabatan                   Kepatutan                   Pelaksana         Hasil    Tanggal Efektif
          Name              Position       Passing Date of the Fit-and-Proper     Organizer         Result    Effective Date
                                                          Test

       Alexander          Presiden        11 September 2014 berdasarkan          Otoritas Jasa    Lulus      11 September
                          Direktur        Keputusan Dewan Komisioner             Keuangan         Passed     2014
                          President       Otoritas Jasa Keuangan No. KEP-        Financial                   September 11,
                          Director        2261/NB.1/2014                         Services                    2014
                                          September 11, 2014 based on            Authority
                                          the Decision of the Board of
                                          Commissioners of the Financial
                                          Services Authority No. KEP- 2261/
                                          NB.1/2014

       Miki Effendi       Direktur        20 Oktober 2010 berdasarkan            Kementrian       Lulus      20 Oktober 2010
       Lim                Director        Keputusan Ketua Badan Pengawas         Keuangan         Passed     October 20,
                                          Pasar Modal dan Lembaga                Republik                    2010
                                          Keuangan No. KEP-457/ BL/2010          Indonesia
                                          October 20, 2010 based on the          Ministry of
                                          Decision of the Chairperson of the     Finance of the
                                          Capital Market Supervisory Agency      Republic of
                                          Regulation No. KEP-457/BL/2010         Indonesia

       Arief              Direktur        18 April 2017 berdasarkan Keputusan    Otoritas Jasa    Lulus      18 April 2017
       Soerendro          Director        Dewan Komisioner Otoritas Jasa         Keuangan         Passed     April 18, 2017
                                          Keuangan No. KEP-181/NB.11/2017        Financial
                                          April 18, 2017 based on the Decision   Services
                                          of the Board of Commissioners of       Authority
                                          the Financial Services Authority No.
                                          KEP-181/ NB.11/2017




      Komposisi Direksi                                               Composition of the Board of Directors

      Pada tahun 2024, Direksi Perseroan berjumlah 3 orang,           In 2024, the Board of Directors of the Company
      yang terdiri 1 orang Presiden Direktur dan 2 orang              consisted of 3 persons, comprising 1 President Director
      anggota Direktur dengan masa jabatan 3 tahun.                   and 2 Director members with a term of office of 3
      Informasi terkait komposisi keanggotaan Direksi,                years. Information on the composition of the Board
      periode dan dasar pengangkatannya ditunjukkan                   of Directors membership, term of office and basis of
      sebagai berikut:                                                appointment is shown as follows:


              Nama                     Jabatan                      Dasar Pengangkatan                         Periode
              Name                     Position                  Legal Basis of Appointment                    Period

       Alexander               Presiden Direktur      Akta No. 264 tanggal 30 Maret 2023.
                                                                                                             2023-2025
                               President Director     Deed No. 264, dated March 30, 2023.

       Miki Effendi Lim        Direktur               Akta No. 264 tanggal 30 Maret 2023.
                                                                                                             2023-2025
                               Director               Deed No. 264, dated March 30, 2023.

       Arief Soerendro         Direktur               Akta No. 264 tanggal 30 Maret 2023.
                                                                                                             2023-2025
                               Director               Deed No. 264, dated March 30, 2023.




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Keberagaman Komposisi Direksi                           Diversity in the Composition of the Board
                                                        of Directors

Perseroan belum memiliki kebijakan yang mengatur        The Company does not have a policy that regulates
tentang keberagaman komposisi Direksi. Meski            diversity in the composition of the Board of Directors.
demikian, komposisi Direksi telah memenuhi unsur        However, the composition of the Board of Directors
keberagaman yang terdiri dari berbagai latar            has met an element of diversity that consists of a
pendidikan, pengalaman kerja, usia, dan gender yang     variety of educational, work experience, age, and
ditunjukkan sebagai berikut:                            gender background that is shown as follows:


  Keberagaman Komposisi                          Uraian                         Komposisi Direksi telah
  Diversity of Composition                     Description                      memenuhi unsur keberagaman,
                                                                                yaitu perpaduan dari sisi
 Pendidikan                  Latar belakang pendidikan Direksi beragam,         pendidikan, pengalaman kerja,
 Education                   mulai dari lulusan S1 hingga S3, dengan            dan usia.
                             kompetensi di ekonomi pemasaran, manajemen         The Composition of the Board of
                             keuangan, manajemen strategis, dan sosial          Directors has met an element of
                             politik.                                           diversity, namely an integration
                             The educational background of the Board            of education, work experience,
                             of Directors is diverse, starting from S1 to S3    and age.
                             graduates, with competence in marketing
                             economics, financial management, strategic
                             management, and social politics.

 Pengalaman Kerja            Anggota Direksi memiliki pengalaman di
 Work Experience             berbagai bidang, seperti perbankan, keuangan,
                             akuntansi, pemasaran, pembiayaan, dan
                             manajemen.
                             Members of the Board of Directors have
                             experience in various fields, such as banking,
                             finance, accounting, marketing, financing, and
                             management.

 Usia                        Rata-rata usia Direksi berada pada usia yang
 Age                         memungkinkan seseorang untuk terus bekerja
                             dan berkarya, yaitu antara 47-55 tahun.
                             The average age of the Board of Directors is one
                             that allows someone to continue to work, that is
                             between 47-55 years old.

 Jenis Kelamin               Seluruh Direksi yang sedang menjabat
 Gender                      berjenis kelamin pria. Namun, tidak menutup
                             kemungkinan bahwa ke depannya Perseroan
                             mengangkat anggota Direksi berjenis kelamin
                             wanita.
                             All incumbent members of the Board of Directors
                             are males. However, it is not impossible that in
                             the future the Company will appoint females as
                             members of the Board of Directors.




Hubungan Afiliasi Direksi                               Affiliate Relations of the Board of Directors

Hubungan afiliasi antara anggota Direksi dengan         The affiliate relations between a member of the Board
anggota Direksi lainnya, Dewan Komisaris, Dewan         of Directors and other member of the Board of Directors,
Pengawas Syariah, dan Pemegang Saham dan/atau           Board of Commissioners, Board of Sharia Supervisors,
Pemegang Saham Pengendali dapat dilihat pada            and Shareholders and/or Controlling Shareholders
tabel berikut:                                          can be seen in the following table:




                                                                                                                   193
Page 194
                                                               Hubungan Keuangan, Keluarga, dan Kepengurusan Dewan Komisaris
                                                             Financial, Family, Management Relations of the Board of Commissioners


                                          Hubungan Keuangan dengan                                   Hubungan Keluarga dengan
                                             Financial Relation with                                    Family Relation with
         Nama       Jabatan
         Name       Position                                                                                                                       Hubungan
                                                              Dewan                                                    Dewan                     Kepengurusan
                                                                          Pemegang                                                 Pemegang
                                   Dewan                    Pengawas                                                 Pengawas                    Management
                                                Direksi                     Saham     Dewan Komisaris Direksi                        Saham
                                 Komisaris                   Syariah                                                  Syariah                      Relations
                                               Board of                   Pengendali     Board of     Board of                     Pengendali
                                  Board of                   Board of                                                 Board of
                                               Directors                  Controlling  Commissioners Directors                     Controlling
                               Commissioners                  Sharia                                                   Sharia
                                                                         Shareholders                                             Shareholders
                                                            Supervisor                                               Supervisor

      Alexander   Presiden           -             -             -             -               -             -           -             -              -
                  Direktur
                  President
                  Director

      Miki Effendi Direktur          -             -             -             -               -             -           -             -              -
      Lim          Director

      Arief       Direktur           -             -             -             -               -             -           -             -              -
      Soerendro   Director




      Rangkap Jabatan Direksi                                                       Concurrent Positions of the Board of
                                                                                    Directors

      Berdasarkan Peraturan Otoritas Jasa Keuangan No.                              Based on Financial Services Authority Regulation No.
      48/2024 tentang Tata Kelola yang Baik bagi Lembaga                            48 of 2024 concerning Good Governance for Financing
      Pembiayaan, Perusahaan Modal Ventura, Lembaga                                 Institutions, Venture Capital Companies, Microfinance
      Keuangan Mikro, dan Lembaga Jasa Keuangan Lainnya.                            Institutions, and Other Financial Services Institutions.
      Anggota Direksi Perseroan dilarang melakukan rangkap                          Members of the Board of Directors of the Company
      jabatan sebagai Direksi pada perusahaan lain, kecuali                         are prohibited from holding a position at the Board
      sebagai anggota Dewan Komisaris paling banyak                                 of Directors of another company, except as member
      pada 2 perusahaan lain.                                                       of the Board of Commissioners in at most 2 other
                                                                                    companies.

      Pada tahun 2024, seluruh Direksi yang sedang                                  In 2024, all incumbent members of the Board of
      menjabat tidak merangkap jabatan di perusahaan                                Directors did not hold concurrent positions in any
      manapun.                                                                      other company.


                                                            Jabatan pada             Jabatan pada                     Nama
             Nama                   Jabatan                   Perseroan             Perusahaan Lain              Perusahaan Lain            Bidang Usaha
             Name                   Position                Position in the         Position in Other            Other Company             Line of Business
                                                              Company                  Company                        Name

       Alexander               Presiden Direktur           Tidak ada               Tidak ada                 Tidak ada                 Tidak ada
                               President                   None                    None                      None                      None
                               Director

       Miki Effendi Lim        Direktur                    Tidak ada               Tidak ada                 Tidak ada                 Tidak ada
                               Director                    None                    None                      None                      None

       Arief Soerendro         Direktur                    Tidak ada               Tidak ada                 Tidak ada                 Tidak ada
                               Director                    None                    None                      None                      None




                  Laporan Tahunan
194   2024        Annual Report
Page 195
                                                                                          Tata Kelola Perusahaan
                                                                                        Good Corporate Governance




Pelaksanaan Tugas Direksi                                  Implementation of Duty of the Board of
                                                           Directors

Sepanjang tahun 2024, Direksi telah menjalankan            Throughout 2024, the Board of Directors has conducted
seluruh tugas dan tanggung jawabnya untuk                  all of their duties and responsibilities well in managing
mengelola Perseroan dengan baik, sesuai dengan             the Company as mandated by Shareholders and
amanat Pemegang Saham dan Anggaran Dasar                   Articles of Association of Company.
Perseroan.



Kehadiran Direksi dalam RUPS                               Attendance of the Board of Directors in
                                                           GMS

Kehadiran Direksi dalam RUPS yang diselenggarakan          Attendance of the Board of Directors in GMS held in
di sepanjang tahun 2024 adalah sebagai berikut:            2024 is as follows:


             Nama                   Jumlah RUPS                  Jumlah Kehadiran                  % Kehadiran
             Name                  Number of GMS                   Attendance                    % of Attendance

 Alexander                                 2                            2                                100%

 Miki Effendi Lim                          2                            2                                100%

 Arief Soerendro                           2                            2                                100%



Rapat Direksi                                              Meetings of the Board of Directors

Berdasarkan Anggaran Dasar Perseroan, Direksi wajib        Based on the Articles of Association of the Company,
mengadakan rapat internal paling sedikit 1 kali dalam      the Board of Directors is required to hold internal
1 bulan dan rapat gabungan dengan Dewan Komisaris          meetings at least 1 time in 1 month and joint meetings
paling sedikit 1 kali dalam 4 bulan.                       with the Board of Commissioners at least 1 time in 4
                                                           months.

Sepanjang tahun 2024, Direksi telah menyelenggarakan       Throughout 2024, the Board of Directors held 12 internal
12 kali rapat internal Direksi dan 4 kali rapat gabungan   meetings of the Board of Directors and 4 joint meetings
dengan Dewan Komisaris. Informasi mengenai                 with the Board of Commissioners. Information about
frekuensi kehadiran dalam rapat ditunjukkan sebagai        frequency of attendance in the meetings is shown
berikut:                                                   as follows:


                                          Rapat Direksi                                 Rapat Gabungan
                                    Board of Directors’ Meeting                          Joint Meeting
             Nama
             Name
                                   Jumlah              Kehadiran              Jumlah                    Kehadiran
                                    Total              Attendance              Total                    Attendance

 Alexander                            12                    12                      4                           4

 Miki Effendi Lim                     12                    12                      4                           4

 Arief Soerendro                      12                   12                       4                           4




                                                                                                                       195
Page 196
      Sertifikasi Tingkat Dasar di Bidang                          Basic Level Certification in Financing of
      Pembiayaan Direksi                                           the Board of Directors

      Direksi wajib memiliki sertifikat tingkat dasar di bidang    The Board of Directors is required to have a basic
      pembiayaan dari lembaga yang ditunjuk oleh asosiasi.         level certification in financing from institutions
      Hal tersebut berdasarkan Peraturan Otoritas Jasa             appointed by the association. This is based on the
      Keuangan No.35/POJK.05/2018 tentang                          Regulation of the Financial Services Authority No.35/
      Penyelenggaraan Usaha Perusahaan Pembiayaan.                 POJK.05/2018 on the Implementation of the Business
      Berikut sertifikasi yang telah dimiliki oleh Direksi:        of Financing Companies. The following are certifications
                                                                   received by the Board of Directors:


             Nama              Jabatan                    Sertifikasi                        Penyelenggara
             Name              Position                  Certification                         Organizer

       Alexander           Presiden Direktur    Sertifikasi Ahli Pembiayaan      Sertifikasi Profesi Pembiayaan Indonesia
                           President Director   Financing Expert Certification   Indonesian Financing Professional
                                                                                 Certification

       Miki Effendi Lim    Direktur             Sertifikasi Ahli Pembiayaan      Sertifikasi Profesi Pembiayaan Indonesia
                           Director             Financing Expert Certification   Indonesian Financing Professional
                                                                                 Certification

       Arief Soerendro     Direktur             Sertifikasi Ahli Pembiayaan      Sertifikasi Profesi Pembiayaan Indonesia
                           Director             Financing Expert Certification   Indonesian Financing Professional
                                                                                 Certification




      Kepemilikan Saham Direksi                                    Share Ownership of the Board of Directors

      Berdasarkan Peraturan Otoritas Jasa Keuangan No.             Based on Financial Services Authority Regulation No.
      48/2024 tentang Tata Kelola yang Baik bagi Lembaga           10/POJK.05/2019 concerning the Implementation of
      Pembiayaan, Perusahaan Modal Ventura, Lembaga                Sharia Financing Company Business and Sharia
      Keuangan Mikro, dan Lembaga Jasa Keuangan Lainnya,           Business Units of Financing Companies and Regulation
      Direksi wajib mengungkapkan kepemilikan saham                No. 48/2024 concerning Good Governance for
      yang mencapai 5% atau lebih, baik pada Perseroan             Financing Institutions, Venture Capital Companies,
      maupun pada perusahaan pembiayaan lain, yang                 Microfinance Institutions, and Other Financial Services
      berkedudukan di dalam dan di luar negeri.                    Institutions, the Board of Directors is required to
                                                                   disclose ownership of shares amounting to 5% or
                                                                   more, both at the Company and at other financing
                                                                   companies that resides in the country and abroad.

      Berikut informasi terkait kepemilikan saham Direksi:         The following is information on the share ownership
                                                                   of the Board of Directors:




                 Laporan Tahunan
196   2024       Annual Report
Page 197
                                                                                             Tata Kelola Perusahaan
                                                                                           Good Corporate Governance




                                                                       Kepemilikan Saham
                                                                        Share Ownership
          Nama             Jabatan
                                                               Perusahaan           Lembaga Jasa              Perusahaan
          Name             Position           Maybank
                                                            Pembiayaan Lain           Keuangan                    Lain
                                              Indonesia
                                                             Other Financing      Financial Services             Other
                                               Finance
                                                                Company               Institution              Company

                      Presiden Direktur
 Alexander                                        -                    -                     -                         -
                      President Director

                      Direktur
 Miki Effendi Lim                                 -                    -                     -                         -
                      Director

                      Direktur
 Arief Soerendro                                  -                    -                     -                         -
                      Director



Pengembangan Kompetensi Direksi                                 Competence Development of the Board of
                                                                Directors
Setiap anggota Direksi terus meningkatkan                       Each member of the Board of Directors continues to
kompetensinya guna mendukung pelaksanaan tugas                  improve their competence to support the implementation
dan tanggung jawabnya. Pengembangan kompetensi                  of their duties and responsibilities. This competence
ini dapat berupa keikutsertaan dalam seminar atau               development can be in the form of participation in
pelatihan terkait dengan bidang usaha yang dijalani.            seminars or training related to the field of business.

Kegiatan pengembangan kompetensi masing-masing                  The competence development program for each
anggota Direksi yang diikuti dalam tahun 2024 dapat             member of the Board of Directors in 2024 can be
dilihat pada tabel berikut:                                     seen in the following table:


                                                                  Tanggal dan Tempat
            Nama        Jabatan             Pelatihan                   Training                    Penyelenggara
     No
            Name        Position             Training              Training Date and                  Organizer
                                                                         Place

 1        Alexander    Presiden       1. Webinar :               1. 11 Januari 2024 dan     1. OJK (Otoritas Jasa
                       Direktur          Connecting The Dots        Online                     Keuangan)
                       President      2. Webinar Peran           2. 15 Februari 2024 dan    2. OJK (Otoritas Jasa
                       Director          UU P2SK dalam              Online                     Keuangan)
                                         Memberikan Efek
                                         Jera bagi Pelaku
                                         Jasa Keuangan
                                         Ilegal
                                      3. Webinar Outlook         3. 22 Februari 2024 dan    3. OJK (Otoritas Jasa
                                         Ekonomi dan                Online                     Keuangan)
                                         Keuangan di Tahun
                                         2024
                                      4. Certified Digital       4. 26 Februari 2024 dan    4. PT Markplus Indonesia
                                         Marketing Specialist       Online
                                         (CDMS) Batch 1
                                      5. Webinar : Strategi      5. 29 Februari 2024 dan    5. OJK (Otoritas Jasa
                                         Mencegah Serangan          Online                     Keuangan)
                                         Siber
                                      6. Training AML CFT dan    6. 12 November 2024        6. PT Bank Maybank
                                         ABC ( APU PPT )            dan Online                 Indonesia Tbk




                                                                                                                           197
Page 198
                                                                    Tanggal dan Tempat
                Nama         Jabatan          Pelatihan                   Training                 Penyelenggara
       No
                Name         Position          Training              Training Date and               Organizer
                                                                           Place

       2     Arief          Direktur    1. Webinar :               1. 11 Januari 2024 dan    1. OJK (Otoritas Jasa
             Soerendro      Director        Connecting The Dots       Online                    Keuangan)
                                        2. Webinar Outlook         2. 22 Februari 2024 dan   2. OJK (Otoritas Jasa
                                            Ekonomi dan               Online                    Keuangan)
                                            Keuangan di Tahun
                                            2024
                                        3. Webinar : Strategi      3. 29 Februari 2024 dan   3. OJK (Otoritas Jasa
                                            Mencegah Serangan         Online                    Keuangan)
                                            Siber
                                        4. Webinar : Peluang       4. 30 Mei 2024 dan        4. OJK (Otoritas Jasa
                                            dan Tantangan             Online                    Keuangan)
                                            Perlindungan Data
                                            Pribadi dalam
                                            Transaksi di Era
                                            Digital
                                        5. Pertemuan APPI          5. 16 Oktober 2024 dan    5. APPI (Asosiasi
                                            terkait Rencana           Online                    PerusahaanPembiayaan
                                            Pengembangan                                        Indonesia)
                                            Perusahaan
                                            Pembiayaan Syariah     6. 31 Oktober 2024 dan    6. OJK (Otoritas Jasa
                                        6. Webinar : EV               Online                    Keuangan)
                                            Insurance,
                                            International
                                            Best Practices for
                                            Innovation of New
                                            Energy Products and
                                            Services
                                        7. Training AML CFT dan    7. 12 November dan        7. PT Bank Maybank
                                            ABC (APU PPT)             Online                    Indonesia Tbk

       3     Miki Effendi   Direktur    1. Webinar Outlook         1. 22 Februari 2024 dan   1. OJK (Otoritas Jasa
             Lim            Director       Ekonomi dan                Online                    Keuangan)
                                           Keuangan di Tahun
                                           2024
                                        2. Webinar : Strategi      2. 29 Februari 2024 dan   2. OJK (Otoritas Jasa
                                           Mencegah Serangan          Online                    Keuangan)
                                           Siber
                                        3. Training AML CFT dan    3. 12 November 2024       3. PT Bank Maybank
                                           ABC (APU PPT)              dan Online                Indonesia Tbk




      Penilaian atas Kinerja Direksi                              Assessment on the Performance of the
                                                                  Board of Directors

      Prosedur untuk Penilaian Kinerja                            Procedure For Performance Assessment
      Penilaian kinerja Direksi ditentukan berdasarkan tugas      The procedure for the assessment of the Board of
      dan tanggung jawab yang tercantum dalam peraturan           Directors is determined based on their duties and
      perundang-undangan yang berlaku dan Anggaran                responsibilities as stipulated in the applicable laws and
      Dasar Perseroan maupun amanat Pemegang Saham.               regulations and in the Articles of Association of the
      Penilaian kinerja ini disampaikan secara terbuka oleh       Company as well as by the mandate of Shareholders.
      Dewan Komisaris kepada Direksi pada saat RUPS.              This assessment shall be presented openly by the Board
                                                                  of Commissioners to the Board of Directors in the GMS.




                Laporan Tahunan
198   2024      Annual Report
Page 199
                                                                                          Tata Kelola Perusahaan
                                                                                        Good Corporate Governance




Kriteria untuk Penilaian Kinerja                                Criteria for Performance Assessment

Penilaian kinerja Direksi dilaksanakan secara berkala           The assessment of the performance of the Board of
dan tahunan berdasarkan Key Performance Indicator               Directors is conducted periodically and annually
(KPI). Kriteria penilaian kinerja Direksi meliputi perspektif   based on the Key Performance Indicator (KPI). The
sebagai berikut:                                                criteria for the assessment include the following
                                                                perspectives:
1.   Keuangan dan pasar;                                        1. Finance and market;
2.   Fokus pelanggan;                                           2. Customer focus;
3.   Efektivitas produk dan proses;                             3. Effectiveness of product and process;
4.   Fokus tenaga kerja; dan                                    4. Manpower focus; and

5. Kepemimpinan, tata kelola, dan tanggung jawab                5. Leadership, governance, and social responsibility.
   kemasyarakatan.

Pihak yang Melakukan Penilaian                                  The Party Conducting The Assessment
Pelaksanaan penilaian Direksi pada tahun 2024                   The assessment of the Board of Directors in 2024 was
dilaksanakan secara penilaian sendiri.                          conducted by self- assessment.

Penilaian atas Kinerja GCG Direksi                              Assessment on the Board of Directors’ GCG
                                                                Performance
Perseroan melaksanakan penilaian terhadap kinerja               The Company assesses the GCG performance of the
GCG Direksi berdasarkan kerangka acuan yang                     Board of Directors based on the terms of reference
dikembangkan oleh Perseroan, yang meliputi aspek-               developed by the Company, which includes the
aspek evaluasi sebagai berikut:                                 following aspects of evaluation:
1. Memiliki program pengenalan dan pelatihan, serta             1. Having introduction and training program, and
   menjalankan program tersebut secara                              carries out the program continuously;
   berkesinambungan;
2. Menjalankan pengendalian operasional dan                     2. Conducting operational and financial control
   keuangan terkait penerapan rencana dan kebijakan                regarding implementation of the Company’s plan
   Perseroan;                                                      and policy;
3. Melaksanakan pengelolaan Perseroan sesuai                    3. Conducting the management of the Company
   dengan Anggaran Dasar Perseroan dan peraturan                   in accordance with the Articles of Association of
   perundang-undangan yang berlaku;                                the Company and applicable rules of law;
4. Melakukan hubungan yang bernilai tambah bagi                 4. Establishing relations that may bring added value
   Perseroan dan para pemangku kepentingan;                        to the Company and stakeholders;
5. Mengawasi dan mengelola kemungkinan terjadinya               5. Supervising and managing the potential of conflict
   benturan kepentingan anggota Direksi dan                        of interest between members of the Board of
   manajemen di bawah Direksi;                                     Directors and the management under the Board
                                                                   of Directors;
6. Memastikan Perseroan melakukan komunikasi                    6. Ensuring that the Company carries out
   dan keterbukaan informasi sesuai dengan                         communication and information transparency in
   peraturan perundang-undangan yang berlaku,                      accordance with the applicable laws and
   serta tepat waktu dalam menyampaikan informasi                  regulations, and that the Company delivers
   kepada Dewan Komisaris dan Pemegang Saham;                      information to the Board of Commissioners and
                                                                   Shareholders in timely manner;




                                                                                                                        199
Page 200
      7. Menyelenggarakan rapat Direksi dan menghadiri       7. Holding Board of Directors’ meetings and attending
          rapat gabungan dengan Dewan Komisaris sesuai          joint meetings with the Board of Commissioners
          dengan peraturan perundang-undangan yang              in accordance with applicable laws and regulations;
          berlaku;
      8. Melakukan pengawasan internal yang berkualitas      8. Conducting qualified and effective internal
          dan efektif;                                           supervision;
      9. Memiliki Sekretaris Direksi guna mendukung tugas    9. Hiring Board of Directors Secretary to support
          kesekretariatan Direksi; dan                           duties of the Board of Directors; and
      10. Mengadakan RUPS Tahunan dan RUPS Luar Biasa        10. Holding the Annual GMS and Extraordinary GMS
          sesuai dengan peraturan perundang-undangan             in accordance with the applicable laws and
          yang berlaku.                                          regulations.

      Hasil Penilaian Kinerja Direksi                        Results of the Board of Directors Performance
                                                             Assessment
      Hasil penilaian kinerja Direksi pada tahun 2024,       The performance appraisal for the Board of Directors
      menunjukkan bahwa anggota Direksi telah                in 2024 show that the members of the Board of
      melaksanakan tugas dan tanggung jawabnya dengan        Directors have properly carried out their duties and
      baik.                                                  responsibilities.

      Penilaian Terhadap Organ Pendukung Direksi             Assessment of the Supporting Organs of the
                                                             Board of Directors
      Direksi dibantu oleh Komite Manajemen Risiko, Komite   The Board of Directors is assisted by the Risk
      Pengarah Teknologi Informasi, Sekretaris Perusahaan,   Management Committee, Information Technology
      dan Audit Internal dalam menjalankan tugasnya.         Steering Committee, Corporate Secretary, and Internal
                                                             Audit in carrying out its duties.

      Sepanjang tahun 2024, Direksi menilai bahwa organ      During 2024, the Board of Directors considers that
      pendukung Direksi tersebut telah melaksanakan          the supporting organs of the Board of Directors have
      tugasnya dengan baik dan optimal. Penilaian ini        performed their duties in a satisfactory and optimal
      didasarkan pada laporan berkala yang disampaikan,      manner. This evaluation is based on periodic reports,
      masukan serta rekomendasi atas hal-hal yang masuk      advice and recommendations on matters under the
      ke dalam lingkup tugas Direksi serta pelaksanaan       scope of duties of Board of Directors and the
      tugas organ pendukung Direksi yang dipaparkan          implementation of duties of Board of Directors’
      pada Laporan Tahunan ini.                              supporting organs as presented in this Annual Report.



      Mekanisme Pengunduran Diri Direksi                     The Resignation Mechanism of the Board
                                                             of Directors

      Sesuai dengan ketentuan dalam Anggaran Dasar           In accordance with the provisions specified in the
      Perseroan, anggota Direksi berhak mengundurkan         Articles of Association of the Company, member of
      diri dari jabatannya dengan menyampaikan               the Board of Directors has the right to tender his/her
      pemberitahuan secara tertulis kepada Perseroan         resignation from his/her position by submitting a
      paling kurang 90 hari sebelum tanggal pengunduran      written notification to the Company at least 90 days
      dirinya.                                               prior to the date of his resignation.




               Laporan Tahunan
200   2024     Annual Report
Page 201
                                                                                   Tata Kelola Perusahaan
                                                                                 Good Corporate Governance




Selanjutnya, dalam jangka 90 hari sejak diterimanya     Furthermore, within 90 days of receipt of the request
permohonan pengunduran diri harus diselenggarakan       for resignation, a GMS must be held to fill the vacant
RUPS untuk mengisi kembali posisi Direksi yang kosong   position of the Board of Directors by taking into
dengan memperhatikan peraturan perundang-               account the laws and regulations and the Articles of
undangan dan Anggaran Dasar Perseroan.                  Association of the Company.



Rencana Kerja Direksi Tahun 2024                        Work Plan of the Board of Directors in
                                                        2024

Direksi telah berkomitmen untuk menjalankan tugas       The Board of Directors has committed to carry out
dan tanggung jawab secara maksimal, agar Perseroan      its duties and responsibilities to the fullest, so that
dapat mencatat pertumbuhan yang lebih kuat di           the Company can record stronger growth in the
tahun mendatang. Oleh karena itu, pada tahun 2024,      coming years. Therefore, in 2024, the Board of Directors
Direksi telah membuat rencana kerja untuk tahun         has prepared a work plan for 2025, by anticipating
2025 yaitu dengan mengantisipasi tantangan dan          the challenges and opportunities ahead, and by
peluang yang ada di depan, dan dengan selalu            always paying attention to developments in economic,
memperhatikan perkembangan kondisi ekonomi,             social and political conditions in society.
sosial, dan politik di masyarakat.



Program Orientasi bagi Anggota Direksi                  Orientation Program for the Members of
                                                        the Board of Directors

Program orientasi bagi anggota Direksi dilaksanakan     An orientation program for new members of the
agar anggota baru Direksi memahami secara               Board of Directors is carried out in order to understand
mendalam mengenai Perseroan. Program ini dilakukan      the Company thoroughly. This program is carried out
dalam bentuk presentasi, penyampaian materi tertulis,   in the form of presentation, submission of written
kunjungan ke jaringan usaha dan pertemuan langsung      material, visits to business networks, and direct
dengan pihak-pihak internal Perseroan yang akan         meetings with internal parties of the Company whom
berhubungan selama menjalankan tugasnya selaku          will be in connection during performing their duties
anggota Direksi.                                        as members of the Board of Directors.

Pada tahun 2024, tidak ada program orientasi yang       In 2024, there were no orientation program taken.
dilakukan.




                                                                                                                   201
Page 202
      Dewan Pengawas Syariah
      Sharia Supervisory Board


      Sebagai perusahaan pembiayaan yang memiliki lini       As a financing company that has a sharia business
      bisnis usaha syariah, Perseroan wajib memiliki Dewan   line, the Company is required to have a Sharia
      Pengawas Syariah di dalam struktur organisasi          Supervisory Board in the company’s organization
      perusahaan sebagaimana diatur dalam ketentuan          structure as regulated in the applicable law.
      perundang-undangan yang berlaku.

      Dewan Pengawas Syariah diangkat oleh RUPS atas         The Sharia Supervisory Board is appointed by the
      rekomendasi Dewan Syariah Nasional Majelis Ulama       GMS at the recommendation oF the Board of National
      Indonesia.                                             Sharia of the Indonesian Ulema Council.



      Pedoman Kerja Dewan Pengawas                           Work Guideline for the Sharia
      Syariah                                                Supervisory Board
      Dewan Pengawas Syariah menjalankan tugasnya            The Sharia Supervisory Board carries out its duties in
      sesuai dengan acuan pada Peraturan Otoritas Jasa       accordance with the references the Regulation of
      Keuangan No. 10/POJK.05/2019 tentang                   the Financial Services Authority Based on Financial
      Penyelenggaraan Usaha Perusahaan Pembiayaan            Services Authority Regulation No. 10/POJK.05/2019
      Syariah dan Unit Usaha Syariah Perusahaan              concerning the Implementation of Sharia Financing
      Pembiayaan dan Peraturan No. 48/2024 tentang Tata      Company Business and Sharia Business Units of
      Kelola yang Baik bagi Lembaga Pembiayaan,              Financing Companies and Regulation No. 48/2024
      Perusahaan Modal Ventura, Lembaga Keuangan             concerning Good Governance for Financing Institutions,
      Mikro, dan Lembaga Jasa Keuangan Lainnya.              Venture Capital Companies, Microfinance Institutions,
                                                             and Other Financial Services Institutions.



      Tugas dan Tanggung Jawab Dewan                         Duties and Responsibilities of the Sharia
      Pengawas Syariah                                       Supervisory Board

      Tugas dan tanggung jawab Dewan Pengawas Syariah        Duties and responsibilities of the Sharia Supervisory
      meliputi:                                              Board include:
      1. Mengawasi kegiatan usaha syariah Perseroan          1. Supervising sharia business activity of the Company
         agar sesuai dengan prinsip syariah;                    in order to conform to the principle of sharia;
      2. Memberikan arahan dan nasihat kepada Direksi        2. Providing direction and advices to the Board of
         terkait hal-hal yang berkaitan dengan prinsip          Directors regarding matters related to the sharia
         syariah; dan                                           principle; and
      3. Menjadi mediator antara Perseroan dengan Dewan      3. Serving as mediator between the Company and
         Syariah Nasional maupun Majelis Ulama Indonesia        Sharia Supervisory Board as well as the Council
         dalam mengkomunikasikan gagasan dan saran              of Indonesian Ulema in communicating ideas and
         terkait pengembangan produk dan jasa Perseroan         suggestions regarding product and services
         yang membutuhkan kajian dan fatwa Dewan                development of the Company that requires studies
         Syariah Nasional maupun Majelis Ulama                  and ruling (fatwa) of the National Sharia Board
         Indonesia.                                             as well as the Council of Indonesian Ulema.




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Wewenang Dewan Pengawas Syariah                          Authorities of the Sharia Supervisory
                                                         Board

1.   Apabila Dewan Pengawas Syariah menilai terdapat     1. In the event that the Sharia Supervisory Board considers
     kebijakan maupun tindakan anggota Direksi yang         that there are policies or actions of the members of
     tidak sesuai dengan prinsip syariah, maka Dewan        the Board of Directors that are not in accordance
     Pengawas Syariah wajib meminta penjelasan              with sharia principles, the Sharia Supervisory Board
     kepada anggota Direksi terkait hal tersebut;           is obliged to request an explanation from the members
                                                            of the Board of Directors regarding this matter;
2. Jika anggota Direksi menolak hasil penilaian          2. In the event that the said member of the Board
   tersebut, maka Dewan Pengawas Syariah wajib              of Directors rejects the results of the assessment,
   melaporkannya kepada Otoritas Jasa Keuangan              then the Sharia Supervisory Board shall report it
   secara lengkap dan komprehensif dengan                   completely and comprehensively to the Financial
   tembusan kepada Direksi paling lambat 7 hari             Services Authority, with a copy to the Board of
   kerja sejak diterimanya penjelasan anggota Direksi       Directors, no later than 7 working days from the
   oleh Dewan Pengawas Syariah;                             receipt of the explanation by the member of the
                                                            Board of Directors by the Sharia Supervisory Board;
3. Jika anggota Direksi menerima hasil penilaian         3. In the event that the said member of the Board
   tersebut, maka Dewan Pengawas Syariah meminta            of Directors accepts the evaluation result, then
   anggota Direksi untuk melaksanakan perbaikan             the Sharia Supervisory Board shall ask the member
   atas kebijakan maupun tindakan anggota Direksi           of the Board of Directors to make corrections to
   agar sesuai dengan prinsip syariah;                      the policy and actions of the member of the Board
                                                            of Directors in order to conform to the sharia
                                                            principle;
4. Memiliki hak untuk memperoleh akses informasi         4. Have the right to obtain information and data
   dan data terkait operasional Perseroan dalam             regarding the Company’s operation in sharia
   bidang syariah secara lengkap dan tepat waktu;           completely and on time; and
   dan
5. Menerima laporan tertulis secara berkala mengenai     5. Receive written reports periodically regarding the
   operasional Perseroan.                                   operations of the Company.



Persyaratan Anggota Dewan Pengawas                       Requirements of the Sharia Supervisory
Syariah                                                  Board’s Members

Untuk menjadi anggota Dewan Pengawas Syariah,            To become member of the Sharia Supervisory Board,
harus memenuhi persyaratan sebagai berikut:              the candidate shall meet the following requirements:
1. Memiliki akhlak yang baik;                            1. Having good morals;
2. Berkomitmen untuk memenuhi peraturan                  2. Having commitment to conform to the applicable
   perundang-undangan yang berlaku;                         laws and regulations;
3. Mempunyai komitmen yang tinggi terhadap               3. Having high commitment to the development of
   pengembangan operasional Perseroan yang                  a sound Company operation;
   sehat;
4. Dinyatakan lulus atas evaluasi kemampuan dan          4. Passes the Fit-and-Proper Test by the Financial
   kepatutan oleh Otoritas Jasa Keuangan;                   Services Authority;
5. Berupaya untuk bertindak dengan itikad baik, jujur,   5. Act in good faith, honest, and professional;
   dan profesional;




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      6. Mampu bertindak guna kepentingan pemangku            6. Able to act on behalf of the interest of stakeholders;
         kepentingan;
      7. Memprioritaskan kepentingan Perseroan;               7. Prioritize the interest of the Company;
      8. Mampu mengambil keputusan berdasarkan                8. Able to make decisions based on independent
         evaluasi independen dan objektif guna kepentingan       and objective evaluation for the interest of the
         Perseroan dan para pemangku kepentingan;                Company and the stakeholders;
      9. Memiliki pengetahuan dan pengalaman dalam            9. Having the knowledge and experience in sharia
         bidang syariah mu’amalah, serta pengetahuan             mu’amalah, and knowledge in finance in general;
         dalam bidang keuangan secara umum; dan                  and

      10. Dalam waktu 5 tahun terakhir sebelum dicalonkan,    10. In the last 5 years prior to being nominated, the
          anggota Dewan Pengawas Syariah tidak pernah             candidate has never been declared bankrupt or
          dinyatakan pailit maupun menjadi Direksi atau           as a member of the Board of Directors or Board
          Dewan Komisaris yang dinyatakan bersalah                of Commissioners, the candidate has never been
          sehingga mengakibatkan suatu perusahaan                 found guilty of causing a company to become
          pailit.                                                 bankrupt.



      Kriteria Dewan Pengawas Syariah                         Criterias of the Sharia Supervisory Board

      Komposisi Dewan Pengawas Syariah memenuhi               The composition of Sharia Supervisory Board meets
      kriteria sebagai berikut:                               the following criteria:
      1. Struktur Dewan Pengawas Syariah berada setingkat     1. The structure of the Sharia Supervisory Board is
          dengan Dewan Komisaris;                                at the same level as the Board of Commissioners;
      2. Dewan Pengawas Syariah terdiri dari paling kurang    2. The Sharia Supervisory Board consists of at least
          1 orang anggota dan 1 orang ketua dengan               1 members and 1 chairperson and observes the
          memperhatikan ketentuan Otoritas Jasa Keuangan,        provisions of the Financial Services Authority, the
          Dewan Syariah Nasional atau Majelis Ulama              Board of National Sharia or the Council of Indonesian
          Indonesia, dan peraturan perundang- undangan           Ulema, and applicable laws and regulations;
          yang berlaku;
      3. Dewan Pengawas Syariah harus berdomisili di          3. The Sharia Supervisory Board must reside in
          Indonesia; dan                                         Indonesia; and
      4. Pengangkatan Dewan Pengawas Syariah dilakukan        4. Appointment of the Sharia Supervisory Board is
          melalui RUPS atas rekomendasi dari Dewan Syariah       made during the GMS at the recommendation of
          Nasional atau Majelis Ulama Indonesia, serta           the Board of National Sharia or the Council of
          dinyatakan secara jelas dalam akta notaris.            Indonesian Ulema, and is stated clearly in the
                                                                 notarial deed.



      Komposisi Dewan Pengawas Syariah                        Composition of the Sharia Supervisory
                                                              Board

      Pada tahun 2024, Dewan Pengawas Syariah Perseroan       In 2024, the Sharia Supervisory Board of the Company
      terdiri dari 1 orang ketua dan 1 orang anggota dengan   consisted of 1 chairperson and 1 member with a term
      masa jabatan, yaitu 3 tahun. Dalam pengangkatan,        of office of 3 years. In the appointment, members of
      anggota Dewan Pengawas wajib mendapat                   the Board of Supervisor must receive a recommendation
      rekomendasi dari Dewan Syariah Nasional dan Majelis     from the Board of National Sharia and the Council of
      Ulama Indonesia. Informasi terkait komposisi            Indonesian Ulema. Information on the membership



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keanggotaan Dewan Pengawas Syariah, periode, dan       composition of Sharia Supervisory Board, term of
dasar pengangkatannya ditunjukkan sebagai              office, and basis of appointment are shown as follow:
berikut:



       Nama                      Jabatan                      Periode               Dasar Pengangkatan
       Name                      Position                     Period             Legal Basis of Appointment

Amirsyah Tambunan      Ketua Dewan Pengawas Syariah    2021-2024             Akta No. 101 Tanggal 21 Maret 2024
                       Chairperson of the Sharia                             Deed No. 101 dated March 21, 2024
                       Supervisory Board

Sodikun                Anggota Dewan Pengawas          2021-2024             Akta No. 101 Tanggal 21 Maret 2024
                       Syariah                                               Deed No. 101 dated March 21, 2024
                       Member of the Sharia
                       Supervisory Board




Penilaian Uji Kemampuan dan                            Fit-and-Proper Test of the Sharia
Kepatutan Dewan Pengawas Syariah                       Supervisory Board

Seluruh anggota Dewan Pengawas Syariah Perseroan       All members of the Sharia Supervisory Board of the
diwajibkan untuk memenuhi seluruh persyaratan dan      Company is required to meet all requirements and
telah lulus penilaian kemampuan dan kepatutan          has passed the Fit-and-Proper Test for the main
bagi pihak utama sebagaimana yang ditentukan           party as specified in the Regulation of the Financial
dalam Peraturan Otoritas Jasa Keuangan No. 27/         Services Authority Regulation No. 27/POJK.03/2016 on
POJK.03/2016 tentang Penilaian Kemampuan dan           the Fit and Proper Test for Main Parties.
Kepatutan bagi Pihak Utama.

Berikut penilaian kemampuan dan kepatutan yang         The following is the result of Fit-and- Proper Test of
dimiliki Dewan Pengawas Syariah:                       the Sharia Supervisory Board:


                                    Tanggal Lulus Uji
   Nama          Jabatan       Kemampuan dan Kepatutan           Pelaksana        Hasil          Tanggal Efektif
   Name          Position       Passing Date of the Fit and      Organizer        Result          Effective Date
                                       Proper Test

Amirsyah      Ketua Dewan     30 Mei 2014 berdasarkan          Otoritas Jasa    Lulus          30 Mei 2014
Tambunan      Pengawas        Keputusan Dewan Komisioner       Keuangan         Passed         May 30, 2014
              Syariah         Otoritas Jasa Keuangan No.       Financial
              Chairperson     KEP-1281/NB.1/2014               Services
              of the Sharia   May 30, 2014 based on            Authority
              Supervisory     the Decision of the Board
              Board           of Commissioners of the
                              Financial Services Authority
                              No. KEP-1281/NB.1/2014

Sodikun       Anggota Dewan   30 September 2019                Otoritas Jasa    Lulus          30 September 2019
              Pengawas        berdasarkan Keputusan            Keuangan         Passed         September 30, 2019
              Syariah         Dewan Komisioner Otoritas        Financial
              Member of       Jasa Keuangan No. KEP-55/        Services
              the Sharia      NB.22/2019                       Authority
              Supervisory     September 30, 2019 pursuant
              Board           to Decree of the Financial
                              Services Authority’s Board of
                              Commissioners No. KEP-55/
                              NB.22/2019




                                                                                                                    205
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      Hubungan Afiliasi Dewan Pengawas                                             Affiliate Relations of the Sharia
      Syariah                                                                      Supervisory Board

      Anggota Dewan Pengawas Syariah senantiasa bersikap                           Members of the Sharia Supervisory Board shall always
      independen dalam menjalankan tugasnya. Informasi                             practice independence in performing their duties.
      terkait hubungan afiliasi anggota Dewan Pengawas                             Information on the affiliate relations of members of
      Syariah dengan Dewan Komisaris dan/ atau Direksi                             the Board of the Sharia Supervisor and the Board of
      serta Pemegang Saham dapat dilihat pada tabel                                Commissioners and/or Board of Directors and
      berikut:                                                                     Shareholders can be seen in the following table:


                                                              Hubungan Keuangan, Keluarga, dan Kepengurusan Dewan Komisaris
                                                            Financial, Family, Management Relations of the Board of Commissioners


                                             Hubungan Keuangan dengan                                Hubungan Keluarga dengan
                                                Financial Relation with                                 Family Relation with
        Nama       Jabatan
        Name       Position                                                                                                                    Hubungan
                                                              Dewan                                                  Dewan                   Kepengurusan
                                                                          Pemegang                                               Pemegang
                                                            Pengawas                                               Pengawas                  Management
                                 Dewan Komisaris Direksi                    Saham     Dewan Komisaris Direksi                      Saham
                                                             Syariah                                                Syariah                    Relations
                                    Board of     Board of                 Pengendali     Board of     Board of                   Pengendali
                                                             Board of                                               Board of
                                  Commissioners Directors                 Controlling  Commissioners Directors                   Controlling
                                                              Sharia                                                 Sharia
                                                                         Shareholders                                           Shareholders
                                                            Supervisor                                             Supervisor

      Amirsyah   Ketua Dewan
      Tambunan   Pengawas
                 Syariah
                 Chairperson           -            -            -             -              -             -           -            -            -
                 of the Sharia
                 Supervisory
                 Board

      Sodikun    Anggota
                 Dewan
                 Pengawas
                 Syariah                                                       -                                                                  -
                                       -            -            -                            -             -           -            -
                 Member of
                 the Sharia
                 Supervisory
                 Board




      Rangkap Jabatan Dewan Pengawas                                               Concurrent Positions of the Sharia
      Syariah                                                                      Supervisory Board

      Berdasarkan Peraturan Otoritas Jasa Keuangan No.                             Based on Financial Services Authority Regulation No.
      48/2024 tentang Tata Kelola yang Baik bagi Lembaga                           48 of 2024 concerning Good Governance for Financing
      Pembiayaan, Perusahaan Modal Ventura, Lembaga                                Institutions, Venture Capital Companies, Microfinance
      Keuangan Mikro, dan Lembaga Jasa Keuangan Lainnya,                           Institutions, and Other Financial Services Institutions,
      anggota Dewan Pengawas Syariah dilarang melakukan                            a member of the Sharia Supervisory Board is prohibited
      rangkap jabatan sebagai anggota Direksi atau Dewan                           from having concurrent positions as a member of
      Komisaris pada perusahaan pembiayaan yang sama,                              the Board of Directors or Board of Commissioners at
      namun diperbolehkan merangkap jabatan sebagai                                the same financing company, but is allowed to hold
      anggota Direksi, Dewan Komisaris, atau Dewan                                 concurrent positions as a member of the Board of
      Pengawas Syariah di 3 lembaga keuangan syariah                               Directors, Board of Commissioners, or Sharia Supervisory
      lainnya.                                                                     Board at 3 different Sharia financial institutions.




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                                    Jabatan pada Perusahaan       Nama Perusahaan
    Nama            Jabatan                                                                      Bidang Usaha
                                                Lain                     Lain
    Name            Position                                                                    Line of Business
                                    Position in Other Company    Other Company Name

Amirsyah       Ketua Dewan          •   Anggota Dewan Syariah    PT Mega Central             Industri Keuangan
Tambunan       Pengawas Syariah         Nasional (DPS) DSN –     Finance                     Non Bank
               Chairperson of the       MUI                                                  Non-Bank Financial
               Sharia Supervisory       Member, Sharia                                       Industry
               Board                    Supervisory Board
                                        (Certified by National
                                        Sharia Board of MUI)

                                    •   Ketua Dewan Pengawas     Mega Jiwa Syariah           Industri Keuangan
                                        Syariah Nasional (DPS)                               Non Bank
                                        DSN – MUI                                            Non-Bank Financial
                                        Chairperson, Sharia                                  Industry
                                        Supervisory Board
                                        (Certified by National
                                        Sharia Board of MUI)

                                    •   Ketua Dewan Pengawas     Reksadana Unit Usaha        Industri Keuangan
                                        Syariah Nasional (DPS)   Syariah Aurora Syariah      Non Bank
                                        DSN – MUI                Mutual Fund of Shariah      Non-Bank Financial
                                        Chairperson, Sharia      Business Unit in Aurora     Industry
                                        Supervisory Board        Syariah
                                        (Certified by National
                                        Sharia Board of MUI)

                                    •   Ketua Dewan Pengawas     Unit Usaha Syariah DBS      Industri Keuangan
                                        Syariah Nasional (DPS)   Kustodian                   Non Bank
                                        DSN – MUI                Shariah Business Unit       Non-Bank Financial
                                        Chairperson, Sharia      in DBS Custody              Industry
                                        Supervisory Board
                                        (Certified by National
                                        Sharia Board of MUI)

Sodikun        Anggota Dewan        •   Ketua Dewan Pengawas     PT Astra Aviva Life         Industri Keuangan
               Pengawas Syariah         Syariah                                              Non Bank
               Member of the            Chairperson of the                                   Non-Bank Financial
               Sharia Supervisory       Sharia Supervisory                                   Industry
               Board                    Board

                                    •   Anggota Dewan            PT Bank Maybank             Industri Perbankan
                                        Pengawas Syariah         Indonesia Tbk               Banking Industry
                                        Member of the Sharia
                                        Supervisory Board




Pelaksanaan Tugas Dewan Pengawas                        Implementation of Duty of the Sharia
Syariah                                                 Supervisory Board

Pada tahun 2024, Dewan Pengawas Syariah                 In 2024, the Sharia Supervisory Board carried out the
melaksanakan tugas-tugas sebagai berikut:               following tasks:
1. Mengawasi kegiatan usaha Syariah Perseroan;          1. Overseeing the Company's Sharia business
                                                            activities;
2. Memberikan arahan dan nasihat kepada Direksi         2. Providing direction and advice to the Board of
   tentang hal-hal yang berkaitan dengan prinsip            Directors on matters relating to sharia principles;
   syariah; dan                                             and
3. Menjadi mediator antara Perseroan dengan Dewan       3. Acting as mediator between the Company and
   Syariah Nasional maupun Majelis Ulama                    the National Sharia Council and the Indonesian
   Indonesia.                                               Ulema Council.




                                                                                                                   207
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      Rapat Dewan Pengawas Syariah                             Meetings of the Sharia Supervisory Board

      Rapat Dewan Pengawas Syariah antara lain membahas        Sharia Supervisory Board’s meetings, among others,
      berbagai isu dalam operasional perusahaan yang           discuss various issues in company operations related
      terkait dengan prinsip-prinsip syariah guna menilai      to Sharia principles in order to assess and ensure
      dan memastikan pemenuhan prinsip syariah atas            compliance with sharia principles on operational
      pedoman operasional dan produk yang dikeluarkan          guidelines and products issued by the Company. In
      Perseroan. Pada tahun 2024, Dewan Pengawas Syariah       2024, the Sharia Supervisory Board will hold 6 meetings.
      mengadakan 6 kali rapat.



      Kepemilikan Saham Dewan Pengawas                         Share Ownership of Sharia Supervisory
      Syariah                                                  Board
      Berikut informasi terkait kepemilikan saham Dewan        The following is information regarding share ownership
      Pengawas Syariah:                                        of the Sharia Supervisory Board:


                                                                         Kepemilikan Saham
                                                                          Share Ownership

                                                                    Perusahaan
           Nama                   Jabatan                                            Lembaga Jasa
                                                                    Pembiayaan                          Perusahaan
           Name                   Position         Maybank                             Keuangan
                                                                        Lain                                Lain
                                                   Indonesia                            Financial
                                                                       Other                               Other
                                                    Finance                             Services
                                                                     Financing                           Company
                                                                                       Institution
                                                                     Company

       Amirsyah        Ketua Dewan Pengawas
       Tambunan        Syariah
                                                       -                  -                 -                -
                       Chairperson of the Sharia
                       Supervisory Board

      Sodikun          Anggota Dewan
                       Pengawas Syariah
                                                       -                  -                 -                -
                       Member of the Sharia
                       Supervisory Board




      Pengembangan Kompetensi Dewan                            Competence Development of the Sharia
      Pengawas Syariah                                         Supervisory Board

      Perseroan senantiasa mengikutsertakan anggota            The Company always involve the Sharia Supervisory
      Dewan Pengawas Syariah untuk terus mengembangkan         Board’s members to constantly develop their ability
      kemampuan dan kompetensinya dalam berbagai               and competence in various educational and training
      program pendidikan dan pelatihan agar dapat              programs in order to perform their duties in a
      menjalankan tugasnya dengan baik.                        satisfactory manner.




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                                                                               Good Corporate Governance




Selama tahun 2024, program pengembangan               During 2024, the competence development programs
kompetensi yang telah diikuti Dewan Pengawas          attended by the Sharia Supervisory Board are as
Syariah sebagai berikut:                              follows:


                                                                Tanggal dan Tempat
         Nama         Jabatan             Pelatihan                                            Penyelenggara
 No.                                                                  Pelatihan
         Name         Position             Training                                              Organizer
                                                               Training Date and Place

1.     Amirsyah   Ketua Dewan     1. Webinar How to           1. 04 Juli 2024 dan            1. OJK (Otoritas
       Tambunan   Pengawas           Mitigate Transition         Online | July 4, 2020          Jasa
                  Syariah            and Physical Risks in       and Online                     Keuangan)
                  Chairperson        Financial Sector
                  of the Sharia   2. Workshop Pra-Ijtima'     2. 11 September 2024           2. MUI (Majelis
                  Supervisory        Sanawi (Annual              dan Offline (Jakarta)          Ulama
                  Board              Meeting) DPS IX Tahun       | September 11, 2020           Indonesia)
                                     2024 Bidang IKNB 2          and Offline


2.     Sodikun    Anggota Dewan   1. Webinar How to           1. 04 Juli 2024 dan            1. OJK (Otoritas
                  Pengawas           Mitigate Transition         Online | July 4, 2020          Jasa
                  Syariah            and Physical Risks in       and Online                     Keuangan)
                  Member of          Financial Sector
                  the Sharia      2. Workshop Pra-Ijtima'     2. 11 September 2024           2. MUI (Majelis
                  Supervisory        Sanawi (Annual              dan Offline (Jakarta)          Ulama
                  Board              Meeting) DPS IX Tahun       | September 11, 2020           Indonesia)
                                     2024 Bidang IKNB 2          and Offline




                                                                                                                209
Page 210
      Kebijakan Remunerasi Dewan Komisaris, Direksi, dan
      Dewan Pengawas Syariah
      Remuneration Policy of the Board of Commissioners, Board of Directors, and
      Sharia Supervisory Board

      Prosedur Penetapan Remunerasi                          Procedure to Determine Remuneration

      Berdasarkan Peraturan Otoritas Jasa Keuangan No.30/    Based on the Regulation of Financial Services Authority
      POJK.05/2014 tentang Tata Kelola Perusahaan yang       No.30/ POJK.05/2014 on Good Corporate Governance
      Baik bagi Perusahaan Pembiayaan, Perseroan wajib       for Financing Companies, the Company is required
      menerapkan kebijakan remunerasi bagi anggota           to apply a remuneration policy for members of the
      Dewan Komisaris, Direksi, dan Dewan Pengawas           Board of Commissioners, Board of Directors, and
      Syariah.                                               Board of Sharia Supervisor.

      Ketentuan mengenai besaran dan struktur remunerasi     Provisions regarding the amount and structure of the
      Dewan Komisaris, Direksi, dan Dewan Pengawas           remuneration of the Board of Commissioners, Board
      Syariah ditetapkan dalam RUPS berdasarkan hasil        of Directors, and Board of Sharia Supervisor is stipulated
      evaluasi dan usulan Komite Nominasi dan Remunerasi     in the GMS, based on the evaluation result and proposal
      serta dengan mempertimbangkan kinerja Perseroan.       of the Nomination and Remuneration Committee
                                                             and taking into consideration the performance of
                                                             the Company.



      Indikator Penetapan Remunerasi                         Indicators to Determine Remuneration

      Indikator yang digunakan dalam menentukan              The indicator used in determining the remuneration
      remunerasi Dewan Komisaris, Direksi, dan Dewan         for the Board of Commissioners, Board of Directors,
      Pengawas Syariah meliputi:                             and Board of Sharia Supervisor includes:
      1. Faktor skala dan kompleksitas usaha;                1. Scale factor and complexity of business;
      2. Tingkat inflasi;                                    2. Inflation rate;
      3. Kinerja Perseroan;                                  3. Company performance;
      4. Keadaan dan kemampuan keuangan Perseroan;           4. Condition and financial ability of the Company;
      5. Pencapaian Key Performance Indicators (KPI)         5. Achievement of Key Performance Indicators (KPI)
         Dewan Komisaris, Direksi, dan Dewan Pengawas            of the Board of Commissioners, Board of Directors,
         Syariah tahun 2024;                                     and Board of Sharia Supervisor of 2024;
      6. Perbandingan besaran remunerasi dengan              6. Comparison of remuneration amount with similar
         perusahaan sejenis; dan                                 companies; and
      7. Faktor-faktor lain yang relevan.                    7. Other relevant factors.



      Struktur dan Jumlah Remunerasi                         Structure and Total Remuneration

      Pada tahun 2024, jumlah besaran remunerasi yang        In 2024, the amount of remuneration made to the
      diberikan kepada Dewan Komisaris, Direksi, dan Dewan   Board of Commissioners, Board of Directors, and
      Pengawas Syariah terdiri dari remunerasi tetap: gaji   Board of Sharia Supervisor consisted of fixed
      pokok, transportation allowance, driver allowance,     remuneration: basic salary, transportation allowance,
      tunjangan cuti, Bonus, THR, BPJS Ketenagakerjaan,      driver allowance, leave allowance, Bonus, Holiday
      BPJS Kesehatan, Bensin, Pulsa, Asuransi Kesehatan      Allowances (THR), BPJS Employment, BPJS Healthcare,
      (karyawan dan keluarga) dan Asuransi Jiwa.             Fuel, Mobile Voucher, Health Insurance (employee
                                                             and family) and Life Insurance.




               Laporan Tahunan
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                                                                                          Tata Kelola Perusahaan
                                                                                        Good Corporate Governance




Berikut rincian jumlah remunerasi Dewan Komisaris,          Below is the details of total remuneration of the Board
Direksi, dan Dewan Pengawas Syariah di tahun                of Commissioners, Board of Directors, and Sharia
2024:                                                       Supervisory Board in 2024:


                                                        Total Diterima di Tahun 2024
                                                           Total Received in 2024

                             Dewan Komisaris                      Direksi                 Dewan Pengawas Syariah
  Jenis Remunerasi
                          Board of Commissioners             Board of Directors           Sharia Supervisory Board
  dan Fasilitas Lain
 Remuneration Type
                                          Jumlah                          Jumlah                              Jumlah
 and Other Facilities
                                          (jutaan                         (jutaan                             (jutaan
                           Orang                          Orang                             Orang
                                         Rupiah)                         Rupiah)                             Rupiah)
                           Person                         Person                            Person
                                       Total (million                  Total (million                      Total (million
                                         Rupiah)                         Rupiah)                             Rupiah)

Remunerasi (gaji,
bonus, tunjangan
rutin, tantiem dan
fasilitas lainnya
dalam bentuk non-
natura)
                              4        1.832.349.844         3         11.130.975.466           2           210.000.000
Remuneration
(salary, bonus,
routine allowance,
tantiem and other
facilities in the form
of non-natura)



Sementara itu, kisaran jumlah tingkat remunerasi            While, the range of the amount of remuneration level
yang diterima Dewan Komisaris, Direksi, dan Dewan           received by the Board of Commissioners, Board of
Pengawas Syariah di tahun 2024 ditunjukkan sebagai          Directors, and Board of Sharia Supervisor in 2024 is
berikut:                                                    shown as follows:


                                                                                                 Dewan Pengawas
                                       Dewan Komisaris                  Direksi                      Syariah
      Jumlah Remunerasi
                                    Board of Commissioners         Board of Directors           Sharia Supervisory
      Total Remuneration
                                       (orang | person)             (orang | person)                  Board
                                                                                                 (orang | person)

Di atas Rp3 Miliar
                                               -                           1                                -
Above Rp3 Billion

Di atas Rp2 Miliar – Rp3 Miliar
                                               -                           2                                -
Above Rp2 Billion – Rp3 Billion

Di atas Rp1 Miliar – Rp2 Miliar
                                               -                           -                                -
Above Rp1 Billion – Rp2 Billion

Di atas Rp500 Juta – Rp1 Miliar
Above Rp500 Million – Rp1                      2                           -                                -
Billion

Di bawah Rp500 juta
                                               2                           -                                2
Below Rp500 Million




                                                                                                                            211
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      Rasio Gaji Tertinggi dan Terendah                            Ratio of the Highest and Lowest Salary

      Kesesuaian rasio gaji Dewan Komisaris, Direksi, dan          The suitability of the salary ratio of the Board of
      seluruh karyawan menjadi perhatian Perseroan dengan          Commissioners, Board of Directors, and all employees
      mempertimbangkan tingkat tugas dan tanggung                  becomes the concern of the Company by taking into
      jawab yang diemban. Rasio gaji di Perseroan                  consideration the extent of duties and responsibilities.
      ditunjukkan sebagai berikut:                                 Salary ratio in the Company is shown as follows:


                                           Uraian                                                     Rasio
                                         Description                                                  Ratio

       Rasio Gaji Pegawai yang Tertinggi dan Terendah
                                                                                                       1 : 19
       Ratio of the Employee’ Highest Salary to Lowest Salary

       Rasio Gaji Direksi yang Tertinggi dan Terendah
                                                                                                        1:3
       Ratio of the Board of Director’s Highest Salary to Lowest

       Rasio Gaji Dewan Komisaris yang Tertinggi dan Terendah
                                                                                                        1:2
       Ratio of the Board of Commissioner’s Highest Salary to Lowest Salary

       Rasio Gaji Direksi Tertinggi dan Pegawai Tertinggi
                                                                                                        1:6
       Ratio of the Board of Director’s Highest Salary to the Employee’s Highest Salary

       Rasio Gaji Pegawai Tertinggi dan Gaji Direksi Terendah
                                                                                                       1 : 105
       Ratio of the Employee’ Highest Salary to the Board of Director’s Lowest Salary




      Organ Pendukung Dewan Komisaris
      Supporting Organs of the Board of Commissioners

      Komite Audit                                                 Audit Committee

      Komite Audit dibentuk oleh Dewan Komisaris untuk             The Audit Committee is formed by the Board of
      membantu melakukan pengawasan Perseroan. Fungsi              Commissioners to assist the Board of Commissioners
      utama Komite Audit adalah memantau serta                     in supervising the Company. The Audit Committee’s
      mengevaluasi perencanaan pelaksanaan, serta                  main function is to monitor and evaluate the planning
      tindak lanjut hasil audit guna menilai kecukupan             and implementation of audit as well as to monitor
      pengendalian internal.                                       the follow up of audit results in order to evaluate the
                                                                   adequacy of internal control.

      Komite Audit bertanggung jawab langsung kepada               The Audit Committee reports directly to the Board of
      Dewan Komisaris. Seluruh anggota Komite Audit                Commissioners. All members of the Audit Committee
      diangkat dan diberhentikan oleh Dewan Komisaris.             are appointed and dismissed by the Board of
                                                                   Commissioners.

      Pedoman Kerja Komite Audit                                   The Audit Committee Charter
      Komite Audit telah memiliki Piagam Komite Audit              The Audit Committee has an Audit Committee Charter
      yang telah disahkan oleh Dewan Komisaris melalui             that has been approved by the Board of Commissioners
      Surat Keputusan Dewan Komisaris pada tanggal 27              through the Decree of the Board of Commissioners
      Desember 2022.                                               on December 27, 2022.



                Laporan Tahunan
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Page 213
                                                                                    Tata Kelola Perusahaan
                                                                                  Good Corporate Governance




Tugas, Tanggung Jawab dan Wewenang Komite               Duties, Responsibilities and Authorities of the
Audit                                                   Audit Committee
Tugas dan tanggung jawab Komite Audit mencakup:         Duties and responsibilities of the Audit Committee
                                                        include:
1.  Melakukan evaluasi apakah Manajemen telah           1. Evaluate whether Management has implemented
    menerapkan sistem pengendalian internal yang           adequate and effective internal control system,
    memadai dan berjalan efektif, berdasarkan laporan      based on audit reports, such as from internal
    seperti dari auditor internal maupun auditor           auditor and external auditor including OJK.
    eksternal termasuk OJK.
2. Melakukan evaluasi apakah rekomendasi auditor        2. Evaluate whether auditors’ recommendations
    telah ditindaklanjuti oleh Manajemen.                  have been followed-up by Management.
3. Komite Audit dapat berkoordinasi dengan Komite       3. Audit Committee may liaise with Risk Oversight
    Pemantau Risiko bila dipandang perlu.                  Committee, if necessary.
4. Melakukan penelaahan atas informasi keuangan         4. Reviewing financial information, including financial
    termasuk proyeksi keuangan yang diterbitkan            projections which will be issued to public and/or
    kepada publik dan/atau pihak otoritas.                 regulators.
5. Memastikan bahwa laporan keuangan telah              5. Ensure that financial statements have been
    disusun sesuai standar akuntansi serta peraturan       prepared in accordance with the accounting
    lain yang berlaku.                                     standards and other regulations.
6. Melakukan penelaahan dan melaporkan kepada           6. Reviewing and reporting BOC of any complaints
    Dewan Komisaris atas pengaduan yang berkaitan          related to accounting process and financial
    dengan proses akuntansi dan pelaporan keuangan         reporting.
    perusahaan.
7. Memberikan rekomendasi kepada Dewan Komisaris        7. Provide recommendation to Board of Commissioners
    atas Piagam Audit Internal yang disusun oleh           on Internal Audit Charter set by Internal Audit Unit.
    Audit Internal.
8. Mengevaluasi rencana kerja tahunan dan ruang         8. Evaluate Internal Audit’s annual plan, scope,
    lingkup audit, memberikan masukan-masukan              provide input for improvement when necessary,
    jika diperlukan, serta merekomendasikannya             and provide recommendation to Board of
    kepada Dewan Komisaris untuk disetujui.                Commissioners for approval.
9. Memastikan Audit Internal bekerja secara             9. Ensure Internal Audit to work independently so
    independen sehingga tidak terdapat pembatasan          there is no limitation on audit scope and ensure
    terhadap ruang lingkup Audit Internal dan              Internal Auditor work with high integrity.
    memastikan Audit Internal menjunjung tinggi
    integritas dalam pelaksanaan tugas.
10. Memastikan bahwa temuan-temuan Audit Internal       10. Ensure that significant Internal Audit findings have
    yang signifikan segera disampaikan kepada Komite        been reported to Audit Committee and discuss it
    Audit dan membahasnya untuk menjadi perhatian           with Board of Commissioners as concerns.
    Dewan Komisaris.
11. Merekomendasikan kepada Dewan Komisaris             11. Recommend Board of Commissioners to request
    agar Audit Internal melakukan audit khusus bila         Internal Audit to conduct special audit to investigate
    ada dugaan terjadinya kecurangan atau                   any suspected fraud cases, or any violation of
    penyimpangan terhadap peraturan perundang-              law and regulation.
    undangan.
12. Menelaah laporan audit khusus yang akan             12. Reviewing special audit report that will be submitted
    disampaikan ke OJK mengenai setiap temuan               to OJK regarding internal audit findings that might
    Audit Internal yang diperkirakan dapat                  be disrupting the Company's business continuity.
    membahayakan kelangsungan usaha Perusahaan.




                                                                                                                     213
Page 214
      13. Menelaah Laporan Pelaksanaan dan Pokok-Pokok              13. Review Internal Audit Report of Implementation
          Hasil Audit Internal yang akan disampaikan ke                 and Summary of Audit report prior to submission
          OJK.                                                          to OJK.
      14. Menelaah laporan audit dan memastikan Direksi             14. Reviewing audit reports and ensuring Board of
          mengambil tindakan perbaikan secara tepat waktu               Directors takes timely corrective actions to mitigate
          untuk mengatasi kelemahan pengendalian, fraud,                control weaknesses, fraud, non compliance with
          masalah ketidakpatuhan terhadap kebijakan,                    laws and regulations or other issues identified
          undang-undang, dan peraturan atau masalah lain                and reported by Internal Audit Unit.
          yang diidentifikasi dan dilaporkan oleh Audit Internal.
      15. Mengevaluasi dan memberikan rekomendasi                   15. Evaluate and provide recommendation to Board
          kepada Dewan Komisaris atas pengangkatan dan                  of Commissioners on the appointment of Head,
          pemberhentian Kepala Audit Internal serta penilaian           Internal Audit in yearly basis, and assessment of
          kinerja Audit Internal.                                       Internal Audit performance.
      16. Menelaah independensi, kinerja Akuntan Publik,            16. Evaluate Public Accountant’s independence,
          fee (imbalan jasa) dan kriteria lain dalam rangka             performance, fee and other criteria to provide
          memberikan rekomendasi kepada Dewan Komisaris                 recommendation to Board of Commissioners on
          untuk penetapan Akuntan Publik yang akan ditunjuk             the Public Accountant appointment by General
          oleh RUPS.                                                    Meeting of Shareholder.
      17. Menelaah kecukupan pemeriksaan Akuntan Publik             17. Evaluate the adequacy of Public Accountant’s
          untuk memastikan risiko-risiko penting telah                  scope of work to ensure that all significant risks
          dipertimbangkan, termasuk menelaah syarat-                    have been considered, including to review the
          syarat dalam perikatan.                                       terms of engagement.
      18. Memastikan temuan-temuan yang signifikan                  18. To ensure that significant findings have been
          segera disampaikan kepada Komite Audit untuk                  reported to and discussed with the Audit Committee
          dibahas, guna disampaikan dan menjadi perhatian               for the Board of Commissioners’ concerns.
          Dewan Komisaris.
      19. Memastikan bahwa Manajemen melakukan tindak               19. Ensure Management has properly followed-up
          lanjut atas temuan-temuan Akuntan Publik.                     on Puublic Accountant’s findings.
      20. Memberikan pendapat independen dalam hal                  20. To provide independent opinion for any
          terjadi perbedaan pendapat antara Manajemen                   disagreement between Management and Public
          dan Akuntan Publik atas jasa yang diberikannya.               Accountant on the service provided.
      21. Menelaah dan memberikan saran kepada Dewan                21. Review and provide advice to Board of
          Komisaris terkait dengan adanya potensi benturan              Commissioners on any potential conflicts of interest.
          kepentingan.
      22. Menelaah pengaduan yang berkaitan dengan                  22. Review complaints related to the accounting and
          proses akuntansi dan pelaporan keuangan.                      financial reporting process.
      23. Menjaga kerahasiaan dokumen, data dan informasi           23. Maintain the confidentiality of Company documents,
          Perusahaan.                                                   data and information.
      24. Komite Audit bertugas untuk memastikan kepatuhan          24. Audit Committee shall ensure Company is comply
          terhadap peraturan perundang-undangan di                      with capital market and financing law and
          bidang pembiayaan.                                            regulation.
      25. Memastikan perusahaan memiliki kode etik secara           25. Ensure that the company has set up a Code of
          tertulis.                                                     Ethics.
      26. Memastikan bahwa manajemen menciptakan                    26. Ensure that management has established a
          budaya kerja yang mendorong setiap karyawan                   conducive work environment to comply with the
          mematuhi kode etik.                                           Code of Ethics.
      27. Menelaah dan memberikan saran kepada Dewan                27. Review and report to the Board of Commissioners
          Komisaris terkait dengan adanya potensi benturan              with regard to any potential conflicts of interest.
          kepentingan.

                 Laporan Tahunan
214   2024       Annual Report
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                                                                                       Tata Kelola Perusahaan
                                                                                     Good Corporate Governance




Sedangkan, wewenang Komite Audit mencakup:                 The authority of the Audit Committee includes:
1. Mengakses dokumen, data dan informasi                   1. To access documents, data and information
   perusahaan tentang karyawan, dana, aset serta              related to employees, funds, assets, and other
   sumber daya perusahaan yang diperlukan dan                 Company’s resource which are required and
   relevan dengan pelaksanaan tugasnya.                       relevant to its duties.
2. Berkomunikasi langsung dengan Direksi dan               2. To communicate directly with Directors and
   karyawan, termasuk yang menjalankan fungsi                 employees, including unit of internal audit, risk
   audit internal, manajemen risiko, serta Akuntan            management as well as Public Accountant.
   Publik.
3. Apabila diperlukan, dapat melibatkan pihak              3. If needed, it can involve an independent party
   independen di luar Anggota Komite Audit untuk              outside the Audit Committee Members to assist
   membantu pelaksanaan tugasnya dengan                       in carrying out their duties with the written approval
   persetujuan tertulis Dewan Komisaris.                      of the Board of Commissioner.

Komposisi Komite Audit                                     Composition of the Audit Committee
Komite Audit Perseroan terdiri dari 3 orang, yang          The Audit Committee of the Company consists of 3
terdiri dari 1 orang ketua Komite Audit yang sekaligus     people, comprising 1 chairman of the Audit Committee
menjabat sebagai Presiden Komisaris (Independen)           who also serves as the President Commissioner
dan 2 orang pihak independen dengan masa jabatan           (Independent) and 2 independent parties with an
3 tahun.                                                   office term of 3 years.

Seluruh anggota Komite Audit telah sesuai dengan           All members of the Audit Committee have complied
persyaratan sebagaimana diatur dalam Pasal 7 POJK          with the requirements as stipulated in Article 7 POJK
Nomor 55/POJK.04/2015.                                     Number 55/POJK.04/2015.

Susunan keanggotaan Komite Audit per 31 Desember           The composition of the membership of the Audit
2024 sebagai berikut:                                      Committee as of December 31, 2024 is as follows:


     Nama               Posisi            Keterangan              Dasar Pengangkatan                    Keahlian
     Name              Position              Note              Legal Basis of Appointment               Expertise

 Herwan Ng       Ketua Komite Audit    Komisaris             Resolusi Dewan Komisaris            Akuntansi dan
                 Chairman of Audit     Independen            tanggal 06 Mei 2024                 Keuangan
                 Committee             Independent           Board of Commissioners              Accounting and
                                       Commissioner          Resolution dated May 6, 2024        Finance

 Helmi Mahfud    Anggota Komite        Pihak Independen      Resolusi Dewan Komisaris            Keuangan
                 Audit                 Independent Party     tanggal 04 Maret 2022               Finance
                 Member of Audit                             Board of Commissioners
                 Committee                                   Resolution dated March 4, 2022

 Hadi            Anggota Komite        Pihak Independen      Resolusi Dewan Komisaris            Manajemen Risiko
 Indraprasta     Audit                 Independent Party     tanggal 04 Maret 2022               dan Audit
                 Member of Audit                             Board of Commissioners              Risk Management
                 Committee                                   Resolution dated March 4, 2022      and Audit


Independensi Komite Audit                                  Independence of the Audit Committee
Sesuai dengan Peraturan Otoritas Jasa Keuangan             In accordance with the Regulation of the Financial
No. 55/POJK.04/2015 tentang Pembentukan dan                Services Authority No.55/POJK.04/2015 on the Formation
Pedoman Pelaksanaan Kerja Komite Audit, anggota            and Work Implementation Guideline for Audit
Komite Audit Perseroan tidak memiliki hubungan             Committee, members of the Audit Committee of the
afiliasi dengan pihak manapun dan bebas dari               Company do not have any affiliate relations with any




                                                                                                                       215
Page 216
      benturan kepentingan. Aspek independensi Komite              parties and are free from conflict of interests. The
      Audit dijelaskan sebagai berikut:                            independence aspect of the Audit Committee is
                                                                   explained as follows:


                            Aspek Independensi                                                                  Hadi
                                                                         Herwan Ng       Helmi Mahfud
                           Independence Aspect                                                              Indraprasta

       Tidak memiliki hubungan keuangan dengan Dewan
       Komisaris dan Direksi.
                                                                              v                 v                v
       Does not have any financial relation with the Board of
       Commissioners and Board of Directors.

       Tidak memiliki hubungan kepemilikan saham di perusahaan,
       baik secara langsung maupun tidak langsung.
                                                                              v                 v                v
       Does not have share-ownership relations at the company,
       both directly and indirectly.

       Tidak memiliki hubungan kepengurusan di perusahaan,
       Entitas Anak, maupun perusahaan afiliasi.
                                                                              v                 v                v
       Does not have any management relation in the company,
       Subsidiary, as well as affiliated company.

       Tidak memiliki hubungan keluarga dengan Dewan Komisaris,
       Direksi, dan/atau sesama anggota Komite Audit.
       Does not have family relations with the Board of                       v                 v                v
       Commissioners, Board of Directors, and/or fellow members of
       the Audit Committee.

       Tidak menjabat sebagai pengurus partai politik, pejabat, dan
       pemerintah.
                                                                              v                 v                v
       Does not serve as a political party administrator, officer, and
       government.



      Pelaksanaan Tugas Komite Audit Tahun 2024                    Duties Implementation of the Audit Committee
                                                                   in 2024
      Sepanjang tahun 2024, Komite Audit telah menjalankan         Throughout 2024, the Audit Committee has carried
      program kerja sesuai dengan tugas dan tanggung               out work programs in accordance with its duties and
      jawabnya, antara lain secara berkala melakukan               responsibilities, including periodically reviewing
      peninjauan atas informasi keuangan, seperti laporan          financial information, such as quarterly financial
      keuangan triwulan dan laporan keuangan akhir tahun           reports and yearend financial reports, which will be
      yang akan dipublikasikan Perseroan. Laporan keuangan         published by the Company. The financial statements
      dikaji dengan mengidentifikasi hal-hal yang                  are reviewed by identifying matters requiring
      membutuhkan perhatian manajemen dan rekomendasi              management attention and recommendations for
      untuk pengembangan usaha.                                    business development.

      Selain itu, Komite Audit juga telah melaksanakan             In addition, the Audit Committee has also conducted
      rapat Komite Audit secara internal serta rapat bersama       internal Audit Committee meetings as well as meetings
      Akuntan Publik dalam rangka penyusunan dan                   with the Public Accountant in the context of the
      penerbitan Laporan Keuangan Tahunan 2024 yang                preparation and issuance of the 2024 Annual Financial
      dilengkapi dengan risalah rapat.                             Statements which are equipped with meeting minutes.

      Pada tahun 2024, Komite Audit tidak menemukan                In 2024, the Audit Committee did not find any obstacles
      kendala dalam menjalankan wewenangnya                        in exercising its authority as referred to in Article 11
      sebagaimana dimaksud dalam Pasal 11 POJK Nomor               POJK Number 55/POJK.04/2015.
      55/POJK.04/2015.




                Laporan Tahunan
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                                                                                      Tata Kelola Perusahaan
                                                                                    Good Corporate Governance




Rapat Komite Audit                                         Meetings of the Audit Committee
Sesuai dengan ketentuan dalam Pedoman Kerja                According to the Audit Committee charter, the Audit
Komite Audit, rapat Komite Audit wajib diselenggarakan     Committee shall convene meetings at least once in
secara berkala sekurang-kurangnya 1 kali dalam 3           3 (three) months.
(tiga) bulan.

Sepanjang tahun 2024, Komite Audit telah mengadakan        In 2024, the Audit Committee has held 4 meetings
rapat sebanyak 4 kali dengan rincian frekuensi             with the detailed frequency of attendance as the
kehadiran sebagai berikut:                                 following:


             Nama                 Jabatan pada Komite             Kehadiran Rapat             Jumlah Rapat
             Name               Position in the Committee        Meeting Attendance         Number of Meetings

 Herwan Ng                    Ketua
                                                                           1                             4
                              Chairman

 Helmi Mahfud                 Anggota
                                                                          4                              4
                              Member

 Hadi Indraprasta             Anggota
                                                                          4                              4
                              Member



Pengembangan Kompetensi Komite Audit                       Competence Development of the Audit Committee
Perseroan senantiasa mengikutsertakan Komite Audit         The Company constantly involves the Audit Committee
untuk terus mengembangkan kemampuan dan                    to develop their ability and competence in various
kompetensinya dalam berbagai program pendidikan            educational and training programs in order to perform
dan pelatihan agar dapat menjalankan tugasnya              their duties in a satisfactory manner. During 2024,
dengan baik. Selama tahun 2024, program                    the competence development programs attended
pengembangan kompetensi yang telah diikuti Komite          by the Audit Committee are as follows:
Audit antara lain:


                                                                     Tanggal dan Tempat
          Nama           Jabatan               Pelatihan                                           Penyelenggara
 No.                                                                       Pelatihan
          Name           Position               Training                                             Organizer
                                                                    Training Date and Place

 1.    Herwan Ng     Ketua Komite    1. Webinar : Peluang          1. 25 April 2024 dan          1. OJK (Otoritas
                     Audit              dan Tantangan Open            Online | April 25, 2024       Jasa
                     Chairman of        Finance di Indonesia          and Online                    Keuangan)
                     Audit Committee 2. Webinar : How to           2. 16 Mei 2024 dan Online     2. OJK (Otoritas
                                        Prevent Greenwashing          | May 16, 2024 and            Jasa
                                        in Sustainable Finance        Offline                       Keuangan)
                                     3. Training AML CFT dan       3. 12 November 2024 dan       3. PT Bank
                                        ABC (APU PPT)                 Online | | November           Maybank
                                                                      12, 2024 and Offline          Indonesia Tbk




                                                                                                                    217
Page 218
      Komite Nominasi dan Remunerasi                           Nomination and Remuneration Committee

      Sebagai bagian integral dari upaya implementasi          As an integral part of efforts to implement the GCG
      prinsip-prinsip GCG, Perseroan telah membentuk           principles, the Company formed the Nomination and
      Komite Nominasi dan Remunerasi. Komite ini berfungsi     Remuneration Committee. This Committee’s function
      untuk membantu Dewan Komisaris melaksanakan              is to assist the Board of Commissioners in performing
      tugas dan fungsi pengawasan yang dengan sistem           its supervisory duties and function with regard to the
      nominasi dan remunerasi bagi anggota Dewan               nomination and remuneration system for members
      Komisaris dan Direksi.                                   of the Board of Commissioners and Board of Directors.

      Pedoman Kerja Komite Nominasi dan                        The Nomination and Remuneration Committee
      Remunerasi                                               Charter
      Komite Nominasi dan Remunerasi menjalankan tugas         The Nomination and Remuneration Committee carries
      serta tanggung jawabnya sesuai dengan pedoman            out its duties and responsibilities in accordance with
      kerja yang ditetapkan berdasarkan Surat Keputusan        the work guidelines stipulated in the Decree of the
      Dewan Komisaris pada 8 Maret 2023.                       Board of Commissioners on March 8, 2023.

      Tugas, Tanggung Jawab, dan Wewenang Komite               Duties, Responsibilities, and Authorities of the
      Nominasi dan Remunerasi                                  Audit Committee
      Tugas dan tanggung jawab Komite Nominasi dan             Duties and responsibilities of Nomination and
      Remunerasi meliputi:                                     Remuneration Committee include:
      1. Terkait dengan kebijakan nominasi:                    1. With regard to the nomination policy:
         a. Menyusun komposisi, proses nominasi, kebijakan,       a. Develop the composition, nomination process,
            dan kriteria yang dibutuhkan serta memberikan            policies, and criteria required and provide
            rekomendasi mengenai sistem dan prosedur                 recommendations regarding the system and
            pemilihan dan/atau penggantian anggota                   procedures for the election and/or replacement
            Dewan Komisaris dan Direksi kepada Dewan                 of members of the Board of Commissioners
            Komisaris untuk disampaikan kepada RUPS;                 and Board of Directors to the Board of
                                                                     Commissioners to be submitted to the GMS;
         b. Memberikan rekomendasi mengenai calon                 b. Provide recommendations regarding candidates
            anggota Dewan Komisaris dan/atau Direksi                 for members of the Board of Commissioners
            kepada RUPS;                                             and/or Board of Directors to the GMS;
         c. Memberikan rekomendasi mengenai Pihak                 c. Provide recommendations regarding
            Independen yang akan menjadi anggota Komite              Independent Parties who will become members
            Audit dan Anggota Komite Pemantau Risiko                 of the Audit Committee and Risk Monitoring
            kepada Dewan Komisaris; dan                              Committee Members to the Board of
                                                                     Commissioners; and
         d. Menyusun program pengembangan                         d. Establish a capacity building program for
            kemampuan anggota Direksi dan/atau anggota               members of the Board of Directors and/or
            Dewan Komisaris.                                         members of the Board of Commissioners.
      2. Terkait dengan kebijakan remunerasi:                  2. With regard to the remuneration policy:
         a. Melakukan evaluasi terkait kebijakan remunerasi;      a. Conduct an evaluation regarding remuneration
                                                                     policy;
         b. Memberikan rekomendasi kepada Dewan                   b. Provide recommendations to the Board of
            Komisaris mengenai kebijakan remunerasi                  Commissioners regarding the remuneration
            bagi:                                                    policy for:




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          Dewan Komisaris dan Direksi untuk                 •   Board of Commissioners and Board of
           disampaikan kepada RUPS; dan                          Directors to be submitted to the GMS; and
        Pejabat eksekutif dan pegawai secara                •   Executive officers and employees as a whole
           keseluruhan untuk disampaikan kepada                  to be submitted to the Board of Directors.
           Direksi.
3. Menyusun struktur Remunerasi bagi anggota           3. Develop a remuneration structure for members
   Direksi dan/atau anggota Dewan Komisaris berupa        of the Board of Directors and / or members of the
   gaji, honorarium, insentif, dan tunjangan yang         Board of Commissioners in the form of salaries,
   bersifat tetap dan/atau variabel;                      honoraria, incentives, and allowances that are
                                                          fixed and / or variable;
4. Menyusun struktur remunerasi bagi anggota Direksi   4. Arrange the remuneration structure for members
   dan/atau anggota Dewan Komisaris, dengan               of the Board of Directors and / or members of the
   memperhatikan:                                         Board of Commissioners, taking into account:
    Remunerasi yang berlaku pada industri                •    Remuneration applicable in the financing
     pembiayaan sesuai dengan kegiatan usaha                   industry in accordance with similar business
     sejenis dan skala usaha;                                  activities and business scale;
    Tugas, tanggung jawab, dan wewenang anggota          •    Duties, responsibilities and authorities of
     Direksi dan/atau anggota Dewan Komisaris                  members of the Board of Directors and / or
     dikaitkan dengan pencapaian tujuan dan                    members of the Board of Commissioners
     kinerja Perseroan;                                        associated with the achievement of the
                                                               Company's goals and performance;
      Target kinerja atau kinerja masing-masing          •    Performance targets or performance of each
       anggota Direksi dan/atau anggota Dewan                  member of the Board of Directors and/or
       Komisaris; dan                                          member of the Board of Commissioners; and
    Keseimbangan tunjangan antara yang bersifat          •    Balance of benefits between fixed and variable.
       tetap dan variabel.
5. Melakukan evaluasi tentang struktur, kebijakan,     5. Conduct an evaluation of the structure, policies,
   dan besaran remunerasi paling kurang 1 (satu)          and amount of remuneration at least 1 (one) time
   kali dalam 1 (satu) tahun.                             in 1 (one) year.

Sementara itu, wewenang Komite Nominasi dan            Meanwhile, the Nomination and Remuneration
Remunerasi meliputi:                                   Committee has the authority to:
1. Komite berwenang untuk memperoleh akses             1. The Committee is authorized to obtain full, free
   secara penuh, bebas, dan tidak terbatas terhadap       and unrestricted access to employee information,
   informasi karyawan, dana, aset serta sumber daya       funds, assets and other Company resources
   Perseroan lainnya yang berkaitan dengan                related to the performance of its duties; and
   pelaksanaan tugas; dan
2. Komite wajib bekerja sama dengan Divisi Human       2. The Committee shall cooperate with the Human
   Capital dan unit-unit lainnya yang dipandang           Capital Division and other units as deemed
   perlu.                                                 necessary.

Komposisi Komite Nominasi dan Remunerasi               Composition of the Nomination and
                                                       Remuneration Committee
Komite Nominasi dan Remunerasi Perseroan terdiri       The Company’s Nomination and Remuneration
dari 4 orang, yakni 1 ketua Komite Nominasi dan        Committee consists of 4 people, namely 1 Chairperson
Remunerasi yang sekaligus menjabat sebagai             of the Committee who also serves as Independent
Komisaris Independen), 1 orang anggota Presiden        Commissioner, 1 member of President Commissioner,
Komisaris, 1 orang anggota Komisaris dan 1 orang       1 member of Commissioner and 1 member from




                                                                                                                 219
Page 220
      dari Human Resources and General Affairs dengan         Human Resources and General Affairs with a term
      masa jabatan 3 tahun.                                   of office of 3 years.


      Komposisi anggota Komite Nominasi dan Remunerasi        The composition of the members of the Company’s
      Perseroan per 31 Desember 2024 adalah sebagai           Nomination and Remuneration Committee as of
      berikut:                                                December, 31 2024 is as follows:


          Nama                 Posisi            Keterangan            Dasar Pengangkatan              Keahlian
          Name                Position              Note            Legal Basis of Appointment         Expertise

      Herwan Ng       Ketua Komite Nominasi   Komisaris             Resolusi Dewan Komisaris       Akuntansi dan
                      dan Remunerasi          Independen            tanggal 06 Mei 2024            Keuangan
                      Chairperson of          Independent           Board of Commissioners         Accounting and
                      Nomination and          Commissioner          Resolution dated May 6, 2024   Finance
                      Remuneration
                      Committee

      Budhi Dyah      Anggota Komite          Presiden Komisaris    Resolusi Dewan Komisaris       Ekonomi dan
      Sitawati        Nominasi dan            President             tanggal 06 Mei 2024            Manajemen
                      Remunerasi              Commissioner          Board of Commissioners         Economy and
                      Member of Nomination                          Resolution dated May 6, 2024   Management
                      and Remuneration
                      Committee

      Steffano        Anggota Komite          Komisaris             Resolusi Dewan Komisaris       Keuangan
      Ridwan          Nominasi dan            Commissioner          tanggal 30 Agustus 2020        Finance
                      Remunerasi                                    Board of Commissioners
                      Member of Nomination                          Resolution dated August 30,
                      and Remuneration                              2020
                      Committee

      Ika Setiawati   Anggota Komite          Human Resources       Resolusi Dewan Komisaris       Sumber Daya
      Gunawan         Nominasi dan            and General Affairs   tanggal 30 Agustus 2020        Manusia
                      Remunerasi              Division Head         Board of Commissioners         Human Resources
                      Member of Nomination    Human Resources       Resolution dated August 30,
                      and Remuneration        and General Affairs   2020
                      Committee               Division Head



      Independensi Komite Nominasi dan                        Independence of the Nomination and
      Remunerasi                                              Remuneration Committee
      Sesuai Pedoman Kerja Komite Nominasi dan                In accordance with the Nomination and Remuneration
      Remunerasi yang dimiliki Perseroan, anggota Komite      Committee charter of the Company, members of the
      Nominasi dan Remunerasi tidak boleh memiliki            Nomination and Remuneration Committee should
      hubungan keuangan, kepengurusan, kepemilikan            not have financial, management, share-ownership
      saham dan/atau hubungan keluarga dengan Dewan           relations and/or family relations with the Board of
      Komisaris, Direksi dan/atau Pemegang Saham sesuai       Commissioners, Board of Directors and/ or Shareholders
      peraturan yang berlaku yang dapat mempengaruhi          that can affect the ability to act independently in
      kemampuannya untuk bertindak independen.                accordance with applicable regulations.




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                Aspek Independensi                                 Budhi Dyah       Steffano         Ika Setiawati
                                                      Herwan Ng
               Independence Aspect                                  Sitawati        Ridwan             Gunawan

Tidak memiliki hubungan keuangan dengan Dewan
Komisaris dan Direksi.
                                                          v              v               v                   v
Does not have any financial relation with the Board
of Commissioners and Board of Directors.

Tidak memiliki hubungan kepemilikan saham di
perusahaan, baik secara langsung maupun tidak
langsung.                                                 v              v               v                   v
Does not have share-ownership relations at the
company, both directly and indirectly.

Tidak memiliki hubungan kepengurusan di
perusahaan, Entitas Anak, maupun perusahaan
afiliasi.                                                 v              v               X                   v
Does not have any management relation in the
company, Subsidiary, as well as affiliated company.

Tidak memiliki hubungan keluarga dengan Dewan
Komisaris, Direksi, dan/atau sesama anggota
Komite Nominasi dan Remunerasi.
Does not have family relations with the Board of          v              v               v                   v
Commissioners, Board of Directors, and/or fellow
members of the Nomination and Remuneration
Committee.

Tidak menjabat sebagai pengurus partai politik,
pejabat, dan pemerintah.
                                                          v              v               v                   v
Does not serve as a political party administrator,
officer, and government.


Pelaksanaan Tugas Komite Nominasi dan                   Duties Implementation of the Nomination and
Remunerasi Tahun 2024                                   Remuneration Committee in 2024
Sepanjang tahun 2024, Komite Nominasi dan               Throughout 2024, Nomination and Remuneration
Remunerasi telah menjalankan tugas dan tanggung         Committee has undertaken their duties, responsibilities,
jawab serta wewenangnya sesuai dengan Pedoman           and authority according to the Nomination and
Komite Nominasi dan Remunerasi. Komite ini telah        Remuneration Committee charter. This Committee
mengevaluasi kesesuaian dan besaran remunerasi          has evaluated the appropriateness and the amount
Dewan Komisaris dan Direksi untuk tahun 2024.           of remuneration for Board of Commissioners and
                                                        Board of Directors in 2024.

Rapat Komite Nominasi dan Remunerasi                    Meetings of the Nomination and Remuneration
                                                        Committee
Sesuai dengan ketentuan dalam Pedoman Kerja             According to the Nomination and Remuneration
Komite Nominasi dan Remunerasi, rapat Komite            Committee charter, the Nomination and Remuneration
Nominasi dan Remunerasi wajib diselenggarakan           Committee shall convene meetings at least once in
secara berkala sekurang-kurangnya 1 kali dalam 4        4 months.
bulan.

Sepanjang tahun 2024, Komite Nominasi dan               In 2024, the Nomination and Remuneration Committee
Remunerasi telah mengadakan rapat sebanyak 9            has held 9 meetings with the detailed frequency of
kali dengan rincian frekuensi kehadiran sebagai         attendance as the following:
berikut:




                                                                                                                     221
Page 222
               Nama                      Jabatan pada Komite                 Kehadiran Rapat                Jumlah Rapat
               Name                    Position in the Committee            Meeting Attendance            Number of Meetings

      Herwan Ng                   Ketua
                                                                                      1                              1
                                  Chairperson

      Budhi Dyah Sitawati         Anggota
                                                                                      2                             2
                                  Member

      Steffano Ridwan             Anggota
                                                                                      9                             9
                                  Member

      Ika Setiawati Gunawan       Anggota
                                                                                      9                             9
                                  Member


      Pengembangan Kompetensi Komite Nominasi                         Competence Development of the Nomination and
      dan Remunerasi                                                  Remuneration Committee
      Guna menunjang pelaksanaan tugas dan tanggung                   To support the performance of its duties and
      jawabnya, Perseroan mengikutsertakan Komite                     responsibilities, the Company provides the Nomination
      Nominasi dan Remunerasi ke dalam program                        and Remuneration Committee with education and
      pendidikan dan pelatihan guna meningkatkan                      training programs aimed to increase the competence.
      kompetensi.

      Pada tahun 2024, Komite Nominasi dan Remunerasi                 In 2024, the Nomination and Remuneration Committee
      telah mengikuti program pengembangan kompetensi                 attended the following competence development
      sebagai berikut:                                                programs:


                                                                                    Tanggal dan
               Nama         Jabatan                     Pelatihan                 Tempat Pelatihan              Penyelenggara
       No.
               Name         Position                     Training                 Training Date and               Organizer
                                                                                        Place

      1.     Herwan Ng    Ketua          1.   Webinar : Peluang dan Tantangan    1.   25 April 2024 dan    1.   OJK (Otoritas Jasa
                          Chairperson         Open Finance di Indonesia               Online                    Keuangan)
                                         2.   Webinar : How to Prevent           2.   16 Mei 2024 dan      2.   OJK (Otoritas Jasa
                                              Greenwashing in Sustainable             Online                    Keuangan)
                                              Finance
                                         3.   Training AML CFT dan ABC (APU      3.   12 November          3.   PT Bank Maybank
                                              PPT)                                    2024 dan Online           Indonesia Tbk

      2.     Budhi Dyah   Anggota        1.   Sertifikasi Dasar Komisaris        1.   28 Maret 2024        1.   PT Sertifikasi
             Sitawati     Member                                                      dan Offline               Profesi
                                                                                      (Jakarta)                 Pembiayaan
                                                                                                                Indonesia
                                         2.   Training AML CFT dan ABC (APU      2.   12 November          2.   PT Bank Maybank
                                              PPT)                                    2024 dan Online           Indonesia Tbk

      3.     Steffano     Anggota        1.   Training Sertifikasi Manajemen     1.   29 Januari 2024      1.   Maisa Edukasi
             Ridwan       Member              Risiko BOD Jenjang 7                    dan Online




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                                                                           Tanggal dan
        Nama       Jabatan                  Pelatihan                    Tempat Pelatihan             Penyelenggara
No.
        Name       Position                  Training                    Training Date and              Organizer
                                                                               Place

4.    Ika         Anggota     1.   Training: Peluang Mudah Green        1.   01 Maret 2024       1.   Blodiversity
      Setiawati   Member           Jobs Generasi Muda                        dan Online               Warriors
      Gunawan                 2.   Webinar:Implementasi K3              2.   08 Maret 2024       2.   PT Domi Manu
                                   menghadapi Era 5.0                        dan Online               Putty
                              3.   Training Penggunaan Bahasa           3.   09 Maret 2024       3.   TY Training
                                   Indonesia yang Baik dan Benar             dan Online               Academy
                              4.   4 th Career Week Job Fair 2024       4.   20 Maret 2024       4.   Univeristas
                                                                             dan Online               Tarumanagara
                              5.   Training Green HRM                   5.   21 Maret 2024       5.   Ari Tjahjanto
                                                                             dan Online
                              6.   HR Meet & Talk : Pelaksanaan         6.   02 April 2024 dan   6.   PMSM INDONESIA
                                   Praktik DEI di Perusahaan                 Offline (Jakarta)
                                   Indonesia
                              7.   Certified Digital Marketing          7.   04 Mei - 10 Juni    7.   PT Markplus
                                   Specialist (CDMS) Batch 2                 2024 dan Online          Indonesia
                              8.   KM : Marketing 6.0                   8.   17 Mei 2024 dan     8.   PT Markplus
                                                                             Offline (Jakarta)        Indonesia
                              9.  Webinar Strategi Pemasaran            9.   05 Juni 2024 dan    9.   OJK (Otoritas Jasa
                                  Digital di Era Digital : Taktik dan        Online                   Keuangan)
                                  Langkah Efektif Mencetak Profit
                                  Optimal
                              10. Undangan Seminar Artificial           10. 05 Juni 2024 dan     10. BINUS University
                                  Intelligence in Human Resources           Online                   Business School
                              11. Workshop : Future Economic &          11. 25 Juni 2024 dan     11. BINUS University
                                  Technology Outlook                        Offline (Jakarta)        Bekasi
                              12. Coaching Webinar Series:
                                  Coaching for Empowering People        12. 06 Juli 2024 dan     12. Lembaga Psikologi
                                  and Organization to Escalate              Offline (Jakarta)        Terapan UI
                                  Growth
                              13. Sertifikasi Ahli K3 Umum BNSP         13. 15 - 17 Juli 2024    13. PT Artha Safety
                                                                            dan Online               Indonesia
                              14. Seminar Mengelola Stress dan          14. 17 Juli 2024 dan     14. PT Pranaya Mitra
                                  Performa Karyawan dengan Data             Offline (Jakarta)        Insani (PION
                                                                                                     Clinician)
                              15. Webinar : From Prompt to Profit :     15. 26 Juli 2024 dan     15. PT Markplus
                                   How Chat GPT 4.0 Can Enhance             Offline                  Indonesia
                                   Your Business
                              16. Acara : Effective Credit Document     16. 07 Agustus 2024      16. Docuflo SkyWorx
                                   Custodian Using Powerful                  dan Offline
                                   Document Management System                (Jakarta)

                              17. Webinar Inspiring Talkshow : Kuat     17. 12 Agustus 2024      17. OJK (Otoritas Jasa
                                  Integritas, Kaya Kreativitas               dan Offline              Keuangan)
                              18. Training Penyusunan SOP Base on       18. 04 - 05              18. PT Media SDM
                                  ISO 9001 dengan Optimalisasi AI            September 2024           Indonesia
                                                                             dan Online
                              19. Maybank Group Sustainability          19. 06 September         19. PT Bank Maybank
                                  Week 2024 - Talkshow                       2024 dan Offline         Indonesia Tbk
                                                                             (Jakarta)
                              20. Pelatihan Strategi Menyusun OKR       20. 23 - 24              20. PT Media SDM
                                                                             September 2024          Indonesia
                                                                             dan Online
                              21. Training sistem manajemen             21. 25 September         21. PT Media SDM
                                   general affairs                           2024 dan Online         Indonesia
                              22. Training Teknik Coaching,             22. 13 Oktober 2024      22. PT Sertifikasi
                                   Counseling dan Mentoring di               dan Online              Profesi
                                   Tempat Kerja                                                      Pembiayaan
                                                                                                     Indonesia
                              23. Sertifikasi Dasar Manajerial                                   23. PT Media SDM
                                                                                                     Indonesia




                                                                                                                           223
Page 224
                                                                               Tanggal dan
               Nama       Jabatan                  Pelatihan                 Tempat Pelatihan      Penyelenggara
       No.
               Name       Position                  Training                 Training Date and       Organizer
                                                                                   Place

                                      24. Rapat Kerja Nasional                                   24. GML Performance
                                                                                                     Consulting
                                      25. Acara : Indonesia Human Capital                        24. PT Maybank
                                          Beyond & Summit (IHCBS)                                    Indonesia Finance
                                      26. Rapat Program Kerja 2025 - 2030                        26. PT Maybank
                                                                                                     Indonesia Finance




      Komite Pemantau Risiko                                     Risk Supervisory Committee

      Dalam menunjang penerapan manajemen risiko,                In supporting the implementation of risk management,
      Perseroan telah membentuk Komite Pemantau Risiko           the Company has formed the Risk Supervisory
      yang bertugas membantu Dewan Komisaris dalam               Committee tasked with assisting the Board of
      melaksanakan tugas dan fungsinya terkait pengawasan        Commissioners in performing duties and functions
      pelaksanaan praktik-praktik pengelolaan risiko yang        regarding supervision of risk management practice
      dilakukan oleh Perseroan.                                  carried out by the Company.

      Pedoman Kerja Komite Pemantau Risiko                       The Risk Supervisory Committee Charter
      Komite Pemantau Risiko telah memiliki pedoman              The Risk Monitoring Committee has a work guideline
      kerja yang ditetapkan berdasarkan Surat Edaran No.         established based on Circular Letter No. SE.2015.047/
      SE.2015.047/PREDI- BIIFC tentang Pedoman Penerapan         PREDI- BIIFC concerning Guidelines for the
      Manajemen Risiko yang telah ditandatangani oleh            Implementation of Risk Management signed by the
      Dewan Komisaris pada 12 Februari 2012 yang juga            Board of Commissioners on February 12, 2012, which
      ditegaskan kembali dalam Kerangka Kerja Manajemen          was also reaffirmed in the Risk Management Framework
      Risiko yang diterbitkan pada tahun 2021, yang kemudian     issued in 2021, which was then updated in 2024.
      diperbaharui pada tahun 2024.

      Tugas, Tanggung Jawab dan Wewenang Komite                  Duties, Responsibilities and Authorities of the
      Pemantau Risiko                                            Risk Supervisory Committee
      Tugas dan tanggung jawab Komite Pemantau Risiko            Duties and responsibilities of the Risk Supervisory
      yaitu:                                                     Committee are as follow:
      1. Mengevaluasi dan mengkaji kebijakan dan strategi        1. Evaluating and reviewing risk management policies
         manajemen risiko untuk dimintakan persetujuan              and strategies for approval from the Board of
         Dewan Komisaris.                                           Commissioners.

      2. Melakukan review dan menilai kebijakan untuk            2. Reviewing and assessing policies to implement
         melaksanakan program stress testing, dan                   stress testing programs, and reviewing the
         mereview efektivitas program stress testing.               effectiveness of stress testing programs.
      3. Mengevaluasi kesesuaian antara pelaksanaan              3. Evaluating the suitability between the
         manajemen risiko dengan kebijakan manajemen                implementation of risk management and its risk
         risikonya.                                                 management policy.
      4. Mengevaluasi kepatuhan terhadap ketentuan               4. Evaluating compliance with prudential provisions
         kehati- hatian serta kesesuaian terhadap kerangka          as well as conformity to the policy framework and
         kerja kebijakan dan sistem pengendalian yang               control system developed by related units.
         dibangun oleh unit-unit terkait.




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5. Melakukan review atas Rencana Bisnis Perusahaan    5. Reviewing the Company's Business Plan before
   sebelum mendapat persetujuan Dewan Komisaris.         obtaining approval from the Board of
                                                         Commissioners.
6. Memantau dan mengevaluasi pelaksanaan tugas        6. Monitoring and evaluating the implementation of
   Komite Manajemen Risiko dan unit-unit Manajemen       the tasks of Risk Management Committee and
   Risiko.                                               Risk Management units.
7. Memberikan saran/nasihat kepada Dewan              7. Providing advice/advice to the Board of
   Komisaris terkait dengan informasi pemantauan         Commissioners related to risk monitoring
   risiko dan pelaksanaan tanggung jawabnya.             information and implementation of responsibilities.
		
Komposisi Komite Pemantau Risiko                      Composition of the Risk Supervisory Committee
Pada tahun 2024, Komite Pemantau Risiko Perseroan     In 2024, the Risk Supervisory Committee of the
terdiri dari 4 orang dengan masa jabatan 3 tahun.     Company consisted of 4 people with an office term
                                                      of 3 years.

Komposisi anggota Komite Pemantau Risiko Perseroan    The composition of the members of the Company’s
per 31 Desember 2024 adalah sebagai berikut:          Risk Supervisory Committee as of December 31, 2024
                                                      is as follows:


                                                             Dasar Pengangkatan
      Nama               Posisi          Keterangan                                             Keahlian
                                                                Legal Basis of
      Name              Position            Note                                                Expertise
                                                                Appointment

Herwan Ng          Ketua Komite       Komisaris            Resolusi Dewan Komisaris      Akuntansi dan
                   Pemantau Risiko    Independen           tanggal 06 Mei 2024.          Keuangan
                   Chairperson of     Independent          Board of Commissioners        Accounting and
                   Risk Supervisory   Commissioner         Resolution dated May 6,       Finance
                   Committee                               2024

Budhi Dyah         Anggota Komite     Presiden Komisaris   Resolusi Dewan Komisaris      Ekonomi dan
Sitawati           Pemantau Risiko    President            tanggal 06 Mei 2024.          Manajemen
                   Member of Risk     Commissioner         Board of Commissioners        Economy and
                   Supervisory                             Resolution dated May 6,       Management
                   Committee                               2024

Steffano Ridwan    Anggota Komite     Komisaris            Resolusi Dewan Komisaris      Perbankan
                   Pemantau Risiko    Commissioner         tanggal 06 Mei 2024.          Banking
                   Member of Risk                          Board of Commissioners
                   Supervisory                             Resolution dated May 6,
                   Committee                               2024

Hadi Indraprasta   Anggota Komite     Pihak Independen     Resolusi Dewan Komisaris      Manajemen dan
                   Pemantau Risiko    Independent Party    tanggal 06 Mei 2024.          Ekonomi
                   Member of Risk                          Board of Commissioners        Management and
                   Supervisory                             Resolution dated May 6,       Economy
                   Committee                               2024




                                                                                                               225
Page 226
      Independensi Komite Pemantau Risiko                           Independence of the Risk Supervisory Committee
      Komite Pemantau Risiko menjalankan perannya                   The Risk Supervisory Committee performs its function
      secara profesional dan independen. Seluruh anggota            professionally and independently. No members of
      Komite Pemantau Risiko tidak ada yang memiliki                the Risk Monitoring Committee have a financial,
      hubungan keuangan, kepengurusan, kepemilikan,                 management, ownership relations, and family relations
      dan hubungan keluarga dengan anggota Dewan                    with members of the Board of Commissioners,
      Komisaris, anggota Direksi, dan/atau Pemegang                 members of the Board of Directors, and/or Major and
      Saham Utama dan Pengendali, ataupun hubungan                  Controlling Shareholders, or relation with the Company
      dengan Perseroan yang dapat mempengaruhi                      that can affect the ability to act independently:
      kemampuannya untuk bertindak independen:


                                                                                     Budhi
                          Aspek Independensi                                                     Steffano        Hadi
                                                                        Herwan Ng     Dyah
                         Independence Aspect                                                     Ridwan      Indraprasta
                                                                                    Sitawati

      Tidak memiliki hubungan keuangan dengan Dewan
      Komisaris dan Direksi.
                                                                            v           v           v             v
      Does not have any financial relation with the Board of
      Commissioners and Board of Directors.

      Tidak memiliki hubungan kepemilikan saham di perusahaan,
      baik secara langsung maupun tidak langsung.
                                                                            v           v           v             v
      Does not have share-ownership relations at the company,
      both directly and indirectly.

      Tidak memiliki hubungan kepengurusan di perusahaan,
      Entitas Anak, maupun perusahaan afiliasi.
                                                                            v           v           X             v
      Does not have any management relation in the company,
      Subsidiary, as well as affiliated company.

      Tidak memiliki hubungan keluarga dengan Dewan Komisaris,
      Direksi, dan/atau sesama anggota Komite Pemantau Risiko.
      Does not have family relations with the Board of                      v           v           v             v
      Commissioners, Board of Directors, and/or fellow members
      of the Risk Supervisory Committee.

      Tidak menjabat sebagai pengurus partai politik, pejabat,
      dan pemerintah.
                                                                            v           v           v             v
      Does not serve as a political party administrator, officer, and
      government.



      Pelaksanaan Tugas Komite Pemantau Risiko                      Duties Implementation of the Risk Supervisory
      Tahun 2024                                                    Committee in 2024
      Pada tahun 2024, Komite Pemantau Risiko telah                 In 2024, the Risk Monitoring Committee has
      melaksanakan seluruh program kerja yang                       implemented all work programs it plans with the
      direncanakannya dengan realisasi sebagai berikut:             following realization:
      1. Memantau pelaksanaan tugas Komite Manajemen                1. Monitoring the implementation of the Risk
          Risiko;                                                       Management Committee’s duties;
      2. Memantau pelaksanaan tugas Satuan Kerja                    2. Monitoring the implementation of duties of the
          Manajemen Risiko;                                             Risk Management Work Unit;
      3. Mengulas tingkat kesehatan perusahaan termasuk             3. Review the health of the company including the
          di dalamnya profil risiko perusahaan;                         company's risk profile;




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4. Memastikan pelaksanaan GCG dilakukan dengan           4. Ensuring the implementation of GCG is carried
   baik; dan                                                out properly; and
5. Meninjau ambang batas risiko kredit.                  5. Reviewing credit risk thresholds.

Rapat Komite Pemantau Risiko                             Meetings of the Risk Supervisory Committee
Sesuai dengan ketentuan dalam Pedoman Kerja              According to the Risk Supervisory Committee charter,
Komite Pemantau Risiko, rapat Komite Pemantau            the Risk Supervisory Committee shall convene meetings
Risiko wajib diselenggarakan secara berkala sekurang-    at least once in 3 months.
kurangnya 1 kali dalam 3 bulan.

Sepanjang tahun 2024, Komite Pemantau Risiko telah       In 2024, the Risk Supervisory Committee has held 4
mengadakan rapat sebanyak 4 kali dengan rincian          meetings with the detailed frequency of attendance
frekuensi kehadiran sebagai berikut:                     as the following:


          Nama                 Jabatan pada Komite            Kehadiran Rapat              Jumlah Rapat
          Name               Position in the Committee       Meeting Attendance          Number of Meetings

                           Ketua
 Herwan Ng                                                             1                              4
                           Chairperson

                           Anggota
 Budhi Dyah Sitawati                                                   2                              4
                           Member

                           Anggota
 Steffano Ridwan                                                       4                              4
                           Member

                           Anggota
 Hadi Indraprasta                                                      4                              4
                           Member



Pengembangan Kompetensi Komite Pemantau                  Competence Development of the Risk Supervisory
Risiko                                                   Committee
Sepanjang tahun 2024, seluruh anggota Komite             During 2024, all members of the Risk Supervisory
Pemantau Risiko Perseroan telah mengikuti serangkaian    Committee of the Company took part in several
kegiatan pelatihan, baik yang diselenggarakan oleh       training activities, either held by internal party or
pihak internal Perseroan maupun pihak eksternal          those held by external party as shown in the following:
yang ditunjukkan sebagai berikut:




                                                                                                                   227
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                                                                               Tanggal dan
                 Nama            Jabatan              Pelatihan              Tempat Pelatihan           Penyelenggara
      No.
                 Name            Position              Training              Training Date and            Organizer
                                                                                   Place

      1.     Herwan Ng      Ketua           1. Webinar : Peluang dan         1. 25 April 2024       1. OJK (Otoritas Jasa
                            Chairperson        Tantangan Open Finance           dan Online             Keuangan )
                                               di Indonesia
                                            2. Webinar : How to              2. 16 Mei | May        2. OJK (Otoritas Jasa
                                               Prevent Greenwashing in          2024 dan Online        Keuangan)
                                               Sustainable Finance
                                            3. Training AML CFT dan ABC      3. 12 November         3. PT Bank Maybank
                                               (APU PPT)                        2024 dan Online        Indonesia Tbk

      2.     Budhi Dyah     Anggota         1. Sertifikasi Dasar Komisaris   1. 28 Maret |          1. PT. Sertifikasi Profesi
             Sitawati       Member                                              March 2024 dan         Pembiayaan
                                                                                Offline (Jakarta)      Indonesia
                                            2. Training AML CFT dan ABC      2. 12 November |       2. PT Bank Maybank
                                               (APU PPT)                        November 2024          Indonesia Tbk
                                                                                dan Online

      3.     Steffano       Anggota         1. Training Sertifikasi          1. 29 Januari |        1. Maisa Edukasi
             Ridwan         Member             Manajemen Risiko BOD             January 2024
                                               Jenjang 7                        dan Online




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Organ Pendukung Direksi
Supporting Organs of the Board of Directors


Komite Manajemen Risiko                                   Risk Management Committee

Pembentukan Komite Manajemen Risiko untuk                 Risk Management Committee assists the Board of
membantu Direksi menerapkan kebijakan manajemen           Directors in implementing risk management policies
risiko dan mengelola seluruh eksposur risiko yang         and managing all risk exposures faced by the
dihadapi Perseroan. Komite Manajemen Risiko juga          Company. The Risk Management Committee also
berperan dalam memastikan ketepatan tanggapan             plays a role in ensuring the accuracy of management
manajemen terhadap temuan dan rekomendasi dari            responses to the findings and recommendations of
auditor internal, auditor eksternal serta regulator       the internal auditors, external auditors and regulators
beserta tingkat efektivitas dari tindak lanjut terhadap   as well as the level of effectiveness of the follow-up
temuan.                                                   to the findings.

Pedoman Kerja Komite Manajemen Risiko                     The Risk Management Committee Charter
Komite Manajemen Risiko telah memiliki Pedoman            The Risk Management Committee has a charter
Kerja yang ditetapkan berdasarkan Surat Edaran No.        established based on Circular No. SE.2015.047/PREDI-
SE.2015.047/PREDI-BIIFC tentang Pedoman Penerapan         BIIFC concerning Guidelines for the Implementation
Manajemen Risiko yang kemudian diperbaharui pada          of Risk Management which later updated in 2021 and
tahun 2021 dan ditegaskan kembali pada tahun 2024         reaffirmed in 2024 in the Risk Management Framework
di dalam SOP Kerangka Kerja Manajemen Risiko.             SOP.

Tugas, Tanggung Jawab dan Wewenang Komite                 Duties, Responsibilities and Authorities of The
Manajemen Risiko                                          Risk Management Committee
Tugas dan tanggung jawab Komite Manajemen Risiko          Duties and responsibilities of the Risk Management
yaitu:                                                    Committee, namely:
1. Menerapkan Manajemen Risiko secara efektif, baik       1. Implementing Risk Management effectively, both
   untuk perusahaan secara individual maupun                 for individual companies and for companies in
   untuk perusahaan secara konsolidasi dengan                consolidation with the Parent Company.
   Induk Perusahaan.
2. Memberikan rekomendasi kepada direktur utama,          2. Providing recommendations to the president
   yang paling sedikit mencakup:                             director, which at least includes:
   a. Penyusunan kebijakan, strategi, dan pedoman            a. Formulation of policies, strategies, and guidelines
       penerapan Manajemen Risiko;                               for the implementation of Risk Management;
   b. Perbaikan atau penyempurnaan pelaksanaan               b. Improvement or improvement of the
       Manajemen Risiko berdasarkan hasil evaluasi               implementation of Risk Management based
       pelaksanaan Manajemen Risiko; dan                         on the results of the evaluation of the
                                                                 implementation of Risk Management; and
   c. Penetapan hal-hal yang terkait dengan                  c. Determination of matters related to business
      keputusan bisnis yang menyimpang dari                      decisions that deviate from normal procedures.
      prosedur normal.

Sedangkan, wewenang Komite Manajemen Risiko               The authority of the Risk Management Committee
antara lain:                                              includes, among others:
1. Menentukan batasan-batasan kredit;                     1. Specifying credit limits;
2. Memastikan risiko kredit dan komposisi portofolio      2. Ensuring that the credit risk and portfolio
   tetap dalam batasan yang telah ditentukan;                composition remain within the prescribed limits;
3. Memberikan persetujuan terkait kerangka kerja,         3. Approving on the framework, strategies for the
   strategi- strategi untuk risiko kepengurusan, risiko      management risk, governance risk, operational
   tata kelola, risiko operasional, risiko aset dan          risk, asset and liability risk, financing risk, and fund




                                                                                                                        229
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         liabilitas, risiko pembiayaan, dan risiko dukungan           supporting risk;
         dana;
      4. Memberikan persetujuan atas teknik-teknik                 4. Approving general operational techniques; and
         operasional yang umum; dan
      5. Memberikan persetujuan terhadap proses                    5. Approving the process of identifying, analyzing,
         identifikasi, analisis, dan evaluasi risiko.                 and evaluating risks.

      Komposisi Komite Manajemen Risiko                            Composition of the Risk Management Committee
      Susunan keanggotaan Komite Manajemen Risiko per              The composition of the Risk Management Committee
      31 Desember 2024 sebagai berikut:                            as of December 31, 2024 is as follows:


             Nama                       Posisi                 Keterangan                   Dasar Pengangkatan
             Name                      Position                   Note                   Legal Basis of Appointment

       Alexander            Ketua Komite Manajemen         Presiden Direktur    Pembentukan Komite Manajemen Risiko
                            Risiko                         President Director   tanggal 21 Januari 2016
                            Chairperson of Risk                                 Establishment of the Risk Management
                            Management Committee                                Committee on January 21, 2016

       Arief Soerendro      Anggota Komite                 Direktur             Pembentukan Komite Manajemen Risiko
                            Manajemen Risiko               Director             tanggal 21 Januari 2016
                            Member of Risk                                      Establishment of the Risk Management
                            Management Committee                                Committee on January 21, 2016

       Miki Effendi Lim     Anggota Komite                 Direktur             Pembentukan Komite Manajemen Risiko
                            Manajemen Risiko               Director             tanggal 21 Januari 2016
                            Member of Risk                                      Establishment of the Risk Management
                            Management Committee                                Committee on January 21, 2016

       Arthur Oktavianus    Anggota Komite                 Risk Management      Pembentukan Komite Manajemen Risiko
       Senduk               Manajemen Risiko               Division Head        tanggal 21 Januari 2016
                            Member of Risk                                      Establishment of the Risk Management
                            Management Committee                                Committee on January 21, 2016



      Pelaksanaan Tugas Komite Manajemen Risiko                    Duties Implementation of the Risk Management
      Tahun 2024                                                   Committee in 2024
      Pada tahun 2024, Komite Manajemen Risiko telah               In 2024, the Risk Management Committee has carried
      menjalankan tugas, tanggung jawab, serta                     out its duties, responsibilities and authorities by
      wewenangnya dengan melakukan:                                carrying out:
      1. Melakukan assessment terkait dengan tingkat               1. Conducting an assessment related to the
         kesehatan perusahaan dengan menggunakan                       company's health level using a 4-pillar approach,
         pendekatan 4 pilar yaitu tata kelola perusahaan               namely good corporate governance, risk profile,
         yang baik, profil risiko, rentabilitas, dan permodalan;       profitability, and capital;
      2. Menginformasikan hasil tinjauan ulang risk appetite       2. Provide information on the results of the risk
         (ambang batas untuk risiko kredit);                           appetite review (threshold for credit risk);
      3. Menginformasikan penyesuaian limit wewenang               3. Provide information on adjustments to the limit
         pembiayaan; dan                                               on financing authority; and
      4. Menginformasikan terkait kondisi portofolio               4. Provide information related to the Company's
         perusahaan setiap bulannya.                                   portfolio every month.




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Rapat Komite Manajemen Risiko                            Meetings of the Risk Management Committee
Sesuai ketentuan dalam Pedoman Kerja Komite              In accordance with the provisions in the Risk
Manajemen Risiko, Komite Manajemen Risiko wajib          Management Committee Work Guidelines, the Risk
melakukan rapat paling kurang 4 kali dalam 1 tahun.      Management Committee is required to convene
                                                         meeting at least 4 times a year.

Pada tahun 2024, Komite Manajemen Risiko telah           In 2024, the Risk Management Committee held 4
menyelenggarakan rapat sebanyak 4 kali dengan            meetings with attendance levels as follows:
tingkat kehadiran sebagai berikut:


           Nama                Jabatan pada Komite            Kehadiran Rapat              Jumlah Rapat
           Name              Position in the Committee       Meeting Attendance          Number of Meetings

 Alexander                Ketua
                                                                       4                              4
                          Chairperson

 Arief Soerendro          Anggota dengan hak suara
                                                                       4                              4
                          Member with voting rights

 Miki Effendi Lim         Anggota dengan hak suara
                                                                       4                              4
                          Member with voting rights

 Arthur Oktavianus        Anggota dengan hak suara
                                                                       4                              4
 Senduk                   Member with voting rights




Sekretaris Perusahaan
Corporate Secretary

Sekretaris Perusahaan merupakan pihak penghubung         The Corporate Secretary serves as the liaison that
yang menjembatani berbagai kepentingan antara            bridges various interests between the Company and
Perseroan dengan pihak eksternal, terutama dalam         external parties, especially in maintaining public
menjaga persepsi publik atas citra Perseroan. Sebagai    perceptions of the Company's image. As one of the
salah satu organ pendukung, Sekretaris Perusahaan        supporting organs, the Corporate Secretary plays an
berperan penting dalam memfasilitasi komunikasi          important role in facilitating communication between
antar organ Perseroan, hubungan antara Perseroan         the Company's organs, the relationship between the
dengan Pemegang Saham, regulator, dan pemangku           Company and Shareholders, regulators and other
kepentingan lainnya serta memastikan kepatuhan           stakeholders and ensuring the Company's compliance
Perseroan terhadap peraturan perundang-undangan          with laws and regulations in the capital market.
di bidang pasar modal.



Pedoman Kerja Sekretaris Perusahaan                      Corporate Secretary Charter

Sekretaris Perusahaan menjalankan fungsi, tugas,         The Corporate Secretary carries out functions, duties
dan tanggung jawab dengan berpedoman pada                and responsibilities based on the Financial Services
Peraturan Otoritas Jasa Keuangan No. 35/POJK.04/2014     Authority Regulation No. 35/POJK.04/2014 concerning
tentang Sekretaris Perusahaan Emiten atau Perusahaan     the Corporate Secretary of Issuers or Public Companies
Publik serta mengacu pada Anggaran Dasar                 and refers to the Company's Articles of Association.
Perseroan.




                                                                                                                  231
Page 232
      Tugas dan Tanggung Jawab Sekretaris                    Duties and Responsibilities of the
      Perusahaan                                             Corporate Secretary

      Pelaksanaan tugas dan tanggung jawab Sekretaris        The implementation of duties and responsibilities of
      Perusahaan mengacu pada Anggaran Dasar                 the Corporate Secretary refers to the Articles of
      Perseroan. Berikut uraian tugas dan tanggung jawab     Association of the Company. The following is a
      yang diemban oleh Sekretaris Perusahaan:               description of the duties and responsibilities carried
                                                             out by the Corporate Secretary:
      1. Mengikuti perkembangan pasar modal terutama         1. Keeping abreast of capital market developments,
         pada peraturan-peraturan yang berlaku dalam            especially in the regulations applicable in the
         bidang pasar modal;                                    capital market;
      2. Memberikan saran kepada Direksi terkait ketentuan   2. Providing advices to the Board of Directors regarding
         Undang- Undang No.8 tahun 1995 tentang Pasar           the provisions of Law No.8 of 1995 concerning the
         Modal dan peraturan pelaksanaannya; dan                Capital Market and its implementing regulations;
                                                                and
      3. Menjadi penghubung antara Perseroan dengan          3. Acting as a liaison between the Company and
         Otoritas Jasa Keuangan dan masyarakat.                 the Financial Services Authority and the public.



      Pelaksanaan Tugas Sekretaris                           Implementation of Duties of the
      Perusahaan                                             Corporate Secretary

      Sepanjang tahun 2024, Sekretaris Perusahaan telah      Throughout 2024, the Corporate Secretary has carried
      melaksanakan tugas dan tanggung jawab berikut:         out the following duties and responsibilities:
      1. Menyusun laporan tahunan 2024;                      1. Preparing the 2024 annual report;
      2. Mengelola penyelenggaraan dan publikasi RUPS;       2. Managing the implementation and publication
         dan                                                    of the GMS;and
      3. Menjaga hubungan baik dengan regulator, media,      3. Maintaining good relations with regulators, media,
         maupun pemangku kepentingan lainnya.                   and other stakeholders.



      Pengembangan Kompetensi Sekretaris                     Competency Development of the
      Perusahaan                                             Corporate Secretary

      Perseroan memiliki kebijakan terkait pengembangan      The Company has policies related to the development
      dan peningkatan kompetensi bagi Sekretaris             and enhancement of competence for the Corporate
      Perusahaan yang dilakukan melalui berbagai pelatihan   Secretary through various training and education at
      dan pendidikan dengan pendanaan sepenuhnya             the expenses of the Company.
      menjadi tanggung jawab Perseroan.




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Selama tahun 2024, Sekretaris Perusahaan telah mengikuti   During 2024, the Corporate Secretary has participated
program pelatihan dan pendidikan sebagai berikut:          in the following training and education programs:


                                                                      Tanggal dan Tempat
         Nama           Jabatan                Pelatihan                                              Penyelenggara
 No.                                                                        Pelatihan
         Name           Position                Training                                                Organizer
                                                                     Training Date and Place

 1.    Arief         Sekretaris       1. Webinar : Connecting        1. 11 Januari | January        1. OJK (Otoritas
       Soerendro     Perusahaan          The Dots                       2024 dan Online                Jasa
                     Corporate                                                                         Keuangan)
                     Secretary        2. Webinar Outlook Ekonomi     2. 22 Februari 2024 dan        2. OJK (Otoritas
                                          dan Keuangan di Tahun         Online                         Jasa
                                          2024                                                         Keuangan)
                                      3. Webinar : Strategi          3. 29 Februari | February      3. OJK (Otoritas
                                          Mencegah Serangan             2024 dan Online                Jasa
                                          Siber                                                        Keuangan)
                                      4. Webinar : Peluang dan       4. 30 Mei | May 2024 dan       4. OJK (Otoritas
                                          Tantangan Pelindungan         Online                         Jasa
                                          Data Pribadi dalam                                           Keuangan)
                                          Transaksi di Era Digital
                                      5. Pertemuan APPI terkait      5. 16 Oktober | October        5. APPI (Asosiasi
                                          Rencana Pengembangan          2024 dan Online                Perusahaan
                                          Perusahaan Pembiayaan                                        Pembiayaan
                                          Syariah                                                      Indonesia)
                                      6. Webinar : EV Insurance,     6. 31 Oktober | October        6. OJK (Otoritas
                                          International Best            2024 dan Online                Jasa
                                          Practices for Innovation                                     Keuangan)
                                          of New Energy Products
                                          and Services
                                      7. Training AML CFT dan ABC    7. 12 November |               7. PT Bank
                                          (APU PPT)                      November dan Online           Maybank
                                                                                                       Indonesia Tbk




                                                                                                                        233
Page 234
      Unit Audit Internal
      Internal Audit Unit


      Audit Internal merupakan perangkat Direksi yang         Internal Audit is a corporate organ under the Board
      membantu menjalankan aktivitas assurance serta          of Directors that assists the Board of Directors in
      konsultasi atas efektivitas proses manajemen risiko,    carrying out assurance activities and provides
      pengendalian internal, dan tata kelola perusahaan.      consulting services on the effectiveness of risk
      Hal tersebut dilaksanakan dengan memberikan             management processes, internal control, and
      konsultasi independen yang dirancang guna               corporate governance. This is done by providing
      menambah nilai dan meningkatkan operasi                 independent consultations designed to add value
      Perseroan.                                              and enhance the Company's operations.



      Pedoman Kerja Audit Internal                            Internal Audit Charter

      Internal Perseroan telah membentuk Piagam Audit         The Company has established an Internal Audit
      Internal yang telah disetujui oleh Dewan Komisaris      Charter that has been approved by the Board of
      dan ditetapkan oleh Presiden Direktur pada 25 Juli      Commissioners and established by the President
      2022. Piagam Audit Internal berfungsi sebagai acuan     Director on July 25, 2022. The Internal Audit Charter
      atau pedoman Unit Audit Internal dalam melaksanakan     serves as a reference or guideline for the Internal
      tugas, dan tanggung jawabnya.                           Audit Unit in carrying out its duties and responsibilities.



      Visi Unit Audit Internal                                Vision of the Internal Audit Unit

      Menjadi unit kerja yang mampu meminimalisir             To be a capable work unit to minimize the practice
      terjadinya praktik kecurangan dengan menjalankan        of fraud by carrying out risk-based audits.
      pemeriksaan berbasis risiko.



      Misi Unit Audit Internal                                Mission of the Internal Audit Unit

      Unit Audit Internal memiliki misi, yaitu melaksanakan   The Internal Audit Unit has a mission, which is to carry
      pemeriksaan berbasis risiko terhadap setiap unit        out risk-based audits on each work unit and ensure
      kerja dan memastikan setiap hasil pemeriksaan akan      that each audit result will be followed up in the form
      ditindaklanjuti dalam bentuk perbaikan kebijakan        of continuous policy improvement.
      berkelanjutan.



      Tugas, Tanggung Jawab, dan Wewenang                     Duties, Responsibilities, and Authorities
      Unit Audit Internal                                     of the Internal Audit Unit

      Tugas dan tanggung jawab Kepala Audit Internal          The Head of Internal Audit Unit has the duties and
      meliputi:                                               responsibility to:
      1. Membuat perencanaan audit tahunan berdasarkan        1. Develop an annual audit plan based on risk-based
         pendekatan risiko (risk-based approach), termasuk       approach, including any risks and control concerns
         risiko dan kontrol yang menjadi perhatian               identified by management and regulators. The
         Manajemen dan regulator. Rencana audit tahunan          annual audit plan must be approved by the
         harus disetujui oleh Direktur Utama dan Dewan           President Director and the Board of Commissioners
         Komisaris dengan mempertimbangkan                       by considering the Audit Committee’s
         rekomendasi Komite Audit.                               recommendation.



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2. Melaksanakan rencana audit tahunan yang telah       2. Implement the annual audit plan as approved,
   disetujui, termasuk melaksanakan penugasan             including carrying any special assignments as
   khusus atas permintaan Direktur Utama dan Dewan        requested by the President Director and the Board
   Komisaris.                                             of Commissioners.
3. Membuat laporan hasil pemeriksaan audit dan         3. Provide internal audit report and submit it to Board
   menyampaikan kepada Direksi dengan tembusan            of Directors with copies to The Board of
   kepada Dewan Komisaris, Komite Audit, dan Kepala       Commissioners, the Audit Committee and related
   Unit Kerja terkait.                                    work unit head.
4. Melakukan pemantauan dan evaluasi atas              4. Monitoring and evaluating the adequacy of follow-
   kecukupan tindak lanjut hasil audit oleh Auditee       up actions taken by auditee on the audit results
   dan menyampaikan laporan kepada Direksi, Dewan         and Submitting report to the Board of Directors,
   Komisaris, dan Komite Audit.                           the Board of Commissioner, and the Audit
                                                          Committee.
5. Berkoordinasi dengan audit internal dalam hal,      5. Coordinate with internal audit in the following
    sebagai berikut:                                      matters:
    • Memastikan dilakukannya alih pengetahuan            • Ensure transfer of knowledge between external
        antara pihak eksternal kepada anggota Audit          parties to Internal Audit members.
        Internal.
    • Memastikan jasa pihak eksternal tidak                 •  Ensure external party services do not affect
        mempengaruhi independensi dan objektivitas             the independence and objectivity of Internal
        fungsi Audit Internal dan mematuhi Piagam              Audit function and comply with internal audit
        Internal Audit.                                        charter.
6. Menyampaikan temuan audit terkait pelaksanaan       6.   Communicate audit findings related to the
    pemenuhan prinsip syariah kepada Dewan                  implementation of compliance with sharia
    Pengawas Syariah.                                       principles to the Sharia Supervisory Board.
7. Berperan sebagai konsultan bagi perusahaan          7.   Acting as a Consultant for the Company, i.e by
    antara lain dengan memberikan tanggapan atas            providing inputs on the draft of policy, system,
    usulan kebijakan, sistem, dan prosedur untuk            and procedures to ensure adequate internal
    memastikan kecukupan pengendalian internal.             control.
8. Menjaga profesionalisme Auditor Internal melalui    8.   Maintain the professionalism of Internal Auditor
    program pendidikan berkelanjutan seperti program        through continuing education programs such as
    sertifikasi untuk melengkapi pengetahuan dan            certifications program to complement the Internal
    keterampilan Auditor Internal yang sesuai dengan        Auditor’s knowledge and skills that are relevant
    kompleksitas dan kegiatan usaha perusahaan.             with Company’s business activities and complexity.
9. Membuat program penjaminan mutu (quality            9.   Establish a quality assurance program to evaluate
    assurance program) untuk mengevaluasi dan               and assure the quality of operations of Internal
    menjamin mutu kegiatan operasional Auditor              Auditor activities.
    Internal.
10. Mengembangkan metodologi audit secara              10. Develop an audit methodology on an ongoing
    berkesinambungan untuk meningkatkan efisiensi          basis to improve the efficiency and effectiveness
    dan efektivitas kinerja Audit Internal.                of Internal Audit performance.
11. Menyusun dan mengkaji Piagam Audit Internal.       11. Establish and review internal audit charter.
12. Jika diperlukan, sesuai dengan kebutuhan           12. If necessary, in accordance with the inspection
    pemeriksaan dan dengan pertimbangan tertentu,          requirements and with certain considerations, the
    Kepala Audit Internal dapat melakukan perubahan        Head of Internal Audit can make changes to the
    rencana audit tahunan selama tidak mengurangi          annual audit plan as long as it does not reduce
    jumlah pemeriksaan yang sudah ditentukan pada          the number of inspections that have been
    perencanaan audit tahunan.                             determined in the annual audit planning.




                                                                                                                 235
Page 236
      13. Jika diperlukan, sesuai dengan kebutuhan          13. If necessary, according to the needs of the
          pemeriksaan dan dengan pertimbangan tertentu,         examination and with certain considerations, the
          Kepala Auditor Internal dapat menambahkan             Head of Internal Audit can add auditors and / or
          auditor dan/atau waktu pemeriksaan apabila            examination time if there are indications of
          terdapat indikasi permasalahan yang memerlukan        problems that require further deepening but the
          pendalaman lebih lanjut namun jumlah tim audit        number of audit teams and / or examination time
          dan/atau waktu pemeriksaannya sudah tidak             is insufficient.
          mencukupi.

      Sedangkan, wewenang Unit Audit Internal yaitu:        The authority of the Internal Audit Unit includes:
      1. Memiliki akses tidak terbatas pada semua fungsi,   1. Having unlimited access to all functions, documents,
         dokumen, karyawan, dan aset yang berkaitan            employees, and assets related to the audit without
         dengan pelaksanaan audit tanpa campur tangan          interference from any party;
         dari pihak manapun;
      2. Melakukan komunikasi secara langsung dengan        2. Communicating directly with Board of Directors,
         Direksi, Dewan Komisaris dan/atau Komite Audit;       Board of Commissioners, and/or Audit Committee
                                                               and member of Board of Directors, Board of
                                                               Commissioners, and/or Audit Committee;
      3. Mengadakan rapat yang sifatnya berkala dan         3. Holding regular and incidental meetings with
         insidentil dengan Direksi, Dewan Komisaris, dan/      Board of Directors, Board of Commissioners, and/
         atau Komite Audit;                                    or Audit Committee;
      4. Mengalokasi seluruh sumber daya, menentukan        4. Allocating all resources, specifying the audit
         jadwal audit, memilih objek yang akan diaudit,        schedule, selecting the object to be audited,
         menyusun jadwal audit (dengan atau tanpa              arranging an audit schedule (with or without
         pemberitahuan kepada pihak yang diaudit),             notice to the audited party), determining the
         menetapkan frekuensi audit, dan ruang lingkup         frequency and scope of the audit;
         audit;
      5. Bekerja dengan bebas tanpa campur tangan           5. Working without interference or pressure from any
         ataupun tekanan dari pihak manapun dan memiliki       party and possessing the authority to determine
         kewenangan dalam menentukan metodologi,               audit methodology, technique, and approach
         teknik, dan pendekatan audit yang digunakan;          used;
      6. Melakukan koordinasi kegiatan audit dengan         6. Coordinating audit activities with external auditors’
         kegiatan auditor eksternal;                           activities;
      7. Mewawancarai pihak-pihak yang dianggap             7. Interviewing parties considered to be related to
         berkaitan dengan kegiatan yang diaudit;               the audited activity;
      8. Melakukan inspeksi ke tempat konsumen (on-site     8. Conducting on-site inspection in order to ensure
         inspection) dalam rangka memastikan kebenaran         the accuracy of the data being audited or to verify
         data yang diaudit atau untuk memverifikasi data       data on the audit findings; and
         temuan audit; dan
      9. Jika diperlukan, auditor internal dapat meminta    9. If deemed necessary, internal auditors can ask
         pendapat tenaga ahli dari dalam maupun luar           for opinions from experts who are from inside and
         Perseroan.                                            outside the Company.




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Struktur dan Kedudukan Unit Audit                         Structure and Position of the Internal
Internal                                                  Audit Unit

Unit Audit Internal dipimpin oleh seorang Kepala Audit    The Internal Audit Unit is led by the Head of Internal
Internal, yang diangkat dan diberhentikan oleh Presiden   Audit, who is appointed and dismissed by the President
Direktur dengan persetujuan Dewan Komisaris. Kepala       Director with the approval of the Board of Commissioners.
Audit Internal bertanggung jawab langsung kepada          The Head of Internal Audit reports directly to the Board
Dewan Komisaris dan Presiden Direktur. Dalam              of Commissioners and the President Director. In carrying
menjalankan tugasnya, setiap personil Audit Internal      out its duties, each Internal Audit member complies
patuh terhadap Standar Pelaksanaan Profesional            with the Professional Implementation Standards of
dari The Institute of Internal Auditors.                  The Institute of Internal Auditors.

Sampai akhir tahun 2024, Unit Audit Internal didukung     As of the end of 2024, the Internal Audit Unit is supported
oleh 11 personil dengan komposisi sebagai berikut:        by 11 personnel with the following composition:


                                    Jabatan                                             Jumlah Personil
                                    Position                                            Total Personnel

 Kepala Unit Audit Internal | Head of Internal Audit                                              1

 Audit Supervisor | Audit Supervisor                                                              1

 Information & Communication Technology Audit Supervisor
                                                                                                  1
 Information & Communication Technology Audit Supervisor

 Staf Quality Asssurance & Methodology Audit
                                                                                                  1
 Staf Quality Asssurance & Methodology Audit

 Staf Audit | Audit Staff                                                                         6

 Staf Audit ICT | ICT Audit Staff                                                                 1

 Jumlah | Total                                                                                  11


Independensi Unit Audit Internal                          Independence of the Internal Audit Unit

Seluruh anggota Unit Audit Internal Perseroan adalah      All members of the Company’s Internal Audit Unit are
individu yang profesional dan tidak memiliki hubungan     professional individuals and have no relations with
dengan Perseroan guna menjaga independensi                the Company to maintain their independence in
dalam menjalankan tugas, dan tanggung jawabnya            implementing their duties and responsibilities. In
masing-masing. Pada pelaksanaan tugas dan                 carrying out its duties and responsibilities, the Internal
tanggung jawabnya, Unit Audit Internal merencanakan,      Audit Unit plans, executes, and reports its audit duties
melaksanakan, dan melaporkan tugas auditnya               freely and independently, without being influenced
secara bebas dan mandiri, tanpa dipengaruhi               by any interests but with consideration of
kepentingan manapun sesuai dengan pertimbangan            professionalism and applicable audit standards and
profesionalisme dan standar audit yang berlaku serta      based on available evidence and facts.
berdasarkan bukti dan fakta yang ada.

Pertanggungjawaban Unit Audit Internal                    Accountability of the Internal Audit Unit
Pelaksanaan tugas Kepala Audit Internal harus             The implementation of the Head of Internal Audit Unit
dipertanggungjawabkan kepada Presiden Direktur            duties must be accounted to the President Director
dan Dewan Komisaris dengan:                               and the Board of Commissioners by:




                                                                                                                        237
Page 238
      1. Melaksanakan evaluasi tahunan terhadap                  1. Evaluating annually the adequacy and effectiveness
         kecukupan dan keefektifan proses organisasi                of the organization’s processes in controlling its
         untuk mengendalikan aktivitasnya dan mengelola             activities and managing risks in areas within its
         risiko di bidang yang menjadi cakupannya;                  scope;
      2. Melaporkan isu signifikan terkait proses                2. Reporting important issues related to the process
         pengendalian aktivitas organisasi, termasuk potensi        of controlling organizational activities, including
         perbaikan dalam prosesnya, dan memberikan                  potential improvements in the process, and
         informasi yang berfokus pada resolusi isu;                 providing information that focuses on issue
                                                                    resolution;
      3. Memberikan informasi terkait status dan hasil           3. Providing information related to the status and
         perencanaan audit tahunan serta kecukupan                  results of annual audit planning and the adequacy
         sumber daya audit internal yang dilakukan secara           of internal audit resources conducted regularly;
         berkala; dan                                               and
      4. Melakukan koordinasi serta pengawasan atas              4. Coordinating and supervising other controls and
         kontrol lainnya dan fungsi monitoring terhadap             monitoring functions on risk management,
         manajemen risiko, kepatuhan, hukum, dan audit              compliance, law, and external audit.
         eksternal.



      Ruang Lingkup Pekerjaan Unit Audit                         Scope of Work of the Internal Audit Unit
      Internal

      Ruang lingkup pekerjaan Audit Internal Perseroan           Scope of work of the Company’s Internal Audit Unit
      mencakup penilaian atas kecukupan struktur                 covers evaluation of adequacy of internal control
      pengendalian internal, efektivitas pengelolaan risiko,     structure, effectiveness of risk management, and
      dan proses tata kelola yang dirancang dan                  governance process already designed and is
      diimplementasikan oleh manajemen pada seluruh              implemented by the Management in the whole
      aktivitas di perusahaan.                                   operations of the Company.

      Audit Internal bertugas untuk meyakinkan:                  Internal Audit is to assure:
      1. Risiko telah diidentifikasi dan dikelola secara tepat   1. Risks are appropriately identified and managed
         melalui evaluasi atas kecukupan proses manajemen            by evaluating on the adequacy of the risk
         risiko.                                                     management process.
      2. Kebenaran dan keutuhan informasi keuangan               2. The accuracy and integrity of financial and
         dan operasional dengan melakukan evaluasi                   operational information by evaluating the
         kecukupan, efektivitas, dan efisiensi pengendalian          adequacy, effectiveness, and efficiency of financial
         pada bidang keuangan dan operasional dalam                  and operating controls in relations to the risks
         hubungannya dengan risiko yang teridentifikasi,             identified and ensure that internal controls are
         serta meyakinkan bahwa pengendalian internal                recommended and implemented to prevent fraud,
         telah direkomendasikan dan diimplementasikan                embezzlement, and misuse of assets.
         untuk mencegah penipuan, penggelapan, dan
         penyalahgunaan aset.
      3. Sumber daya diperoleh secara ekonomis, digunakan        3. Resources are acquired economically, used
         secara efisien serta dijaga dengan baik.                   efficiently, and adequately protected.
      4. Tindakan karyawan sesuai dengan kebijakan,              4. Employee’s actions are in compliance with policies,
         prosedur, hukum, dan peraturan yang berlaku.               procedures, laws, and regulations.
      5. Program, rencana, dan sasaran dapat tercapai            5. Programs, plans, and objectives are achieved
         secara efektif dan efisien.                                effectively and efficient.



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                                                                                         Good Corporate Governance




6. Peraturan yang berpengaruh secara signifikan             6. Regulatory issues that significantly impacting the
   terhadap perusahaan, diketahui dan ditangani                Company are recognized and addressed properly.
   secara tepat.
7. Kecukupan dan efektivitas kontrol terhadap               7. Adequacy and effectiveness of control for
   kegiatan alih daya yang dilakukan oleh penyedia             outsourcing activities that are performed by
   jasa alih daya.                                             vendors.



Kualifikasi dan Sertifikasi Unit Audit                      Qualification and Certification of the
Internal                                                    Internal Audit Unit

Guna mendukung ketepatan dan kebenaran                      To support the accuracy and correctness of the
pelaksanaan tugas, personil Unit Audit Internal didorong    implementation of duties, personnel of Internal Audit
untuk memiliki sertifikasi keahlian sebagai berikut:        Unit are encouraged to have the following expertise
                                                            certifications:


          Jabatan             Jumlah Personil                   Sertifikasi                          Penyelenggara
          Position            Total Personnel                  Certification                           Organizer

 Kepala Unit Audit Internal          1          1. Sertifikasi Dasar Pembiayaan –                1. PT Sertifikasi Profesi
 Head of Internal Audit                            Managerial                                       Pembiayaan
                                                2. Certified Internal Auditor Training              Indonesia (SPPI)
                                                   Course Information Security                   2. PT CBQA Global
                                                   Management Systems – ISO/IEC                     Indonesia
                                                   27001:2022

 Audit Supervisor                    1          Certified Internal Auditor Training Course       PT CBQA Global
 Audit Supervisor                               Information Security Management                  Indonesia
                                                Systems – ISO/IEC 27001:2022

 Information, and                    1          Certified Information Technology Audit           PT Motekar Edukasi
 Communication                                  Professional (CITAP)                             Indonesia
 Technology Audit
 Supervisor
 Information, and
 Communication
 Technology Audit
 Supervisor

 Staf Quality Assurance &            1          1. Certified Risk Based Audit Professional       PT Motekar Edukasi
 Methodology Audit                                 (CRBAP)                                       Indonesia
 Quality Assurance &                            2. Certified Internal Audit Professional
 Methodology Audit - Staff                         (CIAP)

 Staf Audit                          1          Certified of Risk Management Level 1             Badan Sertifikasi
 Audit Staff                                                                                     Manajemen Risiko
                                                                                                 (BSMR)

 Staf Audit ICT                      1          1. Certified Information Technology Audit        1. PT Motekar Edukasi
 ICT Audit Staff                                   Professional (CITAP)                             Indonesia
                                                2. Certified Internal Auditor Training           2. PT CBQA Global
                                                   Course Information Security                      Indonesia
                                                   Management System - ISO/IEC
                                                   27001:2022




                                                                                                                             239
Page 240
      Pelaksanaan Tugas Unit Audit Internal                  Implementation of Duties of the Internal
      Tahun 2024                                             Audit Unit in 2024

      Sepanjang tahun 2024, Unit Audit Internal telah        Throughout 2024, the Internal Audit Unit conducted
      melaksanakan audit sebanyak 70 penugasan yang          70 audits consisting of:
      terdiri dari:
      1. 66 Penugasan Audit Reguler                          1.       66 Regular Audit Assignments
      2. 2 Penugasan Surprise Audit                          2.       2 Surprise Audit Assignments
      3. 1 Penugasan Audit Tematik                           3.       1 Thematic Audit Assignment
      4. 1 Penugasan Khusus                                  4.       1 Special Assignment

      Hasil pemantauan atas hasil temuan audit dan tindak    The results of monitoring on the results of audit
      lanjut dari audit yang telah dijalankan ditunjukkan    findings and the follow-up of the audits that have
      sebagai berikut:                                       been carried out are shown as follows:


                                                                       Selesai                  Belum Selesai
                                          Jumlah
                                                                      Completed                 Not Completed
                                        Temuan Audit
                        Audit
                                         Total Audit
                                                            Jumlah                          Jumlah
                                          Findings                                %                            %
                                                             Total                           Total

       Audit Kantor Pusat
                                              18              18                100%           0               0%
       Head Office Audit

       Audit Kantor Cabang
                                             146             144               98.63%          2              1.37%
       Branch Office Audit

       Audit Kantor Perwakilan
                                              28              28                100%           0               0%
       Representative Office Audit

       Audit ICT                              11              8                72.72%          3             27.28%

       Surprise Audit                         5               5                 100%           0               0%

       Audit Tematik
                                              4               0                   0%           4              100%
       Thematic Audit

       Audit Khusus
                                              1                   1             100%           0               0%
       Special Audit



      Rapat Unit Audit Internal                              Meetings of the Internal Audit Unit

      Dalam melaksanakan tugasnya, unit audit internal       In carrying out its duties, the internal audit unit conducts
      melakukan rapat:                                       meetings:
       Rapat dengan tim audit internal sebanyak 12 kali      Meetings with the internal audit team 12 times to
         untuk membahas progres dan realisasi pelaksanaan        discuss the progress and realization of audit
         audit selama tahun 2024 beserta temuan audit            implementation during 2024 along with audit
         dan tindak lanjutnya.                                   findings and follow-up.
       Rapat dengan Dewan Komisaris, Direksi dan Komite      Meetings with the Board of Commissioners, Board
         Audit sebanyak 4 kali untuk membahas realisasi          of Directors and Audit Committee 4 times to
         hasil pemeriksaan dibandingkan dengan rencana           discuss the realization of audit results compared
         pemeriksaan selama tahun 2024 beserta temuan            to the audit plan during 2024 along with audit
         audit dan tindak lanjutnya.                             findings and follow-up.




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                                                                                    Good Corporate Governance




Pengembangan Kompetensi Unit Audit                        Competence Development of the Internal
Internal                                                  Audit Unit

Perseroan memiliki kebijakan terkait pengembangan         The Company has policies regarding the development
dan peningkatan kompetensi bagi Unit Audit Internal       and improvement of competencies for the Internal
yang dilakukan melalui berbagai pelatihan dan             Audit Unit, which is carried out through various training
pendidikan. Selama tahun 2024, Unit Audit Internal        and education programs. During 2024, the Internal
telah mengikuti program pelatihan dan pendidikan          Audit Unit has participated in the following training
sebagai berikut:                                          and education programs:


           Pelatihan/ Seminar          Tempat       Penyelenggara              Peserta                   Tanggal
 No
           Training/ Seminar           Location       Organizer              Participants                 Date

 1    Get to Know the New Global      Online       Institute of        1. Subhan Kamal              25 Januari 2024
      Internal Audit Standards                     Internal Auditors   2. Bima Febrian Baskoro      January 25, 2024
                                                   (IIA) Global        3. Eko Sigit Santoso

 2    Town Hall Meeting: Highlight    Online       Institute of        1. Subhan Kamal              30 Januari 2024
      of the new Global                            Internal Auditors   2. Bima Febrian Baskoro      January 30, 2024
                                                   (IIA) Indonesia     3. Eko Sigit Santoso

 3    Training Certified Internal     Online       PT CBQA Global      Chana Septiari Oelung        12 Februari 2024
      Auditor ISO/IEC 27001:2022                                                                    February 12, 2024

 4    Pelatihan Penggunaan            Offline at   TY Training         1. Maman Supriyatna          09 Maret 2024
      Bahasa Indonesia yang Baik      PT Maybank   Academy             2. Subhan Kamal              March 9, 2024
      dan Benar                       Indonesia
                                      Finance

 5    Cyber and Technology            Online       Maybank Group       1. Bima Febrian Baskoro      03 April 2024
      Security: Managing a                         Audit Council/      2. Muchdar Rafif Asrul M     April 3, 2024
      Potential Risk - Apprentice                  MGAC (Maybank          A
      Level Programme l Level 2                    Academy-            3. Akbar Septiyani
      Assessment Result                            Malaysia)           4. Chana Septiari
                                                                          Oelung

 6    Fundamental Audit Training      Online       Maybank Group       1. Muchdar Rafif Asrul M     25 April 2024
      for MGA New Joiners - Day 2                  Audit Council/         A                         April 25, 2024
                                                   MGAC (Maybank       2. Chana Septiari
                                                   Academy-               Oelung
                                                   Malaysia)           3. Martinus Dikken A D

 7    ESG Risk: Understanding         Online       Maybank Group       1. Subhan Kamal              09 Mei 2024
      ESG Risk Management                          Audit Council/      2. Bima Febrian Baskoro      May 9, 2024
      (Apprentice Level)                           MGAC (Maybank       3. Eko Sigit Santoso
                                                   Academy-
                                                   Malaysia)

 8    Retail Credit: Application of   Online       Maybank Group       1. Bima Febrian Baskoro      16 Mei 2024
      Data Science & Dynamic                       Audit Council/      2. Andri Virano              May 16, 2024
      Underwriting Approach                        MGAC (Maybank       3. Mochamad Argham
      (Apprentice to Journeyman                    Academy-               Haiqhal
      Level)                                       Malaysia)           4. Chana Septiari
                                                                          Oelung




                                                                                                                        241
Page 242
               Pelatihan/ Seminar        Tempat          Penyelenggara              Peserta                Tanggal
      No
               Training/ Seminar         Location          Organizer              Participants              Date

      9    Marketing 6.0                Offline at PT   PT Maybank          1. Maman Supriyatna        17 Mei 2024
                                        Maybank         Indonesia           2. Subhan Kamal            May 17, 2024
                                        Indonesia       Finance             3. Bima Febrian Baskoro
                                        Finance &                           4. Eko Sigit Santoso
                                        Online                              5. Andri Virano
                                                                            6. Mulia Andre
                                                                            7. Mochamad Argham
                                                                               Haiqhal
                                                                            8. Chana Septiari
                                                                               Oelung

      10   Workshop dengan PWC dan      Online          Pricewaterhouse-    1. Maman Supriyatna        28 Mei 2024
           Bank Maybank Indonesia -                     Coopers             2. Subhan Kamal            May 28, 2024
           Penyusunan ROPA                                                  3. Bima Febrian Baskoro
                                                                            4. Eko Sigit Santoso




      11   Forum Penguatan Fungsi GRC   Online          Otoritas Jasa       1. Maman Supriyatna        07 Juni 2024
           (OJK)                                        Keuangan (OJK)      2. Subhan Kamal            June 7, 2024
                                                                            3. Bima Febrian Baskoro
                                                                            4. Eko Sigit Santoso
                                                                            5. Andri Virano
                                                                            6. Mulia Andre
                                                                            7. Muchdar Rafif Asrul M
                                                                                A
                                                                            8. Akbar Septiyani
                                                                            9. Mochamad Argham
                                                                                Haiqhal
                                                                            10. Chana Septiari
                                                                                Oelung
                                                                            11. Martinus Dikken A D

      12   Foresight: Metodologi dan    Online          Institute of        Maman Supriyatna           11 Juli 2024
           Penggunaannya                                Internal Auditors                              July 11, 2024
                                                        (IIA) Indonesia

      13   Sosialisasi M25+             Online          PT Bank Maybank     1. Maman Supriyatna        19 Juli 2024
                                                        Indonesia Tbk       2. Subhan Kamal            July 19, 2024
                                                                            3. Bima Febrian Baskoro
                                                                            4. Eko Sigit Santoso
                                                                            5. Andri Virano
                                                                            6. Mulia Andre
                                                                            7. Muchdar Rafif Asrul M
                                                                                A
                                                                            8. Akbar Septiyani
                                                                            9. Mochamad Argham
                                                                                Haiqhal
                                                                            10. Chana Septiari
                                                                                Oelung
                                                                            11. Martinus Dikken A D

      14   Unified Insights: Key        Online          Maybank Group       1. Bima Febrian Baskoro    22 Juli 2024
           Takeaways from Credit Risk                   Audit Council/      2. Eko Sigit Santoso       July 22, 2024
           Review                                       MGAC (Maybank
                                                        Academy-
                                                        Malaysia)




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242   2024    Annual Report
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          Pelatihan/ Seminar          Tempat      Penyelenggara           Peserta                   Tanggal
No
          Training/ Seminar           Location      Organizer           Participants                 Date

15   Group Audit Staff Townhall      Online      Maybank Group    1. Maman Supriyatna          08 Agustus 2024
     Meeting 8 August 2024 : Item                Audit Council/   2. Subhan Kamal              August 8, 2024
     5 - Session on M25+ and                     MGAC (Maybank    3. Bima Febrian Baskoro
     Advisory                                    Academy-         4. Eko Sigit Santoso
                                                 Malaysia)        5. Andri Virano
                                                                  6. Mulia Andre
                                                                  7. Muchdar Rafif Asrul M
                                                                      A
                                                                  8. Akbar Septiyani
                                                                  9. Mochamad Argham
                                                                      Haiqhal
                                                                  10. Chana Septiari
                                                                      Oelung
                                                                  11. Martinus Dikken A D

16   Strategi Implementasi Market    Online      Otoritas Jasa    Subhan Kamal                 08 Agustus 2024
     Conduct: Membangun                          Keuangan (OJK)                                August 8, 2024
     Kepercayaan dan
     Meningkatkan Kinerja LJK

17   How to Become The Best          Online      PT Maybank       1. Bima Febrian Baskoro      23 Agustus 2024
     CMO                                         Indonesia        2. Eko Sigit Santoso         August 23, 2024
                                                 Finance          3. Martinus Dikken A D

18   The Future of Data Analytics    Online      Otoritas Jasa    1. Bima Febrian Baskoro      12 September
     in the Financial Industry:                  Keuangan (OJK)   2. Chana Septiari            2024
     Trends and Innovations                                          Oelung                    September 12,
                                                                                               2024

19   Sertifikasi Dasar Manajerial    Offline     PT Sertifikasi   Maman Supriyatna             17-19 September
                                     at Grand    Profesi                                       2024
                                     Orchardz    Pembiayaan                                    September 17-19,
                                     Hotel       Indonesia                                     2024
                                     Rajawali
                                     Kemayoran

20   Kemampuan Negosiasi             Online      PT Maybank       1. Andri Virano              18 Oktober 2024
     Tenaga Penagih dalam                        Indonesia        2. Mulia Andre               October 18, 2024
     Industri Pembiayaan                         Finance          3. Muchdar Rafif Asrul M
                                                                     A
                                                                  4. Mochamad Argham
                                                                     Haiqhal
                                                                  5. Chana Septiari
                                                                     Oelung

21   Bedah Buku: Keamanan Siber      Online      Otoritas Jasa    1. Maman Supriyatna          07 November
     Bank                                        Keuangan (OJK)   2. Subhan Kamal              2024
                                                                  3. Bima Febrian Baskoro      November 7,
                                                                  4. Chana Septiari            2024
                                                                     Oelung

22   Strengthening Financial         Online      Otoritas Jasa    1. Maman Supriyatna          21 November
     Integrity: Advanced                         Keuangan (OJK)   2. Subhan Kamal              2024
     Strategies and Innovations in                                                             November 21,
     Anti-Fraud                                                                                2024




                                                                                                                  243
Page 244
      Sistem Pengendalian Internal
      Internal Control System

      Sistem Pengendalian Internal (SPI) merupakan salah         The Internal Control System (SPI) is one of the components
      satu komponen GCG yang menjadi dasar bagi kegiatan         of GCG that forms the basis for the Company’s healthy
      operasional Perseroan yang sehat dan aman. Kegiatan        and safe operational activities. This SPI activity focuses
      SPI ini berfokus pada aspek-aspek keandalan                on aspects of the reliability of financial reporting,
      pelaporan keuangan, operasional, ketaatan terhadap         operations, compliance with laws and regulations, and
      peraturan perundang-undangan, dan efektivitas              the effectiveness of the implementation of the Company’s
      penerapan kebijakan manajemen Perseroan.                   management policies.

      Dalam pelaksanaannya, kegiatan SPI Perseroan               In its implementation, the Company’s SPI activities
      melibatkan semua pihak mulai dari Dewan Komisaris,         involve all parties starting from the Board of
      Direksi, Unit Audit Internal, seluruh jajaran manajemen,   Commissioners, the Board of Directors, the Internal
      dan pihak eksternal lain yang berkepentingan, di           Audit Unit, all levels of management, and other external
      mana seluruh aktivitas menjadi tanggung jawab              stakeholders, where all activities are the responsibility
      Direksi.                                                   of the Board of Directors.

      SPI didukung oleh seperangkat Standard Operating           SPI is supported by a set of Standard Operating
      Procedure (SOP) yang akan terus disempurnakan              Procedures (SOP) which will continue to be refined
      mengikuti perkembangan operasional melalui hal-            following operational developments through the
      hal sebagai berikut:                                       following matters:
      1. Kecukupan kebijakan dan prosedur;                       1. Adequacy of policies and procedures;
      2. Rekrutmen personel yang kompeten;                       2. Recruitment of competent personnel;
      3. Penyerahan tanggung jawab;                              3. Surender of accountability;
      4. Pemisahan tanggung jawab untuk aktivitas terkait;       4. Separation of responsibility for related activities;
          dan                                                        and
      5. Pemisahan fungsi akuntansi, penyimpanan aset,           5. Separation of accounting, asset storage, and
          serta operasional.                                         operational functions.



      Kesesuaian Sistem Pengendalian                             Conformity of the Internal Control
      Internal dengan Kerangka Committee                         System with the Framework of
      of Sponsoring Organization of Treadway                     Committee of Sponsoring Organization
      Commission (COSO)                                          of Treadway Commission (COSO)
      Perseroan telah menyesuaikan dan mengembangkan             The Company has developed an internal control
      sistem pengendalian internal dengan kerangka yang          system in conformity with a framework published by
      diterbitkan oleh Committee of Sponsoring Organization      the Committee of Sponsoring Organizations on
      on Treadway Commission (COSO). Kerangka tersebut           Treadway Commission (COSO). The framework
      meliputi:                                                  includes:
      1. Lingkungan Pengendalian                                 1. Control Environment
          Lingkungan pengendalian perusahaan mencakup               The Company’s control environment includes the
          sikap manajemen dan karyawan terhadap                     attitudes of management and employees regarding
          pentingnya pengendalian yang ada di lingkungan            the importance of control in the Company. There
          perusahaan. Terdapat beberapa faktor yang dapat           are many factors that can influence the control
          mempengaruhi lingkungan pengendalian, yaitu               environment, such as the value established by
          nilai yang dibentuk manajemen, gaya operasi               the management, style of management operations,
          manajemen, struktur organisasi, dan praktik               organizational structure, and personnel practices.
          kepersonaliaan. Pentingnya lingkungan                     The importance of the control environment
          pengendalian menjadi sebuah pondasi dalam                 becomes a foundation in establishing the
          membentuk keefektifan unsur-unsur pengendalian            effectiveness of the elements of internal control.
          internal. Oleh karena itu, Perseroan telah menyusun       Therefore, the Company has established a solid


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   kerangka dasar yang kokoh melalui nilai-nilai              basic framework through consistently compiled
   yang disusun secara konsisten yang meliputi:               values, which include:


         Nilai-Nilai Perusahaan                                       Lingkungan Pengendali Internal
         Company Values                                               Internal Control Environment
           •   Team Work                                                •   Behavior
           •   Integrity                                                •   Integrity
           •   Growth                                                   •   Improvement
           •   Excellence & Efficiency                                  •   Aware
           •   Relationship Building


                                                           2. Risk Control is managed by implementing a risk
2. Pengendalian Risiko dilaksanakan dengan
                                                              management system in the Company to minimize
   diterapkannya sistem manajemen risiko di
                                                              the impact of risks related to operational activities.
   Perseroan untuk meminimalisir dampak dari risiko
                                                              This risk management system also involves many
   yang berkaitan dengan kegiatan operasional.
                                                              parties in identifying, analyzing and assessing
   Sistem manajemen risiko ini juga melibatkan
                                                              relevant risk management, either internal or external
   banyak pihak dalam mengidentifikasi, menganalisis
                                                              to the Company.
   dan menilai pengelolaan risiko yang relevan, baik
   internal maupun eksternal Perseroan.
                                                           3. Control Activities is carried out at every level as
3. Aktivitas Pengendalian dilaksanakan di setiap
                                                              well as all units of the Company’s organizational
   tingkatan serta semua unit struktur organisasi
                                                              structure. This is implemented by regulating the
   Perseroan. Hal tersebut diterapkan dengan
                                                              power, authority, work evaluation, clear distribution
   mengatur kewenangan, otoritas, penilaian kerja,
                                                              of duties and security of the Company assets.
   pembagian tugas yang jelas dan pengamanan
   terhadap aset Perseroan.
                                                           4. Information and Communication Company
4. Informasi dan Komunikasi Perseroan menyusun
                                                              compiles reports relating to operational, financial,
   laporan yang berhubungan dengan kegiatan
                                                              and compliance with applicable laws in a timely,
   operasional, finansial, serta pemenuhan atas
                                                              accurate, clear, and objective manner.
   kepatuhan perundang-undangan yang berlaku
   secara tepat waktu, akurat, jelas, dan objektif.
                                                           5. Monitoring is conducted regularly, one of which
5. Pemantauan dilakukan secara berkala, salah
                                                              is monitoring the implementation of the audit
   satunya pemantauan terhadap pelaksanaan
                                                              function in each unit to develop and improve
   fungsi audit pada setiap unit untuk mengembangkan
                                                              internal control later.
   dan meningkatkan pengendalian internal ke
   depannya.



Evaluasi dan Kecukupan Sistem                              Evaluation and Adequacy of the Internal
Pengendalian Internal                                      Control System
                                                           Evaluation of Internal Control System (SPI) within the
Evaluasi atas SPI di lingkungan Perseroan dilakukan
                                                           Company is carried out by the Internal Audit Unit which
oleh Unit Audit Internal yang selanjutnya hasil tersebut
                                                           the results will be escalated to the Board of Directors.
akan dieskalasi ke Direksi. Direksi menilai SPI yang
                                                           The Board of Directors considers that SPI conducted
dilakukan oleh Perseroan telah berjalan baik dan
                                                           by the Company has been running well and adequate.
cukup. Namun, Perseroan akan tetap melakukan
                                                           However, the Company will continue to develop, evaluate,
pengembangan, evaluasi dan perbaikan yang
                                                           and improve continuously to be more optimal.
dilakukan secara terus-menerus agar lebih
optimal.


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      Sistem Manajemen Risiko
      Risk Management System


      Dalam menjalankan kegiatan usaha, Perseroan                In conducting its business operations, the Company
      menyadari bahwa risiko merupakan bagian yang               realizes that risk is an inseparable part of every
      tidak terpisahkan dari setiap kegiatan operasional         operational activity and can affect business results
      dan dapat mempengaruhi hasil usaha serta kinerja           and the Company’s performance. Therefore, the
      Perseroan. Dengan demikian, Perseroan telah memiliki       Company has a Guideline relating to Risk Management
      Pedoman terkait Kebijakan Manajemen Risiko No.             Policy No. SE.2015.047/PREDI-BIIFC dated August 24,
      SE.2015.047/PREDI-BIIFC tanggal 24 Agustus 2015 yang       2015 which was updated in 2021 and then confirmed
      diperbaharui pada tahun 2021 yang kemudian                 in 2024 in the Risk Management Framework SOP.
      dipertegas pada tahun 2024 di SOP Kerangka Kerja
      Manajemen Risiko.



      Risiko yang Dihadapi Perseroan                             Risks Faced by the Company
      Perseroan telah mengidentifikasi risiko utama sebagai      The Company has identified key risks as a financing
      perusahaan pembiayaan berdasarkan Peraturan                company based on the Regulation of Financial Services
      Otoritas Jasa Keuangan No.44/POJK.05/2020 tentang          Authority No.44/POJK.05/2020 on Risk Level Assessment
      Penerapan Manajemen Risiko bagi Lembaga Jasa               of Non-Bank Financial Services Institutions. Risks of
      Keuangan Non-Bank. Adapun risiko-risiko yang dimiliki      the Company include:
      Perseroan meliputi:


          Jenis Risiko              Definisi Risiko                                Mitigasi Risiko
          Type of Risk             Definition of Risk                              Risk Mitigation

       Risiko Strategis     Risiko akibat ketidaktepatan    Menyeimbangkan        risiko    dan   pendapatan     dengan
       Strategic Risk       dalam pengambilan               mempertimbangkan posisi strategis Perseroan, perubahan
                            dan/atau pelaksanaan            kondisi pasar, regulasi, dan lingkungan bisnis.
                            suatu keputusan strategis       Balancing risk and income by considering the Company’s
                            serta kegagalan dalam           strategic position, changes in market conditions, regulations,
                            mengantisipasi perubahan        and the business environment.
                            lingkungan bisnis.
                            Risk due to inaccuracy in
                            making and/or implementing
                            a strategic decision as
                            well as failure to anticipate
                            changes in the business
                            environment.

       Risiko Operasional   Risiko akibat ketidakcukupan    a. Meningkatkan kesadaran akan risiko dari seluruh jajaran
       Operational Risk     dan/atau tidak berfungsinya        organisasi dan terus memperkuat pengendalian internal;
                            proses internal, kesalahan      b. Mengimplementasikan perangkat manajemen risiko
                            manusia, kegagalan                 operasional yang berbasiskan sistem teknologi informasi;
                            sistem, dan/atau adanya            dan
                            kejadian eksternal yang         c. Memperbaharui       kebijakan     Business      Continuity
                            mempengaruhi operasional           Management (BCM) dan secara rutin melakukan simulasi
                            LJKNB.                             penanggulangan krisis dan pemulihannya.
                            Risks due to inadequate         a. Increase awareness of risks from all levels of the
                            and/or non-functioning             organization and continue to strengthen internal control;
                            internal processes, human       b. Implement operational risk management tools based on
                            error, system failure, and/or      information technology systems; and
                            external events that affect     c. Update the Business Continuity Management (BCM) policy
                            NBFI operations.                   and regularly conduct crisis management and recovery
                                                               simulations.




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   Jenis Risiko           Definisi Risiko                                     Mitigasi Risiko
   Type of Risk          Definition of Risk                                   Risk Mitigation

Risiko Kredit     Risiko akibat kegagalan             a. Menerapkan penetapan suku bunga kredit dan memastikan
Credit Risk       pihak lain dalam memenuhi              bahwa atas risiko gagal bayar yang tidak diperhitungkan
                  kewajiban kepada LJKNB.                Perseroan telah dibentuk pencadangan yang cukup;
                  Risk due to failure of other        b. Membagi ke dalam 2 segmen, yaitu segmen ritel dan
                  parties to fulfill obligations to      segmen korporasi. Untuk segmen ritel, Perseroan telah
                  NBFIs.                                 membentuk credit scoring untuk menilai kualitas kredit
                                                         dari debitur sehingga dapat dijadikan dasar membuat
                                                         keputusan kredit. Sedangkan, untuk segmen korporasi,
                                                         Perseroan lebih menekankan kepada kemampuan dan
                                                         kualitas analisis kredit;
                                                      c. Perseroan malakukan diversifikasi terhadap portofolio
                                                         kredit.
                                                      a. Implement the determination of credit interest rates and
                                                         ensure that for the risk of default that is not taken into
                                                         account, the Company has established sufficient reserves;
                                                      b. Divided into 2 segments, namely the retail segment and the
                                                         corporate segment. For the retail segment, the Company
                                                         has established a credit scoring system to assess the
                                                         credit quality of debtors so that it can be used as the basis
                                                         for making credit decisions. Meanwhile, for the corporate
                                                         segment, the Company places more emphasis on the
                                                         ability and quality of credit analysis;
                                                      c. The Company carries out diversifiction on loan portfolio.

Risiko Pasar      Risiko pada posisi aset,            a. Perseroan secara proaktif melakukan pemantauan
Market Risk       liabilitas, ekuitas, dan/              portofolio/eksposur risiko pasar sesuai dengan kebijakan
                  atau rekening administratif            dan limit risiko yang ada, serta selalu mewaspadai
                  termasuk transaksi derivatif           pengambilan risiko di luar kebijakan yang telah ditetapkan;
                  akibat perubahan secara             b. Pemahaman yang baik atas kondisi pasar dan ekonomi
                  keseluruhan dari kondisi               makro terkini terus dilakukan oleh perseroan;
                  pasar.                              c. Perseroan harus beroperasi sesuai dengan risk appetite
                  Risks in the position of assets,       yang telah ditetapkan untuk memperoleh pendapatan,
                  liabilities, equity, and/or off        target modal, dan memenuhi tujuan bisnis secara
                  balance sheet including                keseluruhan;
                  derivative transactions due         d. Perseroan selalu menerapkan prinsip cost-benefit atas
                  to changes in overall market           pengendalian risiko pasar;
                  conditions.                         e. Perseroan juga melakukan pengendalian risiko pasar
                                                         dengan cara melakukan lindung nilai.
                                                      a. The Company proactively monitors portfolio/market risk
                                                         exposure in accordance with existing risk policies and limits,
                                                         and is always wary of taking risks outside the established
                                                         policies;
                                                      b. A good understanding of the current market and
                                                         macroeconomic conditions continues to be carried out by
                                                         the company;
                                                      c. The Company must operate in accordance with the
                                                         established risk appetite to obtain revenue, capital targets,
                                                         and meet overall business objectives;
                                                      d. The Company always applies the cost-benefit principle to
                                                         market risk control;
                                                      e. The Company also controls market risk by means of
                                                         hedging.




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         Jenis Risiko              Definisi Risiko                                 Mitigasi Risiko
         Type of Risk             Definition of Risk                               Risk Mitigation

      Risiko Likuiditas    Risiko akibat                   a. Perseroan terus menjaga komposisi aset dan liabilitas
      Liquidity Risk       ketidakmampuan LJKNB               jangka pendek dalam rasio yang manageable;
                           untuk memenuhi liabilitas       b. Guna memastikan kebutuhan pendanaan Perseroan pada
                           yang jatuh tempo dari              situasi normal maupun krisis terpenuhi, Perseroan terus
                           sumber pendanaan arus              menjaga reputasi agar selalu baik untuk mempertahankan
                           kas dan/atau dari aset             sumber pendanaan. Selain itu Perseroan juga secara aktif
                           likuid yang dapat dengan           melakukan analisis terhadap kesesuaian aset dan liabilitas,
                           mudah dikonversi menjadi           proyeksi arus kas, dan melakukan stress test;
                           kas, tanpa mengganggu           c. Perseroan terus menjaga angka gearing ratio di angka
                           aktivitas dan kondisi              yang terkendali.
                           keuangan LJKNB.                 a. The Company continues to maintain the composition of
                           Risk due to the inability of       short-term assets and liabilities in a manageable ratio;
                           NBFIs to meet maturing          b. To ensure that the Company’s funding needs in normal
                           liabilities from cash flow         and crisis situations are met, the Company continues
                           funding sources and/or from        to maintain a good reputation for maintaining funding
                           liquid assets                      sources. In addition, the Company also actively conducts
                           which can be easily                an analysis of the suitability of assets and liabilities, cash
                           converted into cash, without       flow projections, and conducts stress tests;
                           disturbing the activities and   c. The company continues to maintain the gearing ratio at a
                           financial condition of NBFIs.      controlled number.

      Risiko Hukum         Risiko akibat tuntutan hukum    a. Satuan kerja bidang hukum (Legal department) secara
      Legal Risk           dan/atau kelemahan aspek           berkala melakukan review terhadap kontrak dan perjanjian
                           hukum.                             antara Perseroan dengan pihak lain;
                           Risks due to lawsuits and/or    b. Perseroan juga memastikan telah menggunakan standar
                           weaknesses in legal aspects.       perjanjian yang telah sesuai dengan ketentuan peraturan
                                                              perundang-undangan atau best practice;
                                                           c. Perseroan selalu memastikan tidak terdapatnya kelemahan
                                                              dalam perikatan atau kerja sama yang dibuat.
                                                           a. The legal department (Legal department) periodically
                                                              reviews contracts and agreements between the Company
                                                              and other parties;
                                                           b. The Company also ensures that it has used standard
                                                              agreements that are in accordance with the provisions of
                                                              laws and regulations or best practice;
                                                           c. The Company always ensures that there are no weaknesses
                                                              in the engagement or cooperation made.

      Risiko Kepatuhan     Risiko akibat LJKNB tidak       a. Perseroan selalu mengkomunikasikan kebijakan dan SOP
      Compliance Risk      mematuhi dan/atau tidak            kepada seluruh karyawan secara tepat waktu;
                           melaksanakan peraturan          b. Perseroan memastikan efektivitas dan independensi fungsi
                           perundang-undangan dan             Audit dan Satuan Kerja Manajemen Risiko;
                           ketentuan yang berlaku bagi     c. Perseroan selalu menjaga agar tidak terdapat pelanggaran
                           Perusahaan.                        terhadap ketentuan Regulator, yaitu dengan secara
                           Risks due to NBFIs not             berkala melakukan compliance testing.
                           complying with and/or not       a. The Company always communicates policies and SOPs to
                           implementing the laws and          all employees in a timely manner;
                           regulations that apply to the   b. The Company ensures the effectiveness and independence
                           Company.                           of the Audit function and the Risk Management Work Unit;
                                                           c. The Company always ensures that there are no violations
                                                              of the provisions of the Regulator, namely by periodically
                                                              conducting compliance testing.




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    Jenis Risiko           Definisi Risiko                                Mitigasi Risiko
    Type of Risk          Definition of Risk                              Risk Mitigation

 Risiko Reputasi    Risiko akibat menurunnya       a. Perseroan selalu mengingatkan agar seluruh karyawan
 Reputation Risk    tingkat kepercayaan               selalu patuh terhadap ketentuan yang berlaku;
                    pemangku kepentingan           b. Setiap keluhan debitur dan gugatan hukum yang dapat
                    yang bersumber dari               meningkatkan eksposur risiko reputasi, Perseroan segera
                    persepsi negatif terhadap         mengatasinya dan selalu mengedepankan komunikasi
                    LJKNB.                            secara berkesinambungan dan melakukan perundingan
                    Risk due to decreased level       bilateral dengan debitur atau counterparty untuk
                    stakeholder trust that comes      menghindari litigasi dan tuntutan hukum.
                    from perceptions negative      a. The Company always reminds all employees to always
                    for NBFIs.                        comply with applicable regulations;
                                                   b. Any debtor complaints and lawsuits that can increase
                                                      reputation risk exposure, the Company immediately
                                                      resolves them and always prioritizes continuous
                                                      communication and conducts bilateral negotiations with
                                                      debtors or counterparties to avoid litigation and lawsuits.



Penerapan Manajemen Risiko                              Implementation of Risk Management

Berdasarkan Peraturan Otoritas Jasa Keuangan No.44/     Based on the Regulation of Financial Services Authority
POJK.05/2020 tentang Penerapan Manajemen Risiko         No.44/ POJK.05/2020 on the Implementation of Risk
bagi Lembaga Jasa Keuangan Non-Bank, terdapat           Management for Non-Bank Financial Services
beberapa aspek penerapan manajemen risiko sebagai       Institutions, there are several aspects in applying risk
berikut:                                                management as follows:
1. Pengawasan Aktif Dewan Komisaris dan Direksi         1. Active Supervision of the Boards of Commissioners
                                                            and Board of Directors
   Dewan Komisaris, Direksi, dan Dewan Pengawas             The Boards of Commissioners, Board of Directors,
   Syariah memastikan Perseroan menerapkan tata             and Sharia Supervisory Board ensure that the
   kelola perusahaan yang baik dengan melakukan             Company implements good corporate governance
   evaluasi sistem manajemen risiko secara berkala.         by periodically evaluating the risk management
                                                            system.
2. Kecukupan Kebijakan, Prosedur, dan Penetapan         2. Adequacy in Policies, Procedures, and Determination
   Limit Risiko                                             of Risk Limit
   Perseroan telah memiliki kebijakan dan prosedur          The Company has policies and procedures for
   dari kegiatan operasional, yang dilakukan yang           operational activities performed in the form of
   tertuang dalam bentuk Standar Operasional                Standard Operating Procedures (SOP), Circulars
   Prosedur (SOP), Surat Edaran (SE), dan Risk              (SE), and Risk Acceptance Criteria (RAC). Those
   Acceptance Criteria (RAC). Kebijakan dan prosedur        policies and procedures are a form of risk appetite,
   tersebut merupakan bentuk dari risk appetite, risk       risk tolerance, and a form of Company risk limit.
   tolerance, dan bentuk limit risiko perusahaan.
3. Kecukupan Proses Identifikasi, Pengukuran,           3. Adequacy of the Risk Identification, Measurement,
   Pemantauan, dan Pengendalian Risiko                     Monitoring, and Control Process
   Dalam mengelola jenis risiko, Perseroan memastikan      In managing this type of risk, the Company ensures
   proses identifikasi, pengukuran, pemantauan, dan        that the process of identifying, measuring,
   pengendalian risiko dilakukan secara proaktif dan       monitoring, and controlling risks is conducted
   berkesinambungan dengan tujuan untuk:                   proactively and continuously with the aim to:
   a. Mengenali risiko;                                    a. Recognize risks;
   b. Menilai risiko;                                      b. Assess risks;
   c. Melakukan identifikasi kontrol yang telah ada;       c. Identify existing controls;
   d. Menilai risiko yang tersisa, sehingga apabila        d. Assess the remaining risks, so that if there are




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Page 250
            masih ada risiko yang tersisa dengan hasil                  still risks remaining with the measurement results
            pengukuran masuk kategori menengah dan                      included in the medium and high categories
            tinggi maka hal tersebut akan menjadi fokus,                then they will be the focus, concentration, and
            konsentrasi, dan perhatian lebih dari Perseroan.            more attention of the Company.

         Bentuk proaktif dari proses identifikasi yang              As the proactive form of the implemented
         dilakukan, maka setiap Departemen yang ada di              identification process, then every Department in
         Perseroan melakukan proses Risk Control Self               the Company carries out a Risk Control Self
         Assesment (RCSA). Hasil dari identifikasi,                 Assessment (RCSA) process. The results of the
         pengukuran, pemantauan, dan pengendalian                   identification, measurement, monitoring, and
         tersebut kemudian disusun dalam bentuk laporan             control are then compiled in the form of an
         Enterprise Risk Dashboard (ERD).                           Enterprise Risk Dashboard (ERD) report.
      4. Sistem Informasi Manajemen Risiko                       4. Risk Management Information System
         Perseroan telah membangun sistem manajemen                 The Company has established a risk management
         risiko sejak awal pendirian dan terus dikembangkan         system since its inception and continues to be
         sejalan dengan perkembangan usaha. Sistem ini              developed in line with business development. This
         dijalankan sesuai arahan Direksi dan di bawah              system is implemented in accordance with the
         pengawasan Dewan Komisaris untuk memastikan                direction of the Board of Directors and under the
         pelaksanaan yang efektif, memadai, dan sesuai              supervision of the Board of Commissioners to
         dengan karakteristik, kompleksitas, dan profil risiko      ensure effective, adequate implementation and
         Perseroan. Manajemen Risiko ini dilaksanakan oleh          in accordance with the characteristics, complexity,
         Divisi Manajemen Risiko. Ada beberapa aspek                and risk profile of the Company. Risk Management
         penerapan manajemen risiko untuk memastikan                is conducted by the Risk Management Division.
         pengawasan risiko yang berkelanjutan, yaitu:               There are several aspects of risk management
                                                                    implementation to ensure ongoing risk oversight,
                                                                    include:
         a. Pengawasan aktif Dewan Komisaris dan Direksi;           a. Active Monitoring of the Boards of Commissioners
                                                                        and Board of Directors;
         b. Pembentukan Divisi Manajemen Risiko;                    b. Establishment of Risk Management Division;
         c. Penetapan dan pengembangan kebijakan dan                c. Establishment and continuous development
             prosedur manajemen risiko yang jelas,                      of risk management policies and procedures
             menyeluruh, dan berkesinambungan;                          clearly and thoroughly;
         d. Pengawasan agar proses identifikasi,                    d. Supervision to ensure the process of identifying,
             pengukuran, pemantauan, dan pengendalian                   measuring, monitoring, and controlling risks is
             risiko dijalankan secara berkesinambungan                  carried out continuously in line with the business
             sesuai dengan perkembangan usaha;                          development;
         e. Membuat dan mengembangkan sistem                        e. Create and develop the risk management
             informasi manajemen risiko; dan                            information system; and
         f. Melakukan sistem pengendalian internal yang             f. Perform a comprehensive internal control
             menyeluruh.                                                system.
      5. Sistem Pengendalian Internal yang Menyeluruh            5. Comprehensive Internal Control System
         Sistem pengendalian internal telah berjalan efektif        The internal control system has been running
         yang terdiri dari:                                         effectively consisting of:
         a. Menciptakan pengendalian yang dapat                     a. Creating controls that can support the
             mendukung kinerja Perseroan;                               Company’s performance;
         b. Memastikan seluruh karyawan memiliki                    b. Ensuring that all employees have Company
             integritas Perseroan;                                      integrity;
         c. Mengawasi terlaksananya visi, misi, dan nilai-          c. Overseeing the implementation of the
             nilai Perseroan;                                           Company’s vision, mission, and values;



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   d. Mempersiapkan sistem pencatatan dan data             d. Preparing information technology-based
      berbasis teknologi informasi dalam hal                   recording and data systems in terms of the
      penyimpanan dokumen Perseroan dan data                   Company documents and debtor data storage;
      debitur; dan                                             and
   e. Mempersiapkan sistem informasi yang                  e. Preparing information systems that enable
      memungkinkan pengendalian internal dilakukan             internal control to be performed effectively,
      secara efektif, efisien, dan akurat.                     efficiently, and accurately.
6. Selain itu, Perseroan juga memiliki unit khusus      6. In addition, the Company also has a special unit
   yang mengawasi secara dini atas jalannya                that supervises early on the day-to-day operations
   operasional sehari-hari yaitu Departemen Internal       called the Department of Internal Control which
   Control yang ditempatkan di setiap kantor cabang        is placed in each branch office and is directly
   dan bertanggung jawab langsung kepada Direksi.          responsible to the Board of Directors.

Manajemen risiko diterapkan Perseroan secara            Risk management is implemented by the Company
menyeluruh, terintegrasi, dan efektif yang bertujuan    in a comprehensive, integrated, and effective manner
untuk:                                                  which aims at:
1. Mendukung praktik usaha sesuai dengan maksud         1. Supporting business practices according to the
   dan tujuan Perseroan;                                    Company’s objective and target;
2. Menyediakan informasi yang dapat digunakan           2. Providing information that can be used to make
   untuk mengambil keputusan yang tepat dan                 appropriate and risk-based decisions in assisting
   berbasis risiko dalam membantu manajemen;                the management;
3. Menentukan pencadangan yang memadai untuk            3. Determining adequate reserves to anticipate
   mengantisipasi risiko yang terukur;                      measurable risks;
4. Menghindari kemungkinan adanya kerugian yang         4. Avoiding the possibility of a relatively greater loss;
   relatif lebih besar; dan                                 and
5. Mengidentifikasi dan mengoptimalkan peluang          5. Identifying and optimizing existing business
   usaha yang ada.                                          opportunities.



Tahapan Pengelolaan Risiko                              Stages of Risk Management

Kegiatan pengelolaan dan evaluasi risiko di Perseroan   Risk management and evaluation activities in the
membentuk suatu siklus yang tidak terputus dan          Company form an uninterrupted and continuous
berkesinambungan. Siklus berawal dari proses            cycle. The cycle begins with the process of identifying,
identifikasi, pengukuran, pengendalian, dan             measuring, controlling, and monitoring risks. The
pemantauan risiko. Perusahaan telah memiliki SOP,       company has SOPs, policies, and written regulations
kebijakan, dan peraturan tertulis yang wajib dipatuhi   that must be complied with by all related departments.
oleh seluruh bagian terkait. Tahap ini diawasi oleh     Furthermore, there are SOPs, policies, and written
seluruh bagian, khususnya Audit Internal Perseroan.     regulations that must be observed by all relevant
Berdasarkan rangkaian proses pengelolaan dan            divisions. This stage is supervised by all divisions,
evaluasi, akan dikeluarkan rekomendasi perbaikan        especially the Company’s Internal Audit. According
dari hasil pemantauan, jika terdapat kekurangan         to a series of management and evaluation processes,
yang menyebabkan masih timbulnya risiko.                recommendations for improvement from monitoring
                                                        results will be issued to see whether there are any
                                                        lacks that cause risks to arise.

Dengan adanya siklus pengelolaan risiko, organ dan      With the risk management cycle, the Company’s
peraturan Perseroan mengalami peningkatan               instruments and regulations have increased following




                                                                                                                    251
Page 252
      mengikuti perkembangan bisnis Perseroan. Di masa          the development of the Company’s operations. In
      mendatang, Perseroan akan lebih siap dalam                the future, the Company will be better prepared to
      menghadapi risiko-risiko yang ada melalui manajemen       deal with existing risks through credible risk
      risiko yang kredibel.                                     management.


      Evaluasi Sistem Manajemen Risiko                          Evaluation of Risk Management System

      Sistem manajemen risiko dievaluasi secara berkala         The risk management system is regularly evaluated
      untuk memastikan pembaruan data risiko dan untuk          to ensure updating of risk data and to assess the
      menilai kecukupan rancangan, serta efektivitas            adequacy of the design, as well as the effectiveness
      implementasi manajemen risiko di Perseroan. Selain        of the implementation of risk management in the
      itu, hal ini juga dilakukan untuk mengukur tingkat        Company. In addition, this is also done to measure
      kematangan manajemen risiko Perseroan dan menjadi         the maturity level of the Company’s risk management
      acuan untuk perbaikan kedepannya. Adapun uraian           and to be a reference for future improvement. The
      mengenai bentuk evaluasi yang dilaksanakan adalah:        description of the form of an evaluation carried out
                                                                is:
      1. Pertemuan secara berkelanjutan dengan Dewan            1. Continuous meetings with the Boards of
         Komisaris dan Direksi;                                     Commissioners and Board of Directors;
      2. Rapat secara rutin antara Direksi dan Kepala Divisi;   2. Regular meetings between the Board of Directors
                                                                    and Division Heads;
      3. Menilai Performance Quality Report oleh Divisi         3. Evaluate the Performance Quality Report by the
         Manajemen Risiko Perseroan; dan                            Company’s Risk Management Division; and
      4. Pengawasan risiko secara terintegrasi oleh             4. Integrated risk monitoring by the Company and
         Perseroan dan Pemegang Saham.                              Shareholders.



      Evaluasi Efektivitas dan Pernyataan                       Evaluation of Effectiveness and
      Dewan Komisaris dan/atau Direksi                          Statement of the Board of Commissioners
      Tentang Kecukupan atas Sistem                             and/or Board of Directors on Adequacy
      Manajemen Risiko                                          of Risk Management System

      Pada tahun 2024, implementasi dan praktik sistem          In 2024, the implementation and practice of the risk
      manajemen risiko telah dijalankan cukup efektif dalam     management system has been carried out quite
      mendukung kegiatan bisnis dan operasional Perseroan.      effectively in supporting the Company's business and
      Adapun hal-hal yang telah dievaluasi meliputi:            operational activities. The things that have been
                                                                evaluated include:
      1.   Proses dan penerapan kebijakan manajemen             1. Process and implementation of risk management
           risiko;                                                  policies;
      2.   Kinerja produk secara berkala untuk memastikan       2. Periodic product performance to ensure that the
           produk-produk yang dimiliki oleh Perseroan tetap         products owned by the Company continue to
           memberikan imbal hasil yang optimal;                     provide optimal returns;
      3.   Arsitektur pengembangan sistem untuk                 3. System development architecture to improve the
           meningkatkan keandalan pengembangan sistem;              reliability of system development;
      4.   Penetapan tanggung jawab dan wewenang terkait        4. Assignment of responsibilities and authorities
           fungsi pengawasan manajemen risiko;                      related to the risk management oversight function;
      5.   Kecukupan atas kebijakan dan prosedur;               5. Adequacy of policies and procedures;
      6.   Verifikasi dan tinjauan secara berkala terhadap      6. Periodic verification and review of risk handling;
           penanganan risiko; serta                                 and



                 Laporan Tahunan
252   2024       Annual Report
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                                                                                  Tata Kelola Perusahaan
                                                                                Good Corporate Governance




7. Kinerja dan kualitas portofolio.                    7. Portfolio performance and quality.

Berdasarkan hasil evaluasi tersebut, Dewan Komisaris   Based on the evaluation results, the Board of
dan/atau Direksi memandang bahwa sistem                Commissioners and/or the Board of Directors consider
manajemen risiko Perseroan telah cukup dan             that the Company's risk management system is
efektif.                                               adequate and effective.




Akuntan Publik
Public Accountant

Kantor Akuntan Publik (KAP) ditunjuk melalui           The public accounting firm is designated through
rekomendasi Komite Audit dan disampaikan ke Dewan      the recommendation of the Audit Committee and
Komisaris untuk kemudian disetujui dalam RUPS.         submitted to the Board of Commissioners for approval
                                                       at the GMS.

Berdasarkan hasil keputusan RUPS Tahunan 2024,         Based on the results of the 2024 Annual GMS, the
Perseroan menunjuk KAP Purwantono, Sungkoro &          Company appointed Purwantono, Sungkoro & Surja
Surja untuk mengaudit Laporan Keuangan untuk           Accounting Firm to audit the Financial Statements
tahun buku yang berakhir pada 31 Desember 2024.        for the fiscal year ending on December 31, 2024.

Berikut KAP yang ditunjuk oleh Perseroan selama 5      The following are the Public Accounting Firm the
tahun terakhir:                                        Company designated for the past 5 years:


                     Nama Kantor
                                         Nama Akuntan                                                  Biaya
  Tahun Buku        Akuntan Publik                                   Jenis Jasa
                                           Name of                                                      Fee
  Fiscal Year       Name of Public                                 Type of Service
                                          Accountant                                                   (Rp)
                   Accountant Firm

 2024            Purwantono,          Yasir                Audit Laporan Keuangan                     330.000.000
                 Sungkoro & Surja                          Desember 2024
                                                           Audit of the Financial Statements
                                                           as of December 2024

                 Purwantono,          Yasir                Tinjauan atas Laporan Keuangan             200.000.000
                 Sungkoro & Surja                          Review of Financial Statment


 2023            Purwantono,          Yasir                Audit Laporan Keuangan                     315.000.000
                 Sungkoro & Surja                          Desember 2023
                                                           Audit of the Financial Statements
                                                           as of December 2023

                 Purwantono,          Yasir                Tinjauan atas Laporan Keuangan             200.000.000
                 Sungkoro & Surja                          Review of Financial Statment


 2022            Purwantono,          Muhammad             Audit Laporan Keuangan                     265.000.000
                 Sungkoro & Surja     Kurniawan            Desember 2022
                                                           Audit of the Financial Statements
                                                           as of December 2022




                                                                                                                    253
Page 254
                        Nama Kantor
                                          Nama Akuntan                                             Biaya
       Tahun Buku      Akuntan Publik                                   Jenis Jasa
                                            Name of                                                 Fee
       Fiscal Year     Name of Public                                 Type of Service
                                           Accountant                                              (Rp)
                      Accountant Firm

                     Purwantono,        Muhammad              Tinjauan atas Laporan Keuangan      200.000.000
                     Sungkoro & Surja   Kurniawan             Review of Financial Statment


      2021           Purwantono,        Christophorus Alvin   Audit Laporan Keuangan              258.000.000
                     Sungkoro & Surja   Kossim                Desember 2021
                                                              Audit of the Financial Statements
                                                              as of December 2021

                     Purwantono,        Christophorus Alvin   Tinjauan atas Laporan Keuangan      200.000.000
                     Sungkoro & Surja   Kossim                Review of Financial Statment

      2020           Purwantono,        Muhammad              Audit Laporan Keuangan              336.000.000
                     Sungkoro & Surja   Kurniawan             Desember 2020
                                                              Audit of the Financial Statements
                                                              as of December 2020

                     Purwantono,        Muhammad              Tinjauan atas Laporan Keuangan      200.000.000
                     Sungkoro & Surja   Kurniawan             Review of Financial Statment




             Laporan Tahunan
254   2024   Annual Report
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                                                                                         Tata Kelola Perusahaan
                                                                                       Good Corporate Governance




Pengadaan Barang dan Jasa
Procurement of Goods and Services


Berdasarkan kebijakan pengadaan barang dan jasa            Based on the Company’s policy on goods and services
yang dimiliki Perseroan, semua pengadaan barang            procurement, all procurement of goods and services
dan jasa harus dijalankan secara efektif, efisien,         must be carried out effectively, efficiently, professionally,
profesional, mandiri, dan dilakukan dengan integritas      independently, and carried out with high integrity,
tinggi, lepas dari benturan kepentingan dan dengan         free from conflicts of interest and by upholding the
menjunjung tinggi prinsip-prinsip Tata Kelola yang Baik.   principles of Good Corporate Governance.

Perseroan menjunjung tinggi prinsip kejujuran dan          The Company upholds the principle of honesty and
menghormati kemandirian dari pihak-pihak yang              respects the independence of the parties involved
terlibat dalam proses pengadaan barang dan jasa,           in the process of procuring goods and services, either
baik langsung maupun tidak langsung.                       directly or indirectly.



Prosedur dan Tata Cara Pengadaan                           Procedure for Procurement of Goods and
Barang dan Jasa                                            Services
Perseroan melakukan pengadaan barang dan jasa              The Company procures goods and services effectively
secara efektif dan efisien agar tidak menjadi kendala      and efficiently so as not to become an obstacle in
dalam operasional bisnis yang dapat merugikan              business operations that can cause losses to the company
perusahaan. Pengelolaan pengadaan barang dan               The management of the procurement of goods and
jasa dilakukan oleh Departemen General Affairs.            services is carried out by the General Affair Department.

Mekanisme pengadaan barang dan jasa diawali                The mechanism of procurement of goods and services
dengan rencana pengadaan, proses pengadaan,                begins with the procurement plan, the procurement
penerimaan dan penyimpanan, penggunaan, serta              process, receipt and storage, use, and asset
manajemen aset oleh departemen terkait untuk               management by the relevant departments for approval.
memperoleh persetujuan.



Sistem Pengadaan Barang dan Jasa                           System of Procurement of Goods and Services

Perseroan menyelenggarakan proses pengadaan                The Company implements the process of procurement
barang dan jasa dalam beberapa tahapan yaitu:              of goods and services in several stages, include:
1. Perencanaan: pembuatan rencana pengadaan;               1. Planning: preparing procurement plan;
2. Persiapan: kerangka acuan kerja, syarat                 2. Preparation: term of reference, pre-qualification
   prakualifikasi, dokumentasi pengadaan, strategi             requirements, procurement documentation, and
   metode pemilihan penyedia barang dan jasa;                  strategies for selecting goods and services;
3. Pemilihan barang dan jasa: pengumuman atau              3. Selection of goods and services: announcement or
   undangan bagi vendor yang memiliki sertifikasi dan          invitation for vendors having certification and pre-
   prakualifikasi, evaluasi penawaran dan negosiasi,           qualification, bid evaluation and negotiation,
   penetapan pemenang, proses kontrak; dan                     determination of the winner, contracting process; and
4. Penggunaan dan pengelolaan aset perusahaan.             4. Use and management of the Company assets.

Sistem tersebut dijalankan secara terbuka dan              The system is carried out openly and competitively
kompetitif dengan mengikutsertakan calon penyedia          by involving prospective suppliers of goods and
barang dan jasa yang memenuhi syarat berdasarkan           services that meet the requirements under their
kemampuan dan kinerja yang sesuai dengan                   capabilities and performance based on the required
kompetensi yang diperlukan.                                competencies.




                                                                                                                           255
Page 256
      Kode Etik
      Code of Conduct


      Perseroan berkomitmen untuk menjalankan bisnisnya           The Company is committed to conducting its business
      sesuai dengan standar etika terkait kejujuran, integritas   in accordance with ethical standards related to
      dan profesional dalam berbisnis. Oleh karena itu,           honesty, integrity, and professionalism in doing
      Kode Etik dan Pedoman Perilaku yang disusun                 business. Therefore, the Code of Ethics and the
      Perseroan memberikan pedoman standar perilaku               Guidance of Conduct compiled by the Company
      minimum yang diharapkan untuk dipatuhi oleh                 provides a minimum standard of conduct that is
      segenap karyawan termasuk jajaran Dewan Komisaris,          expected to be observed by all employees including
      Direksi, Dewan Pengawas Syariah, dan Komite-Komite          the Boards of Commissioners, Board of Directors,
      Perseroan yang dibentuk.                                    Sharia Supervisory Board, and Committees.



      Pokok-Pokok Kode Etik                                       Key Points of Code of Conduct

      Isi Kode Etik Perseroan meliputi:                           The Company’s Code of Conduct contains:
      1. Pengantar Umum                                           1. General Introduction
      2. Kode Etik dan Pedoman Tingkah Laku                       2. Code of Ethics and Guidance of Conduct
           a. Kode Etik dan Pedoman Tingkah Laku Perseroan;          a. The Company’s Code of Ethics and Guidance
                                                                        of Conduct;
         b. Nilai-nilai Dasar (TIGER);                               b. Basic Values (TIGER);
         c. Komitmen Kode Etik & PedomanTingkah Laku;                c. Commitment to the Code of Ethics & Guidance
                                                                        of Conduct;
         d. Tanggung Jawab terhadap Perseroan;                       d. Responsibility to the Company;
         e. Tanggung Jawab di Tempat Kerja;                          e. Responsibility at Workplace;
         f. Etika dalam Mewakili Perseroan dan Berinteraksi          f. Ethics in Representing the Company and
            dengan Pihak Luar Lainnya;                                  Interacting with Other Outside Parties;
         g. Hadiah dan Hiburan;                                      g. Gifts and Entertainment;
         h. Kerahasiaan;                                             h. Confidentiality;
         i. Benturan Kepentingan;                                    i. Conflict of Interest;
         j. Ketentuan tentang Kepatuhan; dan                         j. Provisions on Compliance; and
         k. Pernyataan Komitmen Pribadi.                             k. Statement of Personal Commitment.



      Sosialisasi Kode Etik                                       Dissemination of Code of Conduct

      Sosialisasi Kode Etik dilakukan sejak karyawan mulai        The dissemination of Code of Conduct is conducted
      bergabung di Perseroan, yakni pada saat                     from the moment an employee join the Company,
      penandatanganan kontrak kerja. Selain itu, sosialisasi      namely at the signing of employment contract. The
      juga dilakukan kembali secara periodik pada waktu           dissemination is also carried out periodically at a
      tertentu.                                                   specified time.

      Seluruh karyawan termasuk anggota Dewan Komisaris           All employees including members of the Boards of
      dan Direksi memiliki tanggung jawab dan kewajiban           Commissioners and Board of Directors have the
      untuk mematuhi dan menjadikan Kode Etik sebagai             responsibility and obligation to comply with and
      pedoman dalam menjalankan bisnis dan operasional            make the Code of Conduct as a guide in conducting
      sehari–hari.                                                business and daily operations.




                Laporan Tahunan
256   2024      Annual Report
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                                                                                   Tata Kelola Perusahaan
                                                                                 Good Corporate Governance




Penegakan Kode Etik                                    Enforcement of Code of Conduct

Kode Etik Perseroan berlaku untuk seluruh pihak yang   The Company’s Code of Conduct applies to all parties
terkait dengan Perseroan mulai dari Dewan Komisaris,   related to the Company, from Boards of Commissioners,
Direksi, Dewan Pengawas Syariah, Pemegang Saham,       Board of Directors, Sharia Supervisory Board,
seluruh karyawan Perseroan, dan pemangku               Shareholders, all of the Company’s employees, and
kepentingan lainnya.                                   other stakeholders.



Laporan Pelanggaran Kode Etik                          Violation Report of Code of Conduct

Sepanjang tahun 2024, tidak terdapat adanya laporan    During 2024, the Company received no report on
pelanggaran Kode Etik yang dilakukan oleh Dewan        violation of Code of Ethic committed by the Boards
Komisaris, Direksi, Dewan Pengawas Syariah, jajaran    of Commissioners and Board of Directors, Sharia
pejabat eksekutif, dan seluruh karyawan Perseroan.     Supervisory Board, executive officers, and employees
                                                       of the Company.




Penanganan Benturan Kepentingan
Handling of Conflict of Interest

Dalam menjalankan kegiatan usahanya, Perseroan         In carrying out its business activities, the Company
menyadari bahwa benturan kepentingan mungkin           realizes that conflicts of interest may occur in
saja terjadi dalam hubungan dan interaksi antar        relationships and interactions between stakeholders
pemangku kepentingan maupun pihak-pihak lainnya.       and other parties. Therefore, the Company has a
Oleh karena itu, Perseroan memiliki kebijakan yang     policy that regulates the handling of conflicts of
mengatur penanganan benturan kepentingan.              interest.

Kebijakan tersebut telah diatur dalam Kode Etik        The said policy is stipulated in the Company’s Code
Perseroan sebagai berikut:                             of Conduct as follows:
1. Mencegah kondisi di mana aktivitas, kepentingan,    1. Avoiding conditions where activities, interests, or
   maupun hubungan pribadi yang dapat                     personal relations can hinder the ability to act for
   menghambat kemampuan untuk bertindak demi              the Company’s interests;
   kepentingan Perseroan;
2. Menghindari investasi pribadi dalam suatu           2. Avoiding personal investment in a company that
   perusahaan yang dapat mempengaruhi                     may affect the ability to make business decisions
   kemampuan dalam mengambil keputusan bisnis             on behalf of the Company;
   atas nama Perseroan;
3. Menghindari penyalahgunaan fasilitas, hubungan      3. Avoiding the misuse of facilities, business relations,
   bisnis, dan nama Perseroan untuk kepentingan           and company names for personal gain or other
   pribadi maupun untuk hal- hal lain di luar tugas       matters outside of their duties and responsibilities;
   dan tanggung jawab;
4. Menghindari perbuatan di luar pekerjaan, baik di    4. Avoiding actions outside of work, both inside and
   dalam maupun di luar Perseroan untuk                   outside the Company for personal or other parties’
   mendapatkan keuntungan pribadi maupun pihak            interest that may be detrimental to the Company;
   lain yang dapat merugikan Perseroan;




                                                                                                                   257
Page 258
      5. Menghindari penyalahgunaan kewenangan dan            5. Avoiding the abuse of authority and position for
          jabatan untuk kepentingan pribadi maupun pihak         personal or other parties’ interests;
          lain;
      6. Menghindari pekerjaan dalam perusahaan lain          6. Avoiding work in other companies or being bound
          maupun terikat dalam suatu bisnis dengan pihak         in business with other parties that may interfere
          lain yang dapat mengganggu kinerja Perseroan;          with the Company’s performance;
      7. Memperoleh persetujuan dari Perseroan terkait        7. Obtaining approval from the Company regarding
          hubungan bisnis maupun transaksi yang dilakukan        business relations and transactions conducted
          dengan suatu perusahaan di mana yang                   with a company where the concerning party or
          bersangkutan atau keluarga dekat memiliki              close family has interests, both directly and
          kepentingan, baik langsung maupun tidak langsung;      indirectly;
      8. Mengutamakan kepentingan Perseroan;                  8. Prioritizing the Company’s interests;
      9. Memenuhi kebutuhan jasa keuangan pribadi             9. Fulfilling personal financial needs of employees
          karyawan maupun anggota keluarga karyawan              and family members of employees by providing
          dengan memberikan persyaratan yang sama                the same requirements as those given to other
          dengan yang diberikan kepada pihak lain dalam          parties under the same conditions; and
          kondisi yang sama; dan
      10. Menghindari perlakuan khusus dari pemasok           10. Avoiding special treatment from suppliers and
          maupun penyedia jasa tanpa adanya persetujuan           service providers without Company’s approval.
          dari Perseroan.




      Fungsi Kepatuhan
      Compliance Function

      Fungsi kepatuhan di Perseroan ditujukan untuk           The existence of compliance function in the Company
      memantau kebijakan, ketentuan, sistem, prosedur,        is aimed at monitoring policies, provisions, systems,
      dan kegiatan Perseroan, serta memastikan pemenuhan      procedures, and activities of the Company, and
      terhadap peraturan yang berlaku. Melalui program        ensuring compliance with applicable regulations.
      kepatuhan yang terencana dan terpadu, Perseroan         Through planned and integrated compliance program,
      berkomitmen untuk mengembangkan budaya                  the Company is committed to develop compliance
      kepatuhan dan terus menjaga efektivitas sebagai         culture and continue to maintain effectiveness as a
      upaya pengelolaan risiko.                               risk management effort.

      Fungsi kepatuhan tersebut dijalankan oleh Unit          The compliance function is carried out by Compliance
      Compliance.                                             Unit.



      Struktur dan Kedudukan Fungsi                           Structure and Position of Compliance
      Kepatuhan                                               Function

      Unit Compliance terdiri dari seorang Chief Compliance   The Compliance Unit management consists of a
      Officer dan Compliance Officer. Saat ini, Unit          Chief Compliance Officer and Compliance Officer.
      Compliance didukung oleh 3 personil dengan komposisi    Currently, the Compliance Unit is supported by 3
      sebagai berikut:                                        personnel with the following composition:



               Laporan Tahunan
258   2024     Annual Report
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                                                                                   Tata Kelola Perusahaan
                                                                                 Good Corporate Governance




                       Jabatan                                            Jumlah Personil
                       Position                                         Number of Personnel

 Chief Compliance Officer                                                         1

 Compliance Officer                                                               2

 Total                                                                           3



Profil Fungsi Kepatuhan                                 Profile of Compliance Function

Diandra Rufidya Juztifira
Chief Compliance Officer                                Chief Compliance Officer
Warga Negara Indonesia, berusia 25 tahun, dan           Indonesian citizen, 25 years old, and residing in East
berdomisili di Jakarta Timur. Meraih gelar Sarjana      Jakarta. He held a Bachelor of Law from the Diponegoro
Hukum dari Universitas Diponegoro. Bergabung dengan     University. Joined the Company in 2021.
Perseroan pada tahun 2021.

Kamilla Khairunnisa
Compliance Officer                                      Compliance Officer
Warga Negara Indonesia, 25 tahun, dan berdomisili       Indonesian citizen, 25 years old, and domiciled in
di Tangerang, Jawa Barat. Meraih gelar Sarjana Hukum    Tangerang, West Java. Obtained Bachelor’s Degree
di Universitas Padjajaran. Bergabung dengan Perseroan   in Laws from the University of Padjajaran. Joined the
pada tahun 2023.                                        Company in 2023.

Siti Nurmawati
Compliance Officer                                      Compliance Officer
Warga Negara Indonesia, berusia 24 tahun, dan           Indonesian citizen, 24 years old, and domiciled in
berdomisili di Jakarta Pusat. Meraih gelar Sarjana      Central Jakarta, DKI Jakarta. Obtained Bachelor’s
Hukum dari Universitas Jember. Bergabung dengan         Degree in Laws from the University of Jember. Joined
Perseroan pada tahun 2023.                              the Company in 2023.



Tugas dan Tanggung Jawab Fungsi                         Duties and Responsibilities of Compliance
Kepatuhan                                               Function

Tugas dan tanggung jawab fungsi kepatuhan antara        The duties and responsibilities of the Compliance
lain:                                                   Function include:
1. Merumuskan strategi guna mendorong terciptanya       1. Formulating strategies to encourage the creation
    budaya kepatuhan Perseroan;                            of a culture of compliance with the Company;
2. Mengusulkan kebijakan kepatuhan atau prinsip-        2. Proposing a compliance policy or compliance
    prinsip kepatuhan yang akan ditetapkan oleh            principles that will be determined by the Board
    Direksi;                                               of Directors;
3. Menetapkan sistem dan prosedur kepatuhan yang        3. Establishing compliance systems and procedures
    akan digunakan untuk menyusun ketentuan dan            that will be used to prepare the Company’s internal
    pedoman internal Perseroan;                            rules and guidelines;
4. Memastikan bahwa seluruh kebijakan, ketentuan,       4. Ensuring that all policies, provisions, systems, and
    sistem, dan prosedur serta kegiatan usaha yang         procedures, as well as business operations of the
    dilakukan Perseroan telah sesuai dengan ketentuan      Company, are in line with the provisions of the




                                                                                                                  259
Page 260
         Otoritas Jasa Keuangan dan peraturan perundang-        Financial Services Authority and applicable laws
         undangan yang berlaku;                                 and regulations;

      5. Meminimalkan risiko kepatuhan Perseroan;            5. Minimizing the risk of Company compliance;
      6. Melakukan tindakan pencegahan agar kebijakan        6. Taking precautionary measures to ensure the
         dan/atau keputusan yang diambil Direksi tidak          policies and/or decisions taken by the Board of
         menyimpang dari ketentuan Otoritas Jasa                Directors do not conflict with the provisions of the
         Keuangan dan peraturan perundang-undangan              Financial Services Authority and the prevailing
         yang berlaku; dan                                      laws and regulations; and
      7. Melakukan tugas-tugas lainnya yang terkait dengan   7. Conducting other duties related to the compliance
         fungsi kepatuhan.                                      function.



      Program Kerja Fungsi Kepatuhan                         Work Program of Compliance Function
      1. Melakukan uji kepatuhan; dan                        1. Performing compliance tests; and
      2. Melakukan sosialisasi peraturan baru Otoritas       2. Disseminating new regulations to the Financial
         Jasa Keuangan ke departemen terkait.                   Services Authority related departments.




               Laporan Tahunan
260   2024     Annual Report
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                                                                                 Tata Kelola Perusahaan
                                                                               Good Corporate Governance




Program Anti Pencucian Uang dan Pencegahan Pendanaan
Terorisme
Anti-Money Laundering and Terrorism Financing Prevention Program

Seiring dengan meningkatnya kegiatan pembiayaan      In line with the increasing financing activities currently
saat ini yang ditandai dengan semakin kompleksnya    marked by increasingly complex products and
produk dan aktivitas pembiayaan yang ditawarkan,     financing activities offered, the Company is
Perseroan menerapkan program Anti Pencucian Uang     implementing an Anti-Money Laundering and Terrorism
dan Pencegahan Pendanaan Terorisme (APU dan          Financing Prevention Program (APU and PPT) based
PPT) berdasarkan Peraturan Otoritas Jasa Keuangan    on Financial Services Authority No.23/POJK.05/2019
No.23/ POJK.05/2019 tentang Penerapan Program        on the Implementation of Anti-Money Laundering
Anti Pencucian Uang dan Pencegahan Pendanaan         and Prevention of Terrorism Funding Programs in the
Terorisme di Sektor Jasa Keuangan.                   Financial Services Sector.

Perseroan juga telah memiliki pedoman terkait tata   The Company also has prepared the guidelines
kerja yang tertuang dalam Pedoman Penerapan          related to work procedures contained in the Guidelines
Program Anti Pencucian Uang dan Pencegahan           for the Implementation of the Anti-Money Laundering
Pendanaan Terorisme PT Maybank Indonesia Finance.    and Prevention of Terrorism Funding Program of PT
                                                     Maybank Indonesia Finance.

Guna penerapan program APU dan PPT dapat berjalan    To effectively implement the APU and PPT program,
efektif, Perseroan telah melakukan beberapa hal      the Company has conducted the following:
sebagai berikut:
1. Pengawasan aktif Dewan Komisaris dan Direksi;     1.   Active oversight by the Boards of Commissioners
                                                          and Board of Directors;
2.   Kebijakan dan prosedur;                         2.   Policies and procedures;
3.   Pengendalian internal;                          3.   Internal control;
4.   Sistem informasi manajemen; dan                 4.   Management information system; and
5.   Sumber daya manusia dan pelatihan.              5.   Human resources and training.

Berdasarkan hasil pemantauan dan audit yang          Based on the results of monitoring and audits
dilaksanakan sepanjang tahun 2024, tidak ditemukan   performed during 2024, there are no indications of
indikasi terjadinya tindak pidana pencucian uang     crimes of money laundering and terrorism financing
dan pendanaan terorisme di Perseroan.                in the Company.




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      Manajemen Anti Fraud
      Anti-Fraud Management

      Dalam rangka mencegah terjadinya kasus-kasus            To prevent cases of funding operational irregularities,
      penyimpangan operasional pembiayaan, khususnya          especially fraud that may be detrimental to customers
      fraud yang dapat merugikan debitur dan Perseroan,       and the Company, it is necessary to increase the
      maka diperlukan peningkatan efektivitas pengendalian    effectiveness of internal control to minimize the risk
      internal sebagai upaya meminimalkan risiko fraud        of fraud by implementing anti-fraud management.
      dengan cara menerapkan manajemen anti fraud.

      Perseroan telah memiliki kebijakan anti korupsi telah   The Company has an anti-corruption policy that has
      diatur dalam SOP Penerapan Strategi Anti Fraud yang     been regulated in the SOP for the Implementation of
      disahkan pada tahun 2019, yang kemudian diperbaharui    Anti-Fraud Strategy which was ratified in 2019, which
      pada tahun 2024.                                        was then updated in 2024.

      Selama tahun 2024, tidak ada penyimpangan/              During 2024, there was no deviation/fraud committed
      kecurangan yang sedang dijabat oleh anggota Dewan       by any incumbent member of Board of Commissioners,
      Komisaris, Direksi, Dewan Pengawas Syariah dan          Board of Directors, Sharia Supervisory Board or
      seluruh insan Perseroan terkait dengan proses kerja     individual of the Company related to work process
      dan kegiatan operasional.                               and operations.



      Pemberian Dana Kegiatan Politik
      Provision of Funds for Political Activities

      Selama tahun 2024, Perseroan tidak terlibat di dalam    During 2024, the Company was not involved in political
      kegiatan politik, serta tidak memberikan dana untuk     activities, nor did it provide funds for political purposes.
      kepentingan politik.



      Permasalahan Hukum
      Legal Cases
      Selama tahun 2024 terdapat sejumlah permasalahan        During 2024, there were number of legal cases
      hukum yang dihadapi Perseroan, akan tetapi tidak        encountered by the Company, however do not have
      memiliki dampak material jika permasalahan hukum        material impact if these cases won against the
      tersebut mengalahkan Perseroan. Data perkara hukum      Company. Data on legal cases faced by the Company
      yang dihadapi oleh Perseroan di tahun 2024              in 2024 as shown in the table below:
      sebagaimana di dalam tabel di bawah ini:

                                                              Jumlah | Total
                                                                                                    Dampak terhadap
                Permasalah Hukum                                                                        Perseroan
                                                                                 Hubungan
                   Legal Cases                Pidana           Perdata                                Impact to the
                                                                                 Industrial
                                           Criminal Case      Civil Case                                Company
                                                                             Industrial Relations

       Telah selesai (telah mempunyai                                                               Tidak Material
       kekuatan hukum yang tetap)                                                                   Non Material
                                                 13               13                  0
       Has been completed (has
       permanent legal force)

       Dalam proses penyelesaian                                                                    Tidak Material
                                                 76               19                  0
       In the process of completion                                                                 Non Material

       Jumlah                                                                                       Tidak Material
                                                 89              32                   0
       Total                                                                                        Non Material



                Laporan Tahunan
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                                                                                   Tata Kelola Perusahaan
                                                                                 Good Corporate Governance




Perkara Penting yang Dihadapi oleh Dewan Komisaris dan
Direksi yang Sedang Menjabat
Important Cases Faced by the Current Board of Commissioners and Board of Directors

Selama tahun 2024, tidak ada anggota Dewan              During 2024, none of the current members of the
Komisaris dan Direksi Perseroan yang sedang menjabat    Company's Board of Commissioners and Board of
memiliki permasalahan hukum, baik perdata maupun        Directors had legal problems, either civil or criminal.
pidana. Selain itu, Perseroan tidak memiliki Entitas    In addition, the Company does not have any
Anak, sehingga tidak ada informasinya mengenai          Subsidiaries, so there is no information regarding
perkara penting yang dihadapi oleh Entitas Anak.        important cases faced by the Subsidiaries.




Pengendalian Gratifikasi
Gratuity Control

Perseroan senantiasa menghimbau kepada seluruh          The Company always makes an appeal to all
karyawan di setiap level Manajemen untuk tidak          employees at each level of management for not
memberi atau menerima pemberian atau imbalan            giving or receiving gifts or rewards from customers,
dari debitur, vendor, rekanan, mitra kerja, dan pihak   vendors, partners, business partners, and other third
ketiga lainnya atas jasa yang diberikan oleh karyawan   parties for services provided by employees in carrying
dalam menjalankan tugas dan tanggung jawabnya.          out their duties and responsibilities. The appeal has
Himbauan tersebut telah disosialisasikan dan            been disseminated and included in the Company’s
tercantum dalam Kode Etik Perseroan.                    Code of Conduct.



Laporan Gratifikasi Tahun 2024                          Gratuity Report in 2024

Sepanjang tahun 2024, tidak terdapat laporan            During 2024, there was no gratuity reported to the
gratifikasi yang dilaporkan kepada pihak berwenang      authority in the Company.
di Perseroan.




Sanksi Administratif
Administrative Sanction

Selama tahun 2024, Perseroan tidak pernah menerima      During 2024, the Company did not receive any
sanksi administratif yang berpengaruh secara material   administrative sanction with material impact to the
terhadap kondisi keuangan dan kegiatan usaha            Company's financial condition and business activities.
Perseroan.




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      Sistem Pelaporan Pelanggaran
      Whistleblowing System


      Perseroan mengimplementasikan sistem pelaporan                  The Company implements a whistleblowing system
      pelanggaran (whistleblowing system/WBS) dalam                   (WBS) in order to prevent fraud and practices of
      rangka mencegah terjadinya tindak kecurangan dan                corruption, collusion, and nepotism.
      praktik-praktik korupsi, kolusi, dan nepotisme.

      WBS diluncurkan pada tahun 2014 dan sampai saat                 The WBS was launched in 2014 and until now there
      ini terus dilakukan pengembangan sistem pelaporan               has been continuous development of the system to
      guna menciptakan prosedur pelaporan yang jelas,                 create clear whistleblowing procedures, confidentiality
      kerahasiaan identitas pelapor, dan tindak lanjut yang           of the whistleblower’s identity, and relevant follow-up
      relevan.                                                        actions.



      Penyampaian Laporan Pelanggaran                                 Procedure of Whistleblowing System
      Karyawan dapat melaporkan setiap indikasi pelanggaran           Employees can report any indication of a violation
      yang dapat merugikan Perseroan secara langsung kepada           that could directly harm the Company to the
      pimpinan perusahaan yang kemudian akan diteruskan               Company's leadership which will then be forwarded
      ke unit kerja terkait yaitu Unit Kerja Anti Fraud, Unit Audit   to the relevant work unit, namely the anti-fraud work
      Internal, atau Internal Control Unit, yang kemudian akan        unit, the Internal Audit Unit, or the Internal Control
      mengambil tindakan atas pelanggaran tersebut.                   Unit, which will then take action on the violation.

      Unit kerja yang dibentuk untuk menangani laporan                The work unit that reports the report guarantees the
      pelanggaran menjamin kerahasiaan dan perlindungan               confidentiality and protection of every party who
      atas setiap pihak yang melaporkan adanya pelanggaran.           reports the report that is reported. The reporting report
      Laporan pelanggaran harus mencakup 4W dan 1H,                   must cover 4W and 1H, namely the problems reported
      yaitu masalah yang dilaporkan (what); pihak yang                (what); the parties involved (who); time of the incident
      terlibat (who); waktu kejadian (when); tempat kejadian          (when); the scene (where); and how to make it
      (where); dan bagaimana terjadinya (how).                        happen (how).



      Pengelolaan Laporan Pelanggaran                                 Handling of Whistleblowing System

      Laporan pelanggaran yang masuk akan dikelola                    Whistleblowing received will be handled directly by
      secara langsung oleh Kepala Audit Internal. Setiap              the Head of Internal Audit. Each whistleblowing will
      laporan akan diproses secara independen dan akan                be processed independently and the truthfulness of
      dilakukan penelusuran kebenaran informasi yang                  the information provided will be traced.
      diberikan.



      Media Pelaporan Pelanggaran                                     Whistleblowing Platform

      Untuk setiap laporan mengenai pelanggaran, Perseroan            For every whistleblowing, the Company provides the
      menyediakan media pelaporan berupa fasilitas Event              whistleblowing media in the form of Event Risk Reporting
      Risk Reporting (ERR) sebagai alat komunikasi dan                (ERR) as a communication and information tool
      informasi antar karyawan untuk melaporkan seluruh               among employees to report all existing issues, either
      permasalahan yang ada, baik di dalam lingkungan                 within the branch office or the head office as well as
      kantor cabang maupun kantor pusat serta melalui                 through the Company’s email wb@maybankfinance.
      surel Perseroan wb@maybankfinance.co.id.                        co.id.



                 Laporan Tahunan
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                                                                                    Tata Kelola Perusahaan
                                                                                  Good Corporate Governance




Penanganan Pengaduan                                    Workflow of Whistleblowing Handling

Penanganan pengaduan dan prosedur tindak lanjut         Handling of whistleblowing and procedure for the
terhadap pelaporan sudah diatur dalam Standard          follow-up actions have been set up in the Standard
Operating Procedure Incident Management Data            Operating Procedure for Incident Management Data
Collection.                                             Collection.

Laporan pelanggaran yang masuk akan ditindaklanjuti     The whistleblowing received will be followed up within
selama 14 hari kerja sejak diterimanya laporan.         14 workdays after being reported.

Alur kerja penanganan pengaduan adalah:                 The workflow for handling of whistleblowing is as the
                                                        followings:
1. Tim pengelola laporan pelanggaran menerima           1. The whistleblowing handling team receives
   pengaduan pelanggaran;                                   whistleblowing;
2. Tim pengelola laporan pelanggaran melakukan          2. The whistleblowing handling team conducts an
   penelaahan awal terhadap pengaduan                       initial review of the whistleblowing; and
   pelanggaran; dan
3. Tim pengelola laporan pelanggaran melakukan          3. The whistleblowing handling team conducts an
   investigasi dan hasilnya dilaporkan kepada Direksi      investigation and the results are reported to the
   maupun Dewan Komisaris jika diperlukan.                 Boards of Directors and Board of Commissioners
                                                           if required.



Perlindungan bagi Pelapor                               Protection for Whistleblowers

Perseroan menjamin kerahasiaan dan perlindungan         The Company guarantees confidentiality of and
kepada pelapor dalam melakukan proses setiap            protection to whistleblowers in processing each
pelaporan pengaduan dengan senantiasa                   whistleblowing by constantly prioritizing confidentiality,
mengedepankan kerahasiaan, asas praduga tidak           the principle of presumption of innocence in a
bersalah dengan cara yang profesional. Perseroan        professional manner. The Company guarantees the
menjamin kerahasiaan identitas pelapor, serta           confidentiality of whistleblowers’ identities and protects
memberikan perlindungan kepada pelapor dari             the whistleblowers from any form of threats, intimidation
segala bentuk ancaman, intimidasi, ataupun tindakan     or unpleasant actions from any party.
tidak menyenangkan dari pihak manapun.

Laporan Pengaduan Pelanggaran                           Whistleblowing Report

Selama tahun 2024, tidak terdapat laporan pengaduan     In 2024, there were no whistleblowing reports received
pelanggaran yang diterima oleh Perseroan.               by the Company.




                                                                                                                     265
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      Rencana Strategis
      Strategic Plan

      Rencana strategis Perseroan disusun sesuai dengan       The Company’s strategic plan is compiled under the
      visi dan misi Perseroan. Penyusunan rencana strategis   Company’s vision and mission. The compilation of
      tersebut berpedoman pada Surat Edaran Otoritas          the strategic plan is guided by the Financial Services
      Jasa Keuangan No.15/SEOJK.05/2016 tentang Laporan       Authority Circular Letter No.15/ SEOJK.05/2016
      Penerapan Tata Kelola Perusahaan yang Baik bagi         concerning Report on the Implementation of Good
      Perusahaan Pembiayaan. Rencana strategis dikemas        Corporate Governance for Financing Companies.
      dalam bentuk rencana jangka panjang, rencana            The strategic plan is composed in the form of a long-
      jangka menengah, dan rencana jangka pendek.             term plan, a mid-term plan, and a short-term plan.



      Rencana Jangka Panjang                                  Long-Term Plan

      Perseroan telah menetapkan langkah-langkah              The Company has established long-term strategic
      strategis jangka panjang dengan rincian sebagai         steps with the following details:
      berikut:
      1. Pembiayaan kepada debitur Perusahaan yang            1. Financing to the Company's environmentally
         ramah lingkungan.                                       friendly debtors.
      2. Memperbesar kontribusi Perusahaan dalam              2. Increase the Company's contribution in the financing
         pembiayaan alat berat dan mesin industri;               of heavy equipment and industrial machinery;
         kendaraan niaga; multiguna fasilitas dana; mobil        commercial vehicles; multipurpose fund facilities;
         bekas; serta mobil listrik dan hybrid dengan            used cars; as well as electric and hybrid cars by
         menggandeng lebih banyak APM di Indonesia.              cooperating with more APMs in Indonesia.



      Rencana Jangka Menengah dan Pendek                      Mid and Short-Term Plan

      Target Jangka Pendek:                                   Short-Term Target:
      1. Memperkuat posisi di segmen menengah ke atas         1. Strengthen position in the upper-middle segment
         di pembiayaan mobil baru dengan lebih agresif           in new car financing by more aggressively
         untuk meningkatkan porsi pembiayaan mobil               increasing the share of electric and hybrid car
         listrik dan hybrid.                                     financing.
      2. Optimalisasi saluran digital untuk meningkatkan      2. Optimization of digital channels to increase debtor
         literasi debitur terkait layanan dan produk             literacy regarding financing services and products
         pembiayaan secara inklusif.                             in an inclusive manner.
      3. Meningkatkan kualitas sumber daya manusia            3. Improve the quality of human resources through
         melalui budaya inovasi untuk mendorong kreativitas      a culture of innovation to encourage creativity
         dan inisiatif sebagai bagian dari pengembangan          and initiative as part of sustainable development.
         berkelanjutan.
      4. Meningkatkan penjualan melalui Grup Maybank.         4. Increase sales through Maybank Group.
      5. Meningkatkan kemudahan pelayanan bagi debitur        5. Improve service convenience for debtors by utilizing
         dengan pemanfaatan teknologi digital.                   digital technology.
      6. Meningkatkan pembiayaan di sektor UMKM.              6. Increase financing in the MSME sector




               Laporan Tahunan
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                                                                                   Tata Kelola Perusahaan
                                                                                 Good Corporate Governance




Target Jangka Menengah:                                 Mid-Term Target:
1. Pengembangan sistem teknologi informasi secara       1. Continuous development of information technology
   berkesinambungan untuk mengakomodir                     systems to accommodate rapid business
   perkembangan bisnis yang cepat.                         development.
2. Pengembangan berkelanjutan untuk memberikan          2. Continuous development to provide easy access
   kemudahan akses informasi kepada debitur melalui        to information to debtors through digital-based
   teknologi berbasis digital.                             technology.
3. Pengembangan berkelanjutan untuk automatisasi        3. Continuous development to automate the
   proses kegiatan operasional perusahaan.                 company's operational activities.
4. Menciptakan loyalty program yang dapat               4. Creating loyalty programs that can build long-
   membangun hubungan jangka panjang dengan                term relationships with partner dealers and debtors.
   diler rekanan dan debitur.




Transparansi Kondisi Keuangan dan Nonkeuangan Lainnya
Transparency of Other Financial and Nonfinancial Conditions


Perseroan telah melakukan transparansi kondisi          The Company has made a transparency of financial
keuangan dan nonkeuangan dengan menyusun,               and non-financial conditions by preparing, presenting,
menyajikan dan menyampaikannya kepada Otoritas          and submitting it to the Financial Services Authority
Jasa Keuangan dan pemangku kepentingan sesuai           and stakeholders according to applicable regulations,
ketentuan yang berlaku, serta menyajikan laporan        and presenting the report on the Company’s website
tersebut di dalam situs Perseroan www.maybankfinance.   www.maybankfinance.co.id.
co.id.




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      Perseroan berkomitmen untuk menjalankan tanggung         The Company is committed to implementing Corporate
      jawab sosial perusahaan (Corporate Social                Social Responsibility (CSR) as part of its contribution
      Responsibility/CSR) sebagai bagian dari kontribusinya    to the Sustainable Development Goals (SDGs). The
      terhadap Tujuan Pembangunan Berkelanjutan (TPB).         Company views CSR as a tangible manifestation of
      Perseroan memandang CSR sebagai wujud nyata              its role in creating positive changes in society and
      perannya dalam menciptakan perubahan positif di          the environment. By adopting Environmental, Social,
      masyarakat dan lingkungan sekitar. Dengan                and Governance (ESG) principles, the Company not
      mengadopsi prinsip Environmental, Social, and            only focuses on business growth, but also on creating
      Governance (ESG), Perseroan tidak hanya fokus pada       value for stakeholders through environmental
      pertumbuhan bisnis, tetapi juga pada penciptaan          preservation, social development, and responsible
      nilai bagi pemangku kepentingan melalui pelestarian      governance practices. These initiatives are realized
      lingkungan, pengembangan sosial, serta praktik tata      through programs that support community
      kelola yang bertanggung jawab. Inisiatif-inisiatif ini   empowerment, environmental management, and
      diwujudkan melalui program-program yang                  financial literacy.
      mendukung pemberdayaan masyarakat, pengelolaan
      lingkungan hidup, serta literasi keuangan.

      Dalam bidang lingkungan, Perseroan mengedepankan         On the environmental front, the Company promotes
      pendekatan yang bertanggung jawab untuk                  a responsible approach to reduce the impact of its
      mengurangi dampak operasionalnya terhadap                operations on the environment. Measures taken
      lingkungan. Langkah-langkah yang diambil meliputi        include energy use efficiency, waste management,
      efisiensi penggunaan energi, pengelolaan limbah,         and active participation in environmental conservation
      dan partisipasi aktif dalam kegiatan konservasi          activities. On the other hand, the Company actively
      lingkungan. Di sisi lain, Perseroan turut aktif dalam    participates in improving the financial literacy of the
      meningkatkan literasi keuangan masyarakat melalui        community through the organization of training and
      penyelenggaraan pelatihan dan edukasi yang               education aimed at increasing public understanding
      bertujuan meningkatkan pemahaman masyarakat              of financial management and the wise use of financial
      tentang pengelolaan keuangan dan penggunaan              services. In addition, the Company also pays great
      layanan keuangan secara bijak. Selain itu, Perseroan     attention to community welfare through social
      juga memberikan perhatian besar terhadap                 programs that support access to education, local
      kesejahteraan masyarakat melalui program sosial          economic empowerment, and poverty alleviation.
      yang mendukung akses pendidikan, pemberdayaan            This commitment is reinforced by the implementation
      ekonomi lokal, dan pengentasan kemiskinan. Komitmen      of transparency and compliance standards in every
      ini diperkuat dengan penerapan standar transparansi      aspect of service, ensuring that the products and
      dan kepatuhan dalam setiap aspek layanan,                services offered provide optimal benefits for customers
      memastikan bahwa produk dan layanan yang                 without ignoring the principles of sustainability.
      ditawarkan memberikan manfaat yang optimal bagi
      debitur tanpa mengabaikan prinsip keberlanjutan.




                Laporan Tahunan
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                                                                          Tanggung Jawab Sosial Perusahaan
                                                                               Corporate Social Responsibility




Dasar Hukum                                            Legal Basis

Perseroan melaksanakan CSR dengan mengacu              The Company implements CSR by referring to the
pada peraturan berikut:                                following regulations:
1. Undang-Undang No.40 Tahun 2007 tentang              1. Law No.40 of 2007 on Limited Liability Companies;
   Perseroan Terbatas;
2. Undang-Undang No.13 Tahun 2003 tentang              2. Law No.13 of 2003 on Manpower;
   Ketenagakerjaan;
3. Peraturan Pemerintah No.47 Tahun 2012 tentang       3. Government Regulation No.47 of 2012 on Social
   Tanggung Jawab Sosial dan Lingkungan Perseroan         and Environmental Responsibility of Limited Liability
   Terbatas; dan                                          Companies; and
4. Peraturan Otoritas Jasa Keuangan No.51/             4. Financial Services Authority Regulation No.51/
   POJK.03/2017 tentang Penerapan Keuangan                POJK.03/2017 on Implementation of Sustainable
   Berkelanjutan bagi Lembaga Jasa Keuangan,              Finance for Financial Services Institutions, Issuers,
   Emiten, dan Perusahaan Publik.                         and Public Companies.



Realisasi Anggaran Kegiatan CSR Tahun                  Realization of Budget for CSR Activities
2024                                                   in 2024

Pada tahun 2024, Maybank Finance mengalokasikan        In 2024, Maybank Finance allocated funds for CSR
dana untuk kegiatan CSR sebesar Rp304.876.975.         activities of Rp304,876,975. This amount is in
Besaran ini telah sesuai dengan peraturan              accordance with the prevailing laws and regulations
perundangan yang berlaku di Indonesia dan seluruhnya   in Indonesia and all of them have been used for the
telah digunakan untuk kegaiatan CSR Perseroan.         Company’s CSR activities.




Komitmen Tanggung Jawab Lingkungan Hidup
Environmental Responsibility Commitment


Sebagai perusahaan yang beroperasi di sektor layanan   As a company operating in the financial services
keuangan, aktivitas usaha Perseroan tidak secara       sector, the Company's business activities do not
langsung memengaruhi lingkungan. Meski demikian,       directly affect the environment. Nevertheless, the
Perseroan tetap menunjukkan komitmennya terhadap       Company continues to demonstrate its commitment
pelestarian lingkungan dengan mengambil langkah-       to environmental conservation by taking steps to
langkah untuk mengelola dan meminimalkan jejak         manage and minimize the carbon footprint generated
karbon yang dihasilkan dari operasional sehari-hari.   from its daily operations.

Dalam hal ini, Perseroan mengupayakan pengelolaan      In this regard, the Company conducts environmental
lingkungan hidup serta menerapkan beberapa             management and implements some policies and
kebijakan dan program, yang meliputi:                  programs, including:
1. Kantor Ramah Lingkungan                             1. Environmentally-Friendly Office
    a. Penggunaan Kertas                                   a. Paper Consumption
       Meminimalisasi pemakaian kertas serta                   Minimizing paper consumption and re-use of
       menggunakan kertas bekas untuk mencetak                 used paper to print internal documents as well




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            dokumen-dokumen yang bersifat internal dan                 as to optimize the use of email as media for
            mengoptimalkan penggunaan surat elektronik                 disseminating announcements or information
            (email) sebagai media untuk menyebar-luaskan               internally within the Company.
            pengumuman atau sosialisasi di internal
            perusahaan.

         b. Penghematan Energi                                      b. Energy Saving
             Dalam kegiatan operasional, Perseroan telah               In its operations, the Company has conducted
             melakukan penghematan listrik dengan cara                 electricity saving by reducing the number of
             mengurangi jumlah lampu atau tidak                        lamps or turning lights off when the sunlight
             menyalakan lampu jika cahaya dari luar masih              is still sufficient, and using energy-saving
             memadai, dan mempergunakan peralatan                      electrical appliances.
             listrik yang hemat energi.
         c. Penggunaan Air                                          c. Water Consumption
             Perseroan berusaha semaksimal mungkin                      The Company gives its best effort to use water
             untuk memanfaatkan air seefisien dan seefektif             as efficiently and effectively as possible. Water
             mungkin. Penggunaan air dalam kegiatan                     consumption in the Company’s business
             usaha Perseroan terutama untuk konsumsi,                   operations is for drinking, sanitation support,
             penunjang sanitasi, dan kebersihan tempat                  and housekeeping at workplace. For the Head
             kerja. Untuk kantor pusat, air bersumber dari              Office, the water is supplied by the building
             air yang dikelola oleh pengelola gedung.                   management.
      2. Pertimbangan Aspek Lingkungan dalam Pemberian           2. Consideration on Environmental Aspect in Providing
         Kredit kepada Debitur                                      Loan to the Customer
         Sebagai perusahaan yang bergerak di bidang                 As a financing institution, the Company implements
         jasa pembiayaan, Perseroan telah melaksanakan              green financing. Limitation of used car financing
         green financing. Pembatasan terhadap                       is set in consideration of the vehicle’s age, which
         pembiayaan mobil bekas dilakukan dengan                    is maximum 5 years. This consideration base is
         mempertimbangkan usia kendaraan, yakni                     intended to minimize vehicle emission that may
         maksimal 5 tahun. Dasar pertimbangan ini ditujukan         cause air pollution.
         untuk meminimalkan emisi kendaraan yang dapat
         mengakibatkan polusi udara.
      3. Pengelolaan Limbah                                      3. Waste Management
         Perseroan yang bergerak dalam industri                     As a financing company, Maybank Finance creates
         pembiayaan menghasilkan limbah berupa sampah               waste, including plastic waste, paper, and waste
         plastik, kertas, dan air kotor. Limbah tersebut tidak      water. Based on the Ministry of Environment of
         termasuk ke dalam kategori limbah Bahan                    Indonesia, those waste are not included in the
         Berbahaya dan Beracun (B3) berdasarkan                     Hazardous and Toxic waste list. However, the
         ketentuan Kementerian Lingkungan Hidup Republik            Company at all times manage their waste water
         Indonesia. Meski demikian, Perseroan senantiasa            to reduce the environmental impact.
         melakukan pengelolaan limbah dari pemakaian
         air agar tidak menimbulkan dampak negatif
         terhadap lingkungan.
      4. Penyediaan Air Bersih                                   4. Provision of Clean Water
         Pada tahun 2024, Perseroan telah melaksanakan              In 2024, the Company has provided clean water
         Bantuan air bersih dan penanaman pohon di                  assistance and planted trees in Gunung Kidul,
         Gunung Kidul, Yogyakarta.                                  Yogyakarta.




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                                                                           Tanggung Jawab Sosial Perusahaan
                                                                                Corporate Social Responsibility




Penghargaan dan Sertifikasi, Serta                       Awards and Certification, and Handling
Penanganan Masalah Lingkungan Hidup                      of Environmental Issues

Saat ini, Perseroan belum memiliki sertifikasi terkait   Currently, the Company does not have any certification
lingkungan hidup, karena sifat kegiatan usahanya         related to the environment, because the nature of
tidak memberikan dampak langsung terhadap                its business activities does not have a direct impact
keberlanjutan lingkungan. Selain itu, Perseroan juga     on environmental sustainability. In addition, the
belum membentuk mekanisme pengaduan khusus               Company has also not established a special complaint
untuk isu-isu lingkungan hidup.                          mechanism for environmental issues.

Dampak Kegiatan                                          Impact of Activities

Kegiatan CSR yang berfokus pada lingkungan hidup         CSR activities that focus on the environment have a
membawa dampak positif dengan mengurangi                 positive impact by reducing the potential negative
potensi dampak negatif operasional terhadap              impact of operations on the environment. In addition,
lingkungan. Selain itu, inisiatif ini juga mendukung     this initiative also supports the achievement of
tercapainya efisiensi biaya operasional melalui          operational cost efficiency through savings in the
penghematan penggunaan listrik, air, kertas, serta       use of electricity, water, paper, and various other
berbagai perlengkapan kantor lainnya.                    office supplies.




Tanggung Jawab Terhadap Ketenagakerjaan, Kesehatan dan
Keselamatan Kerja
Responsibility to Employment, Occupational Health and Safety

Perseroan secara konsisten berupaya memperbaiki          The Company consistently strives to improve working
kondisi lingkungan kerja sebagai bagian dari strategi    environment conditions as part of its human resource
pengelolaan sumber daya manusia yang sesuai              management strategy in accordance with prevailing
dengan peraturan perundang-undangan yang berlaku.        laws and regulations. The aim is to create a sense
Tujuannya adalah untuk menciptakan rasa aman             of security and comfort for employees, which in turn
dan nyaman bagi karyawan, yang pada gilirannya           can increase productivity and enable them to work
dapat meningkatkan produktivitas dan memungkinkan        optimally. Some of the steps taken include providing
mereka untuk bekerja dengan maksimal. Beberapa           a safe and healthy working environment, building
langkah yang diambil meliputi penyediaan lingkungan      harmonious working relationships between
kerja yang aman dan sehat, membangun hubungan            management and employees, and reducing the risk
kerja yang harmonis antara manajemen dan karyawan,       of work accidents and diseases related to work
serta mengurangi risiko kecelakaan kerja dan penyakit    activities.
yang berhubungan dengan aktivitas kerja.




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      Ketenagakerjaan                                             Employment

      Program-program terkait ketenagakerjaan yang                Employment-related programs that were implemented
      diimplementasikan sepanjang tahun 2024 antara               throughout 2024 include the following:
      lain adalah sebagai berikut:
      1. Kesetaraan Gender dan Kesempatan Kerja                   1. Gender Equality and Job Opportunities
          Perseroan memberikan kesempatan kerja yang                 The Company provides equal employment
          sama bagi semua kandidat karyawan, baik pria               opportunities for all candidate employees, both
          maupun wanita, tanpa memandang suku, agama,                male and female, regardless of ethnicity, religion,
          ras, golongan politik dan tingkatan sosial. Perseroan      race, political class and social level. The Company
          juga telah memastikan bahwa tidak terdapat                 has also ensured that there is no form of
          bentuk diskriminasi apapun terkait perbedaan               discrimination whatsoever regarding gender
          gender pada aktivitas operasional yang dijalankan.         differences in its operational activities.
          Hingga akhir tahun 2024, Perseroan memiliki 940            Until the end of 2024, the Company has 940
          karyawan dengan komposisi 786 karyawan pria                employees with a composition of 786 male
          dan 154 karyawan wanita yang tersebar di seluruh           employees and 154 female employees spread
          jaringan kantor.                                           across the office network.
      2. Program Pendidikan dan Pelatihan                         2. Education and Training Program
          Setiap karyawan memiliki kesempatan yang sama              Every employee has the same opportunity to take
          untuk mengikuti program pendidikan dan pelatihan.          part in education and training programs. In its
          Dalam pelaksanaanya, keikutsertaan dalam                   implementation, participation in education and
          program pendidikan dan pelatihan ini disesuaikan           training programs is tailored to the needs and
          dengan kebutuhan dan rencana pengembangan                  development plans of the company.
          perusahaan.
      3. Remunerasi                                               3. Remuneration
          Perseroan mentaati semua aturan yang berlaku               The Company complies with all applicable rules
          terkait remunerasi, dimana besaran remunerasi              regarding remuneration, in which the amount of
          seluruh karyawan telah sesuai atau berada di               remuneration for all employees is in accordance
          atas standar Upah Minimum yang berlaku di                  with or above the Minimum Wage standard
          wilayah operasional Perseroan.                             applicable in the operational area of the Company.
      4. Tingkat Perputaran Karyawan                              4. Employee Turnover
          Pada tahun 2024, tingkat perputaran mencapai               In 2024, the turnover rate reached 5.77%, decreased
          5,77% turun dibandingkan tahun sebelumnya                  from 7.97% in the previous year.
          sebesar 7,97%.
      5. Sarana Pengaduan Masalah Ketenagakerjaan                 5. Manpower Problem Complaints Facility
          Perseroan telah menyediakan sarana pengaduan               The Company has provided a means of complaints
          terkait masalah ketenagakerjaan bagi karyawan.             related to labor issues for employees. Complaints
          Pengaduan masalah ketenagakerjaan ini dapat                on labor issues can be submitted directly to the
          disampaikan secara langsung kepada pihak                   Human Resources Department.
          Departemen Sumber Daya Manusia.

      Dampak Kegiatan                                             Impact of Activities

      Inisiatif CSR yang berfokus pada ketenagakerjaan            CSR initiatives that focus on employment have been
      telah berjalan dengan baik dan berhasil mencapai            running well and have successfully achieved their
      tujuannya, yakni menciptakan lingkungan kerja yang          objectives, namely creating a professional, safe,
      profesional, aman, nyaman, dan penuh rasa                   comfortable, and family-like work environment. This
      kekeluargaan. Kondisi ini mendukung kinerja optimal         condition supports the optimal performance of



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                                                                            Tanggung Jawab Sosial Perusahaan
                                                                                 Corporate Social Responsibility




para karyawan, sehingga memberikan kontribusi            employees, thus making a positive contribution to
positif terhadap kelancaran operasional perusahaan       the smooth operation of the company as a whole.
secara keseluruhan.


Kesehatan dan Keselamatan Kerja                          Occupational Health and Safety

Perseroan menyelenggarakan upaya perlindungan            The Company carries out efforts to protect occupational
kesehatan dan keselamatan kerja di lingkungan            health and safety in the internal environment, including
internal, diantaranya melalui:                           through:
1. Memberikan fasilitas asuransi kesehatan dan           1. Providing medical insurance and life insurance
    asuransi jiwa bagi seluruh karyawan dan                 for all employees and enrolling them in the Social
    mengikutsertakan mereka pada program asuransi           Security Administering Body (BPJS) health insurance
    kesehatan Badan Penyelenggara Jaminan Sosial            program. Apart from BPJS Kesehatan, the Company
    (BPJS). Selain BPJS Kesehatan, Perseroan juga           also includes employees in the BPJS Ketenagakerjaan
    mengikutsertakan karyawan pada program BPJS             program with programs that include the Pension
    Ketenagakerjaan dengan program yang meliputi            Security Program (JHT), Work Accident Security
    Program Jaminan Hari Tua (JHT), Program Jaminan         Program (JKK), Death Security Program, and Pension
    Kecelakaan Kerja (JKK), Program Jaminan Kematian,       Security (JP).
    dan Jaminan Pensiun (JP).
2. Perseroan telah menyediakan sarana keselamatan        2. The Company has provided work safety facilities,
    kerja, seperti tersedianya alat pemadam api ringan      such as the availability of light fire extinguishers
    (APAR) dan hydrant, petunjuk jalur evakuasi,            (APAR) and hydrant, evacuation route instructions,
    simulasi evakuasi keadaan darurat, sprinkle, dan        emergency evacuation simulations, sprinklers,
    alat deteksi asap.                                      and smoke detection tools.
3. Hingga 31 Desember 2024, Perseroan mencatat           3. Until December 31, 2024, the Company noted that
    tidak adanya kecelakaan kerja yang menimpa              there were no work accidents that befell employees
    karyawan saat sedang menunaikan tugas dan               while carrying out their duties and responsibilities
    tanggung jawabnya di lingkungan Perseroan.              within the Company.

Dampak Kegiatan                                          Impact of Activities
Praktik kesehatan dan keselamatan kerja yang             Occupational health and safety practices implemented
diterapkan di perusahaan bertujuan untuk mencegah        in the company aim to prevent accidents and maintain
terjadinya kecelakaan serta menjaga kesehatan            employee health. The positive impact of this effort
karyawan. Dampak positif dari upaya ini terlihat         can be seen in the achievement of zero accident
dengan tercapainya kondisi bebas kecelakaan kerja        conditions in the Company's environment throughout
(zero accident) di lingkungan Perseroan sepanjang        2024.
tahun 2024.




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      Tanggung Jawab Terhadap Pengembangan Sosial dan
      Kemasyarakatan
      Responsibility to Social and Community Development

      Perseroan memahami bahwa kelangsungan bisnisnya         The Company understands that its business continuity
      sangat bergantung pada peran serta kontribusi           is highly dependent on the role and contribution of
      masyarakat di sekitarnya. Oleh karena itu, pada tahun   the surrounding community. Therefore, in 2024, the
      2024, Perseroan kembali meningkatkan fokus kegiatan     Company will again increase the focus of CSR activities
      CSR pada pengembangan sosial dan kemasyarakatan,        on social and community development, with priority
      dengan prioritas pada sektor pendidikan, literasi       on the education sector, financial literacy, and
      keuangan, dan pemberdayaan tenaga kerja lokal.          empowerment of local labor.

      1. Penggunaan Tenaga Lokal                              1. Use of Local Workers
         Perseroan telah merekrut 323 tenaga kerja selama        The Company has recruited 323 workers during
         tahun 2024 yang sepenuhnya terdiri dari tenaga          2024, which consists entirely of local workers. This
         kerja lokal. Jumlah tersebut disesuaikan dengan         number is adjusted to the Company's level of
         tingkat kebutuhan Perseroan akan sumber daya            need for human resources.
         manusia.

      2. Literasi Keuangan                                    2. Financial Literacy
         Perseroan turut serta menyelenggarakan program          The Company participates in a financial literacy
         literasi keuangan yang bertujuan mengedukasi            program aiming to educate the community on
         masyarakat tentang pentingnya literasi keuangan         the importance of early financial literacy and to
         sejak dini dan memberikan gambaran umum                 give an overview of financing institution and
         mengenai lembaga pembiayaan serta produk                financial products. Activities of the financial literacy
         keuangan. Berikut program kegiatan literasi             program which the Company conducted in 2024
         keuangan yang diadakan Perseroan pada tahun             are as follow:
         2024:


                                                               Lokasi                             Peserta
                         Program
                                                              Location                           Participant

          Mengakselerasi Pemerataan Literasi       STIE Wiyatamandala, Jakarta        Mahasiswa/i
          Keuangan Masyarakat Melalui
          Pembentukan Duta Literasi Keuangan

          Mengakselerasi Pemerataan Literasi       SMAN 50 Jakarta                    Siswa/i
          Keuangan Masyarakat Melalui
          Pembentukan Duta Literasi Keuangan


      3. Sumbangan dan Donasi Lainnya                         3. Contributions and Other Kinds of Donations
         Perseroan terlibat dalam berbagai aktivitas             The Company participates in various community
         masyarakat dengan melakukan pemberian                   activities by giving contribution and donation in
         sumbangan dan donasi dalam berbagai bentuk,             various forms, as shown below:
         sebagaimana ditunjukkan berikut ini:


                                                                                                 Biaya
                                       Program
                                                                                                  Fee

          Bantuan untuk Panti Asuhan dan Panti Werdha                            20.000.000

          Bantuan Kebakaran di Lamtemen                                          6.000.000

          Bantuan untuk Masjid Kemukiman Leung Bata                              3.500.000




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                                                                         Tanggung Jawab Sosial Perusahaan
                                                                              Corporate Social Responsibility




                                                                                            Biaya
                                 Program
                                                                                             Fee

    Bantuan Hewan Kurban di Desa Gampong                                8.000.000

    Bantuan Korban Banjir Sukabumi                                      25.000.000

    Mata Sehat untuk Anak Indonesia – Pengecekan Kesehatan Mata dan     74.301.600
    Penyaluran Kacamata untuk Siswa/i SDN 01 Pademangan Barat

    Donor Darah Maybank Finance 2024                                    5.499.000

    Bantuan Sarana Air Bersih dan Penanaman Pohon di kampung Gunung     149.928.000
    Sari, Gunung Kidul, Yogyakarta

    Program Daur Ulang Sampah Plastik                                   500.000


4. Penerapan Kebijakan Antikorupsi                     4. The Application of Anti-Corruption Policies
   Perseroan membekali seluruh karyawan, debitur,         The Company has run anti-corruption campaigns
   dan mitra usaha dengan pemahaman antikorupsi.          to all employees, customers, and business partners.
   Kebijakan antikorupsi telah diatur dalam SOP           The anti- corruption policy has been specified in
   Penerapan Strategi Anti Fraud yang telah disahkan      Anticorruption policies have been regulated in
   pada tahun 2020 dan harus dipatuhi oleh seluruh        the SOP on the Implementation of Anti-Fraud
   jenjang organisasi. Pada tahun 2024, seluruh           Strategy which was established in 2020 and must
   karyawan terus menerapkan kebijakan antikorupsi        be observed by all levels of the organization. In
   guna mencegah adanya praktik korupsi, kolusi,          2024, all employees must implement the anti-
   dan nepotisme antara karyawan dengan semua             corruption policy to prevent corruption, collusion,
   debitur dan mitra usaha.                               and nepotism practices between employees and
                                                          customers and business partners.



Dampak Kegiatan                                        Impact of Activities

Program pengembangan sosial dan kemasyarakatan         The social and community development programs
yang dijalankan oleh Perseroan membawa dampak          carried out by the Company have positive impacts,
positif, antara lain peningkatan taraf hidup,          including the improvement of living standards,
pengetahuan, dan kesejahteraan masyarakat. Selain      knowledge, and community welfare. In addition to
memberikan manfaat bagi masyarakat, program ini        providing benefits to the community, this program
juga memberikan keuntungan bagi Perseroan, yaitu       also provides benefits to the Company, namely
memperoleh kepercayaan dan pandangan positif           gaining trust and positive views from the surrounding
dari masyarakat sekitar.                               community.




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      Tanggung Jawab Terhadap Debitur
      Responsibility to Customers


      Perseroan berkomitmen untuk memenuhi tanggung             The Company is committed to fulfilling its responsibility
      jawabnya kepada debitur, tidak hanya melalui produk-      to customers, not only through quality products, but
      produk berkualitas, tetapi juga dengan memberikan         also by providing services that are reliable, safe,
      layanan yang dapat diandalkan, aman, konsisten,           consistent, and fully focused on meeting the needs
      dan sepenuhnya berfokus pada pemenuhan kebutuhan          of the community. To realize this commitment, the
      masyarakat. Untuk mewujudkan komitmen ini,                Company has taken the following steps:
      Perseroan telah mengambil berbagai langkah berikut:

      1. Peningkatan Kualitas Layanan                           1. Improving the Service Quality
         Guna meningkatkan kualitas pelayanan, Perseroan           In order to improve the service quality, the Company
         telah menyediakan ruang khusus bermain untuk              has provided a special playroom for children and
         anak dan ruang laktasi untuk ibu menyusui. Fasilitas      a lactation room for nursing mothers. This facility
         ini bertujuan untuk mengisi waktu para debitur            aims to fill the time of customers who visit the
         yang datang ke kantor pusat Perseroan. Ruang              Company’s head office. Children’s playroom is
         bermain anak didesain dalam ruang kaca dengan             designed in a glass room with games and reading
         dilengkapi dengan permainan hingga buku bacaan.           books. Meanwhile, the lactation room which is
         Sementara, ruang laktasi yang berada tepat di             right next to the playroom is adequate as a closed
         sebelah ruang bermain, memadai sebagai ruang              room for breastfeeding.
         tertutup untuk menyusui.

      2. Survei Kepuasan Pelanggan                              2. Customer Satisfaction Survey
         Perseroan telah melakukan survei kepuasan                 The Company has conducted a customer
         pelanggan di wilayah Jabodetabek dan 5 kota besar         satisfaction survey in Jabodetabek area and other
         lainnya bekerjasama dengan Lembaga Survei. Pada           5 big cities in cooperation with a Survey Institute.
         tahun 2024, hasil survei kepuasan debitur sebesar         In 2024, the results of the customer satisfaction
         9,17%, naik dibandingkan tahun 2023.                      survey were 9.17%, an increase compared to 2023.

      3. Informasi Layanan dan Sarana Pengaduan Debitur         3. Service Information and Customer Complaint
                                                                   Facilities
         Perseroan telah menyediakan media bagi debitur,           The Company provides several media for customers
         baik untuk memperoleh informasi layanan                   to acquire the Company’s service information,
         Perseroan, mengajukan pengaduan, maupun                   lodge complaints, or offer suggestions, by means
         memberikan saran melalui:                                 of the following:
          Website : www.maybankfinance.co.id                       Website : www.maybankfinance.co.id
          Call Center : 0804 1168 811                              Call Center : 0804 1168 811
          SMS Center : 0818 0216 8811                              SMS Center : 0818 0216 8811
          Email : cs@maybankfinance.co.id                          Email : cs@maybankfinance.co.id

         Selain melalui media tersebut, Perseroan juga             Through the provided media, the Company is
         selalu siap melayani dan menindaklanjuti setiap           always ready to serve and follow up any complaint
         aduan bagi debitur yang datang langsung kepada            of customer visiting Customer Service in each
         Customer Service di setiap kantor cabang                  branch office of the Company.
         Perseroan.




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                  Surat Pernyataan Dewan Komisaris dan Direksi
                           tentang Tanggung Jawab atas
               Laporan Tahunan 2024 PT Maybank Indonesia Finance
                   Statement of the Board of Commissioners and
                 the Board of Directors on the Responsibility for the
                2024 Annual Report of PT Maybank Indonesia Finance


Kami, yang bertanda tangan di bawah ini, menyatakan   We, the undersigned, hereby declare that the 2024
bahwa semua informasi dalam Laporan Tahunan           Annual Report of PT Maybank Indonesia Finance has
PT Maybank Indonesia Finance tahun 2024 telah         already contained a complete information and we
dimuat secara lengkap dan bertanggung jawab           shall be fully responsible for the correctness of the
penuh atas kebenaran isi Laporan Tahunan Perseroan.   Company’s Annual Report content.

Demikian pernyataan ini dibuat dengan sebenarnya.     This statement is hereby made in all truthfulness.



                                   Jakarta, Maret 2025 | March 2025

                                          Dewan Komisaris
                                       Board of Commissioners




                                          Budhi Dyah Sitawati
                                           Presiden Komisaris
                                        President Commissioner



        Steffano Ridwan                                                          Herwan Ng
            Komisaris                                                        Komisaris Independen
         Commissioner                                                     Independent Commissioner



                                                Direksi
                                           Board of Directors




                                               Alexander
                                            Presiden Direktur
                                           President Director



         Miki Effendi Lim                                                       Arief Soerendro
             Direktur                                                               Direktur
             Director                                                               Director




                                                                                                              279
Page 280

          
Page 281

          
Page 282
PT Maybank Indonesia Finance

Laporan keuangan tanggal 31 Desember 2024
serta untuk tahun yang berakhir pada tanggal tersebut
beserta laporan auditor independen/
Financial statements as of December 31, 2024
and for the year then ended with independent auditor’s report
Page 283
                                                                                                                  Maybank
                                                                                                                  Finance



          SURAT PERNYATAAN DIREKSI TENTANG
                  LAPORAN KEUANGAN                                                 BOARD OF DIRECTORS STATEMENT
           31 DESEMBER 2024 DAN UNTUK TAHUN                                         FINANCIAL STATEMENTS AS OF
         YANG BERAKHIR PADA TANGGAL TERSEBUT                                           DECEMBER 31, 2024 AND
                                                                                     FOR THE YEAR THEN ENDED

              PT MAYBANK INDONESIA FINANCE
                                                                                    P7 MAYBANK INDONESIA FINANCE
Kaml yang beRanda tangan dibawah ini:
                                                                  We the undersigned:
1. Nama              : Alexander
   Alamat Kantor                                                  1. Name                   : Alexander
                     : Wisma Ekajiwa lantai 10
                                                                     OKlce Address            Wlsma Ekafiwa 10"' Floor
                       Jalan Mangga Dua Raya
                       Jakarta Pusat                                                          Jalan Mangga Dua Raya
  Alamat Domislli    : JI. Taman Palem Lestari                                                Jakarta Pusat
                                                                      Domicile Address     : Jl. Taman Palem Lestar!
                       Blok 610 No. 50
                       Jakarta 8arat                                                          Biok 810 No. 50
  Telepon            :021-62300088                                                           JakarPa BaraP
  Jabatan                                                             Telephone            : 021.62300088
                     : Presiden Direktur
                                                                      Function             : President 8 CEO
2. Plama             : Arlef Soerendro
   Alamat Kantor                                                  2. Name                  : Arief Soerendro
                     : Wisma Ekajiwa lantai 10
                                                                    Of(ice Address           Wisma EkaJiwa 10"' Floor
                       Jalan Mangga Dua Raya
                       Jakarta Pusat                                                         Jalan Mangga Dua Raya
  Alamat Domisili    : Griya Harapan Permaf C117 RT.002~003,                                 Jakarta Pusat
                                                                      Domicile Address     : Griya Harapan Permai C1/7 RT.0011003,
                       Pejuang, Medan Satrla — Bekasl
 Telepon             :021.62300068                                                           Pejuang, Medan Satria — Bekasi
 Jabatan                                                              Telephone            :027.62300088
                     : Direktur
                                                                      Function                Director
Menyatakan bahwa
                                                                 Dec/aro that:
    1.     Kami bertanggung jawab alas penyusunan
                                                  dan                    1.   Wo ore responsJdle for the preparation
           penyajian laporan keuangan PT MAYBAN                                                                          and
                                                    K                         presentation  of the
           INDONESIA FINANCE.                                                                       financial statements  of
                                                                              PT MA YBANK INDONESIA FINANCE.
    2.     Laporan keuangan PT MAYBANK INDONE
                                                   SIA                   2.   The financial statements of PT MAYBANK
           FINANCE telah disusun dan dlsaJlkan                                                                       INDONESIA
                                                sesual                        FINANCE have been prepared and presente
           dengan Standar Akuntansl Keuangan (SAK) dl                                                                     d in
           Indonesia.                                                         accordance with Indonesian Financial Account
                                                                                                                           ing
                                                                              Standards (SAK).
    3.   a.    Semua informasl dalam laporan kouangan
                                                                        3.    a.   A// Information !n the flnanclal statements
               PT MAYBANIC INDONESIA FINANCE telah                                                                             of
               dimuat secara benar dan lengkap.                                    PT MAYBANK INDONESIA FINANCE has been
                                                                                   dJsclosed !n complate and truthful manner.
         b.    Laporan keuangan PT MAYBANK INDONESIA
                                                                              b.    Tho financial sYatomonts o7 PT MAYBA
               FINANCE tidak mengandung informasi atau                                                                        Nlt
                                                                                   INDONESIA FINANCE do not contain any incorrec
               fakta material yang 4idak benar dan tidak                                                                         t
               menghilangkan informasi atau fakta material.                        information or material fact, not do they omit
                                                                                   information or material facts.
    4.   Kaml bertanggung jawab alas sistem pengendalian
                                                                        4.    Wa are responsible for PT MAYBANK INDONE
         internal dalam PT MAYBANK INDONESIA FINANCE
                                                        .                                                              SIA
                                                                              FINANCE internal centre! system.
    Demikian pemyataan Ini dfbuat dengan sebonarnya.
                                                                        We certified the accuracy o/this statement.




                    Alas nama dan mewakili Direksi /For and
                                                               on behalf of the Boards of Directors
                                          Jakarta, 20 FebruarilFebruary 2025




                                            ?        \~

                                                                 ~       ~U~~~
                                                               TEMP
                                                    91AMX167566225

                                Alexander                                Arief Soerendro /yti
                             Presiden Direk4ur                                Direktur  ( a4
                             President & CEO                                 Director
Page 284
                                                                             The original financial statements included herein are in the
                                                                                                                   Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                             PT MAYBANK INDONESIA FINANCE
             LAPORAN KEUANGAN                                                         FINANCIAL STATEMENTS
          TANGGAL 31 DESEMBER 2024                                                   AS OF DECEMBER 31, 2024
      SERTA UNTUK TAHUN YANG BERAKHIR                                             AND FOR THE YEAR THEN ENDED
           PADA TANGGAL TERSEBUT                                               WITH INDEPENDENT AUDITOR’S REPORT
     BESERTA LAPORAN AUDITOR INDEPENDEN


                          Daftar Isi                                                           Table of Contents


                                                               Halaman/
                                                                Page


Laporan Auditor Independen                                                                             Independent Auditor’s Report

Laporan Posisi Keuangan ….……..…………………….                          1-3      …………………………Statements of Financial Position

Laporan Laba Rugi dan                                                                Statements of Profit or Loss and
    Penghasilan Komprehensif Lain .…….………………                      4       …………………….Other Comprehensive Income

Laporan Perubahan Ekuitas ………...............................      5       ………………………...Statements of Changes in Equity

Laporan Arus Kas …….…..……………………………….                             6-7      ……………………………….. Statements of Cash Flows

Catatan atas Laporan Keuangan …….…....................... 8-116           ............................... Notes to the Financial Statements


                                                   **************************
Page 285
                                                                           The original report included herein is in
                                                                                          the Indonesian language.



Laporan Auditor Independen                              Independent Auditor’s Report

Laporan No.      00074/2.1032/AU.1/09/0703-             Report    No.     00074/2.1032/AU.1/09/0703-
4/1/II/2025                                             4/1/II/2025


Pemegang Saham, Dewan Komisaris, dan Direksi            The Shareholders, the Board of Commissioners
PT Maybank Indonesia Finance                            and the Directors
                                                        PT Maybank Indonesia Finance

Opini                                                   Opinion

Kami telah mengaudit laporan keuangan                   We have audited the accompanying financial
PT Maybank Indonesia Finance (“Perusahaan”)             statements of PT Maybank Indonesia Finance (the
terlampir, yang terdiri dari laporan posisi             “Company”), which comprise the statement of
keuangan tanggal 31 Desember 2024, serta                financial position as of December 31, 2024, and
laporan laba rugi dan penghasilan komprehensif          the statement of profit or loss and other
lain, laporan perubahan ekuitas, dan laporan arus       comprehensive income, statement of changes in
kas untuk tahun yang berakhir pada tanggal              equity, and statement of cash flows for the year
tersebut, serta catatan atas laporan keuangan,          then ended, and notes to the financial statements,
termasuk informasi kebijakan akuntansi material.        including material accounting policy information.

Menurut opini kami, laporan keuangan terlampir          In our opinion, the accompanying financial
menyajikan secara wajar, dalam semua hal yang           statements present fairly, in all material respects,
material, posisi keuangan Perusahaan tanggal            the financial position of the Company as of
31 Desember 2024, serta kinerja keuangan dan            December 31, 2024, and its financial performance
arus kasnya untuk tahun yang berakhir pada              and cash flows for the year then ended, in
tanggal tersebut, sesuai dengan Standar                 accordance with Indonesian Financial Accounting
Akuntansi Keuangan di Indonesia.                        Standards.




                                                    i
Page 286
                                                                               The original report included herein is in
                                                                                              the Indonesian language.



Laporan Auditor Independen (lanjutan)                      Independent Auditor’s Report (continued)

Laporan No. 00074/2.1032/AU.1/09/0703-                     Report    No.    00074/2.1032/AU.1/09/0703-
4/1/II/2025 (lanjutan)                                     4/1/II/2025 (continued)


Basis opini                                                Basis for opinion

Kami melaksanakan audit kami berdasarkan                   We conducted our audit in accordance with
Standar Audit yang ditetapkan oleh Institut                Standards on Auditing established by the
Akuntan Publik Indonesia (“IAPI”). Tanggung                Indonesian Institute of Certified Public Accountants
jawab kami menurut standar tersebut diuraikan              (“IICPA”). Our responsibilities under those
lebih lanjut dalam paragraf Tanggung Jawab                 standards are further described in the Auditor’s
Auditor terhadap Audit atas Laporan Keuangan               Responsibilities for the Audit of the Financial
pada laporan kami. Kami independen terhadap                Statements paragraph of our report. We are
Perusahaan berdasarkan ketentuan etika yang                independent of the Company in accordance with
relevan dalam audit kami atas laporan keuangan             the ethical requirements relevant to our audit of
di Indonesia, dan kami telah memenuhi tanggung             the financial statements in Indonesia, and we have
jawab etika lainnya berdasarkan ketentuan                  fulfilled our other ethical responsibilities in
tersebut. Kami yakin bahwa bukti audit yang telah          accordance with such requirements. We believe
kami peroleh adalah cukup dan tepat untuk                  that the audit evidence we have obtained is
menyediakan suatu basis bagi opini kami.                   sufficient and appropriate to provide a basis for our
                                                           opinion.

Hal audit utama                                            Key audit matters

Hal audit utama adalah hal-hal yang, menurut               Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal               professional judgment, were of most significance in
yang paling signifikan dalam audit kami atas               our audit of the financial statements of the current
laporan keuangan periode kini. Hal audit utama             period. Such key audit matters were addressed in
tersebut disampaikan dalam konteks audit kami              the context of our audit of the financial statements
atas laporan keuangan secara keseluruhan, dan              taken as a whole, and in forming our opinion
dalam merumuskan opini kami atas laporan                   thereon, and we do not provide a separate opinion
keuangan terkait, dan kami tidak menyatakan                on such key audit matters. For the key audit matter
suatu opini terpisah atas hal audit utama tersebut.        below, our description of how our audit addressed
Untuk hal audit utama di bawah ini, penjelasan             such key audit matter is provided in such context.
kami tentang bagaimana audit kami merespons
hal tersebut disampaikan dalam konteks tersebut.




                                                      ii
Page 287
                                                                            The original report included herein is in
                                                                                           the Indonesian language.



Laporan Auditor Independen (lanjutan)                    Independent Auditor’s Report (continued)

Laporan No. 00074/2.1032/AU.1/09/0703-                   Report    No.    00074/2.1032/AU.1/09/0703-
4/1/II/2025 (lanjutan)                                   4/1/II/2025 (continued)


Hal audit Utama (lanjutan)                               Key audit matters (continued)

Kami telah memenuhi tanggung jawab yang                  We have fulfilled the responsibilities described in
diuraikan dalam paragraf Tanggung Jawab                  the Auditor’s Responsibilities for the Audit of the
Auditor terhadap Audit atas Laporan Keuangan             Financial Statements paragraph of our report,
pada laporan kami, termasuk sehubungan dengan            including in relation to the key audit matter
hal audit utama yang dikomunikasikan di bawah            communicated below. Accordingly, our audit
ini. Oleh karena itu, audit kami mencakup                included the performance of procedures designed
pelaksanaan prosedur yang didesain untuk                 to respond to our assessment of the risks of
merespons penilaian kami atas risiko kesalahan           material misstatement of the accompanying
penyajian material dalam laporan keuangan                financial statements. The results of our audit
terlampir. Hasil prosedur audit kami, termasuk           procedures, including the procedures performed to
prosedur yang dilakukan untuk merespons hal              address the key audit matter below, provide the
audit utama di bawah ini, menyediakan basis bagi         basis for our opinion on the accompanying financial
opini kami atas laporan keuangan terlampir.              statements.

Cadangan kerugian penurunan nilai atas piutang           Allowance for impairment losses on finance lease
sewa pembiayaan dan piutang pembiayaan                   receivables and consumer financing receivables
konsumen

Penjelasan atas hal audit utama:                         Description of the key audit matter:

Seperti yang dijelaskan dalam Catatan 5 dan 6            As described in Notes 5 and 6 to the accompanying
atas laporan keuangan terlampir, pada tanggal            financial statements, as of December 31, 2024,
31 Desember 2024, saldo cadangan kerugian                the balances of allowance for impairment losses on
penurunan nilai atas piutang sewa pembiayaan             finance lease receivables and consumer financing
dan piutang pembiayaan konsumen masing-                  receivables were Rp18,529 million and Rp35,199
masing adalah sebesar Rp18.529 juta dan                  million, respectively. Refer to summary of
Rp35.199 juta. Mengacu kepada ikhtisar                   significant accounting policies of allowance for
kebijakan akuntansi signifikan untuk cadangan            impairment losses in Note 2d, use of significant
kerugian penurunan nilai atas piutang sewa               accounting estimates and assumptions in Note 3,
pembiayaan dan piutang pembiayaan konsumen               and the disclosures of allowance for impairment
diungkapkan dalam Catatan 2d, penggunaan                 losses on finance lease receivables and consumer
estimasi dan asumsi yang signifikan pada Catatan         financing receivables in Notes 5 and 6 to the
3 dan pengungkapan pada Catatan 5 dan 6 pada             accompanying financial statements. We focused on
laporan keuangan terlampir. Kami fokus pada              this area because the amount of allowance for
area ini karena nilai cadangan kerugian                  impairment losses on finance lease receivables and
penurunan nilai atas piutang sewa pembiayaan             consumer financing receivables are significant to
dan piutang pembiayaan konsumen signifikan               the accompanying financial statements.
terhadap laporan keuangan terlampir.




                                                   iii
Page 288
                                                                                The original report included herein is in
                                                                                               the Indonesian language.



Laporan Auditor Independen (lanjutan)                       Independent Auditor’s Report (continued)

Laporan No. 00074/2.1032/AU.1/09/0703-                      Report    No.    00074/2.1032/AU.1/09/0703-
4/1/II/2025 (lanjutan)                                      4/1/II/2025 (continued)


Hal audit Utama (lanjutan)                                  Key audit matters (continued)

Cadangan kerugian penurunan nilai atas piutang              Allowance for impairment losses on finance lease
sewa pembiayaan dan piutang pembiayaan                      receivables and consumer financing receivables
konsumen (lanjutan)                                         (continued)

Penjelasan atas hal audit utama (lanjutan):                 Description of the key audit matter (continued):

Penentuan cadangan kerugian penurunan nilai                 Determination of allowance for impairment losses
memerlukan pertimbangan signifikan dan                      requires significant judgements and is subject to
memiliki ketidakpastian estimasi termasuk dalam             estimation uncertainty which includes determining
penentuan model untuk menghitung cadangan                   the model to calculate allowance for impairment
kerugian penurunan nilai, identifikasi eksposur             losses, identification of credit exposures with
kredit yang mengalami penurunan kualitas kredit             significant deterioration in credit quality, and
yang signifikan, dan penentuan asumsi yang                  determining assumptions used in the allowance for
digunakan dalam model perhitungan cadangan                  impairment       losses      calculation     models,
kerugian penurunan nilai, yang memperhitungkan              incorporating forward-looking macroeconomic
faktor-faktor ekonomi makro berorientasi masa               factors. For allowance for impairment losses that
depan. Cadangan kerugian penurunan nilai secara             was assessed collectively, the Company uses
kolektif dihitung dengan menggunakan metode                 statistical method of the historical data such as the
statistik dari data historis berupa kemungkinan             probability of defaults, time of recoveries, and the
gagal bayar terjadi (Probability of Default) di masa        amount of loss incurred (Loss Given Default),
lalu, waktu pengembalian, dan jumlah kerugian               exercising management’s judgment of current
yang terjadi (Loss Given Default) dengan                    condition of economic and credit.
memperhitungkan pertimbangan manajemen
terkait kondisi ekonomi dan kredit saat ini.




                                                       iv
Page 289
                                                                            The original report included herein is in
                                                                                           the Indonesian language.



Laporan Auditor Independen (lanjutan)                   Independent Auditor’s Report (continued)

Laporan No. 00074/2.1032/AU.1/09/0703-                  Report    No.    00074/2.1032/AU.1/09/0703-
4/1/II/2025 (lanjutan)                                  4/1/II/2025 (continued)


Hal audit Utama (lanjutan)                              Key audit matters (continued)

Cadangan kerugian penurunan nilai atas piutang          Allowance for impairment losses on finance lease
sewa pembiayaan dan piutang pembiayaan                  receivables and consumer financing receivables
konsumen (lanjutan)                                     (continued)

Tanggapan audit:                                        Audit response:

Kami menguji pengendalian utama atas                    We tested the key controls over the origination,
pemberian, pencatatan dan pengawasan piutang            recording and monitoring of the finance lease and
sewa pembiayaan dan pembiayaan konsumen                 consumer finance receivables. We obtained
yang diberikan. Kami memeroleh pemahaman dan            understanding       and      assessed    impairment
menilai metodologi pengukuran penurunan nilai,          measurement methodologies, validation of
validasi model cadangan kerugian penurunan              allowance for impairment losses models, inputs,
nilai, data masukan, dasar, dan asumsi yang             basis, and assumptions used by the Company in
digunakan oleh Perusahaan dalam menghitung              calculating the allowance for impairment losses,
cadangan kerugian penurunan nilai, serta menguji        and tested the classification into three stage credit
tiga tahapan kualitas kredit portofolio sesuai          quality of loan portfolios in accordance with staging
dengan kriteria tingkatan (staging) yang disusun        criteria developed by the Company for finance
oleh Perusahaan untuk piutang sewa pembiayaan           lease and consumer finance receivables. We tested
dan pembiayaan konsumen. Kami menguji apakah            whether historical experience is representative of
pengalaman historis mewakili keadaan saat ini dan       current circumstances and of the recent losses
kerugian terkini yang terjadi dalam portofolio,         incurred in the portfolios, and assessed
serta menilai kewajaran atas penyesuaian asumsi         reasonableness of forward-looking adjustments,
masa depan, analisis faktor ekonomi makro, dan          macroeconomic factor analysis, and probability-
beberapa skenario probabilitas tertimbang,              weighted multiple scenarios for finance lease and
memeriksa keakurasian perhitungan jumlah                consumer finance receivables. We checked the
cadangan kerugian penurunan nilai dengan                accuracy of the calculation of the allowance for
melakukan perhitungan ulang atas keseluruhan            impairment losses amount by recalculating the
portofolio yang penurunan nilainya dinilai secara       collective impairment assessment for the entire
kolektif. Kami menilai apakah pengungkapan di           portfolio. We assessed whether the financial
laporan keuangan cukup dan secara memadai               statements disclosures are adequately and
mencerminkan eksposur Perusahaan terhadap               appropriately reflecting the Company’s exposures
risiko kredit. Kami melibatkan pakar auditor            to credit risk. We involved our auditor’s internal
internal kami untuk membantu kami dalam                 expert to assist us in the performance of the above
melakukan prosedur-prosedur di atas ketika              procedures where their specific expertise was
keahlian spesifik mereka diperlukan.                    required.




                                                    v
Page 290
                                                                            The original report included herein is in
                                                                                           the Indonesian language.



Laporan Auditor Independen (lanjutan)                   Independent Auditor’s Report (continued)

Laporan No. 00074/2.1032/AU.1/09/0703-                  Report    No.    00074/2.1032/AU.1/09/0703-
4/1/II/2025 (lanjutan)                                  4/1/II/2025 (continued)


Informasi lain                                          Other information

Manajemen bertanggung jawab atas informasi              Management is responsible for the other
lain. Informasi lain terdiri dari informasi yang        information. Other information comprises the
tercantum dalam Laporan Tahunan Tahun 2024              information included in the the 2024 Annual
PT Maybank Indonesia Finance (“Laporan                  Report PT Maybank Indonesia Finance (“The
Tahunan”) selain laporan keuangan terlampir             Annual Report”) other than the accompanying
dan laporan auditor independen kami. Laporan            financial statements and our independent auditor’s
Tahunan diharapkan akan tersedia bagi kami              report thereon. The Annual Report is expected to
setelah tanggal laporan auditor independen ini.         be made available to us after the date of this
                                                        independent auditor’s report.

Opini kami atas laporan keuangan terlampir tidak        Our opinion on the accompanying financial
mencakup Laporan Tahunan, dan oleh karena itu,          statements does not cover the Annual Report, and
kami tidak menyatakan bentuk keyakinan apapun           accordingly, we do not express any form of
atas Laporan Tahunan tersebut.                          assurance on the Annual Report.

Sehubungan dengan audit kami atas laporan               In connection with our audit of the accompanying
keuangan terlampir, tanggung jawab kami adalah          financial statements, our responsibility is to read
untuk membaca Laporan Tahunan ketika tersedia           the Annual Report when it becomes available and,
dan,          dalam           melaksanakannya,          in doing so, consider whether the Annual Report is
mempertimbangkan apakah Laporan Tahunan                 materially inconsistent with the accompanying
mengandung      ketidakkonsistensian   material         financial statements or our knowledge obtained in
dengan laporan keuangan terlampir atau                  the audit, or otherwise appears to be materially
pemahaman yang kami peroleh selama audit,               misstated.
atau mengandung kesalahan penyajian material.

Ketika kami membaca Laporan Tahunan, jika               When we read the Annual Report, if we conclude
kami menyimpulkan bahwa terdapat suatu                  that there is a material misstatement therein, we
kesalahan penyajian material di dalamnya, kami          are required to communicate the matter to those
diharuskan untuk mengomunikasikan           hal         charged with governance and take appropriate
tersebut kepada pihak yang bertanggung jawab            actions based on the applicable laws and
atas tata kelola dan melakukan tindakan yang            regulations.
tepat berdasarkan peraturan perundang-
undangan yang berlaku.




                                                   vi
Page 291
                                                                             The original report included herein is in
                                                                                            the Indonesian language.



Laporan Auditor Independen (lanjutan)                     Independent Auditor’s Report (continued)

Laporan No. 00074/2.1032/AU.1/09/0703-                    Report    No.    00074/2.1032/AU.1/09/0703-
4/1/II/2025 (lanjutan)                                    4/1/II/2025 (continued)


Tanggung jawab manajemen dan pihak yang                   Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap               charged with governance for the financial
laporan keuangan                                          statements

Manajemen bertanggung jawab atas penyusunan               Management is responsible for the preparation and
dan penyajian wajar laporan keuangan tersebut             fair presentation of the financial statements in
sesuai dengan Standar Akuntansi Keuangan di               accordance with Indonesian Financial Accounting
Indonesia, dan atas pengendalian internal yang            Standards, and for such internal control as
dianggap perlu oleh manajemen untuk                       management determines is necessary to enable the
memungkinkan penyusunan laporan keuangan                  preparation of financial statements that are free
yang bebas dari kesalahan penyajian material,             from material misstatement, whether due to fraud
baik yang disebabkan oleh kecurangan maupun               or error.
kesalahan.

Dalam     penyusunan       laporan     keuangan,          In preparing the financial statements, management
manajemen bertanggung jawab untuk menilai                 is responsible for assessing the Company’s ability
kemampuan Perusahaan dalam mempertahankan                 to continue as a going concern, disclosing, as
kelangsungan usahanya, mengungkapkan, sesuai              applicable, matters related to going concern, and
dengan kondisinya, hal-hal yang berkaitan dengan          using the going concern basis of accounting, unless
kelangsungan usaha, dan menggunakan basis                 management either intends to liquidate the
akuntansi    kelangsungan      usaha,     kecuali         Company or to cease its operations, or has no
manajemen memiliki intensi untuk melikuidasi              realistic alternative but to do so.
Perusahaan atau menghentikan operasi, atau
tidak memiliki alternatif yang realistis selain
melaksanakannya.

Pihak yang bertanggung jawab atas tata kelola             Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses                  overseeing the Company’s financial reporting
pelaporan keuangan Perusahaan.                            process.




                                                    vii
Page 292
                                                                               The original report included herein is in
                                                                                              the Indonesian language.



Laporan Auditor Independen (lanjutan)                      Independent Auditor’s Report (continued)

Laporan No. 00074/2.1032/AU.1/09/0703-                     Report    No.    00074/2.1032/AU.1/09/0703-
4/1/II/2025 (lanjutan)                                     4/1/II/2025 (continued)


Tanggung jawab auditor terhadap audit atas                 Auditor’s responsibilities for the audit of the
laporan keuangan                                           financial statements

Tujuan kami adalah untuk memeroleh keyakinan               Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan                    about whether the financial statements taken as a
secara keseluruhan bebas dari kesalahan                    whole are free from material misstatement,
penyajian material, baik yang disebabkan oleh              whether due to fraud or error, and to issue an
kecurangan maupun kesalahan, dan untuk                     independent auditor’s report that includes our
menerbitkan laporan auditor independen yang                opinion. Reasonable assurance is a high level of
mencakup opini kami. Keyakinan memadai                     assurance, but is not a guarantee that an audit
merupakan suatu tingkat keyakinan tinggi, namun            conducted in accordance with Standards on
bukan merupakan suatu jaminan bahwa audit                  Auditing established by the IICPA will always detect
yang dilaksanakan berdasarkan Standar Audit                a material misstatement when it exists.
yang ditetapkan oleh IAPI akan selalu mendeteksi           Misstatements can arise from fraud or error and
kesalahan penyajian material ketika hal tersebut           are considered material if, individually or in the
ada. Kesalahan penyajian dapat disebabkan oleh             aggregate, they could reasonably be expected to
kecurangan maupun kesalahan dan dianggap                   influence the economic decisions of users taken on
material jika, baik secara individual maupun               the basis of these financial statements.
agregat, dapat diekspektasikan secara wajar akan
memengaruhi keputusan ekonomi yang diambil
oleh pengguna berdasarkan laporan keuangan
tersebut.

Sebagai bagian dari suatu audit berdasarkan                As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami              Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan                    professional judgment and maintain professional
mempertahankan skeptisisme profesional selama              skepticism throughout the audit. We also:
audit. Kami juga:

   Mengidentifikasi dan menilai risiko kesalahan             Identify and assess the risks of material
    penyajian material dalam laporan keuangan,                 misstatement of the financial statements,
    baik yang disebabkan oleh kecurangan                       whether due to fraud or error, design and
    maupun     kesalahan,      mendesain      dan              perform audit procedures responsive to such
    melaksanakan prosedur audit yang responsif                 risks, and obtain audit evidence that is
    terhadap risiko tersebut, serta memeroleh                  sufficient and appropriate to provide a basis for
    bukti audit yang cukup dan tepat untuk                     our opinion. The risk of not detecting a material
    menyediakan basis bagi opini kami. Risiko                  misstatement resulting from fraud is higher
    tidak   terdeteksinya     suatu     kesalahan              than for one resulting from error, as fraud may
    penyajian material yang disebabkan oleh                    involve     collusion,    forgery,    intentional
    kecurangan lebih tinggi dari yang disebabkan               omissions, misrepresentations, or override of
    oleh kesalahan, karena kecurangan dapat                    internal control.
    melibatkan kolusi, pemalsuan, penghilangan
    secara sengaja, pernyataan salah, atau
    pengabaian atas pengendalian internal.


                                                    viii
Page 293
                                                                             The original report included herein is in
                                                                                            the Indonesian language.



Laporan Auditor Independen (lanjutan)                     Independent Auditor’s Report (continued)

Laporan No. 00074/2.1032/AU.1/09/0703-                    Report    No.    00074/2.1032/AU.1/09/0703-
4/1/II/2025 (lanjutan)                                    4/1/II/2025 (continued)


Tanggung jawab auditor terhadap audit atas                Auditor’s responsibilities for the audit of the
laporan keuangan (lanjutan)                               financial statements (continued)

Sebagai bagian dari suatu audit berdasarkan               As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami             Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan                   professional judgment and maintain professional
mempertahankan skeptisisme profesional selama             skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan)                              (continued)

   Memeroleh suatu pemahaman tentang                        Obtain an understanding of internal control
    pengendalian internal yang relevan dengan                 relevant to the audit in order to design audit
    audit untuk mendesain prosedur audit yang                 procedures that are appropriate in the
    tepat sesuai dengan kondisinya, tetapi bukan              circumstances, but not for the purpose of
    untuk tujuan menyatakan opini atas                        expressing an opinion on the effectiveness of
    keefektivitasan    pengendalian      internal             the Company’s internal control.
    Perusahaan.

   Mengevaluasi ketepatan kebijakan akuntansi               Evaluate the appropriateness of accounting
    yang digunakan serta kewajaran estimasi                   policies used and the reasonableness of
    akuntansi dan pengungkapan terkait yang                   accounting estimates and related disclosures
    dibuat oleh manajemen.                                    made by management.

   Menyimpulkan ketepatan penggunaan basis                  Conclude on        the appropriateness of
    akuntansi     kelangsungan      usaha     oleh            management's use of the going concern basis
    manajemen dan, berdasarkan bukti audit yang               of accounting and, based on the audit evidence
    diperoleh,     apakah     terdapat       suatu            obtained, whether a material uncertainty exists
    ketidakpastian material yang terkait dengan               related to events or conditions that may cast
    peristiwa    atau    kondisi    yang     dapat            significant doubt on the Company's ability to
    menyebabkan keraguan signifikan atas                      continue as a going concern. If we conclude
    kemampuan           Perusahaan           untuk            that a material uncertainty exists, we are
    mempertahankan kelangsungan usahanya.                     required to draw attention in our independent
    Ketika kami menyimpulkan bahwa terdapat                   auditor’s report to the related disclosures in
    suatu     ketidakpastian     material,    kami            the financial statements or, if such disclosures
    diharuskan untuk menarik perhatian dalam                  are inadequate, to modify our opinion. Our
    laporan auditor independen kami ke                        conclusion is based on the audit evidence
    pengungkapan      terkait    dalam     laporan            obtained up to the date of our independent
    keuangan atau, jika pengungkapan tersebut                 auditor’s report. However, future events or
    tidak memadai, memodifikasi opini kami.                   conditions may cause the Company to cease to
    Kesimpulan kami didasarkan pada bukti audit               continue as a going concern.
    yang diperoleh hingga tanggal laporan auditor
    independen kami. Namun, peristiwa atau
    kondisi masa depan dapat menyebabkan
    Perusahaan tidak dapat mempertahankan
    kelangsungan usaha.


                                                     ix
Page 294
                                                                            The original report included herein is in
                                                                                           the Indonesian language.



Laporan Auditor Independen (lanjutan)                   Independent Auditor’s Report (continued)

Laporan No. 00074/2.1032/AU.1/09/0703-                  Report    No.    00074/2.1032/AU.1/09/0703-
4/1/II/2025 (lanjutan)                                  4/1/II/2025 (continued)


Tanggung jawab auditor terhadap audit atas              Auditor’s responsibilities for the audit of the
laporan keuangan (lanjutan)                             financial statements (continued)

Sebagai bagian dari suatu audit berdasarkan             As part of an audit in accordance with Standards on
Standar Audit yang ditetapkan oleh IAPI, kami           Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan                 professional judgment and maintain professional
mempertahankan skeptisisme profesional selama           skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan)                            (continued)

   Mengevaluasi penyajian, struktur, dan isi              Evaluate the overall presentation, structure,
    laporan keuangan secara keseluruhan,                    and content of the financial statements,
    termasuk pengungkapannya, dan apakah                    including the disclosures, and whether
    laporan keuangan mencerminkan transaksi                 the     financial statements represent the
    dan peristiwa yang mendasarinya dengan                  underlying transactions and events in a manner
    suatu cara yang mencapai penyajian wajar.               that achieves fair presentation.

Kami mengomunikasikan kepada pihak yang                 We communicate with those charged with
bertanggung jawab atas tata kelola mengenai,            governance regarding, among other matters, the
antara lain, ruang lingkup dan saat yang                planned scope and timing of the audit and
direncanakan atas audit serta temuan audit              significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan       deficiencies in internal control that we identify
dalam pengendalian internal yang teridentifikasi        during our audit.
oleh kami selama audit.

Kami juga memberikan suatu pernyataan kepada            We also provide those charged with governance
pihak yang bertanggung jawab atas tata kelola           with a statement that we have complied with
bahwa kami telah mematuhi ketentuan etika yang          relevant     ethical requirements    regarding
relevan       mengenai      independensi,     dan       independence, and to communicate with them all
mengomunikasikan kepada pihak tersebut seluruh          relationships and other matters that may
hubungan, serta hal-hal lain yang dianggap secara       reasonably be thought to bear on our
wajar berpengaruh terhadap independensi kami,           independence, and where applicable, related
dan, jika relevan, pengamanan terkait.                  safeguards.




                                                    x
Page 295
                                                                             The original report included herein is in
                                                                                            the Indonesian language.



Laporan Auditor Independen (lanjutan)                    Independent Auditor's Report (continued)

Laporan No. 00074/2.1032/AU.1/09/0703-                   Report    No.     00074/2.1032/AU.1/09/0703-
4/1/II/2025 (lanjutan)                                   4/1/11/2025 (continued)


Tanggung jawab auditor terhadap audit atas               Auditor's responsibilities for the audit of the
laporan keuangan (lanjutan)                              ffnancial statements (continued)

Dari hal-hal yang dikomunikasikan kepada pihak           From the matters communicated with those
yang bertanggung jawab atas tata kelola, kami            charged with governance, we determine those
menentukan hal-hal tersebut yang paling                  matters that were of most significance in the audit
signifikan dalam audit atas laporan keuangan             of the financial statements of the current period
periode kini dan oleh karenanya menjadi hal audit        and are therefore the key audit matters. We
utama. Kami menguraikan hal audit utama                  describe such key audit matters in our independent
tersebut dalam laporan auditor independen kami           auditor's report unless laws or regulations preclude
kecuali peraturan peruntlang-undangan melarang           public disclosure about such key audit matters or
pengungkapan publik tentang hal audit utama              when, in extremely rare circumstances, we
tersebut atau ketika, dalam kondisi yang sangat          determine that a key audit matter should not be
jarang terjadi, kami menentukan bahwa suatu hal          communicated in our independent auditor's report
audit utama tidak boleh dikomunikasikan tlalam           because the adverse consequences of doing so
laporan auditor independen kami karena                   would reasonably be expected to outweigh the
konsekuensi        yang     merugikan        Bari        public interest benefits of such communication.
mengornunikasikan       hal   tersebut     akan
diekspektasikan secara wajar melebihi manfaat
kepentingan publik atas komunikasi tersebut.


                                 KAP Purwantono, Sungkoro & Surja




                                                Yasir
         Registrasi Akuntan Publik No.: AP.0703/Public Accountant Registration No.: AP.0703

                                20 Februari 2025/February 20, 2025




                                                    xi
Page 296
                                                                                    The original financial statements included herein are in the
                                                                                                                          Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                                 PT MAYBANK INDONESIA FINANCE
              LAPORAN POSISI KEUANGAN                                                  STATEMENTS OF FINANCIAL POSITION
               Tanggal 31 Desember 2024                                                       As of December 31, 2024
             (Disajikan dalam jutaan Rupiah,                                              (Expressed in millions of Rupiah,
                 kecuali dinyatakan lain)                                                     unless otherwise stated)



                                              31 Desember/           Catatan/            31 Desember/
                                            December 31, 2024         Notes            December 31, 2023

ASET                                                                                                                                        ASSETS
                                                               2b,2c,2d,2e,2f,2q,
KAS DAN BANK - Neto                                     48.556    31,32,33,34                     166.420                  CASH AND BANKS - Net

PIUTANG SEWA PEMBIAYAAN                                            2c,2d,2e,2h,                                   FINANCE LEASE RECEIVABLES
                                                                  3,5,13,16,32,33

Pihak berelasi - setelah dikurangi                                                                                               Related party - net
   pendapatan sewa pembiayaan                                                                                      unearned finance lease income
   belum diakui sebesar Rp3.705                                                                                       amounted to Rp3,705 as of
   pada tanggal 31 Desember 2024                        10.578                                             -                  December 31, 2024

Pihak ketiga - setelah dikurangi
   pendapatan sewa pembiayaan belum                                                                                             Third parties - net of
   diakui dan pendapatan dan beban                                                                             unearned finance lease income and
   ditangguhkan sebesar Rp246.312                                                                                    deferred income and expense
   dan Rp182.520 masing-masing                                                                                       amounted to Rp246,312 and
   pada tanggal-tanggal                                                                                            Rp182,520 as of December 31,
   31 Desember 2024 dan 2023                         2.327.646                                   1.682.386            2024 and 2023, respectively
Cadangan kerugian penurunan nilai                      (18.529)                                    (16.376)          Allowance for impairment losses

Neto                                                 2.319.695                                   1.666.010                                        Net

PIUTANG PEMBIAYAAN                                                2b,2c,2d,2e,2g,                                           CONSUMER FINANCING
   KONSUMEN                                                           3,6,13,                                                   RECEIVABLES
                                                                   16,17,31,32,
Pihak berelasi - setelah dikurangi                                   33,34,35                                                  Related party - net of
   pendapatan pembiayaan                                                                                                      unearned consumer
   konsumen belum diakui                                                                                                        financing income
   sebesar Rp3.791 dan Rp3.048                                                                                               amounted to Rp3,791
   masing-masing pada                                                                                                          and Rp3,048 as of
   tanggal-tanggal 31 Desember 2024                                                                                        December 31, 2024 and
   dan 2023                                             17.765                                      13.839                     2023, respectively

Pihak ketiga - setelah dikurangi                                                                                                Third parties - net of
   pendapatan pembiayaan konsumen                                                                                    unearned consumer financing
   belum diakui dan pendapatan dan                                                                                income and deferred income and
   beban ditangguhkan sebesar Rp1.722.509                                                                       expense amounted to Rp1,722,509
   dan Rp1.726.228 masing-masing                                                                                             and Rp1,726,228 as
   pada tanggal-tanggal 31 Desember 2024                                                                               of December 31, 2024 and
   dan 2023                                          5.574.085                                   6.017.930                     2023, respectively

Total piutang pembiayaan konsumen                    5.591.850                                   6.031.769      Total consumer financing receivables
Cadangan kerugian penurunan nilai                      (35.199)                                    (43.168)         Allowance for impairment losses

Neto                                                 5.556.651                                   5.988.601                                        Net

PIUTANG LAIN-LAIN                                                   2c,2d,2i,7,                                              OTHER RECEIVABLES
                                                                     31,32,33
Pihak ketiga                                             9.887                                       9.044                              Third parties
Cadangan kerugian penurunan nilai                         (121)                                        (37)         Allowance for impairment losses

Neto                                                     9.766                                       9.007                                        Net

ASET DIPEROLEH UNTUK IJARAH                                             2i
  - setelah dikurangi akumulasi                                                                                  ASSETS ACQUIRED FOR IJARAH
  penyusutan sebesar Rp2.177 dan                                                                                 - net of accumulated depreciation
  Rp3.127 masing-masing pada tanggal-                                                                           amounted to Rp2,177 and Rp3,127
  tanggal 31 Desember 2024                                                                                                as of December 31, 2024
  dan 2023                                               8.241                                       2.739                   and 2023, respectively

INVESTASI DALAM SAHAM                                  159.504      2b,2j,9,31                    159.504                 INVESTMENT IN SHARES




       Catatan atas laporan keuangan terlampir merupakan                          The accompanying notes to the financial statements form an
            bagian integral dari laporan keuangan ini.                                    integral part of these financial statements.

                                                                       1
Page 297
                                                                                  The original financial statements included herein are in the
                                                                                                                        Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                                PT MAYBANK INDONESIA FINANCE
              LAPORAN POSISI KEUANGAN                                                 STATEMENTS OF FINANCIAL POSITION
                        (lanjutan)                                                                  (continued)
               Tanggal 31 Desember 2024                                                      As of December 31, 2024
             (Disajikan dalam jutaan Rupiah,                                             (Expressed in millions of Rupiah,
                 kecuali dinyatakan lain)                                                    unless otherwise stated)


                                             31 Desember/         Catatan/            31 Desember/
                                           December 31, 2024       Notes            December 31, 2023

ASET (lanjutan)                                                                                                             ASSETS (continued)

BEBAN DIBAYAR DIMUKA                                                                                                    PREPAID EXPENSES
  DAN UANG MUKA                                        14.146        2k                            8.214         AND ADVANCE PAYMENT

ASET PAJAK TANGGUHAN - Neto                            15.843      2r,3,19                       19.316          DEFERRED TAX ASSETS - Net

                                                                  2l,3,11,25                                            FIXED ASSET AND RIGHT-
ASET TETAP DAN ASET HAK GUNA                                                                                               OF-USE ASSETS - net
  - setelah dikurangi total akumulasi                                                                           of total accumulated depreciation
  penyusutan aset tetap sebesar Rp74.452                                                                   of fixed asset amounted to Rp74,452
  dan Rp69.450 masing-masing pada                                                                            and Rp69,450 as of December 31,
  tanggal-tanggal 31 Desember 2024                                                                              2024 and 2023, and accumulated
  dan 2023,dan akumulasi amortisasi                                                                            amortization of right-of-use assets
  aset hak guna sebesar Rp6.762                                                                                             amounted to Rp6,762
  dan Rp11.252 masing-masing pada                                                                                             and Rp11,252 as of
  tanggal-tanggal 31 Desember                                                                                             December 31, 2024 and
  2024 dan 2023                                        57.600                                    51.374                         2023, respectively


ASET LAIN-LAIN                                         50.094     12,32,33                         5.773                        OTHER ASSETS

TOTAL ASET                                          8.240.096                                 8.076.958                          TOTAL ASSETS


LIABILITAS DAN EKUITAS                                                                                                LIABILITIES AND EQUITY

LIABILITAS                                                                                                                            LIABILITY

UTANG BANK                                                                                                                        BANK LOANS
  Pihak berelasi                                            -   2b,2c,2e,13,31,                   36.111                          Related party
  Pihak ketiga                                      2.959.028      32,33,37                    2.356.944                           Third parties

Total Utang Bank                                    2.959.028                                  2.393.055                        Total Bank Loans

                                                                  2c,2e,14,
UTANG DEALER                                          152.477     32,33,34                      120.912                 PAYABLE TO DEALERS

UTANG PAJAK                                            43.873        2r,3                        43.810                         TAX PAYABLES

UTANG LAIN-LAIN                                                  2b,2c,2e,6                                                  OTHER PAYABLES
  Pihak berelasi                                       16.591    31,32,33,34,35                  11.982                         Related party
  Pihak ketiga                                        112.196                                    83.199                          Third parties

Total Utang Lain-lain                                 128.787                                    95.181                     Total Other Payables

BEBAN AKRUAL                                                      2b,15,31,                                              ACCRUED EXPENSES
  Pihak berelasi                                            1     32,33,34                          238                       Related party
  Pihak ketiga                                         55.475                                    51.224                        Third parties

Total Beban Akrual                                     55.476                                    51.462                  Total Accrued Expenses

                                                                1b,2b,2c,2e,
UTANG OBLIGASI - Neto                                           2n,5,6,16,31,                                            BONDS PAYABLE - Net
  Pihak berelasi                                       48.953       32,33,37                      99.400                       Related party
  Pihak ketiga                                        850.192                                  1.549.224                        Third parties

Total Utang Obligasi                                  899.145                                  1.648.624                     Total Bonds Payable

                                                                                                                              LIABILITY FOR
LIABILITAS IMBALAN KERJA                               26.193      2u,3,18                       24.277                EMPLOYEE BENEFITS

TOTAL LIABILITAS                                    4.264.979                                  4.377.321                     TOTAL LIABILITIES




      Catatan atas laporan keuangan terlampir merupakan                        The accompanying notes to the financial statements form an
           bagian integral dari laporan keuangan ini.                                  integral part of these financial statements.

                                                                     2
Page 298
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

          PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
            LAPORAN POSISI KEUANGAN                                           STATEMENTS OF FINANCIAL POSITION
                       (lanjutan)                                                          (continued)
              Tanggal 31 Desember 2024                                              As of December 31, 2024
            (Disajikan dalam jutaan Rupiah,                                     (Expressed in millions of Rupiah,
                kecuali dinyatakan lain)                                            unless otherwise stated)



                                         31 Desember/       Catatan/          31 Desember/
                                       December 31, 2024     Notes          December 31, 2023

LIABILITAS DAN EKUITAS (lanjutan)                                                                 LIABILITIES AND EQUITY (continued)

EKUITAS                                                                                                                          EQUITY
Modal saham -                                                                                                              Capital stock -
  Nilai nominal Rp1.000                                                                                     Rp1,000 (full amount) par
     (nilai penuh) per saham                                                                                      value per share
  Modal dasar - 60.000.000
     lembar saham                                                                                      Authorized - 60,000,000 shares
  Modal ditempatkan dan disetor                                                                            Subscribed and fully paid -
     penuh - 32.370.000 lembar saham               32.370     20                        32.370                  32,370,000 shares

Keuntungan aktuarial atas                                                                                                Actuarial gain on
  liabilitas imbalan                                                                                                         liability for
  kerja-setelah                                                                                                    employee benefits-
  pajak tangguhan                                     901    2u,3,18                        51                      net of deferred tax

Saldo laba                                                                                                            Retained earnings
  Ditentukan penggunaannya                          6.500         21                      6.500                         Appropriated
  Belum ditentukan penggunaannya                3.935.346                             3.660.716                       Unappropriated

TOTAL EKUITAS                                   3.975.117                             3.699.637                         TOTAL EQUITY

TOTAL LIABILITAS DAN EKUITAS                    8.240.096                             8.076.958       TOTAL LIABILITIES AND EQUITY




      Catatan atas laporan keuangan terlampir merupakan                The accompanying notes to the financial statements form an
           bagian integral dari laporan keuangan ini.                          integral part of these financial statements.

                                                              3
Page 299
                                                                               The original financial statements included herein are in the
                                                                                                                     Indonesian language.

          PT MAYBANK INDONESIA FINANCE                                             PT MAYBANK INDONESIA FINANCE
              LAPORAN LABA RUGI DAN                                                STATEMENTS OF PROFIT OR LOSS
         PENGHASILAN KOMPREHENSIF LAIN                                            AND OTHER COMPREHENSIVE INCOME
              Untuk Tahun yang Berakhir                                                   For the Year Ended
           pada Tanggal 31 Desember 2024                                                  December 31, 2024
            (Disajikan dalam jutaan Rupiah,                                         (Expressed in millions of Rupiah,
                kecuali dinyatakan lain)                                                unless otherwise stated)


                                          Tahun yang berakhir pada tanggal 31 Desember/
                                                   Years ended December 31,
                                                               Catatan/
                                            2024                Notes                 2023
PENDAPATAN                                                                                                                          REVENUES
                                                             2b,2g,2p,22,
    Pendapatan pembiayaan konsumen              826.873      31,34,35,36                  893.027                Consumer financing income
                                                                2g,2p,2s
    Pendapatan sewa pembiayaan                  242.718         24,31,36                  162.798                     Finance lease income
    Pendapatan sewa ijarah - neto                   602      2i,2p,2g,8,36                    383              Income from rent - ijarah - net
                                                               2b,2p,2s,
    Pendapatan bunga                                2.492       23,31,36                      2.514                           Interest income
    Pendapatan lain-lain                           41.487    11,25,34,36                     41.123                             Other income
    Total Pendapatan                          1.114.172                                 1.099.845                             Total Revenues
BEBAN                                                                                                                              EXPENSES
   Beban pendanaan                              216.925       2b,2p,27,31                 225.237                        Financing expenses
   Beban tenaga kerja                           160.362     2b,2s,2u,3,26,36              144.028                        Employee expenses
   Beban pemasaran                               15.620      2p,2s,28,34,36                16.336                        Marketing expenses
                                                               2d,2h,2s,3,
    Beban kerugian penurunan nilai                 65.769     2s,5,6,34,36                   75.055             Impairment losses expenses
    Beban penyusutan aset tetap                     6.681     2l,2s,3,11,36                   6.887    Depreciation expenses of fixed assets
    Beban amortisasi                                                                                                           Amortization of
        aset hak guna                               3.181    2l,2s,3,11,36                    3.049                 right-of-use expenses
    Beban provisi dan komisi                        3.022    2b,2o,2s,36                      3.261     Provision and commission expenses
    (Keuntungan) kerugian transaksi                                                                        (Gain) loss from foreign currency
        mata uang asing                             (426)         2q                           134                              transaction
    Beban lain-lain                                59.684     2s,29,34,36                    54.043                          Others expenses

    Total Beban                                 530.818                                   528.030                             Total Expenses

LABA SEBELUM BEBAN PAJAK                                                                                                  INCOME BEFORE
   FINAL DAN PAJAK                                                                                                       FINAL TAX AND
   PENGHASILAN                                  583.354                                   571.815                   INCOME TAX EXPENSE
Beban pajak final                                  (498)           2r                        (503)                         Final tax expense
LABA SEBELUM BEBAN                                                                                                 INCOME BEFORE INCOME
   PAJAK PENGHASILAN                            582.856                                   571.312                          TAX EXPENSE
BEBAN PAJAK PENGHASILAN                        (130.710)        2r,19,36                 (127.521)                     INCOME TAX EXPENSE
LABA TAHUN BERJALAN                             452.146                                   443.791                     INCOME FOR THE YEAR
Penghasilan komprehensif lain                                                                                   Other comprehensive income
Pos yang tidak akan direklasifikasi                                                                           Item that will not be reclassified
   ke laba rugi:                                                                                             subsequently to profit or loss:
   Keuntungan (kerugian) aktuarial                                                                                        Actuarial gain (loss) on
        atas liabilitas imbalan kerja               1.090        2u,3,18                       (891)           liability for employee benefit
   Pajak penghasilan terkait dengan
        komponen penghasilan                                                                              Income tax relating to components
        komprehensif lainnya                        (240)          19                          196        of other comprehensive income
Laba (rugi) komprehensif lainnya -                                                                                     Other comprehensive
   setelah pajak                                     850                                       (695)              income (loss) - net of tax
TOTAL PENGHASILAN
   KOMPREHENSIF                                                                                                     TOTAL COMPREHENSIVE
   TAHUN BERJALAN                               452.996                                   443.096                  INCOME FOR THE YEAR

LABA PER SAHAM DASAR                                                                                          BASIC EARNINGS PER SHARE
(Dinyatakan dalam nilai                                                                                                   (Expressed in full
    penuh Rupiah)                                  13.968        2t,30                       13.710                    amount of Rupiah)




      Catatan atas laporan keuangan terlampir merupakan                     The accompanying notes to the financial statements form an
           bagian integral dari laporan keuangan ini.                               integral part of these financial statements.

                                                                   4
Page 300
                                                                                   The original financial statements included herein are in the
                                                                                                                         Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                     PT MAYBANK INDONESIA FINANCE
        LAPORAN PERUBAHAN EKUITAS                                                      STATEMENTS OF CHANGES IN EQUITY
           Untuk Tahun yang Berakhir                                                           For the Year Ended
         pada Tanggal 31 Desember 2024                                                         December 31, 2024
         (Disajikan dalam jutaan Rupiah,                                                 (Expressed in millions of Rupiah,
             kecuali dinyatakan lain)                                                        unless otherwise stated)


                                                       Keuntungan/
                                                        (Kerugian)
                                                         Aktuarial
                                                      Atas Liabilitas
                                    Modal                Imbalan                    Saldo Laba/
                                 Ditempatkan         Kerja Karyawan/             Retained Earnings
                                     dan                 Actuarial
                                Disetor Penuh/         Gain/(Loss)                              Belum
                                 Subscribed           on Liability for      Ditentukan        Ditentukan
                                   and Fully            Employee          Penggunaannya/    Penggunaannya/        Total Ekuitas/
                                 Paid Capital            Benefits          Appropriated     Unappropriated         Total Equity

     Saldo tanggal                                                                                                                         Balance as of
         31 Desember 2022                32.370                   746              6.500             3.393.111         3.432.727     December 31, 2022

     Dividen                                     -                   -                 -             (176.186)         (176.186)                     Dividend

     Kerugian aktuarial atas                                                                                                        Actuarial loss on liability
         liabilitas imbalan                                                                                                                for employee
         kerja - setelah                                                                                                                benefits - net of
         pajak tangguhan                         -               (695 )                -                     -              (695)                deferred tax
\

     Laba tahun berjalan 2023                    -                   -                 -              443.791            443.791    Income for the year 2023
     Saldo tanggal                                                                                                                         Balance as of
         31 Desember 2023                32.370                    51              6.500             3.660.716         3.699.637     December 31, 2023

     Dividen                                                                                         (177.516 )         (177.516)                   Dividend

     Kerugian aktuarial atas                                                                                                        Actuarial loss on liability
         liabilitas imbalan                                                                                                                for employee
         kerja - setelah                                                                                                                benefits - net of
         pajak tangguhan                         -                850                  -                     -               850             deferred tax

     Laba tahun berjalan 2024                    -                   -                 -              452.146            452.146    Income for the year 2024
     Saldo tanggal                                                                                                                         Balance as of
         31 Desember 2024                32.370                   901              6.500             3.935.346         3.975.117     December 31, 2024




    Catatan atas laporan keuangan terlampir merupakan                           The accompanying notes to the financial statements form an
         bagian integral dari laporan keuangan ini.                                     integral part of these financial statements.

                                                                          5
Page 301
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

          PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
                 LAPORAN ARUS KAS                                              STATEMENTS OF CASH FLOWS
              Untuk Tahun yang Berakhir                                              For the Year Ended
           pada Tanggal 31 Desember 2024                                             December 31, 2024
            (Disajikan dalam jutaan Rupiah,                                    (Expressed in millions of Rupiah,
                kecuali dinyatakan lain)                                           unless otherwise stated)



                                      Tahun yang berakhir pada tanggal 31 Desember/
                                               Years ended December 31,
                                                          Catatan/
                                           2024            Notes              2023
ARUS KAS DARI AKTIVITAS                                                                                     CASH FLOWS FROM
OPERASI                                                                                                  OPERATING ACTIVITIES
Penerimaan kas dari:                                                                                              Cash receipt from:
   Pembiayaan konsumen                     22.188.393       2g                21.569.126                    Consumer financing
   Sewa pembiayaan                          3.223.075       2g                 2.420.035                           Finance lease
   Sewa ijarah                                  4.052       2i                     3.126                               Ijarah rent
Penerimaan dari pendapatan                                                                                            Receipts from
   denda keterlambatan                                                                                  penalty income and early
   dan pelunasan dipercepat                     84.079                             88.008                     termination income
Pendapatan bunga                                 2.492                              2.514                           Interest income
Pengeluaran kas sehubungan
   dengan pembiayaan                                                                                  Cash payment in relation to
   bersama-neto                                    (88)                                (83)                    joint financing-net
Pembayaran kas untuk transaksi                                                                    Cash disbursement for consumer
   pembiayaan konsumen                                                                                     financing and finance
   dan sewa pembiayaan                     (11.945.122)                      (11.030.276)                       lease transaction
Pembayaran kas untuk dealer                (12.728.477)                      (12.666.205)            Cash disbursement for dealer
Pembelian aset tetap ijarah                     (8.952)      8                    (1.467)              Acquisition of ijarah assets
Pembayaran bunga                              (222.597)                         (220.579)                       Payment of interest
Pembayaran beban umum dan                                                                              General and administrative
   administrasi                               (221.442)                          (216.572)                               expenses
Pembayaran pajak penghasilan badan            (131.644)      2r                  (146.006)         Corporate income tax payments

Kas neto diperoleh dari (digunakan                                                                   Net cash provided by (used in)
   untuk) aktivitas operasi                   243.769                            (198.379)                    operating activities


ARUS KAS DARI AKTIVITAS                                                                                       CASH FLOWS FROM
INVESTASI                                                                                                 INVESTING ACTIVITIES
Penerimaan dari penjualan                                                                                     Proceeds from sale of
   aset tetap                                      595     2l,11                      504                             fixed assets
Pembelian aset tetap                           (14.169)    2l,11                   (6.571)               Acquisition of fixed assets
Penambahan aset hak guna                        (2.347)                            (3.671)             Addition of right-of-use asset
Penerimaan dividen                              14.910      9,25                   11.010                   Proceeds from dividend

Kas neto (digunakan untuk)diperoleh                                                                  Net cash (used in) provided by
   dari aktivitas investasi                    (1.011)                               1.272                     investing activities


ARUS KAS DARI AKTIVITAS                                                                                      CASH FLOWS FROM
PENDANAAN                                                                                                 FINANCING ACTIVITIES
Penerimaan utang bank                        3.025.000       38                 3.300.000                Proceeds from bank loans
Pembayaran utang bank                       (2.459.027)      38                (2.704.168)                Repayment of bank loans
Pembayaran dividen kas                        (177.516)      20                 (176.186)                Payment of cash dividend
Pelunasan obligasi                            (850.000)    16, 37                (100.000)                        Bonds settlement
Penerimaan dari penerbitan obligasi            100.000                                  -             Proceeds from bond issuance

Kas neto (digunakan untuk)
   diperoleh dari                                                                                  Net cash (used in) provided by
   aktivitas pendanaan                        (361.543)                          319.646                    financing activities




     Catatan atas laporan keuangan terlampir merupakan               The accompanying notes to the financial statements form an
          bagian integral dari laporan keuangan ini.                         integral part of these financial statements.

                                                             6
Page 302
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

            PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
              LAPORAN ARUS KAS (lanjutan)                                 STATEMENTS OF CASH FLOWS (continued)
                Untuk Tahun yang Berakhir                                           For the Year Ended
             pada Tanggal 31 Desember 2024                                          December 31, 2024
              (Disajikan dalam jutaan Rupiah,                                 (Expressed in millions of Rupiah,
                  kecuali dinyatakan lain)                                        unless otherwise stated)



                                        Tahun yang berakhir pada tanggal 31 Desember/
                                                 Years ended December 31,
                                                            Catatan/
                                             2024            Notes              2023
DAMPAK NETO PERUBAHAN                                                                               NET EFFECT OF CHANGES IN
NILAI TUKAR ATAS KAS                                                                                      EXCHANGE RATES ON
DAN BANK                                            485                                 (59)                 CASH AND BANKS

(PENURUNAN)/KENAIKAN NETO                                                                         NET (DECREASE)/INCREASE IN
KAS DAN BANK                                    (118.300)                          122.480                  CASH AND BANKS
KAS DAN BANK                                                                                                  CASH AND BANKS
AWAL TAHUN                                      166.914                             44.434           AT BEGINNING OF THE YEAR

KAS DAN BANK                                                                                                    CASH AND BANKS
AKHIR TAHUN                                       48.614                           166.914                   AT END OF THE YEAR

KAS DAN BANK                                                                                                     CASH AND BANKS
TERDIRI DARI:                                                                                                       CONSISTS OF:

Kas                                                  470       4                       470                             Cash on hand
Bank                                              48.144       4                   166.444                             Cash in banks

TOTAL                                             48.614                           166.914                                    TOTAL




       Catatan atas laporan keuangan terlampir merupakan               The accompanying notes to the financial statements form an
            bagian integral dari laporan keuangan ini.                         integral part of these financial statements.

                                                               7
Page 303
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                          As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
                  pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
                 kecuali dinyatakan lain)


1.   UMUM                                                       1.     GENERAL

     a.    Pendirian Perusahaan                                        a.    Establishment of the Company

           PT Maybank Indonesia Finance (Perusahaan)                         PT Maybank Indonesia Finance (the
           didirikan di Republik Indonesia berdasarkan                       Company) was established in the Republic of
           akta notaris pendirian No. 163 tanggal                            Indonesia by virtue of notarial deed of
           13 Februari 1991 yang dibuat dihadapan                            establishment No. 163 dated February 13,
           Richardus Nangkih Sinulingga, S.H. Akta                           1991 of Richardus Nangkih Sinulingga, S.H.
           pendirian ini disahkan oleh Menteri Kehakiman                     The deed of establishment was approved by
           dan Hak Asasi Manusia Republik Indonesia                          the Minister of Justice and Human Rights of
           dalam             surat          keputusannya                     the Republic of Indonesia in decision letter
           No. C2-2005.HT.01.01.TH.91 tanggal 5 Juni                         No. C2-2005.HT.01.01.TH.91 dated June 5,
           1991 serta diumumkan dalam Berita Negara                          1991, and was published in State Gazette
           Republik Indonesia No. 78 tambahan No. 4827                       No. 78 Supplement No. 4827 dated
           tanggal 29 September 1992. Anggaran Dasar                         September 29, 1992. The Company’s
           Perusahaan telah mengalami beberapa                               Articles of Association have been amended
           perubahan, terakhir dengan akta notaris No. 25                    several times, the latest was notarial deed
           tertanggal 8 Maret 2022 dari Satria Amiputra                      No. 25 dated March 8, 2022 from Satria
           A., Sarjana Ekonomi, Akuntan, Sarjana                             Amiputra A., Bachelor of Economics,
           Hukum, Magister Akuntansi, Magister Hukum,                        Accountant, Bachelor of Law, Master of
           Magister Kenotariatan, terkait dengan Pasal 9                     Accounting, Master of Law, Master of Notary,
           Anggaran Dasar Perseroan perihal tempat,                          related to Article 9 of the Company's Articles
           pemanggilan, dan pimpinan Rapat Umum                              of Association regarding the place,
           Pemegang Saham. Perubahan tersebut telah                          summons, and chairman of the General
           disetujui oleh Menteri Hukum dan Hak Asasi                        Meeting of Shareholders. The amendment
           Manusia Republik Indonesia dengan surat                           has been approved by the Minister of Law
           keputusannya No. AHU-AH.01.03-0162396                             and Human Rights of the Republic of
           Tahun 2022 tanggal 11 Maret 2022.                                 Indonesia in his decision letter No. AHU-
                                                                             AH.01.03-0162396         Year  2022    dated
                                                                             March 11, 2022.

           Perusahaan telah memperoleh izin operasinya                       The Company obtained its license as
           sebagai lembaga pembiayaan dari Menteri                           a    financing     institution    based    on
           Keuangan Republik Indonesia dalam surat                           Decision Letter of the Ministry of Finance
           keputusan No. 888/KMK.013/1991 tanggal                            of     the     Republic        of    Indonesia
           22 Agustus 1991, yang telah diubah menjadi                        No. 888/KMK.013/1991 dated August 22,
           Surat Keputusan Menteri Keuangan Republik                         1991, that has been amended with the
           Indonesia No. KEP-237/KM.5/2005 tanggal                           Decision Letter of the Ministry of Finance of
           4 Agustus 2005 serta berdasarkan Keputusan                        the Republic of Indonesia No. KEP-
           Dewan Komisioner Otoritas Jasa Keuangan                           237/KM.5/2005 dated August 4, 2005 and
           No. KEP-1/NB.11/2016 yang menyatakan                              according to Board of Commissioners of the
           bahwa telah dilakukan penyesuaian terhadap                        Financial Services Authority No. KEP-
           izin operasinya berkaitan dengan perubahan                        1/NB.11/2016 which stated that the
           nama Perusahaan menjadi PT Maybank                                Company’s operating licensed has been
           Indonesia Finance.                                                amended related with the name changed into
                                                                             PT Maybank Indonesia Finance.

           Ruang lingkup kegiatan Perusahaan meliputi                        The scope of Company’s activities covers
           bidang usaha pembiayaan dalam bentuk                              investment      financing,   working   capital
           pembiayaan investasi, modal kerja, multiguna,                     financing, multi purposes financing, other
           kegiatan lain yang disetujui Otoritas Jasa                        activities approved by the Financial Services
           Keuangan (OJK), selain itu juga perusahaan                        Authority (OJK), on the other hand, the
           dapat melakukan kegiatan berdasarkan prinsip                      Company’s activities can covers activities
           syariah diantaranya pembiayaan jual beli,                         based on Sharia principles, such as sales
           pembiayaan investasi dan pembiayaan jasa.                         and purchase financing, investment financing
           Pada saat ini, Perusahaan terutama bergerak                       and       services     financing.    Currently,
           dalam bidang pembiayaan konsumen.                                 the Company engages in consumer financing
                                                                             activities.

                                                            8
Page 304
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                           As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
                  pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
                 kecuali dinyatakan lain)


1.   UMUM (lanjutan)                                             1.     GENERAL (continued)

     a.    Pendirian Perusahaan (lanjutan)                              a.    Establishment         of      the       Company
                                                                              (continued)

           Perusahaan berdomisili di Jakarta dengan alamat                    The Company is domiciled in Jakarta located at
           di Wisma Eka Jiwa lantai 10, Jalan Mangga Dua                      Wisma Eka Jiwa 10th floor, Jalan Mangga Dua
           Raya, Jakarta 10730. Perusahaan memiliki 30                        Raya, Jakarta 10730. The Company has a total
           (tiga puluh) kantor cabang dan 11 (sebelas)                        of 30 (thirty) branch offices and 11 (eleven)
           kantor perwakilan yang tersebar di Aceh,                           representative offices located in Aceh, North
           Sumatera Utara, Sumatera Barat, Kepulauan                          Sumatera, West Sumatera, Kepulauan Riau,
           Riau (Kepri), Riau , Sumatera Selatan, Jambi,                      Riau, South Sumatera, Jambi, Bandar
           Bandar Lampung, Pangkalpinang, DKI Jakarta,                        Lampung, Pangkalpinang,         DKI Jakarta,
           Banten, Jawa Barat, Jawa Tengah, Yogyakarta,                       Banten, West Java, Central Java, Yogyakarta,
           Jawa Timur, Bali, Nusa Tenggara Barat,                             East Java, Bali, Nusa Tenggara Barat, West
           Kalimantan Timur, Kalimantan Selatan, Sulawesi                     Kalimantan,     South     Kalimantan,   South
           Selatan, Sulawesi Utara, dan lain-lain.                            Sulawesi, North Sulawesi and others.
           Perusahaan merupakan entitas anak dari                             The Company is a subsidiary of PT Bank
           PT Bank Maybank Indonesia Tbk (MBI) dengan                         Maybank Indonesia Tbk (MBI) with 99.99%
           persentase kepemilikan sebesar 99,99%.                             ownership. The ultimate shareholder of MBI is
           Pemegang saham utama MBI adalah Malayan                            Malayan Banking Berhad (Maybank), which is
           Banking Berhad (Maybank), yang merupakan                           a bank based in Malaysia.
           bank yang berkedudukan di Malaysia.

     b.    Penawaran Umum Obligasi Perusahaan                           b.    The Company’s Bonds Offering


           Pada bulan November 2017, Perusahaan                               In November 2017, the Company offered to
           menawarkan pada masyarakat “Obligasi                               the public “Continuing Bonds I Phase IV
           Berkelanjutan I Maybank Finance Tahap IV                           Maybank Finance Year 2017 with Fixed
           Tahun 2017 dengan Tingkat Bunga Tetap”                             Interest Rate” (Continuing Bonds I Maybank
           (Obligasi Berkelanjutan I Maybank Finance                          Finance Phase IV) with nominal value of
           Tahap IV) dengan nilai nominal sebesar                             Rp1,200,000 (Note 16), which became
           Rp1.200.000 (Catatan 16), yang dinyatakan                          effective on November 4, 2015 based on the
           efektif oleh Otoritas Jasa Keuangan (OJK)                          Decision Letter No. S-507/D.04/2015 of
           pada tanggal 4 November 2015 berdasarkan                           Board of Financial Services Authority (OJK).
           Surat Keputusan No. S-507/D.04/2015.                               These Continuing Bonds I Maybank Finance
           Obligasi Berkelanjutan I Maybank Finance                           Phase IV are series bonds consisting of
           Tahap IV ini merupakan obligasi berseri yang                       Continuing Bonds I Maybank Finance
           meliputi Obligasi Berkelanjutan I Tahap IV Seri                    Phase IV Series A with nominal value of
           A dengan nilai nominal sebesar Rp1.150.000                         Rp1,150,000 and a fixed interest rate at
           dengan tingkat suku bunga tetap sebesar                            7.65% per annum and Continuing Bonds I
           7,65% per tahun dan Obligasi Berkelanjutan I                       Maybank Finance Phase IV Series B with
           Tahap IV Seri B dengan nilai nominal sebesar                       a nominal value of Rp50,000 and a fixed
           Rp50.000 dengan tingkat suku bunga tetap                           interest rate at 7.90% per annum. The
           sebesar 7,90% per tahun. Obligasi ini                              Company listed the bonds on the Indonesia
           dicatatkan pada Bursa Efek Indonesia pada                          Stock Exchange on November 15, 2017.
           tanggal 15 November 2017.




                                                             9
Page 305
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                          As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
                  pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
                 kecuali dinyatakan lain)


1.   UMUM (lanjutan)                                            1.     GENERAL (continued)

     b.    Penawaran Umum Obligasi Perusahaan                          b.    The     Company’s           Bonds        Offering
           (lanjutan)                                                        (continued)

           Pada     bulan    Mei   2018,   Perusahaan                        In May 2018, the Company offered to the
           menawarkan pada masyarakat “Obligasi                              public “Continuing Bonds II Phase I Maybank
           Berkelanjutan II Maybank Finance Tahap I                          Finance Year 2018 with Fixed Interest Rate”
           Tahun 2018 dengan Tingkat Bunga Tetap”                            (Continuing Bonds II Maybank Finance
           (Obligasi Berkelanjutan II Maybank Finance                        Phase I) with nominal value of Rp500,000
           Tahap I) dengan nilai nominal sebesar                             (Note 16), which became effective on May 4,
           Rp500.000 (Catatan 16), yang dinyatakan                           2018 based on the Decision Letter
           efektif oleh Otoritas Jasa Keuangan (OJK)                         No. S-44/D.04/2018 of Board of Financial
           pada tanggal 4 Mei 2018 berdasarkan Surat                         Services Authority (OJK). These Continuing
           Keputusan No. S-44/D.04/2018. Obligasi                            Bonds II Maybank Finance Phase I are
           Berkelanjutan II Maybank Finance Tahap I ini                      series bonds consisting of Continuing Bonds
           merupakan obligasi berseri yang meliputi                          II Maybank Finance Phase I Series A with
           Obligasi Berkelanjutan II Tahap I Seri A                          nominal value of Rp400,000 and a fixed
           dengan nilai nominal sebesar Rp400.000                            interest rate at 7.75% per annum and
           dengan tingkat suku bunga tetap sebesar                           Continuing Bonds II Maybank Finance Phase
           7,75% per tahun dan Obligasi Berkelanjutan II                     I Series B with a nominal value of Rp100,000
           Tahap I Seri B dengan nilai nominal sebesar                       and a fixed interest rate at 8.00% per annum.
           Rp100.000 dengan tingkat suku bunga tetap                         The Company listed the bonds on the
           sebesar 8,00% per tahun. Obligasi ini                             Indonesia Stock Exchange on May 15, 2018.
           dicatatkan pada Bursa Efek Indonesia pada
           tanggal 15 Mei 2018.

           Pada     bulan    April 2019,    Perusahaan                       In April 2019, the Company offered to the
           menawarkan pada masyarakat “Obligasi                              public “Continuing Bonds II Phase II
           Berkelanjutan II Maybank Finance Tahap II                         Maybank Finance Year 2019 with Fixed
           Tahun 2019 dengan Tingkat Bunga Tetap”                            Interest Rate” (Continuing Bonds II Maybank
           (Obligasi Berkelanjutan II Maybank Finance                        Finance Phase II) with nominal value of
           Tahap II) dengan nilai nominal sebesar                            Rp1,000,000 (Note 16), which became
           Rp1.000.000 (Catatan 16), yang dinyatakan                         effective on May 4, 2018 based on the
           efektif oleh Otoritas Jasa Keuangan (OJK)                         Decision Letter No. S-44/D.04/2018 of Board
           pada tanggal 4 Mei 2018 berdasarkan Surat                         of Financial Services Authority (OJK). These
           Keputusan No. S-44/D.04/2018. Obligasi                            Continuing Bonds II Maybank Finance Phase
           Berkelanjutan II Maybank Finance Tahap II ini                     II are series bonds consisting of Continuing
           merupakan obligasi berseri yang meliputi                          Bonds II Maybank Finance Phase II Series A
           Obligasi Berkelanjutan II Tahap II Seri A                         with nominal value of Rp650,000 and a fixed
           dengan nilai nominal sebesar Rp650.000                            interest rate at 9.00% per annum and
           dengan tingkat suku bunga tetap sebesar                           Continuing Bonds II Maybank Finance Phase
           9,00% per tahun dan Obligasi Berkelanjutan II                     II Series B with a nominal value of
           Tahap II Seri B dengan nilai nominal sebesar                      Rp350,000 and a fixed interest rate at 9.35%
           Rp350.000 dengan tingkat suku bunga tetap                         per annum. The Company listed the bonds
           sebesar 9,35% per tahun. Obligasi ini                             on the Indonesia Stock Exchange on April 4,
           dicatatkan pada Bursa Efek Indonesia pada                         2019.
           tanggal 4 April 2019.




                                                           10
Page 306
                                                                                                     The original financial statements included herein are in the
                                                                                                                                           Indonesian language.

             PT MAYBANK INDONESIA FINANCE                                                                    PT MAYBANK INDONESIA FINANCE
            CATATAN ATAS LAPORAN KEUANGAN                                                                    NOTES TO FINANCIAL STATEMENTS
                 Tanggal 31 Desember 2024                                                                         As of December 31, 2024
              serta Untuk Tahun yang Berakhir                                                                   and for the Year Then Ended
                    pada Tanggal tersebut                                                                     (Expressed in millions of Rupiah,
               (Disajikan dalam jutaan Rupiah,                                                                    unless otherwise stated)
                   kecuali dinyatakan lain)


1.     UMUM (lanjutan)                                                                          1.      GENERAL (continued)

       b.    Penawaran Umum Obligasi Perusahaan                                                         b.     The     Company’s                      Bonds             Offering
             (lanjutan)                                                                                        (continued)
             Pada     bulan    Juni   2021,   Perusahaan                                                       In June 2021, the Company offered to the
             menawarkan pada masyarakat “Obligasi                                                              public “Continuing Bonds III Phase I
             Berkelanjutan III Maybank Finance Tahap I                                                         Maybank Finance Year 2021 with Fixed
             Tahun 2021 dengan Tingkat Bunga Tetap”                                                            Interest Rate” (Continuing Bonds III Maybank
             (Obligasi Berkelanjutan III Maybank Finance                                                       Finance Phase I) with nominal value of
             Tahap I) dengan nilai nominal sebesar                                                             Rp500,000 with fixed interest rate at 6.30%
             Rp500.000 dengan tingkat suku bunga tetap                                                         per annum (Note 16), which became
             sebesar 6,30% per tahun (Catatan 16), yang                                                        effective on June 14, 2021, based on the
             dinyatakan efektif oleh Otoritas Jasa                                                             Decision Letter No. S-80/D.04/2021 of Board
             Keuangan (OJK) pada tanggal 14 Juni 2021                                                          of Financial Services Authority (OJK). The
             berdasarkan          Surat        Keputusan                                                       Company listed the bonds on the Indonesia
             No. S-80/D.04/2021. Obligasi ini dicatatkan                                                       Stock Exchange on June 24, 2021.
             pada Bursa Efek Indonesia pada tanggal
             24 Juni 2021.
             Pada bulan Maret 2022, Perusahaan                                                                 In March 2022, the Company offered to the
             menawarkan pada masyarakat ‘’Obligasi                                                             public “Continuing Bonds III Phase II
             Berkelanjutan III Maybank Finance Tahap II                                                        Maybank Finance Year 2022 with Fixed
             Tahun 2022 dengan Tingkat Bunga Tetap”                                                            Interest Rate” (Continuing Bonds III Maybank
             (Obligasi Berkelanjutan III Maybank Finance                                                       Finance Phase II) with nominal value of
             Tahap II) dengan nilai nominal sebesar                                                            Rp800,000 with fixed interest rate at 5.80%
             Rp800.000 dengan tingkat suku bunga tetap                                                         oer annum (Note 16), which became
             sebesar 5,80% per tahun (Catatan 16), yang                                                        effective on June 14, 2022, based on the
             dinyatakan efektif oleh Otoritas Jasa                                                             Decision Letter No. S-80/D.04/2021 of Board
             Keuangan (OJK) pada tanggal 14 Juni 2022                                                          of Financial Services Authority (OJK). The
             berdasarkan          Surat        Keputusan                                                       Company listed the bonds on the Indonesia
             No. S-80/D.04/2021. Obligasi ini dicatatkan                                                       Stock Exchange on March 31, 2022.
             pada Bursa Efek Indonesia pada tanggal
             31 Maret 2022.

        c. Dewan     Komisaris,   Direksi,  Komite                                                     c.    Boards of Commissioners and Directors,
           Audit,    Dewan    Pengawas     Syariah,                                                          Audit Committee, Sharia Supervisory
           Sekretaris Perusahaan dan Karyawan                                                                Board,    Corporate  Secretary    and
                                                                                                             Employees
             Susunan dewan komisaris, direksi, komite                                                        The composition of the Company’s boards of
             audit, dan dewan pengawas syariah                                                               commissioners     and    directors,   audit
             Perusahaan adalah sebagai berikut:                                                              committee, and sharia supervisory board are
                                                                                                             as follows:
                                                       31 Desember/                               31 Desember/
                                                      December 31, 2024                         December 31, 2023
             Dewan Komisaris                                                                                                                    Board of Commissioners

             Presiden Komisaris                                                  **                  Deswandhy Agusman*                            President Commissioner
                                                        Budhi Dyah Sitawati

             Komisaris                                        Steffano Ridwan                                Steffano Ridwan                                     Commissioner
             Komisaris
                Independen                                         Herwan Ng**                                                 -               Independent Commissioner

 (*)  Masa jabatan sebagai Presiden Komisaris telah berakhir dengan berdasarkan Akta             (*)   Term of office as President Commissioner (Independent) has expired based on
      Nomor 101 tertanggal 21 Maret 2024                                                               Company’s Act No. 101 dated 21 March 2024.
 (**) Pengangkatan Ibu Budhi Dyah Sitawati sebagai Presiden Komisaris berdasarkan                (**) The appointment of said Mrs. Budhi Dyah Sitawati as Persident Commissioner based
      Keputusan Pemegang Saham Di Luar Rapat Umum Pemegang Saham Tanggal                               on the Shareholders’ Decision Outside the General Meeting of Shareholders on
      21 Maret 2024. Berlaku efektif setelah mendapatkan persetujuan penilaian kemampuan               March 21, 2024. Effective after obtaining approval of fit and proper test evaluation
      dan kepatuhan dari OJK. Pada tanggal 24 July 2024, Perusahaan telah mendapatkan                  from OJK. The Company, has obtained approval from the OJK for the fit and proper
      persetujuan dari OJK atas penilaian kelayakan dan kepatuhan.                                     test on July 24, 2024.
 (**) Pengangkatan Bapak Herwan Ng sebagai Komisaris Independen berdasarkan                      (**) The appointment of said Mr. Herwan Ng as Commissioner Independent based on the
      Keputusan Pemegang Saham Di Luar Rapat Umum Pemegang Saham Tanggal                               Shareholders’ Decision Outside the General Meeting of Shareholders on March 21,
      21 Maret 2024. Berlaku efektif setelah mendapatkan persetujuan penilaian kemampuan               2024. Effective after obtaining approval of fit and proper test evaluation from OJK.
      dan kepatuhan dari OJK. Pada tanggal 6 Desember 2024, Perusahaan telah                           The Company, has obtained approval from the OJK for the fit and proper test on
      mendapatkan persetujuan dari OJK atas penilaian kelayakan dan kepatuhan.                         December 6, 2024.

                                                                                           11
Page 307
                                                                                       The original financial statements included herein are in the
                                                                                                                             Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                           PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                                                As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                                          and for the Year Then Ended
              pada Tanggal tersebut                                                            (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                                           unless otherwise stated)
             kecuali dinyatakan lain)


1.   UMUM (lanjutan)                                                              1.     GENERAL (continued)

      c. Dewan      Komisaris,   Direksi,  Komite                                        c.     Boards of Commissioners and Directors,
         Audit,     Dewan     Pengawas    Syariah,                                              Audit Committee, Sharia Supervisory
         Sekretaris Perusahaan dan Karyawan                                                     Board,    Corporate   Secretary   and
         (lanjutan)                                                                             Employees (continued)
        Susunan dewan komisaris, direksi, komite                                              The composition of the Company’s boards of
        audit, dan dewan pengawas syariah                                                     commissioners      and   directors,   audit
        Perusahaan  adalah    sebagai     berikut                                             committee, and sharia supervisory board are
        (lanjutan):                                                                           as follows (continued):

                                                 31 Desember/                       31 Desember/
                                                December 31, 2024                 December 31, 2023
        Direksi                                                                                                                            Board of Directors

        Direktur Utama                                          Alexander                            Alexander                               President Director
        Direktur Pemasaran                               Miki Effendi Lim                     Miki Effendi Lim                              Marketing Director
        Direktur Operasional                             Arief Soerendro                      Arief Soerendro                             Operational Director

                                                 31 Desember/                       31 Desember/
                                                December 31, 2024                 December 31, 2023

        Komite Audit                                                                                                                         Audit Committee
        Ketua                                                  Herwan Ng           Deswandhy Agusman*                                                   Chairman

        Anggota                                            Helmi Mahfud                         Helmi Mahfud                                              Member

        Anggota                                         Hadi Indraprasta                      Hadi Indraprasta                                            Member
        Dewan Pengawas
          Syariah                                                                                                               Sharia Supervisory Board

        Ketua                                                H. Amirsyah                          H. Amirsyah                                           Chairman

        Anggota                                              KH. Sodikun                          KH. Sodikun                                             Member

        (*) Masa jabatan Bapak Deswandhy Agusman sebagai Ketua Komite                           (*) The term of office of Mr. Deswandhy Agusman as Chairman of Audit
           Audit telah berakhir mengikuti masa jabatannya sebagai Presiden                          Committee has expired following to his term of office as President
           Komisaris (Independen) yang telah berakhir sesuai dengan Akta                            Commissioner (Independent) has expired in pursuant to Act No. 101
           No. 101 tertanggal 21 Maret 2024.                                                        dated March 21, 2024.


        Sehubungan dengan pemenuhan ketentuan                                                   In relation to the compliance of POJK
        Peraturan POJK No. 29/POJK.05/2020 tanggal                                              regulation No. 29/POJK.05/2020 dated
        22 April 2020 mengenai Perubahan Atas                                                   April 22, 2020 concerning Amendments to
        Peraturan Otoritas Jasa Keuangan dan POJK                                               Financial Services Authority Regulations and
        No. 30/POJK.05/2014 tentang Tata Kelola                                                 POJK No. 30/POJK.05/2014 concerning the
        Perusahaan yang Baik bagi Perusahaan                                                    Good Corporate Governance for Financing
        Pembiayaan, Perusahaan telah memiliki                                                   Companies, the Company has an Audit
        Piagam Komite Audit tertanggal 27 Februari                                              Committee Charter dated February 27, 2018
        2018 dan telah diubah terakhir kali pada                                                and was last amended on July 25, 2022.
        tanggal 5 Juli 2022.
        Sampai dengan tanggal 31 Desember 2024                                                  Until December 31, 2024, corporate secretary
        Sekretaris Perusahaan adalah Arief Soerendro,                                           division is Arief Soerendro and internal audit
        dan Ketua Divisi Audit Internal diketuai oleh                                           division head chaired by Maman Supriyatna.
        Maman Supriyatna.


        Perusahaan memiliki 940 dan 909 total                                                   The Company has a total of 940 and 909
        karyawan masing-masing pada tanggal-tanggal                                             employees as of December 31, 2024 and
        31 Desember 2024 dan 2023 (tidak diaudit).                                              2023, respectively (unaudited).



                                                                             12
Page 308
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                            As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                      and for the Year Then Ended
                  pada Tanggal tersebut                                        (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL                     ACCOUNTING
     MATERIAL                                                            POLICIES INFORMATION

     a.    Pernyataan    kepatuhan    dan           dasar                a.    Statement of compliance and basis of
           penyusunan laporan keuangan                                         preparation of the financial statements

           Laporan keuangan pada tanggal-tanggal dan                           The financial statements as of and for
           untuk tahun yang berakhir pada tanggal-                             the years ended December 31, 2024 and
           tanggal 31 Desember 2024 dan 2023 disusun                           2023 are prepared and presented in
           dan disajikan sesuai dengan Standar                                 accordance with Indonesian Financial
           Akuntansi Keuangan dan Standar Akuntansi                            Accounting Standards and Sharia Financial
           Keuangan Syariah di Indonesia yang                                  Accounting Standards as issued by the
           diterbitkan oleh Ikatan Akuntan Indonesia (IAI)                     Indonesian Institute of Accountants and the
           dan Peraturan Otoritas Jasa Keuangan (OJK)                          Capital Market and Financial Service
           No.     VIII.G.7   tentang   “Penyajian    dan                      Authority (OJK) Regulation No. VIII.G.7
           Pengungkapan Laporan Keuangan Emiten                                regarding “Issuers or Public Company’s
           atau Perusahaan Publik”.                                            Financial Statements Presentation and
                                                                               Disclosure”.

           Laporan keuangan disusun berdasarkan                                The financial statements have been
           konsep akrual, dan dasar pengukuran dengan                          prepared on the accrual basis using the
           menggunakan konsep harga historis, kecuali                          historical cost concept, except for the
           laporan arus kas dan beberapa akun tertentu                         statement of cash flows and certain accounts
           yang disusun berdasarkan pengukuran lain                            which are measured on the basis described
           sebagaimana diuraikan dalam kebijakan                               in the related accounting policies for those
           akuntansi masing-masing akun tersebut.                              accounts.

           Laporan arus kas menyajikan informasi                               The statement of cash flows presents
           penerimaan dan pengeluaran kas dan bank                             information on receipts and payments of
           yang diklasifikasikan ke dalam aktivitas                            cash and banks classified into operating,
           operasi, investasi, dan pendanaan dengan                            investing, and financing activities using the
           menggunakan metode langsung.                                        direct method.

           Mata uang penyajian yang digunakan dalam                            The presentation currency used in the
           penyusunan laporan keuangan ini adalah mata                         financial statements is Indonesian Rupiah,
           uang Rupiah yang merupakan mata uang                                which is the functional currency.
           fungsional.

           Seluruh angka dalam laporan keuangan ini,                           All figures in the financial statements are
           dibulatkan dan disajikan dalam jutaan Rupiah,                       rounded to and stated in millions of Rupiah,
           kecuali dinyatakan lain.                                            unless otherwise stated.




                                                             13
Page 309
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                               As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                         and for the Year Then Ended
              pada Tanggal tersebut                                           (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                          unless otherwise stated)
             kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)
     b.   Transaksi dengan pihak-pihak berelasi                         b.    Transactions with related parties
          Jenis transaksi dan saldo dengan pihak-pihak                        The nature of transactions and balances of
          berelasi, baik yang dilaksanakan dengan                             accounts with related parties, whether or not
          ataupun tidak dilaksanakan dengan syarat                            executed according to terms and conditions
          serta kondisi yang sama untuk pihak ketiga,                         similar to those with third parties, are
          diungkapkan dalam catatan atas laporan                              disclosed in the notes to the financial
          keuangan.                                                           statements.
          Pihak berelasi adalah orang atau entitas yang                       A related party is a person or entity that is
          terkait dengan entitas yang menyiapkan                              related to the entity that is preparing its
          laporan keuangannya (“entitas pelapor”).                            financial statements (“reporting entity”).
          Termasuk pihak berelasi, sebagai berikut:                           Related parties are as follow:
          1) Orang atau anggota keluarga terdekat                             1) 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 significant influence over the
                 entitas pelapor; atau                                              reporting entity; or
             c) Merupakan personil 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.
          2) Entitas mempunyai relasi dengan entitas                          2) 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 parent, subsidiary, and
                anak, dan entitas anak berikutnya                                   fellow subsidiary is related to the
                terkait dengan entitas lain);                                       others);

             b) Suatu 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 member
                bersama yang merupakan anggota                                      of a group of which the other entity is
                suatu kelompok usaha, yang mana                                     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) Suatu 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 pasca-kerja untuk imbalan                                   benefit plan for the employment
                kerja dari salah satu entitas pelapor                               benefit of either the reporting entity or
                atau entitas yang terkait dengan                                    an entity related to the reporting entity.
                entitas pelapor. Jika entitas pelapor                               If the reporting entity is itself such
                adalah           entitas         yang                               a plan, the sponsoring employers are
                menyelenggarakan program tersebut,                                  also related to the reporting entity;
                maka entitas sponsor juga berelasi
                dengan entitas pelapor;
                                                            14
Page 310
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                             As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
                  pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     b.    Transaksi    dengan     pihak-pihak    berelasi                b.    Transactions        with      related      parties
           (lanjutan)                                                           (continued)

           Pihak berelasi adalah orang atau entitas yang                        A related party is a person or entity that is
           terkait dengan entitas yang menyiapkan                               related to the entity that is preparing its
           laporan keuangannya (“entitas pelapor”).                             financial statements (“reporting entity”).
           Termasuk pihak berelasi, sebagai berikut                             Related parties are as follow (continued):
           (lanjutan):

           2) Entitas mempunyai relasi dengan entitas                           2) An entity is related to a reporting entity if
              pelapor jika entitas tersebut (lanjutan):                            any of the following conditions applies
                                                                                   (continued):

              f) Entitas     yang   dikendalikan atau                              f) The entity is controlled or jointly
                 dikendalikan bersama oleh orang yang                                 controlled by a person identified in 1);
                 diidentifikasi sebagaimana dimaksud
                 dalam angka 1);

              g) Orang yang diidentifikasi sebagaimana                             g) A person identified in 1) a) has
                 dimaksud dalam angka 1) huruf a)                                     significant influence over the entity or
                 memiliki pengaruh signifikan atas                                    is a member of the key management
                 entitas atau merupakan personil                                      personnel of the entity (or a parent of
                 manajemen kunci entitas (atau entitas                                the entity); or
                 induk dari entitas); atau

              h) Entitas, atau anggota dari kelompok di                           h) The entity, or any member of a group of
                 mana entitas merupakan bagian dari                                  which it is a part, provides key
                 kelompok tersebut, menyediakan jasa                                 management personnel services to the
                 personil manajemen kunci kepada                                     reporting entity or to the parent of the
                 entitas pelapor atau kepada entitas                                 reporting entity.
                 induk dari entitas pelapor

           Seluruh transaksi dan saldo yang material                            All significant transactions and balances with
           dengan pihak-pihak berelasi diungkapkan                              related parties are disclosed in the relevant
           dalam catatan atas laporan keuangan yang                             notes to the financial statements.
           relevan.

     c.    Aset dan liabilitas keuangan                                   c.    Financial assets and liabilities

           Aset keuangan diklasifikasikan sebagai aset                          Financial assets has been classified as
           keuangan yang diukur berdasarkan biaya                               financial assets measured at amortized cost,
           perolehan diamortisasi, aset keuangan diukur                         financial assets measured at fair value
           dengan nilai wajar melalui penghasilan                               through other comprehensive income, and
           komprehensif lain, dan aset keuangan diukur                          financial assets measured at fair value
           dengan nilai wajar melalui laba rugi.                                through profit or loss.

           Sedangkan, liabilitas keuangan diklasifikasikan                      Meanwhile, financial liabilities are classified
           sebagai liabilitas keuangan yang diukur                              as financial liabilities measured at amortized
           berdasarkan biaya perolehan diamortisasi dan                         cost and financial liabilities measured at fair
           liabilitas keuangan yang diukur pada nilai wajar                     value through profit or loss.
           melalui laba rugi.




                                                              15
Page 311
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                           As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
                  pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     c.    Aset dan liabilitas keuangan (lanjutan)                      c.    Financial assets and liabilities (continued)

           Pengakuan dan Pengukuran                                           Recognition and Measurement

           Klasifikasi aset keuangan menggunakan                              The classification of financial assets uses the
           pendekatan model bisnis dan karakteristik arus                     business model approach and contractual
           kas kontraktual dari aset keuangan tersebut.                       cash flow characteristic of the financial
           Setelah pengakuan awal, aset keuangan                              assets. After initial recognition, financial
           diukur dengan biaya perolehan diamortisasi,                        assets are measure at amortized cost, fair
           nilai wajar melalui penghasilan komprehensif                       value through other comprehensive income
           lain dan nilai wajar melalui laba rugi                             and fair value through profit or loss based on
           berdasarkan pada model bisnis yang diadopsi.                       the business model adopted.

           Penilaian Model Bisnis                                             Business Model Assessment

           Perusahaan menentukan model bisnisnya                              The Company determines its business model
           pada tingkat yang terbaik dimana tercemin                          at the level that best reflects how it manages
           bagaimana Perusahaan mengelola kelompok                            groups of financial assets to achieve its
           aset keuangan untuk mencapai tujuan                                business objective:
           bisnisnya:
           a.   Risiko yang mempengaruhi kinerja model                        a.   The risk that affects the performance of
                bisnis (dan aset keuangan yang dimiliki                            the business model (and the financial
                dalam model bisnis itu) dan, khususnya                             assets held within that business model)
                cara risiko itu dikelola.                                          and, in particular, the way those risks
                                                                                   are managed.

           b.   Bagaimana manajer bisnis dikompensasi                         b.   How managers of the business are
                (misalnya, apakah kompensasi didasarkan                            compensated (for example, whether the
                pada nilai wajar dari aset yang dikelola                           compensation is based on the fair value
                atau pada arus kas kontraktual yang                                of the assets managed or on the
                dikumpulkan).                                                      contractual cash flows collected).

           Frekuensi, nilai, dan waktu penjualan yang                         The expected frequency, value and timing of
           diharapkan juga merupakan aspek penting dari                       sales are also important aspect of the
           penilaian Perusahaan.                                              Company’s assessment.

           Penilaian model bisnis didasarkan pada                             The business model assessment is based on
           skenario yang diharapkan secara wajar tanpa                        reasonably expected scenarios without
           mempertimbangkan skenario ‘kasus terburuk’                         taking ‘worst case’ or ‘stress case’ scenarios
           atau ‘kasus stres’. Jika arus kas setelah                          into account. If cash flows after initial
           pengakuan awal direalisasikan dengan cara                          recognition are realized in a way that is
           yang berbeda dari harapan awal Perusahaan,                         different from the Company’s original
           Perusahaan tidak mengubah klasifikasi aset                         expectations, the Company does not change
           keuangan yang tersisa dalam model bisnis                           the classificaton of the remaining financial
           tersebut, tetapi memasukan informasi tersebut                      assets held in that business model, but
           ketika menilai aset keuangan yang baru                             incorporates     such     information    when
           diperoleh atau yang baru dibeli kedepannya.                        assessing newly originated or newly
                                                                              purchased financial assets going forward.

           Tes SPPI                                                           SPPI Test

           Sebagai langkah kedua dari proses klasifikasi,                     As a second step of its classification process,
           Perusahaan menilai persyaratan kontrak dari                        the Company assesses the contractual terms
           aset keuangan untuk mengidentifikasi apakah                        of the financial assets to identify whether
           mereka memenuhi tes SPPI.                                          they meet the SPPI test.


                                                            16
Page 312
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                             As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
                  pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     c.    Aset dan liabilitas keuangan (lanjutan)                        c.    Financial assets and liabilities (continued)

           Pengakuan dan Pengukuran (lanjutan)                                  Recognition and Measurement (continued)

           Tes SPPI (lanjutan)                                                  SPPI Test (continued)

           Pokok untuk tujuan pengujian ini didefinisikan                       Principal for the purpose of this test is
           sebagai nilai wajar dari aset keuangan pada                          defined as the fair value of the financial
           pengakuan awal dan dapat berubah selama                              assets at initial recognition and may change
           umur aset keuangan (misalnya, jika ada                               over the life of the financial asset
           pembayaran      pokok      atau    amortisasi                        (for example, if there are repayments
           premi/diskon).                                                       of principal or amortization of the
                                                                                premium/discount).

           Elemen bunga yang paling signifikan dalam                            The most significant elements of interests
           pengaturan      pinjaman  biasanya    adalah                         within a lending arrangement are typically the
           pertimbangan untuk nilai waktu dari uang dan                         consideration for the time value of money
           risiko kredit. Untuk membuat penilaian SPPI,                         and credit risk. To make the SPPI
           Perusahaan menerapkan penilaian dan                                  assessment,       the     Company     applies
           mempertimbangkan faktor-faktor yang relevan                          judgement and considers relevant factors
           seperti mata uang dimana aset keuangan                               such as the currency in which the financial
           didenominasi, dan periode dimana tingkat                             asset is denominated, and the period for
           bunga ditetapkan.                                                    which the interest rate is set.

           Semua instrumen keuangan pada saat                                   All financial instruments are measured
           pengakuan awal diukur sebesar nilai wajarnya.                        initially at their fair value. In the case that
           Dalam hal aset keuangan atau liabilitas                              financial assets or financial liabilities are not
           keuangan tidak diukur pada nilai wajar melalui                       designated at fair value through profit or loss,
           laba rugi, nilai wajar tersebut ditambah biaya                       the fair value should be added with
           transaksi yang dapat diatribusikan secara                            attributable transaction costs directly from
           langsung dengan perolehan atau penerbitan                            acquisition or issuance of financial assets or
           aset keuangan atau liabilitas keuangan                               financial liabilities.
           tersebut.

           Aset Keuangan                                                        Financial Assets

           a)   Aset keuangan yang diukur dengan biaya                          a)   Financial assets measured at amortized
                perolehan diamortisasi                                               cost

                Aset keuangan yang diukur dengan biaya                               Financial assets measured at amortized
                perolehan diamortisasi adalah aset                                   cost are financial assets that meet one
                keuangan yang memenuhi salah satu                                    of the conditions of financial assets
                kondisi aset keuangan dikelola dalam                                 managed in a model business that aims
                model bisnis yang bertujuan untuk                                    to have the financial assets in order to
                memiliki aset keuangan dalam rangka                                  obtain contractual cash flows, and the
                mendapatkan arus kas kontraktual, dan                                contractual terms of financial assets on
                persyaratan   kontraktual     dari     aset                          the certain date increase cash flows
                keuangan     pada      tanggal     tertentu                          solely payments of principle and interest
                meningkatkan arus kas semata dari                                    “SPPI” (Solely Payment of Principal and
                pembayaran pokok dan bunga “SPPI”                                    Interest).
                (Solely Payment of Principal and Interest).




                                                              17
Page 313
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                            As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                      and for the Year Then Ended
                  pada Tanggal tersebut                                        (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     c.    Aset dan liabilitas keuangan (lanjutan)                       c.    Financial assets and liabilities (continued)

           Pengakuan dan Pengukuran (lanjutan)                                 Recognition and Measurement (continued)

           Aset Keuangan (lanjutan)                                            Financial Assets (continued)

            a)   Aset keuangan yang diukur dengan biaya                        a)   Financial assets measured at amortized
                 perolehan diamortisasi (lanjutan)                                  cost (continued)

                 Pada saat pengakuan awal aset                                      Financial assets measured at amortized
                 keuangan yang diukur dengan biaya                                  cost are initially recognized at fair value
                 perolehan diamortisasi dicatat sebesar                             and     subsequently       measured      at
                 nilai wajar, selanjutnya diukur pada                               amortized cost using the Effective
                 biaya perolehan diamortisasi dengan                                Interest Rate (EIR) method, less
                 menggunakan metode suku bunga efektif                              impairment. Amortized cost is calculated
                 (EIR), dikurangi dengan penurunan nilai.                           by taking into account any discount or
                 Biaya perolehan diamortisasi dihitung                              premium on initial acquisition and
                 dengan memperhitungkan diskonto atau                               fees/costs that are an integral part of the
                 premi pada awal akuisisi dan fee/biaya                             Effective Interest Rate (EIR). The
                 sebagai bagian tidak terpisahkan dari                              amortization and the losses arising from
                 suku bunga efektif (EIR). Amortisasi dan                           impairment of those financial assets are
                 kerugian yang timbul dari penurunan nilai                          recognized in the statement of profit or
                 aset keuangan tersebut akan diakui dalam                           loss and other comprehensive income.
                 laporan laba rugi dan penghasilan
                 komprehensif lain.

                 Persyaratan penurunan nilai diterapkan                             Impairment requirements are applied to
                 pada aset keuangan yang diukur dengan                              financial assets measured at amortized
                 biaya perolehan.                                                   cost.

           b)    Aset keuangan yang diukur pada nilai                          b)   Financial assets measured at fair value
                 wajar melalui penghasilan komprehensif                             through other comprehensive income
                 lain

                 Aset keuangan yang diukur pada nilai                               Financial assets measured at fair value
                 wajar melalui penghasilan komprehensif                             through other comprehensive income
                 lain adalah aset keuangan yang                                     are financial assets that meet one of the
                 memenuhi salah satu kondisi aset                                   conditions of financial assets managed
                 keuangan dikelola dengan model bisnis                              with a business model whose purpose
                 yang tujuannya akan terpenuhi dengan                               will be fulfilled by obtaining contractual
                 mendapatkan arus kas kontraktual dan                               cash flow and selling financial assets,
                 menjual aset keuangan, dan persyaratan                             and the contractual terms of the financial
                 kontraktual dari aset keuangan tersebut                            assets grant rights on a certain date for
                 memberikan hak pada tanggal tertentu                               cash flows solely payments of principal
                 atas arus kas yang semata dari                                     and interest on the principal amount
                 pembayaran pokok dan bunga dari jumlah                             owed.
                 pokok terutang.




                                                             18
Page 314
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                           As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
                  pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     c.    Aset dan liabilitas keuangan (lanjutan)                      c.    Financial assets and liabilities (continued)

           Pengakuan dan Pengukuran (lanjutan)                                Recognition and Measurement (continued)

           Aset Keuangan (lanjutan)                                           Financial Assets (continued)

           c)   Aset keuangan yang diukur pada nilai                          c)   Financial assets measured at fair value
                wajar melalui laba rugi                                            through profit or loss

                Pada saat pengakuan awal, aset                                     Financial assets measured at fair value
                keuangan yang diukur pada nilai wajar                              through other comprehensive income
                melalui penghasilan komprehensif lain                              are initially recognized at fair value and
                dicatat sebesar nilai wajar, selanjutnya                           measured subsequently at fair value
                diukur sebesar nilai wajar dengan                                  with gains or losses arising from the
                keuntungan atau kerugian dari perubahan                            changes in fair value under other
                nilai    wajar    dalam      penghasilan                           comprehensive income, except for
                komprehensif lainnya, kecuali kerugian                             impairment on financial assets and
                penurunan nilai atas aset keuangan dan                             foreign exchange gains or losses.
                keuntungan     atau   kerugian    akibat
                perubahan kurs.

                Persyaratan penurunan nilai diterapkan                             Impairment requirements are applied to
                pada aset keuangan yang diukur pada                                financial assets measured at fair value
                nilai   wajar      melalui penghasilan                             through other comprehensive income.
                komprehensif lain.

                Aset keuangan yang diukur pada nilai                               Financial assets are measured at fair
                wajar melalui laba rugi kecuali aset                               value through profit or loss unless those
                keuangan tersebut diukur dengan biaya                              financial assets are measured at
                perolehan diamortisasi atau diukur pada                            amortized cost or measured at fair value
                nilai   wajar    melalui    penghasilan                            through other comprehensive income,
                komprehensif lain, dan dimiliki dalam                              and are held in a business model for
                model bisnis yang tujuannya untuk                                  trading purposes.
                diperdagangkan.

                Setelah pengukuran awal, aset keuangan                             After initial recognition, the financial
                yang dikelompokkan dalam kategori ini                              assets included in this category are
                diukur sebesar nilai wajarnya, keuntungan                          measured at fair value, the unrealized
                atau kerugian yang belum direalisasi                               gains or losses resulting from changes
                akibat perubahan nilai wajar instrumen                             in fair value are recognized in the
                keuangan tersebut diakui dalam laporan                             statement of profit or loss and other
                laba rugi dan penghasilan komprehensif                             comprehensive income as “Increase/
                lain sebagai “Kenaikan/(penurunan) nilai                           (decrease) in value of financial
                instrumen keuangan”.                                               instruments”.

           Aset keuangan perusahaan terdiri dari kas dan                      The Company’s financial assets consist of
           bank, piutang sewa pembiayaan-neto, piutang                        cash and banks, financial lease receivables-
           pembiayaan konsumen-neto, piutang lain-lain                        net, consumer financing receivables-net,
           (piutang karyawan, piutang premi asuransi dan                      other receivables (employee receivables,
           piutang ijarah) dan aset lain-lain (piutang                        insurance premium receivables and ijarah
           subsidi) yang diklasifikasikan sebagai aset                        receivables) and other assets (subsidy
           keuangan diukur pada biaya perolehan                               receivables) classified as financial assets
           diamortisasi.                                                      measured at amortized cost.




                                                            19
Page 315
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                           As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
                  pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     c.    Aset dan liabilitas keuangan (lanjutan)                      c.    Financial assets and liabilities (continued)

           Pengakuan dan Pengukuran (lanjutan)                                Recognition and Measurement (continued)

           Aset Keuangan (lanjutan)                                           Financial 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
           kredit ekspektasian diukur sebagai berikut:                        derecognized and expected credit losses
                                                                              measured as follows:

              Jika restrukturisasi tidak mengakibatkan                          If the restructuring does not result in the
               penghentian pengakuan aset yang ada,                               termination of recognition of existing
               maka arus kas yang diperkirakan yang                               assets, then the estimated cash flows
               timbul    dari   aset    keuangan     yang                         arising from the modified financial assets
               dimodifikasi      dimasukkan         dalam                         are included in the calculation of cash
               perhitungan kekurangan kas dari aset                               shortages of existing assets.
               yang ada.
              Jika restrukturisasi akan menghasilkan                            If the restructuring will result in
               penghentian pengakuan aset yang ada,                               a derecognition of the existing assets, the
               maka nilai wajar aset baru diperlakukan                            fair value of the new asset is treated as
               sebagai arus kas akhir dari aset keuangan                          the final cash flow of the existing financial
               yang ada pada saat penghentian                                     assets at the time of derecognition. This
               pengakuannya. Jumlah ini dimasukkan                                amount is included in the calculation of
               dalam perhitungan kekurangan kas dari                              cash shortages from existing financial
               aset    keuangan      yang    ada     yang                         assets which are discounted from the
               didiskontokan dari tanggal penghentian                             date of derecognition to the reporting
               pengakuan      ke     tanggal    pelaporan                         date using the initial effective interest rate
               menggunakan suku bunga efektif awal                                of the existing financial assets.
               dari aset keuangan yang ada.

            Penghentian Pengakuan                                             Derecognition

           Perusahaan menghentikan pengakuan aset                             The Company derecognizes a financial
           keuangan, jika dan hanya jika, hak kontraktual                     asset if, and only if, the contractual rights to
           untuk menerima arus kas yang berasal dari                          receive cash flows from the asset have
           aset keuangan tersebut berakhir; atau                              expired; or the Company has transferred its
           Perusahaan mentransfer hak untuk menerima                          rights to receive cash flows from the asset or
           arus kas yang berasal dari aset keuangan atau                      has assumed an obligation to pay the
           menanggung kewajiban untuk membayarkan                             received cash flows in full without material
           arus kas yang diterima tersebut secara penuh                       delay to a third party under a pass through
           tanpa penundaan berarti kepada pihak ketiga                        arrangement; and either (a) the Company
           di bawah kesepakatan pelepasan (pass                               has transferred substantially all the risks and
           through arrangement); dan (a) Perusahaan                           rewards of the asset, or (b) the Company
           telah mentransfer secara substansial seluruh                       has neither transferred nor retained
           risiko dan manfaat atas aset, atau (b)                             substantially all the risks and rewards of the
           Perusahaan tidak mentransfer maupun tidak                          asset, but has transferred control of the
           memiliki secara substansial seluruh risiko dan                     asset.
           manfaat atas aset, namun telah mentransfer
           pengendalian atas aset.


                                                            20
Page 316
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                             As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
                  pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     c.    Aset dan liabilitas keuangan (lanjutan)                        c.    Financial assets and liabilities (continued)

           Pengakuan dan Pengukuran (lanjutan)                                  Recognition and Measurement (continued)

           Liabilitas Keuangan                                                  Financial Liabilities

           Liabilitas keuangan setelah pengakuan awal                           Financial liabilities after initial recognition are
           diukur pada biaya perolehan diamortisasi                             measured at amortized cost using the
           dengan menggunakan metode suku bunga                                 Effective Interest Rate (EIR) method, except:
           efektif (EIR), kecuali:

           a.   Liabilitas keuangan pada nilai wajar                            a.   Financial liabilities at fair value through
                melalui laba rugi. Liabilitas tersebut,                              profit or loss. These liabilities, including
                termasuk derivatif yang merupakan                                    derivatives that are liabilities, then will be
                liabilitas, selanjutnya akan diukur melalui                          measured at fair value.
                nilai wajar.

           b.   Liabilitas yang timbul ketika pengalihan                        b.   Liabilities that arise when the transfer of
                aset keuangan yang tidak memenuhi                                    financial assets that do not meet the
                syarat penghentian pengakuan atau ketika                             conditions for termination of recognition
                pendekatan keterlibatan berkelanjutan                                or when a sustainable engagement.
                diterapkan.

           c.   Kontrak jaminan keuangan.                                       c.   Financial guarantee contract.

           d.   Komitmen untuk menyediakan kredit atau                          d.   Commitment to providing loan                or
                pembiayaan dengan suku bunga pasar.                                  financing at market interest rates.

           e.   Imbalan kontijensi yang diakui oleh pihak                       e.   Contingency rewards recognized by the
                pengakuisisi     dalam kombinasi bisnis                              acquirer in the business combination
                dimana PSAK No. 103 diterapkan.                                      where SFAS No. 103 is applied.
                Imbalan kontijensi selanjutnya diukur pada                           Contingent       consideration        is
                nilai wajar dan selisihnya diakui dalam                              subsequently measured at fair value and
                laporan laba rugi.                                                   the difference is recognized in the
                                                                                     income statement.

           Jika diketahui bahwa beberapa instrumen                              If it is known that several financial
           keuangan dibuat dari 2 (dua) elemen -                                instruments are made up of 2 (two) elements
           komponen liabilitas dan komponen ekuitas,                            - the liability component and the equity
           maka instrumen keuangan harus dipisahkan                             component, then the financial instrument
           menjadi 2 (dua) komponen sebagai liabilitas                          should be separated into 2 (two) components
           keuangan dan yang lainnya sebagai instrumen                          as financial liabilities and others as equity
           ekuitas.                                                             instruments.

           Liabilitas keuangan Perusahaan terdiri dari                          The Company’s financial liabilities consist of
           utang bank, utang dealer, beban akrual -                             bank loans, payables to dealer, accrued
           bunga, utang lain-lain (kewajiban ke bank) dan                       expenses - interest, other payables (liabilities
           utang obligasi yang diklasifikasikan sebagai                         to bank) and bonds payable which classified
           liabilitas keuangan lainnya yang diukur pada                         as other financial liabilities measured at
           biaya perolehan diamortisasi.                                        amortized cost.




                                                              21
Page 317
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                            As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                      and for the Year Then Ended
                  pada Tanggal tersebut                                        (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     c.    Aset dan liabilitas keuangan (lanjutan)                       c.    Financial assets and liabilities (continued)

           Pengakuan dan Pengukuran (lanjutan)                                 Recognition and Measurement (continued)

           Instrumen Ekuitas                                                   Equity instruments

            a)   Instrumen ekuitas yang diukur pada nilai                      a)   Equity instruments measured at fair
                 wajar melalui laba rugi                                            value through profit or loss

                 Instrumen ekuitas harus diukur pada nilai                          Equity instruments should be measured
                 wajar melalui laba rugi. Akan tetapi,                              at fair value through profit or loss.
                 Perusahaan dapat menetapkan pilihan                                However, the Company may decide
                 yang tidak dapat dibatalkan saat                                   irrevocable    choices    upon    initial
                 pengakuan awal atas investasi pada                                 recognition of investments in certain
                 instrumen ekuitas tertentu untuk diukur                            equity instruments to be measured at fair
                 pada nilai wajar melalui penghasilan                               value through other comprehensive
                 komprehensif lain.                                                 income.

            b)   Instrumen ekuitas yang diukur pada nilai                      b)   Equity instruments measured at fair
                 wajar melalui penghasilan komprehensif                             value through other comprehensive
                 lain                                                               income

                 Ketika pilihan untuk mengukur pada nilai                           When the choice to measure at fair
                 wajar melalui penghasilan komprehensif                             value through other comprehensive
                 lain dilakukan, setelah penghentian                                income is executed, after derecognition,
                 pengakuan, keuntungan dan kerugian                                 gains and losses in other comprehensive
                 dalam pendapatan komprehensif lain tidak                           income are not transferred to profit or
                 dipindahkan ke laba atau rugi (“without                            loss (without recycling).
                 recycling”).
           Namun, pendapatan dividen dari instrumen                            However, dividend income of equity
           ekuitas harus diakui dalam laporan laba rugi.                       instrument should be recognized in the
                                                                               statement of profit or loss.

           Reklasifikasi Instrumen Keuangan                                    Reclassification of Financial Instruments

           Reklasifikasi aset keuangan diizinkan jika (dan                     Reclassification of financial assets is
           hanya jika) Perusahaan melakukan perubahan                          permissible when (and only when) the
           pada model bisnis untuk mengatur aset                               Company make changes to the business
           keuangannya, namun Perusahaan harus                                 model to manage their financial assets, but
           mereklasifikasi semua aset keuangan yang                            the Company must reclassify all affected
           terdampak dengan model bisnis yang baru.                            financial assets following the new business
                                                                               model.

           Reklasifikasi   harus   diterapkan      secara                      Reclassifications      should     be     applied
           prospektif dari ‘tanggal reklasifikasi’, yang                       prospectively       from     'the    date       of
           didefinisikan sebagai, ‘hari pertama dari                           reclassification', which is defined as, 'the first
           periode pelaporan pertama setelah perubahan                         day of the first reporting period after the
           model bisnis yang menghasilkan reklasifikasi                        change in the business model that results in
           aset keuangan’. Oleh karena itu, semua                              the reclassification of financial assets'.
           keuntungan, kerugian atau bunga yang                                Therefore, all previously recognized gains,
           sebelumnya diakui tidak perlu disajikan                             losses or interest need not be restated.
           kembali.




                                                             22
Page 318
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                              As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                        and for the Year Then Ended
                  pada Tanggal tersebut                                          (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                         unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                   POLICIES INFORMATION (continued)

     c.    Aset dan liabilitas keuangan (lanjutan)                         c.    Financial assets and liabilities (continued)

           Reklasifikasi Instrumen Keuangan (lanjutan)                           Reclassification    of    Financial   Instruments
                                                                                 (continued)

           Perusahaan tidak diperkenankan             untuk                      The Company is not permitted to reclassify
           mereklasifikasi liabilitas keuangan.                                  financial liabilities

           Perubahan      berikut   ini  adalah      bukan                       The     following      changes    are     not
           merupakan reklasifikasi:                                              a reclassification:
           a. Item yang sebelumnya telah ditetapkan                              a. Items       previously designated and
               dan efektif sebagai instrumen lindung nilai                           effective as hedging instruments in cash
               pada lindung nilai arus kas atau lindung                              flow hedges or net investment hedges,
               nilai investasi neto, namun tidak lagi                                but no longer meet such qualifications;
               memenuhi kualifikasi seperti itu;
           b. Item yang kemudian ditetapkan dan efektif                          b.   The items are then designated and
               sebagai instrumen lindung nilai dalam                                  effective as hedging instruments in cash
               lindung nilai arus kas atau lindung nilai                              flow hedges or net investment hedges,
               investasi neto, dan                                                    and
           c. Perubahan dalam pengukuran ketika                                  c.   Changes in measurement when the
               Perusahaan        memilih    opsi      untuk                           Company chooses the option to set
               menetapkan eksposur kredit sebagai                                     credit exposures as measured at fair
               diukur pada nilai wajar melalui laba rugi.                             value through profit or loss.

           Persyaratan untuk reklasifikasi aset keuangan:                        Requirement         for      financial      assets
                                                                                 reclassification:

           Perusahaan      dapat    mereklasifikasi  aset                        The Company may reclassify financial assets
           keuangan yang diukur pada biaya perolehan                             measured at amortized cost to financial
           diamortisasi ke aset keuangan yang diukur                             assets measured at fair value through profit
           pada nilai wajar melalui laba rugi dengan                             or loss with requirement of its fair value is
           persyaratan nilai wajarnya diukur pada tanggal                        measured at reclassification date. Gain and
           reklasifikasi. Keuntungan dan kerugian yang                           losses arising from the difference between
           timbul dari selisih antara biaya perolehan                            previous amortized cost and fair value of the
           diamortisasi sebelumnya dan nilai wajar aset                          financial assets are recognized in profit and
           keuangan diakui dalam laba rugi.                                      loss.

           Perusahaan      dapat    mereklasifikasi     aset                     The Company may reclassify financial assets
           keuangan yang diukur pada nilai wajar melalui                         measured at fair value through profit or loss
           laba rugi ke aset keuangan yang diukur                                to financial assets measured at amortized
           pada biaya perolehan diamortisasi dengan                              cost with requirement of fair value at the
           persyaratan nilai       wajar    pada tanggal                         reclassification date becomes the new gross
           reklasifikasi menjadi jumlah tercatat bruto yang                      carrying amount.
           baru.

           Perusahaan     dapat   mereklasifikasi    aset                        The Company may reclassify financial assets
           keuangan yang diukur pada biaya perolehan                             measured at amortized cost to financial
           diamortisasi ke aset keuangan yang diukur                             assets measured at fair value through other
           pada nilai     wajar melalui     penghasilan                          comprehensive income with requirement of
           komprehensif lainnya dengan persyaratan nilai                         its fair value is measure at reclassification
           wajarnya diukur pada tanggal reklasifikasi.                           date. Gain and losses arising from the
           Keuntungan dan kerugian yang timbul dari                              difference between previous amortized cost
           selisih antara biaya perolehan diamortisasi                           and fair value of the financial assets are
           sebelumnya dan nilai wajar aset keuangan                              recognized in other comprehensive income.
           diakui dalam penghasilan komprehensif lain.



                                                               23
Page 319
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                             As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
                  pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     c.    Aset dan liabilitas keuangan (lanjutan)                        c.    Financial assets and liabilities (continued)

           Reklasifikasi Instrumen Keuangan (lanjutan)                          Reclassification    of   Financial    Instruments
                                                                                (continued)

           Persyaratan untuk reklasifikasi aset keuangan                        Requirement        for     financial        assets
           (lanjutan):                                                          reclassification (continued):

           Perusahaan      dapat   mereklasifikasi   aset                       The Company may reclassify financial assets
           keuangan yang diukur pada nilai wajar melalui                        measured at fair value through other
           penghasilan komprehensif lain ke aset                                comprehensive income to financial assets
           keuangan yang diukur pada biaya perolehan                            measured at amortized cost with requirement
           diamortisasi dengan persyaratan keuntungan                           of cumulative gain or loss previously
           dan kerugian kumulatif yang sebelumnya                               recognized in other comprehensive income is
           diakui dalam penghasilan komprehensif lain                           removed from equity and applied against the
           dihapus dari ekuitas dan disesuaikan terhadap                        fair value of the financial assets at the
           nilai wajar dari aset keuangan pada tanggal                          reclassification date.
           reklasifikasi.

           Perusahaan      dapat    mereklasifikasi    aset                     The Company may reclassify financial assets
           keuangan yang diukur pada nilai wajar melalui                        measured at fair value through profit or loss
           laba rugi ke aset keuangan yang diukur pada                          to financial assets measured at fair value
           penghasilan     komprehensif     lain    dengan                      through other comprehensive income with
           persyaratan aset keuangan tetap diukur pada                          requirement of financial asset continuous to
           nilai wajarnya, tetapi selanjutnya keuntungan                        be measured at fair value but subsequent
           dan     kerugian    diakui    di    penghasilan                      gain and losses are recognized in other
           komprehensif lain, bukan di laba rugi.                               comprehensive income rather than profit and
                                                                                loss.

           Perusahaan      dapat    mereklasifikasi  aset                       The Company may reclassify financial assets
           keuangan yang diukur pada penghasilan                                measured at fair value through other
           komprehensif lain ke aset keuangan yang                              comprehensive income to financial assets
           diukur pada nilai wajar melalui laba rugi                            measured at fair value through profit or loss
           dengan persyaratan aset keuangan tetap                               with    requirement     of    financial    asset
           diukur pada nilai wajarnya dan keuntungan dan                        continuous to be recognized at fair value and
           kerugian kumulatif yang sebelumnya diakui di                         the cumulative gain or loss previously
           penghasilan komprehensif lain di reklasifikasi                       recognized in other comprehensive income is
           dari ekuitas ke laba rugi sebagai penyesuaian                        reclassified from equity to profit and loss.
           reklasifikasi.

           Perusahaan melakukan penilaian kembali                               The Company reassess the business model
           terhadap model bisnis setiap periode                                 each reporting period to determine whether
           pelaporan untuk menentukan apakah ada                                there has been change in the business
           perubahan model bisnis dari periode                                  model from previous period.
           sebelumnya.




                                                              24
Page 320
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                             As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
                  pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     c.    Aset dan liabilitas keuangan (lanjutan)                        c.    Financial assets and liabilities (continued)

           Reklasifikasi Instrumen Keuangan (lanjutan)                          Reclassification    of   Financial    Instruments
                                                                                (continued)

           Persyaratan untuk reklasifikasi aset keuangan                        Requirement        for     financial        assets
           (lanjutan):                                                          reclassification (continued):

           Perubahan pada model bisnis sangat jarang                            Changes to the business model are very
           terjadi, tetapi jika terjadi perubahan harus                         rare, but if the changes occur must be
           ditentukan oleh manajemen senior Perusahaan                          determined by senior management of the
           sebagai akibat dari perubahan eksternal atau                         Company as a result of external or internal
           internal, signifikan terhadap operasional                            changing, significant to the Company’s
           Perusahaan, dan bisa dibuktikan pada pihak                           operational, and could be proven to external
           eksternal. Sejalan dengan hal tersebut,                              parties. In line with this, changes in the
           perubahan pada model bisnis Perusahaan                               business model of the Company will occur
           akan terjadi hanya jika Perusahaan memulai                           only if the Company starts and stops to
           dan berhenti untuk melaksanakan aktivitas                            carrying out significant activity to their
           yang signifikan terhadap kegiatan operasinya.                        operating activity.

           Berikut ini bukan merupakan perubahan dalam                          The following are not considered to be
           model bisnis:                                                        changes in the business model:
           a. Perubahan intensi berkaitan dengan aset                           a. Changes in intention related to certain
                keuangan tertentu (termasuk dalam                                   financial assets (including in conditions
                kondisi terjadi perubahan signifikan                                of significant changes to market
                terhadap kondisi pasar).                                            conditions).
           b. Hilangnya suatu pasar secara sementara                            b. Temporary disappearance of a market of
                untuk aset keuangan.                                                financial assets.
           c. Pengalihan aset keuangan antar bagian                             c. Transfer of financial assets between
                dari entitas dengan model bisnis yang                               parts of an entity with a different
                berbeda.                                                            business model.

     d.    Penurunan nilai aset keuangan                                  d.    Impairment of financial assets

           Pada setiap tanggal pelaporan, Perusahaan                            At each reporting date, the Company
           mengukur penyisihan kerugian penurunan                               measures the allowance of impairment
           nilai instrumen keuangan sejumlah kredit                             losses on financial instruments over their
           ekspektasian sepanjang umurnya, jika risiko                          lifetime expectancy, if the credit risk of the
           kredit atas instrumen keuangan tersebut telah                        financial     instrument       has     increased
           meningkat secara signifikan sejak pengakuan                          significantly since initial recognition. If at the
           awal. Jika pada tanggal pelaporan, risiko kredit                     reporting date, the credit risk of the financial
           atas instrumen keuangan tidak meningkat                              instrument has not increased significantly
           secara signifikan sejak pengakuan awal,                              since initial recognition, the entity measures
           entitas mengukur penyisihan kerugian untuk                           the allowance of impairment losses for the
           instrumen keuangan tersebut           sejumlah                       financial    instrument      in   the     amount
           kerugian ekspektasian 12 bulan. Kerugian                             of the expected 12-months loss. The
           dimaksud merepresentasikan kerugian kredit                           aforementioned losses represent Expected
           ekspektasian yang timbul dari peristiwa gagal                        Credit Losses (ECL) arising from financial
           bayar instrumen keuangan yang mungkin                                instrument defaults that may occur
           terjadi dalam 12 bulan setelah tanggal                               12 months after the reporting date.
           pelaporan.




                                                              25
Page 321
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                          As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
                  pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     d.    Penurunan nilai aset keuangan (lanjutan)                    d.    Impairment of financial assets (continued)

           Perusahaan menerapkan pendekatan tiga                             The Company apply a three-stages approach
           tahap berdasarkan kualitas kredit sejak awal                      based on the change in credit quality since
           pengakuan:                                                        initial recognition:

           -   Tahap 1                                                       -   Stage 1

               Tahap 1 ini termasuk aset keuangan yang                           Stage 1 includes financial assets which
               tidak memiliki peningkatan risiko kredit                          have not had a significant increase in
               signifikan sejak pengakuan awal atau                              credit risk since initial recognition or
               yang memiliki risiko kredit rendah saat                           which have low credit risk at reporting
               tanggal pelaporan. Kerugian kredit                                date. 12-months ECL is recognized.
               penurunan nilai 12 bulan diakui.

               Aset keuangan yang dikategorikan                                  Financial assets categorised as Stage 1
               sebagai Tahap 1 adalah aset keuangan                              is financial assets with days overdue
               dengan hari tunggakan kurang atau sama                            less or equal than 30 days.
               dengan 30 hari.

           -   Tahap 2                                                       -   Stage 2

               Tahap 2 ini termasuk aset keuangan yang                           Stage 2 includes financial assets which
               memiliki    peningkatan    risiko  kredit                         have had a significant increase in credit
               signifikan sejak pengakuan awal (kecuali                          risk since initial recognition (unless they
               memiliki risiko kredit yang rendah pada                           have low credit risk at the reporting date)
               tanggal pelaporan) namun tidak memiliki                           but do not have objective evidence of
               bukti obyektif penurunan nilai. Kerugian                          impairment. Lifetime ECL is recognized.
               kredit penurunan nilai sepanjang masa
               diakui.

               Aset keuangan yang dianggap telah                                 Financial     assets    considered    to
               mengalami peningkatan risiko kredit yang                          experience significant increase in credit
               signifikan dan dikategorikan sebagai                              risk and categorised as Stage 2 is
               Tahap 2 adalah aset keuangan dengan                               financial assets with days overdue 31-90
               hari tunggakan dari 31-90 hari.                                   days.

           -   Tahap 3                                                       -   Stage 3

               Tahap 3 ini termasuk aset keuangan yang                           Stage 3 includes financial assets that
               memiliki bukti objektif penurunan nilai                           have objective evidence of impairment at
               pada tanggal pelaporan. Kerugian kredit                           the reporting date. Lifetime ECL is
               penurunan nilai sepanjang masa diakui.                            recognized.

               Aset keuangan yang dikategorikan                                  Financial assets categorised as Stage 3
               sebagai Tahap 3 adalah aset keuangan                              is financial assets with days overdue
               dengan hari tunggakan lebih dari 90 hari.                         more than 90 days.




                                                           26
Page 322
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                           PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                                As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                          and for the Year Then Ended
                  pada Tanggal tersebut                                            (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                           unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                           2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                     POLICIES INFORMATION (continued)

     d.    Penurunan nilai aset keuangan (lanjutan)                          d.    Impairment of financial assets (continued)

           Perusahaan     mempertimbangkan        apakah                           The Company considers whether there is
           terdapat kenaikan risiko kredit yang signifikan                         a significant increase in credit risk
           (penilaian berdasarkan perubahan pada                                   (assessment based on changes in the
           kemungkinan gagal bayar terjadi) yaitu dengan                           probability of default) by comparing the initial
           membandingkan risiko kredit awal instrumen                              credit risk of financial instruments with the
           keuangan dengan risiko kredit tanggal                                   credit risk of the reporting date. If the
           pelaporan. Jika Perusahaan mengestimasi                                 Company         estimates     that    financial
           instrumen keuangan memiliki risiko kredit yang                          instruments have low credit risk at the
           rendah pada tanggal pelaporan, maka                                     reporting date, the Company assumes that
           Perusahaan mengasumsikan risiko kredit atas                             credit risk on financial instruments does not
           instrumen keuangan tidak meningkat secara                               increase significantly.
           signifikan.

           Tujuan dari persyaratan penurunan nilai adalah                          The purpose of the impairment requirements
           untuk mengakui kerugian kredit ekspektasian                             is to recognize expected credit losses over
           sepanjang umurnya atas semua instrumen                                  the life of all financial instruments that have
           keuangan yang telah mengalami peningkatan                               experienced a significant increase in credit
           risiko kredit secara signifikan sejak pengakuan                         risk since initial recognition - whether
           awal - baik dinilai secara individu atau kolektif -                     assessed individually or collectively - taking
           dengan mempertimbangkan semua informasi                                 into account all reasonable and supported
           yang wajar dan terdukung, termasuk informasi                            information, including estimated information
           yang bersifat perkiraan masa depan (forward-                            future (forward-looking).
           looking).

           Dalam beberapa keadaan, Perusahaan tidak                                In some circumstances, the Company does
           memiliki informasi yang wajar dan terdukung                             not have reasonable and supported
           yang tersedia tanpa biaya atau upaya                                    information available without fees or
           berlebihan untuk mengukur kerugian kredit                               excessive efforts to measure expected credit
           ekspektasian sepanjang umurnya pada                                     losses throughout its life on individual
           instrumen secara individual. Kerugian kredit                            instruments. Expected credit losses for the
           ekspektasian sepanjang umurnya diakui                                   entire lifetime are recognized collectively by
           secara kolektif dengan mempertimbangkan                                 considering comprehensive credit risk
           informasi risiko kredit komprehensif. Informasi                         information. The comprehensive credit risk
           risiko kredit komprehensif tersebut harus                               information must include not only arrears
           memasukan tidak hanya informasi tunggakan                               information but also all relevant credit
           tetapi juga seluruh informasi kredit relevan,                           information,      including      forward-looking
           termasuk informasi makroekonomi forward-                                macroeconomic information, to approach the
           looking, untuk mendekati hasil dari pengakuan                           outcome of recognizing expected credit
           kerugian kredit ekspektasian sepanjang                                  losses over the life of when there is
           umurnya ketika terdapat kenaikan signifikan                             a significant increase in credit risk since initial
           pada risiko kredit sejak pengakuan awal pada                            recognition at the level of individual
           level instrumen individu.                                               instruments.

           Cadangan kerugian penurunan nilai secara                                Allowance for impairment losses that was
           kolektif dihitung dengan menggunakan metode                             assessed collectively, the Company uses
           statistik dari data historis berupa probability of                      statistical method of the historical data such
           default di masa lalu, waktu pengembalian dan                            as the probability of defaults, time of
           jumlah kerugian yang terjadi (Loss Given                                recoveries, the amount of loss incurred (Loss
           Default) yang selanjutnya disesuaikan lagi                              Given Default), considering management’s
           dengan pertimbangan manajemen terkait                                   judgment of current economic and credit
           kondisi ekonomi dan kredit saat ini.                                    conditions.




                                                                 27
Page 323
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                              As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                        and for the Year Then Ended
                  pada Tanggal tersebut                                          (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                         unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                   POLICIES INFORMATION (continued)

     d.    Penurunan nilai aset keuangan (lanjutan)                        d.    Impairment of financial assets (continued)

           PSAK No. 109 mensyaratkan penyertaan                                  SFAS No. 109 requires inclusion of
           informasi tentang kejadian masa lalu, kondisi                         information about past events, current
           saat ini, dan perkiraan kondisi ekonomi masa                          conditions, and forecasts of future economic
           depan. Perkiraan perubahan dalam kerugian                             conditions. The estimates of changes in
           kredit yang diharapkan harus mencerminkan,                            expected credit losses should reflect, and be
           dan secara langsung konsisten dengan,                                 directionally consistent with, changes in
           perubahan dalam data terkait yang diobservasi                         related observable data from period to
           dari periode ke periode. Perhitungan ECL ini                          period. The calculation of ECL requires
           membutuhkan estimasi forward looking dari                             estimation of forward looking Probability of
           Probability of Default (PD), Loss Given Default                       Default (PD), Loss Given Default (LGD), and
           (LGD), dan Exposure At Default (EAD).                                 Exposure At Default (EAD).

           Cadangan kerugian penurunan nilai atas                                Allowance for impairment              losses     on
           piutang murabahah                                                     murabahah receivables

           Berdasarkan Interpretasi Standar Akuntansi                            In accordance with Interpretation of Financial
           Keuangan No. 402, “Penurunan Nilai Piutang                            Accounting Standard No. 402, “Impairment of
           Murabahah”, PSAK No. 109 tidak diterapkan                             Murabahah Receivables”, SFAS No. 109 is
           untuk penurunan nilai dari aset-aset yang                             not applied to impairment of assets from
           berasal dari transaksi berbasis syariah.                              sharia based transactions.

           Pada setiap tanggal laporan posisi keuangan,                          At each date of the statement of financial
           Perusahaan mengevaluasi apakah terdapat                               position, the Company assesses whether
           bukti obyektif bahwa piutang murabahah telah                          there is objective evidence that murabahah
           mengalami       penurunan    nilai.  Piutang                          receivables are impaired. Murabahah
           murabahah mengalami penurunan nilai jika                              receivables are impaired when objective
           bukti obyektif menunjukkan bahwa peristiwa                            evidence demonstrates that loss event has
           yang merugikan telah terjadi setelah                                  occurred after the initial recognition and the
           pengakuan awal dan peristiwa tersebut                                 loss event has an impact on the future cash
           berdampak pada arus kas masa datang yang                              flows that can be estimated reliably.
           dapat diestimasi secara handal.

           Perusahaan mengevaluasi penurunan nilai                               The Company assessed the impairment of
           piutang murabahah secara kolektif. Cadangan                           murabahah receivables on collective basis.
           kerugian penurunan nilai atas piutang                                 Calculation of allowance for impairment
           murabahah yang dinilai secara kolektif dihitung                       losses of murabahah receivables are
           berdasarkan pengalaman kerugian historis.                             collectively evaluated on the basis of
           Pengalaman kerugian historis disesuaikan                              historical loss experience. Historical loss
           menggunakan dasar data yang dapat                                     experience is adjusted on the basis of current
           diobservasi untuk mencerminkan efek dari                              observable data to reflect the effects of
           kondisi saat ini terhadap Perusahaan. Piutang                         current conditions affecting the Company.
           murabahah         dikelompokkan     berdasarkan                       Murabahah receivables are grouped on the
           karakteristik risiko kredit yang sama antara lain                     basis of similar credit risk characteristics by
           dengan       mempertimbangkan         tunggakan                       considering, among others, past due status
           debitur. Perhitungan penurunan nilai ini                              of the debtors. The calculation of impairment
           membutuhkan estimasi Probability of Default,                          losses requires estimation of Probability of
           Loss Given Default, dan Exposure At Default.                          Default, Loss Given Default, and Exposure
                                                                                 At Default.




                                                               28
Page 324
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                            As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                      and for the Year Then Ended
                  pada Tanggal tersebut                                        (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     d.    Penurunan nilai aset keuangan (lanjutan)                      d.    Impairment of financial assets (continued)

           Nilai tercatat aset tersebut diturunkan melalui                     The carrying amount of the asset is reduced
           akun cadangan dan jumlah kerugian yang                              through the use of an allowance account and
           terjadi diakui pada laba rugi. Pendapatan                           the amount of the loss is recognized in the
           bunga terus diakui atas nilai tercatat yang                         profit or loss. Interest income continues to be
           menurun tersebut berdasarkan suku bunga                             accrued on the reduced carrying amount
           efektif awal dari aset. Jika pada periode                           based on the original effective interest rate of
           berikutnya,     jumlah    estimasi     kerugian                     the asset. If in a subsequent period, the
           penurunan nilai meningkat atau menurun                              amount of the estimated impairment loss
           karena peristiwa yang terjadi setelah                               increases or decreases because of an event
           pengakuan kerugian penurunan nilai, maka                            occurring after the impairment was
           kerugian penurunan nilai yang sudah diakui                          recognized, the previously recognized
           sebelumnya dinaikkan atau diturunkan dengan                         impairment loss is increased or reduced by
           menyesuaikan akun cadangan.                                         adjusting the allowance account.

           Jika penghapusan di masa datang kemudian                            If a future write off is recovered, the recovery
           diperoleh kembali, pemulihan tersebut diakui                        is recognized as others income in the
           sebagai pendapatan lain-lain pada laporan                           statement of profit or loss and other
           laba rugi dan penghasilan komprehensif lain.                        comprehensive income.

     e.    Pengukuran nilai wajar                                        e.    Fair value measurement

           Nilai wajar adalah harga yang akan diterima                         Fair value is the price that would be received
           untuk menjual suatu aset atau harga yang                            to sell an asset or paid to transfer a liability in
           akan dibayar untuk mengalihkan suatu liabilitas                     orderly     transaction     between       market
           dalam transaksi teratur antara pelaku pasar                         participants at the measurement date under
           pada tanggal pengukuran dengan kondisi                              current market conditions.
           pasar saat ini.

           Perusahaan menggunakan teknik penilaian                             The Company uses valuation techniques
           yang sesuai dengan keadaan dan dimana data                          appropriate in the circumstances and for
           yang memadai tersedia untuk mengukur nilai                          which sufficient data are available to
           wajar, memaksimalkan penggunaan input yang                          measure fair value, maximizing the use of
           dapat    diobservasi  yang   relevan   dan                          relevant observable inputs and minimizing
           meminimalkan penggunaan input yang tidak                            the use of unobservable inputs.
           dapat diobservasi.

            Perusahaan menggunakan hirarki berikut                             The Company adopts the following hierarchy
            untuk menentukan dan mengungkapkan nilai                           for determining and disclosing the fair value
            wajar dari instrumen keuangan:                                     of financial instruments by valuation
                                                                               technique:

           1. Tingkat 1: dikutip (tidak dapat disesuaikan)                     1. Level 1: quoted (unadjusted) prices in
              dari harga pasar aktif untuk aset dan                               active markets for identical assets or
              liabilitas keuangan yang identik;                                   liabilities;

           2. Tingkat 2: teknik lain dimana semua input                        2. Level 2: other techniques for which all
              yang memiliki efek signifikan dalam                                 inputs which have a significant effect on
              pencatatan nilai wajar, dapat diobservasi                           the recorded fair value are observable,
              baik secara langsung maupun tidak                                   either directly or indirectly; and
              langsung; dan

           3. Tingkat 3: teknik lain dimana menggunakan                        3. Level 3: other techniques which use inputs
              input, yang memiliki efek signifikan dalam                          which have significant effect on the
              pencatatan nilai wajar, tidak berdasarkan                           recorded fair value that are not based on
              pada data yang diobservasi di pasar.                                observable market data.

                                                             29
Page 325
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                           As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
                  pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     f.    Kas dan bank                                                 f.    Cash and banks

           Kas dan bank terdiri dari kas dan bank yang                        Cash and banks consist of cash on hand,
           tidak digunakan sebagai jaminan atas utang                         cash in banks which are not used as
           serta tidak dibatasi penggunaannya.                                collateral for loans nor restricted.

           Pada setiap tanggal pelaporan, Perusahaan                          At each reporting date, the Company
           mengukur     penyisihan  kerugian    kredit                        measures allowance for expected credit
           ekspektasian    menggunakan     metodologi                         losses using impairment methodology as
           penurunan nilai sebagaimana diungkapkan                            disclosed in Note 2d.
           dalam Catatan 2d.

     g.    Piutang pembiayaan konsumen, piutang                         g.    Consumer        financing    receivables,
           pembiayaan murabahah dan cadangan                                  murabahah financing receivables and
           kerugian penurunan nilai                                           allowance for impairment losses

           Piutang pembiayaan konsumen merupakan                              Consumer       financing    receivables      are
           total piutang setelah dikurangi dengan bagian                      presenting net of amounts financed by banks
           yang dibiayai bank-bank sehubungan dengan                          relating to the transactions in the form of joint
           transaksi pembiayaan bersama, pendapatan                           financing, unearned consumer financing
           pembiayaan konsumen yang belum diakui dan                          income and allowance for impairment losses.
           cadangan kerugian penurunan nilai.

           Berdasarkan perjanjian pembiayaan bersama                          Based on the consumer joint financing
           konsumen tanpa jaminan (without recourse),                         agreements (without recourse), the Company
           Perusahaan hanya menyajikan porsi total                            only presents the portion of the total
           angsuran piutang yang dibiayai Perusahaan                          installments receivable financing by the
           (pendekatan neto). Pendapatan pembiayaan                           Company (net approach). The consumer
           konsumen disajikan setelah dikurangi dengan                        financing income is presented net of amounts
           bagian yang merupakan hak bank-bank dalam                          of the banks’ rights on such income relating
           rangka transaksi tersebut. Untuk piutang                           to the transactions. For consumer financing
           pembiayaan konsumen merupakan seluruh                              receivables    represent    all     consumers’
           total angsuran dari pelanggan, dan kredit yang                     installments, and the total facilities financed
           disalurkan oleh penyedia dana dicatat sebagai                      by creditors are recorded as liability (gross
           liabilitas (pendekatan bruto).                                     approach).

           Dalam      pembiayaan    bersama       antara                      In joint financing arrangements between the
           Perusahaan dan penyedia fasilitas pembiayaan                       Company and the joint financing facility
           bersama, Perusahaan berhak menentukan                              provider, the Company has the right to set
           tingkat suku bunga yang lebih tinggi kepada                        higher interest rates to the consumers than
           konsumen dibandingkan tingkat suku bunga                           the interest rates stated in the joint financing
           yang ditetapkan dalam perjanjian pembiayaan                        agreement with the joint financing facility
           bersama      dengan    penyedia      fasilitas                     provider.
           pembiayaan bersama.




                                                            30
Page 326
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                               As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                         and for the Year Then Ended
              pada Tanggal tersebut                                           (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                          unless otherwise stated)
             kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     g.   Piutang pembiayaan konsumen, piutang                          g.    Consumer      financing    receivables,
          pembiayaan murabahah dan cadangan                                   murabahah financing receivables and
          kerugian penurunan nilai (lanjutan)                                 allowance   for    impairment    losses
                                                                              (continued)

          Bunga yang dikenakan kepada pelanggan dan                           Total interest earned from customers and
          bunga yang dikenakan penyedia dana dicatat                          interest charged by the creditors is recorded
          sebagai bagian dari pendapatan pembiayaan                           recorded as a part of consumer financing
          konsumen – neto.                                                    income - net.

          Termasuk     dalam     piutang     pembiayaan                       Included in consumer financing receivables
          konsumen     adalah    piutang     pembiayaan                       are murabahah financing receivables.
          murabahah. Murabahah adalah akad jual beli                          Murabahah is goods sell-buy contract with
          barang dengan harga jual sebesar biaya                              a selling price amounting to the acquisition
          perolehan    ditambah      keuntungan    yang                       cost plus agreed margin and the Company
          disepakati     dan      Perusahaan      harus                       must disclose the acquisition cost to the
          mengungkapkan biaya perolehan barang                                consumer. When the murabahah contract is
          tersebut kepada konsumen. Pada saat akad                            signed, murabahah financing receivables are
          murabahah, piutang pembiayaan murabahah                             recognized as at acquisition cost plus agreed
          diakui sebesar biaya perolehan ditambah                             margin. Murabahah margin is recognized
          keuntungan (margin). Keuntungan murabahah                           over the period of the contract based on
          diakui selama periode akad berdasarkan                              agreed margin of the murabahah financing
          margin yang disetujui dari piutang pembiayaan                       receivables.
          murabahah.

          Akad murabahah secara substansi merupakan                           Substantially,  murabahah     contract     is
          suatu pembiayaan, sehingga pengakuan                                a financing, so that margin recognition is
          margin dilakukan berdasarkan standar yang                           based on standards which regulate financing,
          mengatur     pembiayaan,     seperti  yang                          as mentioned in consumer financing policy.
          disebutkan    di   kebijakan    pembiayaan
          konsumen.

          Pengakuan atas pendapatan pembiayaan                                Unearned income on consumer financing is
          konsumen yang belum diakui adalah sesuai                            recognized as income over the term of the
          dengan jangka waktu kontrak pembiayaan                              respective agreement based on the effective
          konsumen berdasarkan tingkat suku bunga                             interest rate.
          efektif.

          Selisih neto antara pendapatan administrasi                         The      net    difference   between      the
          yang diperoleh dari konsumen pada saat                              administration income earned from the
          pertama kali perjanjian pembiayaan konsumen                         consumer at the first time the financing
          ditandatangani dan biaya-biaya yang timbul                          agreement is signed and initial direct costs
          pertama kali yang terkait langsung dengan                           related to consumer financing facility is
          kredit pembiayaan konsumen ditangguhkan                             deferred and presented as part of “Consumer
          dan disajikan sebagai bagian dari “Piutang                          Financing Receivables” in the statement of
          Pembiayaan Konsumen” pada laporan posisi                            financial position and recognized as an
          keuangan dan diakui sebagai penyesuaian                             adjustment to the yield received throughout
          atas imbal hasil selama periode pembiayaan                          the consumer financing period using effective
          konsumen berdasarkan tingkat suku bunga                             interest rate method and presented as a part
          efektif dan disajikan sebagai bagian dari                           of “Consumer Financing Income” in the
          “Pendapatan Pembiayaan Konsumen” pada                               statement of profit or loss and other
          laporan    laba    rugi    dan      penghasilan                     comprehensive income for the current period.
          komprehensif lain periode berjalan.




                                                            31
Page 327
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                               As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                         and for the Year Then Ended
              pada Tanggal tersebut                                           (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                          unless otherwise stated)
             kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     g.   Piutang pembiayaan konsumen, piutang                          g.    Consumer      financing    receivables,
          pembiayaan murabahah dan cadangan                                   murabahah financing receivables and
          kerugian penurunan nilai (lanjutan)                                 allowance   for    impairment    losses
                                                                              (continued)

          Pada setiap tanggal pelaporan, Perusahaan                           At each reporting date, the Company
          mengukur     penyisihan  kerugian    kredit                         measures allowance for expected credit
          ekspektasian    menggunakan     metodologi                          losses using impairment methodology as
          penurunan nilai sebagaimana diungkapkan                             disclosed in Note 2d.
          dalam Catatan 2d.

          Piutang yang tak tertagih dihapuskan                                Receivables are written off when they are
          berdasarkan evaluasi manajemen Perusahaan                           deemed to be uncollectible based on
          dan setelah menunggak lebih dari 180 hari.                          Company’s management evaluation and
          Penerimaan    dari   piutang  yang   telah                          when they are overdue for more than 180
          dihapusbukukan diakui sebagai pendapatan                            days. Recoveries of receivables previously
          lain-lain.                                                          written off are recognized as other income.

     h.   Piutang sewa pembiayaan                                       h.    Finance lease receivables

          Suatu sewa diklasifikasikan sebagai sewa                            Leases are classified as finance leases if the
          pembiayaan jika sewa tersebut mengalihkan                           leases transfer substantially all the risks and
          secara substansial seluruh risiko dan manfaat                       rewards incidental to ownership of the leased
          yang terkait dengan kepemilikan aset. Suatu                         assets. Leases are classified as operating
          sewa diklasifikasikan sebagai sewa operasi jika                     leases if the leases do not transfer
          sewa tidak mengalihkan secara substansial                           substantially all the risks and rewards
          seluruh risiko dan manfaat yang terkait dengan                      incidental to ownership of the leased assets.
          kepemilikan aset.

          Perusahaan mengakui aset berupa piutang                             The Company recognized assets held under
          sewa pembiayaan di laporan posisi keuangan                          finance leases in its statement of financial
          sebesar jumlah yang sama dengan investasi                           position and present 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. Lease payment receivable is treated
          penghasilan sewa pembiayaan. Pengakuan                              as repayment of principal and financing lease
          penghasilan sewa pembiayaan didasarkan                              income. The recognition of financing lease
          pada suatu pola yang mencerminkan suatu                             income is based on a pattern reflecting
          tingkat pengembalian periodik yang konstan                          a constant periodic rate of return on the
          atas investasi neto Perusahaan sebagai lessor                       Company’s net financial lease financing.
          dalam sewa pembiayaan.

          Pada setiap tanggal pelaporan, Perusahaan                           At each reporting date, the Company
          mengukur     penyisihan  kerugian    kredit                         measures allowance for expected credit
          ekspektasian    menggunakan     metodologi                          losses using impairment methodology as
          penurunan nilai sebagaimana diungkapkan                             disclosed in Note 2d.
          dalam Catatan 2d.

          Piutang yang tak tertagih dihapuskan                                Receivables are written off when they are
          berdasarkan evaluasi manajemen Perusahaan                           deemed to be uncollectible based on
          dan setelah menunggak lebih dari 180 hari.                          Company’s management evaluation and
          Penerimaan    dari   piutang  yang   telah                          when they are overdue for more than 180
          dihapusbukukan diakui sebagai pendapatan                            days. Recoveries of receivables previously
          lain-lain.                                                          written off are recognized as other income.




                                                            32
Page 328
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                          As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
                  pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)
     i.    Piutang ijarah dan aset diperoleh untuk                     i.    Ijarah receivables and assets acquired for
           ijarah                                                            ijarah
           Piutang ijarah merupakan tagihan yang timbul                      Ijarah receivables represent claims arising
           atas transaksi perjanjian murabahah ijarah                        based on murabahah ijarah munthahiyah
           munthahiyah bittamlik (IMBT). IMBT adalah                         bittamlik agreement (IMBT). IMBT is an
           perjanjian atas ketersediaan dana terkait                         agreement on the availability of fund in
           dengan pengalihan hak guna dan manfaat atas                       relation to transferring the use right and
           barang atau jasa berdasarkan transaksi sewa                       benefit of a good or service based on rental
           dengan opsi pengalihan kepemilikan atas                           transactions with an option to transfer the
           barang kepada lessee.                                             ownership title of goods to the lessee.

           Kepemilikan atas objek sewa dalam ijarah                          The title of the lease object in ijarah
           munthahiyah bittamlik dapat dialihkan kepada                      munthahiyah bittamlik can be transferred to
           lessee melalui:                                                   the lessee through:

           i. Hibah;                                                         i. A grant;
           ii. Penjualan sebelum akhir masa kontrak                          ii. Sale prior to the end of the contract for an
                dengan nilai setara dengan sisa cicilan                           amount equivalent to the remaining lease
                sewa;                                                             installments;
           iii. Penjualan sebelum akhir masa kontrak                         iii. Sale prior to the end of the contract at
                dengan jumlah tertentu yang telah                                 a specified amount as agreed at the
                disepakati pada awal kontrak; dan                                 inception of the contract; and
           iv. Penjualan angsuran dengan harga tertentu                      iv. Installment sales at a specific price as
                yang telah disetujui dalam kontrak.                               agreed in the contract.

           Piutang ijarah diakui pada saat jatuh tempo                       Ijarah receivables is recognized at due date
           sebesar pendapatan sewa yang belum diterima                       at the amount of lease income not yet
           dan disajikan sebesar nilai bersih yang dapat                     received and presented at its net realizable
           direalisasikan, yang merupakan saldo piutang.                     value, which is the outstanding balance of
                                                                             the receivables.
           Aset diperoleh untuk ijarah merupakan aset                        Assets acquired for ijarah represents assets
           yang merupakan objek transaksi sewa (ijarah)                      that are object of lease transactions (ijarah)
           dan yang dinyatakan sebesar harga perolehan.                      and are recognized at the acquisition cost.
           Aset diperoleh untuk ijarah didepresiasikan                       The assets in an ijarah transaction are
           berdasarkan kebijakan depresiasi atas aset                        depreciated based on the depreciation policy
           yang sejenis dan didepresiasikan selama masa                      for similar assets and depreciated over the
           sewa dengan estimasi masa manfaat antara 2                        lease period with estimated useful lives
           (dua) sampai dengan 5 (lima) tahun.                               ranging from 2 (two) to 5 (five) years.
           Aset diperoleh untuk ijarah dicatat sebesar                       Assets acquired for ijarah are presented at
           harga    perolehan   dikurangi    akumulasi                       the acquisition cost less accumulated
           penyusutan.                                                       depreciation.
     j.    Investasi dalam saham                                       j.    Investment in shares

           Pernyataan dalam saham terdiri dari investasi                     Investment in shares consist of related
           saham     pada   pihak  berelasi      dengan                      party’s share investment with ownership less
           kepemilikan kurang dari 20% (dua puluh                            than 20% (twenty percent).
           persen).

     k.    Beban dibayar dimuka                                        k.    Prepaid expenses

           Beban dibayar dimuka diamortisasi selama                          Prepaid expenses are amortized over the
           masa manfaat masing-masing beban dengan                           periods of each expense benefit using the
           metode garis lurus.                                               straight-line method.


                                                           33
Page 329
                                                                           The original financial statements included herein are in the
                                                                                                                 Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                           PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                                As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                          and for the Year Then Ended
                  pada Tanggal tersebut                                            (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                           unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                           2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                     POLICIES INFORMATION (continued)

     l.    Aset tetap dan Aset hak-guna                                      l.    Fixed assets and Right-of-use assets

           Aset tetap                                                              Fixed assets

           Aset tetap pada awalnya dinyatakan sebesar                              Fixed assets are initially stated at acquisition
           harga perolehan. Setelah pengukuran awal,                               cost. After initial measurement, fixed assets
           aset tetap diukur dengan model biaya. Aset                              are measured using the cost model. Fixed
           tetap dicatat pada harga perolehan dikurangi                            assets are carried at its cost less
           akumulasi penyusutan dan rugi penurunan                                 accumulated depreciation and impairment
           nilai. Biaya perolehan termasuk biaya                                   losses. Such acquisition cost includes the
           penggantian bagian aset tetap saat biaya                                cost of replacing part of the fixed assets
           tersebut terjadi, jika memenuhi kriteria                                when that cost is incurred, if the recognition
           pengakuan. Selanjutnya, pada saat inspeksi                              criteria are met. Likewise, when a major
           yang signifikan dilakukan, biaya inspeksi itu                           inspection is performed, its cost is
           diakui ke dalam jumlah tercatat (carrying                               recognized in the carrying amount of the
           amount) aset tetap sebagai suatu penggantian                            fixed assets as a replacement if the
           jika memenuhi kriteria pengakuan. Semua                                 recognition criteria are satisfied. All other
           biaya perbaikan dan pemeliharaan yang tidak                             repairs and maintenance costs that do not
           memenuhi kriteria pengakuan diakui sebagai                              meet the recognition criteria are recognized
           laba rugi pada saat terjadinya.                                         in the profit or loss as incurred.

           Penyusutan aset tetap dimulai pada saat aset                            Depreciation of fixed asset starts when it is
           tetap tersebut siap untuk digunakan sesuai                              available for use and is computed using the
           maksud penggunaannya dan dihitung dengan                                double declining balance method except for
           menggunakan metode saldo menurun kecuali                                building using the straight-line method based
           untuk bangunan menggunakan metode garis                                 on the estimated useful lives of the assets as
           lurus berdasarkan estimasi masa manfaat                                 follows:
           sebagai berikut:

                                                        Tahun/Years

           Bangunan                                              20                                                          Buildings

           Prasarana gedung                                      8                                           Building improvement
           Peralatan kantor                                      4                                                Office equipment
           Komputer dan elektronik                               8                                         Computer and electronic
           Inventaris kantor                                     8                                            Furniture and fixture
           Kendaraan bermotor                                    8                                                         Vehicles

           Apabila aset tetap dihentikan pengakuannya                              When assets are derecognized (retired or
           (tidak dipergunakan lagi atau dijual), biaya                            otherwise disposed of), their costs and the
           perolehan beserta akumulasi penyusutan yang                             related accumulated depreciation are
           terkait dikeluarkan dari kelompok aset tetap                            removed from the accounts and any resulting
           yang bersangkutan dan keuntungan atau                                   gains or losses are recognized as profit or
           kerugian yang timbul diakui sebagai laba atau                           loss for the period.
           rugi periode berjalan.

           Pada setiap akhir periode pelaporan, nilai                              At the reporting date, the assets residual
           residu, umur manfaat, dan metode penyusutan                             values, useful lives, and methods of
           dikaji ulang dan disesuaikan secara prospektif                          depreciation are reviewed and adjusted
           jika diperlukan.                                                        prospectively if appropriate.




                                                            34
Page 330
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                            As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                      and for the Year Then Ended
                  pada Tanggal tersebut                                        (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     l.    Aset tetap dan Aset hak-guna (lanjutan)                       l.    Fixed assets and Right-of-use assets
                                                                               (continued)

           Aset hak-guna                                                       Right-of-use assets

           PSAK No. 116 memperkenalkan model                                   SFAS No. 116 introduces a single lessee
           akuntansi penyewa tunggal dan mensyaratkan                          accounting model and requires a lessee to
           penyewa untuk mengakui aset dan liabilitas                          recognize assets and liabilities for all leases
           untuk semua sewa dengan pengecualian sewa                           with the exemptions of short-term leases and
           jangka pendek dan aset dengan nilai rendah.                         the underlying asset is of low value. A lessee
           Penyewa diharuskan untuk mengakui aset                              is required to recognize a right-of-use asset
           hak-guna yang mewakili haknya untuk                                 representing its right to use the underlying
           menggunakan aset sewaan dan liabilitas sewa                         leased asset and a lease liability
           yang mewakili kewajibannya untuk melakukan                          representing its obligation to make lease
           pembayaran sewa. PSAK No. 116 secara                                payments. SFAS No. 116 substantially
           substansial masih menggunakan persyaratan                           carries forward the lessor accounting
           akuntansi atas pesewa (lessor) sesuai PSAK                          requirements in SFAS No. 30, “Leases”.
           No. 30, “Sewa”. Oleh karena itu, pesewa masih                       Accordingly, a lessor continues to classify its
           akan menggunakan klasifikasi sewa dalam                             leases as operating leases or finance leases,
           sewa operasi atau pembiayaan, dan perlakuan                         and to account for those two types of leases
           atas kedua tipe sewa tersebut.                                      differently.

           Dampak penerapan PSAK No. 116 adalah                                The impact of SFAS No. 116 at the Company
           Perusahaan sebagai penyewa atas kontrak                             is where the Company is a lessee in property
           sewa properti.                                                      lease contracts.

           Beban keuangan dicatat dalam laporan laba                           Finance expense is recorded in the
           rugi. Aset sewa disusutkan selama jangka                            statement of profit or loss. Leased assets are
           waktu yang lebih pendek antara umur manfaat                         depreciated over the shorter of the estimated
           aset sewa dan periode masa sewa, jika tidak                         useful life of the assets and the lease term, if
           ada kepastian yang memadai bahwa                                    there is no reasonable certainty that the
           Perusahaan      akan    mendapatkan     hak                         Company will obtain ownership by the end of
           kepemilikan pada akhir masa sewa.                                   the lease term.

     m. Penurunan nilai aset non-keuangan                                m. Impairment of non-financial assets

           Suatu aset mengalami penurunan nilai jika nilai                     Assets are considered impaired when the
           tercatat aset lebih besar daripada nilai yang                       carrying value of assets exceeded the
           dapat dipulihkan. Nilai tercatat dari aset non-                     recoverable amount. The carrying amount of
           keuangan, kecuali aset pajak tangguhan dan                          non-financial assets, except for deferred tax
           beban dibayar dimuka dan uang muka,                                 assets and prepaid expenses and advance
           ditelaah setiap periode, untuk menentukan                           payment are reviewed each period to
           apakah terdapat indikasi penurunan nilai. Jika                      determine whether there is any indication of
           terdapat indikasi penurunan nilai, maka                             impairment. If such indication exists the
           Perusahaan akan melakukan estimasi jumlah                           assets’ recoverable amount is estimated.
           nilai yang dapat dipulihkan.




                                                             35
Page 331
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                           As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
                  pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     n.    Biaya penerbitan emisi obligasi                              n.    Bonds issuance costs

           Biaya-biaya yang terjadi sehubungan dengan                         Costs incurred relating to the bonds issuance
           penerbitan obligasi dicatat sebagai pengurang                      are presented as deduction from the
           terhadap hasil penerbitan dan diamortisasi                         issuance proceeds and amortized using the
           dengan menggunakan suku bunga efektif                              effective interest rate over the term of the
           selama jangka waktu obligasi (Catatan 2c).                         bonds (Note 2c).

     o.    Provisi                                                      o.    Provisions

           Provisi diakui jika Perusahaan memiliki                            Provisions are recognized when the
           kewajiban kini (baik bersifat hukum maupun                         Company has a present obligation (legal or
           bersifat konstruktif) sebagai akibat peristiwa                     constructive) as a result of a past event, it is
           masa lalu yang besar kemungkinannya                                probable that an outflow of resources
           penyelesaian          kewajiban       tersebut                     embodying economic benefits will be
           mengakibatkan arus keluar sumber daya yang                         required to settle the obligation and a reliable
           mengandung manfaat ekonomi dan estimasi                            estimate can be made of the amount of the
           yang andal mengenai jumlah kewajiban                               obligation.
           tersebut dapat dibuat.

           Provisi ditelaah pada setiap akhir periode                         Provisions are reviewed at each reporting
           pelaporan       dan   disesuaikan       untuk                      date and adjusted to reflect the current best
           mencerminkan estimasi kini terbaik. Jika tidak                     estimate. If it is no longer probable that an
           terdapat kemungkinan arus keluar sumber                            outflow of resources embodying economic
           daya yang mengandung manfaat ekonomi                               benefits will be required to settle the
           untuk menyelesaikan kewajiban tersebut,                            obligation, the provision is reversed.
           provisi dipulihkan.

     p.    Pengakuan pendapatan dan beban                               p.    Revenue and expense recognition

           Pendapatan        pembiayaan   konsumen,                           Consumer financing income, finance leases
           pendapatan sewa pembiayaan, pendapatan                             income, income from rent - ijarah, interest
           sewa ijarah, pendapatan bunga, dan beban                           income, and interest expenses are
           bunga diakui dengan menggunakan metode                             recognized using the effective interest
           suku bunga efektif.                                                method.
           Biaya emisi pinjaman dan efek utang yang                           Issuance cost of borrowings and debt
           diterbitkan ditangguhkan dan diamortisasi                          securities issued are deferred and amortized
           selama jangka waktu pinjaman dan efek utang                        over the terms of the related borrowings and
           tersebut dengan menggunakan metode suku                            debt securities using the effective interest
           bunga efektif dan dicatat sebagai bagian dari                      method and are recorded as part of financing
           beban pendanaan.                                                   expense.
           Perhitungan suku bunga efektif mencakup                            The calculation of the effective interest rate
           seluruh fees dan bentuk lain yang dibayarkan                       includes all fees and points paid or received
           atau diterima yang merupakan bagian tak                            that are an integral part of the effective
           terpisahkan dari suku bunga efektif, termasuk                      interest rate, including transaction costs.
           biaya transaksi.
           Pendapatan dan beban yang timbul untuk                             Revenue and expense associated with
           piutang pembiayaan konsumen dan sewa                               consumer financing and finance lease
           pembiayaan diamortisasi dengan suku bunga                          receivable are amortized using the effective
           efektif dan dibukukan sebagai pendapatan                           interest rate and recorded as part of
           pembiayaan konsumen dan sewa pembiayaan                            consumer financing and finance lease
           pada laporan laba rugi dan penghasilan                             income in the current period statement of
           komprehensif lain periode berjalan.                                profit or loss and other comprehensive
                                                                              income.



                                                            36
Page 332
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                               As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                         and for the Year Then Ended
                  pada Tanggal tersebut                                           (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                          unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                    POLICIES INFORMATION (continued)
     p.    Pengakuan       pendapatan       dan     beban                   p.    Revenue     and        expense       recognition
           (lanjutan)                                                             (continued)
           Pendapatan     denda  keterlambatan    dan                             Late charges and penalty income and gain
           keuntungan penghentian kontrak diakui pada                             from contract termination are recognized
           saat diterima.                                                         when received.
           Pendapatan bunga dari bank merupakan                                   Interest income from banks represents
           pendapatan yang diperoleh Perusahaan atas                              income obtained by the Company from its
           penempatan giro dan deposito di bank yang                              placement of current account and time
           diakui pada saat diperoleh atau saat terjadinya.                       deposits in banks which is recognized when
                                                                                  earned or incurred.
           Beban lainnya diakui pada saat terjadinya.                             Other expenses         are    recognized     when
                                                                                  incurred.

     q.    Transaksi dan saldo dalam mata uang asing                        q.    Foreign currency             transactions      and
                                                                                  balances
           Transaksi dalam mata uang asing dicatat                                Transactions involving foreign currencies are
           dalam Rupiah berdasarkan kurs yang berlaku                             recorded in Indonesian Rupiah at the rates of
           pada saat transaksi dilakukan. Pada tanggal                            exchange prevailing at the time the
           pelaporan, aset dan liabilitas moneter dalam                           transactions are made. At the reporting date,
           mata uang asing dijabarkan sesuai dengan                               monetary assets and liabilities denominated
           rata-rata kurs jual dan beli yang diterbitkan                          in foreign currencies are adjusted to reflect
           oleh Bank Indonesia pada tanggal transaksi                             the average of the selling and buying rates of
           perbankan terakhir untuk tahun yang                                    exchange prevailing at the last banking
           bersangkutan dan laba atau rugi kurs yang                              transaction date of the year, as published by
           timbul, dikreditkan atau dibebankan pada                               Bank Indonesia and any resulting gains or
           operasi periode kini.                                                  losses are credited or charged to operations
                                                                                  of the current period.

                                               31 Desember/          31 Desember/
                                             December 31, 2024     December 31, 2023

           1 Dolar Amerika Serikat (USD)                                                                1 United States Dollar (USD)
                (nilai penuh)                            16.162                    15.416                             (full amount)
     r.    Pajak penghasilan                                                r.    Income tax
           Pajak Final                                                            Final Tax
           Peraturan perpajakan di Indonesia mengatur                             Tax regulation in Indonesia determined that
           beberapa jenis penghasilan dikenakan pajak                             certain taxable income is subject to final tax.
           yang bersifat final. Pajak final yang dikenakan                        Final tax applied to the gross value of
           atas nilai bruto transaksi tetap dikenakan                             transactions is applied even when the parties
           walaupun atas transaksi tersebut pelaku                                carrying the transaction recognizing losses.
           transaksi mengalami kerugian.
           Perusahaan menyajikan beban pajak final                                The Company present all of the final tax
           sehubungan dengan pendapatan bunga dari                                arising from interest income from cash in
           kas di bank dan deposito berjangka sebagai                             banks and time deposits as separate line
           pos tersendiri.                                                        item.

           Pajak Kini                                                             Current Tax
           Aset dan liabilitas pajak kini untuk tahun                             Current income tax assets and liabilities for
           berjalan diukur sebesar jumlah yang                                    the current period are measured at the
           diharapkan dapat direstitusi dari atau                                 amount expected to be recovered from or
           dibayarkan kepada otoritas perpajakan.                                 paid to the taxation authority.


                                                              37
Page 333
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                           As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
                  pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)
     r.    Pajak Penghasilan (lanjutan)                                 r.    Income Tax (continued)

           Pajak Kini (lanjutan)                                              Current Tax (continued)
           Beban pajak kini ditentukan berdasarkan laba                       Current tax expense is determined based on
           kena pajak tahun berjalan yang dihitung                            the taxable profit for the year computed using
           berdasarkan tarif pajak yang berlaku.                              the prevailing tax rates.
           Kekurangan/kelebihan pembayaran          pajak                     Underpayment/overpayment of income tax
           penghasilan dicatat sebagai bagian dari                            are presented as part of “Tax Expense -
           “Beban Pajak Kini” dalam laporan laba rugi dan                     Current” in the statements of profit or loss
           penghasilan komprehensif lain. Perusahaan                          and other comprehensive income. The
           juga menyajikan bunga/denda, jika ada,                             Company also presented interest/penalty, if
           sebagai bagian dari “Beban Pajak Kini”.                            any, as part of “Tax Expense - Current”
                                                                              prevailing tax rates.
           Koreksi terhadap liabilitas perpajakan dicatat                     Amendments to taxation obligations are
           pada saat diterimanya surat ketetapan pajak,                       recorded when an assessment letter is
           atau apabila diajukan permohonan keberatan                         received or objection or appeal is submitted,
           atau banding, ketika hasil keberatan atau                          or the result of the objection or appeal has
           banding sudah ditetapkan, kecuali jika ada                         been determined, unless there is significant
           ketidakpastian yang signifikan mengenai hasil                      uncertainty as to the outcome of such
           dari banding tersebut, di mana dampak dari                         appeal, in which event the impact of the
           amandemen kewajiban pajak berdasarkan                              amendment of tax obligations based on an
           ketetapan pajak tersebut diakui pada saat                          assessment is recognized at the time of
           mengajukan banding.                                                making such appeal.

           Pajak Tangguhan                                                    Deferred tax
           Aset dan liabilitas pajak tangguhan diakui                         Deferred tax assets and liabilities are
           menggunakan         metode    liabilitas  atas                     recognized using the liability method for the
           konsekuensi pajak pada masa mendatang                              future tax consequences attributable to
           yang timbul dari perbedaan jumlah tercatat                         differences between the carrying amounts of
           aset dan liabilitas menurut laporan keuangan                       existing assets and liabilities in the financial
           dengan dasar pengenaan pajak aset dan                              statements and their respective tax bases at
           liabilitas pada setiap tanggal pelaporan.                          each reporting date. Deferred tax liabilities
           Liabilitas pajak tangguhan diakui untuk semua                      are recognized for all taxable temporary
           perbedaan temporer kena pajak dan aset pajak                       differences and deferred tax assets are
           tangguhan diakui untuk perbedaan temporer                          recognized      for    deductible     temporary
           yang boleh dikurangkan dan akumulasi rugi                          differences and accumulated fiscal losses to
           fiskal,    sepanjang    besar     kemungkinan                      the extent that it is probable that taxable
           perbedaan temporer yang boleh dikurangkan                          profit will be available in future years against
           dan akumulasi rugi fiskal tersebut dapat                           which the deductible temporary differences
           dimanfaatkan untuk mengurangi laba kena                            and accumulated fiscal losses can be
           pajak pada masa depan.                                             utilized.
           Jumlah tercatat aset pajak tangguhan ditelaah                      The carrying amount of a deferred tax asset
           ulang pada akhir setiap periode pelaporan dan                      is reviewed at the end of each reporting
           diturunkan apabila laba fiskal mungkin tidak                       period and reduced to the extent that it is no
           memadai untuk mengkompensasi sebagian                              longer probable that sufficient taxable profit
           atau semua manfaat aset pajak tangguhan                            will be available to allow the benefit of part or
           tersebut. Pada akhir setiap periode pelaporan,                     all of that deferred tax asset to be utilized.
           Perusahaan menilai kembali aset pajak                              At the end of each reporting period, the
           tangguhan yang tidak diakui. Perusahaan                            Company reassesses unrecognized deferred
           mengakui aset pajak tangguhan yang                                 tax assets. The Company recognizes
           sebelumnya tidak diakui apabila besar                              a previously unrecognized deferred tax
           kemungkinan bahwa laba fiskal pada masa                            assets to the extent that it has become
           depan akan tersedia untuk pemulihannya.                            probable that future taxable profit will allow
                                                                              the deferred tax assets to be recovered.


                                                            38
Page 334
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                             As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
                  pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     r.    Pajak penghasilan (lanjutan)                                   r.    Income tax (continued)

           Pajak Tangguhan (lanjutan)                                           Deferred tax (continued)

           Pajak       tangguhan     dihitung    dengan                         Deferred tax is calculated at the tax rates that
           menggunakan tarif pajak yang berlaku atau                            have been enacted or substantively enacted
           secara substansial telah berlaku pada tanggal                        at the reporting date. Changes in the carrying
           pelaporan. Perubahan nilai tercatat aset dan                         amount of deferred tax assets and liabilities
           liabilitas pajak tangguhan yang disebabkan                           due to a change in tax rates are charged to
           oleh perubahan tarif pajak dibebankan pada                           current period operations, except to the
           usaha periode berjalan, kecuali untuk                                extent that they relate to items previously
           transaksi-transaksi yang sebelumnya telah                            charged or credited to equity.
           langsung dibebankan atau dikreditkan ke
           ekuitas.

           Aset dan liabilitas pajak tangguhan disajikan                        Deferred tax assets and liabilities are offset
           secara saling hapus dalam laporan posisi                             in the statements of financial position, except
           keuangan, kecuali aset dan liabilitas pajak                          if they are for different legal entities,
           tangguhan untuk entitas yang berbeda, sesuai                         consistent with the presentation of current tax
           dengan penyajian aset dan liabilitas pajak kini.                     assets and liabilities.

     s.    Segmen operasi                                                 s.    Operating segment

           Segmen      adalah   bagian     khusus   dari                        A segment is a distinguishable component of
           Perusahaan yang terlibat baik menyediakan                            the Company that is engaged either in
           produk dan jasa (segmen usaha), maupun                               providing products and services (operating
           dalam menyediakan produk dan jasa dalam                              segments) on certain products and services
           lingkungan    ekonomi     tertentu   (segmen                         within a particular economic environment
           geografis), yang memiliki risiko dan imbalan                         (geographical segment), which is subject to
           yang berbeda dari segmen lainnya.                                    risks and reward that are different from those
                                                                                of other segments.

           Jumlah setiap unsur segmen dilaporkan                                The amount of each reported segment is the
           merupakan ukuran yang dilaporkan kepada                              measure reported to the chief operation
           pengambil keputusan operasional untuk tujuan                         decision maker for the purpose of making
           pengambilan keputusan untuk mengalokasikan                           decisions about allocating resources to the
           sumber daya kepada segmen dan menilai                                segment and assessing its performance.
           kinerjanya.

           Pendapatan, beban, aset, dan liabilitas                              Revenue, expenses, assets, and liabilities
           termasuk akun yang dapat diatribusikan                               can be directly attributable to a segment as
           langsung kepada suatu segmen serta hal-hal                           well as those that can be allocated on
           yang dapat dialokasikan dengan dasar yang                            a reasonable basis to that segment.
           sesuai kepada segmen tersebut.

           Informasi keuangan dilaporkan berdasarkan                            Financial information is reported based on
           informasi yang digunakan oleh manajemen                              the information used by management in
           dalam mengevaluasi kinerja setiap segmen                             evaluating the performance of each segment
           dan menentukan pengalokasian sumber daya.                            and determining the allocation of resources.
           Sehubungan dengan ini, informasi segmen                              In this respect, the segment information in
           dalam     laporan    keuangan     disajikan                          the financial statements is presented based
           berdasarkan pengklasifikasian umum atas                              on general classification of marketing areas
           daerah pemasaran sebagai segmen geografis.                           as geographical segments.




                                                              39
Page 335
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                             As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
                  pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     t.    Laba per saham dasar                                           t.    Basic earnings per share

           Laba per saham dasar dihitung dengan                                 Basic earnings per share are computed by
           membagi laba tahun berjalan dengan jumlah                            dividing the income for the year by the
           rata-rata tertimbang saham yang beredar pada                         weighted average number of shares
           tahun yang bersangkutan.                                             outstanding during the year.

     u.    Liabilitas imbalan kerja                                       u.    Liability for employee benefits

           Perusahaan mengakui seluruh imbalan kerja                            The Company recognizes employee benefits
           yang diberikan melalui program atau perjanjian                       under formal and informal programs or
           formal dan informal, peraturan perundang-                            agreements, under legislative requirements
           undangan atau peraturan industri, yang                               or through industry arrangements, including
           mencakup imbalan pasca-kerja, imbalan kerja                          post-employment benefits, short-term and
           jangka pendek dan jangka panjang lainnya,                            other long-term employee benefits, and
           dan pesangon pemutusan hubungan kerja.                               termination benefits.

           Perusahaan mencatat penyisihan manfaat                               The Company made provisions in order to
           untuk memenuhi imbalan minimum yang harus                            meet the minimum benefits required to be
           dibayar kepada karyawan-karyawan sesuai                              paid to the qualified employees under Labor
           dengan Undang-Undang Nomor 11 Tahun                                  Law No. 11 of 2020 on Job Creation and
           2020 tentang Cipta Kerja dan PP No. 35 Tahun                         Government Regulation No. 35 of 2021. The
           2021. Penyisihan tersebut diestimasi dengan                          said provisions are estimated using actuarial
           menggunakan perhitungan aktuarial metode                             calculations using the “Projected Unit Credit”
           “Projected Unit Credit”.                                             method.

           Perkiraan liabilitas pada tanggal laporan posisi                     The estimated liabilities as of the statement
           keuangan merupakan nilai kini imbalan pasti                          of financial position date represents the
           pada tanggal laporan posisi keuangan.                                present value of the defined benefit
                                                                                obligation as of the statement of financial
                                                                                position date.

           Biaya imbalan pasca kerja yang diakui selama                         The post-employment benefits expense
           tahun berjalan terdiri dari biaya jasa dalam                         recognized during the current year consists
           laba rugi, bunga neto atas liabilitas imbalan                        of service cost in profit and loss, net interest
           pasti neto dalam laba rugi dan pengukuran                            on the net defined benefit liability in profit and
           kembali liabilitas imbalan pasti neto dalam                          loss and remeasurement of the net defined
           penghasilan komprehensif lain.                                       benefit liabilities in other comprehensive
                                                                                income.

           Pengukuran kembali liabilitas imbalan pasti                          Remeasurements of the net defined benefit
           neto terdiri atas:                                                   liability consists of:
           - Keuntungan dan kerugian aktuarial                                  - Actuarial gains and losses
           - Imbal hasil atas aset program, tidak                               - Return on plan assets, excluding amount
              termasuk jumlah yang dimasukkan dalam                                 included in net interest on the net defined
              bunga neto atas liabilitas imbalan pasti                              benefit liability
              neto
           - Setiap perubahan dampak batas atas aset,                           -   Any change in effect of the asset ceiling,
              tidak termasuk jumlah yang dimasukkan                                 excluding amount including in net interest
              dalam bunga neto atas liabilitas imbalan                              on the net defined benefit liability
              pasti neto




                                                              40
Page 336
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                           As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
                  pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     u.    Liabilitas imbalan kerja (lanjutan)                          u.    Liability for employee benefits (continued)

           Penangguhan pengakuan keuntungan dan                               Deferred recognition of actuarial gains and
           kerugian aktuarial tidak diizinkan. Keuntungan                     losses is not allowed. Actuarial gains and
           dan kerugian aktuarial langsung diakui dalam                       losses are recognized directly in other
           komponen penghasilan komprehensif lain                             comprehensive income component in equity
           dalam ekuitas dan dapat dialihkan ke pos lain                      and can be transferred to other post within
           dalam ekuitas.                                                     equity.

           Perusahaan memberikan imbalan kerja jangka                         The Company provides other long-term
           panjang lainnya berupa penghargaan masa                            employment benefits in the form of long
           kerja yang ditentukan sesuai dengan Peraturan                      service award which is determined in
           Perusahaan. Perkiraan beban imbalan ini                            compliance with the Company’s Regulation.
           dihitung dan diakui sepanjang masa kerja                           The expected costs of these benefits are
           karyawan dengan menggunakan metode yang                            calculated and recognized over the year of
           diterapkan dalam menghitung kewajiban                              employment, using a method which is
           imbalan kerja. Kewajiban ini dihitung minimum                      applied in calculating obligation for post-
           satu tahun sekali oleh aktuaris independen.                        employment benefits. These obligations are
           Imbalan kerja jangka panjang lainnya yang                          calculated minimum once a year by an
           telah menjadi hak karyawan diakui segera                           independent actuary. Other long term
           sebagai beban dalam laporan laba rugi dan                          employment benefits that are vested, are
           penghasilan komprehensif lain.                                     recognized as expense immediately in the
                                                                              statement of profit or loss and other
                                                                              comprehensive income.

     v.    Saling hapus instrumen keuangan                              v.    Offsetting financial statements

           Aset keuangan dan liabilitas keuangan saling                       Financial assets and financial liabilities are
           hapus dan nilai netonya dilaporkan dalam                           offset and the net amount are reported in the
           laporan posisi keuangan jika, dan hanya jika,                      statements of financial position if, and only if,
           terdapat hak yang berkekuatan hukum untuk                          there is currently enforceable legal right to
           saling hapus atas jumlah yang diakui dan                           offset the recognized amounts and there is
           terdapat niat untuk menyelesaikan secara                           an intention to settle on a net basis, or to
           neto, atau untuk merealisasikan aset dan                           realize the assets and settle the liabilities
           menyelesaikan liabilitas secara bersamaan.                         simultaneously.

           Hal yang berkekuatan hukum harus tidak                             The legally enforceable right must not be,
           kontinjen atas peristiwa di masa depan dan                         contingent on future events and must been
           harus dapat dipaksakan di dalam situasi bisnis                     forceable in the normal course of business
           yang normal, peristiwa kegagalan atau                              and in the event of default, insolvency or
           kebangkrutan dari entitas atas seluruh pihak                       bankruptcy of the company or the
           lawan.                                                             counterparty.

           Pendapatan dan beban disajikan dalam jumlah                        Income and expenses are presented on a net
           neto hanya jika diperkenankan oleh Standar                         basis only when permitted by the Financial
           Akuntansi Keuangan.                                                Accounting Standards.




                                                            41
Page 337
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                          As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
              pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
             kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                   2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     w. Perubahan  kebijakan       akuntansi       dan               w. Change in           accounting       policies     and
        pengungkapan                                                    disclosures

        Penerapan dari standar revisi berikut sejak                       The adoption of these revised standards
        1 Januari 2024, tidak menimbulkan perubahan                       since January 1, 2024 did not result in
        substantial terhadap kebijakan akuntansi                          substantial changes to the Company’s
        Perusahaan dan tidak berdampak signifikan                         accounting policies and had no material
        terhadap jumlah yang dilaporkan pada tahun                        effect on the amounts reported for the
        berjalan atau tahun sebelumnya:                                   current or prior financial years:

        Pilar Standar Akuntansi Keuangan                                    Financial Accounting Standards Pillars

        Standar ini memberikan persyaratan dan                             These standards provides requirements and
        pedoman bagi entitas untuk menerapkan                              guidelines for entities to apply the correct
        standar akuntansi keuangan yang benar dalam                        financial accounting standards in preparing
        menyusun laporan keuangan bertujuan umum.                          general purpose financial statements. There
        Akan ada 4 (empat) standar akuntansi                               will be 4 (four) financial accounting
        keuangan yang saat ini diterapkan di                               standards that are currently applied in
        Indonesia, yaitu:                                                  Indonesia, namely:
        1. Pilar 1 Standar Akuntansi Keuangan                              1. Pillar 1 International Financial Accounting
            Internasional,                                                     Standards,
        2. Pilar 2 Standar Akuntansi Keuangan                              2. Pillar 2 Indonesian Financial Accounting
            Indonesia (PSAK),                                                  Standards (PSAK),
        3. Pilar 3 Standar Akuntansi Keuangan                              3. Pillar 3 Indonesian Financial Accounting
            Indonesia untuk Entitas Swasta/Standar                             Standards for Private Entities/Indonesian
            Akuntansi Keuangan Indonesia untuk                                 Financial Accounting Standards for
            Entitas Tanpa Akuntabilitas Publik, dan                            Entities without Public Accountability, and
        4. Pilar 4 Standar Akuntansi Keuangan                              4. Pillar 4 Indonesian Financial Accounting
            Indonesia untuk Entitas Mikro Kecil dan                            Standards for Micro Small and Medium
            Menengah.                                                          Entities.

        Standar Akuntansi Keuangan Internasional                           International Financial Accounting Standard

        Standar ini merupakan adopsi penuh dari                            This standard is a full-adoption of
        International Financial Reporting Standards                        International Financial Reporting Standards
        (“IFRS”) yang diterjemahkan kata demi kata                         (“IFRS”) which is translated in a word-for-
        dan tidak ada modifikasi dari Standar IFRS,                        word basis and there is no modifications
        termasuk tanggal efektifnya. Entitas yang                          from IFRS Standards, including the effective
        memenuhi persyaratan dapat menerapkan                              date. Entities that meet the requirements
        standar ini, sejak tanggal efektif.                                can apply this standard, from the effective
                                                                           date.

        Nomenklatur Standar Akuntansi Keuangan                             Financial    Accounting                 Standards
                                                                           Nomenclature

        Standar ini ini mengatur penomoran baru untuk                      This standard regulates the new numbering
        standar akuntansi keuangan yang berlaku di                         for financial accounting standards applicable
        Indonesia yang diterbitkan oleh DSAK IAI.                          in Indonesia issued by DSAK IAI.




                                                         42
Page 338
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                        As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                  and for the Year Then Ended
              pada Tanggal tersebut                                    (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                   unless otherwise stated)
             kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     w. Perubahan   kebijakan          akuntansi     dan             w. Change in accounting                policies    and
        pengungkapan (lanjutan)                                         disclosures (continued)

        Penerapan dari standar revisi berikut sejak                      The adoption of these revised standards
        1 Januari 2024, tidak menimbulkan perubahan                      since January 1, 2024 did not result in
        substantial terhadap kebijakan akuntansi                         substantial changes to the Company’s
        Perusahaan dan tidak berdampak signifikan                        accounting policies and had no material
        terhadap jumlah yang dilaporkan pada tahun                       effect on the amounts reported for the
        berjalan atau tahun sebelumnya (lanjutan):                       current or prior financial years (continued):

        Amandemen PSAK No. 201: Liabilitas Jangka                        Amendment of SFAS No. 201: Non-current
        Panjang dengan Kovenan                                           Liabilities with Covenants
        Amandemen ini menentukan persyaratan                            The amendments specify the requirements
        untuk mengklasifikasikan suatu liabilitas                       for classifying liabilities as current or non-
        sebagai jangka pendek atau jangka panjang                       current and clarify:
        dan menjelaskan:
            hal yang dimaksud sebagai hak untuk                         what is meant by a right to defer
             menangguhkan pelunasan,                                      settlement,
            hak untuk menangguhkan pelunasan                            the right to defer must exist at the end of
             harus ada pada akhir periode pelaporan,                      the reporting period,
            klasifikasi tersebut tidak dipengaruhi oleh                 classification is not affected by the
             kemungkinan entitas akan menggunakan                         likelihood that an entity will exercise its
             hakya untuk menangguhkan liabilitas,                         deferral right, and
             dan
            hanya jika derivatif melekat pada                           only if an embedded derivative in
             liabilitas konversi tersebut adalah suatu                    a convertible liability is an equity instrument
             instrumen ekuitas, maka syarat dan                           would the terms and conditions of a liability
             ketentuan dari suatu liabilitas konversi                     will not impact its classification.
             tidak       akan      berdampak       pada
             klasifikasinya.

        Selain itu, persyaratan telah diperkenalkan                      In addition, a requirement has been
        untuk mewajibkan pengungkapan ketika suatu                       introduced to require disclosure when
        kewajiban timbul dari pinjaman perjanjian                        a liability arising from a loan agreement is
        diklasifikasikan sebagai tidak lancar dan hak                    classified as non-current and the entity’s
        entitas     untuk    menunda      penyelesaian                   right to defer settlement is contingent on
        bergantung      pada    kepatuhan     terhadap                   compliance with future covenants within
        persyaratan di masa depan dalam waktu dua                        twelve months.
        belas bulan.

        Amandemen PSAK No. 116: Liabilitas Sewa                          Amendment of SFAS No. 116: Lease liability
        dalam Jual Beli dan Sewa-balik                                   in a Sale and Leaseback

        Amandemen      PSAK      No.   116      Sewa                     The amendment to SFAS No. 116 Leases
        menetapkan persyaratan yang digunakan                            specifies the requirements that a seller-
        penjual-penyewa dalam mengukur kewajiban                         lessee uses in measuring the lease liability
        sewa yang timbul dalam transaksi jual beli dan                   arising in a sale and leaseback transaction,
        sewa-balik, untuk memastikan penjual-                            to ensure the seller-lessee does not
        penyewa tidak mengakui jumlah setiap                             recognise any amount of the gain or loss
        keuntungan atau kerugian yang terkait dengan                     that relates to the right of use it retains.
        hak guna yang dipertahankan.




                                                           43
Page 339
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                          As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
                  pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.    SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     w. Perubahan   kebijakan           akuntansi     dan               w. Change in accounting               policies    and
        pengungkapan (lanjutan)                                            disclosures (continued)

           Penerapan dari standar revisi berikut sejak                        The adoption of these revised standards
           1 Januari 2024, tidak menimbulkan perubahan                        since January 1, 2024 did not result in
           substantial terhadap kebijakan akuntansi                           substantial changes to the Company’s
           Perusahaan dan tidak berdampak signifikan                          accounting policies and had no material
           terhadap jumlah yang dilaporkan pada tahun                         effect on the amounts reported for the
           berjalan atau tahun sebelumnya (lanjutan):                         current or prior financial years (continued):
           Amandemen PSAK No. 207 dan PSAK                                   Amendment of SFAS No. 207 and SFAS
           No. 107: Pengaturan Pembiayaan Pemasok                            No. 107: Supplier Finance Arrangements

           Amandemen PSAK No. 207 dan PSAK                                   The amendments to SFAS No. 207 and
           No.      107   mengklarifikasi   karakteristik                    SFAS No. 107 clarify the characteristics of
           pengaturan    pembiayaan      pemasok    dan                      supplier finance arrangements and require
           mensyaratkan pengungkapan tambahan atas                           additional disclosure of such arrangements.
           pengaturan pembiayaan pemasok tersebut.                           The disclosure requirements in the
           Persyaratan      pengungkapan          dalam                      amendments are intended to assist users of
           amandemen ini dimaksudkan untuk membantu                          financial statements in understanding the
           pengguna     laporan      keuangan     dalam                      effects of supplier finance arrangements on
           memahami dampak pengaturan pembiayaan                             an entity’s liabilities, cash flows and
           pemasok terhadap liabilitas, arus kas, dan                        exposure to liquidity risk.
           eksposur terhadap risiko likuiditas suatu
           entitas.

     x.    Standar akuntansi yang telah disahkan                       x.     Accounting standards issued but not yet
           namun belum berlaku efektif                                        effective

           Standar akuntansi yang telah disahkan oleh                         The standards that are issued by the
           Dewan Standar Akuntansi Keuangan (DSAK),                           Indonesian Financial Accounting Standards
           tetapi belum berlaku efektif untuk laporan                         Board (DSAK), but not yet effective for
           keuangan tahun berjalan diungkapkan di                             current financial statements are disclosed
           bawah ini. Perusahaan bermaksud untuk                              below. The Company intends to adopt these
           menerapkan standar tersebut, jika dipandang                        standards, if applicable, when they become
           relevan, saat telah menjadi efektif.                               effective.

           Efektif berlaku pada atau setelah tanggal                          Effective on or after January 1, 2025
           1 Januari 2025

           PSAK No. 117: Kontrak Asuransi                                    SFAS No. 117: Insurance Contracts

           Standar akuntansi baru yang komprehensif                          A comprehensive new accounting standard
           untuk kontrak asuransi yang mencakup                              for insurance contracts covering recognition
           pengakuan dan pengukuran, penyajian dan                           and     measurement,       presentation     and
           pengungkapan, pada saat berlaku efektif PSAK                      disclosure, upon its effective date, SFAS No.
           No. 117 akan menggantikan PSAK No. 104:                           117 will replace SFAS No. 104: Insurance
           Kontrak Asuransi. PSAK No. 117 berlaku untuk                      Contracts. SFAS No. 117 applies to all types
           semua jenis kontrak asuransi, jiwa, non-jiwa,                     of insurance contracts, life, non-life, direct
           asuransi langsung dan reasuransi, terlepas dari                   insurance and re-insurance, regardless of the
           entitas yang menerbitkannya, serta untuk                          entities issuing them, as well as to certain
           jaminan dan instrumen keuangan tertentu                           guarantees and financial instruments with
           dengan fitur partisipasi tidak mengikat, serta                    discretionary participation features, while a
           beberapa pengecualian ruang lingkup akan                          few scope exceptions will apply. The overall
           berlaku. Tujuan keseluruhan dari PSAK No. 117                     objective of SFAS No. 117 is to provide an
           adalah untuk menyediakan model akuntansi                          accounting model for insurance contracts that
           untuk kontrak asuransi yang lebih bermanfaat                      is more useful and consistent for insurers.
           dan konsisten untuk asuradur.

                                                             44
Page 340
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

           PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
          CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
               Tanggal 31 Desember 2024                                        As of December 31, 2024
            serta Untuk Tahun yang Berakhir                                  and for the Year Then Ended
                  pada Tanggal tersebut                                    (Expressed in millions of Rupiah,
             (Disajikan dalam jutaan Rupiah,                                   unless otherwise stated)
                 kecuali dinyatakan lain)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     x.    Standar akuntansi yang telah disahkan                         x.     Accounting standards issued but not
           namun belum berlaku efektif (lanjutan)                               yet effective (continued)

           Efektif berlaku pada atau setelah tanggal                           Effective on or after January 1, 2025
           1 Januari 2025 (lanjutan)                                           (continued)

           PSAK No. 117 berlaku efektif untuk periode                         SFAS No. 117 is effective for reporting
           pelaporan yang dimulai pada atau setelah                           periods beginning on or after January 1,
           tanggal 1 Januari 2025, dengan mensyaratkan                        2025, with comparative figures required. Early
           angka      komparatif.     Penerapan     dini                      application is permitted, provided the entity
           diperkenankan bila entitas juga menerapkan                         also applies SFAS No. 109 and SFAS No.
           PSAK No. 109 dan PSAK No. 115 pada atau                            115 on or before the date of initial application
           sebelum tanggal penerapan awal PSAK                                of SFAS No. 117. This standard is not
           No. 117. Standar ini tidak diharapkan memiliki                     expected to have any impact to the financial
           dampak pada pelaporan keuangan Grup pada                           reporting of the Group upon first-time
           saat diadopsi untuk pertama kali.                                  adoption.


           Perusahaan sedang mengevaluasi dampak dari                         The Company is presently evaluating and
           standar akuntansi tersebut dan belum                               has not yet determined the effects of these
           menentukan dampaknya terhadap laporan                              accounting standards on its financial
           keuangan Perusahaan.                                               statements.

            Mulai efektif pada atau setelah tanggal                           Effective beginning on or after January
            20 Januari 2025                                                   20, 2025

            PSAK No. 413: Penurunan nilai                                     SFAS No. 413: Impairment

            Pada 24 Juli 2024 DSAS IAI telah                                  On July 24, 2024, DSAS IAI has ratified
            mengesahkan PSAK No. 413 tentang                                  SFAS No. 413 related to Impairment. This
            Penurunan Nilai. PSAK ini mengatur tentang                        SFAS regulates the impairment of financial
            penurunan nilai atas instrumen keuangan yaitu                     instruments, namely sharia-based financial
            aset keuangan berbasis syariah dan kafalah                        assets and kafalah for credit risk guarantees.
            untuk penjaminan risiko kredit.


           PSAK No. 413 diterapkan pada aset keuangan                         SFAS No. 413 is applied to sharia financial
           syariah berupa hak tagih yang jumlah kas dan                       assets in the form of collection rights whose
           waktu pembayarannya sudah ditentukan dalam                         cash amount and payment time have been
           akad. Perhitungan penurunan nilai dalam PSAK                       determined in the contract. The calculation of
           No. 413 menggunakan konsep ekspektasi                              impairment in SFAS No. 413 uses the
           kerugian (expected loss) yang perhitungannya                       concept of expected loss whose calculation
           mencerminkan       jumlah   tidak     bias   dan                   reflects the unbiased and probability-weighted
           probabilitas    tertimbang     (unbiased     and                   amount and reasonable and supportable
           probability-weighted amount) dan informasi                         information. This calculation does not reflect
           wajar dan tersokong (reasonable and                                the time value of money. The credit risk
           supportable information). Perhitungan tersebut                     guarantee kafalah is determined by the higher
           tidak mencerminkan nilai waktu atas uang (time                     amount between the provision amount
           value of money). Kafalah penjaminan risiko                         calculated based on SFAS No. 413 and the
           kredit ditentukan jumlah yang lebih tinggi antara                  amount of liabilities that have been formed.
           jumlah provisi yang dihitung berdasarkan PSAK                      SFAS No. 413 is effective for financial years
           No. 413 dengan jumlah liabilitas yang telah                        starting on or after January 1, 2027, and can
           dibentuk. PSAK No. 413 berlaku efektif untuk                       be applied early.
           tahun buku yang dimulai pada atau setelah
           tanggal 1 Januari 2027 dan dapat diterapkan
           dini.



                                                               45
Page 341
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                            As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                      and for the Year Then Ended
               pada Tanggal tersebut                                        (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)
              kecuali dinyatakan lain)


3.   SUMBER ESTIMASI KETIDAKPASTIAN                              3.     SOURCE OF ESTIMATION UNCERTAINTY

     Pertimbangan                                                       Judgments

     Penyusunan laporan keuangan sesuai dengan                          The preparation of financial statements, in
     Standar Akuntansi Keuangan di Indonesia                            conformity with Indonesian Financial Accounting
     mewajibkan manajemen untuk membuat estimasi                        Standards requires management to make
     dan asumsi yang mempengaruhi jumlah-jumlah                         estimations and assumptions that affect amounts
     yang dilaporkan dalam laporan keuangan.                            reported therein. Uncertainty about these
     Ketidakpastian mengenai asumsi dan estimasi                        assumptions and estimation could result material
     tersebut dapat mengakibatkan penyesuaian                           adjustments to the carrying amount of assets and
     material terhadap nilai tercatat aset dan liabilitas               liabilities within the next financial reporting period.
     dalam periode pelaporan berikutnya.

     Pertimbangan berikut ini dibuat oleh manajemen                     The following judgments are made by
     dalam rangka penerapan kebijakan akuntansi                         management in the process of applying the
     Perusahaan yang memiliki pengaruh paling                           Company’s accounting policies that have the
     signifikan atas jumlah yang diakui dalam laporan                   most significant effects on the amounts
     keuangan:                                                          recognized in the financial statements:

     Usaha yang berkelanjutan                                           Going concern

     Manajemen Perusahaan telah melakukan penilaian                     The Company’s management has made an
     atas kemampuan Perusahaan untuk melanjutkan                        assessment of the Company’s ability to continue
     kelangsungan usahanya dan berkeyakinan bahwa                       as a going concern and is satisfied that the
     Perusahaan memiliki sumber daya untuk                              Company has the resources to continue business
     melanjutkan usahanya di masa mendatang. Selain                     in the future. Furthermore, the management is not
     itu, manajemen tidak mengetahui adanya                             aware of any material uncertainties that may cast
     ketidakpastian material yang dapat menimbulkan                     significant doubt upon the Company’s ability to
     keraguan yang signifikan terhadap kemampuan                        continue as a going concern. Therefore, the
     Perusahaan untuk melanjutkan kelangsungan                          financial statements continue to be prepared on
     usahanya. Oleh karena itu, laporan keuangan telah                  the going concern basis.
     disusun atas dasar usaha yang berkelanjutan.

     Klasifikasi aset dan liabilitas keuangan                           Classification of financial assets and financial
                                                                        liabilities

     Perusahaan menetapkan klasifikasi atas aset dan                    The Company determines the classifications of
     liabilitas tertentu sebagai aset keuangan dan                      certain assets and liabilities as financial assets
     liabilitas keuangan dengan mempertimbangkan                        and financial liabilities by judging if they meet the
     apakah definisi yang ditetapkan PSAK No. 109                       definition set forth in SFAS No. 109. Accordingly,
     dipenuhi. Dengan demikian, aset keuangan dan                       the financial assets and financial liabilities are
     liabilitas keuangan diakui sesuai dengan kebijakan                 accounted for in accordance with Company’s
     akuntansi Perusahaan seperti diungkapkan pada                      accounting policies disclosed in Note 2c.
     Catatan 2c.

     Estimasi dan asumsi                                                Estimates and assumptions

     Asumsi utama masa depan dan sumber utama                           The key assumptions concerning the future and
     estimasi ketidakpastian lain pada akhir periode                    other key sources of estimation uncertainty at the
     pelaporan yang memiliki risiko signifikan bagi                     reporting date that have a significant risk of
     penyesuaian yang material terhadap nilai tercatat                  causing a material adjustment to the carrying
     aset dan liabilitas untuk periode pelaporan                        amounts of assets and liabilities within the next
     keuangan berikutnya, diungkapkan di bawah ini.                     financial reporting period are disclosed below.
     Perusahaan mendasarkan asumsi dan estimasi                         The Company based its assumptions and
     pada parameter yang tersedia pada saat laporan                     estimates on parameters which are available
     keuangan disusun.                                                  when the financial statements were prepared.




                                                            46
Page 342
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                           As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
               pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
              kecuali dinyatakan lain)


3.   SUMBER          ESTIMASI       KETIDAKPASTIAN              3.     SOURCE OF            ESTIMATION         UNCERTAINTY
     (lanjutan)                                                        (continued)

     Estimasi dan asumsi (lanjutan)                                    Estimates and assumptions (continued)

     Asumsi dan situasi mengenai perkembangan masa                     Existing assumptions and circumstances about
     depan mungkin berubah akibat perubahan pasar                      future developments may change due to market
     atau situasi diluar kendali Perusahaan. Perubahan                 changes or circumstances arising beyond the
     tersebut dicerminkan dalam asumsi terkait pada                    control of the Company. Such changes are
     saat terjadinya.                                                  reflected in the assumptions as they occur.

     Cadangan kerugian penurunan nilai aset keuangan                   Allowance for impairment losses on financial
                                                                       assets

     Evaluasi atas cadangan kerugian penurunan nilai                   Allowance for impairment losses on financial
     aset keuangan yang dicatat pada biaya perolehan                   assets carried at amortized cost are evaluated as
     diamortisasi dijelaskan pada Catatan 2d.                          explained in Notes 2d.

     Evaluasi cadangan kerugian penurunan nilai                        Allowance for impairment losses collectively
     secara kolektif mencakup kerugian kredit yang                     assessed includes inherent credit losses in
     melekat pada portofolio piutang pembiayaan                        consumer       financing    and    finance    lease
     konsumen dan sewa pembiayaan dengan                               receivables portfolios with similar credit risk
     karakteristik risiko kredit yang sejenis. Dalam                   characteristics. In assessing the need for
     menentukan perlunya untuk membentuk cadangan                      collective allowances for impairment losses,
     kerugian penurunan        nilai secara    kolektif,               management considers factors such as credit
     manajemen       mempertimbangkan     faktor-faktor                quality, portfolio size, credit concentrations, and
     seperti kualitas kredit, besarnya portofolio,                     economic factors. In order to estimate the
     konsentrasi kredit, dan faktor-faktor ekonomi.                    required allowance, assumptions are made to
     Dalam mengestimasi cadangan yang dibutuhkan,                      define the way inherent losses are modeled and
     asumsi-asumsi dibuat untuk menentukan model                       to determine the required input parameters,
     kerugian bawaan dan untuk menentukan                              based on historical experience and current
     parameter input yang diperlukan, berdasarkan                      economic conditions. The accuracy of the
     pengalaman historis dan keadaan ekonomi saat ini.                 allowances depends on the model assumptions
     Ketepatan dari cadangan ini bergantung pada                       and parameters used in determining collective
     asumsi model dan parameter yang digunakan                         allowances.
     dalam penentuan cadangan kolektif.

     Metodologi dan asumsi yang digunakan dalam                        The methodology and assumptions used for
     mengestimasi cadangan penurunan nilai dikaji                      estimating the allowance for impairment losses
     ulang secara berkala.                                             are reviewed regularly.

     Liabilitas imbalan kerja                                          Liability for employment benefits

     Penentuan liabilitas imbalan kerja Perusahaan                     The determination of the Company’s liability for
     bergantung pada pemilihan asumsi yang                             employment benefits is dependent on its
     digunakan oleh aktuaris independen dalam                          selection of certain assumptions used by the
     menghitung jumlah-jumlah tersebut. Asumsi                         independent actuaries in calculating such
     tersebut termasuk antara lain, tingkat diskonto,                  accounts. Those assumptions include among
     tingkat kenaikan gaji tahunan, tingkat pengunduran                others, discount rates, annual salary increase
     diri karyawan tahunan, tingkat kecacatan, umur                    rate, annual employee turn-over rate, disability
     pensiun, dan tingkat kematian.                                    rate, retirement age, and mortality rate.

     Walaupun Perusahaan berkeyakinan bahwa                            While the Company believes that its assumptions
     asumsi tersebut adalah wajar dan sesuai,                          are reasonable and appropriate, significant
     perbedaan signifikan pada hasil aktual atau                       differences in the Company’s actual results or
     perubahan signifikan dalam asumsi yang                            significant   changes   in   the     Company’s
     ditetapkan Perusahaan dapat mempengaruhi                          assumptions may materially affect its estimated
     secara material liabilitas imbalan kerja dan beban                liability for employment benefits and net
     imbalan kerja neto (Catatan 2u).                                  employment benefits expense (Note 2u).



                                                           47
Page 343
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                           As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
               pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
              kecuali dinyatakan lain)


3.   SUMBER         ESTIMASI        KETIDAKPASTIAN              3.     SOURCE OF            ESTIMATION         UNCERTAINTY
     (lanjutan)                                                        (continued)

     Estimasi dan asumsi (lanjutan)                                    Estimates and assumptions (continued)

     Penyusutan dan estimasi masa manfaat aset tetap                   Depreciation and estimated useful life of fixed
                                                                       assets

     Biaya perolehan aset tetap disusutkan dengan                      The costs of fixed assets are depreciated with
     menggunakan metode saldo menurun kecuali                          declining-balance method except for building
     untuk penyusutan bangunan menggunakan metode                      depreciation with straight-line method over their
     garis lurus berdasarkan estimasi masa manfaat                     estimated useful lives. As explained on Note 2l,
     ekonomisnya. Sebagaimana yang telah dijelaskan                    management properly estimates the useful lives
     pada Catatan 2l, manajemen mengestimasi masa                      of these fixed assets ranging from 4 (four)
     manfaat ekonomis aset tetap antara 4 (empat)                      to 20 (twenty) years. These are common life
     sampai dengan 20 (dua puluh) tahun. Ini adalah                    expectancies applied in the industries where the
     umur yang secara umum diharapkan dalam industri                   Company conducts its businesses.
     dimana Perusahaan menjalankan bisnisnya.

     Perubahan tingkat pemakaian dan perkembangan                      Changes in the expected level of usage and
     teknologi dapat mempengaruhi masa manfaat                         technological development could impact the
     ekonomis dan nilai sisa aset, dan karenanya biaya                 economic useful lives and the residual values of
     penyusutan masa depan mungkin direvisi.                           these assets, and therefore future depreciation
                                                                       charges could be revised.

     Nilai wajar atas instrumen keuangan                               Fair value of financial instruments

     Bila nilai wajar aset keuangan dan liabilitas                     When the fair values of financial assets and
     keuangan yang tercatat pada laporan posisi                        financial liabilities recorded on the statement of
     keuangan tidak tersedia di pasar aktif, nilainya                  financial position cannot be derived from active
     ditentukan dengan menggunakan berbagai teknik                     markets, they are determined using a variety of
     penilaian    termasuk     penggunaan       model                  valuation techniques that include the use of
     matematika. Masukan (input) untuk model ini                       mathematical models. The inputs to these
     berasal dari data pasar yang bisa diamati                         models are derived from observable market data
     sepanjang data tersebut tersedia. Bila data pasar                 where possible, but when observable market
     yang bisa diamati tersebut tidak tersedia,                        data are not available, management’s judgment
     pertimbangan manajemen diperlukan untuk                           is required to establish fair values. The
     menentukan nilai wajar. Pertimbangan manajemen                    management’s judgments include considerations
     tersebut mencakup pertimbangan likuiditas dan                     of liquidity and model inputs such as discount
     masukan model seperti tingkat diskonto, tingkat                   rates, early payment rates and default rate
     pelunasan dipercepat dan asumsi tingkat gagal                     assumptions (Note 2e).
     bayar (Catatan 2e).
     Perpajakan                                                        Taxation
     Pertimbangan        signifikan   dilakukan    dalam               Significant judgment is involved in determining the
     menentukan penyisihan atas pajak Perusahaan.                      provision for tax. The Company provides tax
     Perusahaan menentukan penyisihan atas pajak                       provision based on estimates whether the
     penghasilan badan berdasarkan estimasi atas                       additional taxes will be due. Where the final tax
     kemungkinan adanya tambahan beban pajak. Jika                     outcome of these matters is different from the
     hasil akhir dari hal ini berbeda dengan jumlah yang               amounts that were initially recorded, such
     dicatat semula, maka perbedaan tersebut akan                      differences will impact the profit and loss.
     berdampak pada laba rugi.

     Perusahaan mengakui liabilitas atas pajak                         The Company recognizes liabilities for expected
     penghasilan    badan     berdasarkan estimasi                     corporate income tax issues based on estimates
     penghasilan kena pajak badan.                                     of corporate taxable income.




                                                           48
Page 344
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                              As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                        and for the Year Then Ended
               pada Tanggal tersebut                                          (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                         unless otherwise stated)
              kecuali dinyatakan lain)


3.   SUMBER ESTIMASI KETIDAKPASTIAN (lanjutan)                      3.     SOURCE OF ESTIMATION UNCERTAINTY
                                                                           (continued)
     Estimasi dan asumsi (lanjutan)                                       Estimates and assumptions (continued)

     Pajak Tangguhan - neto                                               Deferred tax - net

     Aset pajak tangguhan diakui atas jumlah pajak                        Deferred tax assets are recognized for the future
     penghasilan terpulihkan (recoverable) pada periode                   recoverable taxable income arising from
     mendatang sebagai akibat perbedaan temporer                          temporary difference.
     yang boleh dikurangkan.

     Justifikasi    manajemen     diperlukan    untuk                     Management judgment is required to determine
     menentukan jumlah aset pajak tangguhan yang                          the amount of deferred tax assets that can be
     dapat diakui, sesuai dengan waktu yang tepat dan                     recognized, based upon the likely timing on level
     tingkat laba fiskal di masa mendatang sejalan                        of future taxable profits together with future
     dengan strategi rencana perpajakan ke depan                          strategic tax planning (Note 2r).
     (Catatan 2r).

4.   KAS DAN BANK                                                  4.     CASH AND BANKS

                                            31 Desember/           31 Desember/
                                          December 31, 2024      December 31, 2023

     Kas                                                  470                      470                              Cash on hand

     Bank                                                                                                        Cash in banks
     Rupiah                                                                                                              Rupiah
       Pihak berelasi (Catatan 31)                                                                   Related party (Note 31)
         PT Bank Maybank Indonesia Tbk               20.396                   136.988       PT Bank Maybank Indonesia Tbk
       Pihak ketiga                                                                                            Third parties
         PT Bank Central Asia Tbk                    10.096                     11.425            PT Bank Central Asia Tbk
         PT Bank Negara Indonesia                                                                PT Bank Negara Indonesia
            (Persero) Tbk                             6.228                      6.543                   (Persero) Tbk
         PT Bank Hibank Indonesia                       331                        550           PT Bank Hibank Indonesia
         PT Bank Mandiri (Persero) Tbk                  271                        272       PT Bank Mandiri (Persero) Tbk
         Lainnya                                        312                        282                              Others

     Mata uang asing                                                                                            Foreign currency
     Dolar Amerika Serikat                                                                                  United States Dollar
       Pihak berelasi (Catatan 31)                                                                   Related party (Note 31)
          PT Bank Maybank Indonesia Tbk                                                     PT Bank Maybank Indonesia Tbk
          (USD650.282 dan USD673.567                                                                    (USD650,282 and
          masing-masing                                                                                 USD673,567 as of
          pada tanggal 31 Desember                                                                     December 31, 2024
          2024 dan 2023)                             10.510                     10.384              and 2023, respectively)

     Total bank                                      48.144                   166.444                           Total cash in banks

     Cadangan kerugian penurunan nilai                    (58)                     (494)          Allowance for impairment losses

     Neto                                            48.556                   166.420                                           Net




                                                           49
Page 345
                                                                              The original financial statements included herein are in the
                                                                                                                    Indonesian language.

         PT MAYBANK INDONESIA FINANCE                                              PT MAYBANK INDONESIA FINANCE
        CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO FINANCIAL STATEMENTS
             Tanggal 31 Desember 2024                                                   As of December 31, 2024
          serta Untuk Tahun yang Berakhir                                             and for the Year Then Ended
                pada Tanggal tersebut                                               (Expressed in millions of Rupiah,
           (Disajikan dalam jutaan Rupiah,                                              unless otherwise stated)
               kecuali dinyatakan lain)


4.    KAS DAN BANK (lanjutan)                                            4.     CASH AND BANKS (continued)

      Analisis atas perubahan dalam nilai tercatat bruto                        An analysis of change in the gross carrying
      dan cadangan atas kerugian kredit ekspektasian                            amount and the expected credit loss allowances
      terkait saldo bank adalah sebagai berikut:                                of bank balances are as follows:

                                             31 Desember/                   31 Desember/
                                           December 31, 2024             December 31, 2023
                                               Stage 1                        Stage 1
                                                                                                                        Beginning gross
      Nilai tercatat bruto awal                         166.444                             43.988                   carrying amount
      Perubahan neto                                   (118.301)                           122.456                          Net change
      Aset yang baru diterbitkan                              1                                  -                 New assets originated
      Aset dihentikan
        pengakuannya
        (selain karena                                                                                             Assets derecognized
        penghapusbukuan)                                        -                                     -          (other than write-off)
                                                                                                                Ending gross carrying
      Nilai tercatat bruto akhir                         48.144                            166.444                           amount


                                             31 Desember/                   31 Desember/
                                           December 31, 2024             December 31, 2023
                                               Stage 1                        Stage 1
     Cadangan kerugian atas
       kerugian kredit                                                                                               Beginning expected
       ekspetasian awal                                   (494)                               (75)                credit loss allowance
     Perubahan neto                                        436                               (419)                            Net change
     Aset yang baru diterbitkan                                -                                 -                New assets originated
     Aset dihentikan
       pengakuannya
       (selain karena                                                                                               Assets derecognized
       penghapusbukuan)                                         -                                 -               (other than write-off)
     Cadangan atas kerugian
       kredit ekspektasian                                                                                             Ending expected
       akhir                                                 (58)                            (494)            credit loss allowances



                                                     Pada tanggal 31 Desember/
                                                        As of December 31,

                                                      2024                     2023

      Kisaran tingkat suku bunga tahunan                                                                    Range of annual interest rate
         atas penempatan kas pada bank                                                                                of cash in banks
            Rupiah                                  0,00%-2,25%           0,00%-2,50%                                        Rupiah
            Mata uang asing                         0,00%-0,45%           0,00%-0,45%                             Foreign currency

      Pada tanggal 31 Desember 2024 dan 2023, kas                               As of December 31, 2024 and 2023, none of the
      dan bank tidak digunakan sebagai jaminan atas                             cash and banks is used as collateral for loans or
      utang dan tidak dibatasi penggunaannya.                                   restricted.




                                                                    50
Page 346
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                           PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                                As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                          and for the Year Then Ended
               pada Tanggal tersebut                                            (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                           unless otherwise stated)
              kecuali dinyatakan lain)


5.   PIUTANG SEWA PEMBIAYAAN                                         5.     FINANCE LEASE RECEIVABLES

                                              31 Desember/           31 Desember/
                                            December 31, 2024      December 31, 2023

     Pihak berelasi (Catatan 31)                                                                            Related party (Note 31)
       Piutang sewa pembiayaan                                                                          Finance lease receivables
         Rupiah                                          14.283                          -                              Rupiah
       Pendapatan sewa pembiayaan                                                                               Unearned finance
         belum diakui                                    (3.705)                         -                       leases income

     Pihak ketiga                                                                                                      Third parties
       Piutang sewa pembiayaan                                                                          Finance lease receivables
         Rupiah                                     2.573.958                 1.864.906                                 Rupiah

       Nilai sisa terjamin                            926.283                     685.634              Guaranteed residual value
       Pendapatan sewa pembiayaan                                                                             Unearned finance
          belum diakui                               (270.959)                  (200.680)                      leases income

       Simpanan jaminan                              (926.283)                  (685.634)                         Security deposit

       Sub-total                                    2.302.999                 1.664.226                                  Sub-total

       Beban ditangguhkan                                24.647                    18.160                       Deferred expense

     Total piutang sewa pembiayaan                  2.338.224                 1.682.386             Total finance lease receivables

     Cadangan kerugian penurunan nilai                (18.529)                    (16.376)          Allowance for impairment losses

     Piutang sewa pembiayaan-neto                   2.319.695                 1.666.010              Finance lease receivables-net



                                                 Pada tanggal 31 Desember/
                                                    As of December 31,

                                                  2024                     2023

     Tingkat suku bunga efektif rata-rata                                                                   Annual average effective
        per tahun                                                                                                     interest rate
        Rupiah                                       10,97%                    10,88%                                      Rupiah

     Pada tanggal 31 Desember 2024 dan 2023,                                As of December 31, 2024 and 2023, all finance
     seluruh piutang sewa pembiayaan merupakan                              lease receivables represents interest-bearing
     piutang yang dikenakan bunga yang timbul dari                          receivables arising from financing activities in the
     kegiatan pembiayaan dalam bentuk pembiayaan                            from investment financing activities and business
     investasi dan fasilitas modal usaha yang diberikan                     capital facilities granted to consumers for
     kepada konsumen untuk pembiayaan kendaraan                             financing of vehicles, heavy equipment and
     bermotor, alat berat dan mesin industri.                               industrial machineries.

     Pengelompokan piutang yang akan diterima dari                          Classification of receivables which will be
     konsumen menurut periode jatuh tempo angsuran                          collected from consumers in accordance with
     adalah sebagai berikut:                                                installment due period are as follows:

                                              31 Desember/           31 Desember/
                                            December 31, 2024      December 31, 2023

     Pihak berelasi                                                                                                   Related party
       Dalam satu tahun                                   3.061                          -                           Within 1 year
       Diatas 1 - 2 tahun                                 3.061                          -                   More than 1 - 2 years
       Diatas 2 - 3 tahun                                 3.061                          -                   More than 2 - 3 years
       Diatas 3 tahun                                     5.100                          -                     More than 3 years

     Sub-total                                           14.283                          -                                  Sub-total




                                                             51
Page 347
                                                                               The original financial statements included herein are in the
                                                                                                                     Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                                PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                                     As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                               and for the Year Then Ended
               pada Tanggal tersebut                                                 (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                                unless otherwise stated)
              kecuali dinyatakan lain)


5.   PIUTANG SEWA PEMBIAYAAN (lanjutan)                                   5.     FINANCE LEASE RECEIVABLES (continued)

     Pengelompokan piutang yang akan diterima dari                               Classification of receivables which will be
     konsumen menurut periode jatuh tempo angsuran                               collected from consumers in accordance with
     adalah sebagai berikut (lanjutan):                                          installment due period are as follows (continued):

                                                31 Desember/              31 Desember/
                                              December 31, 2024         December 31, 2023

     Pihak ketiga                                                                                                           Third parties
       Telah jatuh tempo                                    69.467                    52.236                                  Past due
       Dalam satu tahun                                  1.265.033                   876.388                              Within 1 year
       Diatas 1 - 2 tahun                                  837.620                   624.483                      More than 1 - 2 years
       Diatas 2 - 3 tahun                                  338.773                   267.464                      More than 2 - 3 years
       Diatas 3 tahun                                       63.065                    44.335                        More than 3 years

     Sub-total                                           2.573.958                 1.864.906                                       Sub-total

     Piutang sewa pembiayaan-bruto                       2.588.241                 1.864.906             Finance lease receivables-gross


     Pengelompokan piutang sewa pembiayaan-bruto                                 Classification of finance lease receivables-gross
     menurut hari tunggakan adalah sebagai berikut:                              based on days overdue are as follows:

                                                31 Desember/              31 Desember/
                                              December 31, 2024         December 31, 2023

     Lancar                                              2.518.774                 1.812.670                                        Current
     1-30 hari                                              33.986                    28.212                                      1-30 days
     31-60 hari                                             12.651                     8.171                                     31-60 days
     61-90 hari                                              9.673                     4.381                                     61-90 days
     >90 hari                                               13.157                    11.472                                       >90 days

     Piutang sewa pembiayaan-bruto                       2.588.241                 1.864.906             Finance lease receivables-gross


     Piutang sewa pembiayaan pada tanggal-tanggal                                Finance lease receivables as of December 31,
     31 Desember 2024 dan 2023 masing-masing                                     2024 and 2023 amounting to Rp6,638 and
     sebesar Rp6.638 dan Rp6.574 digunakan sebagai                               Rp6,574 were used as collateral for bank loans
     jaminan atas utang bank (Catatan 13), dan masing-                           (Note 13) and amounting to Rp2,444 and Rp1,894
     masing sebesar Rp2.444 dan Rp1.894 digunakan                                were used as collateral for bonds payable,
     sebagai jaminan atas utang obligasi (Catatan 16).                           respectively (Note 16).

     Analisis atas perubahan dalam nilai tercatat bruto                          An analysis of change in the gross carrying
     dan cadangan atas kerugian kredit ekspektasian                              amount and the corresponding expected credit
     terkait piutang sewa pembiayaan adalah sebagai                              loss allowances of finance lease receivables are
     berikut:                                                                    as follows:


                                                       31 Desember/December 31, 2024

                                         Tahap 1/         Tahap 2/          Tahap 3/
                                         Stage 1          Stage 2           Stage 3              Total

     Nilai tercatat bruto awal            1.651.559           17.089              13.738        1.682.386     Beginning gross carrying amount
     Dipindahkan ke tahap 1                   8.875           (8.875)                  -                -                   Transfer to stage 1
     Dipindahkan ke tahap 2                 (27.110)          27.110                   -                -                   Transfer to stage 2
     Dipindahkan ke tahap 3                  (6.461)          (1.408)              7.869                -                   Transfer to stage 3
     Aset baru                            1.453.120           16.523               4.258        1.473.901               New assets originated
     Perubahan neto                        (644.745)          (8.669)              4.244         (649.170)                         Net change
     Aset dihentikan pengakuannya                                                                                        Assets derecognized
         selain karena penghapusbukuan     (143.878)          (6.534)              (4.287)        (154.699)              other than write-off
     Penghapusbukuan                              -                -              (14.194)         (14.194)                            Write-off

     Nilai tercatat bruto akhir           2.291.360           35.236              11.628        2.338.224      Ending gross carrying amount




                                                                 52
Page 348
                                                                             The original financial statements included herein are in the
                                                                                                                   Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                               PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                                    As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                              and for the Year Then Ended
              pada Tanggal tersebut                                                (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                               unless otherwise stated)
             kecuali dinyatakan lain)


5.   PIUTANG SEWA PEMBIAYAAN (lanjutan)                                 5.     FINANCE LEASE RECEIVABLES (continued)

     Analisis atas perubahan dalam nilai tercatat bruto                        An analysis of change in the gross carrying
     dan cadangan atas kerugian kredit ekspektasian                            amount and the corresponding expected credit
     terkait piutang sewa pembiayaan adalah sebagai                            loss allowances of finance lease receivables are
     berikut (lanjutan):                                                       as follows (continued):


                                                       31 Desember/December 31, 2023

                                         Tahap 1/         Tahap 2/       Tahap 3/
                                         Stage 1          Stage 2        Stage 3               Total

     Nilai tercatat bruto awal            1.045.399           15.450             1.735        1.062.584     Beginning gross carrying amount
     Dipindahkan ke tahap 1                   2.596           (2.596)                -                -                   Transfer to stage 1
     Dipindahkan ke tahap 2                  (9.524)           9.524                 -                -                   Transfer to stage 2
     Dipindahkan ke tahap 3                 (11.314)         (10.388)           21.702                -                   Transfer to stage 3
     Aset baru                            1.133.809           10.422             2.396        1.146.627               New assets originated
     Perubahan neto                        (390.000)          (2.918)           (6.512)        (399.430)                         Net change
     Aset dihentikan pengakuannya                                                                                      Assets derecognized
         selain karena penghapusbukuan     (119.407)          (2.405)            (1.925)        (123.737)              other than write-off
     Penghapusbukuan                              -                -             (3.658)          (3.658)                            Write-off

     Nilai tercatat bruto akhir           1.651.559           17.089            13.738        1.682.386     Ending gross carrying amount



                                                       31 Desember/December 31, 2024

                                         Tahap 1/         Tahap 2/       Tahap 3/
                                         Stage 1          Stage 2        Stage 3               Total

     Cadangan kerugian atas kerugian                                                                          Beginning expected credit loss
        kredit ekspektasian awal             10.744            1.568             4.064           16.376                        allowance
     Dipindahkan ke tahap 1                     821             (821)                -                -                  Transfer to stage 1
     Dipindahkan ke tahap 2                    (259)             259                 -                -                  Transfer to stage 2
     Dipindahkan ke tahap 3                     (68)            (116)              184                -                  Transfer to stage 3
     Aset baru                               11.014            1.717             5.500           18.231               New assets originated
     Perubahan neto                          (9.279)           1.241            10.313            2.275                         Net change
     Aset dihentikan pengakuannya                                                                                      Assets derecognized
        selain karena penghapusbukuan        (1.288)            (625)            (2.246)          (4.159)             other than write-off
     Penghapusbukuan                              -                -            (14.194)         (14.194)                           Write-off

     Cadangan kerugian atas kerugian                                                                           Ending expected credit loss
       kredit ekspektasian akhir             11.685            3.223             3.621           18.529                      allowance



                                                       31 Desember/December 31, 2023

                                         Tahap 1/         Tahap 2/       Tahap 3/
                                         Stage 1          Stage 2        Stage 3               Total

     Cadangan kerugian atas kerugian                                                                          Beginning expected credit loss
        kredit ekspektasian awal              8.168              467               951            9.586                        allowance
     Dipindahkan ke tahap 1                     263             (263)                -                -                  Transfer to stage 1
     Dipindahkan ke tahap 2                    (130)             130                 -                -                  Transfer to stage 2
     Dipindahkan ke tahap 3                    (191)            (154)              345                -                  Transfer to stage 3
     Aset baru                               10.279            1.147             4.823           16.249               New assets originated
     Perubahan neto                          (7.120)             289             2.867           (3.964)                        Net change
     Aset dihentikan pengakuannya                                                                                      Assets derecognized
        selain karena penghapusbukuan          (525)             (48)            (1.264)          (1.837)             other than write-off
     Penghapusbukuan                              -                -             (3.658)          (3.658)                           Write-off

     Cadangan kerugian atas kerugian                                                                           Ending expected credit loss
       kredit ekspektasian akhir             10.744            1.568             4.064           16.376                      allowance



     Aset dihentikan pengakuannya selain karena                                Assets derecognized other than write-off
     penghapusbukuan merupakan piutang yang telah                              represents receivables which have been fully paid
     dilunasi oleh debitur.                                                    by debtors.




                                                                 53
Page 349
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                            As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                      and for the Year Then Ended
               pada Tanggal tersebut                                        (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)
              kecuali dinyatakan lain)


5.   PIUTANG SEWA PEMBIAYAAN (lanjutan)                          5.     FINANCE LEASE RECEIVABLES (continued)

     Untuk tahun yang berakhir pada tanggal                             For the years ended December 31, 2024 and 2023,
     31 Desember 2024 dan 2023, pembentukan                             provision on impairment losses during the current
     cadangan kerugian penurunan nilai selama tahun                     year amounted to Rp16,347 and Rp10,448,
     berjalan masing-masing sebesar Rp16.347 dan                        respectively.
     Rp10.448.

     Manajemen berkeyakinan bahwa cadangan atas                         Management believes that the above allowance
     kerugian penurunan nilai piutang sewa pembiayaan                   for impairment losses on finance lease receivables
     di atas dapat mencukupi untuk menutup kerugian                     is sufficient to cover losses from impairment of
     atas penurunan nilai piutang tersebut.                             such receivables.

     Perusahaan telah melakukan restrukturisasi                         The Company has restructured it’s financing for
     pembiayaan untuk debitur yang terkena dampak                       debtors affected by the Covid-19 pandemic by
     pandemi Covid-19 yaitu perpanjangan jangka                         extensions of credit terms and/or reduction of
     waktu dan/atau penurunan tingkat bunga sesuai                      interest rates in accordance with POJK
     dengan POJK No. 14/POJK.05/2020 “Kebijakan                         No. 14/POJK.05/2020 "Countercyclical Policy
     Countercyclical Dampak Penyebaran Coronavirus                      Impact of the Spread of Coronavirus Disease
     Disease 2019 bagi Lembaga Jasa Keuangan                            2019 for Non-Bank Financial Services Institutions"
     Non-Bank” tanggal 17 April 2020. Sesuai dengan                     dated April 17, 2020. Based on the
     kebijakan tersebut, kualitas aset pembiayaan pada                  aforementioned regulation, the restructured
     saat direstrukturisasi ditetapkan lancar.                          financing asset quality is classified as current at
                                                                        restructuring date.

                                           31 Desember/          31 Desember/
                                         December 31, 2024     December 31, 2023

     Kredit yang direstrukturisasi                        -                    2.543                         Restructured loans
     Dikurangi:                                                                                                           Less:
     Cadangan kerugian penurunan nilai                    -                        (1)          Allowance for impairment losses

     Saldo akhir                                          -                    2.542                             Ending balance




6.   PIUTANG PEMBIAYAAN KONSUMEN                                 6.     CONSUMER FINANCING RECEIVABLES

                                           31 Desember/          31 Desember/
                                         December 31, 2024     December 31, 2023

     Pihak berelasi (Catatan 31)                                                                      Related party (Note 31)
       Piutang pembiayaan konsumen                  21.556                    16.887          Consumer financing receivables
       Pendapatan pembiayaan konsumen                                                          Unearned consumer financing
         belum diakui                                (3.791)                 (3.048)                               income

     Total pihak berelasi                           17.765                    13.839                          Total related party

     Pihak ketiga                                                                                                 Third parties
       Piutang pembiayaan konsumen                7.296.594               7.744.158           Consumer financing receivables
       Pendapatan pembiayaan konsumen                                                                   Unearned consumer
         belum diakui                             (724.036)                 (797.531)                    financing income

     Total pihak ketiga                           6.572.558               6.946.627                           Total third parties

     Pendapatan ditangguhkan                      (998.473)                 (928.697)                            Deferred income

     Total piutang pembiayaan konsumen            5.591.850               6.031.769      Total consumer financing receivables
     Cadangan kerugian penurunan nilai             (35.199)                 (43.168)            Allowance for impairment losses

     Piutang pembiayaan-neto                      5.556.651               5.988.601        Consumer financing receivable-net




                                                         54
Page 350
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                               As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                         and for the Year Then Ended
               pada Tanggal tersebut                                           (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                          unless otherwise stated)
              kecuali dinyatakan lain)


6.   PIUTANG PEMBIAYAAN KONSUMEN (lanjutan)                         6.     CONSUMER            FINANCING           RECEIVABLES
                                                                           (continued)


                                                 Pada tanggal 31 Desember/
                                                    As of December 31,

                                                  2024                    2023

     Tingkat suku bunga efektif rata-rata                                                                  Annual average effective
        per tahun                                        7,54%                 7,57%                                 interest rate


     Total piutang pembiayaan konsumen-bruto yang                         As of December 31, 2024 and 2023, total
     dikelola    Perusahaan    pada   tanggal-tanggal                     consumer financing receivables-gross managed by
     31 Desember 2024 dan 2023, termasuk piutang                          the Company, include consumer financing
     pembiayaan yang dibiayai oleh pihak lain dalam                       receivables financed by other parties under joint
     perjanjian pembiayaan bersama (Catatan 35).                          financing arrangement (Note 35).
     Pengelompokan piutang yang akan diterima dari                        Classification of receivables which will be collected
     konsumen menurut periode jatuh tempo angsuran                        from consumers in accordance with installment due
     adalah sebagai berikut:                                              period are as follows:

                                              31 Desember/          31 Desember/
                                            December 31, 2024     December 31, 2023

     Pihak berelasi                                                                                                  Related party
       Dalam 1 tahun                                      6.345                   4.862                             Within 1 year
       Diatas 1 - 2 tahun                                 6.039                   4.448                     More than 1 - 2 years
       Diatas 2 - 3 tahun                                 4.968                   4.102                     More than 2 - 3 years
       Diatas 3 tahun                                     4.204                   3.475                       More than 3 years

     Sub-total                                           21.556                  16.887                                    Sub-total

     Pihak ketiga                                                                                                     Third parties
       Telah jatuh tempo                              388.998                  472.768                                  Past due
       Dalam 1 tahun                                3.285.538                3.375.105                              Within 1 year
       Diatas 1 - 2 tahun                           1.968.009                2.084.302                      More than 1 - 2 years
       Diatas 2 - 3 tahun                           1.047.696                1.103.006                      More than 2 - 3 years
       Diatas 3 tahun                                 606.353                  708.977                        More than 3 years

     Sub-total                                      7.296.594                7.744.158                                     Sub-total

     Piutang pembiayaan                                                                                       Consumer financing
       konsumen-bruto                               7.318.150                7.761.045                        receivables-gross


     Pengelompokan piutang pembiayaan konsumen-                            Classification of consumer financing receivables-
     bruto menurut hari tunggakan sebagai berikut:                         gross based on overdue days are as follows:

                                              31 Desember/          31 Desember/
                                            December 31, 2024     December 31, 2023

     Lancar                                         6.929.152                7.288.277                                      Current
     1-30 hari                                        277.042                  342.543                                    1-30 days
     31-60 hari                                        67.192                   79.963                                   31-60 days
     61-90 hari                                        16.596                   21.500                                   61-90 days
     >90 hari                                          28.168                   28.762                                     >90 days

     Total piutang pembiayaan                                                                           Total consumer financing
       konsumen-bruto                               7.318.150                7.761.045                        receivable-gross




                                                             55
Page 351
                                                                                      The original financial statements included herein are in the
                                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                                       PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                                            As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                                      and for the Year Then Ended
               pada Tanggal tersebut                                                        (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                                       unless otherwise stated)
              kecuali dinyatakan lain)


6.   PIUTANG PEMBIAYAAN KONSUMEN (lanjutan)                                      6.     CONSUMER              FINANCING         RECEIVABLES
                                                                                        (continued)

     Pada tanggal-tanggal 31 Desember 2024 dan                                          As of December 31, 2024 and 2023, all
     2023, seluruh pembiayaan konsumen merupakan                                        consumers financing represents interest-bearing
     piutang yang dikenakan bunga yang timbul dari                                      receivables arising from financing activities in the
     kegiatan pembiayaan dalam bentuk pinjaman                                          form of multi purpose financing and murabahah
     multiguna dan murabahah yang diberikan kepada                                      granted to consumers for vehicles financing
     konsumen untuk pembiayaan kendaraan bermotor                                       purposes in Rupiah.
     dalam mata uang Rupiah.

     Sebagai jaminan atas pembiayaan konsumen yang                                      As collateral to the consumer financing
     diberikan, Perusahaan menerima jaminan dari                                        receivables, the Company receives the ownership
     konsumen berupa Bukti Pemilikan Kendaraan                                          certificates (“BPKB”) of the financed vehicles.
     Bermotor (“BPKB”) dari kendaraan bermotor yang
     dibiayai.

     Perusahaan menggunakan piutang pembiayaan                                          The Company uses consumer financing
     konsumen yang dimiliki sebagai jaminan utang                                       receivables as collateral for bank loans and bonds
     bank dan utang obligasi.                                                           payable.

     Piutang pembiayaan konsumen pada tanggal-                                          Consumer financing receivables as of December
     tanggal 31 Desember 2024 dan 2023 masing-                                          31, 2024 and 2023 amounting to Rp753,092 and
     masing sebesar Rp753.092 dan Rp1.139.714                                           Rp1,139,714 were used as collateral to bank
     digunakan sebagai jaminan atas utang bank                                          loans (Note 13), and amounting to Rp397.557 and
     (Catatan 13), dan masing-masing sebesar                                            Rp823.106 were used as collateral for bonds
     Rp397.557 dan Rp823.106 digunakan sebagai                                          payable, respectively (Note 16).
     jaminan utang obligasi (Catatan 16).

     Analisis atas perubahan dalam nilai tercatat bruto                                 An analysis of change in the gross carrying
     dan cadangan atas kerugian kredit ekspektasian                                     amount and the corresponding expected credit
     terkait piutang pembiayaan konsumen adalah                                         loss allowances of consumer financing receivables
     sebagai berikut:                                                                   are as follows:
                                                            31 Desember/December 31, 2024

                                        Tahap 1/       Tahap 2/       Tahap 3/
                                        Tahap 1        Stage 2        Stage 3         Murabahah       Total

     Nilai tercatat bruto awal            5.444.736       154.848           21.192         410.993     6.031.769     Beginning gross carrying amount
     Dipindahkan ke tahap 1                  57.424       (56.632)            (792)              -             -                  Transfer to stage 1
     Dipindahkan ke tahap 2                 (73.233)       73.457             (224)              -             -                  Transfer to stage 2
     Dipindahkan ke tahap 3                 (15.410)       (6.663)          22.073               -             -                  Transfer to stage 3
     Aset baru                            2.841.453        90.631            4.004         226.136     3.162.224               New assets originated
     Perubahan neto                      (2.201.027)      (44.461)          60.560        (117.206)   (2.302.134)                        Net change
     Aset dihentikan pengakuannya                                                                                               Assets derecognized
        selain karena penghapusbukuan    (1.093.652)       (63.763)       (32.465)         (52.386)   (1.242.266)              other than write-off
     Penghapusbukuan                              -              -        (55.922)          (1.821)      (57.743)                            Write-off

     Nilai tercatat bruto akhir           4.960.291       147,417           18.426         465.716    5.591.850      Ending gross carrying amount


                                                            31 Desember/December 31, 2023

                                        Tahap 1/       Tahap 2/       Tahap 3/
                                        Tahap 1        Stage 2        Stage 3         Murabahah       Total

     Nilai tercatat bruto awal            5.273.813        518.522         15.194          236.846     6.044.375     Beginning gross carrying amount
     Dipindahkan ke tahap 1                 350.262       (349.709)          (553)               -             -                  Transfer to stage 1
     Dipindahkan ke tahap 2                 (82.030)        82.122            (92)               -             -                  Transfer to stage 2
     Dipindahkan ke tahap 3                 (12.341)        (6.561)        18.902                -             -                  Transfer to stage 3
     Aset baru                            2.734.298         74.557          6.283          269.954     3.085.092               New assets originated
     Perubahan neto                      (1.877.263)       (26.367)        59.736          (64.772)   (1.908.666)                        Net change
     Aset dihentikan pengakuannya          (942.003)      (137.716)       (15.891)         (30.681)   (1.126.291)               Assets derecognized
        selain karena penghapusbukuan                                                                                          other than write-off
     Penghapusbukuan                               -              -       (62.387)            (354)      (62.741)                            Write-off

     Nilai tercatat bruto akhir           5.444.736       154.848           21.192         410.993    6.031.769      Ending gross carrying amount



                                                                       56
Page 352
                                                                                      The original financial statements included herein are in the
                                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                                       PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                                       NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                                            As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                                      and for the Year Then Ended
               pada Tanggal tersebut                                                        (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                                       unless otherwise stated)
              kecuali dinyatakan lain)


6.   PIUTANG PEMBIAYAAN KONSUMEN (lanjutan)                                      6.     CONSUMER              FINANCING         RECEIVABLES
                                                                                        (continued)

     Analisis atas perubahan dalam nilai tercatat bruto                                 An analysis of change in the gross carrying
     dan cadangan atas kerugian kredit ekspektasian                                     amount and the corresponding expected credit
     terkait piutang pembiayaan konsumen adalah                                         loss allowances of consumer financing receivables
     sebagai berikut (lanjutan):                                                        are as follows (continued):

                                                            31 Desember/December 31, 2024

                                        Tahap 1/       Tahap 2/       Tahap 3/
                                        Tahap 1        Stage 2        Stage 3         Murabahah       Total

     Cadangan kerugian atas kerugian                                                                                   Beginning expected credit loss
        kredit ekspektasian awal           20.162         12.938            6.588           3.480       43.168                          allowance
     Dipindahkan ke tahap 1                  4.546          (4.321)           (225)             -             -                   Transfer to stage 1
     Dipindahkan ke tahap 2                   (532)            596             (64)             -             -                   Transfer to stage 2
     Dipindahkan ke tahap 3                   (170)           (726)            896              -             -                   Transfer to stage 3
     Aset baru                              12.728           8.050           1.462          1.930        24.170                New assets originated
     Perubahan neto                        (13.657)          1.848          55.021             33        43.245                          Net change
     Aset dihentikan pengakuannya                                                                                               Assets derecognized
        selain karena penghapusbukuan        (7.847)        (7.236)        (2.214)            (344)     (17.641)               other than write-off
     Penghapusbukuan                              -              -        (55.922)          (1.821)     (57.743)                             Write-off

     Cadangan kerugian atas kerugian                                                                                    Ending expected credit loss
     kredit ekspektasian akhir              15.230        11.149            5.542           3.278       35.199                        allowance




                                                            31 Desember/December 31, 2023

                                        Tahap 1/       Tahap 2/       Tahap 3/
                                        Tahap 1        Stage 2        Stage 3         Murabahah       Total

     Cadangan kerugian atas kerugian                                                                                   Beginning expected credit loss
        kredit ekspektasian awal            23.572         11.809           4.920           1.390        41.691                         allowance
     Dipindahkan ke tahap 1                  4.865         (4.652)           (213)              -             -                   Transfer to stage 1
     Dipindahkan ke tahap 2                   (674)           700             (26)              -             -                   Transfer to stage 2
     Dipindahkan ke tahap 3                   (147)          (726)            873               -             -                   Transfer to stage 3
     Aset baru                              15.939          7.290           2.337           3.302        28.868                New assets originated
     Perubahan neto                        (21.203)         3.039          85.804            (648)       66.992                          Net change
     Aset dihentikan pengakuannya           (2.190)        (4.522)        (24.720)           (210)      (31.642)                Assets derecognized
        selain karena penghapusbukuan                                                                                          other than write-off
     Penghapusbukuan                               -              -       (62.387)           (354)      (62.741)                             Write-off

     Cadangan kerugian atas kerugian                                                                                    Ending expected credit loss
     kredit ekspektasian akhir              20.162         12.938            6.588          3.480        43.168                       allowance



     Aset dihentikan pengakuannya selain karena                                         Assets derecognized other than write-off
     penghapusbukuan merupakan piutang yang telah                                       represents receivables which have been fully paid
     dilunasi oleh debitur.                                                             by debtors.

     Untuk tahun yang berakhir pada tanggal                                             For the years ended December 31, 2024 and 2023,
     31 Desember 2024 dan 2023, pembentukan                                             provision on impairment losses during the current
     cadangan kerugian penurunan nilai selama tahun                                     year amounted to Rp49,774 and Rp64,218,
     berjalan masing-masing sebesar Rp49.774 dan                                        respectively.
     Rp64.218.

     Pada tanggal-tanggal 31 Desember 2024 dan 2023,                                    As of December 31, 2024 and 2023, all consumer
     seluruh piutang pembiayaan konsumen yang                                           financing receivables granted to consumers were
     diberikan kepada konsumen dinilai secara kolektif                                  collectively assessed for impairment.
     penurunan nilainya.

     Manajemen berkeyakinan bahwa cadangan atas                                         Management believes that the above allowance
     penurunan nilai piutang pembiayaan konsumen di                                     for impairment losses on consumer financing
     atas dapat mencukupi untuk menutup kerugian                                        receivables is sufficient to cover losses from
     atas penurunan nilai piutang tersebut.                                             impairment of such receivables.


                                                                       57
Page 353
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                           PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                                As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                          and for the Year Then Ended
               pada Tanggal tersebut                                            (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                           unless otherwise stated)
              kecuali dinyatakan lain)


6.   PIUTANG PEMBIAYAAN KONSUMEN (lanjutan)                          6.     CONSUMER            FINANCING           RECEIVABLES
                                                                            (continued)

     Perusahaan telah melakukan restrukturisasi                             The Company has restructured it’s financing for
     pembiayaan untuk debitur yang terkena dampak                           debtors affected by the Covid-19 pandemic by
     pandemi Covid-19 yaitu perpanjangan jangka                             extensions of credit terms and/or reduction of
     waktu dan/atau penurunan tingkat bunga sesuai                          interest rates in accordance with POJK
     dengan POJK No. 14/POJK.05/2020 “Kebijakan                             No. 14/POJK.05/2020 "Countercyclical Policy
     Countercyclical Dampak Penyebaran Coronavirus                          Impact of the Spread of Coronavirus Disease
     Disease 2019 bagi Lembaga Jasa Keuangan Non-                           2019 for Non-Bank Financial Services Institutions"
     Bank” tanggal 17 April 2020. Sesuai dengan                             dated April 17, 2020. Based on the
     kebijakan tersebut, kualitas aset pembiayaan pada                      aforementioned regulation, the restructured
     saat direstrukturisasi ditetapkan lancar.                              financing asset quality is classified as current at
                                                                            restructuring date.

                                            31 Desember/             31 Desember/
                                          December 31, 2024        December 31, 2023

     Kredit yang direstrukturisasi                    15.976                      87.000                           Restructured loans
     Dikurangi:                                                                                                                 Less:
     Cadangan kerugian                                                                                                     Allowance
       penurunan nilai                                     (180)                   (1.255)                   for impairment losses

     Saldo akhir                                      15.796                      85.745                             Ending balance




7.   PIUTANG LAIN-LAIN                                               7.     OTHER RECEIVABLES

                                            31 Desember/             31 Desember/
                                          December 31, 2024        December 31, 2023

     Pihak ketiga                                                                                                      Third parties
       Piutang karyawan                                5.595                       5.797                   Employee receivables
       Piutang premi asuransi                          4.292                       3.179         Insurance premiums receivables
       Piutang ijarah                                      -                          68                       Ijarah receivables

       Sub-total                                       9.887                       9.044                                 Sub-total

     Total piutang lain-lain                           9.887                       9.044                    Total other receivables

     Cadangan kerugian penurunan nilai                     (121)                     (37)           Allowance for impairment losses

     Piutang lain-lain-neto                            9.766                       9.007                      Other receivables-net



     Manajemen Perusahaan berkeyakinan bahwa                                The Company’s management believes that the
     jumlah cadangan kerugian penurunan nilai di atas                       above allowance for impairment losses is
     adalah memadai untuk menutup kemungkinan                               adequate to cover possible losses that may arise
     kerugian yang timbul dari tidak tertagihnya piutang                    from uncollectible other receivables.
     lain-lain.




                                                              58
Page 354
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                            As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                      and for the Year Then Ended
              pada Tanggal tersebut                                        (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)
             kecuali dinyatakan lain)


8.   ASET DIPEROLEH UNTUK IJARAH                                8.     ASSETS ACQUIRED FOR IJARAH



                                                31 Desember/December 31, 2024

                                  Saldo Awal/                                      Saldo Akhir/
                                   Beginning    Penambahan/     Pengurangan/         Ending
                                    Balance       Additions      Deductions          Balance

     Biaya Perolehan                                                                                                          Cost
     Kendaraan bermotor                 5.866           8.952            (4.400)         10.418                      Motor vehicles

     Total Biaya Perolehan              5.866           8.952            (4.400)         10.418                          Total Cost

     Akumulasi Penyusutan                                                                               Accumulated Depreciation
       Kendaraan bermotor               3.127           3.450            (4.400)          2.177                  Motor vehicles

                                                                                                                 Total Accumulated
     Total Akumulasi Penyusutan         3.127           3.450            (4.400)          2.177                     Depreciation

     Total Tercatat                     2.739                                             8.241                  Carrying Amount




                                                31 Desember/December 31, 2023

                                  Saldo Awal/                                      Saldo Akhir/
                                   Beginning    Penambahan/     Pengurangan/         Ending
                                    Balance       Additions      Deductions          Balance

     Biaya Perolehan                                                                                                          Cost
        Kendaraan bermotor              5.214           1.467             (815)           5.866                   Motor vehicles

     Total Biaya Perolehan              5.214           1.467             (815)           5.866                          Total Cost

     Akumulasi Penyusutan                                                                               Accumulated Depreciation
       Kendaraan bermotor               1.199           2.743             (815)           3.127                  Motor vehicles

                                                                                                                 Total Accumulated
     Total Akumulasi Penyusutan         1.199           2.743             (815)           3.127                     Depreciation

     Total Tercatat                     4.015                                             2.739                  Carrying Amount




     Beban penyusutan untuk tahun yang berakhir pada                   Depreciation charged to operation for the year
     tanggal 31 Desember 2024 dan 2023 masing-                         ended December 31, 2024 and 2023 amounting to
     masing sebesar Rp3.450 dan Rp2.743 diakui                         Rp3,450 and Rp2,743, respectively were recorded
     sebagai bagian dari pendapatan sewa ijarah-neto                   as part of income from ijarah rent-net at statement
     pada laporan laba rugi dan penghasilan                            of profit or loss and other comprehensive income.
     komprehensif lain.




                                                         59
Page 355
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                            As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                      and for the Year Then Ended
              pada Tanggal tersebut                                        (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)
             kecuali dinyatakan lain)


9.   INVESTASI SAHAM                                            9.     INVESTMENT IN SHARES

     Berdasarkan Akta Pemindahan Hak Atas Saham                        Based on Deed of Transfer Right of Shares
     No. 16 tanggal 12 Januari 2018 dari Notaris Jose                  No. 16 dated January 12, 2018 of Notary Jose
     Dima Satria, S.H., M.Kn., Perusahaan membeli                      Dima Satria, S.H., M.Kn., the Company
     saham     PT Maybank        Sekuritas    Indonesia                purchased PT Buana Adhitutama’s shares of
     (sebelumnya PT Maybank Kim Eng Sekuritas) milik                   PT Maybank Sekuritas Indonesia (formerly
     PT Buana Adhiutama sebanyak 7.500.000 lembar                      PT Maybank Kim Eng Sekuritas) of 7,500,000
     saham (dalam nilai penuh) dengan nilai nominal per                shares (in full amount) with total nominal amount
     saham seluruhnya sebesar Rp7.500 yang mewakili                    Rp7,500 which represents 15% of ownership of
     15% kepemilikan atas modal yang ditempatkan dan                   issued     and     fully    paid     capital   of
     disetor penuh pada PT Maybank Sekuritas                           PT Maybank Sekuritas Indonesia (formerly
     Indonesia (sebelumnya PT Maybank Kim Eng                          PT Maybank Kim Eng Sekuritas) with total
     Sekuritas) dengan harga pembelian sebesar                         purchase price amounted to Rp107,004. This
     Rp107.004. Pembelian saham ini juga telah                         purchase of shares has been stated in the
     dinyatakan     dalam     Pernyataan     Keputusan                 Declaration of Shareholders Resolution of
     Pemegang Saham PT Maybank Sekuritas                               PT Maybank Sekuritas Indonesia (formerly
     Indonesia (sebelumnya PT Maybank Kim Eng                          PT Maybank Kim Eng Sekuritas) which has been
     Sekuritas) yang telah diaktakan dengan Akta                       notarized by Deed No. 15 dated January 12, 2018
     Notaris No. 15 tanggal 12 Januari 2018 dari Notaris               of Notary Jose Dima Satria, S.H., M.Kn and have
     Jose Dima Satria, S.H., M.Kn. dan telah dicatat dan               been acknowledge by the Ministry of Laws and
     diterima oleh Menteri Hukum dan Hak Asasi                         Human Rights of the Republic of Indonesia No.
     Manusia Republik Indonesia melalui suratnya                       AHU-AH.01.03-0016804 dated January 15,
     No. AHU-AH.01.03-0016804 tanggal 15 Januari                       2018.).
     2018.

     Berdasarkan akta keputusan Pemegang Saham                         Based on Shareholders decision Act No. 125
     No. 125 Tanggal 19 November 2018 dari Notaris                     dated November 19, 2018 notarized by Jose
     Jose       Dima       Satria,   S.H.,    M.Kn.                    Dima Satria, S.H., M.Kn, PT Maybank Indonesia
     PT Maybank Indonesia Finance membeli tambahan                     Finance purchased additional 52,500,000 shares
     52.500.000 lembar saham senilai Rp52.500 untuk                    amounted to Rp52,500 in order to maintain 15%
     mempertahankan 15% kepemilikan PT Maybank                         ownership of PT Maybank Sekuritas Indonesia
     Sekuritas Indonesia (sebelumnya PT Maybank Kim                    (formerly PT Maybank Kim Eng Sekuritas).
     Eng Sekuritas).

     Berdasarkan surat No. 025-DIR/MSID-CS/V/2023                      Based on letter No. 025-DIR/MSID-CS/V/2023
     tanggal 31 Mei 2023 tentang Pemberitahuan                         dated May 31, 2023 regarding Notification on
     Pembagian dan Pembayaran Dividen Interim                          Distribution and Payment of Interim Dividend Year
     Tahun 2022, PT Maybank Sekuritas Indonesia                        2022, PT Maybank Sekuritas Indonesia (formerly
     (sebelumnya PT Maybank Kim Eng Sekuritas)                         PT Maybank Kim Eng Sekuritas) has been
     telah membagikan dan membayar dividen untuk                       distributed and paid dividend for the year 2022
     tahun buku 2022 berdasarkan laba bersih paruh                     based on net profit in second semester of 2022
     buku kedua 2022 sebesar Rp11.010. Dividen                         amounted to Rp11,010.The dividend has been
     tersebut telah diterima pada tanggal 14 Juni 2023                 received on June 14, 2023 and recorded as part
     dan dicatat sebagai bagian dari pendapatan lain-                  of other income on the statement of profit or loss
     lain pada laporan laba rugi dan penghasilan                       and other comprehensive income (Note 25).
     komprehensif lain (Catatan 25).




                                                           60
Page 356
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                       PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                       NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                            As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                      and for the Year Then Ended
               pada Tanggal tersebut                                        (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                       unless otherwise stated)
              kecuali dinyatakan lain)


9.   INVESTASI SAHAM (lanjutan)                                  9.     INVESTMENT IN SHARES (continued)

     Berdasarkan surat No. 026-DIR/MSID-CS/VI/2024                      Based on letter No. 026-DIR/MSID-CS/VI/2024
     tanggal 7 Juni 2024 tentang Pemberitahuan                          dated June 7, 2024 regarding Notification on
     Pembagian dan Pembayaran Dividen Interim                           Distribution and Payment of Interim Dividend
     Tahun 2023, PT Maybank Sekuritas Indonesia                         Year 2023, PT Maybank Sekuritas Indonesia
     (sebelumnya PT Maybank Kim Eng Sekuritas)                          (formerly PT Maybank Kim Eng Sekuritas) has
     telah membagikan dan membayar dividen untuk                        been distributed and paid dividend for the year
     tahun buku 2023 berdasarkan laba bersih paruh                      2023 based on net profit in second semester of
     buku kedua 2023 sebesar Rp14.910. Dividen                          2023 amounted to Rp14,910.The dividend has
     tersebut telah diterima pada tanggal 13 Juni 2024                  been received on June 13, 2024 and recorded as
     dan dicatat sebagai bagian dari pendapatan lain-                   part of other income on the statement of profit or
     lain pada laporan laba rugi dan penghasilan                        loss and other comprehensive income (Note 25).
     komprehensif lain (Catatan 25)

     Opsi jual                                                          Sell Option

     Perusahaan berhak (namun tidak berkewajiban)                       The Company has a right (but not obligation) to
     untuk mensyaratkan Maybank Kim Eng Holding                         require Maybank Kim Eng Holding Limited or its
     Limited atau Perusahaan berelasi yang termasuk                     related parties in Maybank Kim Eng Group,
     dalam Grup Maybank Kim Eng, selama periode                         during the option period (between April 25, 2019 -
     Opsi (antara 25 April 2019 - 24 April 2024), untuk                 April 24, 2024), to purchase PT Maybank
     membeli saham PT Maybank Sekuritas Indonesia                       Sekuritas Indonesia’s (formerly PT Maybank Kim
     (sebelumnya PT Maybank Kim Eng Sekuritas)                          Eng Sekuritas) shares owned by the Company at
     yang dimiliki Perusahaan pada harga pembelian.                     a purchase price.

     Pada tanggal 9 Januari 2024, Perusahaan                            On January 9, 2024, the Company obtained
     mendapatkan perpanjangan surat Opsi untuk                          Obtain extension letter to sell Investment in
     menjual investasi Saham PT Maybank Sekuritas                       Shares of PT Maybank Sekuritas Indonesia at
     Indonesia pada harga pembelian kepada Maybank                      a purchase price to Maybank Kim Eng Holding
     Kim Eng Holding Limited atau Perusahaan berelasi                   Limited or its related parties in Maybank Kim Eng
     yang termasuk dalam Grup Maybank Kim Eng                           Group, during the option period (between
     selama periode perpanjangan Opsi (antara 25 April                  April 25, 2024 - April 24, 2029).
     2024 - 24 April 2029).

10. BEBAN DIBAYAR DIMUKA DAN UANG MUKA                           10. PREPAID            EXPENSES           AND       ADVANCE
                                                                     PAYMENT
                                           31 Desember/          31 Desember/
                                         December 31, 2024     December 31, 2023

     Pemeliharaan sistem                             10.638                    4.430                       Software maintenance
     Renovasi gedung                                  1.904                    2.067                          Building renovation
     Uang muka                                          853                      686                           Advance payment
     Sewa rumah                                         253                      199                                 House rental
     Lain-lain                                          498                      832                                      Others

     Total                                           14.146                    8.214                                        Total


     Pos lain-lain terutama terdiri atas biaya-biaya                    Account others mainly represents of insurance
     berupa premi asuransi, sewa mesin fotocopy,                        premiums expenses, photocopy machine rent
     parkir, keamanan, dan konsumsi dapur.                              expenses, parking, security, and kitchen
                                                                        consumption.




                                                          61
Page 357
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                          As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
             pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
            kecuali dinyatakan lain)


11. ASET TETAP DAN ASET HAK GUNA                                11. FIXED ASSETS AND RIGHT-OF-USE ASSETS

                                        31 Desember/            31 Desember/
                                      December 31, 2024       December 31, 2023

   Aset tetap - neto                               49.145                 42.085                           Fixed assets - net
   Aset hak guna - neto                             8.455                  9.289                    Right-of-use assets - net

   Total                                           57.600                 51.374                                         Total


   Aset tetap                                                       Fixed assets
                                              31 Desember/December 31, 2024

                                Saldo Awal/                                     Saldo Akhir/
                                 Beginning    Penambahan/      Pengurangan/       Ending
                                  Balance       Additions       Deductions        Balance

   Biaya Perolehan                                                                                                          Cost
   Kepemilikan langsung:                                                                                       Direct ownership:
    Bangunan                         47.454           8.593                 -         56.047                         Buildings
    Prasarana gedung                  8.873             766                 -          9.639            Building improvement
    Peralatan kantor                  7.561             287              (75)          7.773                 Office equipment
    Komputer dan elektronik          30.335           2.609             (815)         32.129          Computer and electronic
    Inventaris kantor                 5.699              40              (16)          5.723             Furniture and fixture
    Kendaraan bermotor               11.613           1.874           (1.201)         12.286                   Motor vehicles

   Total Biaya Perolehan            111.535          14.169           (2.107)        123.597                         Total Cost

   Akumulasi Penyusutan                                                                              Accumulated Depreciation
   Kepemilikan langsung:                                                                                       Direct ownership:
    Bangunan                         18.899           2.563                 -         21.462                         Buildings
    Prasarana gedung                  7.799             457                 -          8.256            Building improvement
    Peralatan kantor                  6.597             332              (75)          6.854                 Office equipment
    Komputer dan elektronik          24.519           1.716            (789)          25.446          Computer and electronic
    Inventaris kantor                 5.474              77              (15)          5.536             Furniture and fixture
    Kendaraan bermotor                6.162           1.536             (800)          6.898                   Motor vehicles

   Total Akumulasi Penyusutan        69.450           6.681           (1.679)         74.452     Total Accumulated Depreciation

   Jumlah Tercatat                   42.085                                           49.145               Carrying Amount




                                              31 Desember/December 31, 2023

                                Saldo Awal/                                     Saldo Akhir/
                                 Beginning    Penambahan/      Pengurangan/       Ending
                                  Balance       Additions       Deductions        Balance

   Biaya Perolehan                                                                                                          Cost
   Kepemilikan langsung:                                                                                       Direct ownership:
    Bangunan                         47.454               -                 -         47.454                         Buildings
    Prasarana gedung                  8.870               3                 -          8.873            Building improvement
    Peralatan kantor                  7.468             318             (225)          7.561                 Office equipment
    Komputer dan elektronik          27.539           3.978           (1.182)         30.335          Computer and electronic
    Inventaris kantor                 5.717              57              (75)          5.699             Furniture and fixture
    Kendaraan bermotor               10.466           2.215           (1.068)         11.613                   Motor vehicles

   Total Biaya Perolehan            107.514           6.571           (2.550)        111.535                         Total Cost

   Akumulasi Penyusutan                                                                              Accumulated Depreciation
   Kepemilikan langsung:                                                                                       Direct ownership:
    Bangunan                         16.526           2.373                 -         18.899                         Buildings
    Prasarana gedung                  7.275             524                 -          7.799            Building improvement
    Peralatan kantor                  6.383             438             (224)          6.597                 Office equipment
    Komputer dan elektronik          23.907           1.766           (1.154)         24.519          Computer and electronic
    Inventaris kantor                 5.399             152              (77)          5.474             Furniture and fixture
    Kendaraan bermotor                5.255           1.634             (727)          6.162                   Motor vehicles

   Total Akumulasi Penyusutan        64.745           6.887           (2.182)         69.450     Total Accumulated Depreciation

   Jumlah Tercatat                   42.769                                           42.085                  Carrying Amount


                                                       62
Page 358
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                          As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
             pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
            kecuali dinyatakan lain)


11. ASET TETAP DAN ASET HAK GUNA (lanjutan)                      11. FIXED ASSETS AND RIGHT-OF-USE ASSETS
                                                                     (continued)

   Aset tetap (lanjutan)                                            Fixed assets (continued)

   Rincian dari laba atas penjualan aset tetap adalah               The details of gain on sale of fixed assets are as
   sebagai berikut:                                                 follows:


                                                  Tahun yang berakhir
                                               pada tanggal 31 Desember/
                                               Years ended December 31,

                                                2024               2023

   Harga jual                                           595                 504                                  Selling price
   Nilai buku                                          (428)               (368)                                  Book value

   Laba penjualan                                                                                           Gain on sale of
     aset tetap (Catatan 25)                              167              136                      fixed assets (Note 25)



   Beban penyusutan untuk tahun yang berakhir pada                  Depreciation charged to operation for the years
   tanggal-tanggal 31 Desember 2024 dan 31                          ended December 31, 2024 and December 31,
   Desember 2023 masing-masing sebesar Rp6.681                      2023 are amounting to Rp6,681 and Rp6,887
   dan Rp6.887.                                                     respectively.

   Berdasarkan penelaahan penurunan nilai atas aset                 Based on the assessment for impairment of the
   tetap, manajemen Perusahaan berkeyakinan                         fixed assets, the Company’s management
   bahwa    tidak   ada   kejadian-kejadian    atau                 believes that there are no events or changes in
   perubahan-perubahan        keadaan         yang                  circumstances, which may indicate that the
   mengindikasikan bahwa nilai tercatatnya mungkin                  carrying amounts of these assets are not
   tidak dapat terpulihkan pada tanggal-tanggal                     recoverable as of December 31, 2024 and 2023.
   31 Desember 2024 dan 2023.

   Pada tanggal-tanggal 31 Desember 2024 dan                        As of December 31, 2024 and 2023, the
   2023, nilai perolehan dari aset tetap yang telah                 acquisition cost of fixed assets which have been
   disusutkan penuh dan masih digunakan adalah                      fully depreciated and still being used amounted to
   masing-masing sebesar Rp31.839 dan Rp32.444.                     Rp31,839 and Rp32,444 respectively.

   Pada tanggal-tanggal 31 Desember 2024 dan                        As of December 31, 2024 and 2023, the Company
   2023, Perusahaan tidak memiliki komitmen                         did not have significant contractual commitment to
   kontraktual signifikan dalam memiliki aset tetap.                obtain fixed assets.

   Pada tanggal-tanggal 31 Desember 2024 dan                        As of December 31, 2024 and 2023, there is no
   2023, tidak terdapat aset tetap yang berasal dari                asset came from grant.
   hibah.

   Pada tanggal-tanggal 31 Desember 2024 dan                        As of December 31, 2024 and 2023, there is no
   2023, tidak terdapat aset tetap yang dihentikan dari             asset which have been discontinued from active
   penggunaan aktif dan tidak diklasifikasian sebagai               use and not classified as available for sale.
   tersedia untuk dijual.




                                                            63
Page 359
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                           As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
             pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
            kecuali dinyatakan lain)


11. ASET TETAP DAN ASET HAK GUNA (lanjutan)                      11. FIXED ASSETS AND RIGHT-OF-USE ASSETS
                                                                     (continued)

   Aset tetap Perusahaan pada tanggal-tanggal                        As of December 31, 2024 and December 31 2023,
   31 Desember 2024 dan 31 Desember 2023                             fixed assets of the Company were insured with the
   diasuransikan kepada perusahaan dari pihak                        Company’s related party of PT Asuransi Etiqa
   berelasi yaitu PT Asuransi Etiqa Internasional                    Internasional Indonesia and Company’s third
   Indonesia dan perusahaan-perusahaan asuransi                      parties insurance companies of PT Asuransi
   pihak ketiga, yaitu PT Asuransi Cakrawala Proteksi,               Cakrawala Proteksi, PT Asuransi Sahabat and
   PT Asuransi Sahabat dan PT Asuransi ABDA ARK                      PT Asuransi ABDA ARK with sum insured of
   dengan nilai pertanggungan sebesar Rp390.211                      Rp390,211 (2023: Rp389,913) (unaudited).
   (2023: Rp389.913) (tidak diaudit).

   Manajemen      berpendapat   bahwa     nilai                      Management believes that the insurance coverage
   pertanggungan tersebut adalah cukup untuk                         is adequate to cover possible losses arising from
   menutup kerugian yang mungkin timbul akibat                       certain risks on the assets insured.
   suatu risiko tertentu terhadap aset yang
   dipertanggungkan.

   Aset hak guna                                                     Right-of-use assets

   Rekonsiliasi kelompok-kelompok utama aset hak-                    The reconciliation of right-of-use assets by major
   guna adalah sebagai berikut:                                      classifications were as follows:

                                                31 Desember/December 31, 2024

                                  Saldo Awal/                                    Saldo Akhir/
                                   Beginning    Penambahan/      Pengurangan/      Ending
                                    Balance       Additions       Deduction        Balance

    Nilai Bruto                                                                                                  Gross Amount
       Bangunan                        20.541            2.347          7.671          15.217                       Buildings

    Total Nilai Bruto                  20.541            2.347          7.671          15.217                 Total Gross Amount

    Akumulasi Amortisasi                                                                              Accumulated Amortization
      Bangunan                         11.252            3.181          7.671           6.762                      Buildings

                                                                                                               Total Accumulated
    Total Akumulasi Amortisasi         11.252            3.181          7.671           6.762                     Amortization

    Nilai Neto                          9.289                                           8.455                      Net Amount



                                                31 Desember/December 31, 2023

                                  Saldo Awal/                                    Saldo Akhir/
                                   Beginning    Penambahan/      Pengurangan/      Ending
                                    Balance       Additions       Deduction        Balance

    Nilai Bruto                                                                                                  Gross Amount
       Bangunan                        16.870            3.671              -          20.541                       Buildings

    Total Nilai Bruto                  16.870            3.671              -          20.541                 Total Gross Amount

    Akumulasi Amortisasi                                                                              Accumulated Amortization
      Bangunan                          8.203            3.049              -          11.252                      Buildings

                                                                                                               Total Accumulated
    Total Akumulasi Amortisasi          8.203            3.049              -          11.252                     Amortization

    Nilai Neto                          8.667                                           9.289                       Net Amount




                                                          64
Page 360
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                        As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                  and for the Year Then Ended
             pada Tanggal tersebut                                    (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                   unless otherwise stated)
            kecuali dinyatakan lain)


11. ASET TETAP DAN ASET HAK GUNA (lanjutan)                   11. FIXED ASSETS AND RIGHT-OF-USE ASSETS
                                                                  (continued)
   Aset hak guna (lanjutan)                                       Right-of-use assets (continued)

   Beban amortisasi untuk tahun yang berakhir pada                Amortization charged to operation for the years
   tanggal-tanggal  31    Desember    2024     dan                ended December 31, 2024 and December 31,
   31 Desember 2023 masing-masing sebesar                         2023 are amounting to Rp3,181 and Rp3,049,
   Rp3.181 dan Rp3.049.                                           respectively.


12. ASET LAIN-LAIN                                            12. OTHER ASSETS

                                         31 Desember/         31 Desember/
                                       December 31, 2024    December 31, 2023

   Piutang subsidi                                49.607                 5.329                         Subsidy receivables
   Setoran jaminan                                   340                   337                            Security deposit
   Lainnya                                           147                   107                                      Others

   Total Aset Lain-lain                           50.094                 5.773                         Total Other Assets



   Piutang Subsidi merupakan piutang yang timbul                  Subsidy receivables represents receivables arise
   dari transaksi yang berupa subsidi yang diberikan              from transaction in the form of subsidy provided
   oleh beberapa Agen Tunggal Pemegang Merk                       by several Sole Agents of Vehicle Brand Holders
   Kendaraan (ATPM) atas penjualan kendaraan merk                 (ATPM) for sales of certain brand vehicle.
   tertentu. Perusahaan membayarkan terlebih dahulu               The Company paid the subsidy in advance to
   subsidi tersebut kepada konsumen untuk                         customers to be charged to ATPM in the next
   selanjutnya ditagihkan kepada ATPM pada bulan                  month.
   selanjutnya.

   Aset lain-lain - Lainnya merupakan talangan untuk              Other assets - Others represents employee’s
   karyawan yang belum dipertanggungjawabkan dan                  advances which has not been accounted for and
   biaya penarikan kendaraan.                                     advance payment for vehicle collection.




                                                       65
Page 361
                                                                                                                                       The original financial statements included herein are in the Indonesian language.


                               PT MAYBANK INDONESIA FINANCE                                                                                           PT MAYBANK INDONESIA FINANCE
                              CATATAN ATAS LAPORAN KEUANGAN                                                                                           NOTES TO FINANCIAL STATEMENTS
                                   Tanggal 31 Desember 2024                                                                                                As of December 31, 2024
                                serta Untuk Tahun yang Berakhir                                                                                          and for the Year Then Ended
                                      pada Tanggal tersebut                                                                                            (Expressed in millions of Rupiah,
                                 (Disajikan dalam jutaan Rupiah,                                                                                           unless otherwise stated)
                                     kecuali dinyatakan lain)


13. UTANG BANK                                                                                                            13. BANK LOANS
                                                 Suku bunga per tahun/                   Jumlah pinjaman/                                        Jatuh tempo fasilitas/                               Pembayaran angsuran/
                                                Interest rate per annum                     Loan amount                                         Maturity date of facility                             Payment of installment
                                           31 Desember/          31 Desember/     31 Desember/       31 Desember/                   31 Desember/                         31 Desember/            31 Desember/        31 Desember/
                                         December 31, 2024 December 31, 2023    December 31, 2024 December 31, 2023               December 31, 2024                   December 31, 2023        December 31, 2024 December 31, 2023
Pinjaman bank/
  Bank loans
Pihak berelasi/
  Related parties
PT Bank Maybank Indonesia Tbk                    -                5,73%                          -            36.111        30 Des/Dec 30, 2024               30 Des/Dec 30, 2024                          36.111            30.555


Pihak ketiga/
  Third parties
PT Bank DBS Indonesia                            -                5,73%                          -           100.000        12 Mei/May 12, 2025               12 Mei/May 12, 2025                        100.000            100.000
PT Bank Pan Indonesia Tbk                        -                6,50%                          -            55.556                      -                   7 April/April 7, 2024                             -           395.834
PT Bank Pan Indonesia Tbk                      6,75%              6,75%                   739.583            479.166        26 Januari/January 26, 2028       26 Januari/January 26, 2028                295.139                     -
PT Bank Negara Indonesia (Persero) Tbk         6,00%              6,00%                   394.445            622.222        29 Agustus/August 29, 2026        29 Agustus/August 29, 2026                 227.777             77.779
PT Bank Victoria International Tbk             6,30%              6,20%                   500.000            300.000        25 Maret/March 25, 2025           25 Maret/March 25, 2024                           -           300.000
PT Bank UOB Indonesia                          6.25%                -                     150.000                     -     27 Agustus/August 27, 2025        31 Agustus/August 31, 2022                        -                    -
PT Bank HSBC Indonesia                         6.36%              6,20%                   575.000            700.000        -                                 -                                         1.050.000          1.300.000
PT Bank BTPN Tbk                                 -                  -                            -                    -     31 Januari/January 31, 2024       31 Januari/January 31, 2024                       -                    -
PT Bank Mandiri (Persero) Tbk                    -                  -                            -                    -     18 Desember/ December 18, 2024    18 Desember/ December 18, 2023             350.000            400.000
PT Bank Danamon Indonesia Tbk                    -                  -                            -                    -     31 Agustus/August 31, 2025        14 Mei/May 14, 2024                               -                    -
Bank MUFG, Ltd                                 5,95%                -                     200.000                     -     16 Januari/January 16, 2025       16 Januari/January 16, 2024                       -                    -
PT Bank Hibank Indonesia                       6,25%              6,20%                   200.000            100.000        28 Agustus/August 28, 2025        18 Agustus/August 18, 2024                 300.000            100.000
PT Bank Mizuho Indonesia                       5.95%                -                     200.000                     -     31 Januari/January 31, 2025       31 Januari/January 31, 2024                       -                    -


Jumlah/Total                                                                             2.959.028          2.393.055                                                                                   2.459.027          2.704.168




                                                                                                                   66
Page 362
                                                                                                                                       The original financial statements included herein are in the Indonesian language.


                            PT MAYBANK INDONESIA FINANCE                                                                                           PT MAYBANK INDONESIA FINANCE
                           CATATAN ATAS LAPORAN KEUANGAN                                                                                           NOTES TO FINANCIAL STATEMENTS
                                Tanggal 31 Desember 2024                                                                                                As of December 31, 2024
                             serta Untuk Tahun yang Berakhir                                                                                          and for the Year Then Ended
                                   pada Tanggal tersebut                                                                                            (Expressed in millions of Rupiah,
                              (Disajikan dalam jutaan Rupiah,                                                                                           unless otherwise stated)
                                  kecuali dinyatakan lain)


13. UTANG BANK (lanjutan)                                                                                           13. BANK LOANS (continued)
    Pada tanggal 31 Desember 2024 dan 31 Desember 2023, Perusahaan                                                        As of December 31, 2024 and December 31, 2023, the Company has
    memiliki fasilitas yang dimiliki dengan rincian sebagai berikut:                                                      loan facilities with details as follows:
                                                                                               31 December/December 31, 2024
                                                                                                                                                                      Jumlah fasilitas
                                                                                                                                                                    yang belum ditarik/
             Nama bank/                      Jenis pinjaman/               Nomor perjanjian/                 Tanggal perjanjian/             Jumlah fasilitas/       Undrawn facility               Jatuh tempo fasilitas/
             Bank name                         Loan type                   Agreement number                   Agreement date                 Facility amount             amount                      Maturity date facility
 Pihak ketiga/Third parties
                                                                                                         12 November/November 12,                       300.000/                       0/
 PT Bank DBS Indonesia                Pinjaman Berjangka/Term Loan   No. 136/PFPA-DBSI/XI/1-2/2021                                                                                          12 Mei/May 12, 2025
                                                                                                         2021                                            300,000                        0
                                                                                                                                                      1.000.000/                       0/
 PT Bank Pan Indonesia Tbk            Pinjaman Berjangka/Term Loan   No. 290/IBD/EXT/23                  24 Oktober/October 24, 2023                                                        26 Januari/January 26, 2028
                                                                                                                                                       1,000,000                        0
 PT Bank Negara Indonesia (Persero)                                                                                                                     700.000/                       0/
                                      Pinjaman Berjangka/Term Loan   No. INT/07/0329/R                   18 Agustus/August 18, 2023                                                         29 Agustus/August 29, 2026
 Tbk                                                                                                                                                     700,000                        0
                                                                                                                                                        500.000/                       0/
 PT Bank Victoria International Tbk   Pasar Uang/Money Market        No. 043/SKM-KPP/VIC/III/2024        19 Maret/March 19, 2024                                                            25 Maret/March 25, 2025
                                                                                                                                                         500,000                        0
                                                                                                                                                        150.000/                       0/
 PT Bank UOB Indonesia                Pasar Uang/Money Market        No. 1121/08/2024                    27 Agustus/August 27, 2024                                                         27 Agustus/August 27, 2025
                                                                                                                                                         150,000                        0
                                                                     Letter from HSBC No.                                                             1.000.000/                 425.000/
 PT Bank HSBC Indonesia               Pasar Uang/Money Market                                            3 Januari/January 3, 2024                                                          31 Januari/January 31, 2025
                                                                     CDT/2024/01/5112                                                                  1,000,000                  425,000
                                                                                                                                                        300.000/                 300.000/
 PT Bank OCBC NISP Tbk                Pasar Uang/Money Market        No. 406/ILS-JKT/PK/VIII/2024        27 Agustus/August 27, 2024                                                         27 Agustus/August 27, 2025
                                                                                                                                                         300,000                  300,000
                                                                                                                                                        100.000/                 100.000/
 PT Bank BTPN Tbk                     Pasar Uang/Money Market        No. PKS.013/DIR/FINTF/I/2019        31 Januari/January 31, 2019                                                        31 Januari/January 31, 2024*)
                                                                                                                                                         100,000                  100,000
                                                                     No. CRO.KP/482/KJP/2018 Akta        14 Desember/December 14,                       600.000/                 600.000/
 PT Bank Mandiri (Persero) Tbk        Pasar Uang/Money Market                                                                                                                               18 Desember/December 18, 2024*)
                                                                     Nomor 63                            2023                                            600,000                  600,000
                                                                                                                                                        100.000/                 100.000/
 PT Bank Danamon Indonesia Tbk        Pasar Uang/Money Market        No. B.544/ARO/EB/0824               27 Agustus/August 27, 2024                                                         31 Agustus/August 31, 2025
                                                                                                                                                         100,000                  100,000
                                                                                                                                                        200.000/                       0/
 Bank MUFG, Ltd                       Pasar Uang/Money Market        No. 2023-0058190                    16 Januari/January 16, 2024                                                        16 Januari/January 16, 2025
                                                                                                                                                         200,000                        0
                                                                                                                                                        200.000/                       0/
 PT Bank HIBank Indonesia             Pasar Uang/Money Market        No. 035/OL/KY/VIII/2024             28 Agustus/August 28, 2024                                                         28 Agustus/August 28, 2025
                                                                                                                                                         200,000                        0
                                                                                                                                                        200.000/                       0/
 PT Bank Mizuho Indonesia             Pasar Uang/Money Market        No. 038/AMD/MZH/0124                31 Januari/January 31, 2024                                                        31 Januari/January 31, 2025
                                                                                                                                                         200,000                        0


 *) Perjanjian utang bank masih dalam proses perpanjangan                                                                 *) The extension of bank loan agreement still in the process




                                                                                                                 67
Page 363
                                                                                                                                       The original financial statements included herein are in the Indonesian language.


                            PT MAYBANK INDONESIA FINANCE                                                                                           PT MAYBANK INDONESIA FINANCE
                           CATATAN ATAS LAPORAN KEUANGAN                                                                                           NOTES TO FINANCIAL STATEMENTS
                                Tanggal 31 Desember 2024                                                                                                As of December 31, 2024
                             serta Untuk Tahun yang Berakhir                                                                                          and for the Year Then Ended
                                   pada Tanggal tersebut                                                                                            (Expressed in millions of Rupiah,
                              (Disajikan dalam jutaan Rupiah,                                                                                           unless otherwise stated)
                                  kecuali dinyatakan lain)


13. UTANG BANK (lanjutan)                                                                                           13. BANK LOANS (continued)

    Pada tanggal 31 Desember 2024 dan 31 Desember 2023, Perusahaan                                                           As of December 31, 2024 and December 31, 2023, the Company has
    memiliki fasilitas yang dimiliki dengan rincian sebagai berikut: (lanjutan)                                              loan facilities with details as follows: (continued)
                                                                                               31 Desember/December 31, 2023
                                                                                                                                                                     Jumlah fasilitas
                                                                                                                                                                   yang belum ditarik/
             Nama bank/                      Jenis pinjaman/               Nomor perjanjian/                 Tanggal perjanjian/             Jumlah fasilitas/      Undrawn facility                  Jatuh tempo fasilitas/
             Bank name                         Loan type                   Agreement number                   Agreement date                 Facility amount            amount                         Maturity date facility
 Pihak berelasi/Related parties
                                                                     No. S.2021.084/DIR GLOBAL -                                                        100.000/                         0/
 PT Bank Maybank Indonesia Tbk        Pinjaman Berjangka/Term Loan                                       6 Des/Dec 6, 2021                                                                    30 Des/Dec 30, 2024
                                                                     FIG                                                                                 100,000                          0


 Pihak ketiga/Third parties
                                                                                                         12 November/November 12,                       300.000/                      0/
 PT Bank DBS Indonesia                Pinjaman Berjangka/Term Loan   No. 136/PFPA-DBSI/XI/1-2/2021                                                                                            12 Mei/May 12, 2025
                                                                                                         2021                                            300,000                       0
                                                                                                                                                        500.000/                      0/
 PT Bank Pan Indonesia Tbk            Pinjaman Berjangka/Term Loan   No. 094/IBD/EXT/21                  22 Maret/March 22, 2021                                                              7 April/April 7, 2024
                                                                                                                                                         500,000                       0
 PT Bank Negara Indonesia (Persero)                                                                                                                     700.000/                      0/
                                      Pinjaman Berjangka/Term Loan   No. INT/07/0329/R                   18 Agustus/August 18, 2023                                                           29 Agustus/August 29, 2026
 Tbk                                                                                                                                                     700,000                       0
                                                                                                                                                        500.000/                200.000/
 PT Bank Victoria International Tbk   Pasar Uang/Money Market        No. 045/SKM-KPP/VIC/III/2023        13 Maret/March 13, 2023                                                              25 Maret/March 25, 2024
                                                                                                                                                         500,000                 200,000
                                                                                                                                                        150.000/                150.000/
 PT Bank UOB Indonesia                Pasar Uang/Money Market        No. 936/08/2021                     19 Agustus/August 19, 2021                                                           31 Agustus/August 31, 2025
                                                                                                                                                         150,000                 150,000
                                                                                                                                                      1.000.000/                300.000/
 PT Bank HSBC Indonesia               Pasar Uang/Money Market        No. JAK/000369/U/00388874           10 Oktober/October 10, 2017                                                          -
                                                                                                                                                       1,000,000                 300,000
                                                                                                         24 November/November 24,                       300.000/                300.000/
 PT Bank OCBC NISP Tbk                Pasar Uang/Money Market        No. 469/ILS-JKT/PK/XI/2023                                                                                               14 Juli/July 14, 2024
                                                                                                         2023                                            300,000                 300,000
                                                                                                                                                        100.000/                100.000/
 PT Bank BTPN Tbk                     Pasar Uang/Money Market        No. PKS.013/DIR/FINTF/I/2019        31 Januari/January 31, 2019                                                          31 Januari/January 31, 2024
                                                                                                                                                         100,000                 100,000
                                                                     No. CRO.KP/482/KJP/2018 Akta        8Desember/December 8,                          600.000/                600.000/
 PT Bank Mandiri (Persero) Tbk        Pasar Uang/Money Market                                                                                                                                 18 Desember/December 18, 2024
                                                                     Nomor 63                            2022                                            600,000                 600,000
                                                                                                                                                        100.000/                100.000/
 PT Bank Danamon Indonesia Tbk        Pasar Uang/Money Market        No. B.383/ARO/EB/0823               1 Agustus/August 1, 2023                                                             14 Mei/May 14, 2024
                                                                                                                                                         100,000                 100,000
                                                                     No. 0003/CF/CDU-                                                                   200.000/                200.000/
 Bank MUFG, Ltd                       Pasar Uang/Money Market                                            16 Januari/January 16, 2023                                                          16 Januari/January 16, 2024
                                                                     NJ/RAD/23/2022-0056796                                                              200,000                 200,000
                                                                                                                                                        100.000/                      0/
 PT Bank HIBank Indonesia             Pasar Uang/Money Market        No. 021/OL/KY/VIII/2023             18 Agustus/August 18, 2023                                                           18 Agustus/August 18, 2024
                                                                                                                                                         100,000                       0
                                                                                                                                                        200.000/                200.000/
 PT Bank Mizuho Indonesia             Pasar Uang/Money Market        No. 042/MA/MZH/0123                 31 Januari/January 31, 2023                                                          31 Januari/January 31, 2024
                                                                                                                                                         200,000                 200,000




                                                                                                                 68
Page 364
                                                               The original financial statements included herein are in the
                                                                                                     Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                  PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                  NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                       As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                 and for the Year Then Ended
             pada Tanggal tersebut                                   (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                  unless otherwise stated)
            kecuali dinyatakan lain)


13. UTANG BANK (lanjutan)                                     13. BANK LOANS (continued)

    Selama tahun yang berakhir pada tanggal                      During the year then ended December 31,2024
    31 Desember 2024 dan 2023, Perusahaan telah                  and 2023, the Company has paid the loan principal
    melakukan pembayaran cicilan pokok dan bunga                 and interest installments on schedule.
    sesuai jadwal yang ditetapkan.

    Pinjaman-pinjaman ini dijaminkan dengan piutang              These loans are secured by finance lease
    sewa    pembiayaan     masing-masing   sebesar               recevables amounting to Rp4,832 and Rp6,574 as
    Rp4.832 dan Rp6.574 pada tanggal 31 Desember                 of December 31, 2024 and December 31, 2023,
    2024 dan 31 Desember 2023 dan piutang                        respectively and consumer financing receivables
    pembiayaan konsumen masing-masing sebesar                    amounting to Rp753,092 and Rp1,139,714 as of
    Rp753.092 dan Rp1.139.714 pada tanggal                       December 31, 2024 and December 31, 2023,
    31 Desember 2024 dan 31 Desember 2023                        respectively (Note 5 and 6).
    (Catatan 5 dan 6).

    Perjanjian-perjanjian dengan bank-bank di atas,              Under the above agreements with banks mentioned
    mensyaratkan Perusahaan untuk tidak melakukan                above, without prior approval from those banks, is
    hal-hal   berikut    ini,  sebelum    memperoleh             not allowed to, among others, enter into
    persetujuan dari bank-bank tersebut, yang antara             consolidation, merger, acquisitions or investments
    lain, melakukan konsolidasi, merger, akuisisi atau           in shares of stock; sell the Company’s assets; enter
    penyertaan saham; penjualan aset Perusahaan;                 into new investments; change the Articles of
    melakukan investasi baru; perubahan Anggaran                 Association relating to capital reduction; provide
    Dasar berupa penurunan modal; pembiayaan                     financing to other related parties and unrelated
    kepada perusahaan berelasi maupun perusahaan                 parties other than in the normal course of business;
    lainnya di luar transaksi usaha sehari-hari;                 act as a guarantor of or collateralize the Company’s
    mengikatkan diri sebagai penanggung kepada                   assets to obligation of other parties; repay the loans
    pihak lain atau menjaminkan aset Perusahaan                  obtained from all stockholders; float the Company’s
    kepada pihak lain; pelunasan pinjaman kepada                 shares to the public or buy back the Company’s
    seluruh pemegang saham; penawaran umum atas                  shares; alter the Company’s nature of business;
    saham Perusahaan atau pembelian kembali saham                pledge the same BPKB as collateral to other parties
    Perusahaan;        perubahan     bentuk     usaha            and obtain loans or credits from other financial
    Perusahaan; menjaminkan kembali BPKB kepada                  institutions except in the normal course of business.
    pihak lain dan memperoleh pinjaman atau kredit
    dari lembaga keuangan lain kecuali untuk kegiatan
    usaha yang normal.




                                                         69
Page 365
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                              As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                        and for the Year Then Ended
             pada Tanggal tersebut                                          (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                         unless otherwise stated)
            kecuali dinyatakan lain)


13. UTANG BANK (lanjutan)                                           13. BANK LOANS (continued)
    Dalam        perjanjian pinjaman  tersebut,                         Under the loan agreements, the Company is
    Perusahaan juga diwajibkan untuk memenuhi                           also obliged to comply with financial covenants
    persyaratan keuangan seperti rasio jumlah                           such as gearing ratio and Non Performing
    utang terhadap ekuitas dan Non Performing                           Loan ratio. As of December 31, 2024 and
    Loan ratio. Pada tanggal 31 Desember 2024                           2023, the Company has complied with the
    dan 2023, Perusahaan telah memenuhi                                 terms and conditions set forth in the bank loan
    persyaratan dan kondisi yang tertuang di                            agreement as follows:
    dalam perjanjian pinjaman bank seperti
    berikut ini:
                     Rasio/Ratio                                                    Ratio maksimal/Maximum ratio
     Rasio jumlah utang terhadap ekuitas/Debt to                           Bervariasi antara maksimal 10:1 dan 8:1 /Varied
     Equity Ratio                                                          from maximum of 10:1 and 8:1

     Non Performing Loan - gross                                           Di atas 90 (sembilan puluh) hari maksimal
                                                                           5,00%/Above 90 (ninety) days maximum of 5.00%

     Non Performing Loan - net                                             Bervariasi dari di atas 90 (sembilan puluh) hari
                                                                           maksimal 3,00% - 5,00%/Varied from above 90
                                                                           (ninety) days maximum of 3.00% - 5.00%


    Fasilitas-fasilitas pinjaman ini dipergunakan                       The loan facilities are used for the Company’s
    untuk      modal     kerja  kegiatan    usaha                       working capital.
    Perusahaan.


    Pada tanggal 31 Desember 2024 dan 2023,                              As of December 31, 2024 and 2023, the
    Perusahaan      telah     mematuhi    seluruh                       Company has complied with all significant loan
    persyaratan          penting        termasuk                        covenants include maintaining financial ratios
    mempertahankan         rasio-rasio keuangan                         as required in the agreement with the
    sehubungan dengan perjanjian dengan bank-                           mentioned above banks.
    bank tersebut di atas.

14. UTANG DEALER                                                    14. PAYABLE TO DEALERS


                                                 31 Desember/      31 Desember/
                                               December 31, 2024 December 31, 2023

   Pihak ketiga                                                                                                    Third parties
     Rupiah                                                                                                            Rupiah
       PT Cherindo Lamda Sejahtera                        9.279                  -           PT Cherindo Lamda Sejahtera
       PT Arista Elektrika Indonesia                      6.611                  -            PT Arista Elektrika Indonesia
       PT Arista Jaya Lestari                             5.662              1.041                   PT Arista Jaya Lestari
       PT Arta Bumi Motor                                 5.054                  -                      PT Arta Bumi Motor
       PT Dipo Internasional Pahala Otomotif              4.791              4.220    PT Dipo International Pahala Otomotif
       PT Harmoni Target Indonesia                        4.292                  -            PT Harmoni Target Indonesia
       Plaza Toyota                                       3.740                  -                            Plaza Toyota
       PT Srikandi Diamond Motors                         3.404              3.088             PT Srikandi Diamond Motors
       PT Astrido Jaya Mobilindo                          3.248              2.624               PT Astrido Jaya Mobilindo
       PT Hyundai Mobil Indonesia                         3.208              2.323             PT Hyundai Mobil Indonesia
       PT Andalan Auto Prima                              3.078              1.879                  PT Andalan Auto Prima
       PT Gowa Modern Motor                               2.668              3.434                 PT Gowa Modern Motor
       PT Agung Automall                                  2.622              2.592                      PT Agung Automall
       PT Dunia Barusa                                    2.588                  -                        PT Dunia Barusa
       PT Antapura Elite Indonesia                        2.442                  -             PT.Antapura Elite Indonesia




                                                             70
Page 366
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                          As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
             pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
            kecuali dinyatakan lain)


14. UTANG DEALER (lanjutan)                                     14. PAYABLE TO DEALERS (continued)

                                             31 Desember/      31 Desember/
                                           December 31, 2024 December 31, 2023

   Pihak ketiga (lanjutan)                                                                        Third parties (continued)
     Rupiah (lanjutan)                                                                                  Rupiah (continued)
       PT Pionika Automobil                           2.255              2.174                     PT Pionika Automobil
       PT Arista Karya Abadi                          2.085              3.272                    PT Arista Karya Abadi
       PT Arista Auto Prima                           2.068                  -                     PT Arista Auto Prima
       PT Medan Oriental Stars                        2.066                  -                 PT Medan Oriental Stars
       PT Mandalatama Armada Motor                    2.049              3.262          PT Mandalatama Armada Motor
       PT Indomobil Trada Nasional                    1.760                  -            PT Indomobil Trada Nasional
       PT Prospect Motor                              1.671                  -                       PT Prospect Motor
       PT Daya Sukses Sejati                          1.633                  -                   PT Daya Sukses Sejati
       PT Karta Mas Kencana                           1.629                  -                   PT Karta Mas Kencana
       PT Auto Maju Sentosa                           1.521                  -                    PT Auto Maju Sentosa
       PT Kertajaya Utama                             1.508                  -                      PT Kertajaya Utama
       PT Armada Auto Tara                            1.478                  -                    PT Armada Auto Tara
       PT Inchcape GWM Retail Indonesia               1.460                  -      PT Inchcape GWM Retail Indonesia
       PT Sun Star Prima Motor                        1.284                  -                 PT Sun Star Prima Motor
       PT Bumen Redja Abadi                           1.280              2.909                   PT Bumen Redja Abadi
       PT Istana Deli Kemakmuran                      1.201                  -             PT Istana Deli Kemakmuran
       PT Plaza Auto Raya                             1.196                  -                      PT Plaza Auto Raya
       PT Genki Kirana Internusa                      1.184                  -               PT Genki Kirana Internusa
       PT Shinari Putra Kencana                       1.176                  -                PT Shinari Putra Kencana
       PT Istana Bandung Raya Motor                   1.156              1.158          PT Istana Bandung Raya Motor
       PT Plaza Auto Cipta                            1.119                  -                      PT Plaza Auto Cipta
       PT Istana Deli Kencana                         1.080                  -                  PT Istana Deli Kencana
       PT Tunas Auto Graha                            1.059              2.556                    PT Tunas Auto Graha
       PT Plaza Auto Prima                                -              8.222                     PT Plaza Auto Prima
       PT Berlian Maju Motor                              -              6.709                    PT Berlian Maju Motor
       PT Astra International Tbk                         -              2.672               PT Astra International Tbk
       PT Kasana Teknindo Gemilang                        -              2.598          PT Kasana Teknindo Gemilang
       PT Intercom Mobilindo                              -              2.559                    PT Intercom Mobilindo
       PT United Tractors Tbk                             -              2.239                   PT United Tractors Tbk
       PT Arista Auto Lestari                             -              2.237                    PT Arista Auto Lestari
       PT Imperial Putra Perdana (Honda)                  -              2.233      PT Imperial Putra Perdana (Honda)
       PT Kumala Cemerlang Abadi                          -              2.034            PT Kumala Cemerlang Abadi
       PT Liek Motor                                      -              2.063             PT Tunas Mobilindo Parama
       PT Panji Rama Otomotif                             -              1.908                  PT Panji Rama Otomotif
       PT Hexindo Adiperkasa Tbk                          -              1.703             PT Hexindo Adiperkasa Tbk
       PT Daya Adicipta Sandika                           -              1.696               PT Daya Adicipta Sandika
       PT Niaga Bangka Automobile                         -              1.630            PT Niaga Bangka Automobile
       PT Eurokars Prima Indonesia                        -              1.514            PT Eurokars Prima Indonesia
       PT Performance Motors Indonesia                    -              1.467       PT Performance Motors Indonesia
       PT Mulya Putra Kencana                             -              1.396                 PT Mulya Putra Kencana
       PT Indomobil Prima Niaga                           -              1.324               PT Indomobil Prima Niaga
       PT Union Mega Auto                                 -              1.317                     PT Union Mega Auto
       PT Istana Mobil Trio                               -              1.300                      PT Istana Mobil Trio
       PT Lautan Berlian Utama Motor                      -              1.167          PT Lautan Berlian Utama Motor
       PT Ananta Auto Andalan                             -              1.149                PT Ananta Auto Andalan
       PT Tri Swardana Utama                              -              1.137                  PT Tri Swardana Utama
       PT Maju Global Motor                               -              1.086                    PT Maju Global Motor
       PT Traktor Nusantara                               -              1.046                     PT Traktor Nusantara
       Lainnya-dibawah Rp1 Miliar                    54.872             29.974                 Others-below Rp1 Billion

   Total                                            152.477           120.912                                           Total


   Utang dealer merupakan utang tanpa agunan                        Payable to dealers represent unsecured payable
   sehubungan      dengan   transaksi   pembelian                   in connection with purchase transaction of four-
   kendaraan roda empat untuk pembiayaan kepada                     wheeled vehicles for financing to customers.
   konsumen.      Utang   dealer   pada   tanggal                   Payable to dealers as of December 31, 2024 and
   31 Desember 2024 dan 2023 telah dilunasi pada                    2023 have been settled in the following month.
   awal bulan berikutnya.

                                                         71
Page 367
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                            PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                                 As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                           and for the Year Then Ended
             pada Tanggal tersebut                                             (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                            unless otherwise stated)
            kecuali dinyatakan lain)


15. BEBAN AKRUAL                                                       15. ACCRUED EXPENSES
                                               31 Desember/            31 Desember/
                                             December 31, 2024       December 31, 2023

   Pihak-pihak berelasi (Catatan 31)                                                                          Related parties (Note 31)
     PT Maybank Asset Management                                                                    PT Maybank Asset Management
       Bunga utang obligasi                                   1                            -            Interest on bonds payable
     PT Bank Maybank Indonesia Tbk                                                                 PT Bank Maybank Indonesia Tbk
       Bunga utang bank                                          -                   172                      Interest on bank loan
       Bunga utang obligasi                                      -                    39                Interest on bonds payable
     Malayan Banking Berhad (Maybank)                                                            Malayan Banking Berhad (Maybank)
       Bunga utang obligasi                                      -                    27                   Interest on bonds payable

   Total pihak berelasi                                       1                      238                           Total related parties

 Pihak ketiga                                                                                                              Third parties
     Remunerasi                                         41.876                    32.856                               Remuneration
     Bunga utang bank                                    4.866                     9.794                        Interest on bank loan
     Promosi                                             2.244                     3.545                                   Promotion
     Beban jasa konsultan                                1.697                     1.771                               Consultant fee
     Bunga utang obligasi                                  127                       634                   Interest on bonds payable
     Lainnya                                             4.665                     2.624                                       Others

   Total pihak ketiga                                   55.475                    51.224                             Total third parties

   Total                                                55.476                    51.462                                           Total


   Beban Akrual Pihak Ketiga Lainnya merupakan                             Third Parties Accrued Expenses Others
   merupakan akrual atas biaya-biaya operasional                           represents accrual for the Company’s operational
   Perusahaan seperti listrik, service charge gedung,                      expenses such as electricity, building service
   biaya telepon, biaya parkir, kebersihan, keamanan.                      charges, telephone expenses, parking expenses,
                                                                           cleaning and security expenses.


16. UTANG OBLIGASI                                                     16. BONDS PAYABLE
                                               31 Desember/      31 Desember/
                                             December 31, 2024 December 31, 2023

   Nilai nominal obligasi                                                                                        Nominal value of bonds
      Pihak ketiga                                    851.000              1.550.500                                      Third parties
      Pihak berelasi (Catatan 31)                      49.000                 99.500                            Related party (Note 31)

                                                      900.000              1.650.000
   Dikurangi biaya emisi obligasi ditangguhkan                                                  Less unamortized bonds issuance costs
        Pihak ketiga                                       (840)                 (1.276)                              Third parties
        Pihak berelasi (Catatan 31)                         (15)                   (100)                    Related party (Note 31)

                                                           (855)              (1.376)

   Total Utang Obligasi - neto                        899.145              1.648.624                         Total Bonds Payable - net


                                                     Tahun yang berakhir
                                                  pada tanggal 31 Desember/
                                                   Year ended December 31,

                                                    2024                  2023

   Kisaran suku bunga kontraktual tahunan        5,78% - 6,70%         5,80% - 9,35%           Range of contractual annual interest rates




                                                              72
Page 368
                                                                               The original financial statements included herein are in the
                                                                                                                     Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                     PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                                          As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                                    and for the Year Then Ended
             pada Tanggal tersebut                                                      (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                                     unless otherwise stated)
            kecuali dinyatakan lain)


16. UTANG OBLIGASI (lanjutan)                                                16. BONDS PAYABLE (continued)

                                                      31 Desember/      31 Desember/
                                                    December 31, 2024 December 31, 2023

   Obligasi Berkelanjutan II Tahap II                                 -              350.000                           Continuing Bonds II Phase II
   Obligasi Berkelanjutan III Tahap I                                 -              500.000                           Continuing Bonds III Phase I
   Obligasi Berkelanjutan III Tahap II                          800.000              800.000                           Continuing Bonds III Phase II
   Obligasi Berkelanjutan IV Tahap I                            100.000                    -                           Continuing Bonds IV Phase I

                                                                900.000             1.650.000
   Dikurangi:                                                                                                                                Less:
   Beban emisi yang belum diamortisasi:                                                                                 Unamortized issuance cost:
      Saldo awal                                                  1.376                 2.185                                Beginning balance
      Penambahan                                                  2.240                 2.107                                          Additions
      Amortisasi (Catatan 29)                                    (2.761)               (2.916)                            Amortization (Note 29)

                                                                   855                   1.376

   Total                                                        899.145             1.648.624                                                  Total



    Rincian nilai nominal utang obligasi untuk                                      The details of nominal value of the bonds
    tahun yang berakhir pada tanggal-tanggal                                        payable for the years ended December 31,
    31 Desember 2024 dan 2023 menurut tahun                                         2024 and 2023, by year of maturity are as
    jatuh temponya adalah sebagai berikut:                                          follows:
                                                                 31 Desember/
                                                                December 31, 2024

                                             Obligasi                   Obligasi
                                          Berkelanjutan              Berkelanjutan
                                                III                        IV
                                             Tahap II/                   Tahap I/
                                         Continuing Bonds           Continuing Bonds
                                                III                        IV                        Total/
   Tahun                                      Phase II                   Phase I                     Total                                       Year

   Pihak ketiga                                                                                                                          Third parties
    2025                                              752.000                   99.000                    851.000                              2025
   Subtotal                                           752.000                   99.000                    851.000                            Subtotal
   Pihak berelasi                                                                                                                        Related party
     (Catatan 31)                                                                                                                          (Note 31)
    2025                                               48.000                    1.000                     49.000                              2025
   Subtotal                                            48.000                    1.000                     49.000                             Subtotal
   Total                                              800.000                  100.000                    900.000                               Total


                                                                   31 Desember/
                                                                 December 31, 2023

                                 Obligasi                 Obligasi              Obligasi
                               Berkelanjutan            Berkelanjutan         Berkelanjutan
                                     II                      III                   III
                                 Tahap II/                Tahap I/              Tahap II/
                                Continuing               Continuing            Continuing
                                 Bonds II                 Bonds III             Bonds III                     Total/
   Tahun                         Phase II                  Phase I              Phase II                      Total                              Year
   Pihak ketiga                                                                                                                          Third parties
    2024                                  350.000                 452.500                        -                802.500                      2024

    2025                                        -                       -               748.000                   748.000                      2025
   Subtotal                               350.000                 452.500               748.000                 1.550.500                     Subtotal
   Pihak berelasi                                                                                                                        Related party
     (Catatan 32)                                                                                                                          (Note 32)
    2024                                        -                  47.500                     -                    47.500                      2025
    2025                                        -                       -                52.000                    52.000                      2026
   Subtotal                                     -                  47.500                52.000                    99.500                     Subtotal
   Total                                  350.000                 500.000               800.000                 1.650.000                       Total

                                                                      73
Page 369
                                                                                        The original financial statements included herein are in the
                                                                                                                              Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                              PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                                                   As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                                             and for the Year Then Ended
             pada Tanggal tersebut                                                               (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                                              unless otherwise stated)
            kecuali dinyatakan lain)


16. UTANG OBLIGASI (lanjutan)                                                       16. BONDS PAYABLE (continued)
    Rincian nilai nominal utang obligasi untuk                                             The details of nominal value of the bonds
    tahun yang berakhir pada tanggal-tanggal                                               payable for the years ended December 31,
    31 Desember 2024 dan 2023 menurut tahun                                                2024 and 2023, by year of maturity are as
    jatuh temponya adalah sebagai berikut                                                  follows (continued):
    (lanjutan):
                                                                           Peringkat dan
                                                                            Perusahaan
                                                                           Pemeringkat/            Tanggal
                                             Suku bunga/                    Ratings and         jatuh tempo/
            Nama/                    Seri/     Coupon       Nominal/          Rating               Maturity         Total/                Keterangan/
            Name                    Series       rate       Nominal          Company                 date           Total                 Description

    Obligasi Berkelanjutan II
       Maybank Finance
       Tahap II Tahun 2019
       dengan suku               Seri A/           9,00%/      650.000/                         2 April/
       bunga tetap/              Series A           9.00%       650,000                         April 2, 2022                      Telah dilunasi sesuai tanggal
                                                                                   AAA (idn)                         1.000.000/                  jatuh tempo/
    Continuing Bonds II                                                        Fitch Ratings                         1,000,000                     Has been fully
       Maybank Finance                                                         8 Desember/                                                             paid at
         Phase II Year 2019                                                    December 8,                                                      maturity date
       With Fixed                Seri B/           9,35%/      350.000/                2023     2 April/
       Interest Rates            Series B           9.35%       350,000                         April 2, 2024


    Obligasi Berkelanjutan III
       Maybank Finance
       Tahap I Tahun 2021
       dengan suku               Seri A/           6,30%/      500.000/            AAA (idn)    23 Juni/              500.000/
       bunga tetap/              Series A           6.30%       500,000        Fitch Ratings    June, 23, 2024         500,000     Telah dilunasi sesuai tanggal
     Continuing Bonds III                                                      8 Desember/                                                       jatuh tempo/
       Maybank Finance                                                         December 8,                                                        Has been fully
         Phase I Year 2021                                                             2023                                              paid at maturity date
       With Fixed
       Interest Rates


    Obligasi Berkelanjutan III
       Maybank Finance
       Tahap II Tahun 2022
       dengan suku               Seri A/           5,80%/      800.000/            AAA (idn)    30 Maret/             800.000/             Belum jatuh tempo/
       bunga tetap/              Series A           5.80%       800,000        Fitch Ratings    Maret 30, 2025         800,000              Not yet mature
    Continuing Bonds III                                                             10 Juli/
       Maybank Finance                                                         July 10, 2024
       Phase II Year 2022
       With Fixed
       Interest Rates

   Obligasi Berkelanjutan IV
        Maybank Finance
        Tahap I Tahun 2024
        dengan suku              Seri A/           6,70%/      100.000/            AAA (idn)    15 Juli/              100.000/             Belum jatuh tempo/
        bunga tetap/             Series A           6.70%       100,000        Fitch Ratings    July 15, 2025          100,000              Not yet mature
    Continuing Bonds IV                                                              10 Juli/
        Maybank Finance                                                        July 10, 2024
        Phase I Year 2024
        With Fixed
        Interest Rates




     Bunga Obligasi dibayarkan setiap triwulan                                            The Bonds payable interest is paid on a
     (tiga bulan) sejak tanggal emisi dan jadwal                                          quarterly basis (three-month) starting from the
     pembayaran bunga untuk tahun yang berakhir                                           issuance date and the interest payment
     pada tanggal-tanggal 31 Desember 2024 dan                                            schedule for the years ended December 31,
     2023 adalah sebagai berikut:                                                         2024 and 2023 are as follow:

                                                                                                  Seri/                Awal-Akhir Pembayaran Bunga/
                                Nama/Name                                                        Series               Interest Payment Starting-Ending
   Obligasi Berkelanjutan II Maybank Finance Tahap II Tahun 2019                                                 2 Juli/July 2, 2019
                                                                                                    A
   dengan suku bunga tetap/                                                                                      2 April/April 2, 2022
   The Continuing Bonds II Maybank Finance Phase II Year 2019 with
                                                                                                                 2 Juli/July 2, 2019
   fixed interest rates                                                                             B
                                                                                                                 2 April/April 2, 2024



                                                                          74
Page 370
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                              As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                        and for the Year Then Ended
             pada Tanggal tersebut                                          (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                         unless otherwise stated)
            kecuali dinyatakan lain)


16. UTANG OBLIGASI (lanjutan)                                         16. BONDS PAYABLE (continued)

     Bunga Obligasi dibayarkan setiap triwulan (tiga                    The Bonds payable interest is paid on a quarterly
     bulan) sejak tanggal emisi dan jadwal pembayaran                   basis (three-month) starting from the issuance date
     bunga untuk tahun yang berakhir pada tanggal-                      and the interest payment schedule for the years
     tanggal 31 Desember 2024 dan 2023 adalah                           ended December 31, 2024 and 2023 are as follow
     sebagai berikut (lanjutan):                                        (continued):

                                                                             Seri/             Awal-Akhir Pembayaran Bunga/
                                 Nama/Name                                  Series            Interest Payment Starting-Ending
   Obligasi Berkelanjutan III Maybank Finance Tahap I Tahun 2021                          23 September/September 23, 2021
                                                                               A
   dengan suku bunga tetap/                                                               23 Juni/June 23, 2024
   The Continuing Bonds III Maybank Finance Phase I Year 2021 with
   fixed interest rates

   Obligasi Berkelanjutan III Maybank Finance Tahap II Tahun 2022                         30 Juni/June 30, 2022
                                                                               A
   dengan suku bunga tetap/                                                               30 Maret/March 30, 2025
   The Continuing Bonds III Maybank Finance Phase II Year 2022 with
   fixed interest rates
   Obligasi Berkelanjutan IV Maybank Finance Tahap I Tahun 2024
   dengan suku bunga tetap/
                                                                                          5 Oktober/October 5, 2024
   The Continuing Bonds IV Maybank Finance Phase I Year 2024 with              A
                                                                                          15 Juli/July 15, 2025
   fixed interest rates


     Hal lainnya:                                                       Other matters:

     Seluruh penerbitan Obligasi dilakukan sesuai                       All of the issuance of Bonds are covered in the
     dengan Perjanjian Perwaliamanatan Obligasi                         Trusteeship Agreement of Bonds between the
     antara Perusahaan dengan PT Bank Mandiri Tbk,                      Company and PT Bank Mandiri Tbk, PT Bank
     PT Bank Rakyat Inondesia Tbk, pihak ketiga.                        Rakyat Inondesia Tbk, a third party.

     Penerbitan Obligasi Berkelanjutan III Tahap II                     Issuance of The Continuing Bonds III Phase II are
     dijamin secara fidusia dengan piutang Perusahaan                   secured by the fiduciary transfers in form of
     kepada pihak ketiga dengan piutang pembiayaan                      consumer financing and/or finance lease, and/or
     konsumen dan/atau sewa guna usaha dan/atau                         other current receivables in connection with the
     piutang lain yang timbul sehubungan dengan                         Company activities conducted by entity which has
     kegiatan usaha yang dilakukan Perusahaan yang                      not matured or overdue more than 90 (ninety) days
     belum jatuh tempo atau tidak tertunggak                            after the last installment with the collateral value at
     pembayarannya lebih dari jangka waktu 90                           a minimum of 50% of the amount of bonds
     (Sembilan puluh) hari kalender setelah angsuran                    principal (Notes 5 and 6).
     terakhir jatuh tempo, dengan nilai jaminan
     sekurang-kurangnya sebesar 50% dari pokok
     obligasi (Catatan 5 dan 6).


     Penerbitan Obligasi Berkelanjutan IV Tahap I                       The issuance of The Continuing Bonds IV Phase I
     diterbitkan secara clean basis.                                    is issued on a clean basis.




                                                             75
Page 371
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                        As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                  and for the Year Then Ended
              pada Tanggal tersebut                                    (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                   unless otherwise stated)
             kecuali dinyatakan lain)


16.   UTANG OBLIGASI (lanjutan)                                  16. BONDS PAYABLE (continued)

      Hal lainnya (lanjutan):                                       Other matters (continued):

      Persyaratan dalam PUB Obligasi Berkelanjutan                  The Covenants of Continuing Bonds III Phase II
      III Tahap II dengan Tingkat Suku Bunga Tetap                  with Fixed Interest Rate are as follows:
      adalah sebagai berikut:

        a. Tanpa persetujuan tertulis dari Wali Amanat,              a.     Without the written consent from the
           Perusahaan tidak diperkenankan melakukan                         Trustee, the Company shall not undertake,
           tindakan-tindakan antara lain melakukan                          among others, merger or business
           penggabungan atau peleburan usaha atau                           combination, or take over or give approval
           pengambilalihan        atau       memberikan                     to subsidiary (if any) to merger or business
           persetujuan kepada anak perusahaan (jika                         combination, or take over except the
           ada) untuk melakukan penggabungan atau                           merger or business combination or taking
           peleburan atau pengambilalihan kecuali                           over is executed with the company with
           penggabungan      atau      peleburan     atau                   same business and will not have a negative
           pengambilalihan yang dilakukan dengan                            effect to the Company, and will not have
           atau pada perusahaan yang bidang                                 any impact to the Company’s ability to pay
           usahanya sama dan tidak akan mempunyai                           the bonds principal and/or pay the bonds
           akibat yang negatif terhadap jalannya usaha                      interest; and/or, making other payment in
           Perusahaan, dan tidak mempengaruhi                               the period as long as the Company has not
           kemampuan Perusahaan dalam melakukan                             paid any payable amount; provides loan to
           pelunasan     Pokok      Obligasi    dan/atau                    the affiliated party for more than 30% of
           pembayaran Bunga Obligasi; membayar                              Company’s equity; change the main
           atau membuat atau melakukan pembayaran                           business of the Company; and/or give
           lain pada tahun buku Perusahaan selama                           permission to subsidiary to change its main
           Perusahaan tidak melakukan pembayaran                            business (if any); decrease in the
           jumlah terutang; memberi pinjaman kepada                         authorized and/or issued and/or paid-up
           pihak afiliasi lebih dari 30% ekuitas                            capital of the Company; hold any form of
           Perusahaan; mengubah bidang usaha                                cooperation; profit sharing or other similar
           utama Perusahaan; dan/atau memberikan                            agreement outside the Company’s daily
           izin atau persetujuan kepada anak                                activities or hold a management agreement
           perusahaan (jika ada) untuk mengadakan                           or other similar agreement, that resulted in
           perubahan bidang usaha; melakukan                                the activities/operations of the Company
           penurunan modal dasar dan/atau modal                             being governed by the other party; transfer
           ditempatkan     dan/atau     modal     disetor                   assets of the Company with the value of the
           Perusahaan; mengadakan segala bentuk                             transaction exceeding 40% of equity,
           kerjasama,bagi hasil atau perjanjian serupa                      unless the transfer of receivables is in order
           lainnya di luar kegiatan usaha Perusahaan                        to sustain day-to-day operation; issuing
           sehari-hari atau mengadakan perjanjian                           bonds or other similar debt instruments
           manajemen atau perjanjian serupa lainnya                         which have higher preference collateral
           yang     mengakibatkan       kegiatan/operasi                    ratio.
           Perusahaan diatur oleh pihak lain;
           mengalihkan harta kekayaan Perusahaan
           dengan nilai transaksi melebihi 40% dari
           ekuitas, kecuali pengalihan piutang dalam
           rangka menjalankan kegiatan usahanya
           sehari-hari; dan melakukan pengeluaran
           obligasi atau instrumen utang lain yang
           sejenis dengan obligasi dengan jaminan
           preferen yang memiliki rasio jaminan lebih
           tinggi.




                                                            76
Page 372
                                                             The original financial statements included herein are in the
                                                                                                   Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                     As of December 31, 2024
       serta Untuk Tahun yang Berakhir                               and for the Year Then Ended
             pada Tanggal tersebut                                 (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                unless otherwise stated)
            kecuali dinyatakan lain)


16. UTANG OBLIGASI (lanjutan)                                16. BONDS PAYABLE (continued)

    Hal lainnya (lanjutan):                                    Other matters (continued):

     Persyaratan dalam PUB Obligasi Berkelanjutan                The Covenants of Continuing Bonds III Phase II
     III Tahap II dengan Tingkat Suku Bunga Tetap                with Fixed Interest Rate are as follows:
     adalah sebagai berikut:

     b.    Mempertahankan jaminan agar nilainya                   b.    Maintain the value of collateral at minimum
           selalu sekurang-kurangnya sebesar 50%                        of 50% of the bonds nominal value. If the
           dari nilai nominal obligasi. Apabila nilai                   value of collateral was less than 50% of
           jaminan kurang dari 50% dari nilai nominal                   bonds nominal value or in case of decrease
           obligasi atau dalam hal terjadi penurunan                    in rating less than the required rating, the
           hasil pemeringkatan sehingga lebih rendah                    Company has to pay the deficit with cash.
           dari peringkat yang ditentukan maka
           Perusahaan        wajib      menyetorkan
           kekurangannya dengan uang tunai.

      c.   Memastikan     rasio jumlah      pinjaman             c.     Ensure that the Debt to Equity Ratio is
           terhadap ekuitas tidak melebihi rasio 10:1                   maximum of 10:1 (ten to one) as reflected
           (sepuluh berbanding satu) dalam laporan                      in the Company’s audited annual financial
           keuangan tahunan Perusahaan yang telah                       statements    or   half-year    financial
           diaudit atau laporan keuangan tengah                         statements.
           tahunan yang terakhir.

      d.   Mempertahankan hasil pemeringkatan                   d.     Maintain the result of bonds rating, which
           obligasi, tidak lebih rendah dari hasil                     should not be lower than result at the time
           pemeringkatan pada saat emisi, yaitu                        of bonds issuance, which was AA+ (idn). If
           AA+ (idn). Apabila hasil pemeringkatan                      the result of the rating decreases and the
           mengalami penurunan sehingga hasil                          result of the rating will:
           pemeringkatan:

           I.   Menjadi id AA dari PT Fitch Ratings                     I.    Become id AA from PT Fitch Ratings
                Indonesia atau yang setara dengan                             Indonesia or equivalent if the rating
                hasil pemeringkatan tersebut dalam                            result was performed by rating
                hal pemeringkatan dilakukan oleh                              company besides PT Fitch Ratings
                Perusahaan       pemeringkat   selain                         Indonesia, the Company has an
                PT Fitch Ratings Indonesia maka                               obligation to top-up a minimum of
                Perusahaan berkewajiban menambah                              additional collateral to become at 60%
                jaminan menjadi sekurang-kurangnya                            of bonds principal amount.
                60% dari nilai pokok obligasi.

            II. Menjadi id AA- dari PT Fitch Ratings                    II.   Become id AA- from PT Fitch Ratings
                Indonesia atau yang setara dengan                             Indonesia or equivalent if the rating
                hasil pemeringkatan tersebut dalam                            result was performed by rating
                hal pemeringkatan dilakukan oleh                              company besides PT Fitch Ratings
                Perusahaan       pemeringkat   selain                         Indonesia, the Company has an
                PT Fitch Ratings Indonesia maka                               obligation to top-up a minimum of
                Perusahaan berkewajiban menambah                              additional collateral to become at 70%
                jaminan menjadi sekurang-kurangnya                            of bonds principal amount.
                70% dari nilai pokok obligasi.




                                                        77
Page 373
                                                              The original financial statements included herein are in the
                                                                                                    Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                         As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                   and for the Year Then Ended
             pada Tanggal tersebut                                     (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                    unless otherwise stated)
            kecuali dinyatakan lain)


16. UTANG OBLIGASI (lanjutan)                                 16. BONDS PAYABLE (continued)

    Hal lainnya (lanjutan):                                     Other matters (continued):

     Persyaratan dalam PUB Obligasi Berkelanjutan               The Covenants of Continuing Bonds III Phase II
     III Tahap II dengan Tingkat Suku Bunga Tetap               with Fixed Interest Rate are as follows
     adalah sebagai berikut (lanjutan):                         (continued):

     d.   Mempertahankan hasil pemeringkatan                     d.     Maintain the result of bonds rating, which
          obligasi, tidak lebih rendah dari hasil                       should not be lower than result at the time
          pemeringkatan pada saat emisi, yaitu                          of bonds issuance, which was AA+ (idn). If
          AA+ (idn). Apabila hasil pemeringkatan                        the result of the rating decreases and the
          mengalami penurunan sehingga hasil                            result of the rating will (continued):
          pemeringkatan (lanjutan):

          III. Menjadi id A+ dari PT Fitch Ratings                       III. Become id A+ from PT Fitch Ratings
               Indonesia atau yang setara dengan                              Indonesia or equivalent if the rating
               hasil pemeringkatan tersebut dalam hal                         result was performed by other rating
               pemeringkatan       dilakukan     oleh                         agency other than PT Fitch Ratings
               Perusahaan       pemeringkat     selain                        Indonesia, the Company has an
               PT Fitch Ratings Indonesia maka                                obligation to top-up a minimum of
               Perusahaan berkewajiban menambah                               additional collateral to become 80% of
               jaminan menjadi sekurang-kurangnya                             bonds principal.
               80% dari nilai pokok obligasi.

           IV. Menjadi id A dari PT Fitch Ratings                           IV. Become id A from PT Fitch Ratings
               Indonesia atau yang setara dengan                                Indonesia or equivalent if the rating
               hasil pemeringkatan tersebut dalam hal                           result was performed by other rating
               pemeringkatan        dilakukan    oleh                           agency other than PT Fitch Ratings
               Perusahaan       pemeringkat     selain                          Indonesia, the Company has an
               PT Fitch Ratings Indonesia maka                                  obligation to top-up a minimum of
               Perusahaan berkewajiban menambah                                 additional collateral to become 90% of
               jaminan menjadi sekurang-kurangnya                               bonds principal.
               90% dari nilai pokok obligasi.


          V.   Menjadi id A- dari PT Fitch Ratings                     V.    Become id A- from PT Fitch Ratings
               Indonesia atau yang setara dengan                             Indonesia or equivalent if the rating
               hasil pemeringkatan tersebut dalam                            result was performed by other rating
               hal pemeringkatan dilakukan oleh                              agency other than PT Fitch Ratings
               Perusahaan       pemeringkat    selain                        Indonesia, the Company has an
               PT Fitch Ratings Indonesia maka                               obligation to top-up a minimum of
               Perusahaan berkewajiban menambah                              additional collateral to become 100% of
               jaminan menjadi sekurang-kurangnya                            bonds principal.
               100% dari nilai pokok obligasi.




                                                         78
Page 374
                                                              The original financial statements included herein are in the
                                                                                                    Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                 PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                      As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                and for the Year Then Ended
             pada Tanggal tersebut                                  (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                 unless otherwise stated)
            kecuali dinyatakan lain)


16. UTANG OBLIGASI (lanjutan)                                 16. BONDS PAYABLE (continued)

    Hal lainnya (lanjutan):                                     Other matters (continued):

     Persyaratan dalam PUB Obligasi Berkelanjutan               The Covenants of Continuing Bonds IV Phase I
     IV Tahap I dengan Tingkat Suku Bunga Tetap                 with Fixed Interest Rate are as follows:
     adalah sebagai berikut:

       a.    Tanpa persetujuan tertulis dari Wali                   a. Without the written consent from the
            Amanat, Perusahaan tidak diperkenankan                     Trustee, the Company shall not undertake,
            melakukan tindakan-tindakan antara lain                    among others, merger or business
            melakukan penggabungan atau peleburan                      combination, or take over or give approval
            usaha     atau    pengambilalihan   atau                   to subsidiary (if any) to merger or business
            memberikan persetujuan kepada anak                         combination, or take over except the
            perusahaan (jika ada) untuk melakukan                      merger or business combination or taking
            penggabungan atau peleburan atau                           over is executed with the company with
            pengambilalihan kecuali penggabungan                       same business and will not have
            atau peleburan atau pengambilalihan yang                   a negative effect to the Company, and will
            dilakukan dengan atau pada perusahaan                      not have any impact to the Company’s
            yang bidang usahanya sama dan tidak                        ability to pay the bonds principal and/or
            akan mempunyai akibat yang negatif                         pay the bonds interest;
            terhadap jalannya usaha Perusahaan, dan
            tidak     mempengaruhi       kemampuan
            Perusahaan dalam melakukan pelunasan
            Pokok Obligasi dan/atau pembayaran
            Bunga Obligasi;


     b. Membayar atau membuat atau melakukan                        b.   Making other payment in the period as long
        pembayaran   lain  pada     tahun     buku                       as the Company has not paid any payable
        Perusahaan selama Perusahaan tidak                               amount.
        melakukan pembayaran jumlah terutang;

     c. Memberi pinjaman kepada pihak afiliasi lebih               c.    provides loan to the affiliated party for more
        dari 30% ekuitas Perusahaan; mengubah                            than 30% of Company’s equity; change the
        bidang usaha utama Perusahaan; dan/atau                          main business of the Company; and/or give
        memberikan izin atau persetujuan kepada                          permission to subsidiary to change its main
        anak     perusahaan    (jika   ada)     untuk                    business (if any); decrease in the
        mengadakan perubahan bidang usaha;                               authorized and/or issued and/or paid-up
        melakukan penurunan modal dasar dan/atau                         capital of the Company; hold any form of
        modal ditempatkan dan/atau modal disetor                         cooperation; profit sharing or other similar
        Perusahaan; mengadakan segala bentuk                             agreement outside the Company’s daily
        kerjasama,bagi hasil atau perjanjian serupa                      activities or hold a management agreement
        lainnya di luar kegiatan usaha Perusahaan                        or other similar agreement, that resulted in
        sehari-hari atau mengadakan perjanjian                           the activities/operations of the Company
        manajemen atau perjanjian serupa lainnya                         being governed by the other party; transfer
        yang      mengakibatkan      kegiatan/operasi                    assets of the Company with the value of
        Perusahaan     diatur   oleh    pihak    lain;                   the transaction exceeding 40% of equity,
        mengalihkan harta kekayaan Perusahaan                            unless the transfer of receivables is in
        dengan nilai transaksi melebihi 40% dari                         order to sustain day-to-day operation
        ekuitas, kecuali pengalihan piutang dalam                        issuing bonds or other similar debt
        rangka menjalankan kegiatan usahanya                             instruments which have higher preference
        sehari-hari; dan melakukan pengeluaran                           collateral ratio
        obligasi atau instrumen utang lain yang
        sejenis dengan obligasi dengan jaminan
        preferen yang memiliki rasio jaminan lebih
        tinggi.




                                                         79
Page 375
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                             As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
             pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
            kecuali dinyatakan lain)


16. UTANG OBLIGASI (lanjutan)                                       16. BONDS PAYABLE (continued)

   Hal lainnya (lanjutan):                                              Other matters (continued):

   Perusahaan telah memenuhi batasan-batasan yang                       The Company has complied with the covenants in
   diwajibkan dalam perjanjian untuk tahun yang                         those agreements for the years ended December
   berakhir          pada          tanggal-tanggal                      31, 2024 and 2023.
   31 Desember 2024 dan 2023.

    Satu tahun setelah tanggal penjatahan, Perusahaan                   One year after the allotment date, the Company
    dapat melakukan pembelian kembali (buy back)                        may repurchase (buy back) the Continuing Bonds
    untuk sebagian atau seluruh PUB Obligasi                            III Phase II and The Continuing Bonds IV Phase I
    Berkelanjutan III     Tahap II      dan Obligasi                    before bond principal repayment date. The
    Berkelanjutan IV Tahap I sebelum tanggal                            Company has the right to treat the repurchase
    pelunasan pokok obligasi. Perusahaan mempunyai                      (buy back) to be used as the bonds redemption or
    hak untuk memberlakukan pembelian kembali (buy                      to be subsequently sold at market price following
    back) tersebut untuk dipergunakan sebagai                           the provisions of Trustee Agreements and
    pelunasan obligasi atau untuk kemudian dijual                       prevailing regulation.
    kembali     dengan     harga      pasar     dengan
    memperhatikan     ketentuan     dalam    perjanjian
    perwaliamanatan dan peraturan           perundang-
    undangan yang berlaku.


17. UTANG LAIN-LAIN                                                17. OTHER PAYABLES

                                             31 Desember/          31 Desember/
                                           December 31, 2024     December 31, 2023

   Pihak berelasi (Catatan 31)                                                                     Related parties (Note 31)
     PT Asuransi Etiqa Internasional                                                        PT Asuransi Etiqa Internasional
       Indonesia                                                                                               Indonesia
       Utang asuransi                                 16.591                 11.894                  Insurance payable
     PT Bank Maybank Indonesia Tbk                                                         PT Bank Maybank Indonesia Tbk
       Utang atas transaksi pembiayaan
           bersama                                          -                    88              Payable on joint financing

     Sub-total                                        16.591                 11.982                                 Sub-total

   Pihak ketiga                                                                                                Third parties
     Utang asuransi                                   75.549                 64.661                    Insurance payables
     Uang muka - pelanggan                            12.876                  5.913                   Customer - advance
     Utang notaris                                     5.785                  4.296                         Notary payable
     Suspense account pelanggan                        3.869                  3.120             Customer suspense account
     Lainnya                                          14.117                  5.209                                 Others

     Sub-total                                       112.196                 83.199                                 Sub-total

   Total                                             128.787                 95.181                                        Total


    Utang - Lain-lain - Pihak Berelasi terdiri dari Utang              Other Payables - Related Parties contains of
    Asuransi kepada PT Asuransi Etiqa Internasional                    Insurance Payables to PT Asuransi Etiqa
    Indonesia dan Utang atas Transaksi Pembayaran                      Internasional Indonesia and Payable on Joint
    Bersama      kepada       PT    Bank        Maybank                Financing to PT Bank Maybank Indonesia Tbk.
    Indonesia Tbk.




                                                            80
Page 376
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

         PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
        CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
             Tanggal 31 Desember 2024                                         As of December 31, 2024
          serta Untuk Tahun yang Berakhir                                   and for the Year Then Ended
                pada Tanggal tersebut                                     (Expressed in millions of Rupiah,
           (Disajikan dalam jutaan Rupiah,                                    unless otherwise stated)
               kecuali dinyatakan lain)


17. UTANG LAIN-LAIN (lanjutan)                                  17. OTHER PAYABLES (continued)

       Utang asuransi merupakan utang atas asuransi                     Insurance payable represents payable for debtor’s
       kendaraan debitur yang timbul dari transaksi                     vehicle insurance arising from financing
       perjanjian pembiayaan. Sedangkan utang atas                      agreement transactions. While payable on joint
       transaksi pembiayaan bersama merupakan                           financing represents bank’s portion of debtor’s
       angsuran dari debitur yang diterima oleh                         installment payment received by the Company
       Perusahaan yang merupakan porsi bank yang                        which arise from joint financing agreement.
       timbul dari perjanjian pembiayaan bersama.

18.    LIABILITAS IMBALAN KERJA                                 18.     LIABILITY FOR EMPLOYEE BENEFITS
       Perusahaan mencatat liabilitas imbalan kerja pada                The Company accrued the liability for employee
       31 Desember 2024 dan 2023 berdasarkan                            benefits As of December 31, 2024 and 2023
       perhitungan aktuaris independen yang dilakukan                   based on the independent actuarial calculation
       oleh Kantor Konsultan Aktuaria Yusi & Rekan,                     prepared by Yusi & Partners Actuarial Consultant
       dalam laporannya masing-masing tertanggal                        Firm, in its reports dated January 8, 2025 and
       8 Januari 2025 dan 8 Januari 2024.                               January 8, 2024, respectively.

       Perusahaan memiliki dana pensiun iuran pasti yang                The Company has defined contribution pension
       dikelola oleh Dana Pensiun Lembaga Keuangan                      plan which is managed by Dana Pensiun
       AIG (DPLK - AIG) yang merupakan pihak ketiga                     Lembaga Keuangan AIG (DPLK - AIG) which is
       Perusahaan.                                                      the Company’s third party.

       Syarat untuk menjadi peserta program pensiun                     The requirements to become participants of the
       adalah pegawai tetap Perusahaan yang ingin                       pension plan are permanent employees who are
       menjadi peserta program pensiun dan berumur di                   interested to become participants of the pension
       atas 18 tahun atau telah menikah.                                plan and above 18 years of age or are married.

       Iuran pensiun DPLK - AIG ditetapkan sebesar                      The contribution for DPLK - AIG is determined at
       8,76% dari gaji karyawan peserta dana pensiun, di                8.76% of the employees’ salary who join the
       mana 5,76% ditanggung Perusahaan dan sisanya                     pension plan, of which 5.76% is contributed by the
       sebesar 3,00% ditanggung oleh karyawan. Beban                    Company and the remaining 3.00% is contributed
       pensiun Perusahaan selama tahun yang berakhir                    by the employee. The Company’s pension
       pada tanggal-tanggal 31 Desember 2024 dan                        expense for the years ended December 31, 2024
       2023, masing-masing berjumlah Rp212 dan Rp229                    and 2023, amounted to Rp212 and Rp229,
       yang termasuk dalam laporan laba rugi dan                        respectively, included under the statements of
       penghasilan komprehensif lain. Iuran pensiun                     profit and loss and other comprehensive income.
       Perusahaan kepada DPLK-AIG tidak menjadi                         The Company’s contribution for DPLK-AIG is not
       pengurang liabilitas imbalan kerja.                              a deduction to the employee benefits liability.

       Beban imbalan kerja yang diakui di laporan laba                  Employee benefits expense recognized in
       rugi dan penghasilan komprehensif lain adalah:                   statement of profit or loss and other
                                                                        comprehensive income are as follows:

       Rincian beban imbalan kerja:                                     Details of the related employee benefits expense:

                                                  Tahun yang berakhir
                                               pada tanggal 31 Desember/
                                               Years ended December 31,

                                                2024                  2023

      Biaya jasa kini                                  2.781               2.493                         Current service cost
      Biaya jasa lalu                                      -              (1.383)                          Past service cost
      Biaya bunga                                      1.570               1.526                                Interest cost
      Lain-lain                                          (20)                154                                      Others

      Neto                                             4.331                 2.790                                        Net




                                                           81
Page 377
                                                                        The original financial statements included herein are in the
                                                                                                              Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                           PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                                As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                          and for the Year Then Ended
             pada Tanggal tersebut                                            (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                           unless otherwise stated)
            kecuali dinyatakan lain)


18. LIABILITAS IMBALAN KERJA (lanjutan)                               18. LIABILITY        FOR       EMPLOYEE           BENEFITS
                                                                          (continued)

   Mutasi saldo estimasi liabilitas imbalan kerja neto:                   Movements in the balance of the net estimated
                                                                          liabilities for employment benefits:
                                               31 Desember/           31 Desember/
                                             December 31, 2024      December 31, 2023
   Liabilitas imbalan kerja,                                                                              Obligation for employee
      awal tahun                                          24.277                21.661                benefit, beginning of year
                                                                                                         Post-employment benefit
   Beban imbalan pasca-                                                                                        expense - during
     kerja pada tahun berjalan                             4.331                 2.790                              current year
   Pembayaran imbalan pasca-kerja                                                                   Payment of employees’ benefit
     selama tahun berjalan                                (1.325)               (1.065)                     during current year
   (Keuntungan) kerugian aktuarial
     yang diakui sebagai penghasilan                                                          Actuarial (gain) loss charged to other
     komprehensif lain                                    (1.090)                  891                   comprehensive income
   Liabilitas imbalan kerja                                                                              Obligation for employee
     akhir tahun                                          26.193                24.277                    benefits end of year




   Mutasi nilai kini liabilitas imbalan kerja:                            Movements in the balance of the present value of
                                                                          employee benefit obligation:

                                               31 Desember/           31 Desember/
                                             December 31, 2024      December 31, 2023

   Saldo awal                                             24.277                21.661                          Beginning balance
   Biaya jasa kini                                         2.781                 2.493                        Current service cost
   Biaya jasa lalu                                              -               (1.383)                          Past service cost
   Biaya bunga                                             1.570                 1.526                                Interest cost
   Imbalan yang dibayar                                   (1.325)               (1.065)                                Benefit paid
   (Keuntungan) kerugian aktuarial neto                   (1.090)                  891                     Net actuarial (gain) loss
   Lain-lain                                                 (20)                  154                                       Others

   Nilai kini liabilitas                                                                      Present value of post-employment
      imbalan pasca-kerja                                 26.193                24.277                    benefits obligation


   Mutasi keuntungan aktuarial yang diakui sebagai                        Movement in the balance of actuarial gain
   pendapatan komprehensif lain:                                          charged to other comprehensive income:
                                               31 Desember/           31 Desember/
                                             December 31, 2024      December 31, 2023

   Saldo awal                                                (65)                 (956)                          Beginning balance
   (Keuntungan) kerugian aktuarial                                                                                  Actuarial (gain)
     yang diakui sebagai penghasilan                                                                       loss charged to other
     komprehensif lain                                    (1.090)                  891                   comprehensive income
   Saldo akhir                                            (1.155)                  (65)                            Ending balance




                                                              82
Page 378
                                                                             The original financial statements included herein are in the
                                                                                                                   Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                  PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                                       As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                                 and for the Year Then Ended
              pada Tanggal tersebut                                                   (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                                  unless otherwise stated)
             kecuali dinyatakan lain)


18. LIABILITAS IMBALAN KERJA (lanjutan)                                   18. LIABILITY                FOR   EMPLOYEE           BENEFITS
                                                                              (continued)

   Asumsi utama yang digunakan dalam menentukan                                 The main assumptions used in determining the
   estimasi biaya dan liabilitas imbalan kerja adalah                           expense and liabilities of employee benefits are
   sebagai berikut:                                                             as follows:
                                            31 Desember/                  31 Desember/
                                          December 31, 2024             December 31, 2023

   Usia pensiun normal                                          55                       55                               Retirement age
   Tingkat diskonto                                   6,88%-7,13%              6,37%-7,10%                                  Discount rate
   Tingkat kenaikan gaji tahunan                            7,00%                    7,00%                         Annual salary increase
   Tingkat pengunduran diri
      karyawan tahunan                                11,00%                       11,00%                       Annual employee turnover
                                                     10% dari                     10% dari
                                            Tingkat Kematian/            Tingkat Kematian/
                                                       10% of                       10% of
   Tingkat cacat                                 Mortality rate               Mortality rate                                Disability rate
   Tabel tingkat kematian                              TMI’19                       TMI’19                          Table of mortality rate

   Perubahan satu poin persentase dalam tingkat                                 A one percentage point change in the assumed
   yang diasumsikan terhadap kenaikan dan                                       rate of increase and decrease in discount rate
   penurunan tingkat diskonto akan memiliki dampak                              would have the following effect (unaudited):
   sebagai berikut (tidak diaudit):

                                            31 Desember/                        31 Desember/
                                          December 31, 2024                  December 31, 2023

                                       Kenaikan/         Penurunan/      Kenaikan/         Penurunan/
                                        Increase         Decrease        Increase          Decrease

                                                                                                                       Effect on present value of
   Dampak pada nilai kini liabilitas                                                                                         employee benefit
     imbalan kerja                          (2.216)            2.517           (2.128)             2.426                           obligations


   Perubahan satu poin persentase dalam tingkat                                 A one percentage point change in the assumed
   yang diasumsikan terhadap kenaikan dan                                       rate of increase and decrease in salary increase
   penurunan tingkat kenaikan gaji akan memiliki                                rate would have the following effect (unaudited):
   dampak sebagai berikut (tidak diaudit):
                                            31 Desember/                        31 Desember/
                                          December 31, 2024                  December 31, 2023

                                       Kenaikan/         Penurunan/      Kenaikan/         Penurunan/
                                        Increase         Decrease        Increase          Decrease

                                                                                                                       Effect on present value of
   Dampak pada nilai kini liabilitas                                                                                         employee benefit
     imbalan kerja                          2.304             (2.072)          2.198               (1.971)                         obligations



   Analisis jatuh tempo yang diharapkan dari liabilitas                         Expected maturity analysis of undiscounted
   imbalan kerja yang tidak terdiskonto adalah                                  liability for employee benefits is as follows:
   sebagai berikut:
                                            31 Desember/                  31 Desember/
                                          December 31, 2024             December 31, 2023

   Dalam 1-2 tahun                                           2.356                         2.544                          Within 1-2 years
   Dalam 2-5 tahun                                           7.876                         4.491                          Within 2-5 years
   Dalam 5-10 tahun                                         19.494                        16.588                         Within 5-10 years
   Melebihi 10 tahun                                       144.623                       144.376                         Beyond 10 years

   Total perkiraan pembayaran                              174.349                       167.999                 Total expected payments

   Rata-rata durasi kewajiban                                                                                        Average duration of
     imbalan pasti                                           13,27                         13,89             defined benefit obligation




                                                                 83
Page 379
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                              As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                        and for the Year Then Ended
             pada Tanggal tersebut                                          (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                         unless otherwise stated)
            kecuali dinyatakan lain)


18. LIABILITAS IMBALAN KERJA (lanjutan)                             18. LIABILITY        FOR       EMPLOYEE           BENEFITS
                                                                        (continued)

   Berdasarkan Surat Edaran No. SE.2014/PREDI-                          Based on Circular Letter No. SE.2014/PREDI-
   BIIFC, diatur bahwa setiap karyawan berhak atas                      BIIFC, stated that every employee is entitled for
   penghargaan masa kerja yaitu sebesar Rp10 untuk                      working service award amounting to Rp10 for
   masa kerja 10 (sepuluh) tahun, Rp20 untuk masa                       working service 10 (ten) years, Rp20 for working
   kerja 20 (dua puluh) tahun dan Rp30 untuk masa                       service 20 (twenty) years and Rp30 for working
   kerja 30 (tiga puluh) tahun. Penghargaan masa                        service 30 (thirty) years. This working service
   kerja ini termasuk dalam penghitungan liabilitas                     award is included in the calculation of liability for
   imbalan kerja Perusahaan sebagai imbalan kerja                       employee benefits as other long-term benefit plan.
   jangka panjang lainnya.

19. PERPAJAKAN                                                      19. TAXATION

   Utang pajak penghasilan:                                             Income taxes payable:

                                             31 Desember/           31 Desember/
                                           December 31, 2024      December 31, 2023

   Pajak penghasilan:                                                                                                Income tax:
     Pasal 29                                           30.062                34.945                                Article 29
     Pasal 21                                              377                 1.004                                Article 21
     Pertambahan Nilai (PPN)                             3.573                 1.449                         Value Added Tax
     Pasal 23                                            4.809                 1.955                                Article 23
     Pasal 4 (2)                                            10                   131                              Article 4 (2)
     Pasal 25                                            5.042                 4.326                                Article 25

   Total                                                43.873                43.810                                        Total


   Rekonsiliasi antara laba sebelum beban pajak                         A reconciliation between income before income
   penghasilan sebagaimana disajikan dalam laporan                      tax expense, as shown in the statement of profit
   laba rugi dan penghasilan komprehensif lain                          or loss and other comprehensive income and
   dengan taksiran laba kena pajak untuk tahun yang                     estimated taxable income for the years ended
   berakhir pada tanggal-tanggal 31 Desember 2024                       December 31, 2024 and 2023, are as follows:
   dan 2023, adalah sebagai berikut:

                                                   Tahun yang berakhir
                                                pada tanggal 31 Desember/
                                                Years ended December 31,

                                                 2024                  2023

   Laba sebelum beban pajak penghasilan                                                       Income before income tax expense
     sebagaimana disajikan dalam laporan                                                             as shown in the statement
     laba rugi dan penghasilan                                                                             of profit or loss and
     komprehensif lain                              582.856               571.312                 other comprehensive income

   Beda temporer                                                                                       Temporary differences
   Beban imbalan kerja                                3.006                   1.725                Employee benefit expenses
   Remunerasi                                         9.020                   2.917                             Remuneration
   Penyusutan aset tetap                             (2.092)                  1.907                  Depreciation of fixed assets
   Beban pemasaran                                   (1.301)                  3.545                         Marketing expenses
   Cadangan kerugian penurunan nilai                (23.327)                  1.214             Allowance for impairment losses

   Total                                            (14.694)                11.308                                          Total

   Beda tetap                                                                                           Permanent differences
   Penghasilan bunga                                    (2.492)             (2.514)                              Interest income
   Beban pajak                                             498                 503                                 Tax expenses
   Amortisasi bunga                                                                                        Amortization interest
     piutang karyawan                                     381                   692                 from employee receivables
   Biaya perjamuan                                      1.349                 3.662                     Entertainment expenses
   Beban lain-lain                                      2.309                 5.986                              Other expenses

   Total                                                2.045                 8.329                                         Total


                                                             84
Page 380
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                        As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                  and for the Year Then Ended
             pada Tanggal tersebut                                    (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                   unless otherwise stated)
            kecuali dinyatakan lain)


19. PERPAJAKAN (lanjutan)                                     19. TAXATION (continued)
   Rekonsiliasi antara laba sebelum beban pajak                   A reconciliation between income before income
   penghasilan sebagaimana disajikan dalam laporan                tax expense, as shown in the statement of profit
   laba rugi dan penghasilan komprehensif lain                    or loss and other comprehensive income and
   dengan taksiran laba kena pajak untuk tahun yang               estimated taxable income for the years ended
   berakhir pada tanggal-tanggal 31 Desember 2024                 December 31, 2024 and 2023, are as follows
   dan 2023, adalah sebagai berikut (lanjutan):                   (continued):

                                                 Tahun yang berakhir
                                              pada tanggal 31 Desember/
                                              Years ended December 31,

                                               2024              2023

   Laba sebelum beban pajak penghasilan                                                 Income before income tax expense

   Laba kena pajak                                570.207           590.949                               Taxable income

   Beban pajak penghasilan:                       125.445           130.009                           Income tax expense:
   Dikurangi: pajak dibayar dimuka                (95.383)          (95.064)                            Less: prepaid taxes

   Utang pajak                                     30.062             34.945                                Taxes payable



   Menteri Keuangan Republik Indonesia menerbitkan                The Minister of Finance of the Republic of
   Peraturan Menteri Keuangan (“PMK”) No. 74 pada                 Indonesia issued Minister of Finance Regulation
   tanggal 10 Oktober 2024. Berdasarkan peraturan                 (“PMK”) No. 74 on October 10, 2024. Based on
   tersebut, Perusahaan harus menghitung cadangan                 this regulation, the Company must calculate
   piutang tak tertagih sesuai dengan batasan tertentu            reserves for bad debts in accordance with certain
   yang diatur di dalam PMK No. 74. Perusahaan juga               limits regulated in PMK No. 74. The Company
   harus mulai menerapkan perhitungan nilai                       must also implement the calculation of the
   cadangan piutang tak tertagih tersebut mulai                   reserves for bad debts starting January 1, 2024.
   tanggal 1 Januari 2024. Pada tanggal 1 Januari                 On January 1, 2024, there is an excess value of
   2024, terdapat selisih lebih nilai cadangan per                reserves per fiscal amounting to Rp23,883. In
   fiskal sebesar Rp23.883. Sesuai dengan ketentuan               accordance with the provisions in PMK No. 74,
   di dalam PMK No. 74, maka Perusahaan                           the Company decided to charge the excess
   memutuskan untuk membebankan selisih lebih                     difference in the 2024 income tax calculation.
   tersebut di dalam perhitungan pajak penghasilan
   tahun 2024.

                                                 Tahun yang berakhir
                                              pada tanggal 31 Desember/
                                              Years ended December 31,

                                               2024              2023

   Laba sebelum beban pajak penghasilan                                                 Income before income tax expense
     sebagaimana disajikan dalam                                                                  as shown in statement
     laporan laba rugi dan                                                                     of profit or loss and other
     penghasilan komprehensif lain                582.856           571.312                      comprehensive income
   Beban pajak dengan                                                                        Tax expense at the applicable
     tarif pajak yang berlaku                     128.228           125.689                                        tax rate
   Efek beban pajak dari                                                                       Effect of tax expenses from
     beda tetap                                         450             1.832                     permanent differences
   Pajak tahun sebelumnya                             2.032                 -                              Tax for prior year
   Beban pajak penghasilan                        130.710           127.521                           Income tax expense




                                                         85
Page 381
                                                                               The original financial statements included herein are in the
                                                                                                                     Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                                         As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                                   and for the Year Then Ended
             pada Tanggal tersebut                                                     (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                                    unless otherwise stated)
            kecuali dinyatakan lain)


19. PERPAJAKAN                                                              19. TAXATION
   Rekonsiliasi antara laba sebelum beban pajak                                   A reconciliation between income before income
   penghasilan sebagaimana disajikan dalam laporan                                tax expense, as shown in the statement of profit
   laba rugi dan penghasilan komprehensif lain                                    or loss and other comprehensive income and
   dengan taksiran laba kena pajak untuk tahun yang                               estimated taxable income for the years ended
   berakhir pada tanggal-tanggal 31 Desember 2024                                 December 31, 2024 and 2023, are as follows
   dan 2023, adalah sebagai berikut (lanjutan):                                   (continued):
                                                        Tahun yang berakhir
                                                     pada tanggal 31 Desember/
                                                     Years ended December 31,

                                                      2024                       2023

   Beban pajak penghasilan:                                                                                              Income tax expense:
     Kini                                                 127.477                    130.009                                        Current
     Tangguhan                                              3.233                     (2.488)                                     Deferred

   Total                                                  130.710                    127.521                                                 Total


   Pada tanggal-tanggal 31 Desember 2024 dan                                      As of December 31, 2024 and 2023, the details of
   2023, rincian aset dan liabilitas pajak tangguhan                              deferred tax assets and liabilities are as follows:
   adalah sebagai berikut:
                                                        31 Desember/December 31, 2024

                                                                              Dikreditkan
                                                                              ke laporan
                                                         Dikreditkan/        pendapatan
                                                       (dibebankan) ke     komprehensif lain/
                                                      laporan laba rugi/      Credited to
                                     Saldo Awal/           Credited/             other          Saldo Akhir/
                                      Beginning          (charged) to       comprehensive         Ending
                                       Balance           profit or loss         income            Balance

   Aset pajak tangguhan -                                                                                                Deferred tax assets - effect
     dampak dari laporan laba rugi                                                                               from statement of profit or loss
   Penyisihan imbalan pasca kerja           5.355                  661                     -            6.016              Post-employment benefits
   Penyusutan aset tetap                      836                 (460)                    -              376             Depreciation of fixed assets
   Remunerasi                               7.227                1.984                     -            9.211                           Remuneration
   Cadangan biaya promosi                     780                 (286)                    -              494        Provision for promotion expense
   Penyisihan piutang                       5.132               (5.132)                    -                -        Allowance for impairment losses
   Aset pajak tangguhan -                                                                                                Deferred tax assets - effect
     dampak dari ekuitas                                                                                                              from equity
   Penyisihan imbalan pasca kerja             (14)                    -                (240)             (254)             Post-employment benefits

   Total                                   19.316               (3.233)                (240)           15.843                                   Total


                                                        31 Desember/December 31, 2023

                                                                              Dikreditkan
                                                                              ke laporan
                                                         Dikreditkan/        pendapatan
                                                       (dibebankan) ke     komprehensif lain/
                                                      laporan laba rugi/      Credited to
                                     Saldo Awal/           Credited/             other          Saldo Akhir/
                                      Beginning          (charged) to       comprehensive         Ending
                                       Balance           profit or loss         income            Balance

   Aset pajak tangguhan -                                                                                                Deferred tax assets - effect
     dampak dari laporan laba rugi                                                                               from statement of profit or loss
   Penyisihan imbalan pasca kerja           4.975                  380                     -            5.355              Post-employment benefits
   Penyusutan aset tetap                      416                  420                     -              836             Depreciation of fixed assets
   Remunerasi                               6.586                  641                     -            7.227                           Remuneration
   Cadangan biaya promosi                       -                  780                     -              780        Provision for promotion expense
   Penyisihan piutang                       4.865                  267                     -            5.132        Allowance for impairment losses
   Aset pajak tangguhan -                                                                                                Deferred tax assets - effect
     dampak dari ekuitas                                                                                                              from equity
   Penyisihan imbalan pasca kerja            (210)                    -                 196               (14)             Post-employment benefits

   Total                                   16.632                2.488                  196            19.316                                   Total




                                                                  86
Page 382
                                                                       The original financial statements included herein are in the
                                                                                                             Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                          PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                          NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                               As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                         and for the Year Then Ended
             pada Tanggal tersebut                                           (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                          unless otherwise stated)
            kecuali dinyatakan lain)


19. PERPAJAKAN (lanjutan)                                           19. TAXATION (continued)

   Berdasarkan Undang-Undang Perpajakan yang                              Under the prevailing Taxation Laws of Indonesia,
   berlaku di Indonesia, Perusahaan menghitung,                           the Company calculates, determines and pays its
   menetapkan dan membayar sendiri besarnya                               tax payable based on self-assessment. The
   jumlah pajak yang terutang. Direktur Jenderal Pajak                    Director General of Taxes (DGT) may assess or
   (DJP) dapat menetapkan atau mengubah liabilitas                        amend taxes within five years from the time the
   pajak dalam batas waktu lima tahun sejak saat                          tax becomes due.
   terutangnya pajak.
   Perhitungan pajak penghasilan untuk tahun yang                         The income tax calculation for the year ended
   berakhir pada tanggal-tanggal 31 Desember 2024                         December 31, 2024 and 2023 as disclosed in
   dan 2023 sebagaimana diungkapkan dalam catatan                         Note 19 will be the basis in filing Annual
   19 akan menjadi dasar dalam pengisian Surat                            Corporate Income Tax Return.
   Pemberitahuan     Tahunan       (“SPT”)  Pajak
   Penghasilan Badan.
   Perusahaan telah menerima Surat Permintaan                             The Company has received Request Letter of
   Penjelasan atas Data dan/atau Keterangan                               Explanation on Data and/or Information (SP2DK)
   (SP2DK) untuk tahun pajak 2021 di bulan Mei                            for fiscal year 2021 in May 2024. The Company
   2024. Atas hasil SP2DK tersebut, Perusahaan                            has agreed on the result of the SP2DK to pay the
   setuju untuk membayar kekurangan pajak                                 underpayment of income tax art 29, tax art 21,
   penghasilan pasal 29, pajak pasal 21, pasal 23 dan                     tax art 23 and VAT amounted to Rp2,032,
   PPN masing-masing sebesar Rp2.032, Rp461,                              Rp461, Rp66 and Rp52, respectively.
   Rp66 dan Rp52.


20. MODAL SAHAM                                                     20. CAPITAL STOCK

   Rincian pemegang saham Perusahaan dan                                  The Company’s shareholders and their share
   kepemilikan sahamnya pada tanggal-tanggal                              ownerships as of December 31, 2024 and 2023
   31 Desember 2024 dan 2023 adalah sebagai                               are as follows:
   berikut:

                                                         Persentase                Total
                                                        kepemilikan/       (dalam nilai penuh)/
                                   Jumlah saham/       Percentage of               Total
   Pemegang saham                  Number of shares      ownership           (in full amount)                          Shareholders
   PT Bank Maybank Indonesia Tbk          32.369.999             99,99%        32.369.999.000         PT Bank Maybank Indonesia Tbk

   Koperasi Karyawan                                                                                              Koperasi Karyawan
     PT Bank Internasional                                                                                    PT Bank Internasional
     Indonesia Tbk                                1              0,01%                  1.000                       Indonesia Tbk

   Total                                  32.370.000          100,00%          32.370.000.000                                  Total



   Dividen kas                                                            Cash dividends

   Berdasarkan Keputusan Rapat Umum Pemegang                              Based on the decision of Annual General Meeting
   Saham Tahunan pada tanggal 30 Maret 2023,                              of the Shareholders on March 30, 2023, the
   pemegang saham telah memutuskan untuk                                  shareholders approved the distribution of cash
   mendistribusikan dividen kas sebesar Rp176.186                         dividends amounting to Rp176,186, which had
   yang telah dibayarkan pada tanggal 12 April 2023,                      been paid on April 12, 2023, from Company’s
   yang berasal dari saldo laba pada tanggal                              retained earnings as of December 31, 2022.
   31 Desember 2022.


   Berdasarkan Keputusan Rapat Umum Pemegang                              Based on the decision of Annual General Meeting
   Saham Tahunan pada tanggal 21 Maret 2024,                              of the Shareholders on March 21, 2024, the
   pemegang saham telah memutuskan untuk                                  shareholders approved the distribution of cash
   mendistribusikan dividen kas sebesar Rp177.516                         dividends amounting to Rp177,516, which had
   yang telah dibayarkan pada tanggal 18 April 2024,                      been paid on April 18, 2024, from Company’s
   yang berasal dari saldo laba pada tanggal                              retained earnings as of December 31, 2023.
   31 Desember 2023.
                                                            87
Page 383
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                         As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                   and for the Year Then Ended
             pada Tanggal tersebut                                     (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                    unless otherwise stated)
            kecuali dinyatakan lain)


21. PENGGUNAAN LABA BERSIH                                      21. APPROPRIATION OF NET INCOME
   Pada tanggal-tanggal 31 Desember 2024 dan 2023,                 As of December 31, 2024 and 2023, the
   Perusahaan memiliki cadangan umum sejumlah                      Company has a general reserve amounting to
   Rp6.500      sesuai      dengan     Undang-Undang               Rp6,500 in accordance with Law of the Republic
   No. 40/2007 efektif tanggal 16 Agustus 2007 tentang             of Indonesia No. 40/2007 effective on August 16,
   Perseroan Terbatas, yang mengharuskan perusahaan                2007 regarding Limited Liability Company, which
   di Indonesia untuk membuat penyisihan cadangan                  requires Indonesian companies to set up
   umum sebesar sekurang-kurangnya 20% dari jumlah                 a general reserve amounting to at least 20% of
   modal yang ditempatkan dan disetor penuh. Undang-               the Company’s issued and paid up share capital.
   undang tersebut tidak mengatur jangka waktu untuk               There is no set period of time over which this
   pemenuhan penyisihan cadangan umum minimum                      amount should be provided.
   tersebut.

22. PENDAPATAN PEMBIAYAAN KONSUMEN                              22. CONSUMER FINANCING INCOME
                                                 Tahun yang berakhir
                                              pada tanggal 31 Desember/
                                              Years ended December 31,

                                               2024               2023

   Pihak berelasi (Catatan 31)                                                                Related parties (Note 31)
   PT Wahana Ottomitra Multiartha Tbk                                                  PT Wahana Ottomitra Multiartha Tbk
     Pendapatan pembiayaan konsumen                   1.954              1.611              Consumer financing income

   Pihak ketiga                                                                                               Third parties
   Pendapatan pembiayaan konsumen -
     bruto                                       3.332.694         3.160.556          Consumer financing income - gross

   Total pendapatan pembiayaan konsumen -                                               Total consumer financing income -
     bruto                                       3.334.648         3.162.167                                           gross
   Hak-hak bank berhubungan dengan                                                    Bank’s rights on such income relating
     transaksi pembiayaan bersama               (2.507.775)        (2.269.140)                        to the joint financing

   Total pendapatan pembiayaan                                                                  Total consumer financing
     konsumen - neto                              826.873            893.027                               income - net


   Untuk tahun yang berakhir pada tanggal-tanggal                  For the years ended December 31, 2024 and
   31 Desember 2024 dan 2023, amortisasi biaya                     2023, amortization of transaction costs which
   transaksi yang diakui sebagai pendapatan                        were recognized as consumer financing income
   pembiayaan konsumen masing-masing sebesar                       amounted to Rp209,053 and Rp384,831,
   Rp209.053 dan Rp384.831.                                        respectively.

   Jumlah pendapatan pembiayaan konsumen yang                      Consumer financing income received from related
   diterima dari pihak berelasi sebesar Rp1.954 dan                parties amounted to Rp1,954 and Rp1,611 for the
   Rp1.611 masing-masing untuk tahun berakhir pada                 years ended December 31, 2024 and 2023,
   tanggal-tanggal 31 Desember 2024 dan 2023                       respectively (Note 31).
   (Catatan 31).

23. PENDAPATAN BUNGA                                            23. INTEREST INCOME
                                                 Tahun yang berakhir
                                              pada tanggal 31 Desember/
                                              Years ended December 31,

                                               2024               2023

   Pihak berelasi (Catatan 31)                                                                   Related parties (Note 31)
   PT Bank Maybank Indonesia Tbk                                                           PT Bank Maybank Indonesia Tbk
     Pendapatan bunga dari jasa giro                  1.802              1.805      Interest income from current accounts

   Pihak ketiga                                                                                              Third parties
   Pendapatan bunga dari jasa giro                       690              709         Interest income from current accounts

   Total pendapatan bunga                             2.492              2.514                       Total interest income


                                                           88
Page 384
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                         As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                   and for the Year Then Ended
             pada Tanggal tersebut                                     (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                    unless otherwise stated)
            kecuali dinyatakan lain)


23. PENDAPATAN BUNGA (lanjutan)                                23. INTEREST INCOME (continued)

   Pendapatan bunga terdiri dari pendapatan bunga                  Interest income consists of interest income from
   dari deposito berjangka dan jasa giro dari bank.                time deposit and current accounts from banks.
   Jumlah pendapatan bunga yang diterima dari pihak                Interest income received from related parties
   berelasi sebesar Rp1.802 dan Rp1.805 masing-                    amounted to Rp1,802 and Rp1,805 for the year
   masing untuk tahun yg berakhir pada tanggal-                    ended December 31, 2024 and 2023, respectively
   tanggal 31 Desember 2024 dan 2023 (Catatan 31).                 (Note 31).


24. PENDAPATAN SEWA PEMBIAYAAN                                 24. FINANCE LEASE INCOME

                                                  Tahun yang berakhir
                                               pada tanggal 31 Desember/
                                               Years ended December 31,

                                                2024              2023

   Pihak berelasi (Catatan 31)                                                                 Related parties (Note 31)
   PT Asuransi Etiqa Internasional Indonesia                                     PT Asuransi Etiqa Internasional Indonesia
     Pendapatan sewa pembiayaan                         658                  -            Finance lease income income

   Pihak ketiga                                                                                              Third parties
   Pendapatan sewa pembiayaan                      242.060           162.798                          Finance lease income

   Total pendapatan pembiayaan                                                                  Total consumer financing
     konsumen - neto                               242.718           162.798                               income - net




25. PENDAPATAN LAIN-LAIN                                       25. OTHER INCOME

                                                  Tahun yang berakhir
                                               pada tanggal 31 Desember/
                                               Years ended December 31,

                                                2024              2023

   Pihak berelasi (Catatan 31)                                                                  Related parties (Note 31)
   PT Maybank Sekuritas Indonesia                                                          PT Maybank Sekuritas Indonesia
     Pendapatan dividen (Catatan 9)                 14.910             11.010                  Dividend income (Note 9)

   Pihak ketiga                                                                                               Third parties
   Penerimaan piutang yang telah
     dihapus bukukan                                25.147             28.082           Recovery from receivable written off
   Keuntungan atas penjualan aset
     tetap (Catatan 11)                                  167               136        Gain on sale of fixed assets (Note 11)
   Lainnya                                             1.263             1.895                                        Other
   Total                                            41.487             41.123                                          Total


   Pendapatan   lain-lain  -   Lainnya   terutama                  Other income - Others mainly                 represents
   merupakan penyelesaian suspend account.                         suspend account settlement.




                                                          89
Page 385
                                                            The original financial statements included herein are in the
                                                                                                  Indonesian language.

      PT MAYBANK INDONESIA FINANCE                               PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                               NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                    As of December 31, 2024
       serta Untuk Tahun yang Berakhir                              and for the Year Then Ended
             pada Tanggal tersebut                                (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                               unless otherwise stated)
            kecuali dinyatakan lain)


26. BEBAN TENAGA KERJA                                    26. EMPLOYEE EXPENSES
                                             Tahun yang berakhir
                                          pada tanggal 31 Desember/
                                          Years ended December 31,

                                           2024              2023

   Gaji dan tunjangan                          81.685             74.620                          Salaries and benefits
   Remunerasi                                  38.201             28.540                                 Remuneration
   Tunjangan insentif                          13.852             17.455                                     Incentives
   Lainnya                                     26.624             23.413                                        Others

   Total                                      160.362           144.028                                           Total




27. BEBAN PENDANAAN                                       27. FINANCING EXPENSES
                                             Tahun yang berakhir
                                          pada tanggal 31 Desember/
                                          Years ended December 31,

                                           2024              2023

   Utang obligasi                              73.110           113.518                                 Bonds payable
   Utang bank                                 143.815           111.719                                    Bank loans
   Total                                      216.925           225.237                                           Total


   Jumlah beban pendanaan atas utang obligasi dan             Financing expenses for bonds payable and bank
   utang bank kepada pihak berelasi masing-masing             loans to related parties amounted to Rp723 and
   sebesar Rp723 dan Rp1.052 untuk tahun yang                 Rp1,052 for the year ended December 31, 2024
   berakhir pada tanggal 31 Desember 2024 dan                 and Rp5,204 and Rp2,983 for the year ended
   Rp5.204 dan Rp2.983 untuk tahun yang berakhir              December 31, 2023 (Note 31).
   pada tanggal 31 Desember 2023 (Catatan 31).

28. BEBAN PEMASARAN                                       28. MARKETING EXPENSES

                                             Tahun yang berakhir
                                          pada tanggal 31 Desember/
                                          Years ended December 31,

                                           2024              2023

   Beban promosi                                  9.481           10.000                          Promotion expenses
   Beban perjamuan lainnya                        6.082            6.292                       Entertainment expenses
   Beban iklan                                       57               44                         Advertising expenses

   Total                                       15.620             16.336                                          Total



29. BEBAN LAIN-LAIN                                       29. OTHER EXPENSES

                                             Tahun yang berakhir
                                          pada tanggal 31 Desember/
                                          Years ended December 31,

                                           2024              2023

   Beban pemeliharaan                                                                          Maintenance expense
   Beban pemeliharaan komputer                    7.653             4.566             Computer maintenance expense
   Beban pemeliharaan gedung                      1.074             1.011              Building maintenance expense
   Beban pemeliharaan kendaraan                     344               270               Vehicle maintenance expense
   Beban lainnya                                    274               340                             Others expense

   Sub-total                                      9.345             6.187                                     Sub-total


                                                     90
Page 386
                                                                The original financial statements included herein are in the
                                                                                                      Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                        As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                  and for the Year Then Ended
             pada Tanggal tersebut                                    (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                   unless otherwise stated)
            kecuali dinyatakan lain)


29. BEBAN LAIN-LAIN (lanjutan)                                29. OTHER EXPENSES (continued)

                                                 Tahun yang berakhir
                                              pada tanggal 31 Desember/
                                              Years ended December 31,

                                               2024              2023

   Beban umum dan administrasi                                                     General and administration expense
   Beban jasa cleaning service dan keamanan           5.960             5.125   Cleaning service and securities service fee
   Beban fidusia                                      5.799             5.866                           Fiduciary expense
   Beban premi asuransi                               7.482             5.754                 Insurance premium expense
   Beban pelatihan                                    4.146             3.873                                   Training fee
   Beban komunikasi                                   2.839             3.535                     Communication expense
   Beban OJK                                          3.480             3.309                                      OJK Fee
   Beban perjalanan dinas                             2.541             2.111                           Travelling expense
   Beban sewa                                         1.727             1.854                                       Rentals
   Beban air dan listrik                              2.057             1.952                         Water and electricity
   Beban transportasi                                 1.677             1.771                      Transportation expense
   Beban jasa profesional                             1.705             1.265                      Professional service fee
   Beban persediaan kantor                            1.292             1.250                               Office supplies
   Beban bahan bakar kendaraan                          777               682                    Vehicle gasoline expense
   Beban pajak                                          981               490                                 Tax expense
   Beban administrasi bank                              344               343                Bank administration expense
   Beban lainnya                                      6.920             7.962                              Others expense

   Sub-total                                       49.727             47.142                                      Sub-total

 Beban non-operasional                                                                            Non-operating expense
   Beban tunjangan sewa rumah                                                                     Rent house and furniture
     dan perabotan                                     414                442                         benefit expenses
   Beban lainnya                                       198                272                             Others expense

   Sub-total                                           612                714                                     Sub-total

   Total                                           59.684             54.043                                          Total


30. LABA PER SAHAM DASAR                                      30. BASIC EARNINGS PER SHARE

                                                 Tahun yang berakhir
                                              pada tanggal 31 Desember/
                                              Years ended December 31,

                                               2024              2023

   Laba tahun berjalan                            452.146           443.791                             Income for the year
   Jumlah rata-rata tertimbang saham                                                    Weighted average common shares
     (lembar)                                  32.370.000         32.370.000                                  (share)
   Laba per saham dasar                                                                                 Earnings per share
     (Dinyatakan dalam nilai penuh Rupiah)         13.968             13.710        (Expressed in full amount of Rupiah)




                                                         91
Page 387
                                                               The original financial statements included herein are in the
                                                                                                     Indonesian language.

     PT MAYBANK INDONESIA FINANCE                                   PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                   NOTES TO FINANCIAL STATEMENTS
         Tanggal 31 Desember 2024                                        As of December 31, 2024
      serta Untuk Tahun yang Berakhir                                  and for the Year Then Ended
            pada Tanggal tersebut                                    (Expressed in millions of Rupiah,
       (Disajikan dalam jutaan Rupiah,                                   unless otherwise stated)
           kecuali dinyatakan lain)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                         31. TRANSACTIONS AND                BALANCES          WITH
    PIHAK BERELASI                                                RELATED PARTIES

  Dalam kegiatan usaha normal, Perusahan                         In the normal course of business, the Company is
  melakukan transaksi dengan pihak-pihak berelasi.               engaged in transactions with related parties. The
  Pihak-pihak berelasi, sifat dari hubungan, dan sifat           related parties, nature of relationships, and nature
  dari transaksi adalah sebagai berikut:                         of transactions are as follows:

                                              Sifat dari hubungan/                        Sifat dari transaksi/
         Pihak berelasi/
                                              Nature of relationship                     Nature of transaction
         Related parties

   PT Bank Maybank Indonesia Tbk      Pemegang saham mayoritas                  Rekening     giro     dan     deposito
                                      Perusahaan/The majority shareholder       berjangka/current accounts and time
                                      of the Company                            deposits, sewa ruangan kantor/office
                                                                                space rental, perjanjian pembiayaan
                                                                                bersama/joint financing agreement,
                                                                                piutang sewa pembiayaan/finance
                                                                                lease receivables, utang obligasi/
                                                                                bonds payable, utang bank/bank
                                                                                loans, utang lain-lain/others payable,
                                                                                beban akrual/accrued expenses,
                                                                                pendapatan bunga/interest income,
                                                                                beban pendanaan/financing cost.

   Malayan      Banking      Berhad   Pemegang saham utama PT Bank             Utang obligasi/Bonds Payable, beban
   (Maybank)                          Maybank Indonesia Tbk / The ultimate     pendanaan/financing cost, beban
                                      shareholder of PT Bank Maybank           akrual/accrued expenses.
                                      Indonesia Tbk

   PT Wahana Ottomitra Multiartha Hubungan entitas pengendali dengan            Fasilitas pembiayaan          konsumen-
   Tbk (WOM)                      Perusahaan/Under common                       kendaraan/Consumer              financing
                                  ownership with the Company                    facilities-vehicles.
   PT Maybank Sekuritas Indonesia     Entitas sepengendali/Under common         Perusahaan melakukan investasi
                                      control                                   dalam     saham      MKES     dan
                                                                                pendapatan dividen/The Company
                                                                                has investment in shares of MKES
                                                                                and dividend income.

   PT Maybank Asset Management        Entitas sepengendali/Under common         Utang   obligasi/Bonds    Payable,
                                      control                                   beban pendanaan/financing cost,
                                                                                beban akrual/accrued expenses
   PT Asuransi Etiqa Internasional Entitas sepengendali/Under common            Piutang sewa pembiayaan/finance
   Indonesia                       control                                      lease receivables, Pendapatan sewa
                                                                                pembiayaan/finance lease income,
                                                                                Premi asuransi kerugian debitur dan
                                                                                utang      obligasi/Debtor’s    loss
                                                                                insurance premium.
   Dewan        Komisaris     dan     Manajemen kunci/Key management            Perusahaan menyediakan imbalan
   Direksi/Board of Commissioners                                               dan manfaat berupa gaji dan
   and Directors                                                                kesejahteraan, serta imbalan kerja
                                                                                jangka     pendek/The     Company
                                                                                provides salary and benefits, also
                                                                                short-term employee benefit.




                                                         92
Page 388
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                             As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
               pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
              kecuali dinyatakan lain)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                              31. TRANSACTIONS AND BALANCES                          WITH
    PIHAK BERELASI (lanjutan)                                          RELATED PARTIES (continued)
  Dalam kegiatan usahanya, Perusahaan melakukan                        In performing its business, the Company engages
  transaksi-transaksi tertentu dengan pihak berelasi.                  in certain transactions with the related parties.
  Transaksi-transaksi tersebut meliputi antara lain:                   Those transactions included:

  a.    Perusahaan memberikan kompensasi dan                           a.    The Company provides compensation and
        manfaat kepada Dewan Komisaris dan Direksi                           benefits for the Boards of Commissioners
        sebagai berikut:                                                     and Directors as follows:

                                                   Tahun yang berakhir
                                                pada tanggal 31 Desember/
                                                Years ended December 31,

                                                 2024                 2023

        Imbalan kerja jangka pendek                  12.419                 11.923           Short-term employee benefits

        Persentase terhadap total beban                 2.33%               2,26%            Percentage to total expenses

  b.    Perusahaan       memperoleh      pendapatan                    b.    The Company obtained consumer financing
        pembiayaan konsumen dari pihak berelasi.                             income from the related party. The detail
        Rincian mengenai pendapatan pembiayaan                               about consumer financing income and
        konsumen      serta  piutang     pembiayaan                          consumer financing receivable from related
        konsumen dari transaksi pihak berelasi adalah                        party are as follows:
        sebagai berikut:

                                                   Tahun yang berakhir
                                                pada tanggal 31 Desember/
                                                Years ended December 31,

                                                 2024                 2023
        Pendapatan pembiayaan                                                                            Consumer financing
          Konsumen (Catatan 22)                                                                           income (Note 22)
          PT Wahana Ottomitra                                                                          PT Wahana Ottomitra
            Multiartha Tbk                              1.954                1.611                          Multiartha Tbk

        Persentase terhadap total pendapatan            0,18%               0,15%                   Percentage to total revenue

                                             31 Desember/          31 Desember/
                                           December 31, 2024     December 31, 2023
        Piutang pembiayaan                                                                                  Consumer finance
          konsumen-neto (Catatan 6)                                                                  receivable-net (Note 6)
          PT Wahana Ottomitra                                                                             PT Wahana Ottomitra
             Multiartha Tbk                             17.765                13.839                          Multiartha Tbk

        Persentase terhadap total aset                  0,22%                 0,17%                   Percentage to total assets

  c.    Perusahaan memperoleh pendapatan bunga                         c. The Company obtained interest income from
        dari pihak berelasi. Rincian mengenai                             the related parties. The details regarding
        pendapatan bunga dan kas dan bank dari                            interest income and cash and banks from the
        transaksi pihak berelasi adalah sebagai                           related parties as follows:
        berikut:

                                                   Tahun yang berakhir
                                                pada tanggal 31 Desember/
                                                Years ended December 31,

                                                 2024                 2023
        Pendapatan bunga (Catatan 23)                                                             Interest income (Note 23)
          PT Bank Maybank Indonesia Tbk                 1,802                1.805         PT Bank Maybank Indonesia Tbk

        Persentase terhadap total pendapatan            0,16%               0,16%                  Percentage to total revenues


                                                            93
Page 389
                                                                     The original financial statements included herein are in the
                                                                                                           Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                             As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
               pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
              kecuali dinyatakan lain)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                              31. TRANSACTIONS AND BALANCES                          WITH
    PIHAK BERELASI (lanjutan)                                          RELATED PARTIES (continued)

  Dalam kegiatan usahanya, Perusahaan melakukan                        In performing its business, the Company engages
  transaksi-transaksi tertentu dengan pihak berelasi.                  in certain transactions with the related parties.
  Transaksi-transaksi tersebut meliputi antara lain                    Those transactions included (continued):
  (lanjutan):

   c. Perusahaan memperoleh pendapatan bunga                           c. The Company obtained interest income from
      dari pihak berelasi. Rincian mengenai                               the related parties. The details regarding
      pendapatan bunga dan kas dan bank dari                              interest income and cash and banks from the
      transaksi pihak berelasi adalah sebagai                             related parties as follows: (continued)
      berikut: (lanjutan)

                                             31 Desember/          31 Desember/
                                           December 31, 2024     December 31, 2023
        Kas dan bank (Catatan 4)                                                                   Cash and banks (Note 4)
          PT Bank Maybank Indonesia Tbk              30.906                 147.372        PT Bank Maybank Indonesia Tbk

        Persentase terhadap total aset                  0,38%                1,82%                   Percentage to total assets

  d.    Perusahaan memperoleh pendapatan sewa                          d.     The Company obtained finance lease
        pembiayaan dari pihak berelasi. Rincian                               income from the related party. The detail
        mengenai pendapatan sewa pembiayaan serta                             about finance lease income and finance
        piutang sewa pembiayaan dari transaksi pihak                          lease receivables from related party are as
        berelasi adalah sebagai berikut:                                      follows:

                                                   Tahun yang berakhir
                                                pada tanggal 31 Desember/
                                                Years ended December 31,

                                                 2024                 2023
        Pendapatan sewa pembiayaan                                                                    Finance lease income
          (Catatan 22)                                                                                             (Note 24)
        PT Asuransi Etiqa Internasional                                                      PT Asuransi Etiqa Internasional
            Indonesia                                     658                     -                             Indonesia

        Persentase terhadap total pendapatan            0,06%                     -                 Percentage to total revenue


                                             31 Desember/          31 Desember/
                                           December 31, 2024     December 31, 2023
        Piutang sewa pembiayaan                                                                                  Finance lease
           (Catatan 5)                                                                             receivable-net (Note 5)
        PT Asuransi Etiqa Internasional                                                      PT Asuransi Etiqa Internasional
             Indonesia                               10.578                       -                             Indonesia

        Persentase terhadap total aset                  0,13%                         -               Percentage to total assets




                                                            94
Page 390
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                              As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                        and for the Year Then Ended
               pada Tanggal tersebut                                          (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                         unless otherwise stated)
              kecuali dinyatakan lain)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                               31. TRANSACTIONS AND BALANCES                          WITH
    PIHAK BERELASI (lanjutan)                                           RELATED PARTIES (continued)

  Dalam kegiatan usahanya, Perusahaan melakukan                         In performing its business, the Company engages
  transaksi-transaksi tertentu dengan pihak berelasi.                   in certain transactions with the related parties.
  Transaksi-transaksi tersebut meliputi antara lain                     Those transactions included (continued):
  (lanjutan):

  e.    Perusahaan melakukan investasi dalam saham                      e.    The Company has investment in shares at
        pada pihak berelasi. Rincian mengenai                                 the related parties. The details regarding
        investasi dalam saham pada pihak berelasi                             investment in shares at related party as
        adalah sebagai berikut:                                               follows:

                                                    Tahun yang berakhir
                                                 pada tanggal 31 Desember/
                                                 Years ended December 31,

                                                  2024                 2023

        Pendapatan lain-lain (Catatan 25)                                                             Other income (Note 25)
        PT Maybank Sekuritas Indonesia                   14.910              11.010             PT Maybank Sekuritas Indonesia

        Persentase terhadap total pendapatan             1,34%               1,00%                  Percentage to total revenues


                                              31 Desember/          31 Desember/
                                            December 31, 2024     December 31, 2023
        Investasi dalam saham (Catatan 9)                                                        Investment in shares (Note 9)
        PT Maybank Sekuritas Indonesia                159.504                 159.504           PT Maybank Sekuritas Indonesia

        Persentase terhadap total aset                   1,94%                 1,97%                   Percentage to total assets

  f.    Perusahaan memiliki beban pendanaan dan                         f.    The Company has financing, provision and
        beban provisi dan komisi kepada pihak-pihak                           commission expenses to the related parties.
        berelasi. Rincian mengenai beban pendanaan                            The details about financing, provision and
        dan beban provisi dan komisi kepada pihak                             commission expenses to the related party
        berelasi adalah sebagai berikut:                                      are as follows:

                                                    Tahun yang berakhir
                                                 pada tanggal 31 Desember/
                                                 Years ended December 31,

                                                  2024                 2023
        Beban pendanaan (Catatan 27)                                                            Financing expenses (Note 27)
          Beban bunga-utang bank                                                                 Interest expense-bank loan
            PT Bank Maybank Indonesia Tbk                1.052                2.983       PT Bank Maybank Indonesia Tbk

        Persentase terhadap total beban                  0,20%               0,56%                  Percentage to total expenses

          Beban bunga - obligasi                                                                            Interest expense -
            Malayan Banking Berhad                                                                        bonds obligation
              (Maybank)                                    708                3.739     Malayan Banking Berhad (Maybank)
            PT Maybank Asset Management                     15                    -        PT Maybank Asset Management
            PT Bank Maybank Indonesia Tbk                    -                1.465       PT Bank Maybank Indonesia Tbk

        Total beban pendanaan                              723                5.204                   Total financing expenses

        Persentase terhadap total beban                  0,14%               0,99%                  Percentage to total expenses




                                                             95
Page 391
                                                                          The original financial statements included herein are in the
                                                                                                                Indonesian language.

        PT MAYBANK INDONESIA FINANCE                                             PT MAYBANK INDONESIA FINANCE
       CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO FINANCIAL STATEMENTS
            Tanggal 31 Desember 2024                                                  As of December 31, 2024
         serta Untuk Tahun yang Berakhir                                            and for the Year Then Ended
               pada Tanggal tersebut                                              (Expressed in millions of Rupiah,
          (Disajikan dalam jutaan Rupiah,                                             unless otherwise stated)
              kecuali dinyatakan lain)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                                   31. TRANSACTIONS AND BALANCES                           WITH
    PIHAK BERELASI (lanjutan)                                               RELATED PARTIES (continued)

  Dalam kegiatan usahanya, Perusahaan melakukan                             In performing its business, the Company engages
  transaksi-transaksi tertentu dengan pihak berelasi.                       in certain transactions with the related parties.
  Transaksi-transaksi tersebut meliputi antara lain                         Those transactions included (continued):
  (lanjutan):

  g.    Rincian mengenai utang obligasi, utang bank,                        g.    The details of bonds payable, bank loan,
        dan utang lain-lain dengan pihak berelasi                                 dan other payables with the related party
        adalah sebagai berikut:                                                   are as follows:

                                                 31 Desember/           31 Desember/
                                               December 31, 2024      December 31, 2023

        Utang obligasi (Catatan 16)                                                                      Bonds payable (Note 16)
          Malayan Banking Berhad (Maybank)               47.992                  71.424         Malayan Banking Berhad (Maybank)
          PT Maybank Asset Management                       993                       -            PT Maybank Asset Management
          PT Bank Maybank Indonesia Tbk                       -                  27.976           PT Bank Maybank Indonesia Tbk

        Total utang obligasi                             48.985                    99.400                      Total bonds payable

        Persentase terhadap total liabilitas              1,15%                    2,27%                Percentage to total liabilities

          Utang bank (Catatan 13)                                                                             Bank loan (Note 13)
          PT Bank Maybank Indonesia Tbk                           -                36.111           PT Bank Maybank Indonesia Tbk

          Persentase terhadap
            total liabilitas                                      -                0,82%                 Percentage to total liabilities

          Utang lain-lain (Catatan 17)                                                                   Other payables (Note 17)
          PT Asuransi Etiqa Internasional                                                            PT Asuransi Etiqa Internasional
            Indonesia                                                                                                   Indonesia
            Utang asuransi                                16.591                   11.894                    Insurance payables
          PT Bank Maybank Indonesia Tbk                                                             PT Bank Maybank Indonesia Tbk
            Utang atas transaksi                                                                                Payables on joint
               pembayaran bersama                                 -                   88                             financing

          Total utang lain-lain                          16.591                    11.982                      Total other payables

          Persentase terhadap
            total liabilitas                              0,39%                    0,27%                 Percentage to total liabilities

   h. Rincian mengenai beban akrual dengan pihak                            h.    The details of accrued expenses with the
      berelasi adalah sebagai berikut:                                            related party are as follows:

                                                 31 Desember/           31 Desember/
                                               December 31, 2023      December 31, 2022

        Beban akrual (Catatan 15)                                                                    Accrued expenses (Note 15)
        PT Bank Maybank Indonesia Tbk                                                             PT Bank Maybank Indonesia Tbk
          Bunga Utang Obligasi                                    -                   39             Interest on bonds payables
          Bunga Utang Bank                                        -                  172                   Interest on bank loan
        Malayan Banking Berhad (Maybank)                                                        Malayan Banking Berhad (Maybank)
          Bunga utang obligasi                                    -                   27             Interest on bonds payables
        PT Maybank Asset Management                                                                PT Maybank Asset Management
          Bunga utang obligasi                                1                           -          Interest on bonds payables

        Total beban akrual                                     1                     238                   Total accrued expenses

          Persentase terhadap
            total liabilitas                             0,000%                   0,005%                 Percentage to total liabilities




                                                              96
Page 392
                                                                                             The original financial statements included herein are in the
                                                                                                                                   Indonesian language.

     PT MAYBANK INDONESIA FINANCE                                                                 PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO FINANCIAL STATEMENTS
         Tanggal 31 Desember 2024                                                                      As of December 31, 2024
      serta Untuk Tahun yang Berakhir                                                                and for the Year Then Ended
            pada Tanggal tersebut                                                                  (Expressed in millions of Rupiah,
       (Disajikan dalam jutaan Rupiah,                                                                 unless otherwise stated)
           kecuali dinyatakan lain)


31. TRANSAKSI DAN SALDO DENGAN PIHAK-                                                    31. TRANSACTIONS AND BALANCES                                 WITH
    PIHAK BERELASI (lanjutan)                                                                RELATED PARTIES (continued)

   Dalam kegiatan usahanya, Perusahaan melakukan                                               In performing its business, the Company engages
   transaksi-transaksi tertentu dengan pihak berelasi.                                         in certain transactions with the related parties.
   Transaksi-transaksi tersebut meliputi antara lain                                           Those transactions included (continued):
   (lanjutan):

    h.       Perusahaan       mengadakan     kerjasama                                           h. The    Company       has    joint    financing
             pembiayaan bersama dengan PT Bank                                                      agreements with PT Bank Maybank
             Maybank Indonesia Tbk (Catatan 35) yang                                                Indonesia Tbk (Note 35) which liabilities are
             kewajibannya diakui sebagai bagian dari                                                recorded as Other Payables (Note 17) in
             Utang Lain-lain (Catatan 17) pada laporan                                              the statement of financial position.
             posisi keuangan.

32. MANAJEMEN RISIKO KEUANGAN                                                            32. FINANCIAL RISK MANAGEMENT

   Risiko utama dari instrumen keuangan Perusahaan                                             The main risks arising from Company’s financial
   adalah risiko suku bunga, risiko kredit, dan risiko                                         instruments are interest rate risk,credit risk,and
   likuiditas. Perusahaan telah memiliki kebijakan                                             liquidity risk. The Company has policies for
   untuk mengelola masing-masing risiko tersebut                                               managing each of these risks, which are
   yang dijelaskan dengan lebih rinci sebagai berikut:                                         described in details as follows:

   Risiko Suku Bunga                                                                           Interest Rate Risk

   Risiko suku bunga adalah risiko bahwa nilai wajar                                           Interest rate risk is the risk that the fair value or
   atau arus kas masa datang atas instrumen                                                    future cash flows of a financial instrument will
   keuangan akan berfluktuasi karena perubahan                                                 fluctuate because of changes in market interest
   suku bunga pasar. Perusahaan mengupayakan                                                   rates. The Company’s policy is to try to manage
   untuk menerapkan kebijakan penggunaan pinjaman                                              its borrowings using fixed interest rate in order to
   dengan tingkat suku bunga tetap (fixed rate) agar                                           match the fixed interest rate which is charged to
   dapat menutup suku bunga yang dikenakan pada                                                consumers.
   nasabah.

   Tabel di bawah ini menggambarkan rincian jatuh                                              The following tables represent breakdown of
   tempo aset dan liabilitas keuangan Perusahaan                                               maturity dates of Company’s financial assets and
   yang dipengaruhi oleh tingkat bunga.                                                        liabilities which are affected by interest rate.

                                                                  31 Desember/December 31, 2024

                              Suku Bunga Variabel/
                              Variable Interest Rate                                Suku Bunga Tetap/Fixed Interest Rate

                           Kurang dari                       Kurang dari
                             3 bulan/                          3 bulan/
                            Less than      3-12 bulan/        Less than       3-12 bulan/     >1-5 tahun/       > 5 tahun/
                            3 months      3-12 months         3 months       3-12 months      >1-5 years        > 5 years        Total

     Aset keuangan                                                                                                                             Financial assets
     Kas pada bank              48.144                   -              -                -                  -                -      48.144        Cash in banks
     Piutang sewa                                                                                                                                Finance leases
        Pembiayaan                    -                  -         9.580          216.436       2.112.208                    -   2.338.224        receivables
     Piutang pembiayaan                                                                                                                      Consumer financing
        konsumen                      -                  -        69.014          718.288       4.702.766           101.782      5.591.850        receivables
     Piutang lain-lain*)              -                  -             6              124           5.465                 -          5.595   Other receivables*)

     Total                      48.144                   -        78.600          934.848       6.820.439           101.782      7.983.813                  Total

     Liabilitas keuangan                                                                                                                     Financial liabilities
     Utang bank                       -                  -     1.945.833          352.083         661.112                    -   2.959.028           Bank loans
     Utang obligasi                   -                  -             -          899.145               -                    -     899.145        Bonds payable

     Total                            -                  -     1.945.833        1.251.228         661.112                    -   3.858.173                  Total

     Total-neto                 48.144                   -     (1.867.233)      (316.380)       6.159.327           101.782      4.125.640             Total-net



     *)      Piutang lain-lain terdiri dari piutang karyawan dan                                *) Other receivables consists of employee receivables
             piutang ijarah                                                                        and ijarah receivables.



                                                                               97
Page 393
                                                                                             The original financial statements included herein are in the
                                                                                                                                   Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                                PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                                                     As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                                               and for the Year Then Ended
             pada Tanggal tersebut                                                                 (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                                                unless otherwise stated)
            kecuali dinyatakan lain)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                                 32. FINANCIAL RISK MANAGEMENT (continued)

   Risiko Suku Bunga (lanjutan)                                                                Interest Rate Risk (continued)

   Tabel di bawah ini menggambarkan rincian jatuh                                              The following tables represent breakdown of
   tempo aset dan liabilitas keuangan Perusahaan                                               maturity dates of Company’s financial assets and
   yang dipengaruhi oleh tingkat bunga (lanjutan),                                             liabilities which are affected by interest rate
                                                                                               (continued).
                                                                  31 Desember/December 31, 2023

                              Suku Bunga Variabel/
                              Variable Interest Rate                                Suku Bunga Tetap/Fixed Interest Rate

                           Kurang dari                       Kurang dari
                             3 bulan/                          3 bulan/
                            Less than      3-12 bulan/        Less than       3-12 bulan/     >1-5 tahun/       > 5 tahun/
                            3 months      3-12 months         3 months       3-12 months      >1-5 years        > 5 years        Total

     Aset keuangan                                                                                                                                    Financial assets
     Kas pada bank             166.444                   -              -                -                  -                -     166.444               Cash in banks
     Piutang sewa                                                                                                                                       Finance leases
        Pembiayaan                    -                  -        11.273          113.206       1.557.907                    -   1.682.386               receivables
     Piutang pembiayaan                                                                                                                             Consumer financing
        konsumen                      -                  -        37.180          649.228       5.227.754           117.607      6.031.769               receivables
     Piutang lain-lain*)              -                  -            91              177           5.597                 -          5.865          Other receivables*)

     Total                     166.444                   .        48.544          762.611       6.791.258           117.607      7.886.464                        Total

     Liabilitas keuangan                                                                                                                           Financial liabilities
     Utang bank                       -                  -     .1.264.583         382.639         745.833                    -   2.393.055                 Bank loans
     Utang obligasi                   -                  -        349.966         499.572         799.086                    -   1.648.624              Bonds payable

     Total                            -                  -     1.614.549          882.211       1.544.919                    -   4.041.679                        Total

     Total-neto                166.444                   -     (1.566.005)      (119.600)       5.246.339           117.607      3.844.785                   Total-net



     *)      Piutang lain-lain terdiri dari piutang karyawan dan                                *) Other receivables consists of employee receivables
             piutang ijarah                                                                        and ijarah receivables.

   Analisis sensitivitas                                                                       Sensitivity analysis

   Manajemen risiko tingkat suku bunga terhadap                                                The management of interest rate risk against
   batas perubahan tingkat suku bunga dilengkapi                                               interest rate gap limits is supplemented by
   dengan pemantauan atas sensitivitas aset dan                                                monitoring the sensitivity of Company’s financial
   liabilitas keuangan Perusahaan terhadap beberapa                                            assets and liabilities to various standard and
   skenario suku bunga baku maupun non-baku.                                                   non-standard interest rate scenarios. Standard
   Skenario baku yang dilakukan setiap bulan                                                   scenarios that are considered on a monthly basis
   mencakup analisis kenaikan atau penurunan kurva                                             include a 50 basis point (bp) parallel fall or rise in
   imbal hasil sebesar 50 basis poin (bp).                                                     all yield curves.
   Tabel berikut menunjukkan sensitivitas atas                                                 The following table demonstrates the sensitivity
   kemungkinan perubahan tingkat suku bunga pasar,                                             to a reasonably possible change in market
   dengan variabel lain dianggap tetap, terhadap                                               interest rates, with all other variables held
   pendapatan sewa pembiayaan dan pembiayaan                                                   constant, of the finance lease and consumer
   konsumen:                                                                                   financing income:

                                                         31 Desember/                  31 Desember/
                                                       December 31, 2024             December 31, 2023

   Kenaikan suku bunga                                                   15.884                       15.746                              Increase in interest rate
   Penurunan suku bunga                                                 (15.884)                     (15.746)                            Decrease in interest rate




                                                                               98
Page 394
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                           As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
             pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
            kecuali dinyatakan lain)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                         32. FINANCIAL RISK MANAGEMENT (continued)

   Analisis sensitivitas (lanjutan)                                  Sensitivity analysis (continued)
   Tabel berikut menunjukkan sensitivitas atas                        The following table demonstrates the sensitivity
   kemungkinan perubahan tingkat suku bunga pasar,                    to a reasonably possible change in market
   dengan variabel lain dianggap tetap, terhadap                      interest rates, with all other variables held
   beban pendanaan:                                                   constant, of the financing costs:
                                           31 Desember/          31 Desember/
                                         December 31, 2024     December 31, 2023

   Kenaikan suku bunga                               15.271                15.427                     Increase in interest rate
   Penurunan suku bunga                             (15.271)              (15.427)                   Decrease in interest rate

   Risiko Kredit                                                     Credit Risk

   Risiko kredit adalah risiko jika pihak debitur tidak              Credit risk is the risk that a counterparty will not
   memenuhi kewajibannya dalam kontrak konsumen,                     meet its obligations under a customer contract,
   yang     menyebabkan        kerugian     keuangan.                leading to a financial loss. The Company has
   Perusahaan telah melakukan analisa dan                            maintained prudent credit analysis and approval
   persetujuan kredit yang hati-hati dan juga                        process and also monitored consumer financing
   pengawasan terhadap saldo piutang pembiayaan                      and    finance     lease     receivable balances
   konsumen dan sewa pembiayaan dilakukan secara                     continuously in order to minimize the exposure to
   berkesinambungan untuk meminimalisasi piutang                     bad debts.
   yang tidak dapat ditagih.

   Proses persetujuan kredit dimulai dengan proses                   Credit approval processes starting with the initial
   awal penerimaan aplikasi pembiayaan yang selektif                 process selective selection of application and
   dan ditangani dengan prinsip kehati-hatian, dimana                implementation of prudent principle, whereby
   aplikasi pembiayaan akan melalui proses survei                    financing applications will go through the process
   dan analisis pembiayaan untuk kemudian disetujui                  of surveying and financing analysis which was
   oleh komite kredit. Perusahaan juga menerapkan                    then approved by the credit committee.The
   Pedoman Penerapan Prinsip Mengenal Nasabah                        Company also implements Know Your Customer
   yang diatur oleh Peraturan Menteri Keuangan                       as     regulated        in    the      Minister  of
   No. 45/KMK.06/2003 tanggal 30 Januari 2003                        Finance Regulation No. 45/KMK.06/2003 dated
   tentang Penerapan Prinsip Mengenal Nasabah                        January 30, 2003 on Know Your Customer
   bagi Lembaga Keuangan Non Bank, yang telah                        Principles for Non-Bank Financial Institution
   diubah dengan Peraturan Menteri Keuangan                          that had been amended by Minister of
   No. 30/PMK.010/2010 tanggal 9 Februari 2010 dan                   Finance Regulation No. 30/PMK.010/2010 dated
   Peraturan Ketua Badan Pengawas Pasar Modal                        February 9, 2010 and the Capital Market
   dan Lembaga Keuangan No. PER-05/BL/2011                           Supervisory Agency and Financial Institution
   tanggal 30 Maret 2011 tentang Pedoman                             No. PER-05/BL/2011 dated March 30, 2011 on
   Pelaksanaan      Penerapan    Prinsip    Mengenal                 Application Guidelines on Know Your Customer
   Nasabah pada Lembaga Keuangan Non                                 for Non-Bank Financial Institution. Management
   Bank. Manajemen risiko kredit mencakup namun                      of credit risk include, but are not limited to:
   tidak terbatas pada:




                                                          99
Page 395
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                          As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
             pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
            kecuali dinyatakan lain)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                         32. FINANCIAL RISK MANAGEMENT (continued)

   Risiko Kredit (lanjutan)                                         Credit Risk (continued)

   1.   Menjaga agar eksposur kredit kepada setiap                  1. Maintaining credit exposure to each customer
        nasabah berada dalam limit yang ditetapkan                     within the limits set for the client in line with
        kepada nasabah tersebut sesuai dengan                          the calculation of the customer’s credit risk
        perhitungan customer credit risk rating.                       rating.


   2.   Memproses setiap pengajuan aplikasi                         2. Processing every credit application in
        pembiayaan sesuai dengan ketentuan dan                         accordance with the applicable provisions
        prosedur yang berlaku dan memperhatikan                        and procedures and paying attention to the
        identifikasi risiko awal pada nasabah                          early identification of risks in the customer.
        tersebut.

   3.   Melakukan pengawasan dan review terhadap                    3. Monitoring and periodic review of the
        nasabah secara berkala dalam jangka waktu                      customers within a reasonable period of time
        yang wajar serta melakukan analisis deteksi                    and performing analysis for early detection of
        dini atas pembiayaan yang mengarah kepada                      financing that may become uncollectible.
        pembiayaan bermasalah.

   4.   Melakukan pengelolaan risiko kredit yang                    4. Performing      independent credit    risk
        independen dengan kewenangan yang jelas                        management with a clear authorization and
        dan bertanggung jawab.                                         responsibility.

   Eksposur maksimum terhadap risiko kredit                         Maximum exposure to credit risk

   Nilai tercatat dari aset keuangan Perusahaan                     The carrying amount of the Company’s financial
   selain piutang sewa pembiayaan dan piutang                       assets other than finance lease receivables and
   pembiayaan konsumen menggambarkan eksposur                       consumer financing receivables represent the
   maksimum atas risiko kredit.                                     maximum exposure of credit risk.

   Jaminan dan perlindungan kredit lainnya                          Collateral and other credit enhancements

   Nilai dan jenis jaminan yang dibutuhkan                          The amount and type of collateral required
   tergantung pada penilaian risiko kredit dari                     depends on an assessment of the credit risk of
   counterparty. Panduan tentang jenis jaminan dan                  the counterparty. Guidelines are implemented
   parameter penilaian yang bisa diterima telah                     regarding the acceptability of types of collateral
   diimplementasikan.                                               and valuation parameters.

   Umumnya agunan diperlukan dalam setiap                           Generally, collateral is required for all credits
   pemberian kredit sebagai sumber terakhir                         extended as a second source of credit repayment
   pelunasan kredit (secondary source of repayment)                 and also as a form of credit risk mitigation. The
   dan sebagai salah satu bentuk mitigasi risiko kredit.            primary source of credit repayment is the funds
   Sumber utama pelunasan kredit adalah dari hasil                  generated from business operations or income of
   usaha atau pendapatan debitur.                                   the borrowers.

   Dalam hal piutang pembiayaan konsumen dan                        In case of consumer financing and finance lease
   sewa pembiayaan, agunan yang dapat diterima                      receivables, collaterals acceptable by the
   oleh Perusahaan dari konsumen adalah Bukti                       Company from the debtor is the Certificate of
   Pemilikan Kendaraan Bermotor (BPKB) atas                         Ownership of the vehicles financed by the
   kendaraan yang dibiayai oleh Perusahaan.                         Company.

   Dalam    memberikan      pembiayaan     kepada                   In providing financing to customers, the Company
   konsumen, Perusahaan menetapkan minimum                          sets a minimum down payment that must be paid
   uang muka yang harus dibayar oleh konsumen.                      by customers.




                                                           100
Page 396
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                    PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                    NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                         As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                   and for the Year Then Ended
             pada Tanggal tersebut                                     (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                    unless otherwise stated)
            kecuali dinyatakan lain)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                       32. FINANCIAL RISK MANAGEMENT (continued)

   Risiko Kredit (lanjutan)                                        Credit Risk (continued)

   Analisis konsentrasi risiko kredit                              Concentration of credit risk analysis

   Perusahaan terutama bergerak di bidang usaha                    The Company is primarily engaged in consumer
   pembiayaan konsumen yang konsumennya                            financing business in which the customers are
   kebanyakan adalah perorangan dan tidak                          mainly individuals and they are not concentrated
   terkonsentrasi pada wilayah geografis tertentu.                 in the specific geographic region.

   Konsentrasi risiko kredit timbul ketika sejumlah                Concentrations of credit risk arise when a number
   konsumen bergerak dari aktivitas usaha yang sama                of customers are engaged in similar business
   atau aktivitas dalam wilayah geografis yang sama,               activities or activities within the same geographic
   atau ketika mereka memiliki karakteristik yang                  region, or when they have similar characteristics
   sejenis yang akan menyebabkan kemampuan                         that would cause their ability to meet contractual
   untuk memenuhi kewajiban kontraktualnya sama-                   obligations to be similarly affected by changes in
   sama dipengaruhi oleh perubahan kondisi ekonomi                 economic or other conditions.
   atau yang lainnya.

   Tabel berikut menggambarkan jumlah risiko kredit                The following tables describe the amount of
   dan konsentrasi risiko atas piutang yang dimiliki               credit risk and its concentrated risk upon
   Perusahaan:                                                     Company’s receivables:

                                          31 Desember/         31 Desember/
                                        December 31, 2024    December 31, 2023

   Kas pada bank                                                                                              Cash in banks
     Lembaga keuangan                              48.144              166.444                        Financial institution
   Piutang sewa pembiayaan                                                                        Finance lease receivables
     Korporasi                                  2.177.076            1.584.168                                 Corporate
     Individu                                     161.148               98.218                                  Individual

     Sub-total                                  2.338.224            1.682.386                                  Sub-total

   Piutang pembiayaan konsumen                                                              Consumer financing receivables
     Korporasi                                  1.407.498            1.374.075                               Corporate
     Individu                                   4.184.352            4.657.694                                Individual

     Sub-total                                  5.591.850            6.031.769                                  Sub-total

   Piutang lain-lain                                                                                       Other receivables
      Individu                                      9.887                 9.044                                Individual
   Aset lain-lain*)                                                                                           Other assets*)
      Korporasi                                    49.607                 5.329                                Corporate

   Dikurangi: cadangan kerugian                                                              Less: allowance for impairment
     penurunan nilai                              (53.907)              (60.075)                                   losses

   Total                                        7.983.805            7.834.897                                         Total




                                                       101
Page 397
                                                                                          The original financial statements included herein are in the
                                                                                                                                Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                              PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                                                   As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                                             and for the Year Then Ended
             pada Tanggal tersebut                                                               (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                                              unless otherwise stated)
            kecuali dinyatakan lain)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                               32. FINANCIAL RISK MANAGEMENT (continued)

   Risiko Kredit (lanjutan)                                                                  Credit Risk (continued)

   Analisis konsentrasi risiko kredit (lanjutan)                                             Concentration of credit risk analysis (continued)

   Informasi kualitas kredit yang mengalami                                                  The following tables set out the credit risk based
   penurunan nilai dan tidak mengalami penurunan                                             on impaired and not impaired classification as of
   nilai per tanggal-tanggal 31 Desember 2024 dan                                            December 31, 2024 and 2023:
   2023 adalah sebagai berikut:
                                                                     31 Desember/December 31, 2024

                                                  Belum jatuh       Jatuh tempo
                                                  tempo dan           dan tidak
                                               tidak mengalami       mengalami
                                               penurunan nilai/    penurunan nilai/      Mengalami
                                                  Neither past      Past due but       penurunan nilai/
                                               due nor impaired     not impaired          Impaired            Total

   Aset Keuangan                                                                                                                                Financial Assets
   Kas dan bank                                         48.144                   -                   -            48.144                        Cash and banks
   Piutang sewa pembiayaan                           2.276.208              50.473              11.543         2.338.224               Finance lease receivables
   Piutang pembiayaan konsumen                       5.297.103             274.649              20.098         5.591.850          Consumer financing receivables
   Piutang lain-lain                                     9.887                   -                   -             9.887                       Other receivables
   Aset lain-lain*)                                     49.607                   -                   -            49.607                         Others assets*)

   Total                                             7.680.949             325.122              31.641         8.037.712                                     Total
   Dikurangi: cadangan kerugian
     penurunan nilai                                   (27.768)            (16.488)             (9.651)          (53.907)    Less: allowance for impairment losses

   Total                                             7.653.181             308.634              21.990         7.983.805                                    Total


   *) Aset lain-lain terdiri dari piutang subsidi                                            *) Other assets consists of subsidy receivables


                                                                     31 Desember/December 31, 2023

                                                  Belum jatuh       Jatuh tempo
                                                  tempo dan           dan tidak
                                               tidak mengalami       mengalami
                                               penurunan nilai/    penurunan nilai/      Mengalami
                                                  Neither past      Past due but       penurunan nilai/
                                               due nor impaired     not impaired          Impaired            Total

   Aset Keuangan                                                                                                                                 Financial Assets
   Kas dan bank                                        166.444                   -                   -           166.444                         Cash and banks
   Piutang sewa pembiayaan                           1.636.025              36.474               9.887         1.682.386               Finance lease receivables
   Piutang pembiayaan konsumen - neto                5.665.618             344.990              21.161         6.031.769      Consumer financing receivables - net
   Piutang lain-lain                                     9.044                   -                   -             9.044                       Other receivables
   Aset lain-lain*)                                      5.329                   -                   -             5.329                          Others assets*)

   Total                                             7.482.460             381.464              31.048         7.894.972                                     Total
   Dikurangi: cadangan kerugian
     penurunan nilai                                   (31.429)            (19.037)             (9.609)          (60.075)    Less: allowance for impairment losses

   Total                                             7.451.031             362.427              21.439         7.834.897                                    Total


   *) Aset lain-lain terdiri dari piutang subsidi                                            *) Other assets consists of subsidy receivables


   Tabel berikut menunjukkan aging analysis terhadap                                         The following tables summarize the aging analysis
   piutang pembiayaan konsumen dan piutang sewa                                              of consumer financing receivables and finance
   pembiayaan yang telah jatuh tempo tetapi tidak                                            lease receivables which are past due but not
   mengalami penurunan nilai.                                                                impaired.

                                                                  31 Desember/December 31, 2024

                                               1-30 hari/days     31-60 hari/days     61-90 hari/days         Total

   Piutang sewa pembiayaan                             30.614              11.099               8.760            50.473             Finance lease receivables
   Piutang pembiayaan                                                                                                                    Consumer financing
      konsumen                                        211.201              51.236              12.212           274.649                        receivables

                                                      241.815              62.335              20.972           325.122




                                                                             102
Page 398
                                                                                                                  The original financial statements included herein are in the
                                                                                                                                                        Indonesian language.

          PT MAYBANK INDONESIA FINANCE                                                                                       PT MAYBANK INDONESIA FINANCE
         CATATAN ATAS LAPORAN KEUANGAN                                                                                       NOTES TO FINANCIAL STATEMENTS
              Tanggal 31 Desember 2024                                                                                            As of December 31, 2024
           serta Untuk Tahun yang Berakhir                                                                                      and for the Year Then Ended
                 pada Tanggal tersebut                                                                                        (Expressed in millions of Rupiah,
            (Disajikan dalam jutaan Rupiah,                                                                                       unless otherwise stated)
                kecuali dinyatakan lain)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                                                       32. FINANCIAL RISK MANAGEMENT (continued)
   Risiko Kredit (lanjutan)                                                                                             Credit Risk (continued)

   Analisis konsentrasi risiko kredit (lanjutan)                                                                        Concentration of credit risk analysis (continued)
                                                                                    31 Desember/December 31, 2023

                                                             1-30 hari/days        31-60 hari/days            61-90 hari/days                  Total

   Piutang sewa pembiayaan                                                25.380                      7.260                  3.834                 36.474                       Finance lease receivables
   Piutang pembiayaan                                                                                                                                                                Consumer financing
      konsumen                                                          266.842                   62.106                 16.042                   344.990                                  receivables

                                                                        292.222                   69.366                 19.876                   381.464


   Risiko Likuiditas                                                                                                    Liquidity Risk
   Risiko likuiditas merupakan risiko dimana                                                                            Liquidity risk is a risk where the Company does
   Perusahaan tidak memiliki sumber keuangan yang                                                                       not have enough assets to meet its matured
   mencukupi untuk memenuhi liabilitasnya yang telah                                                                    liability or line of credit facility for refinancing. The
   jatuh tempo atau fasilitas kredit untuk pembiayaan                                                                   risk can be resolved by the Company because in
   kembali. Risiko tersebut dapat diatasi oleh                                                                          giving consumer financing facility, besides using
   Perusahaan karena dalam pemberian fasilitas                                                                          self financing, The Company also maintains
   pembiayaan konsumen, selain menggunakan dana                                                                         partnership with several national banks and state-
   sendiri, Perusahaan juga memiliki kerjasama                                                                          owned banks in the form of joint financing and
   dengan beberapa bank nasional dan bank                                                                               demand loan and term loans.
   pemerintah dalam bentuk fasilitas pinjaman untuk
   pembiayaan bersama (joint financing) maupun
   demand loan dan term loan.

   Tabel di bawah ini menggambarkan profil jatuh                                                                        The tables below summarizes the maturity profile
   tempo atas aset dan liabilitas keuangan                                                                              of the Company’s financial assets and liabilities at
   Perusahaan masing-masing pada tanggal-tanggal                                                                        December 31, 2024 and 2023, respectively,
   31 Desember 2024 dan 2023 berdasarkan sisa                                                                           based on remaining contractual maturity date
   jatuh tempo kontraktual yang tidak didiskonto:                                                                       undiscounted:
                                                                                     31 Desember/December 31, 2024

                                                       Kurang dari
                                                         3 bulan/
                                                        Less than              3-12 bulan/                >1-5 tahun/                > 5 tahun/
                                                        3 months              3-12 months                 >1-5 years                 > 5 years                Total
   Aset                                                                                                                                                                                         Assets
     Kas dan bank                                                48.614                           -                      -                        -                    48.614        Cash and banks
                                                                                                                                                                                       Finance lease
         Piutang sewa pembiayaan                                      9.582           222.426                 2.356.233                           -            2.588.241              receivables
         Piutang pembiayaan                                                                                                                                                       Consumer financing
             konsumen                                            82.675              870.268                  6.204.142                 161.065                7.318.150              receivables
         Piutang lain-lain*)                                      4.298                  131                      6.252                       -                   10.681          Other receivables*)
         Aset lain-lain**)                                       49.607                    -                          -                       -                   49.607              Other assets**)
   Total                                                       194.776             1.092.825                  8.566.627                 161.065              10.015.293                              Total

   Liabilitas                                                                                                                                                                                 Liabilities
      Utang bank                                            2.012.271                378.692                   715.081                            -            3.106.044                   Bank loans
      Utang dealer                                            152.477                      -                         -                            -              152.477           Payables to dealers
      Utang lain-lain***)                                      92.140                      -                         -                            -               92.140            Other payables***)
      Beban masih harus
           dibayar****)                                          4.994                     -                             -                        -                 4.994 Accrued expense****)
      Utang obligasi                                           809.379               103.536                             -                        -               912.915       Bonds payable

   Total                                                    3.071.261                482.228                   715.081                            -            4.268.570                             Total

   Perbedaan jatuh tempo                                   (2.876.485)               610.597                  7.851.546                 161.065                5.746.723                     Maturity gap

   *)    Piutang lain-lain terdiri atas piutang karyawan dan ijarah                                               *)    Other receivables consists of employee receivables and ijarah receivables
   **)   Aset lain-lain terdiri dari piutang subsidi                                                              **)   Other assets consists of subsidy receivables
   ***) Utang lain-lain terdiri atas utang asuransi dan utang atas transaksi pembiayaan bersama                   ***) Other payables consist of insurance payables and payable on joint financing
   ****) Beban masih harus dibayar terdiri dari beban bunga utang bank dan beban bunga utang                      ****) Accrued expense cosist of accrued interest bank loans and accrued interest bonds
          obligasi                                                                                                       payable




                                                                                                       103
Page 399
                                                                                                The original financial statements included herein are in the
                                                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                                       PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                                                            As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                                                      and for the Year Then Ended
              pada Tanggal tersebut                                                                        (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                                                       unless otherwise stated)
             kecuali dinyatakan lain)


32. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                                      32. FINANCIAL RISK MANAGEMENT (continued)

   Risiko Likuiditas (lanjutan)                                                                    Liquidity Risk (continued)

   Tabel di bawah ini menggambarkan profil jatuh                                                   The tables below summarizes the maturity profile
   tempo atas aset dan liabilitas keuangan                                                         of the Company’s financial assets and liabilities at
   Perusahaan masing-masing pada tanggal-tanggal                                                   December 31, 2024 and 2023, respectively,
   31 Desember 2024 dan 2023 berdasarkan sisa                                                      based on remaining contractual maturity date
   jatuh tempo kontraktual yang tidak didiskonto:                                                  undiscounted: (continued)
   (lanjutan)
                                                                        31 Desember/December 31, 2023
                                               Kurang dari
                                                 3 bulan/
                                                Less than           3-12 bulan/         >1-5 tahun/           > 5 tahun/
                                                3 months           3-12 months          >1-5 years            > 5 years             Total
   Aset                                                                                                                                                           Assets
     Kas dan bank                                      166.914                    -                   -                    -            166.914        Cash and banks
                                                                                                                                                         Finance lease
      Piutang sewa pembiayaan                           11.256          115.821             1.737.829                      -         1.864.906          receivables
      Piutang pembiayaan                                                                                                                            Consumer financing
          konsumen                                      43.289          770.217             6.764.911             182.628            7.761.045          receivables
      Piutang lain-lain*)                                   91              185                 6.679                   -                6.955      Other receivables*)
      Aset lain-lain**)                                  5.329                -                     -                   -                5.329          Other assets**)
   Total                                               226.879          886.223             8.509.419             182.628            9.805.149                         Total

   Liabilitas                                                                                                                                                  Liabilities
      Utang bank                                     1.198.825          428.746              802.536                       -         2.430.107              Bank loans
      Utang dealer                                     120.912                -                    -                       -           120.912      Payables to dealers
      Utang lain-lain***)                               76.643                -                    -                       -            76.643       Other payables***)
      Utang obligasi                                   385.793          519.431              834.667                       -         1.739.891          Bonds payable

   Total                                             1.782.173          948.177             1.637.203                      -         4.367.553                         Total

   Perbedaan jatuh tempo                             (1.555.294)        (61.954)            6.872.216             182.628            5.437.596                Maturity gap


   *) Piutang lain-lain terdiri atas piutang karyawan dan ijarah                                *) Other receivables consists of employee receivables and ijarah receivables
   **) Aset lain-lain terdiri dari piutang subsidi                                              **) Other assets consists of subsidy receivables
   ***) Utang lain-lain terdiri atas utang asuransi dan utang atas transaksi                    ***) Other payables consist of insurance payables and payable on joint
        pembiayaan bersama                                                                            financing


   Perusahaan senantiasa mengevaluasi efektifitas                                                  The Company continually evaluates the
   sistem operasi dan prosedur standar terhadap                                                    effectiveness of standard operating systems and
   fungsi penagihan dan meningkatkan pembiayaan                                                    procedures to improve collection functions and
   konsumen melalui joint financing untuk mengatasi                                                increase the portfolio of joint financing to
   maturity gap negatif yang ada, selain itu                                                       overcome the negative maturity gap, beside that
   Manajemen Perusahaan berkeyakinan bahwa sisa                                                    the Company’s Management believes that the
   limit fasilitas utang bank dari masing-masing bank                                              remaining unused bank loan facility limit from
   masih cukup untuk mengatasi maturity gap negatif                                                each bank are still able to cover the negative
   yang ada.                                                                                       maturity gap.

33. INSTRUMEN KEUANGAN                                                                        33. FINANCIAL INSTRUMENTS

   Berikut metode dan asumsi yang digunakan untuk                                                  The following methods and assumptions are used
   estimasi nilai wajar:                                                                           to estimate the fair value:

   Nilai wajar dari piutang sewa pembiayaan, piutang                                               The fair value of finance lease receivables,
   pembiayaan konsumen, utang bank dan utang                                                       consumer financing receivables, bank loans and
   obligasi ditentukan menggunakan diskonto arus                                                   bonds payables are determined by discounted
   kas berdasarkan tingkat suku bunga kontraktual                                                  cash flows using contractual interest rate as of
   pada tanggal-tanggal 31 Desember 2024 dan                                                       December 31, 2024 and 2023.
   2023.


                                                                                      104
Page 400
                                                                                               The original financial statements included herein are in the
                                                                                                                                     Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                                                   PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                                                   NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                                                        As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                                                  and for the Year Then Ended
             pada Tanggal tersebut                                                                    (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                                                   unless otherwise stated)
            kecuali dinyatakan lain)


33. INSTRUMEN KEUANGAN (lanjutan)                                                          33. FINANCIAL INSTRUMENTS (continued)

   Tabel di bawah ini menyajikan instrumen keuangan                                              The table below shows the financial instruments
   yang diakui pada nilai wajar berdasarkan hirarki                                              recognized at fair value based on the hierarchy
   yang digunakan Perusahaan untuk menentukan                                                    used by the Company in determining and
   dan mengungkapkan nilai wajar dari instrumen                                                  disclosing the fair value of financial instruments:
   keuangan:
                                                              31 Desember /December 31, 2024

                                                                                Nilai wajar/Fair value
                                            Nilai
                                          tercatat/      Tingkat 1/           Tingkat 2/        Tingkat 3/
                                        Carrying value    Level 1              Level 2           Level 3                Total

   Aset keuangan                                                                                                                                            Financial assets
   Piutang sewa pembiayaan - neto           2.319.695                 -         2.352.347            12.035             2.364.382             Finance lease receivables - net
   Piutang pembiayaan konsumen - neto       5.556.651                 -         6.567.558            24.469             6.592.027        Consumer financing receivables - net
   Investasi dalam saham                      159.504                 -           159.504                 -               159.504                       Investment in shares

                                             8.035.850                -          9.079.409            36.504            9.115.913

   Liabilitas keuangan                                                                                                                                      Financial liabilities
   Utang bank                               2.959.028                 -         2.969.613                    -          2.969.613                                 Bank loans
   Utang obligasi                             899.145                 -           904.903                    -            904.903                              Bond payables

                                            3.858.173                     -      3.874.516                       -      3.874.516


                                                              31 Desember /December 31, 2023

                                                                                Nilai wajar/Fair value
                                            Nilai
                                          tercatat/      Tingkat 1/           Tingkat 2/        Tingkat 3/
                                        Carrying value    Level 1              Level 2           Level 3                Total

   Aset keuangan                                                                                                                                            Financial assets
   Piutang sewa pembiayaan - neto           1.666.010                 -         1.684.734            10.282             1.695.016             Finance lease receivables - net
   Piutang pembiayaan konsumen - neto       5.988.601                 -         6.929.775            24.973             6.954.748        Consumer financing receivables - net
   Investasi dalam saham                      159.504                 -           159.504                 -               159.504                       Investment in shares

                                            7.814.115                 -         8.774.013            35.255             8.809.268

   Liabilitas keuangan                                                                                                                                      Financial liabilities
   Utang bank                               2.393.055                 -         2.403.886                    -          2.403.886                                 Bank loans
   Utang obligasi                           1.648.624                 -         1.657.493                    -          1.657.493                              Bond payables

                                            4.041.679                 -         4.061.379                    -          4.061.379



   Tabel di bawah ini menyajikan perbandingan atas                                                The tables below present a comparison by class
   nilai tercatat dengan nilai wajar dari instrumen                                               of the carrying amounts and fair value of the
   keuangan Perusahaan yang tercatat dalam laporan                                                Company’s financial instrument that are carried in
   keuangan.                                                                                      the financial statements.
                                                                 31 Desember/December 31, 2024

                                             Aset
                                         keuangan
                                        yang diukur
                                         nilai wajar        Aset        Liabilitas
                                           melalui       keuangan       keuangan
                                          laba rugi/    diukur pada    diukur pada
                                          Financial biaya perolehan biaya perolehan
                                            assets     diamortisasi/ diamortisasi/
                                        measured at      Financial      Financial                 Nilai
                                          fair value       assets       liabilities             tercatat/
                                           through      measured at    measured at              Carrying             Nilai wajar/
                                        profit or loss amortized cost amortized cost              value              Fair value

   ASET KEUANGAN                                                                                                                                        FINANCIAL ASSETS
   Kas dan bank                                     -         48.556                       -         48.556                48.556                             Cash and banks
   Piutang sewa pembiayaan - neto                   -      2.319.695                       -      2.319.695             2.364.382               Finance lease receivable - net
   Piutang pembiayaan konsumen - neto               -      5.556.651                       -      5.556.652              6.592.027   Consumer financing receivables - net
   Piutang lain-lain*)                              -          5.595                       -          5.595                 5.595                          Other receivables*)
   Aset lain-lain                                   -         50.094                       -         50.094                50.094                                Other assets
   Investasi dalam saham                      159.504              -                       -        159.504               159.504                         Investment in share

   Total aset keuangan                        159.504      7.980.591                       -      8.140.096             9.220.158                       Total financial assets




                                                                              105
Page 401
                                                                                                The original financial statements included herein are in the
                                                                                                                                      Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                                  PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                                                       As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                                                 and for the Year Then Ended
              pada Tanggal tersebut                                                                   (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                                                  unless otherwise stated)
             kecuali dinyatakan lain)


33. INSTRUMEN KEUANGAN (lanjutan)                                                          33. FINANCIAL INSTRUMENTS (continued)
   Tabel di bawah ini menyajikan perbandingan atas                                                The tables below present a comparison by class
   nilai tercatat dengan nilai wajar dari instrumen                                               of the carrying amounts and fair value of the
   keuangan Perusahaan yang tercatat dalam laporan                                                Company’s financial instrument that are carried in
   keuangan (lanjutan).                                                                           the financial statements (continued)
                                                                           31 Desember/December 31, 2024

                                                     Aset
                                                 keuangan
                                                yang diukur
                                                 nilai wajar        Aset        Liabilitas
                                                   melalui       keuangan       keuangan
                                                  laba rugi/    diukur pada    diukur pada
                                                  Financial biaya perolehan biaya perolehan
                                                    assets     diamortisasi/ diamortisasi/
                                                measured at      Financial      Financial          Nilai
                                                  fair value       assets       liabilities      tercatat/
                                                   through      measured at    measured at       Carrying       Nilai wajar/
                                                profit or loss amortized cost amortized cost       value        Fair value

   LIABILITAS KEUANGAN                                                                                                                           FINANCIAL LIABILITIES
   Utang bank                                                 -               -     2.959.028      2.959.028       2.969.613                                  Bank loans
   Utang dealer                                               -               -       152.477        152.477         152.477                          Payables to dealers
   Utang lain-lain**)                                         -               -        92.140         92.140          92.141                            Other payables**)
   Beban akrual-bunga                                         -               -         4.994          4.994           4.994                     Accrue expenses-interest
   Utang obligasi                                             -               -       899.145        899.145         904.903                              Bond payables

   Total liabilitas keuangan                                  -               -     4.107.784      4.107.784       4.124.128                Total financial liabilities




                                                                           31 Desember/December 31, 2023

                                                     Aset
                                                 keuangan
                                                yang diukur
                                                 nilai wajar        Aset        Liabilitas
                                                   melalui       keuangan       keuangan
                                                  laba rugi/    diukur pada    diukur pada
                                                  Financial biaya perolehan biaya perolehan
                                                    assets     diamortisasi/ diamortisasi/
                                                measured at      Financial      Financial          Nilai
                                                  fair value       assets       liabilities      tercatat/
                                                   through      measured at    measured at       Carrying       Nilai wajar/
                                                profit or loss amortized cost amortized cost       value        Fair value

   ASET KEUANGAN                                                                                                                                    FINANCIAL ASSETS
   Kas dan bank - neto                                       -          166.420             -        166.420         166.420                         Cash and banks -net
   Piutang sewa pembiayaan - neto                            -        1.666.010             -      1.666.010       1.695.016               Finance lease receivable - net
   Piutang pembiayaan konsumen - neto                        -        5.988.601             -      5.988.601       6.954.748          Consumer financing receivables - net
   Piutang lain-lain*)                                       -            5.865             -          5.865           5.865                           Other receivables*)
   Aset lain-lain                                            -            5.773             -          5.773           5.773                                 Other assets
   Investasi dalam saham                               159.504                -             -        159.504         159.504                          Investment in share

   Total aset keuangan                                 159.504        7.832.669             -      7.992.173       8.987.326                        Total financial assets

   LIABILITAS KEUANGAN                                                                                                                           FINANCIAL LIABILITIES
   Utang bank                                                 -               -     2.393.055      2.393.055       2.403.886                                  Bank loans
   Utang dealer                                               -               -       120.912        120.912         120.912                          Payables to dealers
   Utang lain-lain**)                                         -               -        76.643         76.643          76.643                            Other payables**)
   Beban akrual-bunga                                         -               -        10.666         10.666          10.666                     Accrue expenses-interest
   Utang obligasi                                             -               -     1.648.624      1.648.624       1.657.493                              Bond payables

   Total liabilitas keuangan                                  -               -     4.249.900      4.249.900       4.269.600                     Total financial liabilities



   *) Piutang lain-lain terdiri dari piutang karyawan dan piutang ijarah                           *) Other receivables consists of employee receivables and ijarah
                                                                                                       receivables.
   **) Utang lain-lain terdiri dari utang asuransi dan utang atas transaksi                        **) Other Payables consists of insurance payables and payable on joint
       pembiayaan bersama.                                                                             financing.




                                                                                  106
Page 402
                                                                      The original financial statements included herein are in the
                                                                                                            Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                         PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                              As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                        and for the Year Then Ended
             pada Tanggal tersebut                                          (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                         unless otherwise stated)
            kecuali dinyatakan lain)


34. INFORMASI          KEUANGAN         TAMBAHAN-UNIT               34. SUPPLEMENTARY FINANCIAL INFORMATION
    SYARIAH                                                             -SHARIA UNIT

                                             31 Desember/           31 Desember/
                                           December 31, 2024      December 31, 2023

   Aset                                                                                                                 Assets
     Kas dan bank                                      1.255                  26.399                            Cash and banks
     Piutang pembiayaan murabahah                                                                Murabahah financing receivable
       - bruto                                       551.704                484.937                                      - gross
     Marjin pembiayaan murabahah                                                                 Unearned murabahah financing
       yang belum diakui                             (65.104)                (58.697)                                   income
     Pendapatan dan beban
       yang ditangguhkan                             (20.885)                (15.247)            Deferred income and expenses
     Cadangan kerugian penurunan
       nilai                                          (3.278)                 (3.480)           Allowance for impairment losses
     Piutang murabahah-neto                          462.437                407.513                  Murabahah receivable-net
     Piutang ijarah-bruto                                     -                   68                      Ijarah receivable-gross
     Cadangan kerugian penurunan
       nilai                                                  -                  (18)           Allowance for impairment losses
     Piutang ijarah-neto                                      -                   50                       Ijarah receivable-net
     Aset diperoleh untuk ijarah                       8.241                   2.739                 Assets acquired for ijarah

   Liabilitas                                                                                                          Liabilities

     Utang dealer                                     10.512                  21.063                        Payable to dealers
     Utang lain-lain                                   5.620                   3.425                          Other payables

   Pendapatan                                                                                                             Income
     Pendapatan margin ijarah                         3.925                    3.033                             Ijarah income
     Administrasi kredit ijarah                      (3.323)                  (2.651)                Ijarah credit administration
     Pendapatan margin murabahah                     47.123                   32.046                       Murabahah income
     Administrasi kredit murabahah                   17.015                   13.191           Murabahah credit administration

   Beban                                                                                                             Expenses
     Beban lain-lain                                    229                      163                           Other expenses
     Beban penyisihan penurunan nilai                 1.708                    2.417                Impairment losses expense


35. PERJANJIAN PEMBIAYAAN BERSAMA                                   35. JOINT FINANCING AGREEMENTS

   PT Bank Maybank Indonesia Tbk (MBI)                                  PT Bank Maybank Indonesia Tbk (MBI)

   Perusahaan mengadakan perjanjian kerja sama                         The Company conducted a cooperation agreement
   dengan MBI tentang pemasaran fasilitas bersama                      with MBI regarding the marketing activities of
   pembiayaan kendaraan bermotor kepada debitur                        vehicle joint financing to debtors since year 2000
   sejak tahun 2000 berdasarkan perjanjian kerja                       based on joint financing agreement dated on
   sama tanggal 23 Februari 2000 dan telah                             February 23, 2000 and was renewed for several
   diperbaharui dan diperpanjang beberapa kali                         times during year 2000 until 2022.
   selama rentang waktu tahun 2000 sampai 2022.




                                                         107
Page 403
                                                            The original financial statements included herein are in the
                                                                                                  Indonesian language.

     PT MAYBANK INDONESIA FINANCE                                PT MAYBANK INDONESIA FINANCE
    CATATAN ATAS LAPORAN KEUANGAN                                NOTES TO FINANCIAL STATEMENTS
         Tanggal 31 Desember 2024                                     As of December 31, 2024
      serta Untuk Tahun yang Berakhir                               and for the Year Then Ended
            pada Tanggal tersebut                                 (Expressed in millions of Rupiah,
       (Disajikan dalam jutaan Rupiah,                                unless otherwise stated)
           kecuali dinyatakan lain)


35. PERJANJIAN      PEMBIAYAAN         BERSAMA             35. JOINT FINANCING AGREEMENTS (continued)
    (lanjutan)

   PT Bank      Maybank   Indonesia   Tbk    (MBI)            PT Bank Maybank Indonesia Tbk (MBI)
   (lanjutan)                                                 (continued)

   Pada tanggal 17 Januari 2022, Perusahaan                   On January 17, 2022, the Company obtained
   memperoleh perpanjangan Fasilitas Kerjasama                extension of vehicle Loan facility agreement
   Kredit Kendaraan Bermotor (KKB) dengan surat               based on letter No. S.2022.013/DIR GLOBAL-FIG
   No. S.2022.013/DIR GLOBAL-FIG dimana jangka                which was valid from January 31, 2022 up to
   waktu perjanjian berlaku dari 31 Januari 2022              January 31, 2023, the Company had a fund
   sampai dengan 31 Januari 2023, Perusahaan                  allocation from MBI amounting to Rp10,500,000 in
   memperoleh alokasi dana dari MBI sebesar                   term of uncommitted line-revolving. The financing
   Rp10.500.000 yang bersifat uncommitted line-               portion is 99% for MBI and 1% for the Company.
   revolving dengan porsi pembiayaan 99% porsi MBI
   dan 1% porsi Perusahaan.

   Pada tanggal 30 Januari 2023, Perusahaan                   On January 30, 2023, the Company obtained
   memperoleh perpanjangan Fasilitas Kerjasama                extension of vehicle Loan facility agreement
   Kredit Kendaraan Bermotor (KKB) dengan surat               based on letter No. SPJ.2023.001/DIR GLOBAL-
   No. SPJ.2023.001/DIR GLOBAL-FIG dimana                     FIG which was valid from January 31, 2023 up to
   jangka waktu perjanjian berlaku dari 31 Januari            January 31, 2024, the Company had a fund
   2023 sampai dengan 31 Januari 2024, Perusahaan             allocation from MBI amounting to Rp9,500,000 in
   memperoleh alokasi dana dari MBI sebesar                   term of uncommitted line-revolving. The financing
   Rp9.500.000 yang bersifat uncommitted line-                portion is 99% for MBI and 1% for the Company.
   revolving dengan porsi pembiayaan 99% porsi MBI
   dan 1% porsi Perusahaan.

   Pada tanggal 16 Januari 2024, Perusahaan                   On January 16, 2024, the Company obtained
   memperoleh perpanjangan Fasilitas Kerjasama                extension of vehicle Loan facility agreement
   Kredit Kendaraan Bermotor (KKB) dengan surat               based on letter No. SPJ.2024.001/DIR GLOBAL-
   No. SPJ.2024.001/DIR GLOBAL-FIG dimana                     FIG which was valid from January 31, 2024 up to
   jangka waktu perjanjian berlaku dari 31 Januari            January 31, 2025, the Company had a fund
   2024 sampai dengan 31 Januari 2025, Perusahaan             allocation from MBI amounting to Rp10,000,000 in
   memperoleh alokasi dana dari MBI sebesar                   term of uncommitted line-revolving. The financing
   Rp10.000.000 yang bersifat uncommitted line-               portion is 99% for MBI and 1% for the Company.
   revolving dengan porsi pembiayaan 99% porsi MBI
   dan 1% porsi Perusahaan.

  Pada tanggal 30 November 2015, berdasarkan                 On November 30, 2015, based on letter
  surat No. S.2015.107. Presdir - Sharia Banking,            No. S.2015.107. Presdir - Sharia Banking,
  tentang Perubahan dan Pernyataan Kembali Akad              regarding the Addendum and Restatement of
  Pembiayaan Bersama - Fasilitas Pembiayaan                  Murabahah Agreement between MBI and
  Murabahah antara MBI dengan Perusahaan,                    the Company, which was valid for 2 (two) years
  dimana jangka waktu perjanjian berlaku 2 (dua)             from the signed date of agreement which was
  tahun sejak penandatangan perjanjian yaitu dari            from December 1, 2015 until December 1, 2017,
  1 Desember 2015 sampai dengan 1 Desember                   the Company had a fund allocation from MBI
  2017, Perusahaan memperoleh alokasi dana dari              amounting to Rp1,300,000 in term of uncommitted
  MBI    sebesar    Rp1.300.000    yang   bersifat           line-revolving. The financing portion is 99% for
  uncommitted    line-revolving   dengan    porsi            MBI and 1% for the Company.
  pembiayaan 99% porsi MBI dan 1% porsi
  Perusahaan.




                                                     108
Page 404
                                                                  The original financial statements included herein are in the
                                                                                                        Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                     PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                     NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                          As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                    and for the Year Then Ended
             pada Tanggal tersebut                                      (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                     unless otherwise stated)
            kecuali dinyatakan lain)


35. PERJANJIAN        PEMBIAYAAN          BERSAMA               35. JOINT FINANCING AGREEMENTS (continued)
    (lanjutan)

    PT Bank Maybank Indonesia Tbk (MBI) (lanjutan)                 PT Bank Maybank               Indonesia      Tbk     (MBI)
                                                                   (continued)

    Pada tanggal 27 Desember 2017, berdasarkan                      On December 27, 2017, based on letter
    surat No. SPj.2017.113/Presdir - Sharia Banking,                No. SPj.2017.113/Presdir - Sharia Banking,
    tentang Perubahan dan Pernyataan Kembali Akad                   regarding the Addendum and Restatement of
    Pembiayaan Bersama - Fasilitas Pembiayaan                       Murabahah Agreement between MBI and
    Murabahah antara MBI dengan Perusahaan,                         the Company, which was valid for 2 (two) years
    dimana jangka waktu perjanjian berlaku 2 (dua)                  from the signed date of agreement which was
    tahun sejak penandatangan perjanjian yaitu dari                 from December 1, 2017 until December 1, 2019.
    1      Desember     2017      sampai     dengan                 The Company had a fund allocation from MBI
    1 Desember 2019, Perusahaan memperoleh                          amounting to Rp1,000,000 in term of uncommitted
    alokasi dana dari MBI sebesar Rp1.000.000 yang                  line-revolving. The financing portion is 99% for
    bersifat uncommitted line-revolving dengan porsi                MBI and 1% for the Company.
    pembiayaan 99% porsi MBI dan 1% porsi
    Perusahaan.

    Pada tanggal 5 Februari 2020, berdasarkan                       On February 5, 2020, based on letter
    surat No. SPj.2019.002/PRESDIR-Sharia Banking                   No. SPj.2019.002/PRESDIR-Sharia Banking,
    tentang Perubahan dan Pernyataan Kembali Akad                   regarding the Addendum and Restatement of
    Musyarakah      untuk    kerjasama     pembiayaan               Musyarakah Agreement between MBI and
    Bersama antara MBI dan Perusahaan dimana                        the Company, which was valid for 2 (two) years
    jangka waktu perjanjian berlaku 2 (dua) tahun sejak             from the signed date of agreement which is from
    penandatangan perjanjian yaitu dari 2 Desember                  December 2, 2019 until December 2, 2021, the
    2019 sampai dengan 2 Desember 2021,                             Company had a fund allocation from MBI
    Perusahaan memperoleh alokasi dana dari MBI                     amounting to Rp1,000,000 in term of uncommitted
    sebesar Rp1.000.000 yang bersifat uncommitted                   line-revolving. The financing portion is 99% for
    line-revolving dengan porsi pembiayaan 99% porsi                MBI and 1% for the Company.
    MBI dan 1% porsi Perusahaan.

    Pada tanggal 3 Desember 2021, berdasarkan                       On December 3, 2021, based on letter
    surat No. SPj.2022.009/PRESDIR-Sharia Banking                   No. SPj.2022.009/PRESDIR-Sharia Banking,
    tentang Perubahan dan Pernyataan Kembali Akad                   regarding the Addendum and Restatement of
    Musyarakah      untuk    kerjasama     pembiayaan               Musyarakah Agreement between MBI and
    Bersama antara MBI dan Perusahaan dimana                        the Company, which was valid for 2 (two) years
    jangka waktu perjanjian berlaku 2 (dua) tahun sejak             from the signed date of agreement which is from
    penandatangan perjanjian yaitu dari 3 Desember                  December 3, 2021 until December 3, 2023, the
    2021 sampai dengan 3 Desember 2023,                             Company had a fund allocation from MBI
    Perusahaan memperoleh alokasi dana dari MBI                     amounting to Rp1,000,000 in term of uncommitted
    sebesar Rp1.000.000 yang bersifat uncommitted                   line-revolving. The financing portion is 99% for
    line-revolving dengan porsi pembiayaan 99% porsi                MBI and 1% for the Company.
    MBI dan 1% porsi Perusahaan.

    Pada tanggal 4 Desember 2023, berdasarkan surat                 On December 4, 2023, based on letter
    No. SPJ.2024.002/DIR GLOBAL - FIG tentang                       No. SPJ.2024.002/DIR GLOBAL - FIG, regarding
    Perubahan dan Pernyataan Kembali Akad                           the Addendum and Restatement of Musyarakah
    Musyarakah     untuk     kerjasama     pembiayaan               Agreement between MBI and the Company,
    Bersama antara MBI dan Perusahaan dimana                        which was valid for 2 (two) year from the signed
    jangka waktu perjanjian berlaku 2 (dua) tahun sejak             date of agreement January 31, 2025, the
    penandatangan perjanjian yaitu sampai dengan                    Company had a fund allocation from MBI
    31 Januari 2025, Perusahaan memperoleh alokasi                  amounting to Rp1,000,000 in term of
    dana dari MBI sebesar Rp1.000.000 yang bersifat                 uncommitted line-revolving. The financing portion
    uncommitted     line-revolving     dengan     porsi             is 99% for MBI and 1% for the Company.
    pembiayaan 99% porsi MBI dan 1% porsi
    Perusahaan.



                                                          109
Page 405
                                                                                      The original financial statements included herein are in the
                                                                                                                            Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                            PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                                                 As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                                           and for the Year Then Ended
              pada Tanggal tersebut                                                             (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                                            unless otherwise stated)
             kecuali dinyatakan lain)


35. PERJANJIAN                 PEMBIAYAAN               BERSAMA                   35. JOINT FINANCING AGREEMENTS (continued)
    (lanjutan)

    PT Bank Maybank Indonesia Tbk (MBI) (lanjutan)                                      PT Bank Maybank                   Indonesia           Tbk      (MBI)
                                                                                        (continued)

    Jumlah pokok pembiayaan konsumen sehubungan                                         The consumer financing principal balance under
    dengan perjanjian pembiayaan bersama ini masing-                                    these joint financing agreements amounted to
    masing sebesar Rp10.346.994 dan Rp9.254.745                                         Rp10,346,994 and Rp9,254,745 as of December
    masing-masing pada tanggal-tanggal 31 Desember                                      31, 2024 and 2023, respectively.
    2024 dan 2023.

 36. SEGMEN OPERASI                                                                36. OPERATING SEGMENT

    Manajemen memantau hasil operasi dari unit                                           Management monitors the operating results of its
    usahanya secara terpisah guna keperluan                                              business units separately for the purpose of
    pengambilan keputusan mengenai alokasi sumber                                        making decisions about resource allocation and
    daya dan penilaian kinerja. Kinerja segmen                                           performance assessment. Segment performance
    dievaluasi berdasarkan laba atau rugi operasi dan                                    is evaluated based on operating profit or loss and
    diukur secara konsisten dengan laba atau rugi                                        is measured consistently with operating profit or
    operasi pada laporan keuangan. Namun,                                                loss in the financial statements. However,
    pendanaan      Perusahaan     (termasuk     biaya                                    Company’s financing (including finance costs
    pendanaan dan pendapatan pendanaan) dan pajak                                        and finance income) and income taxes are
    penghasilan dikelola secara Perusahan dan tidak                                      managed on the Company’s basis and are not
    dialokasikan kepada segmen operasi.                                                  allocated to operating segments.

    Seluruh aset Perusahaan berlokasi di Indonesia.                                       All of Company’s assets are located in Indonesia.
    Tabel berikut menyajikan penjualan kepada                                             The following table presents sales to customers
    pelanggan berdasarkan lokasi geografis pelanggan:                                     based on the geographical location of the
                                                                                          customers:
                                                                  31 Desember/Desember 31, 2024

                                                                                  Jawa non
                                     Kalimantan     Sulawesi      Sumatera       Jabodetabek      Jabodetabek    Total

    PENDAPATAN                                                                                                                                   REVENUE
    Pembiayaan konsumen                   27.022        23.881        215.331         174.280         386.359      826.873               Consumer financing
    Sewa pembiayaan                          543         2.550         24.207           4.274         211.144      242.718                   Finance leases
    Sewa ijarah - neto                         -             -              -               -             602          602                  Rent ijarah - net
    Pendapatan bunga                           -             -              -               2           2.490        2.492                  Interest income
    Pendapatan lain-lain                   1.606         1.688         10.753          10.328          17.112       41.487                     Other income

    Total pendapatan                      29.171        28.119        250.291         188.884         617.707    1.114.172                    Total revenue

    BEBAN                                                                                                                                       EXPENSES
    Beban kerugian
       penurunan nilai                       (31)       (1.652)       (20.964)        (15.961)        (21.161)    (65.769)                 Impairment losses
    Beban tenaga kerja                    (2.788)       (2.926)       (18.504)        (16.592)       (119.552)   (160.362)               Employee expenses
    Beban pemasaran                          (83)         (160)          (869)         (1.297)        (13.211)    (15.620)               Marketing expenses
    Beban penyusutan                        (341)         (274)        (1.437)           (544)         (7.266)     (9.862)                      Depreciation
    Beban provisi dan                           -           (1)              -             (1)         (3.020)     (3.022)         Provision and commission
       komisi                                                                                                                                      expenses
    Beban lain-lain                       (1.031)       (1.080)        (5.334)         (4.912)        (47.327)     (59.684)                  Other expenses

    Total beban                           (4.274)       (6.093)       (53.108)        (39.307)       (211.537)   (314.319)                  Total expenses

    Beban tidak dapat
       dialokasikan                                                                                              (216.499)            Unallocated expenses
    Penyusutan tidak
       dapat dialokasikan                                                                                                    -      Unallocated depreciation

    Laba sebelum beban pajak final                                                                                 583.354        Income before final tax and
       dan pajak penghasilan                                                                                                            Income tax expense
    Beban pajak final                                                                                                    (498)             Final tax expense

    Laba sebelum beban pajak                                                                                       582.856            Income before income
       penghasilan                                                                                                                                tax expense
    Beban pajak penghasilan                                                                                      (130.710)              Income tax expense

                                                                                                                                 Total comprehensive income
    Total laba komprehensif tahun berjalan                                                                         452.146                     for the year




                                                                          110
Page 406
                                                                                            The original financial statements included herein are in the
                                                                                                                                  Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                                 PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                                                      As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                                                and for the Year Then Ended
              pada Tanggal tersebut                                                                  (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                                                 unless otherwise stated)
             kecuali dinyatakan lain)


36. SEGMEN OPERASI (lanjutan)                                                            36. OPERATING SEGMENT (continued)
   Seluruh aset Perusahaan berlokasi di Indonesia.                                             All of Company’s assets are located in Indonesia.
   Tabel berikut menyajikan penjualan kepada                                                   The following table presents sales to customers
   pelanggan berdasarkan lokasi geografis pelanggan                                            based on the geographical location of the
   (lanjutan):                                                                                 customers (continued):

                                                                  31 Desember/December 31, 2024
                                                                                       Jawa non
                                      Kalimantan     Sulawesi         Sumatera        Jabodetabek      Jabodetabek     Total

   Aset segmen                            161.520         1.988          1.758.176        1.717.755       4.600.657    8.240.096                      Segment assets


   Aset tidak dapat dialokasi                                                                                                      -               Unallocated assets

   Total aset                                                                                                          8.240.096                         Total assets


   Liabilitas segmen                       16.504        52.774           223.752           63.927          44.855       401.812                    Segment liabilities


   Liabilitas tidak dapat dialokasi                                                                                    3.863.167                 Unallocated liabilities

   Total liabilitas                                                                                                    4.264.979                      Total liabilities

                                                                                                                                        Segment acquisitions of fixed
   Perolehan aset tetap dan                                                                                                                   assets and right-
      aset hak guna segmen                    496           407             1.806            1.138            9.551       13.398                  of-use assets

   Perolehan aset tetap                                                                                                                     Acquisition of fixed assets
      kantor pusat                                                                                                         3.118                     in head office

   Total perolehan aset tetap                                                                                                          Total acquisition fixed assets
      dan aset hak guna                                                                                                   16.516         and right-of-use assets


                                                                      31 Desember/Desember 31, 2023

                                                                                       Jawa non
                                      Kalimantan     Sulawesi         Sumatera        Jabodetabek      Jabodetabek     Total

   PENDAPATAN                                                                                                                                             REVENUE
   Pembiayaan konsumen                     24.095        29.650           213.876          195.102         430.304       893.027                  Consumer financing
   Sewa pembiayaan                          1.908           317            15.035            3.072         142.466       162.798                      Finance leases
   Sewa ijarah - neto                           -             -                 -                -             383           383                     Rent ijarah - net
   Pendapatan bunga                             -             -                 1                2           2.511         2.514                     Interest income
   Pendapatan lain-lain                       778           746             4.991            6.375          28.233        41.123                        Other income

   Total pendapatan                        26.781        30.713           233.903          204.551         603.897     1.099.845                       Total revenue

   BEBAN                                                                                                                                                  EXPENSES
   Beban kerugian
      penurunan nilai                      (1.620)       (1.534)           (24.025)         (21.653)        (26.223)     (75.055)                  Impairment losses
   Beban tenaga kerja                      (2.480)       (2.842)           (18.160)         (16.735)       (103.811)    (144.028)                Employee expenses
   Beban pemasaran                            (72)         (179)              (953)          (1.477)        (13.655)     (16.336)                Marketing expenses
   Beban penyusutan                          (118)          (97)              (840)          (1.548)         (4.818)      (7.421)                       Depreciation
   Beban provisi dan                                                                                                                       Provision and commission
      komisi                                    -             -                  -               (1)         (3.260)      (3.261)                      expenses
   Beban lain-lain                         (1.168)       (1.287)            (5.445)          (5.235)        (41.536)     (54.671)                    Other expenses

   Total beban                             (5.458)       (5.939)           (49.423)         (46.649)       (193.303)    (300.772)                     Total expenses

   Beban tidak dapat
      dialokasikan                                                                                                      (224.743)              Unallocated expenses
   Penyusutan tidak
      dapat dialokasikan                                                                                                  (2.515)            Unallocated depreciation

   Laba sebelum beban pajak final                                                                                        571.815           Income before final tax and
      dan pajak penghasilan                                                                                                                    Income tax expense
   Beban pajak final                                                                                                           (503)                Final tax expense

   Laba sebelum beban pajak                                                                                              571.312               Income before income
      penghasilan                                                                                                                                     tax expense
   Beban pajak penghasilan                                                                                              (127.521)                Income tax expense

                                                                                                                                               Total comprehensive
   Total laba komprehensif periode berjalan                                                                              443.791            income for the period




                                                                              111
Page 407
                                                                                                      The original financial statements included herein are in the
                                                                                                                                            Indonesian language.

       PT MAYBANK INDONESIA FINANCE                                                                        PT MAYBANK INDONESIA FINANCE
      CATATAN ATAS LAPORAN KEUANGAN                                                                        NOTES TO FINANCIAL STATEMENTS
           Tanggal 31 Desember 2024                                                                             As of December 31, 2024
        serta Untuk Tahun yang Berakhir                                                                       and for the Year Then Ended
              pada Tanggal tersebut                                                                         (Expressed in millions of Rupiah,
         (Disajikan dalam jutaan Rupiah,                                                                        unless otherwise stated)
             kecuali dinyatakan lain)


36. SEGMEN OPERASI (lanjutan)                                                                    36. OPERATING SEGMENT (continued)

   Seluruh aset Perusahaan berlokasi di Indonesia.                                                      All of the Company’s assets are located in
   Tabel berikut menyajikan penjualan kepada                                                            Indonesia. The following table presents sales to
   pelanggan berdasarkan lokasi geografis pelanggan                                                     customers based on the geographical location of
   (lanjutan):                                                                                          the customers (continued):


                                                                       31 Desember/December 31, 2023
                                                                                              Jawa non
                                      Kalimantan          Sulawesi          Sumatera         Jabodetabek        Jabodetabek            Total

   Aset segmen                            181.594            236.150             1.921.888        1.792.171            3.945.155        8.076.958                     Segment assets


   Aset tidak dapat dialokasi                                                                                                                      -               Unallocated assets

   Total aset                                                                                                                           8.076.958                         Total assets


   Liabilitas segmen                         4.948            35.034              297.990             49.749             139.544          527.265                   Segment liabilities


   Liabilitas tidak dapat dialokasi                                                                                                     3.850.056                Unallocated liabilities

   Total liabilitas                                                                                                                     4.377.321                      Total liabilities

                                                                                                                                                        Segment acquisitions of fixed
   Perolehan aset tetap dan                                                                                                                                   assets and right-
      aset hak guna segmen                      44             1.200                  439              2.878               1.810               6.371              of-use assets

   Perolehan aset tetap                                                                                                                                     Acquisition of fixed assets
      kantor pusat                                                                                                                             3.871                 in head office

   Total perolehan aset tetap                                                                                                                          Total acquisition fixed assets
      dan aset hak guna                                                                                                                    10.242        and right-of-use assets



37. TAMBAHAN INFORMASI ARUS KAS                                                                  37. SUPPLEMENTARY                                     CASH                  FLOW
                                                                                                     INFORMATION

   Perubahan pada liabilitas yang timbul dari aktivitas                                                 Changes in liabilities arising from financing
   pendanaan pada laporan arus kas adalah sebagai                                                       activities in the cash flow statement are as
   berikut:                                                                                             follows:
                                                                                                         Amortisasi
                                                               Arus kas              Arus kas              biaya/
                                                                masuk/                keluar/           Amortization
                                          1 Januari/           Incoming              Outgoing              cost of           31 Desember
                                        January 1, 2024        cashflow              Cashflow            acquisition       December 31, 2024

    Utang bank                                2.393.055              3.025.000          (2.459.027)                 -              2.959.028                                Bank Loan
    Utang obligasi - neto                     1.648.624                100.000            (850.000)               521                899.145                        Bonds payable - net

    Jumlah liabilitas dari                                                                                                                                          Total liabilities from
     aktivitas pendanaan                      4.041.679              3.125.000          (3.309.027)               521              3.858.173                     financing activities




                                                                                                         Amortisasi
                                                               Arus kas              Arus kas              biaya/
                                                                masuk/                keluar/           Amortization
                                          1 Januari/           Incoming              Outgoing              cost of           31 Desember
                                        January 1, 2023        cashflow              Cashflow            acquisition       December 31, 2023

    Utang bank                                1.797.223              3.300.000          (2.704.168)                  -             2.393.055                                 Bank Loan
    Utang obligasi                            1.746.606                      -            (100.000)              2.018             1.648.624                              Bonds payable

    Jumlah liabilitas dari                                                                                                                                          Total liabilities from
     aktivitas pendanaan                      3.543.829              3.300.000          (2.804.168)              2.018             4.041.679                     financing activities




                                                                                      112
Page 408
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

         PT MAYBANK INDONESIA FINANCE                                 PT MAYBANK INDONESIA FINANCE
        CATATAN ATAS LAPORAN KEUANGAN                                 NOTES TO FINANCIAL STATEMENTS
             Tanggal 31 Desember 2024                                      As of December 31, 2024
          serta Untuk Tahun yang Berakhir                                and for the Year Then Ended
                pada Tanggal tersebut                                  (Expressed in millions of Rupiah,
           (Disajikan dalam jutaan Rupiah,                                 unless otherwise stated)
               kecuali dinyatakan lain)


38. INFORMASI TAMBAHAN                                         38. ADDITIONAL INFORMATION
   Informasi tambahan berikut merupakan informasi                   The following additional information is information
   yang tidak dipersyaratkan untuk diungkapkan oleh                 that is not required to be disclosed by Indonesian
   Standar Akuntansi Keuangan di Indonesia.                         Financial Accounting Standards. Such additional
   Informasi tersebut disusun sesuai dengan regulasi                information was prepared in accordance with
   Otoritas Jasa Keuangan.                                          regulations of Financial Service Authority.
   A.     Klasifikasi Berdasarkan Kolektibilitas OJK                A. Classification Based on OJK Collectibility
          Pengelompokan piutang sewa pembiayaan                         Classification of finance lease receivables
          sesuai dengan POJK No. 35/POJK.05/2018                        based on POJK No. 35/POJK.05/2018 Art.
          tentang Penyelenggaraan Usaha Perusahaan                      92 regarding Business Operation of
          Pembiayaan Pasal 92 adalah sebagai berikut:                   Multifinance are as follows:

                                            31 Desember/       31 Desember/
                                          December 31, 2024 December 31, 2023

   Lancar                                        2.298.850          1.653.451                                       Current
   Dalam perhatian khusus                           27.830             19.048                               Special mention
   Kurang lancar                                     4.072              2.446                                 Substandard
   Diragukan                                         7.332              7.437                                      Doubtful
   Macet                                               140                  4                                         Loss

   Total piutang sewa pembiayaan                 2.338.224          1.682.386              Total finance lease receivables


   Pengelompokan piutang pembiayaan konsumen                        Classification of consumer financing receivables
   sesuai dengan POJK No. 35/POJK.05/2018                           based on POJK No. 35/POJK.05/2018 Art. 92
   tentang Penyelenggaraan Usaha Perusahaan                         regarding Business Operation of Multifinance are
   Pembiayaan Pasal 92 adalah sebagai berikut:                      as follows:
                                            31 Desember/       31 Desember/
                                          December 31, 2023 December 31, 2022

   Lancar                                        5.416.639          5.805.683                                       Current
   Dalam perhatian khusus                          155.113            204.925                               Special mention
   Kurang lancar                                     4.913              6.928                                 Substandard
   Diragukan                                        10.590             10.180                                      Doubtful
   Macet                                             4.595              4.053                                         Loss

   Total piutang pembiayaan konsumen             5.591.850          6.031.769      Total consumer financing receivables


   B.    MANAJEMEN RISIKO KEUANGAN                                  B. FINANCIAL RISK MANAGEMENT
          Pengelolaan Modal                                         Capital Management

          Tujuan     Perusahaan   dalam   mengelola                 The Company’s objective in managing its capital
          permodalan     adalah   untuk  melindungi                 is to keep the Company’s capability in
          kemampuan          Perusahaan       dalam                 maintaining its going concern, so that the
          mempertahankan kelangsungan usahanya,                     Company could distribute the return to
          sehingga Perusahaan tetap memberikan imbal                shareholders.
          hasil bagi pemegang saham.
         Perusahaan mengelola struktur permodalan                 The Company manages its capital structure and
         dan melakukan penyesuaian, berdasarkan                   makes adjustments to it, in light of changes in
         perubahan     kondisi   ekonomi.      Untuk              economic conditions. To maintain or adjust the
         memelihara dan menyesuaikan struktur                     capital structure, the Company may adjust the
         permodalan, Perusahaan dapat menyesuaikan                dividend payment to shareholders, issue new
         pembayaran dividen kepada pemegang                       shares or raise debt financing. No changes were
         saham, menerbitkan saham baru atau                       made in the objectives, policies or processes
         mengusahakan pendanaan melalui pinjaman.                 during the year presented.
         Tidak ada perubahan atas tujuan, kebijakan
         maupun proses selama tahun penyajian.


                                                        113
Page 409
                                                                   The original financial statements included herein are in the
                                                                                                         Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                        PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                        NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                             As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                       and for the Year Then Ended
             pada Tanggal tersebut                                         (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                        unless otherwise stated)
            kecuali dinyatakan lain)


38. INFORMASI TAMBAHAN (lanjutan)                                38. ADDITIONAL INFORMATION (continued)

    B. MANAJEMEN               RISIKO     KEUANGAN                   B.     FINANCIAL           RISK          MANAGEMENT
       (lanjutan)                                                           (continued)

        Pengelolaan Modal (lanjutan)                                        Capital Management (continued)

        Kebijakan       Perusahaan        adalah                            The Company’s policy is to maintain
        mempertahankan struktur permodalan yang                             a healthy capital structure in order to secure
        sehat untuk mengamankan akses terhadap                              access to finance at a reasonable cost.
        pendanaan pada biaya yang wajar.
        Dalam mengelola permodalan, Perusahaan                              In managing capital, the Company pays
        memperhatikan        ketentuan    Peraturan                         attention to the enactments of Otoritas
        Otoritas       Jasa    Keuangan     (POJK)                          Jasa     Keuangan      Regulation     (POJK)
        No.          35/POJK.05/2018        tentang                         No. 35/POJK.05/2018 regarding Business
        Penyelenggaraan        Usaha    Perusahaan                          Operation of Multifinance Company as last
        Pembiayaan sebagaimana diubah terakhir                              amended to No. 46 Year 2024 regarding
        menjadi No. 46 Tahun 2024 tentang                                   Development     and     Strengthening       of
        Pengembangan dan Penguatan Perusahaan                               Multifinance    Company,        Infrastructure
                                                                            Multifinance Company, and Venture Capital
        Pembiayaan,       Perusahaan    Pembiayaan
                                                                            Company which have some provision as
        Infrastruktur, dan Perusahaan Modal Ventura                         follows:
        yang diantaranya mengatur ketentuan
        sebagai berikut:

           Ekuitas Perusahaan minimum sebesar                               The Company’s equity minimum of
            Rp100.000;                                                        Rp100,000;
           Rasio ekuitas Perusahaan terhadap                                The Company’s equity ratio amounting to
            modal disetor paling rendah sebesar                               minimum 50.00% of paid-up capital;
            50,00%;                                                          The Company’s capital ratio of minimum
           Rasio permodalan Perusahaan mínimum                               10%;
            sebesar 10%;
           Jumlah      pinjaman    yang      dimiliki                       The amount of the Company’s loan to
            Perusahaan dibandingkan dengan selisih                            equity deducted by investment (gearing
            penjumlahan modal dengan penyertaan                               ratio) is the minimum of 0 (zero) and the
            (gearing ratio) ditetapkan serendah-                              maximum of 10 (ten) times, both for off-
            rendahnya 0 (nol) dan setinggi-tingginya                          shore and on-shore domestic loans.
            10 (sepuluh) kali, baik untuk pinjaman
            luar negeri maupun dalam negeri.

       Gearing ratio pada tanggal-tanggal 31                         Gearing ratio as of December 31, 2024 and 2023,
       Desember 2024 dan 2023 yang dihitung                          calculated based on the Financial Services
       berdasarkan      Peraturan   Otoritas  Jasa                   Authority Regulation No. 35/POJK.05/2018 as
       Keuangan                                                      last amended to No. 46 Year 2024 regarding
       No. 35/POJK.05/2018 sebagaimana diubah                        Development and Strengthening of Multifinance
       terakhir menjadi No. 46 Tahun 2024 tentang                    Company, Infrastructure Multifinance Company,
       Pengembangan dan Penguatan Perusahaan                         and Venture Capital Company regarding
       Pembiayaan,       Perusahaan     Pembiayaan                   Business Operation of Multifinance Company are
       Infrastruktur, dan Perusahaan Modal Ventura                   as follows:
       tentang Penyelenggaraan Usaha Perusahaan
       Pembiayaan adalah sebagai berikut:
                                          31 Desember/           31 Desember/
                                        December 31, 2024      December 31, 2023

       Pinjaman                                  3.858.173                4.041.679                                Borrowing
       Modal                                     3.975.117                3.699.637                                     Equity
       Investasi dalam saham                       159.504                  159.504                      Investment in shares

       Gearing ratio                                 1,01x                    1,14x                              Gearing ratio



                                                         114
Page 410
                                                                         The original financial statements included herein are in the
                                                                                                               Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                              PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                                   As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                             and for the Year Then Ended
             pada Tanggal tersebut                                               (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                              unless otherwise stated)
            kecuali dinyatakan lain)



38. INFORMASI TAMBAHAN (lanjutan)                                      38. ADDITIONAL INFORMATION (continued)

   B. MANAJEMEN RISIKO KEUANGAN (lanjutan)                                 B.    FINANCIAL            RISK           MANAGEMENT
                                                                                 (continued)

      Pengelolaan Modal (lanjutan)                                               Capital Management (continued)

      Sesuai dengan POJK tersebut di atas, gearing                               In accordance with the above mentioned
      ratio yang diperbolehkan serendah-rendahnya 0                              POJK, the minimum gearing ratio allowable
      (nol) dan setinggi-tingginya adalah 10 (sepuluh)                           is 0 (zero) and maximum gearing ratio
      kali. Dengan demikian Perusahaan telah                                     allowable is 10 (ten) times. Hence, the
      mematuhi POJK.                                                             Company has complied with the POJK.

       Berdasarkan Peraturan Otoritas Jasa Keuangan                              Based on the enactments of Otoritas Jasa
       (POJK)      No.    35/POJK.05/2018      tentang                           Keuangan            Regulation           (POJK)
       Penyelenggaraan         Usaha       Perusahaan                            No. 35/POJK.05/2018 regarding Business
       Pembiayaan sebagaimana diubah terakhir                                    Operation of Multifinance Company as last
       menjadi No. 46 Tahun 2024 tentang                                         amended to No. 46 Year 2024 regarding
       Pengembangan dan Penguatan Perusahaan                                     Development       and       Strengthening      of
       Pembiayaan,        Perusahaan       Pembiayaan                            Multifinance      Company,         Infrastructure
       Infrastruktur, dan Perusahaan Modal Ventura,                              Multifinance Company, and Venture Capital
       Perusahaan diharuskan untuk memenuhi                                      Company, the Company is required to comply
       sejumlah rasio keuangan tertentu. Rasio-rasio                             with several financial ratios. The ratios are set
       diatur dengan rincian sebagai berikut:                                    with the following detail:
                                                                        Ketentuan/
                                                 Nilai/Value           Requirement

       Rasio piutang pembiayaan
           terhadap total aset                             40%        Minimal/Minimum                        Financing to asset ratio
       Rasio Non Performing Financing - neto                5%       Maksimal/Maximum          Non Performing Financing ratio - net
       Rasio saldo piutang pembiayaan                                                     Investment financing and
       investasi dan pembiayaan modal kerja                                                          working capital financing to
       terhadap total saldo piutang pembiayaan             10%        Minimal/Minimum            total financing receivables ratio
       Rasio permodalan                                    10%        Minimal/Minimum                                     Capital ratio
       Rasio ekuitas terhadap modal disetor                50%        Minimal/Minimum                 Equity to fully paid capital ratio
       Gearing ratio                                        10x      Maksimal/Maximum                                    Gearing ratio

       Rasio-rasio selain yang disebutkan di atas                                Ratios other than stated above are not
       tidak diatur batas minimal atau maksimal.                                 regulated for the minimum or maximum limit.
       Rasio-rasio ini dibuat oleh Perusahaan                                    These ratios have been prepared by the
       berdasarkan formula sebagaimana ditentukan                                Company based on the formula as
       dalam peraturan OJK untuk tujuan kepatuhan                                prescribed in the said OJK regulation for
       terhadap peraturan, dimana rasio tersebut                                 regulatory compliance purposes, where
       dapat berbeda jika rasio tersebut dihitung                                such ratios may differ had the ratios been
       berdasarkan standar akuntansi keuangan                                    computed based on Indonesian financial
       Indonesia (tidak diaudit).                                                accounting standards (unaudited).
                                             31 Desember/              31 Desember/
                                           December 31, 2024         December 31, 2023

       Rasio piutang pembiayaan terhadap
         total aset                                     95,59%                   94,77%                       Financing to asset ratio
       Rasio saldo piutang terhadap pinjaman           204,15%                  189,39%                Financing to borrowings ratio
       Rasio saldo piutang investasi dan                                                        Ratio total investment financing and
         pembiayaan modal kerja terhadap                                                                 working capital financing
         total saldo piutang                            29,69%                   21,98%                           to total financing
       Rasio permodalan                                 70,55%                   65,78%                                   Capital Ratio
       Rasio Modal Sendiri - Modal
         Disetor (MSMD)                            12.280,25%              11.429,21%               Ratio of equity to paid up capital




                                                               115
Page 411
                                                                 The original financial statements included herein are in the
                                                                                                       Indonesian language.

      PT MAYBANK INDONESIA FINANCE                                      PT MAYBANK INDONESIA FINANCE
     CATATAN ATAS LAPORAN KEUANGAN                                      NOTES TO FINANCIAL STATEMENTS
          Tanggal 31 Desember 2024                                           As of December 31, 2024
       serta Untuk Tahun yang Berakhir                                     and for the Year Then Ended
             pada Tanggal tersebut                                       (Expressed in millions of Rupiah,
        (Disajikan dalam jutaan Rupiah,                                      unless otherwise stated)
            kecuali dinyatakan lain)


38. INFORMASI TAMBAHAN (lanjutan)                              38. ADDITIONAL INFORMATION (continued)

    B. MANAJEMEN RISIKO KEUANGAN (lanjutan)                        B.    FINANCIAL            RISK          MANAGEMENT
                                                                         (continued)

        Pengelolaan Modal (lanjutan)                                     Capital Management (continued)
                                           31 Desember/        31 Desember/
                                         December 31, 2024   December 31, 2023

       Rasio rentabilitas                                                                                  Rentability Ratio
           Return on asset                          7,67%                 7,76%                         Return on asset
           Return on equity                        11,93%                12,62%                         Return on equity
           Beban operasional terhadap pendapatan                                                  Operating expenses to
             operasional                           57,11%                56,60%                     operating income
           Net interest margin                      6,66%                 8,91%                      Net interest margin
       Rasio likuiditas                                                                                      Liquidity Ratio
           Rasio lancar                            29,90%                39,17%                             Current ratio
           Rasio kas                                1,37%                 6,15%                               Cash ratio
           Turn over receivables                      1,00                  1,10                   Turn over receivables

    Pada tanggal 31 Desember 2024, rasio piutang                   As of December 31, 2024, the non performing
    pembiayaan bermasalah neto dan bruto masing-                   financing ratio net and bruto are 0.28% and
    masing adalah 0,28% dan 0,40%. Pada tanggal                    0.40%, respectively. As of December 31, 2023,
    31 Desember 2023, rasio piutang pembiayaan                     the non performing financing ratio net and bruto
    bermasalah neto dan bruto masing-masing adalah                 are 0.28% and 0.40%, respectively.
    0,28% dan 0,40%.

39. TANGGAL        PENYELESAIAN            LAPORAN             39. COMPLETION             OF        THE        FINANCIAL
    KEUANGAN                                                       STATEMENTS

   Manajemen Perusahaan bertanggung jawab atas                     The management of the Company is responsible
   penyusunan laporan keuangan yang telah                          for the preparation of the financial statements
   diselesaikan dan diotorisasi untuk terbit pada                  which were completed and authorized for issue
   tanggal 20 Februari 2025.                                       on February 20, 2025.




                                                       116
Page 412
                               Halaman ini sengaja dikosongkan.
                               This page is intentionally left blank.




PT Maybank Indonesia Finance
Wisma Eka Jiwa, 10th Floor
Jl. Mangga Dua Raya
Jakarta Pusat 10730
Indonesia
T : (021) 623 000 88
F : (021) 623 000 99
www.maybankfinance.co.id

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Names mentioned 162 people and organisations named in the text · linked when the evidence is strong

linked org Bank Maybank Indonesia Tbk p.41 ×36
linked person Arief Soerendro · Direktur p.50 ×13
linked person STEFFANO RIDWAN · Komisaris p.52 ×11
linked person Deswandhy Agusman · Komisaris p.54 ×7
linked org Bank Danamon p.56 ×5
linked — Standard Chartered p.56 ×2
linked org PT FKS Multi Agro p.58 ×3
linked org PT Asuransi Bina Dana Arta p.58
linked person HELMI MAHFUD p.65
linked org Bukit Asam Tbk p.65 ×5
linked person HADI INDRAPRASTA p.66 ×2
linked org Bank Danamon Indonesia Tbk. p.66 ×7
linked org PT Bank Central Asia p.66 ×3
linked org Austindo Nusantara Jaya p.73 ×2
linked org Indo American p.76 ×2
linked org Malayan Banking Berhad p.82 ×6
linked org Sorak Financial p.82 ×2
linked org Wahana Ottomitra Multiartha Tbk p.83 ×5
linked org PT Maybank Sekuritas Indonesia p.83 ×11
linked org Sinar Mas p.84 ×2
linked org PT Maybank Sekuritas p.142 ×2
possible org Otoritas Jasa Keuangan p.1 ×33
possible person BUDHI DYAH SITAWATI p.29 ×7
possible org Perusahaan p.40
possible org Negara Republik Indonesia p.40
possible person HERWAN NG p.52 ×10
possible org Bank Maybank Tbk p.55 ×2
possible org Bank BTPN Tbk p.56 ×4
possible org Bank DBS p.56 ×2
possible org KB Bank Bukopin Tbk. p.66 ×7
possible — Maybank Offshore p.82 ×2
possible person I Nyoman Tjager · Komisaris Independen p.84 ×3
possible person Muhammad Hasan p.85 ×2
possible person Prof. DR. Satrio p.89
possible org PT Johnson p.102
possible person ALEXANDER · Presiden Direktur p.173 ×5
unresolved person Profil Komite Nominasi · Komisaris p.6
unresolved person Organ Pendukung · Komisaris p.8
unresolved — Tanggung Jawab terhadap Debitur · Akuntan Publik p.8
unresolved org PT Maybank Indonesia Finance Handling p.8
unresolved org PT Fitch Ratings Indonesia. Bonds p.17
unresolved org PT Fitch Ratings Indonesia. p.17
unresolved person Lim Direktur Maybank · Direktur Maybank p.19
unresolved person Lim · Direktur p.19
unresolved org Bank The Best Indonesia IT p.19
unresolved org Pusat Statistik p.23
unresolved org Bank Indonesia p.23 ×11
unresolved org Financial Services Authority p.26 ×26
unresolved org Ministry of Finance p.35 ×4
unresolved org Menteri Kehakiman dan Hak Asasi Manusia Republik Indonesia p.40
unresolved person Notary Mr. Richardus Nangkih Sinulingga p.40 ×2
unresolved org PT BII Finance Center p.40 ×14
unresolved org PT BII Finance Center Bidang p.40
unresolved org Departemen Keuangan Republik Operating Licensed p.40
unresolved org Koperasi Karyawan Bank p.41 ×4
unresolved org PT BII Finance p.44 ×3
unresolved org Departemen Keuangan Republik Indonesia p.44
unresolved org Bank Internasional Indonesia Tbk p.44 ×5
unresolved org Indonesia Tbk. p.44 ×7
unresolved person Managing · Director p.51
unresolved org Koperasi Mitra Dhuafa p.55
unresolved org PT Lintas Jeram Nusantara p.55 ×2
unresolved person Drs. Utomo p.55 ×3
unresolved org PT Bangkit Maju Wisata p.55 ×2
unresolved org PT Caterpillar Finance Indonesia p.57 ×2
unresolved org PT Hewlett Packard Finance p.57
unresolved org PT Hewlett Packard Indonesia p.57
unresolved org Asuransi Bina Tbk p.58 ×2
unresolved org PT Orix Indonesia Finance p.59 ×2
unresolved org PT Bank Central Dagang p.60 ×2
unresolved org PT Verena Oto Finance p.61 ×2
unresolved org PT Elbatama Finance p.61 ×2
unresolved org PT Oto p.61
unresolved org PT Oto Multiartanha p.61
unresolved org PT Sinar Bersama Persada p.62 ×2
unresolved org PT Depok Motor p.62 ×2
unresolved org Kementerian Kesehatan Republik Indonesia p.63
unresolved org Ministry of Health p.63
unresolved org PT Mega Central Finance p.63
unresolved org Bank Sumsel Babel Syariah p.64 ×2
unresolved org PT Astra Aviva Life p.64 ×2
unresolved person Resolusi · Komisaris p.65 ×11
unresolved org PT Refcon Java Industry p.65 ×2
unresolved org Bank Universal Tbk. p.65 ×3
unresolved org PT Bank Merincorp p.65 ×2
unresolved org Dow Chemical Pacific Ltd. p.65 ×2
unresolved org PT PLTA Situmulya p.65 ×2
unresolved org PT Asuransi Cigna Indonesia p.66 ×2
unresolved org Bank Internasional Tbk. p.66 ×4
unresolved org Penyehatan Perbankan Nasional p.66
unresolved org Bank Restructuring Agency p.66
unresolved org Bank Duta Tbk. p.66 ×4
unresolved org PT Gilang Agung p.68
unresolved org PT Gilang Agung Persada p.68
unresolved org PT IMS Logistik Indonesia p.68 ×2
unresolved org PT Trisilco Folec Indonesia p.68 ×2
unresolved org PT BCA Finance p.68 ×2
unresolved org PT Carefour Indonesia p.68 ×2
unresolved org PT Austindo Nusantara Jaya Finance p.73
unresolved org Departemen Accounting p.75
unresolved org PT First Indo American Leasing p.76 ×2
unresolved org PT Verena Multi p.76
unresolved org PT Verena Multi Finance p.76
unresolved org PT Binatara Persada-Jakarta p.76 ×2
unresolved org PT Putra Nusa Lontar p.76 ×2
unresolved org PT PLAN International Indonesia p.76 ×2
unresolved org Kantor Akuntan Publik Robert Yogi p.77
unresolved org Terbatas Indonesia Tbk p.80 ×2
unresolved org Corporate Services Holdings Pte. Ltd. p.82 ×2
unresolved org PT Maybank Sekuritas Indonesia Affiliated p.84
unresolved org PT KES Sinar Mas Securities p.84 ×2
unresolved org PT Maybank Kim Eng Securities. Kemudian p.84
unresolved org PT Maybank Kim Eng Sekuritas p.84 ×3
unresolved org Menteri Hukum dan Hak Asasi Manusia Republik Indonesia p.84
unresolved org PT Maybank Kim Eng Securities. Further p.84
unresolved org PT Maybank King Eng Sekuritas p.84
unresolved org Minister of Law and Human Rights p.84
unresolved org PT Maybank Sekuritas Indonesia. Tempat Kedudukan Jakarta Domicile p.84
unresolved person Dato’ Abdul Hamid Bin SH Mohamed · Komisaris p.84
unresolved person Wilianto · Direktur Utama p.84 ×3
unresolved person Azrul Azwar Bin Ab Latif · Direktur p.84 ×2
unresolved person Wiwiek Susanto · Direktur p.84 ×2
unresolved person Ir. H. Juanda p.86
unresolved person Dr. Cipto p.86
unresolved person Ir. Soekarno Kelurahan Madegondo Kecamatan Grogol Sukoharjo Jawa p.89
unresolved org Kementerian Pendidikan p.96
unresolved org Ministry of Education p.96
unresolved org PT CBQA Global p.100
unresolved org PT Grajosa p.100
unresolved org PT Markplus p.101 ×3
unresolved org Yayasan Opportunities p.101
unresolved org PT Domi Manu p.101
unresolved person Sertifikasi Dasar · Komisaris p.101
unresolved org PT. Sertifikasi p.101 ×2
unresolved org PT Dian p.103
unresolved org Bank Indonesia Training Basic Human Centered Design Batch p.103
unresolved org PT Artha Safety p.105
unresolved org PT Pranaya p.105
unresolved org PT Media SDM p.106 ×5
unresolved org PT Infinity p.106
unresolved org PT Qubisa p.109
unresolved org PT Helios p.109
unresolved org PT Logos p.110
unresolved org PT Freshmind p.111
unresolved org PT Cipta Adhi p.111
unresolved org PT Riliv Psikologi p.112
unresolved org Berkelanjutan Indonesia Tbk p.142
unresolved org Continuous Indonesia Tbk p.142
unresolved org PT Wahana Ottomitra p.142
unresolved org Berkelanjutan Multiartha Tbk p.142
unresolved org PT Maybank Sekuritas Continuous p.142
unresolved org PT Maybank Kim Eng p.142
unresolved org PT Asuransi Etiqa p.143
unresolved org PT Asuransi Etiqa Internasional Indonesia p.143
unresolved org Bank Interest Expense p.145
unresolved org Pengawas Syariah · Komisaris p.156
unresolved org Koperasi Karyawan Bank Internasional p.168
unresolved org Kantor Akuntan Publik p.172
unresolved person MIKI EFFENDI LIM · Direktur p.173 ×10
unresolved person Kepatutan · Komisaris p.176
unresolved person Affiliate Relations · Komisaris p.178
unresolved org PT Maybank Indonesia Finance Wisma Eka Jiwa p.412

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